Indostar Capital Finance Ltd

Indostar Capital Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indostar Capital Finance Ltd

₹ 253 -2.03%
24 Apr - close price
indostarcapital.com BSE: 541336 NSE : INDOSTAR
About

Incorporated in July 2009, ICFL is registered with the Reserve Bank of India (RBI) as a systemically-important non-deposit taking NBFC.[1]

Key Points

Promoter: Brookfield[1]
Brookfield is the largest shareholder of ICFL with 56.20% shareholding as of H1FY24. It is listed on the NYSE and the Toronto Stock Exchange. It is a leading global alternative asset manager offering investment strategies. ICFL represents Brookfield's foray into private equity investments in India. The initial investment was made in May 2020. The company raised Rs. 770 crore bank facility from Barclays Bank PLC, in June 2022.

Website BSE NSE
  • Market Cap ₹ 3,443 Cr.
  • Current Price ₹ 253
  • High / Low ₹ 280 / 111
  • Stock P/E 27.5
  • Book Value ₹ 225
  • Dividend Yield 0.00 %
  • ROCE 8.71 %
  • ROE 6.36 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 1.12 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.32% over past five years.
  • Company has a low return on equity of -8.69% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
285 267 245 255 250 292 258 237 237 236 241 234 238
107 445 159 72 123 1,092 72 59 76 24 71 77 76
Operating Profit 178 -177 86 183 127 -801 186 178 161 212 171 158 162
OPM % 62% -66% 35% 72% 51% -275% 72% 75% 68% 90% 71% 67% 68%
0 0 0 0 10 0 0 0 0 4 0 0 1
Interest 175 154 134 132 119 129 132 131 121 134 133 141 145
Depreciation 8 8 8 8 9 9 9 9 9 8 7 6 7
Profit before tax -4 -339 -55 43 10 -938 45 38 31 73 31 11 11
Tax % 83% 8% 25% 25% 25% 18% 0% 0% 0% 0% 0% 0% 0%
-1 -312 -41 32 7 -767 45 38 31 73 31 11 11
EPS in Rs -0.06 -25.19 -3.35 2.61 0.53 -56.38 3.30 2.80 2.29 5.37 2.27 0.77 0.78
Raw PDF
Upcoming result date: 29 April 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
397 528 641 716 787 1,177 1,540 1,191 1,052 972 949
35 43 59 81 132 206 1,102 720 1,446 231 247
Operating Profit 362 485 582 634 655 971 438 470 -394 741 702
OPM % 91% 92% 91% 89% 83% 82% 28% 39% -37% 76% 74%
0 0 0 -0 -1 -0 -0 -4 1 1 5
Interest 192 258 289 312 326 561 857 692 514 518 553
Depreciation 1 1 1 2 4 17 28 31 34 36 29
Profit before tax 169 226 292 320 324 393 -448 -257 -941 187 125
Tax % 34% 34% 35% 35% 35% 35% 24% 6% 18% 0%
112 149 191 209 212 255 -340 -241 -769 187 125
EPS in Rs 21.90 29.11 37.30 26.68 26.94 27.65 -36.79 -19.52 -56.53 13.76 9.19
Dividend Payout % 0% 0% 0% 0% 0% 7% -3% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: -14%
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: 37%
TTM: 119%
Stock Price CAGR
10 Years: %
5 Years: -9%
3 Years: -7%
1 Year: 99%
Return on Equity
10 Years: %
5 Years: -6%
3 Years: -9%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 68 68 73 78 79 92 92 124 136 136 136
Reserves 1,067 1,217 1,468 1,822 2,005 2,938 2,596 3,543 2,742 2,886 2,929
Preference Capital 0 0 0 0 0 0 0 12 0 0
1,898 2,574 3,001 3,373 4,823 9,031 7,087 5,761 5,483 4,813 4,638
127 133 150 212 287 217 287 360 463 304 183
Total Liabilities 3,161 3,992 4,692 5,485 7,194 12,278 10,063 9,787 8,824 8,139 7,886
1 1 3 9 53 367 380 363 381 368 355
CWIP 0 0 0 0 8 0 0 0 0 0 0
Investments 61 55 10 197 1,067 502 432 1,788 977 1,457 1,329
3,099 3,936 4,679 5,280 6,065 11,409 9,251 7,636 7,467 6,314 6,201
Total Assets 3,161 3,992 4,692 5,485 7,194 12,278 10,063 9,787 8,824 8,139 7,886

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-691 -494 -1,951 1,752 1,264 -1,100 962
-194 -889 122 -2,272 -985 1,197 -233
589 1,459 2,756 -382 -157 -293 -636
Net Cash Flow -295 76 926 -902 122 -197 93

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0
Working Capital Days -113 194 201 216 -131 -29 57 -17 -92 49
ROCE % 14% 14% 13% 11% 10% 4% 5% -5% 9%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
93.26% 88.16% 89.21% 89.21% 89.21% 89.21% 89.21% 89.21% 75.00% 75.00% 75.00% 75.00%
0.05% 1.34% 1.17% 1.26% 1.20% 1.21% 1.18% 1.16% 1.29% 1.38% 1.33% 1.49%
2.09% 2.47% 2.33% 1.59% 1.55% 1.54% 1.54% 1.54% 1.74% 1.80% 1.84% 1.77%
4.60% 8.02% 7.29% 7.94% 8.04% 8.03% 8.08% 8.09% 21.97% 21.83% 21.83% 21.74%
No. of Shareholders 83,21483,48481,70980,97079,79277,80476,94874,44175,66675,22972,85270,435

* 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.

Click on the line-items to see the names of individual entities.

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