Savani Financials Ltd

Savani Financials Ltd

₹ 20.7 0.00%
18 Jun - close price
About

Incorporated in 1987, Savani Financials Ltd is engaged in the business of providing financial services[1]

Key Points

Business Overview:[1]
Company is registered as a Non Systematically Important Non Deposit Accepting Non Banking Financial Investment and Credit Company. It provides investment and financial services

  • Market Cap 62.8 Cr.
  • Current Price 20.7
  • High / Low 20.7 / 14.7
  • Stock P/E
  • Book Value 0.03
  • Dividend Yield 0.00 %
  • ROCE -87.5 %
  • ROE -182 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 17.8% over last quarter.

Cons

  • Stock is trading at 663 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -1.59% over past five years.
  • Company has a low return on equity of -37.9% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 253 days to 395 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

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.02 0.03 0.03 0.03 0.03
0.02 0.02 0.03 0.02 0.04 0.03 0.09 0.04 0.02 0.03 0.38 0.78 0.87
Operating Profit 0.01 0.01 0.00 0.01 -0.01 0.00 -0.06 -0.01 0.00 0.00 -0.35 -0.75 -0.84
OPM % 33.33% 33.33% 0.00% 33.33% -33.33% 0.00% -200.00% -33.33% 0.00% 0.00% -1,166.67% -2,500.00% -2,800.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.04
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 0.01 0.01 0.00 0.01 -0.01 0.00 -0.06 -0.01 0.00 0.00 -0.35 -0.77 -0.88
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.01 0.01 0.00 0.01 -0.01 0.00 -0.06 -0.01 0.00 0.00 -0.35 -0.77 -0.88
EPS in Rs 0.00 0.00 0.00 0.00 -0.00 0.00 -0.02 -0.00 0.00 0.00 -0.11 -0.24 -0.28
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.12 0.15 0.16 0.20 0.17 0.15 0.13 0.14 0.13 0.11 0.11 0.12
0.04 0.05 0.09 0.11 0.10 0.10 0.13 0.12 0.08 0.09 0.18 2.05
Operating Profit 0.08 0.10 0.07 0.09 0.07 0.05 0.00 0.02 0.05 0.02 -0.07 -1.93
OPM % 66.67% 66.67% 43.75% 45.00% 41.18% 33.33% 0.00% 14.29% 38.46% 18.18% -63.64% -1,608.33%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07
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 0.08 0.10 0.07 0.09 0.07 0.05 0.00 0.02 0.05 0.02 -0.07 -2.00
Tax % 12.50% -10.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.07 0.11 0.07 0.09 0.07 0.05 0.00 0.02 0.05 0.02 -0.07 -2.00
EPS in Rs 0.02 0.03 0.02 0.03 0.02 0.02 0.00 0.01 0.02 0.01 -0.02 -0.62
Dividend Payout % 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: -2%
5 Years: -2%
3 Years: -3%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -2757%
Stock Price CAGR
10 Years: 17%
5 Years: 22%
3 Years: 32%
1 Year: 41%
Return on Equity
10 Years: -9%
5 Years: -21%
3 Years: -38%
Last Year: -182%

Balance Sheet

Figures in Rs. Crores

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 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
Reserves -2.32 -2.20 -2.13 -2.04 -1.96 -1.91 -1.91 -1.88 -1.84 -1.82 -1.90 -3.90
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.21
0.02 0.01 0.00 0.00 0.03 0.02 0.01 0.01 0.02 0.02 0.03 0.36
Total Liabilities 1.70 1.81 1.87 1.96 2.07 2.11 2.10 2.13 2.18 2.20 2.13 2.67
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08
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 0.00 0.50 0.25 1.65 1.75 0.00 0.00
1.70 1.81 1.87 1.96 2.07 2.11 1.60 1.88 0.53 0.45 2.13 2.59
Total Assets 1.70 1.81 1.87 1.96 2.07 2.11 2.10 2.13 2.18 2.20 2.13 2.67

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.31 0.08 0.08 0.10 0.09 -0.06 0.01 0.05 0.05 0.04 -0.08 -2.06
0.00 0.00 0.00 0.00 0.00 0.00 -0.02 -0.02 -0.05 -0.11 0.23 0.13
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.21
Net Cash Flow 0.31 0.08 0.08 0.10 0.09 -0.06 -0.01 0.03 0.00 -0.07 0.14 0.28

Ratios

Figures in Rs. Crores

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
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 0.00 24.33 45.62 36.50 21.47 267.67 336.92 234.64 224.62 165.91 199.09 395.42
ROCE % 4.85% 5.75% 3.81% 4.70% 3.50% 2.42% 0.00% 0.95% 2.34% 0.92% -3.27% -87.53%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024
55.85% 57.15% 57.15% 57.15% 57.15% 57.15% 57.15% 57.15% 57.18% 57.18% 57.18% 75.00%
0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00%
44.15% 42.85% 42.84% 42.84% 42.84% 42.83% 42.83% 42.84% 42.81% 42.81% 42.81% 25.00%
No. of Shareholders 6,2306,2216,2106,2026,2016,1956,1896,1766,1606,1526,1286,196

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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