Canopy Finance Ltd(Merged)
Canopy Finance Ltd(Merged)
Financial Services DelistedTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
3- Stock is trading at 7.38 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.80% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.64 | 0.74 | 1.2 | 0.47 | 1.69 | 0.13 | 0.12 | 0.3 | 0.38 | 0.2 | 0.37 | 0.3 | 0.14 |
| Expenses | 0.12 | 0.89 | 0.43 | 0.07 | 2.34 | 0.08 | 0.09 | 0.15 | 0.21 | 0.05 | 0.11 | 0.13 | 0.15 |
| Operating Profit | 0.52 | -0.15 | 0.77 | 0.4 | -0.65 | 0.05 | 0.03 | 0.15 | 0.17 | 0.15 | 0.26 | 0.17 | -0.01 |
| OPM % | 81.25% | -20.27% | 64.17% | 85.11% | -38.46% | 38.46% | 25% | 50% | 44.74% | 75% | 70.27% | 56.67% | -7.14% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0.52 | -0.15 | 0.77 | 0.4 | -0.65 | 0.05 | 0.03 | 0.15 | 0.17 | 0.15 | 0.26 | 0.17 | -0.01 |
| Tax % | 26.92% | 166.67% | 6.49% | 7.5% | -3.08% | 200% | -133.33% | 46.67% | 11.76% | 46.67% | 7.69% | -5.88% | -500% |
| Net Profit | 0.38 | -0.4 | 0.72 | 0.37 | -0.63 | -0.06 | 0.07 | 0.08 | 0.15 | 0.08 | 0.24 | 0.18 | 0.04 |
| EPS in Rs | 0.41 | -0.43 | 0.77 | 0.4 | -0.68 | -0.06 | 0.08 | 0.08 | 0.14 | 0.08 | 0.23 | 0.17 | 0.04 |
Profit & Loss
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0.02 | 1.02 | 0.56 | 0.23 | 0.24 | 2.24 | 5.44 | 4.94 | 3.49 | 1 | 1.01 |
| Expenses | 0 | 0 | 0.02 | 0.89 | 0.65 | 0.21 | 0.32 | 2.46 | 8.8 | 3.59 | 2.92 | 0.51 | 0.44 |
| Operating Profit | 0 | 0 | 0 | 0.13 | -0.09 | 0.02 | -0.08 | -0.22 | -3.36 | 1.35 | 0.57 | 0.49 | 0.57 |
| OPM % | — | — | 0% | 12.75% | -16.07% | 8.7% | -33.33% | -9.82% | -61.76% | 27.33% | 16.33% | 49% | 56.44% |
| Other Income | 0 | 0 | 0 | 0 | -0.01 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0 | 0 | 0 | 0.05 | -0.1 | 0.02 | -0.09 | -0.22 | -3.36 | 1.35 | 0.57 | 0.49 | 0.57 |
| Tax % | — | — | — | 80% | 0% | 0% | 0% | 0% | -8.93% | 22.96% | 10.53% | 4.08% | — |
| Net Profit | 0 | 0 | 0 | 0.01 | -0.1 | 0.02 | -0.09 | -0.22 | -3.06 | 1.04 | 0.51 | 0.46 | 0.54 |
| EPS in Rs | — | — | — | — | -0.11 | 0.02 | -0.1 | -0.24 | -3.29 | 1.12 | 0.55 | 0.43 | 0.52 |
| Div. Payout % | — | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.48 | 3.48 | 3.48 | 9.29 | 9.29 | 9.29 | 9.29 | 9.29 | 9.29 | 9.29 | 9.29 | 10.59 | 10.59 |
| Reserves | -0.07 | -0.07 | -0.07 | -0.06 | -0.16 | -0.14 | -0.23 | -0.45 | -3.52 | -2.49 | -1.98 | 1.09 | 1.5 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.53 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0.05 | 0.02 | 0.03 | 0.02 | 3.17 | 0.73 | 0.39 | 0.1 | 0.13 | 0.08 |
| Total Liabilities | 3.41 | 3.41 | 3.41 | 9.28 | 9.15 | 9.18 | 9.08 | 12.01 | 7.03 | 7.19 | 7.41 | 11.81 | 12.17 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.25 | 3.25 | 3.26 | 1.12 | 3.92 | 5.53 | 3.12 | 0 | 2.22 | 2.05 | 2.55 | 3.65 | 2.02 |
| Other Assets | 0.16 | 0.16 | 0.15 | 8.16 | 5.23 | 3.65 | 5.96 | 12.01 | 4.81 | 5.14 | 4.86 | 8.16 | 10.15 |
| Total Assets | 3.41 | 3.41 | 3.41 | 9.28 | 9.15 | 9.18 | 9.08 | 12.01 | 7.03 | 7.19 | 7.41 | 11.81 | 12.17 |
Cash Flow
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 0 | -0.65 | -0.69 | -0.21 | -0.52 | -2.96 | -0.17 | 0.68 | 0.28 | 0.93 |
| Investing | — | — | 0 | 2.14 | -2.8 | -1.62 | 2.42 | 3.12 | -2.22 | 0.17 | -0.51 | -1.09 |
| Financing | — | — | 0 | -1.45 | 3.58 | 1.71 | -1.86 | 0.03 | 2.23 | -0.9 | 0.18 | 0.23 |
| Net Cash Flow | — | — | 0 | 0.03 | 0.1 | -0.11 | 0.04 | 0.18 | -0.17 | -0.05 | -0.05 | 0.07 |
| Free Cash Flow | — | — | 0 | -0.65 | -0.69 | -0.21 | -0.52 | -2.96 | -0.17 | 0.68 | 0.28 | 0.93 |
| CFO/OP | — | — | — | -500 | 722 | -1,050 | 650 | 1,345 | 5 | 51 | 49 | 190 |
Ratios
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | — | — | 0 | 0 | 0 | 0 | 30.42 | 220 | 0 | 16.26 | 12.55 | 0 |
| Inventory Days | — | — | — | 0 | — | — | 1,460 | 830 | 0 | 11.36 | 2.92 | — |
| Days Payable | — | — | — | — | — | — | 0 | 552 | — | 0 | 0 | — |
| Cash Conversion Cycle | — | — | 0 | 0 | 0 | 0 | 1,490 | 498 | 0 | 27.62 | 15.47 | 0 |
| Working Capital Days | — | — | 2,008 | 2,877 | 3,292 | 5,634 | 8,882 | 1,393 | -70.45 | 10.34 | 46.02 | -25.55 |
| ROCE % | 0% | 0% | 0% | 0.79% | -0.98% | 0.22% | -0.88% | -2.46% | -44.39% | 20.61% | 8.08% | 5.16% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY12–FY23.
Documents
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Company Information
Incorporated in 1981, Canopy Finance Ltd is engaged in Financing and Investment Activities
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