SKP Securities

BSE: SKPSEC · Stockbroking & Allied

52W Range₹74 ₹142

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Snapshot

Unlock SKP Securities's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

SKP Securities is a Kolkata-based financial services firm providing equity and commodities broking, depository services, and wealth management. The company caters to retail, high-net-worth, and corporate clients with a focus on research-driven insights into mid-cap and small-cap equities.

Business Model

The company generates revenue primarily through brokerage commissions from trading activities, depository participant fees, and advisory fees from investment banking and wealth management services. It also earns income through the distribution of third-party financial products like mutual funds and insurance.

Growth Outlook

Growth is driven by leveraging its established reputation in eastern Indian markets and expanding its institutional research desk. The firm aims to capture further market share by cross-selling wealth management and investment banking services to its existing client base.

Key Risks

  • Market Volatility. As a stockbroking firm, the company's revenue is highly sensitive to fluctuations in trading volumes and overall market sentiment.
  • Regulatory Risk. Changes in SEBI regulations or compliance requirements for depository participants and brokers could impact operational costs and business models.
  • Competitive Pressure. The firm faces significant competition from large-scale national brokerage houses and discount brokers that offer lower fee structures.
  • Concentration Risk. The company's strong regional focus in eastern India may limit its ability to scale compared to firms with a broader national footprint.

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Key Metrics

REVENUE

₹42 Cr

TTM · standalone

+10.1%YoY

NET PROFIT

₹10 Cr

TTM · standalone

+3.5%YoY

EPS

₹15.19

TTM · standalone

+3.5%YoY

RETURN ON EQUITY

19.5%

TTM · standalone

-3.2 ppYoY

RETURN ON CAPITAL EMPLOYED

0.5%

TTM · consolidated

-17.3 ppYoY

P/E

7.8x

Q4 FY26 · standalone

7.8 vs 11.0x5Y avg

EBITDA MARGIN

37.3%

TTM · standalone

-0.7 ppYoY

NET PROFIT MARGIN

17.6%

Q4 FY26 · standalone

+3.9 ppYoY

DEBT TO EQUITY

0.0x

Q1 FY21 · consolidated

+0.03xYoY

Peers · Stockbroking & Allied

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
SKP SecuritiesSKPSEC
₹70 Cr6.7810.1%37.3%19.5%0.5%-16.2%
Adit.Birla MoneyBIRLAMONEY
₹734 Cr13.549.6%49.0%20.2%52.7%-27.8%
Emkay Global Financial Services LimitedEMKAY
₹683 Cr33.7721.6%13.3%5.7%-1.2%+15.5%
Indo Thai Securities LimitedINDOTHAI
₹594 Cr8.44217.6%83.5%29.6%1.1%-70.6%
Shardul Securities LimitedSHARDUL
₹456 Cr-9.28-26.0%-104.0%-7.1%+4.3%
Pune E - Stock Broking LimitedPESB
₹394 Cr37.0%+36.9%

As of Q4 FY26

Financials