S R G Securities Finance Ltd

S R G Securities Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

S R G Securities Finance Ltd

₹ 26.0 -13.33%
21 Mar 2024
srgfin.com BSE: 536710
About

SRG Securities Finance is a non-bank finance company involved in activities supplementary to financial intermediation except insurance and pension funding. It offers financial assistance to people in tier-III and tier-II cities. S R G Securities Finance Ltd. operates in the field of financing of vehicles, construction and mining equipment and Business Loan. It is also into financing of commercial vehicles, construction equipment, home loan, insurance and software development. The company provides finance for excavators, dumpers, tippers, compressors and heavy transport vehicles.

Key Points

About[1]
S R G SECURITIES is a NBFC incorporated in 1995 at Jaipur.The company started its financing operations after getting license from Reserve Bank of India in 1999. At present, company finances of Vehicles, construction and mining equipments and Business Loan.

Website BSE
  • Market Cap ₹ 14.0 Cr.
  • Current Price ₹ 26.0
  • High / Low ₹ 31.8 / 11.6
  • Stock P/E 49.9
  • Book Value ₹ 26.3
  • Dividend Yield 0.00 %
  • ROCE 5.04 %
  • ROE 3.80 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.99 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -10.7% over past five years.
  • Company has a low return on equity of 3.59% over last 3 years.

* 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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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
1.99 1.84 1.87 1.49 1.63 1.16 0.94 1.08 0.73 0.69
0.96 0.85 1.32 0.91 0.93 0.63 0.74 0.50 0.92 0.41
Operating Profit 1.03 0.99 0.55 0.58 0.70 0.53 0.20 0.58 -0.19 0.28
OPM % 51.76% 53.80% 29.41% 38.93% 42.94% 45.69% 21.28% 53.70% -26.03% 40.58%
0.00 0.00 0.01 0.00 0.05 0.00 0.00 0.00 0.32 0.00
Interest 0.63 0.57 0.44 0.36 0.28 0.14 0.13 0.00 0.00 0.00
Depreciation 0.03 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.02 0.02
Profit before tax 0.37 0.40 0.10 0.21 0.46 0.38 0.06 0.57 0.11 0.26
Tax % 24.32% 22.50% 30.00% 23.81% 23.91% 23.68% 33.33% 24.56% 27.27% 26.92%
0.28 0.31 0.07 0.15 0.35 0.29 0.05 0.43 0.09 0.19
EPS in Rs 0.52 0.58 0.13 0.28 0.65 0.54 0.09 0.80 0.17 0.35
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
0.83 1.08 1.20 1.64 1.97 2.64 3.19 3.81 3.71 3.13 2.10 1.81 1.42
0.21 0.34 0.55 0.84 0.92 0.98 1.33 1.72 2.16 1.84 1.30 1.42 1.33
Operating Profit 0.62 0.74 0.65 0.80 1.05 1.66 1.86 2.09 1.55 1.29 0.80 0.39 0.09
OPM % 74.70% 68.52% 54.17% 48.78% 53.30% 62.88% 58.31% 54.86% 41.78% 41.21% 38.10% 21.55% 6.34%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.32 0.32
Interest 0.42 0.49 0.37 0.40 0.54 1.00 1.13 1.22 1.01 0.65 0.27 0.00 0.00
Depreciation 0.03 0.03 0.03 0.06 0.13 0.12 0.08 0.06 0.04 0.02 0.02 0.02 0.04
Profit before tax 0.17 0.22 0.25 0.34 0.38 0.54 0.65 0.81 0.50 0.67 0.51 0.69 0.37
Tax % 35.29% 31.82% 32.00% 29.41% 31.58% 29.63% 24.62% 24.69% 24.00% 23.88% 23.53% 24.64%
0.11 0.15 0.17 0.24 0.26 0.38 0.49 0.61 0.38 0.51 0.39 0.52 0.28
EPS in Rs 1.21 1.65 0.44 0.62 0.67 0.98 0.91 1.13 0.71 0.95 0.73 0.97 0.52
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: 5%
5 Years: -11%
3 Years: -21%
TTM: -30%
Compounded Profit Growth
10 Years: 13%
5 Years: 1%
3 Years: 11%
TTM: -42%
Stock Price CAGR
10 Years: 3%
5 Years: %
3 Years: %
1 Year: 77%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 4%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

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 0.91 0.91 3.88 3.88 3.88 3.88 5.38 5.38 5.38 5.38 5.38 5.38 5.38
Reserves 0.49 0.69 2.93 3.16 3.39 3.75 6.33 5.67 6.89 7.66 8.05 8.57 8.76
3.11 3.36 2.14 2.58 7.05 8.49 11.75 9.91 6.68 3.29 0.00 0.00 0.00
0.36 0.18 0.23 0.24 0.27 0.37 0.52 1.88 0.94 0.83 0.67 0.57 0.44
Total Liabilities 4.87 5.14 9.18 9.86 14.59 16.49 23.98 22.84 19.89 17.16 14.10 14.52 14.58
0.10 0.12 0.10 0.27 0.35 0.24 0.19 0.13 0.09 0.07 0.05 0.43 0.40
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 0.00 0.00 0.00 0.00 0.94 0.94 3.96 0.94 1.69 1.69 1.69 3.58 5.04
4.77 5.02 9.08 9.59 13.30 15.31 19.83 21.77 18.11 15.40 12.36 10.51 9.14
Total Assets 4.87 5.14 9.18 9.86 14.59 16.49 23.98 22.84 19.89 17.16 14.10 14.52 14.58

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.59 -0.08 -3.63 -0.50 -2.30 -1.58 -2.60 -0.25 4.63 4.87 4.87 -1.38
0.00 -0.05 -0.01 -0.23 -1.15 -0.01 -3.06 3.09 -0.75 0.00 0.00 0.00
0.53 0.25 3.80 0.43 4.47 1.44 5.76 -1.79 -3.20 -3.37 -3.37 -0.46
Net Cash Flow -0.06 0.12 0.16 -0.30 1.02 -0.15 0.10 1.04 0.68 1.50 1.50 -1.84

Ratios

Figures in Rs. Crores

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 1,956.93 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 1,956.93 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 1,816.20 1,500.56 2,378.58 2,009.73 2,152.94 1,891.36 -48.06 -65.14 -42.30 314.86 479.71 338.78
ROCE % 14.08% 14.99% 8.91% 7.97% 7.69% 10.12% 8.99% 9.14% 7.57% 7.48% 5.24% 5.04%

Shareholding Pattern

Numbers in percentages

Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
61.46% 61.46% 61.46% 61.46% 61.46% 62.63% 63.33% 63.33% 63.33% 64.04% 64.04% 64.04%
38.54% 38.54% 38.54% 38.54% 38.54% 37.37% 36.67% 36.67% 36.68% 35.97% 35.97% 35.97%
No. of Shareholders 133133133133133132131130130128127127

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