Anjani Finance Ltd

Anjani Finance Ltd

₹ 11.7 -1.76%
25 Apr 4:01 p.m.
About

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]

Key Points

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]

  • Market Cap 11.9 Cr.
  • Current Price 11.7
  • High / Low 20.2 / 6.35
  • Stock P/E 3.02
  • Book Value 23.0
  • Dividend Yield 0.00 %
  • ROCE 9.68 %
  • ROE 33.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.51 times its book value
  • Debtor days have improved from 35.1 to 15.6 days.
  • Company's working capital requirements have reduced from 44.4 days to 13.0 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 11.1% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
0.17 0.30 0.34 0.13 0.24 0.22 0.24 0.20 0.66 -0.15 0.31 0.25 0.20
0.02 0.05 0.18 0.03 0.04 1.67 0.08 0.35 -1.66 -0.04 0.19 0.06 0.07
Operating Profit 0.15 0.25 0.16 0.10 0.20 -1.45 0.16 -0.15 2.32 -0.11 0.12 0.19 0.13
OPM % 88.24% 83.33% 47.06% 76.92% 83.33% -659.09% 66.67% -75.00% 351.52% 38.71% 76.00% 65.00%
0.10 0.08 0.14 0.17 0.07 0.09 0.17 0.15 0.07 0.06 0.13 0.17 0.07
Interest 0.14 0.15 0.14 0.14 0.12 0.11 0.12 0.12 0.11 0.12 0.15 0.10 0.03
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 0.11 0.18 0.16 0.13 0.15 -1.47 0.21 -0.12 2.28 -0.17 0.10 0.26 0.17
Tax % 9.09% 5.56% 12.50% 7.69% 6.67% 17.69% 33.33% 8.33% 19.30% -5.88% 30.00% -15.38% 47.06%
0.12 0.09 0.35 -0.25 0.35 -1.34 0.34 0.35 3.00 3.30 0.24 0.30 0.09
EPS in Rs 0.12 0.09 0.35 -0.25 0.35 -1.32 0.34 0.35 2.96 3.25 0.24 0.30 0.09
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.55 0.52 0.87 1.40 1.40 0.61
0.30 0.32 0.30 1.90 -1.28 0.28
Operating Profit 0.25 0.20 0.57 -0.50 2.68 0.33
OPM % 45.45% 38.46% 65.52% -35.71% 191.43% 54.10%
0.43 0.40 0.43 0.00 0.00 0.43
Interest 0.34 0.27 0.53 0.52 0.48 0.40
Depreciation 0.01 0.01 0.01 0.00 0.01 0.00
Profit before tax 0.33 0.32 0.46 -1.02 2.19 0.36
Tax % -18.18% 18.75% 8.70% 22.55% 23.29%
0.39 0.76 0.51 -0.89 6.99 3.93
EPS in Rs 0.38 0.75 0.50 -0.88 6.89 3.88
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 39%
TTM: -54%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 110%
TTM: 67%
Stock Price CAGR
10 Years: 16%
5 Years: 35%
3 Years: 25%
1 Year: 75%
Return on Equity
10 Years: %
5 Years: %
3 Years: 11%
Last Year: 33%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
Reserves 7.87 8.63 9.14 9.16 12.70 13.24
2.37 6.06 7.09 6.11 6.90 1.94
0.20 0.20 0.21 0.31 0.42 0.27
Total Liabilities 20.58 25.03 26.58 25.72 30.16 25.59
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
Investments 15.76 16.27 16.35 17.16 19.01 19.19
4.66 8.61 10.08 8.42 11.01 6.27
Total Assets 20.58 25.03 26.58 25.72 30.16 25.59

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.40 -3.87 3.36 1.28 0.37
0.00 0.00 0.00 0.00 0.00
-0.34 3.95 1.37 -1.50 0.31
Net Cash Flow 0.06 0.08 4.73 -0.21 0.68

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 46.45 147.40 71.32 18.25 15.64
Inventory Days
Days Payable
Cash Conversion Cycle 46.45 147.40 71.32 18.25 15.64
Working Capital Days -6.64 84.23 41.95 78.21 13.04
ROCE % 9.68%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.94% 55.48% 55.48% 55.48% 55.41% 55.18% 53.67% 52.85% 52.75% 52.75% 52.75% 52.75%
43.06% 44.52% 44.52% 44.52% 44.59% 44.83% 46.34% 47.14% 47.24% 47.24% 47.24% 47.25%
No. of Shareholders 4,4004,4374,6535,0045,1445,2045,1655,1495,0895,1755,2995,757

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