MarketFriction

First Fintec Ltd

BSE 532379 · Software Products
₹13.49 +1.97%
BSE close2026-10-01
Market cap₹13.1 Cr.

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.430.480.490.400.490.510.430.650.680.770.430.56
Expenses0.350.360.380.470.450.420.680.610.620.630.680.54
Operating Profit0.080.120.11-0.070.040.09-0.250.040.060.14-0.250.02
OPM %18.60%25.00%22.45%-17.50%8.16%17.65%-58.14%6.15%8.82%18.18%-58.14%3.57%
Other Income0.300.26-0.00-0.000.030.200.160.050.040.060.050.06
Interest-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00
Depreciation0.300.310.220.030.030.030.090.020.020.020.110.02
Profit before tax0.080.07-0.11-0.100.040.26-0.180.070.080.18-0.310.06
Tax %-25.00%-28.57%-0.00%-0.00%-0.00%-0.00%61.11%28.57%25.00%11.11%3.23%16.67%
Net Profit0.100.10-0.11-0.100.040.26-0.290.050.060.16-0.330.06
EPS in Rs0.100.10-0.11-0.100.040.25-0.280.050.060.15-0.320.06
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales14.2414.8710.016.671.330.130.635.831.781.832.532.44
Expenses13.7714.088.895.591.911.271.105.521.472.022.562.47
Operating Profit0.470.791.121.08-0.58-1.14-0.470.310.31-0.19-0.03-0.03
OPM %3.30%5.31%11.19%16.19%-43.61%-876.92%-74.60%5.32%17.42%-10.38%-1.19%-1.23%
Other Income0.480.390.360.330.33-1.510.15-0.000.560.390.210.21
Interest0.130.060.050.050.050.020.01-0.00-0.00-0.00-0.000.00
Depreciation0.400.871.233.094.484.593.342.171.140.170.170.17
Profit before tax0.420.250.20-1.73-4.78-7.26-3.67-1.86-0.270.030.010.01
Tax %88.10%56.00%40.00%0.58%2.09%-3.03%-7.90%-11.29%-25.93%366.67%700.00%
Net Profit0.060.120.12-1.74-4.89-7.04-3.38-1.65-0.19-0.09-0.05-0.05
EPS in Rs0.060.120.12-1.67-4.70-6.77-3.25-1.59-0.18-0.09-0.05-0.05
Dividend Payout %-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-16%81%-24%17%
Compounded Profit Growth%15%25%-183%
Stock Price CAGR2%22%31%79%
Return on Equity-9%-9%-1%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital10.4010.4010.4010.4010.4010.4010.4010.4010.4010.4010.4010.40
Reserves23.8620.4020.2220.3418.2213.065.472.090.440.250.170.12
Borrowings1.370.870.500.500.490.620.380.530.680.210.250.25
Other Liabilities2.842.532.782.412.342.392.151.761.511.421.571.63
Total Liabilities38.4734.2033.9033.6531.4526.4718.4014.7813.0312.2812.3912.40
Fixed Assets14.3611.5511.4915.1019.1319.8117.4014.0612.0011.0410.9710.97
CWIP-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00
Investments1.871.791.791.781.781.780.13-0.00-0.00-0.00-0.00-0.00
Other Assets22.2420.8620.6216.7710.544.880.870.721.031.241.421.43
Total Assets38.4734.2033.9033.6531.4526.4718.4014.7813.0312.2812.3912.40
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.341.461.454.827.505.340.52-0.20-0.180.79-0.090.16
Cash from Investing Activity0.81-1.03-1.11-4.82-7.50-5.44-0.250.14-0.11-0.340.06-0.16
Cash from Financing Activity-0.37-0.51-0.36-0.00-0.010.12-0.230.140.15-0.470.05-0.01
Net Cash Flow0.10-0.08-0.02-0.00-0.000.020.040.09-0.14-0.010.02-0.02
Free Cash Flow-1.390.350.34-0.017.505.340.52-0.20-0.290.45-0.03-0.00
CFO/OP-14%311%184%430%694%-921%-46%43%-58%255%47%-533%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days220.55429.85408.45463.45352.41290.90196.5417.3835.69137.39153.58113.97
Inventory Days
Days Payable
Cash Conversion Cycle220.55429.85408.45463.45352.41290.90196.5417.3835.69137.39153.58113.97
Working Capital Days270.50508.03476.68583.05539.571,097.74589.62-40.5616.90198.90211.42157.25
ROCE %-0.46%1.81%0.99%0.83%-5.57%-17.79%-27.72%-25.08%-15.16%-2.41%0.28%0.09%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters47.40%47.40%47.40%47.40%47.40%47.40%47.40%47.40%47.40%47.40%47.40%47.40%
Public52.59%52.60%52.60%52.59%52.59%52.59%52.60%52.58%52.59%52.60%52.60%52.60%
No. of Shareholders11,75111,72511,68011,49711,46411,52511,55311,50211,47411,43111,39011,331

Fundamentals

Market Cap₹ 13.1 Cr.
Current Price₹ 12.6
Book Value₹ 10.1
ROCE0.09 %
ROE-0.47 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)-183%
Standalone figures.
Valuation
Market capRs 14 Cr
Enterprise valueRs 14 Cr
Price to book1.33x
Price to sales5.75x
EV / EBITDA79.30x
EV / EBIT1427.33x
EV / sales5.85x
Price to cash flow87.71x
Earnings yield-0.36%
P/B, 3-year average0.65x
P/B, 5-year average0.57x
Profitability
Operating margin (excl. other income)-1.19%
Operating margin (incl. other income)7.11%
EBITDA margin7.38%
Pre-tax margin0.41%
Net profit margin-2.05%
Net margin, latest quarter10.71%
ROE-0.47%
ROCE0.09%
ROA-0.40%
ROE, 3-year average-1.03%
ROCE, 3-year average-0.68%
ROA, 3-year average-0.88%
ROE, 5-year average-8.21%
ROCE, 5-year average-8.44%
ROA, 5-year average-6.97%
ROIC (approx.)-0.56%
Tax rate700.00%
Other income / net worth2.00%
Growth
Sales growth (latest year)38.25%
Sales CAGR, 3 years-24.29%
Sales CAGR, 5 years81.07%
Sales growth QoQ30.23%
Sales growth YoY (latest quarter)-13.85%
Profit growth YoY (latest quarter)20.00%
Per share
EPS (TTM)Rs -0.05
EPS (latest year)Rs -0.05
EPS (latest quarter)Rs 0.06
EPS, 3-year averageRs -0.11
EPS, 5-year averageRs -1.03
Book value per shareRs 10.11
Sales per shareRs 2.35
Cash flow per shareRs 0.15
Free cash flow per shareRs -0.00
Efficiency
Asset turnover0.20x
Fixed asset turnover0.23x
Debtor days114 days
Debtors turnover3.20x
Cash conversion cycle114 days
Working capital days157 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 0 Cr
Net debtRs 0 Cr
Debt to equity0.02x
Net debt / EBITDA1.33x
Owners' fund to total sources84.84%
Debt to assets2.02%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Sales to cash flow15.81x
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 3 Cr
Share capitalRs 10 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 11 Cr
Total assetsRs 12 Cr
Net blockRs 11 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)1.04
Ownership
Promoter holding47.40% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.33 is at the 99th percentile (median 0.45).
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.
Period532379Nifty 50Difference
1 week+11.9%-2.8% +14.6 pts
1 month+108.8%-6.8% +115.6 pts
3 months+53.6%-7.6% +61.3 pts
3 years+150.7%+14.2% +136.6 pts
5 years+206.6%+27.9% +178.7 pts

Red flags

F-score 7 of 8
lookProfit leans on other income Other income was 2100% of pre-tax profit in 2026
lookRepeated losses Net loss in each of the last two years
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 2026
Sales ₹1 Cr -13.8% vs Jun 2025. Net profit ₹0 Cr +20.0%.

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 First Fintec Ltd?

First Fintec Ltd (532379) has a market capitalisation of Rs 13.1 Cr. at the 2026-10-01 close.

What were First Fintec Ltd's latest quarterly results?

In the Jun 2026 quarter, First Fintec Ltd sales was Rs 1 Cr (-13.8% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03