Summit Securities Ltd
Summit Securities Ltd is a non-deposit taking NBFC registered with RBI and is engaged in the business of investments in shares and securities.[1]
- Market Cap ₹ 1,560 Cr.
- Current Price ₹ 1,431
- High / Low ₹ 3,726 / 1,130
- Stock P/E 16.6
- Book Value ₹ 10,300
- Dividend Yield 0.00 %
- ROCE 1.39 %
- ROE 1.07 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.14 times its book value
- Company's median sales growth is 76.3% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.99% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 15 | 26 | 53 | 5 | 141 | 38 | 82 | 29 | 74 | 51 | 102 | 148 | |
| 3 | 2 | 2 | 3 | 3 | 3 | 3 | 12 | 3 | 4 | 4 | 4 | 10 | |
| Operating Profit | 16 | 13 | 25 | 51 | 3 | 138 | 35 | 70 | 26 | 70 | 47 | 98 | 138 |
| OPM % | 86% | 89% | 94% | 95% | 54% | 98% | 92% | 86% | 89% | 95% | 93% | 96% | 93% |
| -0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 1 | -0 | 0 | -14 | |
| Interest | 0 | -0 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 16 | 13 | 25 | 51 | 3 | 138 | 35 | 70 | 26 | 71 | 47 | 98 | 124 |
| Tax % | 14% | 2% | 0% | 1% | -107% | 12% | 2% | -2% | 29% | 29% | 21% | 23% | |
| 13 | 13 | 25 | 50 | 7 | 121 | 34 | 72 | 18 | 51 | 37 | 76 | 88 | |
| EPS in Rs | 12.27 | 11.76 | 22.61 | 45.93 | 6.35 | 111.26 | 31.62 | 66.09 | 16.79 | 46.63 | 33.99 | 69.47 | 80.38 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 22% |
| 3 Years: | 52% |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 17% |
| 3 Years: | 61% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 30% |
| 3 Years: | 33% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 419 | 435 | 460 | 511 | 518 | 639 | 3,661 | 2,289 | 4,925 | 4,471 | 5,095 | 9,015 | 11,218 |
| 0 | -0 | 0 | 0 | 0 | 17 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| 7 | 10 | 10 | 9 | 4 | 23 | 347 | 161 | 499 | 455 | 534 | 1,051 | 1,740 | |
| Total Liabilities | 437 | 456 | 481 | 531 | 533 | 690 | 4,019 | 2,461 | 5,435 | 4,936 | 5,640 | 10,078 | 12,968 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 425 | 452 | 475 | 494 | 522 | 667 | 4,012 | 2,427 | 5,426 | 4,903 | 5,612 | 10,071 | 12,916 |
| 12 | 4 | 5 | 37 | 11 | 24 | 7 | 34 | 9 | 33 | 28 | 6 | 53 | |
| Total Assets | 437 | 456 | 481 | 531 | 533 | 690 | 4,019 | 2,461 | 5,435 | 4,936 | 5,640 | 10,078 | 12,968 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 21 | 24 | 48 | 2 | 31 | -4 | 80 | -1 | 47 | 38 | 36 | |
| -16 | -25 | -22 | -18 | -30 | -37 | 10 | -54 | -23 | -22 | -43 | -57 | |
| 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Net Cash Flow | -4 | -3 | 2 | 30 | -28 | -6 | 6 | 25 | -25 | 25 | -5 | -21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Inventory Days | -0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Working Capital Days | -22 | -225 | -121 | -48 | 42 | 1 | -30 | -19 | -53 | -19 | -30 | -15 |
| ROCE % | 4% | 3% | 5% | 10% | 1% | 23% | 2% | 2% | 1% | 2% | 1% | 1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Feb - Newspaper clipping regarding extract of the Unaudited Financial Results of the Company of the quarter ended December 31, 2024, published in english newspaper and regional …
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Announcement Under Regulation 30 (LODR)-Code Of Conduct Under SEBI (PIT) Regulations, 2015
31 Jan - Board approved unaudited financial results and policy changes.
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Integrated Filing (Financial)
31 Jan - Integrated filing of financial results for Q3 2024.
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Unaudited Standalone And Consolidated Financial Result(S) For The Quarter And Nine Months Ended December 31, 2024
31 Jan - Board approved unaudited financial results for Q3 2024.
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Board Meeting Outcome for Outcome Of Board Meeting
31 Jan - Board approved Q3 results and policy amendments.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Corporate Background
Summit Securities Limited (formerly RPG Itochu Finance Limited) was originally incorporated in India in 1997.The Co. has obtained registration as a NBFC from RBI. Pursuant to a scheme of arrangement between erstwhile Summit Securities Limited and Brabourne Enterprises Limited (Brabourne) and Octav Investments Limited (Octav) and CHI Investments Limited (CHI) and the Co., the Co. took over the entire assets and liabilities of CHI, erstwhile Summit, Brabourne and Octav with effect from the appointed date of the Scheme of arrangement i.e. March 31, 2009. The assets taken over were predominantly the investments held by the transferor companies in various listed and unlisted companies. [1]