Nalin Lease Finance Ltd

Nalin Lease Fin. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nalin Lease Finance Ltd

₹ 37.7 -3.41%
29 Nov - close price
nalinfin.co.in BSE: 531212
About

Incorporated in 1990, Nalin Lease Finance Ltd is a fund based financial services company based in Gujarat[1]

Key Points

Business Overview:[1][2]
Company is Non-Systemically Important Non-Deposit taking non-banking financing company registered with RBI. It offers loans against gold jewelry to small businessmen, vendors, traders, farmers, and salaried people. At present, it is serving over 3074 customers across rural and semi-urban business segments in Gujarat

Website BSE
  • Market Cap ₹ 24.7 Cr.
  • Current Price ₹ 37.7
  • High / Low ₹ 43.9 / 26.2
  • Stock P/E 7.51
  • Book Value ₹ 45.0
  • Dividend Yield 0.00 %
  • ROCE 15.2 %
  • ROE 11.5 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.84 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 10.9% over past five years.
  • Company has a low return on equity of 11.5% 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

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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
1.20 1.31 1.40 1.14 1.54 1.44 1.48 1.41 1.52 1.53 1.30 1.53 1.69
-0.04 0.19 0.60 0.40 0.42 0.77 0.38 0.43 0.48 0.33 0.50 0.47 0.43
Operating Profit 1.24 1.12 0.80 0.74 1.12 0.67 1.10 0.98 1.04 1.20 0.80 1.06 1.26
OPM % 103.33% 85.50% 57.14% 64.91% 72.73% 46.53% 74.32% 69.50% 68.42% 78.43% 61.54% 69.28% 74.56%
0.00 0.00 0.00 0.01 0.00 0.00 0.07 0.03 0.04 0.04 0.08 0.11 0.30
Interest 0.05 0.01 0.00 0.03 0.04 0.02 0.01 0.01 0.01 0.02 0.03 0.05 0.10
Depreciation 0.03 0.03 0.03 0.03 0.03 0.02 0.02 0.03 0.03 0.04 0.04 0.04 0.04
Profit before tax 1.16 1.08 0.77 0.69 1.05 0.63 1.14 0.97 1.04 1.18 0.81 1.08 1.42
Tax % 26.72% 18.52% 24.68% 27.54% 24.76% 25.40% 25.44% 24.74% 25.96% 25.42% 23.46% 27.78% 27.46%
0.84 0.88 0.58 0.50 0.78 0.48 0.85 0.74 0.76 0.88 0.61 0.77 1.03
EPS in Rs 1.28 1.34 0.88 0.76 1.19 0.73 1.30 1.13 1.16 1.34 0.93 1.17 1.57
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
3.16 3.52 3.16 2.98 2.41 2.73 3.54 4.49 5.07 4.89 5.62 5.95 6.05
2.05 2.19 1.92 1.74 1.21 1.13 1.19 1.12 1.65 1.35 1.90 1.68 1.73
Operating Profit 1.11 1.33 1.24 1.24 1.20 1.60 2.35 3.37 3.42 3.54 3.72 4.27 4.32
OPM % 35.13% 37.78% 39.24% 41.61% 49.79% 58.61% 66.38% 75.06% 67.46% 72.39% 66.19% 71.76% 71.40%
0.10 0.02 -0.03 0.00 0.02 0.00 -0.01 0.00 0.21 -0.01 -0.01 -0.05 0.53
Interest 0.38 0.39 0.23 0.04 0.03 0.15 0.86 0.94 0.75 0.09 0.10 0.08 0.20
Depreciation 0.04 0.04 0.04 0.15 0.09 0.09 0.06 0.07 0.11 0.13 0.10 0.15 0.16
Profit before tax 0.79 0.92 0.94 1.05 1.10 1.36 1.42 2.36 2.77 3.31 3.51 3.99 4.49
Tax % 32.91% 30.43% 29.79% 28.57% 35.45% 32.35% 28.17% 27.12% 28.16% 23.87% 25.93% 25.31%
0.53 0.64 0.65 0.75 0.71 0.93 1.01 1.72 1.99 2.52 2.60 2.99 3.29
EPS in Rs 1.62 1.96 1.99 2.30 2.18 2.85 3.10 5.27 3.03 3.84 3.96 4.56 5.01
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 13.02% 0.00% 0.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 11%
3 Years: 5%
TTM: 3%
Compounded Profit Growth
10 Years: 17%
5 Years: 24%
3 Years: 18%
TTM: 16%
Stock Price CAGR
10 Years: 14%
5 Years: 13%
3 Years: 25%
1 Year: 29%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 11%
Last Year: 12%

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 3.26 3.26 3.26 3.26 3.26 3.26 3.26 6.56 6.56 6.56 6.56 6.56 6.56
Reserves 2.94 3.60 4.27 5.04 5.77 6.58 7.60 11.35 13.34 15.86 18.13 21.13 22.93
4.32 3.51 0.39 2.43 1.01 3.76 7.38 6.14 4.38 0.16 0.45 1.55 4.42
0.30 0.33 0.32 0.33 0.44 0.22 0.29 0.41 0.83 0.93 0.95 1.08 0.76
Total Liabilities 10.82 10.70 8.24 11.06 10.48 13.82 18.53 24.46 25.11 23.51 26.09 30.32 34.67
0.28 0.29 0.36 0.54 0.46 0.39 0.28 0.48 0.34 0.24 0.52 0.97 1.03
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.00
Investments 0.67 0.68 0.73 0.00 0.00 0.00 0.00 0.00 0.00 0.77 1.02 4.57 8.21
9.87 9.73 7.15 10.52 10.02 13.43 18.25 23.98 24.77 22.50 24.55 24.69 25.43
Total Assets 10.82 10.70 8.24 11.06 10.48 13.82 18.53 24.46 25.11 23.51 26.09 30.32 34.67

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
1.06 0.90 2.76 -0.29 -0.41 -3.54 -4.00 1.20 4.03 2.09 0.78 3.65
-0.09 -0.14 -0.59 0.40 -0.01 0.03 0.04 0.04 0.49 -0.82 -0.56 -4.27
0.04 -0.81 -3.12 2.04 -1.42 2.75 3.63 -1.24 -1.77 -4.21 -0.03 1.09
Net Cash Flow 1.01 -0.05 -0.95 2.15 -1.84 -0.76 -0.33 0.00 2.76 -2.94 0.18 0.48

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 889.40 783.92 680.33 875.76 1,284.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 889.40 783.92 680.33 875.76 1,284.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 888.24 784.96 686.11 876.98 1,269.17 1,278.17 1,427.01 -17.07 -12.24 -2.99 -2.60 8.59
ROCE % 11.53% 12.54% 13.12% 11.69% 10.88% 12.77% 14.38% 15.61% 13.70% 14.55% 15.17% 15.15%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
69.20% 69.93% 70.15% 70.15% 70.15% 70.37% 71.04% 71.04% 71.04% 71.04% 71.04% 71.04%
30.80% 30.07% 29.85% 29.85% 29.85% 29.63% 28.96% 28.96% 28.96% 28.96% 28.95% 28.96%
No. of Shareholders 1,0021,0041,0391,1661,2831,4181,5081,6071,5561,5571,5441,691

Documents

Announcements

Annual reports

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