Amarnath Securities Ltd

Amarnath Securities Ltd

₹ 16.5 -0.48%
09 Oct 10:51 a.m.
About

Incorporated in 1994, Amarnath Securities
Ltd is in the business of Merchant Banking[1]

Key Points

Business Overview:[1]
ASL is registered as a Non-Systematically Important Non-Deposit Taking Non-Banking Financial Company. Its primary objective
is to engage in the business of a Merchant
Banking in all its aspects, including but not
not limited to:
a) Acting as Managers of issues and
offers, whether by way of a public offer
or otherwise of Shares, Stocks, Debentures, Bonds, Units, Participation certificates, Deposits, Certificates, Notes, Bills, Warrants, Securities, etc.
b) Operating as agents or dealers in Securities as part of Merchant Banking activities, and acting as a share and stockbroker
c) Providing services as Financial consultants, Joint managers, Lead managers, Co-managers, Advisors, Counsellors in investment and capital markets
d) Engaging in Underwriting and sub-underwriting, Stand-by or procurement arrangements, Issuing guarantees or other commitments for subscribing or procuring subscription for Securities
e) Subscribing, investing, acquiring,
purchasing, holding, selling, or other
wise dealing in Securities for self,
and on behalf of others
f) Carrying on the business of portfolio management.

  • Market Cap 4.96 Cr.
  • Current Price 16.5
  • High / Low 34.8 / 10.2
  • Stock P/E 26.0
  • Book Value 14.9
  • Dividend Yield 0.00 %
  • ROCE 5.77 %
  • ROE 4.33 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.11 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.12% over last 3 years.

* 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

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
0.02 0.15 0.10 0.10 0.10 0.10 0.11 0.10 0.10 0.10 0.10 0.10 0.09
0.02 0.02 0.02 0.05 0.06 0.02 0.02 0.02 0.02 0.02 0.03 0.01 0.02
Operating Profit 0.00 0.13 0.08 0.05 0.04 0.08 0.09 0.08 0.08 0.08 0.07 0.09 0.07
OPM % 0.00% 86.67% 80.00% 50.00% 40.00% 80.00% 81.82% 80.00% 80.00% 80.00% 70.00% 90.00% 77.78%
-0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.01 0.01
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.02 0.12 0.07 0.04 0.03 0.07 0.09 0.08 0.07 0.07 0.06 0.08 0.06
Tax % 50.00% 0.00% 0.00% 0.00% 33.33% 28.57% 33.33% 25.00% 28.57% 28.57% 33.33% 25.00% 33.33%
-0.03 0.12 0.07 0.04 0.02 0.05 0.06 0.06 0.05 0.05 0.04 0.06 0.04
EPS in Rs -0.10 0.40 0.23 0.13 0.07 0.17 0.20 0.20 0.17 0.17 0.13 0.20 0.13
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
0.22 0.26 0.37 0.34 0.54 0.40 0.43 0.36 0.24 0.38 0.41 0.39 0.39
0.14 0.16 0.21 0.15 0.13 0.18 0.25 0.35 0.15 0.15 0.12 0.10 0.08
Operating Profit 0.08 0.10 0.16 0.19 0.41 0.22 0.18 0.01 0.09 0.23 0.29 0.29 0.31
OPM % 36.36% 38.46% 43.24% 55.88% 75.93% 55.00% 41.86% 2.78% 37.50% 60.53% 70.73% 74.36% 79.49%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.03 0.02 0.04
Depreciation 0.00 0.03 0.03 0.01 0.01 0.01 0.02 0.01 0.01 0.00 0.00 0.00 0.00
Profit before tax 0.08 0.07 0.13 0.18 0.40 0.21 0.16 0.00 0.08 0.20 0.26 0.27 0.27
Tax % 25.00% 14.29% 30.77% 33.33% 27.50% 28.57% 31.25% 25.00% 35.00% 26.92% 29.63%
0.05 0.06 0.09 0.12 0.29 0.15 0.12 0.00 0.06 0.13 0.19 0.19 0.19
EPS in Rs 0.17 0.20 0.30 0.40 0.97 0.50 0.40 0.00 0.20 0.43 0.63 0.63 0.63
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 4%
5 Years: -2%
3 Years: 18%
TTM: -5%
Compounded Profit Growth
10 Years: 12%
5 Years: 10%
3 Years: 47%
TTM: -14%
Stock Price CAGR
10 Years: -2%
5 Years: -1%
3 Years: -1%
1 Year: -52%
Return on Equity
10 Years: 4%
5 Years: 3%
3 Years: 4%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Reserves 0.08 0.13 0.22 0.34 0.64 0.79 0.90 0.91 0.96 1.10 1.29 1.48
0.00 0.00 0.00 0.03 0.06 0.00 0.00 0.34 0.00 0.89 0.60 0.69
0.03 0.03 0.02 0.05 0.12 0.16 0.11 0.09 0.58 0.19 0.19 0.24
Total Liabilities 3.11 3.16 3.24 3.42 3.82 3.95 4.01 4.34 4.54 5.18 5.08 5.41
0.02 0.09 0.05 0.03 0.02 0.05 0.03 0.02 0.01 0.00 0.00 0.00
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 0.26 0.00 0.20 0.25 0.04 0.04 0.04 0.04 0.04 4.54 0.01 0.01
2.83 3.07 2.99 3.14 3.76 3.86 3.94 4.28 4.49 0.64 5.07 5.40
Total Assets 3.11 3.16 3.24 3.42 3.82 3.95 4.01 4.34 4.54 5.18 5.08 5.41

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.08 -0.15 0.18 -0.07 0.36 0.21 0.08 -0.01 0.11 4.08 0.19 0.26
-0.01 0.16 -0.18 -0.05 -0.33 -0.18 -0.13 -0.29 -0.24 -4.50 0.11 -0.39
0.00 0.00 0.00 0.03 0.03 -0.06 0.00 0.34 0.11 0.45 -0.30 0.09
Net Cash Flow 0.07 0.01 0.01 -0.09 0.07 -0.03 -0.05 0.03 -0.03 0.03 0.01 -0.04

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 265.45 56.15 9.86 -53.68 -74.35 -155.12 -93.37 -111.53 -882.08 -192.11 -169.15 -233.97
ROCE % 2.62% 2.25% 4.09% 5.46% 11.32% 5.61% 4.16% 0.00% 1.95% 5.14% 5.87% 5.77%

Shareholding Pattern

Numbers in percentages

17 Recently
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
55.68% 55.68% 55.68% 55.68% 55.68% 55.68% 55.68% 55.68% 55.68% 6.57% 3.17% 0.00%
44.33% 44.33% 44.33% 44.34% 44.32% 44.32% 44.32% 44.31% 44.32% 93.44% 96.83% 99.99%
No. of Shareholders 3233183263324324634995175891,1371,4311,521

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