BSE:507962

Stock Analysis Report

Executive Summary

Rajath Finance Limited, a non-banking finance company, provides finance services in India.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Rajath Finance is not covered by any analysts.

Share Price & News

How has Rajath Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

BSE:507962

-3.6%

IN Consumer Finance

-2.1%

IN Market


1 Year Return

n/a

BSE:507962

-3.2%

IN Consumer Finance

-14.7%

IN Market

No trading data on 507962.

No trading data on 507962.


Share holder returns

507962IndustryMarket
7 Day0%-3.6%-2.1%
30 Day0%1.9%-3.9%
90 Dayn/a-10.2%-10.1%
1 Yearn/a-2.5%-3.2%-12.9%-14.7%
3 Year-48.2%-48.2%59.3%56.0%17.7%11.5%
5 Year-96.1%-96.1%233.9%218.2%35.4%22.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Rajath Finance undervalued based on future cash flows and its price relative to the stock market?

0.45x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Rajath Finance to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Rajath Finance to establish if it is available at substantial discount.


Price Based on Earnings

Rajath Finance is loss making, we can't compare its value to the IN Consumer Finance industry average.

Rajath Finance is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Rajath Finance, we can't assess if its growth is good value.


Price Based on Value of Assets

Rajath Finance is good value based on assets compared to the IN Consumer Finance industry average.


Next Steps

Future Growth

How is Rajath Finance expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.1%

Forecasted Diversified Financials 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 Rajath Finance 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 Rajath Finance performed over the past 5 years?

-42.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Rajath Finance does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Rajath Finance's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Rajath Finance's 1-year growth to the IN Consumer Finance industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Rajath Finance has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Rajath Finance has efficiently used its assets last year compared to the IN Consumer Finance industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Rajath Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Rajath Finance's financial position?


Financial Position Analysis

Rajath Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Rajath Finance's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Rajath Finance has no debt.

Rajath Finance currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

Rajath Finance has no debt, it does not need to be covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Rajath Finance has sufficient cash runway for more than 3 years based on current free cash flow.

Rajath Finance has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -143.6% each year.


Next Steps

Dividend

What is Rajath Finance's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Rajath Finance's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Rajath Finance's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Rajath Finance has not reported any payouts.

Unable to verify if Rajath Finance's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Rajath Finance has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

11.0yrs

Average board tenure


CEO

Hitesh Bagdai (55yo)

7.8yrs

Tenure

₹452,400

Compensation

Mr. Hitesh Mansukhbhai Bagdai, B.Sc. has been the Managing Director at Rajath Finance Ltd since October 1, 2011. Mr. Bagdai has been a Director at Rajath Finance Ltd since February 27, 2007. 


CEO Compensation Analysis

Hitesh's remuneration is lower than average for companies of similar size in India.

Hitesh's compensation has increased whilst company is loss making.


Board Age and Tenure

11.0yrs

Average Tenure

50yo

Average Age

The average tenure for the Rajath Finance board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Hitesh Bagdai (55yo)

    MD & Executive Director

    • Tenure: 7.8yrs
    • Compensation: ₹452.40k
  • Bhavdeep Vala (51yo)

    Executive Director

    • Tenure: 12.5yrs

Board Members

  • Hitesh Bagdai (55yo)

    MD & Executive Director

    • Tenure: 7.8yrs
    • Compensation: ₹452.40k
  • Poonam Bagdai (49yo)

    Non-Executive Non-Independent Director

    • Tenure: 3.8yrs
  • Bhavdeep Vala (51yo)

    Executive Director

    • Tenure: 12.5yrs
  • Ketanbhai Dhulesiya (47yo)

    Non-Executive Independent Director

    • Tenure: 10.4yrs
  • Kantilal Khakhar (66yo)

    Non-Executive Independent Director

    • Tenure: 11.5yrs
  • Janish Ajmera (46yo)

    Non-Executive Independent Director

    • Tenure: 5.7yrs

Company Information

Rajath Finance Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rajath Finance Limited
  • Ticker: 507962
  • Exchange: BSE
  • Founded: 1984
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹30.360m
  • Shares outstanding: 4.00m
  • Website: https://null

Location

  • Rajath Finance Limited
  • 208 – 215 Star Plaza
  • Phulchhab Chowk
  • Rajkot
  • Gujarat
  • 360001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
507962BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2007

Biography

Rajath Finance Limited, a non-banking finance company, provides finance services in India. The company was formerly known as Rajath Leasing & Finance Limited and changed its name to Rajath Finance Limited  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:48
End of Day Share Price2019/06/27 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.