Alacrity Securities

₹103 2.7 | 2.7%

WEBSITE BSE:535916 NSE : ALSL 18 May, 12:50

Market Cap ₹217 Cr.

Stock P/E 1001.1

P/B 8.8

Current Price ₹103

Book Value ₹ 11.7

Face Value 10

52W High ₹105.4

Dividend Yield 0%

52W Low ₹ 10.8

Edit Ratio

Alacrity Securities Research see more...

Overview Inc. Year: 1994Industry: Finance - Stock Broking

Alacrity Securities Ltd provides stock dealer and economic offerings in India. It provides share dealer and trading services in equity, futures and options, forex derivatives, and other to retail and high net worth people; and mutual fund advisory and wealth control offerings. The organization incorporated in 1994 and is totally based in Mumbai, India.

Alacrity Securities Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Alacrity Securities Quarterly Results

#(Fig in Cr.)	Sep 2014
Net Sales	2
Other Income	0
Total Income	2
Total Expenditure	2
Operating Profit	1
Interest	0
Depreciation	0
Exceptional Income / Expenses	0
Profit Before Tax	0
Provision for Tax	0
Profit After Tax	0
Adjustments	-0
Profit After Adjustments	0
Adjusted Earnings Per Share	0.1

Alacrity Securities Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	25	1	41	45	32	75	64	172	127	282	207	2
Other Income	1	1	1	1	1	1	1	1	1	1	1	0
Total Income	26	2	42	46	33	77	64	173	128	283	208	2
Total Expenditure	26	1	41	46	32	75	67	178	124	278	202	2
Operating Profit	0	1	0	-0	1	2	-3	-5	3	5	6	1
Interest	1	0	1	1	1	1	1	1	1	1	1	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-1	0	-1	-2	1	1	-4	-7	2	4	5	0
Provision for Tax	-0	0	-0	-0	0	-0	-0	-0	-0	1	1	0
Profit After Tax	-1	0	-1	-2	0	1	-4	-7	2	3	3	0
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-1	0	-1	-2	0	1	-4	-7	2	3	3	0
Adjusted Earnings Per Share	0	0.1	-0.5	-0.7	0.2	0.3	-1.9	-3.2	1	1.7	1.5	0.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-27%	6%	23%	24%
Operating Profit CAGR	20%	0%	25%	0%
PAT CAGR	0%	0%	25%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	731%	146%	78%	31%
ROE Average	14%	15%	-2%	-2%
ROCE Average	17%	14%	4%	3%

Alacrity Securities Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	19	28	27	25	26	26	23	16	18	21	25
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	2	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0	-0	0
Total Current Liabilities	8	8	15	11	9	14	21	20	18	17	13
Total Liabilities	28	36	42	37	36	41	44	36	36	38	38
Fixed Assets	2	1	1	1	1	1	1	1	1	1	1
Other Non-Current Assets	4	5	5	8	7	5	6	6	6	6	8
Total Current Assets	23	30	36	28	28	35	37	29	29	32	29
Total Assets	28	36	42	37	36	41	44	36	36	38	38

Alacrity Securities Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	10	9	9	9	14	10	12	14	14	9	8
Cash Flow from Operating Activities	3	-9	1	7	-4	-0	3	1	-3	-0	1
Cash Flow from Investing Activities	-1	1	0	-2	1	3	-0	1	-0	1	-1
Cash Flow from Financing Activities	-3	9	-1	-1	-0	-1	-1	-1	-1	-1	-1
Net Cash Inflow / Outflow	-1	0	0	4	-3	2	1	-0	-5	-1	-1
Closing Cash & Cash Equivalent	9	9	9	14	10	12	14	14	9	8	7

Alacrity Securities Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	0.13	-0.55	-0.72	0.23	0.33	-1.89	-3.22	0.96	1.65	1.53
CEPS(Rs)	-0.44	0.22	-0.39	-0.63	0.31	0.46	-1.83	-3.15	1.02	1.73	1.6
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	0	13.19	12.68	11.98	12.24	12.57	10.67	7.45	8.41	10.07	11.67
Core EBITDA Margin(%)	-2.45	2.98	-1.64	-2.55	1.88	0.33	-5.88	-3.67	2.15	1.59	2.37
EBIT Margin(%)	-0.2	58.62	-0.41	-1.07	3.97	1.77	-4.76	-3.16	2.65	1.8	2.62
Pre Tax Margin(%)	-3.53	31.29	-3	-3.43	2.07	0.71	-6.33	-3.95	1.58	1.41	2.2
PAT Margin (%)	-3.29	20.48	-2.83	-3.39	1.48	0.92	-6.28	-3.95	1.59	1.24	1.56
Cash Profit Margin (%)	-2.61	33.21	-2.02	-2.94	2.04	1.28	-6.06	-3.87	1.7	1.29	1.63
ROA(%)	-2.73	0.87	-2.98	-3.89	1.33	1.81	-9.43	-17.03	5.64	9.38	8.49
ROE(%)	-5.27	1.21	-4.23	-5.86	1.88	2.65	-16.3	-35.52	12.09	17.9	14.1
ROCE(%)	-0.23	3.17	-0.52	-1.39	3.93	4.21	-8.74	-15.9	10.77	15.76	16.62
Receivable days	110.32	1750.06	48.07	15.3	17.56	18.8	19.36	1.99	1.42	0.35	0.2
Inventory Days	16.55	155.9	41.22	64.76	88.18	43.88	71.29	25.36	31.95	16.56	22.51
Payable days	35.52	5582.57	39.11	24.59	20.38	24.09	34.11	8.54	8.39	3.6	4.05
PER(x)	0	48.09	0	0	39.04	18.24	0	0	8.08	7.37	8.73
Price/Book(x)	0	0.49	0.45	0.31	0.73	0.48	0	0	0.92	1.21	1.15
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.32	5	0.26	0.07	0.42	0.08	0.34	0.13	0.16	0.1	0.14
EV/Core EBITDA(x)	65.88	7	64.73	-12.15	9.35	3.72	-7.55	-4.38	5.94	5.6	5.16
Net Sales Growth(%)	129.13	-94.63	2875.13	10.1	-27.62	132.11	-15.69	170.14	-25.97	121.91	-26.53
EBIT Growth(%)	-101.46	1712.22	-120.82	-187.05	368.71	3.59	-326.45	-79.59	161.98	50.44	7.34
PAT Growth(%)	-909.06	133.4	-511.64	-31.83	131.57	44.26	-676.01	-69.96	129.8	72.42	-7.35
EPS Growth(%)	0	0	-511.64	-31.83	131.57	44.26	-676.02	-69.96	129.8	72.42	-7.34
Debt/Equity(x)	0.1	0.09	0.29	0.36	0.21	0.22	0.64	1	0.76	0.56	0.31
Current Ratio(x)	2.92	3.9	2.41	2.46	2.92	2.5	1.74	1.45	1.59	1.83	2.21
Quick Ratio(x)	2.89	4.03	1.85	1.79	2.09	1.78	1.05	0.99	0.87	1.11	1.2
Interest Cover(x)	-0.06	2.14	-0.16	-0.45	2.09	1.66	-3.03	-4.01	2.47	4.7	6.23
Total Debt/Mcap(x)	0	0.18	0.65	1.15	0.29	0.46	0	0	0.82	0.46	0.27

Alacrity Securities Shareholding Pattern

#	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	52.1	52.1	56.51	60.87	65.46	65.46	65.46	65.46	65.73	65.73
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	47.9	47.9	43.49	39.13	34.54	34.54	34.54	34.54	34.27	34.27
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.1	1.1	1.19	1.28	1.38	1.38	1.38	1.38	1.39	1.39
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	1.01	1.01	0.92	0.82	0.73	0.73	0.73	0.73	0.72	0.72
Others	0	0	0	0	0	0	0	0	0	0
Total	2.11	2.11	2.11	2.11	2.11	2.11	2.11	2.11	2.11	2.11

Pros

Company has delivered good profit growth of 24% CAGR over last 5 years
Company is almost debt free.

Cons

Debtor days have increased from 3.6 to 4.05days.
Stock is trading at 8.8 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.