Swarna Securities
Swarna Securities
Financial ServicesKey Fundamentals
MicrocapNBFCFinancial ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
3- Stock is trading at 3.54 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.7% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.14 | 0.07 | 0.06 | 0.07 | 0.17 | 0.08 | 0.06 | 0.07 | 0.23 | 0.07 | 0.04 | 0.29 | 0.15 |
| Financing Profit | -0.14 | -0.07 | -0.06 | -0.07 | -0.17 | -0.08 | -0.06 | -0.07 | -0.23 | -0.07 | -0.04 | -0.29 | -0.15 |
| Other Income | 0.3 | 0.31 | 0.31 | 0.35 | 0.34 | 0.36 | 0.36 | 0.37 | 0.34 | 0.39 | 0.35 | 0.36 | 0.36 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| PBT | 0.15 | 0.23 | 0.24 | 0.26 | 0.16 | 0.27 | 0.29 | 0.27 | 0.1 | 0.31 | 0.3 | 0.06 | 0.2 |
| Tax % | 20% | 21.74% | 16.67% | 15.38% | 18.75% | 18.52% | 10.34% | 33.33% | 10% | 22.58% | 16.67% | 50% | 20% |
| Net Profit | 0.12 | 0.18 | 0.2 | 0.22 | 0.14 | 0.22 | 0.27 | 0.19 | 0.1 | 0.24 | 0.25 | 0.03 | 0.16 |
| EPS in Rs | 0.4 | 0.6 | 0.67 | 0.73 | 0.47 | 0.73 | 0.9 | 0.63 | 0.33 | 0.8 | 0.83 | 0.1 | 0.53 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.23 | 0.47 | 0.06 | 0.02 | 0 | 0.03 | 0.01 | 0.01 | 0.02 | 0 | 0 | 0 | 0 |
| Expenses | 0.13 | 0.67 | 0.03 | 0.05 | 0.13 | 0.28 | 0.32 | 0.31 | 0.31 | 0.34 | 0.37 | 0.63 | 0.55 |
| Financing Profit | 0.09 | -0.2 | 0.03 | -0.03 | -0.13 | -0.25 | -0.31 | -0.3 | -0.29 | -0.34 | -0.37 | -0.63 | -0.55 |
| Fin. Margin % | 39.13% | -42.55% | 50% | -150% | — | -833.33% | -3100% | -3000% | -1450% | — | — | — | — |
| Other Income | 0.03 | 0.01 | 0.01 | 0.18 | 0.52 | 0.95 | 1.06 | 1.19 | 1.19 | 1.27 | 1.43 | 1.44 | 1.46 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.05 | 0.05 | 0.03 | 0.04 |
| PBT | 0.12 | -0.19 | 0.04 | 0.15 | 0.39 | 0.7 | 0.75 | 0.89 | 0.87 | 0.88 | 1.01 | 0.78 | 0.87 |
| Tax % | 50% | 0% | 0% | 373.33% | 20.51% | 18.57% | 17.33% | 19.1% | 17.24% | 18.18% | 19.8% | 20.51% | — |
| Net Profit | 0.06 | -0.19 | 0.03 | -0.41 | 0.31 | 0.57 | 0.61 | 0.72 | 0.71 | 0.72 | 0.81 | 0.62 | 0.68 |
| EPS in Rs | 0.2 | -0.63 | 0.1 | -1.37 | 1.03 | 1.9 | 2.03 | 2.4 | 2.37 | 2.4 | 2.7 | 2.07 | 2.26 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | -0.32 | -0.51 | -0.47 | -0.88 | -0.58 | 0 | 0.61 | 1.33 | 2.04 | 2.76 | 3.57 | 4.19 |
| Borrowing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.89 | 0.09 | 0.07 | 0.29 | 0.28 | 0.52 | 0.53 | 0.53 | 0.53 | 0.51 | 0.54 | 0.53 |
| Total Liabilities | 3.57 | 2.58 | 2.6 | 2.41 | 2.7 | 3.52 | 4.14 | 4.86 | 5.57 | 6.27 | 7.11 | 7.72 |
| Fixed Assets | 1.57 | 1.52 | 1.65 | 1.64 | 1.93 | 2.83 | 2.83 | 2.92 | 3.72 | 3.7 | 3.68 | 4.48 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.69 | 0 | 0 | 0 | 0 |
| Investments | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.76 | 0.76 | 0.76 |
| Other Assets | 1.94 | 1 | 0.89 | 0.71 | 0.71 | 0.63 | 1.25 | 1.19 | 1.79 | 1.81 | 2.67 | 2.48 |
| Total Assets | 3.57 | 2.58 | 2.6 | 2.41 | 2.7 | 3.52 | 4.14 | 4.86 | 5.57 | 6.27 | 7.11 | 7.72 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.63 | 0.7 | 0.01 | -0.39 | 0.31 | 0.55 | 0.63 | 0.71 | 0.76 | 0.85 | 1.24 | 0.99 |
| Investing | -0.37 | -0.35 | 0.1 | 0.45 | -0.1 | -0.87 | -0.12 | -1.24 | -0.65 | -0.17 | -0.03 | -0.65 |
| Financing | -0.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.03 | 0.34 | 0.11 | 0.06 | 0.21 | -0.32 | 0.51 | -0.53 | 0.11 | 0.68 | 1.21 | 0.34 |
| Free Cash Flow | 0.26 | 0.34 | -0.12 | -0.38 | 0.02 | -0.35 | 0.63 | 0.62 | -0.07 | 0.82 | 1.21 | 0.16 |
| CFO/OP | 630 | -420 | 33 | -567 | -292 | -276 | -245 | -293 | -314 | -300 | -289 | -129 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 2.26% | -7.35% | 1.2% | -17.63% | 13.66% | 21.03% | 18.46% | 18.14% | 15.15% | 13.33% | 13.14% | 9.01% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
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Company Information
Swarna Securities Ltd is a former NBFC which has surrendered its RBI registration and discontinued lending. It currently earns primarily by leasing investment properties, supplemented by interest on deposits and dividend income. The company is also evaluating entry into real estate and infrastructure development.
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