Sayantan Chakraborty
With a Market Capitalization of ₹2,948 Crore, SG Finserve Limited [BSE: 539199] is a multibagger smallcap stock that gave 264x Return in less than three years. That means if you had invested ₹1,000 in this multibagger stock three years ago, it would now be worth ₹2,64,975.50/-.
Founded in 1994, SG Finserve is an NBFC that provides financial services like Broking, Distribution, Investment Research, Online Trading, Wealth management, etc. And in the last 1-year, this smallcap multibagger stock generated a return of 796.87% for its investors.
About SG Finserve Limited
Previously known as MOONGIPA SECURITIES LIMITED, SG Finserve is Delhi based NBFC. The company’s main business is trading in shares listed on the Indian stock exchanges using its own capital. SG Finserve is a part of APL Apollo Group, whose flagship company is the steel tube maker APL Apollo Tubes.
According to Nirmal Bang, SG Finserve has a ROCE of 13.20% and is currently trading at a P/E above 160. And as of March 2023, the company’s Promoter Holding stands at more than 50%.
Financial Result of SG Finserve
On 11th May 2023, SG Finserve reported its audited and unaudited financial results. The company performed exceptionally well on both sequential and Y-o-Y basis.
The Total Revenue From Operations of SG Finserve stood at ₹27.53 Crore for the quarter ending on 31st March 2023, up 10,958.35% on a Y-oY basis against ₹24.90 Lakh reported for the March 2022 quarter.
Sequentially, the company’s Total Revenue From Operations for Q4FY23 is up 121.09% against ₹12.45 Crore reported for the quarter ended on 31st December 2022.
The Total Revenue From Operations of SG Finserve for the financial year 2023 stood at ₹41.44 Crore, up 13,025.01% on a Y-o-Y basis against ₹31.58 Lakh reported for FY 2022.
The Profit After Tax or PAT of SG Finserve for the March quarter of 2023 stood at ₹14.05 Crore, compared to a loss of ₹69.02 Lakh, reported for the quarter that ended on 31st March 2022.
Sequentially, the Q4FY23 PAT of SG Finserve is up 204.85% against the PAT of ₹4.60 Crore reported for the December 2022 quarter.
For the financial year 2023, the Net Profit of SG Finserve stood at ₹18.40 Crore, up 2,246.54% against the Net Profit of ₹78.44 Lakh reported for FY2022.
The company’s EPS also saw a massive uptick after the Q4FY23 result.
The diluted EPS of SG Finserve for the quarter that ended on 31st March 2023 stood at ₹3.85/- whereas the diluted EPS for the March quarter of 2022 was negative ₹1.38/- as the company reported a Net Loss for that quarter.
On a sequential basis, the diluted EPS of SG Finserve is up 203.14% against ₹1.27/- reported for the quarter that ended on 31st December 2022.
Share Price Of SG Finserve Limited
On Friday, 26th May 2023, shares of SG Finserve opened at ₹744.40/-. After making a fresh new 52-week high of ₹748.00/-, the stock closed the day at ₹716.15/- a piece, up 0.27% compared to the previous day’s close.
Registering a daily volume of 38,979 shares compared to the 20-Day average volume of 19,775 shares, the stock of SG Finserve traded sideways for most of the day.
The stock made its 52-week low of ₹65.75/- on 23rd May 2022 with a daily volume of 24,151 shares.
In the last week, the stock of SG Finserve gave a return of 21.68%. On 22nd May 2023, the company’s stock price opened at ₹587.60/- and rose by ₹127.40/- throughout the week.
And in the last 1-month, the share price of SG Finserve rose by ₹203/-, thus generating a return of 39.65% within a month. On 27th April 2023, the stock price of SG Finserve opened at ₹512.00/-
In the last 1-year, shares of SG Finserve have generated a return of 796.87%. On 27th May 2022, the share price of SG Finserve closed at ₹79.85/- per share.
And in less than three years, the stock of SG Finserve gave a return of 26,424.07% to its investors. On 11th June 2020, shares of SG Finserve were trading at ₹2.70/- per share.
From 11th June 2020, the stock has risen by ₹636.30/-.
Investing ₹1 Lakh In This Smallcap Multibagger Stock
Investing ₹1 Lakh in the stock of SG Finserve a month ago would have fetched 196 shares at ₹509.10/- a piece. At the current stock price of ₹716.15/-, 196 shares of SG Finserve are now worth ₹1,40,365.40/-.
Investing ₹1 Lakh a year ago in shares of SG Finserve would have fetched 1,252 shares at ₹79.85/- a piece. At the current market price of ₹716.15/-, 1,252 shares of SG Finserve are now worth ₹8,96,619.80/-. That equates to a return of 7.96 times within a year.
And if an investor had invested ₹1 Lakh in SG Finserve shares on 11th June 2020, nearly three years ago, it would have fetched 37,037 shares at ₹2.70/- a piece. At the current share price of ₹716.15/-, the value of 37,037 shares of SG Finserve is ₹2,65,24,047.55/-. In other words, ₹2.65 Crore.
That equates to a return of 264.24 times in less than three years. It means if you had invested ₹10,000/- in the same period in SG Finserve, it would now be worth ₹26,51,903.45/-.
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