BSE:503681

Stock Analysis Report

Executive Summary

Elcid Investments Limited operates as a non-banking finance company.

Snowflake

Fundamentals

Undervalued with acceptable track record.

Share Price & News

How has Elcid Investments's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

503681

5.4%

IN Capital Markets

2.4%

IN Market


1 Year Return

n/a

503681

-20.3%

IN Capital Markets

8.0%

IN Market

Return vs Industry: Insufficient data to determine how 503681 performed against the Indian Capital Markets industry.

Return vs Market: Insufficient data to determine how 503681 performed against the Indian Market.


Shareholder returns

503681IndustryMarket
7 Day0%5.4%2.4%
30 Dayn/a-5.7%2.5%
90 Dayn/a-11.2%3.6%
1 Yearn/a-19.1%-20.3%10.3%8.0%
3 Year149.7%149.7%-19.4%-22.2%22.3%16.0%
5 Yearn/a12.0%5.2%42.8%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Elcid Investments undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 503681 (₹7.14) is trading below our estimate of fair value (₹11049.73)

Significantly Below Fair Value: 503681 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 503681 is good value based on its PE Ratio (0x) compared to the Capital Markets industry average (13.2x).

PE vs Market: 503681 is good value based on its PE Ratio (0x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 503681's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 503681 is good value based on its PB Ratio (0x) compared to the IN Capital Markets industry average (0.5x).


Next Steps

Future Growth

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

-15.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 503681's earnings are forecast to decline over the next 3 years (-15.2% per year).

Earnings vs Market: 503681's earnings are forecast to decline over the next 3 years (-15.2% per year).

High Growth Earnings: 503681's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 503681's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 503681's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 503681's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Elcid Investments performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 503681's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: 503681's earnings growth over the past year (1.1%) is below its 5-year average (9.6% per year).

Earnings vs Industry: 503681 earnings growth over the past year (1.1%) exceeded the Capital Markets industry -17.9%.


Return on Equity

High ROE: 503681's Return on Equity (15.1%) is considered low.


Return on Assets

ROA vs Industry: 503681 has a higher Return on Assets than the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: 503681's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Elcid Investments's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 503681 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 503681's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: 503681's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 503681 has a sufficient allowance for bad loans.

Low Risk Liabilities: 503681 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 503681 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 503681 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 503681 has an appropriate level of bad loans.


Next Steps

Dividend

What is Elcid Investments's current dividend yield, its reliability and sustainability?

210.08%

Current Dividend Yield


Dividend Yield vs Market

company210.1%marketbottom25%0.6%markettop25%2.4%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 503681's dividend (210.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 503681's dividend (210.08%) is in the top 25% of dividend payers in the Indian market (2.41%)

Stable Dividend: Whilst dividend payments have been stable, 503681 has been paying a dividend for less than 10 years.

Growing Dividend: 503681's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (0.7%), 503681's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Elcid Investments's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average board tenure


CEO

Ragini Vakil 0

4.2yrs

Tenure

₹1,640,000

Compensation

Ms. Ragini Varun Vakil has been Chief Executive Officer and Chief Financial Officer at Elcid Investments Limited since August 11, 2015. 


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Ragini's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Insufficient data to compare Ragini's compensation with company performance.


Board Age and Tenure

4.2yrs

Average Tenure

63yo

Average Age

Experienced Board: 503681's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Ragini Vakil

    CEO & CFO

    • Tenure: 4.2yrs
    • Compensation: ₹1.64m
  • Mittal Gori

    Company Secretary & Compliance Officer

    • Tenure: 1.1yrs

Board Members

  • Bharat Talati (64yo)

    Non Executive & Independent Director

    • Tenure: 0yrs
    • Compensation: ₹60.00k
  • Dipika Vakil (63yo)

    Non-Executive & Woman Director

    • Tenure: 4.2yrs
    • Compensation: ₹35.00k
  • Mahesh Dalal (63yo)

    Non Executive & Independent Director

    • Tenure: 0yrs
    • Compensation: ₹60.00k
  • Ketan Kapadia (53yo)

    Non Executive & Independent Director

    • Tenure: 10.8yrs
    • Compensation: ₹60.00k
  • Varun Vakil

    Chairman

    • Tenure: 0yrs
  • Amrita Vakil (39yo)

    Non-Executive Director

    • Tenure: 0.2yrs

Company Information

Elcid Investments Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Elcid Investments Limited
  • Ticker: 503681
  • Exchange: BSE
  • Founded: 1981
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹1.428m
  • Shares outstanding: 200.00k
  • Website: https://www.elcidinvestments.com

Number of Employees


Location

  • Elcid Investments Limited
  • 414, Shah Nahar (Worli) Industrial Estate
  • B-Wing
  • Mumbai
  • Maharashtra
  • 400018
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
503681BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2011

Biography

Elcid Investments Limited operates as a non-banking finance company. The company invests in shares, debentures, mutual funds, etc. Elcid Investments Limited was incorporated in 1981 and is based in Mumbai, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:45
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.