Explicit Finance

₹5.4 -0.5 | 8.5%

WEBSITE BSE:530571 NSE : EXPLICIT FIN 17 May, 10:15

Market Cap ₹5 Cr.

Stock P/E 82.1

P/B 0.6

Current Price ₹5.4

Book Value ₹ 8.7

Face Value 10

52W High ₹8.8

Dividend Yield 0%

52W Low ₹ 3

Edit Ratio

Explicit Finance Research see more...

Overview Inc. Year: 1994Industry: Finance - NBFC

Explicit Finance Ltd operates as a NBFC in India. The organisation presents individual/corporate finance and financial consultancy offerings, in addition to loans towards stocks and securities, and belongings. It also engages inside the trading of securities and investment activities. The business enterprise was previously referred to as Shubhyog Finlease Ltd. Explicit Finance Ltd was founded in 1994 and is based in Thane, India.

Explicit Finance Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Explicit Finance Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Operating Revenue	3	3	4	3	4	10	9	0	3	3
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	3	3	4	3	4	10	9	0	3	3
Total Expenditure	3	2	3	4	5	10	9	0	3	3
Operating Profit	0	0	0	-1	-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	-1	-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	-1	-0	-0	-0	-0	-0	0
Adjustments	0	0	0	0	0	0	-0	-0	0	-0
Profit After Adjustments	0	0	0	-1	-0	-0	-0	-0	-0	0
Adjusted Earnings Per Share	0.2	0.3	0.3	-1.2	-0.4	-0.1	-0.1	-0.1	-0.1	0.4

Explicit Finance Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	2	8	7	6	6	12	5	7	6	12	22	15
Other Income	0	0	0	0	0	0	0	0	0	1	1	0
Total Income	2	8	7	6	6	12	5	7	7	12	23	15
Total Expenditure	2	8	7	6	6	12	5	7	7	13	23	15
Operating Profit	-0	-0	0	0	-0	-0	-0	-0	-0	-0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-0	-0	-0	0	-0	-0	-0	-0	-0	-0	0	0
Provision for Tax	0	0	-0	0	0	0	0	0	0	0	0	0
Profit After Tax	-0	-0	-0	0	-0	-0	-0	-0	-0	-0	0	0
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-0	-0	-0	0	-0	-0	-0	-0	-0	-0	0	0
Adjusted Earnings Per Share	-0	-0.1	-0	0	-0.4	-0.1	-0.1	-0	-0	-0.3	0	0.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	83%	46%	13%	27%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	16%	44%	19%	-8%
ROE Average	0%	-1%	-1%	-1%
ROCE Average	0%	-1%	-1%	-1%

Explicit Finance Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	9	9	9	9	8	8	8	8	8	8	8
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Current Liability	1	0	0	0	0	0	0	0	0	0	0
Other Liabilities & Provisions	0	0	0	0	0	0	0	0	0	0	0
Total Liabilities	10	9	9	9	9	8	8	8	9	8	8
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	1	1	0	0	0	0
Fixed Assets	0	0	0	0	0	0	0	0	0	0	0
Other Loans	0	0	0	0	0	0	0	0	6	6	6
Other Non Current Assets	0	0	0	0	0	0	0	0	0	0	0
Current Assets	9	9	9	9	9	8	7	8	2	2	2
Total Assets	10	9	9	9	9	8	8	8	9	8	8

Explicit Finance Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	0	0	0	0	0	0	0	1
Cash Flow from Operating Activities	-2	0	-0	0	-0	1	-0	-0	-1	0	1
Cash Flow from Investing Activities	-0	0	0	0	0	-1	0	0	1	0	-0
Cash Flow from Financing Activities	2	-0	0	-0	0	-0	-0	-0	0	0	0
Net Cash Inflow / Outflow	-0	0	-0	0	-0	0	-0	-0	0	0	1
Closing Cash & Cash Equivalent	0	0	0	0	0	0	0	0	0	1	2

Explicit Finance Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	-0.03	-0.08	-0	0	-0.39	-0.15	-0.09	-0.02	-0.03	-0.3	0.01
CEPS(Rs)	-0.02	-0.07	0.01	0.01	-0.38	-0.14	-0.09	-0.02	-0.03	-0.29	0.01
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	9.56	9.48	9.48	9.48	9.1	8.95	8.55	8.39	8.81	8.51	8.52
Net Profit Margin	-1.27	-0.88	-0	0.01	-6.53	-1.12	-1.87	-0.25	-0.47	-2.37	0.04
Operating Margin	-1.23	-0.86	0.16	0.46	-1.08	-1.11	-1.86	-0.25	-0.47	-2.37	0.07
PBT Margin	-1.25	-0.86	-0.01	0.08	-1.08	-1.12	-1.87	-0.25	-0.47	-2.37	0.04
ROA(%)	-0.28	-0.76	-0	0.01	-4.12	-1.6	-1.03	-0.22	-0.35	-3.33	0.1
ROE(%)	-0.33	-0.79	-0	0.01	-4.19	-1.64	-1.05	-0.23	-0.37	-3.42	0.11
ROCE(%)	-0.28	-0.75	0.13	0.29	-0.69	-1.62	-1.04	-0.23	-0.37	-3.42	0.21
Price/Earnings(x)	0	0	0	0	0	0	0	0	0	0	0
Price/Book(x)	0.42	1.33	0	0.79	0.45	0.28	0.26	0.22	0.2	0.44	0
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	2.2	1.47	1.31	1.23	0.69	0.16	0.45	0.23	0.2	0.24	0.34
EV/Core EBITDA(x)	-222.05	-179.82	431.33	191.03	-73.08	-15.03	-24.68	-92.59	-43.77	-10.14	385.74
Interest Earned Growth(%)	-88.77	332.63	-8.7	-21.64	-2.07	120.44	-62.72	58.18	-13.21	85.45	92.71
Net Profit Growth	-131.17	-198.63	99.53	261.42	0	62.15	37.94	78.97	-65.31	-829.83	103.03
EPS Growth(%)	-119.4	-198.8	99.53	261.42	0	62.15	37.97	78.91	-64.77	-830.82	103.04
Interest Coverage(x) %	-88.24	-434.64	0.96	1.2	-204.13	-146.56	-285.62	-108.35	0	0	2

Explicit Finance Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	12.09	12.09	12.09	12.09	12.09	12.09	12.09	12.09	12.09	12.09
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	87.91	87.91	87.91	87.91	87.91	87.91	87.91	87.91	87.91	87.91
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	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.81	0.81
Others	0	0	0	0	0	0	0	0	0	0
Total	0.93	0.93	0.93	0.93	0.93	0.93	0.93	0.93	0.93	0.93

Pros

Stock is trading at 0.6 times its book value
Debtor days have improved from 1.58 to 0.46days.
Company is almost debt free.

Cons

Promoter holding is low: 12.09%.
Company has a low return on equity of -1% 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.