Keynote Financial Services Ltd

Keynote Financial Services is engaged in providing services of Investment Banking, Corporate Advisory Services & ESOP Advisory etc.(Source : 201903 Annual Report Page No: 70)

Pros:
Stock is trading at 0.31 times its book value
Debtor days have improved from 304.18 to 94.75 days
Cons:
The company has delivered a poor growth of -6.31% over past five years.
Company has a low return on equity of 6.56% for last 3 years.
Contingent liabilities of Rs.16.00 Cr.

Peer Comparison Sector: Finance // Industry: Finance & Investments

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Dec 2009 Mar 2010 Jun 2018 Jun 2019
3.67 4.15 1.31 1.53 1.11
3.15 3.66 3.90 5.67 2.50
Operating Profit 0.52 0.49 -2.59 -4.14 -1.39
OPM % 14.17% 11.81% -197.71% -270.59% -125.23%
Other Income 0.49 -0.91 7.94 0.58 0.97
Interest 0.01 0.01 0.10 0.09 0.06
Depreciation 0.15 0.12 0.23 0.19 0.19
Profit before tax 0.85 -0.55 5.02 -3.84 -0.67
Tax % 90.59% -0.00% 26.10% 4.43% -20.90%
Net Profit -0.03 -0.55 3.71 -3.67 -0.81
EPS in Rs 0.00 -0.78 5.28 -6.59 -1.46
Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
22.07 19.06 22.54 27.65 25.28 33.44 20.23 15.88 22.73 24.71 20.21 14.60
10.30 10.98 13.53 18.21 18.77 21.23 14.01 9.25 13.16 10.36 10.16 10.00
Operating Profit 11.77 8.08 9.01 9.44 6.51 12.21 6.22 6.63 9.57 14.35 10.05 4.60
OPM % 53.33% 42.39% 39.97% 34.14% 25.75% 36.51% 30.75% 41.75% 42.10% 58.07% 49.73% 31.51%
Other Income 1.48 1.76 0.83 0.96 1.02 0.22 1.35 0.18 0.48 0.15 -0.21 0.69
Interest 0.04 0.19 0.32 0.20 0.68 4.63 2.26 3.52 2.62 2.68 1.86 1.13
Depreciation 0.33 0.50 0.59 0.71 0.65 0.96 0.95 0.75 0.94 4.37 0.71 0.76
Profit before tax 12.88 9.15 8.93 9.49 6.20 6.84 4.36 2.54 6.49 7.45 7.27 3.40
Tax % 31.21% 30.60% 30.80% 36.25% 32.90% 28.51% 30.96% 33.46% 30.66% 22.68% 21.46% 18.82%
Net Profit 8.86 6.35 6.18 6.05 4.17 4.89 3.02 1.69 4.50 5.77 5.71 2.75
EPS in Rs 12.45 8.87 8.55 10.56 7.18 8.46 5.21 2.82 7.87 10.36 10.26 4.94
Dividend Payout % 7.92% 11.06% 17.04% 13.81% 20.04% 17.09% 18.44% 32.96% 12.38% 9.65% 19.51% 20.25%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:-2.63%
5 Years:-6.31%
3 Years:-13.72%
TTM:-27.76%
Compounded Profit Growth
10 Years:-8.11%
5 Years:4.19%
3 Years:-15.26%
TTM:-54.32%
Stock Price CAGR
10 Years:-5.55%
5 Years:-1.00%
3 Years:-0.92%
1 Year:-35.94%
Return on Equity
10 Years:7.22%
5 Years:5.99%
3 Years:6.56%
Last Year:3.54%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
7.02 7.02 7.02 5.57 5.57 5.57 5.57 5.57 5.57 5.57 5.57 5.57
Reserves 31.08 36.52 41.55 46.74 49.74 53.61 55.95 56.97 60.78 66.55 71.56 72.56
Borrowings 31.41 40.98 0.67 1.37 21.39 33.66 9.85 20.65 11.85 13.30 13.47 14.75
41.70 37.67 33.26 15.42 19.40 46.37 50.46 15.32 22.92 65.16 14.64 15.80
Total Liabilities 111.21 122.19 82.50 69.10 96.10 139.21 121.83 98.51 101.12 150.58 105.24 108.68
6.25 6.77 6.62 6.16 6.15 25.56 24.32 23.35 22.87 18.62 17.96 18.12
CWIP 0.00 0.80 12.95 12.15 21.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 22.07 20.99 6.55 5.84 6.26 0.77 0.92 6.08 17.68 24.13 34.63 33.46
82.89 93.63 56.38 44.95 62.64 112.88 96.59 69.08 60.57 107.83 52.65 57.10
Total Assets 111.21 122.19 82.50 69.10 96.10 139.21 121.83 98.51 101.12 150.58 105.24 108.68

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
-3.62 -6.70 18.63 -7.40 -10.14 16.79 -10.19 -4.29 17.43 -11.78 5.44 1.53
-6.58 2.99 6.88 0.98 -7.02 9.90 7.71 -2.86 -6.89 7.25 -0.59 16.62
28.51 10.16 -39.25 -0.52 -1.30 -2.28 -2.00 -2.88 -1.39 -3.50 -2.58 -2.46
Net Cash Flow 18.31 6.45 -13.74 -6.94 -18.46 24.41 -4.48 -10.02 9.15 -8.03 2.27 15.69

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 24.85% 12.23% 13.83% 19.01% 10.65% 13.53% 6.69% 8.01% 11.33% 12.38% 10.85% 4.94%
Debtor Days 314.06 187.86 148.66 73.66 248.77 108.28 141.99 115.84 99.24 704.00 113.78 94.75
Inventory Turnover 441.40 9.39 11.10 553.00 9.04 6.27 4.77 7.96 17.35 24.83 20.31 13.04