Goenka Business & Finance Ltd

Goenka Business & Finance Ltd

₹ 6.62 4.75%
12 Apr 4:00 p.m.
About

Incorporated in 1987, Goenka Business & Finance Ltd is in the business of lending and other financial services

Key Points

Business Overview:[1][2]
Company is a non deposit accepting NBFC engaged in financial services. Company invests, buys, sells, transfers, deals in any shares, debentures (whether perpetual or redeemable debentures), derivatives, securities, properties of any other company including securities of any Government, Local authority, bonds and certificates. Company's focus is on lending money to borrower or raise money with or without security and /or by the issue or sale of any bonds, mortgages, debentures, etc.

  • Market Cap 8.61 Cr.
  • Current Price 6.62
  • High / Low 8.39 / 4.65
  • Stock P/E
  • Book Value 22.4
  • Dividend Yield 0.00 %
  • ROCE 34.1 %
  • ROE 0.48 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.29 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 14.9%
  • Company has a low return on equity of 1.37% 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

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
29.06 110.37 264.93 719.04 179.61 256.80 65.39 84.77 68.27 30.40 18.59 29.20 20.04
24.55 104.37 257.18 713.35 179.54 253.51 60.66 82.09 65.90 30.24 17.50 26.27 15.16
Operating Profit 4.51 6.00 7.75 5.69 0.07 3.29 4.73 2.68 2.37 0.16 1.09 2.93 4.88
OPM % 15.52% 5.44% 2.93% 0.79% 0.04% 1.28% 7.23% 3.16% 3.47% 0.53% 5.86% 10.03% 24.35%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.03 0.00
Interest 5.11 5.65 5.10 4.21 3.92 2.55 2.66 2.33 2.58 2.29 1.44 2.52 3.04
Depreciation 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00
Profit before tax -0.60 0.34 2.64 1.47 -3.85 0.73 2.06 0.34 -0.22 -2.14 -0.31 0.44 1.84
Tax % 25.00% -26.47% 25.00% 22.45% 26.23% 49.32% 25.24% 26.47% 63.64% 26.64% 29.03% 40.91% 26.09%
-0.45 0.43 1.98 1.15 -2.84 0.37 1.55 0.25 -0.08 -1.57 -0.22 0.25 1.36
EPS in Rs -0.35 0.33 1.52 0.88 -2.18 0.28 1.19 0.19 -0.06 -1.21 -0.17 0.19 1.05
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
0.92 1.16 2.99 3.23 2.29 1.92 6.73 5.33 57.40 186.49 1,420.35 248.83 98.23
0.92 1.16 2.92 2.45 2.07 1.77 7.31 6.41 48.77 166.90 1,403.58 238.89 89.17
Operating Profit 0.00 0.00 0.07 0.78 0.22 0.15 -0.58 -1.08 8.63 19.59 16.77 9.94 9.06
OPM % 0.00% 0.00% 2.34% 24.15% 9.61% 7.81% -8.62% -20.26% 15.03% 10.50% 1.18% 3.99% 9.22%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.24 0.00 0.00 0.00 0.00 0.07
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.01 10.58 19.40 15.81 9.86 9.29
Depreciation 0.00 0.00 0.01 0.02 0.13 0.05 0.04 0.02 0.01 0.02 0.02 0.02 0.01
Profit before tax 0.00 0.00 0.06 0.76 0.09 0.10 -0.68 -0.87 -1.96 0.17 0.94 0.06 -0.17
Tax % 33.33% 31.58% 33.33% 20.00% 0.00% -1.15% 28.57% -158.82% 36.17% -150.00%
0.00 0.00 0.04 0.52 0.05 0.08 -0.67 -0.88 -1.40 0.44 0.60 0.14 -0.18
EPS in Rs 0.03 0.40 0.04 0.06 -0.52 -0.68 -1.08 0.34 0.46 0.11 -0.14
Dividend Payout % 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: 71%
5 Years: 106%
3 Years: 63%
TTM: -79%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 28%
TTM: -109%
Stock Price CAGR
10 Years: %
5 Years: 51%
3 Years: 36%
1 Year: -13%
Return on Equity
10 Years: 0%
5 Years: -1%
3 Years: 1%
Last Year: 0%

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 3.00 3.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00
Reserves 2.29 2.29 17.27 17.78 17.82 17.92 17.27 16.39 14.99 15.42 16.02 16.13 16.15
0.00 0.00 0.00 0.00 0.00 0.00 10.56 0.00 0.00 0.00 0.00 0.00 0.00
1.00 0.98 1.28 0.38 0.15 1.80 1.44 6.21 149.33 183.50 108.64 94.36 121.79
Total Liabilities 6.29 6.27 31.55 31.16 30.97 32.72 42.27 35.60 177.32 211.92 137.66 123.49 150.94
0.00 0.00 0.00 0.06 0.10 0.07 0.06 0.04 0.03 0.07 0.07 0.05 0.04
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 6.30 2.82 0.12 0.10 0.10 0.10 2.17 2.50 2.75 2.00
6.29 6.27 31.55 24.80 28.05 32.53 42.11 35.46 177.19 209.68 135.09 120.69 148.90
Total Assets 6.29 6.27 31.55 31.16 30.97 32.72 42.27 35.60 177.32 211.92 137.66 123.49 150.94

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
0.02 -0.01 -24.20 5.63 -3.09 -3.04 1.80 -1.58 7.76 2.42 -9.69 7.10
0.00 0.00 0.00 -6.36 3.40 2.68 0.02 0.00 0.00 -0.06 -0.02 -0.01
0.00 0.00 25.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.02 -0.01 0.80 -0.73 0.31 -0.36 1.82 -1.58 7.76 2.37 -9.71 7.10

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 11.90 0.00 0.00 0.00 0.00 11.41 105.76 0.00 0.00 0.00 0.00 0.00
Inventory Days 272.65 223.82 28.68 32.74 6.56 1,847.81 83.03 126.28 25.80 81.72 10.93 67.99
Days Payable 439.76 334.01 155.12 0.00 0.00 524.69 67.88 4.32 1.72 0.00 0.00 0.00
Cash Conversion Cycle -155.21 -110.19 -126.45 32.74 6.56 1,334.53 120.90 121.95 24.08 81.72 10.93 67.99
Working Capital Days 2,086.85 1,658.23 3,588.96 2,747.11 4,395.94 5,843.80 113.89 -323.23 -920.13 -274.15 -15.37 -71.96
ROCE % 0.00% 0.00% 0.34% 2.49% 0.29% 0.32% -1.73% -2.45% 30.05% 69.38% 58.32% 34.12%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
14.91% 14.91% 14.91% 14.91% 14.91% 14.91% 14.91% 14.91% 14.91% 14.91% 14.91% 14.91%
85.09% 85.09% 85.09% 85.09% 85.09% 85.08% 85.08% 85.09% 85.09% 85.10% 85.09% 85.09%
No. of Shareholders 4,2824,6524,5688,7259,2278,9068,9068,9329,0699,0699,2379,833

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