Indo Asia Finance Ltd.
Snapshot View

12.75 -0.40 ▼-3.0%

18 May 2022, 04:01:00 PM
Volume: 1,725

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.indoasianfinance.com
Market Cap 19.13 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 3.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 3.58 Trailing Twelve Months Ending 2021-03
Industry PE 40.14 Trailing Twelve Months Ending 2021-03
Book Value / Share 10.12 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.26 Calculated using Price: 12.75
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.50 Cr. 15,000,000 Shares
FaceValue 10
Company Profile

Indo Asian Finance was incorporated as a private company on April 17, 1990 in the name and style of Anand Rishub Finance. Indo Asian Finance is a non-banking financial company and its registered office is located in Chennai. The company is engaged in hire purchase finance within the state of Tamil Nadu.

Business areas of the company:

The company was primarily engaged in the business of Hire Purchase which had been the traditional mode of business of the Challani family for decades. Gradually, the company started to diversify into profitable finance schemes like leasing etc. and soon established its presence in these areas.

The company's main business is Hire Purchase and Leasing of Motor Vehicles, Machineries, equipments etc.

Milestones:

1990- Indo Asian Finance was initially incorporated as a Private Limited Company on 17th April, in the name and style of Anand Rishub Finance Private Limited. Then it was converted into Public Limited Company with effect from August 29, 1991 and the name changed to Challani Credits.

The company was primarily engaged in the business of Hire Purchase which had been the traditional mode of business of the Challani family for decades. Gradually, the company started to diversify into profitable finance schemes like leasing etc. and soon established its presence in these areas.

The company's main business is Hire Purchase and Leasing of Motor Vehicles, Machineries, equipments etc.

1991- The company has been in the Hire purchase and Lease business since September. The company now intends to cater to corporate clients and finance assets on lease to large and medium sized companies also. Hire Purchase disbursements are mainly in the retail auto segments, covering commercial vehicles.

1992- The name was changed to Indo Asian Finance on 14th July, and further more Directors traditionally engaged in the same business along with substantial contribution joined to strengthen the board.

The company is now proposing to finance under corporate sector in a big way. With its established contacts backed by its marketing team, the company will be concentrating more on corporate sector both under Hire Purchase as well as Leasing.

1995-J.Padam Challani, the Managing Director was redesignated as wholetime director of the company with effect from 14th July. Madanlal Gundecha, Joint Managing Director of the company was redesignated as Wholetime Director of the company with effect from 1st July.

1996 -Lalchand Galada resigned for personal reasons as a Director of the company with effect from 30th April.

1999 -The company is graded as a BBB+ rated company by CARE for its deposit programme.

2000-Indo Asian Finance will be entering the business of micro banking within the next couple of months by setting up local area banks.

Awards and achievements:

• The company has been given a BBB+ rating from CARE for fixed deposits.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.04%
1 Week
-19.81%
1 Month
-21.97%
3 Month
+21.20%
6 Month
+42.94%
1 Year
+229.46%
2 Year
+242.74%
5 Year
+264.29%
10 Year
+37.69%
9 years 2013-03 2014-09 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 1.33 0.89 -41.01 -28.64 -13.47 -26.06 -51.35 -42.96 73.17
Return on Capital Employed (%) 11.71 16.67 -6.98 -6.51 -3.46 -6.85 -10.88 -5.28 41.48
Return on Assets (%) 0.22 0.15 -9.43 -10.78 -4.63 -7.43 -11.38 -6.73 40.74

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-09 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12* Rs. Cr.
Shh. Funds 39 33 14 12 12 10 9 8 13 15
Non Curr. Liab. 9 7 3 3 3 4 1 1 0 0
Curr. Liab. 30 32 4 2 3 3 4 4 1 0
Minority Int.
Equity & Liab. 78 71 22 17 17 17 13 13 13 15
Non Curr. Assets 32 56 5 1 1 1 1 0 0 1
Curr. Assets 46 15 17 17 16 17 13 13 13 15
Misc. Exp. not W/O
Total Assets 78 71 22 17 17 17 13 13 13 15

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-09 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 7 3 1 1 0 0 0 0 1
Other Income 1 7 23 0 0 0 0 3
Total Income 8 11 24 1 1 1 0 0 1 3
Total Expenditure -2 -2 -26 -2 -1 -2 -2 -1 0 0
PBIDT 6 8 -2 -1 0 -1 -1 -1 0 2
Interest -5 -8 -2 -1 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 0 0
Exceptional Items 5
PAT 0 0 -4 -2 -1 -1 -2 -1 5 2
Adjusted EPS 0 0 -5 -2 -1 -1 -2 -1 4 1

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-09 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -3 -1 21 -1 0 0 0 0 -1 0
Cash Fr. Inv. 0 0 -21 28 4 0
Cash Fr. Finan. 3 2 0 -27 -4 0 0 0 0 0
Net Change 0 0 -1 0 0 0 0 0 0
Cash & Cash Eqvt 1 -29 -29 0 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 51.65 51.65 51.67 51.67 51.67 71.00 71.00 71.00 70.94
Public 48.35 48.35 48.33 48.33 48.33 29.00 29.00 29.00 29.06
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

Tue, 17 May 2022
Board Meeting Intimation for Considering And Approving The Audited Financials Of The Company For The Year Ended March 31 2022.
INDO ASIAN FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2022 inter alia to consider and approve The audited financials of the Company for the yearended March 31 2022.
Wed, 04 May 2022
SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 Dated 26Th November 2018- Fund Raising By Issuance Of Debt Securities By Large Entities
We hereby confirm that as on March 31 2021 the Company does not fall under the categories as mentioned in Para No. 2.2 of SEBI circular no. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018 and hence the Company is not Large Corporate.
Wed, 13 Apr 2022
Clarification sought from Indo Asia Finance Ltd
The Exchange has sought clarification from Indo Asia Finance Ltd on April 13 2022 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

The reply is awaited.

Technical Scans View Details

Wed, 18 May 2022
Higher Trade Quantity Higher Trade Quantity
Opening at Low Opening at Low
Closing Below Previous Low Closing Below Previous Low
Closing Below Previous Low for 3 days Closing Below Previous Low for 3 days
Making Lower Lows for 3 days Making Lower Lows for 3 days

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