Fedbank Financial Services Ltd

Fedbank Financi. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Fedbank Financial Services Ltd

₹ 113 -2.15%
13 Dec - close price
fedfina.com BSE: 544027 NSE: FEDFINA
About

Fedbank Financial Services Limited a subsidiary of The Fedral Bank Limited, provides Gold Loans, Home Loans, Loan Against Property (LAP), and Business Loan Services.[1]

Key Points

Business Profile[1] Fedfina is a retail-focused non-banking finance company that has the 2nd lowest cost of borrowing among the micro, small, and medium enterprises (“MSMEs”), gold loan and MSME & gold loan peer set in FY23.

Website BSE NSE
  • Market Cap ₹ 4,224 Cr.
  • Current Price ₹ 113
  • High / Low ₹ 149 / 93.0
  • Stock P/E 15.8
  • Book Value ₹ 64.6
  • Dividend Yield 0.00 %
  • ROCE 10.5 %
  • ROE 13.5 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 46.6% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 13.3% 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

Part of BSE Financial Services BSE Allcap BSE IPO BSE SmallCap

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Revenue 199 285 309 338 361 395 413 408 477 513
Interest 83 108 125 141 164 167 176 173 202 214
75 111 117 124 124 144 156 154 184 207
Financing Profit 40 66 67 73 74 84 82 80 91 92
Financing Margin % 20% 23% 22% 21% 21% 21% 20% 20% 19% 18%
1 8 10 -7 6 3 16 20 14 6
Depreciation 8 10 11 11 9 9 10 9 11 12
Profit before tax 33 64 66 55 72 77 88 91 94 86
Tax % 29% 28% 23% 29% 25% 25% 26% 26% 25% 25%
23 46 51 39 54 58 65 68 70 65
EPS in Rs 0.81 1.44 1.59 1.21 1.68 1.80 1.77 1.83 1.89 1.74
Gross NPA % 2.41% 2.03% 2.26% 2.34% 2.19% 1.66% 1.97% 1.87%
Net NPA % 1.95% 1.59% 1.78% 1.83% 1.66% 1.33% 1.60% 1.47%
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Revenue 255 464 692 869 1,180 1,577 1,811
Interest 114 201 313 348 472 680 766
83 190 280 359 442 578 701
Financing Profit 58 74 99 162 266 320 345
Financing Margin % 23% 16% 14% 19% 23% 20% 19%
0 2 6 14 19 46 56
Depreciation 8 19 27 37 42 37 42
Profit before tax 51 56 77 139 243 328 359
Tax % 29% 30% 20% 26% 26% 25%
36 39 62 103 180 245 268
EPS in Rs 1.57 1.43 2.13 3.22 5.60 6.62 7.23
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 44%
3 Years: 32%
TTM: 29%
Compounded Profit Growth
10 Years: %
5 Years: 47%
3 Years: 58%
TTM: 26%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -23%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 13%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 230 273 290 322 322 369 372
Reserves 229 418 545 832 1,034 1,891 2,030
1,639 3,307 4,453 5,154 7,270 8,340 9,993
53 88 179 248 445 537 239
Total Liabilities 2,151 4,086 5,466 6,556 9,071 11,138 12,634
46 107 133 154 146 146 180
CWIP 0 0 1 1 1 0 2
Investments 13 41 32 514 681 751 687
2,092 3,938 5,300 5,887 8,244 10,241 11,766
Total Assets 2,151 4,086 5,466 6,556 9,071 11,138 12,634

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-445 -1,397 -371 -578 -1,474 -776
-55 -69 -71 -417 -130 -100
495 1,599 825 535 1,632 967
Net Cash Flow -5 133 384 -460 28 92

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 7% 8% 10% 15% 14%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024
61.65% 61.58% 61.35% 61.16%
2.54% 1.05% 0.85% 0.63%
22.64% 23.17% 23.43% 22.56%
13.17% 14.19% 14.38% 15.64%
No. of Shareholders 1,68,1841,55,0661,46,5261,46,611

* 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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Documents

Announcements

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