RATING

RECOMMENDATION

Buy

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Buy

Business Type

Dominant Leader

RATING

RECOMMENDATION

Buy

Business Type

Dominant Leader

  • Fino Paytech Growth

Get detailed information about the Fino Paytech Share Price. In this research report, you will get to know about Fino Paytech Pre IPO data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth.

Fino Paytech Revenue Growth

Growth in %

  • 0.87%

    1 Year

  • 25.37%

    2 Year

  • 31.67%

    3 Year

Despite the hinderances in business posed by the pandemic, the company was able to maintain its revenue in FY'21 at par with FY'20 showing a minute increase of less than 1%. This was possible due to increase in enrollment income as well as income from other services in FY'21.

Fino Paytech Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

  • NA

    2 Year

  • NA

    3 Year

The company's net loss has further increased in FY'21. This is because even though the company has had an increase in revenue in FY'21, they have also increased their provision for loan loss expenses by more than INR 35Cr as well as their depreciation and amortization expenses have increased by INR 30Cr as the company has increased it's plant and machinery by INR 55Cr. approximately in FY'21.

Fino Paytech EPS Growth

Growth in %

  • NA

    1 Year

  • NA

    2 Year

  • NA

    3 Year

  • Fino Paytech Book Value Growth

Growth in %

  • -23.46%

    1 Year

  • -22.43%

    2 Year

  • 2.95%

    3 Year

Due to the net loss in FY'21 being higher than FY'20, the company's retained earnings have become further negative. This has decreased the total equity of the company and has further decreased the book value in FY'21.

Fino Paytech EBITDA Growth

Growth in %

  • -24.00%

    1 Year

  • 24.44%

    2 Year

  • NA

    3 Year

Fino Paytech Operating Profit Growth

Growth in %

  • NA

    1 Year

  • NA

    2 Year

  • NA

    3 Year

The company has increased it's provision for loan loss expenses as well as the depreciation and amortization expenses have also increased by approximately INR 30Cr in FY'21 over FY'20 as the company has increased it's plant and machinery by INR 55Cr. approximately in FY'21. Due to these increasing expenses, the company's operating profit has become negative in FY'21.

Fino Paytech Asset Growth

Growth in %

  • 19.07%

    1 Year

  • -0.13%

    2 Year

  • 2.02%

    3 Year

The company's total assets have grown by approximately 19% in FY'21 over FY'20. This is because the company has increased its current investments in T-bills by approximately INR 370Cr in FY'21. The company has also added plant and machinery of INR 55Cr approximately in FY'21 which has increased the total assets of the company.

Fino Paytech Cash Flow from Operations

Growth in %

  • 501.92%

    1 Year

  • 85.19%

    2 Year

  • NA

    3 Year

The company's cash flow from operations has increased by more than 500% in FY'21 over FY'20, which is attributable to the increase in other current financial liabilities majorly due to deposits from customers and payable on account of BC business, to more than INR 300Cr in FY'21.

  • Fino Paytech Solvency Ratios

Fino Paytech D/E Ratio

The company's long term borrowings have decreased as a result of dilution of non convertible debentures by approximately INR 24Cr in FY'21. But  due to the net loss in FY'21 being higher than FY'20, the company's retained earnings have become further negative due to which the total equity of the company has decreased. This has resulted in the company's D/E ratio rising.

Fino Paytech Current Ratio

The company's current ratio has decreased in FY'21 due to the sudden jump in  total current liabilities, a result of the large increase in deposits from customers and payables on account of BC business.

Fino Paytech Quick Ratio

Fino Paytech Interest Coverage Ratio

The company has decreased it's long term borrowings in FY'21 which is attributable to the dilution of non convertible debentures. As a result of this the interest expenses have decreased. Interest coverage is negative in FY'21, which is because of EBIT has become negative as a result of increased depreciation and other expenses.

  • Fino Paytech Operating Efficiency

Fino Paytech Operating Profit EBIT Margin(OPM)

The company's EBIT has become negative in FY'21 due to increase in provision for loan loss expenses as well as depreciation and amortization has doubled in FY'21 due to the addition of INR 55Cr. worth of plant and machinery as well as INR 9Cr worth of computer hardware, whereas the revenue has remained stable in FY'21. This has resulted in the EBIT margin becoming negative.

Fino Paytech Profit Before Tax Margin (PBT Margin)

Fino Paytech Profit After Tax Margin (PAT Margin)

The company's net loss has increased in FY'21 over FY'20, which is attributable to the increased expenses in the current year in terms of provision for loan loss expenses and depreciation and amortization expenses. The revenue of the company has increased marginally and as a result the PAT margin has become further negative in FY'21

  • Fino Paytech Profitablity Ratio

Fino Paytech Return on Equity(RoE)

The total equity of the company has decreased in FY'21 due to the retained earnings becoming further negative which is because of the company facing a higher net loss in FY'21 over FY'20. The company's net income has further decreased FY'21 due to the increase in expenses and the hinderances in business posed by the pandemic. Due to this the ROE has further declined.

Fino Paytech Return on Capital Employed(RoCE)

Fino Paytech Return to Assets (RoA)

The company's total assets have increased in FY'21 by approximately 19% over FY'20. This increase is majorly attributable to the current investments in T-bills increasing by INR 370Cr. The company has also increased its plant and machinery by INR 55Cr approximately as well as computer hardware by INR 9Cr. in FY'21. The net income of the company has become further negative due to increase in expenses in FY'21. This has resulted in the company's ROA becoming further negative.

  • Fino Paytech Valuation Ratios

Fino Paytech Earning Yield