Reliance Capital Ltd

Reliance Capital Ltd

₹ 12.4 1.23%
26 Feb 2024
About

Incorporated in 1986, Reliance Capital Ltd is engaged in the Finance & Investment activities[1]

Key Points

Business Overview:[1][2]
RCap is a part of Anil Ambani Group and operates as a holding company for group's various entities in the financial services sector. It is a Core Investment Company registered as
a Non-Banking Finance Company –Core Investment Company – Non -Deposit Taking Systemically Important. Company holds investments in its subsidiaries, associates and other group companies which deal in the
financial service sector

  • Market Cap 312 Cr.
  • Current Price 12.4
  • High / Low 16.0 / 8.30
  • Stock P/E
  • Book Value -455
  • Dividend Yield 0.00 %
  • ROCE -18.5 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.33% over past five years.
  • Promoter holding is low: 0.88%
  • Contingent liabilities of Rs.3,988 Cr.
  • Debtor days have increased from 37.4 to 48.3 days.

* 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

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
4,881 5,163 4,441 5,993 4,076 4,763 3,596 5,796 5,218 4,427 5,957 6,393 6,098
8,085 6,199 4,699 6,411 5,230 8,674 3,766 5,712 5,167 5,914 5,535 6,644 5,879
Operating Profit -3,204 -1,036 -258 -418 -1,154 -3,911 -170 84 51 -1,487 423 -251 218
OPM % -66% -20% -6% -7% -28% -82% -5% 1% 1% -34% 7% -4% 4%
9 39 7 8 7 113 13 251 9 9 47 30 20
Interest 705 588 671 677 563 278 271 15 6 8 -1 8 22
Depreciation 29 28 27 28 28 30 30 31 28 27 26 27 29
Profit before tax -3,929 -1,613 -949 -1,115 -1,738 -4,106 -458 290 27 -1,513 444 -256 187
Tax % -1% -2% -6% -4% -1% -1% -7% 26% 41% 1% 2% 7% 57%
-3,966 -1,649 -1,006 -1,156 -1,759 -4,132 -491 215 16 -1,499 434 -239 81
EPS in Rs -159.00 -65.85 -38.80 -47.07 -70.16 -165.03 -18.27 7.38 -0.03 -59.46 15.60 -10.40 1.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
6,577 7,448 7,467 8,900 9,941 17,507 18,725 20,453 18,327 19,251 19,272 19,037 22,874
3,802 4,283 4,128 4,982 5,368 12,901 18,851 17,346 20,364 25,550 24,878 20,522 23,971
Operating Profit 2,775 3,165 3,339 3,918 4,573 4,606 -126 3,107 -2,037 -6,299 -5,607 -1,486 -1,097
OPM % 42% 42% 45% 44% 46% 26% -1% 15% -11% -33% -29% -8% -5%
52 69 77 74 57 133 158 225 4,931 58 30 281 106
Interest 2,255 2,348 2,508 2,648 2,828 3,084 4,112 4,541 3,994 2,768 2,218 334 37
Depreciation 54 56 61 68 70 116 94 123 123 105 112 116 110
Profit before tax 518 830 847 1,276 1,732 1,539 -4,174 -1,332 -1,223 -9,114 -7,908 -1,654 -1,138
Tax % 37% 15% 19% 18% 22% 19% -9% -9% 2% -2% -2% -6%
465 874 844 1,131 1,265 1,248 -4,556 -1,454 -1,199 -9,287 -8,055 -1,759 -1,223
EPS in Rs 18.65 33.06 30.42 39.63 43.59 42.99 -183.38 -59.87 -42.54 -372.10 -321.15 -70.38 -52.70
Dividend Payout % 43% 45% 36% 23% 23% 24% -6% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 10%
5 Years: 0%
3 Years: 1%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: 10%
3 Years: -29%
TTM: 70%
Stock Price CAGR
10 Years: -28%
5 Years: -39%
3 Years: 8%
1 Year: 39%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 246 246 244 253 253 253 253 253 253 253 253 253 253
Reserves 11,522 11,725 12,147 13,071 13,890 15,081 760 -1,202 -2,547 -11,791 -20,073 -12,319 -11,745
19,590 22,510 25,577 26,139 28,035 39,261 46,357 46,160 26,909 26,887 26,839 17,650 17,604
3,987 6,107 7,560 7,977 24,934 28,006 35,809 38,762 40,162 49,528 56,671 60,756 65,180
Total Liabilities 35,345 40,588 45,528 47,440 67,112 82,601 83,179 83,973 64,777 64,876 63,689 66,341 71,293
280 434 482 530 5,512 5,745 5,726 5,699 5,546 5,577 5,582 5,263 5,269
CWIP 1 5 1 2 3 3 34 18 19 20 15 16 4
Investments 14,760 15,087 16,157 15,881 25,279 34,652 33,300 32,672 34,594 39,755 44,014 48,524 51,520
20,304 25,062 28,888 31,027 36,318 42,201 44,119 45,584 24,618 19,524 14,078 12,538 14,501
Total Assets 35,345 40,588 45,528 47,440 67,112 82,601 83,179 83,973 64,777 64,876 63,689 66,341 71,293

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-2,767 291 1,471 -1,002 -225 -3,623 -6,123 -8,352 15,886 4,057 4,020 5,249
2,433 582 -213 2,144 2,992 -6,059 -580 5,127 3,156 -3,948 -3,350 -4,899
-198 -419 -276 -2,011 -1,246 10,535 7,419 -377 -19,251 -23 -48 -844
Net Cash Flow -532 454 982 -869 1,521 853 716 -3,602 -209 87 622 -493

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 24 41 46 14 27 19 17 14 22 29 35 48
Inventory Days
Days Payable
Cash Conversion Cycle 24 41 46 14 27 19 17 14 22 29 35 48
Working Capital Days -53 -39 -120 -19 -157 -98 -548 -522 -599 -722 -862 -939
ROCE % 9% 10% 9% 10% 11% 9% -0% 7% 8% -31% -48% -19%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
1.51% 1.51% 1.51% 1.51% 1.51% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89% 0.89%
0.44% 0.43% 0.57% 0.85% 0.72% 0.72% 0.40% 0.14% 0.00% 0.00% 0.00% 0.00%
3.07% 3.07% 3.07% 3.08% 3.07% 3.07% 3.07% 3.07% 3.05% 3.05% 2.99% 2.99%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
94.32% 94.34% 94.20% 93.91% 94.04% 94.67% 94.98% 95.25% 95.41% 95.41% 95.47% 95.47%
0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.63% 0.63% 0.63% 0.63%
No. of Shareholders 7,75,9237,75,7047,83,6227,89,8067,91,5767,88,4777,87,1147,83,4427,73,2767,65,7207,57,3707,48,998

* 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.

Documents

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