Banas Finance Ltd
Incorporated in 1993, Banas Finance Ltd is in the business of finance and share trading[1]
- Market Cap ₹ 75.1 Cr.
- Current Price ₹ 8.38
- High / Low ₹ 13.0 / 6.40
- Stock P/E
- Book Value ₹ 20.1
- Dividend Yield 0.00 %
- ROCE 21.0 %
- ROE 2.85 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.42 times its book value
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 144 days to 85.5 days
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 26.6%
- Company has a low return on equity of 4.55% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
9 | 14 | 101 | 20 | 73 | 77 | |
7 | 5 | 9 | 120 | 40 | 82 | |
Operating Profit | 2 | 10 | 91 | -100 | 33 | -5 |
OPM % | 23% | 68% | 91% | -497% | 45% | -7% |
0 | 0 | 0 | 1 | 1 | 3 | |
Interest | 1 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 2 | 10 | 92 | -100 | 34 | -2 |
Tax % | 24% | -17% | 24% | -45% | 93% | |
1 | 12 | 69 | -54 | 4 | -30 | |
EPS in Rs | 0.27 | 1.16 | 6.88 | -5.58 | 0.46 | -3.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 72% |
TTM: | 64% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -28% |
TTM: | -160% |
Stock Price CAGR | |
---|---|
10 Years: | -11% |
5 Years: | 80% |
3 Years: | -29% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 11 | 26 | 26 | 48 | 48 | 90 |
Reserves | 70 | 67 | 136 | 104 | 108 | 90 |
11 | 11 | 7 | 7 | 6 | 4 | |
0 | 0 | 20 | 0 | 6 | 6 | |
Total Liabilities | 92 | 104 | 189 | 159 | 167 | 189 |
0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 21 | 45 | 139 | 89 | 112 | 109 |
71 | 59 | 50 | 70 | 56 | 81 | |
Total Assets | 92 | 104 | 189 | 159 | 167 | 189 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
6 | 9 | 20 | -1 | -6 | |
-4 | -15 | -6 | -49 | 8 | |
0 | 0 | -4 | 44 | -1 | |
Net Cash Flow | 3 | -6 | 10 | -6 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 |
Inventory Days | 22 | 0 | 0 | 0 | |
Days Payable | 20 | ||||
Cash Conversion Cycle | 3 | 0 | 0 | 0 | 0 |
Working Capital Days | 230 | 145 | 38 | 309 | 86 |
ROCE % | 10% | 67% | -61% | 21% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
19 May - Secretarial Compliance Report FY25 confirms satisfactory SEBI compliance; minor penalty for 1-day filing delay.
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Board Meeting Intimation for To Consider And Approve The Audited (Standalone And Consolidated) Financial Results Of The Company, For The Fourth Quarter And Financial Year Ended 31St March 2025 And Any Other Business With The Permission Of The Chairperson.
12 May - Board meeting on 30 May 2025 to approve FY25 audited financial results; trading window remains closed.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
29 Apr - Banas Finance confirms non-large corporate status; submits FY 2024-25 annual SEBI disclosure.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - Banas Finance confirms non-applicability of SEBI Large Corporate norms for debt issuance.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 15Th April 2025
15 Apr - Resignation of independent director Mr. Chirag Goyal effective 28 March 2025.
Annual reports
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Financial Year 2024
from bse
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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
from bse
Business Overview:[1]
BFL is registered as a Non-Systematically Important Non Deposit Taking, Non Banking Financial Company which deals in Finance and Trading