Palash Securities Ltd

Palash Securi. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Palash Securities Ltd

₹ 90.5 -1.10%
17 Jul - close price
palashsec.com BSE: 540648 NSE: PALASHSECU
About

Incorporated in 2015, Palash Securities Ltd is engaged in investing and dealing and in food processing business[1]

Key Points

Business Overview:[1][2]
Palash Securities Limited (PSL) operates as an RBI-regulated Core Investment Company (CIC). Through its wholly owned subsidiaries, its primary business is managing majority investments, dealing in group company securities, and holding immovable properties.

Additionally, PSL operates a food processing business via its subsidiary, Morton Foods Limited, which has manufactured canned goods, condiments, and cereals since 1959. To drive growth, the company is expanding its retail and e-commerce footprint, launching non-seasonal products, and entering the Canteen Stores Department (CSD) sales channel.

Website BSE NSE
  • Market Cap ₹ 90.5 Cr.
  • Current Price ₹ 90.5
  • High / Low ₹ 148 / 79.0
  • Stock P/E 38.4
  • Book Value ₹ 38.5
  • Dividend Yield 0.00 %
  • ROCE 9.40 %
  • ROE 6.32 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Company's working capital requirements have reduced from 53.2 days to 14.7 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 4.54% over past five years.
  • Company has a low return on equity of 7.12% 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

Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Packaged Foods

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
2.41 0.07 0.08 0.04 0.04 0.05 5.08 0.01 0.90 0.01 3.61 0.05 0.04
0.14 0.12 0.10 0.03 0.07 0.11 0.09 0.04 0.11 0.15 0.07 0.13 0.17
Operating Profit 2.27 -0.05 -0.02 0.01 -0.03 -0.06 4.99 -0.03 0.79 -0.14 3.54 -0.08 -0.13
OPM % 94.19% -71.43% -25.00% 25.00% -75.00% -120.00% 98.23% -300.00% 87.78% -1,400.00% 98.06% -160.00% -325.00%
0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09
Interest 0.02 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.01 0.02 0.01 0.01
Profit before tax 2.33 0.00 0.05 0.09 0.06 0.03 5.08 0.06 0.87 -0.06 3.61 0.00 -0.05
Tax % 17.60% 20.00% 22.22% 16.67% 0.00% 25.20% 50.00% 0.00% 0.00% 24.93% 480.00%
1.92 0.00 0.05 0.07 0.04 0.02 3.81 0.02 0.87 -0.06 2.71 0.00 -0.29
EPS in Rs 1.92 0.00 0.05 0.07 0.04 0.02 3.81 0.02 0.87 -0.06 2.71 0.00 -0.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 1m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.00 0.00 0.00 0.01 0.07 0.07 2.98 0.82 4.87 0.24 6.04 3.72
0.01 0.03 0.46 0.56 0.27 0.30 0.30 0.44 0.41 0.33 0.34 0.52
Operating Profit -0.01 -0.03 -0.46 -0.55 -0.20 -0.23 2.68 0.38 4.46 -0.09 5.70 3.20
OPM % -5,500.00% -285.71% -328.57% 89.93% 46.34% 91.58% -37.50% 94.37% 86.02%
0.00 0.00 0.04 0.21 0.37 0.36 0.35 1.62 0.35 0.35 0.35 0.36
Interest 0.00 0.00 0.00 0.00 0.20 0.20 0.13 0.11 0.11 0.04 0.00 0.00
Depreciation 0.00 0.00 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.05
Profit before tax -0.01 -0.03 -0.44 -0.36 -0.05 -0.09 2.88 1.87 4.68 0.20 6.04 3.51
Tax % 0.00% 0.00% 0.00% 0.00% 40.00% 0.00% 0.00% 0.53% 8.76% 20.00% 21.85% 32.48%
-0.01 -0.03 -0.45 -0.36 -0.07 -0.10 2.88 1.86 4.26 0.16 4.72 2.36
EPS in Rs -0.45 -0.36 -0.07 -0.10 2.88 1.86 4.26 0.16 4.72 2.36
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: -9%
TTM: -38%
Compounded Profit Growth
10 Years: 55%
5 Years: -4%
3 Years: -18%
TTM: -50%
Stock Price CAGR
10 Years: %
5 Years: 3%
3 Years: -5%
1 Year: -27%
Return on Equity
10 Years: 6%
5 Years: 9%
3 Years: 7%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.05 0.05 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
Reserves -0.01 -0.04 10.36 10.00 9.78 9.45 13.04 16.46 20.30 21.14 26.17 28.52
0.00 0.00 1.30 1.30 2.88 2.98 2.56 2.67 2.59 0.00 0.00 0.00
0.02 0.00 0.54 1.16 0.32 0.28 0.14 0.07 0.39 0.54 0.50 0.51
Total Liabilities 0.06 0.01 22.20 22.46 22.98 22.71 25.74 29.20 33.28 31.68 36.67 39.03
0.00 0.00 0.42 0.40 0.45 0.42 0.39 0.37 0.35 0.34 0.50 0.44
CWIP 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.31
Investments 0.00 0.00 21.76 21.76 22.34 22.11 22.82 27.87 27.79 28.60 34.27 34.26
0.06 0.01 0.02 0.23 0.19 0.18 2.53 0.96 5.14 2.74 1.90 3.02
Total Assets 0.06 0.01 22.20 22.46 22.98 22.71 25.74 29.20 33.28 31.68 36.67 39.03

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.00 -0.04 -0.01 0.27 0.09 -0.01 2.69 1.67 2.68 -0.13 6.18 -0.02
0.00 0.00 0.00 -0.07 0.00 0.00 0.00 -3.48 0.00 0.00 -4.67 -1.31
0.01 0.00 0.00 0.00 -0.15 -0.10 -0.50 0.00 -0.20 -2.63 0.00 0.00
Net Cash Flow 0.01 -0.04 -0.01 0.20 -0.06 -0.11 2.19 -1.81 2.48 -2.76 1.51 -1.33
Free Cash Flow 0.00 -0.04 -0.01 0.20 0.09 -0.01 2.69 1.67 2.68 -0.13 6.18 -0.02
CFO/OP 0% 133% 2% -49% -65% -4% 109% 495% 61% 144% 131% 35%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days -6,205.00 -1,407.86 -677.86 22.05 218.11 8.24 136.88 7.86 14.72
ROCE % -120.00% -4.06% -1.68% 0.68% 0.53% 12.53% 7.24% 15.45% 0.75% 17.95% 9.40%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Investment in Subsidiaries (at Amortised Cost, Standalone)
₹ lakhs

Log in to view insights

Please log in to see hidden values.

Login
FVOCI Portfolio Fair Value (Standalone)
₹ lakhs
Production Volume (Morton Foods)
MT
APO (Army Purchase Organisation) Sales as % of Total Sales
%
Retail Outlets Covered
count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
71.85% 71.85% 72.11% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18%
0.75% 0.75% 0.75% 0.75% 0.75% 0.70% 0.70% 0.70% 0.70% 0.70% 0.70% 0.70%
27.38% 27.39% 27.13% 27.07% 27.06% 27.12% 27.11% 27.11% 27.12% 27.12% 27.11% 27.10%
No. of Shareholders 6,9668,4477,9547,5737,4678,7668,7478,6238,4138,2768,1158,040

* 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.

Documents

Announcements

Annual reports