Smart Finsec Ltd

Smart Finsec Ltd

₹ 12.2 -0.33%
18 Jun 10:20 a.m.
About

Incorporated in 1994, Smart Finsec Ltd lends small loans and invests in stocks, securities and bonds[1]

Key Points

Registration:[1]
Company is registered as a Non Systematically Important Non Deposit Taking Non Banking Finance Company

  • Market Cap 36.7 Cr.
  • Current Price 12.2
  • High / Low 22.4 / 6.80
  • Stock P/E 15.5
  • Book Value 4.84
  • Dividend Yield 0.00 %
  • ROCE 22.0 %
  • ROE 17.8 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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
4.94 5.47 10.34 23.44 11.66 6.70 7.28 12.46 4.34 5.14 7.85 11.25 0.84
4.48 4.00 8.62 21.96 11.73 6.44 6.88 11.31 4.18 5.25 5.76 10.76 0.16
Operating Profit 0.46 1.47 1.72 1.48 -0.07 0.26 0.40 1.15 0.16 -0.11 2.09 0.49 0.68
OPM % 9.31% 26.87% 16.63% 6.31% -0.60% 3.88% 5.49% 9.23% 3.69% -2.14% 26.62% 4.36% 80.95%
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
Interest 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.35 1.46 1.71 1.47 -0.08 0.25 0.39 1.14 0.15 -0.12 2.08 0.48 0.67
Tax % -5.71% 21.92% 26.90% 31.29% -212.50% 28.00% 23.08% 23.68% 46.67% 0.00% 23.08% 20.83% 20.90%
0.37 1.14 1.25 1.00 -0.26 0.18 0.30 0.86 0.07 -0.12 1.59 0.37 0.53
EPS in Rs 0.12 0.38 0.42 0.33 -0.09 0.06 0.10 0.29 0.02 -0.04 0.53 0.12 0.18
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
0.20 0.18 0.74 -0.03 1.30 15.54 4.69 9.64 23.22 50.82 30.75 25.07
0.08 0.09 0.80 0.25 0.14 14.50 3.87 9.08 22.62 46.22 28.78 21.93
Operating Profit 0.12 0.09 -0.06 -0.28 1.16 1.04 0.82 0.56 0.60 4.60 1.97 3.14
OPM % 60.00% 50.00% -8.11% 89.23% 6.69% 17.48% 5.81% 2.58% 9.05% 6.41% 12.52%
0.16 0.15 0.14 0.15 0.33 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.12 0.10 0.00 0.00 0.00
Depreciation 0.01 0.01 0.00 0.06 0.06 0.06 0.06 0.05 0.05 0.05 0.05 0.06
Profit before tax 0.27 0.23 0.08 -0.19 1.43 0.98 0.76 0.39 0.45 4.55 1.92 3.08
Tax % 3.70% 4.35% -12.50% 57.89% 22.38% 13.27% 19.74% 12.82% 0.00% 23.96% 26.04% 23.70%
0.26 0.22 0.08 -0.08 1.11 0.86 0.61 0.34 0.45 3.46 1.41 2.37
EPS in Rs 0.09 0.07 0.03 -0.03 0.37 0.29 0.20 0.11 0.15 1.15 0.47 0.79
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: 64%
5 Years: 40%
3 Years: 3%
TTM: -18%
Compounded Profit Growth
10 Years: 27%
5 Years: 31%
3 Years: 74%
TTM: 68%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 32%
1 Year: 65%
Return on Equity
10 Years: 15%
5 Years: 17%
3 Years: 21%
Last Year: 18%

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 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Reserves 0.60 0.82 0.90 0.83 1.94 2.80 3.41 3.83 4.24 7.73 9.14 11.51
Preference Capital 0.00 0.00 0.00 1.50 4.80 4.80 4.80 0.00 0.00 0.00 0.00
0.02 0.00 0.00 0.00 0.00 0.00 0.00 4.80 9.05 2.60 1.40 0.00
0.15 0.12 0.11 1.60 5.12 5.03 6.20 0.30 0.14 0.05 0.05 0.09
Total Liabilities 3.77 3.94 4.01 5.43 10.06 10.83 12.61 11.93 16.43 13.38 13.59 14.60
0.87 0.87 1.85 1.80 1.74 1.68 1.62 1.57 1.51 1.46 1.40 1.35
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 2.11 2.25 1.46 1.46 5.33 5.81 5.65 4.30 4.54 2.71 1.06 1.77
0.79 0.82 0.70 2.17 2.99 3.34 5.34 6.06 10.38 9.21 11.13 11.48
Total Assets 3.77 3.94 4.01 5.43 10.06 10.83 12.61 11.93 16.43 13.38 13.59 14.60

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
-0.44 0.12 -0.07 -1.08 -0.74 -0.16 0.02 -0.79 -4.87 4.68 -0.50 2.66
0.10 0.04 -0.07 0.13 -3.49 0.00 0.00 0.00 0.00 1.83 1.62 -0.60
0.00 -0.02 0.02 1.96 3.30 0.00 0.00 0.00 4.25 -6.45 -1.20 -1.40
Net Cash Flow -0.35 0.14 -0.12 1.01 -0.93 -0.16 0.02 -0.79 -0.61 0.06 -0.09 0.66

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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 44.68 24.36 5.03 68.25 0.58
Inventory Days 0.00 -9,733.33 30.10 0.99 119.32 108.39 63.47 52.53 0.00
Days Payable 0.00 0.00 6.63 0.00 0.00 0.00
Cash Conversion Cycle 0.00 0.00 0.00 -9,733.33 0.00 30.10 0.99 157.37 132.76 68.50 120.78 0.58
Working Capital Days 730.00 730.00 172.64 8,516.67 603.65 65.77 294.18 145.02 127.95 62.56 116.44 147.63
ROCE % 6.18% 2.33% -4.12% 18.98% 9.64% 6.97% 4.47% 3.94% 30.72% 14.29%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 74.99% 74.99%
27.87% 27.87% 27.87% 27.87% 27.87% 27.87% 27.86% 27.87% 27.87% 27.87% 25.01% 25.02%
No. of Shareholders 3395621,3144,0855,5185,8917,5057,8138,3598,34512,85314,080

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