Master Trust Ltd

₹ 117 0.78%
02 Feb 1:46 p.m.
About

Master Trust Ltd provides a broad range of financial products and services to individuals and corporates.[1]

Key Points

Service Offerings
The company offers a wide range of services such as equity trading, derivatives trading, currency trading, commodity trading, algo-trading systems, depository, wealth management, insurance, research & advisory and merchant banking.[1]

  • Market Cap 254 Cr.
  • Current Price 117
  • High / Low 217 / 91.0
  • Stock P/E 4.39
  • Book Value 153
  • Dividend Yield 0.00 %
  • ROCE 28.7 %
  • ROE 19.9 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.77 times its book value
  • Company has delivered good profit growth of 56.8% CAGR over last 5 years
  • Debtor days have improved from 87.6 to 61.4 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company's cost of borrowing seems high

* 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
32 32 39 44 53 56 72 73 93 84 81 79 82
25 24 30 33 41 40 47 51 59 58 55 55 51
Operating Profit 7 9 9 10 12 15 26 22 33 27 27 25 30
OPM % 23% 27% 22% 24% 23% 27% 35% 31% 36% 32% 33% 31% 37%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 4 4 6 3 4 4 8 7 11 9 7 6 8
Depreciation 0 0 0 0 0 0 0 0 1 1 0 1 1
Profit before tax 3 4 2 7 8 11 17 15 21 17 19 18 22
Tax % 14% 10% -8% 18% 18% 22% 20% 18% 25% 24% 25% 25% 23%
Net Profit 2 4 3 6 6 9 14 12 16 13 14 13 17
EPS in Rs 1.08 1.66 1.21 2.55 2.96 3.97 6.32 5.52 7.28 6.08 6.49 6.18 7.84
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
86 95 97 90 115 104 109 150 134 136 225 331 327
61 67 68 65 81 82 85 122 100 103 161 222 218
Operating Profit 25 29 29 25 33 22 25 28 34 33 63 109 108
OPM % 29% 30% 30% 27% 29% 21% 23% 19% 25% 24% 28% 33% 33%
1 1 1 1 -0 0 1 7 0 0 0 0 0
Interest 8 14 17 14 19 14 15 19 13 18 19 35 30
Depreciation 2 1 1 1 4 2 2 3 1 2 1 2 2
Profit before tax 16 13 11 10 10 5 9 13 20 13 43 72 76
Tax % 20% 13% 9% 15% 3% 32% 33% 23% 14% 8% 20% 23%
Net Profit 13 12 10 8 9 4 6 10 17 12 34 55 58
EPS in Rs 9.16 5.35 4.60 3.85 4.30 1.63 2.67 4.61 7.63 5.66 15.80 25.37 26.59
Dividend Payout % 5% 9% 11% 13% 0% 0% 0% 11% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 25%
3 Years: 35%
TTM: 11%
Compounded Profit Growth
10 Years: 17%
5 Years: 57%
3 Years: 49%
TTM: 15%
Stock Price CAGR
10 Years: 18%
5 Years: 17%
3 Years: 91%
1 Year: -46%
Return on Equity
10 Years: 9%
5 Years: 12%
3 Years: 14%
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
7 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 91 131 140 147 156 160 166 174 196 203 245 289 321
87 99 70 126 139 85 75 69 69 104 95 97 118
183 175 174 164 111 172 213 237 298 240 435 631 767
Total Liabilities 368 416 395 448 418 428 464 491 574 557 786 1,028 1,217
11 13 13 13 11 10 16 15 18 18 18 21 24
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 37 22 45 48 18 23 17 14 32 19 15 7 87
320 381 337 386 388 395 430 462 524 520 753 1,000 1,106
Total Assets 368 416 395 448 418 428 464 491 574 557 786 1,028 1,217

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
51 -52 -11 22 -8 54 52 -2 82 14 -24 -15
-25 12 -24 -5 29 1 2 7 -18 19 12 6
11 20 -1 -0 -1 0 0 0 -1 0 0 0
Net Cash Flow 37 -20 -36 17 21 54 54 5 62 33 -13 -9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 377 486 468 384 321 306 288 278 248 94 107 61
Inventory Days
Days Payable
Cash Conversion Cycle 377 486 468 384 321 306 288 278 248 94 107 61
Working Capital Days 12 315 278 462 464 146 -58 -31 -409 -331 -529 -575
ROCE % 16% 13% 12% 10% 10% 7% 10% 13% 12% 11% 19% 29%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
74.84 74.84 74.84 74.84 74.84 74.84 74.84 74.84 74.84 74.84 74.84 74.84
0.05 0.05 0.05 0.05 0.03 0.05 0.04 0.03 0.03 0.03 0.03 0.03
25.12 25.12 25.12 25.12 25.14 25.12 25.13 25.14 25.14 25.14 25.14 25.13

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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