Khandwala Securities Ltd - Stock Valuation and Financial Performance

BSE: 531892 | NSE: KHANDSE | Finance - Stock Broking | Small Cap

Khandwala Securities Share Price

28.50 0.90 3.26%
as on 20-Dec'24 16:59

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Khandwala Securities stock performance -

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P/E Ratio (SA):
67.82
Market Cap:
43.5 Cr.
52-wk low:
22.9
52-wk high:
37.3

Is Khandwala Securities Ltd an attractive stock to invest in?

1. Is Khandwala Securities Ltd a good quality company?

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

2. Is Khandwala Securities Ltd undervalued or overvalued?

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

3. Is Khandwala Securities Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Khandwala 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 Khandwala 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.
Khandwala Securities Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 2.1%-1.2%-0.8%-1.6%1.2%-9%-3.3%2.8%2.8%1.4%-
Value Creation
Index
-0.9-1.1-1.1-1.1-0.9-1.7-1.2-0.8-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4.533.73.53.42.73.66.16.38.511
Sales YoY Gr.--32.5%23.3%-4.6%-5.1%-18.5%31.4%69.4%2.6%36.1%-
Adj EPS 0.2-0.6-0.5-0.60.2-3-1.40.10.30.10.4
YoY Gr.--381%NANANA-1975%NANA190%-62.1%-
BVPS (₹) 23.322.722.221.621.718.617.217.419.819.920.3
Adj Net
Profit
0.3-0.7-0.6-0.80.2-3.6-1.70.10.40.21
Cash Flow from Ops. -0.13.9-1.40.43.6-3.6-0.23.3-7.2-1.8-
Debt/CF from Ops. -21.70.8-2.271.4-1.8-33.42-0.4-0.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.5%20.5%33.3%36.1%
Adj EPS -6.9%-7.2%NA-62.1%
BVPS-1.7%-1.7%4.9%0.6%
Share Price 5.9% 12.7% 12% 11.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.9-2.6-2.3-2.90.7-14.9-7.70.61.80.62.1
Op. Profit
Mgn %
17.9-18-32.3-13.4-55.4-42.8-23.513.6217.3-35.8
Net Profit
Mgn %
5.6-23.3-16.4-21.25.7-131.1-45.927.126
Debt to
Equity
0.10.10.10.10.20.30.30.30.10.10
Working Cap
Days
2,3433,1072,4072,6192,8393,2232,4271,6471,6741,355281
Cash Conv.
Cycle
40162726315710-16-141-855-961-61310

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.10%

Sales growth is growing at healthy rate in last 3 years 33.26%

Sales growth is good in last 4 quarters at 49.71%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Khandwala Securities Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 0.4
TTM Sales (₹ Cr.) 10.6 10.6
BVPS (₹.) 20.3 19.9
Reserves (₹ Cr.) 16 15
P/BV 1.40 1.43
PE 67.82 68.03
From the Market
52 Week Low / High (₹) 22.92 / 37.28
All Time Low / High (₹) 5.05 / 467.00
Market Cap (₹ Cr.) 43.5
Equity (₹ Cr.) 15.3
Face Value (₹) 10
Industry PE 24.8

Management X-Ray of Khandwala Securities:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *23.8423.8423.8423.8423.8323.8023.7923.7923.6923.68
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Khandwala Securities

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income5.093.494.963.866.103.683.806.356.498.70
Interest Income4.463.013.713.543.362.743.606.106.268.52
Other Income 0.630.481.250.322.740.950.210.260.220.18
Expenditure 4.914.205.564.625.947.315.506.295.998.54
Interest Expense 0.530.320.350.280.230.820.740.710.340.27
Operating Expenses 4.233.804.364.275.214.114.665.515.067.15
Provisions 0.150.080.850.080.502.380.100.070.591.11
Exceptional Items 0000000000
Profit Before Tax 0.18-0.72-0.60-0.760.16-3.63-1.700.060.500.16
Taxes -0.07-0.010.01-0.01-0.04-0.04-0.05-0.060.05-0.01
Profit After Tax 0.25-0.70-0.61-0.750.19-3.59-1.650.120.440.17
Adjusted EPS (₹)0.2-0.6-0.5-0.60.2-3.0-1.40.10.30.1
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 Capital29.7829.0728.4727.7227.3423.7520.5720.7330.1230.31
Share Capital 13.9413.9413.9413.9413.4413.4411.9411.9415.2515.25
Reserves 15.8415.1414.5313.7813.9010.318.648.7914.8715.05
Minority Interest0000000000
Long Term Borrowings3.794.053.972.884.976.256.956.442.471.33
Current Liabilities 5.747.496.7010.1615.0410.3514.2520.4611.3116.25
Trade Payables4.827.076.279.6914.819.9812.4420.0410.9215.66
Short term borrowings0000000000
Other Liabilities-4.82-7.07-6.27-9.69-14.81-9.98-12.44-20.04-10.92-15.66
Total Liabilities 39.3140.6139.1340.7647.3540.3541.7747.6243.8947.89

Assets

Non Current Asset 24.7924.5423.9123.8926.6622.7028.1328.4922.8531.59
Loan Asset 0000000000
Other Non Current Asset 24.7924.5423.9123.8926.6622.7028.1328.4922.8531.59
Current Asset 14.5216.0715.2216.8720.6817.6513.6519.1421.0416.30
Current Investment000.030.030.150.050.070.061.522.87
Other Current Asset14.5216.0715.1916.8420.5317.6013.5819.0819.5313.43
Total Assets 39.3140.6139.1340.7647.3540.3541.7747.6243.8947.89

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -0.133.90-1.350.403.59-3.55-0.213.30-7.24-1.75
Cash Flow From Investing Activity 0.45-0.160.280.212-0.400.180.50-1.51-1.17
Cash Flow From Financing Activity -2.890.04-0.50-0.361.320.53-1.54-1.198.40-0.09
Net Cash Flow -2.563.79-1.570.266.90-3.42-1.572.62-0.34-3.01
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)0-1-1-10-3-1000
DPS (₹)0000000000
BVPS (₹)23232222221917172020

Performance Ratios

ROA (%)0.6-1.8-1.5-1.90.4-8.2-4.00.31.00.4
ROE (%)0.9-2.6-2.3-2.90.7-14.9-7.70.61.80.6
ROCE (%)2.1-1.2-0.8-1.61.2-9.0-3.32.82.81.4

Valuation Parameters

Price/Book(x)0.60.80.80.80.80.70.91.21.21.5

Khandwala Securities Ltd Stock News

Khandwala Securities Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Khandwala Securities on 20-Dec-2024 16:59 is ₹28.50.
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 20-Dec-2024 16:59 the market cap of Khandwala Securities stood at ₹43.47.
The latest P/E ratio of Khandwala Securities as of 20-Dec-2024 16:59 is 67.82.
The latest P/B ratio of Khandwala Securities as of 20-Dec-2024 16:59 is 1.40.
The 52-week high of Khandwala Securities is ₹37.28 and the 52-week low is ₹22.92.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Khandwala Securities is ₹10.64 ( Cr.) .

About Khandwala Securities Ltd

Khandwala Securities Ltd. (KSL), though having commenced operations in Feb 1993, has a group expertise in financial services dating back all the way to 1934. Today, they continue to demonstrate their value and expertise of several decades and are today ranked as one of the most reputed brokerage house in the country. KSL was incorporated as specialized broking, portfolio management, investment banking, and related financial services arm of the Group in 1993.

KSL is known for innovative initiatives as Principal broking Member of National Stock Exchange in PMS and Indian Capital Market Developments.

The company caters to several leading Foreign Institutional Investors, mutual funds, banks, corporate and High Net-Worth Individuals, both at domestic and international level.They have inherited a tradition. A tradition built on relationship, performance and trust. These values and principles of the Group are primarily responsible for achieving excellence in market intermediation and financial advisory services. And they take pride in doing this consistently, year after year, decade after decade.

KSL is a specialized Institutional Dealing and Investment Banking firm with an exemplary track record of cutting-edge research, service innovation, transaction execution and solution structuring. Part of a group with over seven decades of market intermediation and transaction execution expertise, KSL today is recognized as a specialist financial services firm delivering intelligent research, transaction execution, corporate advisory and structured fund raising services to its clients across multiple markets and geographies.

KSL's top management has combined wealth of experience of several decades in the Indian financial markets, led by eminent Board of Directors, with impeccable credentials.

KSL is corporate member of following segments:

  • NSE Capital Market
  • BSE Capital Market
  • NSE Futures & Options
  • NSE Currency Futures
  • NSE Wholesale Debt Market
  • National Commodity and Derivatives Exchange (NCDEX)
  • Over The Counter Exchange of India (OTCEI)

Services offered by the company:

  • Institutional Broking
  • Investment Banking
  • Corporate Advisory
  • Portfolio Management Services
  • Retail Financial Services
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