Announcement • Apr 21
Summit Securities Limited to Report Q4, 2026 Results on Apr 29, 2026 Summit Securities Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on Apr 29, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,540, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 163% over the past three years. Announcement • Jan 21
Summit Securities Limited to Report Q3, 2026 Results on Jan 29, 2026 Summit Securities Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Announcement • Oct 01
Summit Securities Limited to Report First Half, 2026 Results on Oct 15, 2025 Summit Securities Limited announced that they will report first half, 2026 results on Oct 15, 2025 Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹2,341, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 297% over the past three years. Announcement • Jul 18
Summit Securities Limited to Report Q1, 2026 Results on Jul 29, 2025 Summit Securities Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Announcement • Jul 02
Summit Securities Limited, Annual General Meeting, Aug 07, 2025 Summit Securities Limited, Annual General Meeting, Aug 07, 2025, at 11:30 Indian Standard Time. Announcement • Apr 25
Summit Securities Limited to Report Q4, 2025 Results on May 05, 2025 Summit Securities Limited announced that they will report Q4, 2025 results on May 05, 2025 Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹1,987, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 20x in the Capital Markets industry in India. Total returns to shareholders of 234% over the past three years. New Risk • Mar 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,695, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 19x in the Capital Markets industry in India. Total returns to shareholders of 179% over the past three years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹1,593, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 137% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹2,099, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 164% over the past three years. Announcement • Jan 22
Summit Securities Limited to Report Q3, 2025 Results on Jan 31, 2025 Summit Securities Limited announced that they will report Q3, 2025 results on Jan 31, 2025 New Risk • Jan 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 3.8% per year over the past 5 years. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹2,631, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 24x in the Capital Markets industry in India. Total returns to shareholders of 277% over the past three years. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹3,358, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 358% over the past three years. Announcement • Oct 15
Summit Securities Limited to Report Q2, 2025 Results on Oct 23, 2024 Summit Securities Limited announced that they will report Q2, 2025 results on Oct 23, 2024 Announcement • Sep 26
Summit Securities Limited Announces Tenure Completion of Independent Directors Summit Securities Limited announced that the second consecutive term of five years of appointment of Mr. Hemendra Chimanlal Dalal and Mr. Prem Kapil, respectively, as Independent Directors of the Company concludes on September 26, 2024. Consequently, Mr. Hemendra Chimanlal Dalal and Mr. Prem Kapil have ceased to be Independent Directors of the Company with effect from close of business hours of September 26, 2024. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹2,293, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 251% over the past three years. Announcement • Aug 22
Summit Securities Limited Appoints Sunil Tamhane as Non-Executive Independent Director, Effective September 16, 2024 Summit Securities Limited at its Annual General Meeting held on August 22, 2024, approved appointment of Mr. Sunil Tamhane as a Non-Executive Independent Director of the Company for a term of five consecutive years with effect from September 16, 2024. Announcement • Jul 22
Summit Securities Limited, Annual General Meeting, Aug 22, 2024 Summit Securities Limited, Annual General Meeting, Aug 22, 2024, at 11:30 Indian Standard Time. New Risk • Jul 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 63% Last year net profit margin: 90% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (63% net profit margin). Announcement • Jul 11
Summit Securities Limited to Report Q1, 2025 Results on Jul 19, 2024 Summit Securities Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹1,843, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 170% over the past three years. Announcement • May 10
Summit Securities Limited to Report Q4, 2024 Results on May 16, 2024 Summit Securities Limited announced that they will report Q4, 2024 results on May 16, 2024 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹1,149, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 113% over the past three years. Announcement • Feb 07
Summit Securities Limited Announces CFO Changes Board of Directors of Summit Securities Limited at its meeting held on February 06, 2024, approved the following: Retirement of Mr. Paras Mal Rakhecha, who will cease to be the Chief Financial Officer (CFO) of the Company with effect from closure of business hours on February 29, 2024; Appointment of Mr. Anand Rathi as Chief Financial Officer of the company with effect from March 01, 2024, considering the retirement of Mr. Paras Mal Rakhecha as Chief Financial Officer with effect from closure of business hours on February 29, 2024, based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee. Mr. Rathi, Senior Manager-Accounts of the Company, is a qualified Chartered Accountant and having a Bachelor's degree in Science. Mr. Rathi is having more than Ten (10) years of Corporate Experience in the areas of Accounts, Finance and Taxation, etc. Announcement • Jan 29
Summit Securities Limited to Report Q3, 2024 Results on Feb 06, 2024 Summit Securities Limited announced that they will report Q3, 2024 results on Feb 06, 2024 New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,285, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 171% over the past three years. Announcement • Oct 24
Summit Securities Limited to Report Q2, 2024 Results on Nov 02, 2023 Summit Securities Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Announcement • Aug 05
Summit Securities Limited, Annual General Meeting, Sep 08, 2023 Summit Securities Limited, Annual General Meeting, Sep 08, 2023, at 15:30 Samoa Standard Time. New Risk • Aug 03
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹372m (US$4.5m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Revenue is less than US$5m (₹372m revenue, or US$4.5m). Announcement • Jul 25
Summit Securities Limited to Report Q1, 2024 Results on Aug 02, 2023 Summit Securities Limited announced that they will report Q1, 2024 results on Aug 02, 2023 Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹857, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 148% over the past three years. Announcement • May 13
Summit Securities Limited to Report Q4, 2023 Results on May 23, 2023 Summit Securities Limited announced that they will report Q4, 2023 results on May 23, 2023 Announcement • Jan 24
Summit Securities Limited to Report Q3, 2023 Results on Feb 01, 2023 Summit Securities Limited announced that they will report Q3, 2023 results on Feb 01, 2023 Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₹710, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 53% over the past three years. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Independent Director Shweta Musale was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 21% share price gain to ₹724, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 16x in the Capital Markets industry in India. Total returns to shareholders of 15% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Additional Independent Director Shweta Musale was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Additional Independent Director Shweta Musale was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Additional Independent Director Abhay Nerurkar was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Additional Independent Director Abhay Nerurkar was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Additional Independent Director Abhay Nerurkar was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 25% share price gain to ₹803, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 20x in the Capital Markets industry in India. Total returns to shareholders of 1.5% over the past three years. Reported Earnings • May 27
Full year 2021 earnings released: EPS ₹16.79 (vs ₹66.09 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹290.3m (down 65% from FY 2020). Net income: ₹183.0m (down 75% from FY 2020). Profit margin: 63% (down from 88% in FY 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹5.95 (vs ₹0.02 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹87.6m (up ₹74.2m from 3Q 2020). Net income: ₹64.9m (up ₹64.7m from 3Q 2020). Profit margin: 74% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 09
New 90-day high: ₹589 The company is up 51% from its price of ₹391 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: ₹566 The company is up 40% from its price of ₹403 on 23 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 01
New 90-day high: ₹541 The company is up 32% from its price of ₹410 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₹534 The company is up 39% from its price of ₹385 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Nov 23
Market bids up stock over the past week After last week's 16% share price gain to ₹474, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 14x in the Capital Markets industry in India. Total return to shareholders over the past three years is a loss of 42%. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 15% share price gain to ₹466, the stock is trading at a trailing P/E ratio of 11.6x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 14x in the Capital Markets industry in India. Total return to shareholders over the past three years is a loss of 41%. Is New 90 Day High Low • Nov 20
New 90-day high: ₹466 The company is up 13% from its price of ₹413 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹1.99 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹45.3m (down 88% from 2Q 2020). Net income: ₹21.7m (down 94% from 2Q 2020). Profit margin: 48% (down from 98% in 2Q 2020). The decrease in margin was primarily driven by higher expenses.