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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.86 | 16.19 | 16.70 | 16.55 | 18.03 | 18.53 | 18.05 | 18.58 | 20.17 | 21.59 | 24.41 | 28.55 |
| Interest | 5.81 | 6.07 | 5.73 | 5.62 | 6.50 | 6.49 | 6.67 | 6.48 | 7.08 | 8.68 | 10.96 | 13.07 |
| Expenses | 5.71 | 5.79 | 6.46 | 5.13 | 4.88 | 5.30 | 4.77 | 4.54 | 4.94 | 5.09 | 5.83 | 6.04 |
| Financing Profit | 4.34 | 4.33 | 4.51 | 5.80 | 6.65 | 6.74 | 6.61 | 7.56 | 8.15 | 7.82 | 7.62 | 9.44 |
| Financing Margin % | 27.36% | 26.74% | 27.01% | 35.05% | 36.88% | 36.37% | 36.62% | 40.69% | 40.41% | 36.22% | 31.22% | 33.06% |
| Other Income | 0.21 | 0.19 | 0.04 | 0.55 | 0.05 | 0.07 | 0.10 | 0.12 | 0.28 | -0.11 | 1.04 | 0.74 |
| Depreciation | 0.51 | 0.53 | 0.56 | 0.52 | 0.66 | 0.69 | 0.71 | 0.65 | 0.74 | 0.77 | 0.93 | 0.77 |
| Profit before tax | 4.04 | 3.99 | 3.99 | 5.83 | 6.04 | 6.12 | 6.00 | 7.03 | 7.69 | 6.94 | 7.73 | 9.41 |
| Tax % | 27.48% | 23.81% | 17.04% | 24.70% | 25.33% | 24.67% | 23.67% | 23.61% | 27.83% | 27.23% | 26.13% | 26.89% |
| Net Profit | 2.93 | 3.03 | 3.31 | 4.39 | 4.51 | 4.61 | 4.57 | 5.35 | 5.54 | 5.05 | 5.72 | 6.89 |
| EPS in Rs | 0.72 | 0.72 | 1.33 | 1.10 | 1.13 | 0.69 | 1.12 | 1.30 | 1.35 | 1.21 | 1.39 | 1.68 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 9 | 7 | 10 | 18 | 18 | 24 | 45 | 64 | 72 | 85 | 95 |
| Interest | 1 | 0 | 0 | 1 | 5 | 5 | 6 | 17 | 23 | 26 | 33 | 40 |
| Expenses | 6 | 7 | 5 | 7 | 9 | 6 | 12 | 21 | 23 | 19 | 20 | 22 |
| Financing Profit | 1 | 2 | 2 | 3 | 4 | 7 | 6 | 8 | 18 | 26 | 31 | 33 |
| Financing Margin % | 13% | 27% | 24% | 27% | 24% | 37% | 27% | 17% | 28% | 37% | 37% | 35% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 1 | 2 | 2 | 3 | 4 | 6 | 5 | 6 | 16 | 24 | 29 | 32 |
| Tax % | 31% | 29% | 26% | 23% | 31% | 23% | 25% | 28% | 24% | 24% | 26% | |
| Net Profit | 1 | 2 | 2 | 2 | 3 | 5 | 4 | 5 | 12 | 18 | 22 | 23 |
| EPS in Rs | 0.24 | 0.69 | 0.76 | 0.73 | 0.71 | 1.44 | 2.06 | 1.23 | 3.06 | 4.03 | 5.27 | 5.63 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 27% | 37% | 23% | 29% | ||
| Compounded Profit Growth | 38% | 34% | 71% | 41% | ||
| Stock Price CAGR | 36% | 77% | 97% | 33% | ||
| Return on Equity | 9% | 11% | 13% | 13% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 29 | 29 |
| Reserves | 17 | 19 | 20 | 22 | 24 | 28 | 33 | 36 | 43 | 85 | 100 |
| Borrowing | 0 | 0 | 0 | 39 | 37 | 51 | 85 | 170 | 190 | 198 | 401 |
| Other Liabilities | 2 | 0 | 1 | 7 | 13 | 20 | 37 | 48 | 45 | 51 | 60 |
| Total Liabilities | 44 | 44 | 47 | 93 | 98 | 123 | 180 | 279 | 304 | 363 | 590 |
| Fixed Assets | 0 | 0 | 0 | 0 | 2 | 3 | 10 | 9 | 9 | 13 | 16 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 1 | 2 | 4 | 4 | 11 | 3 | 1 | 0 | 0 | 0 |
| Other Assets | 42 | 42 | 44 | 89 | 93 | 109 | 168 | 269 | 295 | 350 | 575 |
| Total Assets | 44 | 44 | 47 | 93 | 98 | 123 | 180 | 279 | 304 | 363 | 590 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1 | 10 | -0 | -41 | -3 | -5 | -42 | -90 | -15 | -29 | -121 |
| Cash from Investing Activity | -1 | -0 | -0 | -3 | -1 | -8 | -1 | 0 | 0 | 3 | -4 |
| Cash from Financing Activity | 1 | -0 | 1 | 43 | -2 | 14 | 40 | 92 | 13 | 36 | 170 |
| Net Cash Flow | -1 | 10 | 0 | -1 | -6 | 1 | -2 | 2 | -2 | 10 | 45 |
| Free Cash Flow | -1 | 10 | -1 | -42 | -4 | -7 | -51 | -91 | -16 | -32 | -127 |
| CFO/OP | -45% | 418% | 13% | -1,153% | -12% | -28% | -332% | -358% | -28% | -46% | -188% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1% | 4% | 4% | 4% | 4% | 7% | 9% | 5% | 12% | 13% | 13% |
| 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 | 60.35% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 55.94% | 55.94% | 55.94% | 55.94% | 55.98% | 55.98% |
| Public | 39.65% | 39.54% | 39.53% | 39.52% | 39.53% | 39.53% | 44.04% | 44.05% | 44.05% | 44.04% | 44.02% | 44.01% |
| No. of Shareholders | 814 | 812 | 774 | 827 | 857 | 893 | 887 | 864 | 842 | 835 | 827 | 824 |
Fundamentals
Market Cap₹ 677 Cr.
Current Price₹ 232
Stock P/E41.3
Book Value₹ 44.3
ROCE13.3 %
ROE12.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)29%
Compounded Profit Growth (TTM)41%
Consolidated figures.
Valuation
Market capRs 730 Cr
Enterprise valueRs 1,071 Cr
P/E (TTM)44.47x
Price to book5.65x
Price to sales7.70x
EV / EBITDA14.33x
EV / EBIT14.97x
EV / sales11.31x
Earnings yield2.25%
P/E, 3-year average32.74x
P/B, 3-year average3.63x
P/E, 5-year average25.39x
P/B, 5-year average2.56x
Profitability
Operating margin (excl. other income)76.00%
Operating margin (incl. other income)77.27%
EBITDA margin78.94%
Pre-tax margin33.54%
Net profit margin17.32%
Net margin, latest quarter17.13%
ROE12.65%
ROCE14.87%
ROA3.23%
ROE, 3-year average12.46%
ROCE, 3-year average16.15%
ROA, 3-year average3.13%
ROE, 5-year average10.38%
ROCE, 5-year average14.01%
ROA, 5-year average2.82%
ROIC (approx.)11.21%
Tax rate26.27%
Other income / net worth0.84%
Growth
Sales growth (latest year)18.55%
Profit growth (latest year)30.78%
Sales CAGR, 3 years23.20%
Sales CAGR, 5 years36.71%
Profit CAGR, 3 years71.30%
Profit CAGR, 5 years33.70%
Sales growth QoQ16.96%
Profit growth QoQ20.44%
Sales growth YoY (latest quarter)53.66%
Profit growth YoY (latest quarter)28.68%
Per share
EPS (TTM)Rs 5.62
EPS (latest year)Rs 5.27
EPS (latest quarter)Rs 1.68
EPS, 3-year averageRs 4.12
EPS, 5-year averageRs 3.13
Book value per shareRs 44.27
Sales per shareRs 32.45
Cash flow per shareRs -41.51
Free cash flow per shareRs -43.51
Efficiency
Asset turnover0.14x
Fixed asset turnover5.46x
Leverage
Total debtRs 401 Cr
Cash and bankRs 60 Cr
Net debtRs 341 Cr
Debt to equity3.10x
Net debt / EBITDA4.57x
Interest coverage1.80x
Owners' fund to total sources21.89%
Debt to assets67.95%
Cash flow
Cash from Operating Activity (latest year)Rs -121 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs 170 Cr
Net Cash Flow (latest year)Rs 45 Cr
Free cash flow (latest year)Rs -127 Cr
FCFE (approx.: FCF + change in debt)Rs 76 Cr
Cash from ops / profit, 5 years-4.87x
Statement figures
Net sales (TTM)Rs 95 Cr
Net sales (latest year)Rs 85 Cr
Sales (latest quarter)Rs 29 Cr
Operating profit excl. other income (latest year)Rs 65 Cr
Operating profit (latest quarter)Rs 23 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 75 Cr
PBDT (TTM)Rs 35 Cr
Profit before tax (TTM)Rs 32 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 16 Cr
Net profit (latest year)Rs 15 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 40 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 20 Cr
Total income (latest year)Rs 86 Cr
Share capitalRs 29 Cr
ReservesRs 100 Cr
Shareholders' fundsRs 129 Cr
Total assetsRs 590 Cr
Net blockRs 16 Cr
Other liabilitiesRs 60 Cr
Shares outstanding (crore)2.92
Ownership
Promoter holding55.98% (+0.04 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 44.5 is at the 70th percentile of its own 9.2-year range
(median 33.2, low 9.4, high 102.5).
P/B 5.65 is at the 87th percentile (median 1.93).
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 | 535667 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.1% | -2.8% | +2.9 pts |
| 1 month | +3.3% | -6.8% | +10.1 pts |
| 3 months | +16.4% | -7.6% | +24.0 pts |
| 3 years | +721.3% | +14.2% | +707.1 pts |
| 5 years | +1772.7% | +27.9% | +1744.8 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -477% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 23% of total assets in 2026 |
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 2026Revenue ₹29 Cr +53.7% vs Jun 2025.
Net profit ₹7 Cr +28.8%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
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 India Finsec Ltd?
India Finsec Ltd (535667) has a market capitalisation of Rs 677 Cr. at the 2026-10-01 close.
What is the P/E ratio of India Finsec Ltd?
India Finsec Ltd trades at a P/E of 41.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were India Finsec Ltd's latest quarterly results?
In the Jun 2026 quarter, India Finsec Ltd revenue was Rs 29 Cr (+53.7% vs Jun 2025) and net profit was Rs 7 Cr.