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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 620.3 % in the past year, decrease in net sales/revenue by -2.74 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for First Custodian Fund (India) Ltd.,. Profit dropped by -66300 % Year to Year, First Custodian Fund (India) Ltd.,’s profitability dropped by -11.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -44,200.00 % Year to Year. EPS decreased by -11.98 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.133 Cr | Rs. 0.985 Cr | Rs. 0.958 Cr | -2.74 % | + 620.3 % |
| Expenses | Rs. 0.11 Cr | Rs. 0.11 Cr | Rs. 0.17 Cr | + 54.55 % | + 54.55 % |
| Operating Profit | Rs. 0.02 Cr | Rs. 0.88 Cr | Rs. 0.79 Cr | -10.23 % | + 3850 % |
| OPM % | 15.04 % | 89.34 % | 82.46 % | -6.88 % | + 67.42 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.01 Cr | Rs. 0.84 Cr | Rs. 0.76 Cr | -9.52 % | + 7700 % |
| Tax % | -0 % | 10.69 % | 13.12 % | + 2.43 % | + 13.12 % |
| Net Profit | Rs. -0 Cr | Rs. 0.75 Cr | Rs. 0.66 Cr | -12 % | 0 % |
| EPS in Rs | Rs. -0.01 | Rs. 5.01 | Rs. 4.41 | -11.98 % | + 44200 % |
Today, we’re looking at First Custodian Fund (India) Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 620.3 %. However, it did see a marginal slip of -2.74 % from the previous quarter. Expenses ticked up slightly by 54.55 % quarter-on-quarter, aligning with the annual rise of 54.55 %. Operating profit, while up 3850 % compared to last year, faced a quarter-on-quarter dip of -10.23 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 67.42 %, but a shrinkage of -6.88 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 7700 % but saw a reduction from the preceding quarter by -9.52 %.
Tax expenses as a percentage of profits increased slightly by 13.12 % compared to last year, with a more notable quarter-on-quarter increase of 2.43 %. but witnessed a -12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 44200 % but a quarterly fall of -11.98 %. In summary, First Custodian Fund (India) Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.133 Cr | Rs. 0.985 Cr | Rs. 0.958 Cr | -2.74 % | + 620.3 % |
| Expenses | Rs. 0.11 Cr | Rs. 0.11 Cr | Rs. 0.17 Cr | + 54.55 % | + 54.55 % |
| Operating Profit | Rs. 0.02 Cr | Rs. 0.88 Cr | Rs. 0.79 Cr | -10.23 % | + 3850 % |
| Net Profit | Rs. -0 Cr | Rs. 0.75 Cr | Rs. 0.66 Cr | -12 % | 0 % |
| EPS in Rs | Rs. -0.01 | Rs. 5.01 | Rs. 4.41 | -11.98 % | + 44200 % |
In reviewing First Custodian Fund (India) Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 620.3 % year-on-year growth, although there was a slight dip of -2.74 % from the previous quarter. Expenses rose by 54.55 % compared to the previous year, with a 54.55 % increase quarter-on-quarter. Operating Profit surged by 3850 % annually, and saw a -10.23 % decrease from the last quarter.
and experienced a -12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 44200 % annually, however dipped by -11.98 % compared to the last quarter. In essence, while First Custodian Fund (India) Ltd., exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
54
3-Year Profit
42
5-Year Profit
51
10-Year Profit
157
Current Price
3,820
Market Cap
In analyzing the financial results for the company marked by BSE code 532406, a clear trend emerges. Over a five-year span, the company reported a profit of 42 percents, which increased to 54 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 42 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 112 percents over the past five years but has recently decreased to 47 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 49 percents, pointing to longer-term concerns that could affect the company's future prospects.
Currently valued at ₹3,820 crore, the company's stock price stands at ₹157. Over the years, it has seen significant fluctuations, with its price ranging from ₹224 / 86.0, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 65.0, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹8.09, which represents the net asset value of the company per share. The dividend yield of 0.12% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 47.4%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 38.7%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.09, signaling conservative financial management. However, the net cash flow is negative at ₹0.86 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 8.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹21.0, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 19.4, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
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