INDIABULLS VENTURES LIMITED - Q2 FY18-19 - RESULTS REVIEW

INDIABULLS VENTURES LIMITED

Q2 FY18-19 RESULTS REVIEW

INDIABULLS VENTURES has declared excellent results for Q2  FY 18-19 ended Sep.2018.

Total Revenue for Q2 FY 19 IS at Rs.476 cr which isis 38% higher QoQ, above the previous Q1 quarter revenue of Rs.345 Cr and 193% higher YoY, above the last year Q2 FY 18 revenue of Rs.163 Cr.

Total expenses for Q2 FY 19 at Rs.299 Cr which is Higher by 204% YoY over Q2 FY 18 revenue and higher by 30% QoQ over Q1 FY 19 revenue.

Net profits after tax in Q2 FY 19 is Rs.141 Cr, which is higher by 154 % YoY, over Q2 FY 18 ; and 60% higher QoQ, over Q1 FY 19 .

Paid up Equity is Rs.111 cr.

Diluted EPS is Rs.2.46 on a FV of Rs.2.

The PE Ratio works out to around 38. This company is consistently producing excellent results. Therefore, it has always deserved much higher EPS.

The Q1 results also were very good :

Net Sales had gone up in Q1 by 108% YoY and 26% qoq.

Net profits had gone up 74% YoY and 44% QoQ

So, India Bulls ventures has been consistently successful in its operations.

ANNUAL REPORT CONTENTS

SAMEER GEHLOUT IS THE CHAIRMAN AND FOUNDER

DIVYESH SHAH IS THE CEO AND WHOLE TIME DIRECTOR.

IVL Finance Limited and Indiabulls Asset Reconstruction Company Limited are the subsidiaries of the Company

IN 2017-18, IBV LTD VENTURED INTO CONSUMER FINANCE

IN MARCH 18, IT RAISED 20.6 BILLION RS THROUGH RIGHTS ISSUE, BALANCE 15 BN WILL BE RECEIVED IN FY 2018-19

IVL FINANCE LTD LAUNCHED WORLD’S FIRST, END TO END PERSONAL LOAN FULFILLMENT APP IN NOV 2017 FOR INSTANT LOAN AVAILMENT.

AADHAAR IS PROVIDING HUGE OPPORTUNITY FOR CONSUMER FINANCE, SAYS THE COMPANY.

HUGE OPPORTUNITY EXISTS AND COMPANY IS AVAILING THE SAME.

IN THE FIRST YEAR ITSELF, IT DISBURSED 13.4 BN PERSONAL LOANS. IT HOPES TO LEAP AHEAD OF ITS PEERS IN COMING YEARS.

IT HAS ENTERED INTO MSME BUSINESS LENDING IN FY 18. IT SAYS, DISBURSALS WERE MADE FOR Rs.31.1 BN BOTH SECURED AND UNSECURED LOANS. 

TOTAL ASSETS UNDER MANAGEMENT STAND AT 40 BN RS.

IN FY 18, TOTAL REVENUE WAS RS.202 CR WITH A NET PROFIT OF 52 CR.AGAINST 47 CR IN THE PREVIOUS YEAR.

THE COMPANY SHOWS ITS REVENUE UNDER (I) BROKING AND RELATED ACTIVITIES AND (II) CONSUMER FINANCE AND RELATED ACTIVITIES.

NO DIVIDEND WAS PAID IN THAT YEAR.

Indiabulls Ventures board approves to raise around Rs 2,063 cr

The company's board has approved preferential offer and issue of up to 4,58,39,888 fully paid up equity shares at an issue price of Rs 450 per equity share, for cash consideration aggregating to around Rs 2,063 crore, to certain foreign investors, Indiabulls Ventures said in a regulatory filing.

INDIABULLS VENTURES	Q2 FY19	Q1 FY19	Q2 FY 18	YOY	QOQ
REVENUE	476.33	344.6	162.59	192.96	38.23
OTHER INCOME	5.49	7.29	16.21	-66.13	-24.69
TOTAL REVENUE	481.82	351.89	178.8	169.47	36.92
TOTAL EXPENSES	298.56	230.3	98.36	203.54	29.64
P B T	183.26	121.6	80.44	127.82	50.71
TAX	42.57	33.87	25.1	69.6	25.69
NET PROFIT	140.7	87.73	55.34	154.25	60.38
PAID UP EQUITY	111.03	108.56	88.48	25.49	2.28
EPS
BASIC	2.57	1.83	1.25	105.6	40.44
DILUTED	2.46	1.87	1.14	115.79	31.55
MP	377
VOLUME	7067818
52W L H	210	820
FV	2
PRICE TREND	PE 38
10.10.18	1 week	2 week	1 month	3 month	6 month	9 month	1 year
Price	484.4	658.7	758.1	479.35	285.55	270.11	285.4
Gain / Loss	-22.59%	-43.08%	-50.54%	-21.78%	31.31%	38.81%	31.38%