Gajanan Securities Services Ltd

Gajanan Securities Services Ltd

₹ 56.0 -3.20%
06 May 10:41 a.m.
About

Incorporated in 1994, Gajanan Securities Services Ltd trades in shares, securities and derivatives[1]

Key Points

Business Overview:[1]
a) Investing money in Mutual Funds
b) Providing loans
c) Providing guarantees/ security

  • Market Cap 17.4 Cr.
  • Current Price 56.0
  • High / Low 65.7 / 30.4
  • Stock P/E 1,736
  • Book Value 8.83
  • Dividend Yield 0.00 %
  • ROCE -4.40 %
  • ROE -4.77 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 6.54 times its book value
  • Company has a low return on equity of 2.75% over last 3 years.
  • Working capital days have increased from 157 days to 365 days

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
0.19 0.07 0.16 0.14 0.04 -0.02 -0.14 0.18 0.01 -0.05 0.12 0.07 0.02
0.01 0.02 0.04 0.02 0.01 0.01 0.05 0.04 0.01 0.03 0.01 0.05 0.01
Operating Profit 0.18 0.05 0.12 0.12 0.03 -0.03 -0.19 0.14 0.00 -0.08 0.11 0.02 0.01
OPM % 94.74% 71.43% 75.00% 85.71% 75.00% 77.78% 0.00% 91.67% 28.57% 50.00%
0.00 0.00 0.00 0.00 0.00 -0.03 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 0.00 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 0.18 0.05 0.12 0.12 0.03 -0.06 -0.19 0.14 0.00 -0.08 0.11 0.02 0.01
Tax % 27.78% -40.00% 33.33% 33.33% 33.33% 16.67% 21.05% 35.71% 12.50% 27.27% 100.00% 100.00%
0.13 0.07 0.08 0.08 0.02 -0.06 -0.15 0.09 0.00 -0.07 0.08 0.00 0.00
EPS in Rs 0.42 0.23 0.26 0.26 0.06 -0.19 -0.48 0.29 0.00 -0.23 0.26 0.00 0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
0.21 0.02 0.12 0.15 0.11 1.15 0.09 0.07 -0.19 0.43 0.31 0.01 0.16
0.25 0.03 0.06 0.30 0.12 1.14 0.08 0.07 0.09 0.09 0.08 0.13 0.10
Operating Profit -0.04 -0.01 0.06 -0.15 -0.01 0.01 0.01 0.00 -0.28 0.34 0.23 -0.12 0.06
OPM % -19.05% -50.00% 50.00% -100.00% -9.09% 0.87% 11.11% 0.00% 79.07% 74.19% -1,200.00% 37.50%
0.00 0.00 0.00 0.00 0.01 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 0.00 0.00
Depreciation 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.04 -0.01 0.05 -0.16 -0.01 0.01 0.01 0.00 -0.28 0.34 0.23 -0.12 0.06
Tax % 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 100.00% 17.86% 32.35% 47.83% 0.00%
-0.04 -0.01 0.05 -0.16 0.00 0.00 0.00 -0.02 -0.23 0.23 0.12 -0.13 0.01
EPS in Rs -0.13 -0.03 0.16 -0.52 0.00 0.00 0.00 -0.06 -0.74 0.74 0.39 -0.42 0.03
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -7%
5 Years: -36%
3 Years: %
TTM: 433%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: 111%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 3%
Return on Equity
10 Years: -1%
5 Years: 0%
3 Years: 3%
Last Year: -5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 2.33 2.33 3.09 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10
Reserves -0.29 -0.30 -0.26 -0.41 -0.42 -0.41 -0.41 -0.43 -0.66 -0.43 -0.31 -0.44 -0.36
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
0.01 0.01 0.04 0.01 0.02 0.00 0.01 0.03 0.03 0.17 0.18 0.19 0.28
Total Liabilities 2.05 2.04 2.87 2.70 2.70 2.69 2.70 2.70 2.47 2.84 2.97 2.85 3.02
0.00 0.03 0.03 0.02 0.01 0.01 0.01 0.00 0.00 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 0.59 0.59 0.59 0.59 0.59 1.29 1.51 2.51 2.31 2.75 2.89 2.34 2.94
1.46 1.42 2.25 2.09 2.10 1.39 1.18 0.19 0.16 0.09 0.08 0.51 0.08
Total Assets 2.05 2.04 2.87 2.70 2.70 2.69 2.70 2.70 2.47 2.84 2.97 2.85 3.02

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.06 0.13 -0.14 -0.07 1.04 -0.07 -0.06 -0.05 -0.03 -0.17 -0.12
-0.03 0.00 0.00 0.00 -0.71 -0.20 -0.95 0.00 0.00 0.17 0.55
0.00 0.02 -0.03 0.04 0.19 0.88 0.02 0.01 0.00 0.00 0.00
Net Cash Flow 0.03 0.15 -0.16 -0.03 0.52 0.61 -1.00 -0.04 -0.03 0.00 0.43

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 556.19 4,745.00 669.17 413.67 398.18 15.87 202.78 208.57 -57.63 25.47 0.00 0.00
Inventory Days 1,596.88 18,980.00 12,288.33 9,307.50 0.00 0.00
Days Payable 0.00 0.00 0.00 0.00
Cash Conversion Cycle 2,153.07 23,725.00 12,957.50 9,721.17 398.18 15.87 202.78 208.57 -57.63 25.47 0.00 0.00
Working Capital Days 2,363.81 23,360.00 3,650.00 2,895.67 6,901.82 15.87 162.22 156.43 19.21 -50.93 0.00 365.00
ROCE % -0.49% 2.06% -5.80% -0.37% 0.37% 0.37% 0.00% -10.96% 13.31% 8.42% -4.40%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.61% 62.61% 62.61% 62.61% 62.61% 62.61% 62.61% 62.61% 62.61% 62.61% 62.61% 62.61%
37.39% 37.39% 37.39% 37.39% 37.39% 37.38% 37.38% 37.38% 37.39% 37.39% 37.39% 37.40%
No. of Shareholders 197192194188179177176204391443529571

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