Daulat Securities Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Daulat Securities Ltd?

Daulat Securities Ltd is trading at 32.60 as of 10 May 2026, with a FY2026-2027 high of 46.0 and low of 24.1. The stock is currently in the middle of its 52-week range. Market cap stands at 16.3 Cr..

Q: Is Daulat Securities Ltd financially healthy?

Key indicators: ROCE of 7.54 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Daulat Securities Ltd profitable and how is the profit trend?

Daulat Securities Ltd reported a net profit of 2 Cr in Mar 2025 on revenue of 3 Cr. Compared to 1 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹42.55Undervalued by 30.52%vs CMP ₹32.60

P/E (15.0) × ROE (7.6%) × BV (₹45.80) × DY (2.00%)

Defaults: P/E=15

₹35.75Fairly Valued by 9.66%vs CMP ₹32.60

MoS: +8.8% (Thin)Confidence: 38/100 (Low)Models: 3 Under, 3 Fair, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹31.87	19%	Fair (-2.2%)
Graham Number	Earnings	₹57.78	17%	Under (+77.2%)
Earnings Power	Earnings	₹28.86	11%	Over (-11.5%)
DCF	Cash Flow	₹31.95	14%	Fair (-2%)
Net Asset Value	Assets	₹45.74	8%	Under (+40.3%)
EV/EBITDA	Enterprise	₹27.84	10%	Over (-14.6%)
Earnings Yield	Earnings	₹32.40	8%	Fair (-0.6%)
ROCE Capital	Returns	₹38.99	8%	Under (+19.6%)
Revenue Multiple	Revenue	₹5.84	6%	Over (-82.1%)
Consensus (9 models)		₹35.75	100%	Fairly Valued

Key Drivers: EPS CAGR -25.1% drags value — could be higher if earnings stabilize. | Wide model spread (₹6–₹58) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -25.1% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Daulat Securities Ltd operates in the Finance & Investments segment, NSE: DAULAT | BSE: 530171, current market price is ₹32.60, market cap is 16.3 Cr.. At a glance, ROE is 7.59 %, ROCE is 7.54 %, book value is 45.8, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹35.75, which is about 9.7% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹3 Cr versus the prior period change of -53.7%, while latest net profit is about ₹2 Cr with a prior-period change of -53.6%. The 52-week range shown on this page is 46.0/24.1, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisDaulat Securities Ltd. is a Public Limited Listed company incorporated on 22/10/1992 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is…

This summary is generated from the stock page data available for Daulat Securities Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Daulat Securities Ltd scores 45/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health61/100 · Moderate

ROCE 7.5% WeakROE 7.6% AverageD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 56.0% Stable

Earnings Quality55/100 · Moderate

OPM expanding (42% → 66%) ImprovingWorking capital: 1,113 days Capital intensive

Quarterly Momentum15/100 · Weak

Revenue (4Q): -101% YoY DecliningProfit (4Q): -121% YoY DecliningOPM: -18.2% (down 18.2% YoY) Margin pressure

Industry Rank35/100 · Weak

ROCE 7.5% vs industry 21.3% Below peers3Y sales CAGR: 4% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 2:33 am

Market Cap	16.3 Cr.
Current Price	32.6
Intrinsic Value	₹35.75
High / Low	46.0/24.1
Stock P/E
Book Value	45.8
Dividend Yield	0.00 %
ROCE	7.54 %
ROE	7.59 %
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Daulat Securities Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modern Shares & Stockbrokers Ltd	9.74 Cr.	33.2	53.0/24.7	46.4	44.4	0.00 %	3.32 %	1.74 %	10.0
Monarch Networth Capital Ltd	2,380 Cr.	300	399/235	14.8	111	0.33 %	33.3 %	26.2 %	10.0
Monotype India Ltd	33.0 Cr.	0.47	0.82/0.37	5.28	0.03	0.00 %	286 %	%	1.00
Multipurpose Trading & Agencies Ltd	5.25 Cr.	10.6	11.5/7.58		9.25	0.00 %	3.68 %	3.38 %	10.0
Munoth Financial Services Ltd	13.7 Cr.	26.6	69.9/16.4		19.9	0.00 %	2.41 %	3.38 %	10.0
Industry Average	6,889.95 Cr	1,278.05		113.64	4,362.08	0.38%	21.34%	13.78%	7.23

All Competitor Stocks of Daulat Securities Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.78	-1.35	0.86	1.02	2.04	1.92	4.01	0.62	-0.52	-1.72	1.55	-0.14	0.22
Expenses	0.31	0.39	0.20	0.25	0.45	0.68	0.34	0.32	0.26	0.32	0.30	0.26	0.26
Operating Profit	0.47	-1.74	0.66	0.77	1.59	1.24	3.67	0.30	-0.78	-2.04	1.25	-0.40	-0.04
OPM %	60.26%		76.74%	75.49%	77.94%	64.58%	91.52%	48.39%			80.65%		-18.18%
Other Income	0.13	0.15	0.07	0.21	0.08	0.13	0.08	0.19	0.10	0.14	0.06	0.22	0.07
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.05	0.00	0.00	0.00	0.07	0.00	0.00	0.00	0.07	0.00	0.00	0.00
Profit before tax	0.60	-1.64	0.73	0.98	1.67	1.30	3.75	0.49	-0.68	-1.97	1.31	-0.18	0.03
Tax %	0.00%	16.46%	0.00%	0.00%	0.00%	90.77%	0.00%	0.00%	0.00%	-1.02%	0.00%	0.00%	0.00%
Net Profit	0.60	-1.91	0.73	0.98	1.67	0.12	3.75	0.49	-0.68	-1.94	1.31	-0.18	0.03
EPS in Rs	1.20	-3.82	1.46	1.96	3.34	0.24	7.50	0.98	-1.36	-3.88	2.62	-0.36	0.06

Last Updated: March 3, 2026, 11:04 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 3:10 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.52	0.75	0.68	0.85	0.98	0.47	-0.58	2.12	2.62	1.49	6.31	2.92	-0.09
Expenses	0.34	0.38	0.37	0.37	0.54	0.49	0.46	0.68	1.47	0.90	1.57	1.25	1.14
Operating Profit	0.18	0.37	0.31	0.48	0.44	-0.02	-1.04	1.44	1.15	0.59	4.74	1.67	-1.23
OPM %	34.62%	49.33%	45.59%	56.47%	44.90%	-4.26%		67.92%	43.89%	39.60%	75.12%	57.19%	1,366.67%
Other Income	0.01	0.02	0.01	0.01	0.01	0.02	0.00	0.00	0.01	0.02	0.01	0.01	0.49
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00
Depreciation	0.03	0.02	0.02	0.03	0.03	0.03	0.03	0.04	0.05	0.07	0.07	0.07	0.07
Profit before tax	0.16	0.37	0.30	0.46	0.42	-0.03	-1.07	1.40	1.11	0.54	4.68	1.59	-0.81
Tax %	18.75%	13.51%	13.33%	17.39%	26.19%	-33.33%	0.00%	2.14%	24.32%	22.22%	25.21%	-1.26%
Net Profit	0.13	0.32	0.26	0.38	0.31	-0.02	-1.07	1.38	0.84	0.42	3.49	1.62	-0.78
EPS in Rs	0.26	0.64	0.52	0.76	0.62	-0.04	-2.14	2.76	1.68	0.84	6.98	3.24	-1.56
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	146.15%	-18.75%	46.15%	-18.42%	-106.45%	-5250.00%	228.97%	-39.13%	-50.00%	730.95%	-53.58%
Change in YoY Net Profit Growth (%)	0.00%	-164.90%	64.90%	-64.57%	-88.03%	-5143.55%	5478.97%	-268.10%	-10.87%	780.95%	-784.53%

Daulat Securities Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	15%
5 Years:	%
3 Years:	4%
TTM:	-101%

Compounded Profit Growth
10 Years:	18%
5 Years:	29%
3 Years:	24%
TTM:	-113%

Stock Price CAGR
10 Years:	13%
5 Years:	76%
3 Years:	18%
1 Year:	-27%

Return on Equity
10 Years:	5%
5 Years:	9%
3 Years:	10%
Last Year:	8%

Last Updated: September 5, 2025, 3:06 pm

Balance Sheet

Last Updated: December 10, 2025, 4:09 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Reserves	6.14	6.45	6.72	7.10	7.60	7.47	6.18	8.39	9.92	11.14	15.97	16.74	17.87
Borrowings	0.25	0.05	0.09	0.06	0.04	0.02	0.00	0.06	0.04	0.02	0.00	0.00	0.00
Other Liabilities	0.37	0.40	1.69	0.64	0.97	1.19	2.53	1.82	5.39	2.50	3.68	1.74	2.02
Total Liabilities	11.76	11.90	13.50	12.80	13.61	13.68	13.71	15.27	20.35	18.66	24.65	23.48	24.89
Fixed Assets	0.61	0.59	0.70	0.67	0.66	0.66	0.63	0.71	0.72	0.77	0.85	0.79	0.82
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	3.12	4.03	3.71	3.92	3.99	3.43	3.25	3.72	4.88	5.24	7.64	8.90	9.73
Other Assets	8.03	7.28	9.09	8.21	8.96	9.59	9.83	10.84	14.75	12.65	16.16	13.79	14.34
Total Assets	11.76	11.90	13.50	12.80	13.61	13.68	13.71	15.27	20.35	18.66	24.65	23.48	24.89

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.18	0.67	0.45	-2.10	-0.46	-0.84	-0.68	1.41	2.92	-0.49	2.64	-2.22
Cash from Investing Activity +	-0.29	-0.80	0.70	0.47	0.81	0.91	0.80	-1.40	-2.73	1.84	-3.10	0.78
Cash from Financing Activity +	0.00	0.00	-0.95	1.26	-0.18	-0.02	-0.02	0.04	-0.02	-0.02	-0.02	0.00
Net Cash Flow	-0.11	-0.14	0.21	-0.37	0.17	0.05	0.10	0.05	0.17	1.33	-0.48	-1.44
Free Cash Flow	0.16	0.67	0.32	-2.10	-0.48	-0.88	-0.68	1.29	2.86	-0.61	2.49	-2.24
CFO/OP	106%	181%	148%	-435%	-89%	3,800%	65%	104%	255%	-39%	58%	-70%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.07	0.32	0.22	0.42	0.40	-0.04	-1.04	1.38	1.11	0.57	4.74	1.67

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	112.31	53.53	48.31	38.65	37.24	108.72	-157.33	30.99	30.65	36.74	8.10	13.75
Inventory Days							-4,071.64
Days Payable
Cash Conversion Cycle	112.31	53.53	48.31	38.65	37.24	108.72	-4,228.97	30.99	30.65	36.74	8.10	13.75
Working Capital Days	4,000.96	2,642.60	2,544.26	2,507.76	2,424.64	5,296.38	3,668.88	1,096.72	657.56	1,521.24	417.64	1,112.50
ROCE %	1.42%	3.23%	2.57%	3.84%	3.39%	-0.24%	-9.04%	11.37%	7.81%	3.47%	25.21%	7.54%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	54.62%	55.34%	55.46%	55.46%	55.62%	55.72%	55.72%	55.72%	55.72%	55.72%	55.76%	55.95%
Public	45.37%	44.65%	44.53%	44.53%	44.39%	44.28%	44.28%	44.28%	44.27%	44.27%	44.24%	44.04%
No. of Shareholders	3,860	3,778	3,722	3,635	3,693	3,855	3,922	4,360	4,825	4,693	4,584	4,504

Shareholding Pattern Chart

No. of Shareholders

Daulat Securities Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	3.24	6.98	0.84	1.69	2.76
Diluted EPS (Rs.)	3.24	6.98	0.84	1.69	2.76
Cash EPS (Rs.)	3.37	7.13	0.98	1.79	2.84
Book Value[Excl.RevalReserv]/Share (Rs.)	43.48	41.93	32.29	29.84	26.78
Book Value[Incl.RevalReserv]/Share (Rs.)	43.48	41.93	32.29	29.84	26.78
Revenue From Operations / Share (Rs.)	3.33	9.57	2.02	4.29	3.55
PBDIT / Share (Rs.)	3.35	9.50	1.23	2.34	2.88
PBIT / Share (Rs.)	3.22	9.35	1.09	2.23	2.81
PBT / Share (Rs.)	3.19	9.35	1.08	2.22	2.81
Net Profit / Share (Rs.)	3.24	6.98	0.83	1.69	2.76
PBDIT Margin (%)	100.86	99.31	61.03	54.45	81.36
PBIT Margin (%)	96.86	97.76	53.73	51.97	79.14
PBT Margin (%)	95.91	97.75	53.49	51.77	79.14
Net Profit Margin (%)	97.29	72.98	41.29	39.36	77.85
Return on Networth / Equity (%)	7.44	16.65	2.58	5.66	10.31
Return on Capital Employeed (%)	7.35	21.82	3.30	7.33	10.23
Return On Assets (%)	6.89	14.16	2.23	4.15	9.04
Asset Turnover Ratio (%)	0.06	0.22	0.05	0.12	0.12
Current Ratio (X)	6.73	3.38	4.25	2.00	5.25
Quick Ratio (X)	1.10	0.60	1.63	0.49	1.29
Inventory Turnover Ratio (X)	0.18	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	105.76	9314.24	257.13	276.81	0.00
Interest Coverage Ratio (Post Tax) (X)	103.02	6846.02	174.98	201.13	0.00
Enterprise Value (Cr.)	19.31	14.74	8.50	14.33	2.99
EV / Net Operating Revenue (X)	11.61	3.08	8.41	6.68	1.69
EV / EBITDA (X)	11.51	3.10	13.77	12.26	2.07
MarketCap / Net Operating Revenue (X)	11.67	3.18	9.39	6.86	1.81
Price / BV (X)	0.89	0.72	0.58	0.98	0.24
Price / Net Operating Revenue (X)	11.67	3.18	9.39	6.86	1.81
EarningsYield	0.08	0.22	0.04	0.05	0.42

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Daulat Securities Ltd. is a Public Limited Listed company incorporated on 22/10/1992 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L67120WB1992PLC056831 and registration number is 056831. Currently Company is involved in the business activities of Security and commodity contracts brokerage. Company's Total Operating Revenue is Rs. 1.66 Cr. and Equity Capital is Rs. 5.00 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	86, Canning Street, 3rd Floor, Kolkata West Bengal 700001	Contact not found

Management
Name	Position Held
Mr. Ajit Kochar	Chairman & Wholetime Director
Mr. Jitendra Kochar	Managing Director
Mrs. Anamika kochar	Whole Time Director
Mr. Rohit Kumar Somany	Independent Director
Mr. Dinesh Agarwal	Independent Director
Mr. Prateek Bhansali	Independent Director

FAQ

What is the intrinsic value of Daulat Securities Ltd and is it undervalued?

As of 10 May 2026, Daulat Securities Ltd's intrinsic value is ₹35.75, which is 9.66% higher than the current market price of ₹32.60, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (7.59 %), book value (₹45.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Daulat Securities Ltd?

Daulat Securities Ltd is trading at ₹32.60 as of 10 May 2026, with a FY2026-2027 high of ₹46.0 and low of ₹24.1. The stock is currently in the middle of its 52-week range. Market cap stands at ₹16.3 Cr..

How does Daulat Securities Ltd's P/E ratio compare to its industry?

Daulat Securities Ltd has a P/E ratio of , which is below the industry average of 113.64. This is broadly in line with or below the industry average.

Is Daulat Securities Ltd financially healthy?

Key indicators for Daulat Securities Ltd: ROCE of 7.54 % is on the lower side compared to the industry average of 21.34%; ROE of 7.59 % is below ideal levels (industry average: 13.78%). Dividend yield is 0.00 %.

Is Daulat Securities Ltd profitable and how is the profit trend?

Daulat Securities Ltd reported a net profit of ₹2 Cr in Mar 2025 on revenue of ₹3 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Daulat Securities Ltd pay dividends?

Daulat Securities Ltd has a dividend yield of 0.00 % at the current price of ₹32.60. The company is currently not paying meaningful dividends.