Action Financial Services (India) Ltd.
Snapshot View

3.43 ▼0%

19 July 2021, 04:00:00 P.M.

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - Stock Broking Compare with Industry peers
Website http://www.actionfin.com
Financial Indicators
Market Cap 4.29 Cr.
Earnings per share (EPS) -2.01 Trailing Twelve Months Ending 2019-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2019-12
Industry PE 24.12 Trailing Twelve Months Ending 2019-12
Book Value / Share Trailing Twelve Months Ending 2019-12
Price to Book Value Calculated using Price: 3.43
Dividend Yield 0.00 Period Ending 2019-03
No. of Shares Subscribed 1.25 Cr. 12,504,500 Shares
FaceValue 10
Company Profile

Action Financial Services (India) came into existence as a registered public limited company on 1st October, 1992 in the state of Maharshtra. The company undertakes financial counseling, broking, merchant banking and depository participant activities.

It is managed by a board of directors comprising of well-qualified professionals, with a vast experience in the field of economy, finance, commerce, corporate law and administrative affairs. Action’s key personnel have a rich and in-depth experience in the field of broking and depository.

Business Activities:

a) Stock Broking Services

As a corporate member of the Bombay Stock Exchange, National Stock Exchange and Bangalore Stock Exchange, Action renders broking services to various Financial Institutions, Mutual Funds, Corporate and Retail Investors.

Action has various mutual funds like Bank of India MF, Indbank MF, SBI MF and financial institutions like IDBI, UTI, LIC etc. It is also in a process to have more mutual funds and institutional clients in its portfolio. To serve retail investors with full transparency Action has expanded its trading facilities in different parts of India by opening 11 terminals of BSE and NSE.

b) Depository Participant

Action, being a broker, was eligible to enter into depository services as a depository participant. It was one of the first brokers to get the registration with SEBI as a depository participant of NSDL in February, 1997.

At present Action has substantial number of accounts from 10 branches all over India. The better service standards, competitive and unique rate structure makes it the most preferred one. It has introduced the Tele Depository Services in a move to provide the very best to the depository accountholders.

This service ensures that security banking with the company is a convenient and enjoyable experience.

Products/Services:

Action Financial Services offers the following:

  • Broking Activities
  • Depository Activities
  • Earning Opportunity
  • IDeAS

Milestones:

  • 1992 -- Action was registered as a public limited company.
  • 1993 -- Action started with Merchant Banking and Portfolio Management activities as Category II Merchant Banker. ACTION co-managed, selected issues as a Category II Merchant Banker and launched Portfolio Management Scheme for High Net-Worth Investors.
  • 1994 -- Action acquired membership of National Stock Exchange.
  • 1995 -- Action's public issue of equity shares of Rs 21.705 million was oversubscribed by 20 times. Action also launched ATOM – Portfolio Management Scheme for Small Investors.
  • 1995 -- Action acquired membership of Bangalore Stock Exchange.
  • 1997 -- Action took over the running BSE Stock Broking business of M/s Milan R. Parekh  (M/sMilan Parekh has been a member of BSE since 1986)
  • 1997 -- Action also became one of the first Broker-Depository Participant of NSDL.  

Latest Development:

The board of directors of Action Financial Services India, at its meeting held on April 11, 2009, decided to allot 3,60,000 equity shares of Rs 10 each at a premium of Rs 9.25 per share, pursuant to the conversion of 3,60,000 Convertible Warrants issued to the promoters.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-2.00%
1 Month
-7.55%
3 Month
-18.91%
6 Month
-34.29%
1 Year
-51.62%
2 Year
-61.89%
5 Year
-44.68%
9 years 2011-03 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03
Return on Equity (%) -0.07 -0.30 0.59 0.48 0.83 0.16 -0.29 -3.24 0.99
Return on Capital Employed (%) 4.98 4.06 4.61 2.64 2.98 1.06 1.88 0.95 3.47
Return on Assets (%) -0.04 -0.17 0.39 0.33 0.57 0.12 -0.20 -2.07 0.64

Balance Sheet View Details

Particulars 9 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr.
Shh. Funds 15 15 26 26 26 26 26 25 25
Non Curr. Liab. 1 1 2 1 1 1 1 1 1
Curr. Liab. 9 8 5 9 8 9 11 12 10
Minority Int.
Equity & Liab. 24 24 32 36 35 36 39 39 37
Non Curr. Assets 8 8 7 11 9 9 8 10 9
Curr. Assets 16 16 25 25 26 27 31 29 28
Misc. Exp. not W/O
Total Assets 24 24 32 36 35 36 39 39 37

Profit Loss View Details

Particulars 9 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr.
Net Sales 3 5 5 4 3 3 3 3 4
Other Income 0 0 1 0 1 0 1 1 1
Total Income 3 5 6 4 4 4 4 4 5
Total Expenditure -2 -4 -5 -4 -3 -3 -3 -4 -3
PBIDT 1 1 1 0 1 1 1 1 1
Interest -1 -1 -1 -1 -1 -1 -1 -1 -1
Depreciation 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 0 0 0 0 0 0
Exceptional Items 1 1
PAT 0 0 0 0 0 0 0 -1 0

Cash Flow View Details

Particulars 9 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr.
Cash Fr. Operatn. -3 0 -8 1 -1 0 -2 -1 5
Cash Fr. Inv. -2 0 3 -4 2 0 1 2 -5
Cash Fr. Finan. 3 0 8 -1 -1 0 1 -1 0
Net Change -1 4 -4 0 0 1 -1
Cash & Cash Eqvt 0 0 4 0 0 0 0 1 0

Shareholding Pattern View Details

9 Qtrs 2018-09 (%) 2018-12 (%) 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%)
Promoter 38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08 38.08
Public 61.92 61.92 61.92 61.92 61.92 61.92 61.92 61.92 61.92
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Oct 2020
Statement Of Investor Complaints For The Quarter Ended September 2020
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Milan Ramniklal Parekh
Designation :- Managing Director / Whole Time Director
Wed, 21 Oct 2020
Shareholding for the Period Ended September 30 2020
Action Financial Services India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30 2020. For more details kindly Click here
Fri, 02 Oct 2020
Announcement under Regulation 30 (LODR)-Resignation of Director
With reference to the captioned subject we wish to inform you that the company has received the letter of resignation from the following directors on respective dates as mentioned below citing their inability to continue as Independent directors of the company due to certain reasons specified in their letters:
1. Mr. Harbhajan Singh Dhillon - Independent director (DIN: 05322003) - 01st October 2020
2. Mrs. Bindiya Joshi - Independent director (DIN: 08805246) - 01st October 2020
All the directors have confirmed that there are no other material reasons other than those provided in their respective letters. The letters of resignation received from them are attached herewith.

Therefore the management has accepted their resignation as Independent directors of the company w.e.f. closing of business hours of the respective dates as mentioned above and relieved them from their duties w.e.f. 01st October 2020.

Technical Scans View Details

Mon, 19 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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