Paragon Finance

₹55.6 2.6 | 4.9%

WEBSITE BSE:531255 NSE : PARAGON FIN. 18 May, 12:50

Market Cap ₹24 Cr.

Stock P/E 13.5

P/B 0.8

Current Price ₹55.6

Book Value ₹ 67.3

Face Value 10

52W High ₹80.8

Dividend Yield 0%

52W Low ₹ 29

Edit Ratio

Paragon Finance Research see more...

Overview Inc. Year: 1986Industry: Finance - NBFC

Paragon Finance Ltd is a NBFC. The Company is engaged in providing loan against safety of motors, investment in shares and mutual fund, and finance commercial enterprise concerns, people and businesses, among others. Its predominant business activities comprises interest on mortgage and profits from funding in stocks. It is an car finance, real estate initiatives development, construction and planner, investment business enterprise. The Company has operations in Jharkhand, Bihar, West Bengal and Bangalore.

Paragon Finance Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Paragon Finance Quarterly Results

#(Fig in Cr.)	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Operating Revenue	1	1	1	0	0	1	1	1	1	1
Other Income	1	0	0	0	0	0	1	0	0	-0
Total Income	1	1	1	0	0	1	2	1	1	1
Total Expenditure	1	1	1	0	1	0	0	1	0	1
Operating Profit	0	0	0	0	-0	0	2	1	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	2	1	0	-1
Provision for Tax	0	0	0	0	0	0	0	0	-0	-0
Profit After Tax	0	0	0	0	-0	0	1	1	0	-0
Adjustments	-0	0	0	-0	0	0	0	-0	0	-0
Profit After Adjustments	0	0	0	0	-0	0	1	1	0	-0
Adjusted Earnings Per Share	0.1	0.3	0.6	0.4	-1.1	0	3.2	1.6	0.5	-1.2

Paragon 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	5	5	5	3	4	4	4	4	3	3	2	4
Other Income	0	0	1	1	2	1	0	0	0	0	0	1
Total Income	6	5	6	4	6	5	4	4	3	3	2	5
Total Expenditure	2	3	3	2	3	2	2	2	3	2	2	2
Operating Profit	3	3	3	2	3	3	2	2	0	1	0	3
Interest Expense	2	2	2	1	1	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	1	1	1	2	3	2	2	0	1	-0	2
Provision for Tax	0	0	0	0	1	1	1	0	0	0	0	0
Profit After Tax	1	1	1	0	2	2	1	2	0	1	-0	2
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	1	0	2	2	1	2	0	1	-0	2
Adjusted Earnings Per Share	2.2	1.5	1.5	1.1	4.2	4.9	2.6	3.7	0.7	1.6	-0.3	4.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-33%	-21%	-13%	-9%
Operating Profit CAGR	-100%	-100%	-100%	-100%
PAT CAGR	-100%	-100%	-100%	-100%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	41%	46%	39%	19%
ROE Average	-0%	1%	3%	4%
ROCE Average	-0%	2%	4%	7%

Paragon 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	17	17	18	18	20	22	24	25	26	27	27
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	16	16	9	6	7	1	1	2	0	0	0
Current Liability	6	3	4	3	3	1	0	0	1	1	2
Other Liabilities & Provisions	1	1	1	1	1	2	1	0	1	0	-0
Total Liabilities	40	37	31	28	31	26	26	28	28	28	28
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	5	5	6	6	6	5	4	3	3	10	17
Fixed Assets	1	1	1	1	1	0	0	0	0	0	0
Other Loans	10	9	5	4	8	8	1	1	1	1	1
Other Non Current Assets	0	0	0	0	0	0	0	0	0	0	2
Current Assets	24	22	20	17	17	13	21	23	23	18	9
Total Assets	40	37	31	28	31	26	26	28	28	28	28

Paragon 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	1	1	2	2	2	2	1	2	2	7	3
Cash Flow from Operating Activities	3	3	6	4	-2	4	1	-1	5	2	5
Cash Flow from Investing Activities	-0	-0	-0	-1	1	1	1	-0	2	-6	-7
Cash Flow from Financing Activities	-2	-2	-6	-3	1	-7	-0	1	-2	0	1
Net Cash Inflow / Outflow	0	1	0	0	-0	-2	1	0	5	-4	-2
Closing Cash & Cash Equivalent	1	2	2	2	2	1	2	2	7	3	1

Paragon 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)	2.16	1.48	1.52	1.13	4.16	4.88	2.61	3.71	0.7	1.6	-0.31
CEPS(Rs)	2.41	1.93	2.2	1.6	4.57	5.22	2.86	3.87	0.83	1.8	0.04
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	39.03	40.5	42.03	43.16	47.32	52.2	56.94	58.22	61	63.63	62.77
Net Profit Margin	17.52	12.31	13.21	15.36	47.48	53.31	27.89	36.07	9.73	25.5	-7.64
Operating Margin	64.5	52.1	48.82	48.86	85.79	79.11	47.19	47.8	13.75	34.19	-4.03
PBT Margin	22.9	16.71	17.22	18.82	62.48	66.68	45.17	45.34	11.81	33.31	-5.64
ROA(%)	2.27	1.63	1.9	1.62	5.95	7.28	4.25	5.85	1.07	2.43	-0.46
ROE(%)	5.68	3.71	3.69	2.66	9.19	9.8	4.78	6.44	1.17	2.57	-0.49
ROCE(%)	9.18	7.45	7.53	5.5	11.35	11.56	7.58	7.91	1.56	3.35	-0.25
Price/Earnings(x)	5.12	6.72	10.5	6.34	3.22	3.13	4.61	3.07	25.43	9.73	0
Price/Book(x)	0.28	0.24	0.38	0.17	0.28	0.29	0.21	0.2	0.29	0.24	0.47
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	4.51	3.87	3.14	2.94	3.38	1.94	1.25	1.3	0.51	1.71	7.57
EV/Core EBITDA(x)	6.78	6.93	5.73	5.34	3.73	2.34	2.51	2.63	3.24	4.56	160.99
Interest Earned Growth(%)	-9.42	-2.62	-3.73	-36.03	18.63	4.49	2.24	9.91	-30.26	-12.6	-35.86
Net Profit Growth	37.32	-31.58	3.29	-25.63	266.78	17.3	-46.52	42.17	-81.18	129.06	-119.22
EPS Growth(%)	37.32	-31.58	3.29	-25.63	266.78	17.3	-46.52	42.17	-81.18	129.06	-119.22
Interest Coverage(x) %	1.55	1.47	1.54	1.63	3.68	6.37	23.45	19.41	7.09	38.76	-2.49

Paragon Finance Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	66.78	69.73	72.67	72.67	72.79	72.79	72.79	72.79	72.79	72.79
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	33.22	30.27	27.33	27.33	27.21	27.21	27.21	27.21	27.21	27.21
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	0.28	0.3	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.14	0.13	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
Others	0	0	0	0	0	0	0	0	0	0
Total	0.43	0.43	0.43	0.43	0.43	0.43	0.43	0.43	0.43	0.43

Pros

Stock is trading at 0.8 times its book value
Company is almost debt free.

Cons

Company has a low return on equity of 1% over the last 3 years.
The company has delivered a poor profit growth of -100% 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.