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.
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.
Khandwala Securities Limited is an India-based financial services company. The Company is engaged in providing stock broking services, investment banking, portfolio management service, research analysts, and investment advisory services. It has two operating segments, namely…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak business, fairly priced.
KHANDWALA SECURITIES is scored on the nbfc / financials framework. It keeps a thin -16.1% of every rupee of sales as net profit.
Net worth has actually shrunk (-2%/yr) — value is not being built. Return on equity is a weak -0.9%. In the latest quarter profit grew 638% versus the prior quarter.
At 191× earnings, the stock sits at the 51st percentile of its own 2-year range — the middle of where it has historically traded. The books come through clean — a forensic grade of A.
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 | -100 | 21.76 | better |
| P/B | 0.91 | 3.34 | better |
| EV/EBITDA | 81.26 | 175.85 | better |
| ROE | -0.89 | — | — |
| ROCE | 0.11 | — | — |
| ROA | -0.67 | 0.5 | worse |
| Quick Ratio | 0.78 | — | — |
| 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% |
Not applicable for this sector.
Revenue is on a 2-year growth streak. 8% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
2 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a -59% swing — check if it's a one-off or structural.
Operating margin has compressed from 8% to -16% — costs or competition are eating into profitability.
Negative ROE — the business is destroying shareholder value. Capital efficiency declining — ROE down 6pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -62% 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 rose 63% sequentially — momentum is building. Wide quarterly swings (71% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 78% above earlier ones.
2 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 638% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (-46% → 16%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 2y median.
Promoters at 48.8% — dispersed ownership; institutional flows drive the stock.
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.