Indiabulls Ventures Ltd.

SECTOR: Finance - Stock Broking

82.9
₹ 3.85 (4.87%)
Today's High: 83 Today's Low : 80
52 Week High: 343.20 52 Week Low : 63.60
  FinStar is Suspended!
FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.

 Company Essentials

Market Cap

5099.22230696 Cr.

P/E

33.4

P/B

0.86

Face Value

₹2

Div. Yield

1.36%

Book Value (TTM)

96.3252

Advances

0 Cr.

Operating Revenue

1185.655 Cr.

Net Profit

3848.65 Cr.

Promoter Holding

36.57%

EPS (TTM)

2.4821

Sales Growth

68.81 %

ROE

2.90 %

ROCE

4.21 %

Profit Growth

117.13 %

No. of Shares

61.5105224 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Income Growth

1 Year68.82%
3 Year59.78%
5 Year32.48%

 Profit Growth

1 Year117.11%
3 Year84.23%
5 Year3.86%

 ROE

1 Year2.9%
3 Year9.43%
5 Year18.15%

 ROCE

1 Year4.21%
3 Year7.86%
5 Year12.52%

 ROA%

2.30

 PEG Ratio

0.43

  PAT Margin (%)

33.86

 EPS Growth(%)

77.23

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Dec 2019 36.57 0
Sep 2019 36.57 0
Jun 2019 36.57 0
Mar 2019 36.98 0
Dec 2018 36.97 0
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 7.53%.
  • Company has maintained a good ROA of 3.12% in last 3 years.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 59.7785068438791%.
  • The company has delivered substantial profit growth of 84.2270563564882% over past 3 years.

 Limitations

 Looks like the company does not have any serious limitations.

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Operating Revenue 20.49 79.15 98.4 36.8 34.13
Other Income 1.08 2.13 0.82 0.89 1.1
Interest Expended 6.61 13.25 10.13 9.44 7.74
Operating Expenses 3.73 26.48 3.34 5.14 2.79
Total Provisions 0 0 0 0 0
Depreciation 0.04 1.52 0.04 0.04 0.04
Profit Before Tax 11.19 40.04 85.72 23.06 24.67
Tax 7.1 11.52 4.81 -0.32 4.79
Net Profit 4.09 28.52 80.9 23.38 19.87

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Operating Income 80.89 76.34 83.6 184.46 311.4
Other Income 123.73 28.18 68.33 19.92 5.78
Interest 26.42 40.15 43.42 59.72 60.27
Adjusted EPS 5 1 1 1 2
Total Provisions 2.36 1 3.73 7.33 4.83
PBT & Exceptionals 134.52 26.13 59.28 65.48 128.01
Exceptional Items 0 0 0 0 0
Profit Before Tax 134.52 26.13 59.28 65.48 128.01
Operating Expenses 41.32 37.23 45.5 71.85 124.07
Profit After Tax 118.26 16.87 47.09 48.57 105.45

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 52.25 58.57 64.04 92.63 113.49
Total Reserves 204.91 143.29 221.64 1528.65 5691.59
Borrowings 0.01 0 0 150.37 150.33
Other N/C liabilities 4.63 4.88 -4.41 7.14 -73.34
Current liabilities 540.63 722.62 858.18 958.82 547.06
Total Liabilities 802.42 929.37 1139.46 2737.6 6429.13
Assets
Loans 0 0 0 0 0
Net Block 6.64 4.5 3.44 6.49 24.23
Capital WIP 0 0 0 0 0
Investments 6.15 6.15 59.25 1367.95 4402.61
Other Loans 23.35 16.56 17.01 2.49 3.06
Other N/C Assets 1.12 1.41 0.74 15.23 10.1
Current Assets 765.17 900.75 1059.01 1345.44 1989.14
Total Assets 802.42 929.37 1139.46 2737.6 6429.13
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

Currently we do not have any Presentation and Concall related to this company.

 Indiabulls Ventures Stock Price Analysis and Quick Research Report

Is Indiabulls Ventures an attractive stock to invest in?

The financial services company caters to the financial and investing needs of their client. The broking industry in India comes under this sector and is a highly regulated industry in India. There are various regulations related to licensing, clearing and settlement, all of which affect the working of the company. These companies provide an online and offline services platform related to investing into the stock market, mutual funds, bonds, debentures & other financial instruments in order to achieve the financial goals of the clients.

These companies have to be a depository participant of either CDSL or NSDL. The broking industry also registers itself as a clearing member of NSE and BSE.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Indiabulls Ventures better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 1054.5 Cr and the compounded growth of profit in the past 3 years is 84.2270563564882 %. The PAT margin of Indiabulls Ventures is 33.8638276581745 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Indiabulls Ventures , the EPS grew by 77.23 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a poor ROE track record. The ROE of Indiabulls Ventures is at 2.89713506027459 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Indiabulls Ventures is worth at the current levels at Rs 73.5. The stock is trading at a current P/E ratio of 175.07 and the average historical P/E for the last 5 years was 95.742.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Indiabulls Ventures is trading at a P/B of 3.2227531621804 . The average historical P/B for the last 5 years was 4.644. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

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