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 ₹ 1,335 Cr.
- Current Price ₹ 1,224
- High / Low ₹ 1,508 / 581
- Stock P/E 20.1
- Book Value ₹ 7,163
- Dividend Yield 0.00 %
- ROCE 0.98 %
- ROE 0.77 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.17 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -18.6% over past five years.
- Company has a low return on equity of 0.81% 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15 | 19 | 15 | 26 | 53 | 5 | 141 | 38 | 82 | 29 | 74 | 51 | 90 | |
| 1 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 12 | 3 | 4 | 4 | 4 | |
| Operating Profit | 13 | 16 | 13 | 25 | 51 | 3 | 138 | 35 | 70 | 26 | 70 | 47 | 86 |
| OPM % | 92% | 86% | 89% | 94% | 95% | 54% | 98% | 92% | 86% | 89% | 95% | 93% | 95% |
| 0 | -0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 1 | -0 | 0 | |
| 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 | 13 | 16 | 13 | 25 | 51 | 3 | 138 | 35 | 70 | 26 | 71 | 47 | 86 |
| Tax % | 7% | 14% | 2% | 0% | 1% | -107% | 12% | 2% | -2% | 29% | 29% | 21% | |
| 13 | 13 | 13 | 25 | 50 | 7 | 121 | 34 | 72 | 18 | 51 | 37 | 66 | |
| EPS in Rs | 11.54 | 12.27 | 11.76 | 22.61 | 45.93 | 6.35 | 111.26 | 31.62 | 66.09 | 16.79 | 46.63 | 33.99 | 60.91 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | -19% |
| 3 Years: | -15% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | -21% |
| 3 Years: | -20% |
| TTM: | 93% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 13% |
| 3 Years: | 34% |
| 1 Year: | 102% |
| 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 406 | 419 | 435 | 460 | 511 | 518 | 639 | 3,661 | 2,289 | 4,925 | 4,471 | 5,095 | 7,798 |
| -0 | 0 | -0 | 0 | 0 | 0 | 17 | -0 | -0 | -0 | -0 | -0 | -0 | |
| 8 | 7 | 10 | 10 | 9 | 4 | 23 | 347 | 161 | 499 | 455 | 534 | 892 | |
| Total Liabilities | 425 | 437 | 456 | 481 | 531 | 533 | 690 | 4,019 | 2,461 | 5,435 | 4,936 | 5,640 | 8,701 |
| 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 | 409 | 425 | 452 | 475 | 494 | 522 | 667 | 4,012 | 2,427 | 5,426 | 4,903 | 5,612 | 8,678 |
| 16 | 12 | 4 | 5 | 37 | 11 | 24 | 7 | 34 | 9 | 33 | 28 | 22 | |
| Total Assets | 425 | 437 | 456 | 481 | 531 | 533 | 690 | 4,019 | 2,461 | 5,435 | 4,936 | 5,640 | 8,701 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 12 | 21 | 24 | 48 | 2 | 31 | -4 | 80 | -1 | 47 | 38 | |
| 3 | -16 | -25 | -22 | -18 | -30 | -37 | 10 | -54 | -23 | -22 | -43 | |
| -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Net Cash Flow | 4 | -4 | -3 | 2 | 30 | -28 | -6 | 6 | 25 | -25 | 25 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Inventory Days | -0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Working Capital Days | -60 | -22 | -225 | -121 | -48 | 42 | 1 | -30 | -19 | -53 | -19 | -30 |
| ROCE % | 3% | 4% | 3% | 5% | 10% | 1% | 23% | 2% | 2% | 1% | 2% | 1% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 Apr
-
Compliance Certificate For The Period Ended March 31, 2024
8 Apr - Compliance certificate pursuant to Regulation 7(3) of the SEBI (LODR) Regulation, 2015.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2008
from bse
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]