ICL Fincorp Unlisted Share

₹24

*Average Price as per 8 May, 2024

Fundamentals

FACE VALUE

BOOK VALUE

16.36

NO OF SHARES

44334952

EPS

0.63

SALES

16.72

INDUSTRY PE

24.03

DIVIDEND

DIVIDEND YIELD

38.1

1.47

6.37

MARKET CAP

106.4

EQUITY

PAT

MESSAGE

OVERVIEW

The initial lock down that was announced by the Government on March 25, 2020 which lasted up to April 14, 2020. Further, lock downs were extended by the Government several times during the Financial Year 2020-2021 which resulted in complete stoppage of branch operations. The performance of even the well capitalized Companies were affected due to COVID-19 situation during the Financial Year 2020-2021 and this Company is no exception to this as far as the business levels of the Company is concerned. The Company could only improve the advances from Rs.249,45,76,802/-to Rs.300,47,60,543/-, ie 20% growth only in advances portfolio. The Board has taken adequate measures to ensure sufficient liquidity is available at all times during the pandemic period prevailed during the major part of the Financial Year 2020-2021 by proper Asset Liability Management (ALM). Despite all these circumstances and adverse market conditions during the Financial Year 2020-2021, the Company could post reasonable results. The Company has opened 8 new branches during the Financial Year 2020 2021 there by taking a total Branch Network to 180 as on March 31, 2021.

The deferred revenue expenditures to the extent of Rs.1,96,27,066/- was written off during the Financial Year 2020-2021 which slightly brought down the net profits of the Company.

INSIGHT

The total income for the Financial Year 2020-2021 was Rs. 75,99,11,373/ as against Rs. 57,02,16,165/- during the preceding Financial Year 2019 2020. In absolute terms the Company has registered a growth of Rs. 18,96,95,208 during the Financial Year 2020-2021 over the preceding Financial Year 2019-2020. In percentage term it worked out to 33.27%. The Company registered a net profit of Rs. 1,42,34,349/- during the Financial Year 2020-2021 as against a net profit of Rs. 57,31,734/ achieved during the preceding Financial Year 2019-2020. The Company has more than doubled its net profit during the Financial Year 2020-2021 despite adverse market conditions. prevailed during the major part of the Financial Year 2020-2021 on account of the pandemic situation.

ANNUAL REPORT

ICL Fincorp Annual Report 2020-2021

ICL Fincorp Annual Report 2019-2020

ICL Fincorp Annual Report 2018-2019

SECONDARY NAME

ICL Fincorp Unlisted Share

ISIN

INE01CY01013

CDSL

Yes

NSDL

Yes