Nikki Global Finance Ltd

Nikki Global Finance Ltd

₹ 7.48 -1.97%
19 Apr - close price
About

Incorporated in 1986, Nikki Global Finance Ltd is engaged in the financial business of lending and dealing in share market

Key Points

Services Offered:[1]
a) Secured Corporate Lending: Company provides corporate loans to clients in the form of Secured term loans for capital expenditure, Secured term loans for working capital and Secured term loans for Brownfield /Greenfield expansions
b) Loans against Property/Gold/Listed Shares: Company provides loans at project level for construction of commercial and residential properties mainly in the form of last mile financing for near completion properties. Company also offers loan against Gold and against Listed Shares.
c) Special Situations Lending: Company provides special situation funding for various purposes viz., Acquisitions, Buyouts, Bridge financing, Creeping Takeover, Secured term loans for working capital, Secured term loans for brownfield expansions, Structured and customized debt financing solutions for corporate borrowers, Secured promoter funding (Loan against listed shares), Purchase of secured consumer loan pools.
d) Co-Lending activity and Participation:
Company provides and participates in co-lending situations with other lenders like banks, NBFCs, MFs, and FIIs.

  • Market Cap 2.56 Cr.
  • Current Price 7.48
  • High / Low 12.8 / 5.69
  • Stock P/E 256
  • Book Value 4.06
  • Dividend Yield 0.00 %
  • ROCE 1.01 %
  • ROE 1.36 %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of -43.1% over past five years.
  • Promoter holding is low: 10.9%
  • Company has a low return on equity of -2.62% over last 3 years.
  • Company has high debtors of 1,483 days.

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.06 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
0.05 0.05 0.02 0.04 0.06 0.01 0.03 0.01 0.06 0.03 0.06 0.02 0.02
Operating Profit 0.01 -0.05 -0.01 -0.04 -0.06 -0.01 -0.02 -0.01 -0.06 -0.03 -0.06 -0.02 -0.02
OPM % 16.67% -100.00% -200.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.15 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 0.00 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 0.01 -0.05 -0.01 -0.04 -0.06 -0.01 -0.02 -0.01 -0.06 0.12 -0.06 -0.02 -0.02
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%
0.01 -0.05 -0.01 -0.04 -0.06 -0.01 -0.02 -0.01 -0.06 0.11 -0.06 -0.02 -0.02
EPS in Rs 0.03 -0.15 -0.03 -0.12 -0.18 -0.03 -0.06 -0.03 -0.18 0.32 -0.18 -0.06 -0.06
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
7.56 5.81 4.00 2.35 3.04 2.45 2.68 1.76 0.37 0.07 0.02 0.16 0.00
7.55 5.80 3.98 2.66 3.12 2.37 2.66 1.76 0.55 0.10 0.13 0.14 0.13
Operating Profit 0.01 0.01 0.02 -0.31 -0.08 0.08 0.02 0.00 -0.18 -0.03 -0.11 0.02 -0.13
OPM % 0.13% 0.17% 0.50% -13.19% -2.63% 3.27% 0.75% 0.00% -48.65% -42.86% -550.00% 12.50%
0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.00 0.00 0.15
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 0.01 0.01 0.02 -0.31 -0.08 0.09 0.04 0.00 -0.18 -0.03 -0.11 0.02 0.02
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 22.22% 0.00% 0.00% 0.00% 0.00% 0.00%
0.01 0.01 0.01 -0.31 -0.08 0.08 0.04 0.00 -0.18 -0.03 -0.11 0.02 0.01
EPS in Rs 0.03 0.03 0.03 -0.91 -0.23 0.23 0.12 0.00 -0.53 -0.09 -0.32 0.06 0.02
Dividend Payout % 0.00% 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: -30%
5 Years: -43%
3 Years: -24%
TTM: -100%
Compounded Profit Growth
10 Years: 7%
5 Years: -13%
3 Years: 28%
TTM: 110%
Stock Price CAGR
10 Years: -25%
5 Years: 3%
3 Years: 16%
1 Year: 3%
Return on Equity
10 Years: -3%
5 Years: -4%
3 Years: -3%
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 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42
Reserves -1.03 -1.02 -1.00 -1.32 -1.76 -1.68 -1.64 -1.64 -1.81 -1.85 -1.96 -1.94 -2.03
5.17 4.82 4.82 4.93 1.43 0.51 0.51 0.51 0.51 0.51 0.51 0.51 0.51
4.43 3.75 3.75 3.77 8.07 7.54 7.22 6.79 6.94 7.09 7.15 7.27 7.28
Total Liabilities 11.99 10.97 10.99 10.80 11.16 9.79 9.51 9.08 9.06 9.17 9.12 9.26 9.18
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75
11.23 10.22 10.24 10.05 10.41 9.04 8.76 8.33 8.31 8.42 8.37 8.50 8.42
Total Assets 11.99 10.97 10.99 10.80 11.16 9.79 9.51 9.08 9.06 9.17 9.12 9.26 9.18

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
-1.67 -0.92 0.33 -0.04 0.21 5.12 -1.68 0.28 -0.09 0.01 0.00 0.01
-3.76 1.95 -0.26 -0.10 -1.03 0.07 1.07 0.15 0.04 0.00 0.00 -0.01
5.63 -1.02 0.00 0.12 0.80 -5.23 0.59 -0.42 0.03 0.00 0.00 0.00
Net Cash Flow 0.20 0.01 0.07 -0.02 -0.02 -0.03 -0.02 0.01 -0.02 0.01 0.00 0.00

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 90.28 219.25 291.09 442.66 261.74 131.10 111.68 116.14 0.00 2,867.86 8,942.50 1,482.81
Inventory Days 36.70 1.96 1.91 15.60 15.92 20.09 14.96 15.58 65.51 1,095.00 1,095.00 912.50
Days Payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 65.51 74,825.00 76,102.50 78,657.50
Cash Conversion Cycle 126.98 221.21 293.00 458.26 277.67 151.19 126.64 131.72 0.00 -70,862.14 -66,065.00 -76,262.19
Working Capital Days 126.01 222.39 295.65 459.74 277.35 -406.71 -137.56 -269.60 -2,880.54 -28,887.14 -102,747.50 -12,615.31
ROCE % 0.11% 0.14% 0.28% -4.34% -1.58% 3.00% 1.76% 0.00% -8.16% -1.43% -5.43% 1.01%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
7.81% 7.81% 7.81% 7.81% 7.81% 7.81% 7.81% 7.81% 7.81% 7.81% 10.87% 10.87%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
92.16% 92.16% 92.16% 92.16% 92.16% 92.16% 92.16% 92.16% 92.16% 92.16% 89.10% 89.10%
No. of Shareholders 1,3271,3281,3321,3901,5081,5401,5121,5151,5121,5481,5731,624

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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