Explicit Finance Ltd

Explicit Finance Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Explicit Finance Ltd

₹ 5.01 -4.93%
05 Dec 10:56 a.m.
explicitfinance.net BSE: 530571
About

Explicit Finance is a non-banking financial company engaged in Secondary capital market activities and also provide a wide range of services including: Individual/Corporate Finance, Loans against Shares and securities , Loans against property, Financial Consultancy Services.

Key Points

Overview[1]
Explicit Finance Ltd.(formerly known as Shubhyog Finlease Ltd.) is a registered Non-Banking Finance Company (NBFC). The company was incorporated in 1994.

Website BSE
  • Market Cap ₹ 4.64 Cr.
  • Current Price ₹ 5.01
  • High / Low ₹ 8.81 / 2.95
  • Stock P/E 116
  • Book Value ₹ 8.34
  • Dividend Yield 0.00 %
  • ROCE 0.25 %
  • ROE 0.13 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.63 times its book value

Cons

  • Promoter holding is low: 12.1%
  • Company has a low return on equity of -1.21% 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: Stock/ Commodity Brokers Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

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
1.64 2.32 1.71 2.83 2.58 3.69 2.93 4.22 6.40 8.65 3.59 0.41 2.69
1.20 2.50 2.05 2.61 2.29 3.37 4.27 4.57 6.29 8.78 3.24 0.47 2.80
Operating Profit 0.44 -0.18 -0.34 0.22 0.29 0.32 -1.34 -0.35 0.11 -0.13 0.35 -0.06 -0.11
OPM % 26.83% -7.76% -19.88% 7.77% 11.24% 8.67% -45.73% -8.29% 1.72% -1.50% 9.75% -14.63% -4.09%
0.01 0.00 0.02 0.00 0.00 0.00 0.24 0.00 -0.01 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00
Depreciation 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
Profit before tax 0.45 -0.18 -0.32 0.22 0.29 0.32 -1.10 -0.35 0.10 -0.13 0.34 -0.06 -0.11
Tax % 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%
0.45 -0.18 -0.32 0.22 0.29 0.32 -1.10 -0.35 0.10 -0.13 0.34 -0.06 -0.11
EPS in Rs 0.49 -0.19 -0.35 0.24 0.31 0.35 -1.19 -0.38 0.11 -0.14 0.37 -0.06 -0.12
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
16.51 2.11 8.36 7.21 5.65 5.55 12.20 4.55 7.19 6.66 12.03 22.86 15.34
16.28 2.12 8.44 7.19 5.62 5.60 12.34 4.73 7.25 6.73 12.55 22.85 15.29
Operating Profit 0.23 -0.01 -0.08 0.02 0.03 -0.05 -0.14 -0.18 -0.06 -0.07 -0.52 0.01 0.05
OPM % 1.39% -0.47% -0.96% 0.28% 0.53% -0.90% -1.15% -3.96% -0.83% -1.05% -4.32% 0.04% 0.33%
0.00 -0.01 0.02 0.00 0.00 0.00 0.01 0.10 0.04 0.04 0.25 0.01 0.00
Interest 0.14 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01
Depreciation 0.01 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.08 -0.02 -0.06 0.00 0.00 -0.06 -0.14 -0.08 -0.02 -0.03 -0.27 0.01 0.04
Tax % 12.50% 0.00% 0.00% -500.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.07 -0.02 -0.07 0.00 0.00 -0.36 -0.14 -0.08 -0.02 -0.03 -0.27 0.01 0.04
EPS in Rs 0.12 -0.02 -0.08 0.00 0.00 -0.39 -0.15 -0.09 -0.02 -0.03 -0.29 0.01 0.05
Dividend Payout % 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: 27%
5 Years: 13%
3 Years: 47%
TTM: -11%
Compounded Profit Growth
10 Years: 12%
5 Years: 16%
3 Years: 36%
TTM: 104%
Stock Price CAGR
10 Years: -5%
5 Years: %
3 Years: 45%
1 Year: 32%
Return on Equity
10 Years: -1%
5 Years: -1%
3 Years: -1%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

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 5.77 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27
Reserves -0.38 -0.41 -0.48 -0.48 -0.48 -0.84 -0.98 -1.35 -1.49 -1.11 -1.38 -1.37 -1.54
0.00 0.38 0.00 0.21 0.03 0.03 0.02 0.00 0.00 0.00 0.00 0.00 0.04
1.51 0.27 0.01 0.08 0.08 0.15 0.15 0.14 0.37 0.41 0.03 0.02 0.02
Total Liabilities 6.90 9.51 8.80 9.08 8.90 8.61 8.46 8.06 8.15 8.57 7.92 7.92 7.79
0.02 0.05 0.04 0.03 0.02 0.02 0.01 0.01 0.00 0.00 0.00 0.01 0.01
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 0.10 0.08 0.05 0.05 0.05 0.05 0.85 0.57 0.44 0.00 0.00 0.00 0.00
6.78 9.38 8.71 9.00 8.83 8.54 7.60 7.48 7.71 8.57 7.92 7.91 7.78
Total Assets 6.90 9.51 8.80 9.08 8.90 8.61 8.46 8.06 8.15 8.57 7.92 7.92 7.79

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-4.03 0.00 0.41 -0.29 0.19 -0.01 1.19 -0.35 -0.05 -0.52 0.33 0.89
0.04 0.00 0.01 0.00 0.00 0.00 -0.80 0.00 0.03 0.85 0.01 -0.01
4.01 0.00 -0.38 0.21 -0.18 0.00 -0.01 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.02 0.00 0.04 -0.08 0.02 -0.01 0.38 -0.35 -0.02 0.33 0.34 0.88

Ratios

Figures in Rs. Crores

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 0.00 0.00 7.86 0.00 0.00 0.00 0.00 4.01 34.52 0.00 0.00 0.00
Inventory Days 38.39 293.16 14.53 15.19 18.46 35.12 54.16 178.86 87.62 116.53 52.60 8.46
Days Payable 0.23 50.48 0.00 3.67 4.78 8.95 3.61 0.00 0.00 3.70 1.06 0.49
Cash Conversion Cycle 38.16 242.69 22.39 11.52 13.67 26.17 50.55 182.87 122.14 112.83 51.54 7.97
Working Capital Days 143.04 1,529.19 366.75 440.43 562.04 549.80 210.62 180.49 105.59 105.23 45.81 8.62
ROCE % 5.37% -0.14% -0.67% 0.11% 0.22% -0.69% -1.67% -0.99% -0.25% -0.38% -3.36% 0.25%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
12.09% 12.09% 12.09% 12.09% 12.09% 12.09% 12.09% 12.10% 12.10% 12.10% 12.10% 12.10%
87.91% 87.91% 87.91% 87.91% 87.91% 87.91% 87.91% 87.90% 87.91% 87.92% 87.91% 87.91%
No. of Shareholders 1,8161,8291,8821,9092,0232,0932,1512,1742,2172,2552,2692,259

Documents

Announcements

Annual reports