Amarnath Securities Ltd
₹ 13.2
-1.49%
12 Mar
1:45 p.m.
About
Incorporated in 1994, Amarnath Securities
Ltd is in the business of Merchant Banking[1]
Key Points
- Market Cap ₹ 3.96 Cr.
- Current Price ₹ 13.2
- High / Low ₹ 17.9 / 10.1
- Stock P/E 22.0
- Book Value ₹ 15.2
- Dividend Yield 0.00 %
- ROCE 5.77 %
- ROE 4.33 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.78 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.
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
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 | |
| 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 | 0.03 |
| 0.14 | 0.16 | 0.21 | 0.15 | 0.13 | 0.18 | 0.25 | 0.35 | 0.15 | 0.15 | 0.12 | 0.10 | 0.12 | |
| Financing Profit | 0.08 | 0.10 | 0.16 | 0.19 | 0.41 | 0.22 | 0.18 | 0.01 | 0.09 | 0.20 | 0.26 | 0.27 | 0.24 |
| Financing Margin % | 36.36% | 38.46% | 43.24% | 55.88% | 75.93% | 55.00% | 41.86% | 2.78% | 37.50% | 52.63% | 63.41% | 69.23% | 61.54% |
| 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 | |
| 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 | 0.24 |
| 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 | 0.18 | |
| 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 | 0.59 |
| 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: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 10% |
| 3 Years: | 47% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -6% |
| 3 Years: | -22% |
| 1 Year: | 1% |
| 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 | Sep 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 | 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 | 1.56 |
| Borrowing | 0.00 | 0.00 | 0.00 | 0.03 | 0.06 | 0.00 | 0.00 | 0.34 | 0.00 | 0.89 | 0.60 | 0.69 | 0.78 |
| 0.03 | 0.03 | 0.02 | 0.05 | 0.12 | 0.16 | 0.11 | 0.09 | 0.58 | 0.19 | 0.19 | 0.24 | 0.28 | |
| 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 | 5.62 |
| 0.02 | 0.09 | 0.05 | 0.03 | 0.02 | 0.05 | 0.03 | 0.02 | 0.01 | 0.00 | 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 | 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 | 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 | 5.61 | |
| 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 | 5.62 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1.64% | 1.93% | 2.83% | 3.66% | 8.31% | 4.04% | 3.12% | 0.00% | 1.52% | 3.47% | 4.53% | 4.33% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Benefit Expenses INR |
|
||||||||||
| Promoter Holding Percentage % |
|||||||||||
| Total Loan Portfolio (Non-Current) INR |
|||||||||||
| Total Number of Shareholders Count |
|||||||||||
Requires Premium
Requires Premium
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Board Meeting For Issue Of Preference Shares
19h - Board approved conversion of ₹47.43 lakh promoter loan into up to 3,16,200 equity shares; postal ballot, auditor and director changes.
-
Board Meeting Intimation for Preference Issue And Other Matters
6 Mar - Board meeting March 11, 2026 to propose preferential equity issue, postal ballot, auditor appointment, and director designation changes.
-
Cancellation of Board Meeting
5 Mar - Board meeting scheduled March 5, 2026 cancelled; will be rescheduled, fresh intimation to follow.
-
Board Meeting Intimation for Preferential Issue Of Shares
25 Feb - Board meeting on 05-Mar-2026 to propose preferential equity issue, postal ballot, auditor and director changes.
-
Integrated Filing For Quarter Ended 31St December 2025
13 Feb - Board approved unaudited quarter and half-year results for Dec 31, 2025; auditor issued qualified review; revenue Rs9.59L noted.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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.