Safecure Services
Safecure Services
Commercial ServicesKey Fundamentals
SMEDiversified ServicesCommercial ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
4- Company has reduced debt.
- Stock is trading at 0.43 times its book value
- Company has delivered good profit growth of 44.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.8% over past five years.
- Tax rate seems low
- Company has high debtors of 175 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 126 days to 253 days
Growth Rate
Quarterly Results
| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 23.67 | 37.2 | 27.89 | 26.97 |
| Expenses | 20.3 | 32.38 | 23.62 | 23.48 |
| Operating Profit | 3.37 | 4.82 | 4.27 | 3.49 |
| OPM % | 14.24% | 12.96% | 15.31% | 12.94% |
| Other Income | 0.07 | 0.12 | 0.07 | 0.14 |
| Interest | 0.7 | 0.16 | 0.76 | 0.9 |
| Depreciation | 0.33 | 1.27 | 0.39 | 0.57 |
| PBT | 2.41 | 3.51 | 3.19 | 2.16 |
| Tax % | 12.86% | 13.11% | 6.58% | -10.19% |
| Net Profit | 2.1 | 3.06 | 2.97 | 2.38 |
| EPS in Rs | 2.98 | 4.35 | 4.22 | 2.37 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 31.46 | 29.44 | 38.9 | 52.33 | 60.87 | 54.86 |
| Expenses | 29.19 | 27.32 | 33.4 | 44.83 | 52.39 | 47.1 |
| Operating Profit | 2.27 | 2.12 | 5.5 | 7.5 | 8.48 | 7.76 |
| OPM % | 7.22% | 7.2% | 14.14% | 14.33% | 13.93% | 14.15% |
| Other Income | 0.06 | 0.04 | 0.2 | 0.24 | 0.18 | 0.21 |
| Interest | 0.86 | 0.86 | 1.49 | 1.5 | 1.87 | 1.66 |
| Depreciation | 0.36 | 0.3 | 0.7 | 0.85 | 0.87 | 0.96 |
| PBT | 1.11 | 1 | 3.51 | 5.39 | 5.92 | 5.35 |
| Tax % | 22.52% | 27% | 11.11% | 10.95% | 12.84% | -0.19% |
| Net Profit | 0.86 | 0.73 | 3.12 | 4.8 | 5.16 | 5.35 |
| EPS in Rs | 4.89 | 4.15 | 17.73 | 6.82 | 7.33 | 5.33 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 1.76 | 1.76 | 1.76 | 7.04 | 7.04 | 10.04 |
| Reserves | 2.65 | 3.38 | 5.66 | 5.27 | 10.37 | 36.45 |
| Borrowings | 5.07 | 8.16 | 7.99 | 8.95 | 13.93 | 7.89 |
| Other Liabilities | 4.36 | 5.8 | 6.98 | 6.07 | 9 | 3.44 |
| Total Liabilities | 13.84 | 19.1 | 22.39 | 27.33 | 40.34 | 57.82 |
| Fixed Assets | 2.24 | 2.16 | 3.01 | 3 | 3.91 | 5.6 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1.52 | 1.52 | 1.52 | 1.52 |
| Other Assets | 11.6 | 16.94 | 17.86 | 22.81 | 34.91 | 50.7 |
| Total Assets | 13.84 | 19.1 | 22.39 | 27.33 | 40.34 | 57.82 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | — | -2.71 | 4.67 | 0.46 | -1.41 | -11.82 |
| Investing | — | 0.11 | -0.83 | -0.49 | -1.46 | -3.33 |
| Financing | — | 2.92 | -3.83 | 0.3 | 2.92 | 15.11 |
| Net Cash Flow | — | 0.32 | 0.01 | 0.26 | 0.05 | -0.04 |
| Free Cash Flow | — | -2.93 | 3.85 | -0.79 | -2.71 | -14.48 |
| CFO/OP | — | -128 | 89 | 14 | -8 | -153 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 116 | 144 | 119 | 115 | 157 | 175 |
| Inventory Days | — | — | — | — | — | 0 |
| Cash Conversion Cycle | 116 | 144 | 119 | 115 | 157 | 175 |
| Working Capital Days | 70.89 | 97.33 | 13.51 | 46.1 | 80.17 | 253 |
| ROCE % | — | 16.68% | 34.83% | 37.58% | 29.62% | 16.36% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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40 extracted metrics + investor summaries across FY15–FY26.
Documents
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Company Information
Incorporated in 2012, Safecure Services Limited is engaged in the business of prominent security and facility management company.[1]
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