Elcid Investments Ltd

Elcid Investments Ltd

₹ 3.37 4.98%
10 Nov 2023
About

Elcid Investments is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) under the category of Investment Company.

Key Points

Shareholding in Asian Paints
The company holds 2.95% stake in Asian Paints Ltd.[1]
It also has 2 wholly owned subsidiaries viz. Murahar Investments & Trading Co Ltd and Suptaswar Investments & Trading Co Ltd[2] which holds 0.60% and 0.68% in Asian Paints respectively.[1]
It holds ~4.2% stake in the company which has a total value of ~12,664 crores as on December 2022.[3]

  • Market Cap 0.07 Cr.
  • Current Price 3.37
  • High / Low 3.37 / 3.21
  • Stock P/E 0.00
  • Book Value 4,46,268
  • Dividend Yield 742 %
  • ROCE 0.84 %
  • ROE 0.60 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.00 times its book value
  • Stock is providing a good dividend yield of 742%.
  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 0.77% over last 3 years.
  • Dividend payout has been low at 0.68% of profits 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
32 6 57 13 17 2 44 17 20 3 83 15 39
0 0 1 1 1 1 11 1 1 1 0 1 0
Operating Profit 31 6 56 12 16 1 33 16 19 2 82 15 38
OPM % 99% 95% 99% 95% 96% 69% 75% 92% 93% 57% 99% 96% 99%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 31 6 56 12 16 1 33 16 18 2 82 15 38
Tax % 26% 23% 24% 23% 27% -18% 31% 25% 21% 61% 24% 25% 22%
23 4 43 9 12 1 23 12 15 1 63 11 30
EPS in Rs 1,163.00 213.00 2,130.00 454.00 586.00 70.00 1,144.50 582.50 731.00 33.50 3,126.50 567.50 1,489.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
11 13 17 21 21 26 32 43 55 73 88 74 140
0 0 0 0 1 1 1 2 1 1 2 5 3
Operating Profit 10 13 16 20 21 25 32 41 54 72 85 69 137
OPM % 98% 98% 99% 99% 97% 97% 98% 96% 99% 99% 97% 93% 98%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 10 13 16 20 20 25 32 41 54 72 85 69 137
Tax % 1% 1% 3% 2% 1% 2% 1% 8% -1% 24% 24% 29%
10 13 16 20 20 24 31 38 55 55 65 49 104
EPS in Rs 514.50 638.50 794.00 1,001.00 1,013.00 1,209.50 1,572.50 1,877.50 2,729.50 2,744.50 3,240.50 2,442.50 5,216.50
Dividend Payout % 2% 2% 1% 1% 1% 1% 1% 1% 1% 1% 0% 1%
Compounded Sales Growth
10 Years: 19%
5 Years: 18%
3 Years: 11%
TTM: 69%
Compounded Profit Growth
10 Years: 14%
5 Years: 9%
3 Years: -4%
TTM: 106%
Stock Price CAGR
10 Years: %
5 Years: -11%
3 Years: -39%
1 Year: %
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 0 0 0 0 0 0 0 0 0 0 0 0 0
Reserves 54 66 82 102 122 146 177 3,563 4,846 7,084 8,587 7,793 8,925
0 0 0 0 0 0 0 0 0 0 0 0 0
1 1 0 0 0 0 0 923 188 483 592 526 610
Total Liabilities 55 67 83 102 122 146 177 4,487 5,034 7,567 9,180 8,319 9,536
0 0 0 0 1 1 1 1 1 15 15 15 17
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 49 60 80 100 119 143 174 4,485 5,029 7,544 9,165 8,295 9,517
5 7 3 2 1 2 2 1 4 9 1 9 2
Total Assets 55 67 83 102 122 146 177 4,487 5,034 7,567 9,180 8,319 9,536

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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 -4 4 -1 -0 0 -1 -1 -1 10 43 25
-1 3 -4 1 0 0 1 1 5 -5 -50 -17
-0 -0 -0 -0 -0 0 -0 -0 -0 -0 -0 -0
Net Cash Flow -0 -1 -0 -0 -0 0 -0 -0 3 5 -8 9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days 0 -7 -7 -5 1 -5 -4 1 1 -13 -41 -39
ROCE % 21% 21% 22% 22% 18% 18% 20% 2% 1% 1% 1% 1%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
25.03% 25.03% 25.00% 25.01% 25.01% 25.01% 25.00% 25.00% 25.01% 25.00% 25.01% 24.99%
No. of Shareholders 257270281276281285283286292299301307

Documents