Overall Fundamental outlook

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:

Revenue projections for ISEC
Revenue projections for ISEC



Financial Ratios:

currentRatio 1.25000
forwardPE 0.00000
debtToEquity 388.79100
earningsGrowth -0.27700
revenueGrowth -0.20900
grossMargins 0.92037
operatingMargins 0.52887
trailingEps 64.35000
forwardEps 44.33000

A current ratio of 1.25 for ISEC implies that the company has ample liquidity to meet its short-term debts. ISEC's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
ISEC's elevated debt-to-equity ratio suggests that the company is using significant debt to finance its operations. This level of leverage can amplify financial risk, particularly if profitability decreases or external conditions become unfavorable.
ISEC's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
ICICI Securities Limited's positive gross and operating margins indicate healthy profitability. These margins reflect the company's ability to generate income efficiently from its operations, signaling strong financial performance and effective cost management.
ISEC's forward EPS being less than trailing EPS indicates the company's profitability is expected to decrease. This signals a potential downturn in financial performance compared to the previous year.

Price projections:

Price projections for ISEC
Price projections for ISEC

ISEC's stock price has already exceeded the higher end of analysts' projections. With little room left for additional increases, this situation suggests that investors should be cautious as the stock may face challenges in maintaining its current valuation.

Recommendation changes over time:

Recommendations trend for ISEC
Recommendations trend for ISEC


Analysts' recent buy bias toward ISEC suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see ISEC as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.