Aditya Birla Money Ltd

Aditya Birla Money Ltd

₹ 130 0.62%
26 Apr - close price
About

Aditya Birla Money Limited, a subsidiary of Aditya Birla Capital Limited, is engaged in offering equity and derivatives broking services as well as Portfolio Management Services [1]

Key Points

Services
The company's offerings include Equity and Derivatives trading through NSE and BSE, Currency derivatives on MCX-SX, and Commodities Trading through MCX and NCDEX. It is registered as a Depository Participant with both NSDL and CDSL. It also provides Portfolio Management Services and is involved in trading in securities. [1]

  • Market Cap 736 Cr.
  • Current Price 130
  • High / Low 148 / 48.5
  • Stock P/E 13.9
  • Book Value 28.8
  • Dividend Yield 0.00 %
  • ROCE 12.5 %
  • ROE 39.0 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 39.7% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.2%

Cons

  • Stock is trading at 4.52 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
49 53 58 60 60 62 68 67 66 78 96 101 114
38 38 42 43 42 45 45 43 43 46 57 58 65
Operating Profit 11 14 16 17 18 17 23 23 23 32 39 44 49
OPM % 23% 27% 28% 28% 30% 27% 34% 35% 35% 41% 40% 43% 43%
1 1 0 0 1 5 3 4 4 1 1 1 2
Interest 5 5 6 7 8 9 11 14 16 19 21 24 29
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 5 8 9 9 10 11 14 12 10 13 17 19 20
Tax % 30% 29% 29% 29% 20% 28% 29% 27% 25% 28% 29% 19% 19%
4 6 6 6 8 8 10 9 7 9 12 15 16
EPS in Rs 0.66 1.00 1.14 1.15 1.35 1.44 1.72 1.55 1.31 1.67 2.11 2.68 2.91
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
71 69 118 117 125 162 172 171 192 233 267 390
71 69 103 105 109 141 124 122 140 164 175 226
Operating Profit 0 1 15 12 16 22 48 49 52 70 92 165
OPM % 1% 1% 13% 10% 13% 13% 28% 29% 27% 30% 35% 42%
-1 0 0 1 0 2 0 3 1 0 12 5
Interest 5 3 3 7 6 12 32 29 24 28 51 92
Depreciation 8 6 6 4 3 2 2 6 7 7 7 8
Profit before tax -13 -8 7 2 7 10 14 16 22 36 47 69
Tax % 0% 0% -4% 36% 12% 28% 29% 27% 30% 27% 27% 23%
-13 -8 7 1 6 7 10 12 16 26 34 53
EPS in Rs -2.29 -1.48 1.28 0.22 1.11 1.30 1.77 2.13 2.80 4.64 6.01 9.37
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 18%
3 Years: 27%
TTM: 46%
Compounded Profit Growth
10 Years: 25%
5 Years: 40%
3 Years: 50%
TTM: 56%
Stock Price CAGR
10 Years: 25%
5 Years: 21%
3 Years: 47%
1 Year: 153%
Return on Equity
10 Years: 36%
5 Years: 40%
3 Years: 39%
Last Year: 39%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 22 22 20 22 28 5 16 26 42 69 104 157
Preference Capital 8 10 10 10 10 44 0 0 0 0 0
51 10 69 75 35 222 417 244 397 739 900 1,399
81 159 117 135 197 306 255 273 439 454 355 555
Total Liabilities 159 196 212 237 265 539 694 548 883 1,267 1,363 2,116
27 21 8 7 7 6 7 26 24 24 31 36
CWIP 0 0 0 0 0 1 1 0 1 0 1 0
Investments 2 5 5 6 6 24 281 0 0 436 404 430
130 171 200 224 252 508 405 522 859 806 928 1,650
Total Assets 159 196 212 237 265 539 694 548 883 1,267 1,363 2,116

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
9 21 -22 -23 51 -169 -147 257 -155 -284 -77 -444
-18 17 -33 21 -2 -23 24 1 0 0 -4 -4
-4 -33 57 -1 -46 182 122 -226 127 311 106 402
Net Cash Flow -13 5 3 -3 3 -10 -1 32 -28 27 26 -45

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 259 467 282 417 433 300 240 138 292 71 25 57
Inventory Days
Days Payable
Cash Conversion Cycle 259 467 282 417 433 300 240 138 292 71 25 57
Working Capital Days 12 -123 25 105 -46 65 -249 -193 13 -564 -384 -391
ROCE % -7% -7% 13% 9% 14% 12% 13% 13% 13% 10% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.80% 73.70% 73.70% 73.70% 73.70% 73.70% 73.60% 73.60% 73.53% 73.53% 73.53% 73.53%
0.00% 0.01% 0.19% 0.15% 0.00% 0.11% 0.06% 0.00% 0.10% 0.07% 0.00% 0.03%
26.20% 26.29% 26.11% 26.15% 26.30% 26.19% 26.34% 26.40% 26.37% 26.39% 26.48% 26.45%
No. of Shareholders 37,69839,77739,98244,39844,49643,64443,09442,86042,69441,56541,32942,819

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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