BSE: 544173 | NSE: | Diversified | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Finelistings Technologies Ltd is a below average quality company.
The key valuation ratios of Finelistings Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Finelistings Technologies 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'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|
| ROCE % ⓘ | -30.5% | -5.6% | 60.9% | - |
| Value Creation Index ⓘ | -3.2 | -1.4 | 3.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||
| Sales ⓘ | 1.5 | 6.9 | 13.9 | 14 |
| Sales YoY Gr. | - | 375.3% | 100.1% | - |
| Adj EPS ⓘ | -30.9 | -15.1 | 1.4 | 4.9 |
| YoY Gr. | - | NA | NA | - |
| BVPS (₹) ⓘ | 100.4 | 85.5 | 2.8 | 46.9 |
| Adj Net Profit ⓘ | -0.2 | -0.1 | 1.8 | 2 |
| Cash Flow from Ops. ⓘ | -0.5 | -0.6 | -0.5 | - |
| Debt/CF from Ops. ⓘ | 0 | -1.8 | -2.5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 100.1% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | NA | NA | NA | -96.7% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|
| Return on Equity % ⓘ | -30.7 | -16.2 | 89.9 | 19.8 |
| Op. Profit Mgn % ⓘ | -15.6 | 0.2 | 18.2 | NAN |
| Net Profit Mgn % ⓘ | -11.8 | -1.2 | 12.9 | 12.9 |
| Debt to Equity ⓘ | 0 | 2.1 | 0.4 | - |
| Working Cap Days ⓘ | 0 | 28 | 124 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 27 | 54 | 0 |
Return on Equity has increased versus last 3 years average to 19.80%
Debt to equity has declined versus last 3 years average to 0.36
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.9 | - |
| TTM Sales (₹ Cr.) | 13.9 | - |
| BVPS (₹.) ⓘ | 46.9 | - |
| Reserves (₹ Cr.) ⓘ | 13 | - |
| P/BV ⓘ | 1.53 | - |
| PE ⓘ | 14.58 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 71.75 / 162.05 |
| All Time Low / High (₹) | 79.70 / 162.05 |
| Market Cap (₹ Cr.) | 26.1 |
| Equity (₹ Cr.) | 3.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 83.8 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|
| Sales | 1.46 | 6.94 | 13.89 |
| Operating Expenses ⓘ | 1.69 | 6.93 | 11.37 |
| Manufacturing Costs | 0.01 | 0.01 | 3.02 |
| Material Costs | 1.24 | 6.43 | 6.93 |
| Employee Cost | 0.23 | 0.27 | 0.66 |
| Other Costs ⓘ | 0.21 | 0.22 | 0.76 |
| Operating Profit ⓘ | -0.23 | 0.02 | 2.52 |
| Operating Profit Margin (%) | -15.6% | 0.2% | 18.1% |
| Other Income ⓘ | 0 | 0 | 0.02 |
| Interest ⓘ | 0 | 0.04 | 0.15 |
| Depreciation ⓘ | 0.01 | 0.01 | 0.03 |
| Exceptional Items ⓘ | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.23 | -0.03 | 2.35 |
| Tax ⓘ | -0.06 | 0.05 | 0.56 |
| Profit After Tax | -0.17 | -0.08 | 1.79 |
| PAT Margin (%) | -11.8% | -1.2% | 12.9% |
| Adjusted EPS (₹) | -30.8 | -14.9 | 1.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.56 | 0.48 | 3.52 | |||||||
| Share Capital ⓘ | 0.01 | 0.01 | 2.54 | |||||||
| Reserves ⓘ | 0.55 | 0.47 | 0.98 | |||||||
| Minority Interest | 0 | 0 | 0 | |||||||
| Debt | 0 | 1 | 1.25 | |||||||
| Long Term Debt | 0 | 0 | 0 | |||||||
| Short Term Debt | 0 | 1 | 1.25 | |||||||
| Trade Payables | 0.01 | 0 | 4.09 | |||||||
| Others Liabilities ⓘ | -0.04 | 0.05 | 1.29 | |||||||
| Total Liabilities ⓘ | 0.53 | 1.53 | 10.15 | |||||||
Fixed Assets | ||||||||||
| Gross Block | 0.09 | 0.10 | 0.35 | |||||||
| Accumulated Depreciation | 0.01 | 0.02 | 0.05 | |||||||
| Net Fixed Assetsⓘ | 0.09 | 0.08 | 0.29 | |||||||
| CWIP ⓘ | 0 | 0.09 | 0 | |||||||
| Investmentsⓘ | 0 | 0.02 | 0 | |||||||
| Inventories | 0.23 | 0.34 | 1.05 | |||||||
| Trade Receivables | 0 | 0.47 | 7.21 | |||||||
| Cash Equivalents | 0.20 | 0.52 | 1.21 | |||||||
| Others Assetsⓘ | 0.02 | 0.01 | 0.38 | |||||||
| Total Assets ⓘ | 0.53 | 1.53 | 10.15 | |||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.47 | -0.55 | -0.50 |
| PBT ⓘ | -0.23 | -0.03 | 2.35 |
| Adjustment ⓘ | 0.01 | 0.05 | 0.19 |
| Changes in Working Capital ⓘ | -0.24 | -0.56 | -2.48 |
| Tax Paid ⓘ | 0 | 0 | -0.56 |
| Cash Flow From Investing Activity ⓘ | -0.09 | -0.10 | -0.16 |
| Capex | -0.09 | -0.10 | -0.16 |
| Net Investments | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0.75 | 0.96 | 1.35 |
| Net Proceeds from Shares ⓘ | 0.75 | 0 | 1.25 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | -0.04 | -0.15 |
| Dividend Paid ⓘ | 0 | 0 | 0 |
| Others ⓘ | 0 | 1 | 0.25 |
| Net Cash Flow ⓘ | 0.18 | 0.32 | 0.69 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -30.68 | -15.99 | 89.51 | |||||||
| ROCE (%) | -41.53 | 0.52 | 79.96 | |||||||
| Asset Turnover Ratio | 2.74 | 6.72 | 2.38 | |||||||
| PAT to CFO Conversion(x) | N/A | N/A | -0.28 | Working Capital Days | ||||||
| Receivable Days | 0 | 25 | 101 | |||||||
| Inventory Days | 57 | 15 | 18 | |||||||
| Payable Days | 3 | 0 | 108 | |||||||
Finelistings Technologies Limited was incorporated under the name ‘Finelistings Technologies Private Limited’, a private limited company under Companies Act, 2013 vide certificate of incorporation dated March 23, 2018 issued by the Deputy Registrar of Companies, Central Registration Centre. Thereafter, the company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its Shareholders held on July 06, 2023, and consequently, the name of Company was changed to ‘Finelistings Technologies Limited’, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated August 22, 2023, was issued by the RoC to the Company
The company is engaged in diversified business viz., (a) retail of pre-owned luxury car; and (b) software development services, that address digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers. Its offerings are spread across the spectrum of various digital technologies such as cloud-based services, IT consulting services such as, big data analytics, cloud architecture, data engineering, IoT solutions and offering based solutions such as, business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development. Under its pre-owned luxury car retail business, it is focused on the used premium and high-end luxury cars. It currently have a limited presence over the pre-owned value chain, such as after sales services and repairs (including sales of spare parts, lubricants and accessories), which it undertakes through its affiliated service centers. It also helps its clients in securing financial assistance from third-party financers.
As its strategy, It engage in the buy-n-sell model where it procures the pre-owned cars from its owners, under take necessary services, refurb the cars mechanically and aesthetically to make it ready for display in its showroom and also on its website and other multi-channel auto platforms. The automotive ecosystem is highly fragmented and complex. The process of buying vehicles requires buyers to go through several channels and numerous stages. Its vision is to create an O2O (online-to-offline) ecosystem for automobiles which connects customers, OEMs, dealers, banks, insurance companies and other stakeholders.
Its pre-owned luxury car business offers a wide range of cars, including sedans, SUVs, sports cars, and convertibles. All the vehicles it purchases are thoroughly inspected and certified, ensuring that they meet its high standards for quality and reliability. In addition to selling vehicles, it also offers financing, warranties, and maintenance services to ensure that its customers make the most of their investment. It also leverage on the experience and expertise of its promoters, in providing software development services which includes, digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers. Its offerings are spread across the spectrum of various digital technologies such as cloud-based services, IT consulting services such as, big data analytics, cloud architecture, data engineering, IoT solutions and offering based solutions such as, business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development.
Business area of the company
The company is engaged in diversified business viz., (a) retail of pre-owned luxury car; and (b) software development services, that address digital transformation, data analytics, technology consulting, infrastructure and security needs of its customers. Its offerings are spread across the spectrum of various digital technologies such as cloud-based services, IT consulting services such as, big data analytics, cloud architecture, data engineering, IoT solutions and offering based solutions such as, business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development and web development. The Company opened its first showroom under the brand ‘Fine cars’.
History and milestones
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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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