Sangam Finserv Ltd

Sangam Finserv Ltd

₹ 108 2.63%
22 Jul - close price
About

Incorporated in 1981, Suchitra Finance & Trading Co Ltd is non-deposit taking NBFC engaged in financing industrial enterprises

Key Points

Business Overview:[1][2]
Company does lending and receiving loans and advances to non-corporate businesses, corporate businesses, mortgage, personal, retailing, small and medium manufacturing enterprises, industrial finance and provides services to households, businesses, etc.

  • Market Cap 100 Cr.
  • Current Price 108
  • High / Low 129 / 54.5
  • Stock P/E 12.7
  • Book Value 136
  • Dividend Yield 0.00 %
  • ROCE 9.21 %
  • ROE 6.41 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.79 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 -10.9% over past five years.
  • Company has a low return on equity of 6.29% 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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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
5.29 4.41 3.70 3.62 3.54 3.68 3.95 4.42 4.42 4.08 5.03 4.76 4.70
0.74 0.27 0.24 0.11 0.42 0.14 0.26 0.33 2.44 0.79 0.65 0.83 1.95
Operating Profit 4.55 4.14 3.46 3.51 3.12 3.54 3.69 4.09 1.98 3.29 4.38 3.93 2.75
OPM % 86.01% 93.88% 93.51% 96.96% 88.14% 96.20% 93.42% 92.53% 44.80% 80.64% 87.08% 82.56% 58.51%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.00 0.00 0.00 0.00 0.00
Interest 4.54 1.37 0.77 0.88 0.87 0.69 0.80 1.24 1.25 0.71 0.88 0.98 0.95
Depreciation 0.00 0.00 0.00 0.04 0.06 0.06 0.06 0.06 0.07 0.06 0.06 0.06 0.06
Profit before tax 0.01 2.77 2.69 2.59 2.19 2.79 2.83 2.92 0.66 2.52 3.44 2.89 1.74
Tax % 23,800.00% 25.27% 24.91% 24.71% 31.05% 38.35% 25.09% 22.95% 43.94% 27.38% 23.55% 24.91% 26.44%
-2.37 2.07 2.02 1.95 1.51 1.71 2.12 2.25 0.36 1.83 2.63 2.16 1.28
EPS in Rs -2.54 2.22 2.17 2.09 1.62 1.83 2.27 2.41 0.39 1.96 2.82 2.32 1.37
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
0.09 0.09 0.34 2.01 12.70 24.34 33.07 21.61 21.86 15.28 16.50 18.57
0.07 0.05 0.21 0.20 0.81 0.97 0.86 0.65 1.31 1.04 3.06 4.23
Operating Profit 0.02 0.04 0.13 1.81 11.89 23.37 32.21 20.96 20.55 14.24 13.44 14.34
OPM % 22.22% 44.44% 38.24% 90.05% 93.62% 96.01% 97.40% 96.99% 94.01% 93.19% 81.45% 77.22%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.01
Interest 0.00 0.00 0.09 1.32 5.32 12.84 18.88 8.73 9.46 3.90 3.99 3.52
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.25 0.24
Profit before tax 0.02 0.04 0.04 0.49 6.57 10.53 13.33 12.23 11.10 10.24 9.20 10.59
Tax % 50.00% 25.00% 50.00% 36.73% 33.49% 30.10% 30.01% 25.84% 46.58% 26.27% 30.00% 25.40%
0.01 0.03 0.02 0.31 4.37 7.36 9.33 9.06 5.93 7.55 6.44 7.90
EPS in Rs 0.01 0.03 0.02 0.33 4.69 7.89 10.01 9.72 6.36 8.10 6.91 8.47
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 21.33% 15.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 70%
5 Years: -11%
3 Years: -5%
TTM: 13%
Compounded Profit Growth
10 Years: 75%
5 Years: -3%
3 Years: 10%
TTM: 23%
Stock Price CAGR
10 Years: %
5 Years: 10%
3 Years: 13%
1 Year: 50%
Return on Equity
10 Years: 6%
5 Years: 7%
3 Years: 6%
Last Year: 6%

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 9.32 9.32 9.32 9.32 9.32 9.32 9.32 9.32 9.32 9.32 9.32 9.32
Reserves 61.33 61.36 61.39 61.70 66.07 72.31 80.50 89.86 95.78 103.33 109.94 117.81
0.00 0.00 6.09 32.86 105.59 243.88 340.40 66.74 69.30 44.07 33.36 26.63
0.03 0.02 0.09 0.25 1.49 2.25 2.70 1.90 3.86 2.06 1.66 1.60
Total Liabilities 70.68 70.70 76.89 104.13 182.47 327.76 432.92 167.82 178.26 158.78 154.28 155.36
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.73 0.71 0.51
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 62.81 67.95 67.95 41.15 20.50 20.50 20.03 0.27 0.27 0.26 9.72 13.31
7.87 2.75 8.94 62.98 161.97 307.26 412.89 167.55 177.99 157.79 143.85 141.54
Total Assets 70.68 70.70 76.89 104.13 182.47 327.76 432.92 167.82 178.26 158.78 154.28 155.36

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
-0.89 5.21 -6.09 -53.44 -85.69 -136.36 -95.97 253.61 -1.47 24.96 20.63 10.35
-0.01 -5.14 0.00 26.80 20.65 0.00 0.00 20.05 0.00 -0.83 -9.63 -3.71
0.00 0.00 6.01 26.77 64.83 137.17 95.17 -273.66 2.56 -25.24 -10.71 -6.73
Net Cash Flow -0.90 0.07 -0.08 0.13 -0.21 0.81 -0.80 0.00 1.09 -1.11 0.30 -0.09

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 6,286.11 6,083.33 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 6,286.11 6,083.33 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 31,227.78 10,138.89 9,253.82 11,336.79 4,390.35 4,412.54 -26.38 -6.25 -61.28 -44.91 -32.08 -14.94
ROCE % 0.03% 0.06% 0.18% 2.00% 8.35% 9.23% 8.52% 7.03% 12.08% 8.54% 8.53% 9.21%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
63.08% 63.08% 63.08% 63.08% 63.08% 63.08% 63.08% 63.08% 63.08% 63.08% 63.08% 63.08%
36.92% 36.92% 36.92% 36.92% 36.92% 36.92% 36.93% 36.92% 36.92% 36.93% 36.93% 36.93%
No. of Shareholders 694705771771777793852837845898889881

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