Thirdwave Financial
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Thirdwave Financial share price

Thirdwave Financial Intermediaries Ltd.

BSE: 531652 SECTOR: Finance - Investment  5507   9   1

174.95
+5.90 (3.49%)
BSE: 20 Dec 04:01 PM

Price Summary

Today's High

₹ 185

Today's Low

₹ 169

52 Week High

₹ 185

52 Week Low

₹ 38.61

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 626.54 Cr.

Advances

₹ 0 Cr.

No. of Shares

3.58 Cr.

P/E

0

P/B

10.95

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  15.98

Operating Revenue

₹ 1.23 Cr.

Net Profit

₹ 0.04 Cr.

Promoter Holding

42.51 %

EPS (TTM)

₹  -0.65

Sales Growth

-10.37

ROE

5.38 %

ROCE

3.31%

Profit Growth

146.71 %

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.

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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.

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

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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 Year-10.37%
3 Year8.33%
5 Year11.67%

Profit Growth

1 Year146.71%
3 Year36.06%
5 Year20.38%

ROE%

1 Year5.38%
3 Year0.41%
5 Year19.3%

ROCE %

1 Year3.31%
3 Year0.58%
5 Year8.42%

ROA%

2.9262

PEG Ratio

NA

PAT Margin (%)

3.2926

EPS Growth(%)

146.7052

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 42.51 0.00
Jun 2024 42.51 0.00
Mar 2024 66.85 0.00
Dec 2023 66.85 0.00
Sep 2023 66.85 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

 Looks like the company does not have any notable strengths.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of 0.406870246538334%.
  • The company a poor ROCE track record of 0.583920655984567% since last 3 years.
  • The company is trading at 10.9451833685765 times the book value.
  • Promoter holding has decreased from 66.85% to 42.51%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 0 0 1.23 0.12 0.6
Other Income 0.19 0 0 0 0.06
Interest Expended 0 0 0 0 0
Operating Expenses -0.23 -0.07 1.35 0.74 1.3
Total Provisions 0 0 0 -0.84 0
Depreciation 0 0 0 0.08 0.09
Profit Before Tax 0.42 0.07 -0.12 0.14 -0.73
Tax 0 0 0 0 0
Net Profit 0.42 0.07 -0.12 -1.54 -0.73
Adjusted EPS (RS) 1.88 0.32 -0.53 -0.43 -0.2

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 4.88 0.97 1.79 1.37 1.23
Other Income 0.12 0.17 0.14 0.14 0.21
Interest 0.02 0 0 0 0.01
Operating Expenses 4.28 1.21 1.86 1.6 1.35
Total Provisions 0.01 0 0 0 0.04
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.69 -0.08 0.07 -0.09 0.04
Tax 0.12 0 0.01 0 0
Profit After Tax 0.58 -0.08 0.06 -0.09 0.04
Adjusted EPS (Rs.) 2.62 -0.35 0.25 -0.39 0.18

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 2.83 2.83 2.83 2.83 2.83
Total Reserves -1.37 -1.45 -1.39 -1.48 -1.44
Borrowings 0 0 0 0 0
Other N/C liabilities 0 0 0 0 0
Current liabilities 0.12 0.01 0.01 0 0
Total Liabilities 1.59 1.39 1.46 1.36 1.4
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 0 0.75 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 1.59 1.39 0.7 1.36 1.4
Total Assets 1.59 1.39 1.46 1.36 1.4
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 66.85 66.85 66.85 42.51 42.51
utkarsh chandrakant varta... - - - - 38.39
uvs hospitality private - - - 4.12 4.12
utkarsh vartak - - - 38.39 -
uvs hospitality private l... - 66.85 66.85 - -
uvs hospitality private l... 66.85 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 33.15 33.15 33.15 57.49 57.49
kiran prakash hurkadli - - - 13.96 13.96
sachin dilip nanche - - - 17.45 17.45
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 - -
madhavi kalpesh sanghvi 1.16 1.16 1.16 - -
meghna shah 1.13 1.13 1.13 - -
sanjana mallinath madinen... 1.81 1.81 1.81 - -
santan investment advisor... 1.17 1.17 1.17 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Thirdwave Financial Intermediaries informs about acquisition 14 Nov, 3:54 PM Thirdwave Financial Intermediaries informs about outcome of board meeting 14 Nov, 3:45 PM Thirdwave Financial Intermediaries gets nod to acquire 100% stake in British Brewing Company 14 Nov, 2:42 PM Thirdwave Financial Intermediaries informs about press release 11 Nov, 2:24 PM Thirdwave Financial - Quaterly Results 7 Nov, 4:21 PM Thirdwave Financial - Quaterly Results 7 Nov, 4:21 PM Thirdwave Financial - Quaterly Results 7 Nov, 4:21 PM Thirdwave Financial Intermediaries informs about proceedings of AGM 28 Sep, 3:38 PM Thirdwave Financial - Quaterly Results 13 Aug, 7:11 PM Thirdwave Financial’s arm signs Franchise Agreement to open new store in South Australia 15 Jul, 9:48 AM Thirdwave Financial - Quaterly Results 30 May, 5:09 PM Thirdwave Financial Intermediaries informs about disclosure 18 May, 3:21 PM Thirdwave Financial - Quaterly Results 12 Feb, 3:50 PM Thirdwave Financial - Quaterly Results 12 Feb, 3:50 PM Thirdwave Financial - Quaterly Results 12 Feb, 3:50 PM Thirdwave Financial Intermediaries informs about board meeting 1 Feb, 3:34 PM Thirdwave Financial Intermediaries informs about outcome of board meeting 21 Oct, 11:23 AM Thirdwave Financial Intermediaries informs about resignation of statutory auditors 23 Sep, 12:25 PM Thirdwave Financial Intermediaries informs about resignation of secretarial auditor 23 Sep, 12:12 PM Thirdwave Financial Intermediaries informs about scrutinizer's report 23 Sep, 11:45 AM Thirdwave Financial Intermediaries informs about change in corporate office address 8 Aug, 4:34 PM Thirdwave Financial Intermediaries informs about disclosure 19 Jul, 4:23 PM Thirdwave Financial - Quaterly Results 13 Jul, 4:10 PM Thirdwave Financial - Quaterly Results 13 Jul, 4:10 PM Thirdwave Financial - Quaterly Results 13 Jul, 4:10 PM Thirdwave Financial Intermediaries informs about disclosure 29 Apr, 11:12 AM Thirdwave Financial - Quaterly Results 13 Apr, 1:28 PM Thirdwave Financial - Quaterly Results 13 Apr, 1:28 PM Thirdwave Financial - Quaterly Results 13 Apr, 1:28 PM Thirdwave Financial - Quaterly Results 2 Feb, 12:12 PM Thirdwave Financial - Quaterly Results 2 Feb, 12:12 PM Thirdwave Financial - Quaterly Results 2 Feb, 12:12 PM Thirdwave Financial - Quaterly Results 3 Nov, 2:29 PM Thirdwave Financial - Quaterly Results 3 Nov, 2:29 PM Thirdwave Financial - Quaterly Results 3 Nov, 2:29 PM Thirdwave Financial Intermediaries informs about proceedings of AGM 30 Sep, 12:29 PM Thirdwave Financial Intermediaries informs about board meeting 4 Aug, 4:04 PM Thirdwave Financial Intermediaries informs about outcome of board meeting 13 May, 5:18 PM Thirdwave Financial Intermediaries informs about disclosure 13 May, 2:44 PM Thirdwave Financial Intermediaries informs about outcome of board meeting 12 May, 4:18 PM Thirdwave Financial - Quaterly Results 12 May, 2:55 PM Thirdwave Financial - Quaterly Results 12 May, 2:55 PM Thirdwave Financial - Quaterly Results 12 May, 2:55 PM Thirdwave Financial Intermediaries informs about board meeting 5 May, 4:40 PM Thirdwave Financial - Quaterly Results 10 Feb, 2:39 PM Thirdwave Financial - Quaterly Results 10 Feb, 2:39 PM Thirdwave Financial - Quaterly Results 10 Feb, 2:39 PM Thirdwave Financial Intermediaries informs about disclosure on RPT 3 Nov, 2:32 PM Thirdwave Financial Intermediaries informs about newspaper publication 26 Oct, 2:10 PM Thirdwave Financial Intermediaries informs about newspaper announcement 3 Sep, 9:53 AM

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.

Thirdwave Financial stock price today is Rs 174.95. 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 0.0404 Cr and the compounded growth of profit in the past 3 years is 36.0564634103622 %. The PAT margin of Thirdwave Financial is 3.2926 %.

  • 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 grew by 146.7075 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Thirdwave Financial has a poor ROE track record. The ROE of Thirdwave Financial is at 5.3816 % 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 174.95. Thirdwave Financial is trading at a current P/E ratio of 417.2583 and the average historical P/E for the last 5 years was 103.316292263645.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Thirdwave Financial is trading at a P/B of 10.9452 . The average historical P/B for the last 5 years was 9.54062698370714. 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 174.95. 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
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