Price
Financials
Standalone, Rs crore| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest & fee income | 11.60 | 12.29 | 13.67 | 16.33 | 16.33 | 18.91 | 21.91 | 24.03 | 27.71 | 21.81 | 25.15 | 25.82 |
| Interest paid | 4.38 | 5.45 | 6.53 | 7.67 | 8.18 | 10.20 | 11.12 | 12.14 | 13.03 | 12.88 | 13.84 | 13.62 |
| Operating costs & provisions | 6.16 | 4.62 | 4.78 | 5.41 | 6.85 | 6.69 | 7.39 | 8.64 | 10.75 | 6.94 | 8.59 | 11.02 |
| Core operating profit | 1.06 | 2.22 | 2.36 | 3.25 | 1.30 | 2.02 | 3.40 | 3.25 | 3.93 | 1.99 | 2.72 | 1.18 |
| Core operating margin % | 9.14% | 18.06% | 17.26% | 19.90% | 7.96% | 10.68% | 15.52% | 13.52% | 14.18% | 9.12% | 10.82% | 4.57% |
| Depreciation & amortisation | 0.10 | 0.14 | 0.15 | 0.18 | 0.19 | 0.17 | 0.18 | 0.19 | 0.28 | 0.22 | 0.41 | 0.42 |
| Non-operating income | 0.90 | 0.00 | 0.00 | 0.00 | 3.01 | 2.05 | 0.73 | -0.55 | 0.18 | 0.00 | 0.00 | 0.00 |
| Pre-tax profit | 1.86 | 2.08 | 2.21 | 3.07 | 4.12 | 3.90 | 3.95 | 2.51 | 3.83 | 1.77 | 2.31 | 0.76 |
| Effective tax rate % | -40.86% | 25.00% | 6.33% | 17.92% | 33.50% | 22.56% | 22.28% | 18.73% | 22.19% | 21.47% | 22.51% | 36.84% |
| Profit after tax | 2.62 | 1.55 | 2.07 | 2.52 | 2.74 | 3.02 | 3.06 | 2.04 | 2.98 | 1.38 | 1.79 | 0.49 |
| Earnings per share (Rs) | 0.19 | 0.11 | 0.15 | 0.18 | 0.20 | 0.22 | 0.22 | 0.15 | 0.21 | 0.10 | 0.13 | 0.03 |
| Gross bad loans % | 1.68% | 1.56% | 1.46% | 1.64% | 1.50% | 1.57% | 1.56% | 1.74% | 1.84% | 1.65% | 1.65% | 1.84% |
| Net bad loans % | 1.25% | 1.13% | 1.08% | 1.24% | 1.02% | 1.12% | 1.09% | 1.25% | 1.40% | 1.13% | 1.16% | 1.49% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest & fee income | 2 | 3 | 3 | 7 | 12 | 16 | 16 | 19 | 35 | 59 | 93 | 100 |
| Interest paid | 0 | 0 | 0 | 2 | 5 | 5 | 5 | 6 | 11 | 28 | 46 | 53 |
| Operating costs & provisions | 1 | 1 | 1 | 1 | 1 | 5 | 8 | 12 | 17 | 22 | 33 | 37 |
| Core operating profit | 1 | 2 | 2 | 4 | 6 | 6 | 2 | 1 | 6 | 9 | 13 | 10 |
| Core operating margin % | 49% | 63% | 63% | 57% | 51% | 39% | 15% | 5% | 18% | 16% | 14% | 10% |
| Depreciation & amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 2 | 0 |
| Pre-tax profit | 1 | 2 | 2 | 4 | 6 | 6 | 2 | 1 | 8 | 11 | 14 | 9 |
| Effective tax rate % | 32% | 31% | 33% | 28% | 31% | 18% | 28% | 53% | 13% | 23% | 22% | |
| Profit after tax | 1 | 1 | 1 | 3 | 4 | 5 | 2 | 1 | 7 | 9 | 11 | 7 |
| Earnings per share (Rs) | 0.08 | 0.14 | 0.17 | 0.34 | 0.48 | 0.45 | 0.14 | 0.05 | 0.51 | 0.63 | 0.79 | 0.47 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% | 3% | 15% | 53% | 6% | 0% | 7% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 47% | 42% | 70% | 24% | ||
| Profit CAGR | 32% | 17% | 161% | -39% | ||
| Share price CAGR | 0% | -28% | -56% | -79% | ||
| Average return on equity | 8% | 6% | 8% | 8% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | 4 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 4 | 4 | 4 | 9 | 7 | 8 | 8 | 10 |
| Current & other assets | 17 | 17 | 24 | 53 | 68 | 86 | 120 | 143 | 274 | 477 | 544 | 542 |
| Total assets | 18 | 18 | 25 | 54 | 73 | 91 | 125 | 153 | 286 | 490 | 555 | 555 |
| Share capital | 6 | 6 | 12 | 12 | 12 | 16 | 16 | 17 | 39 | 39 | 39 | 39 |
| Reserves & surplus | 9 | 11 | 6 | 11 | 18 | 37 | 38 | 48 | 68 | 94 | 104 | 107 |
| Total debt | 3 | 1 | 7 | 30 | 42 | 38 | 64 | 78 | 162 | 320 | 404 | 392 |
| Other liabilities & provisions | 0 | 0 | 0 | 2 | 0 | 1 | 7 | 11 | 17 | 37 | 7 | 17 |
| Equity + liabilities | 18 | 18 | 25 | 54 | 73 | 91 | 125 | 153 | 286 | 490 | 555 | 555 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -5 | -1 | -2 | -3 | -22 | -14 | -11 | -9 | -6 | -111 | -129 | -65 |
| Investing cash flow | 0 | 0 | -0 | 0 | 0 | -0 | -0 | -4 | -7 | -10 | -14 | 4 |
| Free cash flow (after capex) | -5 | -1 | -3 | -3 | -22 | -14 | -11 | -10 | -7 | -114 | -131 | -65 |
| Financing cash flow | 6 | 5 | -1 | 5 | 21 | 16 | 9 | 32 | 22 | 120 | 176 | 85 |
| Net change in cash | 1 | 3 | -4 | 2 | -1 | 2 | -2 | 19 | 9 | -1 | 33 | 23 |
| Cash conversion (OCF / EBITDA) % | -577% | -79% | -81% | -83% | -371% | -118% | -83% | -113% | -82% | -614% | -345% | -109% |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity % | 5% | 5% | 7% | 8% | 14% | 15% | 12% | 3% | 1% | 8% | 7% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 20.62% | 19.79% | 19.62% | 19.60% | 18.85% | 18.78% | 18.78% | 18.44% | 18.36% | 17.65% | 17.58% | 17.50% |
| Foreign investors % | 1.04% | 0.51% | 1.15% | 1.16% | 0.86% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Domestic institutions % | 0.22% | 0.00% | 0.00% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
| Retail & others % | 78.13% | 79.70% | 79.24% | 79.16% | 80.23% | 80.60% | 81.14% | 81.48% | 81.55% | 82.27% | 82.33% | 82.42% |
| Shareholder count | 5,494 | 6,093 | 8,514 | 8,003 | 9,212 | 9,621 | 9,435 | 9,193 | 10,157 | 10,637 | 10,839 | 10,837 |
Fundamentals
Market value₹ 33.7 Cr.
Last price₹ 4.27
P/E (trailing)5.08
Book value / share₹ 10.4
Return on capital12.1 %
Return on equity7.95 %
Dividend yield2.35 %
Face value₹ 5.00
Revenue CAGR (TTM)24%
Profit CAGR (TTM)-39%
Standalone figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 332 Cr
P/E (TTM)4.86x
Price to book0.22x
Price to sales0.32x
EV / EBITDA5.24x
EV / EBIT5.35x
EV / sales3.30x
Earnings yield20.56%
Dividend yield2.45%
P/E, 3-year average32.97x
P/B, 3-year average2.24x
P/E, 5-year average34.15x
P/B, 5-year average1.55x
Profitability
Operating margin (excl. other income)63.85%
Operating margin (incl. other income)66.45%
EBITDA margin63.06%
Pre-tax margin8.63%
Net profit margin6.61%
Net margin, latest quarter1.90%
ROE8.02%
ROCE12.12%
ROA2.12%
ROE, 3-year average7.87%
ROCE, 3-year average10.81%
ROA, 3-year average2.53%
ROE, 5-year average5.52%
ROCE, 5-year average9.02%
ROA, 5-year average1.90%
ROIC (approx.)10.94%
Tax rate21.79%
Other income / net worth1.68%
Growth
Sales growth (latest year)57.88%
Profit growth (latest year)25.00%
Sales CAGR, 3 years70.36%
Sales CAGR, 5 years42.23%
Profit CAGR, 3 years161.60%
Profit CAGR, 5 years17.11%
Sales growth QoQ2.66%
Profit growth QoQ-72.63%
Sales growth YoY (latest quarter)7.45%
Profit growth YoY (latest quarter)-75.98%
Per share
EPS (TTM)Rs 0.84
EPS (latest year)Rs 1.41
EPS (latest quarter)Rs 0.06
EPS, 3-year averageRs 1.15
EPS, 5-year averageRs 0.96
Book value per shareRs 18.22
Sales per shareRs 12.73
Cash flow per shareRs -8.26
Dividend per share (latest year)Rs 0.10
Dividend per share, 3-year averageRs 0.08
Dividend per share, 5-year averageRs 0.13
Dividends
Dividend payout7.12%
Dividend payout, 3-year average6.35%
Dividend payout, 5-year average20.33%
Efficiency
Asset turnover0.17x
Fixed asset turnover31.27x
Leverage
Total debtRs 404 Cr
Cash and bankRs 104 Cr
Net debtRs 300 Cr
Debt to equity2.81x
Net debt / EBITDA4.73x
Interest coverage1.16x
Owners' fund to total sources25.92%
Debt to assets72.76%
Cash flow
Operating cash flow (latest year)Rs -65 Cr
Investing cash flow (latest year)Rs 4 Cr
Financing cash flow (latest year)Rs 85 Cr
Net change in cash (latest year)Rs 23 Cr
Statement figures
Net sales (TTM)Rs 100 Cr
Net sales (latest year)Rs 93 Cr
Sales (latest quarter)Rs 26 Cr
Operating profit excl. other income (latest year)Rs 59 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 63 Cr
PBDT (TTM)Rs 10 Cr
Profit before tax (TTM)Rs 9 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 11 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 53 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 33 Cr
Total income (latest year)Rs 95 Cr
Share capitalRs 39 Cr
ReservesRs 104 Cr
Shareholders' fundsRs 144 Cr
Total assetsRs 555 Cr
Net blockRs 3 Cr
InvestmentsRs 8 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)7.90
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 4.9 is at the 2th percentile of its own 9.2-year range
(median 32.6, low 4.4, high 358.1).
P/B 0.22 is at the 1th percentile (median 3.26).
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 | 539017 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -9.1% | -2.8% | -6.3 pts |
| 1 month | -18.0% | -6.8% | -11.2 pts |
| 3 months | -37.0% | -7.6% | -29.4 pts |
| 3 years | -91.9% | +14.2% | -106.1 pts |
| 5 years | -82.4% | +27.9% | -110.3 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -1132% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 14% of total assets in 2025 |
| explain | Low interest cover Interest cover 1.3x in 2025 |
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
Dec 2025Revenue ₹26 Cr +7.4% vs Dec 2024.
Net profit ₹0 Cr -76.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Housing Finance Ltd | 67,709 | 25.0 | 8.85 % |
| Piramal Finance Ltd | 50,343 | 112 | 6.47 % |
| LIC Housing Finance Ltd | 30,171 | 5.26 | 8.59 % |
| PNB Housing Finance Ltd | 28,641 | 12.2 | 9.44 % |
| Aadhar Housing Finance Ltd | 18,960 | 16.4 | 11.4 % |
| Sammaan Capital Ltd | 15,853 | 4.92 % | |
| Aptus Value Housing Finance India Ltd | 11,686 | 11.9 | 15.4 % |
| Home First Finance Company India Ltd | 11,443 | 19.7 | 11.1 % |
| AAVAS Financiers Ltd | 9,899 | 14.4 | 9.92 % |
| Can Fin Homes Ltd | 9,743 | 8.62 | 9.14 % |
| India Shelter Finance Corporation Ltd | 6,986 | 13.2 | 12.9 % |
| Repco Home Finance Ltd | 2,161 | 4.49 | 10.1 % |
| GIC Housing Finance Ltd | 723 | 4.60 | 7.71 % |
| SRG Housing Finance Ltd | 221 | 6.46 | 11.8 % |
| Reliance Home Finance Ltd | 76 | -432 % |
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 Star Housing Finance Ltd?
Star Housing Finance Ltd (539017) has a market capitalisation of Rs 33.7 Cr. at the 2026-10-01 close.
What is the P/E ratio of Star Housing Finance Ltd?
Star Housing Finance Ltd trades at a P/E of 5.08 on trailing twelve-month profit, at the 2026-10-01 close.
What were Star Housing Finance Ltd's latest quarterly results?
In the Dec 2025 quarter, Star Housing Finance Ltd revenue was Rs 26 Cr (+7.4% vs Dec 2024) and net profit was Rs 0 Cr.