Home MarketBharat Financial Inclusion Ltd.

Bharat Financial Inclusion Ltd. Stock Info: As on 2017-07-25 15:59:57

Nse

793.30

8.45(1.08%)
Change%
52 Week Range
465.10
27.00
939.00
29.00
Open786.50
Day's Range706.37 - 863.34
Value Traded (in ₹ Cr.) 81.02

Bse

791.90

7.25(0.92%)
Change %
52 Week Range
465.40
27.00
938.75
29.00
Open789.40
Day's Range706.19 - 863.12
Value Traded (in ₹ Cr.) 7.24

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 2,290,219.00 1.66%
IndianPromoters 0.00 0.00%
Mutual Funds/UTI 9,946,139.00 7.21%
FII 94,314,822.00 68.33%
Employee 0.00 0.00%
Public 13,342,989.00 9.67%
Government 0.00 0.00%
Others 8,496,231.00 6.16%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 5.94
Basic EPS (Rs.) 23.90
Cash EPS 24.45
BVPerShare Excl 108.63
Operating Revenue 91.83
PBDITPerShare 69.66
Dividend 0.00
NPPerShare 23.80
Current Ratio 1.88
Quick Ratio 1.88
PriceToBV 5.02
Earnings 0.04
PBDIT Margin 75.85
PBT Margin 33.69
NP Margin 25.91
Return On Assets 4.23
Retention Ratios 0.00
Parameter Mar-16 (₹ Cr.) Yoy%change
Total Income 1,320.67
Total Expenses 926.78
EBITDA 886.83
PBT 393.89
PAT 302.98
Net Income 302.98
More
Parameter Mar-16 (₹ Cr.) 6M % change
Total Income 713.74
Total Expenses 233.65
EBITDA 474.56
PBT 213.25
PAT 163.97
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-16 (₹ Cr.) Yoy%change
Total share capital 127.31
Net worth 1,383.00
Investments 0.20
Total Liability 7,153.70
Total debt 2,913.05
Net block 16.45
Total Assets 7,153.70
Parameter Mar-16 (₹ Cr.) 6M % change
Total share capital 127.31
Net worth 1,383.00
Investments 0.20
Total Liability 7,153.70
Total debt 2,913.05
Net block 16.45
Total Assets 7,153.70
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27.1 27.25 -0.55
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Parameter Mar-16(in ₹ Cr.)
Cash from operating activities -1,634.78
Cash from investing activities -14.73
Cash from financing activities 1,872.37
Net change in cash 222.86

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
ICICI Prudential Equity - Arbitrage Fund 1.14%
IDFC Premier Equity Fund 1.46%
IDFC Premier Equity Fund - Plan B 1.46%
Edelweiss Arbitrage Fund 2.73%
Birla Sun Life Enhanced Arbitrage Fund 1.90%
ICICI Prudential Long Term Equity Fund 1.14%

Hindustan Copper signs MoU with MIDHANI

Hindustan Copper Limited (HCL) has said that it has signed a Memorandum of Understanding (MoU) with Mishra Dhatu Nigam Limited (MIDHANI), a CPSE under the Ministry of Defence at HCL Corporate Office, Kolkata, on 22nd July 2017, for a joint collaboration in area of production of Copper Nickel tubes and related items. “This will promote Make in India Initiative and create significant business synergy for HCL & MIDHANI. The MoU was signed by Shri K. D. Diwan, CMD, HCL, and Dr D. K. Likhi, CMD, MIDHANI in presence of senior officers of HCL and MIDHANI,” the company said in a filing to the Bombay Stock Exchange. Hindustan Copper Limited (HCL), a public sector enterprise of the Government of India was incorporated on 9th November 1967. It has the distinction of being India's only vertically integrated copper producing company encompassing mining, beneficiation, smelting, refining and casting of refined copper metal. Meanwhile, shares of the company were trading at Rs 66.30 apiece, up 1.92 per cent from the previous close at 10:30 hours on BSE.

25-07-2017 10:22

Ashok Leyland bags order worth Rs 650 cr from KSRTC

Hinduja group flagship firm Ashok Leyland has said that it has bagged an order worth Rs 650 crore for 3,019 buses from Kerala State Road Transport Corporation (KSRTC). This order will fulfil requirements from KSRTC and its subsidiaries such as North Western Karnataka Road Transport Corporation (NWKRTC), Bangalore Metropolitan Transport Corporation (BMTC) and North Eastern Karnataka Road Transport Corporation (NEKRTC). The order includes models such as 210” WB, fully built 210’ WB chassis for Karnataka Saarige bus, fully built 222” WB for Rajahamsa bus, fully built non-AC sleeper coaches on 222” WB chassis and fully built Midi bus on 205” WB chassis. “One of the largest from a state transport undertaking, the order will be executed in the current financial year,” Ashok Leyland said in a filing to the Bombay Stock Exchange. Our ability to bring value to customers like KSRTC is a testament to our superior technology and innovation, combined with low costs, the company's Managing Director Vinod K Dasari said. Meanwhile, shares of the company were trading at Rs 104.65 apiece, up 0.58 per cent from the previous close at 09:59 hours on BSE.

25-07-2017 09:52

Lupin bags approval for Fluocinonide Topical Solution

Pharma Major Lupin Limited (Lupin) has said that it has received final approval for its Fluocinonide Topical Solution USP, 0.05 per cent from the United States Food and Drug Administration (FDA) to market a generic version of County Line Pharmaceuticals, LLC’s Fluocinonide Topical Solution USP, 0.05 per cent. “Lupin’s Fluocinonide Topical Solution USP, 0.05% is AT rated generic equivalent of County Line Pharmaceuticals, LLC’s Fluocinonide Topical Solution USP, 0.05%. It is indicated for the relief of the inflammatory and pruritic manifestations of corticosteroid-responsive dermatoses,” the company said in a filing to the Bombay Stock Exchange. Fluocinonide Topical Solution USP, 0.05% had US sales of USD 32.4 million (IMS MAT March 2017). Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and APIs globally. The Company is a significant player in the Cardiovascular, Diabetology, Asthma, Pediatric, CNS, GI, Anti-Infective and NSAID space and holds global leadership position in the Anti-TB segment. Meanwhile, shares of the company were trading at Rs 1133 apiece, down 0.84 per cent from the previous close at 09:30 hours on BSE.

25-07-2017 09:23

Vodafone India-Idea Cellular merger deal gets CCI nod

The Competition Commission approved the merger of Vodafone India and Idea Cellular, said lawyers who worked on the deal, which will create the country's largest telecom operator, reported PTI. Shardul Amarchand Mangaldas and Co said the regulator has unconditionally approved merger of the telecommunications businesses of Vodafone India and its wholly-owned subsidiary Vodafone Mobile Services, with Idea Cellular. The USD 23 billion transaction is the largest transaction by value in the history of Indian M&A, it said in a statement. Shardul Amarchand Mangaldas and Co advised Vodafone India and Vodafone Mobile Services on the deal. According to the statement, the regulator carried out a comprehensive review of the transaction and concluded that there was no appreciable adverse effect on competition from the proposed merger. The CCI approval, within Phase 1, is a very welcome development for both the Indian M&A landscape and the telecom sector, and will serve to fuel more investment in capacity and coverage across a battling telecom sector in India, Shweta Shroff Chopra, Partner at Shardul Amarchand Mangaldas, said. Phase 1 refers to the deal being approved within 30 working days as provided by the Competition Act. Law firm Trilegal, which advised Idea Cellular on the competition law aspects, said the deal with Vodafone India has received CCI approval. The proposed merger involved a merger of two of the biggest telecom companies in India and will create the largest telecom player in India, creating significant efficiencies and synergies, Trilegal said in a separate statement. Getting approval within Phase I implies that the deal would not be subject to detailed scrutiny. Transactions where there are prima facie concerns that they would adversely impact competition are taken into Phase II for an in-depth scrutiny. Mergers and acquisitions beyond a certain threshold require approval of the Competition Commission of India (CCI), which keeps a tab on unfair business practices across sectors. The deal, announced in March this year, will create the country's largest mobile phone operator worth more than USD 23 billion with a 35 per cent market share. Post the transaction, Vodafone will own 45.1 per cent stake in the merged entity while the Aditya Birla group, Idea's parent, will have 26 per cent shareholding after paying Rs 3,874 crore cash for a 4.9 per cent stake. The remaining 28.9 per cent will be held by other shareholders.

25-07-2017 00:19

SIS India sets IPO band at Rs. 805-815

Security and Intelligence Services (India) Ltd (SIS) has set the price band of Rs. 805-815 per share for its initial public offering (IPO) through which it aims to raise up to Rs. 780 crore, sources said. The initial share-sale offer will open for public subscription on July 31 and close on August 2, merchant banking media reports said. The company provides security solutions and business support services to a wide range of customers across India and Australia. The IPO comprises fresh issue of shares worth Rs. 362.25 crore and an offer for sale of up to 51,20,619 shares by the existing shareholders. Net proceeds from the fresh issue will be utilised for repayment and pre-payment of a portion of certain outstanding indebtedness, funding working capital requirements and for general corporate purposes, as per the Draft Red Herring Prospectus (DRHP). According to the sources, the company is estimated to raise around Rs. 780 crore at the higher end of the price band. Axis Capital, ICICI Securities, IIFL Holdings, Kotak Mahindra Capital Company are global coordinators and book running lead managers to the issue. SBI Capital Markets, IDBI Capital Markets and Securities and Yes Securities (India) are merchant bankers to the issue. In January, SIS had received market regulator SEBI’s go ahead to float an initial public offer.

25-07-2017 00:14

Bharat Financial Inc - Shareholders meeting

Bharat Financial Inclusion Limited has informed the Exchange with copy of minutes of Annual General Meeting held on July 07, 2017

22-Jul-2017 06:20 PM

Bharat Financial Inc - Allotment of ESOP/ESPS

Bharat Financial Inclusion Limited has informed the Exchange regarding allotment of 7131 Equity Shares under ESOP

21-Jul-2017 04:01 PM

Bharat Financial Inc - Updates

Sub: Submission of Annual Report

Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform that the Members of the Company have adopted the
Annual Report, inter alia, audited financial statements for the year ended March 31, 2017, together with reports of Auditors and Directors thereon, at the 14th Annual General Meeting held on July 7, 2017, as per the provisions of the Companies Act, 2013.

A copy of the Annual Report as adopted by the Members of the Company is enclosed.

We request you to take the above on record and acknowledge receipt.

15-Jul-2017 10:59 AM

Bharat Financial Inc - Shareholders meeting

Bharat Financial Inclusion Limited has informed the Exchange regarding voting results of Annual General Meeting held on July 07, 2017

10-Jul-2017 08:42 AM

Bharat Financial Inc - Shareholders meeting

Bharat Financial Inclusion Limited has submitted the Exchange a copy of Srutinizers report of Annual General Meeting held on July 07, 2017. Further, the company has informed the Exchange regarding voting results.

10-Jul-2017 08:05 AM

Bharat Financial Inc - Updates

Sub: Submission of Annual Report

Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform that the Members of the Company have adopted the
Annual Report, inter alia, audited financial statements for the year ended March 31, 2017, together with reports of Auditors and Directors thereon, at the 14th Annual General Meeting held on July 7, 2017, as per the provisions of the Companies Act, 2013.

A copy of the Annual Report as adopted by the Members of the Company is enclosed.

We request you to take the above on record and acknowledge receipt.

15-Jul-2017 10:59 AM

Bharat Financial Inc - Voting Results- Fourteenth Annual General Meeting ('AGM') Held On July 7, 2017

In continuation to our letter submitted to you on July 7, 2017 on the subject 'Outcome of Fourteenth Annual General Meeting ('AGM') held on July 7, 2017, please find enclosed Voting Results in the format as required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We request you to take the above on record.

09-Jul-2017 12:35 PM

Bharat Financial Inc - Closure of Trading Window

We would like to inform you that pursuant to the Company's Code of Conduct for prevention of Insider Trading, the Trading Window for trading in securities of the Company is closed for all the Board Members, Designated Persons and their Immediate Relatives from July 1, 2017 till July 28, 2017 (both days inclusive).

We request you to take the above information on record.

30-Jun-2017 04:55 PM

Corporate Details

About Management

The Company was incorporated as `SKS Microfinance Private Limited', on September 22, 2003 under the Companies Act, 1956. The Registered Office of the Company is situated at Ashoka Raghupathi Chambers, D No. 1-10-60 to 62, Opposite to Shoppers Stop, Begumpet, Hyderabad 500 016, Andhra Pradesh. The Company had obtained a certificate of registration from the RBI on January 20, 2005 to commence the business of a non-banking financial institution without accepting public deposits. With effect from September 1, 2005, the Company acquired business operations, assets and loan portfolio from SKS Society that was structured as a NGO and was engaged in microfinance. The name of the Company was changed from `SKS Microfinance Private Limited' to `SKS Microfinance Limited' pursuant to a resolution of our shareholders passed at an EGM held on May 2, 2009 and fresh certificate of incorporation bearing CIN number U65999AP2003PLC041732 was issued on May 20, 2009. Subsequently, a fresh certificate of registration dated June 3, 2009 was obtained from RBI for carrying on the business of non-banking financial institution without accepting public deposits. The Company is the largest MFI in India in terms of total value of loans outstanding, number of borrowers and number of branches, according to the October 2009 CRISIL report titled India Top 50 Microfinance Institutions, or the CRISIL Report. The Company is engaged in providing microfinance services to women in the lower income segment predominantly located in rural areas in India. Key Events and Milestones Date Details September 22, 2003 Incorporation of SKS Microfinance Private Limited January 20, 2005 Registration with RBI in the name of SKS Microfinance Private Limited to carry on the business as a non-banking financial institution without accepting deposits September 1, 2005 Transfer of all assets and properties, pursuant to a MoU including the existing loans and receivables in relation to micro finance activities, to the Company from SKS Society January 31, 2006 Entered into a Subscription cum Shareholders Agreement dated January 31, 2006 with SIDBI for allotment of 1,000,000 Equity Shares. March 24, 2006 Issue of Equity Shares pursuant to equity investments by the following: (i) Unitus Equity Fund LLP - 2,099,040 Equity Shares; (ii) Mr. Vinod Khosla - 2,099,040 Equity Shares; and (iii) The Ravi and Pratibha Reddy Foundation - 1,033,920Equity Shares. February 28, 2007 The membership of the Company crosses 500,000 in more than 250 branches across 11 states. March 29, 2007 Issue of Equity Shares pursuant to equity investments by the following: (i) MUC - 1,319,069 Equity Shares; (ii) Mr. Vinod Khosla - 1,319,069 Equity Shares; (iii) Kismet Microfinance - 1,319,069 Equity Shares; (iv) Odyssey Capital Private Limited - 894,064 Equity Shares; and (v) SCI II - 5,430,468 Equity Shares. September 30, 2007 The membership of the Company crosses 1,000,000 in more than 500 branches across 15 states. December 14, 2007 Social and Corporate Governance Award issued by BSE and Nasscom Foundation for Best Corporate Social Responsibility Practice December 27, 2007 Issue of Equity Shares pursuant to equity investments by the following: (i) SIDBI - 807,461 Equity Shares; (ii) Yatish Trading - 962,050 Equity Shares; (iii) Infocom Ventures - 283,020 Equity Shares; (iv) Mr. Vinod Khosla - 820,757 Equity Shares; (v) MUC - 2,274,020 Equity Shares; (vi) SCI II - 2,847,013 Equity Shares; (vii) Kismet Microfinance - 3,678,027 Equity Shares; (viii) Columbia Pacific Opportunity - 275,944 Equity Shares; (ix) SCIGI I - 2,996,396; (x) SVB India Capital Partners I, L.P - 275,944 Equity Shares; and (xi) Tejas Ventures - 1,760,552 Equity Shares. May 6, 2008 Certification bearing number 17998/08/S received from IQ Net that the quality management system of the Company is in compliance with the standard ISO 9001:2000 in relation to the conducting of internal audits as per the policies and applicable standards. July 31, 2008 The membership of the Company crosses 2,500,000 in more than 1,100 branches across 15 states. October 20, 2008 Issue of Equity Shares pursuant to equity investments by the following: (i) SIP I - 2,085,448 Equity Shares and 6,256,344 Preference Shares (ii) Kismet SKS II - 885,044 Equity Shares and 2,655,131 Preference Shares (iii) ICP Holdings I - 81,383 Equity Shares and 244,150 Preference Shares February 27, 2009 Issue of 2,500 10.5% secured redeemable NCD of face value of Rs. 100,000 each aggregating to Rs. 250 million to Yes Bank Limited on a private placement basis. April 23, 2009 Issue of 750 10.0% secured redeemable NCD of face value of Rs. 1,000,000 each aggregating to Rs. 750 million to Standard Chartered Bank on a private placement basis. The said debentures have been listed on BSE pursuant to the listing agreement dated April 24, 2009. April 30, 2009 The membership of the Company crosses 4,000,000 in more than 1,400 branches across 18 states. May 20, 2009 Fresh certificate of incorporation consequent to the change of the name on conversion to a public limited company pursuant to a resolution of its shareholders dated May 2, 2009 June 3, 2009 Registration with the RBI in the name of SKS Microfinance Limited to carry on the business of non-banking financial institutions without accepting deposits pursuant to the change in the name of the Company on conversion to a public limited company. August 31, 2009 The membership of the Company crosses 5,000,000 in more than 1,600 branches across 19 states. November 24, 2009 Religare Asset Management Company Limited has subscribed to commercial papers issued by the Company for value of Rs. 250 million having a discount rate of 8.10% per annum November 10, 2009 Yes Bank Limited has subscribed to commercial papers issued by the Company for value of Rs. 1,000 million having a discount rate of 8.00% per annum December 9, 2009 Issue of 500 NCD of Rs. 1,000,000 each aggregating to Rs. 500 million to BALICL at a coupon rate of 9.25% per annum December 23, 2009 Issue of 500 NCD of Rs. 1,000,000 each aggregating to Rs. 500 million to Yes Bank Limited at a coupon rate of 8.30% per annum. The said debentures have been listed on BSE pursuant to the listing agreement dated December 29, 2009. December 30, 2009 Tata Capital Limited has subscribed to commercial papers issued by the Company for value of Rs. 200 million having a discount rate of 8.10% per annum January 11, 2010 Sanction by State Bank of India of Rs. 350 million towards term loans and Rs. 650 million towards cash credit for on lending purpose. January 12, 2010 Availing of microfinance corporate loan facility from HDFC for Rs. 100 million to provide financial assistance for undertaking housing finance activities January 18, 2010 Agreement with HDFC on Technology license and service usage for undertaking housing finance activities. January 19, 2010 Issue of 937,770 Equity Shares pursuant to equity investments by Catamaran February 3, 2010 Tie up with State Bank of India, State Bank of Hyderabad and State Bank of Mysore for online integration of 585 branch bank accounts of the Company through CMS February 4, 2010 Religare Asset Management Company Limited subscribed to commercial papers issued by the Company for value of Rs. 250 million having a discount rate of 6.6% per annum. February 10, 2010 MOU with FAL for purchase of supplies by kirana stores on a wholesale basis located in and around New Delhi March 8, 2010 Sanction of Tier-II unsecured subordinated debt of Rs. 1,000 million by SIDBI for a tenure of eight years July 2, 2010 CRSIL has assigned MFI grading of `mfR1' to the Company indicating the ability of a microfinance institution to conduct its operations in a scalable and sustainable manner. The grading is assigned on an eight point scale, with `mfR1' being the highest grading and `mfR8', the lowest. 2011 -SKS Microfinance announces three-pronged strategy to reinvent Microfinance -SKS has announced slashing of interest rates to 24.55% Per annum for all categories of the small investors. 2012 -"SKS Microfinance Limited completes the largest MFI rated pool assignment transaction -SKS Microfin - SKS Microfinance Limited completes Rs. 54.48 crore securitization 2013 -KS Microfinance Limited completes Rs. 321 crore securitization transaction. -SKS Microfinance Limited completes two highest rated A1+(SO) securitization transactions worth Rs. 390 crore. 2014 - SKS Microfinance completes securitization worth Rs 316 cr 2016 -The Company has been changed from 'SKS Microfinance Limited' to 'Bharat Financial Inclusion Limited'.

Registered Office

3rd Floor, My Home Tycoon, Block A, Kundanbagh, Begumpet

040-44526000,,,      040-44526001,

skscomplianceofficer@sksindia.com

http://www.sksindia.com

Registrar Details

Karvy Computershare Private Ltd.