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Banas Finance share price

Banas Finance Ltd.

BSE: 509053 SECTOR: Finance - NBFC  23k   79   11

13.78
-0.41 (-2.89%)
BSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 14.4

Today's Low

₹ 13.5

52 Week High

₹ 25

52 Week Low

₹ 10

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

66.21 Cr.

Advances

0 Cr.

No. of Shares

4.8 Cr.

P/E

1.39

P/B

0.39

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  35.26

Operating Revenue

17.72 Cr.

Net Profit

-54.76 Cr.

Promoter Holding

17.59 %

EPS (TTM)

₹  9.91

Sales Growth

48.7

ROE

-34.92 %

ROCE

-60.91%

Profit Growth

-178.95 %

* 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 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

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* 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 Year48.7%
3 Year41.91%
5 Year33.37%

Profit Growth

1 Year-178.95%
3 Year-413.79%
5 Year-440.99%

ROE%

1 Year-34.92%
3 Year11.24%
5 Year4.98%

ROCE %

1 Year-60.91%
3 Year5.5%
5 Year1.68%

ROA%

-34.038355571758

PEG Ratio

NA

PAT Margin (%)

-308.965758487032

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 17.59 0
Sep 2023 17.59 0
Jun 2023 17.59 0
Mar 2023 17.59 0
Dec 2022 17.59 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 0.321217747736117 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 41.906961037315%.

 Limitations

  • Promoters shareholding is low at 17.59%.
  • PAT margin has shrunk by 890.913978225949%.
  • Provision and contingencies have increased by 5952.5826446281%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 2.42 7.3 11.11 17.46 11.58
Other Income 0.79 0 0.09 4.05 0.06
Interest Expended 0 0.02 0.02 0.02 0
Operating Expenses 9.62 22.23 4.94 4.06 17.42
Total Provisions 0 0 0 0 0
Depreciation 0 0 0 0 0
Profit Before Tax -6.42 -14.94 6.23 17.42 -5.78
Tax 0 -44.98 0.28 0 0
Net Profit -6.42 30.04 5.95 17.42 -5.78
Adjusted EPS (RS) -1.34 6.25 1.24 3.63 -1.2

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 13.45 6.2 5.33 11.92 17.72
Other Income 0.41 2.75 9.57 90.79 3.16
Interest 0.42 0.51 0.25 0.11 0.1
Operating Expenses 9.2 2.51 1.34 9.32 21.25
Total Provisions 11.49 3.79 3.76 1.65 99.23
Exceptional Items 0 0 0 0 0
Profit Before Tax -7.25 2.14 9.55 91.64 -99.69
Tax -1.77 0.37 -1.67 22.27 -44.93
Profit After Tax -5.47 1.77 11.22 69.37 -54.76
Adjusted EPS (Rs.) -4.11 1.33 3.73 23.09 -11.4

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 11.38 11.38 25.65 25.65 48.05
Total Reserves 68.11 69.83 66.77 136.14 103.77
Borrowings 0 0 0 0 0
Other N/C liabilities -0.68 -0.33 -2.08 19.68 -25.3
Current liabilities 10.11 10.76 11.29 6.92 6.86
Total Liabilities 88.91 91.63 101.63 188.38 133.38
Assets
Loans 0 0 0 0 0
Net Block 0.03 0.03 0.03 0.03 0.02
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Other Loans 1.76 2.05 1.95 1.8 2.19
Other N/C Assets 0 0 0 0 0
Current Assets 87.13 89.55 99.65 186.56 131.17
Total Assets 88.91 91.63 101.63 188.38 133.38
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 17.59 17.59 17.59 17.59 17.59
agrawal bullion limited 4.44 4.44 4.44 4.44 4.44
girraj kishor agrawal 2.19 2.19 2.19 2.19 2.19
handful investrade pvt lt... - 9.19 9.19 9.19 9.19
tanu agrawal 1.78 1.78 1.78 1.78 1.78
handful investrade privat... 9.19 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 82.41 82.41 82.41 82.41 82.41
hemangini vinitkumar pari... 2.10 2.10 2.10 2.10 2.10
jayaseelan s 1.73 2.12 2.12 2.12 2.16
jr seamless private limit... 11.69 14.25 18.25 20.04 23.35
llp 0.01 0.01 0.01 0.01 0.01
prismx global ventures li... 1.53 2.18 2.16 2.25 3.61
vikas kashiram kadam - - - - 1.03
kashiram pundalik kadam 1.03 1.03 1.03 1.03 -
mangesh madhukar dhotre 1.48 1.41 1.41 1.41 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Banas Finance - Quaterly Results30 Jan 2024, 6:23PM Banas Finance - Quaterly Results30 Jan 2024, 6:23PM Banas Finance - Quaterly Results30 Jan 2024, 6:23PM Banas Finance informs about outcome of board meeting18 Nov 2023, 3:57PM Banas Finance - Quaterly Results10 Aug 2023, 7:11PM Banas Finance informs about disclosure14 Jun 2023, 1:37PM Banas Finance informs about newspaper publication8 Feb 2023, 5:14PM Banas Finance informs about disclosure7 Feb 2023, 4:46PM Banas Finance informs about disclosure7 Feb 2023, 2:02PM Banas Finance - Quaterly Results6 Feb 2023, 9:07PM Banas Finance - Quaterly Results6 Feb 2023, 9:07PM Banas Finance informs about certificate10 Jan 2023, 2:30PM Banas Finance - Quaterly Results10 Nov 2022, 8:35PM Banas Finance informs about book closure for AGM 30 Aug 2022, 12:24PM Banas Finance informs about disclosure 4 Aug 2022, 4:51PM Banas Finance informs about updates3 Aug 2022, 4:30PM Banas Finance informs about disclosure19 Jul 2022, 10:12AM Banas Finance informs about compliance certificate12 Jan 2022, 4:18PM Banas Finance informs about newspaper publication20 Nov 2021, 3:29PM Banas Finance informs about newspaper publication13 Sep 2021, 2:41PM Banas Finance informs about disclosure of related party transactions13 Jul 2021, 5:03PM Banas Finance informs about acquisition11 Mar 2021, 11:49AM Banas Finance informs about newspapers publication15 Feb 2021, 10:19AM Banas Finance informs about outcome of board meeting4 Sep 2020, 10:29AM Banas Finance informs about newspapers publication1 Aug 2020, 4:32PM

Banas Finance Stock Price Analysis and Quick Research Report. Is Banas Finance 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 Banas Finance 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 Banas Finance is Rs -54.7614 Cr and the compounded growth of profit in the past 3 years is -413.787665708617 %. The PAT margin of Banas Finance is -308.965758487032 %.

  • 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 Banas Finance , the EPS declined by -149.353725442649 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Banas Finance has a poor ROE track record. The ROE of Banas Finance is at -34.9239167867757 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Banas Finance is worth at the current levels at Rs 13.78. The stock is trading at a current P/E ratio of 0 and the average historical P/E for the last 5 years was 0.805843082120388.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Banas Finance is trading at a P/B of 0.3854 . The average historical P/B of Banas Finance for the last 5 years was 0.277005983998949. 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 Banas Finance is Rs 13.78. One can use valuation calculators of ticker to know if Banas Finance share price is undervalued or overvalued.

Last Updated on:
Brief about Banas Finance
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