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IM+ Capitals

₹848 11.1 | 1.3%

Market Cap ₹1011 Cr.

Stock P/E 6.5

P/B 2.5

Current Price ₹848

Book Value ₹ 334

Face Value 10

52W High ₹945

Dividend Yield 0%

52W Low ₹ 400

IM+ Capitals Research see more...

Overview Inc. Year: 1991Industry: Finance - Investment

IM+ Capitals Ltd is a dynamic and innovative financial company specializing in capital investment and wealth management. With a solid reputation for delivering exceptional results, IM+ Capitals is committed to helping its clients achieve their financial goals. The company combines deep industry knowledge with advanced analytics and cutting-edge technology to provide comprehensive investment solutions tailored to each client's unique needs. IM+ Capitals offers a diverse range of investment options, including equities, bonds, commodities, and alternative assets, allowing clients to create a well-diversified portfolio. With a team of experienced professionals, IM+ Capitals provides expert guidance and personalized strategies to navigate the complexities of the financial markets. Transparency, integrity, and a client-centric approach are at the core of IM+ Capitals' philosophy, ensuring that clients receive the highest level of service and support in their financial endeavors.

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IM+ Capitals Share Price

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IM+ Capitals 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
Net Sales 1 15 25 0 20 25 56 74 124 188
Other Income 0 7 62 0 5 4 8 7 25 5
Total Income 1 22 87 0 26 29 64 81 148 193
Total Expenditure 0 37 16 0 18 27 52 73 113 149
Operating Profit 1 -15 71 0 8 2 12 7 36 44
Interest 0 0 0 0 0 0 0 1 1 1
Depreciation 0 1 1 0 1 1 0 0 1 1
Exceptional Income / Expenses 0 721 0 0 0 0 0 0 0 0
Profit Before Tax 0 706 70 0 7 2 12 6 35 42
Provision for Tax 0 0 -2 0 0 0 -1 1 0 0
Profit After Tax 0 706 72 0 7 2 12 5 34 42
Adjustments 0 0 0 0 -0 -0 0 -0 0 -0
Profit After Adjustments 0 706 72 0 7 2 12 5 34 42
Adjusted Earnings Per Share 1 2014.6 205.3 0.4 20.4 5.1 35.4 7.7 40.5 46.9

IM+ Capitals 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
Net Sales 10 5 5 9 10 8 7 6 4 49 115 442
Other Income 1 0 0 0 0 0 0 0 1 69 19 45
Total Income 11 5 5 9 10 8 7 6 5 118 134 486
Total Expenditure 4 5 3 4 6 4 3 4 2 78 112 387
Operating Profit 7 0 1 6 4 4 4 2 4 40 23 99
Interest 0 0 0 3 4 4 2 1 0 2 0 3
Depreciation 0 0 0 0 0 0 0 0 0 10 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 721 0 0
Profit Before Tax 7 0 1 3 -0 1 2 2 3 748 20 95
Provision for Tax 2 0 0 1 0 1 1 0 1 -1 -1 0
Profit After Tax 5 0 1 2 -0 0 2 1 2 750 21 93
Adjustments 0 0 0 0 1 1 0 0 -1 -692 0 0
Profit After Adjustments 5 0 1 2 1 1 2 1 2 57 21 93
Adjusted Earnings Per Share 13.1 0.4 2.2 5.6 2.5 2.1 4.5 3.1 4.8 163.7 59.2 130.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 135% 168% 70% 28%
Operating Profit CAGR -43% 126% 42% 13%
PAT CAGR -97% 176% 0% 15%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 96% 144% 119% 34%
ROE Average 11% 243% 147% 68%
ROCE Average 10% 233% 142% 67%

IM+ Capitals 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 52 52 53 55 57 58 60 61 63 148 237
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 7 37 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 1 0 1 0 12 11
Total Current Liabilities 9 0 0 8 47 27 18 16 8 14 47
Total Liabilities 61 52 61 100 104 86 78 77 71 174 297
Fixed Assets 0 0 0 0 0 0 0 1 0 67 65
Other Non-Current Assets 9 14 52 77 41 33 24 39 8 11 97
Total Current Assets 52 38 8 22 63 52 54 37 63 96 129
Total Assets 61 52 61 100 104 86 78 77 71 174 297

IM+ Capitals 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 2 0 0 5 11 1 1 1 3 24 3
Cash Flow from Operating Activities -6 -27 -2 -29 -2 -3 -4 6 -11 -64 -18
Cash Flow from Investing Activities 4 28 -1 7 -5 13 16 -10 44 34 -82
Cash Flow from Financing Activities -0 -0 7 32 -3 -10 -12 6 -22 9 98
Net Cash Inflow / Outflow -2 0 4 10 -11 0 0 2 10 -21 -3
Closing Cash & Cash Equivalent 0 0 5 15 1 1 1 3 13 3 1

IM+ Capitals 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) 13.05 0.35 2.18 5.65 2.46 2.05 4.47 3.09 4.85 163.67 59.17
CEPS(Rs) 13.08 0.35 2.18 5.74 -1 0.35 4.62 3.27 7.22 2169.34 65.07
DPS(Rs) 1 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 148.73 149.08 151.26 156.91 163.12 165.37 169.95 174.01 178.89 421.44 665.37
Core EBITDA Margin(%) 59.22 2.69 24.5 59.05 43.04 53.6 62.02 35.61 62.74 -59.74 3.05
EBIT Margin(%) 67.23 4.12 24.45 62.16 42.7 53.3 62.76 37.1 89.83 1533.67 17.71
Pre Tax Margin(%) 67.23 4.05 23.19 28.07 -0.21 7.83 32.53 25.08 82.65 1529.06 17.34
PAT Margin (%) 44.58 2.57 16.87 22.18 -4.56 0.66 23.11 17.83 57.54 1531.68 17.96
Cash Profit Margin (%) 44.66 2.57 16.91 22.56 -3.52 1.51 23.84 19.01 59.83 1552 19.75
ROA(%) 7.77 0.22 1.35 2.46 -0.45 0.06 1.91 1.39 3.28 610.91 8.79
ROE(%) 9.14 0.24 1.45 3.67 -0.81 0.09 2.67 1.78 3.93 713.24 10.89
ROCE(%) 13.79 0.38 1.96 7.14 4.41 4.86 5.55 3.25 5.76 684.46 9.66
Receivable days 0 0 0 0 0 29.7 29.65 34.67 90.9 151.43 163.63
Inventory Days 0 24.32 0 0 0 0 0 0 0 59.17 24.07
Payable days 0 274.61 13.5 0 0 0 0 0 0 19.17 26.73
PER(x) 8.71 187.42 14.27 4 19.26 23.56 4.75 6.77 11.42 0.49 6.49
Price/Book(x) 0.76 0.44 0.21 0.14 0.29 0.29 0.13 0.12 0.31 0.19 0.58
Dividend Yield(%) 0.88 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 3.86 4.73 2.95 3.73 5.7 4.75 2.93 1.41 2.5 0.41 1.42
EV/Core EBITDA(x) 5.73 114.8 12.04 5.97 13.04 8.78 4.62 3.67 2.72 0.5 7.29
Net Sales Growth(%) -21.5 -53.16 -5.92 97.28 11.77 -18.35 -16.67 -11.25 -29.81 1058.95 135.74
EBIT Growth(%) 41.36 -97.13 458.02 401.58 -23.22 1.91 -1.88 -47.54 69.97 0 -97.28
PAT Growth(%) 23.08 -97.3 518.04 159.49 -123 111.81 2817.08 -31.52 126.51 0 -97.24
EPS Growth(%) 23.08 -97.3 518.05 159.49 -56.37 -16.72 118.05 -31.04 57.06 3277.49 -63.85
Debt/Equity(x) 0 0 0.14 0.73 0.72 0.39 0.22 0.06 0.07 0.03 0.14
Current Ratio(x) 5.66 305.46 56.09 2.94 1.33 1.91 3.03 2.4 7.62 6.68 2.71
Quick Ratio(x) 5.66 302.9 56.09 2.94 1.34 1.91 3.03 2.4 7.62 6.13 2.56
Interest Cover(x) 0 58.12 19.48 1.82 1 1.17 2.08 3.09 12.52 333.04 47.36
Total Debt/Mcap(x) 0 0 0.67 5.06 2.47 1.33 1.79 0.52 0.22 0.17 0.25

IM+ Capitals Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 57.28 57.28 57.28 57.28 58.41 58.41 60.07 62.7 63.07 63.07
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 42.72 42.72 42.72 42.72 41.59 41.59 39.93 37.3 36.93 36.93
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 243%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 19.17 to 26.73days.

* 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.

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