Palash Securities Ltd. (PALASHSECU) AI Stock Analysis

• Market Cap: ₹1.01B
• Dividend Yield: N/A
• Average Volume (3M): 1.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: 62.00%
• EPS Growth: -16.32%
• Country: IN
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Packaged Foods
• EPS (TTM): -0.66
• Shares Outstanding: 10,003,102
• 10 Day Avg. Volume: 751
• 30 Day Avg. Volume: 1,423
• PEG Ratio: -0.30
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 2.45
• P/FCF Ratio: -22.36
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: ₹123.00 ▲(14.95% Upside)

Palash Securities Ltd. is facing significant financial challenges, with declining revenues and ongoing losses impacting its overall score. The technical analysis suggests some short-term bullish momentum, but the negative P/E ratio and lack of dividend yield highlight valuation concerns. The company's strong equity position is a positive factor, but operational inefficiencies need to be addressed to improve financial stability.

Positive Factors

Strong Equity Position

A strong equity position with low leverage provides financial stability and flexibility, enabling the company to withstand economic fluctuations and invest in growth opportunities.

Improved Debt-to-Equity Ratio

An improved debt-to-equity ratio indicates prudent financial management, reducing financial risk and enhancing the company's ability to secure favorable financing terms.

Revenue Growth

Strong revenue growth suggests effective market strategies and increasing customer demand, which can drive long-term profitability and market share expansion.

Negative Factors

Declining Revenue

Declining revenue over the years indicates challenges in maintaining market competitiveness and customer retention, potentially impacting long-term growth prospects.

Negative Cash Flows

Negative cash flows highlight inefficiencies in operations and liquidity constraints, limiting the company's ability to invest in growth and meet financial obligations.

Ongoing Losses

Consistent losses reflect operational challenges and inefficiencies, which may hinder the company's ability to achieve profitability and sustain long-term growth.

Palash Securities Ltd. Business Overview & Revenue Model

Company Description

Palash Securities Limited, an investment company, engages in the food processing business in India and internationally. It operates through two segments, Food Processing Business and Investing Business. The company offers canned fruits and vegetables, jams jellies, marmalades, juices, tomato ketchup/purees/sauces, vegetable sauces, and squashes, as well as breakfast cereals, such as cornflakes, chocos, white oats, etc. It also invests in and deals in shares and securities; and immovable properties. The company was incorporated in 2015 and is headquartered in Kolkata, India.

How the Company Makes Money

Palash Securities Ltd. generates revenue through multiple key streams. Primarily, the company earns commissions from stock brokerage services, where it facilitates the buying and selling of securities on behalf of clients. Additionally, it offers portfolio management services for high-net-worth individuals and institutional clients, charging management fees based on the assets under management (AUM). Investment advisory services also contribute to revenue, as clients pay for expert guidance on investment strategies. Moreover, Palash Securities may engage in proprietary trading, where it invests its own capital in securities to generate returns. Strategic partnerships with financial institutions and technology providers further enhance its service offerings, potentially leading to increased earnings through joint ventures or collaborative projects.

Palash Securities Ltd. Financial Statement Overview

Summary

Palash Securities Ltd. faces significant challenges with declining revenues and ongoing losses, impacting its profitability and cash flow. While the balance sheet shows a strong equity position and low leverage, the negative cash flows and profitability metrics highlight operational inefficiencies.

Income Statement

Palash Securities Ltd. has experienced declining revenue over the past years, with the latest annual revenue at 491.97 million compared to 584.96 million in 2021. The company has consistently reported negative EBIT and net income, indicating ongoing losses. Gross profit margin decreased from 23.74% in 2021 to 37.11% in 2025, showing some improvement in cost management. However, the net profit margin remains negative, reflecting persistent profitability challenges.

Balance Sheet

The balance sheet shows a relatively stable stockholders' equity base, which increased to 5.87 billion in 2025. The debt-to-equity ratio improved to 0.04, indicating low leverage compared to 2021. However, the consistent net losses raise concerns about long-term equity value. The equity ratio improved to 85.20% in 2025, indicating a strong equity base relative to total assets.

Cash Flow

Operating cash flows have been negative, with cash outflows of 48.74 million in 2025, showing limited cash generation from core operations. The free cash flow has also been negative, indicating challenges in generating surplus cash. The operating cash flow to net income ratio shows inefficiency in converting income into cash flow, exacerbating liquidity concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	557.79M	491.97M	408.81M	530.51M	539.02M	584.96M
Gross Profit	199.15M	182.60M	106.42M	152.10M	137.14M	138.86M
EBITDA	-139.83M	-142.67M	-110.32M	-107.75M	-98.40M	-106.96M
Net Income	-120.09M	-126.65M	-96.19M	-155.74M	-85.46M	-128.29M
Balance Sheet
Total Assets	0.00	6.89B	5.60B	4.34B	6.02B	3.14B
Cash, Cash Equivalents and Short-Term Investments	106.28M	106.28M	103.44M	120.53M	51.21M	68.67M
Total Debt	0.00	254.55M	302.10M	226.41M	236.69M	232.85M
Total Liabilities	-6.04B	855.41M	699.52M	361.06M	536.08M	364.40M
Stockholders Equity	6.04B	5.87B	4.83B	3.85B	5.48B	2.78B
Cash Flow
Free Cash Flow	0.00	-53.94M	-121.53M	-135.25M	9.41M	-120.00M
Operating Cash Flow	0.00	-48.73M	-121.42M	-134.06M	12.73M	-83.68M
Investing Cash Flow	0.00	-31.27M	-30.12M	2.81M	-3.34M	-36.25M
Financing Cash Flow	0.00	159.62M	55.60M	179.69M	-24.92M	114.94M

Palash Securities Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 107.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PALASHSECU, the sentiment is Negative. The current price of 107 is above the 20-day moving average (MA) of 106.85, below the 50-day MA of 111.83, and below the 200-day MA of 120.25, indicating a bearish trend. The MACD of -1.77 indicates Positive momentum. The RSI at 39.50 is Neutral, neither overbought nor oversold. The STOCH value of 14.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PALASHSECU.

Palash Securities Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STEELCITY	68 Neutral	₹1.35B	9.01	―	4.37%	-8.60%	-9.89%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BAIDFIN	64 Neutral	₹1.59B	7.61	―	0.85%	27.19%	73.43%
GANGESSECU	62 Neutral	₹1.31B	104.56	―	―	-3.92%	-77.96%
DBSTOCKBRO	60 Neutral	₹875.00M	20.03	―	―	-39.80%	-49.61%
PALASHSECU	49 Neutral	₹1.01B	-9.20	―	―	62.00%	-16.32%
INVENTURE	46 Neutral	₹1.21B	31.25	―	―	-53.21%	-78.00%