BSE: 532737 | NSE: EMKAY | Finance - Stock Broking | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Emkay Global Financial Services Ltd is a average quality company.
The key valuation ratios of Emkay Global Financial Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Emkay Global Financial Services Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -9.6% | 12% | 7.2% | 17.3% | 7.4% | -8.7% | 11.2% | 15.6% | 7.7% | 22.3% | - |
| Value Creation Index ⓘ | -1.7 | -0.1 | -0.5 | 0.2 | -0.5 | -1.6 | -0.2 | 0.1 | -0.5 | 0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 99.8 | 92.3 | 93.8 | 132 | 127 | 118 | 143 | 175 | 186 | 252 | 323 |
| Sales YoY Gr. | - | -7.5% | 1.6% | 41% | -3.9% | -6.8% | 20.5% | 22.8% | 6.3% | 35.4% | - |
| Adj EPS ⓘ | -6.5 | 4 | 1.9 | 7.3 | 2 | -5.1 | 3.3 | 5.4 | 4.3 | 9.9 | 23.8 |
| YoY Gr. | - | NA | -52.9% | 286.8% | -72.5% | -354.2% | NA | 65.6% | -20% | 129.4% | - |
| BVPS (₹) ⓘ | 43.6 | 46.5 | 48.4 | 54.6 | 53.8 | 47.3 | 50.8 | 55.1 | 58 | 67.4 | 84 |
| Adj Net Profit ⓘ | -15.9 | 9.8 | 4.6 | 17.9 | 4.9 | -12.6 | 8 | 13.3 | 10.6 | 24.5 | 59 |
| Cash Flow from Ops. ⓘ | 2.7 | 36.2 | -17 | 35.5 | 18 | 57.8 | -15.8 | 34.7 | -68.7 | -17.3 | - |
| Debt/CF from Ops. ⓘ | 7.6 | 0.3 | -1.7 | 0.3 | 0.6 | 0.1 | 0 | 0 | 0 | -2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 10.8% | 14.7% | 20.9% | 35.4% | ||||
| Adj EPS ⓘ | NA | 37.6% | 44.9% | 129.4% | ||||
| BVPSⓘ | 4.9% | 4.6% | 9.9% | 16.1% | ||||
| Share Price | 20.8% | 41.1% | 46.9% | 150.9% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -13.9 | 8.9 | 4 | 14.2 | 3.7 | -10.1 | 6.6 | 10.2 | 7.6 | 15.8 | 31.4 |
| Op. Profit Mgn % ⓘ | 19 | 16.6 | 15.2 | 21.9 | 13.3 | -1.4 | 14.3 | 11.6 | 5.1 | 7.5 | 19.6 |
| Net Profit Mgn % ⓘ | -16 | 10.6 | 4.9 | 13.6 | 3.9 | -10.6 | 5.6 | 7.6 | 5.7 | 9.7 | 18.4 |
| Debt to Equity ⓘ | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0.2 | 0 |
| Working Cap Days ⓘ | 366 | 246 | 252 | 259 | 241 | 220 | 271 | 399 | 501 | 462 | 511 |
| Cash Conv. Cycle ⓘ | -103 | -114 | -115 | -100 | -83 | -149 | -215 | -155 | -91 | -112 | 97 |
Return on Equity has increased versus last 3 years average to 31.40%
Sales growth is growing at healthy rate in last 3 years 20.91%
Net Profit is growing at healthy rate in last 3 years 44.86%
Sales growth is good in last 4 quarters at 71.84%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 23.8 | 25.1 |
| TTM Sales (₹ Cr.) | 323 | 352 |
| BVPS (₹.) ⓘ | 84 | 111.9 |
| Reserves (₹ Cr.) ⓘ | 185 | 254 |
| P/BV ⓘ | 3.87 | 2.91 |
| PE ⓘ | 13.68 | 12.97 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 97.75 / 368.15 |
| All Time Low / High (₹) | 11.12 / 400.95 |
| Market Cap (₹ Cr.) | 812 |
| Equity (₹ Cr.) | 25 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.3 |
| Pledged * | 26.43 | 36.51 | 36.51 | 36.51 | 36.51 | 36.51 | 26.43 | 26.43 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 108 | 96 | 97 | 133 | 130 | 123 | 147 | 181 | 199 | 283 |
| Interest Income | 100 | 92 | 94 | 132 | 127 | 118 | 143 | 175 | 186 | 252 |
| Other Income ⓘ | 8 | 3 | 3 | 1 | 3 | 4 | 5 | 6 | 12 | 31 |
| Expenditure ⓘ | 88 | 83 | 86 | 110 | 121 | 140 | 137 | 165 | 190 | 249 |
| Interest Expense ⓘ | 3 | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 4 | 6 |
| Operating Expenses ⓘ | 78 | 77 | 81 | 105 | 114 | 123 | 128 | 160 | 184 | 241 |
| Provisions | 7 | 3 | 2 | 3 | 3 | 11 | 6 | 2 | 2 | 2 |
| Exceptional Items ⓘ | -36 | 0 | -3 | 0 | -2 | -1 | 1 | 3 | -1 | -1 |
| Profit Before Tax ⓘ | -16 | 13 | 7 | 23 | 7 | -18 | 11 | 19 | 7 | 34 |
| Taxes ⓘ | 0 | 3 | 3 | 5 | 2 | -5 | 3 | 5 | -4 | 10 |
| Profit After Tax | -16 | 10 | 5 | 18 | 5 | -13 | 8 | 13 | 11 | 24 |
| Adjusted EPS (₹) | -6.5 | 4.0 | 1.9 | 7.3 | 2.0 | -5.1 | 3.3 | 5.4 | 4.3 | 9.9 |
| Dividend Payout Ratio (%) | 0% | 25% | 53% | 27% | 50% | 0% | 31% | 23% | 23% | 15% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital | 107 | 114 | 118 | 134 | 134 | 120 | 131 | 145 | 151 | 173 |
| Share Capital ⓘ | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves ⓘ | 82 | 89 | 94 | 109 | 110 | 96 | 106 | 120 | 127 | 149 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Borrowings | 2 | 2 | 2 | 2 | 2 | -3 | 10 | 45 | 25 | 30 |
| Current Liabilities | 102 | 89 | 135 | 166 | 144 | 224 | 385 | 513 | 485 | 802 |
| Trade Payables | 42 | 49 | 66 | 92 | 67 | 122 | 117 | 136 | 117 | 209 |
| Short term borrowings | 21 | 9 | 29 | 10 | 10 | 8 | 0 | 0 | 0 | 35 |
| Other Liabilities | -63 | -58 | -95 | -102 | -77 | -130 | -117 | -136 | -117 | -244 |
| Total Liabilities ⓘ | 210 | 205 | 255 | 302 | 281 | 341 | 526 | 702 | 661 | 1,006 |
Assets | ||||||||||
| Non Current Asset | 86 | 82 | 79 | 82 | 87 | 92 | 110 | 125 | 118 | 126 |
| Loan Asset | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 4 | 9 |
| Other Non Current Asset ⓘ | 86 | 82 | 79 | 82 | 87 | 91 | 110 | 125 | 114 | 117 |
| Current Asset | 124 | 123 | 176 | 220 | 193 | 249 | 416 | 577 | 543 | 880 |
| Current Investment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Asset | 124 | 123 | 176 | 220 | 193 | 249 | 416 | 577 | 543 | 880 |
| Total Assets ⓘ | 210 | 205 | 255 | 302 | 281 | 341 | 526 | 702 | 661 | 1,006 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | -7 | 4 | 2 | 7 | 2 | -5 | 3 | 5 | 4 | 10 |
| DPS (₹) | 0 | 1 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 2 |
| BVPS (₹) | 44 | 47 | 48 | 55 | 54 | 47 | 51 | 55 | 58 | 67 |
Performance Ratios | ||||||||||
| ROA (%) | -7.0 | 4.7 | 2.0 | 6.4 | 1.7 | -4.0 | 1.9 | 2.2 | 1.6 | 2.9 |
| ROE (%) | -13.9 | 8.9 | 4.0 | 14.2 | 3.7 | -10.1 | 6.6 | 10.2 | 7.6 | 15.8 |
| ROCE (%) | -9.6 | 12.0 | 7.2 | 17.3 | 7.4 | -8.7 | 11.2 | 15.6 | 7.7 | 22.3 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 1.3 | 1.2 | 1.7 | 2.7 | 2.0 | 0.5 | 1.3 | 1.9 | 1.1 | 1.7 |
Emkay Global Financial Services, formerly known as Emkay Share and Stock Brokers, was established by two enterprising chartered accountants -- Krishnakumar Karwa and Prakash Kacholia -- on January 24, 1995. The company subsequently got listed on the BSE and the NSE in 2006.
Emkay Global Financial Services, a truly Indian, dynamic and visionary firm, and a trusted name in the financial services arena, offers the entire gamut of advisory services under one roof. Right from investing, trading, research and financial planning to portfolio management services, it provides its clients with integrated, robust and reliable solutions to satisfy all their financial needs.
The company has extensive research capabilities, high degree of integrity and confidentiality in carrying out client transactions, superior technology backed systems and strong domain expertise in both, the cash and derivatives segments, makes it the preferred investment house for all categories of investors.
Over and above broking services, it has been successfully distributing savings/investment instruments, such as mutual fund schemes, saving bonds, IPOs, etc.
It caters to the financial needs of institutional as well as retail clients and high net worth individuals. The company’s ever expanding and diversified customer base gives it the strength and confidence to weather the volatility of the stock market. It also enables it to maintain high levels of customer service during volatile times. It meets the support needs of this investor base through execution skills driven by an experienced sales team and research-backed advice generated by a team of highly experienced analysts.
The journey that it has embarked upon has enabled it to grow into a Rs 1,300 million plus net worth company, with over 350 retail outlets spread across the length and breadth of India. It invites everyone to join it on this very rewarding journey and reap the benefits of a resurgent India.
Business area of the company
Subsidiary
Emkay Commotrade
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