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Banas Finance (BOM:509053) Market Cap : ₹705.7 Mil (As of Jun. 06, 2024)


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What is Banas Finance Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Banas Finance's share price for the quarter that ended in Dec. 2023 was ₹13.6375. Banas Finance's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 63.8 Mil. Therefore, Banas Finance's market cap for the quarter that ended in Dec. 2023 was ₹870.1 Mil.

Banas Finance's quarterly market cap declined from Jun. 2023 (₹815.3 Mil) to Sep. 2023 (₹813.9 Mil) but then increased from Sep. 2023 (₹813.9 Mil) to Dec. 2023 (₹870.1 Mil).

Banas Finance's annual market cap increased from Mar. 2021 (₹159.3 Mil) to Mar. 2022 (₹1,315.8 Mil) but then declined from Mar. 2022 (₹1,315.8 Mil) to Mar. 2023 (₹487.7 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Banas Finance's Enterprise Value for Today is ₹713.9 Mil.


Banas Finance Market Cap Historical Data

The historical data trend for Banas Finance's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banas Finance Market Cap Chart

Banas Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.68 12.63 159.28 1,315.78 487.67

Banas Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 783.15 487.67 815.34 813.90 870.12

Competitive Comparison of Banas Finance's Market Cap

For the Credit Services subindustry, Banas Finance's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banas Finance's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Banas Finance's Market Cap distribution charts can be found below:

* The bar in red indicates where Banas Finance's Market Cap falls into.



Banas Finance Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Banas Finance's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹7.64332*63.8033
=₹487.7

Banas Finance's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=₹13.6375*63.8033
=₹870.1

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banas Finance  (BOM:509053) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Banas Finance Market Cap Related Terms

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Banas Finance (BOM:509053) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, E/109, Crystal Plaza, Opposite Infinity Mall, Andheri (West), Mumbai, MH, IND, 400053
Banas Finance Ltd is an Indian-based non-banking financial company. The company is engaged in Lending and Securities Trading. It generates maximum revenue from Interest Income. The company operates in India.

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