First Financial Services Ltd
First Financial Services carry on business of an Issue house, and to liaison with Promoters and Merchant bankers on issue of shares, debentures, bonds, or other securities of companies, bodies corporate. First Financial Serivces provide Investment / Merchant banking services by acting Financial Advisors, Intermediaries in Merger and Acquisitions, Technical Consultants and System Analysts to carry on the business of underwriters, advisors, consultants to issue of shares, debentures, bonds, fixed deposits and other securities and of syndication of loan, project finance Working capital facilities, deferred payment facilities and syndication of lease and hire purchase facilities.
- Market Cap ₹ Cr.
- Current Price ₹ 21.4
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 1.42
- Dividend Yield 0.00 %
- ROCE -17.4 %
- ROE -19.9 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 15.1 times its book value
- The company has delivered a poor sales growth of -22.9% over past five years.
- Company has a low return on equity of -15.0% over last 3 years.
* 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Aug 2009 | Mar 2010 7m | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.01 | 0.69 | 2.93 | 3.82 | 1.01 | 7.22 | 0.34 | 1.50 | 4.90 | 0.56 | 1.97 | 0.00 | |
| 0.00 | 0.00 | 0.47 | 2.42 | 3.14 | 0.99 | 7.24 | 0.84 | -3.55 | 5.16 | 4.42 | 4.22 | -0.11 | |
| Operating Profit | 0.00 | 0.01 | 0.22 | 0.51 | 0.68 | 0.02 | -0.02 | -0.50 | 5.05 | -0.26 | -3.86 | -2.25 | 0.11 |
| OPM % | 100.00% | 31.88% | 17.41% | 17.80% | 1.98% | -0.28% | -147.06% | 336.67% | -5.31% | -689.29% | -114.21% | ||
| 0.00 | 0.00 | 0.65 | 0.01 | 0.01 | 0.08 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 | 0.57 | |
| Interest | 0.00 | 0.00 | 0.01 | 0.12 | 0.00 | 0.01 | 0.01 | 0.25 | 0.21 | 0.02 | 0.01 | 0.02 | 0.00 |
| Depreciation | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.23 | 0.01 | 0.86 | 0.40 | 0.69 | 0.09 | -0.03 | -0.75 | 4.84 | -0.26 | -3.85 | -2.27 | 0.68 |
| Tax % | 0.00% | 0.00% | 0.00% | 20.00% | 30.43% | 22.22% | 100.00% | 0.00% | 28.93% | 134.62% | 0.00% | 11.89% | |
| -0.23 | 0.01 | 0.86 | 0.32 | 0.48 | 0.07 | -0.06 | -0.75 | 3.44 | -0.62 | -3.85 | -2.54 | 0.41 | |
| EPS in Rs | 0.05 | 0.06 | 0.01 | -0.01 | -0.09 | 0.43 | -0.08 | -0.48 | -0.31 | 0.04 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 33.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 70% |
| 5 Years: | -23% |
| 3 Years: | 10% |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -5% |
| 3 Years: | -15% |
| Last Year: | -20% |
Balance Sheet
Figures in Rs. Crores
| Aug 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.75 | 3.75 | 3.75 | 5.82 | 8.07 | 8.07 | 8.07 | 8.07 | 8.07 | 8.07 | 8.07 | 8.07 | 8.07 |
| Reserves | -3.46 | -3.45 | -2.60 | 10.60 | 9.09 | 9.16 | 9.10 | 8.35 | 10.41 | 9.79 | 5.94 | 3.40 | 3.87 |
| 0.61 | 0.35 | 1.01 | 0.88 | 0.14 | 0.00 | 0.06 | 0.13 | 0.11 | 0.04 | 0.18 | 0.18 | 0.00 | |
| 0.23 | 0.00 | 1.76 | 0.10 | 0.58 | 0.01 | 1.28 | 1.15 | 0.96 | 1.26 | 1.57 | 1.53 | 1.53 | |
| Total Liabilities | 1.13 | 0.65 | 3.92 | 17.40 | 17.88 | 17.24 | 18.51 | 17.70 | 19.55 | 19.16 | 15.76 | 13.18 | 13.47 |
| 0.71 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.57 | 12.91 | 7.25 | 3.82 | 4.12 |
| 0.42 | 0.65 | 3.92 | 17.40 | 17.88 | 17.24 | 18.51 | 17.70 | 5.98 | 6.25 | 8.51 | 9.36 | 9.35 | |
| Total Assets | 1.13 | 0.65 | 3.92 | 17.40 | 17.88 | 17.24 | 18.51 | 17.70 | 19.55 | 19.16 | 15.76 | 13.18 | 13.47 |
Cash Flows
Figures in Rs. Crores
| Aug 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.45 | -0.56 | -14.25 | 0.26 | -0.17 | -0.57 | -0.36 | -0.01 | 0.30 | 1.69 | 0.45 | |
| 0.00 | 0.71 | 0.00 | 0.03 | 0.00 | 0.00 | 0.61 | 0.34 | 0.21 | 0.33 | 0.34 | -2.96 | |
| 0.00 | -0.26 | 0.67 | 14.16 | -0.10 | 0.26 | 0.06 | -0.18 | -0.21 | -0.01 | -0.01 | -0.02 | |
| Net Cash Flow | 0.00 | 0.00 | 0.11 | -0.06 | 0.16 | 0.09 | 0.10 | -0.20 | -0.01 | 0.62 | 2.02 | -2.53 |
| Free Cash Flow | 0.00 | 0.26 | -0.56 | -14.25 | 0.26 | -0.17 | -0.57 | -0.36 | -0.01 | 0.30 | 1.69 | 0.45 |
| CFO/OP | -4,500% | -245% | -2,794% | 49% | 200% | 2,700% | 72% | -0% | -115% | -44% | -20% |
Ratios
Figures in Rs. Crores
| Aug 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18,250.00 | 52.90 | 28.65 | 14.33 | 18.07 | 0.00 | 0.00 | 0.00 | 0.00 | 6.52 | 0.00 | |
| Inventory Days | 2,939.73 | 1,532.33 | 1,070.92 | 3,990.67 | 581.69 | 0.00 | 0.00 | 0.00 | ||||
| Days Payable | 1,736.22 | 0.00 | 21.55 | 0.00 | 65.22 | |||||||
| Cash Conversion Cycle | 18,250.00 | 1,256.41 | 1,560.98 | 1,063.71 | 4,008.74 | 516.47 | 0.00 | 0.00 | 0.00 | 6.52 | 0.00 | |
| Working Capital Days | 18,250.00 | 550.14 | 2,039.27 | 1,620.52 | 3,299.46 | 493.41 | 10,778.24 | 9.73 | -4.47 | -338.93 | -42.61 | |
| ROCE % | -22.55% | 1.12% | 61.92% | 5.34% | 3.99% | 0.58% | -0.12% | -2.96% | 28.74% | -1.32% | -23.93% | -17.41% |