Magma Fincorp Ltd.

NSE: MAGMA  SECTOR: Finance - NBFC

120.15
-3.2 (-2.59%)

Price Summary

Today's High

₹ 125.75

Today's Low

₹ 120

52 Week High

₹ 127.5

52 Week Low

₹ 12.7

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

3239.44803873 Cr.

Advances

11174.913 Cr.

No. of Shares

26.9616982 Cr.

P/E

265.47

P/B

1.26

Face Value

₹ 2

Div. Yield

0%

Book Value (TTM)

₹  95.1435

Operating Revenue

2177.5456 Cr.

Net Profit

-10.0108 Cr.

Promoter Holding

24.39%

EPS (TTM)

₹  0.4526

Sales Growth

-2.46788920476738 %

ROE

-0.39641751942256 %

ROCE

8.63475712629118 %

Profit Growth

-103.638588049884 %

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

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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 (in Cr.)

1 Year-2.47%
3 Year3.26%
5 Year1.53%

Profit Growth (in Cr.)

1 Year-103.64%
3 Year-217.97%
5 Year-158.27%

ROE%

1 Year-0.4%
3 Year7.57%
5 Year6.8%

ROCE %

1 Year8.63%
3 Year9.91%
5 Year9.84%

ROA%

-0.0722927095036067

PEG Ratio

NA

PAT Margin (%)

-0.459728604535308

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2020 24.39 0
Sep 2020 24.4 0
Jun 2020 24.4 0
Mar 2020 24.4 0
Dec 2019 24.4 0
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 0.183937787986799 times the book value
  • The company boasts a well-maintained advances growth ratio of %.

 Limitations

  • PAT margin has shrunk by 12.7827232877917%.
  • The company has delivered poor profit growth of -217.974717331089% over past 3 years
  • The company has delivered poor Operating Income growth of 3.261359828556% over past 3 years.
  • Provision and contingencies have increased by 23.8574495883332%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Operating Revenue 518.41 519.43 473.65 488.5 454.66
Other Income 20.68 4.99 4.02 7.72 4.78
Interest Expended 267.46 262.41 244.19 228.24 211.47
Operating Expenses 246.28 246.48 185.41 227.65 234.86
Total Provisions 0 0 0 0 0
Depreciation 18.63 16.73 14.26 13.2 11.53
Profit Before Tax 6.73 -1.19 33.81 27.13 1.58
Tax 1.33 34.16 7.02 7.43 0.53
Net Profit 5.4 -35.35 26.8 19.71 1.05

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Operating Income 2109.64 1977.67 2063.78 2232.64 2177.55
Other Income 29.52 49.07 37.08 173.07 58.59
Interest 998.09 942.57 1012.55 1017.64 1123.97
Operating Expenses 520.21 505.54 529.06 586.2 583.79
Total Provisions 354.88 567.92 322.15 399 494.19
Exceptional Items 0 0 0 0 0
Profit Before Tax 265.97 10.71 237.09 402.88 34.18
Tax 78.82 4.61 35.86 127.75 44.19
Profit After Tax 187.15 6.1 201.23 275.13 -10.01
Adjusted EPS (Rs.) 7.72 0.26 8.49 10.22 -0.37

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 60.37 47.39 47.41 53.86 53.9
Total Reserves 1984.05 1990.5 1763.37 2501.94 2461.41
Borrowings 2603.63 2386.77 1904.52 2203.01 2826.18
Other N/C liabilities 263.81 165.63 -219.83 -123.96 -79.37
Current liabilities 7969.33 6809.24 9827.3 10209.11 7589.09
Total Liabilities 12881.19 11399.54 13322.76 14843.97 12851.22
Assets
Loans 7396.08 0 12154.36 13137.85 11174.91
Net Block 201.53 210.95 191.07 183.56 221.2
Capital WIP 11.86 5.49 0.12 2.59 0
Investments 432.18 532.84 305.57 302.42 402.42
Other Loans 26.36 6244.84 105.42 118.78 103.82
Other N/C Assets 82.33 169.14 0.96 0.95 5.53
Current Assets 4730.86 4236.28 565.27 1097.81 943.33
Total Assets 12881.19 11399.54 13322.76 14843.97 12851.22
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Company Presentations

Company News

Magma Fincorp Stock Price Analysis and Quick Research Report. Is Magma Fincorp an attractive stock to invest in?

 

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 Magma Fincorp 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 -10.0108 Cr and the compounded growth of profit in the past 3 years is -217.974717331089 %. The PAT margin of Magma Fincorp is -0.459728604535308 %.

  • 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 Magma Fincorp , the EPS declined by -103.636002708367 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a poor ROE track record. The ROE of Magma Fincorp is at -0.39641751942256 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Magma Fincorp is worth at the current levels at Rs 123.35. The stock is trading at a current P/E ratio of 0 and the average historical P/E for the last 5 years was 90.3988881897357.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Magma Fincorp is trading at a P/B of 1.2628293052074 . The average historical P/B for the last 5 years was 1.10768193511626. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Magma Fincorp

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