Home MarketBharat Financial Inclusion Ltd.

Bharat Financial Inclusion Ltd. Stock Info: As on 2017-11-17 15:53:28

Nse

967.15

11.65(1.22%)
Change%
52 Week Range
465.10
27.00
1,047.00
16.00
Open965.00
Day's Range859.95 - 1,051.05
Value Traded (in ₹ Cr.) 101.00

Bse

966.00

9.75(1.02%)
Change %
52 Week Range
465.40
27.00
1,046.50
16.00
Open968.60
Day's Range860.63 - 1,051.88
Value Traded (in ₹ Cr.) 4.13

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 2,290,219.00 1.65%
IndianPromoters 0.00 0.00%
Mutual Funds/UTI 13,350,457.00 9.64%
FII 95,323,820.00 68.83%
Employee 0.00 0.00%
Public 10,985,951.00 7.93%
Government 0.00 0.00%
Others 6,555,507.00 4.73%
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
Company Curr Price Prev. Close Change% W's Low/High

5Paisa Capital Ltd.

361 380 -5
361400

Aditya Birla Capital Ltd.

198.2 198.9 -0.35
187.3202.9

Aditya Birla Money Ltd.

78.3 78.1 0.26
76.280.5

Alankit Ltd.

36 36.95 -2.57
34.2537.5

Almondz Global Securities Ltd.

25.55 26.4 -3.22
22.527.5

Arman Financial Services Ltd.

201.4 205.95 -2.21
199225

ATN International Ltd.

0.2 0.2 0
00
Company Curr Price Prev. Close Change% W's Low/High

5Paisa Capital Ltd.

586.65 617.5 -5
586.65650

A F Enterprises Ltd.

6.59 6.93 -4.91
6.596.59

Aagam Capital Ltd.

46.5 46.9 -0.85
40.5546.5

AAR Commercial Company Ltd.

5 0 0
55

Aasheesh Securities Ltd.

0.73 0.76 -3.94
0.730.73

Abhinav Capital Services Ltd.

77 77 0
76.877

Abhinav Leasing & Finance Ltd.

1.6 1.6 0
1.61.6
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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 (%)
Reliance Regular Savings Fund - Balanced 1.54%
ICICI Prudential Equity - Arbitrage Fund 1.21%
Reliance Growth Fund 1.41%
Reliance Banking Fund 3.26%
Mirae Asset Emerging Bluechip Fund 2.01%
Aditya Birla Sun Life Enhanced Arbitrage Fund 1.76%

PVR to acquire minority stake in US-based theatre firm iPic

PVR said it will acquire a minority stake in US-based luxury restaurant and theatre company iPic Gold Class Entertainment LLC (iPic) for an undisclosed sum, a move that would give PVR exposure in the cinema exhibition market of the US, reported PTI. iPic owns and operates 16 luxury theatres and 121 screens across 10 states in the United States. The Board of Directors approved the proposed investment and strategic partnership between PVR and iPic, PVR Ltd said in a regulatory filing. The completion of investment is subject to relevant corporate and regulatory approvals. Besides, iPic has agreed to appoint PVR Chairman and Managing Director Ajay Bijli to its board of directors after its planned initial public offering that it had announced earlier.

17-11-2017 10:39

ArcelorMittal, Tata Steel evince interest in Bhushan Steel

ArcelorMittal and domestic industry major Tata Steel have evinced interest in Bhushan Steel which is undergoing insolvency proceedings, reported PTI. The development has come at a time when the debt-laden firm, which was referred to NCLT by the RBI under the Insolvency and Bankruptcy Code, has reported narrowing down of its standalone net loss to Rs 467.37 crore during the September quarter from Rs 980.22 crore in the same period a year ago. During the July-September 2017, total income of Bhushan Steel rose 43 per cent to Rs 4,325.60 crore from Rs 3,025.79 crore during the same period a year ago, the company said in a BSE filing. Yes! ArcelorMittal is interested in Bhushan Steel, said a person in the know of the matter and refused to elaborate further. When contacted, a Tata Steel company official said, The company keeps on looking at such opportunities. Last month, Tata Steel and ArcelorMittal had submitted expression of interest (EoI) to acquire debt-laden Essar Steel -- another stressed company undergoing the insolvency proceedings at the National Company Law Tribunal (NCLT). Essar Steel India Ltd, an integrated steel producer with an installed capacity of 10 million tonne per annum (MTPA) is undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of Insolvency and Bankruptcy Code. According to the information on Bhushan Steel Ltd website, the company is the 3rd largest secondary steel producer in the country with an existing steel production capacity of 5.6 million ton per annum. Both Tata Steel and ArcelorMittal see the proceedings as an opportunity as the two companies are looking to expand their operations in the country.

17-11-2017 10:28

Jaiprakash Associates approves 'cashless exchange' of bonds

Debt-ridden Jaiprakash Associates' finance committee has approved cashless exchange of existing convertible bonds worth USD 150 million due in 2017 with those maturing in 2020-21, reported PTI. Earlier this month, the RBI had approved the proposal. In a BSE filing, Jaiprakash Associates said that the finance committee in its meeting held today has deemed to have opened and closed the cashless exchange of the existing bonds with the bonds... In June, Jaiprakash Associates had said that bondholders agreed to exchange outstanding existing foreign currency convertible bonds (FCCBs) worth USD 150 million. The bonds were issued in September 2012 with maturity in 2017 and a coupon rate of 5.75 per cent. As per the proposal, the bondholders agreed to exchange their current bonds with FCCBs worth USD 38.64 million bearing the same coupon rate with maturity in 2021 and amortising bonds worth USD 81.69 million with coupon rate of 4.76 per cent and maturity in 2020. According to the regulatory filing, Jaiprakash Associates will issue 1,10,400 'Series A' bonds having principle value of USD 350 each carrying a coupon rate of 5.75 per cent per annum with maturity on September 30, 2021. It will also issue 1,10,400 'Series B' bonds having principle value of USD 740 each at a coupon rate of 4.76 per cent per annum and maturity date of September 30, 2020. That apart, the company will pay USD 27.6 million upfront. The finance committee has authorised execution of all transaction document and closing of the transaction would take place on restructuring effective date, which is expected to take place on or before November 30, 2017, on which date the allotment of the bonds and issuance of global certificates would be made, the filing said. Both series of the bonds would be listed on Singapore Stock Exchange Securities Trading Ltd. Jaiprakash Associates, which is the flagship company of the Jaypee group, is selling its assets to repay debt. It is a diversified infrastructure company engaged in segments like engineering, construction and real estate development, cement manufacturing, hospitality and sports management. Jaypee Group firm Jaypee Infratech has been taken over by a National Company Law Tribunal (NCLT)-appointed IRP (Insolvency Resolution Professional) for recovery of bad loans. The group is facing huge protest from home buyers due to significant delays in delivery of projects.

17-11-2017 10:26

Tata Power allots debentures worth Rs 1500 cr

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17-11-2017 10:21

Cipla gets final nod for Generic Pulmicort Respules

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17-11-2017 09:09

Bharat Financial Inc - Allotment of ESOP/ESPS

Bharat Financial Inclusion Limited has informed the Exchange regarding allotment of 137700 Equity Shares under ESOP

10-Nov-2017 08:24 PM

Bharat Financial Inc - Allotment of ESOP / ESPS

The Company has allotted today, 97,187 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

08-Nov-2017 04:32 PM

Bharat Financial Inc - Allotment of ESOP / ESPS

The Company has allotted today, 97,187 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

08-Nov-2017 04:31 PM

Bharat Financial Inc Q2 net profit down 18.15% at Rs 119.40 cr

The company reported standalone net profit of Rs 119.40 crore for the quarter ended September 30, 2017 as compared to Rs 145.88 crore in the same period last year, registering a year-on-yeardeclineof 18.15 per cent. Net revenue of the company rose substantially by 25.50 per cent at Rs 463.28 crore in July-September quarter of this fiscal as against Rs 369.16 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 44.61 per cent to Rs 206.95 crore from Rs 143.11 crore in year ago period. Other Income dipped by 0.26 per cent at Rs 42.11 crore versus (Sep'16 Rs 42.22 crore). Operating Profit slipped by 3.00 per cent to Rs 256.33 crore as against Rs 264.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.71 per cent in September quarter. Interest grew by 11.65 per cent y-o-y to Rs 175.90 crore

31-Oct-2017 05:10 PM

Bharat Financial Inc - Financial Result Updates

Bharat Financial Inclusion Limited has submitted to the Exchange, the financial results for the period ended September 30, 2017.

30-Oct-2017 09:48 AM

Bharat Financial Inc - Allotment of ESOP / ESPS

The Company has allotted today, 97,187 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

08-Nov-2017 04:32 PM

Bharat Financial Inc - Allotment of ESOP / ESPS

The Company has allotted today, 97,187 equity shares of Rs.10/- each to the employees of the Company who have exercised options under various Stock Option Plans. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

08-Nov-2017 04:31 PM

Bharat Financial Inc - Updates

Sub: Grant of Stock options to eligible employees

Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company, on October 28, 2017, has granted 35,000 stock options (which would get converted into 35,000 equity shares of the Company upon exercise) to eligible employees subject to the terms of the Employee Stock Option Plans of the Company. The main terms relating to the aforesaid grant are given below:
1. Exercise Price: Rs.972.90 per share; and
2. Vesting Schedule:
End of 1st Year: 25%
End of 2nd Year: 25%
End of 3rd Year: 25%
End of 4th Year: 25%

28-Oct-2017 05:54 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.