Banas Finance Ltd
Banas Finance is engaged in finance, Share Trading, Investments, Consultancy and having interest in Realty business.
- Market Cap ₹ 89.4 Cr.
- Current Price ₹ 9.98
- High / Low ₹ 18.8 / 9.26
- Stock P/E 39.7
- Book Value ₹ 16.0
- Dividend Yield 0.00 %
- ROCE 21.2 %
- ROE 1.47 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.62 times its book value
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 143 days to 81.8 days
Cons
- Promoter holding is low: 26.6%
- Company has a low return on equity of 3.86% 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
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.25 | 5.62 | 7.46 | 8.09 | 9.54 | 4.27 | 13.86 | 8.89 | 14.45 | 100.59 | 20.18 | 66.64 | |
3.19 | 5.32 | 7.07 | 10.25 | 12.86 | 4.13 | 20.68 | 6.82 | 4.67 | 9.20 | 120.47 | 39.92 | |
Operating Profit | 0.06 | 0.30 | 0.39 | -2.16 | -3.32 | 0.14 | -6.82 | 2.07 | 9.78 | 91.39 | -100.29 | 26.72 |
OPM % | 1.85% | 5.34% | 5.23% | -26.70% | -34.80% | 3.28% | -49.21% | 23.28% | 67.68% | 90.85% | -496.98% | 40.10% |
0.00 | 0.01 | -0.01 | 0.00 | 0.02 | 0.01 | 0.00 | 0.00 | 0.02 | 0.36 | 0.70 | 7.00 | |
Interest | 0.00 | 0.22 | 0.77 | 1.01 | 1.84 | 0.01 | 0.42 | 0.51 | 0.25 | 0.11 | 0.10 | 0.09 |
Depreciation | 0.05 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.01 | 0.06 | -0.41 | -3.17 | -5.14 | 0.14 | -7.24 | 1.56 | 9.55 | 91.64 | -99.69 | 33.63 |
Tax % | 200.00% | 33.33% | 365.85% | 4.10% | 0.00% | 14.29% | -24.45% | 23.72% | -17.49% | 24.30% | -45.07% | 93.34% |
-0.01 | 0.03 | -1.91 | -3.30 | -5.14 | 0.12 | -5.47 | 1.20 | 11.22 | 69.37 | -54.76 | 2.25 | |
EPS in Rs | -0.00 | 0.01 | -0.43 | -0.74 | -1.15 | 0.03 | -1.22 | 0.27 | 1.12 | 6.90 | -5.70 | 0.23 |
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: | 28% |
5 Years: | 37% |
3 Years: | 66% |
TTM: | 230% |
Compounded Profit Growth | |
---|---|
10 Years: | 54% |
5 Years: | 19% |
3 Years: | -41% |
TTM: | 104% |
Stock Price CAGR | |
---|---|
10 Years: | -26% |
5 Years: | 21% |
3 Years: | 29% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 1% |
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 | 11.38 | 11.38 | 11.38 | 11.38 | 11.38 | 11.38 | 11.38 | 11.38 | 25.65 | 25.65 | 48.05 | 48.05 |
Reserves | 28.65 | 28.69 | 26.77 | 23.48 | 18.34 | 18.46 | 68.11 | 69.83 | 66.77 | 136.14 | 103.77 | 106.02 |
0.17 | 6.78 | 11.46 | 20.19 | 6.89 | 4.85 | 9.66 | 10.61 | 11.20 | 6.90 | 6.51 | 6.05 | |
0.03 | 0.09 | 0.08 | 2.92 | 3.86 | 3.94 | 0.45 | 0.15 | 0.08 | 19.69 | 0.34 | 5.58 | |
Total Liabilities | 40.23 | 46.94 | 49.69 | 57.97 | 40.47 | 38.63 | 89.60 | 91.97 | 103.70 | 188.38 | 158.67 | 165.70 |
0.09 | 0.06 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.55 | 15.28 | 20.64 | 44.44 | 138.43 | 88.45 | 110.12 |
40.14 | 46.88 | 49.67 | 57.95 | 40.45 | 37.06 | 74.29 | 71.30 | 59.23 | 49.92 | 70.20 | 55.56 | |
Total Assets | 40.23 | 46.94 | 49.69 | 57.97 | 40.47 | 38.63 | 89.60 | 91.97 | 103.70 | 188.38 | 158.67 | 165.70 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-19.58 | 0.00 | 2.68 | -0.52 | 1.86 | 3.72 | 4.17 | 5.91 | 9.02 | 19.69 | -0.83 | -5.51 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.48 | -0.73 | -3.50 | -15.34 | -5.58 | -49.19 | 7.62 | |
19.99 | -0.21 | -0.77 | -1.01 | -1.83 | -2.03 | -0.36 | 0.44 | 0.34 | -4.42 | 44.31 | -0.55 | |
Net Cash Flow | 0.41 | -0.21 | 1.92 | -1.53 | 0.03 | 0.20 | 3.08 | 2.85 | -5.98 | 9.70 | -5.70 | 1.57 |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | 589.12 | 524.42 | 235.17 | 535.33 | 117.08 | 0.00 | 9.49 | 22.46 | 0.00 | 0.00 | 0.00 | |
Days Payable | 2.56 | 4.33 | 0.00 | 0.00 | 0.00 | 18.97 | 19.65 | |||||
Cash Conversion Cycle | 586.56 | 520.09 | 235.17 | 535.33 | 117.08 | 0.00 | -9.49 | 2.81 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | 4,415.94 | 3,003.13 | 2,305.96 | 2,440.40 | 1,362.44 | -31.63 | 136.68 | 229.51 | 144.74 | 38.25 | 309.11 | 81.77 |
ROCE % | 0.03% | 0.64% | 0.77% | -4.13% | -7.20% | 0.42% | -11.01% | 2.29% | 10.03% | 67.39% | -60.91% | 21.18% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jul
- Closure of Trading Window 27 Jun
- Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011 24 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Jun
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2008
from bse
Overview and History[1]
The Company was incorporated as Pioneer Leasing Company Limited in 1983 and their name was changed to “M/s Banas Finance Limited” in 1986. In 1999 Company made an application to Reserve Bank of India for conversion into Non Banking Finance Company.
Currently, M/s. Banas Finance Limited is Non Banking Finance Company with the main object of purchase, leasing, factoring, financing of hire-purchase,lease of all kinds of plants and machineries, motor vehicles, motor boats, trawlers, launches,ships, vessels, helicopters, aircrafts, automobiles, computers or any other equipment. It provides finance to carry on business as investors and dealers in shares, stocks and securities, capitalists, financiers, concessionaires and to undertake, carry on and execute all kinds of financial, commercial and trading operations (except banking and insurance business).