Bajrang Finance Ltd

Bajrang Finance Ltd

₹ 13.8 4.93%
08 Jan 2021
About

Bajrang Finance is engaged in the business of Finance & Investment Company.

  • Market Cap 2.49 Cr.
  • Current Price 13.8
  • High / Low /
  • Stock P/E 3.23
  • Book Value 89.8
  • Dividend Yield 0.00 %
  • ROCE 6.61 %
  • ROE 4.85 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.15 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.83% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
0.07 0.36 0.09 0.13 0.11 0.11 0.11 0.10 2.01 0.68 0.33 0.29 0.21
-0.09 0.06 0.07 0.05 0.06 0.08 0.07 0.06 0.07 0.05 0.06 0.08 0.26
Operating Profit 0.16 0.30 0.02 0.08 0.05 0.03 0.04 0.04 1.94 0.63 0.27 0.21 -0.05
OPM % 228.57% 83.33% 22.22% 61.54% 45.45% 27.27% 36.36% 40.00% 96.52% 92.65% 81.82% 72.41% -23.81%
0.07 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
Interest 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.18 0.32 0.02 0.08 0.05 0.03 0.04 0.04 1.95 0.63 0.27 0.21 -0.06
Tax % 22.22% 25.00% 100.00% 25.00% 20.00% 33.33% 25.00% 25.00% 48.21% 19.05% 25.93% 23.81% 50.00%
0.14 0.24 -0.01 0.07 0.04 0.02 0.03 0.03 1.01 0.51 0.20 0.15 -0.09
EPS in Rs 0.78 1.33 -0.06 0.39 0.22 0.11 0.17 0.17 5.61 2.83 1.11 0.83 -0.50
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
0.13 0.80 0.57 0.37 0.48 1.95 2.51 0.73 0.43 0.70 2.32 1.51
0.04 0.04 0.07 0.07 1.85 0.15 0.22 0.65 0.51 0.24 0.28 0.46
Operating Profit 0.09 0.76 0.50 0.30 -1.37 1.80 2.29 0.08 -0.08 0.46 2.04 1.05
OPM % 69.23% 95.00% 87.72% 81.08% -285.42% 92.31% 91.24% 10.96% -18.60% 65.71% 87.93% 69.54%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.30 0.07 0.00 0.00 0.01
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.09 0.76 0.50 0.30 -1.37 1.80 2.19 -0.22 -0.15 0.46 2.05 1.04
Tax % 33.33% 7.89% 22.00% 33.33% -51.09% 6.67% 8.22% -27.27% -33.33% 28.26% 47.32% 25.96%
0.06 0.70 0.38 0.20 -0.68 1.68 2.01 -0.16 -0.11 0.34 1.08 0.77
EPS in Rs 2.71 1.43 -4.86 12.00 14.36 -0.89 -0.61 1.89 6.00 4.28
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: 7%
5 Years: -10%
3 Years: 52%
TTM: -35%
Compounded Profit Growth
10 Years: 1%
5 Years: -17%
3 Years: 108%
TTM: -29%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 5%
5 Years: 3%
3 Years: 5%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity Capital 1.20 1.20 1.40 1.40 1.40 1.40 1.40 1.80 1.80 1.80 1.80 1.80
Reserves 2.10 4.80 4.98 5.19 4.51 6.18 8.19 11.63 12.32 12.79 13.81 14.37
0.00 0.00 0.00 0.00 0.00 0.00 3.50 0.00 0.00 0.00 0.00 0.00
0.01 0.00 0.03 0.01 0.30 0.03 0.08 0.06 0.05 0.04 0.04 0.15
Total Liabilities 3.31 6.00 6.41 6.60 6.21 7.61 13.17 13.49 14.17 14.63 15.65 16.32
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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 2.98 2.98 3.07 3.07 1.16 1.51 1.54 11.38 9.36 9.48 11.02 10.73
0.33 3.02 3.34 3.53 5.05 6.10 11.63 2.11 4.81 5.15 4.63 5.59
Total Assets 3.31 6.00 6.41 6.60 6.21 7.61 13.17 13.49 14.17 14.63 15.65 16.32

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
0.15 -2.61 0.00 0.00 -0.46 -1.02 -1.84 0.00 -2.84 0.35 -0.47 0.77
-0.14 0.61 0.00 0.00 0.15 1.03 1.60 0.00 2.82 0.02 0.25 0.08
0.00 2.00 0.00 0.00 0.00 0.00 3.50 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.01 0.00 0.00 0.00 -0.31 0.01 3.25 0.00 -0.02 0.37 -0.22 0.85

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 252.69 31.94 6.40 118.38 0.00 0.00 1.45 105.00 178.26 0.00 0.00 82.19
Inventory Days
Days Payable
Cash Conversion Cycle 252.69 31.94 6.40 118.38 0.00 0.00 1.45 105.00 178.26 0.00 0.00 82.19
Working Capital Days 870.38 1,373.31 2,055.53 1,075.27 2,965.62 975.21 1,080.46 525.00 534.77 422.36 59.78 219.97
ROCE % 2.75% 16.34% 8.08% 4.63% -21.92% 26.69% 22.16% 0.60% -0.58% 3.20% 13.58% 6.61%

Shareholding Pattern

Numbers in percentages

Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021
47.75% 47.75% 47.75% 47.75% 47.75% 47.75% 47.75% 47.75% 47.75% 47.75% 47.75% 47.75%
52.25% 52.25% 52.25% 52.25% 52.25% 52.25% 52.25% 52.25% 52.25% 52.25% 52.25% 52.25%
No. of Shareholders 174173173173173173173173173172172173

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