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Akme Star Housing Finance

BSE:539017
Snowflake Description

Acceptable track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
539017
BSE
₹921M
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Akme Star Housing Finance Limited provides housing and non-housing loans in India. The last earnings update was 52 days ago. More info.


Add to Portfolio Compare Print
  • Akme Star Housing Finance has significant price volatility in the past 3 months.
539017 Share Price and Events
7 Day Returns
-8.1%
BSE:539017
-11.4%
IN Mortgage
-3.6%
IN Market
1 Year Returns
-3.7%
BSE:539017
-35.3%
IN Mortgage
-32.1%
IN Market
539017 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Akme Star Housing Finance (539017) -8.1% -25.8% -24.5% -3.7% -3.7% 238.1%
IN Mortgage -11.4% -28.2% -36.9% -35.3% -20% 6.2%
IN Market -3.6% -25.1% -30.2% -32.1% -24.1% -15.2%
1 Year Return vs Industry and Market
  • 539017 outperformed the Mortgage industry which returned -35.3% over the past year.
  • 539017 outperformed the Market in India which returned -32.1% over the past year.
Price Volatility
539017
Industry
5yr Volatility vs Market

539017 Value

 Is Akme Star Housing Finance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Akme Star Housing Finance to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Akme Star Housing Finance.

BSE:539017 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ₹19.94 * 13.8%
₹2.75
Book Value of Equity per Share Median Book Value from the past 5 years. ₹19.94
Discount Rate (Cost of Equity) See below 13.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:539017
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.61
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.605 (1 + (1- 35%) (43.35%))
0.85
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.85 * 7.85%)
13.15%

Discounted Cash Flow Calculation for BSE:539017 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Akme Star Housing Finance is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BSE:539017 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (13.8% – 13.15%) * ₹19.94)
₹0.13
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹0.13 / (13.15% - 6.48%)
₹1.89
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹19.94 + ₹1.89
₹21.84
BSE:539017 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹21.84
Current discount Discount to share price of ₹58.75
= -1 x (₹58.75 - ₹21.84) / ₹21.84
-169%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Akme Star Housing Finance is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Akme Star Housing Finance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Akme Star Housing Finance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:539017 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in INR ₹11.00
BSE:539017 Share Price ** BSE (2020-04-03) in INR ₹58.75
India Mortgage Industry PE Ratio Median Figure of 12 Publicly-Listed Mortgage Companies 7.63x
India Market PE Ratio Median Figure of 2,614 Publicly-Listed Companies 9.41x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Akme Star Housing Finance.

BSE:539017 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539017 Share Price ÷ EPS (both in INR)

= 58.75 ÷ 11.00

5.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akme Star Housing Finance is good value based on earnings compared to the IN Mortgage industry average.
  • Akme Star Housing Finance is good value based on earnings compared to the India market.
Price based on expected Growth
Does Akme Star Housing Finance's expected growth come at a high price?
Raw Data
BSE:539017 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Mortgage Industry PEG Ratio Median Figure of 5 Publicly-Listed Mortgage Companies 0.23x
India Market PEG Ratio Median Figure of 400 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Akme Star Housing Finance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Akme Star Housing Finance's assets?
Raw Data
BSE:539017 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in INR ₹27.66
BSE:539017 Share Price * BSE (2020-04-03) in INR ₹58.75
India Mortgage Industry PB Ratio Median Figure of 15 Publicly-Listed Mortgage Companies 0.64x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 0.63x
BSE:539017 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539017 Share Price ÷ Book Value per Share (both in INR)

= 58.75 ÷ 27.66

2.12x

* Primary Listing of Akme Star Housing Finance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akme Star Housing Finance is overvalued based on assets compared to the IN Mortgage industry average.
X
Value checks
We assess Akme Star Housing Finance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Akme Star Housing Finance has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

539017 Future Performance

 How is Akme Star Housing Finance expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Akme Star Housing Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Akme Star Housing Finance expected to grow at an attractive rate?
  • Unable to compare Akme Star Housing Finance's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Akme Star Housing Finance's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Akme Star Housing Finance's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:539017 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 2%
India Mortgage Industry Revenue Growth Rate Market Cap Weighted Average -45%
India Market Earnings Growth Rate Market Cap Weighted Average 19.2%
India Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:539017 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:539017 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-12-31 95 52
2019-09-30 86 57
2019-06-30 80 49
2019-03-31 73 -55 43
2018-12-31 67 37
2018-09-30 63 37
2018-06-30 58 33
2018-03-31 52 -221 29
2017-12-31 44 27
2017-09-30 37 19
2017-06-30 32 16
2017-03-31 29 -28 14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Akme Star Housing Finance is high growth as no earnings estimate data is available.
  • Unable to determine if Akme Star Housing Finance is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:539017 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Akme Star Housing Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539017 Past Financials Data
Date (Data in INR Millions) EPS *
2019-12-31 11.00
2019-09-30 4.65
2019-06-30 4.05
2019-03-31 3.57
2018-12-31 3.08
2018-09-30 3.06
2018-06-30 2.77
2018-03-31 2.43
2017-12-31 1.63
2017-09-30 1.60
2017-06-30 1.32
2017-03-31 1.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Akme Star Housing Finance will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 539017’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Akme Star Housing Finance's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Akme Star Housing Finance's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Akme Star Housing Finance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Akme Star Housing Finance has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

539017 Past Performance

  How has Akme Star Housing Finance performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Akme Star Housing Finance's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Akme Star Housing Finance has delivered over 20% year on year earnings growth in the past 5 years.
  • Akme Star Housing Finance's 1-year earnings growth is less than its 5-year average (39.8% vs 41.6%)
  • Akme Star Housing Finance's earnings growth has exceeded the IN Mortgage industry average in the past year (39.8% vs 16.1%).
Earnings and Revenue History
Akme Star Housing Finance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Akme Star Housing Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539017 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 95.18 51.93 15.90
2019-09-30 86.22 56.78 12.52
2019-06-30 79.68 49.04 9.03
2019-03-31 73.17 43.17 8.59
2018-12-31 66.97 37.14 7.83
2018-09-30 63.35 36.77 8.01
2018-06-30 58.43 33.20 7.94
2018-03-31 51.64 28.95 7.37
2017-12-31 43.87 26.63 6.08
2017-09-30 36.88 19.00 5.20
2017-06-30 32.22 15.58 4.50
2017-03-31 29.25 14.07 4.25
2016-12-31 27.45 13.32 4.45
2016-09-30 26.38 13.40 4.70
2016-06-30 25.31 12.45 4.75
2016-03-31 23.98 11.55 4.80
2015-12-31 22.13 10.73 4.58
2015-09-30 19.80 9.91 5.74
2015-06-30 17.69 8.29 5.43
2015-03-31 16.07 6.67 3.74
2014-03-31 9.14 3.67 3.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Akme Star Housing Finance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Akme Star Housing Finance used its assets more efficiently than the IN Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Akme Star Housing Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Akme Star Housing Finance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Akme Star Housing Finance has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

539017 Health

 How is Akme Star Housing Finance's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Akme Star Housing Finance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Akme Star Housing Finance Company Filings, last reported 3 months ago.

BSE:539017 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 341.60 399.20 1.29
2019-09-30 341.60 399.20 1.29
2019-06-30 274.40 419.69 30.67
2019-03-31 274.40 419.69 30.67
2018-12-31 250.98 413.63 16.79
2018-09-30 250.98 413.63 16.79
2018-06-30 230.77 295.56 10.93
2018-03-31 230.77 295.56 10.93
2017-12-31 191.50 169.76 1.81
2017-09-30 191.50 169.76 1.81
2017-06-30 179.45 66.76 20.46
2017-03-31 179.45 66.76 20.46
2016-12-31
2016-09-30 172.84 29.50 0.77
2016-06-30 165.38 12.66 0.78
2016-03-31 165.38 12.66 0.78
2015-12-31 165.38 12.66 0.78
2015-09-30 159.44 30.84 6.53
2015-06-30 159.44 30.84 6.53
2015-03-31 153.82 27.27 40.24
2014-03-31 101.29 28.02 8.25
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if Akme Star Housing Finance has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if Akme Star Housing Finance's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • Akme Star Housing Finance reports no customer deposits, loans are made up entirely of borrowed funds.
  • Akme Star Housing Finance's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Akme Star Housing Finance has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Akme Star Housing Finance has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Akme Star Housing Finance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Akme Star Housing Finance has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

539017 Dividends

 What is Akme Star Housing Finance's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Akme Star Housing Finance dividends.
If you bought ₹2,000 of Akme Star Housing Finance shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Akme Star Housing Finance's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Akme Star Housing Finance's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:539017 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 2%
India Minimum Threshold Dividend Yield 10th Percentile 0.4%
India Bottom 25% Dividend Yield 25th Percentile 1%
India Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Akme Star Housing Finance has not reported any payouts.
  • Unable to verify if Akme Star Housing Finance's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Akme Star Housing Finance's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Akme Star Housing Finance has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Akme Star Housing Finance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Akme Star Housing Finance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Akme Star Housing Finance has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

539017 Management

 What is the CEO of Akme Star Housing Finance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ashish Jain
COMPENSATION ₹1,620,000
AGE 34
TENURE AS CEO 1.8 years
CEO Bio

Mr. Ashish Jain serves as Managing Director of Akme Star Housing Finance Limited and has been its Executive Director since July 28, 2017. Mr. Jain served as Chief Financial Officer of Akme Star Housing Finance Limited from September 15, 2014 to August 8, 2017. He has done an M.Sc in Logistics and Supply Chain Management from University of Nottingham, UK.

CEO Compensation
  • Ashish's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ashish's remuneration is lower than average for companies of similar size in India.
Management Team

Ashish Jain

TITLE
Chairman & MD
COMPENSATION
₹2M
AGE
34
TENURE
1.8 yrs

Paritosh Kothari

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹345K
AGE
28

Nirmal Jain

TITLE
Executive Director
COMPENSATION
₹1,000K
AGE
52

Kalu Jain

TITLE
Executive Director
AGE
49

Kavish Jain

TITLE
Chief Manager of Operations
Board of Directors Tenure

Average tenure and age of the Akme Star Housing Finance board of directors in years:

4.8
Average Tenure
52
Average Age
  • The tenure for the Akme Star Housing Finance board of directors is about average.
Board of Directors

Ashish Jain

TITLE
Chairman & MD
COMPENSATION
₹2M
AGE
34
TENURE
1.8 yrs

Nirmal Jain

TITLE
Executive Director
COMPENSATION
₹1,000K
AGE
52
TENURE
15.1 yrs

Kalu Jain

TITLE
Executive Director
AGE
49
TENURE
8.9 yrs

Amrit Rajpurohit

TITLE
Non-Executive & Independent Director
AGE
66
TENURE
6.8 yrs

Rekha Jain

TITLE
Non Executive & Independent Director
TENURE
2.8 yrs

Suresh Gupta

TITLE
Non-Executive & Independent Director
AGE
60
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Akme Star Housing Finance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Akme Star Housing Finance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

539017 News

Simply Wall St News

539017 Company Info

Description

Akme Star Housing Finance Limited provides housing and non-housing loans in India. The company offers home loans for the purchase of flats/houses, and plot for construction of houses, as well as for the renovation and extension of existing units. It also provides mortgage and project loans. The company was incorporated in 2005 and is based in Mumbai, India.

Details
Name: Akme Star Housing Finance Limited
539017
Exchange: BSE
Founded: 2005
₹920,818,125
15,673,500
Website: http://www.akmestarhfc.in
Address: Akme Star Housing Finance Limited
Unit No. 708, Accord Classic,
Station Road,
Mumbai,
Maharashtra, 400063,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539017 Equity Shares Mumbai Stock Exchange IN INR 20. Mar 2015
Number of employees
Current staff
Staff numbers
0
Akme Star Housing Finance employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 13:51
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.