Ebixcash World Money India Ltd

About [ edit ]

Founded in 1985, EBIXCASH World Money India Ltd, a subsidiary of EbixCash World Money Limited, is a leading Foreign Exchange Services Company based out of Mumbai, India. It offers innovative, customized, and integrated financial solutions, relating to Foreign Exchange Services, Outward & Inward Remittances, Prepaid Cards, Gift Cards, and Travel Insurance needs of its corporate and retail clients.

  • Market Cap 700 Cr.
  • Current Price 629
  • High / Low 740 / 295
  • Stock P/E
  • Book Value 94.1
  • Dividend Yield 0.00 %
  • ROCE -5.99 %
  • ROE -0.71 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 6.68 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 13.24% for last 3 years.
  • Company might be capitalizing the interest cost

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Other Income
Interest
Depreciation
Profit before tax
Tax %
Net Profit
EPS in Rs

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2016 Mar 2017 Mar 2018 Mar 2019
3,461 4,789 5,994 7,696 9,164
3,436 4,740 5,942 7,638 9,201
Operating Profit 25 50 52 58 -37
OPM % 1% 1% 1% 1% -0%
Other Income 5 3 -0 4 11
Interest 7 13 11 7 4
Depreciation 2 5 5 4 3
Profit before tax 20 35 37 51 -34
Tax % 36% 38% 37% 35% 60%
Net Profit 13 15 21 33 -10
EPS in Rs 10.91 12.78 17.99 28.44 -9.03
Dividend Payout % 18% 59% 17% 4% 0%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:24%
TTM:19%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-103%
Stock Price CAGR
10 Years:%
5 Years:28%
3 Years:6%
1 Year:37%
Return on Equity
10 Years:%
5 Years:%
3 Years:13%
Last Year:-1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2016 Mar 2017 Mar 2018 Mar 2019
12 12 12 12 11
Reserves 33 78 114 167 94
Borrowings 85 78 63 119 56
86 93 103 103 132
Total Liabilities 216 261 291 400 293
54 39 39 39 8
CWIP 0 0 0 0 0
Investments 0 18 43 73 0
162 204 210 289 285
Total Assets 216 261 291 400 293

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2016 Mar 2017 Mar 2018 Mar 2019
14 24 64 -5
-9 -8 20 16
-29 -14 -11 -43
Net Cash Flow -24 1 73 -32

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 27% 24% -6%
Debtor Days 5 6 6 3 1
Inventory Turnover 306.94 312.62 329.51

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
74.77 74.77 74.84 74.84 89.94 89.94 89.94 89.94 89.94 89.94 89.94 89.94
0.98 1.06 1.08 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.01 0.01 0.01 0.20 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
24.24 24.15 24.06 22.95 10.04 10.06 10.06 10.06 10.06 10.06 10.06 10.06

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