Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · PALASH SECURITIES LTD · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
PALASH SECURITIES LTD
NSE: PALASHSECU · BSE: 540648
NSE: PALASHSECU · BSE: 540648
Fast Moving Consumer Goods › Fast Moving Consumer Goods › Food Products › Packaged Foods
PALASH SECURITIES LTD
StateQ1 FY27 filed
Last close · 28 Oct 2026₹77.30
Market cap₹0.1k cr
TTM P/E · P/B · EV/EBITDA4.8 · 0.16 · —
PALASH SECURITIES LTD is a Food Products company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 54 | 53 | 41 | 49 | 49 |
| EBITDA (ex other income) | (12) | (12) | (11) | (14) | (4) |
| margin % | (22.3) | (21.7) | (28.0) | (29.0) | (8.2) |
| Owners' profit | 0 | 16 | (16) | (12) | 16 |
| EPS, as reported (₹) | (8.54) | 15.57 | (9.62) | (12.66) | 16.06 |
| ROE % · ROCE % | (1.6) · — | (4.1) · — | (3.2) · — | (2.9) · — | 2.4 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 1 | (13) | (12) | (5) | (18) |
| Capex | (0) | (0) | (0) | (1) | (2) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · PALASH SECURITIES LTD · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 13 | 14 | 14 | 25 | 10 | 0 | 0 |
| Profit before tax | (1) | (4) | (10) | (3) | (1) | 23 | (0) | 0 |
| Net profit | (3) | (3) | (9) | (3) | (3) | 22 | (4) | (1) |
| EPS (₹) | (1.64) | (1.28) | (7.51) | (1.57) | (0.65) | 22.43 | (4.14) | (1.46) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Investing Business | 4 | 8.0 |
| Food Processing Business | 45 | 92.0 |
| Total, before eliminations | 49 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NESTLE INDIA LIMITED | 2,25,418 | 59.2 | 43.71 | 41.0 | 67.9 | 54.7 | — | 24.4 |
| BRITANNIA INDUSTRIES LTD | 1,10,429 | 42.4 | 21.50 | 29.6 | 49.4 | 59.8 | 7.8 | 18.0 |
| ZYDUS WELLNESS LIMITED | 14,793 | 78.6 | 2.54 | 37.6 | 3.4 | 2.4 | 16.2 | 17.1 |
| BIKAJI FOODS INTERN LTD | 11,603 | 44.9 | 6.80 | 25.7 | 14.9 | 18.3 | — | 15.3 |
| BOMBAY BURMAH TRADING COR | 8,286 | 6.4 | 0.86 | 2.4 | 26.0 | 33.5 | 7.8 | 17.7 |
| MRS BECTORS FOOD SPE LTD | 5,577 | 18.9 | 4.39 | 19.6 | 11.1 | 13.1 | 18.3 | 14.7 |
| GOPAL SNACKS LIMITED | 3,057 | 36.4 | 6.38 | — | 15.4 | 19.4 | — | 7.6 |
| ADF FOODS LIMITED | 2,635 | 28.6 | 4.61 | 17.9 | 15.7 | 18.8 | 13.1 | 18.4 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.8 | 29.5 | 6 of 38 | 87% |
| P/B | 0.2 | 2.6 | 1 of 34 | 100% |
| ROE | 2.4 | 7.7 | 27 of 34 | 21% |
| EBITDA margin | 53.4 | 9.9 | 2 of 33 | 97% |
| Revenue growth | (97.7) | 14.1 | 34 of 36 | 6% |
| Profit growth | 51.5 | 14.1 | 12 of 33 | 66% |
| Market cap | 77 | 96 | 24 of 43 | 45% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · PALASH SECURITIES LTD · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Reg 74(5) DP compliance certificate filed for Sep 2026 quarter | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closed from October 1 until results announcement | compliance | minimal | — | — |
| 1 Sept 2026 · Newspaper ad regarding special window for share dematerialization | compliance | minimal | — | — |
| 14 Aug 2026 · Palash Securities Q1 FY27: Consolidated Loss 1.47Cr on MFL Woes | results | high | — | — |
| 14 Aug 2026 · Q1 FY27 Results: Loss of Rs 1.47 Cr Consolidated on MFL Woes | results | high | — | — |
| 7 Aug 2026 · Board Meeting on 14 Aug 2026 to Consider Q1 FY27 Results | results | low | — | — |
| 5 Aug 2026 · 12th AGM: All 3 resolutions passed with 99.85 percent approval | compliance | minimal | — | — |
| 5 Aug 2026 · Singhi and Co appointed as statutory auditor for five year term | management changes | medium | — | — |
| 5 Aug 2026 · Palash Securities 12th AGM: 3 resolutions passed, new auditor Singhi and Co appointed | board shareholder meetings | medium | — | — |
| 14 Jul 2026 · Record date and book closure set for 12th AGM on August 5, 2026 | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in