SG Finserve Ltd

SG Finserve Ltd

₹ 428 0.02%
13 Dec - close price
About

Incorporated in 1994, Moongipa Securities Ltd is in the business of Investing Activities, Investment Research, Investment Banking and Wealth Management

Key Points

New Business Operations
SG Finserve previously offered a wide range of services, including broking, distribution, investment research, online trading, wealth management, investment banking, and insurance. However, the company recently ceased all operations.

The co. re-started its operations on Sept 1, 2022. The co. now provides financing solutions to channel partners (Dealers, Distributors, Retailers, Buyers, etc.) of Indian corporations at competitive rates of 10-13% per annum to grow their business and that of their business partner. [1]

  • Market Cap 2,820 Cr.
  • Current Price 428
  • High / Low 576 / 325
  • Stock P/E 35.7
  • Book Value 153
  • Dividend Yield 0.00 %
  • ROCE 12.0 %
  • ROE 11.4 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 198% CAGR over last 5 years
  • Company's working capital requirements have reduced from 318 days to 17.8 days

Cons

  • Stock is trading at 2.79 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -0.78%
  • Company has a low return on equity of 9.89% 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

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Revenue 1 0 0 0 1 12 28 35 44 52 59 44 31
Interest 0 0 0 0 0 2 6 11 15 18 21 12 0
0 0 1 1 1 4 3 3 6 5 7 6 10
Financing Profit 0 -0 -1 -1 0 6 19 21 23 29 31 25 21
Financing Margin % 63% -2,000% -372% -9,100% 26% 51% 68% 60% 53% 55% 53% 58% 67%
0 1 0 0 0 0 0 0 0 0 1 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 1 -1 -1 1 6 19 21 23 29 32 26 21
Tax % 40% 28% -24% -7% 34% 27% 25% 25% 25% 25% 25% 26% 32%
0 1 -1 -1 1 5 14 16 17 22 24 19 14
EPS in Rs 0.50 1.40 -1.38 -1.64 0.19 1.12 3.40 3.68 3.18 3.94 4.33 3.47 2.53
Gross NPA %
Net NPA %
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 TTM
Revenue 1 1 6 4 1 1 0 0 2 2 41 190 185
Interest 0 0 0 0 0 0 0 0 0 0 8 64 51
1 1 6 4 0 1 1 1 1 1 8 21 28
Financing Profit 0 0 0 0 0 1 -0 -1 2 1 25 105 106
Financing Margin % 2% 8% 6% 4% 35% 55% -172% -344% 69% 55% 59% 55% 57%
0 0 0 0 0 0 0 0 0 -0 1 0 2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 0 1 -0 -1 2 1 25 105 108
Tax % 50% 11% 32% 38% 23% 29% -27% 5% 4% 30% 26% 25%
0 0 0 0 0 1 -0 -1 2 1 18 79 79
EPS in Rs 0.00 0.50 0.48 0.18 0.46 1.18 -0.68 -2.00 3.15 1.56 4.46 14.29 14.27
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 64%
5 Years: 266%
3 Years: 332%
TTM: 56%
Compounded Profit Growth
10 Years: 93%
5 Years: 198%
3 Years: 268%
TTM: 52%
Stock Price CAGR
10 Years: %
5 Years: 174%
3 Years: 149%
1 Year: -12%
Return on Equity
10 Years: 10%
5 Years: 10%
3 Years: 10%
Last Year: 11%

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 Sep 2024
Equity Capital 5 5 5 5 5 5 5 5 5 5 41 55 56
Reserves 1 2 2 2 2 3 2 2 3 4 532 751 801
0 0 1 0 0 0 1 1 0 0 493 957 0
0 0 0 0 0 0 0 0 0 0 13 16 17
Total Liabilities 6 7 8 7 7 8 8 8 8 9 1,079 1,779 873
0 0 0 0 2 2 2 1 1 1 0 2 2
CWIP 0 0 0 0 0 0 0 0 0 0 1 0 0
Investments 2 2 2 2 1 1 1 2 1 2 0 0 0
5 5 6 5 5 6 5 5 6 6 1,078 1,778 871
Total Assets 6 7 8 7 7 8 8 8 8 9 1,079 1,779 873

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 -0 0 -1 -0 -0 -1 -1 0 0 -941 -565
-0 1 -1 -1 0 -0 1 1 1 -0 2 -1
-0 -0 -0 -0 0 -0 0 0 -1 0 1,030 552
Net Cash Flow -0 0 -1 -2 -0 -0 -0 0 0 0 91 -14

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
ROE % -0% 2% 4% 1% 3% 8% -4% -14% 22% 10% 6% 11%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
56.25% 56.25% 56.25% 73.05% 50.88% 50.88% 49.38% 47.80% 47.80% 47.77% 46.99% 48.38%
0.00% 0.00% 0.00% 0.00% 9.09% 0.00% 0.10% 0.14% 0.20% 0.25% 0.37% 0.07%
0.00% 0.00% 0.00% 0.00% 0.97% 0.97% 0.94% 0.73% 0.81% 1.38% 1.62% 1.83%
43.75% 43.75% 43.75% 26.95% 39.07% 48.15% 49.57% 51.32% 51.18% 50.59% 51.02% 49.73%
No. of Shareholders 1041003915846471,7503,3728,6009,40911,36812,43914,091

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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