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Palash Securities NSEI:PALASHSECU Stock Report

Last Price

₹127.40

Market Cap

₹1.3b

7D

-4.6%

1Y

26.8%

Updated

17 Apr, 2024

Data

Company Financials

Palash Securities Limited

NSEI:PALASHSECU Stock Report

Market Cap: ₹1.3b

PALASHSECU Stock Overview

Palash Securities Limited, an investment company, engages in the food processing business in India and internationally.

PALASHSECU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Palash Securities Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Palash Securities
Historical stock prices
Current Share Price₹127.40
52 Week High₹165.60
52 Week Low₹96.10
Beta0.67
1 Month Change9.40%
3 Month Change8.38%
1 Year Change26.83%
3 Year Change142.67%
5 Year Change235.26%
Change since IPO135.71%

Recent News & Updates

Recent updates

Auditors Are Concerned About Palash Securities (NSE:PALASHSECU)

Jul 15
Auditors Are Concerned About Palash Securities (NSE:PALASHSECU)

Palash Securities (NSE:PALASHSECU) Is Making Moderate Use Of Debt

Dec 14
Palash Securities (NSE:PALASHSECU) Is Making Moderate Use Of Debt

Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt

Jun 26
Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt

Would Palash Securities (NSE:PALASHSECU) Be Better Off With Less Debt?

Nov 25
Would Palash Securities (NSE:PALASHSECU) Be Better Off With Less Debt?

Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt

Mar 11
Palash Securities (NSE:PALASHSECU) Is Carrying A Fair Bit Of Debt

Is Palash Securities (NSE:PALASHSECU) A Risky Investment?

Nov 26
Is Palash Securities (NSE:PALASHSECU) A Risky Investment?

Shareholder Returns

PALASHSECUIN FoodIN Market
7D-4.6%-0.4%-1.5%
1Y26.8%21.6%45.0%

Return vs Industry: PALASHSECU exceeded the Indian Food industry which returned 21.6% over the past year.

Return vs Market: PALASHSECU underperformed the Indian Market which returned 45% over the past year.

Price Volatility

Is PALASHSECU's price volatile compared to industry and market?
PALASHSECU volatility
PALASHSECU Average Weekly Movement7.4%
Food Industry Average Movement7.2%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: PALASHSECU has not had significant price volatility in the past 3 months.

Volatility Over Time: PALASHSECU's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aChand Patodiawww.birla-sugar.com

Palash Securities Limited, an investment company, engages in the 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 ketchup/purees/sauces, vegetable sauces, and squashes, as well as breakfast cereals, such as cornflakes, chocos, white oats, and antacids.

Palash Securities Limited Fundamentals Summary

How do Palash Securities's earnings and revenue compare to its market cap?
PALASHSECU fundamental statistics
Market cap₹1.27b
Earnings (TTM)-₹118.65m
Revenue (TTM)₹424.57m

3.0x

P/S Ratio

-10.7x

P/E Ratio

Is PALASHSECU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PALASHSECU income statement (TTM)
Revenue₹424.57m
Cost of Revenue₹182.57m
Gross Profit₹242.00m
Other Expenses₹360.65m
Earnings-₹118.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-11.86
Gross Margin57.00%
Net Profit Margin-27.94%
Debt/Equity Ratio5.1%

How did PALASHSECU perform over the long term?

See historical performance and comparison
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