RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

  • ICL Fincorp Growth

Get detailed information about the ICL Fincorp Pre IPO. In this research report, you will get to know about ICL Fincorp share price data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth, and Book Value Growth.

ICL Fincorp Revenue Growth

Growth in %

  • 36.96%

    1 Year

  • 36.16%

    3 Year

  • 70.65%

    5 Year

Revenue growth of the company is majorly due to increase in interest on loans gained which grew from INR 56.7 cr. to INR 74 cr. in FY 21. Even against covid backdrop, the company exhibited a steady performance by delivering financial services to its masses. The lockdown restrictions impacted the main line of business i.e. Gold loan, as the company were not able to sanction any new loan. Though, company managed the recovery effectively by offering customers the option to make the remittances through online banking/phone transfers and other electronic modes.

ICL Fincorp Net Profit Growth(PAT)

Growth in %

  • 410.27%

    1 Year

  • 49.28%

    3 Year

  • 59.53%

    5 Year

Net profit of the company was constantly increasing, but in FY21 it has seen a commendable growth of 516.9% and has reached to 2.8Cr. There was consistent growth in operating expenses of the company, but in FY21 the increase in expenses is directly proportional to the sudden increase in interest and fees income of the company during covid, as due to pandemic people shifted towards gold loans.

ICL Fincorp EPS Growth

Growth in %

  • 425.00%

    1 Year

  • 24.05%

    3 Year

  • -7.49%

    5 Year

EPS growth of the company is bit inconsistent due to frequent increase in company's paid up capital. Even in FY21 company saw a huge rise in its profit, but due to issuance of around 1,00,000 new shares, outstanding shares of the company has increased, which led to fall in its EPS.

  • ICL Fincorp Book Value Growth

Growth in %

  • 20.03%

    1 Year

  • 40.18%

    3 Year

  • 63.29%

    5 Year

Total equity of the company is continuously increasing. In FY21 due to increase in profit, the company increased its reserves, while due to increase in shares of the company, it has seen bit fall in its book value per share.

ICL Fincorp EBITDA Growth

Growth in %

  • 50.95%

    1 Year

  • 40.73%

    3 Year

  • 63.62%

    5 Year

ICL Fincorp Operating Profit Growth

Growth in %

  • 443.47%

    1 Year

  • 58.50%

    3 Year

  • 57.28%

    5 Year

ICL Fincorp Asset Growth

Growth in %

  • 17.75%

    1 Year

  • 31.11%

    3 Year

  • 63.25%

    5 Year

Total assets of the company has increased due to increase in its loan portfolio by 20.9% and investments done by 224.2%. This also includes loan given to subsidiary of ICL Fincorp i.e., ICL Tours and Travels Private Limited and ICL Chits Ltd. While tangible assets of the company has also seen a growth of around 17.8%.

ICL Fincorp Cash Flow from Operations

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    5 Year

The company's cash flow from operations is continually negative due to a rise in loan provision during covid but a lower level of repayment by borrowers, significantly impacting the company's cash and cash equivalents.

  • ICL Fincorp Sector Specific Ratios

ICL Fincorp CAR

The Capital to Risk Assets Ratio (CRAR) of the company was 19.64% which is well above the minimum requirement of 15% CRAR prescribed by the Reserve Bank of India.

  • ICL Fincorp Solvency Ratios

ICL Fincorp D/E Ratio

The company's debt to equity ratio is growing due to a rise in debts and borrowing, which has climbed by 39.8%. However, these are backed up by loan receivables and immovable properties For the establishment of this security, the Company has additionally signed a separate deed of hypothecation in favour of Trustees. Although a high D/E ratio might be dangerous, the majority of the borrowings are secured, making them reliable.

ICL Fincorp Current Ratio

In FY21, the company's current ratio increased due to a rise in current assets, which included interest accrued on loan portfolio and advances paid.

ICL Fincorp Quick Ratio

ICL Fincorp Interest Coverage Ratio

The company's interest payable has grown, but its income has climbed as well, compensating for the effect and increasing the company's interest coverage ratio.

  • ICL Fincorp Operating Efficiency

The company's operating efficiency has increased a lot in FY21, due to unexpected rise in interest income generated. In addition, the corporation was able to keep costs under control. 

The Company is also working to improve the efficiency of current branches' operations by identifying those that are underperforming in terms of revenue generation and taking necessary steps such as combining, moving, or closing them in accordance with regulatory processes.

ICL Fincorp Operating Profit EBIT Margin(OPM)

ICL Fincorp Profit Before Tax Margin (PBT Margin)

ICL Fincorp Profit After Tax Margin (PAT Margin)

  • ICL Fincorp Profitablity Ratio

ICL Fincorp Return on Equity(RoE)

The company's ROE has surged owing to a surge in revenues, since demand for gold loans rose during the epidemic, accounting for a large amount of the company's income. This means that the corporation may now earn higher returns for its stockholders.

ICL Fincorp Return to Assets (RoA)

The company's ROA has also grown, indicating that now company is able to utilize its assets effectively to generate profits. Still, the company's ROA is substantially lower than the industry average, giving them plenty of room to expand.

  • ICL Fincorp Valuation Ratios

ICL Fincorp Dividend Yield

ICL Fincorp Earning Yield

  • ICL Fincorp Regulatory Ratios

ICL Fincorp CAR

ICL Fincorp Tier 1

Tier I capital adequacy ratio stood at 13.6% as against the minimum requirement of 12% set by RBI. 

ICL Fincorp Tier 2

Tier II capital adequacy ratio of the company stood at 6.04, which is well above the guidelines set by RBI.

  • ICL Fincorp NBFC's Ratios

ICL Fincorp Tier 1 Capital Ratio

ICL Fincorp Tier 2 Capital Ratio

ICL Fincorp Tangibe Book Value

ICL Fincorp AUM


ICL Fincorp AUM Growth

The company's AUM has risen to roughly 350 crore, representing a 46.6% gain, which is more than its peers