Safecure Services Ltd
Incorporated in 2012, Safecure Services Ltd provides security and related services[1]
- Market Cap ₹ 25.0 Cr.
- Current Price ₹ 24.9
- High / Low ₹ 81.6 / 18.6
- Stock P/E 4.67
- Book Value ₹ 46.3
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 16.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.54 times its book value
- Company has delivered good profit growth of 44.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.8% over past five years.
- Tax rate seems low
- Company has high debtors of 175 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 126 days to 253 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.
Peer comparison
Consumer Discretionary Consumer Services Other Consumer Services Other Consumer Services
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 31.46 | 29.44 | 38.90 | 52.33 | 60.87 | 54.86 | |
| 29.19 | 27.32 | 33.40 | 44.83 | 52.37 | 46.88 | |
| Operating Profit | 2.27 | 2.12 | 5.50 | 7.50 | 8.50 | 7.98 |
| OPM % | 7.22% | 7.20% | 14.14% | 14.33% | 13.96% | 14.55% |
| 0.06 | 0.04 | 0.20 | 0.24 | 0.18 | 0.21 | |
| Interest | 0.86 | 0.86 | 1.49 | 1.50 | 1.89 | 1.88 |
| Depreciation | 0.36 | 0.30 | 0.70 | 0.85 | 0.87 | 0.96 |
| Profit before tax | 1.11 | 1.00 | 3.51 | 5.39 | 5.92 | 5.35 |
| Tax % | 22.52% | 27.00% | 11.11% | 10.95% | 12.84% | -0.19% |
| 0.86 | 0.73 | 3.12 | 4.80 | 5.16 | 5.35 | |
| EPS in Rs | 4.89 | 4.15 | 17.73 | 6.82 | 7.33 | 5.33 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 12% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 20% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 27% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.76 | 1.76 | 1.76 | 7.04 | 7.04 | 10.04 |
| Reserves | 2.65 | 3.38 | 5.66 | 5.27 | 10.37 | 36.45 |
| 5.07 | 8.16 | 7.99 | 8.95 | 13.93 | 7.89 | |
| 4.36 | 5.80 | 6.98 | 6.07 | 9.00 | 3.44 | |
| Total Liabilities | 13.84 | 19.10 | 22.39 | 27.33 | 40.34 | 57.82 |
| 2.24 | 2.16 | 3.01 | 3.00 | 3.91 | 5.60 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | 1.52 | 1.52 | 1.52 | 1.52 |
| 11.60 | 16.94 | 17.86 | 22.81 | 34.91 | 50.70 | |
| Total Assets | 13.84 | 19.10 | 22.39 | 27.33 | 40.34 | 57.82 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -2.71 | 4.67 | 0.46 | -1.41 | -5.33 | ||
| 0.11 | -0.83 | -0.49 | -1.46 | -10.87 | ||
| 2.92 | -3.83 | 0.30 | 2.92 | 16.08 | ||
| Net Cash Flow | 0.32 | 0.01 | 0.26 | 0.05 | -0.12 | |
| Free Cash Flow | -2.93 | 3.85 | -0.79 | -2.71 | -7.74 | |
| CFO/OP | -128% | 89% | 14% | -8% | -58% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 116.25 | 144.31 | 119.26 | 114.67 | 156.75 | 175.25 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 116.25 | 144.31 | 119.26 | 114.67 | 156.75 | 175.25 |
| Working Capital Days | 70.89 | 97.33 | 13.51 | 46.10 | 80.17 | 253.02 |
| ROCE % | 16.68% | 34.83% | 37.58% | 29.70% | 16.87% |
Documents
Announcements
-
Clarification On Significant Movement In Price Of Company''s Shares
- Company replied to BSE on price movement, denying any undisclosed price-sensitive information.
-
Clarification sought from Safecure Services Ltd
- Exchange has sought clarification from Safecure Services Ltd on September 29, 2026 with reference to significant movement in price, in order to ensure that investors …
- Closure of Trading Window
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- Safecure Services held its 14th AGM on September 25, 2026, approving financials and director appointments.
Business Overview:[1]
SCSL provides security and allied services directly and through subsidiaries. Its operations include manned guarding, security training, event security, and interior fit-outs, along with emergency response, loss prevention, asset protection and mobile patrolling.
Through its subsidiaries, SCSL also provides facility management, ATM repair & maintenance, and alarm monitoring/response services, including installation of electronic security systems.