Aryaman Financial Services Ltd

Aryaman Financial Services Ltd

₹ 269 1.55%
06 May - close price
About

Incorporated in 1994, Aryaman Financial Services Ltd is in the business of Merchant Banking, Investments (Strategic & Non Strategic)[1]

Key Points

Services Offerings[1][2]
A) Fund Raising – Equity Capital Markets The company advises corporates and businesses of all sizes which are seeking to mobilize capital from investors in India and overseas through IPOs, FPOs, Rights Issues, and other ways of raising capital.
B) M&A Advisory and Open Offer Management: The M&A segment is engaged in turnkey transaction management and advises a diverse range of clients in medium to large transactions. It provides both buy-side and sell-side advisory services as part of our M&A advisory offerings.
C) Private Equity Offerings: It advises promoters and companies on the key considerations in a PE fundraising exercise.
D) Structured Finance Advisory: The company organizes appropriate financing solutions for client-specific situations and identifies and places the transaction with institutional investors. The portfolio of solutions comprises Promoter Financing and acquisition Financing.
E) Corporate Finance Advisory and Certifications: Managing corporate finance activities such as Schemes of Amalgamations, Mergers, ESOP Transactions, Foreign Remittance and Equity Placements, etc. [3]

  • Market Cap 314 Cr.
  • Current Price 269
  • High / Low 285 / 122
  • Stock P/E 97.6
  • Book Value 24.1
  • Dividend Yield 0.00 %
  • ROCE 10.0 %
  • ROE 7.45 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 151 days to 54.5 days

Cons

  • Stock is trading at 11.2 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -9.48% over past five years.
  • Company has a low return on equity of 5.29% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
0.60 1.00 0.74 0.99 1.20 1.89 1.00 1.30 3.10 0.74 1.23 5.96 6.58
0.38 0.63 0.49 0.50 0.60 1.67 0.60 0.76 1.39 1.25 0.59 4.62 4.37
Operating Profit 0.22 0.37 0.25 0.49 0.60 0.22 0.40 0.54 1.71 -0.51 0.64 1.34 2.21
OPM % 36.67% 37.00% 33.78% 49.49% 50.00% 11.64% 40.00% 41.54% 55.16% -68.92% 52.03% 22.48% 33.59%
0.08 0.08 0.07 0.09 0.07 0.08 0.12 0.10 0.12 0.15 0.17 0.18 0.23
Interest 0.01 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax 0.27 0.42 0.30 0.55 0.65 0.28 0.50 0.62 1.81 -0.38 0.79 1.50 2.42
Tax % 29.63% 23.81% 26.67% 25.45% 23.08% 25.00% 26.00% 19.35% 27.07% 23.68% 25.32% 25.33% 25.21%
0.19 0.31 0.22 0.41 0.50 0.21 0.37 0.50 1.32 -0.29 0.58 1.12 1.81
EPS in Rs 0.16 0.27 0.19 0.35 0.43 0.18 0.32 0.43 1.13 -0.25 0.50 0.96 1.55
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
1.27 3.24 2.63 1.77 2.64 5.06 10.91 8.65 4.78 2.80 5.12 6.63 14.51
0.86 2.71 2.07 1.32 1.87 3.42 7.53 6.27 3.46 2.01 3.23 3.99 10.83
Operating Profit 0.41 0.53 0.56 0.45 0.77 1.64 3.38 2.38 1.32 0.79 1.89 2.64 3.68
OPM % 32.28% 16.36% 21.29% 25.42% 29.17% 32.41% 30.98% 27.51% 27.62% 28.21% 36.91% 39.82% 25.36%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.73
Interest 0.00 0.01 0.02 0.02 0.01 0.13 0.03 0.05 0.05 0.03 0.04 0.02 0.00
Depreciation 0.01 0.02 0.02 0.02 0.07 0.11 0.12 0.11 0.07 0.08 0.08 0.08 0.08
Profit before tax 0.40 0.50 0.52 0.41 0.69 1.40 3.23 2.22 1.20 0.70 1.78 2.54 4.33
Tax % 20.00% 20.00% 19.23% 21.95% 21.74% 28.57% 25.70% 25.68% 30.00% 17.14% 24.72% 25.20%
0.33 0.40 0.41 0.32 0.55 1.00 2.41 1.65 0.84 0.58 1.34 1.90 3.22
EPS in Rs 0.30 0.36 0.37 0.29 0.50 0.86 2.06 1.41 0.72 0.50 1.15 1.63 2.76
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: 7%
5 Years: -9%
3 Years: 12%
TTM: 99%
Compounded Profit Growth
10 Years: 17%
5 Years: -5%
3 Years: 31%
TTM: 34%
Stock Price CAGR
10 Years: 34%
5 Years: 42%
3 Years: 92%
1 Year: 110%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 5%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 10.98 10.98 10.98 10.98 10.98 11.68 11.68 11.68 11.68 11.68 11.68 11.68 11.68
Reserves 2.48 2.88 3.30 3.62 4.16 6.04 8.45 10.11 10.94 11.52 12.86 14.76 16.46
0.00 0.13 0.10 0.08 0.39 0.32 0.21 0.25 0.24 0.18 0.07 0.00 0.00
0.42 0.73 0.73 0.95 0.94 0.69 4.65 2.75 0.65 0.93 0.84 1.87 3.85
Total Liabilities 13.88 14.72 15.11 15.63 16.47 18.73 24.99 24.79 23.51 24.31 25.45 28.31 31.99
0.99 1.13 1.09 1.04 1.47 1.34 1.25 1.25 1.19 1.12 1.06 0.99 0.96
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 6.88 6.88 8.69 9.37 9.37 13.47 13.76 13.47 13.47 13.47 13.47 13.47 13.47
6.01 6.71 5.33 5.22 5.63 3.92 9.98 10.07 8.85 9.72 10.92 13.85 17.56
Total Assets 13.88 14.72 15.11 15.63 16.47 18.73 24.99 24.79 23.51 24.31 25.45 28.31 31.99

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.10 1.86 2.02 0.35 0.69 1.38 5.87 -0.66 -1.23 0.93 1.19 2.44
-1.73 -1.34 -1.66 -0.71 -0.31 -2.85 -5.75 0.63 0.35 0.34 0.30 0.48
0.00 0.11 -0.04 -0.04 0.28 1.39 -0.10 0.01 -0.04 -0.09 -0.15 -0.08
Net Cash Flow -1.63 0.63 0.32 -0.40 0.66 -0.08 0.02 -0.02 -0.93 1.17 1.34 2.84

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 468.46 127.30 15.27 41.24 4.15 12.26 2.01 4.22 8.40 7.82 6.42 4.40
Inventory Days
Days Payable
Cash Conversion Cycle 468.46 127.30 15.27 41.24 4.15 12.26 2.01 4.22 8.40 7.82 6.42 4.40
Working Capital Days 1,152.48 155.46 -59.68 -131.98 -110.61 -10.10 -38.47 32.49 203.12 259.41 138.30 54.50
ROCE % 3.01% 3.72% 3.81% 2.96% 4.63% 9.12% 16.99% 10.71% 5.57% 3.16% 7.58% 10.03%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
37.82% 37.82% 37.82% 37.82% 37.82% 37.42% 37.81% 37.82% 37.83% 37.81% 37.81% 37.81%
No. of Shareholders 1,5451,5451,5901,6891,6671,6751,6851,6001,5961,5671,6151,568

* 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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