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Palash Securities Ltd

(PALASHSECU)

₹144.930.53%

as on 04:01PM, 13 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹142.99
    ₹149
  • 52 Week's Low

    52 Week's High

    ₹100.95
    ₹182.8
1 Month Return+ 7.64 %
3 Month Return+ 9.15 %
1 Year Return+ 38.63 %
Previous Close₹145.70
Open₹149.00
Volume19.81K
Upper Circuit-
Lower Circuit-
Market Cap₹145.75Cr

Key Statistics

P/E Ratio-19.27
PEG Ratio-2.34
Market Cap₹145.75 Cr
P/B Ratio3.83
EPS-15.76
Dividend Yield0
SectorFinance
ROE0.52

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹145.75 Cr54.91%0.50-₹16 Cr₹40 Cr
NA₹11.09 Cr98.46%0.77NANA
NA₹88.84 Cr217.14%0.50NANA
NA₹34.40 Cr0.34%0.51-₹8 Cr₹1 Cr
NA₹272.65 Cr218.59%0.88NANA

Company Information

Palash Securities Limited was incorporated in 2015 and operates as a Core Investment Company (CIC) under RBI guidelines, investing in group companies, immovable properties, and securities. The Palash group has five wholly owned subsidiaries, including Hargaon Investment and Trading Co. Ltd., OSM Investment and Trading Co. Ltd., Champaran Marketing Co. Ltd., Allahabad Canning Ltd., and Hargaon Properties Ltd. Allahabad Canning Ltd. is engaged in food processing and the other companies focus on investments and NBFC activities. In 2017, Palash Securities underwent a business realignment process from OSML, transferring assets and liability for food processing and investments from OSML to Palash, and transferring food processing from Palash to Allahabad Canning Ltd. In 2020-21, rights were issued to allocate 1208305 equity shares as an offer from Allahabad Canning Ltd. to Palash’s subsidiaries. This offer was of Rs 10 face value and a premium of Rs 65.80, bringing the total to Rs 9.16 crores. The entire offered shares have been successfully renounced.

Share Price: ₹144.93 per share as on 13 Sep, 2024 04:01 PM
Market Capitalisation: ₹145.75Cr as of today
Revenue: ₹6.65Cr as on June 2024 (Q2 24)
Net Profit: ₹-3.28Cr as on June 2024 (Q2 24)
Listing date: 28 Jul, 2017
Chairperson Name: Shalini Nopany
OrganisationPalash Securities Ltd
Headquarters
IndustryFinance
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Key events for Palash Securities Ltd

  • Palash Securities Reports Decline in Net Sales - 26 Aug, 2024

    Palash Securities reported a 20.01% decline in net sales to Rs 6.49 crore for June 2024. The company also faced a net loss of Rs 2.22 crore, up 47.96% year-on-year. Despite these challenges, shares closed at Rs 149.18, reflecting a 21.98% return over the last six months and 44.83% over the past year.

Insights on Palash Securities Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -3.29 Cr → -2.22 Cr (in ₹), with an average increase of 48.2% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 72.11% to 72.18% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Tata Investment Corporation Ltd has given 182.8% return, outperforming this stock by 144.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Investment Corporation Ltd has given 446.7% return, outperforming this stock by 347.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, PALASHSECU stock has moved down by -2.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 9.67 Cr → 6.65 Cr (in ₹), with an average decrease of 31.2% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.14% to 27.06% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹8.21Cr (-)₹14.53Cr (↑76.98%)₹8.96Cr (↓38.33%)₹9.67Cr (↑7.92%)₹6.65Cr (↓31.23%)
Net Income-₹6.18Cr (-)-₹1.34Cr (↓78.32%)-₹3.46Cr (↑158.21%)-₹4.78Cr (↑38.15%)-₹3.28Cr (↓31.38%)
Net Profit Margin-75.27% (-)-9.22% (↓87.75%)-38.62% (↑318.87%)-49.43% (↑27.99%)-49.32% (↓0.22%)
Value in ₹ crore
Details2021202220232024
Total Assets₹25.74Cr (-)₹29.20Cr (↑13.44%)₹33.28Cr (↑13.97%)₹31.68Cr (↓4.81%)
Total Liabilities₹2.70Cr (-)₹2.74Cr (↑1.48%)₹2.98Cr (↑8.76%)₹0.54Cr (↓81.88%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹0.01Cr (-)₹2.69Cr (↓27,000.00%)₹1.67Cr (↓37.92%)₹2.68Cr (↑60.48%)-₹0.13Cr (↓104.85%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.18%
0.10
Foreign Institutions
0%
0.00
Mutual Funds
0.01%
0.00
Retail Investors
27.06%
-0.27
Others
0.75%
0.00

Key Indicators

Details2021202220232024
Return On Equity %12.296.614.370.52
Details20202021202220232024
Return On Assets %-8.54-49.84-29.28-46.78-30.37
Details20202021202220232024
Book Value Per Share (₹)161.99277.84548.27384.74482.66
Details20202021202220232024
Earning Per Share (₹)-1.93-12.83-8.54-16.25-15.76

Palash Securities Ltd Valuation

Palash Securities Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-21.65x)

August 27, 2024

Today (-19.27x)

September 12, 2024

Industry (27.90x)

September 12, 2024

Highest (226.87x)

January 9, 2020

LowHigh

Earnings and Dividends

  • Palash Securities Ltd Earnings Results

    Palash Securities Ltd’s net profit jumped 48.01% since last year same period to ₹-2.22Cr in the Q1 2024-2025. On a quarterly growth basis, Palash Securities Ltd has generated 32.52% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Palash Securities Ltd is currently in a Neutral trading position according to technical analysis indicators.

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Palash Securities Ltd (PALASHSECU) share price today is ₹144.93

Palash Securities Ltd is listed on NSE

Palash Securities Ltd is listed on BSE

  • Today’s highest price of Palash Securities Ltd is ₹149.
  • Today’s lowest price of Palash Securities Ltd is ₹142.99.

PE Ratio of Palash Securities Ltd is -19.27

PE ratio = Palash Securities Ltd Market price per share / Palash Securities Ltd Earnings per share

Today’s traded volume of Palash Securities Ltd(PALASHSECU) is 19.81K.

Today’s market capitalisation of Palash Securities Ltd(PALASHSECU) is ₹145.75Cr.

Palash Securities Ltd(PALASHSECUPrice
52 Week High
₹182.8
52 Week Low
₹100.95

Palash Securities Ltd(PALASHSECU) share price is ₹144.93. It is down -20.72% from its 52 Week High price of ₹182.8

Palash Securities Ltd(PALASHSECU) share price is ₹144.93. It is up 43.57% from its 52 Week Low price of ₹100.95

Palash Securities Ltd(PALASHSECUReturns
1 Day Returns
-0.77%
1 Month Returns
7.64%
3 Month Returns
9.15%
1 Year Returns
38.63%