Available Fin

₹311.5 -2.3 | 0.7%

WEBSITE BSE:531310 NSE : AVAILABLE FI 18 May, 12:50

Market Cap ₹318 Cr.

Stock P/E 2.6

P/B 0.3

Current Price ₹311.5

Book Value ₹ 960.1

Face Value 10

52W High ₹341.4

Dividend Yield 0%

52W Low ₹ 99.6

Edit Ratio

Available Fin Research see more...

Overview Inc. Year: 1993Industry: Finance - NBFC

Available Finance Limited is a listed public company that was incorporated in 1993 as a non-banking financial company (NBFC) and is a subsidiary of Archana Coal Private Limited, which is a part of the Agarwal Group, a well-known group in Madhya Pradesh. It offers finance to acquire, hold, sell, buy, and otherwise deal in any shares, stocks, debentures, bonds, mortgages, and obligations. Company has delivered great bottom line growth of 31.3% CAGR over the last five years and has a good return on equity (ROE) track record of 25.4% for the last three years. The company’s promoters are Srikrishna Bhamidipati and Deepak Satyaprakash Goyal, who together hold 0.88% of the company’s shares. Srikrishna Bhamidipati is also the chairman and managing director of the company.

Available Fin Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Available Fin Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Operating Revenue	0	0	0	0	0	0	0	0	0	0
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	0	0	0	0	0	0	0	0	0	0
Total Expenditure	0	0	0	0	0	0	0	0	0	0
Operating Profit	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	0	0	0	0	0	0	0	0	0
Provision for Tax	-0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	0	-0	0	0	0	0	0	0	0
Adjustments	59	37	64	89	17	27	39	22	15	49
Profit After Adjustments	59	37	64	89	17	27	39	22	16	49
Adjusted Earnings Per Share	57.7	36.1	62.9	87.6	16.9	26.5	37.8	21.3	15.2	47.6

Available Fin Profit & Loss

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	3	2	1	1	1	1	1	1	0
Other Income	0	0	0	0	0	0	0	0	0
Total Income	3	2	1	1	1	1	1	1	0
Total Expenditure	0	0	2	0	0	0	0	0	0
Operating Profit	3	2	-1	0	1	0	0	0	0
Interest Expense	3	1	1	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	0	-1	-0	1	0	0	0	0
Provision for Tax	0	0	-0	0	0	-0	0	0	0
Profit After Tax	0	0	-1	-0	1	0	0	0	0
Adjustments	8	30	46	35	0	85	209	172	125
Profit After Adjustments	8	30	44	35	1	85	209	172	126
Adjusted Earnings Per Share	8.2	29.4	43.3	34.6	0.9	83.3	204.8	168.7	121.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	0%	0%	0%
Operating Profit CAGR	0%	-100%	0%	0%
PAT CAGR	0%	-100%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	104%	132%	106%	32%
ROE Average	0%	0%	0%	0%
ROCE Average	0%	0%	0%	0%

Available Fin Balance Sheet

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	115	182	218	256	274	482	741	943
Minority's Interest	0	0	0	0	0	0	0	0
Borrowings	4	2	2	2	2	2	2	0
Current Liability	15	6	6	2	0	0	0	0
Other Liabilities & Provisions	0	0	0	0	0	0	0	0
Total Liabilities	135	190	226	259	275	484	743	943
Loans	0	0	0	0	0	0	0	0
Investments	115	182	219	257	275	477	736	937
Fixed Assets	0	0	0	0	0	0	0	0
Other Loans	0	0	0	0	1	1	0	0
Other Non Current Assets	0	0	0	0	0	0	0	0
Current Assets	19	7	6	2	0	7	8	6
Total Assets	135	190	226	259	275	484	743	943

Available Fin Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	0	0	1	0
Cash Flow from Operating Activities	-0	-0	-0	3	-6	-1	2
Cash Flow from Investing Activities	0	0	0	-1	6	0	0
Cash Flow from Financing Activities	0	0	0	-2	0	0	-2
Net Cash Inflow / Outflow	-0	-0	-0	-0	0	-1	0
Closing Cash & Cash Equivalent	0	0	0	0	1	0	0

Available Fin Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	8.18	29.42	43.27	34.59	0.94	83.28	204.78	168.74
CEPS(Rs)	0.19	0.21	-1.37	-0.03	0.94	0.37	0.35	0.21
DPS(Rs)	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	113.04	178.39	213.63	250.58	268.12	472.84	726.51	923.79
Net Profit Margin	4.18	8.78	-145.06	-4.92	87.51	67.44	55.89	35.95
Operating Margin	90.68	89.83	-68.87	61.4	91.9	66.21	70.74	66.8
PBT Margin	6.93	13.02	-147.08	-3.4	89.4	66.21	70.74	55.56
ROA(%)	0.1	0.11	-0.68	-0.01	0.36	0.1	0.06	0.03
ROE(%)	0.12	0.12	-0.7	-0.01	0.36	0.1	0.06	0.03
ROCE(%)	2.2	1.08	-0.32	0.14	0.38	0.1	0.07	0.05
Price/Earnings(x)	0	0.17	0.19	0.24	0	0.15	0.65	0.78
Price/Book(x)	0	0.03	0.04	0.03	0	0.03	0.18	0.14
Dividend Yield(%)	0	0	0	0	0	0	0	0
EV/Net Sales(x)	8.95	6.41	16.29	21.5	11.04	26.01	216	227.77
EV/Core EBITDA(x)	9.54	6.95	-23.66	35.01	12.01	39.29	305.3	340.62
Interest Earned Growth(%)	0	-40.37	-50.38	-41.93	94.7	-49.44	14.83	-7.08
Net Profit Growth	0	25.07	-920.19	98.03	3560.75	-61.04	-4.84	-40.23
EPS Growth(%)	0	259.48	47.09	-20.07	-97.29	8783.09	145.9	-17.6
Interest Coverage(x) %	1.08	1.17	-0.88	0.95	36.66	0	0	5.94

Available Fin Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	61.81	61.81	61.81	61.81	61.81	61.81	61.81	61.81	66.32	66.32
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	38.19	38.19	38.19	38.19	38.19	38.19	38.19	38.19	33.68	33.68
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.63	0.63	0.63	0.63	0.63	0.63	0.63	0.63	0.68	0.68
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.34	0.34
Others	0	0	0	0	0	0	0	0	0	0
Total	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.02

Pros

Stock is trading at 0.3 times its book value
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of 0% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.