Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17.47 | 11.58 | 32.56 | 6.08 | 8.20 | 30.57 | 4.10 | 19.49 | 18.99 | 13.65 | 20.81 | 2.99 |
| Expenses | 4.07 | 17.42 | 19.45 | 13.37 | 18.59 | 31.09 | 8.83 | 10.06 | 9.84 | 16.68 | 10.37 | 0.12 |
| Operating Profit | 13.40 | -5.84 | 13.11 | -7.29 | -10.39 | -0.52 | -4.73 | 9.43 | 9.15 | -3.03 | 10.44 | 2.87 |
| OPM % | 76.70% | -50.43% | 40.26% | -119.90% | -126.71% | -1.70% | -115.37% | 48.38% | 48.18% | -22.20% | 50.17% | 95.99% |
| Other Income | 4.04 | 0.06 | 2.70 | 0.05 | 0.24 | 0.07 | 0.13 | 0.14 | 0.29 | 1.89 | 0.21 | 0.00 |
| Interest | 0.02 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 | 0.08 | 0.04 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 17.42 | -5.78 | 15.78 | -7.25 | -10.15 | -0.45 | -4.62 | 9.56 | 9.44 | -1.22 | 10.61 | 2.87 |
| Tax % | 0.00% | 0.00% | 197.15% | 0.00% | 1.97% | -44.44% | -251.08% | 0.00% | 1.06% | 0.00% | 53.44% | 0.00% |
| Net Profit | 17.72 | -5.24 | -14.40 | -6.57 | -9.53 | 0.67 | 8.51 | 10.63 | 10.99 | -1.14 | 6.81 | 4.97 |
| EPS in Rs | 1.84 | -0.55 | -1.50 | -0.73 | -1.06 | 0.07 | 0.95 | 1.19 | 1.23 | -0.13 | 0.76 | 0.55 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 9 | 14 | 101 | 20 | 73 | 43 | 59 | 56 |
| Expenses | 7 | 5 | 9 | 120 | 40 | 61 | 47 | 37 |
| Operating Profit | 2 | 10 | 91 | -100 | 33 | -18 | 13 | 19 |
| OPM % | 23% | 68% | 91% | -497% | 45% | -40% | 21% | 34% |
| Other Income | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 2 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 10 | 92 | -100 | 34 | -18 | 12 | 22 |
| Tax % | 24% | -17% | 24% | -45% | 93% | -66% | 47% | |
| Net Profit | 1 | 12 | 69 | -54 | 4 | 0 | 11 | 22 |
| EPS in Rs | 0.27 | 1.16 | 6.88 | -5.58 | 0.46 | 0.03 | 1.26 | 2.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 33% | 43% | -9% | ||
| Compounded Profit Growth | % | -1% | 30% | 110% | ||
| Stock Price CAGR | 6% | 6% | -19% | -18% | ||
| Return on Equity | % | 4% | 3% | 7% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 26 | 26 | 48 | 48 | 90 | 90 |
| Reserves | 70 | 67 | 136 | 104 | 108 | 92 | 48 |
| Borrowings | 11 | 11 | 7 | 7 | 6 | 1 | 1 |
| Other Liabilities | 0 | 0 | 20 | 0 | 6 | 0 | 0 |
| Total Liabilities | 92 | 104 | 189 | 159 | 167 | 183 | 138 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 9 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 21 | 45 | 139 | 89 | 112 | 128 | 91 |
| Other Assets | 71 | 59 | 50 | 70 | 56 | 46 | 38 |
| Total Assets | 92 | 104 | 189 | 159 | 167 | 183 | 138 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6 | 9 | 20 | -1 | -6 | -0 | 24 |
| Cash from Investing Activity | -4 | -15 | -6 | -49 | 8 | -39 | -26 |
| Cash from Financing Activity | 0 | 0 | -4 | 44 | -1 | 36 | -0 |
| Net Cash Flow | 3 | -6 | 10 | -6 | 2 | -2 | -2 |
| Free Cash Flow | 6 | 9 | 20 | -1 | -6 | -0 | 24 |
| CFO/OP | 286% | 92% | 22% | 1% | -15% | 0% | 194% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 22 | 0 | 0 | 0 | 0 | 0 | |
| Days Payable | 20 | ||||||
| Cash Conversion Cycle | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -206 | 145 | 38 | 309 | 86 | 205 | 76 |
| ROCE % | 10% | 67% | -61% | 21% | -10% | 8% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 17.59% | 17.59% | 17.59% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% |
| DIIs | 0.05% | 0.05% | 0.05% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 82.37% | 82.36% | 82.36% | 73.39% | 73.39% | 73.39% | 73.39% | 73.38% | 73.38% | 73.38% | 73.38% | 73.39% |
| No. of Shareholders | 43,140 | 40,271 | 38,801 | 40,844 | 39,725 | 39,870 | 39,356 | 38,653 | 37,898 | 37,255 | 36,692 | 36,206 |
Fundamentals
Market Cap₹ 61.4 Cr.
Current Price₹ 6.85
Stock P/E2.84
Book Value₹ 15.3
ROCE7.86 %
ROE7.10 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-9%
Compounded Profit Growth (TTM)110%
Consolidated figures.
Valuation
Market capRs 33 Cr
Enterprise valueRs 34 Cr
P/E (TTM)1.52x
Price to book0.22x
Price to sales0.58x
EV / EBITDA1.55x
EV / EBIT1.55x
EV / sales0.60x
Earnings yield65.82%
P/E, 3-year average1.05x
P/B, 3-year average0.29x
Profitability
Operating margin (excl. other income)-496.98%
Operating margin (incl. other income)-493.51%
EBITDA margin38.63%
Pre-tax margin38.45%
Net profit margin38.32%
Net margin, latest quarter166.22%
ROE-34.07%
ROCE-60.74%
ROA-30.80%
ROE, 3-year average11.19%
ROCE, 3-year average5.48%
ROA, 3-year average9.44%
ROIC (approx.)7.81%
Tax rate45.07%
Other income / net worth0.46%
Growth
Sales growth (latest year)-79.94%
Profit growth (latest year)-177.45%
Sales CAGR, 3 years31.42%
Sales growth QoQ-85.63%
Profit growth QoQ-27.02%
Sales growth YoY (latest quarter)-84.66%
Profit growth YoY (latest quarter)-53.25%
Per share
EPS (TTM)Rs 4.50
EPS (latest year)Rs -11.15
EPS (latest quarter)Rs 1.03
EPS, 3-year averageRs 6.79
Book value per shareRs 31.74
Sales per shareRs 11.75
Cash flow per shareRs -0.17
Free cash flow per shareRs 5.00
Efficiency
Asset turnover0.13x
Fixed asset turnover1009.00x
Creditor days20 days
Cash conversion cycle0 days
Working capital days76 days
Leverage
Total debtRs 7 Cr
Cash and bankRs 6 Cr
Net debtRs 1 Cr
Debt to equity0.04x
Net debt / EBITDA0.04x
Interest coverage218.00x
Owners' fund to total sources95.70%
Debt to assets4.09%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -49 Cr
Cash from Financing Activity (latest year)Rs 44 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs 24 Cr
FCFE (approx.: FCF + change in debt)Rs 24 Cr
Cash from ops / profit, 5 years1.23x
Statement figures
Net sales (TTM)Rs 56 Cr
Net sales (latest year)Rs 20 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs -100 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 22 Cr
PBDT (TTM)Rs 22 Cr
Profit before tax (TTM)Rs 22 Cr
Tax (latest year)Rs -45 Cr
Net profit (TTM)Rs 22 Cr
Net profit (latest year)Rs -54 Cr
Net profit (latest quarter)Rs 5 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 19 Cr
Total expenditure (latest year)Rs 120 Cr
Total income (latest year)Rs 21 Cr
Share capitalRs 48 Cr
ReservesRs 104 Cr
Shareholders' fundsRs 152 Cr
Total assetsRs 159 Cr
Net blockRs 0 Cr
InvestmentsRs 89 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)4.80
Ownership
Promoter holding26.58% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 1.5 is at the 26th percentile of its own 2.9-year range
(median 4.1, low 0.8, high 65.7).
P/B 0.22 is at the 10th percentile (median 0.44).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 509053 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.6% | -2.8% | +1.2 pts |
| 1 month | -8.3% | -6.8% | -1.5 pts |
| 3 months | -3.3% | -7.6% | +4.4 pts |
| 3 years | -46.4% | +14.2% | -60.6 pts |
| 5 years | +25.7% | +27.9% | -2.2 pts |
Red flags
F-score 2 of 8| explain | Share dilution Share count up -4% in a year, 115% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹3 Cr -84.7% vs Jun 2025.
Net profit ₹5 Cr -53.2%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Banas Finance Ltd?
Banas Finance Ltd (509053) has a market capitalisation of Rs 61.4 Cr. at the 2026-10-01 close.
What is the P/E ratio of Banas Finance Ltd?
Banas Finance Ltd trades at a P/E of 2.84 on trailing twelve-month profit, at the 2026-10-01 close.
What were Banas Finance Ltd's latest quarterly results?
In the Jun 2026 quarter, Banas Finance Ltd sales was Rs 3 Cr (-84.7% vs Jun 2025) and net profit was Rs 5 Cr.