Mufin Green Finance Ltd
- Market Cap ₹ 1,961 Cr.
- Current Price ₹ 120
- High / Low ₹ 274 / 90.4
- Stock P/E 101
- Book Value ₹ 16.0
- Dividend Yield 0.00 %
- ROCE 10.6 %
- ROE 8.27 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 208 days to 11.7 days
Cons
- Stock is trading at 7.47 times its book value
- 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 8.39% over last 3 years.
- Promoter holding has decreased over last 3 years: -13.4%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 3 | 2 | 23 | 15 | 34 | 98 | 137 | |
0 | 0 | 0 | 8 | -0 | 2 | 16 | 29 | 36 | |
Operating Profit | 0 | 0 | 3 | -7 | 23 | 13 | 18 | 69 | 101 |
OPM % | 10% | 81% | 94% | -386% | 100% | 84% | 54% | 70% | 74% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 45 | 72 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 3 |
Profit before tax | 0 | 0 | 3 | -7 | 23 | 13 | 11 | 21 | 26 |
Tax % | 0% | 23% | 14% | -9% | 12% | 14% | 25% | 24% | |
0 | 0 | 3 | -6 | 20 | 11 | 8 | 16 | 19 | |
EPS in Rs | -0.47 | 1.53 | 0.84 | 0.54 | 0.99 | 1.18 | |||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 96% |
3 Years: | 62% |
TTM: | 118% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | -6% |
TTM: | 56% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 116% |
3 Years: | 129% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 8% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 4 | 4 | 4 | 4 | 5 | 16 | 16 |
Reserves | 0 | 0 | 73 | 67 | 86 | 97 | 149 | 228 | 243 |
0 | 0 | 0 | 10 | 0 | 0 | 226 | 640 | 677 | |
0 | 0 | 1 | 0 | 2 | 1 | 16 | 41 | 46 | |
Total Liabilities | 2 | 2 | 78 | 82 | 93 | 103 | 395 | 926 | 984 |
0 | 0 | 0 | 0 | 0 | 2 | 3 | 9 | 8 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 1 | 66 | 59 | 73 | 10 | 3 | 5 | 38 |
2 | 1 | 12 | 22 | 20 | 91 | 389 | 912 | 938 | |
Total Assets | 2 | 2 | 78 | 82 | 93 | 103 | 395 | 926 | 984 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
0 | -2 | 3 | -13 | 4 | -58 | -175 | -359 | |
0 | 0 | 0 | -1 | 6 | 67 | -85 | -57 | |
2 | 0 | 0 | 10 | -10 | -0 | 269 | 486 | |
Net Cash Flow | 2 | -2 | 3 | -3 | -0 | 9 | 8 | 70 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 9 | 119 | 2 | 0 | 0 | 0 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 0 | 0 | 9 | 119 | 2 | 0 | 0 | 0 |
Working Capital Days | -182 | 2,236 | 35 | 132 | 5 | 651 | -41 | 12 |
ROCE % | 6% | 8% | -8% | 27% | 13% | 7% | 11% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment
29 Nov - Allotment of 1,500 non-convertible debentures via private placement.
-
Board Meeting Outcome for Outcome Of The Committee Meeting Of The Board Of Mufin Green Finance Limited ('Company') Held On Friday, November 29, 2024
29 Nov - Approval for raising INR 15 Cr via debentures.
-
Board Meeting Intimation for Prior Intimation Of Committee Meeting As Per Regulation 29 Of The SEBI (LODR) Regulations, 2015
26 Nov - Committee meeting for private placement of debentures.
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
22 Nov - Information on issuance of duplicate share certificate.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
Business Overview
The company is engaged in financing climate-sustainable products. It provides loans for income generation through Electric Vehicles, Electric Charging Infrastructure, and Swappable Batteries under 2 models: [1]