Reliance Capital Ltd

About

Reliance Capital is registered as Non-Banking Financial Company Core Investment Company (CIC) Non-Deposit Taking Systemically Important (NBFC-CIC-ND-SI) under Section 45-IA of Reserve Bank of India Act, 1934. As a CIC, the Company is primarily a holding company, holding investments in its subsidiaries, associates and other group companies. The Companys subsidiaries and associates are engaged in a wide array of businesses in the financial service sector.

  • Market Cap 557 Cr.
  • Current Price 22.0
  • High / Low 30.8 / 7.15
  • Stock P/E
  • Book Value -457
  • Dividend Yield 0.00 %
  • ROCE -31.8 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 1.51%
  • Contingent liabilities of Rs.3972.12 Cr.
  • Promoter holding has decreased over last 3 years: -51.05%

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
5,308 5,266 5,518 6,069 5,063 4,591 3,780 4,281 4,925 4,881 5,163 4,441
3,892 3,779 6,745 3,657 7,966 3,639 5,249 4,528 6,764 8,085 6,199 4,698
Operating Profit 1,416 1,487 -1,227 2,412 -2,903 952 -1,469 -247 -1,839 -3,204 -1,036 -257
OPM % 27% 28% -22% 40% -57% 21% -39% -6% -37% -66% -20% -6%
Other Income 50 55 71 56 3,797 9 12 6 4 9 39 7
Interest 1,075 1,224 1,140 1,188 1,054 1,072 655 774 674 705 588 671
Depreciation 20 20 63 23 24 25 51 23 25 29 28 27
Profit before tax 371 298 -2,359 1,257 -184 -136 -2,163 -1,038 -2,534 -3,929 -1,613 -948
Tax % 17% 17% 2% 3% 48% -7% -1% -5% -2% -1% -2% -6%
Net Profit 280 213 -2,278 1,233 -55 -135 -2,123 -1,124 -2,598 -4,018 -1,664 -981
EPS in Rs 11.08 8.43 -90.14 48.79 -2.18 -5.34 -84.01 -44.48 -102.81 -159.00 -65.85 -38.82

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
5,925 5,433 6,577 7,448 7,467 8,900 9,941 17,507 18,725 20,453 18,327 19,252 19,410
4,126 3,737 3,802 4,283 4,128 4,982 5,368 12,901 18,851 17,346 20,364 25,548 25,746
Operating Profit 1,799 1,696 2,775 3,165 3,339 3,918 4,573 4,606 -126 3,107 -2,037 -6,296 -6,336
OPM % 30% 31% 42% 42% 45% 44% 46% 26% -1% 15% -11% -33% -33%
Other Income 215 178 52 69 77 74 57 133 158 225 4,931 55 59
Interest 1,358 1,470 2,255 2,348 2,508 2,648 2,828 3,084 4,112 4,541 3,994 2,768 2,638
Depreciation 68 50 54 56 61 68 70 116 94 123 123 105 109
Profit before tax 588 354 518 830 847 1,276 1,732 1,539 -4,174 -1,332 -1,223 -9,114 -9,024
Tax % 25% 16% 37% 15% 19% 18% 22% 19% -9% -9% 2% -2%
Net Profit 433 291 458 812 747 1,001 1,101 1,086 -4,634 -1,513 -1,075 -9,404 -9,261
EPS in Rs 17.64 11.85 18.65 33.06 30.42 39.63 43.59 42.99 -183.38 -59.87 -42.54 -372.13 -366.48
Dividend Payout % 37% 59% 43% 45% 36% 23% 23% 24% -6% -0% -0% -0%
Compounded Sales Growth
10 Years:13%
5 Years:14%
3 Years:1%
TTM:10%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-68%
Stock Price CAGR
10 Years:-23%
5 Years:-46%
3 Years:-55%
1 Year:198%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
246 246 246 246 244 253 253 253 253 253 253 253
Reserves 7,458 7,544 11,522 11,725 12,147 13,071 13,890 15,081 760 -1,204 -2,549 -11,793
Borrowings 14,519 20,374 19,590 22,510 25,577 26,139 28,035 39,261 46,357 46,160 26,909 26,887
3,892 3,923 3,987 6,107 7,560 7,977 24,934 28,006 35,809 38,764 40,164 49,531
Total Liabilities 26,115 32,087 35,345 40,588 45,528 47,440 67,112 82,601 83,179 83,973 64,777 64,878
170 214 280 434 482 530 5,512 5,745 5,726 5,699 5,546 5,578
CWIP 89 -0 1 5 1 2 3 3 34 18 19 20
Investments 11,341 12,301 14,760 15,087 16,157 15,881 25,279 34,652 33,300 32,672 34,594 39,755
14,516 19,572 20,304 25,062 28,888 31,027 36,318 42,201 44,119 45,584 24,618 19,525
Total Assets 26,115 32,087 35,345 40,588 45,528 47,440 67,112 82,601 83,179 83,973 64,777 64,878

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-383 1,298 -2,767 291 1,471 -1,002 -225 -3,623 -6,123 -8,352 15,886 4,058
-706 -781 2,433 582 -213 2,144 2,992 -6,059 -580 5,127 3,156 -3,948
-186 135 -198 -419 -276 -2,011 -1,246 10,535 7,419 -377 -19,251 -22
Net Cash Flow -1,276 652 -532 454 982 -869 1,521 853 716 -3,602 -209 88

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 12 17 24 41 46 14 27 19 17 14 22 29
Inventory Days
Days Payable
Cash Conversion Cycle 12 17 24 41 46 14 27 19 17 14 22 29
Working Capital Days 599 119 169 179 88 172 35 31 -522 -522 -599 -722
ROCE % 9% 7% 9% 10% 9% 10% 11% 10% -0% 7% 8% -32%

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
52.24 52.24 47.48 41.71 40.41 33.51 1.51 1.51 1.51 1.51 1.51 1.51
19.67 16.53 24.41 22.77 13.67 5.16 0.24 0.42 0.41 0.39 0.42 0.44
8.41 8.70 5.74 4.23 3.88 3.51 3.50 3.49 3.49 3.49 3.07 3.07
0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.02 0.02 0.02
19.01 21.87 21.70 30.63 41.37 57.15 94.09 93.92 93.93 93.96 94.35 94.32
0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64

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