Rajath Finance Ltd - Stock Valuation and Financial Performance

BSE: 507962 | NSE: | Finance - NBFC | Small Cap

Rajath Finance Share Price

21.79 0.00 0.00%
as on 19-Feb'24 16:59

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Rajath Finance stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
8.7 Cr.
52-wk low:
14.8
52-wk high:
21.8

Is Rajath Finance Ltd an attractive stock to invest in?

1. Is Rajath Finance Ltd a good quality company?

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

2. Is Rajath Finance Ltd undervalued or overvalued?

The key valuation ratios of Rajath Finance Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Rajath Finance Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rajath Finance 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 Rajath Finance:

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.
Rajath Finance 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.)0.30.40.40.40.30.30.40.40.30.30
YoY Gr. Rt. %-29%0%-7.5%-29.7%-3.9%68%-11.9%-8.1%-2.9%-
Adj EPS (₹ ) 0.3-0.3-0.2-0.4-0.9-0.6-0.200.6-0.3-1.3
YoY Gr. Rt. %--189.7%NANANANANANA1400%-146.7%-
BVPS (₹ )19.118.918.718.417.516.916.716.717.31715.8
YoY Gr. Rt. %--1.2%-1%-1.9%-4.8%-3.4%-1.2%0.3%3.6%-1.6%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)1.5-1.3-1-1.8-4.6-3.2-10.23.5-1.50

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income0.7%4.9%-7.7%-2.9%
Adj EPS-199.6%NANA-146.7%
BVPS-1.3%-0.5%0.7%-1.6%
Share Price -19.4% 23.5% 46% 54.7%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)37.2-25.6-19.8-37.7-136.5-97.6-18.44.770.5-33.4-155.3
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)1.9-1.4-1.1-1.9-4.9-3.5-1.20.33.6-1.6-8.8

Recent Performance Summary

No data to display

Return on Equity is Poor

Total Income has declined -0.76 CAGR in last 3 years

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - Rajath Finance Ltd.

Standalone Consolidated
TTM EPS (₹) -1.3 -0.5
TTM Sales (₹ Cr.) 0.3 3.1
BVPS (₹.) 15.8 0
Reserves (₹ Cr.) 2 -
P/BV 1.38 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 14.79 / 21.79
All Time Low / High (₹) 7.00 / 407.00
Market Cap (₹ Cr.) 8.7
Equity (₹ Cr.) 4
Face Value (₹) 10
Industry PE 31.5

Management X-Ray of Rajath Finance:

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

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Analyst's Notes

Key Ratios of Rajath Finance

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
Income0.430.410.470.370.270.250.600.370.550.63
Interest Income0.310.400.400.370.260.250.420.370.340.33
Other Income 0.1200.0800.0100.1900.200.30
Expenditure 0.310.470.390.520.750.550.710.330.220.78
Interest Expense 0000.01000000.04
Operating Expenses 0.240.190.280.230.240.310.270.280.220.42
Provisions 0.060.270.110.270.500.230.440.0500.31
Exceptional Items 0000000000
Profit Before Tax 0.12-0.060.08-0.15-0.48-0.29-0.100.050.33-0.14
Taxes 0.010.040.16-0.01-0.13-0.05-0.030.030.08-0.03
Profit After Tax 0.12-0.10-0.08-0.14-0.35-0.24-0.080.020.24-0.11
Adjusted EPS (₹)0.3-0.3-0.2-0.4-0.9-0.6-0.20.00.6-0.3
Dividend Payout Ratio (%)0%0%0%0%0%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 Capital7.667.567.487.346.996.756.676.696.936.82
Share Capital 4444444444
Reserves 3.663.563.483.342.992.752.672.692.932.82
Minority Interest0000000000
Long Term Borrowings0.020.130.080.100.450.540.35-0.15-0.070.54
Current Liabilities 0.050.010.030.100.180.270.370.440.110.04
Trade Payables0.0300.010.090.170.260.360.440.110.04
Short term borrowings0000000000
Other Liabilities-0.030-0.01-0.09-0.17-0.26-0.36-0.44-0.11-0.04
Total Liabilities 7.737.707.597.547.637.557.386.986.977.40

Assets

Non Current Asset 0.510.470.330.310.380.320.290.250.251.10
Loan Asset 0000000000
Other Non Current Asset 0.510.470.330.310.380.320.290.250.251.10
Current Asset 7.217.237.267.237.257.237.106.736.736.31
Current Investment0000000000
Other Current Asset7.217.237.267.237.257.237.106.736.736.31
Total Assets 7.737.707.597.547.637.557.386.986.977.40

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.101.14-0.99-0.190.040.060.100.170.84-0.91
Cash Flow From Investing Activity 0.0400-0.01-0.070.02000-0.94
Cash Flow From Financing Activity 0000000000.64
Net Cash Flow 0.141.13-0.99-0.20-0.030.080.100.170.84-1.21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)0000-1-10010
DPS (₹)0000000000
BVPS (₹)19191918171717171717

Performance Ratios

ROA (%)1.5-1.3-1.0-1.8-4.6-3.2-1.00.23.5-1.5
ROE (%)1.9-1.4-1.1-1.9-4.9-3.5-1.20.33.6-1.6
ROCE (%)1.6-0.81.1-1.9-6.7-4.2-1.60.74.8-1.5

Valuation Parameters

Price/Book(x)9.91.90.80.40.00.00.00.00.50.8

Rajath Finance Ltd Stock News

Rajath Finance Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rajath Finance on 19-Feb-2024 16:59 is ₹21.79.
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 19-Feb-2024 16:59 the market cap of Rajath Finance stood at ₹8.72.
The latest P/E ratio of Rajath Finance as of 19-Feb-2024 16:59 is 0.00.
The latest P/B ratio of Rajath Finance as of 19-Feb-2024 16:59 is 1.38.
The 52-week high of Rajath Finance is ₹21.79 and the 52-week low is ₹14.79.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rajath Finance is ₹0.34 ( Cr.) .

About Rajath Finance Ltd

Rajath Finance was incorporated on December 13, 1984 under the Companies Act, 1956, as Rajath Leasing and Finance. The certificate for commencement of business was obtained on Febryary 4, 1985. The name of the company was changed to Rajath Finance vide special resolution passed by the shareholders of the company on June 7, 1999 and a fresh certificate of incorporation consequent upon change of name was obtained on July 8, 1999.

The registered office of the company is located at 208-215, Star Plaza, Phulchabb Chowk, Rajkot-360001, Gujarat.

Business area of the company

The company is engaged in the business of financial activities. The business activities include leasing, finance, hire purchase and other allied activities.

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