Anjani Finance Ltd
Anjani Finance Ltd was originally incorporated in 1989 with the name of Gujrat Guarantee and Financial Ltd. In 2001 the company changed the name Anjani Finance Ltd. It is a Non-Banking Finance Company and Investment and Loan Company. The company is working under the Flagship of Agarwal Group. Sanjay Kumar Agarwal is the Managing Director of the co. [1][2]
- Market Cap ₹ 12.1 Cr.
- Current Price ₹ 11.9
- High / Low ₹ 20.2 / 6.54
- Stock P/E 43.1
- Book Value ₹ 14.4
- Dividend Yield 0.00 %
- ROCE 13.4 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.83 times its book value
- Debtor days have improved from 27.5 to 15.6 days.
- Company's working capital requirements have reduced from 63.7 days to 13.0 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.0% over past five years.
- Company has a low return on equity of 3.33% over last 3 years.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -5.66%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.70 | 0.50 | 0.85 | 1.07 | 0.95 | 1.12 | 0.83 | 0.98 | 0.93 | 1.28 | 1.40 | 1.40 | 0.61 | |
| 0.19 | 0.22 | 0.24 | 0.22 | 0.28 | 0.29 | 0.30 | 0.30 | 0.33 | 0.29 | 1.90 | -1.28 | 0.28 | |
| Operating Profit | 0.51 | 0.28 | 0.61 | 0.85 | 0.67 | 0.83 | 0.53 | 0.68 | 0.60 | 0.99 | -0.50 | 2.68 | 0.33 |
| OPM % | 72.86% | 56.00% | 71.76% | 79.44% | 70.53% | 74.11% | 63.86% | 69.39% | 64.52% | 77.34% | -35.71% | 191.43% | 54.10% |
| 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.43 | |
| Interest | 0.07 | 0.03 | 0.29 | 0.45 | 0.37 | 0.40 | 0.36 | 0.34 | 0.27 | 0.53 | 0.52 | 0.48 | 0.40 |
| Depreciation | 0.20 | 0.14 | 0.11 | 0.05 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 |
| Profit before tax | 0.24 | 0.11 | 0.21 | 0.35 | 0.26 | 0.43 | 0.15 | 0.33 | 0.32 | 0.46 | -1.02 | 2.19 | 0.36 |
| Tax % | 33.33% | -9.09% | -19.05% | -2.86% | 19.23% | 18.60% | 20.00% | -18.18% | 18.75% | 8.70% | 22.55% | 23.29% | |
| 0.16 | 0.11 | 0.26 | 0.35 | 0.20 | 0.34 | 0.12 | 0.39 | 0.26 | 0.42 | -0.79 | 1.68 | 0.28 | |
| EPS in Rs | 0.16 | 0.11 | 0.26 | 0.35 | 0.20 | 0.34 | 0.12 | 0.38 | 0.26 | 0.41 | -0.78 | 1.66 | 0.28 |
| 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: | 11% |
| 5 Years: | 11% |
| 3 Years: | 15% |
| TTM: | -54% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 70% |
| 3 Years: | 86% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 35% |
| 3 Years: | 20% |
| 1 Year: | 72% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 13% |
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 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 |
| Reserves | 0.71 | 0.82 | 1.08 | 1.43 | 1.63 | 1.97 | 2.09 | 2.48 | 2.73 | 3.16 | 2.37 | 4.05 | 4.42 |
| 0.41 | 0.00 | 4.12 | 3.34 | 3.67 | 4.04 | 4.37 | 2.37 | 6.06 | 7.09 | 6.11 | 6.90 | 1.94 | |
| 0.20 | 0.08 | 0.28 | 0.08 | 0.08 | 0.09 | 0.17 | 0.20 | 0.20 | 0.20 | 0.30 | 0.42 | 0.27 | |
| Total Liabilities | 11.46 | 11.04 | 15.62 | 14.99 | 15.52 | 16.24 | 16.77 | 15.19 | 19.13 | 20.59 | 18.92 | 21.51 | 16.77 |
| 0.54 | 0.40 | 0.29 | 0.24 | 0.21 | 0.19 | 0.16 | 0.16 | 0.15 | 0.15 | 0.14 | 0.14 | 0.13 | |
| 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 | 8.91 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 | 10.37 |
| 2.01 | 0.27 | 4.96 | 4.38 | 4.94 | 5.68 | 6.24 | 4.66 | 8.61 | 10.07 | 8.41 | 11.00 | 6.27 | |
| Total Assets | 11.46 | 11.04 | 15.62 | 14.99 | 15.52 | 16.24 | 16.77 | 15.19 | 19.13 | 20.59 | 18.92 | 21.51 | 16.77 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.33 | 1.29 | -0.03 | 1.02 | -0.73 | 0.88 | -0.92 | 0.40 | -3.87 | 4.23 | 1.28 | 0.37 | |
| -1.77 | -1.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -0.38 | 0.00 | 0.00 | -0.63 | 0.00 | 0.00 | 0.00 | -0.34 | 3.95 | 0.50 | -1.50 | 0.31 | |
| Net Cash Flow | 0.18 | -0.17 | -0.03 | 0.40 | -0.73 | 0.88 | -0.92 | 0.06 | 0.08 | 4.73 | -0.21 | 0.68 |
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 | 46.93 | 36.50 | 21.47 | 34.11 | 99.89 | 19.55 | 26.39 | 26.07 | 82.42 | 48.48 | 18.25 | 15.64 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 46.93 | 36.50 | 21.47 | 34.11 | 99.89 | 19.55 | 26.39 | 26.07 | 82.42 | 48.48 | 18.25 | 15.64 |
| Working Capital Days | -73.00 | 94.90 | -21.47 | 78.46 | 184.42 | 65.18 | 70.36 | 96.84 | 156.99 | 99.80 | 78.21 | 13.04 |
| ROCE % | 2.73% | 1.26% | 3.80% | 5.29% | 4.28% | 5.25% | 3.11% | 4.24% | 3.48% | 5.04% | -2.56% | 13.45% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Apr
- SUBMISSION OF COMPANY PRACTICING SECRETARY''s HALF YEARLY CERTIFICATE 22 Apr
- INFORMATION IN RESPECT OF SUBMISSION OF FINANCIAL RESULTS OF THE COMPANY FOR THE FINANCIAL YEAR 2024-25 18 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
-
Compliance Certificate March 2024
15 Apr - Compliance Certificate - Regulation 7(3) of SEBI (LODR) Regulations 2025
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Part of Agarwal Group
The Co is working under the flagship of "Agarwal Group" which is a well-known group in M.P., having its head office at Indore, it was established in 1975. The group has diversified into various activities like Trading Industries, Education, and Entertainment sector viz trading of Coal, Lignite, Transportation, Warehousing, Finance, Real Estate and Leasing, generation of Electricity by setting up a Wind Energy Mill, etc[1]