Price
Financials
Standalone, Rs crore| Mar 2013 | Jun 2013 | |
|---|---|---|
| Sales | 51.96 | 60.60 |
| Expenses | 4.24 | 3.15 |
| Operating Profit | 47.72 | 57.45 |
| OPM % | 91.84% | 94.80% |
| Other Income | 6.82 | 0.15 |
| Interest | 45.42 | 42.41 |
| Depreciation | -0.88 | 0.16 |
| Profit before tax | 10.00 | 15.03 |
| Tax % | 30.50% | 34.00% |
| Net Profit | 6.95 | 9.92 |
| EPS in Rs | 3.05 | 4.35 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 130 | 158 | 183 | 189 | 232 | 211 | 238 |
| Expenses | 19 | 11 | 11 | 13 | 17 | 17 | 12 | 17 |
| Operating Profit | 95 | 118 | 147 | 170 | 172 | 215 | 199 | 221 |
| OPM % | 83% | 91% | 93% | 93% | 91% | 93% | 94% | 93% |
| Other Income | 4 | 1 | 0 | 8 | 2 | 1 | 2 | 9 |
| Interest | 56 | 65 | 80 | 107 | 96 | 110 | 150 | 179 |
| Depreciation | 14 | 16 | 21 | 20 | 25 | 3 | 2 | 1 |
| Profit before tax | 30 | 38 | 47 | 51 | 53 | 103 | 49 | 51 |
| Tax % | 8% | 34% | 34% | 35% | 34% | 31% | 35% | 32% |
| Net Profit | 27 | 25 | 31 | 34 | 35 | 71 | 32 | 35 |
| EPS in Rs | 11.90 | 11.13 | 13.58 | 14.72 | 15.30 | 31.09 | 13.87 | 15.24 |
| Dividend Payout % | 19% | 20% | 17% | 12% | 12% | 6% | 13% | 12% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 8% | 8% | 13% | ||
| Compounded Profit Growth | % | 1% | -2% | 3% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 15% | 14% | 9% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 170 | 135 | 160 | 189 | 219 | 284 | 311 | 341 |
| Borrowings | 605 | 696 | 833 | 966 | 1,055 | 1,167 | 1,298 | 1,400 |
| Other Liabilities | 50 | 114 | 136 | 159 | 161 | 146 | 138 | 141 |
| Total Liabilities | 848 | 968 | 1,153 | 1,336 | 1,458 | 1,619 | 1,770 | 1,906 |
| Fixed Assets | 84 | 71 | 70 | 51 | 26 | 21 | 17 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 0 |
| Investments | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 6 |
| Other Assets | 754 | 888 | 1,073 | 1,276 | 1,423 | 1,585 | 1,739 | 1,895 |
| Total Assets | 848 | 968 | 1,153 | 1,336 | 1,458 | 1,619 | 1,770 | 1,906 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -65 | -98 | -104 | -123 | -103 | -152 | -144 | -213 |
| Cash from Investing Activity | 10 | 11 | -19 | 3 | 7 | 56 | 5 | 33 |
| Cash from Financing Activity | 47 | 84 | 130 | 125 | 80 | 105 | 128 | 202 |
| Net Cash Flow | -8 | -2 | 7 | 5 | -16 | 9 | -11 | 21 |
| Free Cash Flow | -69 | -100 | -124 | -124 | -103 | -154 | -143 | -195 |
| CFO/OP | -65% | -78% | -67% | -69% | -54% | -61% | -67% | -91% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 62 | 46 | 51 | 31 | 23 | 20 | 31 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 64 | 62 | 46 | 51 | 31 | 23 | 20 | 31 |
| Working Capital Days | 2,163 | 2,301 | 2,273 | 2,345 | 2,594 | 892 | 1,089 | 1,067 |
| ROCE % | 13% | 14% | 14% | 12% | 15% | 13% | 13% |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 3.41
Book Value₹ 160
ROCE13.4 %
ROE9.46 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)3%
Standalone figures.
Valuation
P/E, 3-year average2.58x
P/B, 3-year average0.45x
P/E, 5-year average2.89x
P/B, 5-year average0.49x
Profitability
Operating margin (excl. other income)92.74%
Operating margin (incl. other income)93.11%
EBITDA margin93.11%
Pre-tax margin44.28%
Net profit margin30.57%
ROE25.82%
ROCE15.37%
ROA4.61%
ROE, 3-year average19.41%
ROCE, 3-year average13.95%
ROA, 3-year average3.27%
ROE, 5-year average18.17%
ROCE, 5-year average13.59%
ROA, 5-year average3.10%
ROIC (approx.)10.11%
Tax rate30.96%
Other income / net worth0.28%
Growth
Sales growth (latest year)22.63%
Profit growth (latest year)103.21%
Sales CAGR, 3 years13.55%
Sales CAGR, 5 years15.23%
Profit CAGR, 3 years31.79%
Profit CAGR, 5 years21.19%
Per share
EPS (TTM)Rs 31.09
EPS (latest year)Rs 31.09
EPS, 3-year averageRs 20.37
EPS, 5-year averageRs 17.16
Book value per shareRs 134.77
Sales per shareRs 101.70
Cash flow per shareRs -66.62
Free cash flow per shareRs -85.56
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 1.87
Dividend per share, 5-year averageRs 2.02
Dividends
Dividend payout6.44%
Dividend payout, 3-year average10.14%
Dividend payout, 5-year average13.44%
Efficiency
Asset turnover0.14x
Fixed asset turnover10.86x
Debtor days23 days
Debtors turnover15.81x
Cash conversion cycle31 days
Working capital days1067 days
Leverage
Total debtRs 1,167 Cr
Cash and bankRs 19 Cr
Net debtRs 1,147 Cr
Debt to equity3.80x
Net debt / EBITDA5.32x
Interest coverage1.93x
Owners' fund to total sources18.97%
Debt to assets72.05%
Cash flow
Cash from Operating Activity (latest year)Rs -152 Cr
Cash from Investing Activity (latest year)Rs 56 Cr
Cash from Financing Activity (latest year)Rs 105 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs -195 Cr
FCFE (approx.: FCF + change in debt)Rs -84 Cr
Cash from ops / profit, 5 years-3.55x
Statement figures
Net sales (TTM)Rs 232 Cr
Net sales (latest year)Rs 232 Cr
Operating profit excl. other income (latest year)Rs 215 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 216 Cr
PBDT (TTM)Rs 105 Cr
Profit before tax (TTM)Rs 103 Cr
Tax (latest year)Rs 32 Cr
Net profit (TTM)Rs 71 Cr
Net profit (latest year)Rs 71 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 110 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 17 Cr
Total income (latest year)Rs 233 Cr
Share capitalRs 23 Cr
ReservesRs 284 Cr
Shareholders' fundsRs 307 Cr
Total assetsRs 1,619 Cr
Net blockRs 21 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 9 Cr
ReceivablesRs 15 Cr
Other liabilitiesRs 146 Cr
Shares outstanding (crore)2.28
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -271% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 14% of total assets in 2013 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of First Leasing Company of India Ltd?
First Leasing Company of India Ltd (500145) has a market capitalisation of Rs Cr. at the close.