Prime Securities Ltd

Prime Securities is a Leading provider of diversified, Investment Banking and Corporate Advisory services, licensed and regulated by the Securities and Exchange Board of India (SEBI), authorized to Advise and Arrange financial services under a Category 1 Merchant Banking License and is head quartered in Mumbai, India.

Pros:
Company has reduced debt.
Company is virtually debt free.
Company is expected to give good quarter
Cons:
Though the company is reporting repeated profits, it is not paying out dividend
Company might be capitalizing the interest cost

Peer Comparison Sector: Finance // Industry: Finance & Investments

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
3.16 3.32 7.30 7.90 6.09 6.45 2.67 9.65 9.36 13.41 13.44 10.57
0.61 0.61 1.51 1.96 1.90 2.00 2.03 6.41 4.92 6.18 5.84 6.54
Operating Profit 2.55 2.71 5.79 5.94 4.19 4.45 0.64 3.24 4.44 7.23 7.60 4.03
OPM % 80.70% 81.63% 79.32% 75.19% 68.80% 68.99% 23.97% 33.58% 47.44% 53.91% 56.55% 38.13%
Other Income 5.66 9.46 6.61 0.08 -0.15 0.08 2.11 0.27 0.32 0.09 -0.98 0.10
Interest 0.01 0.01 0.01 0.00 0.01 0.00 0.01 0.02 0.06 0.06 0.03 0.07
Depreciation 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.06 0.05 0.12 0.16 0.25
Profit before tax 8.17 12.13 12.36 5.99 3.99 4.49 2.70 3.43 4.65 7.14 6.43 3.81
Tax % 21.91% 13.93% 10.76% 27.21% 12.78% 21.38% -9.26% 20.41% 20.43% 21.29% 23.79% 22.57%
Net Profit 6.38 10.44 11.03 4.36 3.48 3.53 2.95 2.73 3.70 5.62 4.90 2.95
EPS in Rs 2.41 3.94 4.01 1.61 1.26 1.30 1.14 1.03 1.34 2.18 1.85 1.11
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
52.07 82.38 6.66 29.79 30.09 0.56 -36.91 -9.34 11.86 19.53 23.54 46.90 46.78
19.07 41.91 30.76 15.76 12.05 11.14 37.00 15.33 17.48 10.57 9.73 23.31 23.48
Operating Profit 33.00 40.47 -24.10 14.03 18.04 -10.58 -73.91 -24.67 -5.62 8.96 13.81 23.59 23.30
OPM % 63.38% 49.13% -361.86% 47.10% 59.95% -1,889.29% 200.24% 264.13% -47.39% 45.88% 58.67% 50.30% 49.81%
Other Income 0.02 2.05 1.32 0.31 0.96 -0.41 1.02 12.77 21.31 10.54 3.51 -1.38 -0.47
Interest 0.80 1.42 1.46 6.34 14.49 14.00 12.83 2.66 0.01 0.02 0.02 0.17 0.22
Depreciation 0.32 0.40 0.46 0.44 0.45 0.49 0.69 0.52 0.85 0.13 0.15 0.39 0.58
Profit before tax 31.90 40.70 -24.70 7.56 4.06 -25.48 -86.41 -15.08 14.83 19.35 17.15 21.65 22.03
Tax % 12.23% 16.81% -1.09% 50.00% 26.60% -8.20% -0.35% -0.93% 4.32% 30.70% 16.62% 21.66%
Net Profit 28.00 33.86 -24.97 3.78 2.75 -27.65 -86.70 -15.21 14.20 13.41 14.30 16.96 17.17
EPS in Rs 11.05 12.46 0.00 1.43 1.04 0.00 0.00 0.00 5.35 5.04 5.38 6.38 6.48
Dividend Payout % 19.72% 17.54% -0.00% 0.00% 0.00% -0.00% -0.00% -0.00% 0.00% 0.00% 0.00% 0.00%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:21.55%
5 Years:%
3 Years:58.14%
TTM:88.17%
Compounded Profit Growth
10 Years:10.58%
5 Years:17.18%
3 Years:0.37%
TTM:35.30%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:78.95%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
12.27 13.20 13.20 13.20 13.28 13.28 13.28 13.28 13.28 13.30 13.30 13.30
Reserves 40.36 118.37 93.16 98.65 101.54 73.95 -12.66 -27.88 -13.68 -17.62 -3.18 22.38
Borrowings 7.16 30.51 23.88 124.79 99.48 107.92 101.80 109.81 88.95 16.96 7.97 3.83
21.50 38.45 17.13 20.77 29.93 44.33 179.30 146.02 114.23 9.79 3.59 6.85
Total Liabilities 81.29 200.53 147.37 257.41 244.23 239.48 281.72 241.23 202.78 22.43 21.68 46.36
5.12 6.28 5.66 5.19 5.37 5.94 5.38 4.59 3.06 2.91 2.86 4.44
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 41.64 50.37 22.87 119.12 110.13 121.03 74.91 56.84 49.41 1.89 1.64 2.75
34.53 143.88 118.84 133.10 128.73 112.51 201.43 179.80 150.31 17.63 17.18 39.17
Total Assets 81.29 200.53 147.37 257.41 244.23 239.48 281.72 241.23 202.78 22.43 21.68 46.36

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
12.62 -67.38 -14.87 4.78 22.15 41.00 -40.42 -13.91 -0.35 7.44 6.51 -3.03
-5.66 14.64 10.90 -82.88 15.42 -34.04 39.30 6.93 8.87 20.45 0.33 -2.32
-3.97 66.62 -10.45 94.57 -35.38 -5.54 -19.62 5.50 -7.10 -25.32 -8.69 4.33
Net Cash Flow 2.99 13.88 -14.42 16.47 2.19 1.42 -20.74 -1.49 1.42 2.57 -1.85 -1.02

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 68.27% 37.96% -15.65% 7.48% 8.24% -5.40% -49.29% -13.76% 20.33% 17.53% 104.91% 80.73%
Debtor Days 118.04 194.33 584.77 246.27 304.47 20,629.02 -1,278.24 -4,827.85 3,787.26 80.18 20.16 211.06
Inventory Turnover