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Khandwala Securities Limited (KHANDSE.BO)

INR19.25 +2.24 (+13.17%)
IN BSE Financial Services Financial - Capital Markets
Address Vikas Building 400023
Mumbai, IN
CEO Paresh Jayantilal Khandwala
IPO 2003-12-11
ISIN INE060B01014

Explore sections of this company profile

Also trades on Bombay Stock Exchange · KHANDSE.BO (INR) National Stock Exchange of India · KHANDSE.NS (INR)
Description

Khandwala Securities Limited, established in 1934 and headquartered in Mumbai, India, operates as a diversified financial institution, delivering a wide array of services across the nation. Its core offerings include securities brokerage, corporate finance advisory, wealth management, asset administration, and depository participant functions. The company structures its operations across two distinct segments: Investment and Stock, and Fee-Based. Within its investment banking division, the firm provides extensive corporate finance advisory, guiding clients through diverse fundraising initiatives. This encompasses managing domestic initial public offerings (IPOs), foreign currency convertible bonds (FCCBs), private equity placements, subsequent public offerings (such as follow-ons and rights issues), qualified institutional placements (QIPs), and convertible debt offerings. Additionally, it offers strategic counsel on mergers and acquisitions, broader corporate finance, and restructuring endeavors. Institutional clients benefit from comprehensive equity services, including dedicated sales, efficient trade execution, and in-depth research. Beyond institutional offerings, its broking and distribution arm serves non-institutional clients, providing equity sales, access to trading platforms, research, and robust depository participant facilities. The investment advisory vertical focuses on both private and corporate wealth management, encompassing financial planning, strategic asset allocation guidance, and the distribution of various financial products. Khandwala Securities also manages equity and debt issuances. The firm's extensive product suite includes equities, derivatives, mutual funds, structured products, depository services, and insurance, complemented by third-party product distribution. Khandwala Securities serves a broad spectrum of clients, ranging from public and private sector corporations and multinational entities to financial institutions, institutional investors, high-net-worth individuals, retail investors, and various market intermediaries.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR19.25 +2.24 (+13.17%)
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Volume Profile
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Liquidity & share structure
Average Volume
9.6K
Beta
0.05
Float Shares
14.96M
Free Float %
98.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.25% -5.25% +9.31% +0.29% -22.36% -19.54% -23.91% -25.21% -25.21% -25.21% -25.21%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
19.25
DCF (Unlevered) 8.65 -55.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
1.55
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Capital Markets: +19.7%
    -2.1% Q1'26: +128.1% (vs Q1'25)
  • EPS growth Financial - Capital Markets: +35.3%
    -59.6% Q1'26: +78.5% (vs Q1'25)
  • FCF margin FCF growth · Financial - Capital Markets: +29.5%
    -21.2% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Financial - Capital Markets: +33.5%
    -13.7% Q1'26: -16.5% (vs Q1'25)
  • ROIC Financial - Capital Markets: +4.0%
    -4.4% Q1'26: -6.0% (vs Q1'25)
  • Share dilution Financial - Capital Markets: +0.0%
    -0.5% Q1'26: -0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×
    -2.89× Q1'26: -1.84× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.56) × ERP
WACC = 90% × Ke + 10% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8.65 Current price: 19.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-27 C 2/5 1/5 1/5 1/5 3/5 1/5 4/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.05M
OE per share TTM
-0.13
Owner's Yield
-0.76%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
64.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-367.1K
Shares Outstanding
15.25M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Paresh Jayantilal Khandwala MD, Chief Investor Relations Officer & Director 3M male
Pranav Paresh Khandwala Chief Financial Officer & Whole-time Director 2M male
Abhishek Narendra Joshi Company Secretary & Compliance Officer 536.3K male
Amol Wahikar Chief Dealer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits