SKP Securities Ltd

SKP Securities Ltd

₹ 125 -1.17%
29 Apr - close price
About

Incorporated in 1990, SKP Securities Ltd is in the business of Broking & Dealing in Securities and related services

Key Points

Registrations:[1]
Company is registered with Securities and Exchange Board of India as Research Analysts, Merchant Banker and Portfolio Manager. It is also registered with Association of Mutual Fund of India

  • Market Cap 85.1 Cr.
  • Current Price 125
  • High / Low 134 / 56.3
  • Stock P/E
  • Book Value 31.7
  • Dividend Yield 0.80 %
  • ROCE 0.55 %
  • ROE -1.30 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.94 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.53% over past five years.
  • Company has a low return on equity of 8.13% over last 3 years.
  • Debtor days have increased from 88.8 to 132 days.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
3.95 4.08 3.14 3.70 5.79 3.25 3.11 2.21 3.06 2.36 2.67 3.19 3.26
2.26 2.66 2.82 2.22 2.61 2.10 2.19 1.98 2.75 2.34 2.50 3.04 3.26
Operating Profit 1.69 1.42 0.32 1.48 3.18 1.15 0.92 0.23 0.31 0.02 0.17 0.15 0.00
OPM % 42.78% 34.80% 10.19% 40.00% 54.92% 35.38% 29.58% 10.41% 10.13% 0.85% 6.37% 4.70% 0.00%
0.12 0.39 0.45 0.41 -0.40 0.02 0.11 0.26 0.04 0.29 0.02 0.00 0.08
Interest 0.06 0.06 0.06 0.06 0.10 0.07 0.08 0.06 0.10 0.03 0.04 0.01 0.07
Depreciation 0.07 0.05 0.05 0.06 0.06 0.06 0.09 0.07 0.07 0.07 0.06 0.07 0.40
Profit before tax 1.68 1.70 0.66 1.77 2.62 1.04 0.86 0.36 0.18 0.21 0.09 0.07 -0.39
Tax % 5.36% 22.35% 56.06% 6.78% 29.77% 25.00% 23.26% 38.89% 5.56% 33.33% -100.00% 28.57% -79.49%
1.59 1.32 0.29 1.65 1.84 0.79 0.66 0.22 0.18 0.14 0.17 0.05 -0.69
EPS in Rs 1.42 1.18 0.33 1.88 2.07 0.90 0.75 0.25 0.20 0.16 0.19 0.07 -1.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
10.03 15.03 15.03 28.38 11.75 9.58 11.43 10.67 10.99 17.56 12.00 11.13
9.30 10.94 12.69 15.62 10.07 8.56 8.33 8.79 8.21 10.31 9.03 10.45
Operating Profit 0.73 4.09 2.34 12.76 1.68 1.02 3.10 1.88 2.78 7.25 2.97 0.68
OPM % 7.28% 27.21% 15.57% 44.96% 14.30% 10.65% 27.12% 17.62% 25.30% 41.29% 24.75% 6.11%
0.08 -0.12 0.04 -0.68 -0.09 -0.33 -0.13 0.00 1.87 0.00 0.07 0.06
Interest 0.17 0.31 0.26 0.14 0.04 0.04 0.02 0.03 0.23 0.27 0.31 0.16
Depreciation 0.54 0.64 0.55 0.55 0.35 0.19 0.35 0.17 0.25 0.23 0.28 0.60
Profit before tax 0.10 3.02 1.57 11.39 1.20 0.46 2.60 1.68 4.17 6.75 2.45 -0.02
Tax % -20.00% 33.44% 32.48% 30.55% 16.67% 78.26% 33.85% 33.93% 14.39% 24.44% 24.49% -1,550.00%
0.12 2.01 1.06 7.91 1.01 0.11 1.73 1.11 3.56 5.10 1.84 -0.33
EPS in Rs 0.11 1.79 0.95 7.06 0.90 0.10 1.54 0.99 3.18 5.80 2.09 -0.49
Dividend Payout % 0.00% 27.96% 53.02% 21.31% 55.64% 0.00% 32.49% 50.63% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -3%
5 Years: -1%
3 Years: 0%
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -118%
Stock Price CAGR
10 Years: 29%
5 Years: 31%
3 Years: 84%
1 Year: 73%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 8%
Last Year: -1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity Capital 6.62 5.62 5.62 5.62 5.62 5.62 5.62 5.62 5.62 4.40 4.40 3.40
Reserves 8.97 10.31 10.72 16.67 17.03 17.14 18.20 18.63 22.76 22.86 24.68 18.15
0.68 2.62 2.19 0.45 0.38 0.17 0.03 0.35 0.91 2.56 0.41 0.22
8.09 6.76 7.93 9.00 5.19 6.61 7.50 5.99 7.25 6.91 3.72 7.55
Total Liabilities 24.36 25.31 26.46 31.74 28.22 29.54 31.35 30.59 36.54 36.73 33.21 29.32
3.05 2.85 2.82 2.07 1.69 1.13 0.65 0.90 3.87 4.34 4.09 4.40
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.74 0.00 0.00 6.23 0.00 1.00 11.16 11.48 15.79 18.57 17.31 4.94
20.57 22.46 23.64 23.44 26.53 27.41 19.54 18.21 16.88 13.82 11.81 19.98
Total Assets 24.36 25.31 26.46 31.74 28.22 29.54 31.35 30.59 36.54 36.73 33.21 29.32

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
1.46 2.00 5.01 1.13 12.63 0.36 2.47 0.77 3.23 6.76 0.45 -4.23
-1.09 -0.19 -0.59 -0.49 -0.12 -0.03 -10.14 -0.75 -4.92 -2.37 2.71 11.29
-1.29 1.93 -1.24 -3.94 -0.77 -0.91 -0.16 -1.14 0.44 -5.90 -2.46 -7.51
Net Cash Flow -0.92 3.74 3.18 -3.30 11.74 -0.58 -7.83 -1.12 -1.26 -1.52 0.71 -0.46

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 79.33 15.06 21.37 23.92 30.75 189.74 165.42 184.04 201.26 70.26 63.57 132.49
Inventory Days
Days Payable
Cash Conversion Cycle 79.33 15.06 21.37 23.92 30.75 189.74 165.42 184.04 201.26 70.26 63.57 132.49
Working Capital Days 93.52 54.40 -145.22 -86.43 -118.97 -39.24 -54.29 -10.26 -26.24 -85.85 145.70 25.91
ROCE % 19.99% 10.19% 59.22% 6.12% 3.96% 11.76% 7.06% 16.40% 23.75% 9.31% 0.55%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.99% 74.99% 74.99% 74.99% 74.99% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
25.01% 25.01% 25.01% 25.01% 25.01% 25.01% 25.02% 25.03% 25.02% 25.01% 25.02% 25.03%
No. of Shareholders 1,0711,1101,0971,1201,9031,4931,3581,3871,4181,5371,4821,800

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