Piramal Capital & Housing Finance Ltd

Piramal Capital & Housing Finance Ltd

₹ 16.7 -9.97%
11 Jun 2021
About

Dewan Housing Finance Corporation's main business is of providing loans to Retail customers for construction or purchase of residential property, loans against property,

  • Market Cap 524 Cr.
  • Current Price 16.7
  • High / Low /
  • Stock P/E
  • Book Value 709
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Stock is trading at 0.02 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -12.4% over past five 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 - Housing

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Dec 2021 Mar 2022 Mar 2024
3,108 2,396 2,107 2,432 2,388 2,325 2,205 2,207 1,101 2,001 1,819 1,956 1,706
3,652 423 7,678 1,169 12,516 2,158 4,895 19,812 332 1,487 362 1,251 2,766
Operating Profit -544 1,973 -5,572 1,263 -10,128 167 -2,690 -17,606 769 514 1,457 705 -1,060
OPM % -18% 82% -264% 52% -424% 7% -122% -798% 70% 26% 80% 36% -62%
4 4 7 5 5 4 1 1 0 1 20 45 240
Interest 2,349 2,159 2,010 1,423 133 58 57 53 652 48 983 987 978
Depreciation 18 17 10 12 40 20 20 20 8 19 19 17 46
Profit before tax -2,908 -199 -7,584 -168 -10,297 93 -2,766 -17,677 109 448 475 -255 -1,844
Tax % -24% 4% -12% -657% -26% 24% -23% -26% 128% 30% 25% -25% -60%
-2,223 -206 -6,705 934 -7,635 70 -2,123 -13,095 -30 314 355 -192 -742
EPS in Rs -70.85 -6.58 -213.67 29.77 -243.29 2.23 -67.64 -417.28 -0.96 10.02 11.30 -6.11 -23.64
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4,061 4,966 5,979 7,295 10,821 10,850 12,884 9,322 5,082 6,121 6,592 6,664
339 437 553 683 778 1,413 4,572 21,785 690 1,946 5,651 4,845
Operating Profit 3,722 4,528 5,426 6,613 10,043 9,437 8,312 -12,463 4,391 4,175 940 1,819
OPM % 92% 91% 91% 91% 93% 87% 65% -134% 86% 68% 14% 27%
16 0 2 4 5 14 -33 19 6 -77 -10,198 -1,609
Interest 3,119 3,783 4,460 5,490 6,654 7,722 9,393 5,725 2,828 3,332 3,453 3,604
Depreciation 8 11 26 24 23 28 51 79 29 52 95 155
Profit before tax 611 735 943 1,102 3,372 1,701 -1,165 -18,248 1,540 714 -12,806 -3,549
Tax % 26% 28% 34% 34% 14% 27% -11% -25% 33% 26% -42% -46%
452 529 621 729 2,896 1,240 -1,036 -13,612 1,034 526 -7,425 -1,911
EPS in Rs 17.62 20.60 21.32 24.99 92.50 39.53 -33.01 -433.76 32.96 16.75 -236.59 -60.91
Dividend Payout % 14% 19% 14% 32% 4% 14% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -12%
3 Years: 9%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: %
TTM: -109%
Stock Price CAGR
10 Years: -23%
5 Years: 3%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 128 128 146 292 313 314 314 314 19,284 21,365
Reserves 3,109 3,447 4,490 4,725 7,683 8,919 7,788 -5,852 2,203 895
32,040 39,457 48,881 61,050 81,264 91,712 96,521 90,412 29,867 46,416
526 830 1,098 1,787 3,038 5,367 1,852 964 1,303 11,027
Total Liabilities 35,803 43,863 54,615 67,853 92,298 106,312 106,475 85,838 52,657 79,702
179 192 188 202 209 850 865 920 10,365 10,833
CWIP 259 796 796 579 634 129 104 105 0 0
Investments 275 721 1,006 893 13,535 8,086 2,361 3,881 11,352 13,914
35,090 42,153 52,624 66,179 77,920 97,247 103,145 80,932 30,940 54,956
Total Assets 35,803 43,863 54,615 67,853 92,298 106,312 106,475 85,838 52,657 79,702

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
566 -8,879 -12,457 -13,139 -15,746 -18,136 -8,735 12,576 1,420 8,685 6,567 -1,839
-60 -715 -506 505 -10,442 6,091 6,135 575 -2,260 -325 -24 -954
-695 10,065 12,468 15,416 26,042 11,173 1,937 -7,563 534 -8,390 -9,246 2,811
Net Cash Flow -189 471 -495 2,781 -146 -872 -663 5,589 -306 -30 -2,703 18

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 5 6 12 10 0 1 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 5 6 12 10 0 1 0 0 0 0
Working Capital Days -266 -275 -379 -337 -222 -145 -5 39 94 -188
ROCE % 13% 12% 11% 11% 10% 10% 8% -13% 6% 7%

Shareholding Pattern

Numbers in percentages

Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021
39.21% 39.21% 39.21% 39.21% 39.21% 39.21% 39.21% 39.21% 39.21% 39.21% 39.21% 39.21%
19.43% 22.25% 17.65% 11.26% 9.48% 6.45% 3.15% 2.89% 2.47% 2.47% 1.92% 0.25%
6.42% 4.10% 4.77% 3.89% 3.75% 3.50% 3.46% 3.45% 3.45% 3.45% 3.45% 3.45%
34.94% 34.44% 38.37% 45.64% 47.55% 50.84% 54.18% 54.45% 54.87% 54.87% 55.42% 57.09%
No. of Shareholders 2,19,0002,84,4133,09,0163,40,4073,41,7983,39,4223,35,4743,35,2923,25,7783,26,7693,34,2603,48,006

* 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.

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