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Aditya Birla Money Limited (532974) Report Analysis

Corporate Events

Neutral

Aditya Birla Money Limited to Report Q2, 2023 R...

2022-10-03 08:55:00

Aditya Birla Money Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Oct 13, 2022

Neutral

Aditya Birla Money Limited, Board Meeting, Oct 13, 2022

2022-10-03 08:55:00

Aditya Birla Money Limited, Board Meeting, Oct 13, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approve the Unaudited Financia...

Neutral

Aditya Birla Money Limited Approves Alteration ...

2022-07-12 12:49:00

Aditya Birla Money Limited approved Alteration of Object Clause of Memorandum of Association of the Company and adopted restated Memorandum of...

Neutral

Aditya Birla Money Limited to Report Q1, 2023 R...

2022-07-08 17:45:00

Aditya Birla Money Limited announced that they will report Q1, 2023 results on Jul 15, 2022

Neutral

Aditya Birla Money Limited, Board Meeting, Jul 15, 2022

2022-07-08 17:45:00

Aditya Birla Money Limited, Board Meeting, Jul 15, 2022. Agenda: To consider and approve the Unaudited Financial Results of the Company for th...

Neutral

Aditya Birla Money Limited Proposes Alteration ...

2022-06-16 12:02:00

Aditya Birla Money Limited proposed Alteration of Object Clause of Memorandum of Association of the Company and Adoption of restated Memorandu...

Neutral

Aditya Birla Money Limited, Annual General Meet...

2022-06-15 12:13:00

Aditya Birla Money Limited, Annual General Meeting, Jul 12, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the au...

Neutral

Aditya Birla Money Limited - Shareholder/Analyst Call

2022-06-15 12:13:00

AGM

Neutral

Aditya Birla Money Limited Approves Amendments ...

2022-06-10 07:17:00

Aditya Birla Money Limited announced that the Board of Directors, at its Meeting held on June 10, 2022, approved Alteration in Object Clause I...

Negative

Aditya Birla Money Limited Announces Appointmen...

2022-04-22 12:27:00

Aditya Birla Money Limited announced that the Board of Directors of the Company at its Meeting held on, April 22, 2022 has approved the appoin...

Neutral

Aditya Birla Money Limited to Report Q4, 2022 R...

2022-04-13 12:20:00

Aditya Birla Money Limited announced that they will report Q4, 2022 results on Apr 22, 2022

Neutral

Aditya Birla Money Limited, Board Meeting, Apr 22, 2022

2022-04-13 12:20:00

Aditya Birla Money Limited, Board Meeting, Apr 22, 2022. Agenda: To consider and approve, inter-alia, the Audited Financial Results of the Com...

Negative

Aditya Birla Money Limited Announces Resignatio...

2022-01-19 11:20:00

Aditya Birla Money Limited announced that Ms. Sangeeta Shetty has resigned from the position of Company Secretary and Compliance Officer of th...

Positive

Aditya Birla Money Limited Announces Redemption...

2021-12-30 05:25:00

Aditya Birla Capital Limited that the Company has received the consent of the preference shareholder, for variation of terms for early redempt...

Positive

Aditya Birla Money Limited announced that it ha...

2021-12-24 00:00:00

On December 24, 2021, Aditya Birla Money Limited closed the transaction.

Neutral

Aditya Birla Money Limited Approves Alteration ...

2021-12-16 09:50:00

Aditya Birla Money Limited announced at the EGM held on December 16, 2021 that the company approved Alteration of Articles of Association.

Positive

Aditya Birla Money Limited announced that it ex...

2021-12-16 00:00:00

Aditya Birla Money Limited announced a private placement of 1,600,000 4% redeemable non convertible non cumulative preference shares on Decemb...

Neutral

Aditya Birla Money Limited, Board Meeting, Dec 22, 2021

2021-12-06 11:22:00

Aditya Birla Money Limited, Board Meeting, Dec 22, 2021. Agenda: To consider, inter-alia, alteration in the date of redemption of 1,000,000 8%...

Neutral

Aditya Birla Money Limited to Report Q2, 2023 Results on Oct 13, 2022

2022-10-03 08:55:00

Aditya Birla Money Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Oct 13, 2022

Neutral

Aditya Birla Money Limited, Board Meeting, Oct 13, 2022

2022-10-03 08:55:00

Aditya Birla Money Limited, Board Meeting, Oct 13, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2022.

Neutral

Aditya Birla Money Limited Approves Alteration of Object Clause of Memorandum of Association of the Company and Adopts Restated Memorandum of Association as Per the Provisions of the Companies Act, 2013

2022-07-12 12:49:00

Aditya Birla Money Limited approved Alteration of Object Clause of Memorandum of Association of the Company and adopted restated Memorandum of Association as per the provisions of the Companies Act, 2013 at the AGM held on July 12, 2022.

Neutral

Aditya Birla Money Limited to Report Q1, 2023 Results on Jul 15, 2022

2022-07-08 17:45:00

Aditya Birla Money Limited announced that they will report Q1, 2023 results on Jul 15, 2022

Neutral

Aditya Birla Money Limited, Board Meeting, Jul 15, 2022

2022-07-08 17:45:00

Aditya Birla Money Limited, Board Meeting, Jul 15, 2022. Agenda: To consider and approve the Unaudited Financial Results of the Company for the quarter ended June 30, 2022.

Neutral

Aditya Birla Money Limited Proposes Alteration of Object Clause of Memorandum of Association

2022-06-16 12:02:00

Aditya Birla Money Limited proposed Alteration of Object Clause of Memorandum of Association of the Company and Adoption of restated Memorandum of Association as per the provisions of the Companies Act, 2013 in the 26th Annual General Meeting of the Members of the Company to be held on July 12, 2022.

Neutral

Aditya Birla Money Limited, Annual General Meeting, Jul 12, 2022

2022-06-15 12:13:00

Aditya Birla Money Limited, Annual General Meeting, Jul 12, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended March 31, 2022, together with the reports of the board of directors and the auditors thereon; to appoint a director in place of Mr. Gopi Krishna Tulsian (DIN 00017786) who retires by rotation and being eligible, offers himself for re-appointment; to consider enhancement of borrowing limit of the company up to INR 16,000 million; to consider creation of charge on movable and immovable properties of the company up to 16,000 million; to consider approval of alteration of object clause of memorandum of association of the company; to consider adoption of restated memorandum of association as per the provisions of the Companies Act, 2013.

Neutral

Aditya Birla Money Limited - Shareholder/Analyst Call

2022-06-15 12:13:00

AGM

Neutral

Aditya Birla Money Limited Approves Amendments to Memorandum & Articles of Association

2022-06-10 07:17:00

Aditya Birla Money Limited announced that the Board of Directors, at its Meeting held on June 10, 2022, approved Alteration in Object Clause III of the Memorandum of Association of the Company by inserting new sub-clause relating to registration with IRDAI for venturing into "Corporate Insurance Agency Business" subject to the approval from IRDAI authority. Adoption of restated Memorandum of Association of the Company as per the provisions of the Companies Act, 2013.

Negative

Aditya Birla Money Limited Announces Appointment of Divya Poojari as Company Secretary and Compliance Officer

2022-04-22 12:27:00

Aditya Birla Money Limited announced that the Board of Directors of the Company at its Meeting held on, April 22, 2022 has approved the appointment of Ms. Divya Poojari as Company Secretary and Compliance Officer of the Company with effect from April 22, 2022.

Neutral

Aditya Birla Money Limited to Report Q4, 2022 Results on Apr 22, 2022

2022-04-13 12:20:00

Aditya Birla Money Limited announced that they will report Q4, 2022 results on Apr 22, 2022

Neutral

Aditya Birla Money Limited, Board Meeting, Apr 22, 2022

2022-04-13 12:20:00

Aditya Birla Money Limited, Board Meeting, Apr 22, 2022. Agenda: To consider and approve, inter-alia, the Audited Financial Results of the Company for the quarter and year ended March 31, 2022; to consider Re-appointment of Mr. Gopi Krishna Tulsian as a Non-Executive Director; to consider appointment of Ms. Divya Poojari as Company Secretary and Compliance Officer; and to consider appointment of M/s. BNP & Associates, Company Secretaries (FRN P2014MH037400), as the Secretarial Auditors of the Company for the financial year 2022-23.

Negative

Aditya Birla Money Limited Announces Resignation of Sangeeta Shetty as Company Secretary and Compliance Officer

2022-01-19 11:20:00

Aditya Birla Money Limited announced that Ms. Sangeeta Shetty has resigned from the position of Company Secretary and Compliance Officer of the Company with effect from close of business hours of January 19, 2022.

Positive

Aditya Birla Money Limited Announces Redemption of 10,00,000 8% Non-Cumulative Non-Convertible Redeemable Preference Shares

2021-12-30 05:25:00

Aditya Birla Capital Limited that the Company has received the consent of the preference shareholder, for variation of terms for early redemption of the 10,00,000 8% Non-Cumulative Non-Convertible Redeemable Preference Shares of the Company held entirely by ABCL.

Positive

Aditya Birla Money Limited announced that it has received INR 800 million in funding from Aditya Birla Capital Limited

2021-12-24 00:00:00

On December 24, 2021, Aditya Birla Money Limited closed the transaction.

Neutral

Aditya Birla Money Limited Approves Alteration of Articles of Association

2021-12-16 09:50:00

Aditya Birla Money Limited announced at the EGM held on December 16, 2021 that the company approved Alteration of Articles of Association.

Positive

Aditya Birla Money Limited announced that it expects to receive INR 800 million in funding from Aditya Birla Capital Limited and other investors

2021-12-16 00:00:00

Aditya Birla Money Limited announced a private placement of 1,600,000 4% redeemable non convertible non cumulative preference shares on December 16, 2021. The transaction was approved by the share holders in its extra ordinary general meeting. The transaction include participation from returning investor Aditya Birla Capital Limited, Promoter and Holding Company.

Neutral

Aditya Birla Money Limited, Board Meeting, Dec 22, 2021

2021-12-06 11:22:00

Aditya Birla Money Limited, Board Meeting, Dec 22, 2021. Agenda: To consider, inter-alia, alteration in the date of redemption of 1,000,000 8% Non-Cumulative Non-Convertible Redeemable Preference Shares.

Fundamental Summary

At a high level, the metrics from Aditya Birla Money's Q1 financial report release provided many positive indicators. Their positive income, growth, and value factors indicate that it is likely to continue to produce impressive results for the foreseeable future, as well. There should be significant upside potential for the stock looking forward. We therefore gave Aditya Birla Money a total score of 88 out of 100 and a STRONG BUY recommendation.

Aditya Birla Money reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 707.97 million compared to INR 580.28 million a year ago. Net income was INR 97.08 million compared to INR 64.3 million a year ago. Basic earnings per share from continuing operations was INR 1.72 compared to INR 1.14 a year ago. Diluted earnings per share from continuing operations was INR 1.72 compared to INR 1.14 a year ago.For the six months, revenue was INR 1,377.22 million compared to INR 1,117.96 million a year ago. Net income was INR 178.11 million compared to INR 120.51 million a year ago. Basic earnings per share from continuing operations was INR 3.16 compared to INR 2.14 a year ago. Diluted earnings per share from continuing operations was INR 3.16 compared to INR 2.14 a year ago.

Business Description

Aditya Birla Money engages in financial services business in India. The company provides stock broking and portfolio management services, as well as depository and e-insurance repository solutions and distribution of other financial products. It also provides life, health, multiply wellness, travel, and motor insurance services. In addition, the company offers stocks and securities, mutual and pension funds, real estate investments, wealth, and portfolio management services. Further, it provides loan against securities, home, personal, mortgage, and SME finance services, as well as debt capital market and loan syndication services. Additionally, the company provides life insurance, health insurance, mutual funds, financing, stocks and securities advisors. It operates 41 branches and 1042 franchisee outlets. The company was incorporated in 1995 and is based in Chennai, India. Aditya Birla Money is a subsidiary of Aditya Birla Capital Limited.

Sector Overview

Aditya Birla Money is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Aditya Birla Money's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 12.7B 43.4% 49
Liabilities 11.9B 42.7% 88
Price to Book 4.6 -5.4% 89
Cash & Equivalents 367.0M 284.5% 90
Equity 744.3M 55.4% 46
Total Revenues 2.1B 21.8% 82
Parameter Value Change Score
Return on Equity 42.7 7.1% 77
Net Cashflow 271.6M 196.7% 53
Capital Expenditure -16.7M -15.1% 81
Asset Turnover 0.2 -18.9% 69
Free Cashflow Per Share -50.7 -82.2% 85
* All values are TTM

The below chart reflects Aditya Birla Money's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Aditya Birla Money's peer average final assessment score stands on 68, Aditya Birla Money's score is 88.

  •  532974
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
BF Investment Limited 10.9B 64 64 66
Hold
63
63 6 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 7 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 8 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 9 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 10 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 11 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 12 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 14 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 15 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 16 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 17 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 18 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 19 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 20 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 21 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 22 1
Industrial & Prudential Investment Company Limited 3.2B 89 68 87
Buy
85
85 23 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 24 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 25 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 26 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 27 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 28 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 29 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 30 1
Quest Capital Markets Limited 2.1B 96 48 74
Hold
78
78 31 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 32 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 33 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 34 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 35 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 36 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 37 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 38 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 39 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 40 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 41 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 42 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 43 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 44 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 45 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 46 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 47 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 48 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 49 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 50 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 51 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 52 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 53 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 54 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 55 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 56 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 57 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 58 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 59 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 60 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 61 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 62 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 63 1
Esaar (India) Limited 148.2M 69 62 69
Hold
71
71 64 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 65 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 66 1
Alka Securities Limited 85.4M 91 86 61
Strong Buy
90
90 67 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 68 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 69 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 70 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 71 1
Mathew Easow Research Securities Limited 38.5M 59 55 60
Underperform
51
51 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Negative
59

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Aditya Birla Money Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In our analysis of the current macro environment, as well as the potential risks that could specifically affect Aditya Birla Money Limited stock, we concluded that sentiment was overwhelmingly negative and may lead to short-term price declines. Therefore, we ranked Aditya Birla Money Limited macro environment with a score of 59.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Aditya Birla Money's stock is now priced above its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is strengthening. Historically, this is a positive setup in the near, medium, and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Aditya Birla Money's stock indicates that it's likely oversold. Overall, these technical indicators signal positive upward momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 78.

Bullish 78
Close Price 61.5
52W Low 47.95
52W High 74.95
5D MA 60.99
50D MA 60.04
200D MA 59.99
MACD 0.03
RSI 11.82
STOCH 95.0

Balance Sheet Analysis

Aditya Birla Money appears likely to maintain its strong balance sheet metrics and momentum going forward. Aditya Birla Money did a great job related to cash and cash equivalents this period, which stood at 367.0M, representing a 284.5% change from the previous filing. This impressive growth, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. Consequently, their cash and cash equivalents movement received a grade of 90. Also, Aditya Birla Money publishes solid book value factor metrics in this report. Price to book ratio (P/B) now sits at 4.6 and represents a -5.4% change from the previous report. These book value factor numbers show that management has been prudent in focusing on efficient growth. We believe the stock price has room to grow to reflect its intrinsic value accurately. The company's book value factors component, therefore, received a grade of 89. That said, one metric, Equity, stood out as particularly concerning. Aditya Birla Money management produced disappointing equity metrics this period, which stood at 744.3M, representing a 55.4% change. This parameter often affects companies in the same industry and market capitalization by up to 6.0%. This performance is significantly less impressive than its peers and competitors. Therefore, their equity movement component earned a score of 46. Their balance sheet, therefore, earned a score of 88.

Parameter Value Change Score
Assets 12.7B 43.4% 49
Liabilities 11.9B 42.7% 88
Price to Book 4.6 -5.4% 89
Cash & Equivalents 367.0M 284.5% 90
Equity 744.3M 55.4% 46
* All values are TTM

The below chart describes Aditya Birla Money's performance as reflected on its balance sheet with respect to its peers. While Aditya Birla Money received a balance sheet score of 88, the average of its peers stands on 72.

  •  532974
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
BF Investment Limited 10.9B 44.0 71.0 71.0 65.0 67.0 64 6 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 7 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 8 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 9 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 10 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 11 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 12 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 14 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 15 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 16 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 17 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 18 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 19 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 20 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 21 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 22 1
Industrial & Prudential Investment Company Limited 3.2B 77.0 58.0 66.0 81.0 87.0 89 23 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 24 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 25 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 26 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 27 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 28 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 29 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 30 1
Quest Capital Markets Limited 2.1B 71.0 88.0 76.0 80.0 94.0 96 31 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 32 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 33 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 34 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 35 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 36 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 37 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 38 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 39 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 40 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 41 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 42 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 43 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 44 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 45 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 46 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 47 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 48 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 49 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 50 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 51 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 52 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 53 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 54 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 55 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 56 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 57 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 58 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 59 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 60 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 61 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 62 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 63 1
Esaar (India) Limited 148.2M 70.0 56.0 95.0 90.0 56.0 69 64 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 65 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 66 1
Alka Securities Limited 85.4M 86.0 93.0 66.0 68.0 90.0 91 67 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 68 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 69 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 70 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 71 1
Mathew Easow Research Securities Limited 38.5M 73.0 54.0 52.0 74.0 44.0 59 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Aditya Birla Money appears likely to maintain its strong income statement metrics, especially Revenue Efficiency. Aditya Birla Money's financials reveal an interesting trend for their revenue efficiency. This characteristic can affect companies in the same industry and market capitalization by up to 2.9%. Their industry-leading revenue efficiency makes a strong case for upward pressure on its's stock price. The company's revenue efficiency, therefore, received a grade of 82. That said, one metric, Return Factors, stood out as strongly negative. In this filing, Aditya Birla Money reported a return on equity (ROE) ratio of 42.7, which represents a growth of 7.1%. This metric might have a 14.6 percent impact on companies in the same industry and with the same market capitalization. They does not yet appear to be headed in the right direction regarding these return on equity and return on assets metrics. Its return factors (ROA & ROE) components, therefore, received a grade of 77. their income statement received an overall score of 81.

Parameter Value Change Score
Total Revenues 2.1B 21.8% 82
Return on Equity 42.7 7.1% 77
* All values are TTM

The below chart describes Aditya Birla Money's performance as reflected on its income statement with respect to its peers. While Aditya Birla Money received a income statement score of 81 , the average of its peers stands on 65.

  •  532974
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
BF Investment Limited 10.9B 54.0 65.0 65.0 64 6 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 7 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 8 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 9 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 10 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 11 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 12 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 14 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 15 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 16 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 17 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 18 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 19 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 20 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 21 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 22 1
Industrial & Prudential Investment Company Limited 3.2B 47.0 77.0 61.0 68 23 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 24 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 25 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 26 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 27 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 28 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 29 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 30 1
Quest Capital Markets Limited 2.1B 54.0 62.0 47.0 48 31 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 32 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 33 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 34 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 35 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 36 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 37 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 38 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 39 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 40 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 41 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 42 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 43 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 44 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 45 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 46 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 47 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 48 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 49 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 50 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 51 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 52 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 53 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 54 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 55 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 56 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 57 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 58 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 59 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 60 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 61 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 62 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 63 1
Esaar (India) Limited 148.2M 57.0 63.0 73.0 62 64 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 65 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 66 1
Alka Securities Limited 85.4M 94.0 82.0 92.0 86 67 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 68 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 69 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 70 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 71 1
Mathew Easow Research Securities Limited 38.5M 47.0 61.0 82.0 55 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

Taking a comprehensive view of Aditya Birla Money's cash flow statement, especially relative to their peers, Aditya Birla Money looks likely to be able to maintain modest momentum. Aditya Birla Money did a great job related to free cash flow this period, which stood at -50.7, representing a -82.2% change from the previous filing. This parameter could affect companies in the same industry and market capitalization by up to 5.2%. Their free cash flow situation is all the more impressive relative to their peers and competitors. The company's free cash flow movement, therefore, received a grade of 85. Also, Aditya Birla Money's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -16.7M, which represents a -15.1% change from the last period. The company appears to be headed in the right direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Therefore, its CapEx movement component earned a score of 81. At the same time, one critical cash flow metric, Net Cash Flow, was notably weak. Aditya Birla Money's produced underwhelming cash flow numbers in this filing. Net cash flow was reported as 271.6M, which is a 196.7% change from the last report. Their net cash flow momentum should be a cause for concern and could bring negative momentum for Aditya Birla Money's stock price going forward. Its net cash flow, therefore, received a grade of 53. Their cash flow, therefore, earned a score of 75.

Parameter Value Change Score
Net Cashflow 271.6M 196.7% 53
Capital Expenditure -16.7M -15.1% 81
Asset Turnover 0.2 -18.9% 69
Free Cashflow Per Share -50.7 -82.2% 85
* All values are TTM

The below chart describes Aditya Birla Money's performance as reflected on its cash flow with respect to its peers. While Aditya Birla Money received a cash flow score of 75, the average of its peers stands on 66.

  •  532974
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
BF Investment Limited 10.9B 70.0 63.0 68.0 65.0 66 6 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 7 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 8 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 9 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 10 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 11 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 12 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 14 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 15 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 16 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 17 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 18 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 19 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 20 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 21 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 22 1
Industrial & Prudential Investment Company Limited 3.2B 59.0 77.0 67.0 88.0 87 23 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 24 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 25 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 26 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 27 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 28 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 29 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 30 1
Quest Capital Markets Limited 2.1B 65.0 72.0 63.0 78.0 74 31 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 32 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 33 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 34 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 35 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 36 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 37 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 38 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 39 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 40 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 41 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 42 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 43 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 44 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 45 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 46 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 47 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 48 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 49 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 50 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 51 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 52 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 53 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 54 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 55 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 56 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 57 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 58 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 59 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 60 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 61 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 62 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 63 1
Esaar (India) Limited 148.2M 69.0 71.0 66.0 68.0 69 64 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 65 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 66 1
Alka Securities Limited 85.4M 83.0 54.0 86.0 42.0 61 67 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 68 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 69 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 70 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 71 1
Mathew Easow Research Securities Limited 38.5M 69.0 69.0 64.0 63.0 60 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

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