SecUR Credentials Limited, a background verification company, provides background screening, due diligence, and employment verification services in India.
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Adequate balance sheet and fair value.
Share Price & News
How has SecUR Credentials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SECURCRED's share price has been volatile over the past 3 months.
7 Day Return
IN Professional Services
1 Year Return
IN Professional Services
Return vs Industry: SECURCRED underperformed the Indian Professional Services industry which returned -7.9% over the past year.
Return vs Market: SECURCRED underperformed the Indian Market which returned 4.3% over the past year.
Price Volatility Vs. Market
How volatile is SecUR Credentials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShould You Like SecUR Credentials Limited’s (NSE:SECURCRED) High Return On Capital Employed?
3 months ago | Simply Wall StSecUR Credentials Limited's (NSE:SECURCRED) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
4 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The SecUR Credentials Limited's (NSE:SECURCRED) Shareholder Register?
Is SecUR Credentials undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SECURCRED (₹14.85) is trading above our estimate of fair value (₹5.38)
Significantly Below Fair Value: SECURCRED is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SECURCRED is good value based on its PE Ratio (1.3x) compared to the IN Professional Services industry average (13.8x).
PE vs Market: SECURCRED is good value based on its PE Ratio (1.3x) compared to the Indian market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SECURCRED's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SECURCRED is good value based on its PB Ratio (0.2x) compared to the IN Professional Services industry average (0.8x).
How is SecUR Credentials forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SecUR Credentials has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether SecUR Credentials is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- SecUR Credentials competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has SecUR Credentials performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SECURCRED has a high level of non-cash earnings.
Growing Profit Margin: SECURCRED's current net profit margins (9.4%) are lower than last year (13.7%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SECURCRED's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SECURCRED's past year earnings growth to its 5-year average.
Earnings vs Industry: SECURCRED earnings growth over the past year (9.4%) exceeded the Professional Services industry -5.9%.
Return on Equity
High ROE: SECURCRED's Return on Equity (12.8%) is considered low.
How is SecUR Credentials's financial position?
Financial Position Analysis
Short Term Liabilities: SECURCRED's short term assets (₹473.0M) exceed its short term liabilities (₹315.7M).
Long Term Liabilities: SECURCRED's short term assets (₹473.0M) exceed its long term liabilities (₹130.7M).
Debt to Equity History and Analysis
Debt Level: SECURCRED's debt to equity ratio (60.9%) is considered high.
Reducing Debt: SECURCRED's debt to equity ratio has reduced from 174.7% to 60.9% over the past 5 years.
Debt Coverage: SECURCRED's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: SECURCRED's interest payments on its debt are well covered by EBIT (7.2x coverage).
What is SecUR Credentials's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SECURCRED's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: SECURCRED's dividend (3.37%) is in the top 25% of dividend payers in the Indian market (2.51%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether SECURCRED's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SECURCRED's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (4.3%), SECURCRED's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rahul Belwalkar (46 yo)
Mr. Rahul Suresh Belwalkar has been Managing Director of SecUR Credentials Limited since August 4, 2017. Mr. Belwalkar is responsible for the strategic vision of making SecUR Credentials Limited a leading ...
CEO Compensation Analysis
Compensation vs Market: Rahul's total compensation ($USD65.39K) is above average for companies of similar size in the Indian market ($USD48.97K).
Compensation vs Earnings: Rahul's compensation has been consistent with company performance over the past year.
|MD & Director||3yrs||₹4.89m||4.2% |
|Chief Financial Officer||no data||₹2.00m||no data|
|Chief Operating Officer||no data||no data||no data|
|Associate Vice President of Human Resource & Administration||4yrs||no data||no data|
|Company Secretary & Compliance Officer||1yr||no data||no data|
|Human Resource Business Vertical Head||4yrs||₹5.32m||no data|
|Chief Risk Officer||4yrs||₹3.23m||no data|
Experienced Management: SECURCRED's management team is considered experienced (4 years average tenure).
|MD & Director||3yrs||₹4.89m||4.2% |
|Non-Executive Chairman||no data||₹48.00k||52.02% |
|Independent Director||3yrs||₹54.00k||no data|
|Independent Director||0.58yr||no data||no data|
Experienced Board: SECURCRED's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SecUR Credentials Limited's company bio, employee growth, exchange listings and data sources
- Name: SecUR Credentials Limited
- Ticker: SECURCRED
- Exchange: NSEI
- Founded: 2001
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: ₹72.593m
- Shares outstanding: 4.89m
- Website: https://www.secur.co.in
Number of Employees
- SecUR Credentials Limited
- SecUR House
- Near Marol Depot
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SECURCRED||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2017|
SecUR Credentials Limited, a background verification company, provides background screening, due diligence, and employment verification services in India. The company offers SecUR Number, a candidate self- ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 19:16|
|End of Day Share Price||2020/08/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.