Indo Thai Securities Ltd

Indo Thai Securities Ltd

₹ 875 2.00%
11 Oct - close price
About

Incorporated in 1995, Indo Thai Securities
Ltd is in the business as stock and share brokers[1]

Key Points

Business Overview:[1]
ITSL is a focal company of Indo Thai
Group of 16 companies which provides services to corporate clients, individuals
and retail investors, in over 60 locations
in India

  • Market Cap 875 Cr.
  • Current Price 875
  • High / Low 875 / 189
  • Stock P/E 50.9
  • Book Value 73.0
  • Dividend Yield 0.18 %
  • ROCE 28.2 %
  • ROE 23.3 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 12.0 times its book value
  • Company has a low return on equity of 9.90% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
8.55 6.37 2.21 2.81 1.86 10.00 2.53 2.17 6.92 8.50 9.28 6.59 9.44
1.39 1.46 2.22 2.69 7.97 2.26 2.46 12.36 2.65 2.92 3.10 2.43 3.37
Operating Profit 7.16 4.91 -0.01 0.12 -6.11 7.74 0.07 -10.19 4.27 5.58 6.18 4.16 6.07
OPM % 83.74% 77.08% -0.45% 4.27% -328.49% 77.40% 2.77% -469.59% 61.71% 65.65% 66.59% 63.13% 64.30%
0.16 0.05 0.06 0.16 0.14 0.13 0.16 0.24 0.20 0.25 0.49 -0.08 0.28
Interest 0.11 0.18 0.24 0.33 0.35 0.04 0.08 0.09 0.15 0.17 0.17 0.38 0.28
Depreciation 0.15 0.15 0.15 0.16 0.12 0.13 0.13 0.14 0.12 0.12 0.13 0.16 0.13
Profit before tax 7.06 4.63 -0.34 -0.21 -6.44 7.70 0.02 -10.18 4.20 5.54 6.37 3.54 5.94
Tax % 6.66% 22.68% -2.94% -14.29% -4.81% 10.39% 1,150.00% -24.85% 26.43% 21.84% 14.91% 30.51% 15.99%
6.60 3.59 -0.33 -0.19 -6.13 6.90 -0.22 -7.65 3.10 4.34 5.41 2.46 4.99
EPS in Rs 6.60 3.59 -0.33 -0.19 -6.13 6.90 -0.22 -7.65 3.10 4.34 5.41 2.46 4.99
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
10 21 37 49 45 58 8 9 22 20 8 31 34
10 20 33 42 46 45 8 21 5 7 16 11 12
Operating Profit 0 2 4 7 -1 13 -0 -12 17 12 -9 20 22
OPM % 3% 8% 11% 14% -1% 22% -4% -128% 77% 62% -114% 65% 65%
0 0 0 0 5 0 0 1 1 0 1 1 1
Interest 0 0 0 0 0 1 1 1 1 1 0 1 1
Depreciation 0 0 0 1 1 1 1 1 1 1 1 1 1
Profit before tax -0 1 4 6 3 11 -2 -14 16 11 -9 20 21
Tax % 17% 26% 18% -0% -3% 23% -25% -20% 37% 13% -20% 22%
-0 1 3 6 3 9 -1 -11 10 10 -7 15 17
EPS in Rs -0.07 0.86 2.96 6.31 3.29 8.73 -1.31 -10.85 10.16 9.93 -6.48 15.93 17.20
Dividend Payout % 0% 0% 34% 16% 30% 11% -76% 0% 10% 10% -9% 10%
Compounded Sales Growth
10 Years: 4%
5 Years: 33%
3 Years: 13%
TTM: 56%
Compounded Profit Growth
10 Years: 33%
5 Years: 69%
3 Years: 15%
TTM: 708%
Stock Price CAGR
10 Years: 48%
5 Years: 110%
3 Years: 111%
1 Year: 274%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 10%
Last Year: 23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 26 27 30 35 37 46 47 35 45 54 49 63
3 3 4 0 0 5 8 8 1 2 4 6
3 7 9 4 10 15 18 18 22 42 45 42
Total Liabilities 42 47 53 49 57 75 83 70 79 109 107 122
3 3 3 6 3 10 10 10 11 12 11 13
CWIP 0 0 2 0 0 0 0 0 0 0 0 0
Investments 7 12 11 7 7 7 15 3 24 35 21 30
32 32 37 36 47 59 58 57 44 62 75 79
Total Assets 42 47 53 49 57 75 83 70 79 109 107 122

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6 -2 -11 -8 0 7 4 13 4 5 1 -3
9 -3 5 13 5 -5 -0 -14 4 -9 -2 3
3 -1 1 -6 -1 3 -1 -2 -7 -1 0 0
Net Cash Flow 5 -6 -5 -1 4 6 3 -3 1 -4 0 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 163 75 98 81 100 138 1,063 423 59 49 138 90
Inventory Days 45 105 59
Days Payable 138 66 16
Cash Conversion Cycle 163 -18 137 125 100 138 1,063 423 59 49 138 90
Working Capital Days 105 94 131 143 167 136 439 229 -180 -567 -1,250 -246
ROCE % 1% 4% 9% 15% -3% 23% -1% -21% 32% 20% -13% 28%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
70.89% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18%
0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
29.11% 27.82% 27.82% 27.82% 27.81% 27.77% 27.78% 27.78% 27.78% 27.77% 27.77% 27.76%
No. of Shareholders 3,0904,3664,2684,2064,2363,9643,9843,9463,8533,8554,2634,036

* 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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