Nalin Lease Finance Ltd
Incorporated in 1990, Nalin Lease Finance Ltd is a fund based financial services company based in Gujarat[1]
- Market Cap ₹ 28.9 Cr.
- Current Price ₹ 44.1
- High / Low ₹ 72.5 / 31.0
- Stock P/E 8.29
- Book Value ₹ 45.0
- Dividend Yield 0.00 %
- ROCE 15.2 %
- ROE 11.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.98 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.9% over past five years.
- Company has a low return on equity of 11.5% over last 3 years.
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3.16 | 3.52 | 3.16 | 2.98 | 2.41 | 2.73 | 3.54 | 4.49 | 5.07 | 4.89 | 5.62 | 5.95 | 6.36 | |
2.05 | 2.19 | 1.92 | 1.74 | 1.21 | 1.13 | 1.19 | 1.12 | 1.65 | 1.35 | 1.90 | 1.68 | 1.94 | |
Operating Profit | 1.11 | 1.33 | 1.24 | 1.24 | 1.20 | 1.60 | 2.35 | 3.37 | 3.42 | 3.54 | 3.72 | 4.27 | 4.42 |
OPM % | 35.13% | 37.78% | 39.24% | 41.61% | 49.79% | 58.61% | 66.38% | 75.06% | 67.46% | 72.39% | 66.19% | 71.76% | 69.50% |
0.10 | 0.02 | -0.03 | 0.00 | 0.02 | 0.00 | -0.01 | 0.00 | 0.21 | -0.01 | -0.01 | -0.05 | 0.90 | |
Interest | 0.38 | 0.39 | 0.23 | 0.04 | 0.03 | 0.15 | 0.86 | 0.94 | 0.75 | 0.09 | 0.10 | 0.08 | 0.29 |
Depreciation | 0.04 | 0.04 | 0.04 | 0.15 | 0.09 | 0.09 | 0.06 | 0.07 | 0.11 | 0.13 | 0.10 | 0.15 | 0.16 |
Profit before tax | 0.79 | 0.92 | 0.94 | 1.05 | 1.10 | 1.36 | 1.42 | 2.36 | 2.77 | 3.31 | 3.51 | 3.99 | 4.87 |
Tax % | 32.91% | 30.43% | 29.79% | 28.57% | 35.45% | 32.35% | 28.17% | 27.12% | 28.16% | 23.87% | 25.93% | 25.31% | |
0.53 | 0.64 | 0.65 | 0.75 | 0.71 | 0.93 | 1.01 | 1.72 | 1.99 | 2.52 | 2.60 | 2.99 | 3.49 | |
EPS in Rs | 1.62 | 1.96 | 1.99 | 2.30 | 2.18 | 2.85 | 3.10 | 5.27 | 3.03 | 3.84 | 3.96 | 4.56 | 5.32 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.02% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 11% |
3 Years: | 5% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 24% |
3 Years: | 18% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 29% |
3 Years: | 27% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 12% |
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 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 |
Reserves | 2.94 | 3.60 | 4.27 | 5.04 | 5.77 | 6.58 | 7.60 | 11.35 | 13.34 | 15.86 | 18.13 | 21.13 | 22.93 |
4.32 | 3.51 | 0.39 | 2.43 | 1.01 | 3.76 | 7.38 | 6.14 | 4.38 | 0.16 | 0.45 | 1.55 | 4.42 | |
0.30 | 0.33 | 0.32 | 0.33 | 0.44 | 0.22 | 0.29 | 0.41 | 0.83 | 0.93 | 0.95 | 1.08 | 0.76 | |
Total Liabilities | 10.82 | 10.70 | 8.24 | 11.06 | 10.48 | 13.82 | 18.53 | 24.46 | 25.11 | 23.51 | 26.09 | 30.32 | 34.67 |
0.28 | 0.29 | 0.36 | 0.54 | 0.46 | 0.39 | 0.28 | 0.48 | 0.34 | 0.24 | 0.52 | 0.97 | 1.03 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 |
Investments | 0.67 | 0.68 | 0.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.77 | 1.02 | 4.57 | 8.21 |
9.87 | 9.73 | 7.15 | 10.52 | 10.02 | 13.43 | 18.25 | 23.98 | 24.77 | 22.50 | 24.55 | 24.69 | 25.43 | |
Total Assets | 10.82 | 10.70 | 8.24 | 11.06 | 10.48 | 13.82 | 18.53 | 24.46 | 25.11 | 23.51 | 26.09 | 30.32 | 34.67 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.06 | 0.90 | 2.76 | -0.29 | -0.41 | -3.54 | -4.00 | 1.20 | 4.03 | 2.09 | 0.78 | 3.65 | |
-0.09 | -0.14 | -0.59 | 0.40 | -0.01 | 0.03 | 0.04 | 0.04 | 0.49 | -0.82 | -0.56 | -4.27 | |
0.04 | -0.81 | -3.12 | 2.04 | -1.42 | 2.75 | 3.63 | -1.24 | -1.77 | -4.21 | -0.03 | 1.09 | |
Net Cash Flow | 1.01 | -0.05 | -0.95 | 2.15 | -1.84 | -0.76 | -0.33 | 0.00 | 2.76 | -2.94 | 0.18 | 0.48 |
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 | 889.40 | 783.92 | 680.33 | 875.76 | 1,284.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 889.40 | 783.92 | 680.33 | 875.76 | 1,284.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | 888.24 | 784.96 | 686.11 | 876.98 | 1,269.17 | 1,278.17 | 1,427.01 | -17.07 | -12.24 | -2.99 | -2.60 | 8.59 |
ROCE % | 11.53% | 12.54% | 13.12% | 11.69% | 10.88% | 12.77% | 14.38% | 15.61% | 13.70% | 14.55% | 15.17% | 15.15% |
Documents
Announcements
- Board Meeting Intimation for Meeting To Be Held On 01St May, 2024. 25 Apr
- Regulation 40(9) Of The SEBI (LODR) Regulation, 2015,For The Year Ended On 31St March, 2024. 24 Apr
-
Compliances-Compliance Certificate For The Period Ended March 31, 2024
19 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR), 2015 for the financial year ended 31.03.2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations,2018.
- Closure of Trading Window 30 Mar
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 Overview:[1][2]
Company is Non-Systemically Important Non-Deposit taking non-banking financing company registered with RBI. It offers loans against gold jewelry to small businessmen, vendors, traders, farmers, and salaried people. At present, it is serving over 3074 customers across rural and semi-urban business segments in Gujarat