More about ICICI Securities Limited
Fundamentals for ICICI Securities Limited
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Fundamentals for ICICI Securities Limited
Business Operations:
Sector:Industry:
ICICI Securities Limited engages in the institutional and retail broking, financial products distribution, merchant banking, private wealth management, and issuer and advisory services in India and internationally. It operates through Treasury, Broking & Distribution, and Issuer Services & Advisory segments. The company provides investment and trading solutions across asset classes, including equity, derivatives, commodity, future and options trading in equities and commodities, margin trading facility, initial public offering (IPO) investment, mutual funds, systematic investment plans, fixed income products, gold bonds, and exchange traded funds. It offers wealth management services comprising investments, advisory, protection, borrowing, and estate planning; loans, such as home loans, balance transfer, home loan top-up, business loans, loan against mutual fund and shares, education loans, credit cards, ESOP funding, and digital personal loans. In addition, the company offers insurance, including life insurance, health, small and medium enterprises, car and bike, domestic and international travel, and home insurance products; equity brokerage services for domestic and international institutional clients; investment banking services, including equity capital market, acquisition financing, promoter funding, growth capital, debt fefinance and bridge financing; IPO, qualified institutional placements, offer for sale, rights; mergers and acquisitions advisory, and structured products. It serves retail investors, high net worth Individuals, corporates, government, and financial institutions. The company was formerly known as ICICI Securities and Finance Company Limited and changed its name to ICICI Securities Limited in April 2003. ICICI Securities Limited was incorporated in 1995 and is based in Navi Mumbai, India. ICICI Securities Limited operates as a subsidiary of ICICI Bank Limited.
Revenue projections:
Financial Ratios:
| currentRatio | 1.22100 |
|---|---|
| forwardPE | 0.00000 |
| debtToEquity | 443.32300 |
| earningsGrowth | 0.08500 |
| revenueGrowth | -0.21100 |
| grossMargins | 0.94291 |
| operatingMargins | 0.56127 |
| trailingEps | 64.35000 |
| forwardEps | 44.33000 |
With a current ratio of 1.221, ISEC has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that ISEC is in a strong position to meet its immediate financial obligations without difficulty.
ISEC's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
ISEC's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
Positive gross and operating margins for ISEC highlight the company's profitability. These metrics reflect ISEC's efficiency in controlling costs while generating strong revenue from its core operations, signaling robust financial health.
ICICI Securities Limited's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about ICICI Securities Limited's financial future.
Price projections:
ICICI Securities Limited's stock price has surpassed the higher limit of expectations, indicating a successful upward trend. Nonetheless, the limited potential for further rises may signal that the stock is facing saturation, which could lead to a more stable price environment.
Recommendation changes over time:
Analysts have shown a buy bias for ISEC, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to ISEC, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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