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Shalibhadra Finance

BSE:511754
Snowflake Description

Average dividend payer and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
511754
BSE
₹350M
Market Cap
  1. Home
  2. IN
  3. Diversified Financials
Company description

Shalibhadra Finance Limited operates as an asset finance company in India. The last earnings update was 79 days ago. More info.


Add to Portfolio Compare Print
  • Shalibhadra Finance has significant price volatility in the past 3 months.
511754 Share Price and Events
7 Day Returns
2.3%
BSE:511754
-1.7%
IN Consumer Finance
-0.7%
IN Market
1 Year Returns
-39.6%
BSE:511754
0.2%
IN Consumer Finance
-12.1%
IN Market
511754 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shalibhadra Finance (511754) 2.3% -7.9% -14.8% -39.6% 7.9% 118.8%
IN Consumer Finance -1.7% -4.9% -1.3% 0.2% 60.6% 228.1%
IN Market -0.7% -5.7% -4.3% -12.1% 13% 25.2%
1 Year Return vs Industry and Market
  • 511754 underperformed the Consumer Finance industry which returned 0.2% over the past year.
  • 511754 underperformed the Market in India which returned -12.1% over the past year.
Price Volatility
511754
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Shalibhadra Finance to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Shalibhadra Finance.

BSE:511754 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ₹50.32 * 17.5%
₹8.79
Book Value of Equity per Share Median Book Value from the past 5 years. ₹50.32
Discount Rate (Cost of Equity) See below 17.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:511754
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.68 (1 + (1- 35%) (204.03%))
1.188
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.188 * 8.6%)
17.77%

Discounted Cash Flow Calculation for BSE:511754 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Shalibhadra Finance is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BSE:511754 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (17.5% – 17.77%) * ₹50.32)
₹-0.15
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹-0.15 / (17.77% - 7.55%)
₹-1.42
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹50.32 + ₹-1.42
₹48.89
BSE:511754 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹48.89
Current discount Discount to share price of ₹70.00
= -1 x (₹70.00 - ₹48.89) / ₹48.89
-43.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Shalibhadra Finance is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Shalibhadra Finance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shalibhadra Finance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:511754 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹12.79
BSE:511754 Share Price ** BSE (2019-08-16) in INR ₹70
India Consumer Finance Industry PE Ratio Median Figure of 74 Publicly-Listed Consumer Finance Companies 18x
India Market PE Ratio Median Figure of 2,785 Publicly-Listed Companies 13.56x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Shalibhadra Finance.

BSE:511754 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:511754 Share Price ÷ EPS (both in INR)

= 70 ÷ 12.79

5.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shalibhadra Finance is good value based on earnings compared to the IN Consumer Finance industry average.
  • Shalibhadra Finance is good value based on earnings compared to the India market.
Price based on expected Growth
Does Shalibhadra Finance's expected growth come at a high price?
Raw Data
BSE:511754 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-13.2%per year
India Consumer Finance Industry PEG Ratio Median Figure of 15 Publicly-Listed Consumer Finance Companies 0.61x
India Market PEG Ratio Median Figure of 544 Publicly-Listed Companies 1.09x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Shalibhadra Finance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shalibhadra Finance's assets?
Raw Data
BSE:511754 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹72.93
BSE:511754 Share Price * BSE (2019-08-16) in INR ₹70
India Consumer Finance Industry PB Ratio Median Figure of 84 Publicly-Listed Consumer Finance Companies 0.73x
India Market PB Ratio Median Figure of 3,663 Publicly-Listed Companies 0.87x
BSE:511754 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:511754 Share Price ÷ Book Value per Share (both in INR)

= 70 ÷ 72.93

0.96x

* Primary Listing of Shalibhadra Finance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shalibhadra Finance is overvalued based on assets compared to the IN Consumer Finance industry average.
X
Value checks
We assess Shalibhadra Finance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Shalibhadra Finance has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Shalibhadra Finance, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-13.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shalibhadra Finance expected to grow at an attractive rate?
  • Shalibhadra Finance's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Shalibhadra Finance's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Shalibhadra Finance's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:511754 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:511754 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -13.2%
India Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 17.4%
India Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 21.6%
India Market Earnings Growth Rate Market Cap Weighted Average 17.9%
India Market Revenue Growth Rate Market Cap Weighted Average 11.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:511754 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:511754 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 143 64
2018-03-31 128 -148 57
2017-12-31 125 49
2017-09-30 120 47
2017-06-30 115 45
2017-03-31 112 -118 43
2016-12-31 106 40
2016-09-30 99 38
2016-06-30 96 35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shalibhadra Finance's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Shalibhadra Finance is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:511754 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Shalibhadra Finance Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:511754 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 12.79
2018-03-31 11.33
2017-12-31 9.86
2017-09-30 9.44
2017-06-30 8.97
2017-03-31 8.60
2016-12-31
2016-09-30 7.10
2016-06-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Shalibhadra Finance will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Shalibhadra Finance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Shalibhadra Finance has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Shalibhadra Finance performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Shalibhadra Finance's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Shalibhadra Finance's year on year earnings growth rate has been positive over the past 5 years.
  • Shalibhadra Finance's 1-year earnings growth is less than its 5-year average (12.9% vs 14.2%)
  • Shalibhadra Finance's earnings growth has not exceeded the IN Consumer Finance industry average in the past year (12.9% vs 12.9%).
Earnings and Revenue History
Shalibhadra Finance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Shalibhadra Finance Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:511754 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 142.95 63.99 20.85
2018-03-31 128.30 56.68 22.98
2017-12-31 124.82 49.29 25.89
2017-09-30 119.94 47.18 24.02
2017-06-30 115.24 44.90 14.03
2017-03-31 112.31 43.02 21.77
2016-12-31 105.52 40.18 18.29
2016-09-30 99.24 37.63 17.90
2016-06-30 95.81 35.48 10.44
2016-03-31 93.11 34.59 16.37
2015-12-31 95.11 37.38 1.28
2015-09-30 96.93 39.06 0.93
2015-06-30 96.43 38.70
2015-03-31 94.57 37.93 14.26
2014-12-31 85.00 32.88 24.19
2014-09-30 83.31 32.94 23.70
2014-06-30 80.75 31.09
2014-03-31 78.00 30.06 12.59
2013-12-31 74.37 32.12 15.73
2013-09-30 71.32 30.49 16.01
2013-06-30 69.31 29.18 15.45
2013-03-31 72.33 28.26 20.31
2012-12-31 62.29 25.90 15.19
2012-09-30 59.75 25.81 14.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Shalibhadra Finance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Shalibhadra Finance used its assets more efficiently than the IN Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Shalibhadra Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Shalibhadra Finance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Shalibhadra Finance has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Shalibhadra Finance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Shalibhadra Finance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shalibhadra Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shalibhadra Finance's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shalibhadra Finance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Shalibhadra Finance Company Filings, last reported 4 months ago.

BSE:511754 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 364.78 714.54 26.57
2018-03-31 308.22 594.95 31.95
2017-12-31 278.54 503.99 12.00
2017-09-30 278.54 503.99 12.00
2017-06-30 251.54 428.02 12.18
2017-03-31 251.54 434.19 12.18
2016-12-31 237.39 317.28 9.34
2016-09-30 237.39 317.28 9.34
2016-06-30 214.55 288.68 6.05
2016-03-31 214.55 290.73 6.05
2015-12-31
2015-09-30
2015-06-30 185.99 253.91 7.84
2015-03-31 185.99 262.13 7.84
2014-12-31
2014-09-30
2014-06-30 154.44 206.35 5.41
2014-03-31 154.44 206.35 5.41
2013-12-31
2013-09-30
2013-06-30 132.43 191.38 4.75
2013-03-31 130.23 191.38 4.75
2012-12-31
2012-09-30
  • Shalibhadra Finance's level of debt (195.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (133.6% vs 195.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Shalibhadra Finance's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Shalibhadra Finance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Shalibhadra Finance has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.71%
Current annual income from Shalibhadra Finance dividends.
If you bought ₹2,000 of Shalibhadra Finance shares you are expected to receive ₹34 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Shalibhadra Finance's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.63%).
  • Shalibhadra Finance's dividend is below the markets top 25% of dividend payers in India (2.52%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:511754 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1441 Stocks 1.5%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:511754 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-30 1.200 1.300
2017-10-03 1.000 0.789
2016-09-30 1.000 1.343
2016-08-01 1.000 1.622
2014-08-28 1.000 2.524
2013-05-30 0.900 3.950
2012-06-28 0.800 1.576
2011-08-04 0.800 1.494
2010-09-08 0.800 1.685
2010-04-15 0.800 2.346
2009-06-01 0.700 6.520
2009-04-15 0.700 8.901

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Shalibhadra Finance's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (10.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Shalibhadra Finance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Shalibhadra Finance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shalibhadra Finance has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Minesh Doshi
COMPENSATION ₹0
CEO Bio

Mr. Minesh M. Doshi serves as the Managing Director, Compliance Officer and Director at Shalibhadra Finance Limited.

CEO Compensation
  • Insufficient data for Minesh to compare compensation growth.
  • Minesh's remuneration is lower than average for companies of similar size in India.
Management Team

Minesh Doshi

TITLE
MD, Compliance Officer & Director

Palak Patani

TITLE
Chief Financial Officer
COMPENSATION
₹605K
Board of Directors Tenure

Average tenure of the Shalibhadra Finance board of directors in years:

4.8
Average Tenure
  • The tenure for the Shalibhadra Finance board of directors is about average.
Board of Directors

Minesh Doshi

TITLE
MD, Compliance Officer & Director

Norotan Rampuria

TITLE
Independent Director
TENURE
13.7 yrs

Falguni Doshi

TITLE
Independent Director
TENURE
4.8 yrs

Vatsal Doshi

TITLE
Director
AGE
24
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Shalibhadra Finance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Shalibhadra Finance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Shalibhadra Finance Limited operates as an asset finance company in India. The company provides finance to two wheelers, auto rickshaws, cars, and consumer durables. It serves salaried class, agriculturist, and self-employed customers in the rural, semi rural, and other under banked areas. The company operates through a network of 32 branches in Gujarat, Maharashtra, and Madhya Pradesh. Shalibhadra Finance Limited was incorporated in 1992 and is based in Mumbai, India.

Details
Name: Shalibhadra Finance Limited
511754
Exchange: BSE
Founded: 1992
₹350,217,000
5,003,100
Website: http://www.shalibhadrafinance.com
Address: Shalibhadra Finance Limited
3, Kamat Industrial Estate,
396, Veer Savarkar Marg,
Mumbai,
Maharashtra, 400025,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 511754 Equity Shares Mumbai Stock Exchange IN INR 27. Nov 2001
Number of employees
Current staff
Staff numbers
0
Shalibhadra Finance employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/17 12:42
End of day share price update: 2019/08/16 00:00
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.