Prime Securities Ltd

₹ 101 0.65%
30 Sep - close price
About

Incorporated in 1982, Prime Securities Ltd is a provider of diversified Investment Banking and Corporate Advisory services [1] [2]

Key Points

Service Offerings
The company offers value-added advice to clients on complex strategic and financial decisions as well as transactions focused around fundraising, mergers and acquisitions, private equity and debt placements, IPO, corporate advisory and capital restructuring [1]

  • Market Cap 322 Cr.
  • Current Price 101
  • High / Low 133 / 83.0
  • Stock P/E 26.0
  • Book Value 33.2
  • Dividend Yield 2.23 %
  • ROCE 19.0 %
  • ROE 15.4 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 49.7% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 74.7%

Cons

  • Company has a low return on equity of 11.9% 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

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
5.14 8.20 0.47 22.29 5.65 8.21 4.69 11.72 5.91 11.67 11.54 5.49 8.29
2.46 4.53 4.67 23.17 2.31 2.87 3.68 9.10 3.40 3.79 5.70 5.82 5.00
Operating Profit 2.68 3.67 -4.20 -0.88 3.34 5.34 1.01 2.62 2.51 7.88 5.84 -0.33 3.29
OPM % 52.14% 44.76% -893.62% -3.95% 59.12% 65.04% 21.54% 22.35% 42.47% 67.52% 50.61% -6.01% 39.69%
0.65 0.65 0.65 -0.00 0.32 0.33 -0.00 0.02 2.78 0.10 -0.00 0.01 0.09
Interest 0.01 0.02 0.01 0.04 0.06 0.05 0.06 0.05 0.05 0.05 0.05 0.28 0.09
Depreciation 0.06 0.06 0.05 0.21 0.17 0.15 0.20 0.20 0.19 0.20 0.19 0.14 0.19
Profit before tax 3.26 4.24 -3.61 -1.13 3.43 5.47 0.75 2.39 5.05 7.73 5.60 -0.74 3.10
Tax % 24.85% 20.99% 22.99% -38.94% 25.95% 18.10% -0.00% 22.18% 13.66% 16.95% 27.32% 12.16% 17.74%
Net Profit 2.45 3.35 -2.78 -1.57 2.54 4.48 0.75 1.86 4.36 6.42 4.07 -0.65 2.55
EPS in Rs 0.92 1.26 -1.05 -0.59 0.96 1.69 0.28 0.70 1.64 2.42 1.31 -0.21 0.81
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
18 17 8 -13 -7 9 7 9 11 50 30 34 37
4 6 5 32 4 3 9 6 12 45 21 18 20
Operating Profit 14 12 3 -45 -11 6 -2 3 -0 5 9 16 17
OPM % 78% 68% 34% 65% -31% 31% -4% 10% 31% 47% 45%
0 2 1 0 6 9 -5 1 -0 -0 0 3 0
Interest 5 9 7 6 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 1 0 0 0 1 1 1 1
Profit before tax 9 5 -3 -52 -5 15 -7 3 -1 5 8 18 16
Tax % 18% 19% -38% -0% -0% 4% -0% -6% 11% 32% 20% 20%
Net Profit 7 4 -4 -52 -5 14 -7 3 -1 3 7 14 12
EPS in Rs 2.68 1.59 -1.58 -19.45 -1.86 5.30 -2.61 1.31 -0.26 1.17 2.50 4.55 4.33
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% 180% 44%
Compounded Sales Growth
10 Years: 15%
5 Years: 38%
3 Years: 45%
TTM: 21%
Compounded Profit Growth
10 Years: 17%
5 Years: 50%
3 Years: 177%
TTM: 36%
Stock Price CAGR
10 Years: 23%
5 Years: 25%
3 Years: 44%
1 Year: 22%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 12%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
13 13 13 13 13 13 13 13 13 13 13 16
Reserves 95 100 95 44 39 53 46 49 60 28 39 88
89 63 58 85 87 44 10 5 2 0 0 5
6 7 6 9 3 4 3 3 7 11 22 11
Total Liabilities 203 183 173 151 142 114 72 70 82 53 74 120
4 4 5 5 4 3 3 3 1 3 2 2
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 1
Investments 80 85 77 47 50 47 9 9 19 11 21 49
119 94 91 100 88 64 60 58 63 39 50 68
Total Assets 203 183 173 151 142 114 72 70 82 53 74 120

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-36 35 8 58 -6 27 7 5 -2 14 32 -3
-21 -4 1 -86 2 2 20 0 -4 -2 -21 -44
65 -31 -12 22 4 -29 -28 -5 6 -3 -0 34
Net Cash Flow 7 -1 -2 -6 -0 0 -1 -0 0 9 12 -13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days -0 139 165 -2 -0 -0 16 28 184 32 10 1
Inventory Days -0 -0
Days Payable
Cash Conversion Cycle -0 139 165 -2 -0 -0 16 28 184 32 10 1
Working Capital Days 2,125 1,602 3,215 -94 260 2,249 2,820 2,111 274 125 -93 66
ROCE % 9% 7% 2% -30% -5% 13% -2% 4% -1% 8% 18% 19%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
0.23 0.23 0.23 0.23 0.60 0.42 1.40 2.90 3.87 3.42 4.47 4.89
0.06 0.24 0.05 0.05 0.06 0.05 0.06 0.05 0.05 0.05 0.05 0.05
99.71 99.53 99.72 99.72 99.34 99.53 98.54 97.05 96.08 96.53 95.48 95.06

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