Sumedha Fiscal Services Ltd

₹ 42.0 -2.60%

06 Dec 12:55 p.m.

About

Incorporated in 1989, Sumedha Fiscal Services Ltd is engaged in investment banking and other corporate services.

Key Points

Business Overview:^[1]
Company is registered as a Category 1 Merchant Banker with SEBI and is present in Kolkata, Bangalore, Guwahati, Mumbai, Jaipur, Chennai, Ahmedabad, Delhi and Hyderabad.

Website BSE

Market Cap ₹ 33.5 Cr.
Current Price ₹ 42.0
High / Low ₹ 134 / 36.0
Stock P/E 7.46
Book Value ₹ 68.0
Dividend Yield 2.40 %
ROCE 3.78 %
ROE 2.97 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is almost debt free.
Stock is trading at 0.63 times its book value
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 29.2%
Company's working capital requirements have reduced from 202 days to 114 days

Cons

Company has a low return on equity of 9.30% 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

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
	3.42	4.98	7.07	11.15	15.30	14.66	15.57	9.99	18.33	22.30	10.07	16.96	25.59
	0.95	2.06	5.84	8.84	13.52	14.57	14.56	11.01	15.85	19.81	11.78	14.35	22.59
Operating Profit	2.47	2.92	1.23	2.31	1.78	0.09	1.01	-1.02	2.48	2.49	-1.71	2.61	3.00
OPM %	72.22%	58.63%	17.40%	20.72%	11.63%	0.61%	6.49%	-10.21%	13.53%	11.17%	-16.98%	15.39%	11.72%
	0.12	0.01	0.01	0.00	0.05	0.01	0.00	0.00	0.03	0.01	0.01	0.00	0.00
Interest	0.00	0.00	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.01	-0.01	0.00	0.00
Depreciation	0.13	0.12	0.14	0.13	0.13	0.14	0.14	0.16	0.16	0.16	0.17	0.19	0.19
Profit before tax	2.46	2.81	1.05	2.18	1.70	-0.04	0.87	-1.18	2.35	2.33	-1.86	2.42	2.81
Tax %	-5.69%	19.22%	28.57%	17.43%	45.29%	-1,000.00%	56.32%	18.64%	15.74%	16.31%	6.45%	14.05%	29.89%
	2.80	2.36	0.65	1.76	0.98	-0.01	0.33	-0.73	2.02	1.09	-0.85	2.11	2.16
EPS in Rs	3.51	2.96	0.81	2.20	1.23	-0.01	0.41	-0.91	2.53	1.37	-1.06	2.64	2.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	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
	12.92	12.57	13.89	18.01	11.71	16.25	21.66	18.61	18.08	20.00	56.68	60.69	74.92
	9.27	9.92	8.65	13.61	9.73	11.35	16.61	12.46	21.18	9.69	51.47	58.44	68.53
Operating Profit	3.65	2.65	5.24	4.40	1.98	4.90	5.05	6.15	-3.10	10.31	5.21	2.25	6.39
OPM %	28.25%	21.08%	37.72%	24.43%	16.91%	30.15%	23.31%	33.05%	-17.15%	51.55%	9.19%	3.71%	8.53%
	1.76	0.21	0.09	0.05	0.05	0.78	0.07	0.39	0.58	0.22	0.45	0.35	0.02
Interest	0.13	0.05	0.05	0.04	0.01	0.06	0.06	0.07	0.10	0.06	0.01	0.00	0.00
Depreciation	0.42	0.41	0.39	0.76	0.48	0.45	0.50	0.53	0.54	0.52	0.55	0.65	0.71
Profit before tax	4.86	2.40	4.89	3.65	1.54	5.17	4.56	5.94	-3.16	9.95	5.10	1.95	5.70
Tax %	27.16%	33.33%	29.24%	30.41%	37.01%	30.56%	19.96%	24.24%	9.81%	13.07%	40.00%	21.03%
	3.58	1.70	3.47	2.57	1.20	3.60	3.65	4.50	-2.86	8.66	3.06	1.53	4.51
EPS in Rs	4.48	2.13	4.35	3.22	1.50	4.51	4.57	5.64	-3.58	10.85	3.83	1.92	5.66
Dividend Payout %	17.83%	23.47%	18.40%	24.84%	33.25%	22.17%	21.86%	17.73%	-16.74%	9.21%	26.08%	52.16%

Compounded Sales Growth
10 Years:	17%
5 Years:	23%
3 Years:	50%
TTM:	28%

Compounded Profit Growth
10 Years:	-1%
5 Years:	-16%
3 Years:	36%
TTM:	180%

Stock Price CAGR
10 Years:	17%
5 Years:	19%
3 Years:	26%
1 Year:	-69%

Return on Equity
10 Years:	8%
5 Years:	7%
3 Years:	9%
Last Year:	3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	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	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98
Reserves	17.85	19.08	21.80	23.60	24.32	28.19	30.98	34.47	30.43	38.94	42.33	42.81	46.28
	0.54	0.43	0.47	0.08	0.10	0.04	0.24	0.19	0.14	0.09	0.03	0.00	0.00
	3.67	2.80	4.11	3.39	3.28	3.39	3.07	1.97	2.58	1.25	2.03	2.42	3.11
Total Liabilities	30.04	30.29	34.36	35.05	35.68	39.60	42.27	44.61	41.13	48.26	52.37	53.21	57.37
	9.51	9.34	9.10	8.58	8.37	8.45	9.79	9.42	11.24	13.43	13.85	14.88	14.65
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	5.23	4.99	5.47	5.86	5.62	7.33	9.48	8.93	9.11	9.64	11.12	14.41	18.15
	15.30	15.96	19.79	20.61	21.69	23.82	23.00	26.26	20.78	25.19	27.40	23.92	24.57
Total Assets	30.04	30.29	34.36	35.05	35.68	39.60	42.27	44.61	41.13	48.26	52.37	53.21	57.37

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	1.72	-0.03	0.12	3.75	-1.78	4.10	3.85	3.12	-3.64	2.39	4.42	1.03
	-0.75	0.71	-0.01	-0.50	0.90	-1.10	-3.08	3.11	-2.68	-3.85	-2.49	-1.16
	-1.34	-0.90	-0.40	-1.07	0.49	-0.58	-0.80	-1.04	-1.11	-0.59	-0.87	-0.84
Net Cash Flow	-0.37	-0.22	-0.29	2.17	-0.40	2.42	-0.04	5.20	-7.43	-2.05	1.05	-0.98

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	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	79.38	71.14	141.38	73.57	186.08	112.76	87.12	77.08	97.51	87.78	14.55	13.11
Inventory Days	523.88	270.10		285.68	599.15	730.00	221.42	692.41	160.48	1,019.96	104.87	107.03
Days Payable	49.38	42.76		10.53	118.45	94.34	45.41	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle	553.88	298.48	141.38	348.71	666.78	748.41	263.13	769.49	257.99	1,107.74	119.42	120.14
Working Capital Days	103.96	106.28	167.13	130.92	259.65	183.06	164.81	244.18	291.11	368.47	122.55	113.67
ROCE %	14.63%	9.21%	17.18%	11.92%	4.81%	15.22%	12.28%	14.69%	-7.56%	23.40%	10.42%	3.78%

Shareholding Pattern

Numbers in percentages

	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
	49.57%	49.57%	49.57%	49.57%	49.57%	49.57%	49.57%	49.56%	49.56%	49.56%	49.56%	49.56%
	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%
	50.34%	50.34%	50.34%	50.34%	50.34%	50.34%	50.34%	50.34%	50.34%	50.35%	50.35%	50.34%
No. of Shareholders	2,712	2,640	3,109	3,252	3,796	3,513	3,162	2,960	11,105	9,390	8,721	9,244

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
	49.57%	49.57%	49.57%	49.57%	49.57%	49.57%	49.56%	49.56%
	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%
	50.34%	50.34%	50.34%	50.34%	50.34%	50.34%	50.35%	50.34%
No. of Shareholders	2,267	3,212	3,039	2,903	2,640	3,513	9,390	9,244

* 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.

Documents

Announcements

All

Sumedha Fiscal Services Ltd

Sumedha Fiscal Services Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports