Corporate Merchant Bankers Ltd
Incorporated in 1994, Corporate Merchant Bankers Ltd provides investments and loans & advances[1]
- Market Cap ₹ 16.6 Cr.
- Current Price ₹ 50.3
- High / Low ₹ 50.3 / 17.5
- Stock P/E
- Book Value ₹ 10.0
- Dividend Yield 0.00 %
- ROCE -0.29 %
- ROE -0.30 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 5.01 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.0% over past five years.
- Company has a low return on equity of -0.10% over last 3 years.
- Company has high debtors of 1,496 days.
- Promoter holding has decreased over last 3 years: -14.7%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.10 | 0.19 | 0.20 | 0.16 | 0.18 | 0.18 | 0.10 | 0.00 | |
| 0.08 | 0.09 | 0.18 | 0.20 | 0.16 | 0.18 | 0.17 | 0.11 | 0.07 | |
| Operating Profit | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | 0.01 | -0.01 | -0.07 |
| OPM % | 11.11% | 10.00% | 5.26% | -0.00% | -0.00% | -0.00% | 5.56% | -10.00% | |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 |
| Profit before tax | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | 0.01 | -0.01 | -0.05 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | ||||
| -0.00 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.05 | |
| EPS in Rs | -0.00 | 0.03 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.03 | -0.15 |
| Dividend Payout % | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | -15% |
| TTM: | -44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 0% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 |
| Reserves | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.01 |
| -0.00 | -0.00 | 0.11 | 0.03 | 0.11 | 0.20 | 0.08 | 0.06 | -0.00 | |
| 0.01 | 0.02 | 0.30 | 0.05 | 0.02 | 0.02 | 0.02 | 0.01 | 0.09 | |
| Total Liabilities | 3.36 | 3.37 | 3.77 | 3.44 | 3.49 | 3.58 | 3.46 | 3.43 | 3.40 |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
| CWIP | -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 |
| 3.36 | 3.37 | 3.77 | 3.44 | 3.49 | 3.58 | 3.46 | 3.43 | 3.40 | |
| Total Assets | 3.36 | 3.37 | 3.77 | 3.44 | 3.49 | 3.58 | 3.46 | 3.43 | 3.40 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.00 | -0.06 | -0.06 | -0.08 | -0.10 | 0.12 | 0.02 | |
| -0.00 | 0.78 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
| -0.00 | -0.00 | 0.11 | 0.11 | 0.08 | 0.09 | -0.12 | -0.02 | |
| Net Cash Flow | -0.01 | 0.79 | 0.05 | 0.05 | -0.00 | -0.01 | -0.00 | -0.00 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,176.11 | 1,095.00 | 826.05 | 584.00 | 912.50 | 1,013.89 | 871.94 | 1,496.50 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 1,176.11 | 1,095.00 | 826.05 | 584.00 | 912.50 | 1,013.89 | 871.94 | 1,496.50 |
| Working Capital Days | 2,595.56 | 2,336.00 | 1,363.95 | 803.00 | 1,186.25 | 1,095.00 | 953.06 | 1,642.50 |
| ROCE % | 0.30% | 0.29% | -0.00% | -0.00% | -0.00% | 0.29% | -0.29% |
Documents
Announcements
-
Board Meeting Intimation for Board Meeting To Be Held On 27Th May,2025
2d - Board meeting on 27 May 2025 to approve audited financial results for FY 2024-25.
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Shareholder Meeting - EGM To Be Held On 09Th June, 2025
15 May - EGM on June 9 to approve Rs. 95 Cr authorized capital, Rs. 81.64 Cr loan conversion, and 1.5 Cr preferential shares.
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Board Meeting Outcome for Outcome Of Board Meeting Held On Today, 13.05.2025
13 May - Board approved ₹95 Cr capital increase and ₹96 Cr preferential equity issuance to non-promoters.
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Board Meeting Intimation for Board Meeting Intimation For Meeting To Be Held On 13Th May, 2025
8 May - Board meeting on May 13 to discuss share capital increase and loan-to-equity conversion.
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Board Meeting Outcome for Resignation Of Managing Director And Chief Financial Officer
2 May - Managing Director and CFO Manoj Rasania resigns effective 02.05.2025 due to personal reasons.
Business Overview:[1][2]
Company is a Non Deposit Taking Non systemically Important Non Banking Finance Company and is in the business of financial consultancy services, advancing loans to corporates and industrial enterprises, and to act as agent of and or dealers, brokers in the securities and or foreign exchange securities/ currency