Financials AF Enterprises Limited

Equities

AFEL

INE663P01015

Investment Management & Fund Operators

Delayed Bombay S.E. 06:58:14 21/06/2024 BST 5-day change 1st Jan Change
10.42 INR -4.93% Intraday chart for AF Enterprises Limited +3.99% +108.40%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 15.2 13.56 28.04 143.7 1,549 195.2
Enterprise Value (EV) 1 -84.91 17.18 58.31 163.2 1,601 258.5
P/E ratio -0.63 x 2.67 x 1.62 x 6.99 x 129 x 67.6 x
Yield - - - - - -
Capitalization / Revenue 0.12 x 0.04 x 0.05 x 0.38 x 3.19 x 0.8 x
EV / Revenue -0.69 x 0.05 x 0.11 x 0.43 x 3.3 x 1.06 x
EV / EBITDA 2.64 x 0.96 x -7.63 x 8.2 x 237 x -5.44 x
EV / FCF -1.11 x 2.28 x -0.91 x -4.2 x -16 x -1.42 x
FCF Yield -90.1% 43.8% -110% -23.8% -6.26% -70.4%
Price to Book 0.88 x 0.61 x 0.71 x 0.68 x 8.36 x 0.59 x
Nbr of stocks (in thousands) 4,000 4,000 4,000 9,514 12,914 14,114
Reference price 2 3.800 3.390 7.010 15.10 120.0 13.83
Announcement Date 14/07/18 04/09/19 08/09/20 08/09/22 08/09/22 08/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 122.7 322.3 540.1 377 485.8 242.9
EBITDA 1 -32.15 17.93 -7.638 19.92 6.755 -47.47
EBIT 1 -32.82 17.09 -26.97 7.273 -3.246 -55.63
Operating Margin -26.75% 5.3% -4.99% 1.93% -0.67% -22.91%
Earnings before Tax (EBT) 1 -32.36 4.889 19.11 16.14 16.53 8.765
Net income 1 -24.03 5.061 17.32 10.52 11.14 3.732
Net margin -19.59% 1.57% 3.21% 2.79% 2.29% 1.54%
EPS 2 -6.010 1.270 4.330 2.160 0.9300 0.2046
Free Cash Flow 1 76.47 7.521 -64.2 -38.88 -100.3 -181.9
FCF margin 62.34% 2.33% -11.89% -10.31% -20.65% -74.89%
FCF Conversion (EBITDA) - 41.95% - - - -
FCF Conversion (Net income) - 148.61% - - - -
Dividend per Share - - - - - -
Announcement Date 14/07/18 04/09/19 08/09/20 08/09/22 08/09/22 08/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 3.62 30.3 19.6 52.4 63.3
Net Cash position 1 100 - - - - -
Leverage (Debt/EBITDA) - 0.2019 x -3.963 x 0.983 x 7.757 x -1.333 x
Free Cash Flow 1 76.5 7.52 -64.2 -38.9 -100 -182
ROE (net income / shareholders' equity) -82.2% 25.6% 55.9% 14.3% 7.65% 1.32%
ROA (Net income/ Total Assets) -14% 3.79% -2.5% 0.41% -0.15% -2.35%
Assets 1 172.1 133.5 -693.2 2,582 -7,407 -159.1
Book Value Per Share 2 4.310 5.570 9.910 22.10 14.30 23.50
Cash Flow per Share 2 0.0400 0.7500 0.0200 3.770 0.9100 0.4200
Capex 1 1.6 - 86 - - 3.04
Capex / Sales 1.3% - 15.93% - - 1.25%
Announcement Date 14/07/18 04/09/19 08/09/20 08/09/22 08/09/22 08/09/23
1INR in Million2INR
Estimates
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