Indo Asia Finance Ltd.
Snapshot View

7.64 ▼0%

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

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.indoasianfinance.com
Financial Indicators
Market Cap 11.46 Cr.
Earnings per share (EPS) 3.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 2.15 Trailing Twelve Months Ending 2021-03
Industry PE 89.07 Trailing Twelve Months Ending 2021-03
Book Value / Share 8.65 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.88 Calculated using Price: 7.64
Dividend Yield 0.00 Period Ending 2020-03
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
1 Week
+14.89%
1 Month
+49.80%
3 Month
+125.37%
6 Month
+121.45%
1 Year
+101.05%
2 Year
+120.17%
5 Year
+148.86%
9 years 2012-03 2013-03 2014-09 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 3.26 1.33 0.89 -41.01 -28.64 -13.47 -26.06 -51.35 -42.96
Return on Capital Employed (%) 13.16 11.71 16.67 -6.98 -6.51 -3.46 -6.85 -10.88 -5.28
Return on Assets (%) 0.66 0.22 0.15 -9.43 -10.78 -4.63 -7.43 -11.38 -6.73

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 39 39 33 14 12 12 10 9 8
Non Curr. Liab. 7 9 7 3 3 3 4 1 1
Curr. Liab. 31 30 32 4 2 3 3 4 4
Minority Int.
Equity & Liab. 76 78 71 22 17 17 17 13 13
Non Curr. Assets 32 32 56 5 1 1 1 1 0
Curr. Assets 44 46 15 17 17 16 17 13 13
Misc. Exp. not W/O
Total Assets 76 78 71 22 17 17 17 13 13

Profit Loss View Details

Particulars 9 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.
Net Sales 8 7 3 1 1 0 0 0 0
Other Income 1 7 23 0 0 0 0
Total Income 8 8 11 24 1 1 1 0 0
Total Expenditure -2 -2 -2 -26 -2 -1 -2 -2 -1
PBIDT 6 6 8 -2 -1 0 -1 -1 -1
Interest -6 -5 -8 -2 -1 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 0 0 0
Exceptional Items
PAT 0 0 0 -4 -2 -1 -1 -2 -1

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. -3 -1 21 -1 0 0 0 0 -1
Cash Fr. Inv. 0 0 -21 28 4 0
Cash Fr. Finan. 3 2 0 -27 -4 0 0 0 0
Net Change 0 0 -1 0 0 0 0 0
Cash & Cash Eqvt 1 -29 -29 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 51.67 51.65 51.65 51.65 51.65 51.65 51.67 51.67 51.67
Public 48.33 48.35 48.35 48.35 48.35 48.35 48.33 48.33 48.33
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

Fri, 16 Jul 2021
Shareholding for the Period Ended June 30 2021
Indo Asia Finance Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 15 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations 2018 for the Quarter ended June 30 2021
Thu, 15 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
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 :- Anuja Giria
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Thu, 22 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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