TruCap Finance Ltd

TruCap Finance Ltd

₹ 69.9 -2.44%
12 Apr 4:01 p.m.
About

Dhanvarsha Finvest Limited is a non-deposit taking NBFC registered with the RBI. It is engaged in providing financing services to MSMEs and individuals. [1]

Key Points

Products
The Co. is engaged primarily in the business of providing Micro Enterprise Loans, SME Loans, Other Structured Business, Personal Loans, Gold Loans and ancillary services related to the said business activities. [1]

  • Market Cap 814 Cr.
  • Current Price 69.9
  • High / Low 87.1 / 40.0
  • Stock P/E 118
  • Book Value 19.8
  • Dividend Yield 0.01 %
  • ROCE 10.4 %
  • ROE 2.89 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company's median sales growth is 25.4% of last 10 years

Cons

  • Stock is trading at 3.50 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.93%
  • Company has a low return on equity of 3.52% over last 3 years.
  • Promoters have pledged 39.3% of their holding.
  • Debtor days have increased from 67.2 to 105 days.
  • Working capital days have increased from 80.2 days to 136 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
5.33 7.28 11.41 14.97 20.29 23.15 26.06 30.45 34.65 32.65 37.78 42.49 39.60
5.31 5.59 5.43 6.37 8.89 10.25 12.21 14.94 18.31 14.51 17.11 20.11 21.99
Operating Profit 0.02 1.69 5.98 8.60 11.40 12.90 13.85 15.51 16.34 18.14 20.67 22.38 17.61
OPM % 0.38% 23.21% 52.41% 57.45% 56.19% 55.72% 53.15% 50.94% 47.16% 55.56% 54.71% 52.67% 44.47%
1.80 0.38 0.01 0.06 0.05 0.11 0.02 0.08 0.01 0.03 -0.00 0.24 9.17
Interest 0.54 1.97 3.51 5.15 7.25 8.45 9.99 12.17 13.75 14.87 17.34 18.16 20.51
Depreciation 0.39 0.37 0.73 0.92 1.14 1.29 1.37 1.19 1.54 1.86 1.65 1.75 2.74
Profit before tax 0.89 -0.27 1.75 2.59 3.06 3.27 2.51 2.23 1.06 1.44 1.68 2.71 3.53
Tax % 176.40% 314.81% 98.29% 27.03% 4.25% 23.55% 25.90% 12.56% 34.91% 26.39% 25.60% 43.91% 12.75%
-0.68 0.57 0.04 1.90 2.94 2.50 1.85 1.94 0.69 1.07 1.26 1.51 3.08
EPS in Rs -0.09 0.07 0.01 0.25 0.38 0.28 0.17 0.18 0.06 0.09 0.11 0.13 0.26
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
2 0 0 0 2 1 12 19 19 24 70 123 153
0 0 0 0 2 1 5 12 12 17 31 60 74
Operating Profit 2 0 0 0 0 0 6 8 8 7 39 63 79
OPM % 93% 35% 23% 13% 7% 3% 55% 39% 40% 28% 56% 51% 52%
-0 -0 -0 0 0 -0 0 0 0 0 0 1 9
Interest 2 0 -0 -0 -0 -0 2 5 2 4 24 51 71
Depreciation 0 -0 -0 0 -0 0 0 0 0 1 4 6 8
Profit before tax 0 0 0 0 0 0 5 2 6 2 11 7 9
Tax % -0% -0% -0% 33% 31% 100% 11% 12% 27% 61% 31% 23%
0 0 0 0 0 0 4 2 4 1 7 6 7
EPS in Rs 0.11 0.05 0.02 0.01 0.02 0.00 1.05 0.32 0.61 0.09 0.83 0.48 0.59
Dividend Payout % -0% -0% -0% -0% -0% -0% 19% 16% 3% 11% 1% 2%
Compounded Sales Growth
10 Years: 76%
5 Years: 60%
3 Years: 86%
TTM: 33%
Compounded Profit Growth
10 Years: 46%
5 Years: 6%
3 Years: 11%
TTM: -1%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: -15%
1 Year: 26%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 4%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 3 3 3 6 8 8 8 14 14 15 18 23 23
Reserves 1 1 1 1 1 1 5 12 16 79 152 190 208
16 11 11 1 1 0 39 25 16 81 286 443 466
0 0 0 1 0 0 3 3 3 10 16 22 12
Total Liabilities 19 15 15 10 9 9 55 54 48 185 472 678 708
0 0 0 0 1 1 1 1 3 10 18 21 37
CWIP -0 -0 -0 -0 -0 -0 0 1 0 1 11 12 0
Investments -0 -0 -0 -0 1 2 1 -0 1 18 51 81 45
19 15 15 10 7 7 53 52 43 155 392 564 626
Total Assets 19 15 15 10 9 9 55 54 48 185 472 678 708

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 -0 0 6 -1 1 -41 2 13 -78 -181 -149
-0 -0 -0 -0 -1 0 5 2 -4 -38 -76 -69
-0 -0 -0 -6 1 -0 39 -3 -11 145 283 198
Net Cash Flow -0 -0 -0 0 -1 1 2 1 -2 30 26 -20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 -0 -0 -0 170 2 3 12 0 23 32 64 105
Inventory Days 47,815 242 -0
Days Payable 1,460 11
Cash Conversion Cycle -0 -0 -0 46,525 233 3 12 0 23 32 64 105
Working Capital Days 3,429 12,087 -195 24 165 -108 236 -11 68 36 68 136
ROCE % 9% 1% 0% 0% 2% 0% 22% 15% 15% 5% 11% 10%

Shareholding Pattern

Numbers in percentages

26 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
61.36% 61.19% 61.19% 60.35% 65.14% 67.00% 65.34% 60.25% 58.44% 53.57% 50.77% 46.84%
1.86% 4.23% 4.15% 4.11% 2.83% 3.43% 3.06% 8.45% 8.45% 8.57% 8.13% 8.43%
0.49% 0.00% 0.00% 0.10% 0.09% 0.08% 0.07% 0.07% 0.07% 0.00% 0.00% 0.00%
36.29% 34.57% 34.65% 35.44% 31.94% 29.49% 31.53% 31.24% 33.04% 37.86% 41.10% 44.72%
No. of Shareholders 1,1941,6631,8732,7125,5497,98010,54310,02810,4879,84211,97014,578

* 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

Concalls