Indo Thai Securities Ltd

Indo Thai Securities Ltd

₹ 269 -1.39%
15 May - close price
About

Incorporated in 1995, Indo Thai Securities
Ltd is in the business as stock and share brokers[1]

Key Points

Business Overview:[1]
ITSL is a focal company of Indo Thai
Group of 16 companies which provides services to corporate clients, individuals
and retail investors, in over 60 locations
in India

  • Market Cap 2,949 Cr.
  • Current Price 269
  • High / Low 470 / 144
  • Stock P/E 44.6
  • Book Value 51.8
  • Dividend Yield 0.04 %
  • ROCE 34.6 %
  • ROE 28.6 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 45.5% CAGR over last 5 years
  • Debtor days have improved from 122 to 24.3 days.

Cons

  • Promoter holding has decreased over last 3 years: -15.7%

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
2 7 8 9 7 9 9 6 6 14 24 28 38
12 3 3 3 2 3 4 4 8 4 4 4 6
Operating Profit -10 4 6 6 4 6 6 2 -2 10 20 23 33
OPM % -470% 62% 66% 67% 63% 64% 60% 30% -34% 72% 84% 84% 85%
0 0 0 0 -0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -10 4 6 6 4 6 6 1 -2 10 19 23 31
Tax % -25% 26% 22% 15% 31% 16% 19% 21% 9% 12% 26% 25% 17%
-8 3 4 5 2 5 5 1 -3 9 14 17 26
EPS in Rs -0.76 0.31 0.43 0.54 0.25 0.50 0.45 0.09 -0.22 0.72 1.19 1.33 4.78
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
37 49 45 58 8 9 22 20 8 31 27 104
33 42 46 45 8 21 5 7 16 11 15 18
Operating Profit 4 7 -1 13 -0 -12 17 12 -9 20 12 86
OPM % 11% 14% -1% 22% -4% -128% 77% 62% -114% 65% 44% 83%
0 0 5 0 0 1 1 0 1 1 0 0
Interest 0 0 0 1 1 1 1 1 0 1 1 3
Depreciation 0 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 4 6 3 11 -2 -14 16 11 -9 20 10 83
Tax % 18% -0% -3% 23% -25% -20% 37% 13% -20% 22% 24% 20%
3 6 3 9 -1 -11 10 10 -7 15 8 66
EPS in Rs 0.30 0.63 0.33 0.87 -0.13 -1.08 1.02 0.99 -0.65 1.60 0.71 12.08
Dividend Payout % 34% 16% 30% 11% -76% 0% 10% 10% -9% 10% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 37%
3 Years: 139%
TTM: 288%
Compounded Profit Growth
10 Years: 26%
5 Years: 45%
3 Years: 130%
TTM: 702%
Stock Price CAGR
10 Years: 60%
5 Years: 119%
3 Years: 116%
1 Year: 50%
Return on Equity
10 Years: 12%
5 Years: 17%
3 Years: 21%
Last Year: 29%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 10 10 10 10 10 10 10 10 10 10 12 13
Reserves 30 35 37 46 47 35 45 54 49 63 168 271
4 0 0 5 8 8 1 2 4 6 4 25
9 4 10 15 18 18 22 42 45 42 45 66
Total Liabilities 53 49 57 75 83 70 79 109 107 122 228 374
3 6 3 10 10 10 11 12 11 13 13 14
CWIP 2 0 0 0 0 0 0 0 0 0 0 0
Investments 11 7 7 7 15 3 24 35 21 30 58 157
37 36 47 59 58 57 44 62 75 79 158 203
Total Assets 53 49 57 75 83 70 79 109 107 122 228 374

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-11 -8 0 7 4 13 4 5 1 -3 -22 -34
5 13 5 -5 -0 -14 4 -9 -2 3 -75 -22
1 -6 -1 3 -1 -2 -7 -1 0 0 95 58
Net Cash Flow -5 -1 4 6 3 -3 1 -4 0 1 -2 2
Free Cash Flow -13 -10 6 7 4 13 3 3 1 -5 -22 -35
CFO/OP -255% -116% -58% 74% -1,700% -110% 27% 50% -28% -2% -159% -25%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 98 81 100 138 1,063 423 59 49 138 90 251 24
Inventory Days 105 59
Days Payable 66 16
Cash Conversion Cycle 137 125 100 138 1,063 423 59 49 138 90 251 24
Working Capital Days 97 143 167 105 126 -39 -180 -567 -1,250 -246 -92 12
ROCE % 9% 15% -3% 23% -1% -21% 32% 20% -13% 28% 9% 35%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
Count

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Trading Turnover - F&O (Derivatives)
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Mutual Fund Assets Under Management (AUM)
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Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 72.18% 61.73% 60.87% 59.36% 56.77% 56.50%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.13% 0.52% 0.48% 1.17% 1.28% 1.22%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.19% 0.49%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.06% 0.05% 0.00% 0.00% 0.00% 0.00%
27.78% 27.78% 27.77% 27.77% 27.76% 27.76% 27.63% 37.69% 38.66% 39.47% 41.76% 41.79%
No. of Shareholders 3,9463,8533,8554,2634,0364,4104,8355,6265,42311,11215,93216,464

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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