Algoquant Fintech Ltd
Incorporated in 1962, Algoquant Fintech Limited is engaged in the trading of metals and trading in financial instruments. The Company is a wholly-owned subsidiary of Mandela Investment Private Limited. [1]
- Market Cap ₹ 972 Cr.
- Current Price ₹ 1,210
- High / Low ₹ 1,620 / 529
- Stock P/E
- Book Value ₹ 43.8
- Dividend Yield 0.00 %
- ROCE -9.93 %
- ROE -8.64 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 27.6 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.56% over last 3 years.
- Promoters have pledged 36.0% of their holding.
- Earnings include an other income of Rs.0.47 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
42.00 | 36.01 | 41.06 | 43.29 | 26.89 | 6.69 | 0.00 | 0.13 | 0.00 | 3.24 | 16.39 | 12.84 | 43.18 | |
40.52 | 36.02 | 37.89 | 42.36 | 31.57 | 19.85 | 0.00 | 1.61 | 5.02 | 2.46 | 13.19 | 18.37 | 42.90 | |
Operating Profit | 1.48 | -0.01 | 3.17 | 0.93 | -4.68 | -13.16 | 0.00 | -1.48 | -5.02 | 0.78 | 3.20 | -5.53 | 0.28 |
OPM % | 3.52% | -0.03% | 7.72% | 2.15% | -17.40% | -196.71% | -1,138.46% | 24.07% | 19.52% | -43.07% | 0.65% | ||
0.02 | 0.17 | -0.48 | -0.02 | 0.87 | 0.93 | 51.77 | 0.49 | 1.54 | 3.74 | 0.90 | 0.38 | 0.47 | |
Interest | 1.49 | 1.56 | 1.49 | 1.67 | 1.53 | 1.32 | 0.00 | 0.00 | 0.19 | 0.12 | 0.70 | 1.60 | 4.54 |
Depreciation | 0.66 | 0.65 | 0.62 | 0.60 | 0.60 | 0.59 | 0.00 | 0.04 | 0.21 | 0.00 | 0.04 | 0.22 | 0.84 |
Profit before tax | -0.65 | -2.05 | 0.58 | -1.36 | -5.94 | -14.14 | 51.77 | -1.03 | -3.88 | 4.40 | 3.36 | -6.97 | -4.63 |
Tax % | -3.08% | -7.80% | -25.86% | -5.88% | -7.91% | -1.27% | 0.00% | 0.00% | -277.06% | 15.23% | -2.38% | 51.08% | |
-0.66 | -2.20 | 0.72 | -1.44 | -6.40 | -14.31 | 51.77 | -1.03 | -14.63 | 3.73 | 3.43 | -3.42 | -1.56 | |
EPS in Rs | -0.82 | -2.75 | 0.90 | -1.80 | -8.00 | -17.89 | 64.71 | -1.29 | -18.29 | 4.66 | 4.27 | -4.26 | -1.94 |
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% |
Compounded Sales Growth | |
---|---|
10 Years: | -10% |
5 Years: | % |
3 Years: | % |
TTM: | 142% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | % |
3 Years: | 22% |
TTM: | -126% |
Stock Price CAGR | |
---|---|
10 Years: | 63% |
5 Years: | 149% |
3 Years: | 214% |
1 Year: | 101% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -10% |
3 Years: | 4% |
Last Year: | -9% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 | 1.61 |
Reserves | 2.46 | 0.26 | 0.98 | -0.47 | -6.87 | -21.18 | 30.44 | 29.41 | 14.78 | 18.51 | 31.93 | 32.68 | 33.61 |
14.00 | 18.03 | 16.67 | 15.74 | 14.82 | 11.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.47 | 24.52 | |
12.99 | 10.98 | 12.45 | 12.31 | 13.91 | 16.14 | 9.98 | 1.34 | 3.51 | 5.20 | 9.05 | 7.08 | 7.06 | |
Total Liabilities | 31.06 | 30.88 | 31.71 | 29.19 | 23.47 | 8.08 | 42.03 | 32.36 | 19.90 | 25.32 | 42.59 | 71.84 | 66.80 |
6.68 | 6.79 | 6.75 | 6.43 | 6.55 | 5.67 | 1.32 | 1.16 | 0.00 | 0.00 | 1.14 | 1.73 | 4.34 | |
CWIP | 0.04 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.14 | 26.72 | 19.99 | 18.40 | 5.19 | 33.38 | 18.16 | 8.34 |
24.27 | 24.02 | 24.89 | 22.69 | 16.84 | 2.27 | 13.99 | 11.21 | 1.50 | 20.13 | 8.07 | 51.95 | 54.12 | |
Total Assets | 31.06 | 30.88 | 31.71 | 29.19 | 23.47 | 8.08 | 42.03 | 32.36 | 19.90 | 25.32 | 42.59 | 71.84 | 66.80 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.17 | -2.05 | 3.58 | 2.83 | 2.06 | 3.75 | -21.38 | -8.15 | -1.98 | -17.89 | 20.19 | -37.20 | |
-0.75 | -0.70 | -0.64 | -0.37 | -0.70 | 1.19 | 34.04 | 8.28 | 2.80 | 17.12 | -18.05 | 9.36 | |
12.58 | 2.68 | -2.67 | -2.42 | -1.78 | -4.99 | -12.03 | -0.65 | 0.00 | -0.12 | -0.64 | 29.17 | |
Net Cash Flow | 14.00 | -0.07 | 0.27 | 0.03 | -0.42 | -0.05 | 0.64 | -0.52 | 0.82 | -0.88 | 1.49 | 1.32 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50.58 | 53.32 | 44.09 | 43.68 | 43.03 | 22.91 | 0.00 | 93.50 | 0.00 | 0.00 | ||
Inventory Days | 313.08 | 417.22 | 346.56 | 284.59 | 369.28 | 53.89 | 0.00 | |||||
Days Payable | 154.37 | 157.15 | 161.55 | 141.51 | 237.72 | 324.99 | ||||||
Cash Conversion Cycle | 209.29 | 313.38 | 229.11 | 186.76 | 174.59 | -248.18 | 0.00 | 93.50 | 0.00 | 0.00 | ||
Working Capital Days | 100.98 | 137.95 | 111.74 | 88.78 | 40.45 | -799.84 | -3,453.46 | 1,617.72 | -52.11 | 1,069.70 | ||
ROCE % | 5.43% | -2.05% | 13.94% | 2.27% | -33.21% | -1,804.00% | 431.60% | -3.27% | -15.27% | 16.87% | 14.42% | -9.93% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
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Compliance Certificate For The Year Ended 31 March, 2024.
30 Apr - Compliance Certificate under Regulation 40(9) & 40 (10) of SEBI (LODR) Regulations, 2015 for the year ended 31 March, 2024.
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Compliance Certificate For The Year Ended 31 March, 2024.
30 Apr - Compliance Certificate under Regulation 7(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the year ended 31 March, 2024.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
20 Apr - Notices of Equity Shareholder, Secured and Unsecured Meeting of Algoquant Fintech Limited Scheme of Arrangement
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
18 Apr - Notices of Equity Shareholders , Secured Creditors and unsecured Creditors Meeting of Algoquant Fintech Limited Scheme of Arrangement
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Activities
The Co. trades in metals and manufactures hand tools such as spanners, wrenches, and screwdrivers. However, due to unfavourable business environment and to safeguard against losses the management did not engage into trading in metals during FY21.
After the change in management pursuant to indirect acquisition via Share Purchase Agreement dated October 24, 2021, the new Management engaged in the business of trading in financial instruments w.e.f. 10th February, 2021. [1] [2]