GRUH Finance (Delisted) share price
BSE: 511288
GRUH Finance Ltd · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1993
Last traded ₹317.70 on 15 Oct 2019
Delisted on 27 May 2020.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Oct 2019
11 Oct · Suspension of Trading
Members of the Exchange are hereby informed that the trading in Equity Shares of Gruh Finance Limited shall be suspended w.e.f. October 16, 2019 (i.e. closing hours of trading on October 15, 2019) on account of Scheme of Amalgamation of Gruh Finance Limited with Bandhan Bank Limited10 Oct · Updates
5 Oct · Statement Of Investor Complaints For The Quarter Ended September 2019
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 3 3 0
Q1 results, quarter to Jun 2019
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Income from operationsIncome from operations. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.
- ₹533 Cr+17.9% on a year ago · −4.4% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹116 Cr+0.5% on a year ago · −10.8% on the quarter before
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line.
- ₹1.58+0.6% on a year ago · −10.7% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, on the quarter before wherever the profit of that quarter was restated, and across a change of basis named under the table, on the lines it affects.
- Net interest income
- ₹172 Cr
- Profit before provisions
- ₹154 Cr
From interest earned to net profit, ₹ crore
- Interest earned520
- Interest paid−349
- Net interest income172
- Other income+13
- Operating expenses−30
- Before provisions154
- Set aside for bad loans0.0
- Profit before tax154
- Tax−38
- Net profit116
GRUH Finance results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 2019, 45 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
Net interest income and money set aside for bad loans by quarter, ₹ crore
- Net interest income
- Set aside for bad loans
- Loss
| ₹ crore | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 | Jun 2019Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income from operations | 258 | 271 | 305 | 294 | 312 | 324 | 367 | 350 | 367 | 381 | 416 | 398 | 414 | 428 | 484 | 452 | 481 | 540 | 558 | 533 |
| Interest earned | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 544 | 520 |
| Interest paid | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 374 | 349 |
| Net interest income | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 170 | 172 |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 14 | 13 | |
| Fees and commission | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 14 | 13 |
| Income outside operations | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 |
| The lines under it are parts of it, not all of it. | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 31 | 30 |
| Profit before provisions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 152 | 154 |
| Set aside for bad loans | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | −26 | 0 |
| Exceptional items | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 |
| Profit before tax | 67 | 67 | 105 | 75 | 80 | 82 | 125 | 90 | 96 | 97 | 160 | 108 | 119 | 128 | 206 | 156 | 146 | 135 | 178 | 154 |
| 19 | 17 | 26 | 25 | 29 | 28 | 37 | 29 | 34 | 33 | 50 | 36 | 42 | 46 | 76 | 41 | 40 | 38 | 49 | 38 | |
| Net profit | 43 | 45 | 74 | 50 | 52 | 54 | 88 | 60 | 62 | 64 | 110 | 72 | 78 | 82 | 131 | 115 | 105 | 97 | 130 | 116 |
| Other comprehensive income | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 |
| Total comprehensive income | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 115 | 105 | 97 | 129 | 115 |
| Earnings per share | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ₹1.57 | ₹1.44 | ₹1.32 | ₹1.77 | ₹1.58 |
| Diluted earnings per share | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ₹1.57 | ₹1.44 | ₹1.32 | ₹1.76 | ₹1.58 |
Earnings per share in rupees, restated for later splits and bonuses. A lender's lines are blank for the quarters to Sep 2014, Dec 2014, Mar 2015, Jun 2015, Sep 2015, Dec 2015, Mar 2016, Jun 2016, Sep 2016, Dec 2016, Mar 2017, Jun 2017, Sep 2017, Dec 2017, Mar 2018, Jun 2018, Sep 2018 and Dec 2018: the company's filing for those results has none of them.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2015, the company's revenue for the year to Mar 2015, ₹1,060 Cr, differs from its quarters added, ₹1,075 Cr. From the quarter to Mar 2016, the company's revenue for the year to Mar 2016, ₹1,275 Cr, differs from its quarters added, ₹1,297 Cr. From the quarter to Mar 2017, the company's revenue for the year to Mar 2017, ₹1,487 Cr, differs from its quarters added, ₹1,515 Cr. From the quarter to Mar 2018, the company's revenue for the year to Mar 2018, ₹1,687 Cr, differs from its quarters added, ₹1,725 Cr.
10 years at a glance
Standalone, laid out as a lender that is not a bank files them. A lender's lines are blank for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018: the company's filing for those results has none of them.
Net interest income, Net profit, ₹ crore
- Net interest income
- Net profit
Income
₹ crore, years to March.
| ₹ crore | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total incomeTotal income. Everything earned in the period, the total the statement states: for a bank, its interest earned and other income, with any other income line its statement totals; for a finance company, revenue from operations + other income; for a general insurer, premium earned + income from the policyholders' investments + other income; for a life insurer, premiums + the income and gains on the policyholders' investments. Total income in the glossary | – | – | – | – | – | – | – | – | – | 2,027 |
| Interest earned | – | – | – | – | – | – | – | – | – | 1,972 |
| Interest paid | – | – | – | – | – | – | – | – | – | 1,301 |
| Net interest incomeNet interest income. Interest earned − interest paid; for a finance company, interest earned − finance costs. Net interest income in the glossary | – | – | – | – | – | – | – | – | – | 671 |
| Other income. Income besides interest, for the period: for a bank, its other income as stated, such as fees, commissions and gains on investments; for a finance company, total income − interest earned, or where total income is not stated, fees and commission + gains on fair value changes + other income. Other income in the glossary | – | – | – | – | – | – | – | – | – | 54 |
| Fees and commissionFees and commission. Fees and commissions the finance company charged its customers in the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Fees and commission in the glossary | – | – | – | – | – | – | – | – | – | 54 |
| Income outside operationsIncome outside operations. The finance company's income outside its revenue from operations, for the period, as its statement gives it. Income outside operations in the glossary | – | – | – | – | – | – | – | – | – | 0 |
| The lines under it are parts of it, not all of it. | – | – | – | – | – | – | – | – | – | 127 |
| Profit before provisionsProfit before provisions. Profit before anything is set aside for loans that may not be repaid: for a bank, total income − its expenses other than provisions, as stated, which are interest paid and operating expenses; for a finance company, total income − finance costs − operating expenses. Profit before provisions in the glossary | – | – | – | – | – | – | – | – | – | 598 |
| Set aside for bad loansProvisions for bad loans. What was set aside in the period for loans that may not be repaid: for a bank, its provisions other than for tax, which also cover its investments and loans still being repaid; for a finance company, the impairment of its loans and other financial assets. Provisions for bad loans in the glossary | – | – | – | – | – | – | – | – | – | −17 |
| Exceptional itemsExceptional items. One-off gains or losses the company states separately, for the period; on a bank's group accounts, not given where the line is the outside owners' share of its subsidiaries' profit. Exceptional items in the glossary | – | – | – | – | – | – | – | – | – | 0 |
| Profit before tax | 94 | 126 | 163 | 197 | 244 | 301 | 362 | 442 | 562 | 615 |
| 25 | 34 | 42 | 51 | 68 | 78 | 118 | 145 | 199 | 168 | |
| Net profit | 69 | 92 | 120 | 146 | 177 | 204 | 244 | 297 | 363 | 447 |
| Other comprehensive incomeOther comprehensive income. Gains and losses after tax that bypass profit, such as the change in value of some investments and of pension obligations. Other comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | −1 |
| Total comprehensive incomeTotal comprehensive income. Profit + other comprehensive income, given where the two come to it. Total comprehensive income in the glossary | – | – | – | – | – | – | – | – | – | 447 |
| Earnings per shareEarnings per share. The earnings per share stated for the period ÷ the split factor, so a figure from before a split sits on the same share as today's; a figure the company filed after a split or bonus is already on the new share count and is divided by the splits after its filing day only. Earnings per share in the glossary | – | – | – | – | – | – | – | – | – | ₹6.10 |
| Diluted earnings per shareDiluted earnings per share. That diluted earnings per share on today's share count, restated by the same splits and bonuses as the basic figure. Diluted earnings per share in the glossary | – | – | – | – | – | – | – | – | – | ₹6.09 |
Balance sheet
₹ crore, at 31 March.
| ₹ crore | Mar 2019 |
|---|---|
| Total assetsTotal assets. Everything the company owns, at the period end; for an insurer, whose balance sheet shows its assets net of what it owes in the short term, that net figure + its current liabilities and provisions − any debit balance in its profit and loss account and expenditure not yet written off, and not given where only the net figure is stated. Total assets in the glossary | 18,666 |
| Loans given | 17,288 |
| Investments | 148 |
| DepositsDeposits. Money customers have placed with the company on deposit, at the period end. Deposits in the glossary | 1,494 |
| Borrowings. Money borrowed, at the period end, deposits left out: for a bank and an insurer, its borrowings as stated; for a finance company, bonds and debentures + loans taken + subordinated debt. Borrowings in the glossary | 15,013 |
| Bonds and debenturesBonds and debentures. Money the finance company borrowed by issuing bonds, debentures and commercial paper, at the period end. Bonds and debentures in the glossary | 4,497 |
| Subordinated debtSubordinated debt. The finance company's borrowings repaid only after its other lenders if it fails, at the period end. Subordinated debt in the glossary | 35 |
| LoansLoans. Money the finance company borrowed from banks and other lenders, besides bonds, subordinated debt and deposits, at the period end. Loans in the glossary | 10,481 |
| Net worth. Net worth at the period end, the whole group's on group accounts: for a bank, share capital + reserves and surplus; for a finance company, total equity as stated; for a general insurer, share capital + reserves; for a life insurer, shareholders' funds as stated, or share capital + reserves + the fair value change account where they are not. An insurer's is less any debit balance in its profit and loss account and expenditure not yet written off. Not given where the balance sheet states the share capital, the reserves or the net worth as 0. Net worth in the glossary | 1,891 |
Margins and returns
Per cent a year, on the average of the opening and closing balance sheets.
| Per cent | Mar 2019 |
|---|---|
| Cost to incomeCost to income. Operating expenses ÷ (net interest income + other income) × 100. Cost to income in the glossary | 17.51% |
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 2019.
| Measure | 10 years | 5 years | 3 years |
|---|---|---|---|
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 24.4% | 20.4% | 22.4% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 21.6% | 20.4% | 21.2% |
Business segments
In the year to Mar 2019 the company reports one business segment, Single segment, which carries all its revenue.
GRUH Finance share price by year
Each calendar year to 2019.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2019 | 317.70 | +0.5% | 329.70 | 208.60 |
| 2018 | 316.05 | – | 362.55 | 247.65 |
₹ 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, 6 Jun 2018. The 2019 close is its last trade, on 15 Oct 2019.
Recent sessions
The 10 trading days to 15 Oct 2019, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 15 Oct 2019 | 308.00 | 327.70 | 305.00 | 317.70 | 318.20 | 2,28,55,607 |
| 14 Oct 2019 | 300.00 | 307.80 | 296.00 | 306.55 | 303.66 | 41,79,256 |
| 11 Oct 2019 | 289.00 | 327.40 | 288.00 | 302.60 | 302.91 | 1,63,40,311 |
| 10 Oct 2019 | 261.45 | 274.75 | 261.00 | 272.85 | 270.94 | 27,91,389 |
| 9 Oct 2019 | 262.25 | 264.45 | 259.00 | 261.45 | 261.46 | 12,51,263 |
| 7 Oct 2019 | 267.60 | 267.95 | 256.20 | 262.80 | 262.26 | 5,86,803 |
| 4 Oct 2019 | 265.90 | 272.00 | 264.10 | 268.00 | 267.14 | 13,03,471 |
| 3 Oct 2019 | 259.65 | 272.15 | 257.40 | 264.40 | 265.23 | 3,81,312 |
| 1 Oct 2019 | 269.80 | 270.85 | 257.25 | 260.35 | 260.87 | 29,57,752 |
| 30 Sep 2019 | 268.70 | 271.80 | 267.15 | 269.35 | 269.50 | 9,15,514 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 6 Jun 2018 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
| 9 Jun 2014 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown. |
| 24 Jul 2012 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- BSE code
- 511288
- ISIN
- INE580B01029
- Former symbols
- GRUH
- Website
- www.gruh.com
- CIN
- L65923GJ1986PLC008809
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1986
- Registered office
- Gruh, Netaji Marg, Near Mithakhali Six Roads, Ellisbridge, Ahmedabad 380006, Gujarat
- Share registrar
- Link Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments