PTC India Financial Services Analysis

dividend

Pros

• Dividends paid are well covered by earnings (2.1x coverage).
• India Financial Services's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• India Financial Services's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

• Dividend payments have increased, but India Financial Services only paid a dividend in the past 7 years.
• India Financial Services has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

health

Pros

• India Financial Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• India Financial Services is profitable, therefore cash runway is not a concern.
• India Financial Services is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (34.8%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 1.2x debt.
• India Financial Services's cash and other short term assets cover its long term commitments.
• Low level of unsold assets.

Cons

• The level of debt compared to net worth has increased over the past 5 years (355.3% vs 438.6% today).
• India Financial Services's level of debt (438.6%) compared to net worth is high (greater than 40%).

management

Pros

• Pawan's remuneration is lower than average for companies of similar size in India.
• Pawan's compensation has been consistent with company performance over the past year, both up more than 20%.
• The tenure for the India Financial Services management team is about average.

Cons

• The average tenure for the India Financial Services board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• India Financial Services is not covered by any analysts.
• India Financial Services has significant price volatility in the past 3 months.

past

Pros

Cons

• India Financial Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.
• India Financial Services's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
• India Financial Services used its assets less efficiently than the IN Capital Markets industry average last year based on Return on Assets.
• India Financial Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• India Financial Services's 1-year earnings growth is negative, it can't be compared to the IN Capital Markets industry average.

value

Pros

• India Financial Services is good value based on assets compared to the IN Capital Markets industry average.
• India Financial Services is good value based on earnings compared to the IN Capital Markets industry average.
• India Financial Services is good value based on earnings compared to the India market.
• BSE:533344 is up 32.2% outperforming the Capital Markets industry which returned 8.7% over the past month.
• BSE:533344 is up 32.2% outperforming the market in India which returned 8% over the past month.

Cons

• 533344 underperformed the Capital Markets industry which returned -21% over the past year.
• 533344 underperformed the Market in India which returned -14.5% over the past year.