Baid Finserv Ltd
Baid Finserv Limited (Formerly Known as Baid Leasing and Finance Company Limited) is a Non- Deposit Taking NBFC carrying out the business of providing Car Loans, Commercial Vehicle Loans (new & used), MSME Loans, Loan Against Property and other asset backed loans. The Company is deeply penetrated in Rajasthan and has started operations in Madhya Pradesh.[1]
- Market Cap ₹ 238 Cr.
- Current Price ₹ 19.8
- High / Low ₹ 48.8 / 18.3
- Stock P/E 18.4
- Book Value ₹ 13.9
- Dividend Yield 0.51 %
- ROCE 11.2 %
- ROE 8.03 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.53% over past five years.
- Promoter holding is low: 34.8%
- Company has a low return on equity of 7.08% 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
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 7 | 8 | 18 | 28 | 41 | 58 | 63 | 54 | 50 | 56 | 66 | |
16 | 3 | 3 | 8 | 12 | 15 | 17 | 21 | 19 | 18 | 24 | 25 | |
Operating Profit | -1 | 4 | 5 | 10 | 17 | 26 | 41 | 42 | 35 | 32 | 32 | 41 |
OPM % | -7% | 56% | 64% | 53% | 59% | 65% | 70% | 66% | 64% | 64% | 57% | 62% |
5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 3 | 2 | 3 | 6 | 11 | 18 | 28 | 31 | 24 | 20 | 18 | 23 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | 2 | 2 | 4 | 6 | 8 | 13 | 10 | 10 | 12 | 14 | 18 |
Tax % | 22% | 34% | 34% | 32% | 31% | 31% | 24% | 27% | 27% | 28% | 26% | 29% |
1 | 1 | 1 | 3 | 4 | 6 | 10 | 8 | 7 | 9 | 10 | 13 | |
EPS in Rs | 0.16 | 0.17 | 0.20 | 0.45 | 0.39 | 0.56 | 0.96 | 0.63 | 0.62 | 0.73 | 0.86 | 1.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 13% | 18% | 10% | 0% | 8% | 7% | 12% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 25% |
5 Years: | 3% |
3 Years: | 7% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 6% |
3 Years: | 20% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 22% |
3 Years: | 66% |
1 Year: | -55% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 8% |
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 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 12 | 12 | 12 | 24 | 24 |
Reserves | 6 | 7 | 8 | 11 | 26 | 30 | 39 | 118 | 126 | 134 | 131 | 143 |
21 | 23 | 36 | 65 | 103 | 195 | 269 | 189 | 164 | 160 | 171 | 242 | |
3 | 4 | 15 | 24 | 19 | 36 | 15 | 22 | 15 | 12 | 15 | 17 | |
Total Liabilities | 35 | 41 | 64 | 105 | 159 | 271 | 333 | 341 | 316 | 318 | 341 | 426 |
0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 2 | 3 | 5 | 10 | 11 | 3 | 3 | 9 | 6 | 5 |
34 | 39 | 61 | 101 | 153 | 260 | 321 | 336 | 312 | 308 | 333 | 417 | |
Total Assets | 35 | 41 | 64 | 105 | 159 | 271 | 333 | 341 | 316 | 318 | 341 | 426 |
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 | 3 | -10 | -18 | -37 | -45 | -44 | 40 | 50 | 34 | 6 | ||
2 | -0 | -2 | -2 | -2 | -5 | -2 | -2 | 0 | -6 | 3 | ||
-2 | -2 | 12 | 19 | 40 | 51 | 45 | -38 | -49 | -24 | -8 | ||
Net Cash Flow | 0 | 1 | 0 | 0 | 0 | 2 | -0 | -1 | 2 | 4 | 0 |
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 | 69 | 204 | 287 | 0 | 0 | 0 | 0 | 0 | 74 | 50 | 0 | 0 |
Inventory Days | 665 | 36 | ||||||||||
Days Payable | 11 | 144 | ||||||||||
Cash Conversion Cycle | 724 | 204 | 287 | 0 | 0 | 0 | 0 | 0 | 74 | 50 | 0 | -108 |
Working Capital Days | 650 | 1,464 | 1,499 | 372 | 175 | 369 | 9 | -39 | 79 | 63 | 5 | -50 |
ROCE % | 12% | 12% | 12% | 14% | 15% | 14% | 15% | 13% | 11% | 10% | 10% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Jun - Of Securities Exchange Board of India (LODR), Regulation 2015, we are enclosing herewith the Newspaper Advertisement of Public Notice published in newspaper Nafa Nuksan (Daily …
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 Jun - Read with clause 15 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, please find enclosed the transcript of …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
5 Jun - With reference to our earlier intimation dated May 30, 2024 related to Earnings Conference Call Invite and pursuant to Regulations 30 and 46 (2)(oa) of …
-
Announcement under Regulation 30 (LODR)-Investor Presentation
5 Jun - Investor presentation to be made to Analyst/Investors on the Audited Financial Results of the Company for the quarter and year ended on March 31, 2024
- Earnings Release And Key Financial Highlights For The Quarter And Financial Year Ended On March 31, 2024 (Q4 And FY24) 31 May
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Offerings[1]
1 Vehicle Loans - Tractor Loan, Commercial Vehicle Loan, Car Loan (Upto 10 lakhs)
2 Mortgage Loans - MSME Loan, Loan Against Property (upto 25 lakhs)
3 Insurance - Life Insurance, Dwelling Insurance, Motor Insurance