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Quest Capital Markets Limited (500069) Press Release Analysis

Corporate Events

Neutral

Quest Capital Markets Limited, Board Meeting, N...

2022-11-03 05:41:00

Quest Capital Markets Limited, Board Meeting, Nov 10, 2022, at 12:15 Indian Standard Time. Agenda: To consider the un-audited financial result...

Neutral

Quest Capital Markets Limited to Report Q2, 202...

2022-11-03 05:41:00

Quest Capital Markets Limited announced that they will report Q2, 2023 results on Nov 10, 2022

Neutral

Quest Capital Markets Limited to Report Q1, 202...

2022-08-03 10:58:00

Quest Capital Markets Limited announced that they will report Q1, 2023 results on Aug 10, 2022

Neutral

Quest Capital Markets Limited, Board Meeting, A...

2022-08-03 10:58:00

Quest Capital Markets Limited, Board Meeting, Aug 10, 2022, at 15:25 Indian Standard Time. Agenda: To consider and approve the un-audited fina...

Positive

Quest Capital Markets Limited Approves Final Di...

2022-07-08 13:03:00

Quest Capital Markets Limited announced that at the Annual General Meeting held on July 8, 2022, approved to declare a final dividend of INR 2...

Positive

Quest Capital Markets Limited Proposes Final Di...

2022-06-10 11:04:00

Quest Capital Markets Limited announced that at the Annual General Meeting to be held on July 8, 2022, proposed to declare a final dividend of...

Neutral

Quest Capital Markets Limited - Shareholder/Ana...

2022-06-10 11:04:00

AGM

Neutral

Quest Capital Markets Limited, Annual General M...

2022-06-10 11:04:00

Quest Capital Markets Limited, Annual General Meeting, Jul 08, 2022, at 12:00 Indian Standard Time. Agenda: To consider and adopt audited fina...

Positive

Quest Capital Markets Limited, 2.50 (INR), Cash...

2022-04-22 00:00:00

Quest Capital Markets Limited, 2.50 (INR), Cash Dividend, Jun-30-2022

Neutral

Quest Capital Markets Limited to Report Fiscal ...

2022-04-14 09:59:00

Quest Capital Markets Limited announced that they will report fiscal year 2022 results on Apr 22, 2022

Neutral

Quest Capital Markets Limited, Board Meeting, A...

2022-04-14 09:59:00

Quest Capital Markets Limited, Board Meeting, Apr 22, 2022. Agenda: To approve and take on record the audited financial results of the company...

Neutral

BNK Capital Markets Limited, Board Meeting, Feb...

2022-02-03 11:24:00

BNK Capital Markets Limited, Board Meeting, Feb 03, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approve the change of name of...

Negative

BNK Capital Markets Limited Appoints Sunil Bhan...

2021-12-18 11:09:00

BNK Capital Markets Limited approved the appointment of Mr. Sunil Bhandari Non-Executive Non-Independent Director as Chairman of the Board for...

Neutral

Quest Capital Markets Limited, Board Meeting, Nov 10, 2022

2022-11-03 05:41:00

Quest Capital Markets Limited, Board Meeting, Nov 10, 2022, at 12:15 Indian Standard Time. Agenda: To consider the un-audited financial results for the quarter and half yearly ended 30th September 2022.

Neutral

Quest Capital Markets Limited to Report Q2, 2023 Results on Nov 10, 2022

2022-11-03 05:41:00

Quest Capital Markets Limited announced that they will report Q2, 2023 results on Nov 10, 2022

Neutral

Quest Capital Markets Limited to Report Q1, 2023 Results on Aug 10, 2022

2022-08-03 10:58:00

Quest Capital Markets Limited announced that they will report Q1, 2023 results on Aug 10, 2022

Neutral

Quest Capital Markets Limited, Board Meeting, Aug 10, 2022

2022-08-03 10:58:00

Quest Capital Markets Limited, Board Meeting, Aug 10, 2022, at 15:25 Indian Standard Time. Agenda: To consider and approve the un-audited financial results for the quarter ended 30 June 2022.

Positive

Quest Capital Markets Limited Approves Final Dividend for the Financial Year Ended March 31, 2022

2022-07-08 13:03:00

Quest Capital Markets Limited announced that at the Annual General Meeting held on July 8, 2022, approved to declare a final dividend of INR 2.50 per equity share for the financial year ended March 31, 2022.

Positive

Quest Capital Markets Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022

2022-06-10 11:04:00

Quest Capital Markets Limited announced that at the Annual General Meeting to be held on July 8, 2022, proposed to declare a final dividend of INR 2.50 per equity share for the financial year ended March 31, 2022. The Register of Members and Share Transfer Books of the Company will remain closed from 2nd July, 2022 to 8th July, 2022 (both days inclusive) for the purpose of the AGM/payment of final dividend on equity shares for the year ended 31 March, 2022.

Neutral

Quest Capital Markets Limited - Shareholder/Analyst Call

2022-06-10 11:04:00

AGM

Neutral

Quest Capital Markets Limited, Annual General Meeting, Jul 08, 2022

2022-06-10 11:04:00

Quest Capital Markets Limited, Annual General Meeting, Jul 08, 2022, at 12:00 Indian Standard Time. Agenda: To consider and adopt audited financial statements of the company for the financial year ended on March 31, 2022 and the reports of the Board of Directors and Auditors thereon; to consider declare a final dividend of Rs. 2.50/- per equity share for the financial year ended March 31, 2022; to consider appointment of Mr. Harish Toshniwal who retires by rotation as a director; and to consider re-appoint Auditors and fix their remuneration.

Positive

Quest Capital Markets Limited, 2.50 (INR), Cash Dividend, Jun-30-2022

2022-04-22 00:00:00

Quest Capital Markets Limited, 2.50 (INR), Cash Dividend, Jun-30-2022

Neutral

Quest Capital Markets Limited to Report Fiscal Year 2022 Results on Apr 22, 2022

2022-04-14 09:59:00

Quest Capital Markets Limited announced that they will report fiscal year 2022 results on Apr 22, 2022

Neutral

Quest Capital Markets Limited, Board Meeting, Apr 22, 2022

2022-04-14 09:59:00

Quest Capital Markets Limited, Board Meeting, Apr 22, 2022. Agenda: To approve and take on record the audited financial results of the company under Indian Accounting Standards (Ind AS) for the year ending March 31, 2022; and to recommend a final dividend, if any, on the equity shares of the company for the financial year ending March 31, 2022 for the approval of the shareholders at the ensuing 36th Annual General Meeting; and to consider other matters.

Neutral

BNK Capital Markets Limited, Board Meeting, Feb 03, 2022

2022-02-03 11:24:00

BNK Capital Markets Limited, Board Meeting, Feb 03, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approve the change of name of the Company from BNK Capital Markets Limited to Quest Capital Markets Limited.

Negative

BNK Capital Markets Limited Appoints Sunil Bhandari as Chairman of the Board

2021-12-18 11:09:00

BNK Capital Markets Limited approved the appointment of Mr. Sunil Bhandari Non-Executive Non-Independent Director as Chairman of the Board for a term of 2 Years in accordance with Articles of Association of the Company.

Fundamental Summary

Quest Capital Markets published its Q1 report on 2021-06-30 with positive results, but no significant factors particularly remarkable relative to its peers. Its income and value factors appear positive and give support for optimism regarding the likelihood of continued positive performance. Bottom line, Quest Capital Markets's financials indicate solid performance in terms of income and value, which leads us to believe that they may become interesting again in the next few months. But for right now, we gave the company an overall grade of 78 and a HOLD recommendation.

Quest Capital Markets reported earnings results for the fourth quarter ended March 31, 2022. For the fourth quarter, the company reported revenue was INR 214.83 million compared to INR 235.02 million a year ago. Net income was INR 164.34 million compared to INR 85.58 million a year ago. Basic earnings per share from continuing operations was INR 16.43 compared to INR 8.56 a year ago. Diluted earnings per share from continuing operations was INR 16.43 compared to INR 8.56 a year ago.

Sector Overview

Quest Capital Markets is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Quest Capital Markets's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 4.9B 0.0% 88
Liabilities 110.8M 0.0% 71
Price to Book 0.3 60.5% 94
Cash & Equivalents 308.4M 0.0% 80
Parameter Value Change Score
Equity 4.8B 0.0% 76
Total Revenues 458.7M 8.8% 54
Return on Equity 4.5 3.7% 47
* All values are TTM

The below chart reflects Quest Capital Markets's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Quest Capital Markets's peer average final assessment score stands on 68, Quest Capital Markets's score is 78.

  •  500069
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
BF Investment Limited 10.9B 64 64 66
Hold
63
63 6 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 7 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 8 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 9 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 10 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 11 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 12 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 14 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 15 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 16 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 17 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 18 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 19 1
Aditya Birla Money Limited 3.5B 88 81 75
Strong Buy
88
88 20 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 21 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 22 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 23 1
Industrial & Prudential Investment Company Limited 3.2B 89 68 87
Buy
85
85 24 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 25 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 26 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 27 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 28 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 29 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 30 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 31 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 32 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 33 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 34 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 35 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 36 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 37 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 38 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 39 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 40 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 41 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 42 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 43 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 44 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 45 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 46 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 47 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 48 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 49 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 50 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 51 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 52 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 53 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 54 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 55 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 56 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 57 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 58 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 59 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 60 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 61 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 62 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 63 1
Esaar (India) Limited 148.2M 69 62 69
Hold
71
71 64 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 65 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 66 1
Alka Securities Limited 85.4M 91 86 61
Strong Buy
90
90 67 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 68 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 69 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 70 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 71 1
Mathew Easow Research Securities Limited 38.5M 59 55 60
Underperform
51
51 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Neutral
61

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Quest Capital Markets Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In considering the current macro environment and the risks that might affect Quest Capital Markets Limited stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated Quest Capital Markets Limited macro environment with the score of 61.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Quest Capital Markets's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Quest Capital Markets's stock appears overbought. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 31.

Bearish 31
Close Price 214.15
52W Low 212.05
52W High 342.85
5D MA 220.43
50D MA 226.89
200D MA 249.63
MACD -2.69
RSI 76.63
STOCH 17.57

Balance Sheet Analysis

Book Value Factors stood out as the most significant drivers of Quest Capital Markets's balance sheet strength. Quest Capital Markets's price to book ratio (P/B) was reported as 0.3 and represents 60.5% change from the previous report. These book value factor numbers show that management has been prudent in focusing on efficient growth. We believe the stock price has room to grow to reflect its intrinsic value accurately. Therefore, its book value factors earned a score of 94. Also, The company's assets section could set high expectations for Quest Capital Markets's future attractiveness, as they went to 4.9B, which is a 0.0% change from the last period. This performance is interesting in comparison to its peers and competitors. Consequently, their asset movement received a grade of 88. On the other hand, Liabilities, jumped out as looking problematic. Quest Capital Markets's liabilities stood at 110.8M in the current filing, which represents a 0.0% change from the previous report. These liabilities metrics show that management has been unsuccessful in encouraging healthy growth while managing liabilities. Its liabilities movement component, therefore, received a grade of 71. The company's balance sheet received an overall score of 96.

Parameter Value Change Score
Assets 4.9B 0.0% 88
Liabilities 110.8M 0.0% 71
Price to Book 0.3 60.5% 94
Cash & Equivalents 308.4M 0.0% 80
Equity 4.8B 0.0% 76
* All values are TTM

The below chart describes Quest Capital Markets's performance as reflected on its balance sheet with respect to its peers. While Quest Capital Markets received a balance sheet score of 96, the average of its peers stands on 72.

  •  500069
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
BF Investment Limited 10.9B 44.0 71.0 71.0 65.0 67.0 64 6 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 7 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 8 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 9 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 10 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 11 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 12 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 14 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 15 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 16 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 17 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 18 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 19 1
Aditya Birla Money Limited 3.5B 88.0 49.0 46.0 90.0 89.0 88 20 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 21 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 22 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 23 1
Industrial & Prudential Investment Company Limited 3.2B 77.0 58.0 66.0 81.0 87.0 89 24 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 25 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 26 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 27 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 28 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 29 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 30 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 31 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 32 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 33 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 34 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 35 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 36 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 37 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 38 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 39 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 40 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 41 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 42 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 43 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 44 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 45 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 46 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 47 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 48 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 49 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 50 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 51 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 52 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 53 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 54 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 55 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 56 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 57 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 58 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 59 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 60 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 61 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 62 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 63 1
Esaar (India) Limited 148.2M 70.0 56.0 95.0 90.0 56.0 69 64 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 65 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 66 1
Alka Securities Limited 85.4M 86.0 93.0 66.0 68.0 90.0 91 67 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 68 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 69 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 70 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 71 1
Mathew Easow Research Securities Limited 38.5M 73.0 54.0 52.0 74.0 44.0 59 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Quest Capital Markets's income statement factors had several troubling metrics this period. In this filing, Quest Capital Markets reported a return on equity (ROE) ratio of 4.5, which represents a growth of 3.7%. This metric might have a 15.1 percent impact on companies in the same industry and with the same market capitalization. These numbers show that management has been unsuccessful in fostering appropriate growth related to return on assets and return on equity momentum relative to their peers. Consequently, their return factors received a grade of 47. However, one encouraging metric, Revenue Efficiency, stood out. Quest Capital Markets's financials reveal an interesting trend for their revenue efficiency. This characteristic can affect companies in the same industry and market capitalization by up to 3.3%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. Consequently, their revenue efficiency received a grade of 54. Because of these weaknesses, their income statement received an overall score of 48.

Parameter Value Change Score
Total Revenues 458.7M 8.8% 54
Return on Equity 4.5 3.7% 47
* All values are TTM

The below chart describes Quest Capital Markets's performance as reflected on its income statement with respect to its peers. While Quest Capital Markets received a income statement score of 48 , the average of its peers stands on 65.

  •  500069
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
BF Investment Limited 10.9B 54.0 65.0 65.0 64 6 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 7 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 8 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 9 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 10 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 11 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 12 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 14 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 15 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 16 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 17 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 18 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 19 1
Aditya Birla Money Limited 3.5B 82.0 79.0 77.0 81 20 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 21 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 22 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 23 1
Industrial & Prudential Investment Company Limited 3.2B 47.0 77.0 61.0 68 24 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 25 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 26 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 27 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 28 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 29 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 30 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 31 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 32 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 33 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 34 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 35 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 36 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 37 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 38 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 39 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 40 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 41 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 42 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 43 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 44 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 45 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 46 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 47 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 48 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 49 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 50 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 51 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 52 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 53 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 54 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 55 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 56 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 57 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 58 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 59 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 60 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 61 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 62 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 63 1
Esaar (India) Limited 148.2M 57.0 63.0 73.0 62 64 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 65 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 66 1
Alka Securities Limited 85.4M 94.0 82.0 92.0 86 67 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 68 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 69 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 70 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 71 1
Mathew Easow Research Securities Limited 38.5M 47.0 61.0 82.0 55 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

All in all, the most important metrics within Quest Capital Markets's cash flow looked encouraging. Quest Capital Markets's published asset turnover numbers were encouraging and reflected management's balanced change strategy. Quest Capital Markets recorded asset turnover of 0.1, which represents a nan% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 4.9%. Their asset turnover numbers are significantly more impressive when contrasted against their peers and competitors. Correspondingly, their asset turnover movement received a grade of 78. Also, Free cash flow numbers published by Quest Capital Markets were -3.9, which was a nan% change from the previous filing. This parameter could affect companies in the same industry and market capitalization by up to 5.9%. Their free cash flow situation is all the more impressive relative to their peers and competitors. Consequently, their free cash flow movement received a grade of 72. On the other hand, Capital Expenditure, jumped out as looking problematic. Quest Capital Markets's management was ineffective in materially improving CapEx, which now sits at -1.7M and represents a nan% change from the previous report. They appears to be headed in the wrong direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their CapEx movement received a grade of 63. Therefore, it received a score of 74.

Parameter Value Change Score
* All values are TTM

The below chart describes Quest Capital Markets's performance as reflected on its cash flow with respect to its peers. While Quest Capital Markets received a cash flow score of 74, the average of its peers stands on 66.

  •  500069
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
BF Investment Limited 10.9B 70.0 63.0 68.0 65.0 66 6 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 7 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 8 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 9 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 10 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 11 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 12 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 14 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 15 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 16 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 17 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 18 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 19 1
Aditya Birla Money Limited 3.5B 53.0 85.0 81.0 69.0 75 20 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 21 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 22 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 23 1
Industrial & Prudential Investment Company Limited 3.2B 59.0 77.0 67.0 88.0 87 24 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 25 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 26 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 27 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 28 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 29 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 30 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 31 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 32 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 33 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 34 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 35 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 36 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 37 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 38 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 39 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 40 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 41 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 42 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 43 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 44 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 45 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 46 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 47 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 48 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 49 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 50 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 51 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 52 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 53 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 54 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 55 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 56 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 57 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 58 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 59 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 60 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 61 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 62 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 63 1
Esaar (India) Limited 148.2M 69.0 71.0 66.0 68.0 69 64 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 65 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 66 1
Alka Securities Limited 85.4M 83.0 54.0 86.0 42.0 61 67 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 68 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 69 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 70 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 71 1
Mathew Easow Research Securities Limited 38.5M 69.0 69.0 64.0 63.0 60 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

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