Prime Securities Ltd

Prime Securities Ltd

₹ 249 1.57%
16 May - close price
About

Incorporated in 1982, Prime Securities
Ltd is in the business of providing financial services including Non-Banking Finance Services, Insurance, and Capital Markets[1]

Key Points

Business Overview:[1][2]
PSL provides Investment Banking and Corporate Advisory services. It is authorized to advise and arrange financial services under a Category 1 Merchant Bank License. In addition, its subsidiary company Prime Research and Advisory Limited is a Corporate Insurance Agent licensed by the Insurance Regulatory and Development Authority of India

  • Market Cap 839 Cr.
  • Current Price 249
  • High / Low 359 / 162
  • Stock P/E 29.0
  • Book Value 53.2
  • Dividend Yield 0.40 %
  • ROCE 20.3 %
  • ROE 18.4 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 56.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 25.0%
  • Debtor days have improved from 141 to 99.4 days.

Cons

  • Stock is trading at 4.69 times its book value
  • Tax rate seems low
  • Company has a low return on equity of 11.2% over last 3 years.
  • Working capital days have increased from 509 days to 1,183 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
5.49 8.29 3.33 7.72 9.19 6.14 9.05 13.09 5.53 13.74 26.33 13.53 4.89
5.82 5.00 5.00 4.58 3.62 4.65 6.60 5.00 6.09 6.72 8.73 6.01 3.90
Operating Profit -0.33 3.29 -1.67 3.14 5.57 1.49 2.45 8.09 -0.56 7.02 17.60 7.52 0.99
OPM % -6.01% 39.69% -50.15% 40.67% 60.61% 24.27% 27.07% 61.80% -10.13% 51.09% 66.84% 55.58% 20.25%
0.01 0.09 0.85 0.00 1.21 0.00 0.00 0.00 0.00 3.68 0.00 0.00 0.00
Interest 0.28 0.09 0.11 0.26 0.18 0.17 0.16 0.09 0.07 0.06 0.02 0.01 0.06
Depreciation 0.14 0.19 0.24 0.24 0.33 0.18 0.22 0.21 0.21 0.22 0.24 0.22 0.27
Profit before tax -0.74 3.10 -1.17 2.64 6.27 1.14 2.07 7.79 -0.84 10.42 17.34 7.29 0.66
Tax % -12.16% 17.74% 3.42% 20.08% 31.26% 17.54% 0.48% 18.49% -13.10% 21.88% 2.77% 15.91% -69.70%
-0.65 2.55 -1.21 2.11 4.31 0.94 2.06 6.35 -0.73 8.14 16.86 6.13 1.12
EPS in Rs -0.21 0.81 -0.38 0.65 1.33 0.29 0.63 1.93 -0.22 2.43 5.03 1.82 0.33
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Sep 2013 18m Mar 2015 18m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-13 -7 9 7 9 11 50 30 34 28 34 56
32 4 3 9 6 12 45 21 18 18 22 23
Operating Profit -45 -11 6 -2 3 -0 5 9 16 10 11 33
OPM % 65% -31% 31% -4% 10% 31% 47% 37% 34% 59%
0 6 9 -5 1 -0 0 0 3 2 0 4
Interest 6 0 0 0 0 0 0 0 0 1 0 0
Depreciation 0 0 1 0 0 0 1 1 1 1 1 1
Profit before tax -52 -5 15 -7 3 -1 5 8 18 11 10 36
Tax % 0% 0% 4% 0% -6% -11% 32% 20% 20% 28% 15% 10%
-52 -5 14 -7 3 -1 3 7 14 8 9 32
EPS in Rs -19.45 -1.86 5.30 -2.61 1.31 -0.26 1.17 2.50 4.55 2.40 2.59 9.59
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 180% 49% 21% 39% 16%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: 18%
TTM: 68%
Compounded Profit Growth
10 Years: 19%
5 Years: 56%
3 Years: 34%
TTM: 236%
Stock Price CAGR
10 Years: 49%
5 Years: 55%
3 Years: 39%
1 Year: 28%
Return on Equity
10 Years: 10%
5 Years: 12%
3 Years: 11%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 13 13 13 13 13 13 13 13 16 16 17 17
Reserves 44 39 53 46 49 60 28 39 88 100 120 162
85 87 44 10 5 2 0 0 5 5 2 0
9 3 4 3 3 7 11 22 11 11 16 20
Total Liabilities 151 142 114 72 70 82 53 74 120 132 154 199
5 4 3 3 3 1 3 2 2 2 2 4
CWIP 0 0 0 0 0 0 0 0 1 0 0 0
Investments 47 50 47 9 9 19 11 21 49 61 105 172
100 88 64 60 58 63 39 50 68 68 48 23
Total Assets 151 142 114 72 70 82 53 74 120 132 154 199

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
58 -6 27 7 5 -2 14 32 -3 -8 4 31
-86 2 2 20 0 -4 -2 -21 -45 2 -4 -28
22 4 -29 -28 -5 6 -3 -0 34 -1 1 -3
Net Cash Flow -6 -0 0 -1 -0 0 9 12 -14 -7 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days -2 0 0 16 28 184 32 10 32 191 133 99
Inventory Days 0 0
Days Payable
Cash Conversion Cycle -2 0 0 16 28 184 32 10 32 191 133 99
Working Capital Days -94 260 2,249 2,820 2,111 274 125 -93 63 207 135 1,183
ROCE % -30% -5% 13% -2% 4% -1% 8% 18% 19% 8% 8% 20%

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
4.89% 4.86% 5.34% 5.85% 5.59% 8.45% 7.04% 5.88% 6.04% 5.26% 4.38% 4.59%
0.05% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 4.85% 4.85% 4.84% 4.95%
95.06% 95.09% 94.61% 94.10% 94.37% 91.50% 92.91% 94.08% 89.12% 89.89% 90.79% 90.46%
No. of Shareholders 19,33919,10618,80818,49618,92718,32017,93417,98017,53817,69519,01421,539

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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