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 ₹ 1,072 Cr.
- Current Price ₹ 1,334
- High / Low ₹ 1,620 / 496
- 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 30.4 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 31.8% 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: | 66% |
5 Years: | 164% |
3 Years: | 261% |
1 Year: | 156% |
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
- Closure of Trading Window 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Of Newspaper Advertisement of Financial Results for the Quarter and Nine months ended December 31, 2023.
- Board Meeting Outcome for Outcome Of Board Meeting February 12, 2024 12 Feb
- Board Meeting Intimation for Intimation Of Board Meeting For Declaration Of Unaudited Financial Results For The Quarter And Nine Months Period Ended December 31, 2023 6 Feb
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 16 Jan
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]