Summit Securities

Summit Securities Ltd.

NSE: SUMMITSEC BSE: 533306 SECTOR: Finance - NBFC  11k   27   6

689.15
-6.85 (-0.98%)
NSE: 09 Jun 03:40 PM

Price Summary

Today's High

₹ 706.35

Today's Low

₹ 687.1

52 Week High

₹ 749

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.
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

₹ 751.3 Cr.

Advances

₹ 0 Cr.

No. of Shares

1.09 Cr.

P/E

38.67

P/B

0.31

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  2196.13

Operating Revenue

₹ 29.63 Cr.

Net Profit

₹ 19.83 Cr.

Promoter Holding

74.65 %

EPS (TTM)

₹  17.82

Sales Growth

97.28

ROE

0.87 %

ROCE

1.21%

Profit Growth

128.93 %

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.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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 Year97.28%
3 Year27.55%
5 Year61.1%

Profit Growth

1 Year128.93%
3 Year18.58%
5 Year28.71%

ROE%

1 Year0.87%
3 Year1.02%
5 Year3.93%

ROCE %

1 Year1.21%
3 Year1.2%
5 Year4.41%

ROA%

0.788391494412349

PEG Ratio

0.3

PAT Margin (%)

66.939247999514

EPS Growth(%)

128.930376020037

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 74.65 0
Dec 2022 74.65 0
Sep 2022 74.65 0
Jun 2022 74.65 0
Mar 2022 74.65 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 9.25336802002119%.
  • The company is trading at 0.275848790480384 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 27.5523604941249%.
  • The company has delivered substantial profit growth of 0% over past 3 years.
  • Promoters shareholding is 74.65%.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of 1.0241996774627%.
  • The company a poor ROCE track record of 1.20103657774954% since last 3 years.
  • Provision and contingencies have increased by 498.469846984699%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Operating Revenue 3.98 11.83 12.13 1.7 4.14
Other Income 0.02 0 0 0 0
Interest Expended 0 0 0 0 0
Operating Expenses 1.39 3.91 0.75 0.52 0.98
Total Provisions 0 0 0 0 0
Depreciation 0.01 0 0 0.01 0.01
Profit Before Tax 2.6 7.92 11.39 1.18 3.16
Tax 0.65 2.19 3.39 -1.82 0.45
Net Profit 1.95 5.73 8 3 2.71

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Operating Income 86.07 14.28 31.07 15.02 29.63
Other Income 0 0.01 0 0.06 0.86
Interest 0 0 0 0.06 0
Operating Expenses 1.41 1.81 2.22 2.04 2.31
Total Provisions 0.17 0.47 4.42 0.07 0.36
Exceptional Items 0 0 0 0 0
Profit Before Tax 84.49 12.01 24.43 12.91 27.82
Tax 9.01 0.11 -1.03 4.25 7.99
Profit After Tax 75.48 11.89 25.47 8.66 19.83
Adjusted EPS (Rs.) 69.24 10.91 23.36 7.95 18.19

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 10.9 10.9 10.9 10.9 10.9
Total Reserves 512.53 1789.59 1180.54 2234.33 2324.59
Borrowings 0 0 0 0 0
Other N/C liabilities 0.2 160.66 76.22 216.08 228.45
Current liabilities 3.54 3.69 3.51 3.5 2.83
Total Liabilities 527.18 1964.85 1271.17 2464.82 2566.77
Assets
Loans 0 0 0 0 0
Net Block 0.02 0.01 0.05 0.05 0.03
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 519.28 1961.37 1260.3 2461.3 2553.53
Other Loans 0 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 7.88 3.47 10.82 3.47 13.21
Total Assets 527.18 1964.85 1271.17 2464.82 2566.77
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
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
harshvardhan goen... - - - - -
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... - - - - -
jubilee investment... - - - - -
anant vardhan goen... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
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 -
mohua chinapa - - - - -
mohua chinappa - - - - -
vls finance limited 1.58 - - - 1.58
seetha kumari - - - - -
smifs capital mark... 1.44 - - - 1.44
smifs capital mark... - 1.44 1.44 1.44 -
smifs capital mark... - - - - -
reliance financial... 1.22 - 1.22 1.22 1.22
seetha kumari - - - - -
llp 0.05 - 0.04 0.04 0.04
limited liablity p... - 0.04 - - -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Summit Securities - Quaterly Results23 May 2023, 2:45PM Summit Securities - Quaterly Results23 May 2023, 2:45PM Summit Securities - Quaterly Results23 May 2023, 2:45PM Summit Securities informs about loss of share certificate20 Mar 2023, 5:16PM Summit Securities informs about loss of share certificate6 Feb 2023, 5:05PM Summit Securities - Quaterly Results1 Feb 2023, 5:18PM Summit Securities - Quaterly Results1 Feb 2023, 5:18PM Summit Securities informs about board meeting intimation24 Jan 2023, 2:52PM Summit Securities informs about issuance of duplicate share certificate5 Dec 2022, 4:02PM Summit Securities - Quaterly Results8 Nov 2022, 1:43PM Summit Securities - Quaterly Results8 Nov 2022, 1:43PM Summit Securities - Quaterly Results8 Nov 2022, 1:43PM Summit Securities informs about details of loss of certificate16 Sep 2022, 3:13PM Summit Securities informs about newspaper advertisement26 Aug 2022, 5:00PM 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 19.8343 Cr and the compounded growth of profit in the past 3 years is 18.5841031506698 %. The PAT margin of Summit Securities is 66.939247999514 %.

  • 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 grew by 128.930944231931 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a poor ROE track record. The ROE of Summit Securities is at 0.865990537120389 % 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 689.15. The stock is trading at a current P/E ratio of 32.4812021809867 and the average historical P/E for the last 5 years was 35.4677602529496.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Summit Securities is trading at a P/B of 0.3156 . The average historical P/B for the last 5 years was 0.555291081331818. 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

X