Fincare Business Service Unlisted Shares

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Fincare Business Service Growth

Fincare Business Service Revenue Growth

The company's net revenue has increased by 6.7% year-on-year (y-o-y) due to the company expanding its reach by opening 135 new outlets to service a larger number of underprivileged Indians

Fincare Business Service Net Profit Growth(PAT)

Net profit decreased by 146.0% in FY22. The first half of FY22 was under the impact of the Delta version of the covid virus, due to which there was an increase of 67.3% in provision for loan losses hence the company reported net loss of Rs. 29.2 Cr in FY22.

Fincare Business Service EPS Growth

EPS of the company has seen a fall purely due to a fall in profit of the company, while the company issued 13,32,656.0 shares against employee stock options, increasing the number of equity shares from 32,84,17,440.0 to 32,97,50,096.0

Fincare Business Service Book Value Growth

The company has its business of lending money and therefore it has to keep a threshold of money as statutory reserves depending on the risk profile of the company. Due to covid-19, the company has to increase its statutory reserves from Rs. 964.0 Cr in FY21 to Rs. 2,266.0 Cr in FY22 which further increased its equity in FY22 and thus the book value.

Fincare Business Service EBITDA Growth

The operating profit of the company declined at each and every level primarily on account of an increase in the provision for loan losses and an increase in employee benefits due to the opening up of new outlets

Fincare Business Service Operating Profit Growth

Fincare Business Service Asset Growth

Due to an increase in investments and loans given to its subsidiary firm, Fincare Small Finance Bank, the company's total assets have grown by almost 30.2%. The company's loans increased overall by 24.4%.

Fincare Business Service Cash Flow from Financing

The Cash Flow From Financing has grown due to the company raising funds through the issuance of equity share capital and raising funds by borrowing under the Liquidity Adjustment Facility (LAF) from RBI

Fincare Business Service Solvency Ratios

Fincare Business Service D/E Ratio

There was a lot of disruption in businesses and in the lives of people due to Covid-19. Businesses and people were not able to pay back their interest and loans and banks had to make provisions for loans. In order to make up for these losses and run their businesses banks had to raise capital by issuing share capital and taking debt as well. Therefore debt borrowings of the company increased hence increasing the debt to equity of the company.

Fincare Business Service Current Ratio

Due to an increase in short-term borrowings of the company, its current liabilities have increased significantly and hence its current ratio has decreased significantly.

Fincare Business Service Quick Ratio

Fincare Business Service Interest Coverage Ratio

Fincare Business Service Operating Efficiency

The operating efficiency of the company is deteriorating for the past couple of years due to an increase in the provision of impaired assets made by the company. The company's profitability decreased as a result, despite increased net interest income.

Fincare Business Service Operating Profit EBIT Margin(OPM)

Fincare Business Service Profit Before Tax Margin (PBT Margin)

Fincare Business Service Profit After Tax Margin (PAT Margin)

Fincare Business Service Profitablity Ratio

Fincare Business Service Return on Equity(RoE)

The company's ROE has declined as a result of a loss in earnings caused by increased expenses, rising minority interest income, and reserves retained in accordance with banking and RBI rules.