Everlon Financials Ltd

Everlon Financials Ltd

₹ 165 5.00%
18 Jun - close price
About

Incorporated in 1989, Everlon Financials
Ltd is in the business of financial services and allied activities[1]

Key Points

Change of Name and Business:[1][2]
The name of the company was changed from Everlon Synthetics Limited to Everlon Financials Limited on Sep 2021, as the company exited the business of manufacturing Polyester Texturized Yarn and applied for NBFC certification

  • Market Cap 102 Cr.
  • Current Price 165
  • High / Low 165 / 34.7
  • Stock P/E 12.8
  • Book Value 31.4
  • Dividend Yield 0.00 %
  • ROCE 61.7 %
  • ROE 54.3 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 86.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30.0%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -23.9% over past five years.
  • Tax rate seems low
  • Working capital days have increased from 456 days to 661 days

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
12.29 11.30 12.67 10.70 0.31 0.00 0.00 4.72 0.43 1.45 4.46 1.68 2.52
11.49 10.69 12.22 11.28 0.43 0.06 0.13 2.50 0.43 0.06 3.14 -0.01 -2.10
Operating Profit 0.80 0.61 0.45 -0.58 -0.12 -0.06 -0.13 2.22 0.00 1.39 1.32 1.69 4.62
OPM % 6.51% 5.40% 3.55% -5.42% -38.71% 47.03% 0.00% 95.86% 29.60% 100.60% 183.33%
-0.09 0.14 0.15 1.96 0.16 0.08 0.23 -0.20 0.03 0.02 0.02 0.06 0.02
Interest 0.09 0.12 0.10 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00
Depreciation 0.06 0.06 0.07 0.07 0.02 0.02 0.02 0.02 0.02 0.01 0.02 0.02 0.03
Profit before tax 0.56 0.57 0.43 1.29 0.02 0.00 0.08 2.00 0.01 1.40 1.32 1.71 4.61
Tax % 8.93% 0.00% 0.00% 0.00% 1,650.00% 0.00% 6.00% 6,300.00% 33.57% 33.33% -43.27% 19.31%
0.51 0.57 0.43 1.29 -0.32 0.00 0.08 1.89 -0.62 0.93 0.88 2.44 3.73
EPS in Rs 0.91 1.01 0.76 2.29 -0.57 0.00 0.14 3.36 -1.10 1.65 1.42 3.94 6.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
48.05 53.40 41.03 30.97 39.23 36.68 39.62 37.34 34.04 34.98 5.15 10.11
46.89 52.16 39.90 30.55 38.53 35.95 39.49 36.74 32.53 34.61 3.11 1.06
Operating Profit 1.16 1.24 1.13 0.42 0.70 0.73 0.13 0.60 1.51 0.37 2.04 9.05
OPM % 2.41% 2.32% 2.75% 1.36% 1.78% 1.99% 0.33% 1.61% 4.44% 1.06% 39.61% 89.52%
0.05 0.01 0.05 0.57 0.04 0.10 0.04 0.03 -0.67 2.40 0.14 0.12
Interest 0.67 0.64 0.78 0.66 0.35 0.32 0.31 0.24 0.32 0.24 0.01 0.02
Depreciation 0.30 0.30 0.31 0.23 0.22 0.22 0.25 0.23 0.22 0.22 0.07 0.08
Profit before tax 0.24 0.31 0.09 0.10 0.17 0.29 -0.39 0.16 0.30 2.31 2.10 9.07
Tax % 20.83% 19.35% 22.22% 20.00% 23.53% 20.69% 0.00% 0.00% 73.33% 8.66% 35.24% 11.69%
0.19 0.25 0.07 0.08 0.14 0.23 -0.39 0.16 0.08 2.11 1.35 8.00
EPS in Rs 0.34 0.45 0.12 0.14 0.25 0.41 -0.69 0.28 0.14 3.75 2.40 12.90
Dividend Payout % 0.00% 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: -15%
5 Years: -24%
3 Years: -33%
TTM: 96%
Compounded Profit Growth
10 Years: 41%
5 Years: 86%
3 Years: 125%
TTM: 493%
Stock Price CAGR
10 Years: 28%
5 Years: 63%
3 Years: 133%
1 Year: 329%
Return on Equity
10 Years: 15%
5 Years: 23%
3 Years: 30%
Last Year: 54%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 3.03 3.03 3.03 5.62 5.62 5.62 5.62 5.62 5.62 5.62 5.62 6.20
Reserves -1.32 -1.06 -1.00 0.09 0.23 0.46 0.63 0.79 0.92 3.03 4.38 13.25
7.37 7.45 7.30 4.80 3.04 4.66 3.46 2.33 4.35 0.00 0.00 0.00
1.28 1.34 0.96 0.94 0.91 1.56 0.96 0.91 1.05 0.17 0.29 0.27
Total Liabilities 10.36 10.76 10.29 11.45 9.80 12.30 10.67 9.65 11.94 8.82 10.29 19.72
4.19 3.96 3.80 3.80 3.59 3.49 3.34 3.11 2.89 0.21 0.15 0.26
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22 0.00 0.00 0.00
Investments 0.02 0.02 0.03 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6.15 6.78 6.46 7.62 6.21 8.81 7.33 6.54 8.83 8.61 10.14 19.46
Total Assets 10.36 10.76 10.29 11.45 9.80 12.30 10.67 9.65 11.94 8.82 10.29 19.72

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.31 0.67 2.04 -0.70 1.86 -1.37 1.47 1.34 -0.88 2.26 -2.16 -1.40
0.10 -0.06 -0.10 1.47 0.04 -0.03 0.02 0.03 -1.14 3.15 2.44 -0.06
-3.22 -0.79 -1.83 -0.77 -2.11 1.31 -1.52 -1.36 1.93 -4.55 -1.02 1.36
Net Cash Flow 0.19 -0.18 0.10 -0.01 -0.21 -0.09 -0.02 0.02 -0.09 0.86 -0.74 -0.10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 23.40 16.88 17.88 24.63 16.38 31.54 19.44 9.58 31.74 0.00 0.00 0.00
Inventory Days 5.41 17.36 20.42 44.35 31.58 56.61 46.47 53.50 61.72 52.32 1,252.72
Days Payable 3.50 7.29 8.08 8.95 6.72 11.82 4.78 5.40 7.92 0.25 3.00
Cash Conversion Cycle 25.31 26.96 30.22 60.02 41.24 76.33 61.13 57.68 85.54 52.07 1,249.71 0.00
Working Capital Days 25.60 25.97 29.98 69.18 47.82 72.34 59.33 54.64 75.06 43.51 662.67 661.04
ROCE % 8.64% 10.49% 9.28% 2.62% 5.26% 5.60% -0.78% 4.23% 13.86% 2.66% 22.63%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.70% 71.70% 71.69% 71.69% 71.69% 71.72% 71.85% 71.85% 71.85% 74.47% 74.47% 74.47%
28.30% 28.30% 28.31% 28.31% 28.31% 28.29% 28.16% 28.17% 28.15% 25.53% 25.55% 25.53%
No. of Shareholders 2,2922,2772,9922,8322,7652,7352,6732,6512,6242,5792,6102,599

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