PALASHSECU Stock Overview
Palash Securities Limited, an investment company, engages in food processing business in India and internationally.
Palash Securities Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹99.85|
|52 Week High||₹125.00|
|52 Week Low||₹57.30|
|1 Month Change||-3.99%|
|3 Month Change||-8.56%|
|1 Year Change||27.28%|
|3 Year Change||143.54%|
|5 Year Change||n/a|
|Change since IPO||84.74%|
Recent News & Updates
Would Palash Securities (NSE:PALASHSECU) Be Better Off With Less Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|PALASHSECU||IN Food||IN Market|
Return vs Industry: PALASHSECU exceeded the Indian Food industry which returned -6.4% over the past year.
Return vs Market: PALASHSECU exceeded the Indian Market which returned -1.6% over the past year.
|PALASHSECU Average Weekly Movement||6.0%|
|Food Industry Average Movement||7.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.7%|
|10% least volatile stocks in IN Market||4.4%|
Stable Share Price: PALASHSECU is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PALASHSECU's weekly volatility (6%) has been stable over the past year.
About the Company
Palash Securities Limited, an investment company, engages in food processing business in India and internationally. It operates through two segments, Food Processing Business and Investing Business. The company offers canned fruits and vegetables, jams jellies, marmalades, juices, tomato ketchups/purees/sauces, vegetable sauces, and squashes, as well as breakfast cereals, such as cornflakes, chocos, white oats, etc. It also invests and deals in shares and securities; and immovable properties.
Palash Securities Fundamentals Summary
|PALASHSECU fundamental statistics|
Is PALASHSECU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PALASHSECU income statement (TTM)|
|Cost of Revenue||₹389.08m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-8.54|
|Net Profit Margin||-15.37%|
How did PALASHSECU perform over the long term?See historical performance and comparison
Is PALASHSECU undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PALASHSECU?
Other financial metrics that can be useful for relative valuation.
|What is PALASHSECU's n/a Ratio?|
Price to Sales Ratio vs Peers
How does PALASHSECU's PS Ratio compare to its peers?
|PALASHSECU PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: PALASHSECU is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (31.5x).
Price to Earnings Ratio vs Industry
How does PALASHSECU's PE Ratio compare vs other companies in the Indian Food Industry?
Price-To-Sales vs Industry: PALASHSECU is expensive based on its Price-To-Sales Ratio (1.9x) compared to the Indian Food industry average (0.8x)
Price to Sales Ratio vs Fair Ratio
What is PALASHSECU's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||1.9x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate PALASHSECU's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of PALASHSECU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate PALASHSECU's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate PALASHSECU's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PALASHSECU's PEG Ratio to determine if it is good value.
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How is Palash Securities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Food, Beverage & Tobacco 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 Palash Securities 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.
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- Examine Palash Securities's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Palash Securities competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Palash Securities performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PALASHSECU is currently unprofitable.
Growing Profit Margin: PALASHSECU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PALASHSECU is unprofitable, and losses have increased over the past 5 years at a rate of 68.6% per year.
Accelerating Growth: Unable to compare PALASHSECU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PALASHSECU is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (12.1%).
Return on Equity
High ROE: PALASHSECU has a negative Return on Equity (-1.56%), as it is currently unprofitable.
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How is Palash Securities's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PALASHSECU's short term assets (₹328.6M) exceed its short term liabilities (₹320.6M).
Long Term Liabilities: PALASHSECU's short term assets (₹328.6M) exceed its long term liabilities (₹215.5M).
Debt to Equity History and Analysis
Debt Level: PALASHSECU's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: PALASHSECU's debt to equity ratio has reduced from 76.8% to 4.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PALASHSECU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PALASHSECU is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.8% per year.
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What is Palash Securities's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PALASHSECU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PALASHSECU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PALASHSECU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PALASHSECU's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PALASHSECU has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chand Patodia (73 yo)
Mr. Chand Bihari Patodia serves as Group President of Avadh Sugar & Energy Limited. Mr. Patodia has been Managing Director of Palash Securities Limited since March 30, 2017. Mr. Patodia serves as an Adviso...
Experienced Board: PALASHSECU's board of directors are considered experienced (5.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Palash Securities Limited's employee growth, exchange listings and data sources
- Name: Palash Securities Limited
- Ticker: PALASHSECU
- Exchange: NSEI
- Founded: 2015
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: ₹1.082b
- Shares outstanding: 10.00m
- Website: https://www.birla-sugar.com/Our-Companies/About-Us-PALASH-SECURITIES-LIMITED
- Palash Securities Limited
- Birla Building
- 5th Floor
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/22 00:00|
|End of Day Share Price||2022/06/22 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.