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Get detailed information about the SMILE Microfinance Share Price. In this research report, you will get to know about SMILE Microfinance Pre IPO data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth.
Growth in %
-15.53%
1 Year
16.58%
5 Year
4.64%
9 Year
Total income of the company has decreased due to fall in interest income of the company, as company disbursed less amount of loan this year, also due to covid, people were not able to fulfill their interest obligations. Company was also not able to generate enough returns on its investments due to low market sentiments.
Growth in %
28.63%
1 Year
-1.57%
4 Year
-5.03%
9 Year
A significant fall in company's profit can be seen from last 2 years, the fall is primarily due increase in number of branches from 105 to 144 and the expenses incurred by the company to update their digital infrastructure. During the pandemic, company also increased its employee expenses, as one of the major focus of the company was welfare of employees, also the company experienced increase in Impairment of financial instrument which further led to increase in their overall expenses.
Growth in %
28.59%
1 Year
-1.57%
4 Year
-5.04%
9 Year
EPS of the company is falling primarily due to rise in expenses of the company, while interest income of the company is decreasing.
Growth in %
1.31%
1 Year
12.28%
4 Year
7.41%
9 Year
Average book value of the company is rising, while in FY21 total equity of the company has decreased due to fall in reserves and surplus of the company.
Growth in %
57.85%
1 Year
6.33%
4 Year
-2.03%
9 Year
Growth in %
51.78%
1 Year
3.35%
4 Year
-3.74%
9 Year
Growth in %
-21.72%
1 Year
17.02%
5 Year
11.19%
9 Year
A decrease in assets of the company can be seen which is primarily due to sale of commissioned assets during the year. Also tangible assets of the company has decreased. While in FY21 due to the pandemic loans provided by the company has also decreased, as company was more cautious towards providing loans due to increasing NPA's.
Growth in %
137.82%
1 Year
94.55%
5 Year
21.59%
9 Year
In FY21, the company got working capital loans, which increased cash inflow while paying lower financing costs and seeing a decrease in payables, resulting in an overall increase in cash flow from operating operations.
SMILE MICROFINANCE Capital Adequacy Ratio(CAR)
A marginal rise in capital adequacy ratio of the company can be seen as company has increased its Tier 1 and Tier 2 capital. The company's CAR is well above the required 15.0% of aggregate risk weighted assets.
SMILE MICROFINANCE RORWA
Return on risk weighted assets of the company is continuously decreasing from past 3 years, as net profit of the company is decreasing and even risk weight on assets of the company are increasing. In FY21 company saw a loss which led to negative RORWA. This indicates that the firm is unable to create profit for each unit of risk taken, and in fact, is losing money. This indicates that the company is unable to control its risk appetite in proportion to the profits earned.
SMILE MICROFINANCE Net NPA
In previous years company had net NPA 0, but in the pandemic company saw several NPA's, as people were not able to pay back the borrowed amount.
SMILE MICROFINANCE Gross NPA
Growth in %
391.9 %
1 Year
141.03 %
4 Year
64.67 %
6 Year
In previous years company has low GNPA, which shows good management of funds by the company, while in FY21 it has increased to 9.5%, due to the pandemic. This situation may get better with the improvement in the economy.
A marginal decrease in debt to equity ratio can seen. A debt to equity ratio of 3.25x suggests that the company has a moderate to high risk of debt. This fall was due to decrease in borrowings of the company, while the equity of the company has also decreased due to reduction in reserves and surplus.
Current ratio of the company has seen a major fall due to reduction in cash held with the company, as during the pandemic the industry saw a downtrend, which led the company to use its current assets.
The interest coverage ratio of the company has significantly decreased due to negative profit after tax of the company, but this was led by the pandemic, as the situation will get better, solvency position of the company will also improve.
A decrease in the company's margins can be seen; the decrease is primarily due to losses incurred by the company during the pandemic, but the continuous decrease was also driven by an increase in the number of branches from 105 to 144, the company's expansion of its branch network to new states, and expenses incurred by the company to update their digital infrastructure. The company's margins are expected to improve in the future.
The company has seen negative ROE and ROA, as during FY21 company was not able to generate profits and hence was not able to provide returns to its shareholders.
SMILE MICROFINANCE Dividend Yield
SMILE MICROFINANCE CAR
SMILE MICROFINANCE Tier 1
SMILE MICROFINANCE Tier 2
SMILE MICROFINANCE Tier 1 Capital Ratio
SMILE MICROFINANCE Tier 2 Capital Ratio
SMILE MICROFINANCE Tangibe Book Value
SMILE MICROFINANCE AUM
During the pandemic, company couldn't get huge amount of funds, even banks were afraid of providing funds to MFI's, this led to fall in assets under management of the company. The company may see improvement as the situation gets better.
SMILE MICROFINANCE AUM Growth
