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 ₹ 261 Cr.
- Current Price ₹ 21.8
- High / Low ₹ 48.8 / 18.5
- Stock P/E 18.1
- Book Value ₹ 13.5
- Dividend Yield 0.46 %
- ROCE 10.0 %
- ROE 6.90 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.37% over past five years.
- Promoter holding is low: 34.8%
- Company has a low return on equity of 6.27% 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 15 | 7 | 8 | 18 | 28 | 41 | 58 | 63 | 54 | 50 | 56 | 66 | |
6 | 16 | 3 | 3 | 8 | 12 | 15 | 17 | 21 | 19 | 18 | 24 | 26 | |
Operating Profit | 3 | -1 | 4 | 5 | 10 | 17 | 26 | 41 | 42 | 35 | 32 | 32 | 40 |
OPM % | 31% | -7% | 56% | 64% | 53% | 59% | 65% | 70% | 66% | 64% | 64% | 57% | 61% |
0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 2 | 3 | 2 | 3 | 6 | 11 | 18 | 28 | 31 | 24 | 20 | 18 | 21 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | 1 | 2 | 2 | 4 | 6 | 8 | 13 | 10 | 10 | 12 | 14 | 20 |
Tax % | 32% | 22% | 34% | 34% | 32% | 31% | 31% | 24% | 27% | 27% | 28% | 26% | |
1 | 1 | 1 | 1 | 3 | 4 | 6 | 10 | 8 | 7 | 9 | 10 | 14 | |
EPS in Rs | 0.10 | 0.16 | 0.17 | 0.20 | 0.45 | 0.39 | 0.56 | 0.96 | 0.63 | 0.62 | 0.73 | 0.86 | 1.20 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 13% | 18% | 10% | 0% | 8% | 7% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 6% |
3 Years: | -4% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 13% |
3 Years: | 11% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 26% |
3 Years: | 99% |
1 Year: | -39% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 6% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 12 | 12 | 12 | 24 | 24 |
Reserves | 5 | 6 | 7 | 8 | 11 | 26 | 30 | 39 | 118 | 126 | 134 | 131 | 138 |
21 | 21 | 23 | 36 | 65 | 103 | 195 | 269 | 189 | 164 | 160 | 171 | 193 | |
3 | 3 | 4 | 15 | 24 | 19 | 36 | 15 | 22 | 15 | 12 | 15 | 19 | |
Total Liabilities | 34 | 35 | 41 | 64 | 105 | 159 | 271 | 333 | 341 | 316 | 318 | 341 | 373 |
0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 3 | 1 | 1 | 2 | 3 | 5 | 10 | 11 | 3 | 3 | 9 | 6 | 8 |
31 | 34 | 39 | 61 | 101 | 153 | 260 | 321 | 336 | 312 | 308 | 333 | 361 | |
Total Assets | 34 | 35 | 41 | 64 | 105 | 159 | 271 | 333 | 341 | 316 | 318 | 341 | 373 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5 | 0 | 3 | -10 | -18 | -37 | -45 | -44 | 40 | 50 | 34 | 6 | |
-1 | 2 | -0 | -2 | -2 | -2 | -5 | -2 | -2 | 0 | -6 | 3 | |
6 | -2 | -2 | 12 | 19 | 40 | 51 | 45 | -38 | -49 | -24 | -8 | |
Net Cash Flow | -0 | 0 | 1 | 0 | 0 | 0 | 2 | -0 | -1 | 2 | 4 | 0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 69 | 204 | 287 | 0 | 0 | 0 | 0 | 0 | 74 | 50 | 0 |
Inventory Days | 1,751 | 665 | ||||||||||
Days Payable | 40 | 11 | ||||||||||
Cash Conversion Cycle | 1,778 | 724 | 204 | 287 | 0 | 0 | 0 | 0 | 0 | 74 | 50 | 0 |
Working Capital Days | 842 | 650 | 1,464 | 1,499 | 372 | 175 | 369 | 9 | -39 | 79 | 63 | 5 |
ROCE % | 10% | 12% | 12% | 12% | 14% | 15% | 14% | 15% | 13% | 11% | 10% | 10% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2d
- Business Update And Key Highlights For The Quarter Ended On March 2024. 23 Apr
- Certificate From Practicing Company Secretary Pursuant To Regulation 40 (9) Of SEBI (LODR) Regulations, 2015 For The Year Ended On March 31, 2024. 10 Apr
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
9 Apr - Members of the Company have approved through Postal ballot increase in Authorised share capital of the company from existing Authorised Share capital of rs. 30,00,00,000 …
- Increase In Authorised Share Capital Of The Company And Consequent Alteration Of Capital Clause V Of Memorandum Of Association Of The Company Relating To Share Capital Of The Company. 9 Apr
Annual reports
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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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Financial Year 2009
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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