Karnavati Finance Ltd
₹ 2.03
1.50%
10 Jun
- close price
About
Incorporated in 1984, Karnavati Finance Ltd provides finance of personal loan, business
loan, auto loan, education loan and mortgage loans[1]
Key Points
- Market Cap ₹ 20.4 Cr.
- Current Price ₹ 2.03
- High / Low ₹ 4.08 / 1.65
- Stock P/E
- Book Value ₹ 1.02
- Dividend Yield 0.00 %
- ROCE -2.17 %
- ROE -15.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.7% over past five years.
- Company has a low return on equity of -7.52% 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.37 | 0.48 | 0.44 | 0.95 | 2.02 | 3.24 | 2.76 | 1.22 | 2.40 | 2.85 | 3.04 | 1.57 | |
| 0.26 | 0.81 | 0.17 | 0.24 | 0.56 | 0.66 | 2.35 | 0.95 | 2.04 | 1.76 | 3.04 | 2.10 | |
| Operating Profit | 0.11 | -0.33 | 0.27 | 0.71 | 1.46 | 2.58 | 0.41 | 0.27 | 0.36 | 1.09 | 0.00 | -0.53 |
| OPM % | 29.73% | -68.75% | 61.36% | 74.74% | 72.28% | 79.63% | 14.86% | 22.13% | 15.00% | 38.25% | 0.00% | -33.76% |
| 0.00 | 0.00 | 0.18 | 0.28 | 0.07 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.68 | 1.58 | 0.26 | 0.05 | 0.03 | 0.34 | 1.59 | 1.15 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Profit before tax | 0.10 | -0.35 | 0.43 | 0.96 | 0.83 | 0.99 | 0.14 | 0.21 | 0.40 | 0.74 | -1.57 | -1.68 |
| Tax % | 50.00% | 8.57% | 16.28% | 22.92% | 25.30% | 27.27% | 21.43% | 42.86% | 25.00% | 25.68% | 5.73% | 0.00% |
| 0.04 | -0.38 | 0.37 | 0.75 | 0.62 | 0.72 | 0.11 | 0.12 | 0.30 | 0.56 | -1.67 | -1.68 | |
| EPS in Rs | 0.01 | -0.05 | 0.04 | 0.09 | 0.06 | 0.07 | 0.01 | 0.01 | 0.03 | 0.06 | -0.17 | -0.17 |
| 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: | 13% |
| 5 Years: | -11% |
| 3 Years: | -13% |
| TTM: | -48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | -11% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -4% |
| 3 Years: | -8% |
| Last Year: | -15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.78 | 8.36 | 8.36 | 8.36 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 |
| Reserves | -0.67 | -1.05 | -0.68 | 0.07 | 1.71 | 2.43 | 2.54 | 2.66 | 2.96 | 3.53 | 1.86 | 0.18 |
| 0.03 | 0.27 | 0.02 | 0.00 | 14.52 | 16.03 | 11.30 | 5.44 | 1.21 | 12.72 | 15.55 | 11.09 | |
| 0.24 | 0.29 | 0.31 | 0.42 | 0.67 | 0.81 | 0.53 | 0.77 | 0.25 | 1.05 | 1.27 | 0.29 | |
| Total Liabilities | 3.38 | 7.87 | 8.01 | 8.85 | 26.95 | 29.32 | 24.42 | 18.92 | 14.47 | 27.35 | 28.73 | 21.61 |
| 0.13 | 0.11 | 0.10 | 0.08 | 0.06 | 0.05 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.25 | 7.76 | 7.91 | 8.77 | 26.89 | 29.27 | 24.38 | 18.89 | 14.45 | 27.34 | 28.72 | 21.60 | |
| Total Assets | 3.38 | 7.87 | 8.01 | 8.85 | 26.95 | 29.32 | 24.42 | 18.92 | 14.47 | 27.35 | 28.73 | 21.61 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.29 | -4.65 | -0.07 | 0.35 | -16.56 | 0.08 | 4.86 | 5.71 | 4.25 | -9.44 | -2.79 | 5.48 | |
| -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -0.04 | 4.82 | -0.25 | -0.03 | 16.55 | -0.08 | -5.00 | -5.91 | -4.25 | 11.03 | 1.25 | -5.60 | |
| Net Cash Flow | 0.15 | 0.17 | -0.32 | 0.32 | -0.01 | 0.01 | -0.14 | -0.20 | 0.00 | 1.58 | -1.55 | -0.12 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.99 | 3.04 | 0.00 | 0.00 | 0.00 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.99 | 3.04 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 2,693.11 | 5,330.52 | 6,155.23 | 3,023.74 | 4,645.62 | -70.97 | -64.80 | -206.43 | -12.17 | -96.05 | -121.27 | -32.55 |
| ROCE % | 3.21% | -6.53% | 5.63% | 12.03% | 8.70% | 9.38% | 1.53% | 1.24% | 2.66% | 5.33% | 0.00% | -2.17% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report filed with minor filing delays and fines for FY 2024-25.
-
Financial Results For The Quarter And Year Ended On March 31, 2025
29 May - Karnavati Finance reports audited FY25 results with net loss; auditor gave unmodified opinion.
-
Board Meeting Outcome for For Approval Of Audited Financial Results For The Quarter And Year Ended On March 31, 2025
29 May - Karnavati Finance reports audited FY25 loss of Rs.168.06L; auditor gave unmodified opinion.
-
Board Meeting Intimation for Approval Of Audited Financial Results For The Quarter And Year Ended On March 31, 2025
22 May - Board meeting on May 29 to approve audited financial results for quarter/year ended March 31, 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Karnavati Finance confirms non-applicability of SEBI large corporate debt issuance rules.
Business Overview:[1][2]
KFL is a Non-Systematically Important Non-Deposit Taking NBFC, offering lending, financing, and wealth management solutions. Its services include personal and business loans, gold loans, LAP, microfinance, corporate finance, mortgages, project loans, structured finance, capital market lending, digital lending, and debt syndication.
Product Profile:
a) Personal Loan:[3]
The company offers unsecured loans which doesn’t require any security, mainly to Individuals and small businesses including proprietorship firms & MSMEs, etc
b) Business Loan:[4]
KFL provides finance for requirements of businessmen, Micro, Small, and Medium Enterprises (MSME,) and entrepreneurs
c) Loan Against Property:[5]
This loan is provided to individuals and business enterprises against their property which requires property to be mortgaged in favor of KaFL for security purposes. The tenure of the loan is generally for 3 to 5 year
d) Gold Loan:[6]
Company also offers loans against gold, gold jewelry, etc.
e) Digital Lending:[7]
It provides loans through its digital interface
f) Micro Finance[8]