Sumedha Fiscal Services Ltd

Sumedha Fiscal Services is a front ranking financial services Company.

Pros:
Company has reduced debt.
Company is virtually debt free.
Stock is trading at 0.33 times its book value
Stock is providing a good dividend yield of 5.70%.
Company has been maintaining a healthy dividend payout of 20.59%
Cons:
Company has a low return on equity of 10.44% for last 3 years.

Peer Comparison Sector: Finance // Industry: Finance & Investments

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Mar 2019 Jun 2019
4.43 5.37 4.25
3.82 2.13 3.94
Operating Profit 0.61 3.24 0.31
OPM % 13.77% 60.34% 7.29%
Other Income 0.00 0.00 0.00
Interest 0.01 0.02 0.00
Depreciation 0.13 0.13 0.13
Profit before tax 0.47 3.09 0.18
Tax % 23.40% 28.48% 55.56%
Net Profit 0.36 2.23 0.22
Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
7.77 8.94 14.05 13.35 12.92 12.57 13.89 18.01 11.71 16.25 21.66 18.61
4.67 5.32 6.34 6.73 9.26 9.92 8.65 13.61 9.73 11.35 16.61 12.46
Operating Profit 3.10 3.62 7.71 6.62 3.66 2.65 5.24 4.40 1.98 4.90 5.05 6.15
OPM % 39.90% 40.49% 54.88% 49.59% 28.33% 21.08% 37.72% 24.43% 16.91% 30.15% 23.31% 33.05%
Other Income -0.05 0.26 0.00 0.14 1.75 0.21 0.09 0.05 0.05 0.78 0.07 0.39
Interest 0.06 0.05 0.01 0.18 0.13 0.05 0.05 0.04 0.01 0.06 0.06 0.07
Depreciation 0.23 0.27 0.27 0.38 0.42 0.41 0.39 0.76 0.48 0.45 0.50 0.53
Profit before tax 2.76 3.56 7.43 6.20 4.86 2.40 4.89 3.65 1.54 5.17 4.56 5.94
Tax % 34.78% 37.92% 33.38% 30.81% 27.16% 33.33% 29.24% 30.41% 37.01% 30.56% 19.96% 24.24%
Net Profit 1.83 2.21 4.95 4.50 3.58 1.70 3.47 2.57 1.20 3.60 3.65 4.50
EPS in Rs 2.64 3.15 7.13 6.44 4.36 2.05 4.20 3.06 1.40 4.40 4.57 5.64
Dividend Payout % 25.40% 22.98% 11.02% 12.18% 17.83% 23.47% 18.40% 24.84% 33.25% 22.17% 21.86% 17.73%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:7.61%
5 Years:6.03%
3 Years:16.70%
TTM:-14.08%
Compounded Profit Growth
10 Years:7.37%
5 Years:5.28%
3 Years:55.36%
TTM:22.95%
Return on Equity
10 Years:11.55%
5 Years:8.86%
3 Years:10.44%
Last Year:11.06%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
6.64 6.77 6.82 6.85 7.98 7.98 7.98 7.98 7.98 7.98 7.98 7.98
Reserves 2.73 4.46 8.77 12.63 17.85 19.08 21.80 23.60 24.32 28.19 30.98 34.47
Borrowings 0.37 0.13 0.15 5.14 0.54 0.43 0.47 0.08 0.10 0.04 0.24 0.19
5.38 4.51 3.98 3.59 3.68 2.82 4.22 3.56 3.45 3.51 3.23 2.06
Total Liabilities 15.12 15.87 19.72 28.21 30.05 30.31 34.47 35.22 35.85 39.72 42.43 44.70
4.72 4.56 4.94 10.05 9.51 9.34 9.10 8.58 8.37 8.45 9.79 9.42
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 1.00 1.77 5.86 2.56 5.23 4.99 5.47 5.86 5.62 7.33 9.48 8.93
9.40 9.54 8.92 15.60 15.31 15.98 19.90 20.78 21.86 23.94 23.16 26.35
Total Assets 15.12 15.87 19.72 28.21 30.05 30.31 34.47 35.22 35.85 39.72 42.43 44.70

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
2.18 1.29 5.57 -0.49 1.72 -0.03 0.12 3.75 -1.78 4.10 3.85 3.10
-0.05 -0.87 -4.26 -2.13 -0.75 0.71 -0.01 -0.50 0.90 -1.10 -3.08 3.13
-0.36 -0.57 -0.57 3.71 -1.34 -0.90 -0.40 -1.07 0.49 -0.58 -0.80 -1.04
Net Cash Flow 1.77 -0.15 0.74 1.09 -0.37 -0.22 -0.29 2.17 -0.40 2.42 -0.04 5.20

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 31.57% 34.22% 55.06% 31.02% 14.63% 9.21% 17.18% 11.92% 4.81% 15.22% 12.28% 14.69%
Debtor Days 171.46 137.18 44.16 70.81 79.38 71.14 141.38 73.57 186.08 112.76 87.12 77.08
Inventory Turnover 12.33 14.42 16.06 8.75 5.82 5.00 4.29 4.24 2.61 3.58 4.40 3.07