Nalin Lease Finance

₹44.5 -0.8 | 1.7%

WEBSITE BSE:531212 NSE : NLFL 18 May, 12:50

Market Cap ₹29 Cr.

Stock P/E 7.6

P/B 0.9

Current Price ₹44.5

Book Value ₹ 48.1

Face Value 10

52W High ₹72.5

Dividend Yield 0%

52W Low ₹ 31

Edit Ratio

Nalin Lease Finance Research see more...

Overview Inc. Year: 1990Industry: Finance - NBFC

Nalin Lease Finance Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Nalin Lease Finance 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	1	1	1	2	2	1	2	2	2	2
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	1	2	1	2	2	1	2	2	2	2
Total Expenditure	1	0	0	0	0	1	0	0	1	1
Operating Profit	1	1	1	1	1	1	1	2	2	1
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	1	1	1	1	1	1	1	1	2	1
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	1	1	1	1	1	1	1	1	1
Adjustments	0	0	-0	0	0	0	0	0	0	0
Profit After Adjustments	0	1	1	1	1	1	1	1	1	1
Adjusted Earnings Per Share	0.7	1.3	1.1	1.2	1.3	0.9	1.2	1.6	1.6	1.5

Nalin Lease 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	3	3	3	2	3	4	4	5	5	6	6	8
Other Income	0	0	0	0	0	0	0	0	0	0	0	0
Total Income	4	3	3	2	3	4	4	5	5	6	6	8
Total Expenditure	2	2	2	1	1	1	1	2	1	2	2	2
Operating Profit	1	1	1	1	2	2	3	4	4	4	4	6
Interest Expense	0	0	0	0	0	1	1	1	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	1	1	1	1	1	2	3	3	4	4	5
Provision for Tax	0	0	0	0	0	0	1	1	1	1	1	0
Profit After Tax	1	1	1	1	1	1	2	2	3	3	3	4
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	1	1	1	1	2	2	3	3	3	4
Adjusted Earnings Per Share	2	2	2.3	2.2	2.8	3.1	2.6	3	3.8	4	4.6	5.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	6%	8%	7%
Operating Profit CAGR	0%	0%	15%	15%
PAT CAGR	0%	14%	25%	12%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	23%	26%	28%	14%
ROE Average	11%	11%	11%	10%
ROCE Average	15%	15%	15%	14%

Nalin Lease 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	7	8	8	9	10	11	18	20	22	25	28
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	4	1	3	1	4	8	7	5	1	1	3
Other Liabilities & Provisions	0	0	0	0	0	0	-0	-0	-0	-0	-0
Total Liabilities	11	8	11	10	14	19	24	25	23	26	30
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	0	1	0	0	0	0	0	0	0	0	0
Fixed Assets	0	0	1	0	0	0	0	0	0	1	1
Other Loans	0	0	0	0	3	4	0	0	0	0	0
Other Non Current Assets	0	0	0	0	0	0	0	0	0	0	0
Current Assets	10	7	11	10	10	14	24	25	23	26	29
Total Assets	11	8	11	10	14	19	24	25	23	26	30

Nalin Lease 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	2	2	1	3	1	0	0	0	3	0	0
Cash Flow from Operating Activities	1	3	-0	-0	-4	-4	1	4	2	1	4
Cash Flow from Investing Activities	-0	-1	0	-0	0	0	0	0	-1	-1	-4
Cash Flow from Financing Activities	-1	-3	2	-1	3	4	-1	-2	-4	-0	1
Net Cash Inflow / Outflow	-0	-1	2	-2	-1	-0	0	3	-3	0	0
Closing Cash & Cash Equivalent	2	1	3	1	0	0	0	3	0	0	1

Nalin Lease 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)	1.97	2	2.3	2.18	2.84	3.11	2.63	3.03	3.85	3.97	4.56
CEPS(Rs)	2.1	2.14	2.75	2.46	3.11	3.3	2.73	3.21	4.05	4.12	4.79
DPS(Rs)	0	0	0	0	0	0	0	0	0.5	0	0
Book NAV/Share(Rs)	21.04	23.08	25.44	27.69	30.18	33.29	27.3	30.33	34.18	37.65	42.21
Net Profit Margin	18.87	21.83	26.25	30.43	34.49	28.68	38.49	39.95	51.63	46.47	51.78
Operating Margin	38.48	38.87	38.23	48.22	56.08	63.9	73.89	71.33	69.77	64.76	70.82
PBT Margin	27.03	31.19	36.73	47.01	50.85	39.98	52.67	55.57	67.68	62.68	69.16
ROA(%)	5.96	6.9	7.79	6.59	7.62	6.26	8.02	8.03	10.4	10.5	10.62
ROE(%)	9.83	9.08	9.49	8.19	9.82	9.79	11.98	10.53	11.93	11.04	11.43
ROCE(%)	12.52	12.72	11.73	10.83	12.75	14.17	15.64	14.7	14.56	15.19	15.06
Price/Earnings(x)	0	5.37	0	5.17	3.45	6.57	5.4	7.57	4.85	8.31	7.17
Price/Book(x)	0	0.47	0	0.41	0.32	0.61	0.52	0.76	0.55	0.88	0.78
Dividend Yield(%)	0	0	0	0	0	0	0	0	2.68	0	0
EV/Net Sales(x)	1.45	1.01	0.93	1.49	2.43	3.95	3.27	3.26	2.48	3.86	3.82
EV/Core EBITDA(x)	3.66	2.43	2.14	2.86	4.09	5.98	4.34	4.42	3.42	5.8	5.2
Interest Earned Growth(%)	11.73	-12	-4.4	-18.5	15.19	31.46	26.71	11.29	-1.83	14.46	3.28
Net Profit Growth	20.65	1.83	14.94	-5.51	30.53	9.34	70.04	15.5	26.89	3.02	15.08
EPS Growth(%)	20.65	1.83	14.94	-5.51	30.52	9.34	-15.42	15.5	26.89	3.02	15.08
Interest Coverage(x) %	3.36	5.06	25.5	39.95	10.72	2.67	3.48	4.53	33.24	31.1	42.81

Nalin Lease Finance Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	70.15	70.37	71.04	71.04	71.04	71.04	71.04	71.04	71.2	71.39
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	29.85	29.63	28.96	28.96	28.96	28.96	28.96	28.96	28.8	28.61
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	0.46	0.46	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.2	0.19	0.19	0.19	0.19	0.19	0.19	0.19	0.19	0.19
Others	0	0	0	0	0	0	0	0	0	0
Total	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66

Pros

Stock is trading at 0.9 times its book value
Company has delivered good profit growth of 24% CAGR over last 5 years
Company is almost debt free.

Cons

Company has a low return on equity of 11% 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.