Rita Finance and Leasing Ltd - Stock Valuation and Financial Performance

BSE: 543256 | NSE: | Finance - NBFC | Small Cap

Rita Fin. & Leasing Share Price

21.25 0.27 1.29%
as on 30-Apr'24 16:01

DeciZen - make an informed investing decision on Rita Fin. & Leasing

M-Cap below 100cr DeciZen not available

Rita Finance and Leasing stock performance -

mw4me loader
P/E Ratio (SA):
31.74
Market Cap:
21 Cr.
52-wk low:
18
52-wk high:
31

Is Rita Finance and Leasing Ltd an attractive stock to invest in?

1. Is Rita Finance and Leasing Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rita Finance and Leasing Ltd is a below average quality company.

2. Is Rita Finance and Leasing Ltd undervalued or overvalued?

The key valuation ratios of Rita Finance and Leasing Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Rita Finance and Leasing Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rita Finance and Leasing Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rita Fin. & Leasing:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rita Finance and Leasing Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)0.20.30.40.40.41.71.21
YoY Gr. Rt. %-31.6%68%-9.5%10.5%300%-31%-
Adj EPS (₹ ) 00.10.4-0.20.81.20.80.7
YoY Gr. Rt. %-NA412.5%-141.5%NA56%-35.9%-
BVPS (₹ )17.115.916.514.31414.815.615.9
YoY Gr. Rt. %--7.1%3.9%-13.3%-2.3%5.6%5.8%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)00.62.1-17.16.440

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest IncomeNA35.9%45.1%-31%
Adj EPSNA56.5%NA-35.9%
BVPSNA-0.4%2.9%5.8%
Share Price - - - -28.6%

Key Financial Ratios

RATIOS \ YEARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000-
Margins
Net Profit Margin (%)0.3927.3-15.2179.169.664.762.3
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)00.72.5-1.27.98.14.94.1

Recent Performance Summary

Total Income has increased 45.06 CAGR in last 3 years

Return on Equity has declined versus last 3 years average to 4.20%

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - Rita Finance and Leasing Ltd.

Standalone Consolidated
TTM EPS (₹) 0.7 -
TTM Sales (₹ Cr.) 1.1 -
BVPS (₹.) 15.9 -
Reserves (₹ Cr.) 6 -
P/BV 1.32 -
PE 31.74 -
From the Market
52 Week Low / High (₹) 18.00 / 30.95
All Time Low / High (₹) 10.00 / 32.20
Market Cap (₹ Cr.) 21
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 29.3

Management X-Ray of Rita Fin. & Leasing:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rita Fin. & Leasing

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income0.190.260.420.481.512.671.16
Interest Income0.190.250.420.380.421.681.16
Other Income 0000.101.1010
Expenditure 0.190.220.260.480.681.120.16
Interest Expense 0.050.040.04000.440
Operating Expenses 0.140.180.220.460.650.600.16
Provisions 0000.020.030.080
Exceptional Items 0000000
Profit Before Tax 00.030.1500.841.561
Taxes 00.010.040.060.090.390.25
Profit After Tax 00.020.11-0.060.751.170.75
Adjusted EPS (₹)0.00.10.4-0.20.81.20.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital1.884.454.625.0113.9814.7615.61
Share Capital 1.102.802.803.50101010
Reserves 0.781.651.821.513.984.765.61
Minority Interest0000000
Long Term Borrowings0.700.730.801.010.876.470
Current Liabilities 0.020.080.200.150.130.360.07
Trade Payables0000000
Short term borrowings0000000
Other Liabilities0000000
Total Liabilities 2.605.265.626.1714.9921.5915.68

Assets

Non Current Asset 2.284.955.225.7114.2921.4115.57
Loan Asset 0000000
Other Non Current Asset 2.284.955.225.7114.2921.4115.57
Current Asset 0.320.310.400.460.700.170.11
Current Investment0000000
Other Current Asset0.320.310.400.460.700.170.11
Total Assets 2.605.265.626.1714.9921.5915.68

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0-2.56-0.28-0.07-8.761.900
Cash Flow From Investing Activity 000.230.061.16-7.110
Cash Flow From Financing Activity -0.282.590.020.067.625.250
Net Cash Flow -0.280.03-0.030.050.020.040
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)0000111
DPS (₹)0000000
BVPS (₹)17161714141516

Performance Ratios

ROA (%)0.00.62.1-1.07.16.44.0
ROE (%)0.00.72.5-1.27.98.14.9
ROCE (%)2.01.83.70.08.213.66.6

Valuation Parameters

Price/Book(x)0.00.00.00.00.00.01.8

Rita Finance and Leasing Ltd Stock News

Rita Finance and Leasing Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rita Fin. & Leasing on 30-Apr-2024 16:01 is ₹21.25.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Apr-2024 16:01 the market cap of Rita Fin. & Leasing stood at ₹20.98.
The latest P/E ratio of Rita Fin. & Leasing as of 30-Apr-2024 16:01 is 31.74.
The latest P/B ratio of Rita Fin. & Leasing as of 30-Apr-2024 16:01 is 1.32.
The 52-week high of Rita Fin. & Leasing is ₹30.95 and the 52-week low is ₹18.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rita Fin. & Leasing is ₹1.06 ( Cr.) .

About Rita Finance and Leasing Ltd

Rita Holdings Limited (RHL) (Formerly known as Rita Holdings Limited) was originally incorporated on May 19, 1981 as a Limited Company with the name Rita Holdings Limited under the provisions of the Companies Act, 1956. The company commenced its business on September 03, 1981. The name of the company has been changed from Rita Holdings Limited (RHL) to Rita Finance and Leasing Limited (RFLL) as the name is reflecting the business activity of the company.

It operates as a Non Deposit Non-Banking Finance Company engaged primarily in the business of advancing loans and investing/trading in securities. The financial parameters of the company are the indicators of its performance and the company has been able to outshine and stand among the other players in the Finance Industry.

Mr. Pawan Kumar Mittal, Director of the company who have the vast experience in running the business of the company effectively and efficiently. The Board of Directors consisting of experienced and qualified professionals, overview all the strategic decisions and overall growth of the company. The Philosophy of its Management involves building relationship with its employees, clients as well as business associates.

Business area of the company 

The company engaged in the business of advancing loans and investing/trading in securities.


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