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 ₹ 263
- High / Low ₹ 479 / 163
- Stock P/E 12.6
- Book Value ₹ 197
- Dividend Yield 0.38 %
- ROCE 9.27 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 57.3 to 38.0 days.
- Promoter holding has increased by 14.9% over last quarter.
Cons
- Tax rate seems low
- Company has a low return on equity of 11.6% 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.
Peer comparison
Financial Services Financial Services Capital Markets Stockbroking & Allied
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 16 | 23 | 25 | 20 | 13 | 11 | 23 | 32 | 16 | 49 | 28 | |
14 | 9 | 13 | 10 | 10 | 13 | 14 | 8 | 11 | 15 | 13 | 18 | |
Operating Profit | 6 | 7 | 10 | 14 | 10 | 0 | -3 | 15 | 20 | 1 | 36 | 11 |
OPM % | 31% | 42% | 42% | 58% | 50% | 2% | -23% | 66% | 64% | 5% | 73% | 38% |
1 | 0 | 0 | 0 | -0 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | |
Interest | 2 | 4 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 1 |
Depreciation | 1 | 1 | 1 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 4 | 3 | 6 | 7 | 7 | -1 | -4 | 13 | 19 | -0 | 35 | 12 |
Tax % | 31% | 33% | 31% | 23% | 21% | 20% | -3% | 15% | 14% | 3,320% | 22% | 7% |
3 | 2 | 4 | 6 | 6 | -1 | -4 | 11 | 16 | -2 | 27 | 15 | |
EPS in Rs | 4.30 | 2.41 | 6.41 | 8.22 | 8.14 | -1.51 | -6.01 | 16.06 | 22.91 | -2.32 | 38.17 | 20.76 |
Dividend Payout % | 18% | 33% | 12% | 10% | 20% | -53% | -13% | 5% | 3% | -34% | 2% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 20% |
3 Years: | -4% |
TTM: | -42% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 40% |
3 Years: | -3% |
TTM: | -46% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 49% |
3 Years: | 40% |
1 Year: | 63% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 56 | 57 | 61 | 67 | 72 | 73 | 68 | 79 | 95 | 93 | 119 | 133 |
10 | 21 | 12 | 13 | 13 | 20 | 22 | 26 | 28 | 2 | 1 | 2 | |
50 | 15 | 23 | 65 | 14 | 9 | 24 | 9 | 11 | 9 | 15 | 12 | |
Total Liabilities | 122 | 98 | 101 | 150 | 105 | 108 | 119 | 121 | 139 | 110 | 140 | 152 |
24 | 23 | 23 | 19 | 18 | 18 | 17 | 17 | 16 | 17 | 17 | 18 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 6 | 18 | 24 | 35 | 34 | 28 | 44 | 62 | 60 | 84 | 102 |
96 | 69 | 60 | 108 | 52 | 56 | 74 | 60 | 61 | 33 | 40 | 32 | |
Total Assets | 122 | 98 | 101 | 150 | 105 | 108 | 119 | 121 | 139 | 110 | 140 | 152 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-10 | -4 | 17 | -12 | 5 | -4 | 16 | -9 | -13 | 21 | 6 | 7 | |
8 | -3 | -7 | 7 | -1 | 5 | 1 | -16 | 22 | -3 | -4 | -6 | |
-2 | -3 | -1 | -4 | -3 | 1 | -0 | 4 | -0 | -26 | -3 | -0 | |
Net Cash Flow | -4 | -10 | 9 | -8 | 2 | 2 | 17 | -21 | 9 | -8 | -1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 142 | 116 | 99 | 704 | 114 | 104 | 129 | 17 | 28 | 65 | 69 | 38 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 142 | 116 | 99 | 704 | 114 | 104 | 129 | 17 | 28 | 65 | 69 | 38 |
Working Capital Days | -0 | 588 | 19 | 196 | 221 | 195 | -478 | -38 | 107 | 158 | 87 | 133 |
ROCE % | 7% | 8% | 11% | 12% | 11% | 0% | -3% | 14% | 17% | 0% | 32% | 9% |
Documents
Announcements
-
Newspaper Advertisement Related To The Transfer Of Equity Shares In The IPEF.
1d - Newspaper advertisement for transfer of equity shares to IEPF account as per SEBI rules.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May
-
Annual Secretarial Compliance Report For The Financial Year 2024-2025
30 May - Annual Secretarial Compliance Report FY25; minor fine for delayed related party transaction disclosure.
-
Intimation Of Revision In Policies.
29 May - Board updates insider trading, related party, subsidiary, grievance, and remuneration policies on May 29, 2025.
-
Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2025
29 May - Approved FY25 audited results, recommended 10% dividend, appointed secretarial auditor, reconstituted committees.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
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