Action Financial Services (I) Ltd

About [ edit ]

Action Financial Services (India) is engaged in capital market related activities, such as broking and depository participant. The Company is engaged in securities brokerage services, processing and clearing services of securities transactions and sale of securities.

  • Market Cap 4.64 Cr.
  • Current Price 3.71
  • High / Low 7.10 / 3.71
  • Stock P/E
  • Book Value 19.5
  • Dividend Yield 0.00 %
  • ROCE 3.39 %
  • ROE 0.75 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.19 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.05% over past five years.
  • Promoter holding is low: 38.08%
  • Company has a low return on equity of -0.82% for last 3 years.
  • Contingent liabilities of Rs.9.38 Cr.
  • Company has high debtors of 236.62 days.
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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
0.84 0.83 0.76 1.23 0.64 0.68 1.10 2.10 0.77 0.63 0.40 1.04
0.89 1.01 0.97 0.89 0.88 5.89 1.85 0.86 0.73 3.42 2.06 0.69
Operating Profit -0.05 -0.18 -0.21 0.34 -0.24 -5.21 -0.75 1.24 0.04 -2.79 -1.66 0.35
OPM % -5.95% -21.69% -27.63% 27.64% -37.50% -766.18% -68.18% 59.05% 5.19% -442.86% -415.00% 33.65%
Other Income 0.38 0.18 -0.01 0.00 0.78 0.53 0.19 0.12 0.14 0.49 0.43 0.37
Interest 0.22 0.21 0.19 0.23 0.26 0.19 0.22 0.20 0.20 0.27 0.21 0.20
Depreciation 0.20 0.10 0.09 0.07 0.10 0.05 0.05 0.05 -0.01 0.02 0.02 0.02
Profit before tax -0.09 -0.31 -0.50 0.04 0.18 -4.92 -0.83 1.11 -0.01 -2.59 -1.46 0.50
Tax % 122.22% 0.00% 0.00% 0.00% 77.78% 28.05% 30.12% 26.13% 100.00% 28.96% 27.40% 30.00%
Net Profit 0.01 -0.31 -0.49 0.04 0.04 -3.55 -0.58 0.83 0.00 -1.83 -1.06 0.35
EPS in Rs 0.01 -0.25 -0.39 0.03 0.03 -2.84 -0.46 0.66 0.00 -1.46 -0.85 0.28

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
5.01 2.05 3.46 3.17 5.04 5.98 4.34 3.57 3.52 3.94 4.30 4.35 2.84
3.69 3.31 2.35 2.02 4.17 4.75 3.92 2.96 2.94 3.15 3.68 3.42 6.90
Operating Profit 1.32 -1.26 1.11 1.15 0.87 1.23 0.42 0.61 0.58 0.79 0.62 0.93 -4.06
OPM % 26.35% -61.46% 32.08% 36.28% 17.26% 20.57% 9.68% 17.09% 16.48% 20.05% 14.42% 21.38% -142.96%
Other Income 0.02 0.10 0.01 0.01 0.04 0.09 0.67 0.70 0.13 0.14 0.11 0.23 1.43
Interest 0.38 0.48 0.74 0.78 0.74 0.70 0.68 0.57 0.57 0.72 0.95 0.84 0.88
Depreciation 0.20 0.22 0.23 0.26 0.16 0.24 0.38 0.44 0.44 0.40 0.36 0.14 0.05
Profit before tax 0.76 -1.86 0.15 0.12 0.01 0.38 0.03 0.30 -0.30 -0.19 -0.58 0.18 -3.56
Tax % 50.00% 17.74% 20.00% 58.33% 500.00% 68.42% -100.00% 26.67% 100.00% 57.89% -24.14% -5.56%
Net Profit 0.38 -1.53 0.12 0.05 -0.04 0.11 0.06 0.22 0.00 -0.09 -0.72 0.19 -2.54
EPS in Rs 0.45 -1.81 0.14 0.05 -0.04 0.09 0.05 0.18 0.00 -0.07 -0.58 0.15 -2.03
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:8%
5 Years:0%
3 Years:7%
TTM:-37%
Compounded Profit Growth
10 Years:8%
5 Years:19%
3 Years:%
TTM:22%
Stock Price CAGR
10 Years:-20%
5 Years:-10%
3 Years:-23%
1 Year:-47%
Return on Equity
10 Years:-1%
5 Years:-1%
3 Years:-1%
Last Year:1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
9.22 9.28 9.64 10.81 10.89 13.33 13.33 13.33 13.33 13.33 13.33 13.33 12.50
Reserves 2.01 0.54 1.56 3.89 4.17 11.12 11.48 12.84 12.83 12.74 12.02 12.21 11.91
Borrowings 2.68 3.00 3.60 4.21 4.35 2.76 2.51 2.11 2.34 4.09 4.47 4.78 5.65
6.09 6.60 7.38 7.34 6.36 6.75 9.66 7.93 8.47 9.78 10.49 7.64 5.43
Total Liabilities 19.17 18.59 21.35 25.42 24.94 33.13 36.15 35.38 36.14 39.11 39.48 37.13 35.49
1.83 1.67 1.66 1.53 1.82 2.77 2.38 1.57 1.24 1.04 0.69 0.59 0.55
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 0.00
Investments 6.06 5.73 5.32 5.93 5.90 2.97 6.70 6.17 6.23 5.33 6.15 7.55 25.55
11.28 11.19 14.37 17.96 17.22 27.39 27.07 27.64 28.67 32.74 32.64 28.99 9.39
Total Assets 19.17 18.59 21.35 25.42 24.94 33.13 36.15 35.38 36.14 39.11 39.48 37.13 35.49

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
0.14 0.72 -0.92 -2.60 -0.18 -7.50 0.49 -0.85 0.27 -1.99 -1.39 4.53
-0.13 0.37 0.31 -0.60 0.10 3.08 -3.72 1.82 0.03 0.89 2.44 -4.58
0.63 -1.03 1.05 3.25 0.07 8.39 -0.74 -0.90 -0.32 1.10 -0.52 -0.45
Net Cash Flow 0.64 0.06 0.44 0.05 -0.01 3.97 -3.97 0.07 -0.02 0.00 0.53 -0.50

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 8.39% -10.33% 6.52% 5.52% 3.91% 4.63% 0.26% 1.08% 0.95% 1.77% 1.23% 3.39%
Debtor Days 182.14 389.93 317.53 603.34 373.69 556.05 498.72 557.21 631.49 614.20 539.86 236.62
Inventory Turnover 0.02 0.10 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00

Shareholding Pattern

Numbers in percentages

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08
0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
61.90 61.90 61.90 61.90 61.90 61.90 61.90 61.90 61.90 61.90 61.90 61.90

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