BSE: 512018 | NSE: | Finance - Investment | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that CNI Research Ltd is a below average quality company.
The key valuation ratios of CNI Research Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of CNI Research Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (₹ Cr.) | 2.9 | 22.7 | 48.5 | 1.8 | 4.1 | 4.4 | 2.5 | 1.2 | 6.4 | 9.3 | 8 | |
| YoY Gr. Rt. % | - | 684.1% | 114.2% | -96.3% | 130% | 6.8% | -43.9% | -52.4% | 439.8% | 45.2% | - | |
| Adj EPS (₹ ) | 0 | 0.1 | -0 | 0 | 0 | -0 | -0 | -0.3 | 0.2 | -0.1 | -0.1 | |
| YoY Gr. Rt. % | - | 200% | -144.4% | NA | 0% | -500% | NA | NA | NA | -146.7% | - | |
| BVPS (₹ ) | 1.9 | 2 | 2 | 1.6 | 1.4 | 1 | 0.5 | 0.7 | 1.1 | 0.8 | 0.9 | |
| YoY Gr. Rt. % | - | 7.5% | -2% | -20.8% | -9.6% | -27.7% | -52.9% | 41.7% | 58.8% | -24.1% | - | |
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | 1.3 | 5.8 | -1.9 | 0.6 | 0.6 | -3.6 | -2.8 | -53.4 | 16.7 | -7.8 | 0 | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 13.8% | 17.4% | 55.1% | 45.2% | ||||||||
| Adj EPS | -209.9% | -247.6% | NA | -146.7% | ||||||||
| BVPS | -8.8% | -10.3% | 19.5% | -24.1% | ||||||||
| Share Price | 8.6% | 15.7% | 48.1% | 160% | ||||||||
| RATIOS \ YEARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||||||
| Net Profit Margin (%) | 5.9 | 4.5 | -0.9 | 6.3 | 2.3 | -11.3 | -9.9 | -304.8 | 26.7 | -9.3 | -16.2 | |
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | 1.4 | 5.9 | -1.9 | 0.6 | 0.6 | -3.6 | -2.9 | -54 | 16.8 | -7.8 | -12 | |
Total Income has increased 55.08 CAGR in last 3 years
Return on Equity is Poor
Net Profit has declined 0.00 CAGR in last 3 years
Total income growth is poor in last 4 quarters
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.1 | - |
| TTM Sales (₹ Cr.) | 7.8 | - |
| BVPS (₹.) ⓘ | 0.9 | - |
| Reserves (₹ Cr.) ⓘ | -1 | - |
| P/BV ⓘ | 5.61 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 1.75 / 5.04 |
| All Time Low / High (₹) | 0.04 / 25.50 |
| Market Cap (₹ Cr.) | 56.3 |
| Equity (₹ Cr.) | 11.5 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 47.4 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 3.12 | 24.13 | 48.69 | 2.07 | 4.40 | 4.46 | 2.52 | 1.20 | 7.86 | 9.59 |
| Interest Income | 2.89 | 22.66 | 48.53 | 1.80 | 4.14 | 4.42 | 2.48 | 1.18 | 6.37 | 9.25 |
| Other Income ⓘ | 0.23 | 1.46 | 0.16 | 0.27 | 0.26 | 0.04 | 0.05 | 0.01 | 1.48 | 0.34 |
| Expenditure ⓘ | 3.11 | 22.86 | 49.12 | 1.94 | 4.29 | 4.96 | 2.77 | 4.80 | 6.14 | 10.44 |
| Interest Expense ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses ⓘ | 3.10 | 22.76 | 48.18 | 1.93 | 4.26 | 4.53 | 2.58 | 1.30 | 6.14 | 9.09 |
| Provisions | 0 | 0.10 | 0.94 | 0.01 | 0.03 | 0.44 | 0.19 | 3.51 | 0 | 1.35 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.01 | 1.27 | -0.43 | 0.14 | 0.11 | -0.50 | -0.25 | -3.61 | 1.72 | -0.86 |
| Taxes ⓘ | -0.16 | 0.25 | 0 | 0.02 | 0.02 | 0 | 0 | 0 | 0.02 | 0 |
| Profit After Tax | 0.17 | 1.01 | -0.43 | 0.11 | 0.09 | -0.50 | -0.25 | -3.61 | 1.70 | -0.86 |
| Adjusted EPS (₹) | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.3 | 0.2 | -0.1 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital | 12.09 | 22.02 | 22.67 | 17.96 | 16.20 | 11.72 | 5.55 | 7.81 | 12.45 | 9.46 |
| Share Capital ⓘ | 6.48 | 10.94 | 11.48 | 11.48 | 11.48 | 11.48 | 11.48 | 11.48 | 11.48 | 11.48 |
| Reserves ⓘ | 5.61 | 11.08 | 11.19 | 6.48 | 4.72 | 0.24 | -5.93 | -3.67 | 0.97 | -2.02 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Borrowings | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Liabilities | 0.15 | 0.58 | 0.28 | 0.04 | 0.03 | 0.01 | 0.10 | 0.07 | 0.05 | 0.02 |
| Trade Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.06 | 0 | 0 |
| Short term borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0.27 | 0 | 0 | 0 | 0 | -0.04 | -0.06 | 0 | 0 |
| Total Liabilities ⓘ | 12.24 | 22.87 | 22.95 | 18 | 16.23 | 11.73 | 5.64 | 7.87 | 12.49 | 9.48 |
Assets | ||||||||||
| Non Current Asset | 10.57 | 17.34 | 22.41 | 17.55 | 14.48 | 11.43 | 5.34 | 7.53 | 11.09 | 8.66 |
| Loan Asset | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non Current Asset ⓘ | 10.57 | 17.34 | 22.41 | 17.55 | 14.48 | 11.43 | 5.34 | 7.53 | 11.09 | 8.66 |
| Current Asset | 1.67 | 5.52 | 0.54 | 0.45 | 1.75 | 0.29 | 0.31 | 0.35 | 1.41 | 0.82 |
| Current Investment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Asset | 1.67 | 5.52 | 0.54 | 0.45 | 1.75 | 0.29 | 0.31 | 0.35 | 1.41 | 0.82 |
| Total Assets ⓘ | 12.24 | 22.87 | 22.95 | 18 | 16.23 | 11.73 | 5.64 | 7.87 | 12.49 | 9.48 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.36 | -0.93 | 0.83 | -0.15 | -1.68 | 1.42 | 0 | -0.14 | 0.23 | 0.10 |
| Cash Flow From Investing Activity ⓘ | 0.17 | -3.79 | -5.81 | 0.08 | 1.47 | -1.34 | 0.02 | 0.18 | 0.83 | -0.70 |
| Cash Flow From Financing Activity ⓘ | 0 | 9.13 | 0.81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -0.19 | 4.41 | -4.17 | -0.07 | -0.21 | 0.08 | 0.02 | 0.04 | 1.06 | -0.59 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DPS (₹) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BVPS (₹) | 2 | 2 | 2 | 2 | 1 | 1 | 0 | 1 | 1 | 1 |
Performance Ratios | ||||||||||
| ROA (%) | 1.3 | 5.8 | -1.9 | 0.6 | 0.6 | -3.6 | -2.8 | -53.4 | 16.7 | -7.8 |
| ROE (%) | 1.4 | 5.9 | -1.9 | 0.6 | 0.6 | -3.6 | -2.9 | -54.0 | 16.8 | -7.8 |
| ROCE (%) | 0.1 | 7.4 | -1.9 | 0.7 | 0.7 | -3.6 | -2.9 | -54.0 | 17.0 | -7.8 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 1.1 | 4.3 | 2.1 | 1.8 | 2.0 | 1.9 | 3.6 | 2.5 | 2.0 | 2.2 |
CNI Research Limited was established in 2000, formerly known as Chamatkar. Net (India) Ltd it changed to its present name in July, 2007. The company’s principal activity is to provide online capital market research services. It focuses on stock market insight, foreign institutional investors data, online institutional trades and change in trends and international news update. The company offers various products that include Streets Call that offers a trading direction and information about various scrips. Key News that provides selective and important news. Reliable Insight that offers information and also explanations and confirmations of market rumor. Multi Baggers that offers scripts according to risk taking capabilities of individuals. foreign institutional investors Sensor which offers coverage of foreign institutional investors deals and Breaking News.
CNI Research operates in the highly fragmented SME segment where information is hard to come by. Most of the research in India is done on large companies while there exists, practically no reliable information on smaller companies. CNI established in 2000 has successfully stepped into this void and established itself as a serious research house that sources hard to find data from these enterprises and does in-house research to come up with reports that are reliable and often predict the future happenings.
CNI Research is an integrated research house with exhaustive and in-depth research of the Indian corporate sector trusted by investors, brokers, FIIs and HNIs. The company with its portal has a strong brand “CNI†and provides wide range of services to its 50,000 members. It has set up a green field world class venture “KPO†which is data transactions exchange for the first time in India through its subsidiary Cni InfoXchange Pvt. Ltd. Corporates & Mutual Fund.
CNI is setting up a private data bank exchange, which is a unique concept and being brought for the first time in India. The said project will be launched through its subsidiary CNI InfoXchange Pvt. Ltd. This well-designed concept of unique KPO is for the intermediaries of capital market, which will create growth opportunities for corporates as well as all the intermediaries.
The separate cell will be created to handle the enquiries of the members. This will be fees based activities. At CNI InfoXchange, it considers this as a main brain of the project and the best of the professionals will handle this job. CNI InfoXchange will create historical data to provide access to all its members for cross transactions. Corporate is the top most link for all the members as all markets starts and ends with corporate. Take any member, they need to reach the corporate for the business whether it is FII or an ad agency or a wire media and for that matters even a small retail shareholder.
The company’s acquisition of financial portal www.chamatkar.net has seen a turnaround in the activities of the business of the company. Gradually, the company has created a niche segment for its products and the viewer base is growing exponentially. The company has been successful in keeping the overheads at check with efficient cost control management. In view of the growing demand, the Company has also launched a new service of providing trading calls through SMS (Short Messaging Service) on mobile phones, another forward step to boost its topline growth. The SMS team implemented gateways that allow it to push messages to CDMA & GSM cell phone users. This service has been very well received with the rise in number of mobile phone users.
Recent developments
CNI Research has entered into an agreement with Thomson Reuters to provide research content for mid cap and small cap segment available on Reuters. Under the agreement, CNI research will make available data regarding small& mid-caps, research reports relating to individual scrip from the sector and the markets to Thompson Reuters for its usage on the website and to its customer base.
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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