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 5.63
  • Book Value ₹ 484
  • Dividend Yield 0.00 %
  • ROCE 2.65 %
  • ROE 3.00 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.19 times its book value
  • Company has delivered good profit growth of 26.6% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -3.39% over past five years.
  • Company has a low return on equity of -0.41% over last 3 years.
  • Earnings include an other income of Rs.24.6 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

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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
10.68 8.11 14.45 8.87 9.53 6.49 15.66 12.90 13.79 13.57 25.43 10.15 0.12
15.76 13.55 13.83 11.48 13.55 8.97 15.49 15.90 23.12 15.84 25.69 12.36 4.95
Operating Profit -5.08 -5.44 0.62 -2.61 -4.02 -2.48 0.17 -3.00 -9.33 -2.27 -0.26 -2.21 -4.83
OPM % -47.57% -67.08% 4.29% -29.43% -42.18% -38.21% 1.09% -23.26% -67.66% -16.73% -1.02% -21.77% -4,025.00%
0.33 0.10 0.09 0.09 0.14 0.16 0.09 0.13 0.33 0.12 0.21 24.23 0.15
Interest 0.80 0.63 0.58 0.67 0.71 0.76 0.96 0.79 0.47 0.70 0.83 0.26 0.00
Depreciation 0.19 0.18 0.18 0.18 0.17 0.15 0.15 0.15 0.15 0.16 0.17 0.07 0.01
Profit before tax -5.74 -6.15 -0.05 -3.37 -4.76 -3.23 -0.85 -3.81 -9.62 -3.01 -1.05 21.69 -4.69
Tax % 8.36% 0.33% 2,580.00% 2.67% 0.42% 1.55% 248.24% -29.66% -9.25% 0.33% 160.95% 0.28% -11.73%
-6.22 -6.18 -1.34 -3.46 -4.78 -3.28 -2.97 -2.66 -8.74 -3.03 -2.75 21.62 -4.14
EPS in Rs -5.54 -4.27 0.26 -2.31 -3.29 -2.22 -1.65 -1.28 -7.51 -1.57 -0.66 22.42 -4.14
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 47 43 45 46 59 54 53 41 49 49
0 38 35 39 47 70 66 65 52 63 59
Operating Profit -0 9 8 6 -1 -11 -12 -11 -11 -15 -10
OPM % 19% 19% 14% -2% -19% -22% -22% -28% -30% -19%
0 0 0 1 0 0 2 1 0 1 25
Interest 0 5 3 1 1 1 2 3 3 3 2
Depreciation 0 0 0 0 0 0 1 1 1 1 0
Profit before tax -0 4 5 6 -2 -12 -13 -15 -14 -18 13
Tax % 0% 2% 2% 7% 21% 3% -34% 12% 10% 1% 9%
-0 4 5 6 -2 -13 -9 -16 -16 -18 12
EPS in Rs 3.83 5.19 5.63 -1.94 -12.83 -8.55 -15.57 -9.62 -12.66 16.07
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -3%
3 Years: -3%
TTM: 1%
Compounded Profit Growth
10 Years: 88%
5 Years: 27%
3 Years: 45%
TTM: 227%
Stock Price CAGR
10 Years: %
5 Years: 3%
3 Years: -5%
1 Year: -27%
Return on Equity
10 Years: -1%
5 Years: -1%
3 Years: 0%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 10 10 10 10 10 10 10 10 10 10
Reserves -0 42 47 241 152 268 538 375 473 577 474
0 43 6 6 10 23 23 22 30 24 0
0 8 8 8 13 13 30 27 47 78 40
Total Liabilities 0 103 71 265 186 314 602 434 560 690 524
0 3 3 3 3 47 48 47 46 47 2
CWIP 0 0 0 0 0 1 0 0 0 0 1
Investments 0 39 34 219 134 222 521 349 486 609 511
0 60 34 43 49 45 33 38 28 33 11
Total Assets 0 103 71 265 186 314 602 434 560 690 524

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0 -1 25 6 -6 -8 1 -13 -12 -5 -18
0 4 14 5 -3 -4 -0 0 -3 -3 -4
0 0 -38 -2 4 11 -2 18 6 16 14
Net Cash Flow -0 3 1 9 -6 -0 -2 5 -10 8 -8
Free Cash Flow -0 -2 25 6 -8 -12 1 -14 -12 -5 -20
CFO/OP 133% -16% 320% 104% 594% 69% -17% 110% 94% 27% 177%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 27 37 45 59 47 46 17 39 24 0
Inventory Days 259 294 276 345 166 190 258 167 286 0
Days Payable 106 106 108 164 96 126 137 160 167
Cash Conversion Cycle 180 225 213 240 116 111 138 46 144 0
Working Capital Days 60 151 82 95 105 90 85 36 64 7
ROCE % 19% 10% 4% -0% -5% -2% -2% -2% -3% 3%

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 ・Standalone data

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

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