The New Delhi-based financial services firm Religare has said that the remuneration, including salary and employee stock options (ESOP), was ?42.06 crore for the financial year ending March 2023.
| Quantity | Rate/Share |
|---|---|
| 100 - 1000 | 1065.00 |
| P/E | 72.83 | P/S | 28.26 | P/B | 10.4 |
|---|---|---|---|---|---|
| Industry PE | 20 | Face Value | 10 | Book Value | 18.56 |
| Market Cap | 18185.05 Cr | Dividend | 0 | Dividend Yield | 0 % |
Corporate Action of Care Health Unlisted Share
| Financial Year | Particulars | Record Date | Ratio/Rates/Amount | Remarks |
|---|---|---|---|---|
| 2022-23 | RIGHTS | 12-Aug-2022 | 1:34 | Right Issue announced, face value of Rs.10 @ premium of Rs.100, 1 share for 34 shares. |
About of Tata Capital Ltd
A division of Tata Sons Private Limited, Tata Capital Limited (TCL) is listed with the RBI as a Systemically Important Non-Deposit Accepting Core Investment Company. Tata Capital and its subsidiaries (collectively referred to as "Tata Capital") are a reliable, customer-focused, one-stop partner for financial solutions. They are involved in lending and provide a broad range of services and products in the financial services industry.
Overview of Tata Capital Ltd
Milestones
2007 : TCL commences NBFC operations in 2007
2008 : Tata Capital Housing Finance Ltd incorporated
2010 : Tata Capital Financial Services Ltd incorporated
2012 : TCL reorganised as CIC and transferred its NBFC business to TCFSL
2013 : Private Equity Funds raised - $1 billion
2013 : Tata Cleantech Finance incorporated
2018 : Rating transition from AA+ to AAA
2023 : Loan Book crosses INR 1 lakh crore mark, Highest ever PAT, TCCL & TCFSL merged into TCL
Management
Mr. Saurabh Agrawal – Chairman
· Group CFO of Tata Sons Private Limited. Prior to joining Tata Sons in June 2017, he was the Head of Strategy of the Aditya Birla Group.
· Ex-Merrill Lynch, Ex-Standard Chartered Bank
· UG from IIT Roorkee, PG from IIM Kolkata
Mr. Rajiv Sabharwal – MD & CEO
· B. Tech from IIT Delhi and PGDM from IIM Lucknow
· Ex- ICICI Bank, Ex- Sequoia Capital, Ex-True North
Product Portfolio of Tata Capital
As a one stop financial services provider, Tata Capital caters to the diverse financial requirements of its retail, corporate and institutional customers with a comprehensive suite of products and offerings :
Driving business digitally
Digital transformation continues to be an area of continuous focus for Tata Capital. During the FY 22-23, the Company has continued to invest to create best-in-class digital platforms and products. This in turn has enabled Tata Capital to provide superior and more personalized customer experiences, greater operational efficiency across the lending value chain and become a relevant player in India’s growing digital ecosystem.
Insights of Tata Capital Ltd
Business Insights
Key Highlights FY22-23:
· Disbursals grew by 42% YOY to 75,099 Crore led by our investments in digital and focus on deeper markets.
· Consolidated market position in key products across both Retail as well as MSME segments. Share of Retail & MSME stood at 80%+ of the loan book.
· Margins improved by 20 bps YOY; aided by high growth and better product mix despite higher cost of funds.
· Credit cost stood at 0.5% (down by 80 bps YoY), which is amongst the lowest in the industry.
· Tata Capital continued to maintain strong asset quality, which remains the best amongst peers. As of year-end, the gross NPA & net NPA stood at 1.7% & 0.4% respectively.
· Tata Capital achieved highest-ever PAT of 2,975 Crore with a YOY growth of 80%; excluding certain one-time gains, PAT stood at 2,414 Crore (up by 46% YoY).
· Tata Capital highest-ever ROE of 23.0%, up by 740 bps YoY; excluding one-time gains, the ROE stood at 17.3%
· Loan book of Tata Capital stood at 1,35,251 crores (76% secured)
· Tata Capital has around 600+ branches and 38 lakh customers.
· Tata Capital is profitable since inception and has secured AAA rating by Crisil, ICRA and India ratings.
Disbursals & loan book
Balance Sheet of Tata Capital Ltd
Standalone(in ₹ Cr.)
| Category | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|
| Equity | 10110.53 | 7017.98 |
| Liabilities | 5052.02 | 4244.53 |
| Total Equity and Liabilities | 15162.55 | 11262.51 |
| Net Fixed Assets | 88.37 | 84.78 |
| Other Non current Assets | 17.92 | 39.95 |
| Current Assets | 15056.26 | 11137.78 |
| Total Assets | 15162.55 | 11262.51 |
Consolidated(in ₹ Cr.)
| Category | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|
| Equity | 18148.67 | 12835.99 |
| Liabilities | 117413.58 | 89539.57 |
| Total Equity and Liabilities | 135562.25 | 102375.56 |
| Net Fixed Assets | 741.34 | 727.15 |
| Capital Work-in-progress | 11.30 | 3.77 |
| Other Non current Assets | 1409.28 | 2299.55 |
| Current Assets | 133400.33 | 99345.09 |
| Total Assets | 135562.25 | 102375.56 |
Profit and Loss of Tata Capital Ltd
Standalone(in ₹ Cr.)
| Category | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|
| Net Revenue | 310.30 | 434.86 |
| Total Operating Cost | 151.40 | 112.14 |
| Operating Profit (EBITDA) | 158.90 | 322.72 |
| Other Income | 1042.83 | 77.03 |
| Depreciation and Amortization Expense | 11.27 | 7.10 |
| Profit Before Interest and Taxes | 1190.46 | 392.65 |
| Finance Costs | 304.83 | 289.70 |
| Profit Before Tax and Exceptional Items Before Tax | 885.63 | 102.95 |
| Profit Before Tax | 885.63 | 102.95 |
| Income Tax | 165.13 | 19.85 |
| Profit for the Period from Continuing Operations | 720.50 | 83.10 |
| Profit for the Period | 720.50 | 83.10 |
Consolidated(in ₹ Cr.)
| Category | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|
| Net Revenue | 13358.41 | 10109.34 |
| Total Operating Cost | 3020.34 | 2908.42 |
| Operating Profit (EBITDA) | 10338.07 | 7200.92 |
| Other Income | 425.29 | 311.71 |
| Depreciation and Amortization Expense | 226.02 | 275.88 |
| Profit Before Interest and Taxes | 10537.34 | 7236.75 |
| Finance Costs | 6600.78 | 4889.03 |
| Profit Before Tax and Exceptional Items Before Tax | 3936.56 | 2347.72 |
| Profit Before Tax | 3936.56 | 2347.72 |
| Income Tax | 990.79 | 546.91 |
| Profit for the Period from Continuing Operations | 2945.77 | 1800.81 |
| Profit for the Period | 2945.77 | 1800.81 |
Management of Tata Capital Ltd
Malvika Sinha - Independent Director
Saurabh Agrawal - Chairman
Rajiv Sabharwal - Managing Directo
FAQs of Tata Capital Ltd
-
What Is The Lock-In Period Of most unlisted shares?
The lock-in period of unlisted shares depends on the category of investors
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Bira91 (B9 Beverages Ltd.)
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Bira91 (B9 Beverages Ltd.)
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
This regulation was brought by SEBI in August 2021. The purpose of the regulation change of lower lock-in period, was primarily to promote greater participation and investments before the IPO listing. Hence, PMS< retail investors, institutions can enjoy better liquidity.
-
How Is the Price Calculated?
Unlisted share price determination is also driven by same values – Fundamental values and current demand and supply.
-
What is the minimum investment ticket size for buying Unlisted shares?
We generally address ticket size of Rs 25000 (closest round off).
Press of Tata Capital Ltd
24th May 2024
Care health insurance Ipo coming soon
Religare Ent Kickstarts #IPO Process For #CareHealth Insurance May Raise ?1,500-2,000 Cr; IPO To Have Secondary, Primary Sale Funds To Be Used To Enhance Solvency, Support Growth At Care Health Religare Ent Along With Other Shareholders May Sell Stake
24th May 2024
In mega deal, Blackstone acquires Hyderabad based CARE Hospitals, Keralas KIMSHEALTH for over $1bn
Global private equity giant Blackstone on Monday announced its debut in the Indian healthcare market with the acquisition of a majority stake in Hyderabad-based CARE Hospitals, which in turn has inked a definitive agreement to acquire a majority stake in Kerala-based KIMSHEALTH from PE player True North.
24th May 2024
Religare may sell 6-7% of its health insurance business
Religare Enterprises Ltd is in early talks with private equity (PE) investors to sell 6-7% in its subsidiary Care Health Insurance Ltd to raise as much as ₹1,200 crore, three people close to the matter said.
24th May 2024
Care Health Insurance Q4FY23 Highlights
He main contributor in the increase in Gross Direct Premium was Health Insurance which increased from ₹3,425.50 crore in FY22 to ₹4,697.64 crore in FY23. The Market Cap/Gross Direct Premium stands at 2.69 & The Market Cap/Net Premium Earned stands at 3.52 for FY23.
24th May 2024
Religare Finvest completes OTS with its lenders
Religare Enterprises Limited (REL) has announced that its owned subsidiary Religare Finvest Limited (RFL), has completed the OneTime-Settlement (OTS) with 16 lenders on Wednesday, as per an official release.
Company Information of Tata Capital Ltd
ISIN: INE976I01016
Address: 11th Floor, Tower A, Peninsula Business Park Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013
Email: investors@tatacapital.com
Phone Number: 022 6606 9000
Date of Incorporation: 08-Jan-1991
Date of Last AGM: 14-Sep-2023
Data as Date: 31-Mar-2023
Source of Data: Website, Google