Asit C Mehta Financial Services Ltd - Stock Valuation and Financial Performance

BSE: 530723 | NSE: | IT - Software | Small Cap

Asit C Mehta FinServ Share Price

159.35 7.55 4.97%
as on 16-Apr'24 16:01

DeciZen - make an informed investing decision on Asit C Mehta FinServ

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Asit C Mehta Financial Services stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
130.5 Cr.
52-wk low:
91.1
52-wk high:
202.7

Is Asit C Mehta Financial Services Ltd an attractive stock to invest in?

1. Is Asit C Mehta Financial Services Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Asit C Mehta Financial Services Ltd is a below average quality company.

2. Is Asit C Mehta Financial Services Ltd undervalued or overvalued?

The key valuation ratios of Asit C Mehta Financial Services Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Asit C Mehta Financial Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Asit C Mehta Financial Services 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 Asit C Mehta FinServ:

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.
Asit C Mehta Financial Services Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.1%2.3%0.5%3.3%2.9%7.2%2.8%1.2%-0.5%-0.5%-
Value Creation
Index
-1.0-0.8-1.0-0.8-0.8-0.5-0.8-0.9-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2.53.63.36.46.310.55.832.53.45
Sales YoY Gr.-46%-10.2%96.9%-2.3%68.6%-44.6%-48.6%-18.3%36.7%-
Adj EPS -2.7-0.8-4.1-0.3-1.15.7-1-2.9-8.4-11.1-7.1
YoY Gr.-NANANANANA-117.3%NANANA-
BVPS (₹) 15.314.510.571.270.175.574.679.64837.275.6
Adj Net
Profit
-1.5-0.5-2.3-0.2-0.63.1-0.5-1.6-4.6-6.2-6
Cash Flow from Ops. 13.20.2-1.9-3.14.25.69.11.7-1.42.2-
Debt/CF from Ops. 1.278.4-16.3-13.810.37.44.226.1-53.539.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.4%-11.7%-16.9%36.7%
Adj EPS NANANANA
BVPS10.4%-11.9%-20.7%-22.5%
Share Price 25.9% 41.4% 39.2% 58.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-3.4-1-5.5-0.5-1.57.7-1.3-3.6-12.9-25.7-12.5
Op. Profit
Mgn %
32.765.648.276.676.5837459.345.542.746
Net Profit
Mgn %
-61.4-12.4-70.6-2.8-9.529.8-9.3-52.4-189-185.9-121.4
Debt to
Equity
1.81.95.11.11.110.912.84-
Working Cap
Days
355177203951341563191,0361,383807216
Cash Conv.
Cycle
275041-8-41356-162-162-110-1,010

Recent Performance Summary

Sales growth is good in last 4 quarters at 70.97%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -16.91%

Debt to equity has increased versus last 3 years average to 4.00

Latest Financials - Asit C Mehta Financial Services Ltd.

Standalone Consolidated
TTM EPS (₹) -7.1 -14.7
TTM Sales (₹ Cr.) 4.8 37.6
BVPS (₹.) 75.6 37.2
Reserves (₹ Cr.) 54 22
P/BV 2.09 4.26
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 91.11 / 202.68
All Time Low / High (₹) 1.38 / 257.82
Market Cap (₹ Cr.) 131
Equity (₹ Cr.) 8.3
Face Value (₹) 10
Industry PE 32.3

Management X-Ray of Asit C Mehta FinServ:

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 Asit C Mehta FinServ

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales24366116323
Operating Expenses 2121122112
Manufacturing Costs0000001001
Material Costs0000000000
Employee Cost 1100000000
Other Costs 1111111112
Operating Profit 1225594211
Operating Profit Margin (%) 32.7%65.6%48.2%76.6%76.5%81.9%74.0%59.3%45.5%25.5%
Other Income 0000001722
Interest 2344444468
Depreciation 0001111111
Exceptional Items 0000000000
Profit Before Tax -2-1-20-1403-4-7
Tax 000001010-1
Profit After Tax -20-20-1303-4-6
PAT Margin (%) -61.4%-11.7%-70.6%-2.8%-9.5%29.0%-8.4%93.1%-179.0%-167.0%
Adjusted EPS (₹)-2.7-0.7-4.0-0.3-1.15.4-0.95.0-7.8-9.7
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

Shareholders Fund 44434040394242452721
Share Capital 5555555555
Reserves 39383535353837402216
Minority Interest0000000000
Debt15162941413835427684
Long Term Debt15162433383531325458
Short Term Debt0057443102226
Trade Payables0000011111
Others Liabilities 1616152234233
Total Liabilities 7575848383858190107109

Fixed Assets

Gross Block62627300005911
Accumulated Depreciation5670000611
Net Fixed Assets57566600005200
CWIP 0000000000
Investments 15151580787716245353
Inventories0000000000
Trade Receivables1100050000
Cash Equivalents 1111111111
Others Assets11112164135255
Total Assets 7575848383858190107109

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 130-2-34692-12
PBT -2-1-20-1403-4-7
Adjustment 0115655-268
Changes in Working Capital 15-0-1-8-1-350-31
Tax Paid 000000-1000
Cash Flow From Investing Activity -130-110-11-2-4-23-4
Capex -130-110000000
Net Investments 00000005-26-1
Others 0000-11-2-92-4
Cash Flow From Financing Activity 00133-4-7-82252
Net Proceeds from Shares 0000000002
Net Proceeds from Borrowing 00094-3-3-3214
Interest Paid 0-1-1-4-4-4-4-4-6-7
Dividend Paid 0000000000
Others 0114-2-4009104
Net Cash Flow 0000000000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-15.94-4.94-31.81-0.78-1.57.47-1.176.43-12.22-23.1
ROCE (%)2.78.354.126.344.469.24.288.441.651.53
Asset Turnover Ratio0.040.050.040.080.080.130.070.040.020.03
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A2N/A0.67N/AN/A
Working Capital Days
Receivable Days805957242695167375227
Inventory Days0000000000
Payable Days0000000000

Asit C Mehta Financial Services Ltd Stock News

Asit C Mehta Financial Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Asit C Mehta FinServ on 16-Apr-2024 16:01 is ₹159.3.
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 16-Apr-2024 16:01 the market cap of Asit C Mehta FinServ stood at ₹130.5.
The latest P/E ratio of Asit C Mehta FinServ as of 16-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Asit C Mehta FinServ as of 16-Apr-2024 16:01 is 2.09.
The 52-week high of Asit C Mehta FinServ is ₹202.7 and the 52-week low is ₹91.11.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asit C Mehta FinServ is ₹4.79 ( Cr.) .

About Asit C Mehta Financial Services Ltd

Nucleus Netsoft & GIS (India) Ltd is a part of the reputed Nucleus Group of Mumbai, India. They are located just a few miles from Mumbai International Airport and housed in a 7-storied building with over 15,000 sq ft of occupied operational area. Nucleus has well experienced technical, operational and support staff for project executions.

Focused on document management solutions marketplace worldwide, they are a cohesive team of accomplished professionals in technology, project management, sales & marketing & finance. Scattered around the globe, their professionals work in a cellular networked organization structure with contemporary project management tools & practices powering their business. A fully projectised management framework sustains their organizational agility through changes happening in the marketplace.

Nucleus is focused on enabling spatial fulfillment of value to businesses & individual users worldwide. Its matured competencies across the full bandwidth of spatial technologies help it to deliver this. Its traditional strengths on platform-tied paradigms meld with our open & platform-neutral solutions in the spatial technologies marketplace. After technology, the most powerful driver of its performance is its project management capabilities.

Equipped with over 100 workstations operating in two shifts, production facilities could be ramped up with additional workstations as well as resort to 3 shift round-the-clock working, in case of large volumes. The communication facilities at Nucleus House are state-of-the-art and are backed by a two 2 MBPS Leased lines with 24x7x365 connectivity to the Internet.

Services offered by the company:

GIS - GIS has emerged as very powerful tool because they allow analyst to derive solutions using various methodologies in ways that support traditional forms of geographical analysis.

NAVL - NAVL is a rugged & sophisticated solution. It combines accurate positioning and real-time communication with the monitoring and reporting of predetermined events.

DMS- Services include:

  • Data Capture / Data Keying / Data Entry
  • OCR / Image Processing
  • XML - SGML - HTML - XHTML - MARC
  • Ebook Conversion - OEB
  • Library Automation
  • CAD/CAM/CAE Services
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