Keynote Financial Services Ltd
Incorporated in 1993, Keynote Financial Services Ltd is in the business of Investment banking, Corporate advisory, ESOP advisory, etc.[1]
- Market Cap ₹ 184 Cr.
- Current Price ₹ 256
- High / Low ₹ 479 / 170
- Stock P/E 49.2
- Book Value ₹ 105
- Dividend Yield 0.39 %
- ROCE 3.51 %
- ROE 5.12 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 53.0%
Cons
- Tax rate seems low
- Company has a low return on equity of 7.57% over last 3 years.
- Earnings include an other income of Rs.1.09 Cr.
* 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
Financial Services Financial Services Capital Markets Stockbroking & Allied
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9.28 | 5.65 | 9.55 | 7.53 | 10.42 | 7.89 | 5.23 | 10.98 | 8.92 | 6.80 | 25.32 | 9.55 | |
6.17 | 4.49 | 4.69 | 4.85 | 5.48 | 5.85 | 5.66 | 4.12 | 5.29 | 6.11 | 10.91 | 7.76 | |
Operating Profit | 3.11 | 1.16 | 4.86 | 2.68 | 4.94 | 2.04 | -0.43 | 6.86 | 3.63 | 0.69 | 14.41 | 1.79 |
OPM % | 33.51% | 20.53% | 50.89% | 35.59% | 47.41% | 25.86% | -8.22% | 62.48% | 40.70% | 10.15% | 56.91% | 18.74% |
0.13 | 0.05 | 0.43 | 0.11 | -0.12 | 0.66 | 0.32 | 0.29 | 0.28 | 0.27 | 0.41 | 1.09 | |
Interest | 0.05 | 0.05 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.05 |
Depreciation | 0.34 | 0.37 | 0.44 | 0.41 | 0.39 | 0.39 | 0.35 | 0.32 | 0.28 | 0.21 | 0.21 | 0.31 |
Profit before tax | 2.85 | 0.79 | 4.82 | 2.37 | 4.43 | 2.31 | -0.46 | 6.78 | 3.63 | 0.75 | 14.61 | 2.52 |
Tax % | 27.72% | 34.18% | 27.80% | 19.83% | 27.31% | -5.19% | -80.43% | 31.86% | -0.83% | 32.00% | 24.71% | -47.62% |
2.06 | 0.52 | 3.48 | 1.89 | 3.23 | 2.43 | -0.09 | 4.62 | 3.66 | 0.51 | 11.01 | 3.73 | |
EPS in Rs | 2.94 | 0.74 | 4.96 | 2.69 | 4.60 | 3.46 | -0.13 | 6.58 | 5.21 | 0.73 | 15.69 | 5.31 |
Dividend Payout % | 34.08% | 135.00% | 20.17% | 37.14% | 54.33% | 28.89% | -780.00% | 15.19% | 19.18% | 137.65% | 6.38% | 14.93% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 13% |
3 Years: | 2% |
TTM: | -62% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 113% |
3 Years: | 1% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 46% |
3 Years: | 30% |
1 Year: | 9% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 8% |
Last Year: | 5% |
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 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 7.02 | 5.57 |
Reserves | 40.38 | 40.08 | 42.73 | 44.62 | 47.01 | 48.80 | 47.88 | 51.83 | 54.80 | 54.70 | 64.91 | 68.09 |
0.47 | 0.33 | 0.17 | 0.08 | 0.00 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.69 | |
2.81 | 2.97 | 2.43 | 2.81 | 2.74 | 2.25 | 1.71 | 3.47 | 4.03 | 4.08 | 10.49 | 3.92 | |
Total Liabilities | 50.68 | 50.40 | 52.35 | 54.53 | 56.77 | 58.12 | 56.65 | 62.35 | 65.88 | 65.84 | 82.45 | 78.27 |
10.58 | 10.07 | 9.65 | 9.30 | 8.94 | 8.59 | 8.25 | 7.97 | 7.76 | 7.66 | 7.48 | 8.17 | |
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 |
Investments | 23.28 | 28.32 | 37.82 | 31.20 | 44.52 | 42.60 | 33.09 | 37.60 | 52.51 | 48.53 | 65.01 | 66.70 |
16.82 | 12.01 | 4.88 | 14.03 | 3.31 | 6.93 | 15.31 | 16.78 | 5.61 | 9.65 | 9.96 | 3.40 | |
Total Assets | 50.68 | 50.40 | 52.35 | 54.53 | 56.77 | 58.12 | 56.65 | 62.35 | 65.88 | 65.84 | 82.45 | 78.27 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.57 | -4.74 | 8.28 | -7.70 | 12.02 | -0.70 | -1.08 | 5.74 | -1.06 | -4.15 | 8.46 | 0.42 | |
-2.15 | -3.39 | -7.00 | 9.15 | -11.63 | 5.94 | 9.73 | -15.88 | 2.32 | 4.57 | -7.99 | 1.81 | |
-1.12 | -1.03 | -0.94 | -0.91 | -0.85 | -2.11 | -0.85 | -0.75 | -0.71 | -0.71 | -0.71 | -1.42 | |
Net Cash Flow | -4.84 | -9.15 | 0.33 | 0.55 | -0.47 | 3.13 | 7.80 | -10.88 | 0.56 | -0.28 | -0.24 | 0.80 |
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 | 18.88 | 105.30 | 37.46 | 44.59 | 9.11 | 26.83 | 48.85 | 25.26 | 55.24 | 45.09 | 94.57 | 9.94 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 18.88 | 105.30 | 37.46 | 44.59 | 9.11 | 26.83 | 48.85 | 25.26 | 55.24 | 45.09 | 94.57 | 9.94 |
Working Capital Days | 178.96 | 552.35 | 82.94 | 500.24 | 14.36 | -7.40 | 37.69 | -16.95 | -10.23 | -12.88 | 7.35 | -9.17 |
ROCE % | 6.19% | 2.06% | 9.96% | 4.68% | 9.17% | 4.20% | -0.83% | 12.00% | 6.03% | 1.21% | 21.85% | 3.51% |
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30, 2025, As per Regulation 33 Of The ('Listing Regulations').
2d - Board meeting on Aug 14 to approve Q1 June 30, 2025 financial results; trading window closed till 48 hours post disclosure.
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Report Under Regulation 10(7) Received From Mr. Vivek Suchanti, Promoter Of The Company.
15 Jul - Promoter Vivek Suchanti's shareholding rose to 10.45% via inter-se transfer from Nirmal Suchanti HUF.
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Report Under Regulation 10(7) Of SAST Received From Mr. Vineet Suchanti, Promoter Of The Company.
15 Jul - Promoter inter-se share transfer via gift and HUF partition; indirect control in promoter entity increased.
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Report Under Regulation 10(7) Of SAST Received From Mr. Vineet Suchanti, Promoter Of The Company.
15 Jul - Promoter inter-se share transfer via gift and HUF partition; indirect control consolidated without changing promoter holding.
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Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011
15 Jul - Promoter Vivek Suchanti's shareholding in Keynote Financial rose to 10.45% via HUF partition on 26 June 2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Business Overview:[1]
Company is a Category 1 Merchant Banker and a full service Investment Bank and Brokerage house offering financial services