PALASHSECUFast Moving Consumer Goods

Palash Securities Limited

Packaged Foods · ISIN INE471W01019 · BSE 540648 · NSE EQ · FV ₹10
Last price
₹86
-2.24%today
What this company does

Palash Securities Limited operates in Packaged Foods, part of the Fast Moving Consumer Goods sector. It booked ₹31.1 L of revenue in its latest quarter (Q1 FY27) and kept -470.9% of sales as profit.

In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns6

How much profit it earns on the money it employs

Balance sheet93

How much it owes, and whether earnings cover the interest

Cash quality13

Whether reported profit actually arrives as cash

Growth & consistency27

Whether sales and profit have grown, and how steadily

Valuation99

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 72%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -470.9% net margin
! Sales down 98% vs last year
! Low -1.2% return on equity
! Operating cash flow is negative

What if I invest in PALASHSECU?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹86 -2.24%
latest close · 2026-09-17
1-year return
+17.3%
52-wk low ₹6652-wk high ₹125
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.18Below book
Below bookModerateHigh
EV / EBITDA128.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-1.2%Loss
WeakFairStrong ▸15%
Net margin-470.9%Loss
ThinDecentStrong
EBITDA margin53.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover71.9×Strong
RiskyOkayStrong ▸5×
More figures
Market cap
₹86 cr
Book value
₹484
EPS
₹-1.46
latest quarter
Net debt
₹-55.7 L
more cash than debt
Enterprise value
₹86 cr
EBITDA
₹66.5 L
annualised
EBIT
₹63.2 L
annualised
Operating margin
50.8%
Return on assets
-1.1%
Earnings yield
P/S
69.13
Sales / share
₹1.2
Tax rate
23.2%
Face value
₹10
Shares
1.0 cr
Working capital
Current assets
Current liabilities
Delivery %
78.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹31.1 L
Other Income₹8.8 L
Total Income₹39.9 L
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹3.8 L
Finance Costs₹0.22 L
Depreciation & Amortisation₹0.82 L
Other Expenses₹12.4 L
Total Expenses₹24.3 L
Profit before Tax₹15.6 L
Tax Expense₹3.6 L
Share of JV / Associates₹-2 cr
Net Profit₹-1 cr
Net margin on total income-367.5%
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹3.8 L13.6%
Finance costs₹0.22 L0.8%
Depreciation & amortisation₹0.82 L2.9%
Other expenses₹19.5 L69.8%
Tax expense₹3.6 L12.9%
Total income ₹39.9 L

The company made a net loss of ₹1 cr this quarter — income covered only 143 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue10 cr11.8 L31.1 L
Total income34 cr26.4 L39.9 L
Expenses12 cr49 L24.3 L
Profit before tax23 cr-22.6 L15.6 L
Tax6.6 L-55.2 L3.6 L
Net profit (owners' share)22 cr-4 cr-1 cr
Net margin (owners' share, on revenue)221.0%-470.9%
EPS (₹)22.43-4.14-1.46
YoY (latest quarter): total income -97.1% · net profit
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹524 cr
Shareholder equity
₹484 cr
parent shareholders
Total debt
₹10 L
Cash
₹65.7 L
Cash flow · H1 FY26
Operating
₹-22 cr
Investing
₹-58 L
Financing
₹15 cr
Peer comparison
Packaged Foods · by market value
CompanyPriceMarket capP/E
Nestle India Limited₹1,371₹2.64 L cr68.9
Britannia Industries Limited₹4,982₹1.20 L cr50.7
The Bombay Burmah Trading Corporation Limited₹1,399₹19,738 cr8.5
Zydus Wellness Limited₹546₹17,368 cr36.5
Bikaji Foods International Limited₹553₹13,857 cr57.6
Mrs. Bectors Food Specialities Limited₹221₹6,772 cr43.8
Gopal Snacks Limited₹252₹3,145 cr61.2
ADF Foods Limited₹268₹2,942 cr42.6
Prataap Snacks Limited₹1,100₹2,581 cr30.4
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
72.2%
FII / Foreign
DII / Domestic
0.7%
Retail / others
27.1%
Promoter stake up 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSHEKHAR FAMILY TRUST · Promoter Group25,816 · ₹31.5 L22 Mar 24
BoughtSHEKHAR FAMILY TRUST · Promoter Group3,610 · ₹3.9 L31 May 22
BoughtSHEKHAR FAMILY TRUST · Promoter Group869 · ₹90,28227 May 22
Bulk / block deals
SoldKHANT PIYUSHKUMAR · NSE95,600 @ ₹177.6522 Aug 24
BoughtKHANT PIYUSHKUMAR · NSE95,600 @ ₹178.422 Aug 24
SoldSURESHKUMAR MAKWANA · NSE85,400 @ ₹159.9312 Nov 23
Stake changes
BoughtShekhar Family Trust · promoter→ 2.47% · 25,81626 Mar 24
BoughtSHEKHAR FAMILY TRUST · promoter→ 2.21% · 3,6101 Jun 22
BoughtSHEKHAR FAMILY TRUST · promoter→ 2.17% · 86930 May 22
Promoter pledges
ReleasedState Bank of India1.77 L · 1.77% held11 Oct 19
ReleasedState bank of India1.14 L · 1.14% held18 Sep 19
ReleasedState bank of India9.05 L · 9.05% held18 Sep 19
What shareholders were asked to approve
6 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2025
See the official result
1
To receive, consider and adopt (a) the Audited Standalone Financial Statements of the Company for the year ended March 31, 2025 together with the Reports of the Directors and Auditors thereon; (b) the Audited Consolidated Financial Statements of the Company for the year ended March 31, 2025 together with the Report of the Auditors thereon.
⚑ Passed only because promoters voted yes
Backed by 16% of shareholders other than promotersneeded 50%
1.48 L votes for, 7.63 L against
2
To appoint a Director in place of Ms. Shalini Nopany (DIN: 00077299), who retires by rotation and being eligible, offers herself for re-appointment.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 16% of shareholders other than promotersneeded 50%
1.48 L votes for, 7.63 L against
3
To appoint Secretarial Auditor of the Company for a term of 5(five) consecutive years commencing from 1st April, 2025 till 31st March, 2030.
⚑ Passed only because promoters voted yes
Backed by 17% of shareholders other than promotersneeded 50%
1.58 L votes for, 7.53 L against
4
To approve sale of equity shares of Morton Foods Limited, Material Subsidiary of the Company.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 16% of shareholders other than promotersneeded 75%
1.48 L votes for, 7.63 L against
5
To approve material related party transactions between Morton Foods Limited, a Material Subsidiary with the related parties of the Company.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 16% of shareholders other than promotersneeded 50%
1.48 L votes for, 7.63 L against
6
To approve material related party transactions between the Company and its related parties.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 16% of shareholders other than promotersneeded 50%
1.48 L votes for, 7.63 L against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 17 named members
owning 72.2% between them · as of 2026-06-30
Ganges Securities Limited12.83%
Scm Investment & Trading Co. Ltd.10.79%
New India Retailing And Investment Ltd10.71%
Rtm Investment And Trading Co. Ltd.9.05%
Deepshikha Trading Co Pvt Ltd6.89%
Sonali Commercial Ltd.5.62%
Ronson Traders Limited5.38%
Sidh Enterprises Ltd.3.07%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.