Nalin Lease Finance Ltd
Nalin Lease Finance Limited, incorporated in 1990, is a Non-Systemically Important Non-Deposit taking Non Banking Financing Company (NBFC) registered with the RBI. The Co. provides finance for new two wheelers in the state of Gujarat. It’s also engaged in the gold loan and business loan activities.[1][2]
- Market Cap ₹ 23.0 Cr.
- Current Price ₹ 35.0
- High / Low ₹ 43.9 / 23.4
- Stock P/E 7.11
- Book Value ₹ 39.9
- Dividend Yield 0.00 %
- ROCE 15.2 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.90 times its book value
Cons
- Company has a low return on equity of 11.0% 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3.01 | 3.16 | 3.52 | 3.16 | 2.98 | 2.41 | 2.73 | 3.54 | 4.49 | 5.07 | 4.89 | 5.62 | 5.94 | |
2.07 | 2.05 | 2.19 | 1.92 | 1.74 | 1.21 | 1.13 | 1.19 | 1.12 | 1.65 | 1.35 | 1.90 | 1.62 | |
Operating Profit | 0.94 | 1.11 | 1.33 | 1.24 | 1.24 | 1.20 | 1.60 | 2.35 | 3.37 | 3.42 | 3.54 | 3.72 | 4.32 |
OPM % | 31.23% | 35.13% | 37.78% | 39.24% | 41.61% | 49.79% | 58.61% | 66.38% | 75.06% | 67.46% | 72.39% | 66.19% | 72.73% |
0.12 | 0.10 | 0.02 | -0.03 | 0.00 | 0.02 | 0.00 | -0.01 | 0.00 | 0.21 | -0.01 | -0.01 | 0.18 | |
Interest | 0.37 | 0.38 | 0.39 | 0.23 | 0.04 | 0.03 | 0.15 | 0.86 | 0.94 | 0.75 | 0.09 | 0.10 | 0.05 |
Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.15 | 0.09 | 0.09 | 0.06 | 0.07 | 0.11 | 0.13 | 0.10 | 0.12 |
Profit before tax | 0.65 | 0.79 | 0.92 | 0.94 | 1.05 | 1.10 | 1.36 | 1.42 | 2.36 | 2.77 | 3.31 | 3.51 | 4.33 |
Tax % | 32.31% | 32.91% | 30.43% | 29.79% | 28.57% | 35.45% | 32.35% | 28.17% | 27.12% | 28.16% | 23.87% | 25.93% | |
Net Profit | 0.44 | 0.53 | 0.64 | 0.65 | 0.75 | 0.71 | 0.93 | 1.01 | 1.72 | 1.99 | 2.52 | 2.60 | 3.23 |
EPS in Rs | 1.35 | 1.62 | 1.96 | 1.99 | 2.30 | 2.18 | 2.85 | 3.10 | 5.27 | 3.03 | 3.84 | 3.96 | 4.93 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.02% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 16% |
3 Years: | 8% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 23% |
3 Years: | 15% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 7% |
3 Years: | 27% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 11% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 | |
Reserves | 2.39 | 2.94 | 3.60 | 4.27 | 5.04 | 5.77 | 6.58 | 7.60 | 11.35 | 13.34 | 15.86 | 18.13 | 19.63 |
4.29 | 4.32 | 3.51 | 0.39 | 2.43 | 1.01 | 3.76 | 7.38 | 6.14 | 4.38 | 0.16 | 0.45 | 1.32 | |
0.25 | 0.30 | 0.33 | 0.32 | 0.33 | 0.44 | 0.22 | 0.29 | 0.41 | 0.83 | 0.93 | 0.96 | 0.59 | |
Total Liabilities | 10.19 | 10.82 | 10.70 | 8.24 | 11.06 | 10.48 | 13.82 | 18.53 | 24.46 | 25.11 | 23.51 | 26.10 | 28.10 |
0.28 | 0.28 | 0.29 | 0.36 | 0.54 | 0.46 | 0.39 | 0.28 | 0.48 | 0.34 | 0.24 | 0.52 | 1.05 | |
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 | 0.65 | 0.67 | 0.68 | 0.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.77 | 1.02 | 1.32 |
9.26 | 9.87 | 9.73 | 7.15 | 10.52 | 10.02 | 13.43 | 18.25 | 23.98 | 24.77 | 22.50 | 24.56 | 25.73 | |
Total Assets | 10.19 | 10.82 | 10.70 | 8.24 | 11.06 | 10.48 | 13.82 | 18.53 | 24.46 | 25.11 | 23.51 | 26.10 | 28.10 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.58 | 1.06 | 0.90 | 2.76 | -0.29 | -0.41 | -3.54 | -4.00 | 1.20 | 4.03 | 2.09 | 0.78 | |
-0.20 | -0.09 | -0.14 | -0.59 | 0.40 | -0.01 | 0.03 | 0.04 | 0.04 | 0.49 | -0.82 | -0.56 | |
-0.29 | 0.04 | -0.81 | -3.12 | 2.04 | -1.42 | 2.75 | 3.63 | -1.24 | -1.77 | -4.21 | -0.03 | |
Net Cash Flow | 0.09 | 1.01 | -0.05 | -0.95 | 2.15 | -1.84 | -0.76 | -0.33 | 0.00 | 2.76 | -2.94 | 0.18 |
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 | 985.86 | 889.40 | 783.92 | 680.33 | 875.76 | 1,284.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 985.86 | 889.40 | 783.92 | 680.33 | 875.76 | 1,284.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | 985.86 | 888.24 | 784.96 | 686.11 | 876.98 | 1,269.17 | 1,278.17 | 1,427.01 | -17.07 | -12.24 | -2.99 | -3.25 |
ROCE % | 10.97% | 11.53% | 12.54% | 13.12% | 11.69% | 10.88% | 12.77% | 14.38% | 15.61% | 13.70% | 14.55% | 15.17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - The Unaudited Financial Results for the quarter and nine months ended on 31st December, 2022 of the Company has been published in Western Times (both …
- Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December, 2022 2d
- Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December, 2022 2d
- Board Meeting Intimation for Meeting To Be Held On 30Th January, 2023 19 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - With reference to the above subject, please find enclosed herewith Confirmation Certificate dated 04th January, 2023 under Regulation 74(5) of the SEBI (Depositories and Participants) …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
FY20 revenue mix[1]
Gold Loan - 42%
Hire Purchase - 41%
Business & Other Loans - 8%
Other income from operations- 7%
(Other revenue includes late fees, miscellaneous charges,etc)