Edelweiss Financial Services Ltd
Incorporated in 1995, Edelweiss Financial Services Ltd provides Investment Banking and Advisory Services and holding company activities[1]
- Market Cap ₹ 7,499 Cr.
- Current Price ₹ 79.9
- High / Low ₹ 87.8 / 33.2
- Stock P/E 18.7
- Book Value ₹ 46.7
- Dividend Yield 1.88 %
- ROCE 9.86 %
- ROE 5.18 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 52.3%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.87% over past five years.
- Promoter holding is low: 32.8%
- Tax rate seems low
- Company has a low return on equity of 4.02% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,667 | 2,179 | 2,535 | 3,887 | 5,256 | 6,604 | 8,878 | 11,078 | 9,544 | 10,775 | 7,151 | 8,500 | 9,545 | |
599 | 760 | 938 | 1,481 | 1,987 | 2,759 | 3,592 | 4,507 | 7,034 | 6,609 | 3,947 | 5,667 | 6,403 | |
Operating Profit | 1,067 | 1,419 | 1,597 | 2,406 | 3,269 | 3,845 | 5,286 | 6,571 | 2,510 | 4,166 | 3,204 | 2,833 | 3,142 |
OPM % | 64% | 65% | 63% | 62% | 62% | 58% | 60% | 59% | 26% | 39% | 45% | 33% | 33% |
3 | 5 | 5 | 7 | 12 | 15 | 42 | 88 | 59 | 74 | 158 | 264 | 94 | |
Interest | 830 | 1,113 | 1,211 | 1,832 | 2,620 | 2,810 | 3,876 | 4,783 | 4,793 | 3,834 | 2,984 | 2,575 | 2,725 |
Depreciation | 42 | 51 | 52 | 72 | 90 | 106 | 104 | 132 | 232 | 260 | 151 | 138 | 143 |
Profit before tax | 199 | 259 | 339 | 510 | 571 | 943 | 1,349 | 1,744 | -2,457 | 146 | 227 | 385 | 368 |
Tax % | 34% | 34% | 40% | 40% | 41% | 42% | 38% | 40% | 17% | -74% | 7% | -5% | |
131 | 171 | 217 | 326 | 383 | 563 | 837 | 1,044 | -2,044 | 254 | 212 | 406 | 497 | |
EPS in Rs | 1.69 | 2.34 | 2.86 | 4.15 | 5.09 | 7.32 | 9.43 | 10.67 | -21.89 | 2.84 | 2.00 | 3.65 | 4.26 |
Dividend Payout % | 36% | 26% | 24% | 24% | 25% | 18% | 14% | 12% | 0% | 49% | 69% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | -1% |
3 Years: | -4% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | -16% |
3 Years: | 29% |
TTM: | 69% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | -3% |
3 Years: | 30% |
1 Year: | 137% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | -1% |
3 Years: | 4% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | 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 | 76 | 72 | 77 | 79 | 81 | 83 | 87 | 89 | 89 | 89 | 90 | 90 | 90 |
Reserves | 2,560 | 2,386 | 2,813 | 3,081 | 3,593 | 4,246 | 6,796 | 7,588 | 6,040 | 6,488 | 6,448 | 6,654 | 4,315 |
10,414 | 11,534 | 12,948 | 23,540 | 27,773 | 33,379 | 48,964 | 46,148 | 36,657 | 28,436 | 22,768 | 21,791 | 20,243 | |
1,495 | 2,238 | 2,352 | 3,780 | 5,537 | 7,115 | 7,473 | 10,076 | 11,230 | 11,121 | 13,758 | 15,346 | 16,483 | |
Total Liabilities | 14,545 | 16,229 | 18,190 | 30,481 | 36,985 | 44,823 | 63,321 | 63,900 | 54,016 | 46,134 | 43,063 | 43,882 | 41,130 |
560 | 496 | 481 | 559 | 664 | 637 | 1,055 | 1,265 | 2,345 | 1,781 | 1,597 | 1,367 | 1,339 | |
CWIP | 102 | 2 | 53 | 106 | 30 | 101 | 42 | 44 | 43 | 13 | 20 | 25 | 2 |
Investments | 1,401 | 1,211 | 2,126 | 2,792 | 2,696 | 6,878 | 7,887 | 12,713 | 10,012 | 12,882 | 14,139 | 17,162 | 12,133 |
12,482 | 14,520 | 15,530 | 27,023 | 33,594 | 37,208 | 54,336 | 49,879 | 41,615 | 31,458 | 27,307 | 25,327 | 27,657 | |
Total Assets | 14,545 | 16,229 | 18,190 | 30,481 | 36,985 | 44,823 | 63,321 | 63,900 | 54,016 | 46,134 | 43,063 | 43,882 | 41,130 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-887 | -151 | -9,183 | -3,762 | -497 | -12,969 | 5,685 | 12,098 | 3,458 | 5,592 | 1,720 | ||
-1,081 | -1,026 | -867 | -62 | -4,323 | -530 | -1,312 | 199 | 4,085 | -1,058 | 746 | ||
1,792 | 1,263 | 10,019 | 3,802 | 5,112 | 14,868 | -3,665 | -10,471 | -8,587 | -6,444 | -1,708 | ||
Net Cash Flow | -176 | 87 | -31 | -22 | 292 | 1,369 | 708 | 1,827 | -1,044 | -1,910 | 757 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 27 | 61 | 41 | 36 | 61 | 124 | 91 | 50 | 17 | 24 | 18 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 41 | 27 | 61 | 41 | 36 | 61 | 124 | 91 | 50 | 17 | 24 | 18 |
Working Capital Days | 1,231 | 880 | 943 | 1,115 | 1,011 | 750 | 165 | -140 | -237 | -221 | -479 | -472 |
ROCE % | 9% | 10% | 10% | 11% | 11% | 11% | 11% | 12% | 5% | 10% | 10% | 10% |
Documents
Announcements
- Compliance - Submission Of Details Of Isins As Per The Provisions Of Chapter VIII Of The Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021 15 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate under Regulation 74(5) of Depositories and Participants Regulations, 2018
- Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 8 Apr
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 8 Apr
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Feb 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Nov 2023Transcript PPT REC
-
Sep 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Sep 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Oct 2021Transcript PPT
-
Oct 2021TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jun 2021Transcript PPT
-
Jun 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Feb 2021Transcript PPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020Transcript PPT
-
Oct 2020TranscriptNotesPPT
-
Sep 2020Transcript PPT
-
Aug 2020TranscriptNotesPPT
-
Jul 2020Transcript PPT
-
Jul 2020TranscriptNotesPPT
-
Jul 2020TranscriptNotesPPT
-
Jul 2020TranscriptNotesPPT
-
Feb 2020Transcript PPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019Transcript PPT
-
Nov 2019TranscriptNotesPPT
-
Aug 2019Transcript PPT
-
Aug 2019TranscriptNotesPPT
-
Jun 2019TranscriptNotesPPT
-
May 2019TranscriptNotesPPT
-
May 2019TranscriptNotesPPT
-
May 2019Transcript PPT
-
Mar 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Jan 2019Transcript PPT
-
Jan 2019TranscriptNotesPPT
-
Jan 2019TranscriptNotesPPT
-
Nov 2018Transcript PPT
-
Oct 2018TranscriptNotesPPT
-
Oct 2018TranscriptNotesPPT
-
Oct 2018TranscriptNotesPPT
-
Sep 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
May 2018Transcript PPT
-
May 2018TranscriptNotesPPT
-
Apr 2018TranscriptNotesPPT
-
Jan 2018TranscriptNotesPPT
-
Dec 2017TranscriptNotesPPT
-
Nov 2017Transcript PPT
-
Aug 2017Transcript PPT
-
Aug 2017TranscriptNotesPPT
-
May 2017TranscriptNotesPPT
-
Feb 2017TranscriptNotesPPT
-
Nov 2016TranscriptPPT
-
Aug 2016Transcript PPT
-
Aug 2016TranscriptNotesPPT
Business Overview:[1]
Company is in the business of providing investment banking services and holding company activities comprising development, managerial and financial support to the business. EFSL has a client base of 1.2 million that is serviced through a network of 476 offices, with close to 11,000 employees. Company is present in 3 categories:
a) Credit (Retail, Corporate)
b) Investment & Advisory (Wealth Management, Asset Management)
c) Insurance (Life, General)