Palash Securities

Small Cap 2.7k Result

₹123.15

0.75 (0.61%)

As on 30 November, 2023 | 06:33 BSE: 540648 NSE: PALASHSECUISIN: INE471W01019

Palash Securities Performance

Day Range

Low 121.65
High 126.00

₹ 123.15

52 Week Range

Low 86.25
High 165.60

₹ 123.15

Open Price123.00
Previous Close122.40
Volume2111

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Palash Securities Share Price

Over 1 Month 17.06%
Over 3 Month 17.51%
Over 6 Month 22.6%
Over 1 Year 28.01%

Palash Securities Key Statistics

P/E Ratio	-4.9
PEG Ratio	0
Market Cap Cr	123
Price to Book Ratio	0.3
EPS	4.3
Dividend	0
Relative Strength Index	49.95
Money Flow Index	72.86
MACD Signal	4.27
Average True Range	8.41

Palash Securities Investment Rating

Master Rating:
Palash Securities has an operating revenue of Rs. 45.62 Cr. on a trailing 12-month basis. An annual revenue de-growth of -4% needs improvement, Pre-tax margin of -27% needs improvement, ROE of -4% is poor and needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 12% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -14% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 43 which is a POOR score indicating inconsistency in earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 46 indicates it belongs to a fair industry group of Real Estate Dvlpmt/Ops and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Palash Securities Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Mar 2023	Sep 2022
Oper Rev Qtr Cr	2	2
Operating Expenses Qtr Cr	0	0
Operating Profit Qtr Cr	2	2
Depreciation Qtr Cr	0	0
Interest Qtr Cr	0	0
Tax Qtr Cr	0	0
Net Profit Qtr Cr	2	2

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	5	2
Operating Expenses Annual Cr	0	0
Operating Profit Annual in Cr	4	0
Depreciation Cr	0	0
Interest Annual Cr	0	0
Tax Annual Cr	0	0
Net Profit Annual Cr	4	2

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	3	2
Cash from Investing Activity Annual Cr	0	-3
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr	2	-2

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	30	26
Fixed Assets Annual Cr	0	0
Total Non Current Assets Annual Cr	0	1
Total Current Assets Annual Cr	33	28
Total Assets Annual Cr	33	29

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	30	26
ROE Annual %	14	7
ROCE Annual %	14	7
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	99	243

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	14	8	11	12	19	11	10
Operating Expenses Qtr Cr	14	14	16	17	18	14	15
Operating Profit Qtr Cr	1	-5	-5	-5	2	-3	-5
Depreciation Qtr Cr	0	0	0	0	0	0	0
Interest Qtr Cr	1	1	1	1	1	1	1
Tax Qtr Cr	1	0	0	0	1	0	-5
Net Profit Qtr Cr	0	-4	-16	-6	0	-4	-1

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	54	56
Operating Expenses Annual Cr	65	66
Operating Profit Annual in Cr	-12	-12
Depreciation Cr	1	1
Interest Annual Cr	3	2
Tax Annual Cr	2	-4
Net Profit Annual Cr	-16	-9

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	-13	1
Cash from Investing Activity Annual Cr	0	0
Cash from Financing Annual Activity Cr	18	-2
Net Cash Flow Annual Cr	5	-2

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	385	548
Fixed Assets Annual Cr	47	48
Total Non Current Assets Annual Cr	52	53
Total Current Assets Annual Cr	382	549
Total Assets Annual Cr	434	602

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	398	548
ROE Annual %	-4	-2
ROCE Annual %	-3	-2
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	-20	-18

Invest in Palash Securities

Palash Securities Technicals

EMA & SMA

Current Price

₹123.15

0.75 (0.61%)

Bullish Moving Average
___
8

Bearish Moving Average
___
8

EMA SMA

20 Day
₹124.81

50 Day
₹118.90

100 Day
₹114.29

200 Day
₹110.46

20 Day
₹125.96

50 Day
₹116.94

100 Day
₹110.76

200 Day
₹108.60

Palash Securities Resistance and Support

PIVOT

₹123.6

Resistance
First Resistance	125.55
Second Resistance	127.95
Third Resistance	129.90

RSI	49.95
MFI	72.86
MACD Single Line	4.27
MACD	2.62

Support
First Resistance	121.20
Second Resistance	119.25
Third Resistance	116.85

Palash Securities Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	4,031	403,100	100
Week	4,385	438,500	100
1 Month	59,305	2,753,544	46.43
6 Month	25,540	1,129,380	44.22

Palash Securities Result Highlights

Palash Securities Synopsis

NSE-Real Estate Dvlpmt/Ops

Palash Securities is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 4.84 Cr. and Equity Capital is Rs. 10.00 Cr. for the Year ended 31/03/2023. Palash Securities Ltd. is a Public Limited Listed company incorporated on 23/03/2015 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L74120UP2015PLC069675 and registration number is 069675.

Market Cap	123
Sales	3
Shares in Float	0.28
No of funds	8
Yield

Book Value	4.07
U/D Vol ratio	1.6
LTDebt / Equity	9
Alpha	0.12
Beta	1.59