Swarna Securities Ltd

SWRNASE

Watchlist

AI Mode

‌

Market Cap

₹ 24 Cr

P/E

29.67

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

OVERVALUED

Growth

SLUGGISH

Profitability

HIGH MARGIN

Technicals

Bullish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Swarna Securities Limited, established in 1990, initially offered hire purchase and hypothecation loans in India, also engaging in share trading.

After surrendering its NBFC Certificate to the Reserve Bank of India, the company ceased its non-banking finance operations and has halted fresh loan issuances.

Presently, Swarna Securities generates non-operating income through rent, lease, and dividends while collecting outstanding dues from borrowers.

The company is pivoting towards the real estate and development sector, aiming to re-establish its business model and growth trajectory in the coming years.

Sector

Realty

Industry

Construction - Housing - Medium / Small

Market Cap

24 Cr

Volatility

Low Risk

P/E Ratio

29.7

Industry P/E

31.1

PEG Ratio

7.5

P/B Ratio

3.4

52W High

88.70

52W Low

48.00

Sales CAGR

—

10Y

—

Profit CAGR

12.50%

3.95%

7.11%

10Y

—

ROE

TTM

11.48%

12.88%

14.10%

10Y

10.27%

ROCE

TTM

13.35%

14.55%

15.75%

10Y

13.17%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
MARBU	48.00	25 Cr	3.94	0.50	0.00	10.87	8.46	6.20
KAMANWALA	17.27	24 Cr	0.53	0.21	0.00	39.80	43.19	39.24
SWRNASE	78.33	24 Cr	29.67	3.40	0.00	11.48	13.35	10.71
ROSELABS	21.90	22 Cr	—	0.00	0.00	5.39	-235.44	-207.69
RAGHUTOB	18.14	22 Cr	10.67	0.49	0.00	4.54	4.50	3.44
VASINFRA	14.00	21 Cr	—	0.00	0.00	0.09	0.17	-0.16
DRL	21.95	21 Cr	10.26	1.35	0.00	18.18	21.93	15.01

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.14	0.07	0.06	0.08	0.16	0.08	0.06	0.07	0.22	0.07
Operating Profit	-0.14	-0.07	-0.06	-0.08	-0.16	-0.08	-0.06	-0.07	-0.22	-0.07
OPM %	—	—	—	—	—	—	—	—	—	—
Other Income	0.30	0.31	0.31	0.35	0.34	0.36	0.36	0.37	0.34	0.39
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.03	0.01	0.01
Profit Before Tax	0.15	0.23	0.24	0.26	0.17	0.27	0.29	0.28	0.11	0.31
Tax %	20.00	21.74	16.67	15.38	17.65	18.52	10.34	32.14	9.09	22.58
Net Profit	0.12	0.18	0.20	0.22	0.14	0.22	0.27	0.19	0.10	0.24
EPS in Rs	0.40	0.61	0.65	0.72	0.45	0.73	0.89	0.63	0.32	0.81

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.06	0.02	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
Expenses	0.04	0.05	0.14	0.27	0.32	0.31	0.31	0.34	0.37	0.43
Operating Profit	0.02	-0.04	-0.14	-0.26	-0.31	-0.31	-0.31	-0.34	-0.37	-0.43
OPM %	30.46	-240.79	—	-1,775.31	-4,422.18	—	—	—	—	—
Other Income	0.02	0.19	0.52	0.96	1.06	1.20	1.21	1.27	1.43	1.43
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.05	0.05	0.06
Profit Before Tax	0.03	0.15	0.39	0.70	0.75	0.89	0.87	0.88	1.01	0.95
Tax %	8.79	368.94	20.56	18.45	17.81	19.08	17.85	18.28	19.53	17.89
Net Profit	0.03	-0.41	0.31	0.57	0.61	0.72	0.71	0.72	0.81	0.78
EPS in Rs	0.09	-1.35	1.03	1.92	2.04	2.40	2.38	2.38	2.70	2.65
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	-0.51	-0.47	-0.88	-0.58	-0.00	0.61	1.33	2.04	2.76	3.57
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	0.08	0.07	0.29	0.28	0.53	0.53	0.52	0.53	0.52	0.55
Total Liabilities	2.58	2.60	2.41	2.71	3.53	4.14	4.86	5.57	6.28	7.12
Fixed Assets	1.52	1.65	0.00	0.00	0.00	0.00	0.09	0.14	0.12	0.09
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.69	0.00	0.00	0.00
Investments	0.06	0.06	1.70	1.99	2.89	2.89	2.89	3.65	4.35	4.35
Other Assets	1.00	0.88	0.71	0.72	0.64	1.25	1.18	1.79	1.81	2.68
Total Assets	2.58	2.60	2.41	2.71	3.53	4.14	4.86	5.57	6.28	7.12

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-0.39	0.31	0.55	0.63	0.71	0.76	0.85	0.89
Cash from Investing Activity	0.45	-0.10	-0.87	-0.12	-1.24	-0.65	-0.17	-0.03
Cash from Financing Activity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow	0.06	0.21	-0.32	0.51	-0.53	0.11	0.68	0.86

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%	63.69%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	8.43%	8.40%	8.40%	8.40%	8.40%	8.40%	8.40%	8.40%	8.40%	8.40%	8.40%	8.40%
Public	27.88%	27.91%	27.91%	27.91%	27.91%	27.91%	27.91%	27.91%	27.91%	27.91%	27.91%	27.91%
Total Shareholders	533	540	635	659	695	811	790	813	906	925	923	939

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.14	0.07	0.06	0.08	0.16	0.08	0.06	0.07	0.22	0.07
Operating Profit	-0.14	-0.07	-0.06	-0.08	-0.16	-0.08	-0.06	-0.07	-0.22	-0.07
OPM %	—	—	—	—	—	—	—	—	—	—
Other Income	0.30	0.31	0.31	0.35	0.34	0.36	0.36	0.37	0.34	0.39
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.03	0.01	0.01
Profit Before Tax	0.15	0.23	0.24	0.26	0.17	0.27	0.29	0.28	0.11	0.31
Tax %	20.00	21.74	16.67	15.38	17.65	18.52	10.34	32.14	9.09	22.58
Net Profit	0.12	0.18	0.20	0.22	0.14	0.22	0.27	0.19	0.10	0.24
EPS in Rs	0.40	0.61	0.65	0.72	0.45	0.73	0.89	0.63	0.32	0.81

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.06	0.02	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
Expenses	0.04	0.05	0.14	0.27	0.32	0.31	0.31	0.34	0.37	0.43
Operating Profit	0.02	-0.04	-0.14	-0.26	-0.31	-0.31	-0.31	-0.34	-0.37	-0.43
OPM %	30.46	-240.79	—	-1,775.31	-4,422.18	—	—	—	—	—
Other Income	0.02	0.19	0.52	0.96	1.06	1.20	1.21	1.27	1.43	1.43
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.05	0.05	0.06
Profit Before Tax	0.03	0.15	0.39	0.70	0.75	0.89	0.87	0.88	1.01	0.95
Tax %	8.79	368.94	20.56	18.45	17.81	19.08	17.85	18.28	19.53	17.89
Net Profit	0.03	-0.41	0.31	0.57	0.61	0.72	0.71	0.72	0.81	0.78
EPS in Rs	0.09	-1.35	1.03	1.92	2.04	2.40	2.38	2.38	2.70	2.65
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	-0.51	-0.47	-0.88	-0.58	-0.00	0.61	1.33	2.04	2.76	3.57
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	0.08	0.07	0.29	0.28	0.53	0.53	0.52	0.53	0.52	0.55
Total Liabilities	2.58	2.60	2.41	2.71	3.53	4.14	4.86	5.57	6.28	7.12
Fixed Assets	1.52	1.65	0.00	0.00	0.00	0.00	0.09	0.14	0.12	0.09
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.69	0.00	0.00	0.00
Investments	0.06	0.06	1.70	1.99	2.89	2.89	2.89	3.65	4.35	4.35
Other Assets	1.00	0.88	0.71	0.72	0.64	1.25	1.18	1.79	1.81	2.68
Total Assets	2.58	2.60	2.41	2.71	3.53	4.14	4.86	5.57	6.28	7.12

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-0.39	0.31	0.55	0.63	0.71	0.76	0.85	0.89
Cash from Investing Activity	0.45	-0.10	-0.87	-0.12	-1.24	-0.65	-0.17	-0.03
Cash from Financing Activity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow	0.06	0.21	-0.32	0.51	-0.53	0.11	0.68	0.86

Overview

Detailed Summary

Swarna Securities Limited, established in 1990, initially offered hire purchase and hypothecation loans in India, also engaging in share trading.

After surrendering its NBFC Certificate to the Reserve Bank of India, the company ceased its non-banking finance operations and has halted fresh loan issuances.

Presently, Swarna Securities generates non-operating income through rent, lease, and dividends while collecting outstanding dues from borrowers.

The company is pivoting towards the real estate and development sector, aiming to re-establish its business model and growth trajectory in the coming years.

Sector

Realty

Industry

Construction - Housing - Medium / Small

Market Cap

24 Cr

Volatility

Low Risk

P/E Ratio

29.7

Industry P/E

31.1

PEG Ratio

7.5

P/B Ratio

3.4

52W High

88.70

52W Low

48.00

Sales CAGR

—

10Y

—

Profit CAGR

12.50%

3.95%

7.11%

10Y

—

ROE

TTM

11.48%

12.88%

14.10%

10Y

10.27%

ROCE

TTM

13.35%

14.55%

15.75%

10Y

13.17%

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
MARBU	48.00	25 Cr	3.94	0.50	0.00	10.87	8.46	6.20
KAMANWALA	17.27	24 Cr	0.53	0.21	0.00	39.80	43.19	39.24
SWRNASE	78.33	24 Cr	29.67	3.40	0.00	11.48	13.35	10.71
ROSELABS	21.90	22 Cr	—	0.00	0.00	5.39	-235.44	-207.69
RAGHUTOB	18.14	22 Cr	10.67	0.49	0.00	4.54	4.50	3.44
VASINFRA	14.00	21 Cr	—	0.00	0.00	0.09	0.17	-0.16
DRL	21.95	21 Cr	10.26	1.35	0.00	18.18	21.93	15.01