Indostar Capital Fin

₹229 4.7 | 2.1%

WEBSITE BSE:541336 NSE : INDOSTAR 10 May, 16:01

Market Cap ₹3116 Cr.

Stock P/E 26.9

P/B 1

Current Price ₹229

Book Value ₹ 237.7

Face Value 10

52W High ₹280

Dividend Yield 0%

52W Low ₹ 134

Edit Ratio

Indostar Capital Fin Research see more...

Overview Inc. Year: 2009Industry: Finance - NBFC

IndoStar Capital Finance Ltd, a NBFC, presents numerous financing offerings to corporates, small and medium enterprises, and person clients in India. The organisation operates via 4 segments: Large Corporate, SME, Commercial Vehicle, and Housing Finance. It offers corporate lending products, inclusive of secured company lending, real estate financing, capital market financing, specific scenario and acquisition financing, and debt capital marketplace solutions. The organization additionally provides SME lending merchandise for working capital, and commercial enterprise expansion or different monetary necessities; vehicle finance; and housing finance. The corporation incorporated in 2009 and is primarily based in Mumbai, India. IndoStar Capital Finance Ltd operates as a subsidiary of BCP V Multiple Holdings Pvt. Ltd.

Indostar Capital Fin Share Price

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Peer Comparison

Indostar Capital Fin Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Operating Revenue	278	341	314	294	281	285	299	313	306	474
Other Income	11	0	0	0	0	4	0	0	1	3
Total Income	288	341	314	295	282	289	299	313	307	478
Total Expenditure	134	1112	90	82	97	52	95	111	107	234
Operating Profit	154	-771	224	213	184	237	204	203	200	244
Interest Expense	125	139	148	146	135	150	154	165	172	195
Depreciation	9	10	10	10	10	9	8	8	9	9
Profit Before Tax	20	-920	66	56	39	77	42	30	19	39
Provision for Tax	5	-166	6	5	2	1	3	5	2	4
Profit After Tax	15	-754	61	52	37	76	39	25	17	35
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	15	-754	61	52	37	76	39	25	17	35
Adjusted Earnings Per Share	1.1	-55.4	4.5	3.8	2.7	5.6	2.9	1.8	1.2	2.6

Indostar Capital Fin Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	395	528	644	719	789	1206	1597	1280	1163	1174	1392
Other Income	8	0	0	1	9	3	1	14	15	533	4
Total Income	403	528	644	720	798	1209	1599	1294	1177	1708	1397
Total Expenditure	41	43	61	83	156	248	1142	771	1499	849	547
Operating Profit	362	485	583	637	643	961	457	523	-321	858	851
Interest Expense	192	258	289	312	326	564	863	709	540	580	686
Depreciation	1	1	1	2	5	18	30	34	35	40	34
Profit Before Tax	169	226	293	323	312	379	-437	-219	-896	239	130
Provision for Tax	57	77	102	112	112	138	-112	-5	-160	13	14
Profit After Tax	112	149	192	211	200	241	-325	-214	-737	225	116
Adjustments	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	112	149	192	211	200	241	-325	-214	-737	225	116
Adjusted Earnings Per Share	0	0	0	0	0	26.1	-35.1	-17.3	-58.4	16.5	8.5

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	1%	-10%	8%	0%
Operating Profit CAGR	0%	23%	6%	0%
PAT CAGR	0%	0%	2%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	67%	-9%	-9%	NA%
ROE Average	8%	-7%	-5%	3%
ROCE Average	9%	3%	5%	9%

Indostar Capital Fin Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	1136	1285	1542	1903	2075	3006	2681	3698	2929	3112
Minority's Interest	0	0	0	0	0	0	0	0	0	0
Borrowings	1192	1614	1759	1911	2960	6459	5355	4732	4342	3993
Current Liability	874	1253	1368	1641	2156	2833	2088	1649	2387	2011
Other Liabilities & Provisions	61	17	15	18	-60	-16	-125	-140	-314	-309
Total Liabilities	3262	4170	4683	5472	7131	12283	9999	9939	9345	8806
Loans	2128	2423	3088	3924	5900	10364	8293	7139	7707	6516
Investments	61	55	0	63	0	0	0	188	231	183
Fixed Assets	1	1	3	9	56	370	421	387	399	390
Other Loans	0	0	2	3	5	9	7	10	45	276
Other Non Current Assets	19	15	9	6	8	0	0	0	0	0
Current Assets	1053	1675	1580	1467	1161	1539	1278	2215	963	1441
Total Assets	3262	4170	4683	5472	7131	12283	9999	9939	9345	8806

Indostar Capital Fin Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	262	427	212	352	57	128	1084	168	279	80
Cash Flow from Operating Activities	-383	-588	-543	-690	-547	-2091	1710	1068	-1564	899
Cash Flow from Investing Activities	32	-226	317	-194	-842	260	-2272	-992	1165	-259
Cash Flow from Financing Activities	516	599	365	589	1459	2787	-354	35	200	-540
Net Cash Inflow / Outflow	165	-215	139	-294	71	956	-916	111	-199	99
Closing Cash & Cash Equivalent	427	212	352	57	128	1084	168	279	80	180

Indostar Capital Fin Ratios

#	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	0	0	0	0	26.1	-35.11	-17.3	-58.42	16.55
CEPS(Rs)	16.54	21.9	26.2	27.14	26.06	28.08	-31.86	-14.6	-51.52	19.45
DPS(Rs)	0	0	0	0	0	2	1	0	0	0
Book NAV/Share(Rs)	0	0	0	0	0	318.6	280.78	293.58	210.04	227.14
Net Profit Margin	28.42	28.22	29.76	29.31	25.39	19.97	-20.32	-16.73	-63.35	19.17
Operating Margin	91.56	91.68	90.45	88.26	80.87	78.2	26.71	38.27	-30.69	69.73
PBT Margin	42.89	42.81	45.53	44.91	39.61	31.45	-27.34	-17.1	-77.09	20.32
ROA(%)	3.44	4.01	4.33	4.15	3.18	2.48	-2.91	-2.15	-7.64	2.48
ROE(%)	9.87	12.31	13.56	12.24	10.22	9.71	-11.73	-6.88	-22.69	7.57
ROCE(%)	11.91	14.05	13.87	12.93	10.48	9.94	3.9	5.02	-3.78	9.14
Price/Earnings(x)	0	0	0	0	0	16.06	0	0	0	6.29
Price/Book(x)	0	0	0	0	0	1.32	0.89	1.06	1.01	0.46
Dividend Yield(%)	0	0	0	0	0	0.48	0.4	0	0	0
EV/Net Sales(x)	3.8	4.08	4.22	4.71	6.05	9.79	5.58	7.32	7.41	5.66
EV/Core EBITDA(x)	4.14	4.45	4.66	5.32	7.43	12.29	19.5	17.9	-26.79	7.75
Interest Earned Growth(%)	0	33.83	21.96	11.69	9.68	52.82	32.5	-19.89	-9.15	1
Net Profit Growth	0	32.91	28.59	9.99	-4.97	20.2	-234.81	34.05	-244	130.57
EPS Growth(%)	0	0	0	0	0	0	-234.53	50.72	-237.62	128.32
Interest Coverage(x) %	1.88	1.88	2.01	2.04	1.96	1.67	0.49	0.69	-0.66	1.41

Indostar Capital Fin Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	89.21	89.21	89.21	89.21	89.21	89.21	75	75	75	75
FII	1.17	1.26	1.2	1.21	1.18	1.16	1.29	1.38	1.33	1.49
DII	2.33	1.59	1.54	1.54	1.54	1.54	1.74	1.8	1.84	1.77
Public	7.29	7.94	8.04	8.04	8.07	8.08	21.97	21.82	21.83	21.74
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	12.14	12.14	12.14	12.14	12.14	12.14	10.21	10.21	10.21	10.21
FII	0.16	0.17	0.16	0.16	0.16	0.16	0.18	0.19	0.18	0.2
DII	0.32	0.22	0.21	0.21	0.21	0.21	0.24	0.25	0.25	0.24
Public	0.99	1.08	1.09	1.09	1.1	1.1	2.99	2.97	2.97	2.96
Others	0	0	0	0	0	0	0	0	0	0
Total	13.61	13.61	13.61	13.61	13.61	13.61	13.61	13.61	13.61	13.61

Pros

Company has reduced debt.

Cons

Company has a low return on equity of -7% over the last 3 years.
Earnings include an other income of Rs. 533 Cr.
The company has delivered a poor profit growth of 2% over past five 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.