Tokyo Finance Ltd

Tokyo Finance Ltd

₹ 21.6 -2.00%
18 Jun 10:44 a.m.
About

Tokyo Finance Limited, incorporated in 1994, is engaged in the business of Non- Banking Finance.[1]

Key Points

Loan Portfolio[1]
Total loan portfolio decreased by 19% from about 17 cr in FY19 to 13.78 cr in FY20

  • Market Cap 15.0 Cr.
  • Current Price 21.6
  • High / Low 29.3 / 11.7
  • Stock P/E 13.8
  • Book Value 16.3
  • Dividend Yield 0.00 %
  • ROCE 10.5 %
  • ROE 10.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 3.99% over last 3 years.
  • Earnings include an other income of Rs.0.83 Cr.

* 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
0.06 0.12 0.14 0.14 0.16 0.17 0.18 0.18 0.18 0.18 0.20 0.20 0.19
0.10 0.15 0.11 0.06 0.21 0.13 0.13 0.14 0.16 0.13 0.13 0.12 0.09
Operating Profit -0.04 -0.03 0.03 0.08 -0.05 0.04 0.05 0.04 0.02 0.05 0.07 0.08 0.10
OPM % -66.67% -25.00% 21.43% 57.14% -31.25% 23.53% 27.78% 22.22% 11.11% 27.78% 35.00% 40.00% 52.63%
0.33 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.83 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 0.29 -0.03 0.03 0.08 -0.04 0.04 0.05 0.04 0.02 0.88 0.07 0.08 0.10
Tax % 20.69% 0.00% 0.00% 25.00% 50.00% 25.00% -20.00% 0.00% 100.00% 15.91% 0.00% 37.50% -130.00%
0.22 -0.03 0.02 0.06 -0.03 0.02 0.06 0.04 -0.01 0.74 0.07 0.05 0.23
EPS in Rs 0.32 -0.04 0.03 0.09 -0.04 0.03 0.09 0.06 -0.01 1.06 0.10 0.07 0.33
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
1.30 1.60 2.17 1.61 1.62 1.54 2.44 0.49 0.27 0.58 0.70 0.78
0.52 0.96 0.63 0.37 1.65 0.94 1.67 0.45 3.67 0.55 0.55 0.48
Operating Profit 0.78 0.64 1.54 1.24 -0.03 0.60 0.77 0.04 -3.40 0.03 0.15 0.30
OPM % 60.00% 40.00% 70.97% 77.02% -1.85% 38.96% 31.56% 8.16% -1,259.26% 5.17% 21.43% 38.46%
0.00 0.00 0.00 0.00 0.00 0.00 0.69 0.61 0.31 0.00 0.00 0.83
Interest 0.76 0.86 0.86 0.86 0.62 0.55 0.26 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00
Profit before tax 0.01 -0.23 0.67 0.37 -0.66 0.04 1.19 0.64 -3.10 0.02 0.14 1.13
Tax % 1,100.00% -39.13% 16.42% 32.43% 3.03% 125.00% 4.20% 26.56% -1.61% 0.00% 14.29% 3.54%
-0.10 -0.32 0.56 0.26 -0.64 -0.01 1.14 0.47 -3.15 0.03 0.12 1.09
EPS in Rs -0.14 -0.46 0.80 0.37 -0.92 -0.01 1.64 0.67 -4.52 0.04 0.17 1.56
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: -7%
5 Years: -20%
3 Years: 42%
TTM: 11%
Compounded Profit Growth
10 Years: 18%
5 Years: -1%
3 Years: 33%
TTM: 808%
Stock Price CAGR
10 Years: 17%
5 Years: 21%
3 Years: 29%
1 Year: 47%
Return on Equity
10 Years: 0%
5 Years: -3%
3 Years: 4%
Last Year: 10%

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 6.94 6.94 6.94 6.94 6.94 6.94 6.94 6.94 6.94 6.94 6.94 6.94
Reserves 4.81 4.49 5.06 5.31 4.68 4.67 5.82 6.30 3.14 3.17 3.30 4.41
9.18 9.97 9.83 9.64 6.98 6.98 0.00 0.00 0.00 0.00 0.00 0.00
1.23 1.34 1.35 1.47 4.61 7.83 4.83 1.09 0.91 0.91 0.90 0.22
Total Liabilities 22.16 22.74 23.18 23.36 23.21 26.42 17.59 14.33 10.99 11.02 11.14 11.57
0.29 0.29 0.28 0.27 0.27 0.26 0.25 0.25 0.24 0.23 0.22 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
Investments 0.67 0.67 0.67 0.67 0.67 0.67 0.00 0.00 0.00 0.00 0.00 0.00
21.20 21.78 22.23 22.42 22.27 25.49 17.34 14.08 10.75 10.79 10.92 11.57
Total Assets 22.16 22.74 23.18 23.36 23.21 26.42 17.59 14.33 10.99 11.02 11.14 11.57

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
-0.34 -0.74 0.36 -0.08 -2.35 -0.48 3.52 3.95 3.77 -0.33 -1.87 -0.43
0.00 0.00 0.00 0.00 0.00 0.50 3.45 0.00 0.00 -0.85 0.86 0.30
0.66 0.79 -0.14 -0.20 2.34 0.00 -6.98 -3.92 0.00 0.00 0.00 0.00
Net Cash Flow 0.32 0.05 0.22 -0.28 -0.01 0.02 -0.02 0.03 3.76 -1.19 -1.02 -0.12

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 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 2,552.19 1,822.72 1,253.11 1,800.06 500.19 355.52 -686.62 -633.16 -1,081.48 -465.69 -385.86 -23.40
ROCE % 3.72% 2.98% 7.08% 5.63% -0.20% 3.17% 9.25% 4.92% -26.59% 0.20% 1.38%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.17% 56.17% 56.17% 61.14% 59.84% 60.23% 60.23% 61.00% 61.00% 61.00% 61.00% 61.00%
43.83% 43.83% 43.83% 38.86% 40.16% 39.77% 39.77% 38.99% 39.00% 38.99% 39.00% 39.00%
No. of Shareholders 2,0162,0162,0182,0332,0662,0932,0952,0992,1102,1222,1452,202

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