Keynote Financial Services Limited
Keynote Financial Services Limited provides investment banking, corporate and ESOP advisory, and brokerage services in India and internationally. The company offers capital market services, including IPO/rights issue services, such as valuation reports, conducting the due diligence, assessing the fund requirement, market making, underwriting the issue, and lead managing; and merchant banking and … Read more
Keynote Financial Services Limited (KEYFINSERV) - Net Assets
Latest net assets as of September 2025: ₹1.50 Billion INR
Based on the latest financial reports, Keynote Financial Services Limited (KEYFINSERV) has net assets worth ₹1.50 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.61 Billion) and total liabilities (₹114.13 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.50 Billion |
| % of Total Assets | 92.91% |
| Annual Growth Rate | 8.32% |
| 5-Year Change | 61.76% |
| 10-Year Change | 108.57% |
| Growth Volatility | 8.78 |
Keynote Financial Services Limited - Net Assets Trend (2006–2025)
This chart illustrates how Keynote Financial Services Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Keynote Financial Services Limited (2006–2025)
The table below shows the annual net assets of Keynote Financial Services Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.38 Billion | +11.35% |
| 2024-03-31 | ₹1.24 Billion | +26.67% |
| 2023-03-31 | ₹981.17 Million | -3.00% |
| 2022-03-31 | ₹1.01 Billion | +18.23% |
| 2021-03-31 | ₹855.50 Million | +16.76% |
| 2020-03-31 | ₹732.71 Million | -6.22% |
| 2019-03-31 | ₹781.32 Million | +1.30% |
| 2018-03-31 | ₹771.28 Million | +6.95% |
| 2017-03-31 | ₹721.15 Million | +8.69% |
| 2016-03-31 | ₹663.50 Million | +6.10% |
| 2015-03-31 | ₹625.35 Million | +1.65% |
| 2014-03-31 | ₹615.19 Million | +3.96% |
| 2013-03-31 | ₹591.77 Million | +6.71% |
| 2012-03-31 | ₹554.57 Million | +6.01% |
| 2011-03-31 | ₹523.11 Million | +7.72% |
| 2010-03-31 | ₹485.63 Million | +11.54% |
| 2009-03-31 | ₹435.38 Million | +14.29% |
| 2008-03-31 | ₹380.95 Million | +27.02% |
| 2007-03-31 | ₹299.91 Million | -1.05% |
| 2006-03-31 | ₹303.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Keynote Financial Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 106766699900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.07 Billion | 77.15% |
| Common Stock | ₹55.67 Million | 4.02% |
| Other Components | ₹260.54 Million | 18.83% |
| Total Equity | ₹1.38 Billion | 100.00% |
Keynote Financial Services Limited Competitors by Market Cap
The table below lists competitors of Keynote Financial Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citra Nusantara Gemilang Tbk.
JK:CGAS
|
$3.66 Million |
|
ROCHE HLDG - Dusseldorf Stock Exchang
DU:RHO
|
$3.66 Million |
|
PT Multi Indocitra Tbk
F:QF9
|
$3.66 Million |
|
MCGRAW HILL FIN - Dusseldorf Stock Exchang
DU:MHL
|
$3.66 Million |
|
RENDER CUBE BSAC ZY -10
F:W63
|
$3.66 Million |
|
Mangoceuticals, Inc. Common Stock
NASDAQ:MGRX
|
$3.66 Million |
|
Epsium Enterprise Limited Ordinary Shares
NASDAQ:EPSM
|
$3.65 Million |
|
Yong Concrete PCL
BK:YONG
|
$3.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keynote Financial Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,242,835,000 to 1,383,869,000, a change of 141,034,000 (11.3%).
- Net income of 145,699,000 contributed positively to equity growth.
- Dividend payments of 5,567,000 reduced retained earnings.
- New share issuances of 9,315,000 increased equity.
- Other comprehensive income decreased equity by 28,342,000.
- Other factors increased equity by 19,929,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹145.70 Million | +10.53% |
| Dividends Paid | ₹5.57 Million | -0.4% |
| Share Issuances | ₹9.31 Million | +0.67% |
| Other Comprehensive Income | ₹-28.34 Million | -2.05% |
| Other Changes | ₹19.93 Million | +1.44% |
| Total Change | ₹- | 11.35% |
Book Value vs Market Value Analysis
This analysis compares Keynote Financial Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.89x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹43.61 | ₹256.75 | x |
| 2007-03-31 | ₹42.73 | ₹256.75 | x |
| 2008-03-31 | ₹54.26 | ₹256.75 | x |
| 2009-03-31 | ₹62.03 | ₹256.75 | x |
| 2010-03-31 | ₹69.20 | ₹256.75 | x |
| 2011-03-31 | ₹93.97 | ₹256.75 | x |
| 2012-03-31 | ₹99.62 | ₹256.75 | x |
| 2013-03-31 | ₹106.31 | ₹256.75 | x |
| 2014-03-31 | ₹110.51 | ₹256.75 | x |
| 2015-03-31 | ₹112.34 | ₹256.75 | x |
| 2016-03-31 | ₹119.20 | ₹256.75 | x |
| 2017-03-31 | ₹129.55 | ₹256.75 | x |
| 2018-03-31 | ₹138.55 | ₹256.75 | x |
| 2019-03-31 | ₹140.36 | ₹256.75 | x |
| 2020-03-31 | ₹131.62 | ₹256.75 | x |
| 2021-03-31 | ₹153.68 | ₹256.75 | x |
| 2022-03-31 | ₹181.69 | ₹256.75 | x |
| 2023-03-31 | ₹176.25 | ₹256.75 | x |
| 2024-03-31 | ₹223.25 | ₹256.75 | x |
| 2025-03-31 | ₹248.72 | ₹256.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keynote Financial Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.14%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.10x
- Recent ROE (10.53%) is above the historical average (9.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.44% | 14.92% | 0.15x | 1.53x | ₹-19.86 Million |
| 2007 | 18.85% | 35.59% | 0.27x | 1.96x | ₹26.54 Million |
| 2008 | 23.26% | 55.41% | 0.14x | 2.92x | ₹50.51 Million |
| 2009 | 14.59% | 53.76% | 0.10x | 2.81x | ₹20.00 Million |
| 2010 | 12.73% | 40.25% | 0.19x | 1.70x | ₹13.28 Million |
| 2011 | 11.57% | 23.63% | 0.34x | 1.45x | ₹8.24 Million |
| 2012 | 7.51% | 19.05% | 0.23x | 1.73x | ₹-13.81 Million |
| 2013 | 8.26% | 16.93% | 0.21x | 2.35x | ₹-10.29 Million |
| 2014 | 4.91% | 18.05% | 0.14x | 1.98x | ₹-31.34 Million |
| 2015 | 2.71% | 13.55% | 0.13x | 1.57x | ₹-45.62 Million |
| 2016 | 6.79% | 25.39% | 0.18x | 1.52x | ₹-21.32 Million |
| 2017 | 7.99% | 25.50% | 0.15x | 2.09x | ₹-14.46 Million |
| 2018 | 7.41% | 32.22% | 0.17x | 1.36x | ₹-20.01 Million |
| 2019 | -1.36% | -7.73% | 0.13x | 1.39x | ₹-88.77 Million |
| 2020 | -5.76% | -47.57% | 0.07x | 1.63x | ₹-115.50 Million |
| 2021 | 13.18% | 98.64% | 0.09x | 1.41x | ₹27.19 Million |
| 2022 | 15.90% | 92.18% | 0.13x | 1.38x | ₹59.68 Million |
| 2023 | -1.66% | -11.15% | 0.13x | 1.12x | ₹-114.42 Million |
| 2024 | 21.55% | 79.08% | 0.24x | 1.13x | ₹143.57 Million |
| 2025 | 10.53% | 64.14% | 0.15x | 1.10x | ₹7.31 Million |
Industry Comparison
This section compares Keynote Financial Services Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $3,534,091,837
- Average return on equity (ROE) among peers: 13.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keynote Financial Services Limited (KEYFINSERV) | ₹1.50 Billion | 3.44% | 0.08x | $3.66 Million |
| 21st Century Management Services Limited (21STCENMGM) | $537.17 Million | 10.49% | 0.38x | $1.14 Million |
| 5paisa Capital Ltd (5PAISA) | $6.04 Billion | 11.30% | 1.76x | $34.50 Million |
| Abans Financial Services Limited (AFSL) | $9.04 Billion | 7.77% | 1.06x | $23.12K |
| Abans Holdings Limited (AHL) | $9.04 Billion | 7.77% | 1.06x | $15.18 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $864.90 Million | 6.93% | 0.55x | $915.15 Million |
| Almondz Global Securities Limited (ALMONDZ) | $1.32 Billion | 4.80% | 0.42x | $9.55 Million |
| Angel One Limited (ANGELONE) | $5.31 Billion | 15.02% | 3.16x | $1.09 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $2.29 Billion | 22.00% | 1.53x | $23.13 Million |
| Ausom Enterprise Limited (AUSOMENT) | $397.58 Million | 38.41% | 0.70x | $3.27 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $494.89 Million | 13.98% | 0.37x | $9.64 Million |