SMIFS Capital Markets Ltd
Incorporated in 2000, SMIFS Capital Markets Ltd is engaged mainly in merchant banking and trading in government securities and shares[1]
- Market Cap ₹ 36.5 Cr.
- Current Price ₹ 65.3
- High / Low ₹ 87.0 / 34.9
- Stock P/E 18.0
- Book Value ₹ 221
- Dividend Yield 0.00 %
- ROCE 0.63 %
- ROE 0.44 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.30 times its book value
- Promoter holding has increased by 4.84% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.43% over past five years.
- Company has a low return on equity of 0.33% over last 3 years.
- Earnings include an other income of Rs.6.53 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 31 | 28 | 34 | 40 | 46 | 53 | 49 | 49 | 71 | 70 | 57 | 237 | |
24 | 30 | 45 | 33 | 39 | 45 | 52 | 48 | 48 | 70 | 69 | 57 | 241 | |
Operating Profit | 5 | 1 | -17 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | -3 |
OPM % | 17% | 3% | -61% | 4% | 4% | 3% | 3% | 3% | 1% | 2% | 1% | 1% | -1% |
1 | 1 | 18 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 7 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
Profit before tax | 5 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 3 | 2 | 1 | 3 |
Tax % | 25% | 26% | 81% | 4% | 22% | 11% | -222% | 27% | 53% | 91% | 3% | 30% | |
4 | 1 | 0 | 1 | 1 | 1 | 2 | 0 | 0 | 0 | 2 | 1 | 2 | |
EPS in Rs | 7.13 | 1.75 | 0.11 | 1.54 | 1.52 | 1.31 | 4.44 | 0.84 | 0.13 | 0.50 | 3.62 | 0.91 | 3.63 |
Dividend Payout % | 20% | 80% | 932% | 65% | 49% | 77% | 23% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 1% |
3 Years: | 5% |
TTM: | 324% |
Compounded Profit Growth | |
---|---|
10 Years: | -10% |
5 Years: | -27% |
3 Years: | 117% |
TTM: | 383% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 22% |
1 Year: | 69% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 100 | 100 | 99 | 99 | 99 | 100 | 105 | 104 | 96 | 98 | 110 | 112 | 118 |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
4 | 5 | 3 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 7 | 3 | 4 | |
Total Liabilities | 110 | 111 | 108 | 107 | 106 | 106 | 112 | 110 | 104 | 106 | 123 | 120 | 127 |
10 | 10 | 9 | 8 | 8 | 8 | 7 | 7 | 6 | 5 | 4 | 3 | 3 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 16 | 7 | 11 | 10 | 19 | 34 | 35 | 30 | 21 | 73 | 81 | 82 | 87 |
84 | 94 | 88 | 88 | 79 | 65 | 70 | 74 | 76 | 29 | 38 | 35 | 36 | |
Total Assets | 110 | 111 | 108 | 107 | 106 | 106 | 112 | 110 | 104 | 106 | 123 | 120 | 127 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5 | -8 | 2 | -0 | 7 | 17 | -19 | -9 | -3 | 45 | -4 | -7 | |
7 | 11 | -3 | 2 | -7 | -3 | 5 | 9 | 3 | -45 | 8 | 3 | |
-1 | -1 | -1 | -1 | -1 | -0 | -0 | -1 | -0 | -0 | -0 | -0 | |
Net Cash Flow | 0 | 2 | -2 | 1 | -1 | 14 | -14 | -1 | -0 | 1 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 3 | 24 | 66 | 26 | 36 | 7 | 1 | 0 | 1 | 1 | 2 | 1 |
Inventory Days | 498 | 259 | 136 | 130 | 37 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Payable | 6 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 25 | 0 |
Cash Conversion Cycle | 495 | 282 | 201 | 156 | 73 | 8 | 1 | 1 | 1 | -1 | -22 | 1 |
Working Capital Days | 381 | 252 | 255 | 167 | 71 | 282 | 354 | 16 | 9 | 6 | -4 | 24 |
ROCE % | 5% | 1% | -7% | 1% | 1% | 1% | 1% | 1% | 0% | 1% | 0% | 1% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 25 Apr
- Certificate Under Sub-Regulation (9) Of Regulation 40 Of The SEBI (LODR) Regulations, 2015 For Year Ended March 31, 2024 9 Apr
- Revised Proceedings Of 40Th AGM Held On September 09, 2023. 6 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - The details of securities dematerialized in the aforesaid period as required under Reg 74(5) of SEBI DP Regulations, 2018 have been furnished to all stock …
- Certificate Under Regulation 7 Of SEBI (LODR) Regulations, 2015 For Year Ended March 31, 2024. 5 Apr
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]
Company is a SEBI registered Category– I Merchant Banker and Underwriter with expertise in corporate finance, merchant banking, corporate advisory services, treasury management, project finance and underwriting. Company also works as Lead Manager / Co-Manager / Advisor to issues, Manager to Open Offers and Buy Back Offer