First Fintec Ltd
First Fintec is engaged primarily in the business of Fintec, Edtec and IT/ITES (E-education/Healthcare).
- Market Cap ₹ 7.94 Cr.
- Current Price ₹ 7.64
- High / Low ₹ 8.98 / 3.91
- Stock P/E 27.4
- Book Value ₹ 10.3
- Dividend Yield 0.00 %
- ROCE -15.2 %
- ROE -14.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.73 times its book value
- Debtor days have improved from 83.2 to 35.7 days.
- Company's working capital requirements have reduced from 661 days to 59.5 days
Cons
- Company has a low return on equity of -22.9% over last 3 years.
- Earnings include an other income of Rs.0.56 Cr.
- Promoter holding has decreased over last 3 years: -9.16%
* 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: IT - Software Industry: Computers - Software - Medium / Small
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
63.73 | 63.48 | 45.23 | 27.77 | 14.24 | 14.87 | 10.01 | 6.67 | 1.33 | 0.13 | 0.63 | 5.83 | 3.96 | |
55.78 | 57.01 | 46.91 | 25.34 | 13.77 | 14.08 | 8.89 | 5.59 | 1.91 | 1.27 | 1.10 | 5.52 | 2.81 | |
Operating Profit | 7.95 | 6.47 | -1.68 | 2.43 | 0.47 | 0.79 | 1.12 | 1.08 | -0.58 | -1.14 | -0.47 | 0.31 | 1.15 |
OPM % | 12.47% | 10.19% | -3.71% | 8.75% | 3.30% | 5.31% | 11.19% | 16.19% | -43.61% | -876.92% | -74.60% | 5.32% | 29.04% |
0.43 | 0.74 | 0.46 | -1.31 | 0.48 | 0.39 | 0.36 | 0.33 | 0.33 | -1.51 | 0.15 | 0.00 | 0.56 | |
Interest | 0.00 | 0.00 | 0.17 | 0.17 | 0.13 | 0.06 | 0.05 | 0.05 | 0.05 | 0.02 | 0.01 | 0.00 | 0.00 |
Depreciation | 7.88 | 7.04 | 4.41 | 3.20 | 0.40 | 0.87 | 1.23 | 3.09 | 4.48 | 4.59 | 3.34 | 2.17 | 1.58 |
Profit before tax | 0.50 | 0.17 | -5.80 | -2.25 | 0.42 | 0.25 | 0.20 | -1.73 | -4.78 | -7.26 | -3.67 | -1.86 | 0.13 |
Tax % | 140.00% | 0.00% | 8.79% | 20.00% | 88.10% | 56.00% | 40.00% | -0.58% | -2.09% | 3.03% | 7.90% | 11.29% | |
-0.21 | 0.18 | -5.29 | -1.80 | 0.06 | 0.12 | 0.12 | -1.74 | -4.89 | -7.04 | -3.38 | -1.65 | 0.29 | |
EPS in Rs | -0.20 | 0.17 | -5.09 | -1.73 | 0.06 | 0.12 | 0.12 | -1.67 | -4.70 | -6.77 | -3.25 | -1.59 | 0.29 |
Dividend Payout % | -74.29% | 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: | -21% |
5 Years: | -10% |
3 Years: | 64% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
TTM: | 115% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | -6% |
3 Years: | 15% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | -17% |
3 Years: | -23% |
Last Year: | -14% |
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 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 |
Reserves | 30.78 | 30.95 | 25.66 | 23.86 | 20.40 | 20.22 | 20.34 | 18.22 | 13.06 | 5.47 | 2.09 | 0.44 | 0.26 |
2.60 | 0.00 | 1.74 | 1.37 | 0.87 | 0.50 | 0.50 | 0.49 | 0.62 | 0.38 | 0.53 | 0.68 | 0.69 | |
12.43 | 6.53 | 4.04 | 2.84 | 2.53 | 2.78 | 2.41 | 2.34 | 2.39 | 2.15 | 1.76 | 1.51 | 1.44 | |
Total Liabilities | 56.21 | 47.88 | 41.84 | 38.47 | 34.20 | 33.90 | 33.65 | 31.45 | 26.47 | 18.40 | 14.78 | 13.03 | 12.79 |
27.93 | 20.89 | 16.51 | 14.36 | 11.55 | 11.49 | 15.10 | 19.13 | 19.81 | 17.40 | 14.06 | 12.00 | 11.40 | |
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 | 3.90 | 3.90 | 3.72 | 1.87 | 1.79 | 1.79 | 1.78 | 1.78 | 1.78 | 0.13 | 0.00 | 0.00 | 0.00 |
24.38 | 23.09 | 21.61 | 22.24 | 20.86 | 20.62 | 16.77 | 10.54 | 4.88 | 0.87 | 0.72 | 1.03 | 1.39 | |
Total Assets | 56.21 | 47.88 | 41.84 | 38.47 | 34.20 | 33.90 | 33.65 | 31.45 | 26.47 | 18.40 | 14.78 | 13.03 | 12.79 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.40 | 2.60 | -1.89 | -0.34 | 1.46 | 1.45 | 4.82 | 7.50 | 5.34 | 0.52 | -0.20 | -0.18 | |
-5.44 | 0.00 | 0.15 | 0.81 | -1.03 | -1.11 | -4.82 | -7.50 | -5.44 | -0.25 | 0.14 | -0.11 | |
-0.18 | -2.60 | 1.74 | -0.37 | -0.51 | -0.36 | 0.00 | -0.01 | 0.12 | -0.23 | 0.14 | 0.15 | |
Net Cash Flow | -0.22 | 0.00 | 0.00 | 0.10 | -0.08 | -0.02 | 0.00 | 0.00 | 0.02 | 0.04 | 0.09 | -0.14 |
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 | 102.06 | 95.68 | 122.02 | 220.55 | 429.85 | 408.45 | 463.45 | 352.41 | 290.90 | 196.54 | 17.38 | 35.69 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 102.06 | 95.68 | 122.02 | 220.55 | 429.85 | 408.45 | 463.45 | 352.41 | 290.90 | 196.54 | 17.38 | 35.69 |
Working Capital Days | 84.19 | 110.91 | 159.70 | 276.94 | 520.59 | 488.96 | 601.28 | 566.38 | 1,267.89 | 1,656.54 | 266.51 | 59.48 |
ROCE % | 1.36% | 0.40% | -13.82% | -0.46% | 1.81% | 0.99% | 0.83% | -5.57% | -17.79% | -27.72% | -25.08% | -15.16% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Certificate Under Reg. 40 (9) And 40(10) Of SEBI (LODR) Regulations, 2015. 12 Apr
-
Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulation, 2015
10 Apr - Dear Sir, Please find the attachment. For First Fintec Limited Authorised Signatory / Compliance Officer
- Non-Applicability Of Initial Disclosure - Fund Raising By Issuance Of Debt Securities Non-Applicability Of Initial Disclosure - Fund Raising By Issuance Of Debt Securities 10 Apr
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
from bse