Paragon Finance Ltd. Stock Analysis

Small Cap

Evaluated by 89 users | BSE: 531255 | NSE: |
Finance - NBFC

Paragon Finance is a non-banking finance company registered with the Reserve Bank of India (RBI) as a non-deposit taking NBFC. A NBFC is a company, not a bank, which is engaged in financing activities. Paragon Finance is a fund-based NBFC. Its aim is wealth maximization. In order to achieve...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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.

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Operating Income (Rs. Cr.)	3.3	4.1	5.8	5.2	5.1	4.9	3.1	3.7	3.9	3.9
Y-o-Y Gr. Rt.	-	25.8%	41%	-9.5%	-2.5%	-3.7%	-36.1%	18.5%	4.6%	-0.3%
Adjusted EPS (Rs.) Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items	1.53	1.35	1.57	2.16	1.48	1.52	1.13	4.16	4.88	6.5
Y-o-Y Gr. Rt.	-	-11.8%	16.3%	37.6%	-31.5%	2.7%	-25.7%	268.1%	17.3%	33.2%
Book Value per Share (Rs.) The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share	33.95	35.3	36.87	39.03	40.5	42.03	43.16	47.32	52.2	58.69
Y-o-Y Gr. Rt.	-	4%	4.5%	5.9%	3.8%	3.8%	2.7%	9.6%	10.3%	12.4%

To view Net Profit/Total Funds (%) Colour Rating Guide click here

Net Profit/Total Funds (%)

2.72

1.8

1.71

2.27

1.63

1.9

1.62

5.95

7.28

10.37

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Paragon Finance Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Paragon Finance Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Operating Income	2%	-5.3%	7.3%	-0.3%
Adjusted EPS Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.	17.4%	34.4%	79.2%	33.2%
Book Value per Share	6.3%	7.7%	10.8%	12.4%
Share Price	-2.6%	15.2%	-8%	-9.5%

Key Financial Ratios

RATIOS \ YEARS	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here Asset Quality Ratio: Colour Rating Guide <0.5 : Very Good 0.5-1 : Somewhat Good >1 : Not Good
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 Capitalization Ratio: Colour Rating Guide >17% : Very Good 15%-17% : Somewhat Good <15% : Not Good
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0
Margins
Net Profit Margin (%)	19.95	13.96	11.56	17.52	12.31	13.21	15.36	47.48	53.31	71.15
Performance Ratios To view Performance Ratios Colour Rating Guide click here Performance Ratios: Colour Rating Guide >15 : Very Good 12-15 : Somewhat Good <12 : Not Good
Return on Equity (%)	5.06	3.88	4.35	5.68	3.71	3.69	2.66	9.19	9.8	11.72

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	62.25%
Non-Institutions	37.75%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is Paragon Finance a good quality company?

Data is not available for this company.

2. Is current market price of Paragon Finance a good price to buy it?

The 5-year analysis of Paragon Finance's performance infers:

Paragon Finance earnings have grown by 34.4%, whereas share price has appreciated 15.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What Paragon Finance's share price return in the past 10 years

We analysed the performance of Paragon Finance share prices over the last 10 years. Here is what we found out:

Paragon Finance share price has appreciated -2.3% annually over the past ten years.

About Company

The company basically finances clients for purchase of heavy and light commercial

The company basically finances clients for purchase of heavy and light commercial vehicles. The company has not limited its activity to used vehicles; it has started financing new vehicles also. The company also leaks strategic and costumer share investment based on its keep understanding of the market by nominee and the found market research it conducts on a continued basis.

Paragon has also moved into the active business of investing in real estate development. Some of the various estates held by the company along with its group companies are situated at Jangalpur, Alampur, Ulberia, Dasnagar, Jessore Road, Rajarhat and Lahoti. The company is also engaged in arbitraging buying commodities from the spot market and selling it in the future market ensuring profit the commodities gold and silver.

Presently the areas covered by the company are:

â€¢ Auto Loans â€¢ Shares â€¢ ICDs â€¢ Real Estate â€¢ Commodity Market

There are many rivals of the company. They include Power Finance, Reliance capital, India Bulls Finance, etc.

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