Prime Securities Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 11:07 am

Market Cap	784 Cr.
Current Price	233
High / Low	359/162
Stock P/E	21.6
Book Value	56.1
Dividend Yield	0.42 %
ROCE	16.5 %
ROE	13.0 %
Face Value	5.00
PEG Ratio	0.71

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Prime Securities Ltd

Competitors of Prime Securities Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MKVentures Capital Ltd	550 Cr.	1,431	2,800/1,212	26.7	267	0.07 %	20.6 %	33.6 %	10.0
Modern Shares & Stockbrokers Ltd	14.6 Cr.	49.8	69.4/36.0	41.7	43.9	0.00 %	4.33 %	3.24 %	10.0
Monarch Networth Capital Ltd	2,577 Cr.	328	501/226	16.6	93.0	0.15 %	51.8 %	43.4 %	10.0
Monotype India Ltd	52.0 Cr.	0.74	2.42/0.63	6.51	0.13	0.00 %	438 %	%	1.00
Multipurpose Trading & Agencies Ltd	4.85 Cr.	9.79	13.3/7.93	25.5	10.2	0.00 %	4.44 %	3.91 %	10.0
Industry Average	6,715.03 Cr	1,388.24		84.40	5,208.09	0.37%	18.65%	17.36%	7.36

All Competitor Stocks of Prime Securities Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	15.44	10.45	9.83	8.68	15.87	12.12	20.68	15.40	17.91	12.82	29.14	29.83	21.18
Expenses	7.57	9.03	6.56	7.66	10.60	6.95	13.75	10.54	7.76	10.26	16.53	11.60	10.73
Operating Profit	7.87	1.42	3.27	1.02	5.27	5.17	6.93	4.86	10.15	2.56	12.61	18.23	10.45
OPM %	50.97%	13.59%	33.27%	11.75%	33.21%	42.66%	33.51%	31.56%	56.67%	19.97%	43.27%	61.11%	49.34%
Other Income	0.00	0.01	0.09	0.85	0.00	1.21	0.00	0.00	0.00	0.00	3.68	0.00	0.00
Interest	0.06	0.25	0.09	0.12	0.18	0.18	0.06	0.02	0.04	0.02	0.02	0.02	0.01
Depreciation	0.22	0.16	0.22	0.27	0.28	0.37	0.22	0.26	0.24	0.25	0.28	0.31	0.32
Profit before tax	7.59	1.02	3.05	1.48	4.81	5.83	6.65	4.58	9.87	2.29	15.99	17.90	10.12
Tax %	26.48%	38.24%	19.02%	46.62%	19.75%	30.36%	24.36%	13.76%	19.66%	27.95%	24.33%	3.91%	18.48%
Net Profit	5.58	0.63	2.47	0.79	3.86	4.06	5.03	3.95	7.93	1.65	12.10	17.20	8.20
EPS in Rs	1.79	0.20	0.78	0.25	1.20	1.25	1.54	1.20	2.41	0.50	3.61	5.13	2.44

Last Updated: February 28, 2025, 5:41 pm

Below is a detailed analysis of the quarterly data for Prime Securities Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹21.18 Cr.. The value appears to be declining and may need further review. It has decreased from 29.83 Cr. (Sep 2024) to ₹21.18 Cr., marking a decrease of 8.65 Cr..
For Expenses, as of Dec 2024, the value is ₹10.73 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 11.60 Cr. (Sep 2024) to ₹10.73 Cr., marking a decrease of 0.87 Cr..
For Operating Profit, as of Dec 2024, the value is ₹10.45 Cr.. The value appears to be declining and may need further review. It has decreased from 18.23 Cr. (Sep 2024) to ₹10.45 Cr., marking a decrease of 7.78 Cr..
For OPM %, as of Dec 2024, the value is 49.34%. The value appears to be declining and may need further review. It has decreased from 61.11% (Sep 2024) to 49.34%, marking a decrease of 11.77%.
For Other Income, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Interest, as of Dec 2024, the value is ₹0.01 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.02 Cr. (Sep 2024) to ₹0.01 Cr., marking a decrease of 0.01 Cr..
For Depreciation, as of Dec 2024, the value is ₹0.32 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.31 Cr. (Sep 2024) to ₹0.32 Cr., marking an increase of 0.01 Cr..
For Profit before tax, as of Dec 2024, the value is ₹10.12 Cr.. The value appears to be declining and may need further review. It has decreased from 17.90 Cr. (Sep 2024) to ₹10.12 Cr., marking a decrease of 7.78 Cr..
For Tax %, as of Dec 2024, the value is 18.48%. The value appears to be increasing, which may not be favorable. It has increased from 3.91% (Sep 2024) to 18.48%, marking an increase of 14.57%.
For Net Profit, as of Dec 2024, the value is ₹8.20 Cr.. The value appears to be declining and may need further review. It has decreased from 17.20 Cr. (Sep 2024) to ₹8.20 Cr., marking a decrease of 9.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.44. The value appears to be declining and may need further review. It has decreased from 5.13 (Sep 2024) to 2.44, marking a decrease of 2.69.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:08 pm

Metric	Mar 2012	Sep 2013n n 18m	Mar 2015n n 18m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1	-37	-9	12	20	24	47	74	44	46	47	67	93
Expenses	11	37	8	4	-35	8	30	62	33	26	32	42	49
Operating Profit	-11	-74	-17	8	55	16	17	12	11	20	15	24	44
OPM %	-1,889%			68%	281%	67%	36%	16%	24%	44%	32%	37%	47%
Other Income	-0	1	6	8	-35	2	-0	-0	2	3	2	0	4
Interest	14	13	3	0	0	0	0	0	0	0	1	0	0
Depreciation	0	1	1	1	0	0	0	1	1	1	1	1	1
Profit before tax	-25	-86	-15	15	19	17	16	11	11	21	15	23	46
Tax %	8%	0%	1%	4%	31%	17%	23%	27%	23%	21%	26%	21%
Net Profit	-28	-87	-15	14	13	14	13	8	8	17	11	19	39
EPS in Rs	-10.44	-32.75	-5.75	5.36	5.06	5.39	4.76	2.98	3.10	5.45	3.46	5.58	11.68
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	145%	41%	14%	18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-7.14%	7.69%	-7.14%	-38.46%	0.00%	112.50%	-35.29%	72.73%
Change in YoY Net Profit Growth (%)	0.00%	14.84%	-14.84%	-31.32%	38.46%	112.50%	-147.79%	108.02%

Prime Securities Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	7%
3 Years:	15%
TTM:	41%

Compounded Profit Growth
10 Years:	8%
5 Years:	8%
3 Years:	31%
TTM:	79%

Stock Price CAGR
10 Years:	49%
5 Years:	53%
3 Years:	33%
1 Year:	25%

Return on Equity
10 Years:	%
5 Years:	14%
3 Years:	13%
Last Year:	13%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:50 pm

Month	Mar 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	13	13	13	13	13	13	13	13	13	16	16	17	17
Reserves	74	-13	-28	-14	-18	-3	20	32	44	96	111	141	172
Borrowings	108	102	110	89	17	8	4	0	0	5	0	0	0
Other Liabilities	44	179	146	114	10	4	11	16	24	14	14	19	24
Total Liabilities	239	282	241	203	22	22	49	62	81	131	141	177	213
Fixed Assets	6	5	5	3	3	3	2	4	3	3	3	2	3
CWIP	0	0	0	0	0	0	0	0	0	1	0	0	0
Investments	121	75	57	49	2	2	3	2	17	44	56	109	157
Other Assets	112	201	180	150	18	17	44	56	62	83	83	66	53
Total Assets	239	282	241	203	22	22	49	62	81	131	141	177	213

Below is a detailed analysis of the balance sheet data for Prime Securities Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 17.00 Cr..
For Reserves, as of Sep 2024, the value is ₹172.00 Cr.. The value appears strong and on an upward trend. It has increased from 141.00 Cr. (Mar 2024) to ₹172.00 Cr., marking an increase of 31.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹24.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.00 Cr. (Mar 2024) to ₹24.00 Cr., marking an increase of 5.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹213.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 177.00 Cr. (Mar 2024) to ₹213.00 Cr., marking an increase of 36.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹3.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2024) to ₹3.00 Cr., marking an increase of 1.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹157.00 Cr.. The value appears strong and on an upward trend. It has increased from 109.00 Cr. (Mar 2024) to ₹157.00 Cr., marking an increase of 48.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹53.00 Cr.. The value appears to be declining and may need further review. It has decreased from 66.00 Cr. (Mar 2024) to ₹53.00 Cr., marking a decrease of 13.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹213.00 Cr.. The value appears strong and on an upward trend. It has increased from 177.00 Cr. (Mar 2024) to ₹213.00 Cr., marking an increase of 36.00 Cr..

Notably, the Reserves (172.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	41	-40	-14	-0	7	7	-1	15	40	1	-5	13
Cash from Investing Activity +	-34	39	7	9	20	0	-2	-3	-27	-48	3	-18
Cash from Financing Activity +	-6	-20	6	-7	-25	-9	4	-3	-0	34	-6	4
Net Cash Flow	1	-21	-1	1	3	-2	1	9	13	-13	-8	-1

Free Cash Flow

Month	Mar 2012	Mar 2015n n 18m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2013n n 18m
Free Cash Flow	-119.00	-17.00	-81.00	38.00	8.00	13.00	12.00	11.00	15.00	15.00	24.00	-74.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	20,629	-1,278	-4,828	3,787	80	20	172	22	7	28	117	67
Inventory Days		0	0
Days Payable
Cash Conversion Cycle	20,629	-1,278	-4,828	3,787	80	20	172	22	7	28	117	67
Working Capital Days	22,200	84	864	784	-57	42	205	112	-59	34	111	48
ROCE %	-5%	-49%	-14%	20%	18%	105%	60%	27%	21%	22%	12%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
FIIs	4.47%	4.89%	4.86%	5.34%	5.85%	5.59%	8.45%	7.04%	5.88%	6.04%	5.26%	4.38%
DIIs	0.05%	0.05%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	4.85%	4.85%	4.84%
Public	95.48%	95.06%	95.09%	94.61%	94.10%	94.37%	91.50%	92.91%	94.08%	89.12%	89.89%	90.79%
No. of Shareholders	19,538	19,339	19,106	18,808	18,496	18,927	18,320	17,934	17,980	17,538	17,695	19,014

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	5.66	3.52	6.02	3.10	2.98
Diluted EPS (Rs.)	5.42	3.31	5.59	3.01	2.95
Cash EPS (Rs.)	5.87	3.81	5.72	3.57	3.34
Book Value[Excl.RevalReserv]/Share (Rs.)	47.35	39.21	35.74	21.52	17.03
Book Value[Incl.RevalReserv]/Share (Rs.)	47.35	39.21	35.74	21.52	17.03
Revenue From Operations / Share (Rs.)	18.48	12.53	14.61	16.40	27.99
PBDIT / Share (Rs.)	7.36	4.68	6.40	4.63	4.49
PBIT / Share (Rs.)	7.07	4.33	6.12	4.15	4.12
PBT / Share (Rs.)	7.03	4.69	6.87	4.00	4.04
Net Profit / Share (Rs.)	5.58	3.45	5.45	3.09	2.97
NP After MI And SOA / Share (Rs.)	5.58	3.45	5.45	3.09	2.97
PBDIT Margin (%)	39.83	37.37	43.78	28.23	16.04
PBIT Margin (%)	38.25	34.55	41.87	25.28	14.71
PBT Margin (%)	38.02	37.41	47.01	24.40	14.42
Net Profit Margin (%)	30.17	27.57	37.26	18.81	10.59
NP After MI And SOA Margin (%)	30.17	27.57	37.26	18.81	10.59
Return on Networth / Equity (%)	11.77	8.81	15.23	14.34	17.41
Return on Capital Employeed (%)	14.03	10.51	16.49	14.47	20.50
Return On Assets (%)	10.49	7.93	12.99	10.08	12.79
Total Debt / Equity (X)	0.00	0.00	0.04	0.01	0.01
Asset Turnover Ratio (%)	0.38	0.18	0.33	0.44	0.34
Current Ratio (X)	18.36	17.69	7.91	12.76	5.97
Quick Ratio (X)	18.36	17.69	7.91	12.76	5.97
Dividend Payout Ratio (NP) (%)	8.72	64.13	70.25	0.00	0.00
Dividend Payout Ratio (CP) (%)	8.29	58.19	66.83	0.00	0.00
Earning Retention Ratio (%)	91.28	35.87	29.75	0.00	0.00
Cash Earning Retention Ratio (%)	91.71	41.81	33.17	0.00	0.00
Interest Coverage Ratio (X)	175.00	26.58	46.40	32.42	54.32
Interest Coverage Ratio (Post Tax) (X)	133.57	17.58	34.05	22.61	36.86
Enterprise Value (Cr.)	565.71	298.05	226.89	66.68	62.24
EV / Net Operating Revenue (X)	9.20	7.35	4.98	1.53	0.83
EV / EBITDA (X)	23.09	19.67	11.37	5.41	5.21
MarketCap / Net Operating Revenue (X)	9.83	8.77	6.32	2.53	1.05
Retention Ratios (%)	91.27	35.86	29.74	0.00	0.00
Price / BV (X)	3.84	2.80	2.59	1.93	1.73
Price / Net Operating Revenue (X)	9.83	8.77	6.32	2.53	1.05
EarningsYield	0.03	0.03	0.05	0.07	0.10

After reviewing the key financial ratios for Prime Securities Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 5.66. This value is within the healthy range. It has increased from 3.52 (Mar 23) to 5.66, marking an increase of 2.14.
For Diluted EPS (Rs.), as of Mar 24, the value is 5.42. This value is within the healthy range. It has increased from 3.31 (Mar 23) to 5.42, marking an increase of 2.11.
For Cash EPS (Rs.), as of Mar 24, the value is 5.87. This value is within the healthy range. It has increased from 3.81 (Mar 23) to 5.87, marking an increase of 2.06.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 47.35. It has increased from 39.21 (Mar 23) to 47.35, marking an increase of 8.14.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 47.35. It has increased from 39.21 (Mar 23) to 47.35, marking an increase of 8.14.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 18.48. It has increased from 12.53 (Mar 23) to 18.48, marking an increase of 5.95.
For PBDIT / Share (Rs.), as of Mar 24, the value is 7.36. This value is within the healthy range. It has increased from 4.68 (Mar 23) to 7.36, marking an increase of 2.68.
For PBIT / Share (Rs.), as of Mar 24, the value is 7.07. This value is within the healthy range. It has increased from 4.33 (Mar 23) to 7.07, marking an increase of 2.74.
For PBT / Share (Rs.), as of Mar 24, the value is 7.03. This value is within the healthy range. It has increased from 4.69 (Mar 23) to 7.03, marking an increase of 2.34.
For Net Profit / Share (Rs.), as of Mar 24, the value is 5.58. This value is within the healthy range. It has increased from 3.45 (Mar 23) to 5.58, marking an increase of 2.13.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 5.58. This value is within the healthy range. It has increased from 3.45 (Mar 23) to 5.58, marking an increase of 2.13.
For PBDIT Margin (%), as of Mar 24, the value is 39.83. This value is within the healthy range. It has increased from 37.37 (Mar 23) to 39.83, marking an increase of 2.46.
For PBIT Margin (%), as of Mar 24, the value is 38.25. This value exceeds the healthy maximum of 20. It has increased from 34.55 (Mar 23) to 38.25, marking an increase of 3.70.
For PBT Margin (%), as of Mar 24, the value is 38.02. This value is within the healthy range. It has increased from 37.41 (Mar 23) to 38.02, marking an increase of 0.61.
For Net Profit Margin (%), as of Mar 24, the value is 30.17. This value exceeds the healthy maximum of 10. It has increased from 27.57 (Mar 23) to 30.17, marking an increase of 2.60.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 30.17. This value exceeds the healthy maximum of 20. It has increased from 27.57 (Mar 23) to 30.17, marking an increase of 2.60.
For Return on Networth / Equity (%), as of Mar 24, the value is 11.77. This value is below the healthy minimum of 15. It has increased from 8.81 (Mar 23) to 11.77, marking an increase of 2.96.
For Return on Capital Employeed (%), as of Mar 24, the value is 14.03. This value is within the healthy range. It has increased from 10.51 (Mar 23) to 14.03, marking an increase of 3.52.
For Return On Assets (%), as of Mar 24, the value is 10.49. This value is within the healthy range. It has increased from 7.93 (Mar 23) to 10.49, marking an increase of 2.56.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.38. It has increased from 0.18 (Mar 23) to 0.38, marking an increase of 0.20.
For Current Ratio (X), as of Mar 24, the value is 18.36. This value exceeds the healthy maximum of 3. It has increased from 17.69 (Mar 23) to 18.36, marking an increase of 0.67.
For Quick Ratio (X), as of Mar 24, the value is 18.36. This value exceeds the healthy maximum of 2. It has increased from 17.69 (Mar 23) to 18.36, marking an increase of 0.67.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 8.72. This value is below the healthy minimum of 20. It has decreased from 64.13 (Mar 23) to 8.72, marking a decrease of 55.41.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 8.29. This value is below the healthy minimum of 20. It has decreased from 58.19 (Mar 23) to 8.29, marking a decrease of 49.90.
For Earning Retention Ratio (%), as of Mar 24, the value is 91.28. This value exceeds the healthy maximum of 70. It has increased from 35.87 (Mar 23) to 91.28, marking an increase of 55.41.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 91.71. This value exceeds the healthy maximum of 70. It has increased from 41.81 (Mar 23) to 91.71, marking an increase of 49.90.
For Interest Coverage Ratio (X), as of Mar 24, the value is 175.00. This value is within the healthy range. It has increased from 26.58 (Mar 23) to 175.00, marking an increase of 148.42.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 133.57. This value is within the healthy range. It has increased from 17.58 (Mar 23) to 133.57, marking an increase of 115.99.
For Enterprise Value (Cr.), as of Mar 24, the value is 565.71. It has increased from 298.05 (Mar 23) to 565.71, marking an increase of 267.66.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 9.20. This value exceeds the healthy maximum of 3. It has increased from 7.35 (Mar 23) to 9.20, marking an increase of 1.85.
For EV / EBITDA (X), as of Mar 24, the value is 23.09. This value exceeds the healthy maximum of 15. It has increased from 19.67 (Mar 23) to 23.09, marking an increase of 3.42.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 9.83. This value exceeds the healthy maximum of 3. It has increased from 8.77 (Mar 23) to 9.83, marking an increase of 1.06.
For Retention Ratios (%), as of Mar 24, the value is 91.27. This value exceeds the healthy maximum of 70. It has increased from 35.86 (Mar 23) to 91.27, marking an increase of 55.41.
For Price / BV (X), as of Mar 24, the value is 3.84. This value exceeds the healthy maximum of 3. It has increased from 2.80 (Mar 23) to 3.84, marking an increase of 1.04.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 9.83. This value exceeds the healthy maximum of 3. It has increased from 8.77 (Mar 23) to 9.83, marking an increase of 1.06.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Prime Securities Ltd as of April 4, 2025 is: 126.55

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Prime Securities Ltd is Overvalued by 45.69% compared to the current share price 233.00

Intrinsic Value of Prime Securities Ltd as of April 4, 2025 is: 165.00

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Prime Securities Ltd is Overvalued by 29.18% compared to the current share price 233.00

Last 5 Year EPS CAGR: 30.38%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 19.50%, which is a positive sign. The company has higher reserves (47.23 cr) compared to borrowings (34.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (33.00 cr) and profit (5.23 cr) over the years.	The stock has a high average Working Capital Days of 182.50, which may not be favorable. The stock has a high average Cash Conversion Cycle of 44.25, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Prime Securities Ltd:
1. Net Profit Margin: 30.17%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 14.03% (Industry Average ROCE: 18.4%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 11.77% (Industry Average ROE: 15.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 133.57
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 18.36
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 21.6 (Industry average Stock P/E: 63.72)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Prime Securities Ltd. is a Public Limited Listed company incorporated on 20/03/1982 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L67120MH1982PLC026724 and registration number is 026724. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 30.90 Cr. and Equity Capital is Rs. 16.64 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	1109/1110, Maker Chambers V, Nariman Point, Mumbai Maharashtra 400021	prime@primesec.com http://www.primesec.com

Management
Name	Position Held
Mr. N Jayakumar	Managing Director & Group CEO
Mr. Akshay Gupta	Whole Time Director
Mr. Sujit Kumar Varma	Non Exe.Non Ind.Director
Mr. Ashok Kacker	Ind. Non-Executive Director
Ms. Smeeta Bhatkal	Ind. Non-Executive Director
Mr. Mayank Malik	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Prime Securities Ltd?

Prime Securities Ltd's intrinsic value (as of 04 April 2025) is ₹126.55 — 45.69% lower the current market price of 233.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 784 Cr. market cap, FY2025-2026 high/low of ₹359/162, reserves of 172 Cr, and liabilities of 213 Cr.

What is the Market Cap of Prime Securities Ltd?

The Market Cap of Prime Securities Ltd is 784 Cr..

What is the current Stock Price of Prime Securities Ltd as on 04 April 2025?

The current stock price of Prime Securities Ltd as on 04 April 2025 is 233.

What is the High / Low of Prime Securities Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Prime Securities Ltd stocks is ₹359/162.

What is the Stock P/E of Prime Securities Ltd?

The Stock P/E of Prime Securities Ltd is 21.6.

What is the Book Value of Prime Securities Ltd?

The Book Value of Prime Securities Ltd is 56.1.

What is the Dividend Yield of Prime Securities Ltd?

The Dividend Yield of Prime Securities Ltd is 0.42 %.

What is the ROCE of Prime Securities Ltd?

The ROCE of Prime Securities Ltd is 16.5 %.

What is the ROE of Prime Securities Ltd?

The ROE of Prime Securities Ltd is 13.0 %.

What is the Face Value of Prime Securities Ltd?

The Face Value of Prime Securities Ltd is 5.00.