NSEI:EDELWEISS

Stock Analysis Report

Executive Summary

Edelweiss Financial Services Limited provides financial products and services to individuals and institutions in India.

Snowflake

Fundamentals

Average dividend payer and fair value.

Risks

  • Edelweiss Financial Services has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Edelweiss Financial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

18.0%

EDELWEISS

2.2%

IN Capital Markets

-4.2%

IN Market


1 Year Return

-47.5%

EDELWEISS

-39.9%

IN Capital Markets

-7.8%

IN Market

EDELWEISS underperformed the Capital Markets industry which returned -39.9% over the past year.

EDELWEISS underperformed the Market in India which returned -7.8% over the past year.


Share holder returns

EDELWEISSIndustryMarket
7 Day18.0%2.2%-4.2%
30 Day16.3%2.3%2.7%
90 Day-29.8%-15.3%-5.5%
1 Year-47.0%-47.5%-39.0%-39.9%-6.0%-7.8%
3 Year5.4%2.9%-6.0%-9.3%18.5%12.6%
5 Year183.9%166.8%19.5%12.1%38.6%25.6%

Price Volatility Vs. Market

How volatile is Edelweiss Financial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

2 weeks ago | Simply Wall St

Nilesh Sampat Just Sold A Bunch Of Shares In Edelweiss Financial Services Limited (NSE:EDELWEISS)

Valuation

Is Edelweiss Financial Services undervalued based on future cash flows and its price relative to the stock market?

12.73x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Edelweiss Financial Services's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Edelweiss Financial Services's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Edelweiss Financial Services is good value based on earnings compared to the IN Capital Markets industry average.

Edelweiss Financial Services is good value based on earnings compared to the India market.


Price Based on Expected Growth

Edelweiss Financial Services is good value based on expected growth next year.


Price Based on Value of Assets

Edelweiss Financial Services is overvalued based on assets compared to the IN Capital Markets industry average.


Next Steps

Future Growth

How is Edelweiss Financial Services expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Edelweiss Financial Services is high growth as no revenue estimate data is available.

Edelweiss Financial Services's earnings are expected to grow by 16% yearly, however this is not considered high growth (20% yearly).

Unable to compare Edelweiss Financial Services's revenue growth to the India market average as no estimate data is available.

Edelweiss Financial Services's earnings growth is positive but not above the India market average.

Edelweiss Financial Services's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Edelweiss Financial Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Edelweiss Financial Services performed over the past 5 years?

28.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Edelweiss Financial Services has delivered over 20% year on year earnings growth in the past 5 years.

Edelweiss Financial Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Edelweiss Financial Services's 1-year earnings growth is negative, it can't be compared to the IN Capital Markets industry average.


Return on Equity

Edelweiss Financial Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Edelweiss Financial Services used its assets less efficiently than the IN Capital Markets industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Edelweiss Financial Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Edelweiss Financial Services's financial position?


Financial Position Analysis

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

Edelweiss Financial Services's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Edelweiss Financial Services's level of debt (534.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (397.1% vs 534.6% today).

Debt is not well covered by operating cash flow (11.1%, less than 20% of total debt).

Unable to confirm if the interest payments on Edelweiss Financial Services's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

What is Edelweiss Financial Services's current dividend yield, its reliability and sustainability?

1.22%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Edelweiss Financial Services's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.57%).

Edelweiss Financial Services's dividend is below the markets top 25% of dividend payers in India (2.34%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be thoroughly covered by earnings (7.2x coverage).


Next Steps

Management

What is the CEO of Edelweiss Financial Services's salary, the management and board of directors tenure and is there insider trading?

6.7yrs

Average board tenure


CEO

Rashesh Shah (56yo)

0yrs

Tenure

₹72,660,000

Compensation

Mr. Rashesh Chandrakant Shah co-founded Edelweiss Financial Services Limited (formerly, Edelweiss Capital Ltd.) in 1995. Mr. Shah serves as the Chief Executive Officer of Edelweiss Group and served as its  ...


CEO Compensation Analysis

Rashesh's remuneration is higher than average for companies of similar size in India.

Rashesh's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

6.7yrs

Average Tenure

56yo

Average Age

The tenure for the Edelweiss Financial Services board of directors is about average.


Insider Trading

Edelweiss Financial Services individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell₹3,243,93419 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares30,000
Max Price₹108.13
Sell₹3,397,90219 Sep 19
Siby Mimani
EntityIndividual
Shares32,502
Max Price₹104.54
Sell₹6,552,09618 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares60,500
Max Price₹108.30
Sell₹1,089,07918 Sep 19
Siby Mimani
EntityIndividual
Shares10,000
Max Price₹108.91
Sell₹1,080,04818 Sep 19
Shrikant Subbarayan
EntityIndividual
Shares10,000
Max Price₹108.00
Sell₹3,197,63504 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares26,000
Max Price₹122.99
Sell₹5,269,40328 Aug 19
Gaurang Tailor
EntityIndividual
Shares50,000
Max Price₹105.39
Sell₹2,618,88528 Aug 19
Nilesh Sampat
EntityIndividual
Shares25,000
Max Price₹104.76
Sell₹2,063,53128 Aug 19
Om Jain
EntityIndividual
Shares20,000
Max Price₹103.18
Sell₹3,382,12622 Aug 19
Shrikant Subbarayan
EntityIndividual
Shares28,288
Max Price₹119.56
Sell₹2,618,06022 Aug 19
Siby Mimani
EntityIndividual
Shares20,000
Max Price₹130.90
Sell₹17,994,57108 Jul 19
Bismillah Chowdhary
EntityIndividual
Shares105,000
Max Price₹171.38
Sell₹1,783,65204 Jul 19
Bismillah Chowdhary
EntityIndividual
Shares10,500
Max Price₹169.87
Sell₹3,452,67703 Jul 19
Bismillah Chowdhary
EntityIndividual
Shares20,000
Max Price₹172.63
Sell₹3,538,26903 Jul 19
Shalinee Mimani
EntityIndividual
Shares20,000
Max Price₹176.91
Sell₹3,509,83203 Jul 19
Shrikant Subbarayan
EntityIndividual
Shares20,598
Max Price₹170.40
Sell₹11,547,36825 Jun 19
Vivek Agarwal
EntityIndividual
Shares65,000
Max Price₹177.65
Sell₹3,521,06625 Jun 19
Shalinee Mimani
EntityIndividual
Shares20,000
Max Price₹176.05
Sell₹3,053,99225 Jun 19
Harish Chander
EntityIndividual
Shares17,300
Max Price₹176.53
Sell₹5,300,90725 Jun 19
Siby Mimani
EntityIndividual
Shares30,498
Max Price₹173.81
Sell₹4,508,40021 Jun 19
Siby Mimani
EntityIndividual
Shares26,000
Max Price₹173.40
Sell₹1,809,71518 Jun 19
Kulbir Rana
EntityIndividual
Shares10,000
Max Price₹180.97
Sell₹1,580,24111 Jun 19
Harish Chander
EntityIndividual
Shares8,000
Max Price₹197.53
Sell₹8,156,95007 Jun 19
Rohit Mehta
EntityIndividual
Shares40,000
Max Price₹203.92
Sell₹3,014,31107 Jun 19
Sarika Samant
EntityIndividual
Shares14,626
Max Price₹206.09
Sell₹2,050,55007 Jun 19
Kulbir Rana
EntityIndividual
Shares10,000
Max Price₹205.05
Sell₹7,282,28207 Jun 19
Kalpana Maniar
EntityIndividual
Shares35,000
Max Price₹208.07
Sell₹10,417,65507 Jun 19
Siby Mimani
EntityIndividual
Shares50,000
Max Price₹208.35
Sell₹3,040,01204 Jun 19
Shalinee Mimani
EntityIndividual
Shares15,000
Max Price₹202.67
Sell₹5,902,82404 Jun 19
Manjeet Bijlani
EntityIndividual
Shares30,000
Max Price₹196.76
Sell₹9,846,67004 Jun 19
Kalpana Maniar
EntityIndividual
Shares50,000
Max Price₹196.93
Sell₹11,186,84804 Jun 19
Shrikant Subbarayan
EntityIndividual
Shares60,000
Max Price₹186.45
Sell₹5,923,73504 Jun 19
Ravindra Dhobale
EntityIndividual
Shares30,000
Max Price₹197.46
Sell₹8,865,08604 Jun 19
Harish Chander
EntityIndividual
Shares45,000
Max Price₹197.00
Sell₹2,832,65230 May 19
Kalpana Maniar
EntityIndividual
Shares15,000
Max Price₹188.84
Sell₹1,313,42530 May 19
Harish Chander
EntityIndividual
Shares7,000
Max Price₹187.63
Sell₹1,871,14830 May 19
Akhil Mangla
EntityIndividual
Shares10,000
Max Price₹187.11
Sell₹2,775,80928 May 19
Harish Chander
EntityIndividual
Shares15,000
Max Price₹185.05
Sell₹3,861,68021 May 19
Bismillah Chowdhary
EntityIndividual
Shares25,000
Max Price₹154.47
Sell₹2,535,02702 Apr 19
Ravindra Dhobale
EntityIndividual
Shares12,937
Max Price₹195.95
Sell₹9,894,14001 Apr 19
Raviprakash Bubna
EntityIndividual
Shares50,000
Max Price₹197.88
Sell₹7,838,29401 Apr 19
Manjeet Bijlani
EntityIndividual
Shares40,000
Max Price₹195.96
Sell₹388,399,90301 Apr 19
Vidya Shah
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Non-Independent Director
Shares2,000,000
Max Price₹194.20
Sell₹6,393,77229 Mar 19
Kalpana Maniar
EntityIndividual
Shares33,500
Max Price₹190.86
Sell₹92,275,05729 Mar 19
Raviprakash Bubna
EntityIndividual
Shares485,000
Max Price₹190.26
Sell₹3,944,35125 Mar 19
Kalpana Maniar
EntityIndividual
Shares20,000
Max Price₹197.22
Sell₹3,090,28325 Mar 19
Shrikant Subbarayan
EntityIndividual
Shares15,741
Max Price₹196.32
Sell₹66,476,19325 Mar 19
Raviprakash Bubna
EntityIndividual
Shares340,000
Max Price₹195.52
Sell₹118,009,62119 Mar 19
Raviprakash Bubna
EntityIndividual
Shares625,000
Max Price₹188.82
Sell₹17,975,06419 Mar 19
Raviprakash Bubna
EntityIndividual
Shares100,000
Max Price₹179.75
Buy₹8,898,99814 Dec 18
Navtej Nandra
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares50,000
Max Price₹177.98
Sell₹8,873,49714 Dec 18
Navtej Nandra
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares50,000
Max Price₹177.47
Buy₹1,484,60712 Oct 18
Rajeev Varma
EntityIndividual
Shares10,000
Max Price₹148.46

Ownership Breakdown


Management Team

  • Rashesh Shah (56yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹72.66m
  • Venkat Ramaswamy (53yo)

    Co-Founder

    • Tenure: 23.6yrs
    • Compensation: ₹53.70m
  • Rujan Panjwani (56yo)

    Executive Director

    • Tenure: 6.3yrs
    • Compensation: ₹80.34m
  • Sanjay Waghani

    Vice President of Investment Banking

    • Tenure: 0yrs
  • B. Renganathan

    Executive VP

    • Tenure: 0yrs
    • Compensation: ₹11.23m
  • Himanshu Kaji (54yo)

    Executive Director & Group COO

    • Tenure: 7.8yrs
    • Compensation: ₹263.48m
  • S. Ranganathan

    Chief Financial Officer

    • Tenure: 8.7yrs
    • Compensation: ₹24.32m
  • Shabnam Panjwani

    Chief Marketing Officer

    • Tenure: 0yrs
  • Salil Bawa

    Senior Vice President of Stakeholder Relations

    • Tenure: 0yrs
  • Revathi Pandit

    Vice President of Corporate Communications

    • Tenure: 0yrs

Board Members

  • Navtej Nandra (53yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: ₹1.60m
  • Rashesh Shah (56yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹72.66m
  • Vidya Shah (53yo)

    Non-Executive Non-Independent Director

    • Tenure: 5.1yrs
  • Venkat Ramaswamy (53yo)

    Co-Founder

    • Tenure: 23.6yrs
    • Compensation: ₹53.70m
  • Rujan Panjwani (56yo)

    Executive Director

    • Tenure: 6.3yrs
    • Compensation: ₹80.34m
  • Pudugramam Venkatachalam (75yo)

    Independent Director

    • Tenure: 12.1yrs
    • Compensation: ₹1.78m
  • Kunna Chinniah (62yo)

    Independent Director

    • Tenure: 6.7yrs
    • Compensation: ₹1.70m
  • Berjis Desai (63yo)

    Independent Director

    • Tenure: 10.7yrs
    • Compensation: ₹1.56m
  • Himanshu Kaji (54yo)

    Executive Director & Group COO

    • Tenure: 7.8yrs
    • Compensation: ₹263.48m
  • Biswamohan Mahapatra (65yo)

    Independent Director

    • Tenure: 4.5yrs
    • Compensation: ₹1.58m

Company Information

Edelweiss Financial Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Edelweiss Financial Services Limited
  • Ticker: EDELWEISS
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹110.141b
  • Shares outstanding: 888.59m
  • Website: https://www.edelweissfin.com

Number of Employees


Location

  • Edelweiss Financial Services Limited
  • Edelweiss House
  • Off. C.S.T. Road
  • Mumbai
  • Maharashtra
  • 400098
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDELWEISSNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2007
532922BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2007

Biography

Edelweiss Financial Services Limited provides financial products and services to individuals and institutions in India. The company operates through Agency Business, Capital Based, and Insurance Business s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 12:39
End of Day Share Price2019/09/20 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.