Greencrest Financial Services Ltd

Greencrest Financial Services Ltd

₹ 0.94 1.08%
14 Jun - close price
About

Incorporated in 1993, Greencrest Financial Services Ltd is in the business of financing and investment activities in Shares and Securities[1]

Key Points

Business Overview:[1][2]
Company is RBI registered Non Deposit Taking NBFC and is in the business of finance and investments. Company is carrying trading/ investment activities in both Equity and FNO Segment and trading in Commodities market apart from its financing activities. Company
also deals in Government and Non Government Bonds, Fixed Deposits, Commodities and other related activities of capital market

  • Market Cap 34.4 Cr.
  • Current Price 0.94
  • High / Low 1.32 / 0.59
  • Stock P/E 27.9
  • Book Value 1.47
  • Dividend Yield 0.00 %
  • ROCE 4.27 %
  • ROE 2.31 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.64 times its book value
  • Company is expected to give good quarter
  • Debtor days have improved from 91.2 to 15.2 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 1.25%
  • Company has a low return on equity of 1.95% over last 3 years.
  • Company might be capitalizing the interest cost

* 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
1.60 1.48 0.47 1.02 5.91 1.69 8.36 3.86 10.87 6.90 13.43 17.12 8.28
2.56 0.19 0.11 0.10 7.53 0.49 5.81 2.72 12.80 4.92 6.99 15.46 14.87
Operating Profit -0.96 1.29 0.36 0.92 -1.62 1.20 2.55 1.14 -1.93 1.98 6.44 1.66 -6.59
OPM % -60.00% 87.16% 76.60% 90.20% -27.41% 71.01% 30.50% 29.53% -17.76% 28.70% 47.95% 9.70% -79.59%
-0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.16 0.23 0.25 0.25 0.53 0.43 0.41 0.57 0.26
Depreciation 0.03 0.01 0.01 0.01 0.03 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00
Profit before tax -1.00 1.28 0.35 0.91 -1.81 0.97 2.30 0.89 -2.48 1.55 6.03 1.09 -6.85
Tax % 30.00% 30.47% 28.57% 18.68% 25.41% 29.90% 30.00% 30.34% 33.06% 25.16% 8.46% -32.11% 0.73%
-0.70 0.89 0.25 0.75 -1.34 0.67 1.61 0.62 -1.66 1.16 5.52 1.44 -6.80
EPS in Rs -0.02 0.02 0.01 0.02 -0.04 0.02 0.04 0.02 -0.05 0.03 0.15 0.04 -0.19
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
3.18 8.38 10.65 15.73 10.20 32.53 57.37 3.65 3.81 8.88 24.48 39.27
2.73 7.37 8.84 14.63 9.23 31.71 56.24 3.02 3.12 7.93 21.52 35.77
Operating Profit 0.45 1.01 1.81 1.10 0.97 0.82 1.13 0.63 0.69 0.95 2.96 3.50
OPM % 14.15% 12.05% 17.00% 6.99% 9.51% 2.52% 1.97% 17.26% 18.11% 10.70% 12.09% 8.91%
0.00 0.00 0.01 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.01 -0.25
Interest 0.00 0.00 0.01 0.05 0.05 0.04 0.06 0.00 0.00 0.16 1.27 1.67
Depreciation 0.00 0.00 0.00 0.02 0.03 0.04 0.04 0.03 0.03 0.04 0.02 0.01
Profit before tax 0.45 1.01 1.81 1.06 0.89 0.74 1.03 0.60 0.66 0.75 1.68 1.57
Tax % 31.11% 30.69% 35.36% 33.02% 33.71% 28.38% 28.16% 26.67% 25.76% 25.33% 25.00% 31.85%
0.31 0.70 1.16 0.71 0.60 0.53 0.73 0.45 0.48 0.56 1.26 1.06
EPS in Rs 0.01 0.02 0.03 0.02 0.02 0.01 0.02 0.01 0.01 0.02 0.03 0.03
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: 17%
5 Years: -7%
3 Years: 118%
TTM: 60%
Compounded Profit Growth
10 Years: 6%
5 Years: 11%
3 Years: 37%
TTM: -2%
Stock Price CAGR
10 Years: -29%
5 Years: -1%
3 Years: 6%
1 Year: 42%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 2%
Last Year: 2%

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 36.05 36.55 36.55 36.55 36.55 36.55 36.55 36.55 36.55 36.55 36.55 36.55
Reserves 8.47 9.41 10.57 11.28 11.95 12.48 13.35 13.83 14.31 14.87 16.13 17.19
0.00 0.00 0.00 0.12 0.94 0.42 0.40 0.38 0.40 12.54 24.81 32.34
5.55 3.23 3.42 1.61 2.26 0.34 1.91 0.30 0.32 1.16 0.60 6.00
Total Liabilities 50.07 49.19 50.54 49.56 51.70 49.79 52.21 51.06 51.58 65.12 78.09 92.08
0.00 0.00 0.00 0.11 0.08 0.06 0.04 0.03 0.09 0.07 0.05 0.04
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 18.40 0.00 0.00 0.00 16.87 1.90 0.90 0.90 0.90 0.65 0.00 1.25
31.67 49.19 50.54 49.45 34.75 47.83 51.27 50.13 50.59 64.40 78.04 90.79
Total Assets 50.07 49.19 50.54 49.56 51.70 49.79 52.21 51.06 51.58 65.12 78.09 92.08

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
-21.32 -6.42 0.78 6.44 8.47 1.85 3.11 2.52 4.64 0.91 5.80 4.11
-16.63 5.42 -0.71 -3.26 -10.34 -2.31 -3.16 -3.15 -2.96 -2.76 -4.53 -5.14
38.20 0.76 -0.01 0.02 0.02 0.02 0.02 0.00 0.02 0.02 0.00 0.00
Net Cash Flow 0.25 -0.24 0.05 3.19 -1.84 -0.43 -0.03 -0.63 1.71 -1.82 1.26 -1.03

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 298.43 75.79 1.71 32.02 18.97 10.43 0.64 19.00 0.00 240.05 18.34 15.24
Inventory Days 0.00 571.68 401.03 264.35 0.00 135.23 58.08 1,011.11 142.85 128.29 211.67
Days Payable 33.60 18.44 11.89 0.00 0.00 0.00 0.00 0.00 36.33
Cash Conversion Cycle 298.43 613.87 384.30 284.48 18.97 145.67 58.72 1,030.11 0.00 382.89 146.63 190.58
Working Capital Days 2,948.69 1,994.43 1,608.06 1,032.12 1,108.60 521.08 307.61 728.00 761.61 326.77 132.55 162.56
ROCE % 1.79% 2.23% 3.89% 2.27% 1.93% 1.58% 2.19% 1.19% 1.29% 1.58% 4.17%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.25%
98.75% 98.75% 98.75% 98.75% 98.75% 98.75% 98.74% 98.75% 98.75% 98.76% 98.75% 98.75%
No. of Shareholders 7,5638,6379,80110,0149,9309,34630,67730,95429,09234,80835,17244,006

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