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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Indo Thai Securities Limited is an India-based company. The Company carries on the business as stock and share brokers on the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE); depository participants; and other related ancillary services. The Company’s…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business, fairly priced — but flagged on governance.
INDO THAI SEC LTD is scored on the commodity / cyclical framework. It keeps a fat 63.7% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.51×) — worth a closer look. Free cash flow is worth about -13.3% of its market value.
Book value itself has compounded 67%/yr — the hallmark of a genuine compounder. Return on equity is a weak 6.7%. In the latest quarter profit fell 425% versus the prior quarter.
At 6× earnings, the stock sits at the 46th percentile of its own 3.5-year range — the middle of where it has historically traded. Today's price implies ~11%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.69 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 22.93 | 32.6 | better |
| P/B | 1.54 | 3.5 | better |
| EV/EBITDA | 8.56 | 10.77 | better |
| ROE | 6.71 | 12.05 | worse |
| ROCE | 10.25 | 13.64 | worse |
| ROA | 5.51 | 5.49 | better |
| Quick Ratio | 3.04 | 1.55 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Groww | 50.1 | 11.7 | 23.3% |
| Motilal Oswal Fin | 24.6 | 4.3 | 17.4% |
| 360 One Wam | 39.3 | 3.9 | 12.0% |
139% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +739% swing — check if it's a one-off or structural.
Operating margin has expanded from -118% to 80% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 23% — the business earns well above its cost of equity. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Capital efficiency improving — ROE up 35pp across the window.
Profit grew faster than EPS (108% vs -19%) — share dilution is eroding per-share value. -19% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 63% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (80% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 57% below earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 425% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (61% → -474%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.5y median.
Promoter holding at 54.8% — majority control intact. Promoters reduced 2.0pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.