LKP Finance Ltd

₹ 78.6 -1.63%
12 Aug - close price
About

LKP Finance Ltd is a Non-Banking Financial Institution registered with the RBI. The Company is engaged in the business of finance and trading in shares and securities
, derivatives, etc. [1]

Key Points

Services
The services offered by the Co include Equity Broking in Cash and Derivatives, Internet-based trading, Demat services, Research, Debt and Money Market Broking, Merchant Banking, Currency, Loan Against Shares And Margin Funding, Merger and Acquisition (M&A), Commodity Trading and Mutual Fund distribution.[1]
Revenue Split
Interest Income: 4% in FY21 vs 30% in FY20
Net Gain on Fair Value Changes: 62% in FY21 vs NIL in FY20
Net gain on sale of securities: 34% in FY21 vs 70% in FY20 [2]

  • Market Cap 98.7 Cr.
  • Current Price 78.6
  • High / Low 144 / 71.1
  • Stock P/E
  • Book Value 230
  • Dividend Yield 3.82 %
  • ROCE 13.3 %
  • ROE 13.5 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.34 times its book value
  • Stock is providing a good dividend yield of 3.82%.
  • Market value of investments Rs.128 Cr. is more than the Market Cap Rs.98.7 Cr.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 11.7% for 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
4.05 11.76 5.21 5.85 37.55 9.16 28.80 20.39 47.18 21.87 -3.58 -4.48 -4.32
9.44 1.59 1.45 34.95 4.65 1.84 4.07 14.69 6.48 0.94 3.91 5.08 3.91
Operating Profit -5.39 10.17 3.76 -29.10 32.90 7.32 24.73 5.70 40.70 20.93 -7.49 -9.56 -8.23
OPM % -133.09% 86.48% 72.17% -497.44% 87.62% 79.91% 85.87% 27.95% 86.27% 95.70%
0.00 0.00 0.03 0.05 0.00 0.00 1.03 0.46 0.00 0.00 0.16 0.00 0.00
Interest 0.45 0.41 0.56 0.82 0.33 0.88 0.54 0.82 0.32 1.25 0.27 0.97 0.62
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.01 0.00 0.01
Profit before tax -5.84 9.76 3.23 -29.87 32.57 6.44 25.22 5.33 40.37 19.66 -7.61 -10.53 -8.86
Tax % -2.74% 6.66% 20.74% 4.95% 18.42% 19.41% 18.32% -55.72% 14.66% 7.93% 13.01% 11.02% 6.32%
Net Profit -6.00 9.11 2.56 -28.40 26.57 5.19 20.59 8.29 34.45 18.10 -6.62 -9.37 -8.30
EPS in Rs -4.77 7.25 2.04 -22.60 21.14 4.13 16.38 6.60 27.41 14.40 -5.27 -7.46 -6.60

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
97.32 63.20 78.38 74.35 142.77 103.26 44.02 78.14 14.51 19.36 95.98 61.16 9.49
59.16 46.26 46.52 51.01 98.32 73.32 17.42 52.34 15.67 39.92 25.08 16.41 13.84
Operating Profit 38.16 16.94 31.86 23.34 44.45 29.94 26.60 25.80 -1.16 -20.56 70.90 44.75 -4.35
OPM % 39.21% 26.80% 40.65% 31.39% 31.13% 28.99% 60.43% 33.02% -7.99% -106.20% 73.87% 73.17% -45.84%
3.57 1.97 0.36 1.05 0.35 2.42 0.08 0.56 29.88 0.08 1.26 0.00 0.16
Interest 6.59 11.07 23.40 21.96 19.87 20.23 14.23 5.14 2.37 2.24 2.58 2.81 3.11
Depreciation 2.05 1.94 1.80 1.77 3.59 1.46 0.15 0.23 0.11 0.01 0.03 0.04 0.04
Profit before tax 33.09 5.90 7.02 0.66 21.34 10.67 12.30 20.99 26.24 -22.73 69.55 41.90 -7.34
Tax % 9.91% 38.98% 50.85% -283.33% 16.73% 30.74% 18.62% 6.29% 24.50% 0.00% 12.80% 12.74%
Net Profit 29.81 3.60 3.45 2.52 17.78 7.39 10.01 19.67 19.80 -22.73 60.65 36.56 -6.19
EPS in Rs 22.76 2.75 2.80 2.07 14.57 6.06 8.20 15.84 15.75 -18.08 48.26 29.09 -4.93
Dividend Payout % 43.88% 72.67% 71.54% 96.83% 69.99% 115.56% 24.38% 12.63% 19.05% -11.06% 4.15% 10.31%
Compounded Sales Growth
10 Years: 0%
5 Years: 7%
3 Years: 62%
TTM: -91%
Compounded Profit Growth
10 Years: 28%
5 Years: 30%
3 Years: 22%
TTM: -109%
Stock Price CAGR
10 Years: 5%
5 Years: -5%
3 Years: 8%
1 Year: -43%
Return on Equity
10 Years: 9%
5 Years: 12%
3 Years: 12%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
13.08 13.08 12.34 12.20 12.20 12.20 12.20 12.42 12.57 12.57 12.57 12.57
Reserves 144.53 145.30 141.95 140.88 141.02 138.13 110.16 131.33 157.24 131.78 240.66 276.74
97.20 134.34 192.17 115.70 166.40 144.23 95.66 56.01 36.13 35.97 45.78 82.26
67.17 65.31 48.23 59.99 53.05 59.08 18.28 2.11 1.99 6.10 17.32 13.90
Total Liabilities 321.98 358.03 394.69 328.77 372.67 353.64 236.30 201.87 207.93 186.42 316.33 385.47
15.48 15.17 14.51 15.67 13.54 12.57 2.70 3.27 1.65 1.61 1.55 1.53
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 43.77 39.40 13.51 9.65 31.15 37.21 65.71 49.77 113.34 81.58 204.91 182.19
262.73 303.46 366.67 303.45 327.98 303.86 167.89 148.83 92.94 103.23 109.87 201.75
Total Assets 321.98 358.03 394.69 328.77 372.67 353.64 236.30 201.87 207.93 186.42 316.33 385.47

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-84.70 18.37 -65.01 71.97 -12.75 1.12 -8.21 57.71 -1.54 -13.97 -13.03 -13.54
56.88 -2.71 25.04 1.92 41.26 17.75 -4.69 7.78 -45.35 18.23 7.98 -4.55
51.62 21.94 40.13 -78.20 -16.70 -9.58 15.89 -45.23 -26.96 -4.09 8.65 31.17
Net Cash Flow 23.80 37.60 0.16 -4.31 11.81 9.29 2.98 20.26 -73.85 0.18 3.59 13.08

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 168.77 464.28 247.56 360.29 231.73 309.12 85.24 0.00 393.43 219.83 27.38 10.44
Inventory Days
Days Payable
Cash Conversion Cycle 168.77 464.28 247.56 360.29 231.73 309.12 85.24 0.00 393.43 219.83 27.38 10.44
Working Capital Days 372.58 1,043.54 1,231.77 946.64 540.89 608.33 946.16 182.36 632.40 562.96 55.94 87.01
ROCE % 18.36% 6.04% 9.52% 7.35% 14.01% 10.06% 10.35% 12.51% 14.27% -10.62% 29.57% 13.33%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
63.52 63.52 63.52 63.52 63.62 63.62 63.62 63.62 63.62 63.62 63.62 63.62
0.16 0.16 2.98 2.98 2.99 1.60 2.08 3.52 2.40 3.56 3.56 3.56
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.01 0.01
36.32 36.32 33.50 33.50 33.39 34.78 34.30 32.85 33.97 32.81 32.81 32.81

Documents