Karnavati Finance Ltd - Stock Valuation and Financial Performance

BSE: 538928 | NSE: | Finance - Investment | Small Cap

Karnavati Finance Share Price

2.14 -0.03 -1.38%
as on 28-Mar'24 16:01

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Karnavati Finance stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
21.8 Cr.
52-wk low:
1.9
52-wk high:
10.6

Is Karnavati Finance Ltd an attractive stock to invest in?

1. Is Karnavati Finance Ltd a good quality company?

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

2. Is Karnavati Finance Ltd undervalued or overvalued?

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

3. Is Karnavati Finance Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Karnavati 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 Karnavati 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.
Karnavati 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.)0.40.50.4123.22.81.22.42.93
YoY Gr. Rt. %-29.7%-8.3%115.9%112.6%60.4%-14.8%-55.8%96.7%18.8%-
Adj EPS (₹ ) 0-000.10.10.10000.1-0.2
YoY Gr. Rt. %--500%NA125%-33.3%16.7%-85.7%0%200%100%-
BVPS (₹ )0.80.90.911.21.21.31.31.31.41.2
YoY Gr. Rt. %-6.1%5.8%9.8%15.8%6%0.8%0.8%3.2%3.9%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)1.4-6.74.793.52.60.40.61.82.70

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income25.5%7.1%1.1%18.8%
Adj EPS22%0%81.7%100%
BVPS5.7%2.9%2.6%3.9%
Share Price - -7.5% 9.5% -79.9%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Margins
Net Profit Margin (%)12-78.982.979.730.822.33.910.112.619.7-66.8
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)1.5-7.24.99.46.260.912.44.2-17.5

Recent Performance Summary

Total Income has increased 1.08 CAGR in last 3 years

Net Profit has increased 81.71 CAGR in last 3 years

Return on Equity is Poor

Total income growth is poor in last 4 quarters

Latest Financials - Karnavati Finance Ltd.

Standalone Consolidated
TTM EPS (₹) -0.2 -
TTM Sales (₹ Cr.) 3.2 -
BVPS (₹.) 1.2 -
Reserves (₹ Cr.) 2 -
P/BV 1.80 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 1.90 / 10.62
All Time Low / High (₹) 0.97 / 27.39
Market Cap (₹ Cr.) 21.8
Equity (₹ Cr.) 10.1
Face Value (₹) 1
Industry PE 44.9

Management X-Ray of Karnavati 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 Karnavati 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
Income0.420.480.631.232.133.242.761.222.482.85
Interest Income0.370.480.440.952.023.242.761.222.402.85
Other Income 0.0400.190.280.110000.080
Expenditure 0.330.820.200.261.302.252.621.022.072.10
Interest Expense 0000.010.681.580.260.050.030.34
Operating Expenses 0.150.490.190.250.560.510.910.950.651.41
Provisions 0.170.330.0100.060.171.450.021.390.35
Exceptional Items 0000000000
Profit Before Tax 0.09-0.350.440.970.830.990.140.200.410.75
Taxes 0.050.030.070.210.210.260.030.080.100.19
Profit After Tax 0.04-0.380.370.750.620.720.110.120.300.56
Adjusted EPS (₹)0.00.00.00.10.10.10.00.00.00.1
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 Capital3.117.317.688.4311.7612.4812.5912.7113.0113.58
Share Capital 3.788.368.368.3610.0510.0510.0510.0510.0510.05
Reserves -0.67-1.05-0.680.071.712.432.542.662.963.53
Minority Interest0000000000
Long Term Borrowings0.030.27-0.03-0.0314.4815.9911.045.430.7612.63
Current Liabilities 0.240.290.310.420.670.810.760.770.671.14
Trade Payables0.230.230.150.180.300.300.410.660.080.75
Short term borrowings0000000.2200.440.08
Other Liabilities-0.23-0.23-0.15-0.18-0.30-0.30-0.63-0.66-0.52-0.83
Total Liabilities 3.387.877.968.8226.9129.2924.3918.9114.4527.34

Assets

Non Current Asset 0.130.110.100.080.100.130.080.060.120.28
Loan Asset 0000000000
Other Non Current Asset 0.130.110.100.080.100.130.080.060.120.28
Current Asset 3.257.767.868.7426.8129.1524.3118.8414.3327.07
Current Investment0000000000
Other Current Asset3.257.767.868.7426.8129.1524.3118.8414.3327.07
Total Assets 3.387.877.968.8226.9129.2924.3918.9114.4527.34

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.30-4.65-0.070.35-16.560.084.865.714.25-9.44
Cash Flow From Investing Activity -0.11000000000
Cash Flow From Financing Activity -0.044.82-0.25-0.0316.55-0.08-5-5.91-4.2511.03
Net Cash Flow 0.150.17-0.320.32-0.010.01-0.14-0.2001.58
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)0001110000
DPS (₹)0000000000
BVPS (₹)8991012121313131

Performance Ratios

ROA (%)1.4-6.74.79.03.52.60.40.61.82.7
ROE (%)1.5-7.24.99.46.26.00.91.02.44.2
ROCE (%)2.9-6.55.712.28.79.41.51.22.75.4

Valuation Parameters

Price/Book(x)0.01.20.01.22.62.52.51.21.27.1

Karnavati Finance Ltd Stock News

Karnavati Finance Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Karnavati Finance on 28-Mar-2024 16:01 is ₹2.14.
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 Karnavati Finance stood at ₹21.81.
The latest P/E ratio of Karnavati Finance as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Karnavati Finance as of 28-Mar-2024 16:01 is 1.80.
The 52-week high of Karnavati Finance is ₹10.62 and the 52-week low is ₹1.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Karnavati Finance is ₹3.16 ( Cr.) .

About Karnavati Finance Ltd

Karnavati Finance was incorporated as Karnavati Finance and leasing Limited at Mumbai on December 05, 1984 under the Companies Act, 1956 with the Registrar of Companies, Maharashtra. On December 11, 1989 the name of the company was changed to Karnavati Finance Limited. Later in the year 2001-2002 the company was taken over by present promoter Raman Morzaria by acquiring 2,51,000 equity share at Rs 10.50 from Rajnikant Worah and his associate via share purchase agreement dated May 10, 2001. The company is a NBFC registered with RBI to carry on NBFC Activities under Section 45IA of the Reserve Bank of India Act, 1934 bearing Certificate no. 13.00064 dated February 24, 1998.

Product and Services

The company is a Non Deposit taking Loan Company (NBFC-ND-LC) engaged primarily in the business of providing loans as per the requirement of customers and they are both secured and unsecured finance. It is mainly involved in business loan and personal loan. The company’s products are typically directed at Individuals and small and medium size entities. The company’s loan products are customized to the requirements of its borrowers, broadly classified as:

  • Business Loan
  • Personal finance

Major Events

  • 1983-1984: Incorporation of the company as Karnavati Finance & Leasing Limited
  • 1985-1986: Certificate of commencement of Business
  • 1989-1990: The Name of the company change from Karnavati Finance & Leasing Limited to Karnavati Finance Limited
  • 1997-1998: RBI approval to carry on NBFC Activities
  • 2001-2002: Change In Management - Company Acquired By Mr. Raman Morzaria, existing Promoter
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