Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 1, 2026, 4:08 am
Author: Getaka|Social: XLinkedIn

SecUR Credentials Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹7.14Undervalued by 357.69%vs CMP ₹1.56

P/E (15.0) × ROE (5.6%) × BV (₹10.40) × DY (2.00%)

Defaults: P/E=15

₹8.76Undervalued by 461.54%vs CMP ₹1.56
MoS: +82.2% (Strong)Confidence: 55/100 (Moderate)Models: All 4: Undervalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹6.4341%Under (+312.2%)
Net Asset ValueAssets₹10.3824%Under (+565.4%)
ROCE CapitalReturns₹18.1716%Under (+1064.7%)
Revenue MultipleRevenue₹3.4218%Under (+119.2%)
Consensus (4 models)₹8.76100%Undervalued
Key Drivers: Wide model spread (₹3–₹18) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -10.0% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

31
SecUR Credentials Ltd scores 31/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health41/100 · Moderate
ROCE 7.0% WeakROE 5.6% WeakD/E 0.42 ModerateInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money50/100 · Moderate
FII holding stable No change
Earnings Quality30/100 · Weak
OPM contracting (17% → 5%) DecliningWorking capital: 243 days Capital intensive
Quarterly Momentum15/100 · Weak
Revenue (4Q): -44% YoY DecliningProfit (4Q): -132% YoY DecliningOPM: -312.5% (down 321.9% YoY) Margin pressure
Industry Rank20/100 · Weak
ROCE 7.0% vs industry 21.4% Below peersROE 5.6% vs industry 19.8% Below peers3Y sales CAGR: -13% Shrinking

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: April 1, 2026, 4:08 am

Market Cap 6.41 Cr.
Current Price 1.56
Intrinsic Value₹8.76
High / Low 1.80/1.52
Stock P/E
Book Value 10.4
Dividend Yield0.00 %
ROCE6.97 %
ROE5.61 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for SecUR Credentials Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
IMEC Services Ltd 30.3 Cr. 159 448/54.21.32 1350.00 %177 %177 % 10.0
Focus Business Solution Ltd 104 Cr. 143 146/51.588.3 11.10.04 %15.5 %12.4 % 10.0
EKI Energy Services Ltd 195 Cr. 70.5 140/60.063.8 1542.84 %3.93 %3.46 % 10.0
CMS Info Systems Ltd 4,640 Cr. 282 541/26215.3 1352.31 %21.8 %15.7 % 10.0
Ashram Online.Com Ltd 5.16 Cr. 4.30 6.48/4.03 10.50.00 %0.32 %0.57 % 10.0
Industry Average9,395.86 Cr456.1029.58147.900.87%21.42%19.77%8.65

All Competitor Stocks of SecUR Credentials Ltd

Quarterly Result

MetricSep 2017Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales 6.778.2710.0510.9222.1012.3711.4212.0014.1910.017.017.044.07
Expenses 6.016.378.099.4119.658.986.945.5512.867.185.425.7016.79
Operating Profit 0.761.901.961.512.453.394.486.451.332.831.591.34-12.72
OPM % 11.23%22.97%19.50%13.83%11.09%27.41%39.23%53.75%9.37%28.27%22.68%19.03%-312.53%
Other Income 0.070.020.240.050.130.040.740.080.490.130.410.844.36
Interest 0.110.590.930.290.950.730.620.590.940.550.670.610.49
Depreciation 0.020.470.840.730.770.830.940.950.870.880.890.830.69
Profit before tax 0.700.860.430.540.861.873.664.990.011.530.440.74-9.54
Tax % 30.00%44.19%-58.14%50.00%-4.65%59.89%16.67%26.25%-1,200.00%34.64%-638.64%44.59%-25.26%
Net Profit 0.480.480.690.270.910.763.063.680.141.013.250.41-7.13
EPS in Rs 0.170.120.170.070.220.180.740.900.030.250.790.10-1.74

Last Updated: December 29, 2025, 5:30 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 5:46 pm

MetricMar 2011Mar 2012Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales 0.690.830.004.419.8037.6460.0454.7442.6051.3346.2528.13
Expenses 0.650.770.084.347.0729.6648.2746.9934.8143.5130.5735.10
Operating Profit 0.040.06-0.080.072.737.9811.777.757.797.8215.68-6.97
OPM % 5.80%7.23%1.59%27.86%21.20%19.60%14.16%18.29%15.23%33.90%-24.78%
Other Income 0.020.000.000.000.000.160.290.23-2.590.441.345.74
Interest 0.000.000.000.000.130.341.973.894.212.762.892.32
Depreciation 0.010.010.000.000.040.612.043.062.922.803.583.28
Profit before tax 0.050.05-0.080.072.567.198.051.03-1.932.7010.55-6.83
Tax % 20.00%40.00%0.00%71.43%32.81%28.23%29.81%66.02%12.44%39.63%26.26%-64.13%
Net Profit 0.030.04-0.090.021.715.165.650.36-2.161.627.79-2.46
EPS in Rs 1.251.370.09-0.520.391.90-0.60
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%4.33%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2011-20122015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)33.33%122.22%8450.00%201.75%9.50%-93.63%-700.00%175.00%380.86%-131.58%
Change in YoY Net Profit Growth (%)0.00%88.89%8327.78%-8248.25%-192.26%-103.12%-606.37%875.00%205.86%-512.44%

SecUR Credentials Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2011-2012 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:4%
3 Years:-5%
TTM:-34%
Compounded Profit Growth
10 Years:%
5 Years:9%
3 Years:179%
TTM:-43%
Stock Price CAGR
10 Years:%
5 Years:-4%
3 Years:-54%
1 Year:-78%
Return on Equity
10 Years:%
5 Years:7%
3 Years:6%
Last Year:19%

Last Updated: September 5, 2025, 1:26 pm

Balance Sheet

Last Updated: January 7, 2026, 4:21 pm

MonthMar 2011Mar 2012Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital 0.010.010.010.010.014.894.894.894.894.8941.0641.06
Reserves 0.270.290.200.212.0233.6639.3038.9736.8132.694.051.59
Borrowings 1.210.340.610.160.003.9726.9326.6917.6422.9721.2920.37
Other Liabilities 0.130.270.130.406.385.7717.7121.8224.7936.9026.4415.97
Total Liabilities 1.620.910.950.788.4148.2988.8392.3784.1397.4592.8478.99
Fixed Assets 0.040.030.010.000.3112.7433.6730.8812.3216.8215.3110.06
CWIP 0.000.000.000.004.545.270.060.080.001.990.000.00
Investments 0.000.000.000.000.000.000.000.000.030.020.020.02
Other Assets 1.580.880.940.783.5630.2855.1061.4171.7878.6277.5168.91
Total Assets 1.620.910.950.788.4148.2988.8392.3784.1397.4592.8478.99

Reserves and Borrowings Chart

Cash Flow

MonthMar 2011Mar 2012Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity + 0.000.005.52-14.174.684.28-3.802.148.834.57
Cash from Investing Activity + 0.000.00-4.89-15.22-17.85-0.3811.63-5.65-0.080.11
Cash from Financing Activity + 0.000.00-0.2933.5515.01-3.93-13.033.39-8.85-4.57
Net Cash Flow 0.000.000.354.161.83-0.03-5.19-0.12-0.100.12
Free Cash Flow 0.000.000.63-27.95-13.084.007.95-3.518.754.68
CFO/OP 0%0%218%-156%56%79%-45%27%74%-105%

Free Cash Flow

MonthMar 2011Mar 2012Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-1.17-0.28-0.69-0.092.734.01-15.16-18.94-9.85-15.15-5.61-27.34

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

MonthMar 2011Mar 2012Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days 338.550.000.0075.61148.46142.07164.10346.32278.03299.02
Inventory Days
Days Payable
Cash Conversion Cycle 338.550.000.0075.61148.46142.07164.10346.32278.03299.02
Working Capital Days 682.39228.6729.80-118.07133.8247.7239.61166.13159.64242.83
ROCE %4.69%11.67%223.24%33.80%17.63%6.95%9.64%9.11%21.17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
FIIs 0.23%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 99.76%99.99%100.00%99.99%100.00%100.00%100.01%100.00%100.00%100.00%100.01%100.01%
No. of Shareholders 5,9956,2336,7508,5019,62610,06312,88513,87013,97713,94713,94713,947

Shareholding Pattern Chart

No. of Shareholders

SecUR Credentials 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

MonthMar 22Mar 21
FaceValue 10.0010.00
Basic EPS (Rs.) 4.20-4.42
Diluted EPS (Rs.) 4.20-4.42
Cash EPS (Rs.) 8.361.55
Book Value[Excl.RevalReserv]/Share (Rs.) 89.5185.31
Book Value[Incl.RevalReserv]/Share (Rs.) 89.5185.31
Revenue From Operations / Share (Rs.) 105.0287.16
PBDIT / Share (Rs.) 15.8318.79
PBIT / Share (Rs.) 11.6712.82
PBT / Share (Rs.) 6.99-3.94
Net Profit / Share (Rs.) 4.20-4.42
NP After MI And SOA / Share (Rs.) 4.20-4.42
PBDIT Margin (%) 15.0721.55
PBIT Margin (%) 11.1114.70
PBT Margin (%) 6.65-4.51
Net Profit Margin (%) 3.99-5.06
NP After MI And SOA Margin (%) 3.99-5.06
Return on Networth / Equity (%) 4.69-5.17
Return on Capital Employeed (%) 10.9514.22
Return On Assets (%) 2.08-2.56
Long Term Debt / Equity (X) 0.180.05
Total Debt / Equity (X) 0.420.42
Asset Turnover Ratio (%) 0.560.00
Current Ratio (X) 1.611.55
Quick Ratio (X) 1.611.55
Interest Coverage Ratio (X) 3.382.18
Interest Coverage Ratio (Post Tax) (X) 1.901.43
Enterprise Value (Cr.) 73.9721.26
EV / Net Operating Revenue (X) 1.440.49
EV / EBITDA (X) 9.562.31
MarketCap / Net Operating Revenue (X) 1.140.15
Price / BV (X) 1.330.15
Price / Net Operating Revenue (X) 1.140.15
EarningsYield 0.03-0.33

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

SecUR Credentials Ltd. is a Public Limited Listed company incorporated on 14/08/2001 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74110MH2001PLC133050 and registration number is 133050. Currently Company is involved in the business activities of Investigation activities. Company's Total Operating Revenue is Rs. 28.13 Cr. and Equity Capital is Rs. 41.06 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Services - OthersMastermind 4, Royal Palms Estate, Office No. 428, Aarey Milk Colony, Mumbai Maharashtra 400065Contact not found
Management
NamePosition Held
Mr. Ashish Ramesh MahendrakarChairperson & Executive Director
Mr. Bhimsen Vishwanath PawarExecutive Director
Mr. Amit Kumar BhartiInd. Non-Executive Director
Ms. Shireen KhanInd. Non-Executive Director

FAQ

What is the intrinsic value of SecUR Credentials Ltd and is it undervalued?

As of 13 April 2026, SecUR Credentials Ltd's intrinsic value is ₹8.76, which is 461.54% higher than the current market price of ₹1.56, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (5.61 %), book value (₹10.4), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of SecUR Credentials Ltd?

SecUR Credentials Ltd is trading at ₹1.56 as of 13 April 2026, with a FY2026-2027 high of ₹1.80 and low of ₹1.52. The stock is currently near its 52-week low. Market cap stands at ₹6.41 Cr..

How does SecUR Credentials Ltd's P/E ratio compare to its industry?

SecUR Credentials Ltd has a P/E ratio of , which is below the industry average of 29.58. This is broadly in line with or below the industry average.

Is SecUR Credentials Ltd financially healthy?

Key indicators for SecUR Credentials Ltd: ROCE of 6.97 % is on the lower side compared to the industry average of 21.42%; ROE of 5.61 % is below ideal levels (industry average: 19.77%). Dividend yield is 0.00 %.

Is SecUR Credentials Ltd profitable and how is the profit trend?

SecUR Credentials Ltd reported a net profit of ₹-2 Cr in Mar 2024 on revenue of ₹28 Cr. Compared to ₹-2 Cr in Mar 2021, the net profit shows a mixed trend.

Does SecUR Credentials Ltd pay dividends?

SecUR Credentials Ltd has a dividend yield of 0.00 % at the current price of ₹1.56. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in SecUR Credentials Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports