Available Finance Ltd

Available Finance Ltd

₹ 208 -1.33%
22 Apr 11:31 a.m.
About

Available Finance Ltd is a non deposit taking NBFC established in 1993. The Company is a subsidiary of Archana Coal Private Limited and is engaged in the business of Loans and Investments. [1] [2] [3]

Key Points

Revenue (FY21)
Interest Income From Loans: ₹ 55.27 Lacs 100%[1]

  • Market Cap 212 Cr.
  • Current Price 208
  • High / Low 264 / 99.6
  • Stock P/E 1,179
  • Book Value 17.8
  • Dividend Yield 0.00 %
  • ROCE 2.12 %
  • ROE 1.17 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 11.7 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -8.86% over past five years.
  • Company has a low return on equity of 1.80% 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

Standalone Figures in Rs. Crores / View Consolidated

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
0.14 0.14 0.15 0.20 0.17 0.12 0.16 0.17 0.15 0.11 0.13 0.14 0.14
0.09 0.02 0.04 0.06 0.06 0.08 0.06 0.06 0.05 0.05 0.10 0.06 0.05
Operating Profit 0.05 0.12 0.11 0.14 0.11 0.04 0.10 0.11 0.10 0.06 0.03 0.08 0.09
OPM % 35.71% 85.71% 73.33% 70.00% 64.71% 33.33% 62.50% 64.71% 66.67% 54.55% 23.08% 57.14% 64.29%
-0.00 -0.00 -0.00 -0.00 0.01 0.04 -0.00 -0.00 -0.00 0.02 -0.00 -0.00 -0.00
Interest -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.03 0.03 -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 0.05 0.12 0.11 0.14 0.12 0.08 0.07 0.08 0.10 0.08 0.03 0.08 0.09
Tax % -0.00% -0.00% -0.00% -0.00% -0.00% 125.00% -0.00% 25.00% 20.00% 87.50% 33.33% 12.50% 22.22%
0.05 0.13 0.11 0.14 0.12 -0.02 0.07 0.05 0.08 0.01 0.03 0.07 0.07
EPS in Rs 0.05 0.13 0.11 0.14 0.12 -0.02 0.07 0.05 0.08 0.01 0.03 0.07 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
1.58 1.80 1.51 2.43 3.29 1.97 0.97 0.56 1.14 0.55 0.69 0.61 0.52
0.21 0.18 0.20 0.22 0.22 0.22 1.64 0.22 0.13 0.18 0.24 0.21 0.26
Operating Profit 1.37 1.62 1.31 2.21 3.07 1.75 -0.67 0.34 1.01 0.37 0.45 0.40 0.26
OPM % 86.71% 90.00% 86.75% 90.95% 93.31% 88.83% -69.07% 60.71% 88.60% 67.27% 65.22% 65.57% 50.00%
-0.00 -0.00 -0.00 0.01 -0.05 0.05 0.01 -0.00 -0.00 -0.00 -0.00 -0.00 0.02
Interest 0.80 0.85 0.88 2.00 2.74 1.50 0.76 0.36 0.03 -0.00 -0.00 0.07 0.00
Depreciation 0.05 0.05 0.05 0.09 0.06 0.05 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00
Profit before tax 0.52 0.72 0.38 0.13 0.22 0.25 -1.42 -0.02 0.98 0.37 0.45 0.33 0.28
Tax % 28.85% 30.56% 28.95% -0.00% 40.91% 32.00% 1.41% -50.00% 2.04% -0.00% 22.22% 33.33%
0.37 0.50 0.28 0.12 0.14 0.17 -1.40 -0.03 0.96 0.37 0.35 0.21 0.18
EPS in Rs 0.36 0.49 0.27 0.12 0.14 0.17 -1.37 -0.03 0.94 0.36 0.34 0.21 0.18
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: -10%
5 Years: -9%
3 Years: -19%
TTM: -13%
Compounded Profit Growth
10 Years: -8%
5 Years: 17%
3 Years: -40%
TTM: -40%
Stock Price CAGR
10 Years: 26%
5 Years: 91%
3 Years: 148%
1 Year: 34%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 2%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20
Reserves 5.13 5.63 5.91 6.02 6.16 6.33 4.93 5.34 6.02 6.54 7.43 7.98 7.93
7.72 11.81 14.02 22.32 19.06 7.26 7.47 3.65 1.90 1.90 1.90 -0.00 -0.00
0.24 0.32 0.22 0.22 0.28 0.19 0.09 0.06 0.01 0.03 0.08 0.07 0.17
Total Liabilities 23.29 27.96 30.35 38.76 35.70 23.98 22.69 19.25 18.13 18.67 19.61 18.25 18.30
0.41 0.37 0.32 0.23 0.17 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
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 11.01 11.01 16.01 16.04 16.04 16.29 16.29 16.70 17.35 11.33 11.88 12.19 12.12
11.87 16.58 14.02 22.49 19.49 7.69 6.40 2.55 0.78 7.34 7.73 6.06 6.18
Total Assets 23.29 27.96 30.35 38.76 35.70 23.98 22.69 19.25 18.13 18.67 19.61 18.25 18.30

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.08 0.07 5.03 0.05 -0.06 -0.16 -0.00 3.94 2.59 -5.69 -0.55 1.90
-2.32 0.03 -4.97 -0.00 0.03 0.15 -0.00 -0.00 -0.94 6.19 0.04 -0.00
2.24 -0.10 -0.07 -0.00 -0.00 -0.00 -0.00 -3.82 -1.75 -0.00 -0.00 -1.90
Net Cash Flow -0.00 -0.00 -0.01 0.05 -0.04 -0.01 -0.00 0.12 -0.10 0.49 -0.51 -0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Inventory Days
Days Payable
Cash Conversion Cycle -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Working Capital Days 2,682.06 3,297.17 3,333.34 3,301.52 2,064.64 1,300.66 2,250.21 260.71 192.11 424.73 89.93 -17.95
ROCE % 6.03% 6.19% 4.36% 6.17% 8.14% 5.81% -2.85% 1.63% 5.41% 2.01% 2.36% 2.12%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.20% 59.20% 61.81% 61.81% 61.81% 61.80% 61.80% 61.80% 61.80% 61.80% 66.31% 66.31%
40.80% 40.80% 38.19% 38.19% 38.19% 38.19% 38.18% 38.19% 38.19% 38.20% 33.68% 33.69%
No. of Shareholders 9031,6282,0782,3742,2002,3702,3082,3362,2952,3532,7262,659

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