SecUR Credentials Ltd

SecUR Credential Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

SecUR Credentials Ltd

₹ 2.61 -5.09%
03 Feb - close price
secur.co.in BSE: 543625 NSE: SECURCRED
About

Incorporated in 2001, SecUR Credentials Ltd is in the business of employee background screening and Human Resource solutions providers[1]

Key Points

Business Overview:[1][2]
SCL is India's first and largest listed employee background verification company, providing integrated services to over 1,000 large corporations across various sectors. The company specializes in delivering customized solutions tailored to clients' risk frameworks. Headquartered in Mumbai, SCL operates branch offices in Delhi, Bengaluru, Hyderabad, and Chandigarh.

Website BSE NSE - BZ
  • Market Cap ₹ 10.7 Cr.
  • Current Price ₹ 2.61
  • High / Low ₹ 23.7 / 2.61
  • Stock P/E 2.23
  • Book Value ₹ 12.0
  • Dividend Yield 0.00 %
  • ROCE 21.2 %
  • ROE 18.8 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.22 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.21% over past five years.
  • Company has a low return on equity of 6.37% over last 3 years.
  • Company has high debtors of 299 days.

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2017 Sep 2017 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.71 6.77 8.27 10.05 10.92 22.10 12.37 11.42 12.00 14.19 10.01 7.01 7.04
3.92 6.01 6.37 8.09 9.41 19.65 8.98 6.94 5.55 12.86 7.18 5.42 5.70
Operating Profit 1.79 0.76 1.90 1.96 1.51 2.45 3.39 4.48 6.45 1.33 2.83 1.59 1.34
OPM % 31.35% 11.23% 22.97% 19.50% 13.83% 11.09% 27.41% 39.23% 53.75% 9.37% 28.27% 22.68% 19.03%
0.00 0.07 0.02 0.24 0.05 0.13 0.04 0.74 0.08 0.49 0.13 0.41 0.84
Interest 0.02 0.11 0.59 0.93 0.29 0.95 0.73 0.62 0.59 0.94 0.55 0.67 0.61
Depreciation 0.05 0.02 0.47 0.84 0.73 0.77 0.83 0.94 0.95 0.87 0.88 0.89 0.83
Profit before tax 1.72 0.70 0.86 0.43 0.54 0.86 1.87 3.66 4.99 0.01 1.53 0.44 0.74
Tax % 27.33% 30.00% 44.19% -58.14% 50.00% -4.65% 59.89% 16.67% 26.25% -1,200.00% 34.64% -638.64% 44.59%
1.25 0.48 0.48 0.69 0.27 0.91 0.76 3.06 3.68 0.14 1.01 3.25 0.41
EPS in Rs 1.49 0.17 0.12 0.17 0.07 0.22 0.18 0.74 0.90 0.03 0.25 0.79 0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.69 0.83 0.00 4.41 9.80 37.64 60.04 54.74 42.60 51.33 46.25 38.25
0.65 0.77 0.08 4.34 7.07 29.66 48.27 46.99 34.81 43.51 30.57 31.16
Operating Profit 0.04 0.06 -0.08 0.07 2.73 7.98 11.77 7.75 7.79 7.82 15.68 7.09
OPM % 5.80% 7.23% 1.59% 27.86% 21.20% 19.60% 14.16% 18.29% 15.23% 33.90% 18.54%
0.02 0.00 0.00 0.00 0.00 0.16 0.29 0.23 -2.59 0.44 1.34 1.87
Interest 0.00 0.00 0.00 0.00 0.13 0.34 1.97 3.89 4.21 2.76 2.89 2.77
Depreciation 0.01 0.01 0.00 0.00 0.04 0.61 2.04 3.06 2.92 2.80 3.58 3.47
Profit before tax 0.05 0.05 -0.08 0.07 2.56 7.19 8.05 1.03 -1.93 2.70 10.55 2.72
Tax % 20.00% 40.00% 0.00% 71.43% 32.81% 28.23% 29.81% 66.02% 12.44% 39.63% 26.26%
0.03 0.04 -0.09 0.02 1.71 5.16 5.65 0.36 -2.16 1.62 7.79 4.81
EPS in Rs 1.25 1.37 0.09 -0.52 0.39 1.90 1.17
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.33% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: -5%
TTM: -34%
Compounded Profit Growth
10 Years: %
5 Years: 9%
3 Years: 179%
TTM: -43%
Stock Price CAGR
10 Years: %
5 Years: -8%
3 Years: -25%
1 Year: -87%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 6%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 0.01 0.01 0.01 4.89 4.89 4.89 4.89 4.89 41.06 41.06
Reserves 0.27 0.29 0.20 0.21 2.02 33.66 39.30 38.97 36.81 32.69 4.05 8.30
1.21 0.34 0.61 0.16 0.00 3.97 26.93 26.69 17.64 22.97 21.29 22.81
0.13 0.27 0.13 0.40 6.38 5.77 17.71 21.82 24.79 36.90 26.44 20.40
Total Liabilities 1.62 0.91 0.95 0.78 8.41 48.29 88.83 92.37 84.13 97.45 92.84 92.57
0.04 0.03 0.01 0.00 0.31 12.74 33.67 30.88 12.32 16.82 15.31 13.80
CWIP 0.00 0.00 0.00 0.00 4.54 5.27 0.06 0.08 0.00 1.99 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.02 0.02 0.02
1.58 0.88 0.94 0.78 3.56 30.28 55.10 61.41 71.78 78.62 77.51 78.75
Total Assets 1.62 0.91 0.95 0.78 8.41 48.29 88.83 92.37 84.13 97.45 92.84 92.57

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 5.52 -14.17 4.68 4.28 -3.80 2.14 8.83
0.00 0.00 -4.89 -15.22 -17.85 -0.38 11.63 -5.65 -0.08
0.00 0.00 -0.29 33.55 15.01 -3.93 -13.03 3.39 -8.85
Net Cash Flow 0.00 0.00 0.35 4.16 1.83 -0.03 -5.19 -0.12 -0.10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 338.55 0.00 0.00 75.61 148.46 142.07 164.10 346.32 278.03 299.02
Inventory Days
Days Payable
Cash Conversion Cycle 338.55 0.00 0.00 75.61 148.46 142.07 164.10 346.32 278.03 299.02
Working Capital Days 682.39 228.67 29.80 -118.07 167.18 126.69 134.62 280.95 238.78 337.62
ROCE % 4.69% 11.67% 223.24% 33.80% 17.63% 6.95% 9.64% 9.11% 21.17%

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.59% 61.59% 61.59% 61.59% 5.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.37% 0.23% 0.00% 0.00% 0.00% 0.00%
38.41% 38.41% 38.40% 38.41% 94.91% 100.00% 99.63% 99.76% 99.99% 100.00% 99.99% 100.00%
No. of Shareholders 7387517247107616704,3515,9956,2336,7508,5019,626

* 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

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DRHP

Credit ratings

Concalls

  • Feb 2023
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  • Nov 2022
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