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SecUR Credentials

NSEI:SECURCRED
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SECURCRED
NSEI
₹391M
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

SecUR Credentials Limited provides background screening, due diligence, and employment verification services in India. The last earnings update was 54 days ago. More info.


Add to Portfolio Compare Print
  • SecUR Credentials has significant price volatility in the past 3 months.
SECURCRED Share Price and Events
7 Day Returns
-1.8%
NSEI:SECURCRED
-3.7%
IN Professional Services
-2.3%
IN Market
1 Year Returns
-47.7%
NSEI:SECURCRED
-12.2%
IN Professional Services
-5.3%
IN Market
SECURCRED Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SecUR Credentials (SECURCRED) -1.8% -3.6% -21.5% -47.7% - -
IN Professional Services -3.7% -9.6% -9.6% -12.2% 28.5% -42.7%
IN Market -2.3% -3.9% -5% -5.3% 17.9% 31.9%
1 Year Return vs Industry and Market
  • SECURCRED underperformed the Professional Services industry which returned -12.2% over the past year.
  • SECURCRED underperformed the Market in India which returned -5.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SECURCRED Value

 Is SecUR Credentials undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for SecUR Credentials. This is due to cash flow or dividend data being unavailable. The share price is ₹80.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SecUR Credentials's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SecUR Credentials's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:SECURCRED PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹11.55
NSEI:SECURCRED Share Price ** NSEI (2019-07-18) in INR ₹80
India Professional Services Industry PE Ratio Median Figure of 17 Publicly-Listed Professional Services Companies 21.58x
India Market PE Ratio Median Figure of 2,833 Publicly-Listed Companies 14.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SecUR Credentials.

NSEI:SECURCRED PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:SECURCRED Share Price ÷ EPS (both in INR)

= 80 ÷ 11.55

6.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SecUR Credentials is good value based on earnings compared to the IN Professional Services industry average.
  • SecUR Credentials is good value based on earnings compared to the India market.
Price based on expected Growth
Does SecUR Credentials's expected growth come at a high price?
Raw Data
NSEI:SECURCRED PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
2.9%per year
Asia Professional Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Professional Services Companies 1.73x
India Market PEG Ratio Median Figure of 538 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for SecUR Credentials, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SecUR Credentials's assets?
Raw Data
NSEI:SECURCRED PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹90.40
NSEI:SECURCRED Share Price * NSEI (2019-07-18) in INR ₹80
India Professional Services Industry PB Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 0.82x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.91x
NSEI:SECURCRED PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:SECURCRED Share Price ÷ Book Value per Share (both in INR)

= 80 ÷ 90.40

0.88x

* Primary Listing of SecUR Credentials.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SecUR Credentials is overvalued based on assets compared to the IN Professional Services industry average.
X
Value checks
We assess SecUR Credentials's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. SecUR Credentials has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SECURCRED Future Performance

 How is SecUR Credentials expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover SecUR Credentials, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SecUR Credentials expected to grow at an attractive rate?
  • SecUR Credentials's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • SecUR Credentials's earnings growth is positive but not above the India market average.
  • Unable to compare SecUR Credentials's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:SECURCRED Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:SECURCRED Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 2.9%
India Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
Asia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 14.8%
India Market Earnings Growth Rate Market Cap Weighted Average 16.7%
India Market Revenue Growth Rate Market Cap Weighted Average 9.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:SECURCRED Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:SECURCRED Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 600 56
2018-03-31 366 -141 52
2017-03-31 98 55 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SecUR Credentials's earnings are expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if SecUR Credentials is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:SECURCRED Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from SecUR Credentials Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SECURCRED Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 11.55
2018-03-31 13.27
2017-03-31 5.49

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if SecUR Credentials will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess SecUR Credentials's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SecUR Credentials has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SECURCRED Past Performance

  How has SecUR Credentials performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SecUR Credentials's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SecUR Credentials has delivered over 20% year on year earnings growth in the past 5 years.
  • SecUR Credentials's 1-year earnings growth is less than its 5-year average (9.4% vs 61.8%)
  • SecUR Credentials's earnings growth has not exceeded the IN Professional Services industry average in the past year (9.4% vs 18%).
Earnings and Revenue History
SecUR Credentials's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SecUR Credentials Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SECURCRED Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 600.44 56.47
2018-03-31 365.55 51.63 21.47
2017-03-31 97.97 17.12 4.47
2016-03-31 44.08 0.17 42.34
2015-03-31 -0.86 0.86
2014-03-31 6.92 0.21 6.70
2013-03-31 13.76 -0.27 11.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SecUR Credentials has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SecUR Credentials used its assets more efficiently than the IN Professional Services industry average last year based on Return on Assets.
  • SecUR Credentials's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SecUR Credentials's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SecUR Credentials has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SECURCRED Health

 How is SecUR Credentials's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SecUR Credentials's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SecUR Credentials is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SecUR Credentials's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SecUR Credentials's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SecUR Credentials Company Filings, last reported 3 months ago.

NSEI:SECURCRED Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 441.93 269.33 78.81
2018-03-31 385.47 39.71 62.61
2017-03-31 20.30 0.00 3.61
2016-03-31 2.23 1.63 0.15
2015-03-31 2.06 6.14 1.92
2014-03-31 2.98 5.20 1.08
2013-03-31 2.77 3.65 0.54
  • SecUR Credentials's level of debt (60.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (174.7% vs 60.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 4.9x coverage).
X
Financial health checks
We assess SecUR Credentials's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SecUR Credentials has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SECURCRED Dividends

 What is SecUR Credentials's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from SecUR Credentials dividends.
If you bought ₹2,000 of SecUR Credentials shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate SecUR Credentials's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SecUR Credentials's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:SECURCRED Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.1%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.5%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as SecUR Credentials has not reported any payouts.
  • Unable to verify if SecUR Credentials's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SecUR Credentials's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SecUR Credentials has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess SecUR Credentials's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SecUR Credentials afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SecUR Credentials has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SECURCRED Management

 What is the CEO of SecUR Credentials's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rahul Belwalkar
COMPENSATION ₹4,891,608
AGE 45
TENURE AS CEO 1.9 years
CEO Bio

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 organisation providing due diligence practices in Background Screening and BFSI sector. He served as the Chief Executive Officer of CRP Technologies (India) Limited. Mr. Belwalkar joined CRP Technologies in June 2008. He has across a rich and varied work experience of over 11 years in the Banking, Financial Services and Insurance (BFSI) sector. He has held senior positions in the Indian insurance industry. He started his career with management consultancy firm Anderson Consulting (currently Accenture) and then spent considerable time as a banker with ABN Amro Bank (currently Royal Bank of Scotland). He served as Vice-President & Head of Customer Service & Operations at ICICI Prudential Life Insurance Company Limited and Head of Business Processes of Reliance Life Insurance. He has been Director of SecUR Credentials Limited since November 1, 2016. He served as an Executive Director of CRP Risk Management Ltd., (CRP Technologies (India) Limited) since May 2, 2011 until May 08, 2017 and again from August 1, 2016 February 15, 2017. He is a trained Six Sigma Master Black Belt. He has done his Post Graduate Diploma in Management from Indian Institute of Management, Lucknow. He holds a Bachelor`s degree in Commerce from Mumbai University.

CEO Compensation
  • Insufficient data for Rahul to compare compensation growth.
  • Rahul's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the SecUR Credentials management team in years:

2.3
Average Tenure
45
Average Age
  • The tenure for the SecUR Credentials management team is about average.
Management Team

Rahul Belwalkar

TITLE
MD & Director
COMPENSATION
₹5M
AGE
45
TENURE
1.9 yrs

Shibani Belwalkar

TITLE
Executive Director & CFO
AGE
45
TENURE
0.2 yrs

Nipa Modi

TITLE
Human Resource Business Vertical Head
COMPENSATION
₹5M
AGE
52
TENURE
2.9 yrs

Richard DeSouza

TITLE
Chief Risk Officer
COMPENSATION
₹3M
AGE
45
TENURE
2.9 yrs

Vipul Bhoy

TITLE
Company Secretary
COMPENSATION
₹787K
TENURE
1.6 yrs

Suhel Inamdar

TITLE
Chief Operating Officer

Maya Oak

TITLE
Associate Vice President of Human Resource & Administration
AGE
39
TENURE
2.9 yrs

John Chenetra

TITLE
President of South India
AGE
64
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the SecUR Credentials board of directors in years:

2.2
Average Tenure
45
Average Age
  • The average tenure for the SecUR Credentials board of directors is less than 3 years, this suggests a new board.
Board of Directors

Pankaj Vyas

TITLE
Non-Executive Chairman
COMPENSATION
₹49K
AGE
52

Rahul Belwalkar

TITLE
MD & Director
COMPENSATION
₹5M
AGE
45
TENURE
2.7 yrs

Shibani Belwalkar

TITLE
Executive Director & CFO
AGE
45
TENURE
2.4 yrs

Amit Bharti

TITLE
Independent Director
COMPENSATION
₹39K
AGE
44
TENURE
1.9 yrs

Ritesh Parekh

TITLE
Independent Director
COMPENSATION
₹20K
AGE
44
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess SecUR Credentials's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SecUR Credentials has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SECURCRED News

Simply Wall St News

What Can We Make Of SecUR Credentials Limited’s (NSE:SECURCRED) High Return On Capital?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for SecUR Credentials: 0.17 = ₹97m ÷ (₹888m - ₹316m) (Based on the trailing twelve months to March 2019.) Therefore, SecUR Credentials has an ROCE of 17%. … Do SecUR Credentials's Current Liabilities Skew Its ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Should You Be Impressed By SecUR Credentials Limited's (NSE:SECURCRED) ROE?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for SecUR Credentials: 13% = ₹56m ÷ ₹442m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does SecUR Credentials Have A Good Return On Equity? … Combining SecUR Credentials's Debt And Its 13% Return On Equity SecUR Credentials has a debt to equity ratio of 0.61, which is far from excessive.

Simply Wall St -

Is SecUR Credentials Limited (NSE:SECURCRED) A High Quality Stock To Own?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for SecUR Credentials: 13% = ₹56m ÷ ₹442m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining SecUR Credentials's Debt And Its 13% Return On Equity Although SecUR Credentials does use debt, its debt to equity ratio of 0.61 is still low. … In my book the highest quality companies have high return on equity, despite low debt.

Simply Wall St -

Read This Before You Buy SecUR Credentials Limited (NSE:SECURCRED) Because Of Its P/E Ratio

The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for SecUR Credentials: P/E of 8.23 = ₹95 ÷ ₹11.55 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … The Verdict On SecUR Credentials's P/E Ratio SecUR Credentials trades on a P/E ratio of 8.2, which is below the IN market average of 16.2. … If the reality for a company is not as bad as the P/E ratio indicates, then the share price should increase as the market realizes this.

Simply Wall St -

Here's What SecUR Credentials Limited's (NSE:SECURCRED) ROCE Can Tell Us

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … The formula for calculating the return on capital employed is:

Simply Wall St -

The SecUR Credentials (NSE:SECURCRED) Share Price Is Down 51% So Some Shareholders Are Wishing They Sold

SecUR Credentials Limited (NSE:SECURCRED) shareholders should be happy to see the share price up 10% in the last month. … While SecUR Credentials made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. … In the last twelve months, SecUR Credentials increased its revenue by 273%.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand SecUR Credentials Limited (NSE:SECURCRED)

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at SecUR Credentials Limited's (NSE:SECURCRED) P/E ratio and reflect on what it tells us about the company's share price. … SecUR Credentials has a price to earnings ratio of 6.03, based on the last twelve months.

Simply Wall St -

Is SecUR Credentials Limited's (NSE:SECURCRED) 13% ROE Strong Compared To Its Industry?

Our data shows SecUR Credentials has a return on equity of 13% for the last year. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.13 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Do Insiders Own Lots Of Shares In SecUR Credentials Limited (NSE:SECURCRED)?

The big shareholder groups in SecUR Credentials Limited (NSE:SECURCRED) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … SecUR Credentials is a smaller company with a market capitalization of ₹475m, so it may still be flying under the radar of many institutional investors.

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Does SecUR Credentials Limited (NSE:SECURCRED) Have A Good P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at SecUR Credentials Limited's (NSE:SECURCRED) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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SECURCRED Company Info

Description

SecUR Credentials Limited provides background screening, due diligence, and employment verification services in India. The company offers SecUR Number, a candidate self-verification tool. It offers its services in the areas of education, employment, criminal, identity, database and media, residential, reference, credit check, drug tests, and psychometric test checks. The company was incorporated in 2001 and is based in Mumbai, India.

Details
Name: SecUR Credentials Limited
SECURCRED
Exchange: NSEI
Founded: 2001
₹391,074,000
4,888,425
Website: http://www.secur.co.in
Address: SecUR Credentials Limited
SecUR House,
Near Marol Depot,
Mumbai,
Maharashtra, 400093,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI SECURCRED Equity Shares National Stock Exchange of India IN INR 13. Nov 2017
Number of employees
Current staff
Staff numbers
325
SecUR Credentials employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 13:02
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.