Explicit Finance Ltd

₹ 3.80 0.00%
25 Nov - close price
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.

  • Market Cap 3.52 Cr.
  • Current Price 3.80
  • High / Low 4.78 / 2.24
  • Stock P/E
  • Book Value 8.30
  • Dividend Yield 0.00 %
  • ROCE -3.36 %
  • ROE -3.36 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.46 times its book value
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 85.5 days to 45.8 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 12.1%
  • Company has a low return on equity of -1.34% 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
1.01 0.98 1.38 0.99 1.64 2.32 1.71 2.83 2.58 3.69 2.93 4.22 6.40
1.45 1.38 0.85 0.97 1.20 2.50 2.05 2.61 2.29 3.37 4.27 4.53 6.29
Operating Profit -0.44 -0.40 0.53 0.02 0.44 -0.18 -0.34 0.22 0.29 0.32 -1.34 -0.31 0.11
OPM % -43.56% -40.82% 38.41% 2.02% 26.83% -7.76% -19.88% 7.77% 11.24% 8.67% -45.73% -7.35% 1.72%
0.02 0.03 0.00 0.00 0.01 0.00 0.02 0.00 0.00 0.00 0.24 0.01 -0.01
Interest 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
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 -0.42 -0.37 0.53 0.02 0.45 -0.18 -0.32 0.22 0.29 0.32 -1.10 -0.30 0.10
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%
Net Profit -0.42 -0.37 0.53 0.02 0.45 -0.18 -0.32 0.22 0.29 0.32 -1.10 -0.30 0.10
EPS in Rs -0.45 -0.40 0.57 0.02 0.49 -0.19 -0.35 0.24 0.31 0.35 -1.19 -0.32 0.11
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
5.83 16.51 2.11 8.36 7.21 5.65 5.55 12.20 4.55 7.19 6.66 12.03 17.24
-0.24 16.28 2.12 8.44 7.19 5.62 5.60 12.34 4.73 7.25 6.73 12.55 18.46
Operating Profit 6.07 0.23 -0.01 -0.08 0.02 0.03 -0.05 -0.14 -0.18 -0.06 -0.07 -0.52 -1.22
OPM % 104.12% 1.39% -0.47% -0.96% 0.28% 0.53% -0.90% -1.15% -3.96% -0.83% -1.05% -4.32% -7.08%
0.00 0.00 -0.01 0.02 0.00 0.00 0.00 0.01 0.10 0.04 0.04 0.25 0.24
Interest 6.09 0.14 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.01 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.02 0.08 -0.02 -0.06 0.00 0.00 -0.06 -0.14 -0.08 -0.02 -0.03 -0.27 -0.98
Tax % -50.00% 12.50% 0.00% 0.00% -500.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.03 0.07 -0.02 -0.07 0.00 0.00 -0.36 -0.14 -0.08 -0.02 -0.03 -0.27 -0.98
EPS in Rs -0.09 0.12 -0.02 -0.08 0.00 0.00 -0.39 -0.15 -0.09 -0.02 -0.03 -0.29 -1.05
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: -3%
5 Years: 17%
3 Years: 38%
TTM: 83%
Compounded Profit Growth
10 Years: %
5 Years: 5%
3 Years: %
TTM: -9900%
Stock Price CAGR
10 Years: -8%
5 Years: 9%
3 Years: 19%
1 Year: 29%
Return on Equity
10 Years: -1%
5 Years: -1%
3 Years: -1%
Last Year: -3%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
3.27 5.77 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27 9.27
Reserves -0.46 -0.38 -0.41 -0.48 -0.48 -0.48 -0.84 -0.98 -1.35 -1.49 -1.11 -1.38 -1.58
0.00 0.00 0.38 0.00 0.21 0.03 0.03 0.02 0.00 0.00 0.00 0.00 0.00
0.02 1.51 0.27 0.01 0.08 0.08 0.15 0.15 0.14 0.37 0.41 0.03 0.32
Total Liabilities 2.83 6.90 9.51 8.80 9.08 8.90 8.61 8.46 8.06 8.15 8.57 7.92 8.01
0.03 0.02 0.05 0.04 0.03 0.02 0.02 0.01 0.01 0.00 0.00 0.00 0.00
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 0.10 0.08 0.05 0.05 0.05 0.05 0.85 0.57 0.44 0.00 0.00 6.36
2.70 6.78 9.38 8.71 9.00 8.83 8.54 7.60 7.48 7.71 8.57 7.92 1.65
Total Assets 2.83 6.90 9.51 8.80 9.08 8.90 8.61 8.46 8.06 8.15 8.57 7.92 8.01

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0.01 -4.03 0.00 0.41 -0.29 0.19 -0.01 1.19 -0.35 -0.05 -0.52 0.33
0.04 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
Net Cash Flow 0.02 0.02 0.00 0.04 -0.08 0.02 -0.01 0.38 -0.35 -0.02 0.33 0.34

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 0.00 0.00 0.00 7.86 0.00 0.00 0.00 0.00 4.01 34.52 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
Days Payable 0.23 50.48 0.00 3.67 4.78 8.95 3.61 0.00 0.00 3.70 1.06
Cash Conversion Cycle 0.00 38.16 242.69 22.39 11.52 13.67 26.17 50.55 182.87 122.14 112.83 51.54
Working Capital Days 150.88 143.04 1,529.19 366.75 440.43 562.04 549.80 210.62 180.49 105.59 105.23 45.81
ROCE % 214.49% 5.37% -0.14% -0.67% 0.11% 0.22% -0.69% -1.67% -0.99% -0.25% -0.38% -3.36%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
12.09 12.09 12.09 12.09 12.09 12.09 12.09 12.09 12.09 12.09 12.09 12.10
87.91 87.91 87.91 87.91 87.91 87.91 87.91 87.91 87.91 87.91 87.91 87.90

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