Aditya Birla Money Ltd

Aditya Birla Money Ltd

₹ 129 -3.86%
25 Apr 4:03 p.m.
About

Aditya Birla Money Limited, a subsidiary of Aditya Birla Capital Limited, is engaged in offering equity and derivatives broking services as well as Portfolio Management Services [1]

Key Points

Services
The company's offerings include Equity and Derivatives trading through NSE and BSE, Currency derivatives on MCX-SX, and Commodities Trading through MCX and NCDEX. It is registered as a Depository Participant with both NSDL and CDSL. It also provides Portfolio Management Services and is involved in trading in securities. [1]

  • Market Cap 729 Cr.
  • Current Price 129
  • High / Low 148 / 48.5
  • Stock P/E 76.6
  • Book Value 2.92
  • Dividend Yield 0.00 %
  • ROCE 12.4 %
  • ROE 26.0 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 22.0% CAGR over last 5 years

Cons

  • Stock is trading at 44.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.9% over past five years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 296 days.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018
32.39 28.46 28.42 27.50 32.79 33.04 34.38 35.90 39.26 43.13 43.82 42.14 43.11
30.36 27.62 26.91 28.05 30.79 27.79 29.75 33.24 34.55 37.04 36.60 34.07 32.59
Operating Profit 2.03 0.84 1.51 -0.55 2.00 5.25 4.63 2.66 4.71 6.09 7.22 8.07 10.52
OPM % 6.27% 2.95% 5.31% -2.00% 6.10% 15.89% 13.47% 7.41% 12.00% 14.12% 16.48% 19.15% 24.40%
1.89 1.88 2.19 1.78 2.56 0.30 0.70 0.71 0.56 0.58 0.78 0.92 0.97
Interest 1.22 1.35 2.15 1.63 1.20 1.71 0.89 1.36 2.20 2.54 4.13 5.93 7.49
Depreciation 0.98 0.96 0.93 0.88 0.74 0.84 0.69 0.61 0.56 0.53 0.48 0.49 0.50
Profit before tax 1.72 0.41 0.62 -1.28 2.62 3.00 3.75 1.40 2.51 3.60 3.39 2.57 3.50
Tax % 0.00% 0.00% 109.68% 0.00% 0.00% 0.00% 21.60% 8.57% 42.63% 20.83% 32.45% 21.79% 32.29%
1.71 0.42 -0.06 -1.28 2.61 3.00 2.95 1.28 1.45 2.85 2.29 2.02 2.36
EPS in Rs 0.31 0.08 -0.01 -0.23 0.47 0.54 0.53 0.23 0.26 0.51 0.41 0.36 0.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
67 125 87 116 124 97 94 80 126 127 133 164 172
50 78 74 87 114 100 95 83 112 112 115 140 140
Operating Profit 17 48 13 29 10 -3 -1 -3 14 14 17 24 32
OPM % 25% 38% 15% 25% 8% -3% -2% -3% 11% 11% 13% 15% 19%
2 0 0 1 -8 -2 -1 0 0 1 0 0 3
Interest 3 8 6 3 6 6 5 3 3 8 6 9 20
Depreciation 3 4 5 6 8 8 8 6 6 4 3 2 2
Profit before tax 13 36 2 21 -12 -19 -15 -12 6 4 8 13 13
Tax % 35% 38% 41% 38% 30% 7% 0% 0% -5% 17% 10% 21%
8 22 1 13 -8 -18 -15 -12 6 3 7 10 10
EPS in Rs 1.52 3.97 0.22 2.29 -1.52 -3.22 -2.76 -2.12 1.06 0.60 1.31 1.79 1.70
Dividend Payout % 26% 20% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 12%
3 Years: 9%
TTM: 21%
Compounded Profit Growth
10 Years: -8%
5 Years: 22%
3 Years: 20%
TTM: 10%
Stock Price CAGR
10 Years: 24%
5 Years: 21%
3 Years: 47%
1 Year: 159%
Return on Equity
10 Years: 0%
5 Years: 11%
3 Years: 23%
Last Year: 26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Sep 2018
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 22 38 39 52 55 38 22 19 16 19 27 39 11
Preference Capital 0 0 0 0 8 8 8 10 10 10 10 10
43 40 5 39 25 50 54 10 69 75 35 222 269
83 125 92 163 126 143 118 178 138 155 219 268 209
Total Liabilities 154 209 142 260 212 237 200 212 228 255 286 535 495
24 33 36 36 42 37 28 21 8 7 7 6 6
CWIP 0 0 0 1 0 0 0 0 0 0 0 1 0
Investments 0 0 0 0 10 0 0 0 0 0 0 24 0
129 175 105 222 159 200 172 190 220 248 278 504 488
Total Assets 154 209 142 260 212 237 200 212 228 255 286 535 495

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
25 56 -28 13 -5 -16 -1 -16 -21 -20 51 -174
-4 -10 -5 -31 2 -9 -11 58 -35 20 -2 -23
-15 -14 0 32 1 20 -1 -34 57 -1 -46 188
Net Cash Flow 6 33 -32 15 -3 -6 -13 8 2 -1 3 -10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Debtor Days 288 167 118 233 109 262 202 402 265 388 407 296
Inventory Days 3
Days Payable 2,729
Cash Conversion Cycle 288 167 -2,607 233 109 262 202 402 265 388 407 296
Working Capital Days 15 -126 -135 -82 -115 -117 -129 -148 -9 39 -97 45
ROCE % 24% 57% 11% 32% 3% -12% -10% -12% 12% 11% 15% 12%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.80% 73.70% 73.70% 73.70% 73.70% 73.70% 73.60% 73.60% 73.53% 73.53% 73.53% 73.53%
0.00% 0.01% 0.19% 0.15% 0.00% 0.11% 0.06% 0.00% 0.10% 0.07% 0.00% 0.03%
26.20% 26.29% 26.11% 26.15% 26.30% 26.19% 26.34% 26.40% 26.37% 26.39% 26.48% 26.45%
No. of Shareholders 37,69839,77739,98244,39844,49643,64443,09442,86042,69441,56541,32942,819

* 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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