Cash flow Prime Securities Limited

Equities

PRIMESECU

INE032B01021

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. Other stock markets 06:00:45 2025-07-10 am EDT			5-day change	1st Jan Change
297.95 ^INR	+2.23%		+7.27%	+8.37%

Apr. 24	Prime Securities Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2025	CI
Apr. 20	Prime Securities Limited 's Equity Buyback announced on January 27, 2025 has been cancelled.	CI

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Published financial data: PRIME SECURITIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	23M	34.2M	47.1M	45.7M	40.7M
Interest Expense, Total	3.8M	4.3M	5.7M	4.4M	1.2M
Net Interest Income	19.2M	29.9M	41.4M	41.3M	39.5M
Brokerage Commission	-	-	-	-	-
Underwriting & Investment Banking Fee	407M	415M	405M	615M	798M
Gain (Loss) on Sale of Investments, Total (Rev)	6.4M	6M	13.7M	5.6M	51.5M
Other Revenues, Total	-	-	-	-	-
Revenues Before Provison For Loan Losses	432M	451M	460M	662M	889M
Total Revenues	432M	451M	460M	662M	889M
Salaries And Other Employee Benefits	185M	190M	175M	228M	278M
Cost of Services Provided, Total	88.3M	14.2M	66.6M	120M	96.6M
Depreciation & Amortization - (IS) - (Collected)	12.9M	8.7M	11.4M	9.7M	13.2M
Provision for Bad Debts	-	700K	6.8M	10.7M	13.5M
Other Operating Expenses	39.8M	50.8M	52.8M	60.1M	77.5M
Total Operating Expenses	326M	265M	312M	428M	479M
Operating Income	106M	186M	148M	234M	410M
Income (Loss) on Equity Invest.	-	-	-	-	-2.1M
Currency Exchange Gains (Loss)	200K	-	-	-	100K
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	106M	186M	148M	234M	408M
Gain (Loss) on Sale of Investments	-	-	-14.1M	-	-
Gain (Loss) on Sale of Assets	-	-	-1.1M	-	-
Asset Writedown	-	-	-	-100K	-
Other Unusual Items	-	27.7M	18.9M	-	36.8M
EBT, Incl. Unusual Items	106M	214M	152M	234M	445M
Income Tax Expense	24.4M	44.4M	39.9M	48.3M	62.2M
Earnings From Continuing Operations	82.1M	170M	112M	186M	383M
Net Income to Company	82.1M	170M	112M	186M	383M
Minority Interest	-	-	-	-	300K
Net Income - (IS)	82.1M	170M	112M	186M	383M
Preferred Dividend and Other Adjustments	-	-	-	-100K	-
Net Income to Common Incl Extra Items	82.1M	170M	112M	186M	383M
Net Income to Common Excl. Extra Items	82.1M	170M	112M	186M	383M
Per Share Items
Net EPS - Basic	3.1	6.02	3.52	5.66	11.43
Basic EPS - Continuing Operations	3.1	6.02	3.52	5.66	11.43
Basic Weighted Average Shares Outstanding	26.52M	28.21M	31.79M	32.79M	33.49M
Net EPS - Diluted	3.01	5.59	3.31	5.42	11.1
Diluted EPS - Continuing Operations	3.01	5.59	3.31	5.42	11.1
Diluted Weighted Average Shares Outstanding	27.27M	30.4M	33.75M	34.26M	34.51M
Normalized Basic EPS	2.51	4.13	2.91	4.46	7.62
Normalized Diluted EPS	2.44	3.83	2.74	4.27	7.4
Dividend Per Share	1.75	2.25	0.5	1	1.5
Payout Ratio	-	70.26	64.13	8.73	8.75
Supplemental Items
Total Revenues (As Reported)	453M	457M	468M	666M	894M
Effective Tax Rate - (Ratio)	22.91	20.73	26.3	20.65	13.98
Current Domestic Taxes	-	-	46.5M	52.3M	92.6M
Total Current Taxes	21.9M	40.6M	46.5M	52.3M	92.6M
Deferred Domestic Taxes	-	-	-6.6M	-4M	-30.3M
Total Deferred Taxes	2.5M	2.8M	-6.6M	-4M	-30.3M
Normalized Net Income	66.56M	117M	92.5M	146M	255M
Non-Cash Pension Expense	300K	400K	700K	1.2M	1.4M
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	36.9M	15.3M	2.7M	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	36.9M	15.3M	2.7M	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	230M	104M	19.4M	8.6M	13.3M
Accounts Receivable, Total	7.8M	34.9M	149M	123M	216M
Other Receivables	46.2M	6.2M	10.2M	55.5M	3M
Gross Property Plant And Equipment	69.5M	81.9M	69.6M	70.9M	122M
Accumulated Depreciation	-38.2M	-46.2M	-43.2M	-52.3M	-65.3M
Net Property Plant And Equipment	31.3M	35.7M	26.4M	18.6M	57.2M
Other Intangibles, Total	300K	200K	800K	900K	1M
Investment In Debt and Equity Securities	55.3M	228M	392M	792M	1.15B
Trading Asset Securities, Total	167M	208M	164M	296M	605M
Other Current Assets, Total	270M	540M	28.6M	386M	46.9M
Deferred Tax Assets Long-Term (Collected)	5.8M	-	-	-	-
Other Long-Term Assets, Total	-	151M	618M	88.9M	208M
Total Assets	814M	1.31B	1.41B	1.77B	2.3B
Liabilities
Accounts Payable, Total	23M	1.8M	800K	10.2M	19.5M
Accrued Expenses, Total	94.4M	72.1M	53.9M	84M	99.3M
Short-Term Borrowings	-	48.4M	-	-	-
Current Portion of Long-Term Debt	1.3M	1.4M	200K	-	-
Current Portion of Leases	7.4M	6.4M	6.5M	6.2M	10.5M
Long-Term Debt	2M	600K	-	-	-
Long-Term Leases	16.9M	15.9M	8.8M	3M	23.2M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue, Current	95M	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	8.7M	-
Pension & Other Post Retirement Benefits	-	10M	15.9M	19.7M	27.6M
Deferred Tax Liability Non-Current	-	17.8M	33.2M	61.6M	51.8M
Other Non Current Liabilities	2.1M	18.2M	19.6M	-	10.5M
Total Liabilities	242M	193M	139M	193M	242M
Common Stock, Total	133M	156M	162M	166M	168M
Additional Paid In Capital	-	387M	451M	501M	521M
Retained Earnings	363M	414M	454M	625M	974M
Comprehensive Income and Other	76.2M	158M	202M	284M	397M
Total Common Equity	572M	1.11B	1.27B	1.58B	2.06B
Minority Interest	-	-	-	-	1.1M
Total Equity	572M	1.11B	1.27B	1.58B	2.06B
Total Liabilities And Equity	814M	1.31B	1.41B	1.77B	2.3B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	26.52M	31.18M	32.36M	33.29M	33.62M
ECS Total Common Shares Outstanding	26.52M	31.18M	32.36M	33.29M	33.62M
Book Value / Share	21.58	35.75	39.23	47.33	61.29
Tangible Book Value	572M	1.11B	1.27B	1.57B	2.06B
Tangible Book Value Per Share	21.56	35.74	39.21	47.31	61.26
Total Debt	27.6M	72.7M	15.5M	9.2M	33.7M
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.1M	10M	15.9M	19.7M	27.6M
Net Debt	-370M	-239M	-167M	-295M	-584M
Full Time Employees	19	19	17	19	22
Accumulated Allowance for Doubtful Accounts (Supple)	18.1M	18.8M	11.9M	15.3M	18.8M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	82.1M	170M	112M	186M	383M
Depreciation, Depletion & Amortization	12.9M	8.6M	11.2M	9.4M	13M
Total Depreciation, Depletion & Amortization	12.9M	8.6M	11.2M	9.4M	13M
Amortization of Deferred Charges, Total	-	300K	200K	300K	200K
(Gain) Loss On Sale of Asset - (CF)	-	-	1.1M	-	-
(Gain) Loss on Sale of Investments - (CF)	11.4M	-5.3M	-3.8M	-12.9M	-51.1M
Stock-Based Compensation (CF)	36.9M	15.3M	2.7M	-	-
Provision and Write-off of Bad Debts	-	-	-	-19.4M	-14.1M
Change in Accounts Receivable	18.2M	1.6M	-114M	26.2M	-92.9M
Change in Accounts Payable	500K	-20.9M	-1M	200K	9.3M
Change in Other Net Operating Assets (Collected)	157M	-129M	-32M	-12.6M	112M
Other Operating Activities	-60.3M	-28.6M	-28.7M	-45.3M	-80.4M
Cash from Operations	259M	11.9M	-52.8M	132M	279M
Capital Expenditure	-8.5M	-19.1M	-3.5M	-1.9M	-52M
Sale of Property, Plant, and Equipment	1.8M	-	800K	-	36.8M
Cash Acquisitions	-	-	-	-	-300K
Investment in Marketable and Equity Securities, Total	-142M	-491M	-9.8M	-210M	-285M
Other Investing Activities, Total	23M	34.2M	47M	32M	39.5M
Cash from Investing	-126M	-476M	34.5M	-180M	-261M
Long-Term Debt Issued, Total	-	47.1M	-	-	-
Total Debt Issued	-	47.1M	-	-	-
Long-Term Debt Repaid, Total	-1.2M	-	-50.2M	-200K	-
Total Debt Repaid	-1.2M	-	-50.2M	-200K	-
Issuance of Common Stock	-	414M	69.8M	54.5M	21.7M
Common Dividends Paid	-	-119M	-71.7M	-16.2M	-33.5M
Common & Preferred Stock Dividends Paid	-	-119M	-71.7M	-16.2M	-33.5M
Other Financing Activities, Total	-1.1M	-4.5M	-8.3M	-200K	-1.2M
Cash from Financing	-2.3M	337M	-60.4M	37.9M	-13M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	131M	-127M	-78.7M	-10.8M	4.7M
Supplemental Items
Cash Interest Paid	1.1M	4.3M	5.7M	200K	1.2M
Cash Income Tax Paid (Refund)	62.8M	15.3M	9.9M	61.4M	68M
Net Debt Issued / Repaid	-1.2M	47.1M	-50.2M	-200K	-

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	11.48	16.01	8.23	11.68	18.79
Return On Equity %	16.02	20.14	9.38	13.05	21.04
Return on Common Equity	16.02	20.14	9.38	13.05	21.06
Margin Analysis
Gross Profit Margin %	79.58	96.85	85.54	81.93	89.24
SG&A Margin	42.82	42.19	37.98	34.43	31.38
Income From Continuing Operations Margin %	18.98	37.62	24.28	28.04	43.05
Net Income Margin %	18.98	37.62	24.28	28.04	43.08
Net Avail. For Common Margin %	18.98	37.62	24.28	28.05	43.08
Normalized Net Income Margin	15.39	25.83	20.09	22.09	28.72
Asset Turnover
Asset Turnover	0.6	0.43	0.34	0.42	0.44
Short Term Liquidity
Current Ratio	3.26	6.86	6.04	7.97	6.83
Quick Ratio	2.04	2.71	5.57	4.42	6.47
Operating Cash Flow to Current Liabilities	1.17	0.09	-0.86	1.21	2.15
Long Term Solvency
Total Debt/Equity	4.82	6.52	1.22	0.58	1.63
Total Debt / Total Capital	4.6	6.12	1.21	0.58	1.61
LT Debt/Equity	3.3	1.48	0.69	0.19	1.13
Long-Term Debt / Total Capital	3.15	1.39	0.68	0.19	1.11
Total Liabilities / Total Assets	29.73	14.73	9.86	10.93	10.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-41.74	4.35	2.04	43.76	34.29
Gross Profit, 1 Yr. Growth %	-38.75	26.99	-9.88	37.7	46.26
Earnings From Cont. Operations, 1 Yr. Growth %	4.06	106.82	-34.16	66.01	106.2
Net Income, 1 Yr. Growth %	4.06	106.82	-34.16	66.01	106.36
Normalized Net Income, 1 Yr. Growth %	-12.63	75.12	-20.47	58.11	74.61
Diluted EPS Before Extra, 1 Yr. Growth %	2.03	85.71	-40.79	63.75	104.75
Common Equity, 1 Yr. Growth %	26.29	94.81	13.9	24.13	30.79
Total Assets, 1 Yr. Growth %	32.03	60.54	7.74	25.62	30.25
Tangible Book Value, 1 Yr. Growth %	26.34	94.88	13.85	24.14	30.8
Cash From Operations, 1 Yr. Growth %	72.09	-97.06	-543.7	-349.05	111.86
Capital Expenditures, 1 Yr. Growth %	-74.4	124.71	-81.68	-45.71	2.64K
Dividend Per Share, 1 Yr. Growth %	-	28.57	-77.78	100	50
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.85	-22.03	3.19	21.11	38.94
Gross Profit, 2 Yr. CAGR %	-6.56	-11.81	6.98	11.4	41.91
Earnings From Cont. Operations, 2 Yr. CAGR %	-19.38	46.7	16.69	4.55	85.02
Net Income, 2 Yr. CAGR %	-19.38	46.7	16.69	4.55	85.09
Normalized Net Income, 2 Yr. CAGR %	-19.73	23.69	17.88	12.13	66.15
Diluted EPS Before Extra, 2 Yr. CAGR %	-20.4	37.66	4.86	-1.53	83.1
Common Equity, 2 Yr. CAGR %	30.41	56.85	48.96	18.9	27.41
Total Assets, 2 Yr. CAGR %	29.46	45.59	31.52	16.34	27.92
Tangible Book Value, 2 Yr. CAGR %	30.47	56.91	48.95	18.88	27.42
Cash From Operations, 2 Yr. CAGR %	319.75	-71.88	-63.88	232.42	129.71
Capital Expenditures, 2 Yr. CAGR %	-36.07	-24.15	-35.83	-68.46	285.45
Dividend Per Share, 2 Yr. CAGR %	-	-	-46.55	-33.33	73.21
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	22.49	-1.19	-14.72	15.25	25.36
Gross Profit, 3 Yr. CAGR %	14.07	3.5	-11.17	16.37	21.98
Earnings From Cont. Operations, 3 Yr. CAGR %	-16.9	10.37	12.32	31.24	31.11
Net Income, 3 Yr. CAGR %	-16.9	10.37	12.32	31.24	31.15
Normalized Net Income, 3 Yr. CAGR %	-13.3	4.1	6.68	30	29.97
Diluted EPS Before Extra, 3 Yr. CAGR %	-17.65	5.58	3.91	21.66	25.68
Common Equity, 3 Yr. CAGR %	78.13	49.08	40.98	40.17	22.74
Total Assets, 3 Yr. CAGR %	55.44	39.09	31.69	29.52	20.8
Tangible Book Value, 3 Yr. CAGR %	78.17	49.14	40.99	40.17	22.73
Cash From Operations, 3 Yr. CAGR %	58.47	-6.8	-29.47	-31.26	186.07
Capital Expenditures, 3 Yr. CAGR %	107.38	-2.8	-52.76	-39.31	39.63
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-17.02	-12.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	29.55	18.27	14.37	7.19	3.67
Gross Profit, 5 Yr. CAGR %	23.83	17.61	11.18	6.59	7.14
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.37	4.83	-4.81	8	37.14
Net Income, 5 Yr. CAGR %	-10.37	4.83	-4.81	8	37.16
Normalized Net Income, 5 Yr. CAGR %	-10.62	3.17	-1.96	7.2	27.37
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.9	2.02	-9.29	2.67	30.34
Common Equity, 5 Yr. CAGR %	169.24	91.57	65.83	36.18	35.39
Total Assets, 5 Yr. CAGR %	-16.68	42.27	45.39	29.5	30.16
Tangible Book Value, 5 Yr. CAGR %	166.26	91.57	65.85	36.21	35.4
Cash From Operations, 5 Yr. CAGR %	136.32	-30.69	-4.1	55	13.11
Capital Expenditures, 5 Yr. CAGR %	121.9	60.27	29.72	-38.04	9.39