Summit Securities Ltd.

NSE: SUMMITSEC BSE: 533306 SECTOR: Finance - NBFC  8134   24   5

604.10
+1.40 (0.23%)
NSE: Today, 12:34 PM

Price Summary

Today's High

₹ 619

Today's Low

₹ 600.8

52 Week High

₹ 874

52 Week Low

₹ 514.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

658.58 Cr.

Advances

0 Cr.

No. of Shares

1.09 Cr.

P/E

27.66

P/B

0.28

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  2147.55

Operating Revenue

15.02 Cr.

Net Profit

8.66 Cr.

Promoter Holding

74.65 %

EPS (TTM)

₹  21.84

Sales Growth

-51.66

ROE

0.5 %

ROCE

0.76%

Profit Growth

-65.98 %

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

Your Added Ratios

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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.
* 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

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* 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 Year-51.66%
3 Year-44.12%
5 Year-2.61%

Profit Growth

1 Year-65.98%
3 Year-51.4%
5 Year-11.21%

ROE%

1 Year0.5%
3 Year1.08%
5 Year4.01%

ROCE %

1 Year0.76%
3 Year1.14%
5 Year4.25%

ROA%

0.463808444473233

PEG Ratio

NA

PAT Margin (%)

57.6858799794928

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 74.65 0
Mar 2022 74.65 0
Dec 2021 74.65 0
Sep 2021 74.65 0
Jun 2021 74.65 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 0.261227884565621 times the book value
  • Promoters shareholding is 74.65%.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of 1.07674633205751%.
  • The company a poor ROCE track record of 1.14065310555412% since last 3 years.
  • PAT margin has shrunk by 24.2903776331355%.
  • The company has delivered poor profit growth of -44.1179778489464% over past 3 years
  • The company has delivered poor Operating Income growth of -44.1179778489464% over past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Operating Revenue 3.06 22.24 0.91 3.98 11.83
Other Income 0 0.83 0 0.02 0
Interest Expended 0 0 0 0 0
Operating Expenses 0.42 0.66 0.71 1.39 3.91
Total Provisions 0 0 0 0 0
Depreciation 0.01 0.01 0.01 0.01 0
Profit Before Tax 2.63 22.4 0.19 2.6 7.92
Tax 0.88 6.42 0.04 0.65 2.19
Net Profit 1.75 15.98 0.15 1.95 5.73

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Operating Income 2.73 86.07 14.28 31.07 15.02
Other Income 0 0 0.01 0 0.06
Interest 0 0 0 0 0.06
Operating Expenses 1.2 1.41 1.81 2.22 2.04
Total Provisions 0.13 0.17 0.47 4.42 0.06
Exceptional Items 0.46 0 0 0 0
Profit Before Tax 1.86 84.49 12.01 24.43 12.91
Tax -3.76 9.01 0.11 -1.03 4.25
Profit After Tax 5.62 75.48 11.89 25.47 8.66
Adjusted EPS (Rs.) 5.15 69.24 10.91 23.36 7.95

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 10.9 10.9 10.9 10.9 10.9
Total Reserves 437.05 512.53 1789.59 1180.54 2234.33
Borrowings 0 0 0 0 0
Other N/C liabilities 0.18 0.2 160.66 76.22 216.08
Current liabilities 3.54 3.54 3.69 3.51 3.5
Total Liabilities 451.67 527.18 1964.85 1271.17 2464.82
Assets
Loans 0 0 0 0 0
Net Block 0.01 0.02 0.01 0.05 0.05
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 447.73 519.28 1961.37 1260.3 2461.3
Other Loans 0 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 3.93 7.88 3.47 10.82 3.47
Total Assets 451.67 527.18 1964.85 1271.17 2464.82
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 74.65 74.65 74.65 74.65 74.65
swallow associates... 67.23 67.23 67.23 67.23 67.23
carniwal investmen... 3.25 3.25 3.25 3.25 3.25
rpg cellular inves... 2.67 - - - 2.67
rpg cellular inves... - 2.67 2.67 2.67 -
stel holdings limi... 0.64 0.64 0.64 0.64 0.64
harsh vardhan goen... 0.02 0.02 0.02 0.02 0.02
harsh vardhan goen... - - - - -
harsh vardhan goen... 0.15 0.15 0.15 0.15 0.15
jubilee investment... - - - - 0.02
jubilee investment... - 0.02 0.02 0.02 -
jubilee investment... 0.02 - - - -
jubilee investment... - - - - -
jubilee investment... - - - - -
anant vardhan goen... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 25.35 25.35 25.35 25.35 25.35
life insurance cor... 2.73 2.73 2.73 2.73 2.73
muckatira bhemaiah... - 2.66 - - -
chinappa m b 1.08 - 1.49 1.49 1.49
vls finance ltd - 1.67 1.67 1.64 -
vls finance limited 1.58 - - - 1.58
smifs capital mark... 1.44 - - - 1.44
smifs capital mark... - 1.44 1.44 1.44 -
reliance financial... 1.22 - 1.22 1.22 1.22
llp 0.05 - 0.04 0.04 0.04
limited liablity p... - 0.04 - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Summit Securities - Quaterly Results8 Aug 2022, 1:37PM Summit Securities - Quaterly Results8 Aug 2022, 1:37PM Summit Securities - Quaterly Results8 Aug 2022, 1:37PM Summit Securities informs about loss of share certificate26 Jul 2022, 12:27PM Summit Securities informs about loss of share certificate14 Jun 2022, 3:13PM Summit Securities informs about loss of share certificate14 Jun 2022, 12:28PM Summit Securities informs about newspaper clipping26 May 2022, 4:46PM Summit Securities - Quaterly Results25 May 2022, 2:27PM Summit Securities - Quaterly Results25 May 2022, 2:27PM Summit Securities - Quaterly Results25 May 2022, 2:27PM Summit Securities informs about loss of share certificates2 May 2022, 4:23PM Summit Securities informs about loss of share certificate25 Feb 2022, 4:45PM Summit Securities - Quaterly Results10 Feb 2022, 2:02PM Summit Securities - Quaterly Results10 Feb 2022, 2:02PM Summit Securities - Quaterly Results10 Feb 2022, 2:02PM Summit Securities informs about issue of duplicate share certificates23 Oct 2021, 12:28PM Summit Securities informs about board meeting rescheduled6 Aug 2021, 10:15AM Summit Securities informs about annual secretarial compliance report5 Jun 2021, 1:48PM Summit Securities informs about board meeting14 May 2021, 4:41PM Summit Securities informs about loss of share certificate7 May 2021, 11:45AM Summit Securities informs about trading window closure29 Dec 2020, 5:25PM Summit Securities informs about re-appointment of independent director26 Sep 2020, 11:01AM

Summit Securities Stock Price Analysis and Quick Research Report. Is Summit 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 Summit 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 the company is Rs 8.6639 Cr and the compounded growth of profit in the past 3 years is -51.400559162167 %. The PAT margin of Summit Securities is 57.6858799794928 %.

  • 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 Summit Securities , the EPS declined by -65.9804714755979 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a poor ROE track record. The ROE of Summit Securities is at 0.504203152685319 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Summit Securities is worth at the current levels at Rs 604.1. The stock is trading at a current P/E ratio of 67.6967988725589 and the average historical P/E for the last 5 years was 50.3131371354592.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Summit Securities is trading at a P/B of 0.2847 . The average historical P/B for the last 5 years was 0.767632658903991. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Summit Securities

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