Safecure Services Ltd
Incorporated in 2012, Safecure Services Limited is engaged in the business of prominent security and facility management company.[1]
- Market Cap ₹ 26.1 Cr.
- Current Price ₹ 26.0
- High / Low ₹ 81.6 / 25.0
- Stock P/E 4.33
- Book Value ₹ 50.8
- Dividend Yield 0.00 %
- ROCE 16.6 %
- ROE 16.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.51 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 175 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 101 days to 190 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
Consumer Discretionary Consumer Services Other Consumer Services Other Consumer Services
Part of BSE SME IPO
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 38.30 | 47.54 | 62.83 | 73.10 | 66.88 | |
| 32.46 | 38.51 | 51.35 | 60.41 | 55.42 | |
| Operating Profit | 5.84 | 9.03 | 11.48 | 12.69 | 11.46 |
| OPM % | 15.25% | 18.99% | 18.27% | 17.36% | 17.14% |
| 0.08 | 0.20 | 0.23 | 0.17 | 0.19 | |
| Interest | 1.41 | 1.97 | 2.17 | 2.54 | 2.36 |
| Depreciation | 2.50 | 2.68 | 2.96 | 3.06 | 3.03 |
| Profit before tax | 2.01 | 4.58 | 6.58 | 7.26 | 6.26 |
| Tax % | 27.36% | 14.19% | 13.53% | 15.01% | 3.51% |
| 1.46 | 3.93 | 5.69 | 6.16 | 6.03 | |
| EPS in Rs | 8.30 | 22.33 | 8.08 | 8.75 | 6.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 27% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1.76 | 1.76 | 7.04 | 7.04 | 10.04 |
| Reserves | 5.14 | 7.57 | 8.12 | 14.16 | 40.98 |
| 13.53 | 12.18 | 14.30 | 20.92 | 10.46 | |
| 8.37 | 9.37 | 7.97 | 10.75 | 5.63 | |
| Total Liabilities | 28.80 | 30.88 | 37.43 | 52.87 | 67.11 |
| 9.17 | 9.75 | 9.90 | 11.16 | 14.72 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 19.63 | 21.13 | 27.53 | 41.71 | 52.39 | |
| Total Assets | 28.80 | 30.88 | 37.43 | 52.87 | 67.11 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 2.77 | 7.92 | 2.60 | -0.30 | ||
| -5.79 | -3.26 | -3.10 | -3.46 | ||
| 2.69 | -4.62 | 0.84 | 3.90 | ||
| Net Cash Flow | -0.32 | 0.03 | 0.34 | 0.14 | |
| Free Cash Flow | -0.26 | 4.66 | -0.93 | -4.14 | |
| CFO/OP | 58% | 92% | 29% | 5% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 121.60 | 121.46 | 119.03 | 159.33 | 174.75 |
| Inventory Days | 0.00 | ||||
| Days Payable | |||||
| Cash Conversion Cycle | 121.60 | 121.46 | 119.03 | 159.33 | 174.75 |
| Working Capital Days | 17.06 | -1.38 | 40.96 | 71.85 | 190.41 |
| ROCE % | 31.24% | 34.33% | 27.38% | 16.64% |
Documents
Announcements
-
Statement Of Deviation(S) Or Variation(S) Under Regulation 32 Of SEBI (LODR) Regulations 2015 For The Quarter Ended March 31 2026.
30 May - Safecure reported no deviation in ₹30.6 crore IPO proceeds use for quarter ended March 31, 2026.
-
Submission Of Audited Standalone And Consolidated Financial Results And Report Of The Auditors As Per Regulation 33 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015 For The Half Year And Year Ended March 31 2026
30 May - Audited standalone and consolidated results for half year and year ended March 31, 2026; unmodified opinion.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday May 30 2026.
30 May - Board approved FY26 audited results; independent director resigned effective May 30, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday May 30 2026.
30 May - Board approved FY26 audited standalone and consolidated results; Independent Director Subhag Rai Mehta resigned effective May 30, 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
27 May - Mr. Subhag Rai Mehta resigned as Independent Director effective May 30, 2026.
Annual reports
No data available.
Business Profile[1]
Safecure Services Limited, along with its wholly owned subsidiary Safesense Tech Pvt. Ltd., is a security and facility management services provider in India. It operates across multiple verticals including private security, e-surveillance, facility management, ATM maintenance, and corporate interior fit-outs. Their operations are manpower-intensive and technology-enabled, with a Pan-India presence.