Summit Securities Limited (formerly RPG Itochu Finance Limited), originally incorporated in India in 1997, is a publicly listed company on BSE Limited and National Stock Exchange of India Limited. It operates as a Non-Deposit taking Systemically Important Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The company's primary business revolves around making long-term investments in shares and securities, with a predominant focus on the equity markets and typically investing in companies within the real estate sector. Its income is primarily derived from dividends, interest, and gains from these investments.
Summit Securities Limited, previously known as KEC Infrastructures Limited, traces its origins back to 1945 as a group company of RPG Enterprises. A significant restructuring occurred effective December 26, 2005, when the company transferred its power transmission business to KEC International and subsequently adopted its current name on January 09, 2006.
Further corporate rearrangements took place through a scheme of arrangement effective March 31, 2009. Under this scheme, the company absorbed the entire assets and liabilities of CHI Investments Limited (CHI), Brabourne Enterprises Limited (Brabourne), Octav Investments Limited (Octav), and the erstwhile Summit Securities Limited. The assets acquired in this process were largely investments held by the transferor companies in various listed and unlisted entities.
Summit Securities Ltd has demonstrated notable financial dynamics. For the quarter ended March (Q4FY25), the company reported a significant 1867.0% quarter-on-quarter (QoQ) increase in its consolidated revenues, accompanied by a 163.7% year-on-year (YoY) growth. While expenses decreased by 83.8% QoQ and 21.6% YoY, the net profit saw a 396.3% QoQ decrease but an impressive 184.0% YoY increase. The earnings per share (EPS) for Q4FY25 stood at 13.2.
The trailing twelve months (TTM) profit after tax for Summit Securities Ltd was ₹69 Crore, with revenues of ₹119 Crore and a profit of ₹68.6 Crore. Despite repeated profits, the company is not currently paying out dividends. The company is almost debt-free, which strengthens its financial stability; however, it has a low return on equity of 0.90% over the last 3 years.
• Q4 FY25 Performance: Consolidated Revenues up 1867.0% QoQ (163.7% YoY), Net Profit up 184.0% YoY, EPS of 13.2.
• TTM Profit After Tax: ₹69 Crore.
• Revenue (TTM): ₹119 Crore.
• Profit (TTM): ₹68.6 Crore.
• Market Capitalization: ₹2,255.95 Crore (as of Jul 11, 2025).
• PE Ratio: 28.66 (as of Jul 11, 2025).
• PB Ratio: 4.37 (as of Jul 11, 2025).
• 52-Week High: ₹3,675.00.
• 52-Week Low: ₹1,380.00.
• Promoter Holding: 74.6% (SWALLOW ASSOCIATES LLP and CARNIWAL INVESTMENTS LIMITED).
• 1-Year Market Cap Increase: 9.73%.
The promoters of Summit Securities Ltd are SWALLOW ASSOCIATES LLP and CARNIWAL INVESTMENTS LIMITED, who collectively hold 74.6% of the total equity. There is no promoter pledging reported. Mr. Ramesh Chandak serves as the chairman of the company.
The company's subsidiaries include Instant Holdings Limited and Sudarshan Electronics & T.V. Limited.
A scheme of amalgamation for the merger of Idea Tracom Private Limited and Goodhope Sales Private Limited (both wholly-owned subsidiaries of Instant Holdings Limited) with Instant Holdings Limited was approved by the High Court of Judicature at Bombay on April 13, 2012, becoming effective on May 15, 2012.
Sudarshan Electronics & T.V. Limited ceased to be a subsidiary of the Company effective March 5, 2013. In the financial year 2013-14, the company acquired equity shares of Instant Holdings Limited through a Rights Issue subscription, allotting 1,12,750 equity shares of face value Rs 10/- each at a premium of Rs 770/- per share on September 16, 2013.
Summit Securities Ltd has scheduled its Twenty-Eighth Annual General Meeting for Thursday, August 07, 2025, at 11:30 am, to be conducted via video conferencing (VC)/other audio-visual means. The company remains committed to its core business of investment activities in the equity markets, ensuring adherence to regulatory compliance as an NBFC registered with the Reserve Bank of India. Its stable market position and focus on long-term investments underscore its continued presence in the financial services sector.
