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HomeSTOCKS₹189 Share; 1 Lakh Became 9 Lakh; Money Doubled In 3 Months;...

₹189 Share; 1 Lakh Became 9 Lakh; Money Doubled In 3 Months; Now Bonus Share

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Paisalo Digital Ltd (NSE: PAISALO): Multibagger Stock: An NBFC (Non-Banking Financial Corporation) stock has provided an annual return of 207.6 percent to investors over a year. 

The investment increased by more than a third in three months. The company is now planning to offer bonus shares. 

The company will be NBFC Paisalo Digital. The date of the record to issue the bonuses was set for March 20th, 2024. 

The board of directors of the company approved that bonus in a ratio of 1:1 during its meeting on January 31.

That means that shareholders holding shares in Paisalo Digital at the record date will be eligible for an additional bonus that is 1 equity stake that is Re 1 for each existing equity stake that is Re 1. 

Paisalo Digital primarily provides finance for self-employed customers. The company makes it happen. 

The company operates under three divisions: Financial Services Division, Microcredit Division, and Alternate Energy Division.

1 Lakh Was 9 Lakhs Over 4 Years

Four years ago, on March 9, 2020, Paisalo Digital’s share price was Rs 20.58 at the time of its listing on BSE. 

Its price today on the 9th of March, 2024, is at 188.10. This implies that the share price has risen by around 814 percent during the past four years. 

If someone had made an investment of Rs 15,000 in shares four years ago but had not yet sold the shares today, his investment would be higher than the sum of Rs 9 lakh. 

If someone had put in 50,000 rupees, this amount would have been 4.57 lakh today.

Paisalo Digital’s Profit Grew By 102 Percent In The Third Quarter Of Q3

Paisalo Digital’s consolidated net income during the December quarter of FY24 grew by 100 percent over the year to 56.46 crore. 

The total income grew by 49 percent over the year to the figure of 182.59 crore.

About Paisalo Digital Ltd Company

Paisalo Digital Limited is a non-banking and non-deposit-taking financial institution.

The company is involved in offering financial services for self-help groups, and women from the lower rungs of society

The segments of the company include the Small Finance Division and Corporate Loan Division. 

The company’s Small Finance Division focuses on rural and semi-urban areas with loans that are only available to support income-generating activities, 

which include milk farming, cycling rickshaws cattle farming, small traders, craft work such as making papads, and other similar activities.

The corporate Loan Division is engaged in offering funds to small-medium businesses (SMEs) corporate groups educational institutions, as well as loans against the property.

It offers loans only for the need of working capital. It provides flexible micro small and medium enterprises (MSME) SME, micro, and commercial loans, based on the borrower’s profile.

Fundamental Analysis of Paisalo Digital Ltd

Market Cap₹ 8,455 Cr.
Current Price₹ 189.35
52-wk High₹ 199.25
52-wk Low₹ 47.70
Stock P/E51.76
Book Value₹ 27.8
Dividend0.03 %
ROCE11.4 %
ROE8.92 %
Face Value₹ 1.00
P/B Value6.78
OPM81.0 %
EPS₹ 3.63
Debt₹ 2,224 Cr.
Debt to Equity1.78

Paisalo Digital Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 154₹ 190
2025₹ 198₹ 232
2026₹ 243₹ 265
2027₹ 278₹ 300
2028₹ 304₹ 325
2029₹ 350₹ 390
2030₹ 400₹ 476
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Paisalo Digital Ltd Shareholding Pattern

Promoters Holding
Dec 202245.92%
Mar 202345.92%
June 202346.24%
Sept 202347.05%
Dec  202348.86%
FII Holding
Dec 202219.59%
Mar 202320.11%
June 202319.92%
Sept 202317.01%
Dec  202315.66%
DII Holding
Dec 202213.46%
Mar 202313.32%
June 202314.18%
Sept 202314.20%
Dec  202314.15%
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Public Holding
Dec 202221.02%
Mar 202320.64%
June 202319.65%
Sept 202321.73%
Dec  202321.33%

Paisalo Digital Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 361 Cr
2020₹ 375 Cr
2021₹ 346 Cr
2022₹ 392 Cr
2023₹ 581 Cr

Last 5 Years’ Net Profit:

2019₹ 56 Cr
2020₹ 54 Cr
2021₹ 58 Cr
2022₹ 79 Cr
2023₹ 163 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20191.75
20201.62
20211.53
20221.64
20231.83

Last 10 Years’ Profit Growth:

10 Years:3%
5 Years:11%
3 Years:21%
Current Year:89%

Last 10 years’ Return on Equity (ROE):

10 Years:9%
5 Years:8%
3 Years:8%
Last Year:9%

Sales Growth Over 10 Years:

10 Years:7%
5 Years:9%
3 Years:8%
Current Year:28%

Conclusion

This article is a complete guide about Paisalo Digital Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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