Glance Finance Ltd
Incorporated in 1995, Glance Finance Ltd provides Non-banking Finance activities consisting mainly of investments and providing loans[1]
- Market Cap ₹ 21.8 Cr.
- Current Price ₹ 96.7
- High / Low ₹ 109 / 49.0
- Stock P/E 12.9
- Book Value ₹ 133
- Dividend Yield 0.00 %
- ROCE 1.97 %
- ROE -1.18 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.73 times its book value
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 4.79% 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
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.60 | 10.97 | 12.77 | 20.04 | 13.60 | 9.37 | 10.31 | 3.38 | 5.38 | 3.86 | 7.86 | 8.21 | 16.19 | |
2.94 | 8.56 | 11.03 | 17.70 | 13.18 | 8.94 | 9.59 | 3.63 | 5.65 | 1.06 | 1.87 | 3.23 | 6.74 | |
Operating Profit | 3.66 | 2.41 | 1.74 | 2.34 | 0.42 | 0.43 | 0.72 | -0.25 | -0.27 | 2.80 | 5.99 | 4.98 | 9.45 |
OPM % | 55.45% | 21.97% | 13.63% | 11.68% | 3.09% | 4.59% | 6.98% | -7.40% | -5.02% | 72.54% | 76.21% | 60.66% | 58.37% |
0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | -0.03 | -0.01 | 0.00 | 0.21 | 0.08 | 0.08 | 0.02 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.18 | 0.70 | 1.02 | 1.20 |
Depreciation | 0.04 | 0.06 | 0.08 | 0.12 | 0.10 | 0.08 | 0.07 | 0.04 | 0.06 | 0.43 | 2.37 | 4.36 | 5.77 |
Profit before tax | 3.62 | 2.36 | 1.67 | 2.22 | 0.32 | 0.35 | 0.62 | -0.30 | -0.34 | 2.40 | 3.00 | -0.32 | 2.50 |
Tax % | 20.17% | 27.97% | 28.14% | 31.98% | 6.25% | -34.29% | 48.39% | 66.67% | 138.24% | 47.92% | 30.00% | 9.38% | |
2.89 | 1.70 | 1.19 | 1.52 | 0.30 | 0.46 | 0.33 | -0.10 | 0.12 | 1.27 | 2.10 | -0.29 | 1.69 | |
EPS in Rs | 9.61 | 5.66 | 3.96 | 5.06 | 1.00 | 1.53 | 1.10 | -0.33 | 0.53 | 5.63 | 9.31 | -1.29 | 7.48 |
Dividend Payout % | 0.00% | 0.00% | 19.10% | 14.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | -4% |
3 Years: | 15% |
TTM: | 110% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 377% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 18% |
3 Years: | 28% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | 5% |
Last Year: | -1% |
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 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 3.03 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 |
Reserves | 8.58 | 10.29 | 11.22 | 12.45 | 12.75 | 13.20 | 13.53 | 16.96 | 12.51 | 17.92 | 21.87 | 22.81 | 27.69 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.61 | 2.73 | 8.90 | 12.85 | 10.42 | |
0.60 | 0.45 | 0.77 | 0.43 | 0.19 | 0.27 | 0.15 | 1.00 | 0.29 | 1.73 | 4.24 | 3.57 | 3.27 | |
Total Liabilities | 12.21 | 13.77 | 15.02 | 15.91 | 15.97 | 16.50 | 16.71 | 20.99 | 16.69 | 24.66 | 37.29 | 41.51 | 43.66 |
0.46 | 0.66 | 0.59 | 0.45 | 0.33 | 0.18 | 0.12 | 0.05 | 2.98 | 5.94 | 17.56 | 22.94 | 23.82 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 | 0.00 |
Investments | 7.73 | 6.06 | 6.16 | 5.65 | 5.71 | 6.07 | 10.38 | 6.48 | 2.86 | 5.21 | 6.41 | 9.48 | 12.73 |
4.02 | 7.05 | 8.27 | 9.81 | 9.93 | 10.25 | 6.21 | 14.46 | 10.85 | 13.38 | 13.32 | 9.09 | 7.11 | |
Total Assets | 12.21 | 13.77 | 15.02 | 15.91 | 15.97 | 16.50 | 16.71 | 20.99 | 16.69 | 24.66 | 37.29 | 41.51 | 43.66 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.10 | -0.88 | 0.00 | 0.94 | -1.54 | -1.29 | 4.14 | 1.16 | 2.98 | 2.63 | 3.27 | 4.69 | |
-1.23 | 0.80 | 0.00 | 0.94 | 0.89 | -0.18 | -4.15 | -1.10 | -0.69 | -2.79 | -9.48 | -7.34 | |
0.01 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.14 | 0.95 | 5.46 | 2.55 | |
Net Cash Flow | -0.12 | 0.19 | 0.00 | 1.88 | -0.65 | -1.46 | -0.01 | 0.07 | 0.15 | 0.79 | -0.76 | -0.10 |
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 | 18.25 | 52.90 | 28.01 | 6.37 | 6.71 | 2.73 | 0.00 | 0.00 | 7.46 | 36.88 | 13.93 | 23.12 |
Inventory Days | 224.62 | 66.52 | 149.44 | 204.78 | 261.05 | 508.69 | 260.58 | 824.76 | 201.54 | 561.16 | ||
Days Payable | 18.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.17 | 3.97 | 89.39 | ||
Cash Conversion Cycle | 224.15 | 119.42 | 177.45 | 211.16 | 267.76 | 511.42 | 260.58 | 823.59 | 205.04 | 36.88 | 13.93 | 494.89 |
Working Capital Days | 184.16 | 213.61 | 186.07 | 130.04 | 217.93 | 380.58 | 201.44 | 779.67 | 287.66 | 392.42 | 241.48 | 256.97 |
ROCE % | 35.63% | 18.93% | 12.11% | 14.93% | 2.05% | 2.19% | 3.96% | -1.59% | -1.81% | 13.12% | 13.22% | 1.97% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 23 Apr
- Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulation, 2015 For The Year Ended 31St March, 2024 18 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Certificate under Regulation 74(5) of the SEBI (DP) Regulation, 2018 for the quarter ended and year ended March 31, 2024
- Closure of Trading Window 29 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jan - Newspaper publication of extract of unaudited financial results for the quarter and nine months ended 31st December, 2023
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1]
Company is in the business of Finance & Investment activities and in providing ancillary services related to the said business activities.