Share Price and Basic Stock Data
Last Updated: November 3, 2025, 9:11 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Khandwala Securities Ltd operates in the Finance & Investments sector, with its stock price currently standing at ₹23.5 and a market capitalization of ₹35.8 Cr. The company has shown fluctuations in revenue, with reported sales of ₹6.45 Cr for the year ending March 2023, rising to ₹8.70 Cr in March 2024, and further increasing to ₹10.29 Cr in March 2025. Despite this growth trajectory, the quarterly sales figures demonstrate volatility; for instance, sales recorded in December 2022 peaked at ₹3.38 Cr, contrasting with a dip to ₹1.14 Cr by June 2025. This inconsistency suggests that while Khandwala Securities has the potential for revenue growth, its operational effectiveness may need to be more stable to sustain this momentum. The trailing twelve months (TTM) revenue stands at ₹8.16 Cr, indicating a recent upward trend compared to previous years, though it remains to be seen if this can translate into sustained profitability.
Profitability and Efficiency Metrics
The profitability metrics for Khandwala Securities Ltd reflect significant challenges. The company reported a net profit of -₹1.86 Cr for the financial year ending March 2025, a decline from a net profit of ₹0.44 Cr in March 2023. Operating profit margins (OPM) have also fluctuated dramatically, with a reported OPM of -56.14% for the latest period, highlighting operational inefficiencies. The interest coverage ratio stood at 6.24x, indicating that Khandwala can meet its interest obligations comfortably. However, the return on equity (ROE) at 15.2% and return on capital employed (ROCE) at 14.2% suggest that when profits are generated, they yield reasonable returns, albeit from a low base. The cash conversion cycle (CCC) of 137.27 days indicates a relatively slow turnover of assets, which could strain liquidity and operational efficiency.
Balance Sheet Strength and Financial Ratios
Khandwala Securities Ltd’s balance sheet presents a mixed picture. The company reported total borrowings of ₹1.50 Cr against reserves of ₹14.26 Cr, indicating a conservative capital structure with a low debt-to-equity ratio of 0.04, which is favorable compared to typical industry standards. The book value per share stood at ₹18.94, while the price-to-book value (P/BV) ratio was recorded at 1.17x, suggesting the stock is reasonably valued relative to its net assets. The current ratio of 1.48x demonstrates adequate liquidity, allowing the company to cover its short-term obligations. However, the decline in total assets to ₹43.94 Cr in March 2025 from ₹47.89 Cr in March 2022 raises concerns about asset utilization and growth potential. The efficiency metrics, including a return on assets (ROA) of -1.84%, further highlight the need for improved asset management.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Khandwala Securities Ltd reveals a stable ownership structure, with promoters holding 48.27% of the shares as of June 2025, indicating a strong management commitment to the company. The public holds 51.73%, reflecting a healthy distribution of shares among retail investors, with the number of shareholders increasing to 4,561 from 3,506 in December 2022. This growth in shareholder base may suggest rising investor interest despite the company’s financial challenges. However, the absence of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) could indicate a lack of confidence from institutional players, which may affect market sentiment. The increasing public shareholding percentage, from 52.33% in December 2022 to 51.73% in June 2025, could be interpreted as a sign of resilience in investor trust, even amidst operational setbacks.
Outlook, Risks, and Final Insight
The outlook for Khandwala Securities Ltd is contingent upon its ability to stabilize revenue growth and improve profitability. The company faces risks including operational inefficiencies, as reflected in its fluctuating OPM and negative net profit trends. Additionally, the high cash conversion cycle indicates potential liquidity challenges that could hinder operational flexibility. However, the low debt levels present an opportunity for the company to leverage financial resources without significant risk. Strengthening asset management and operational efficiency will be crucial for Khandwala to capitalize on its existing market position. If the company can navigate its current challenges effectively, it may attract institutional investments and restore investor confidence, leading to a more favorable market perception and potential stock price appreciation in the future.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Khandwala Securities Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MKVentures Capital Ltd | 501 Cr. | 1,303 | 2,400/1,151 | 59.1 | 267 | 0.02 % | 16.6 % | 9.56 % | 10.0 |
| My Money Securities Ltd | 78.8 Cr. | 46.9 | 69.2/19.2 | 15.8 | 0.00 % | 44.0 % | 29.8 % | 10.0 | |
| Nam Securities Ltd | 43.1 Cr. | 80.0 | 170/68.6 | 180 | 21.0 | 0.00 % | 4.48 % | 3.22 % | 10.0 |
| ICDS Ltd | 63.8 Cr. | 49.0 | 76.2/37.0 | 30.4 | 22.2 | 0.00 % | 11.8 % | 6.05 % | 10.0 |
| HCKK Ventures Ltd | 11.9 Cr. | 32.2 | 165/29.0 | 42.6 | 11.8 | 0.00 % | 6.93 % | 5.14 % | 10.0 |
| Industry Average | 21,005.42 Cr | 1,572.68 | 41.28 | 3,629.30 | 0.37% | 11.38% | 25.55% | 6.85 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.74 | 0.78 | 3.38 | 1.36 | 1.93 | 1.60 | 2.16 | 2.83 | 2.52 | 3.14 | 2.70 | 1.18 | 1.14 |
| Expenses | 1.06 | 1.24 | 1.34 | 1.72 | 1.73 | 1.36 | 1.81 | 3.05 | 1.97 | 7.64 | 2.44 | 2.41 | 1.78 |
| Operating Profit | -0.32 | -0.46 | 2.04 | -0.36 | 0.20 | 0.24 | 0.35 | -0.22 | 0.55 | -4.50 | 0.26 | -1.23 | -0.64 |
| OPM % | -43.24% | -58.97% | 60.36% | -26.47% | 10.36% | 15.00% | 16.20% | -7.77% | 21.83% | -143.31% | 9.63% | -104.24% | -56.14% |
| Other Income | 0.26 | 1.08 | 0.04 | -1.15 | 0.05 | 0.04 | 0.04 | 0.05 | 0.06 | 4.81 | 0.35 | 0.37 | 0.16 |
| Interest | 0.13 | 0.10 | 0.04 | 0.07 | 0.06 | 0.10 | 0.06 | 0.05 | 0.05 | 0.02 | 0.01 | 0.03 | 0.04 |
| Depreciation | 0.08 | 0.09 | 0.09 | 0.04 | 0.05 | 0.07 | 0.08 | 0.12 | 0.10 | 0.07 | 0.07 | 0.11 | 0.07 |
| Profit before tax | -0.27 | 0.43 | 1.95 | -1.62 | 0.14 | 0.11 | 0.25 | -0.34 | 0.46 | 0.22 | 0.53 | -1.00 | -0.59 |
| Tax % | -3.70% | -4.65% | -1.03% | 6.17% | 0.00% | 0.00% | -4.00% | 0.00% | -2.17% | -4.55% | -1.89% | 105.00% | 0.00% |
| Net Profit | -0.25 | 0.45 | 1.97 | -1.72 | 0.14 | 0.11 | 0.27 | -0.34 | 0.48 | 0.24 | 0.54 | -2.05 | -0.59 |
| EPS in Rs | -0.21 | 0.30 | 1.29 | -1.13 | 0.09 | 0.07 | 0.18 | -0.22 | 0.31 | 0.16 | 0.35 | -1.34 | -0.39 |
Last Updated: August 20, 2025, 8:10 am
Below is a detailed analysis of the quarterly data for Khandwala Securities Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1.14 Cr.. The value appears to be declining and may need further review. It has decreased from 1.18 Cr. (Mar 2025) to 1.14 Cr., marking a decrease of 0.04 Cr..
- For Expenses, as of Jun 2025, the value is 1.78 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.41 Cr. (Mar 2025) to 1.78 Cr., marking a decrease of 0.63 Cr..
- For Operating Profit, as of Jun 2025, the value is -0.64 Cr.. The value appears strong and on an upward trend. It has increased from -1.23 Cr. (Mar 2025) to -0.64 Cr., marking an increase of 0.59 Cr..
- For OPM %, as of Jun 2025, the value is -56.14%. The value appears strong and on an upward trend. It has increased from -104.24% (Mar 2025) to -56.14%, marking an increase of 48.10%.
- For Other Income, as of Jun 2025, the value is 0.16 Cr.. The value appears to be declining and may need further review. It has decreased from 0.37 Cr. (Mar 2025) to 0.16 Cr., marking a decrease of 0.21 Cr..
- For Interest, as of Jun 2025, the value is 0.04 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.03 Cr. (Mar 2025) to 0.04 Cr., marking an increase of 0.01 Cr..
- For Depreciation, as of Jun 2025, the value is 0.07 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.11 Cr. (Mar 2025) to 0.07 Cr., marking a decrease of 0.04 Cr..
- For Profit before tax, as of Jun 2025, the value is -0.59 Cr.. The value appears strong and on an upward trend. It has increased from -1.00 Cr. (Mar 2025) to -0.59 Cr., marking an increase of 0.41 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value appears to be improving (decreasing) as expected. It has decreased from 105.00% (Mar 2025) to 0.00%, marking a decrease of 105.00%.
- For Net Profit, as of Jun 2025, the value is -0.59 Cr.. The value appears strong and on an upward trend. It has increased from -2.05 Cr. (Mar 2025) to -0.59 Cr., marking an increase of 1.46 Cr..
- For EPS in Rs, as of Jun 2025, the value is -0.39. The value appears strong and on an upward trend. It has increased from -1.34 (Mar 2025) to -0.39, marking an increase of 0.95.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:00 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 | 4.21 | 4.92 | 3.42 | 4.14 | 3.81 | 3.64 | 2.87 | 3.74 | 6.23 | 6.45 | 8.70 | 10.29 | 8.16 |
| Expenses | 3.87 | 3.75 | 3.60 | 4.91 | 4.03 | 5.44 | 6.15 | 4.45 | 5.29 | 5.36 | 7.95 | 14.45 | 14.27 |
| Operating Profit | 0.34 | 1.17 | -0.18 | -0.77 | -0.22 | -1.80 | -3.28 | -0.71 | 0.94 | 1.09 | 0.75 | -4.16 | -6.11 |
| OPM % | 8.08% | 23.78% | -5.26% | -18.60% | -5.77% | -49.45% | -114.29% | -18.98% | 15.09% | 16.90% | 8.62% | -40.43% | -74.88% |
| Other Income | 0.17 | 0.15 | 0.07 | 0.82 | 0.03 | 2.46 | 0.75 | 0.03 | 0.12 | 0.04 | 0.00 | 4.84 | 5.69 |
| Interest | 0.50 | 0.53 | 0.32 | 0.35 | 0.28 | 0.23 | 0.82 | 0.74 | 0.71 | 0.34 | 0.27 | 0.11 | 0.10 |
| Depreciation | 0.29 | 0.61 | 0.29 | 0.30 | 0.29 | 0.28 | 0.28 | 0.28 | 0.29 | 0.29 | 0.31 | 0.34 | 0.32 |
| Profit before tax | -0.28 | 0.18 | -0.72 | -0.60 | -0.76 | 0.15 | -3.63 | -1.70 | 0.06 | 0.50 | 0.17 | 0.23 | -0.84 |
| Tax % | -3.57% | -38.89% | -1.39% | 1.67% | -1.32% | -26.67% | -1.10% | -2.94% | -100.00% | 10.00% | -5.88% | 447.83% | |
| Net Profit | -0.28 | 0.25 | -0.70 | -0.61 | -0.75 | 0.19 | -3.59 | -1.65 | 0.12 | 0.44 | 0.17 | -0.80 | -1.86 |
| EPS in Rs | -0.23 | 0.21 | -0.59 | -0.51 | -0.63 | 0.16 | -3.01 | -1.38 | 0.10 | 0.29 | 0.11 | -0.52 | -1.22 |
| 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% |
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 (%) | 189.29% | -380.00% | 12.86% | -22.95% | 125.33% | -1989.47% | 54.04% | 107.27% | 266.67% | -61.36% | -570.59% |
| Change in YoY Net Profit Growth (%) | 0.00% | -569.29% | 392.86% | -35.81% | 148.28% | -2114.81% | 2043.51% | 53.23% | 159.39% | -328.03% | -509.22% |
Khandwala 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: | 7% |
| 5 Years: | 27% |
| 3 Years: | 15% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | % |
| TTM: | -458% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 20% |
| 3 Years: | -6% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -1% |
| 3 Years: | 0% |
| Last Year: | -3% |
Last Updated: September 5, 2025, 9:05 am
Balance Sheet
Last Updated: October 10, 2025, 2:23 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.94 | 11.94 | 11.94 | 11.94 | 11.94 | 11.94 | 11.94 | 11.94 | 11.94 | 15.25 | 15.25 | 15.25 |
| Reserves | 15.59 | 15.84 | 15.14 | 14.53 | 13.78 | 13.90 | 10.31 | 8.64 | 8.79 | 14.87 | 15.05 | 14.26 |
| Borrowings | 7.15 | 4.83 | 5.08 | 4.92 | 4.84 | 6.39 | 7.74 | 6.94 | 6.47 | 2.64 | 1.55 | 1.50 |
| Other Liabilities | 11.11 | 6.77 | 8.54 | 7.82 | 10.30 | 15.25 | 10.53 | 14.47 | 20.69 | 11.44 | 16.38 | 12.93 |
| Total Liabilities | 45.79 | 39.38 | 40.70 | 39.21 | 40.86 | 47.48 | 40.52 | 41.99 | 47.89 | 44.20 | 48.23 | 43.94 |
| Fixed Assets | 7.54 | 6.98 | 7.18 | 6.96 | 6.71 | 5.81 | 5.60 | 5.45 | 5.20 | 5.49 | 5.54 | 1.65 |
| 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 |
| Investments | 3.45 | 3.40 | 3.40 | 3.40 | 3.40 | 4.15 | 4.55 | 4.41 | 3.99 | 5.42 | 6.44 | 14.99 |
| Other Assets | 34.80 | 29.00 | 30.12 | 28.85 | 30.75 | 37.52 | 30.37 | 32.13 | 38.70 | 33.29 | 36.25 | 27.30 |
| Total Assets | 45.79 | 39.38 | 40.70 | 39.21 | 40.86 | 47.48 | 40.52 | 41.99 | 47.89 | 44.20 | 48.23 | 43.94 |
Below is a detailed analysis of the balance sheet data for Khandwala Securities Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 15.25 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 15.25 Cr..
- For Reserves, as of Mar 2025, the value is 14.26 Cr.. The value appears to be declining and may need further review. It has decreased from 15.05 Cr. (Mar 2024) to 14.26 Cr., marking a decrease of 0.79 Cr..
- For Borrowings, as of Mar 2025, the value is 1.50 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1.55 Cr. (Mar 2024) to 1.50 Cr., marking a decrease of 0.05 Cr..
- For Other Liabilities, as of Mar 2025, the value is 12.93 Cr.. The value appears to be improving (decreasing). It has decreased from 16.38 Cr. (Mar 2024) to 12.93 Cr., marking a decrease of 3.45 Cr..
- For Total Liabilities, as of Mar 2025, the value is 43.94 Cr.. The value appears to be improving (decreasing). It has decreased from 48.23 Cr. (Mar 2024) to 43.94 Cr., marking a decrease of 4.29 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1.65 Cr.. The value appears to be declining and may need further review. It has decreased from 5.54 Cr. (Mar 2024) to 1.65 Cr., marking a decrease of 3.89 Cr..
- For CWIP, as of Mar 2025, 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 Mar 2025, the value is 14.99 Cr.. The value appears strong and on an upward trend. It has increased from 6.44 Cr. (Mar 2024) to 14.99 Cr., marking an increase of 8.55 Cr..
- For Other Assets, as of Mar 2025, the value is 27.30 Cr.. The value appears to be declining and may need further review. It has decreased from 36.25 Cr. (Mar 2024) to 27.30 Cr., marking a decrease of 8.95 Cr..
- For Total Assets, as of Mar 2025, the value is 43.94 Cr.. The value appears to be declining and may need further review. It has decreased from 48.23 Cr. (Mar 2024) to 43.94 Cr., marking a decrease of 4.29 Cr..
Notably, the Reserves (14.26 Cr.) exceed the Borrowings (1.50 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.
Cash Flow - No data available for this post.
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 | -6.81 | -3.66 | -5.26 | -5.69 | -5.06 | -8.19 | -11.02 | -7.65 | -5.53 | -1.55 | -0.80 | -5.66 |
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.
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 | 1,246.72 | 889.50 | 1,044.84 | 864.89 | 875.62 | 893.45 | 1,194.20 | 667.54 | 275.36 | 443.09 | 278.99 | 137.27 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1,246.72 | 889.50 | 1,044.84 | 864.89 | 875.62 | 893.45 | 1,194.20 | 667.54 | 275.36 | 443.09 | 278.99 | 137.27 |
| Working Capital Days | 339.86 | 504.47 | 298.83 | 379.99 | 213.64 | -586.61 | -86.48 | -685.11 | -606.38 | 184.48 | -142.64 | -198.64 |
| ROCE % | 0.64% | 2.11% | -1.24% | -0.79% | -1.55% | -4.62% | -9.03% | -3.34% | 2.81% | 2.80% | 1.36% | -14.22% |
This stock is not held by any mutual fund.
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.) | -0.52 | 0.11 | 0.29 | 0.10 | -1.38 |
| Diluted EPS (Rs.) | -0.52 | 0.11 | 0.29 | 0.10 | -1.38 |
| Cash EPS (Rs.) | -0.29 | 0.31 | 0.48 | 0.33 | -1.15 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 18.94 | 19.46 | 19.33 | 16.84 | 16.71 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 18.94 | 19.46 | 19.33 | 16.84 | 16.71 |
| Revenue From Operations / Share (Rs.) | 6.25 | 5.58 | 4.11 | 5.11 | 3.01 |
| PBDIT / Share (Rs.) | 0.44 | 0.49 | 0.73 | 0.88 | -0.57 |
| PBIT / Share (Rs.) | 0.21 | 0.28 | 0.54 | 0.64 | -0.80 |
| PBT / Share (Rs.) | 0.14 | 0.10 | 0.32 | 0.05 | -1.42 |
| Net Profit / Share (Rs.) | -0.52 | 0.11 | 0.29 | 0.09 | -1.38 |
| NP After MI And SOA / Share (Rs.) | -0.52 | 0.11 | 0.29 | 0.09 | -1.38 |
| PBDIT Margin (%) | 7.09 | 8.79 | 18.01 | 17.35 | -18.92 |
| PBIT Margin (%) | 3.49 | 5.11 | 13.30 | 12.67 | -26.64 |
| PBT Margin (%) | 2.35 | 1.92 | 7.92 | 1.01 | -47.21 |
| Net Profit Margin (%) | -8.39 | 2.04 | 7.07 | 1.95 | -45.91 |
| NP After MI And SOA Margin (%) | -8.39 | 2.04 | 7.07 | 1.95 | -45.91 |
| Return on Networth / Equity (%) | -2.77 | 0.58 | 1.50 | 0.59 | -8.27 |
| Return on Capital Employeed (%) | 1.09 | 1.38 | 2.57 | 2.88 | -3.53 |
| Return On Assets (%) | -1.84 | 0.36 | 1.01 | 0.25 | -3.99 |
| Long Term Debt / Equity (X) | 0.04 | 0.04 | 0.08 | 0.32 | 0.34 |
| Total Debt / Equity (X) | 0.04 | 0.04 | 0.08 | 0.32 | 0.34 |
| Asset Turnover Ratio (%) | 0.20 | 0.18 | 0.13 | 0.13 | 0.08 |
| Current Ratio (X) | 1.48 | 1.01 | 1.87 | 0.94 | 0.96 |
| Quick Ratio (X) | 1.48 | 1.01 | 1.87 | 0.94 | 0.96 |
| Interest Coverage Ratio (X) | 6.24 | 2.76 | 3.35 | 1.49 | -0.92 |
| Interest Coverage Ratio (Post Tax) (X) | -6.38 | 1.64 | 2.32 | 1.17 | -1.23 |
| Enterprise Value (Cr.) | 34.63 | 44.44 | 31.62 | 21.54 | 18.23 |
| EV / Net Operating Revenue (X) | 3.63 | 5.22 | 5.05 | 3.53 | 5.07 |
| EV / EBITDA (X) | 51.19 | 59.35 | 28.02 | 20.34 | -26.79 |
| MarketCap / Net Operating Revenue (X) | 3.54 | 5.41 | 5.61 | 3.94 | 4.91 |
| Price / BV (X) | 1.17 | 1.55 | 1.19 | 1.20 | 0.88 |
| Price / Net Operating Revenue (X) | 3.55 | 5.41 | 5.61 | 3.95 | 4.91 |
| EarningsYield | -0.02 | 0.00 | 0.01 | 0.00 | -0.09 |
After reviewing the key financial ratios for Khandwala Securities Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is -0.52. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 24) to -0.52, marking a decrease of 0.63.
- For Diluted EPS (Rs.), as of Mar 25, the value is -0.52. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 24) to -0.52, marking a decrease of 0.63.
- For Cash EPS (Rs.), as of Mar 25, the value is -0.29. This value is below the healthy minimum of 3. It has decreased from 0.31 (Mar 24) to -0.29, marking a decrease of 0.60.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 18.94. It has decreased from 19.46 (Mar 24) to 18.94, marking a decrease of 0.52.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 18.94. It has decreased from 19.46 (Mar 24) to 18.94, marking a decrease of 0.52.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 6.25. It has increased from 5.58 (Mar 24) to 6.25, marking an increase of 0.67.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 0.44. This value is below the healthy minimum of 2. It has decreased from 0.49 (Mar 24) to 0.44, marking a decrease of 0.05.
- For PBIT / Share (Rs.), as of Mar 25, the value is 0.21. This value is within the healthy range. It has decreased from 0.28 (Mar 24) to 0.21, marking a decrease of 0.07.
- For PBT / Share (Rs.), as of Mar 25, the value is 0.14. This value is within the healthy range. It has increased from 0.10 (Mar 24) to 0.14, marking an increase of 0.04.
- For Net Profit / Share (Rs.), as of Mar 25, the value is -0.52. This value is below the healthy minimum of 2. It has decreased from 0.11 (Mar 24) to -0.52, marking a decrease of 0.63.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -0.52. This value is below the healthy minimum of 2. It has decreased from 0.11 (Mar 24) to -0.52, marking a decrease of 0.63.
- For PBDIT Margin (%), as of Mar 25, the value is 7.09. This value is below the healthy minimum of 10. It has decreased from 8.79 (Mar 24) to 7.09, marking a decrease of 1.70.
- For PBIT Margin (%), as of Mar 25, the value is 3.49. This value is below the healthy minimum of 10. It has decreased from 5.11 (Mar 24) to 3.49, marking a decrease of 1.62.
- For PBT Margin (%), as of Mar 25, the value is 2.35. This value is below the healthy minimum of 10. It has increased from 1.92 (Mar 24) to 2.35, marking an increase of 0.43.
- For Net Profit Margin (%), as of Mar 25, the value is -8.39. This value is below the healthy minimum of 5. It has decreased from 2.04 (Mar 24) to -8.39, marking a decrease of 10.43.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is -8.39. This value is below the healthy minimum of 8. It has decreased from 2.04 (Mar 24) to -8.39, marking a decrease of 10.43.
- For Return on Networth / Equity (%), as of Mar 25, the value is -2.77. This value is below the healthy minimum of 15. It has decreased from 0.58 (Mar 24) to -2.77, marking a decrease of 3.35.
- For Return on Capital Employeed (%), as of Mar 25, the value is 1.09. This value is below the healthy minimum of 10. It has decreased from 1.38 (Mar 24) to 1.09, marking a decrease of 0.29.
- For Return On Assets (%), as of Mar 25, the value is -1.84. This value is below the healthy minimum of 5. It has decreased from 0.36 (Mar 24) to -1.84, marking a decrease of 2.20.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.04. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.04.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.04. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.20. It has increased from 0.18 (Mar 24) to 0.20, marking an increase of 0.02.
- For Current Ratio (X), as of Mar 25, the value is 1.48. This value is below the healthy minimum of 1.5. It has increased from 1.01 (Mar 24) to 1.48, marking an increase of 0.47.
- For Quick Ratio (X), as of Mar 25, the value is 1.48. This value is within the healthy range. It has increased from 1.01 (Mar 24) to 1.48, marking an increase of 0.47.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 6.24. This value is within the healthy range. It has increased from 2.76 (Mar 24) to 6.24, marking an increase of 3.48.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -6.38. This value is below the healthy minimum of 3. It has decreased from 1.64 (Mar 24) to -6.38, marking a decrease of 8.02.
- For Enterprise Value (Cr.), as of Mar 25, the value is 34.63. It has decreased from 44.44 (Mar 24) to 34.63, marking a decrease of 9.81.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.63. This value exceeds the healthy maximum of 3. It has decreased from 5.22 (Mar 24) to 3.63, marking a decrease of 1.59.
- For EV / EBITDA (X), as of Mar 25, the value is 51.19. This value exceeds the healthy maximum of 15. It has decreased from 59.35 (Mar 24) to 51.19, marking a decrease of 8.16.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.54. This value exceeds the healthy maximum of 3. It has decreased from 5.41 (Mar 24) to 3.54, marking a decrease of 1.87.
- For Price / BV (X), as of Mar 25, the value is 1.17. This value is within the healthy range. It has decreased from 1.55 (Mar 24) to 1.17, marking a decrease of 0.38.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.55. This value exceeds the healthy maximum of 3. It has decreased from 5.41 (Mar 24) to 3.55, marking a decrease of 1.86.
- For EarningsYield, as of Mar 25, the value is -0.02. This value is below the healthy minimum of 5. It has decreased from 0.00 (Mar 24) to -0.02, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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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 Khandwala Securities Ltd:
- Net Profit Margin: -8.39%
- 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.
- ROCE: 1.09% (Industry Average ROCE: 11.38%)
- 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.
- ROE%: -2.77% (Industry Average ROE: 25.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -6.38
- 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.
- Quick Ratio: 1.48
- 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.
- Stock P/E: 0 (Industry average Stock P/E: 41.28)
- 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.
- Total Debt / Equity: 0.04
- 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.
Stock Rating: - Net Profit Margin: -8.39%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Finance & Investments | G-II, Ground Floor, Dalamal House, Mumbai Maharashtra 400021 | investorgrievances@kslindia.com https://kslindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Homiar N Vakil | Chairman & Ind.Director |
| Mr. Paresh J Khandwala | Managing Director |
| Mr. Pranav Khandwala | WholeTime Director & CFO |
| Mr. Pratik Khandwala | Non Executive Director |
| Mrs. Bhagyashree Khandwala | Non Executive Director |
| Mr. Kalpen Shukla | Independent Director |
FAQ
What is the intrinsic value of Khandwala Securities Ltd?
Khandwala Securities Ltd's intrinsic value (as of 03 November 2025) is 36.09 which is 53.57% higher the current market price of 23.50, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 35.8 Cr. market cap, FY2025-2026 high/low of 37.3/18.8, reserves of ₹14.26 Cr, and liabilities of 43.94 Cr.
What is the Market Cap of Khandwala Securities Ltd?
The Market Cap of Khandwala Securities Ltd is 35.8 Cr..
What is the current Stock Price of Khandwala Securities Ltd as on 03 November 2025?
The current stock price of Khandwala Securities Ltd as on 03 November 2025 is 23.5.
What is the High / Low of Khandwala Securities Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Khandwala Securities Ltd stocks is 37.3/18.8.
What is the Stock P/E of Khandwala Securities Ltd?
The Stock P/E of Khandwala Securities Ltd is .
What is the Book Value of Khandwala Securities Ltd?
The Book Value of Khandwala Securities Ltd is 19.4.
What is the Dividend Yield of Khandwala Securities Ltd?
The Dividend Yield of Khandwala Securities Ltd is 0.00 %.
What is the ROCE of Khandwala Securities Ltd?
The ROCE of Khandwala Securities Ltd is 14.2 %.
What is the ROE of Khandwala Securities Ltd?
The ROE of Khandwala Securities Ltd is 15.2 %.
What is the Face Value of Khandwala Securities Ltd?
The Face Value of Khandwala Securities Ltd is 10.0.