IKF Finance Ltd - Stock Valuation and Financial Performance

Name: IKF Finance
Brand: IKF Finance

BSE: 530719 | NSE: | Finance - NBFC | Small Cap

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IKF Finance stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

1.91

Market Cap:

76.9 Cr.

52-wk low:

23.5

52-wk high:

24.6

Is an attractive stock to invest in?

1. Is a good quality company?

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2. Is undervalued or overvalued?

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3. Is a good buy now?

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10 Year X-Ray of IKF Finance:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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.)	59.6	79.7	102	126	136	155	206	204	221	286	221
YoY Gr. Rt. %	-	33.7%	27.4%	23.9%	7.8%	14.3%	32.7%	-0.8%	8.3%	29.6%	-
Adj EPS (₹ )	3.6	4.6	3.8	3.7	4.1	3.6	5.5	6.2	7.7	7.7	12.6
YoY Gr. Rt. %	-	26.5%	-16.2%	-3.7%	10.3%	-11.5%	52.9%	11.8%	24%	1.2%	-
BVPS (₹ )	20.8	24.7	33.6	37.3	43.6	53.7	59.2	65.7	73.6	107.2	24.5
YoY Gr. Rt. %	-	18.7%	36.4%	11%	16.9%	23%	10.3%	11%	11.9%	45.8%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	4	3.5	2.8	2.2	2.3	1.8	2.1	2.1	2.4	2.2	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	19.1%	16.1%	11.7%	29.6%
Adj EPS	8.8%	13.7%	11.9%	1.2%
BVPS	20%	19.7%	21.9%	45.8%
Share Price	-	-	-	-

Key Financial Ratios


RATIOS \ YEARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Asset Quality Ratio	To view Asset Quality Ratio Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	0	0	0	0	0	0	0	0	0	0	-
Capitalization Ratio	To view Capitalization Ratio Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0	-
Margins
Net Profit Margin (%)	19.5	18.4	17.2	13.4	14.1	11.7	13.5	15.6	18.2	17.5	18.3
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	19.8	20.2	15.1	10.4	10.2	7.7	9.8	10	11.1	9.3	51

Recent Performance Summary

No data to display

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

Latest Financials - IKF Finance Ltd.

	Standalone	Consolidated
TTM EPS (₹)	12.6	15.7
TTM Sales (₹ Cr.)	221	270
BVPS (₹.) ⓘ	24.5	10
Reserves (₹ Cr.) ⓘ	47	-
P/BV ⓘ	0.98	2.40
PE ⓘ	1.91	1.53

From the Market
52 Week Low / High (₹)	23.45 / 24.55
All Time Low / High (₹)	1.17 / 41.00
Market Cap (₹ Cr.)	76.9
Equity (₹ Cr.)	32.1
Face Value (₹)	10
Industry PE ⓘ	31.3

Management X-Ray of IKF Finance:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

35.31

31.47

25.81

14.81

0.00

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

Valuation of IKF Finance

Analyst's Notes

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Key Ratios of IKF Finance

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Income	60.73	79.85	101.72	126.66	135.79	155.32	205.88	208.52	223.73	287.05
Interest Income	59.60	79.71	101.56	125.83	135.70	155.05	205.69	204.07	220.93	286.42
Other Income ⓘ	1.13	0.14	0.16	0.83	0.09	0.27	0.19	4.46	2.81	0.63
Expenditure ⓘ	42.85	57.97	78.15	100.97	106.44	130.77	167.95	164.32	169.46	219.74
Interest Expense ⓘ	32.07	43.94	57.82	70.62	70.90	84.88	115.52	116.09	117.88	154.03
Operating Expenses ⓘ	9.71	11.25	15.60	25.66	31.14	33.22	35.20	34.89	42.77	58.60
Provisions	1.06	2.77	4.73	4.69	4.40	12.67	17.23	13.34	8.82	7.11
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	17.89	21.89	23.58	25.69	29.35	24.55	37.94	44.20	54.27	67.31
Taxes ⓘ	6.26	7.20	6.08	8.83	10.19	6.38	10.20	12.30	13.97	17.30
Profit After Tax	11.63	14.69	17.50	16.86	19.15	18.17	27.73	31.91	40.30	50.01
Adjusted EPS (₹)	3.6	4.6	3.8	3.7	4.1	3.6	5.5	6.2	7.7	7.7
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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	66.68	80.55	153.09	169.95	224.26	269.73	297.61	339.90	387.37	692.50
Share Capital ⓘ	32.10	32.10	45.53	45.53	66.46	50.28	50.28	51.67	52.66	64.58
Reserves ⓘ	34.58	48.45	107.57	124.43	157.80	219.46	247.33	288.22	334.71	627.92
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	42.66	118.79	244	281.50	300.92	615.05	694.52	924.49	973.26	1,779.67
Current Liabilities	222.57	259.43	347.32	347.22	322.81	331.67	389.81	360.66	356.92	292.12
Trade Payables	0	0	0	0	0	0	0	0	0	0
Short term borrowings	217.95	166.06	227.75	199.89	110.43	284.26	366.19	332.84	335.63	261.12
Other Liabilities	-217.95	-113.48	-227.75	-199.89	-110.43	-284.26	-366.19	-332.84	-335.63	-261.12
Total Liabilities ⓘ	331.91	511.34	744.41	798.68	847.98	1,216.46	1,381.94	1,625.05	1,717.55	2,764.30
Assets
Non Current Asset	138.03	234.14	373.08	421.24	509.11	9.45	8.49	60.44	17.90	40
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	138.03	234.14	373.08	421.24	509.11	9.45	8.49	60.44	17.90	40
Current Asset	193.88	275.78	371.34	377.44	338.88	1,207	1,373.45	1,564.61	1,699.65	2,724.29
Current Investment	0	0	0	0	0	45.25	45.25	0	62.53	308.11
Other Current Asset	193.88	275.78	371.34	377.44	338.88	1,161.75	1,328.19	1,564.61	1,637.12	2,416.19
Total Assets ⓘ	331.91	511.34	744.41	798.68	847.98	1,216.46	1,381.94	1,625.05	1,717.55	2,764.30

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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 ⓘ	-59.86	-105.08	-229.26	-16.68	-7.98	-212.60	-108.05	-194.85	-188.49	-555.25
Cash Flow From Investing Activity ⓘ	-0.41	-1.42	-1.34	-0.56	-1.02	-46.51	-1.21	-0.59	-19.48	-246.29
Cash Flow From Financing Activity ⓘ	71.08	153.40	213.70	26.62	-12.38	242.16	120.39	288.51	123.82	998.16
Net Cash Flow ⓘ	10.81	46.90	-16.90	9.38	-21.38	-16.95	11.13	93.08	-84.16	196.62

Finance Ratio

Standalone Basis Consolidated Basis

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 (₹)	4	5	4	4	4	4	6	6	8	8
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	21	25	34	37	44	54	59	66	74	107
Performance Ratios
ROA (%)	4.0	3.5	2.8	2.2	2.3	1.8	2.1	2.1	2.4	2.2
ROE (%)	19.8	20.2	15.1	10.4	10.2	7.7	9.8	10.0	11.1	9.3
ROCE (%)	17.7	16.2	13.4	12.9	13.0	11.3	12.2	10.9	10.5	10.0
Valuation Parameters
Price/Book(x)	0.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0

IKF Finance Ltd Stock News

IKF Finance Ltd FAQs

What is the share price of IKF Finance?

Company share prices are keep on changing according to the market conditions. The closing price of IKF Finance on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of IKF Finance?

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 01-Jan-1970 05:30 the market cap of IKF Finance stood at ₹76.88.

What is the P/E ratio of IKF Finance?

The latest P/E ratio of IKF Finance as of 01-Jan-1970 05:30 is 1.91.

What is the P/B ratio of IKF Finance?

The latest P/B ratio of IKF Finance as of 01-Jan-1970 05:30 is 0.98.

What is the 52-week high and low of IKF Finance?

The 52-week high of IKF Finance is ₹24.55 and the 52-week low is ₹23.45.

What is the TTM revenue of IKF Finance?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IKF Finance is ₹220.6 ( Cr.) .

About IKF Finance Ltd

I K F Finance company was incorporated as Indrakeela Finance Private Ltd. in 1991 with the objective of financing the purchase of Trucks, Tractors, and Cars & Multi Utility vehicles.

In 1994 the company was converted from a privately owned company to a Public Limited Company under the name IKF Finance & Investments.In 1998, with the goal of primarily focusing on the financing activities the companyâ€™s name was changed to IKF Finance Limited.

As a result of its rapid growth the company went for a public issue in 1995, a Rights Issue in 1998 and a Preferential Issue in 2003.

The company's shares were listed in The Stock Exchange, Mumbai, the Hyderabad Stock Exchange Limited, Hyderabad and The Stock Exchange, Ahmedabad. IKFâ€™s common stock is currently listed in The Stock Exchange, Mumbai.

IKF Finance is one of the leading Non Banking Finance Companies in Southern India. IKF offers a variety of services including automobile loans, working capital loans etc. The companyâ€™s primary focus is on financing the purchase of commercial vehicles. IKF also issues debentures as a long-term debt instruments to its investors. The company has also entered into partnership agreements with banks and institutions for asset management and securitization.

IKF has grown rapidly over the past decade & half on the foundations of committed customer service, transparent business practices, and well-organized, secure and trusted financial policies. Itâ€™s their people, their locations & their work that makes them unique. They reach for higher standards every day, in everything they do â€“ for their customers, their shareholders & their business partners, upon which the future prosperity of their company rests.

Services offered by the company include:

Commercials Vehicle Loans
Working Capital Loans
Asset Management
Debentures

Business Associates of the company are:

HDFC Bank Ltd.
Sundaram Finance Ltd.
The A.P.Mahesh Co-Op. Urban Bank Limited.
ING Vysya Bank Limited â€“ Retail SBU.
Tata Motors Limited (TELCO â€“ BHPC).

Major Milestones:

1991-Creation of IKF Finance
1994- Conversion to a Public Limited Company
1995- Adequate safety rating from CARE
1995- Public Issue
1998- RBI Registration
1998- Rights Issue
2001- Entered into partnership with TELCO for Asset Management
2001- Entered into partnership with The A.P.Mahesh Co-Op. Urban Bank Ltd for Asset Management
2002- Entered into partnership with ING Vysya Bank Limited for Asset Management
2003- Preferential Issue
2004- Entered into partnership with HDFC Bank Limited as Channel Business Partner
2004- Entered into partnership with Sundaram Finance Limited for securitisation