Abirami Financial Services (India) Ltd

Abirami Financial Services (India) Ltd

₹ 54.3 2.12%
14 Jun - close price
About

Incorporated in 1993, Abirami Financial Services Ltd is registered as an NBFC[1]

Key Points

Business Overview:[1]
Company in the business of Hire purchase, Lending Money against Securities, Movable and immovable properties

  • Market Cap 29.3 Cr.
  • Current Price 54.3
  • High / Low 85.0 / 20.5
  • Stock P/E 20.2
  • Book Value 38.2
  • Dividend Yield 3.68 %
  • ROCE 5.12 %
  • ROE 6.75 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.8%

Cons

  • Tax rate seems low
  • Earnings include an other income of Rs.1.83 Cr.

* 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
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.21 0.11 0.25 0.09 0.12 0.50 0.31 0.15 0.26 0.14 0.24 0.17 0.17
Operating Profit -0.21 -0.11 -0.25 -0.09 -0.12 -0.50 -0.31 -0.15 -0.26 -0.14 -0.24 -0.17 -0.17
OPM %
0.19 0.11 0.14 0.10 0.13 18.87 0.23 0.43 0.31 0.32 0.45 0.48 0.58
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00
Depreciation 0.04 0.02 0.02 0.02 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
Profit before tax -0.06 -0.02 -0.13 -0.01 -0.01 18.37 -0.08 0.28 0.04 0.18 0.21 0.30 0.41
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 21.77% 0.00% 0.00% 0.00% 5.56% 42.86% -203.33% 36.59%
-0.06 -0.02 -0.14 -0.01 -0.02 14.37 -0.08 0.27 0.04 0.17 0.12 0.91 0.25
EPS in Rs -0.10 -0.03 -0.23 -0.02 -0.03 23.95 -0.13 0.45 0.07 0.31 0.22 1.69 0.46
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
0.63 0.89 0.70 0.76 0.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.48 0.69 0.45 0.36 0.34 0.34 0.32 0.38 0.52 0.56 1.23 0.72
Operating Profit 0.15 0.20 0.25 0.40 0.12 -0.34 -0.32 -0.38 -0.52 -0.56 -1.23 -0.72
OPM % 23.81% 22.47% 35.71% 52.63% 26.09%
0.53 0.34 0.41 0.12 0.10 0.69 0.47 0.69 0.51 0.46 19.84 1.83
Interest 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.01
Depreciation 0.19 0.20 0.21 0.18 0.14 0.13 0.12 0.10 0.11 0.09 0.02 0.01
Profit before tax 0.48 0.33 0.45 0.34 0.07 0.22 0.03 0.21 -0.12 -0.19 18.59 1.09
Tax % 12.50% 33.33% 17.78% 14.71% 14.29% 22.73% 33.33% 28.57% 0.00% 0.00% 21.52% -33.03%
0.41 0.23 0.37 0.30 0.06 0.17 0.02 0.16 -0.12 -0.19 14.60 1.45
EPS in Rs 0.68 0.38 0.62 0.50 0.10 0.28 0.03 0.27 -0.20 -0.32 24.33 2.69
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 300.00% 105.88% 0.00% 0.00% 0.00% 0.00% 8.22% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 20%
5 Years: 136%
3 Years: 141%
TTM: -90%
Stock Price CAGR
10 Years: 25%
5 Years: 47%
3 Years: 136%
1 Year: 50%
Return on Equity
10 Years: 17%
5 Years: 26%
3 Years: 36%
Last Year: 7%

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 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 5.40
Reserves 1.95 2.24 2.61 2.55 2.31 2.08 1.88 2.05 1.93 1.74 16.34 15.21
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.41 0.45 0.49 0.22 0.24 0.12 0.13 0.12 0.07 0.07 4.06 0.45
Total Liabilities 8.36 8.69 9.10 8.77 8.55 8.20 8.01 8.17 8.00 7.81 26.40 21.06
3.03 3.19 3.01 2.85 2.59 2.50 2.36 2.26 2.16 2.08 0.02 0.01
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 2.29 1.87 4.84 4.98 4.90 0.21 0.67 0.89 0.47 0.41 0.65 0.89
3.04 3.63 1.25 0.94 1.06 5.49 4.98 5.02 5.37 5.32 25.73 20.16
Total Assets 8.36 8.69 9.10 8.77 8.55 8.20 8.01 8.17 8.00 7.81 26.40 21.06

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
-0.01 -0.21 3.05 0.00 0.43 0.63 1.04 0.22 -0.05 -0.09 -4.69 -0.48
0.16 0.05 -3.00 0.00 0.07 -0.11 -0.45 -0.85 0.42 0.04 20.74 1.53
0.00 0.01 0.00 0.00 -0.29 -0.40 -0.22 0.00 0.00 0.00 0.00 -3.18
Net Cash Flow 0.15 -0.15 0.05 0.00 0.22 0.11 0.37 -0.62 0.37 -0.05 16.05 -2.13

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
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00
Working Capital Days 457.70 840.73 -255.50 -105.66 349.13
ROCE % 6.29% 4.32% 5.34% 3.96% 0.95% 2.68% 0.38% 2.64% -1.50% -2.43% 123.60%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.08% 59.08% 59.08% 59.08% 59.08% 59.08% 59.08% 59.08% 65.65% 65.65% 65.65% 65.65%
40.92% 40.92% 40.92% 40.92% 40.92% 40.92% 40.92% 40.92% 34.35% 34.35% 34.35% 34.35%
No. of Shareholders 1,1441,2231,2441,2361,2141,1981,1841,3871,3491,4911,1811,416

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