SBFC Finance Ltd

SBFC Finance Ltd

₹ 83.4 1.46%
24 May - close price
About

Incorporated in 2008, SBFC Finance Limited is a systemically important, NBFC (NBFC-ND-SI) offering Secured MSME Loans and Loans against Gold[1]

Key Points

Leading MSME Company[1] Among MSME companies, SBFC has one of the highest assets under management (“AUM”) growth, and has grown at a CAGR of 44% from FY19 to FY23, with disbursements growing at a CAGR of 40% in this period

  • Market Cap 8,960 Cr.
  • Current Price 83.4
  • High / Low 98.0 / 72.2
  • Stock P/E 37.8
  • Book Value 25.9
  • Dividend Yield 0.00 %
  • ROCE 10.9 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.23 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.07%

* 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

Jun 2023 Sep 2023 Dec 2023 Mar 2024
Revenue 230 246 264 279
Interest 89 89 85 88
75 83 90 90
Financing Profit 66 74 89 100
Financing Margin % 29% 30% 34% 36%
0 0 0 1
Depreciation 3 3 3 4
Profit before tax 63 71 86 97
Tax % 25% 26% 25% 24%
47 53 64 74
EPS in Rs 0.51 0.49 0.60 0.69
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Revenue 529 734 1,019
Interest 222 278 351
210 247 340
Financing Profit 97 209 328
Financing Margin % 18% 28% 32%
1 5 1
Depreciation 12 13 13
Profit before tax 87 201 316
Tax % 26% 26% 25%
65 150 237
EPS in Rs 0.77 1.67 2.21
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 39%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 58%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Equity Capital 807 890 1,072
Reserves 480 838 1,706
2,940 3,739 3,996
288 280 289
Total Liabilities 4,515 5,746 7,063
299 296 301
CWIP 0 1 0
Investments 848 607 406
3,368 4,843 6,355
Total Assets 4,515 5,746 7,063

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
-822 -1,245 -1,155
652 206 159
183 1,071 1,037
Net Cash Flow 13 32 41

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
ROE % 10% 11%

Shareholding Pattern

Numbers in percentages

21 Recently
Sep 2023Dec 2023Mar 2024
64.05% 63.74% 60.66%
2.74% 2.23% 2.86%
12.42% 11.94% 13.53%
20.36% 21.88% 22.77%
0.45% 0.22% 0.17%
No. of Shareholders 1,19,1091,29,4701,35,768

* 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