Amarnath Securities Ltd

Amarnath Securities Ltd

₹ 60.0 2.74%
28 May - close price
About

Incorporated in 1994, Amarnath Securities Ltd is engaged in Non-Banking Financial Activities

Key Points

Change in Business Activity:[1]
Company is finding it difficult to carry on NBFC business and intends to change its business activity from NBFC to Food Industry
or other Non NBFC Business. Hence it proposed to amend Main object Clause of Memorandum of Association by way of Special Resolution

  • Market Cap 18.0 Cr.
  • Current Price 60.0
  • High / Low 63.0 / 27.1
  • Stock P/E 106
  • Book Value 14.1
  • Dividend Yield 0.00 %
  • ROCE 5.67 %
  • ROE 4.93 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.26 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -6.79% over past five years.
  • Company has a low return on equity of 2.18% 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.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.10 0.06 0.02 0.08 0.08 0.06 0.02 0.15 0.10 0.10 0.10 0.10 0.11
0.04 0.06 0.02 0.06 0.03 0.04 0.02 0.02 0.02 0.05 0.06 0.02 0.02
Operating Profit 0.06 0.00 0.00 0.02 0.05 0.02 0.00 0.13 0.08 0.05 0.04 0.08 0.09
OPM % 60.00% 0.00% 0.00% 25.00% 62.50% 33.33% 0.00% 86.67% 80.00% 50.00% 40.00% 80.00% 81.82%
0.00 0.00 0.00 0.00 0.00 0.00 -0.02 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 0.01 0.01 0.01 0.01 0.01 0.00
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 0.06 0.00 0.00 0.02 0.05 0.02 -0.02 0.12 0.07 0.04 0.03 0.07 0.09
Tax % 16.67% 0.00% 20.00% 50.00% -50.00% 0.00% 0.00% 0.00% 33.33% 28.57% 33.33%
0.05 0.00 0.00 0.01 0.04 0.02 -0.03 0.12 0.07 0.04 0.02 0.05 0.06
EPS in Rs 0.17 0.00 0.00 0.03 0.13 0.07 -0.10 0.40 0.23 0.13 0.07 0.17 0.20
Raw PDF
Upcoming result date: tomorrow

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.06 0.02 0.22 0.26 0.37 0.34 0.54 0.40 0.43 0.36 0.24 0.38 0.41
0.00 0.00 0.14 0.16 0.21 0.15 0.13 0.18 0.25 0.35 0.15 0.15 0.15
Operating Profit 0.06 0.02 0.08 0.10 0.16 0.19 0.41 0.22 0.18 0.01 0.09 0.23 0.26
OPM % 100.00% 100.00% 36.36% 38.46% 43.24% 55.88% 75.93% 55.00% 41.86% 2.78% 37.50% 60.53% 63.41%
0.01 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 0.00 0.00 0.03 0.03
Depreciation 0.00 0.00 0.00 0.03 0.03 0.01 0.01 0.01 0.02 0.01 0.01 0.00 0.00
Profit before tax 0.07 0.02 0.08 0.07 0.13 0.18 0.40 0.21 0.16 0.00 0.08 0.20 0.23
Tax % 14.29% 0.00% 25.00% 14.29% 30.77% 33.33% 27.50% 28.57% 31.25% 25.00% 5.00%
0.06 0.01 0.05 0.06 0.09 0.12 0.29 0.15 0.12 0.00 0.06 0.20 0.17
EPS in Rs 0.20 0.03 0.17 0.20 0.30 0.40 0.97 0.50 0.40 0.00 0.20 0.67 0.57
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: 34%
5 Years: -7%
3 Years: -4%
TTM: 24%
Compounded Profit Growth
10 Years: 35%
5 Years: -7%
3 Years: 19%
TTM: -11%
Stock Price CAGR
10 Years: %
5 Years: 10%
3 Years: 65%
1 Year: 107%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 2%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
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 0.02 0.03 0.08 0.13 0.22 0.34 0.64 0.79 0.90 0.91 0.96 1.16 1.23
0.00 0.00 0.00 0.00 0.00 0.03 0.06 0.00 0.00 0.34 0.00 0.00 0.57
0.02 0.01 0.03 0.03 0.02 0.05 0.12 0.16 0.11 0.09 0.58 1.02 0.14
Total Liabilities 3.04 3.04 3.11 3.16 3.24 3.42 3.82 3.95 4.01 4.34 4.54 5.18 4.94
0.02 0.01 0.02 0.09 0.05 0.03 0.02 0.05 0.03 0.02 0.01 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 3.00 3.00 0.26 0.00 0.20 0.25 0.04 0.04 0.04 0.04 0.04 4.54 4.25
0.02 0.03 2.83 3.07 2.99 3.14 3.76 3.86 3.94 4.28 4.49 0.64 0.69
Total Assets 3.04 3.04 3.11 3.16 3.24 3.42 3.82 3.95 4.01 4.34 4.54 5.18 4.94

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-2.93 0.00 0.08 -0.15 0.18 -0.07 0.36 0.21 0.08 -0.01 0.11 4.08
2.84 0.00 -0.01 0.16 -0.18 -0.05 -0.33 -0.18 -0.13 -0.29 -0.24 -4.50
0.00 0.00 0.00 0.00 0.00 0.03 0.03 -0.06 0.00 0.34 0.11 0.45
Net Cash Flow -0.09 0.00 0.07 0.01 0.01 -0.09 0.07 -0.03 -0.05 0.03 -0.03 0.03

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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 -121.67 0.00 265.45 56.15 9.86 -53.68 -74.35 -155.12 -93.37 -111.53 -882.08 -979.74
ROCE % 2.34% 0.66% 2.62% 2.25% 4.09% 5.46% 11.32% 5.61% 4.16% 0.00% 1.95% 5.67%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
48.72% 48.72% 48.72% 53.15% 55.68% 55.68% 55.68% 55.68% 55.68% 55.68% 55.68% 55.68%
51.28% 51.28% 51.28% 46.85% 44.32% 44.33% 44.33% 44.33% 44.34% 44.32% 44.32% 44.32%
No. of Shareholders 285299312310327323318326332432463499

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