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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of TCI Finance Ltd

About the Company - TCI Finance Ltd

TCI Finance Ltd. is a Public Limited Listed company incorporated on 29/11/1973 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L65910TG1973PLC031293 and registration number is 031293. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 4.53 Cr. and Equity Capital is Rs. 14.20 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsPlot No.-20, Survey No.12, Hyderabad Telangana 500081investors@tcifl.in
http://www.tcifl.in
Management
NamePosition Held
Dr. Dhanpat Ram AgarwalChairman
Mr. Y S R Rajeev KumarNon Exe.Non Ind.Director
Mr. Mahendra AgarwalNon Exe.Non Ind.Director
Ms. Meera Madhusudhan SinghNon Exe.Non Ind.Director
Mr. Rajesh KundraIndependent Director
Mr. Arun Kumar AgarwalNon Exe.Non Ind.Director

TCI Finance Ltd. Share Price Update

Share PriceValue
Today₹5.93
Previous Day₹5.93

Basic Stock Data of TCI Finance Ltd

Market Cap 7.21 Cr.
Current Price 5.60
High / Low5.93/2.65
Stock P/E
Book Value 41.0
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of TCI Finance Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Smartlink Holdings Ltd 172 Cr. 172205/1291,561 1830.00 %1.57 %0.91 % 2.00
DCM Financial Services Ltd 13.2 Cr. 5.937.60/3.25 21.80.00 %2.97 %% 10.0
Spandana Sphoorty Financial Ltd 7,079 Cr. 9951,243/47015.3 4620.00 %5.97 %0.41 % 10.0
Consolidated Finvest & Holdings Ltd 871 Cr. 269347/93.62.61 2430.00 %66.0 %50.2 % 10.0
3P Land Holdings Ltd 61.7 Cr. 34.340.1/18.135.9 47.30.00 %3.07 %2.32 % 2.00
Industry Average224.98 Cr295.2510.96191.420%15.92%10.77%6.8

TCI Finance Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1.741.77-0.980.600.970.012.950.000.000.000.000.230.42
Expenses0.430.318.790.150.260.1534.830.190.300.230.240.320.26
Operating Profit1.311.46-9.770.450.71-0.14-31.88-0.19-0.30-0.23-0.24-0.090.16
OPM %75.29%82.49%75.00%73.20%-1,400.00%-1,080.68%-39.13%38.10%
Other Income0.000.000.000.000.020.000.070.000.000.000.000.000.00
Interest0.610.530.420.390.370.390.380.370.380.620.160.190.14
Depreciation0.000.010.010.000.010.010.010.000.010.010.000.000.00
Profit before tax0.700.92-10.200.060.35-0.54-32.20-0.56-0.69-0.86-0.40-0.280.02
Tax %0.00%53.26%4.80%16.67%214.29%22.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit0.700.43-9.710.05-0.40-0.42-32.20-0.56-0.69-0.86-0.40-0.280.02
EPS in Rs0.540.33-7.540.04-0.31-0.33-25.01-0.44-0.54-0.67-0.31-0.220.02

TCI Finance Ltd Quarterly Chart

TCI Finance Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales10.169.4515.5713.4111.2612.3611.7510.294.234.254.530.000.65
Expenses0.930.871.130.601.111.231.101.8952.589.7535.400.961.05
Operating Profit9.238.5814.4412.8110.1511.1310.658.40-48.35-5.50-30.87-0.96-0.40
OPM %90.85%90.79%92.74%95.53%90.14%90.05%90.64%81.63%-1,143.03%-129.41%-681.46%-61.54%
Other Income2.060.560.480.320.211.730.031.190.000.000.090.000.00
Interest10.788.507.894.948.048.568.606.073.922.241.531.531.11
Depreciation0.010.010.010.010.030.030.020.020.020.030.020.020.01
Profit before tax0.500.637.028.182.294.272.063.50-52.29-7.77-32.33-2.51-1.52
Tax %22.00%-3.17%20.37%17.11%13.54%15.69%18.45%29.43%-0.06%0.00%-1.98%0.00%
Net Profit0.390.645.596.781.983.601.692.47-52.32-7.77-32.97-2.51-1.52
EPS in Rs0.300.504.345.271.542.801.311.92-40.64-6.04-25.61-1.95-1.18
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

TCI Finance Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)64.10%773.44%21.29%-70.80%81.82%-53.06%46.15%-2218.22%85.15%-324.32%92.39%
Change in YoY Net Profit Growth (%)0.00%709.33%-752.15%-92.08%152.61%-134.87%99.21%-2264.37%2303.37%-409.47%416.71%

Abirami Financial Services (India) Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-78%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:25%
TTM:99%
Stock Price CAGR
10 Years:-13%
5 Years:-17%
3 Years:-2%
1 Year:72%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

TCI Finance Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital14.2014.2014.2014.2014.2014.2014.2014.2014.2014.2014.2014.2014.20
Reserves12.9013.5419.1325.9027.8931.4933.1823.32-57.27-44.06-60.94-77.05-67.00
Borrowings56.0053.2524.2352.1159.0154.0149.8734.2627.4925.3522.8211.4911.10
Other Liabilities1.732.080.670.580.922.063.1168.1085.3387.9686.8697.5397.18
Total Liabilities84.8383.0758.2392.79102.02101.76100.36139.8869.7583.4562.9446.1755.48
Fixed Assets2.012.000.670.790.730.540.521.281.291.271.251.241.24
CWIP-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00
Investments29.3329.3349.3749.5349.4949.5149.47101.0023.5547.2542.8426.0935.34
Other Assets53.4951.748.1942.4751.8051.7150.3737.6044.9134.9318.8518.8418.90
Total Assets84.8383.0758.2392.79102.02101.76100.36139.8869.7583.4562.9446.1755.48

TCI Finance Ltd Reserves and Borrowings Chart

Abirami Financial Services (India) Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4.191.2738.17-28.04-12.643.163.2514.41-22.871.69-22.609.80
Cash from Investing Activity 10.021.48-8.944.261.511.930.883.1925.430.3825.151.50
Cash from Financing Activity -14.50-2.75-29.0227.886.89-4.99-4.14-17.71-2.52-2.14-2.53-11.33
Net Cash Flow-0.290.000.214.11-4.240.10-0.02-0.110.04-0.070.02-0.02

TCI Finance Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days0.000.000.000.000.000.000.000.000.000.000.00
Inventory Days
Days Payable
Cash Conversion Cycle0.000.000.000.000.000.000.000.000.000.000.00
Working Capital Days-105.26-154.11104.551,010.351,587.721,410.091,392.90-2,119.41-7,099.81-7,143.69-5,226.03
ROCE %11.38%11.12%21.52%17.44%10.50%11.84%10.83%10.26%-172.14%

TCI Finance Ltd Financial Efficiency Indicators Chart

TCI Finance Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters24.72%24.72%24.72%24.30%24.72%24.72%24.72%24.72%24.72%24.72%24.72%24.72%
Public75.28%75.28%75.28%75.70%75.28%75.28%75.28%75.28%75.27%75.28%75.27%75.27%
No. of Shareholders9,0309,0249,0259,1179,5459,5619,5299,5229,4979,4529,4129,587

TCI Finance Ltd Shareholding Pattern Chart

No. of TCI Finance Ltd Shareholders

This stock is not held by any mutual fund

TCI Finance Ltd ROCE Trend

TCI Finance Ltd EPS Trend

TCI Finance Ltd Key Financial Ratios

MonthMar 19Mar 18Mar 17Mar 16Mar 15
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.841.302.831.505.30
Diluted EPS (Rs.)3.841.302.831.505.30
Cash EPS (Rs.)3.501.212.611.424.84
Book Value[Excl.RevalReserv]/Share (Rs.)36.3832.8731.6929.1327.76
Book Value[Incl.RevalReserv]/Share (Rs.)36.3832.8731.6929.1327.76
Revenue From Operations / Share (Rs.)8.719.169.628.9110.16
PBDIT / Share (Rs.)8.517.539.117.299.30
PBIT / Share (Rs.)8.487.509.067.249.26
PBT / Share (Rs.)4.211.443.041.585.79
Net Profit / Share (Rs.)3.481.182.561.364.80
NP After MI And SOA / Share (Rs.)3.481.182.561.364.80
PBDIT Margin (%)97.7182.1894.6081.8891.50
PBIT Margin (%)97.4581.8594.1581.3091.20
PBT Margin (%)48.3615.7431.5317.7156.96
Net Profit Margin (%)39.9712.8626.6515.3247.29
NP After MI And SOA Margin (%)39.9712.8626.6515.3247.29
Return on Networth / Equity (%)9.563.588.094.6817.30
Return on Capital Employeed (%)18.1716.8519.7716.5021.51
Return On Assets (%)5.681.673.591.907.38
Long Term Debt / Equity (X)0.280.350.440.500.54
Total Debt / Equity (X)0.571.041.181.411.31
Asset Turnover Ratio (%)0.080.110.120.110.17
Current Ratio (X)1.761.361.421.311.38
Quick Ratio (X)1.761.361.421.311.38
Interest Coverage Ratio (X)1.991.241.511.292.67
Interest Coverage Ratio (Post Tax) (X)1.811.191.431.242.38
Enterprise Value (Cr.)50.8583.4188.1885.5994.03
EV / Net Operating Revenue (X)4.116.416.456.776.52
EV / EBITDA (X)4.217.806.828.277.12
MarketCap / Net Operating Revenue (X)1.722.712.602.183.27
Price / BV (X)0.410.750.780.661.20
Price / Net Operating Revenue (X)1.722.712.602.183.27
EarningsYield0.230.040.100.070.14

TCI Finance Ltd Profitability Ratios (%)

TCI Finance Ltd Liquidity Ratios

TCI Finance Ltd Liquidity Ratios (%)

TCI Finance Ltd Interest Coverage Ratios (X)

TCI Finance Ltd Valuation Ratios

Fair Value / Intrinsic Value of TCI Finance Ltd

Fair Value: ₹94.10

The stock is undervalued by 1,580.27% compared to the current price ₹5.6

*Investments are subject to market risks

Strength and Weakness of TCI Finance Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of -14.32, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of 0.00, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of 8.31 and average Dividend Yield of 89.19%.
  2. The stock has a low average ROCE of -5.60%, which may not be favorable.
  3. The company has higher borrowings (37.00) compared to reserves (-9.15), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (8.30) and profit (-5.23).

Should I Buy Abirami Financial Services (India) Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in TCI Finance Ltd:
    1. Net Profit Margin: 39.97%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 18.17% (Industry Average ROCE: 13.49%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.81
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.76
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 67.92)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.57
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in TCI Finance Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE