Canopy Finance (Delisted) share price

BSE: 539304Finance

Canopy Finance Limited · Face value ₹10 · Listed Sep 2015

Last traded ₹84.19 on 14 Mar 2024

Delisted on 28 Mar 2024.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Nov 2015, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2023

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Income from operations
₹0.14 Cr−64.3% on a year ago · −54.9% on the quarter before
Net profit
₹0.04 Cr−74.5% on a year ago · −78.1% on the quarter before
Earnings per share
₹0.04−71.4% on a year ago · −76.5% on the quarter before
Net interest income
₹0.15 Cr
Profit before provisions
−₹0.01 Cr

From interest earned to net profit, ₹ crore

  1. Interest earned0.2
  2. Interest paid0.0
  3. Net interest income0.2
  4. Other income0.0
  5. Operating expenses−0.1
  6. Before provisions0.0
  7. Set aside for bad loans0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

Canopy Finance results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2023. Results for the quarter to Mar 2024 were due by 30 May 2024, 60 days after it ends. Every company's dates are on the results calendar.

Income from operations and net profit by quarter, ₹ crore

  • Income from operations
  • Net profit
  • Loss
0.7−0.2Mar 211.20.7Jun 210.50.4Sep 211.7−0.6Dec 210.10.0Mar 220.10.1Jun 220.30.1Sep 220.40.2Dec 220.20.1Mar 230.40.2Jun 230.30.2Sep 230.10.0Dec 23

Net interest income and money set aside for bad loans by quarter, ₹ crore

  • Net interest income
  • Set aside for bad loans
Mar 21Jun 21Sep 21Dec 21Mar 220.10Jun 220.10Sep 220.10Dec 220.10Mar 230.10Jun 230.10Sep 230.20Dec 23
₹ croreMar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3Mar 2023Jun 2023Q1Sep 2023Dec 2023Q3
Income from operations1.743.710.840.550.341.332.230.640.741.200.471.690.130.120.300.380.200.370.300.14
Interest earned–––––––––––––0.090.110.100.100.100.150.15
Interest paid–––––––––––––0.000.000.000.000.000.000.00
Net interest income–––––––––––––0.090.110.100.100.100.150.15
–––––––––––––0.030.190.280.100.270.16−0.01
Fees and commission–––––––––––––0.000.000.000.180.000.000.00
Dividends–––––––––––––0.010.010.000.000.010.000.00
Sale of products–––––––––––––0.010.000.000.000.000.010.01
Other operating revenue–––––––––––––0.010.180.27−0.080.260.15−0.03
–––––––––––––0.090.150.220.060.110.140.14
Profit before provisions–––––––––––––0.030.150.170.150.260.17−0.01
Set aside for bad loans–––––––––––––0.000.000.000.000.000.000.00
Exceptional items–––––––––––––0.000.000.000.000.000.000.00
Profit before tax−0.13−0.100.16−0.03−3.390.950.030.52−0.150.770.40−0.650.050.030.150.170.150.260.17−0.01
0.000.000.000.00−0.300.100.020.140.040.050.03−0.020.00−0.040.030.010.020.02−0.01−0.05
Net profit−0.13−0.100.16−0.03−3.090.840.010.38−0.190.720.37−0.630.040.070.120.150.130.240.180.04
Other comprehensive income–0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Total comprehensive income–−0.100.16−0.03−3.090.840.010.38−0.190.720.37−0.630.040.070.120.150.130.240.180.04
Earnings per share−₹0.14−₹0.11₹0.17−₹0.04−₹3.32₹0.91₹0.01₹0.41−₹0.43₹0.78₹0.40−₹0.67–₹0.07₹0.07₹0.14₹0.07₹0.22₹0.17₹0.04
Diluted earnings per share−₹0.14−₹0.11₹0.17−₹0.04−₹3.32₹0.91₹0.01₹0.41−₹0.43₹0.78₹0.40−₹0.67–₹0.07₹0.07₹0.14₹0.07₹0.22₹0.17₹0.04
Earnings per share in rupees, restated for later splits and bonuses. A lender's lines are blank for the quarters to Mar 2019, Jun 2019, Sep 2019, Dec 2019, Mar 2020, Jun 2020, Sep 2020, Dec 2020, Mar 2021, Jun 2021, Sep 2021, Dec 2021 and Mar 2022: the company's accounts for the year each falls in show under half its income as interest, which is not a lender's business.

7 years at a glance

Standalone, laid out as a lender that is not a bank files them. No figures on this form for the years to Mar 2014, Mar 2015 and Mar 2016. A lender's lines are blank for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020, Mar 2021 and Mar 2022: the company's accounts for those years show under half its income as interest, which is not a lender's business.

Net interest income, Net profit, ₹ crore

  • Net interest income
  • Net profit
  • Loss
0.0Mar 17−0.1Mar 18−0.2Mar 19−3.1Mar 201.0Mar 210.5Mar 220.40.5Mar 23

Net interest margin, Return on assets, per cent

  • Net interest margin
  • Return on assets
4.9%4.4%4.4%4.9%Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23

Income

₹ crore, years to March.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Total income––––––1.00
Interest earned––––––0.41
Interest paid––––––0.00
Net interest income––––––0.41
––––––0.59
Fees and commission––––––0.18
Dividends––––––0.02
Other operating revenue––––––0.39
––––––0.52
Profit before provisions––––––0.48
Set aside for bad loans––––––0.00
Exceptional items––––––0.00
Profit before tax0.02−0.09−0.22−3.361.350.570.48
0.000.010.00−0.300.310.060.01
Net profit0.02−0.09−0.22−3.061.040.510.47
Other comprehensive income–––0.000.000.000.00
Total comprehensive income–––−3.061.040.510.47
Earnings per share₹0.02−₹0.10−₹0.24−₹3.30₹0.89₹0.44₹0.35
Diluted earnings per share₹0.02−₹0.10−₹0.24−₹3.30₹0.89₹0.44₹0.35

Balance sheet

₹ crore, at 31 March.

₹ croreMar 2020Mar 2021Mar 2022Mar 2023
Total assets–––11.8
Loans given–––8.1
Investments–––3.6
Borrowings–––0.0
–––11.7
Share capital9.39.39.310.6
Reserves−3.5−2.5−2.01.1

Margins and returns

Per cent a year, on the average of the opening and closing balance sheets.

FigureMar 2023
Net interest margin4.35%
Yield on interest-earning assets4.35%
Cost to income51.52%
Credit cost0.00%
Return on assets4.89%
Assets per rupee of net worth1.01
Return on equity4.95%

Where the return on assets comes from

Per cent of average total assets, a year. Each line adds to the one below it.

Per centMar 2023
Net interest income4.22%
Other income6.19%
Operating expenses5.36%
Profit before provisions5.05%
Set aside for bad loans0.00%
Exceptional items0.00%
Profit before tax5.05%
Tax0.15%
Associates and businesses sold or closed0.00%
Return on assets4.89%

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2023, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Mar 2022Mar 2023Sep 2023Half year
Cash from operations0.620.280.930.36
Capital spending0.000.000.000.00
Free cash flow0.620.270.930.36
Cash from investing0.23−0.51−1.091.63
Cash from financing−0.900.180.23−1.90
Dividends paid0.000.000.000.00
Shares bought back0.000.000.000.00
Shares issued0.000.003.900.00
Net change in cash−0.05−0.050.070.09
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Earnings per share₹0.02−₹0.10−₹0.24−₹3.30₹0.89₹0.44₹0.35
Diluted earnings per share₹0.02−₹0.10−₹0.24−₹3.30₹0.89₹0.44₹0.35
Book value per share–––₹6.22–––
Shareholder yield––––0.0%0.0%−7.0%
Market cap at the year end (₹ crore)––––11.317.255.8

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2023.

Measure5 years3 years
Revenue growth, yearly rate33.4%−43.1%
Return on equity, average−6.1%9.6%
Return on capital employed, average–13.8%
Operating margin, average–21.9%
Net margin, average3.3%27.6%
Asset turnover, average0.510.43
Debt to equity, average–0.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2023.

₹ crore3 yearsLatest year
Cash from operations1.830.93
Cash from investing−1.37−1.09
Cash from financing−0.500.23
Capital spending0.000.00
Dividends paid0.000.00
Shares bought back0.000.00
Shares issued for cash3.903.90

Business segments

In the year to Mar 2023 the company reports one business segment, NBFC Activities, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2023, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+184.6%−20.3%+257.0%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Canopy Finance share price by year

Each calendar year to 2024.

YearClose at year endChangeHighest closeLowest close
202484.19+45.2%95.4855.85
202358.00+44.1%99.6642.25
202240.25+84.0%43.1517.85
202121.87+116.5%40.4010.00
202010.10−23.0%13.0010.00
201813.12+5.0%13.1213.12
201512.50–12.5012.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 28 Mar 2018. 2015 is from its first session, 13 Nov 2015. The change in 2020 is on the close at the end of 2018, the last year before it with a trade. The change in 2018 is on the close at the end of 2015, the last year before it with a trade. The close is the year's last trade for 2024 (14 Mar 2024), 2018 (28 Mar 2018) and 2015 (13 Nov 2015).

Recent sessions

The 10 trading days to 14 Mar 2024, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
14 Mar 202483.7584.1980.0084.1983.689,880
13 Mar 202485.0086.0080.1980.1980.257,779
12 Mar 202491.8891.8884.0184.4187.3818,593
11 Mar 202491.5093.9987.6088.3288.8520,228
7 Mar 202492.9892.9890.8991.5091.693,556
6 Mar 202492.0095.2090.7591.5591.5712,421
5 Mar 202497.9997.9990.0095.4893.6224,485
4 Mar 202499.2599.2594.0094.1297.1049,623
2 Mar 202494.5494.5491.5094.5393.3010,904
1 Mar 202488.0092.1087.8090.0491.1228,445
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539304
ISIN
INE095R01016
Industry
Finance
CIN
L65910MH1981PLC380399
Corporate identity number, the registrar of companies' code for it
Incorporated
1981
Registered office
301, Corporate Arena Off, Aarey Piramal X Road, 3rd Floor, Behind Mahindra Gardens, Goregaon West, Mumbai 400062, Maharashtra
Share registrar
Purva Sharegistry (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments