SecUR Credentials Ltd

SecUR Credentials Ltd

₹ 1.56 -3.11%
15 Apr 2025
About

Incorporated in 2001, SecUR Credentials Ltd is in the business of employee background screening and Human Resource solutions providers[1]

Key Points

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.

  • Market Cap 6.41 Cr.
  • Current Price 1.56
  • High / Low 1.88 / 1.52
  • Stock P/E 0.78
  • Book Value 10.0
  • Dividend Yield 0.00 %
  • ROCE 9.40 %
  • ROE 4.80 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.16 times its book value

Cons

  • Company has high debtors of 293 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
8.27 10.05 10.92 22.10 12.37 11.42 12.00
6.37 8.09 9.41 19.70 8.98 6.94 5.55
Operating Profit 1.90 1.96 1.51 2.40 3.39 4.48 6.45
OPM % 22.97% 19.50% 13.83% 10.86% 27.41% 39.23% 53.75%
0.02 0.24 0.05 0.12 0.04 0.74 0.08
Interest 0.59 0.93 0.29 0.83 0.73 0.62 0.59
Depreciation 0.47 0.84 0.73 0.54 0.83 0.94 0.95
Profit before tax 0.86 0.43 0.54 1.15 1.87 3.66 4.99
Tax % 44.19% -58.14% 50.00% 35.65% 59.89% 16.67% 26.25%
0.48 0.69 0.27 0.74 0.76 3.06 3.68
EPS in Rs 0.12 0.17 0.07 0.18 0.18 0.74 0.90
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 TTM
0.00 42.60 51.33 57.89
0.00 34.81 43.99 41.17
Operating Profit 0.00 7.79 7.34 16.72
OPM % 18.29% 14.30% 28.88%
0.00 -2.59 0.40 0.98
Interest 0.00 4.21 2.29 2.77
Depreciation 0.00 2.92 2.03 3.26
Profit before tax 0.00 -1.93 3.42 11.67
Tax % 12.44% 39.77%
0.00 -2.16 2.05 8.24
EPS in Rs 0.00 -0.52 0.50 2.00
Dividend Payout % 0.00% 5.96%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 234%
Stock Price CAGR
10 Years: %
5 Years: 1%
3 Years: -60%
1 Year: -13%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Sep 2022
Equity Capital 4.89 4.89 10.27
Reserves 36.81 38.87 31.03
17.64 18.39 20.79
24.83 36.09 35.50
Total Liabilities 84.17 98.24 97.59
12.32 12.58 13.93
CWIP 0.00 1.99 3.31
Investments 0.01 0.02 0.02
71.84 83.65 80.33
Total Assets 84.17 98.24 97.59

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
-3.81 5.40
11.65 -4.37
-13.03 -1.24
Net Cash Flow -5.19 -0.21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
Debtor Days 346.32 293.46
Inventory Days
Days Payable
Cash Conversion Cycle 346.32 293.46
Working Capital Days 166.22 181.26
ROCE % 9.40%

Insights

In beta
Mar 2018 Dec 2019 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Number of Employees
Count ・Standalone data

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Branch Network Presence (Cities)
Count ・Standalone data
Number of Clients
Count ・Standalone data
Unbilled Revenue (as reported in audit qualification)
INR Lakhs ・Standalone data

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
0.23% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
99.76% 99.99% 100.00% 99.99% 100.00% 100.00% 100.01% 100.00% 100.00% 100.00% 100.01% 100.01%
No. of Shareholders 5,9956,2336,7508,5019,62610,06312,88513,87013,97713,94713,94713,947

Documents