Thirdwave Financial
Ticker >

Thirdwave Financial share price

Thirdwave Financial Intermediaries Ltd.

BSE: 531652 SECTOR: Finance - Investment  4138   9   1

105.25
+1.55 (1.49%)
BSE: 25 Apr 04:01 PM

Price Summary

Today's High

₹ 105.25

Today's Low

₹ 101.63

52 Week High

₹ 115.08

52 Week Low

₹ 30.28

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.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 23.23 Cr.

Advances

₹ 0 Cr.

No. of Shares

0.22 Cr.

P/E

122.28

P/B

26.15

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  4.02

Operating Revenue

₹ 1.37 Cr.

Net Profit

₹ -0.09 Cr.

Promoter Holding

66.85 %

EPS (TTM)

₹  0.86

Sales Growth

-23.37

ROE

-11.18 %

ROCE

-6.17%

Profit Growth

-256.14 %

Add Your 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.

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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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 Year-23.37%
3 Year-34.52%
5 Year-8.14%

Profit Growth

1 Year-256.14%
3 Year-153.09%
5 Year-187.57%

ROE%

1 Year-11.18%
3 Year-4.63%
5 Year14.18%

ROCE %

1 Year-6.17%
3 Year-2.34%
5 Year7.73%

ROA%

-6.14281149025317

PEG Ratio

NA

PAT Margin (%)

-6.31894221637812

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 66.85 0
Dec 2023 66.85 0
Sep 2023 66.85 0
Jun 2023 45.65 0
Mar 2023 45.65 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Promoters shareholding is 66.85%.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of -4.62927527469505%.
  • The company a poor ROCE track record of -2.33770440559082% since last 3 years.
  • The company is trading at 26.1510174671404 times the book value.
  • PAT margin has shrunk by 9.42032496283728%.
  • The company has delivered poor profit growth of -34.5174105881603% over past 3 years
  • The company has delivered poor Operating Income growth of -34.5174105881603% over past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 0.02 0.54 0 0 0
Other Income 0.02 0.03 0.02 0.19 0
Interest Expended 0 0 0.01 0 0
Operating Expenses 0.08 0.54 0.34 -0.23 -0.07
Total Provisions 0 0 0 0 0
Depreciation 0 0 0 0 0
Profit Before Tax -0.03 0.03 -0.33 0.42 0.07
Tax 0 0 0 0 0
Net Profit -0.03 0.03 -0.33 0.42 0.07
Adjusted EPS (RS) -0.15 0.14 -1.49 1.88 0.32

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 0.71 4.88 0.97 1.79 1.37
Other Income 0.12 0.12 0.17 0.14 0.14
Interest 0.07 0.02 0 0 0
Operating Expenses 0.83 4.28 1.21 1.86 1.6
Total Provisions 0 0.01 0 0 0
Exceptional Items 0.01 0 0 0 0
Profit Before Tax -0.08 0.69 -0.08 0.07 -0.09
Tax 0 0.12 0 0.01 0
Profit After Tax -0.08 0.58 -0.08 0.06 -0.09
Adjusted EPS (Rs.) -0.35 2.62 -0.35 0.25 -0.39

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 2.83 2.83 2.83 2.83 2.83
Total Reserves -1.95 -1.37 -1.45 -1.39 -1.48
Borrowings 0.75 0 0 0 0
Other N/C liabilities 0 0 0 0 0
Current liabilities 0 0.12 0.01 0.01 0
Total Liabilities 1.64 1.59 1.39 1.46 1.36
Assets
Loans 0 0 0 0 0
Net Block 0 0 0 0 0
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Other Loans 0.08 0 0 0.75 0
Other N/C Assets 0 0 0 0 0
Current Assets 1.56 1.59 1.39 0.7 1.36
Total Assets 1.64 1.59 1.39 1.46 1.36
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 45.65 45.65 66.85 66.85 66.85
uvs hospitality private l... - - - 66.85 66.85
uvs hospitality private l... - - 66.85 - -
prudent man & ind con p l... 7.11 7.11 - - -
siddhant agarwal 6.75 6.75 - - -
vka enterprises p ltd 31.79 31.79 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 54.35 54.35 33.15 33.15 33.15
hariom agro foods - - 3.40 3.40 3.40
j m trustee company ltd - - 6.17 6.17 6.17
jayeshkumar champaklal sa... - 1.13 1.13 1.13 1.13
madhavi kalpesh sanghvi - 1.13 1.16 1.16 1.16
meghna shah 1.13 1.13 1.13 1.13 1.13
sanjana mallinath madinen... - 1.81 1.81 1.81 1.81
santan investment advisor... - 1.17 1.17 1.17 1.17
hariom agro foods p ltd 9.06 9.06 - - -
j m mutual fund 6.17 6.17 - - -
manav agarwal 1.36 1.36 - - -
sanjay kumar agarwal 4.53 4.53 - - -
sapna agarwal 4.49 4.49 - - -
utsav industries p ltd 4.37 4.37 - - -
nirmal kumar agarwal 1.81 - - - -
shiv bhagwan agarwal 1.19 - - - -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

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

Company News

Thirdwave Financial - Quaterly Results12 Feb 2024, 3:50PM Thirdwave Financial - Quaterly Results12 Feb 2024, 3:50PM Thirdwave Financial - Quaterly Results12 Feb 2024, 3:50PM Thirdwave Financial Intermediaries informs about board meeting 1 Feb 2024, 3:34PM Thirdwave Financial Intermediaries informs about outcome of board meeting21 Oct 2023, 11:23AM Thirdwave Financial Intermediaries informs about resignation of statutory auditors 23 Sep 2023, 12:25PM Thirdwave Financial Intermediaries informs about resignation of secretarial auditor 23 Sep 2023, 12:12PM Thirdwave Financial Intermediaries informs about scrutinizer's report23 Sep 2023, 11:45AM Thirdwave Financial Intermediaries informs about change in corporate office address8 Aug 2023, 4:34PM Thirdwave Financial Intermediaries informs about disclosure19 Jul 2023, 4:23PM Thirdwave Financial - Quaterly Results13 Jul 2023, 4:10PM Thirdwave Financial - Quaterly Results13 Jul 2023, 4:10PM Thirdwave Financial - Quaterly Results13 Jul 2023, 4:10PM Thirdwave Financial Intermediaries informs about disclosure29 Apr 2023, 11:12AM Thirdwave Financial - Quaterly Results13 Apr 2023, 1:28PM Thirdwave Financial - Quaterly Results13 Apr 2023, 1:28PM Thirdwave Financial - Quaterly Results13 Apr 2023, 1:28PM Thirdwave Financial - Quaterly Results2 Feb 2023, 12:12PM Thirdwave Financial - Quaterly Results2 Feb 2023, 12:12PM Thirdwave Financial - Quaterly Results2 Feb 2023, 12:12PM Thirdwave Financial - Quaterly Results3 Nov 2022, 2:29PM Thirdwave Financial - Quaterly Results3 Nov 2022, 2:29PM Thirdwave Financial - Quaterly Results3 Nov 2022, 2:29PM Thirdwave Financial Intermediaries informs about proceedings of AGM 30 Sep 2022, 12:29PM Thirdwave Financial Intermediaries informs about board meeting4 Aug 2022, 4:04PM Thirdwave Financial Intermediaries informs about outcome of board meeting13 May 2022, 5:18PM Thirdwave Financial Intermediaries informs about disclosure13 May 2022, 2:44PM Thirdwave Financial Intermediaries informs about outcome of board meeting12 May 2022, 4:18PM Thirdwave Financial - Quaterly Results12 May 2022, 2:55PM Thirdwave Financial - Quaterly Results12 May 2022, 2:55PM Thirdwave Financial - Quaterly Results12 May 2022, 2:55PM Thirdwave Financial Intermediaries informs about board meeting5 May 2022, 4:40PM Thirdwave Financial - Quaterly Results10 Feb 2022, 2:39PM Thirdwave Financial - Quaterly Results10 Feb 2022, 2:39PM Thirdwave Financial - Quaterly Results10 Feb 2022, 2:39PM Thirdwave Financial Intermediaries informs about disclosure on RPT3 Nov 2021, 2:32PM Thirdwave Financial Intermediaries informs about newspaper publication26 Oct 2021, 2:10PM Thirdwave Financial Intermediaries informs about newspaper announcement 3 Sep 2021, 9:53AM Thirdwave Financial Intermediaries informs about closure of trading window25 Jun 2021, 12:57PM Thirdwave Financial Intermediaries informs about outcome of board meeting25 Jun 2021, 12:44PM Thirdwave Financial Intermediaries informs about board meeting15 Jun 2021, 2:26PM Thirdwave Financial Intermediaries informs about demise of CFO19 May 2021, 4:41PM Thirdwave Financial Intermediaries informs about compliance certificate22 Apr 2021, 10:51AM Thirdwave Financial Intermediaries informs about newspaper publication12 Feb 2021, 1:15PM Thirdwave Financial Intermediaries informs about newspaper publication3 Nov 2020, 3:15PM Thirdwave Financial Intermediaries informs about non-applicability as large corporate 18 Sep 2020, 3:44PM Thirdwave Financial Intermediaries resignation of director7 Aug 2020, 10:39AM Thirdwave Financial Intermediaries informs about outcome of board meeting7 Aug 2020, 10:35AM Thirdwave Financial Intermediaries informs about disclosure14 Jul 2020, 10:40AM

Thirdwave Financial Stock Price Analysis and Quick Research Report. Is Thirdwave 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 Thirdwave 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 Thirdwave Financial is Rs -0.0865 Cr and the compounded growth of profit in the past 3 years is -153.086249047764 %. The PAT margin of Thirdwave Financial is -6.31894221637812 %.

  • 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 Thirdwave Financial , the EPS declined by -256.09561752988 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Thirdwave Financial has a poor ROE track record. The ROE of Thirdwave Financial is at -11.1771546711461 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Thirdwave Financial is worth at the current levels at Rs 105.25. Thirdwave Financial is trading at a current P/E ratio of 0 and the average historical P/E for the last 5 years was 19.8627322636452.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Thirdwave Financial is trading at a P/B of 26.151 . The average historical P/B for the last 5 years was 10.3899379222457. 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 Thirdwave Financial is Rs 105.25. One can use valuation calculators of ticker to know if Thirdwave Financial share price is undervalued or overvalued.

Last Updated on:
Brief about Thirdwave Financial
X