V B Desai Financial Services Ltd
Incorporated in 1985, V. B. Desai Financial Services Ltd Company is engaged in Merchant Banking activities focusing on ESOP valuation, company valuation, consultancy and advisory services, etc.
- Market Cap ₹ 16.2 Cr.
- Current Price ₹ 35.8
- High / Low ₹ 44.6 / 15.8
- Stock P/E 28.9
- Book Value ₹ 26.6
- Dividend Yield 0.00 %
- ROCE 6.54 %
- ROE 4.76 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.79% over past five years.
- Company has a low return on equity of 3.95% over last 3 years.
- Working capital days have increased from 50.6 days to 99.3 days
* 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.05 | 1.26 | 1.39 | 1.14 | 1.33 | 2.19 | 2.59 | 2.14 | 2.81 | 2.77 | 3.30 | 2.83 | |
1.02 | 0.87 | 1.03 | 0.99 | 1.21 | 1.64 | 1.85 | 1.84 | 2.32 | 2.32 | 2.68 | 2.56 | |
Operating Profit | 0.03 | 0.39 | 0.36 | 0.15 | 0.12 | 0.55 | 0.74 | 0.30 | 0.49 | 0.45 | 0.62 | 0.27 |
OPM % | 2.86% | 30.95% | 25.90% | 13.16% | 9.02% | 25.11% | 28.57% | 14.02% | 17.44% | 16.25% | 18.79% | 9.54% |
0.00 | 0.00 | 0.01 | 0.02 | 0.13 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.50 | |
Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.02 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
Profit before tax | 0.01 | 0.35 | 0.34 | 0.13 | 0.22 | 0.52 | 0.72 | 0.31 | 0.48 | 0.44 | 0.62 | 0.77 |
Tax % | -500.00% | -8.57% | 20.59% | -7.69% | 63.64% | 11.54% | 16.67% | 38.71% | 27.08% | 29.55% | 24.19% | 27.27% |
0.06 | 0.37 | 0.27 | 0.14 | 0.08 | 0.45 | 0.59 | 0.19 | 0.36 | 0.31 | 0.47 | 0.56 | |
EPS in Rs | 0.13 | 0.82 | 0.60 | 0.31 | 0.18 | 0.99 | 1.30 | 0.42 | 0.80 | 0.68 | 1.04 | 1.24 |
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: | 8% |
5 Years: | 2% |
3 Years: | 0% |
TTM: | -14% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -1% |
3 Years: | 16% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 71% |
3 Years: | 51% |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 | 4.54 |
Reserves | 3.85 | 4.22 | 4.49 | 4.61 | 4.66 | 5.03 | 5.62 | 5.81 | 6.17 | 6.48 | 6.95 | 7.51 |
0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.58 | 0.23 | 0.23 | 0.40 | 0.46 | 0.59 | 0.53 | 0.51 | 0.59 | 0.56 | 0.70 | 0.59 | |
Total Liabilities | 8.97 | 8.99 | 9.33 | 9.55 | 9.66 | 10.16 | 10.69 | 10.86 | 11.30 | 11.58 | 12.19 | 12.64 |
0.20 | 0.16 | 0.13 | 0.10 | 0.07 | 0.05 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.04 | |
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 | 2.35 | 3.29 | 3.31 | 3.44 | 5.44 | 7.92 | 8.22 | 8.21 | 8.54 | 8.67 | 8.67 | 0.13 |
6.42 | 5.54 | 5.89 | 6.01 | 4.15 | 2.19 | 2.45 | 2.64 | 2.75 | 2.91 | 3.52 | 12.47 | |
Total Assets | 8.97 | 8.99 | 9.33 | 9.55 | 9.66 | 10.16 | 10.69 | 10.86 | 11.30 | 11.58 | 12.19 | 12.64 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.33 | 0.62 | 0.25 | -0.13 | 1.77 | 2.35 | -0.07 | -0.02 | 0.44 | -0.13 | 0.32 | -8.31 | |
2.40 | -0.89 | -0.02 | -0.01 | -1.99 | -2.29 | 0.05 | 0.00 | -0.32 | 0.00 | 0.00 | 8.49 | |
0.00 | 0.00 | 0.07 | -0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.07 | -0.28 | 0.30 | -0.23 | -0.22 | 0.06 | -0.01 | -0.02 | 0.11 | -0.13 | 0.32 | 0.17 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,407.86 | 17.38 | 26.26 | 35.22 | 32.93 | 26.67 | 25.37 | 23.88 | 35.07 | 50.07 | 47.56 | 37.40 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1,407.86 | 17.38 | 26.26 | 35.22 | 32.93 | 26.67 | 25.37 | 23.88 | 35.07 | 50.07 | 47.56 | 37.40 |
Working Capital Days | 1,870.19 | 107.18 | 73.53 | 60.83 | 21.95 | 8.33 | 63.42 | 76.75 | 12.99 | 31.62 | 21.02 | 99.31 |
ROCE % | 0.12% | 4.08% | 3.81% | 1.53% | 2.40% | 5.54% | 7.30% | 3.02% | 4.56% | 4.05% | 5.51% | 6.54% |
Documents
Announcements
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Integrated Filing (Financial)
6 May - Audited financial results for FY25: Net profit Rs.55.87L, revenue Rs.283.06L, no defaults, related party disclosures.
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Board Meeting Outcome for Outcome Of Board Meeting Audited Financials For 31St March 2025
6 May - Audited standalone financial results for FY ended March 31, 2025 approved; profit Rs 55.87 lakh, revenue Rs 283.06 lakh.
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Board Meeting Intimation for Board Meeting On 06Th May 2025 To Approve Financial Statements.
24 Apr - Board meeting on May 6, 2025 to approve audited Q4 and FY2025 financial results.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
15 Apr - Non-applicability of Annual Secretarial Compliance report.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1 Apr - Certificate for the quarter ended on 31st March 2025.
Annual reports
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Financial Year 2024
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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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Registration:[1]
Company is a capital market intermediary registered with Securities and Exchange Board of India (SEBI) as a Category I Merchant Banker and licensed to carry out Merchant Banking activities.