Hybrid Financial Services Ltd

Hybrid Financial Services Ltd

₹ 12.4 2.73%
18 Jun - close price
About

Incorporated in 1986, Hybrid Financial Services Ltd is in the business of Equipment Leasing & Hire Purchase, Loan Syndication, and Merchant Banking.[1]

Key Points

Services Offered:[1]
Company provides debt recovery advise, consultancy in financial, secretarial, commercial, legal, direct and indirect taxation, other levies, statistical, accountancy and other fields. Also, through its subsidiary, company deals in share and stock broking, investment, depository participant and marketing of financial products

  • Market Cap 36.5 Cr.
  • Current Price 12.4
  • High / Low 15.0 / 7.00
  • Stock P/E 18.3
  • Book Value 10.2
  • Dividend Yield 0.00 %
  • ROCE 7.65 %
  • ROE 7.57 %
  • Face Value 5.00

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Company has a low return on equity of 5.91% over last 3 years.
  • Contingent liabilities of Rs.14.7 Cr.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.96 1.01 1.33 1.11 0.85 0.82 0.96 0.89 0.71 0.91 1.11 1.06 2.02
0.64 0.65 0.76 0.55 0.71 0.66 0.51 0.55 0.70 0.69 0.59 0.70 0.89
Operating Profit 0.32 0.36 0.57 0.56 0.14 0.16 0.45 0.34 0.01 0.22 0.52 0.36 1.13
OPM % 33.33% 35.64% 42.86% 50.45% 16.47% 19.51% 46.88% 38.20% 1.41% 24.18% 46.85% 33.96% 55.94%
0.23 0.02 0.02 0.09 0.26 0.03 0.04 -0.40 0.18 0.02 0.02 0.03 -0.03
Interest 0.07 0.00 0.01 0.02 0.02 0.00 0.00 0.00 0.03 0.00 0.00 0.00 0.02
Depreciation 0.02 0.02 0.03 0.04 0.04 0.03 0.03 0.03 0.02 0.02 0.02 0.03 0.03
Profit before tax 0.46 0.36 0.55 0.59 0.34 0.16 0.46 -0.09 0.14 0.22 0.52 0.36 1.05
Tax % 19.57% 0.00% 0.00% 22.03% 23.53% 0.00% 15.22% -66.67% 28.57% 0.00% 0.00% 11.11% 16.19%
0.36 0.36 0.55 0.47 0.26 0.17 0.39 -0.14 0.09 0.22 0.52 0.32 0.88
EPS in Rs 0.12 0.12 0.19 0.16 0.09 0.06 0.13 -0.05 0.03 0.07 0.18 0.11 0.30
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.26 2.79 3.68 3.24 3.84 3.78 2.99 3.23 3.35 4.30 3.48 5.08
3.96 3.11 3.28 2.95 3.13 3.11 2.80 2.54 2.35 2.67 2.41 2.82
Operating Profit -0.70 -0.32 0.40 0.29 0.71 0.67 0.19 0.69 1.00 1.63 1.07 2.26
OPM % -21.47% -11.47% 10.87% 8.95% 18.49% 17.72% 6.35% 21.36% 29.85% 37.91% 30.75% 44.49%
0.74 1.03 1.57 1.07 1.13 1.00 0.72 0.09 -0.34 0.39 -0.26 0.03
Interest 0.06 0.03 0.04 0.10 0.06 0.04 0.06 0.03 0.08 0.05 0.03 0.03
Depreciation 0.13 0.12 0.21 0.12 0.11 0.11 0.11 0.11 0.09 0.13 0.10 0.10
Profit before tax -0.15 0.56 1.72 1.14 1.67 1.52 0.74 0.64 0.49 1.84 0.68 2.16
Tax % -53.33% 21.43% 9.30% 11.40% 16.77% 21.71% 4.05% 4.69% 18.37% 10.87% 25.00% 9.72%
-0.23 0.44 1.56 1.02 1.38 1.20 0.70 0.60 0.40 1.63 0.51 1.94
EPS in Rs -0.08 0.15 0.53 0.35 0.47 0.41 0.24 0.20 0.14 0.55 0.17 0.66
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 6%
5 Years: 11%
3 Years: 15%
TTM: 46%
Compounded Profit Growth
10 Years: 16%
5 Years: 24%
3 Years: 35%
TTM: 147%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 50%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 6%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 14.72 14.72 14.72 14.72 14.72 14.72 14.72 14.72 14.72 14.72 14.72 14.72
Reserves -5.24 -4.81 -3.37 -2.38 6.03 10.18 3.74 3.03 9.51 9.49 8.09 15.30
Preference Capital 3.36 3.36 3.00 2.40 0.00 0.00 2.10 2.10 2.10 2.10 2.10
0.43 0.10 0.73 0.40 2.16 2.14 0.01 0.17 0.00 0.00 0.00 2.10
10.41 10.41 10.00 9.17 6.37 5.99 14.48 15.87 15.84 15.40 14.70 15.78
Total Liabilities 20.32 20.42 22.08 21.91 29.28 33.03 32.95 33.79 40.07 39.61 37.51 47.90
1.45 1.38 1.61 1.37 1.30 1.24 1.18 1.10 1.02 1.93 1.84 1.75
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 4.88 4.19 5.47 5.54 12.72 16.11 15.08 14.63 20.55 19.30 16.80 22.53
13.99 14.85 15.00 15.00 15.26 15.68 16.69 18.06 18.50 18.38 18.87 23.62
Total Assets 20.32 20.42 22.08 21.91 29.28 33.03 32.95 33.79 40.07 39.61 37.51 47.90

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.16 0.23 0.45 0.38 0.25 0.46 -0.23 -0.42 0.00 0.60 0.00 0.79
0.70 1.31 -0.92 0.98 1.53 0.32 1.59 1.04 0.78 0.22 0.90 1.51
0.00 -0.39 0.58 -0.89 -1.01 -0.35 -0.09 0.13 -0.61 -0.05 -0.03 -0.03
Net Cash Flow -0.46 1.15 0.11 0.47 0.77 0.42 1.27 0.75 0.17 0.77 0.86 2.28

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 63.82 48.41 34.71 36.05 32.32 39.59 26.86 29.38 16.34 11.88 14.68 14.37
Inventory Days 13.04
Days Payable 677.86
Cash Conversion Cycle -601.00 48.41 34.71 36.05 32.32 39.59 26.86 29.38 16.34 11.88 14.68 14.37
Working Capital Days -60.46 -125.59 -115.05 -140.82 -125.47 -102.35 -128.18 -128.82 -111.13 -74.70 -88.10 -147.29
ROCE % -0.34% 4.43% 12.44% 8.47% 9.09% 6.25% 3.32% 3.30% 5.09% 6.91% 4.33%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.74% 64.02% 64.02% 64.02% 64.02% 64.02% 64.02% 64.02% 64.02% 64.01% 64.01% 64.01%
0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89%
35.37% 35.09% 35.09% 35.09% 35.09% 35.10% 35.08% 35.10% 35.09% 35.10% 35.09% 35.10%
No. of Shareholders 52,23152,23152,23152,23152,23152,23152,29852,17652,07852,08252,24052,279

* 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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