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Clear Secured Services Ltd (CSSL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: CSSL Professional Services | Small Cap | Clear Secured Serv. Share Price

BSE Share Price
Not Listed

Clear Secured Services Ltd (CSSL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: CSSL Professional Services | Small Cap | Clear Secured Serv. Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹220 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹12.6
TTM Sales
₹778 Cr.
Book Value per Share
₹92.9
P/E Ratio
7.27
Lower than its 5-year historical median
Industry PE
39
Price to Book (P/B)
0.98
Lower than its 5-year historical median
Price to Sales (P/S)
0.28
Lower than its 5-year historical median
EV/EBITDA
5.25
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
10.74%
Underperforms industry median
Return on Capital Employed (ROCE)
16.16%
Outperforms industry median
Return on Assets (ROA)
5.07%
Operating Profit Margin
6.6%
Net Profit Margin
2.08%
Gross Profit Margin
5.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
54.27%
Operating Profit Growth (1 Year)
-
41.05%
Net Profit Growth (1 Year)
-
-17.88%
Asset Quality
Promoter Holding
73.03%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹199 Cr.
Equity
₹24.1 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Clear Secured Services stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Clear Secured Services Ltd a good quality company?
Clear Secured Services Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Clear Secured Services Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Clear Secured Services Ltd vs industry peers?
Clear Secured Services Ltd revenue CAGR is 22.82%, compared to the industry median CAGR of 22.57%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Clear Secured Services Ltd?
Promoters hold 73.03% of the Clear Secured Services Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Clear Secured Services Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

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.
Clear Secured Services Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10%13%16.2%16.2%-
Value Creation
Index
-0.3-0.10.20.2-

Growth Parameters

Sales 232247279431358
Sales YoY Gr.-6.3%13%54.3%-
Adj EPS 34.46.99.46.4
YoY Gr.-47.8%58.3%35.5%-
BVPS (₹) 44.448.759.162.387.3
Adj Net
Profit
4.77111515
Cash Flow from Ops. 11.8-6.78.5-33.1-
Debt/CF from Ops. 1.7-5.55.5-2.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA22.8%54.3%
Adj EPS NANA46.9%35.5%
BVPSNANA12%5.3%
Share Price - - - -

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
6.79.412.815.48.5
Op. Profit
Mgn %
4.767.37.2NAN
Net Profit
Mgn %
22.843.54.3
Debt to
Equity
0.30.50.50.9-
Working Cap
Days
01301251140
Cash Conv.
Cycle
07063540

Valuation of Clear Secured Serv. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'23Mar'24Mar'25
Sales309348476
Operating Expenses + 294325445
Manufacturing Costs4992128
Material Costs112120202
Employee Cost 125109105
Other Costs 7510
Operating Profit 152231
Operating Profit Margin (%) 5.0%6.4%6.6%
Other Income + 337
Exceptional Items -00-8
Interest 4410
Depreciation 432
Profit Before Tax 101817
Tax 367
Profit After Tax 71210
PAT Margin (%) 2.2%3.5%2.1%
Adjusted EPS (₹)4.37.66.2
Dividend Payout Ratio (%)0%0%0%
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 758797
Share Capital 000
Reserves 758797
Debt +415195
Long Term Debt131413
Short Term Debt283782
Minority Interest-0-0-0
Trade Payables612
Others Liabilities 272731
Total Liabilities 150166225

Fixed Assets

Net Fixed Assets +181617
Gross Block444548
Accumulated Depreciation262931
CWIP 189
Investments 123
Inventories9910
Trade Receivables544982
Cash Equivalents 1825
Others Assets 488099
Total Assets 150166225
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity + -21-22
PBT 101817
Adjustment 5614
Changes in Working Capital -14-18-50
Tax Paid -2-5-4
Cash Flow From Investing Activity + -14-22-11
Capex -1-8-3
Net Investments -14-21-15
Others 277
Cash Flow From Financing Activity + 19537
Net Proceeds from Shares 000
Net Proceeds from Borrowing 61-1
Interest Paid -3-4-10
Dividend Paid 000
Others 16848
Net Cash Flow 3-163
PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)9.114.8510.74
ROCE (%)11.3517.0616.16
Asset Turnover Ratio2.072.22.43
PAT to CFO Conversion(x)-0.290.08-2.2
Working Capital Days
Receivable Days63.6053.8049.90
Inventory Days11.109.607.10
Payable Days20.9011.602.60

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Clear Secured Services Ltd FAQs

The current trading price of Clear Secured Serv. on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Clear Secured Serv. stood at ₹219.7 Cr

The latest P/E ratio of Clear Secured Serv. as of 31-Dec-1969 is 14.39.

The latest P/B ratio of Clear Secured Serv. as of 31-Dec-1969 is 1.05.

The 52-week high of Clear Secured Serv. is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Clear Secured Serv. is ₹358 ( Cr.) .

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Clear Secured Services Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Clear Secured Services Ltd

Clear Secured Services was originally formed as a Private Limited Company in the name of ‘Clear Secured Services Private Limited’ under the provisions of the Companies Act, 1956 on October 14, 2008. Subsequently, the company was converted into a Public Limited Company under the Companies Act, 2013 pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the company held on February 11, 2025 and the name was changed to ‘Clear Secured Services Limited’ on March 06, 2025.

It provides a range of services aimed at improving operational efficiency and supporting business functions across different sectors. It specializes in Integrated Facility Management (IFM), offering both soft services - such as housekeeping, security services, payment management services, and staffing services - and hard services, including electro-mechanical services, repair and maintenance services, facade cleaning and pest control services. These services are tailored to meet the operational needs of commercial and industrial clients, focusing on cleanliness, safety, and reliability. Under Support Services, it also delivers Total Infrastructure Solutions (TIS), which include interior design, plumbing, fire safety, and office furniture services. These are designed to improve workplace functionality and design. In the agro-food sector, it assists with the sourcing and trading of millets and wheat. Its Telecom Infrastructure Solutions cover mobile tower installations, while its Cash Van service supports the secure transport of cash for ATM operations. Through its service network and domain experience, it helps businesses manage routine operations, allowing them to focus on their primary activities.

Its operations prioritize efficiency, regulatory compliance, and consistent service delivery across regions. It has established processes for contract management, recruitment, labour compliance, and cost control. Technology and process improvements are used to maintain service quality and address client needs. It also focuses on employee welfare, business development, and managing relationships with stakeholders to support long-term engagement. It received several quality certifications for its management systems including ISO 9001:2015 (Quality Management System), ISO 45001:2018 (Occupational Health & Safety Management System), ISO/IEC 27001:2022 (Information Security Management System), and SA 8000:2014 (Social Accountability System), and ISO 20000-1:2018 (Information Technology Service Management). 

Business area of the company

The company is providing a range of services aimed at improving operational efficiency and supporting business functions across different sectors. It specializes in Integrated Facility Management (IFM), offering both soft services and hard services. These services are tailored to meet the operational needs of commercial and industrial clients, focusing on cleanliness, safety, and reliability.

Services of the company

Integrated Facility Management (IFM)

Soft services

  • Housekeeping
  • Security Services
  • Payment Management Services
  • Staffing Services

Hard services

  • Electro-Mechanical Services
  • Repairs and Maintenance (R&M) Services
  • Facade Cleaning
  • Pest Control

Support Services

  • Total Infrastructure Solutions (TIS)
  • Trading of Agro Foods
  • Business Support Services
  • Telecom Infrastructure Solutions
  • Cash Van 

History and millstones

  • 2008: Incorporation of the company 
  • 2010: Started as TIS with Kotak Mahindra Bank Limited for their branches; 
  • 2014: Started HR and Telecom verticals 
  • 2016: Commissioned e-Surveillance ops through its own network operations center (NOC) ex-Chunabhatti; first PSARA license acquired by CSS; commenced first level maintenance (FLM) for FSS; started annual maintenance contracts (AMCs) for ACs. 
  • 2017: PSARA licenses had been acquired for 11 states; forayed into cash loading (CRA ops); the company started on the digital bandwagon through Fencer software; started TIS for one of its customers; entered mandate collection for Bajaj Finance Limited (BFL), and started R&M ops for Kotak Mahindra Bank Limited. 
  • 2018: Consolidated manpower services vertical; started learning and development (L&D) vertical; and undertook work under Hitachi for technical services of checking the efficacy of and of maintaining CCTVs, DVRs, and hard disks at the ATM kiosks;  
  • 2021: Acquisition of Barfi Steels LLP as Wholly Owned Subsidiary 
  • 2024: Incorporation of Wholly Owned Subsidiary Company, Clear Secured Ventures Private Limited.  
  • 2025: Conversion of the company from private limited to public limited.  
  • 2025: Acquisition of Comfort Techno Services Private Limited as Wholly Owned Subsidiary.

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