SecUR Credentials Ltd
Incorporated in 2001, SecUR Credentials Ltd is in the business of employee background screening and Human Resource solutions providers[1]
- Market Cap ₹ 6.41 Cr.
- Current Price ₹ 1.56
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 9.03
- Dividend Yield 0.00 %
- ROCE -6.97 %
- ROE -5.61 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.17 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -14.1% over past five years.
- Company has a low return on equity of 5.57% over last 3 years.
- Company has high debtors of 431 days.
- Working capital days have increased from 313 days to 535 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 0 | 4 | 10 | 38 | 60 | 55 | 43 | 51 | 46 | 28 | 12 | |
| 1 | 1 | 0 | 4 | 7 | 30 | 48 | 47 | 35 | 44 | 31 | 35 | 27 | |
| Operating Profit | 0 | 0 | -0 | 0 | 3 | 8 | 12 | 8 | 8 | 8 | 16 | -7 | -15 |
| OPM % | 6% | 7% | 2% | 28% | 21% | 20% | 14% | 18% | 15% | 34% | -25% | -123% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 | 0 | 1 | 6 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 4 | 3 | 3 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 3 | 3 | 4 | 3 | 3 |
| Profit before tax | 0 | 0 | -0 | 0 | 3 | 7 | 8 | 1 | -2 | 3 | 11 | -7 | -14 |
| Tax % | 20% | 40% | 0% | 71% | 33% | 28% | 30% | 66% | 12% | 40% | 26% | -64% | |
| 0 | 0 | -0 | 0 | 2 | 5 | 6 | 0 | -2 | 2 | 8 | -2 | -12 | |
| EPS in Rs | 1.25 | 1.37 | 0.09 | -0.52 | 0.39 | 1.90 | -0.60 | -2.89 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -14% |
| 3 Years: | -13% |
| TTM: | -72% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -27% |
| TTM: | -247% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -60% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 3% |
| 3 Years: | 6% |
| Last Year: | -6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 5 | 5 | 5 | 5 | 5 | 41 | 41 | 41 |
| Reserves | 0 | 0 | 0 | 0 | 2 | 34 | 39 | 39 | 37 | 33 | 4 | 2 | -4 |
| 1 | 0 | 1 | 0 | 0 | 4 | 27 | 27 | 18 | 23 | 21 | 20 | 18 | |
| 0 | 0 | 0 | 0 | 6 | 6 | 18 | 22 | 25 | 37 | 26 | 16 | 13 | |
| Total Liabilities | 2 | 1 | 1 | 1 | 8 | 48 | 89 | 92 | 84 | 97 | 93 | 79 | 68 |
| 0 | 0 | 0 | 0 | 0 | 13 | 34 | 31 | 12 | 17 | 15 | 10 | 8 | |
| CWIP | 0 | 0 | 0 | 0 | 5 | 5 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 1 | 1 | 1 | 4 | 30 | 55 | 61 | 72 | 79 | 78 | 69 | 61 | |
| Total Assets | 2 | 1 | 1 | 1 | 8 | 48 | 89 | 92 | 84 | 97 | 93 | 79 | 68 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 6 | -14 | 5 | 4 | -4 | 2 | 9 | 5 | |||
| 0 | 0 | -5 | -15 | -18 | -0 | 12 | -6 | -0 | 0 | |||
| 0 | 0 | -0 | 34 | 15 | -4 | -13 | 3 | -9 | -5 | |||
| Net Cash Flow | 0 | 0 | 0 | 4 | 2 | -0 | -5 | -0 | -0 | 0 | ||
| Free Cash Flow | 0 | 0 | 1 | -28 | -13 | 4 | 8 | -4 | 9 | 5 | ||
| CFO/OP | 0% | 0% | 218% | -156% | 56% | 79% | -45% | 27% | 74% | -105% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 339 | 0 | 0 | 76 | 148 | 142 | 164 | 346 | 278 | 299 | 431 | |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 339 | 0 | 0 | 76 | 148 | 142 | 164 | 346 | 278 | 299 | 431 | |
| Working Capital Days | 682 | 229 | 30 | -118 | 134 | 48 | 40 | 166 | 160 | 243 | 535 | |
| ROCE % | 5% | 12% | 223% | 34% | 18% | 7% | 10% | 9% | 21% | -7% |
Insights
In beta| Mar 2018 | Dec 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Number of Employees Count |
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| Branch Network Presence (Cities) Count |
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| Number of Clients Count |
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| Unbilled Revenue (as reported in audit qualification) INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
-
Financial Results For The Quarter Ended December 31, 2024
2d - Q3 FY25 standalone loss of ₹215.97 lakh; auditors flagged inventory, GST, gratuity and Section 185 issues.
- Financial Results For The Quarter Ended September 30, 2024 2d
-
Board Meeting Outcome for Outcome Of Board Meeting Held On May 04, 2026
2d - Board approved unaudited standalone results for Sep 30, 2024 and Dec 31, 2024; FY25 audited results deferred.
-
Appointment Of Company Secretary
29 Apr - CS Sakshi Jitendra Bhandari appointed Company Secretary and Compliance Officer from 28 April 2026.
-
Board Meeting Intimation for Reschedule Of Board Meeting
29 Apr - Board meeting rescheduled from April 29, 2026 to May 4, 2026 due to lack of quorum.
Business Overview:[1][2]
SCL is India's first and largest listed employee background verification company, providing integrated services to over 1,000 large corporations across various sectors. The company specializes in delivering customized solutions tailored to clients' risk frameworks. Headquartered in Mumbai, SCL operates branch offices in Delhi, Bengaluru, Hyderabad, and Chandigarh.