BFL Asset Finvest Ltd

BFL Asset Finvest Ltd

₹ 19.1 -3.96%
26 Apr - close price
About

Incorporated in 1995, BFL Asset Finvest Ltd is
in the business of capital market investment and credit services[1]

Key Points

Business Overview:[1][2]
Company is a Non Systematically Important
Non-Deposit Taking Investment and credit Non-Banking Finance Company based in Jaipur. Its main business is dealing in shares, securities, futures and options, securities investments, trading, negotiable instruments, etc.

  • Market Cap 19.5 Cr.
  • Current Price 19.1
  • High / Low 26.5 / 10.2
  • Stock P/E 4.54
  • Book Value 13.9
  • Dividend Yield 0.00 %
  • ROCE 1.49 %
  • ROE 0.25 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 27.1%
  • Company has a low return on equity of 2.08% 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
0.20 0.15 0.80 -0.09 2.03 0.34 0.20 0.30 0.32 0.33 0.47 12.50 13.12
-0.32 0.53 -1.15 0.60 1.89 0.57 0.12 0.28 -0.01 0.56 0.16 10.65 10.25
Operating Profit 0.52 -0.38 1.95 -0.69 0.14 -0.23 0.08 0.02 0.33 -0.23 0.31 1.85 2.87
OPM % 260.00% -253.33% 243.75% 6.90% -67.65% 40.00% 6.67% 103.12% -69.70% 65.96% 14.80% 21.88%
0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.33 0.01 0.01 0.00 0.00 0.00
Interest 0.14 0.12 0.10 0.06 0.06 0.06 0.07 0.07 0.07 0.18 0.06 0.16 0.11
Depreciation 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
Profit before tax 0.38 -0.50 1.85 -0.73 0.08 -0.29 0.01 0.28 0.27 -0.40 0.25 1.69 2.76
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% -79.31% 0.00% 0.00% -77.78% 0.00% 0.00% 0.00% 0.00%
0.38 -0.51 1.85 -0.73 0.08 -0.52 0.01 0.28 0.48 -0.40 0.25 1.69 2.76
EPS in Rs 0.37 -0.50 1.81 -0.72 0.08 -0.51 0.01 0.27 0.47 -0.39 0.25 1.66 2.70
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 TTM
8.19 0.06 0.27 0.92 1.69 0.56 6.14 2.95 1.33 3.11 1.16 26.42
8.16 0.04 0.32 0.78 0.36 0.44 4.98 1.96 0.64 1.93 0.95 21.62
Operating Profit 0.03 0.02 -0.05 0.14 1.33 0.12 1.16 0.99 0.69 1.18 0.21 4.80
OPM % 0.37% 33.33% -18.52% 15.22% 78.70% 21.43% 18.89% 33.56% 51.88% 37.94% 18.10% 18.17%
0.00 0.00 0.10 0.02 0.00 0.01 0.04 0.00 0.00 0.00 0.34 0.01
Interest 0.02 0.00 0.03 0.15 0.01 0.04 1.09 0.93 0.67 0.27 0.40 0.51
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.01 0.02 0.02 0.01 1.32 0.09 0.11 0.06 0.02 0.91 0.15 4.30
Tax % -100.00% 0.00% -50.00% -100.00% 34.09% 66.67% 27.27% 66.67% 0.00% 25.27% -140.00%
0.02 0.01 0.02 0.02 0.87 0.03 0.08 0.02 0.01 0.69 0.37 4.30
EPS in Rs 0.04 1.70 0.03 0.08 0.02 0.01 0.68 0.36 4.22
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 29.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -18%
5 Years: 16%
3 Years: -27%
TTM: 2178%
Compounded Profit Growth
10 Years: 4%
5 Years: 0%
3 Years: 14%
TTM: 1620%
Stock Price CAGR
10 Years: %
5 Years: -25%
3 Years: -41%
1 Year: 20%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 2%
Last Year: 0%

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 Sep 2023
Equity Capital 3.74 3.74 3.74 3.74 5.10 10.20 10.20 10.20 10.20 10.20 10.20 10.20
Reserves 0.36 0.37 0.39 0.41 2.54 2.47 2.58 1.75 0.86 1.69 2.06 3.99
0.66 0.47 0.25 1.65 0.46 0.00 10.23 7.08 2.28 2.09 2.02 6.35
0.30 0.24 0.06 1.65 2.65 4.80 0.33 0.31 0.98 1.08 0.07 0.04
Total Liabilities 5.06 4.82 4.44 7.45 10.75 17.47 23.34 19.34 14.32 15.06 14.35 20.58
0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.00 0.00 0.14 0.00 0.00
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 2.94 2.87 2.84 2.90 2.89 3.65 2.51 1.66 0.74 0.11 0.10 0.10
1.62 1.45 1.10 4.05 7.36 13.32 20.33 17.68 13.58 14.81 14.25 20.48
Total Assets 5.06 4.82 4.44 7.45 10.75 17.47 23.34 19.34 14.32 15.06 14.35 20.58

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
3.04 0.05 0.21 -1.28 -1.37 -3.72 -0.03 -2.94 5.44 -0.17 0.32
-2.36 0.07 0.10 -0.01 0.00 -0.75 1.07 7.00 0.00 0.64 0.15
-0.65 -0.19 -0.25 1.25 1.42 4.50 -1.09 -4.08 -5.47 -0.47 -0.46
Net Cash Flow 0.03 -0.07 0.06 -0.03 0.05 0.02 -0.06 -0.02 -0.02 0.00 0.01

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
Debtor Days 0.89 0.00 446.11 35.71 10.80 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days 23.85 7,056.67 1,505.62 365.00 1,209.06 1,319.62 235.20 371.48 1,642.50 327.39 436.97
Days Payable 10.80 1,581.67 45.62 0.00 0.00 28.08 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 13.94 5,475.00 1,906.11 400.71 1,219.86 1,291.54 235.20 371.48 1,642.50 327.39 436.97
Working Capital Days 13.82 2,494.17 1,297.78 924.40 997.81 5,488.04 492.21 936.63 1,907.33 994.07 1,076.12
ROCE % 0.43% -0.45% 3.14% 19.14% 1.25% 6.73% 4.71% 4.26% 8.64% 1.49%

Shareholding Pattern

Numbers in percentages

28 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
18.71% 18.71% 18.71% 18.71% 16.08% 16.08% 16.08% 16.08% 16.08% 17.26% 17.26% 27.06%
81.29% 81.29% 81.29% 81.29% 83.92% 83.92% 83.93% 83.91% 83.92% 82.74% 82.74% 72.95%
No. of Shareholders 5945986085,90013,54615,68714,61813,78613,34612,79412,35414,961

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