Shardul Securities Ltd - Stock Valuation and Financial Performance

BSE: 512393 | NSE: SHRIYAMSEC | Finance - NBFC | Small Cap

Shardul Securities Share Price

473.35 9.25 1.99%
as on 05-Nov'24 00:00

DeciZen - make an informed investing decision on Shardul Securities

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Shardul Securities stock performance -

mw4me loader
P/E Ratio (SA):
4.98
Market Cap:
828.3 Cr.
52-wk low:
102.5
52-wk high:
556.9

Is Shardul Securities Ltd an attractive stock to invest in?

1. Is Shardul Securities Ltd a good quality company?

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

2. Is Shardul Securities Ltd undervalued or overvalued?

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

3. Is Shardul Securities Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shardul 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 Shardul 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.
Shardul 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.)9.11.18.44.25.23.820.711.53.5160185
YoY Gr. Rt. %--88.5%698.1%-49.4%23.6%-27.1%441.6%-44.6%-69.6%4475.4%-
Adj EPS (₹ ) 5.22.80.11.50-3.77.94.50.753.895
YoY Gr. Rt. %--47.1%-95.3%1015.4%-97.9%-12433.3%NA-43%-84.6%7701.5%-
BVPS (₹ )60.96362.463.8142.1119.5178.5221.5206.8315.8369.5
YoY Gr. Rt. %-3.4%-0.9%2.3%122.7%-15.9%49.3%24.1%-6.6%52.7%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)8.54.30.22.20-2.85.12.10.319.70

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income37.5%98.1%97.6%4475.4%
Adj EPS29.5%347.5%89.8%7701.5%
BVPS20.1%17.3%21%52.7%
Share Price 25.7% 63.8% 78.4% 333.5%

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 (%)100.8463.42.659.70.9-169.566.568.534.55989.9
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)8.94.50.22.30-2.85.32.30.320.625.7

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 27.70%

Total Income has increased 97.62 CAGR in last 3 years

Net Profit has increased 89.82 CAGR in last 3 years

Total income growth is good in last 4 quarters

No data to display

Latest Financials - Shardul Securities Ltd.

Standalone Consolidated
TTM EPS (₹) 95 107.8
TTM Sales (₹ Cr.) 185 219
BVPS (₹.) 369.5 448.6
Reserves (₹ Cr.) 629 768
P/BV 1.28 1.06
PE 4.98 4.39
From the Market
52 Week Low / High (₹) 102.50 / 556.85
All Time Low / High (₹) 1.00 / 619.95
Market Cap (₹ Cr.) 828
Equity (₹ Cr.) 17.5
Face Value (₹) 10
Industry PE 29.3

Management X-Ray of Shardul 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 Shardul 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
Income147965421123160
Interest Income91845421113160
Other Income 5611000001
Expenditure 32935132128
Interest Expense 0011100000
Operating Expenses 2222221126
Provisions 11602111002
Exceptional Items 0000000000
Profit Before Tax 115030-918102152
Taxes 20000-252158
Profit After Tax 95030-6148194
Adjusted EPS (₹)5.22.80.11.50.0-3.77.94.50.753.8
Dividend Payout Ratio (%)15%22%480%41%2,282%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 Capital107110109112249209312388362553
Share Capital 17171717171717171717
Reserves 89939294231192295370344535
Minority Interest0000000000
Long Term Borrowings11227217252121
Current Liabilities 3220000001
Trade Payables0000000000
Short term borrowings0000000000
Other Liabilities0000000000
Total Liabilities 111113112114256211329413384574

Assets

Non Current Asset 42595881209191302389358562
Loan Asset 0000000000
Other Non Current Asset 42595881209191302389358562
Current Asset 69555533472027242612
Current Investment000038141622217
Other Current Asset695555339611255
Total Assets 111113112114256211329413384574

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -42175415-1-1-922
Cash Flow From Investing Activity 38-108-202-16-710-31
Cash Flow From Financing Activity -1-30-1-1-100010
Net Cash Flow -6512-17235-912
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)53010-484154
DPS (₹)1111100000
BVPS (₹)61636264142120178222207316

Performance Ratios

ROA (%)8.54.30.22.20.0-2.85.12.10.319.7
ROE (%)8.94.50.22.30.0-2.85.32.30.320.6
ROCE (%)11.14.81.03.10.6-3.87.02.90.533.0

Valuation Parameters

Price/Book(x)0.70.70.70.70.40.40.30.40.50.5

Shardul Securities Ltd Stock News

Shardul Securities Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shardul Securities on 05-Nov-2024 00:00 is ₹473.4.
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 05-Nov-2024 00:00 the market cap of Shardul Securities stood at ₹828.3.
The latest P/E ratio of Shardul Securities as of 05-Nov-2024 00:00 is 4.98.
The latest P/B ratio of Shardul Securities as of 05-Nov-2024 00:00 is 1.28.
The 52-week high of Shardul Securities is ₹556.9 and the 52-week low is ₹102.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shardul Securities is ₹184.8 ( Cr.) .

About Shardul Securities Ltd

Shardul Securities, formerly known as Shriyam Securities and Finance Limited, is a flagship company of the Shriyam Group promoted by an young team of chartered accountants with immense experience in the finance industry. The company was promoted with the view to catering to the financial requirements of manufacturing and servicing industry by way of lease finance. The company changed to its present name in 2003.

However, due to change in policies the focus of the company shifted to investment banking activities and the company is presently engaged in investment in Equity / Debt / Merchant Banking / IPO Funding / Advisory Services and Broking Activities.

The company is also registered as NBFC with RBI besides being listed on the BSE. The company is managed and governed by board of directors consisting of eminent bankers, professionals and chartered accountants drawn from various Industries.

Services offered by the company:

Shardul Securities is engaged in Investment  in Equity, and trading in Bonds, Mutual Funds, Govt Securities and Treasury Bills, Commercial Papers, Certificate of Deposits, Derivatives including Options and Futures. IPO funding, Portfolio Management advisory services, Forex advisory services, Loan Syndications, Merchant Banking services including Issue management, Underwriting, mergers and acquisitions.

Subsidiary:

  • Shiryam Broking Intermediary Limited - for Broking and Merchant Banking activities, as wholly owned Subsidiary of Shardul Securities Limited.
  • Shardul Commodities International Limited - for Broking and Trading in Commodities as wholly owned subsidiary of Shardul Securities Limited.
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