Ticker >

Finkurve Financial share price

Finkurve Financial Services Ltd.

BSE: 508954 SECTOR: Finance - NBFC  10k   19   0

70.00
-1.56 (-2.18%)
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 71.47

Today's Low

₹ 69

52 Week High

₹ 103.9

52 Week Low

₹ 46.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

888.01 Cr.

Advances

0 Cr.

No. of Shares

12.69 Cr.

P/E

66.09

P/B

4.83

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  14.48

Operating Revenue

50.43 Cr.

Net Profit

14.32 Cr.

Promoter Holding

58.99 %

EPS (TTM)

₹  1.06

Sales Growth

122.35

ROE

8.7 %

ROCE

12.11%

Profit Growth

-33.72 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year122.35%
3 Year45.69%
5 Year32.53%

Profit Growth

1 Year-33.72%
3 Year52.61%
5 Year51.5%

ROE%

1 Year8.7%
3 Year8.93%
5 Year7.64%

ROCE %

1 Year12.11%
3 Year11.26%
5 Year10.7%

ROA%

6.64200276564626

PEG Ratio

NA

PAT Margin (%)

28.4019163044513

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 58.99 20.04
Dec 2023 54.6 10.11
Sep 2023 54.6 10.11
Jun 2023 54.6 17.32
Mar 2023 54.6 17.32
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has maintained a good ROA of 6.4364225995505% in last 3 years.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 45.6909202471948%.
  • The company has delivered substantial profit growth of 52.6134134285004% over past 3 years.

 Limitations

  • PAT margin has shrunk by 66.8720390849326%.
  • Provision and contingencies have increased by 92.4546902252218%.
  • Promoter pledging is high as 20.04%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 14.06 17.29 19.99 23.06 23.64
Other Income 0 0.06 0.04 0.04 0.07
Interest Expended 1.46 1.49 1.58 1.17 1.65
Operating Expenses 6.84 12.17 15.75 16.31 15.32
Total Provisions 0 0 0 0 0
Depreciation 0.13 0.16 0.12 0.12 0.12
Profit Before Tax 5.63 3.54 2.59 5.51 6.63
Tax 1.26 1.28 0.68 1.15 1.72
Net Profit 4.37 2.26 1.9 4.36 4.91
Adjusted EPS (RS) 0.34 0.18 0.15 0.34 0.39

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 14.97 16.31 20.43 22.68 50.43
Other Income 0.06 0.07 0.02 0.02 4.43
Interest 11.62 8.08 6.84 3.31 4.95
Operating Expenses 1.3 1.73 2.82 10.64 25.24
Total Provisions 0.93 1.23 4.71 2.64 5.08
Exceptional Items 0 0 0 20.95 0
Profit Before Tax 1.17 5.34 6.08 27.06 19.6
Tax 0.39 1.31 1.57 5.45 5.27
Profit After Tax 0.79 4.03 4.51 21.61 14.32
Adjusted EPS (Rs.) 0.08 0.32 0.36 1.7 1.13

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 9.66 12.69 12.69 12.69 12.69
Total Reserves 4.07 118.75 123.26 145.36 159.81
Borrowings 0 4.34 0 5 13.11
Other N/C liabilities -0.3 -0.21 -0.86 -0.6 1.62
Current liabilities 93.51 69.42 81.93 30.93 50.69
Total Liabilities 106.94 204.99 217.01 193.38 237.91
Assets
Loans 0 0 0 0 0
Net Block 0.07 0.25 0.44 0.62 1.18
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 9.77 10.69 12.47 5.08 4.1
Other Loans 0.01 0.01 0.01 0.23 0.05
Other N/C Assets 0 0 0 0 2.03
Current Assets 97.08 194.03 204.09 187.44 230.56
Total Assets 106.94 204.99 217.01 193.38 237.91
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 54.60 54.60 54.60 54.60 58.99
bhavna ashwin bafna 0.32 0.32 0.32 0.32 0.32
devkumari manekchand koth... 0.06 0.06 0.06 0.06 0.80
kalawati prithviraj kotha... 5.51 5.51 5.51 5.51 7.13
ketan b kothari 42.13 42.13 42.13 42.13 42.13
mohinidevi bhanwarlal kot... 5.16 5.16 5.16 5.16 5.16
namita ketan kothari 1.42 1.42 1.42 1.42 1.42
sohini harakhchand vardha... - - - - 2.03
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 45.40 45.40 45.40 45.40 41.01
llp 0.02 0.02 0.03 0.02 0.02
nexpact limited 5.84 5.84 5.84 5.84 5.84
rishabh mehta 6.39 6.39 6.39 6.39 6.39
shobha ramesh mehta - - - - 1.91
thomas john muthoot 14.52 14.52 14.52 14.52 14.52
narendra shivji shah 1.03 1.03 1.03 1.03 -
sangeeta bishon singh 1.18 1.18 1.18 1.18 -
sohini harakhchand vardha... - - - 1.08 -
vipul ramesh mehta 1.10 1.10 1.10 1.10 -
prakash rajesh jain 1.08 1.08 1.08 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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

Company News

Finkurve Financial Services informs about disclosure 23 Mar 2024, 11:04AM Finkurve Financial Services informs about disclosure21 Mar 2024, 11:47AM Finkurve Financial Services to divest investment in M/s. Arvog Enterprises1 Mar 2024, 11:22AM Finkurve Financial Services informs about disclosure21 Feb 2024, 5:05PM Finkurve Financial Services informs about disclosure 21 Feb 2024, 2:18PM Finkurve Financial - Quaterly Results9 Feb 2024, 12:45PM Finkurve Financial - Quaterly Results9 Feb 2024, 12:45PM Finkurve Financial - Quaterly Results9 Feb 2024, 12:45PM Finkurve Financial Services informs about board meeting31 Jan 2024, 5:18PM Finkurve Financial Services informs about closure of trading window26 Dec 2023, 4:25PM Finkurve Financial Services incorporates wholly-owned subsidiary21 Oct 2023, 11:41AM Finkurve Financial Services incorporates wholly-owned Subsidiary18 Sep 2023, 6:34PM Finkurve Financial Services submits intimation on collaboration with indian bank30 Aug 2023, 5:45PM Finkurve Financial Services collaborates with Indian Bank30 Aug 2023, 3:14PM Finkurve Financial - Quaterly Results11 Aug 2023, 3:29PM Finkurve Financial - Quaterly Results11 Aug 2023, 3:29PM Finkurve Financial Services informs about outcome of board meeting30 Jun 2023, 5:12PM Finkurve Financial Services informs about press release22 May 2023, 3:54PM Finkurve Financial - Quaterly Results20 May 2023, 3:20PM Finkurve Financial - Quaterly Results20 May 2023, 3:20PM Finkurve Financial - Quaterly Results20 May 2023, 3:20PM Finkurve Financial - Quaterly Results10 Feb 2023, 12:41PM Finkurve Financial - Quaterly Results10 Feb 2023, 12:41PM Finkurve Financial - Quaterly Results10 Feb 2023, 12:41PM Finkurve Financial Services informs about closure of trading window 28 Dec 2022, 2:54PM Finkurve Financial Services informs about appointment of CEO of company13 Dec 2022, 3:02PM Finkurve Financial Services informs about outcome of board meeting13 Dec 2022, 2:28PM Finkurve Financial - Quaterly Results14 Nov 2022, 8:29PM Finkurve Financial - Quaterly Results14 Nov 2022, 8:29PM Finkurve Financial Services informs about scrutinizer's report7 Sep 2022, 2:48PM Finkurve Financial - Quaterly Results12 Aug 2022, 2:56PM Finkurve Financial - Quaterly Results12 Aug 2022, 2:56PM Finkurve Financial Services informs about board meeting intimation1 Aug 2022, 5:02PM Finkurve Financial Services informs about board meeting31 May 2022, 3:55PM Finkurve Financial Services informs about outcome board meeting31 May 2022, 3:17PM Finkurve Financial - Quaterly Results30 May 2022, 8:41PM Finkurve Financial - Quaterly Results30 May 2022, 8:41PM Finkurve Financial Services informs about newspapers cuttings 13 May 2022, 5:16PM Finkurve Financial Services informs about non- applicability of large corporate entity8 Apr 2022, 2:59PM Finkurve Financial Services reply for clarification sought for movement in price30 Mar 2022, 4:18PM Finkurve Financial Services completes divestment of entire stake in Arvog Forex19 Feb 2022, 1:58PM Finkurve Financial - Quaterly Results14 Feb 2022, 5:06PM Finkurve Financial - Quaterly Results14 Feb 2022, 5:06PM Finkurve Financial Services informs about newspaper publication16 Nov 2021, 12:49PM Finkurve Financial - Quaterly Results13 Nov 2021, 8:16PM Finkurve Financial Services board to approve un-audited financial results6 Nov 2021, 12:21PM Finkurve Financial Services informs about compliance certificate12 Oct 2021, 4:39PM Finkurve Financial Services informs about AGM proceedings20 Sep 2021, 3:47PM Finkurve Financial Services completes acquisition of 16.63% stake in Arvog Forex6 Sep 2021, 3:39PM Finkurve Financial Services informs about grant of employee stock options under ESOP 24 Aug 2021, 3:14PM

Finkurve Financial Stock Price Analysis and Quick Research Report. Is Finkurve Financial 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 Finkurve Financial 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 Finkurve Financial is Rs 14.3232 Cr and the compounded growth of profit in the past 3 years is 52.6127682752345 %. The PAT margin of Finkurve Financial is 28.4019163044513 %.

  • 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 Finkurve Financial , the EPS declined by -33.7149230949865 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Finkurve Financial has a poor ROE track record. The ROE of Finkurve Financial is at 8.69546740747801 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Finkurve Financial is worth at the current levels at Rs 70. The stock is trading at a current P/E ratio of 61.9962802231866 and the average historical P/E for the last 5 years was 137.366524424621.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Finkurve Financial is trading at a P/B of 4.8354 . The average historical P/B of Finkurve Financial for the last 5 years was 8.17204136981041. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Finkurve Financial is Rs 70. One can use valuation calculators of ticker to know if Finkurve Financial share price is undervalued or overvalued.

Last Updated on:
Brief about Finkurve Financial
X