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SKP Securities Q1 Results Reported Total Revenue of ₹986.80 Lakhs and Net Profit of ₹320.65 Lakhs
SKP Securities Q1 Results show a total income of ₹9.87 Cr., with an operating profit of ₹4.20 Cr., and a profit after tax of ₹3.21 Cr., reflecting a QoQ operating margin of 42.60%, SKP Securities Q1 Results also demonstrate an 8.8% increase in total income and a 12.6% rise in profit after tax YoY.
by P Nandhini
Updated Sep 19, 2024
Table of Content
SKP Securities Q1 Results 2024-2025: SKP Securities announced their Q1 results for the fiscal year 2024-2025 on 19 September 2024. For the quarter ending June 30, 2024, the company reported a revenue increase of 8.8% compared to the previous quarter.
Specifically, revenue from operations reached Rs. 986.81 lakhs, up from Rs. 907.03 lakhs in Q4 2023-2024, reflecting strong growth. Their net profit also saw a positive shift, rising by 12.6% quarter-over-quarter (QoQ) from Rs. 284.76 lakhs in Q4 2023-2024 to Rs. 320.65 lakhs in Q1 2024-2025.
Looking at the year-over-year (YoY) performance, SKP Securities achieved a notable improvement in their earnings. Compared to Q1 2023-2024, the company’s revenue grew by 8.5% from Rs. 908.52 lakhs.
This YoY growth underscores the company’s continued strength in the financial services sector. The increase in net profit by 13.4% YoY from Rs. 282.75 lakhs further highlights SKP Securities’ successful strategies and robust financial health.
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SKP Securities Q1 Results 2024 - 2025
Here’s a summary of SKP Securities’s financial performance for Q1 2024-2025:
| Particulars | 30.06.2024 (Unaudited) | 31.03.2024 (Audited) | YoY Change (%) | QoQ Change (%) |
|---|---|---|---|---|
| Revenue from Operations | ||||
| Interest Income | 103.03 lakhs | 107.85 lakhs | -4.4% | -4.4% |
| Brokerage and Fee Income | 733.33 lakhs | 733.05 lakhs | +0.0% | +0.0% |
| Net Gain on Fair Value Changes | 150.44 lakhs | 65.94 lakhs | +128.0% | +128.0% |
| Total Revenue from Operations | 986.80 lakhs | 906.84 lakhs | +8.8% | +8.8% |
| Other Income | 0.01 lakhs | 0.19 lakhs | -94.7% | -94.7% |
| Total Income | 986.81 lakhs | 907.03 lakhs | +8.8% | +8.8% |
| Total Expenses | 578.29 lakhs | 515.72 lakhs | +12.1% | +12.1% |
| Profit before Exceptional Items | 408.52 lakhs | 391.31 lakhs | +4.4% | +4.4% |
| Profit before Tax | 408.52 lakhs | 391.31 lakhs | +4.4% | +4.4% |
| Net Profit for the Period | 320.65 lakhs | 284.76 lakhs | +12.6% | +12.6% |
| Total Comprehensive Income | 322.24 lakhs | 302.01 lakhs | +6.7% | +6.7% |
| Paid-up Equity Share Capital | 680.88 lakhs | 680.88 lakhs | 0.0% | 0.0% |
| Earnings per Share | ||||
| Basic | 4.71 | 4.18 | +12.7% | +12.7% |
| Diluted | 4.71 | 4.18 | +12.7% | +12.7% |
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SKP Securities Current Market Overview
As of now, SKP Securities’s stock is trading at ₹159, with a market capitalization of ₹108 crore. The stock has fluctuated between a high of ₹170 and a low of ₹58.3. It has a Price-to-Earnings (P/E) ratio of 9.83, indicating its earnings relative to its stock price.
The company’s book value stands at ₹61.4 per share, and it offers a dividend yield of 0.94%. With a strong Return on Capital Employed (ROCE) of 30.3% and a Return on Equity (ROE) of 22.9%, SKP Securities shows solid financial performance and efficient use of its resources.
| Metric | Value |
|---|---|
| Current Price | ₹159 |
| Market Cap | ₹108 Crore |
| High / Low | ₹170 / ₹58.3 |
| Stock P/E Ratio | 9.83 |
| Book Value | ₹61.4 |
| Dividend Yield | 0.94% |
| Return on Capital Employed (ROCE) | 30.3% |
| Return on Equity (ROE) | 22.9% |
| Face Value | ₹10.0 |
Quarterly Results
Here are the quarterly results for SKP Securities for December 2023, March 2024, and June 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Crore) | 8.98 | 9.07 | 9.87 |
| Expenses (₹ Crore) | 4.78 | 4.94 | 5.54 |
| Operating Profit (₹ Crore) | 4.20 | 4.13 | 4.33 |
| OPM (%) | 46.77% | 45.53% | 43.87% |
| Other Income (₹ Crore) | 0.00 | 0.00 | 0.00 |
| Interest (₹ Crore) | 0.08 | 0.09 | 0.12 |
| Depreciation (₹ Crore) | 0.13 | 0.13 | 0.13 |
| Profit Before Tax (₹ Crore) | 3.99 | 3.91 | 4.08 |
| Tax (%) | 24.81% | 27.11% | 21.57% |
| Net Profit (₹ Crore) | 3.00 | 2.85 | 3.21 |
| EPS (₹) | 4.41 | 4.19 | 4.71 |
About SKP Securities
SKP Securities is a well-established financial services company based in India, offering a range of services to meet various financial needs. They provide stock broking services for equities, equity derivatives, and currency derivatives, helping clients trade and invest in the stock market.
Additionally, SKP Securities acts as a depository participant for the National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), facilitating the safe and efficient management of securities.
They also distribute mutual funds, offer investment and merchant banking services, and provide wealth advisory to individual and corporate clients. With a broad array of financial solutions, SKP Securities aims to support and guide its clients in achieving their investment goals.
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SKP Securities Q1 Results - FAQs
1. What were SKP Securities' total revenue from operations for Q1 2024-2025?
SKP Securities reported a total revenue from operations of ₹986.80 lakhs for Q1 2024-2025.
2. How much did SKP Securities' net profit increase QoQ in Q1 2024-2025?
SKP Securities' net profit increased by 12.6% QoQ in Q1 2024-2025.
3. What was the revenue growth percentage YoY for SKP Securities in Q1 2024-2025?
SKP Securities saw an 8.5% YoY revenue growth in Q1 2024-2025.
4. What was the operating margin for SKP Securities in Q1 2024-2025?
SKP Securities had an operating margin of 42.60% in Q1 2024-2025.
5. How did SKP Securities' total income change from Q4 2023-2024 to Q1 2024-2025?
SKP Securities' total income increased by 8.8% from Q4 2023-2024 to Q1 2024-2025.
6. What were SKP Securities' earnings per share (EPS) in Q1 2024-2025?
SKP Securities' earnings per share (EPS) were ₹4.71 in Q1 2024-2025.
7. How much did SKP Securities' total expenses increase QoQ in Q1 2024-2025?
SKP Securities' total expenses increased by 12.1% QoQ in Q1 2024-2025.
8. What was the net gain on fair value changes for SKP Securities in Q1 2024-2025?
SKP Securities' net gain on fair value changes was ₹150.44 lakhs in Q1 2024-2025.
9. What was the total comprehensive income for SKP Securities in Q1 2024-2025?
SKP Securities' total comprehensive income was ₹322.24 lakhs in Q1 2024-2025.
10. What was SKP Securities' profit before tax in Q1 2024-2025?
SKP Securities' profit before tax was ₹408.52 lakhs in Q1 2024-2025.