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Palash Securities share price

Palash Securities Ltd.

NSE: PALASHSECU BSE: 540648 SECTOR: Finance - Investment  16k   29   1

174.51
-2.06 (-1.17%)
NSE: 20 Dec 04:02 PM

Price Summary

Today's High

₹ 194.7

Today's Low

₹ 173.08

52 Week High

₹ 198.7

52 Week Low

₹ 101.9

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.
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

174.56 Cr.

Advances

0 Cr.

No. of Shares

1 Cr.

P/E

44.26

P/B

4.84

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  36.09

Operating Revenue

0.23 Cr.

Net Profit

0.16 Cr.

Promoter Holding

72.18 %

EPS (TTM)

₹  3.94

Sales Growth

-95.19

ROE

0.53 %

ROCE

0.76%

Profit Growth

-96.16 %

* 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

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 Year-95.19%
3 Year-57.22%
5 Year28.28%

Profit Growth

1 Year-96.16%
3 Year-61.55%
5 Year34.08%

ROE%

1 Year0.53%
3 Year7.69%
5 Year7.22%

ROCE %

1 Year0.76%
3 Year7.8%
5 Year7.27%

ROA%

0.5002

PEG Ratio

NA

PAT Margin (%)

70.1845

EPS Growth(%)

NA

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 72.18 0.00
Jun 2024 72.18 0.00
Mar 2024 72.11 0.00
Dec 2023 71.85 0.00
Sep 2023 71.85 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Promoters shareholding is 72.18%.

 Limitations

  • PAT margin has shrunk by 17.8277%.
  • The company has delivered poor profit growth of -57.2245127307422% over past 3 years
  • The company has delivered poor Operating Income growth of -57.2245127307422% over past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 0.08 0.04 0.04 0.05 5.08
Other Income 0.09 0.09 0.09 0.09 0.09
Interest Expended 0.01 0 0 0 0
Operating Expenses 0.09 0.03 0.07 0.11 0.09
Total Provisions 0 0 0 0 0
Depreciation 0.01 0.01 0 0 0
Profit Before Tax 0.06 0.09 0.06 0.02 5.08
Tax 0.01 0.02 0.01 0 1.28
Net Profit 0.05 0.07 0.04 0.02 3.81
Adjusted EPS (RS) 0.05 0.07 0.04 0.02 3.8

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 0.07 2.98 0.82 4.84 0.23
Other Income 0.37 0.35 1.62 0.38 0.35
Interest 0.2 0.13 0.11 0.11 0.04
Operating Expenses 0.33 0.33 0.47 0.44 0.35
Total Provisions 0.01 0 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.1 2.88 1.87 4.68 0.21
Tax 0 0 0.01 0.41 0.04
Profit After Tax -0.1 2.88 1.86 4.26 0.16
Adjusted EPS (Rs.) -0.1 2.88 1.86 4.26 0.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 10 10 10 10 10
Total Reserves 9.45 13.04 16.46 20.3 21.14
Borrowings 2.3 2.4 2.49 2.59 0
Other N/C liabilities 0 0 0 0.35 0.48
Current liabilities 0.95 0.3 0.24 0.45 0.09
Total Liabilities 22.71 25.74 29.2 33.69 31.72
Assets
Loans 0 0 0 0 0
Net Block 0.42 0.39 0 0 0
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 22.11 22.82 27.87 27.79 28.6
Other Loans 0 0 0 0 0
Other N/C Assets 0 0 0.37 0.35 0.33
Current Assets 0.18 2.53 0.96 5.55 2.79
Total Assets 22.71 25.74 29.2 33.69 31.72
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 71.85 71.85 72.11 72.18 72.18
chandra shekhar nopany 0.28 0.28 0.28 0.28 0.28
chandra shekhar nopany - ... - - 2.47 2.54 2.54
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 - ... 2.21 2.21 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 28.15 28.15 27.89 27.82 27.82
ashish bharatkumar shah 3.28 3.28 2.78 2.78 2.78
llp 0.03 0.03 0.03 0.03 0.03
raviraj developers limite... 3.05 3.05 3.05 2.98 3.01
yantra esolarindia privat... - - - - 2.07
kinnari vaibhav shah 2.04 2.04 2.04 2.04 -

Ratings & Research Reports

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Company Presentations

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Company News

Palash Securities - Quaterly Results 14 Aug, 4:54 PM Palash Securities - Quaterly Results 14 Aug, 4:54 PM Palash Securities - Quaterly Results 15 May, 12:00 PM Palash Securities - Quaterly Results 15 May, 12:00 PM Palash Securities informs about certificate 8 Apr, 1:02 PM Palash Securities informs about closure of trading window 27 Mar, 12:44 PM Palash Securities - Quaterly Results 14 Feb, 5:55 PM Palash Securities - Quaterly Results 14 Feb, 5:55 PM Palash Securities informs about compliances-certificate 6 Jan, 3:45 PM Palash Securities informs about issue of duplicate share certificates 6 Jan, 12:49 PM Palash Securities informs about certificate 6 Jan, 11:46 AM Palash Securities informs about press release 16 Aug, 2:51 PM Palash Securities - Quaterly Results 14 Aug, 4:07 PM Palash Securities informs about board meeting 4 Aug, 5:09 PM Palash Securities informs about newspaper publication 20 Jul, 4:51 PM Palash Securities informs about RTA certificate 13 Jul, 2:52 PM Palash Securities informs about press release 10 Jul, 3:16 PM Palash Securities - Quaterly Results 11 May, 7:55 PM Palash Securities - Quaterly Results 11 May, 7:55 PM Palash Securities informs about compliance certificate 12 Apr, 3:58 PM Palash Securities informs about trading window closure 29 Mar, 4:30 PM Palash Securities informs about disclosure 24 Feb, 3:13 PM Palash Securities - Quaterly Results 13 Feb, 4:55 PM Palash Securities - Quaterly Results 13 Feb, 4:55 PM Palash Securities informs about loss of share certificate 18 Jan, 4:20 PM Palash Securities informs about certificate 16 Jan, 5:32 PM Palash Securities - Quaterly Results 10 Nov, 6:56 PM Palash Securities informs about outcome of AGM 19 Jul, 4:56 PM Palash Securities informs about newspaper advertisement 25 Jun, 4:06 PM Palash Securities informs about related party transactions 27 May, 4:28 PM Palash Securities - Quaterly Results 12 May, 6:13 PM Palash Securities - Quaterly Results 12 May, 6:13 PM Palash Securities informs about closure of trading window 30 Sep, 5:10 PM Palash Securities informs about AGM proceedings 25 Aug, 5:01 PM Palash Securities informs about annual report 2 Aug, 1:00 PM Palash Securities informs about AGM 2 Aug, 12:58 PM Palash Securities informs about disclosure on related party transactions 10 Jun, 12:17 PM Palash Securities informs about annual secretarial compliance report 25 May, 12:02 PM Palash Securities informs about disclosure 25 Feb, 10:11 AM

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.

Palash Securities stock price today is Rs 174.51. 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 0.1636 Cr and the compounded growth of profit in the past 3 years is -61.5459665402138 %. The PAT margin of Palash Securities is 70.1845 %.

  • 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 declined by -96.1639 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Palash Securities has a poor ROE track record. The ROE of Palash Securities is at 0.5325 % 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 174.51. Palash Securities is trading at a current P/E ratio of 729.6636 and the average historical P/E for the last 5 years was 165.165039788617.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Palash Securities is trading at a P/B of 4.849 . The average historical P/B for the last 5 years was 2.8019298197935. 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 174.51. 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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