Alacrity Securities Ltd

Alacrity Securities Ltd

₹ 91.2 4.95%
18 Jun 12:03 p.m.
About

Incorporated in 1994, Alacrity Securities Limited is a Stock Broking and a Financial Services firm.

Key Points

Business Overview:[1]
Company is a small and medium enterprise which deals in retail equity broking business and proprietary trading from its branch in Kandivali, Mumbai. It has two associate companies viz., Pooja Equiresearch Pvt. Ltd. and Odyssey Corporation Ltd; which are independent and have no financial or operational synergies with Alacrity.

  • Market Cap 220 Cr.
  • Current Price 91.2
  • High / Low 107 / 11.0
  • Stock P/E 19.2
  • Book Value 17.1
  • Dividend Yield 0.00 %
  • ROCE 53.3 %
  • ROE 46.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 37.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.1%
  • Company's working capital requirements have reduced from 23.2 days to 17.5 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
106 64 13 114 154 128 116 91 125 216
110 66 13 111 152 125 114 89 115 209
Operating Profit -4 -2 -0 3 2 2 2 3 10 7
OPM % -4% -4% -3% 3% 2% 2% 2% 3% 8% 3%
1 0 0 0 0 0 0 0 1 -1
Interest 1 1 1 1 0 1 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Profit before tax -4 -3 -1 3 2 2 2 3 10 6
Tax % 0% 0% 0% -1% 0% 24% 18% 38% 27% 36%
-4 -3 -1 3 2 2 2 2 8 4
EPS in Rs -2.01 -1.21 -0.42 1.38 1.01 0.72 0.79 0.74 3.59 1.84
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
26 2 42 45 33 76 64 171 128 283 208 341
26 1 41 45 32 75 67 176 124 278 202 324
Operating Profit 0 1 0 -0 1 0 -3 -5 3 5 6 17
OPM % 0% 48% 1% -0% 4% 1% -4% -3% 3% 2% 3% 5%
0 -0 -0 0 0 1 0 0 0 0 0 1
Interest 1 0 1 1 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -1 0 -1 -2 1 1 -4 -7 2 4 5 16
Tax % 7% 35% 6% 1% 28% -30% 1% 0% -1% 13% 29% 30%
-1 0 -1 -2 0 1 -4 -7 2 3 3 11
EPS in Rs -0.56 0.13 -0.55 -0.72 0.23 0.33 -1.89 -3.22 0.96 1.66 1.53 5.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 65%
5 Years: 40%
3 Years: 39%
TTM: 64%
Compounded Profit Growth
10 Years: 44%
5 Years: 37%
3 Years: 78%
TTM: 254%
Stock Price CAGR
10 Years: 28%
5 Years: %
3 Years: 124%
1 Year: 609%
Return on Equity
10 Years: 3%
5 Years: 13%
3 Years: 27%
Last Year: 47%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 15 21 21 21 21 21 21 21 21 21 21 21
Reserves 4 7 6 4 5 5 1 -5 -3 0 4 15
2 2 8 9 5 6 14 16 13 12 8 2
8 5 7 2 5 8 7 4 5 5 5 27
Total Liabilities 28 36 42 37 36 41 44 36 36 38 38 65
2 1 1 1 1 1 1 1 1 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 4 4 4 7 6 4 5 5 5 5 7 17
23 31 36 29 28 36 38 30 30 32 29 48
Total Assets 28 36 42 37 36 41 44 36 36 38 38 65

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 -9 1 7 -4 -0 3 1 -3 -0 1 0
-1 1 0 -2 1 3 -0 1 -0 1 -1 -9
-3 9 -1 -1 -0 -1 -1 -1 -1 -1 -1 8
Net Cash Flow -1 0 0 4 -3 2 1 -0 -5 -1 -1 -0

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 75 1,271 25 7 24 27 7 1 1 0 0
Inventory Days 4 1,384 76 64 97 51 82 19 39 16 24
Days Payable 61 5,049 48 6 33 34 30 6 9 3 3
Cash Conversion Cycle 18 -2,394 53 65 89 43 59 15 32 13 21
Working Capital Days 93 2,456 168 97 139 67 92 23 43 23 29
ROCE % -0% 3% -0% -1% 4% 2% -9% -16% 11% 16% 17%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2019Dec 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024
51.88% 51.92% 52.10% 52.10% 56.51% 60.87% 65.46% 65.46% 65.46% 65.46% 65.73% 65.73%
48.12% 48.08% 47.90% 47.90% 43.49% 39.13% 34.54% 34.54% 34.53% 34.53% 34.28% 34.27%
No. of Shareholders 243244238239237231229236231233245289

Documents