5304

Sumedha Fiscal ServicesBSE:530419 Stock Report

Market Cap

₹233.9m

7D

3.4%

1Y

54.2%

Updated

17 Sep, 2021

Data

Company Financials
530419 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

530419 Overview

Sumedha Fiscal Services Limited provides investment banking services in India.

Sumedha Fiscal Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sumedha Fiscal Services
Historical stock prices
Current Share Price₹29.30
52 Week High₹14.00
52 Week Low₹37.95
Beta0.22
1 Month Change6.74%
3 Month Change-8.87%
1 Year Change54.21%
3 Year Change12.69%
5 Year Change108.69%
Change since IPO277.09%

Recent News & Updates

Shareholder Returns

530419IN Capital MarketsIN Market
7D3.4%0.6%1.2%
1Y54.2%56.3%59.0%

Return vs Industry: 530419 underperformed the Indian Capital Markets industry which returned 56.2% over the past year.

Return vs Market: 530419 underperformed the Indian Market which returned 60.1% over the past year.

Price Volatility

Is 530419's price volatile compared to industry and market?
530419 volatility
530419 Beta0.22
Industry Beta0.80
Market Beta1

Stable Share Price: 530419 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 530419's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198947Bhawani Rathihttps://www.sumedhafiscal.com

Sumedha Fiscal Services Limited provides investment banking services in India. The company’s investment banking services include merchant banking, debt syndication, financial restructuring and corporate advisory, stressed assets portfolio resolution, mergers and takeovers, and managing private placements, as well as public issues of equities and debt. Its wealth management services consist of financial planning, distribution services, and insurance advisory.

Sumedha Fiscal Services Fundamentals Summary

How do Sumedha Fiscal Services's earnings and revenue compare to its market cap?
530419 fundamental statistics
Market Cap₹233.94m
Earnings (TTM)₹75.74m
Revenue (TTM)₹267.11m

3.1x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
530419 income statement (TTM)
Revenue₹267.11m
Cost of Revenue₹130.83m
Gross Profit₹136.29m
Expenses₹60.54m
Earnings₹75.74m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.49
Gross Margin51.02%
Net Profit Margin28.36%
Debt/Equity Ratio0.2%

How did 530419 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

11%

Payout Ratio

Valuation

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

3.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 530419 (₹29.3) is trading above our estimate of fair value (₹29.17)

Significantly Below Fair Value: 530419 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 530419 is good value based on its PE Ratio (3.1x) compared to the Indian Capital Markets industry average (16.6x).

PE vs Market: 530419 is good value based on its PE Ratio (3.1x) compared to the Indian market (20.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530419's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530419 is good value based on its PB Ratio (0.5x) compared to the IN Capital Markets industry average (0.8x).


Future Growth

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

12.2%

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 Sumedha Fiscal 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.


Past Performance

How has Sumedha Fiscal Services performed over the past 5 years?

7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530419 has high quality earnings.

Growing Profit Margin: 530419 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 530419's earnings have grown by 7% per year over the past 5 years.

Accelerating Growth: 530419 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 530419 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (62.9%).


Return on Equity

High ROE: 530419's Return on Equity (16.1%) is considered low.


Financial Health

How is Sumedha Fiscal Services's financial position?


Financial Position Analysis

Short Term Liabilities: 530419's short term assets (₹307.5M) exceed its short term liabilities (₹3.6M).

Long Term Liabilities: 530419's short term assets (₹307.5M) exceed its long term liabilities (₹9.7M).


Debt to Equity History and Analysis

Debt Level: 530419's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 530419's debt to equity ratio has reduced from 0.3% to 0.2% over the past 5 years.

Debt Coverage: 530419's debt is well covered by operating cash flow (2764.6%).

Interest Coverage: Insufficient data to determine if 530419's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

3.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 530419's dividend (3.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 530419's dividend (3.41%) is in the top 25% of dividend payers in the Indian market (1.44%)


Stability and Growth of Payments

Stable Dividend: 530419's dividend payments have been volatile in the past 10 years.

Growing Dividend: 530419's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.5%), 530419'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?

15.8yrs

Average board tenure


CEO

Bhawani Rathi (55 yo)

no data

Tenure

₹2,642,000

Compensation

Mr. Bhawani Shankar Rathi, B.Com (Hons.), FCA, MBF from ICAI served as the Compliance Officer at Sumedha Fiscal Services Limited since March 31, 2021 He served as the Chief Financial Officer of Sumedha Fi...


CEO Compensation Analysis

Compensation vs Market: Bhawani's total compensation ($USD35.90K) is about average for companies of similar size in the Indian market ($USD39.46K).

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


Board Members

Experienced Board: 530419's board of directors are seasoned and experienced ( 15.8 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

Sumedha Fiscal Services Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sumedha Fiscal Services Limited
  • Ticker: 530419
  • Exchange: BSE
  • Founded: 1989
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹233.944m
  • Shares outstanding: 7.98m
  • Website: https://www.sumedhafiscal.com

Number of Employees


Location

  • Sumedha Fiscal Services Limited
  • 6A Geetanjali
  • 8B Middleton Street
  • Kolkata
  • West Bengal
  • 700071
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:39
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.