SMIFS Capital Markets Ltd - Stock Valuation and Financial Performance

BSE: 508905 | NSE: | Finance - Investment | Small Cap

SMIFS Capital Share Price

49.70 2.36 4.99%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on SMIFS Capital

M-Cap below 100cr DeciZen not available

SMIFS Capital Markets stock performance -

mw4me loader
P/E Ratio (SA):
60.49
Market Cap:
27.8 Cr.
52-wk low:
34.9
52-wk high:
87

Is SMIFS Capital Markets Ltd an attractive stock to invest in?

1. Is SMIFS Capital Markets Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that SMIFS Capital Markets Ltd is a below average quality company.

2. Is SMIFS Capital Markets Ltd undervalued or overvalued?

The key valuation ratios of SMIFS Capital Markets Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is SMIFS Capital Markets Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of SMIFS Capital Markets 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 SMIFS Capital:

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.
SMIFS Capital Markets Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)36.934.139.941.250.644.244.868.567.152.853
YoY Gr. Rt. %--7.6%16.9%3.2%22.9%-12.7%1.4%52.8%-2.1%-21.2%-
Adj EPS (₹ ) 0.41.71.51.54.710.20.43.60.80.8
YoY Gr. Rt. %-362.2%-11.1%0.7%209.2%-78.4%-76.5%62.5%812.8%-77%-
BVPS (₹ )176.5176.8177.4188.2198.2195.4184187.8208.4211.3225.1
YoY Gr. Rt. %-0.2%0.4%6.1%5.3%-1.4%-5.8%2.1%11%1.4%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)0.20.90.80.82.50.50.10.21.70.40

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income4.1%0.9%5.6%-21.2%
Adj EPS9.2%-29.6%50.6%-77%
BVPS2%1.3%4.7%1.4%
Share Price 7.8% 5% 4.1% 36.5%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Margins
Net Profit Margin (%)0.62.82.12.15.21.30.30.330.90.9
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)0.210.90.82.50.50.10.21.80.40.4

Recent Performance Summary

Total Income has increased 5.63 CAGR in last 3 years

Net Profit has increased 50.61 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 0.40%

Latest Financials - SMIFS Capital Markets Ltd.

Standalone Consolidated
TTM EPS (₹) 0.8 0.9
TTM Sales (₹ Cr.) 52.8 53
BVPS (₹.) 225.1 223.4
Reserves (₹ Cr.) 120 119
P/BV 0.22 0.22
PE 60.49 54.38
From the Market
52 Week Low / High (₹) 34.90 / 86.98
All Time Low / High (₹) 3.67 / 200.00
Market Cap (₹ Cr.) 27.8
Equity (₹ Cr.) 5.6
Face Value (₹) 10
Industry PE 46.1

Management X-Ray of SMIFS Capital:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of SMIFS Capital

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income37.3734.2439.9646.2853.3148.7648.9173.3471.7357.39
Interest Income36.9434.1439.9141.1850.6244.1944.8168.4667.0552.82
Other Income 0.420.100.065.102.694.574.104.874.684.57
Expenditure 36.9133.2438.8645.3152.3848.0248.7070.2269.6856.71
Interest Expense 0.030.030.020.020.080.040.030.020.010
Operating Expenses 36.3832.9237.9244.9852.1346.6747.3168.4869.4655.71
Provisions 0.500.290.920.310.171.311.361.720.211
Exceptional Items 0000000000
Profit Before Tax 0.4611.100.970.930.750.213.122.050.68
Taxes 0.250.050.250.11-1.710.180.082.900.060.22
Profit After Tax 0.210.960.850.862.640.570.130.221.990.46
Adjusted EPS (₹)0.41.71.51.54.71.00.20.43.60.8
Dividend Payout Ratio (%)267%58%49%65%21%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital104.97104.97105.01105.09110.67109.11102.75104.88116.40118
Share Capital 5.595.595.595.595.595.595.595.595.595.59
Reserves 99.3999.3999.4299.50105.08103.5397.1699.29110.81112.42
Minority Interest0000000000
Long Term Borrowings-3.97-4.33-4.29-0.54-2.33-2.33-2.90-0.882.092.13
Current Liabilities 3.162.091.541.090.921.042.181.845.240.84
Trade Payables00000000.424.430
Short term borrowings0000000000
Other Liabilities0000000-0.42-4.430
Total Liabilities 104.16102.74102.26105.63109.26107.82102.03105.84123.73120.97

Assets

Non Current Asset 85.6587.4892.6155.3357.74106.49100.64104.41116.77118.40
Loan Asset 0000000000
Other Non Current Asset 85.6587.4892.6155.3357.74106.49100.64104.41116.77118.40
Current Asset 18.5115.269.6550.3051.521.331.391.436.962.57
Current Investment0000000000
Other Current Asset18.5115.269.6550.3051.521.331.391.436.962.57
Total Assets 104.16102.74102.26105.63109.26107.82102.03105.84123.73120.97

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2.24-2.063.4517.70-18.13-8.60-3.0445.49-3.63-7.02
Cash Flow From Investing Activity -3.123.65-3.30-2.904.368.682.95-44.747.892.59
Cash Flow From Financing Activity -1.13-0.80-0.68-0.39-0.44-0.84-0.08-0.19-0.14-0.04
Net Cash Flow -2.020.80-0.5314.40-14.21-0.75-0.180.564.12-4.47
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)0222510041
DPS (₹)1111100000
BVPS (₹)176177177188198195184188208211

Performance Ratios

ROA (%)0.20.90.80.82.50.50.10.21.70.4
ROE (%)0.21.00.90.82.50.50.10.21.80.4
ROCE (%)0.51.11.11.00.90.70.23.01.90.6

Valuation Parameters

Price/Book(x)0.10.10.20.20.30.20.10.20.20.2

SMIFS Capital Markets Ltd Stock News

SMIFS Capital Markets Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of SMIFS Capital on 28-Mar-2024 16:01 is ₹49.70.
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 28-Mar-2024 16:01 the market cap of SMIFS Capital stood at ₹27.76.
The latest P/E ratio of SMIFS Capital as of 28-Mar-2024 16:01 is 60.49.
The latest P/B ratio of SMIFS Capital as of 28-Mar-2024 16:01 is 0.22.
The 52-week high of SMIFS Capital is ₹86.98 and the 52-week low is ₹34.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SMIFS Capital is ₹52.82 ( Cr.) .

About SMIFS Capital Markets Ltd

SMIFS Capital Markets is a SEBI registered Merchant Banker and Underwriter. The company has an experienced team of professionals with demonstrated skills in all areas of corporate finance, merchant banking, corporate advisory services, treasury management and project finance. But most importantly, the strength of SMIFS Capital Markets lies in the professionalism and integrity of employees. The company has associates in all the major metros of the country viz., Kolkata, Chennai, New Delhi, Banglore & Hyderabad and branch at Mumbai.

Areas of operations of the company:

Merchant Banking and Corporate Finance- SCML has handled 174 issues in the capacity of Lead Manager / Co-Manager / Advisor to issues, Merchant Banker to Open Offers and Manager to Buy Back Offers which includes those of prestigious clients like (India) Mukta Arts Ltd., Pritish Nandy Communications Ltd., and Moving Picture Company Ltd.

SCML is active in the mergers & acquisitions business by assisting corporate bodies in identifying suitable buyers / sellers of companies / businesses e.g. SCML represented India Cements Limited for sale of its cements plant and also represented Hindustan Sanitaryware for acquiring a division. The company has recently been involved in restructuring of Birla VXL Limited. The company has also underwritten many public and rights issues.

Further, SCML is also actively involved in providing assistance to corporate bodies through Syndication of Loans from various bodies Corporate/Banks and Financial Institutions. SCML has arranged sizeable amount of term loan for Project Finance and Construction Finance.

SCML clientele includes Foreign Institutional Investors (FII), Indian Financial Institutions (IFI) and High Net-worth Individuals (HNI). The company is active in placement of shares and has arranged/mobilized funds by placement of shares with private equity funds, FII, IFI and HNI. For Example the company has placed sizeable equity of MTR Foods Limited with J. P. Morgan Chase private equity fund, placed shares of SICAL with Llyod George Investment Management (Bermuda) Limited, placed shares of Sintex Industries Limited with various Foreign Institutional Investors and Mutual Funds.

Marketing Services SCML is a marketing associate to almost all Mutual Funds in India. It is also a marketing associate of a large number of Corporate Fixed Deposit Schemes, as also of various other debt Instruments issued by Financial Institutions. SCML has excellent relationship with some of the leading Foreign Institutional Investors, Indian Mutual funds and Indian Financial Institutions.

Services offered by the company:

  • Corporate Finance
  • Merchant Banking
  • Issue Management
  • Advisory Service
  • Distribution of mutual fund products
  • Placement of shares with foreign institutions and mutual funds
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.