Aasaan Loans IPO Peer Comparison
Akme Fintrade India Ltd peer comparison with similar listed entities. (As on March 31, 2023)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|
| Akme Fintrade India Ltd | 5.85 | 5.85 | 64.65 | | 7.72 | | |
| Mas Financial Services Ltd | 37.18 | 37.18 | 277.83 | 26.47 | 13.55 | 3.54 | Consolidated |
| Shriram Finance Limited | 160.54 | 159.83 | 1,162.12 | 14.73 | 13.82 | 2.03 | Consolidated |
| Cholamandalam Investment And Finance Company Ltd | 32.44 | 32.38 | 174.52 | 33.52 | 18.58 | 6.22 | Consolidated |
| Arman Financial Service Limited | 110.47 | 107.28 | 430.61 | 20.99 | 25.65 | 5.23 | Consolidated |
| CSL Finance Limited | 22.02 | 21.40 | 174.85 | 22.70 | 12.59 | 2.78 | Consolidated |
Notes:
- Financial information for Akme Fintrade (India) Limited is derived from the Restated Financial Statements for the year ended March 31, 2023.
- All the financial information for listed industry peers mentioned above is on a consolidated basis and is sourced from the annual reports/ financial results as available of the respective company for the year ended March 31, 2023, submitted to stock exchanges.
- Basic EPS refers to the Basic EPS sourced from the financial results of the respective company for the year ended March 31, 2023.
- The P/E Ratio has been computed based on the closing market price of equity shares on BSE on February 21, 2024, divided by the Diluted EPS provided under Note 1.
- RoNW is computed as net profit after tax (including profit attributable to non-controlling interest) divided by closing net worth. Net worth has been computed as sum of paid-up share capital and other equity
- The P/B Ratio is computed as the closing market price of equity shares on the BSE as of February 21, 2024, divided by NAV as of March 31, 2023.
- Total Equity includes equity share capital and other equity derived from our Restated Financial Statements as of the last day of the relevant year
- Net Asset Value per Equity Share is computed as the Total Equity divided by the equity shares outstanding as of March 31, 2023.
- The listed peers are identified by us based on a similar line of business with our Company; however, they are not comparable in size to the company.
