Palash Securities
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Palash Securities share price

Palash Securities Ltd.

NSE: PALASHSECU BSE: 540648 SECTOR: Finance - Investment  12k   27   1

137.20
0 0
BSE: 17 May 04:01 PM

Price Summary

Today's High

₹ 142.7

Today's Low

₹ 135.3

52 Week High

₹ 164

52 Week Low

₹ 96.15

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 137.24 Cr.

Advances

₹ 0 Cr.

No. of Shares

1 Cr.

P/E

837.1

P/B

4.41

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  31.14

Operating Revenue

₹ 4.84 Cr.

Net Profit

₹ 4.26 Cr.

Promoter Holding

72.11 %

EPS (TTM)

₹  0.16

Sales Growth

489.23

ROE

15.02 %

ROCE

15.43%

Profit Growth

129.13 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year489.23%
3 Year311.73%
5 Year285.36%

Profit Growth

1 Year129.13%
3 Year258.77%
5 Year68.75%

ROE%

1 Year15.02%
3 Year12.03%
5 Year7.05%

ROCE %

1 Year15.43%
3 Year11.72%
5 Year7.26%

ROA%

13.5577158521034

PEG Ratio

6.48

PAT Margin (%)

88.0122210524143

EPS Growth(%)

129.132842320305

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 72.11 0
Dec 2023 71.85 0
Sep 2023 71.85 0
Jun 2023 71.85 0
Mar 2023 71.85 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has maintained a good ROA of 10.7362627590542% in last 3 years.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 311.729258689622%.
  • The company has delivered substantial profit growth of 258.772337975138% over past 3 years.
  • Promoters shareholding is 72.11%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Operating Revenue 2.41 0.07 0.08 0.04 0.04
Other Income 0.09 0.09 0.09 0.09 0.09
Interest Expended 0.03 0.03 0.01 0 0
Operating Expenses 0.13 0.13 0.09 0.03 0.07
Total Provisions 0 0 0 0 0
Depreciation 0.01 0.01 0.01 0.01 0
Profit Before Tax 2.34 0 0.06 0.09 0.06
Tax 0.41 0 0.01 0.02 0.01
Net Profit 1.92 0 0.05 0.07 0.04
Adjusted EPS (RS) 1.92 0 0.05 0.07 0.04

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 0.07 0.07 2.98 0.82 4.84
Other Income 0.37 0.37 0.35 1.62 0.38
Interest 0.2 0.2 0.13 0.11 0.11
Operating Expenses 0.28 0.33 0.33 0.47 0.44
Total Provisions 0 0.01 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.05 -0.1 2.88 1.87 4.68
Tax 0.02 0 0 0.01 0.41
Profit After Tax -0.07 -0.1 2.88 1.86 4.26
Adjusted EPS (Rs.) -0.07 -0.1 2.88 1.86 4.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 10 10 10 10 10
Total Reserves 9.78 9.45 13.04 16.46 20.3
Borrowings 2.17 2.3 2.4 2.49 2.59
Other N/C liabilities 0.09 0 0 0 0.35
Current liabilities 0.95 0.95 0.3 0.24 0.45
Total Liabilities 23 22.71 25.74 29.2 33.69
Assets
Loans 0 0 0 0 0
Net Block 0.45 0.42 0.39 0 0
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 22.34 22.11 22.82 27.87 27.79
Other Loans 0 0 0 0 0
Other N/C Assets 0 0 0 0.37 0.35
Current Assets 0.21 0.18 2.53 0.96 5.55
Total Assets 23 22.71 25.74 29.2 33.69
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 71.85 71.85 71.85 71.85 72.11
chandra shekhar nopany 0.28 0.28 0.28 0.28 0.28
chandra shekhar nopany - ... - 2.21 2.21 2.21 2.47
deepshikha trading co pvt... 6.89 6.89 6.89 6.89 6.89
ganges securities limited... 12.83 12.83 12.83 12.83 12.83
nandini nopany 0.04 0.04 0.04 0.04 0.04
narkatiaganj farms limite... 0.10 0.10 0.10 0.10 0.10
new india retailing and i... 10.71 10.71 10.71 10.71 10.71
rajpur farms limited 0.15 0.15 0.15 0.15 0.15
ronson traders limited 5.38 5.38 5.38 5.38 5.38
rtm investment and tradin... 9.05 9.05 9.05 9.05 9.05
scm investment & trading ... 10.79 10.79 10.79 10.79 10.79
sidh enterprises ltd. 3.07 3.07 3.07 3.07 3.07
sonali commercial ltd. 5.62 5.62 5.62 5.62 5.62
uttam commercial ltd. 1.68 1.68 1.68 1.68 1.68
yashovardhan investment &... 3.05 3.05 3.05 3.05 3.05
chandra shekhar nopany-sh... 2.21 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 28.15 28.15 28.15 28.15 27.89
ashish bharatkumar shah 3.28 3.28 3.28 3.28 2.78
kinnari vaibhav shah 2.04 2.04 2.04 2.04 2.04
llp 0.02 0.03 0.03 0.03 0.03
raviraj developers limite... 3.12 3.05 3.05 3.05 3.05

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Palash Securities - Quaterly Results15 May 2024, 12:00PM Palash Securities - Quaterly Results15 May 2024, 12:00PM Palash Securities informs about certificate8 Apr 2024, 1:02PM Palash Securities informs about closure of trading window 27 Mar 2024, 12:44PM Palash Securities - Quaterly Results14 Feb 2024, 5:55PM Palash Securities - Quaterly Results14 Feb 2024, 5:55PM Palash Securities informs about compliances-certificate6 Jan 2024, 3:45PM Palash Securities informs about issue of duplicate share certificates6 Jan 2024, 12:49PM Palash Securities informs about certificate6 Jan 2024, 11:46AM Palash Securities informs about press release16 Aug 2023, 2:51PM Palash Securities - Quaterly Results14 Aug 2023, 4:07PM Palash Securities informs about board meeting4 Aug 2023, 5:09PM Palash Securities informs about newspaper publication20 Jul 2023, 4:51PM Palash Securities informs about RTA certificate13 Jul 2023, 2:52PM Palash Securities informs about press release10 Jul 2023, 3:16PM Palash Securities - Quaterly Results11 May 2023, 7:55PM Palash Securities - Quaterly Results11 May 2023, 7:55PM Palash Securities informs about compliance certificate12 Apr 2023, 3:58PM Palash Securities informs about trading window closure29 Mar 2023, 4:30PM Palash Securities informs about disclosure24 Feb 2023, 3:13PM Palash Securities - Quaterly Results13 Feb 2023, 4:55PM Palash Securities - Quaterly Results13 Feb 2023, 4:55PM Palash Securities informs about loss of share certificate18 Jan 2023, 4:20PM Palash Securities informs about certificate 16 Jan 2023, 5:32PM Palash Securities - Quaterly Results10 Nov 2022, 6:56PM Palash Securities informs about outcome of AGM19 Jul 2022, 4:56PM Palash Securities informs about newspaper advertisement 25 Jun 2022, 4:06PM Palash Securities informs about related party transactions27 May 2022, 4:28PM Palash Securities - Quaterly Results12 May 2022, 6:13PM Palash Securities - Quaterly Results12 May 2022, 6:13PM Palash Securities informs about closure of trading window30 Sep 2021, 5:10PM Palash Securities informs about AGM proceedings25 Aug 2021, 5:01PM Palash Securities informs about annual report2 Aug 2021, 1:00PM Palash Securities informs about AGM2 Aug 2021, 12:58PM Palash Securities informs about disclosure on related party transactions10 Jun 2021, 12:17PM Palash Securities informs about annual secretarial compliance report25 May 2021, 12:02PM Palash Securities informs about disclosure25 Feb 2021, 10:11AM

Palash Securities Stock Price Analysis and Quick Research Report. Is Palash Securities an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Palash Securities better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Palash Securities is Rs 4.2634 Cr and the compounded growth of profit in the past 3 years is 258.767754623773 %. The PAT margin of Palash Securities is 88.0122210524143 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Palash Securities , the EPS grew by 129.132842320305 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Palash Securities has a average ROE track record. The ROE of Palash Securities is at 15.0206986453397 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Palash Securities is worth at the current levels at Rs 135.75. Palash Securities is trading at a current P/E ratio of 23.2045235916567 and the average historical P/E for the last 5 years was 19.2323180954654.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Palash Securities is trading at a P/B of 4.4112 . The average historical P/B for the last 5 years was 2.44107517764854. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Palash Securities is Rs 135.75. One can use valuation calculators of ticker to know if Palash Securities share price is undervalued or overvalued.

Last Updated on:
Brief about Palash Securities
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