Mehta Housing Finance Ltd

Mehta Housing Finance Ltd

₹ 132 -5.00%
30 Apr - close price
About

Incorporated in 1993, Mehta Housing Finance Ltd provides housing finance to builders and developers.

Key Points

Business Overview:[1]
Company used to provide loans for construction and purchase of residential homes. Company also invests in equity market and other markets.

  • Market Cap 40.7 Cr.
  • Current Price 132
  • High / Low 205 / 77.9
  • Stock P/E
  • Book Value 16.1
  • Dividend Yield 0.00 %
  • ROCE -3.66 %
  • ROE -3.69 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 8.21 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -2.46% 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 - Housing

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
-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
0.04 -0.95 -0.00 0.04 0.06 0.03 0.07 0.03 0.05 0.05 0.06 0.04 0.04
Operating Profit -0.04 0.95 -0.00 -0.04 -0.06 -0.03 -0.07 -0.03 -0.05 -0.05 -0.06 -0.04 -0.04
OPM %
0.63 -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 -0.00 -0.00
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 0.59 0.95 -0.00 -0.04 -0.06 -0.03 -0.07 -0.03 -0.05 -0.05 -0.06 -0.04 -0.04
Tax % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
0.59 0.95 -0.00 -0.04 -0.06 -0.03 -0.07 -0.03 -0.05 -0.05 -0.06 -0.04 -0.04
EPS in Rs 1.91 3.08 -0.00 -0.13 -0.19 -0.10 -0.23 -0.10 -0.16 -0.16 -0.19 -0.13 -0.13
Raw PDF

Profit & Loss

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.10 0.10 0.10 -0.00 -0.00 -0.00 -0.00 -0.00 0.02 -0.00 -0.00 -0.00 0.00
0.02 0.01 0.03 0.04 0.07 0.07 0.08 0.07 0.50 0.11 0.09 0.19 0.19
Operating Profit 0.08 0.09 0.07 -0.04 -0.07 -0.07 -0.08 -0.07 -0.48 -0.11 -0.09 -0.19 -0.19
OPM % 80.00% 90.00% 70.00% -2,400.00%
-0.00 -0.00 -0.00 0.13 0.10 0.19 0.08 0.03 -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 -0.00 0.00
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 0.08 0.09 0.07 0.09 0.03 0.12 -0.00 -0.04 -0.48 -0.11 -0.09 -0.19 -0.19
Tax % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
0.08 0.08 0.07 0.09 0.03 0.12 -0.00 -0.04 -0.48 -0.11 -0.09 -0.19 -0.19
EPS in Rs 0.26 0.26 0.23 0.29 0.10 0.39 -0.00 -0.13 -1.56 -0.36 -0.29 -0.62 -0.61
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: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 17%
TTM: -6%
Stock Price CAGR
10 Years: 40%
5 Years: 79%
3 Years: 92%
1 Year: 26%
Return on Equity
10 Years: -1%
5 Years: -3%
3 Years: -2%
Last Year: -4%

Balance Sheet

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3.08 3.08 3.08 3.08 3.08 3.08 3.08 3.08 3.08 3.08 3.08 3.08 3.08
Reserves 2.93 3.02 3.09 3.18 2.93 2.89 2.90 2.86 2.38 2.27 2.17 1.98 1.88
-0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.06 -0.00 -0.00
0.54 0.02 0.33 0.29 0.30 0.35 0.27 0.21 0.16 0.15 0.16 0.16 0.17
Total Liabilities 6.55 6.12 6.50 6.55 6.31 6.32 6.25 6.15 5.62 5.50 5.47 5.22 5.13
-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
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 4.90 4.90 4.90 4.90 4.48 4.48 4.68 4.70 4.17 -0.00 2.00 2.00 2.00
1.65 1.22 1.60 1.65 1.83 1.84 1.57 1.45 1.45 5.50 3.47 3.22 3.13
Total Assets 6.55 6.12 6.50 6.55 6.31 6.32 6.25 6.15 5.62 5.50 5.47 5.22 5.13

Cash Flows

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.11 -0.09 -0.13 -0.13 -0.00 0.19 0.03 -0.56 -4.26 2.47 -0.27
0.01 -0.00 -0.00 0.13 -0.00 -0.20 -0.02 0.55 4.26 -2.00 -0.00
0.10 0.09 0.13 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Net Cash Flow -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.01 -0.01 -0.00 0.47 -0.27

Ratios

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 5,219.50 3,723.00 5,146.50 24,637.50
Inventory Days
Days Payable
Cash Conversion Cycle 5,219.50 3,723.00 5,146.50 24,637.50
Working Capital Days 3,248.50 3,650.00 3,942.00 21,717.50
ROCE % 1.49% 1.14% 1.45% 0.49% 2.00% -0.00% -0.67% -8.42% -2.04% -1.69% -3.66%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58% 72.58%
27.42% 27.42% 27.42% 27.42% 27.42% 27.41% 27.42% 27.41% 27.41% 27.41% 27.41% 27.41%
No. of Shareholders 3,1513,1413,1303,1263,5043,4073,2503,1673,1473,1313,1163,092

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