BSE:511754

Stock Analysis Report

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Executive Summary

Shalibhadra Finance Limited operates as an asset finance company in India.


Snowflake Analysis

Undervalued average dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 511754 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.4%

511754

1.5%

IN Consumer Finance

1.3%

IN Market


1 Year Return

-46.3%

511754

-18.5%

IN Consumer Finance

-8.7%

IN Market

Return vs Industry: 511754 underperformed the Indian Consumer Finance industry which returned -18.5% over the past year.

Return vs Market: 511754 underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

511754IndustryMarket
7 Day-2.4%1.5%1.3%
30 Day-2.4%18.3%5.1%
90 Day-1.7%33.9%30.2%
1 Year-45.3%-46.3%-17.9%-18.5%-7.0%-8.7%
3 Year-55.5%-57.2%34.6%31.8%1.7%-3.0%
5 Year3.1%-4.0%143.7%133.8%27.6%17.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Shalibhadra Finance undervalued compared to its fair value and its price relative to the market?

26.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 511754 (₹43) is trading below our estimate of fair value (₹58.55)

Significantly Below Fair Value: 511754 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 511754 is good value based on its PE Ratio (3.4x) compared to the Consumer Finance industry average (11.9x).

PE vs Market: 511754 is good value based on its PE Ratio (3.4x) compared to the Indian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 511754's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511754 is good value based on its PB Ratio (0.5x) compared to the IN Consumer Finance industry average (0.6x).


Next Steps

Future Growth

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

23.9%

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 Shalibhadra 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 Shalibhadra Finance performed over the past 5 years?

15.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 511754 has high quality earnings.

Growing Profit Margin: 511754's current net profit margins (43.6%) are lower than last year (46.2%).


Past Earnings Growth Analysis

Earnings Trend: 511754's earnings have grown by 15.3% per year over the past 5 years.

Accelerating Growth: 511754's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 511754 had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (4.4%).


Return on Equity

High ROE: 511754's Return on Equity (16.1%) is considered low.


Next Steps

Financial Health

How is Shalibhadra Finance's financial position?


Financial Position Analysis

Short Term Liabilities: 511754's short term assets (₹780.9M) exceed its short term liabilities (₹36.6M).

Long Term Liabilities: 511754's short term assets (₹780.9M) exceed its long term liabilities (₹742.0M).


Debt to Equity History and Analysis

Debt Level: 511754's debt to equity ratio (180.9%) is considered high.

Reducing Debt: 511754's debt to equity ratio has increased from 138.8% to 180.9% over the past 5 years.

Debt Coverage: 511754's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 511754's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

2.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 511754's dividend (2.79%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 511754's dividend (2.79%) is low compared to the top 25% of dividend payers in the Indian market (2.81%).


Stability and Growth of Payments

Stable Dividend: 511754's dividends per share have been stable in the past 10 years.

Growing Dividend: 511754's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.4%), 511754'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

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

5.8yrs

Average board tenure


CEO

Minesh Doshi

no data

Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Minesh Doshi
MD & Directorno datano data14.08% 29.8m
Norotan Rampuria
Independent Director14.58yrsno datano data
Vatsal Doshi
Director2.83yrs₹600.00k4% 8.4m
Falguni Doshi
Independent Director5.75yrsno datano data

5.8yrs

Average Tenure

Experienced Board: 511754's board of directors are considered experienced (5.8 years average tenure).


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

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


Key Information

  • Name: Shalibhadra Finance Limited
  • Ticker: 511754
  • Exchange: BSE
  • Founded: 1992
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹211.381m
  • Shares outstanding: 5.00m
  • Website: https://www.shalibhadrafinance.com

Location

  • Shalibhadra Finance Limited
  • 3, Kamat Industrial Estate
  • 396, Veer Savarkar Marg
  • Mumbai
  • Maharashtra
  • 400025
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511754BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2001

Biography

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 36 branches in Gujarat, Maharashtra, and Madhya Pradesh. Shalibhadra Finance Limited was incorporated in 1992 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:44
End of Day Share Price2020/07/06 00:00
Earnings2019/12/31
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.