Summit Securities Ltd

Summit Securitie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Summit Securities Ltd

₹ 3,061 12.36%
08 Nov - close price
summitsecurities.net BSE: 533306 NSE: SUMMITSEC
About

Summit Securities Ltd is a non-deposit taking NBFC registered with RBI and is engaged in the business of investments in shares and securities.[1]

Key Points

Corporate Background
Summit Securities Limited (formerly RPG Itochu Finance Limited) was originally incorporated in India in 1997.The Co. has obtained registration as a NBFC from RBI. Pursuant to a scheme of arrangement between erstwhile Summit Securities Limited and Brabourne Enterprises Limited (Brabourne) and Octav Investments Limited (Octav) and CHI Investments Limited (CHI) and the Co., the Co. took over the entire assets and liabilities of CHI, erstwhile Summit, Brabourne and Octav with effect from the appointed date of the Scheme of arrangement i.e. March 31, 2009. The assets taken over were predominantly the investments held by the transferor companies in various listed and unlisted companies. [1]

Website BSE NSE
  • Market Cap ₹ 3,336 Cr.
  • Current Price ₹ 3,061
  • High / Low ₹ 3,398 / 1,033
  • Stock P/E 64.2
  • Book Value ₹ 4,487
  • Dividend Yield 0.00 %
  • ROCE 1.43 %
  • ROE 1.12 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.68 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 24.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 0.95% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

Part of BSE Allcap BSE Financial Services BSE SmallCap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
22 1 4 12 12 2 4 6 22 9 11 11 40
1 1 1 4 1 1 1 1 1 1 1 0 1
Operating Profit 22 0 3 8 11 1 3 5 21 9 10 10 39
OPM % 97% 22% 65% 67% 94% 69% 76% 90% 96% 94% 94% 96% 98%
1 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 22 0 3 8 11 1 3 5 21 9 10 10 39
Tax % 29% 21% 25% 28% 30% -154% 14% 13% 27% 14% 22% 17% 28%
16 0 2 6 8 3 3 4 15 7 8 8 28
EPS in Rs 14.66 0.14 1.79 5.26 7.34 2.75 2.49 4.06 14.19 6.77 7.20 7.79 25.90
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
13 6 9 17 3 86 14 31 15 30 26 47 71
2 1 1 1 1 2 2 7 2 3 2 3 3
Operating Profit 11 5 8 16 1 84 12 24 13 27 24 45 68
OPM % 83% 88% 87% 92% 52% 98% 85% 79% 86% 91% 91% 95% 96%
0 -0 0 0 0 0 0 0 0 1 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 10 5 8 16 2 84 12 24 13 28 24 45 68
Tax % 20% 4% 1% 1% -202% 11% 1% -4% 33% 29% 18% 22%
8 5 8 16 6 75 12 25 9 20 19 35 52
EPS in Rs 7.49 4.59 7.22 14.40 5.16 69.24 10.91 23.36 7.94 18.19 17.82 32.21 47.66
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 23%
5 Years: 27%
3 Years: 47%
TTM: 111%
Compounded Profit Growth
10 Years: 21%
5 Years: 24%
3 Years: 59%
TTM: 103%
Stock Price CAGR
10 Years: 26%
5 Years: 46%
3 Years: 61%
1 Year: 178%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 403 408 416 431 437 513 1,790 1,181 2,234 2,325 2,383 3,888 4,880
0 0 0 0 0 0 0 0 0 0 0 0 0
7 10 10 10 4 4 164 80 220 231 237 435 727
Total Liabilities 421 429 437 453 452 527 1,965 1,271 2,465 2,567 2,631 4,334 5,618
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 410 426 433 443 448 519 1,961 1,260 2,461 2,554 2,617 4,330 5,597
10 3 4 10 4 8 3 11 3 13 14 3 21
Total Assets 421 429 437 453 452 527 1,965 1,271 2,465 2,567 2,631 4,334 5,618

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 13 8 16 1 -5 12 28 -1 16 19 14
-9 -16 -7 -9 -7 2 -9 -21 -6 -6 -18 -25
0 0 0 0 0 0 0 0 0 0 0 0
Net Cash Flow -2 -2 1 6 -6 -3 3 7 -7 10 1 -11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days 0
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days -31 -547 -383 -205 -373 17 -82 -36 -74 -29 -33 -17
ROCE % 3% 1% 2% 4% 0% 17% 1% 2% 1% 1% 1% 1%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.65% 74.65% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64% 74.64%
0.94% 0.92% 0.63% 0.61% 0.59% 0.56% 0.60% 0.57% 0.57% 0.58% 0.59% 0.44%
0.48% 0.48% 0.43% 0.35% 0.35% 0.35% 0.35% 0.21% 0.21% 0.21% 0.21% 0.21%
23.93% 23.95% 24.29% 24.39% 24.40% 24.43% 24.40% 24.57% 24.56% 24.55% 24.54% 24.70%
No. of Shareholders 49,25151,74950,94750,23449,45648,87548,09248,29447,85847,11847,42447,621

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports