LKP Securities Ltd

LKP Securities Ltd

₹ 19.4 -1.37%
21 May 2:27 p.m.
About

Incorporated in 1948, LKP Securities Ltd provides stock and securities broking and other financial services[1]

Key Points

Business Overview:[1][2]
Company offers research based equity advisory and trading services viz. equities, debt, structured products, Portfolio Management services and Third party distribution, etc. to individuals, corporates and retail clients. It has presence in 150+ cities in India

  • Market Cap 159 Cr.
  • Current Price 19.4
  • High / Low 30.8 / 17.2
  • Stock P/E 12.1
  • Book Value 11.1
  • Dividend Yield 0.76 %
  • ROCE 22.3 %
  • ROE 15.6 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 18.8%
  • Debtor days have improved from 79.5 to 56.2 days.

Cons

  • The company has delivered a poor sales growth of 8.79% over past five years.
  • Company has a low return on equity of 11.8% over last 3 years.
  • Contingent liabilities of Rs.67.2 Cr.
  • Company's cost of borrowing seems high

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
23.77 18.08 21.47 19.96 16.91 18.17 21.46 24.12 32.43 30.47 33.80 24.93 22.08
19.29 15.68 17.97 17.69 16.67 15.93 18.49 19.12 21.39 22.17 25.06 19.43 18.45
Operating Profit 4.48 2.40 3.50 2.27 0.24 2.24 2.97 5.00 11.04 8.30 8.74 5.50 3.63
OPM % 18.85% 13.27% 16.30% 11.37% 1.42% 12.33% 13.84% 20.73% 34.04% 27.24% 25.86% 22.06% 16.44%
0.34 0.17 0.12 0.29 0.89 0.59 0.11 0.11 0.29 0.18 0.27 0.20 4.64
Interest 0.81 0.60 0.54 0.65 0.85 0.77 1.23 1.68 1.58 1.89 1.98 1.95 1.90
Depreciation 0.49 0.57 0.60 0.70 0.92 0.94 0.93 0.94 1.04 0.97 0.96 1.09 2.68
Profit before tax 3.52 1.40 2.48 1.21 -0.64 1.12 0.92 2.49 8.71 5.62 6.07 2.66 3.69
Tax % 16.48% 28.57% 29.44% 28.10% -29.69% -26.79% 28.26% 29.72% 34.90% 27.05% 25.21% 28.57% 28.18%
2.94 1.00 1.74 0.88 -0.45 1.42 0.66 1.75 5.67 4.10 4.55 1.91 2.65
EPS in Rs 0.39 0.13 0.23 0.12 -0.06 0.18 0.08 0.22 0.70 0.50 0.56 0.23 0.32
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
39 59 58 66 86 95 73 84 93 77 96 111
42 54 55 61 66 87 66 76 71 68 75 85
Operating Profit -3 5 4 5 21 8 7 8 22 9 22 26
OPM % -7% 8% 6% 8% 24% 9% 10% 9% 24% 11% 22% 24%
1 0 0 0 0 0 1 0 1 1 1 5
Interest 2 2 3 4 7 7 5 1 2 3 5 8
Depreciation 2 3 1 1 1 1 1 2 2 3 4 6
Profit before tax -6 -1 -1 -0 13 1 2 6 18 4 13 18
Tax % -23% -116% 24% -656% 40% -141% 29% 29% 26% 29% 28% 27%
-5 0 -1 0 8 2 2 4 13 3 10 13
EPS in Rs 0.07 1.09 0.26 0.21 0.53 1.78 0.40 1.17 1.61
Dividend Payout % 0% 0% 0% 0% 9% 0% 0% 38% 17% 25% 13% 19%
Compounded Sales Growth
10 Years: 6%
5 Years: 9%
3 Years: 6%
TTM: 16%
Compounded Profit Growth
10 Years: 53%
5 Years: 53%
3 Years: 0%
TTM: 37%
Stock Price CAGR
10 Years: %
5 Years: 41%
3 Years: 10%
1 Year: -18%
Return on Equity
10 Years: 12%
5 Years: 14%
3 Years: 12%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 5 5 5 15 15 15 15 15 15 16 16 16
Reserves -4 -3 -5 13 22 23 25 29 42 49 62 75
65 87 104 66 64 28 18 18 17 22 21 40
52 46 54 77 65 77 87 133 136 79 152 249
Total Liabilities 119 134 158 170 164 143 144 195 210 166 252 380
8 6 5 5 5 6 6 15 15 24 21 19
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2 2 2 3 4 6 7 4 5 6 5 13
109 126 151 163 156 131 131 176 191 136 225 349
Total Assets 119 134 158 170 164 143 144 195 210 166 252 380

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1 -16 -20 31 9 44 1 47 28 -73 40 -23
-2 0 2 -14 5 4 25 -10 0 13 -50 -1
-2 22 17 -13 -8 -45 -14 -7 -5 -1 -2 25
Net Cash Flow -2 5 -1 5 6 3 12 31 23 -61 -12 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 680 513 666 327 277 196 116 79 83 95 87 56
Inventory Days
Days Payable
Cash Conversion Cycle 680 513 666 327 277 196 116 79 83 95 87 56
Working Capital Days 297 303 423 153 130 -21 -46 -251 -284 -2 -143 -181
ROCE % -5% 2% 2% 4% 21% 9% 11% 12% 30% 8% 20% 22%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
70.04% 70.04% 69.70% 70.70% 70.70% 70.99% 71.86% 71.60% 71.60% 71.36% 71.36% 71.36%
4.29% 4.29% 4.27% 4.09% 4.09% 4.05% 3.94% 3.93% 3.93% 4.15% 4.18% 4.18%
0.02% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
25.64% 25.65% 26.01% 25.18% 25.18% 24.93% 24.17% 24.45% 24.44% 24.47% 24.44% 24.45%
No. of Shareholders 10,47110,47012,01212,03312,47512,64612,67313,10815,42815,81518,52819,243

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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