Trustwave Securities Ltd - Stock Valuation and Financial Performance

BSE: 508963 | NSE: | Finance - NBFC | Small Cap

Trustwave Securities Share Price

31.50 0.60 1.94%
as on 03-Dec'24 16:59

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Trustwave Securities stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
20.2 Cr.
52-wk low:
12.6
52-wk high:
43

Is Trustwave Securities Ltd an attractive stock to invest in?

1. Is Trustwave Securities Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Trustwave Securities Ltd is a below average quality company.

2. Is Trustwave Securities Ltd undervalued or overvalued?

The key valuation ratios of Trustwave Securities Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Trustwave Securities Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Trustwave Securities Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Trustwave Securities:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Trustwave Securities Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Operating Income (₹ Cr.)00000.100.10.10.200
YoY Gr. Rt. %-NANANANA-92.3%500%66.7%50%-100%-
Adj EPS (₹ ) -0.1-0.1-0.1-00-0.3-0.1-0.10.1-0.1-0.2
YoY Gr. Rt. %-NANANANA-1033.3%NANANA-320%-
BVPS (₹ )-0.9-1-1.1-1.1-1-1.3-1.5-1.5-1.1-1.2-1.3
YoY Gr. Rt. %-NANANANANANANANANA-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)-1329-2073.1-2410.8-262.79.3-86.5-108.5-49115.8-278.10

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest IncomeNA-100%-100%-100%
Adj EPSNA-229.7%NA-320%
BVPSNANANANA
Share Price 13.3% 36.5% 133% 81.2%

Key Financial Ratios

RATIOS \ YEARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)000014.1-1296.4-158.8-43.523.30-INF
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)000000000024.2

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.90%

Total Income has declined 0.00 CAGR in last 3 years

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - Trustwave Securities Ltd.

Standalone Consolidated
TTM EPS (₹) -0.2 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -1.3 -
Reserves (₹ Cr.) -7 -
P/BV -24.25 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 12.64 / 43.04
All Time Low / High (₹) 0.50 / 80.00
Market Cap (₹ Cr.) 20.2
Equity (₹ Cr.) 6.5
Face Value (₹) 10
Industry PE 28.4

Management X-Ray of Trustwave Securities:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Trustwave Securities

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income000.010.090.290.040.060.100.160
Interest Income00000.130.010.060.100.150
Other Income 000.010.090.160.03000.010
Expenditure 0.040.060.060.100.270.220.140.140.120.07
Interest Expense 0000000000
Operating Expenses 0.040.060.060.090.270.220.140.140.110.07
Provisions 000000.010.01000
Exceptional Items 0000000000
Profit Before Tax -0.04-0.06-0.05-0.010.02-0.18-0.09-0.040.04-0.07
Taxes 000000000.010
Profit After Tax -0.04-0.06-0.05-0.010.02-0.18-0.09-0.040.03-0.07
Adjusted EPS (₹)-0.1-0.1-0.10.00.0-0.3-0.1-0.10.1-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Equity Capital-0.57-0.64-0.69-0.70-0.68-0.86-0.95-1-0.69-0.77
Share Capital 6.546.546.546.546.546.546.546.546.546.54
Reserves -7.11-7.18-7.23-7.24-7.22-7.40-7.49-7.53-7.23-7.30
Minority Interest0000000000
Long Term Borrowings0000.7010.841.0610.700.78
Current Liabilities 0.580.640.6900.080.050.030.030.020.01
Trade Payables000000000.010.01
Short term borrowings0.580.640.6900.0600000
Other Liabilities-0.57-0.64-0.690-0.06000-0.01-0.01
Total Liabilities 0000.010.390.020.140.030.030.02

Assets

Non Current Asset 0000000000
Loan Asset 0000000000
Other Non Current Asset 0000000000
Current Asset 0000.010.390.020.140.030.030.02
Current Investment0000000000
Other Current Asset0000.010.390.020.140.030.030.02
Total Assets 0000.010.390.020.140.030.030.02

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 000-0.650.03-0.19-0.12-0.040.02-0.08
Cash Flow From Investing Activity 0000000000
Cash Flow From Financing Activity 0000.6500.160.22-0.06-0.030.08
Net Cash Flow 00000.03-0.020.10-0.10-0.010
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)0000000000
DPS (₹)0000000000
BVPS (₹)-1-1-1-1-1-1-1-2-1-1

Performance Ratios

ROA (%)-1,329.0-2,073.1-2,410.8-262.09.3-86.5-108.0-49.0115.8-278.0
ROE (%)0.00.00.00.00.00.00.00.00.00.0
ROCE (%)-2,835.5-4,730.3-7,621.2-481.09.6-98.8-217.0-75.6582.4-767.0

Valuation Parameters

Price/Book(x)0.00.00.00.00.0-5.2-4.5-3.5-13.2-21.1

Trustwave Securities Ltd Stock News

Trustwave Securities Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Trustwave Securities on 03-Dec-2024 16:59 is ₹31.50.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Dec-2024 16:59 the market cap of Trustwave Securities stood at ₹20.20.
The latest P/E ratio of Trustwave Securities as of 03-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Trustwave Securities as of 03-Dec-2024 16:59 is -24.25.
The 52-week high of Trustwave Securities is ₹43.04 and the 52-week low is ₹12.64.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Trustwave Securities is ₹0.00 ( Cr.) .

About Trustwave Securities Ltd

Sterling Guaranty & Finance Limited was originally incorporated as Sterling Lease Finance Ltd. It is promoted by Dhiren D. Mehta & Associates. Company obtained certificate of commencement of business on January 2, 1984. Sterling came out with an initial public issue of 15,00,000 equity shares of Rs 10 each for cash at par which was fully subscribed on July 30, 1984. It is listed in Bombay Stock Exchange. Sterling Guaranty & Finance Ltd promoted Sterling Financial Services to become member of National Stock Exchange and OTC exchange of India.

Business area of the company

The company has several years’ experience of financial services in India. Range of services include as Tax Advisory on investments, Risk Advisory and Security Valuation, Arbitrage Strategy and Investment. Its services are currently used restricted to group companies. These services are rendered in diverse terms and forms to meet the group demands.

Business segments

  • Legal and Investment Consultancy
  • Investment in Securities
  • Stressed Asset

Milestones

  • 1983: The Company was originally incorporated as Sterling Lease Finance Limited and was promoted by Dhiren D. Mehta, a Chartered Accountant of repute. He continues to guide the Company as Chairman.
  • 1984: Received certificate of commencement of Business on January 2, 1984. The Company made public issue of Rs 15 Million by issuing 15 lac equity shares of Rs 10 each for cash at par with Canara Bank as Merchant Banker. Shares were listed in Bombay and Ahmadabad Stock Exchanges. Later shares were delisted in 2009 From Ahmedabad Stock Exchange.
  • 1991: The Company promoted Sterling Financial Services Ltd. now named as Indistock Securities Ltd. became members of National Stock Exchange and Sponsor member of OTC Exchange of India. It is an active member of NSE in all trading segments.
  • 1994: The Securities & Exchange Board of India registered Sterling Guaranty as a Cat.1 Merchant Bank. The Company helped about 25 companies to be listed.
  • 1995: The Company made second IPO of Rs 52.5 Million by issuing 2.7 Million equity shares of Rs 10 each at a premium of Rs 5 per share to the public and 0.80 Million shares to the promoters. Public IPO was oversubscribed by 7 times. The issue was lead managed by SBI Capital Markets Ltd. and the Industrial Finance Corporation India Ltd.
  • 1999: The Company obtained certificate of Registration Sr. No. 1301229 from Reserve Bank of India to carry on the business of Non-Banking Financial Institution. However at present it does not do any NBFC Business.
  • 2002-2004: The Company became debt free of Public and Bank Finance. All charges of the Assets stood closed.
  • 2016: The Company recommenced business operations.
  • 2018: The Company voluntarily surrendered its CoR as NBFC to RBI on April 4, 2018. The Company moved to do other business. At present the company doesn’t have any public debt or loan pending and don’t have any NBFC exposure. The Company has changed the object clause in the Memorandum of Association and Articles of Association to do business of dealing in Securities and Stressed Assets. The Company has also amended Articles relating to right of appointment of four Directors by its Promoter.
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