BSE:540703

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Provestment Services Limited operates as consulting company worldwide. More Details


Snowflake Analysis

Fair value with acceptable track record.

Share Price & News

How has Provestment Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540703's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.5%

540703

0.3%

IN Professional Services

-0.6%

IN Market


1 Year Return

87.1%

540703

-11.2%

IN Professional Services

2.2%

IN Market

Return vs Industry: 540703 exceeded the Indian Professional Services industry which returned -10.3% over the past year.

Return vs Market: 540703 exceeded the Indian Market which returned 1.1% over the past year.


Shareholder returns

540703IndustryMarket
7 Day13.5%0.3%-0.6%
30 Day23.3%-3.7%0.2%
90 Day12.3%14.2%6.7%
1 Year87.1%87.1%-9.6%-11.2%3.9%2.2%
3 Year-53.2%-53.2%-30.2%-30.3%2.6%-2.4%
5 Year87.1%87.1%134.6%134.5%41.3%30.8%

Price Volatility Vs. Market

How volatile is Provestment Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Provestment Services undervalued compared to its fair value and its price relative to the market?

13.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 540703's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 540703's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 540703 is good value based on its PE Ratio (13.8x) compared to the IN Professional Services industry average (16.2x).

PE vs Market: 540703 is good value based on its PE Ratio (13.8x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540703's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540703 is good value based on its PB Ratio (0.7x) compared to the IN Professional Services industry average (1x).


Next Steps

Future Growth

How is Provestment Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.9%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Provestment Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Provestment Services performed over the past 5 years?

-9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540703 has high quality earnings.

Growing Profit Margin: 540703's current net profit margins (0.8%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: 540703's earnings have declined by 9.6% per year over the past 5 years.

Accelerating Growth: 540703's earnings growth over the past year (13.9%) exceeds its 5-year average (-9.6% per year).

Earnings vs Industry: 540703 earnings growth over the past year (13.9%) underperformed the Professional Services industry 19.9%.


Return on Equity

High ROE: 540703's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Provestment Services's financial position?


Financial Position Analysis

Short Term Liabilities: 540703's short term assets (₹140.7M) exceed its short term liabilities (₹92.9M).

Long Term Liabilities: 540703's short term assets (₹140.7M) exceed its long term liabilities (₹24.2M).


Debt to Equity History and Analysis

Debt Level: 540703's debt to equity ratio (54%) is considered high.

Reducing Debt: 540703's debt to equity ratio has increased from 36.1% to 54% over the past 5 years.

Debt Coverage: 540703's debt is not well covered by operating cash flow (0.6%).

Interest Coverage: 540703's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Provestment Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 540703's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 540703's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 540703's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 540703's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 540703's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average board tenure


CEO

Praveen Bhatia (60 yo)

no data

Tenure

₹3,000,000

Compensation

Mr. Praveen Bhatia serves as Chairman of Provestment Services Ltd. and has been its Whole Time Director since August 2, 2011. Mr. Bhatia joined in August 26, 1994 as Director at Provestment Services Limite ...


CEO Compensation Analysis

Compensation vs Market: Praveen's total compensation ($USD40.85K) is about average for companies of similar size in the Indian market ($USD56.15K).

Compensation vs Earnings: Praveen's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Praveen Bhatia
Chairman & Whole Time Directorno data₹3.00m15.36%
₹ 12.5m
Lal Tripathi
Executive Professional Director3yrs₹1.20mno data
Vinod Ralhan
Non Executive Professional Director25.75yrsno data1.76%
₹ 1.4m
Anil Lakhani
Non Executive Independent Directorno datano data0.0098%
₹ 8.0k
Benu Sehgal
Non-Executive Woman Independent Director0.75yrno datano data
Chander Kwatra
Non Executive Independent Director0.75yrno datano data

1.9yrs

Average Tenure

59yo

Average Age

Experienced Board: 540703's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Provestment Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Provestment Services Limited
  • Ticker: 540703
  • Exchange: BSE
  • Founded: 1994
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: ₹81.648m
  • Shares outstanding: 5.10m
  • Website: https://www.provestment.net

Number of Employees


Location

  • Provestment Services Limited
  • Building No.5 Pusa Road
  • 1st Floor
  • New Delhi
  • Delhi
  • 110005
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540703BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2011

Biography

Provestment Services Limited operates as consulting company worldwide. It engages in the air ticketing and tour operator businesses; and provision of professional services to corporate entities. The compan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 12:34
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.