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PALA

Palash Securities NSEI:PALASHSECU Stock Report

Last Price

₹99.85

Market Cap

₹1.1b

7D

-9.1%

1Y

27.3%

Updated

22 Jun, 2022

Data

Company Financials
PALASHSECU fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PALASHSECU Stock Overview

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

Palash Securities Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Palash Securities
Historical stock prices
Current Share Price₹99.85
52 Week High₹125.00
52 Week Low₹57.30
Beta0.91
1 Month Change-3.99%
3 Month Change-8.56%
1 Year Change27.28%
3 Year Change143.54%
5 Year Changen/a
Change since IPO84.74%

Recent News & Updates

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

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...

Shareholder Returns

PALASHSECUIN FoodIN Market
7D-9.1%-2.5%-1.6%
1Y27.3%-6.4%-1.6%

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.

Price Volatility

Is PALASHSECU's price volatile compared to industry and market?
PALASHSECU volatility
PALASHSECU Average Weekly Movement6.0%
Food Industry Average Movement7.4%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.7%
10% least volatile stocks in IN Market4.4%

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

FoundedEmployeesCEOWebsite
2015n/aChand Patodiahttps://www.birla-sugar.com/Our-Companies/About-Us-PALASH-SECURITIES-LIMITED

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

How do Palash Securities's earnings and revenue compare to its market cap?
PALASHSECU fundamental statistics
Market Cap₹1.08b
Earnings (TTM)-₹85.46m
Revenue (TTM)₹556.05m

1.9x

P/S Ratio

-12.7x

P/E Ratio

Is PALASHSECU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PALASHSECU income statement (TTM)
Revenue₹556.05m
Cost of Revenue₹389.08m
Gross Profit₹166.97m
Other Expenses₹252.43m
Earnings-₹85.46m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-8.54
Gross Margin30.03%
Net Profit Margin-15.37%
Debt/Equity Ratio4.2%

How did PALASHSECU perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PALASHSECU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

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

  • PEG Ratio

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.

PALASHSECU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA-12.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PALASHSECU's PS Ratio compare to its peers?

PALASHSECU PS Ratio vs Peers
The above table shows the PS ratio for PALASHSECU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average31.5x

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.

PALASHSECU PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ration/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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Future Growth

How is Palash Securities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.6%

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.


Discover growth companies

  • 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.

Past Performance

How has Palash Securities performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-68.6%

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.


Discover strong past performing companies

Financial Health

How is Palash Securities's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • 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.


Balance Sheet


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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Dividend

What is Palash Securities's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • 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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Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average board tenure


CEO

Chand Patodia (73 yo)

5.25yrs

Tenure

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...


Board Members

Experienced Board: PALASHSECU's board of directors are considered experienced (5.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Palash Securities Limited's employee growth, exchange listings and data sources


Key Information


Location

  • Palash Securities Limited
  • Birla Building
  • 5th Floor
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/22 00:00
End of Day Share Price2022/06/22 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.