Lead Financial Services Ltd

Lead Financial Services Ltd

₹ 17.5 -3.63%
24 May - close price
About

Incorporated in 1993, Lead Financial Services Ltd is registered with RBI as an NBFC. Company provides various non banking financial services to its clients.

Key Points

Services Offered:[1]
a) Company provides loans and other financial services
b) Company helps clients invest in equities, mutual funds, etc.

  • Market Cap 5.78 Cr.
  • Current Price 17.5
  • High / Low 25.2 / 9.85
  • Stock P/E 23.1
  • Book Value 17.9
  • Dividend Yield 0.00 %
  • ROCE 5.67 %
  • ROE 4.32 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.98 times its book value
  • Debtor days have improved from 687 to 20.3 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 28.2%
  • Company has a low return on equity of 2.91% over last 3 years.
  • Contingent liabilities of Rs.2.10 Cr.
  • Working capital days have increased from -768 days to 419 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.02 0.01 0.07 0.04 4.20 0.01 0.01 0.23 0.07 0.08 0.15 0.15 0.16
0.06 0.05 0.06 0.05 4.05 0.05 0.04 0.04 0.05 0.04 0.05 0.05 0.06
Operating Profit -0.04 -0.04 0.01 -0.01 0.15 -0.04 -0.03 0.19 0.02 0.04 0.10 0.10 0.10
OPM % -200.00% -400.00% 14.29% -25.00% 3.57% -400.00% -300.00% 82.61% 28.57% 50.00% 66.67% 66.67% 62.50%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.00 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 -0.04 -0.04 0.01 -0.01 0.15 -0.04 -0.03 0.22 0.03 0.04 0.10 0.10 0.10
Tax % 25.00% 25.00% 0.00% 0.00% 13.33% 25.00% 33.33% 22.73% 33.33% 25.00% 30.00% 30.00% 30.00%
-0.03 -0.03 0.01 -0.01 0.13 -0.03 -0.02 0.17 0.03 0.03 0.07 0.08 0.07
EPS in Rs -0.09 -0.09 0.03 -0.03 0.39 -0.09 -0.06 0.52 0.09 0.09 0.21 0.24 0.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.50 0.43 0.70 0.93 4.08 1.18 0.06 0.06 0.06 4.31 0.32 0.54
0.26 0.16 0.19 0.75 3.54 0.43 0.22 0.21 0.19 4.19 0.17 0.21
Operating Profit 0.24 0.27 0.51 0.18 0.54 0.75 -0.16 -0.15 -0.13 0.12 0.15 0.33
OPM % 48.00% 62.79% 72.86% 19.35% 13.24% 63.56% -266.67% -250.00% -216.67% 2.78% 46.88% 61.11%
0.00 0.00 0.00 0.02 0.00 0.02 0.11 0.00 0.00 0.00 0.04 0.00
Interest 0.13 0.03 0.03 0.03 0.03 0.00 0.01 0.03 0.01 0.01 0.01 0.00
Depreciation 0.01 0.03 0.19 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.10 0.21 0.29 0.08 0.51 0.77 -0.06 -0.18 -0.14 0.11 0.18 0.33
Tax % 30.00% 28.57% 31.03% 0.00% 13.73% 18.18% 33.33% 55.56% 28.57% 9.09% 22.22% 27.27%
0.07 0.14 0.20 0.07 0.43 0.62 -0.05 -0.08 -0.11 0.10 0.14 0.25
EPS in Rs 0.21 0.42 0.61 0.21 1.30 1.88 -0.15 -0.24 -0.33 0.30 0.42 0.76
Dividend Payout % 0.00% 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: 2%
5 Years: 55%
3 Years: 108%
TTM: 69%
Compounded Profit Growth
10 Years: 6%
5 Years: 48%
3 Years: 62%
TTM: 79%
Stock Price CAGR
10 Years: 8%
5 Years: 27%
3 Years: 61%
1 Year: 33%
Return on Equity
10 Years: 3%
5 Years: 1%
3 Years: 3%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30
Reserves 0.81 0.95 1.15 1.22 1.64 2.27 2.24 2.21 2.11 2.22 2.36 2.62
0.86 1.01 1.08 0.73 0.13 0.20 0.24 0.00 0.13 0.04 0.07 0.00
4.56 4.63 4.63 5.28 4.54 4.61 4.51 4.54 4.54 4.53 4.55 4.54
Total Liabilities 9.53 9.89 10.16 10.53 9.61 10.38 10.29 10.05 10.08 10.09 10.28 10.46
2.44 2.40 2.21 2.12 2.12 2.11 2.11 2.11 2.11 2.11 2.11 2.11
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
Investments 4.43 4.43 4.09 3.23 3.67 0.26 0.29 0.01 0.03 0.03 0.03 0.04
2.66 3.06 3.86 5.18 3.82 8.01 7.89 7.93 7.94 7.95 8.14 8.31
Total Assets 9.53 9.89 10.16 10.53 9.61 10.38 10.29 10.05 10.08 10.09 10.28 10.46

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.85 -0.28 -0.33 -0.74 1.61 -4.23 -0.16 -0.07 -0.14 0.10 1.72 -1.63
0.00 0.00 0.35 1.01 -0.35 3.65 0.00 0.33 0.00 0.00 0.00 0.00
-0.70 0.15 0.07 -0.35 -0.63 0.07 0.03 -0.27 0.12 -0.10 0.02 -0.07
Net Cash Flow 0.15 -0.13 0.09 -0.08 0.63 -0.51 -0.13 -0.01 -0.02 0.01 1.74 -1.71

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 353.14 1,688.12 20.28
Inventory Days 1,058.50 1,088.81 7.67 28,044.17 55,723.33 83,220.00 55.30
Days Payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 1,058.50 0.00 0.00 1,088.81 7.67 28,044.17 0.00 55,723.33 83,220.00 408.45 1,688.12 20.28
Working Capital Days -1,503.80 -1,341.16 -474.50 -51.02 -125.25 999.11 18,189.17 17,702.50 365.00 24.56 -2,748.91 419.07
ROCE % 4.35% 4.69% 5.93% 1.67% 10.47% 14.02% -0.87% -2.66% -2.35% 2.16% 3.37%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
28.23% 28.23% 28.23% 28.23% 28.23% 28.22% 28.22% 28.22% 28.22% 28.22% 28.22% 28.22%
0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55%
71.23% 71.23% 71.23% 71.23% 71.23% 71.22% 71.22% 71.23% 71.23% 71.23% 71.22% 71.23%
No. of Shareholders 1,8141,8141,8161,8181,8871,9731,9901,9761,9992,0102,0712,120

* 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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