Low LeverageA debt-to-equity ratio of 0.049 reflects a conservatively financed balance sheet, reducing interest and refinancing risk. This structural strength gives the firm flexibility to support margin financing, absorb shocks, and pursue modest investments or tech improvements without relying on external debt.

Very High Gross MarginA 96.10% gross margin shows the core brokerage/intermediation business has very low direct costs, implying a structurally profitable revenue base. If operating expenses are managed, this margin cushion supports sustained operating improvement and competitive pricing power over the medium term.

Strong Free Cash FlowA free cash flow to net income ratio of 1.88 and noted FCF growth indicate the company generates meaningful cash despite accounting losses. Durable cash generation provides management optionality to fund working capital, reduce liabilities, or invest in strategic initiatives without frequent equity or debt raises.

Bears Say

Negative Net ProfitabilityA -5.29% net profit margin means the company is not producing bottom-line profits after operating and other costs. Persistent net losses erode retained earnings, limit reinvestment capacity, and make it harder to sustain growth or return capital to shareholders over the medium term.

Negative Return On EquityA negative ROE of -2.77% signals the company is destroying shareholder value rather than creating it. Over months, continued negative ROE can impair access to capital and constrain strategic options unless the firm reverses its profitability and earnings quality trends.

Weak Cash ConversionAn operating cash flow to net income ratio of 0.32 indicates earnings are not reliably converting to operating cash, pointing to working capital or timing issues. Weak cash conversion undermines liquidity resilience and may force reliance on external funding during market downturns.

Khandwala Securities Limited News

Khandwala Securities Reports Steady Nine-Month Financial Performance

An update from Khandwala Securities Limited ( ($IN:KHANDSE) ) is now available. Khandwala Securities Limited announced the results...

1y ago

KHANDSE FAQ

What was Khandwala Securities Limited’s price range in the past 12 months?

Khandwala Securities Limited lowest stock price was ₹18.00 and its highest was ₹29.89 in the past 12 months.

What is Khandwala Securities Limited’s market cap?

Khandwala Securities Limited’s market cap is ₹290.28M.

When is Khandwala Securities Limited’s upcoming earnings report date?

Khandwala Securities Limited’s upcoming earnings report date is May 18, 2026 which is in 89 days.

How were Khandwala Securities Limited’s earnings last quarter?

Khandwala Securities Limited released its earnings results on Feb 12, 2026. The company reported -₹0.32 earnings per share for the quarter, missing the consensus estimate of N/A by -₹0.32.

Is Khandwala Securities Limited overvalued?

According to Wall Street analysts Khandwala Securities Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Khandwala Securities Limited pay dividends?

Khandwala Securities Limited does not currently pay dividends.

What is Khandwala Securities Limited’s EPS estimate?

Khandwala Securities Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Khandwala Securities Limited have?

Khandwala Securities Limited has 15,253,805 shares outstanding.

What happened to Khandwala Securities Limited’s price movement after its last earnings report?

Khandwala Securities Limited reported an EPS of -₹0.32 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -10.151%.

Which hedge fund is a major shareholder of Khandwala Securities Limited?

Currently, no hedge funds are holding shares in IN:KHANDSE

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Khandwala Securities Limited

Khandwala Securities Limited provides stock broking, investment banking, investment advisory, portfolio management, and depository participant services in India. It offers investment banking services, including capital raising, mergers and acquisitions advisory, domestic IPOs, FCCBs, private equity placements, corporate finance advisory, follow-on offerings, rights offerings, ADR and GDR offerings, QIP transactions and convertible offerings, and restructuring services. The company also provides institutional equities services, such as institutional equity sales, execution, research; and broking and distribution services comprising non-institutional equity sales, trading, research, and broking and distribution. In addition, it offers investment advisory services, including private and corporate wealth management, planning and asset deployment advice, and asset allocation and distribution of various products; and equity and debt issue management services. The company serves public and private sector corporations, multinational corporations, financial institutions, institutional investors, high net worth individuals, and retail investors, as well as market intermediaries. Khandwala Securities Limited was founded in 1934 and is headquartered in Mumbai, India.