Price
Financials
Standalone, 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 | 1.50 | 1.08 | 0.40 | 0.12 | 0.10 | 0.09 | 0.09 | 0.10 | 0.10 | 0.09 | 0.05 | 0.00 |
| Interest | 1.38 | 1.16 | 0.17 | 0.07 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.00 | 0.00 |
| Expenses | 0.05 | 0.02 | 0.19 | 0.02 | 0.05 | 0.03 | 0.17 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 |
| Financing Profit | 0.07 | -0.10 | 0.04 | 0.03 | 0.00 | 0.01 | -0.13 | -0.01 | -0.01 | -0.02 | 0.01 | -0.03 |
| Financing Margin % | 4.67% | -9.26% | 10.00% | 25.00% | 0.00% | 11.11% | -144.44% | -10.00% | -10.00% | -22.22% | 20.00% | |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 0.07 | -0.10 | 0.04 | 0.03 | 0.00 | 0.01 | -0.13 | -0.01 | -0.01 | -0.02 | 0.01 | -0.03 |
| Tax % | 28.57% | 20.00% | 1,650.00% | 33.33% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | 0.05 | -0.12 | -0.62 | 0.02 | -0.01 | 0.00 | -0.13 | -0.01 | -0.01 | -0.02 | 0.01 | -0.03 |
| EPS in Rs | 0.10 | -0.24 | -1.24 | 0.04 | -0.02 | 0.00 | -0.26 | -0.02 | -0.02 | -0.04 | 0.02 | -0.06 |
| 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 | 6.76 | 5.23 | 6.53 | 7.93 | 7.31 | 8.24 | 9.98 | 10.00 | 5.68 | 0.40 | 0.34 | 0.24 |
| Interest | 5.93 | 4.53 | 5.74 | 6.96 | 6.01 | 7.48 | 9.17 | 9.14 | 5.21 | 0.23 | 0.17 | 0.12 |
| Expenses | 0.31 | 0.34 | 0.40 | 0.39 | 0.73 | 0.30 | 0.27 | 0.29 | 0.27 | 0.26 | 0.19 | 0.17 |
| Financing Profit | 0.52 | 0.36 | 0.39 | 0.58 | 0.57 | 0.46 | 0.54 | 0.57 | 0.20 | -0.09 | -0.02 | -0.05 |
| Financing Margin % | 7.69% | 6.88% | 5.97% | 7.31% | 7.80% | 5.58% | 5.41% | 5.70% | 3.52% | -22.50% | -5.88% | -20.83% |
| Other Income | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 0.52 | 0.37 | 0.39 | 0.58 | 0.57 | 0.46 | 0.54 | 0.57 | 0.20 | -0.09 | -0.02 | -0.05 |
| Tax % | 32.69% | 35.14% | 33.33% | 29.31% | 26.32% | 28.26% | 31.48% | 28.07% | 370.00% | 22.22% | 0.00% | |
| Net Profit | 0.35 | 0.24 | 0.26 | 0.41 | 0.42 | 0.33 | 0.38 | 0.40 | -0.55 | -0.11 | -0.02 | -0.05 |
| EPS in Rs | 0.70 | 0.48 | 0.52 | 0.82 | 0.84 | 0.66 | 0.76 | 0.80 | -1.10 | -0.22 | -0.04 | -0.10 |
| 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 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -26% | -47% | -68% | -37% | ||
| Compounded Profit Growth | % | % | % | 67% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | 2% | 0% | -3% | 0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.67 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 |
| Reserves | 1.69 | 2.04 | 2.28 | 2.54 | 2.95 | 1.65 | 2.29 | 3.19 | 3.89 | 3.39 | 3.45 | 3.31 |
| Borrowing | 43.43 | 38.10 | 36.13 | 64.41 | 74.39 | 93.81 | 102.80 | 121.29 | 135.99 | 4.57 | 3.77 | 3.61 |
| Other Liabilities | 0.43 | 0.63 | 0.48 | 0.59 | 0.74 | 0.31 | 0.67 | 0.98 | 1.81 | 2.27 | 2.27 | 2.46 |
| Total Liabilities | 50.22 | 45.44 | 43.56 | 72.21 | 82.75 | 100.44 | 110.11 | 129.81 | 146.04 | 14.58 | 13.84 | 13.73 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
| Investments | 3.09 | 3.09 | 3.09 | 3.05 | 3.05 | 1.37 | 1.35 | 1.87 | 2.16 | 2.21 | 2.38 | 2.27 |
| Other Assets | 47.13 | 42.35 | 40.47 | 69.16 | 79.70 | 99.07 | 108.76 | 127.94 | 143.88 | 12.37 | 11.46 | 11.46 |
| Total Assets | 50.22 | 45.44 | 43.56 | 72.21 | 82.75 | 100.44 | 110.11 | 129.81 | 146.04 | 14.58 | 13.84 | 13.73 |
| Mar 2015 | 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 | 0.02 | -0.06 | 0.02 | 0.09 | -0.13 | 0.03 | 0.01 | -0.05 | 0.09 | -0.05 | -0.04 | 0.00 |
| Cash from Investing Activity | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.02 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Cash from Financing Activity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | 0.03 | -0.05 | 0.02 | 0.10 | -0.13 | 0.05 | 0.01 | -0.05 | 0.10 | -0.05 | -0.03 | 0.01 |
| Free Cash Flow | 0.02 | -0.06 | 0.02 | 0.09 | -0.13 | 0.03 | 0.01 | -0.05 | 0.09 | -0.05 | -0.04 | 0.00 |
| CFO/OP | 3% | 2% | 3% | 4% | 1% | 3% | 0% | 1% | 3% | 13% | -14% | 0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1.42% | 5.36% | 3.51% | 3.67% | 5.53% | 6.03% | 5.09% | 5.36% | 5.07% | -6.88% | -1.42% | -0.26% |
| 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 | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% |
| Public | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% | 49.06% |
| No. of Shareholders | 839 | 839 | 839 | 839 | 839 | 839 | 839 | 839 | 839 | 839 | 839 | 839 |
Fundamentals
Market Cap₹ 11.5 Cr.
Current Price₹ 23.0
Book Value₹
ROCE1.31 %
ROE-0.26 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-37%
Compounded Profit Growth (TTM)67%
Standalone figures.
Valuation
Market capRs 10 Cr
Enterprise valueRs 14 Cr
Price to book1.31x
Price to sales29.42x
EV / EBITDA113.01x
EV / EBIT113.01x
EV / sales39.89x
Earnings yield-0.50%
Profitability
Operating margin (excl. other income)44.12%
Operating margin (incl. other income)44.12%
EBITDA margin35.29%
Pre-tax margin-14.71%
Net profit margin-14.71%
ROE-0.26%
ROCE1.31%
ROA-0.15%
ROE, 3-year average-2.85%
ROCE, 3-year average3.13%
ROA, 3-year average-0.53%
ROE, 5-year average0.37%
ROCE, 5-year average4.93%
ROA, 5-year average-0.20%
ROIC (approx.)1.07%
Growth
Sales growth (latest year)-15.00%
Sales CAGR, 3 years-67.60%
Sales CAGR, 5 years-47.14%
Profit growth QoQ-400.00%
Per share
EPS (TTM)Rs -0.12
EPS (latest year)Rs -0.05
EPS (latest quarter)Rs -0.07
EPS, 3-year averageRs -0.52
EPS, 5-year averageRs 0.05
Book value per shareRs 17.61
Sales per shareRs 0.78
Free cash flow per shareRs 0.00
Efficiency
Asset turnover0.02x
Leverage
Total debtRs 4 Cr
Cash and bankRs 0 Cr
Net debtRs 4 Cr
Debt to equity0.47x
Net debt / EBITDA29.67x
Interest coverage0.71x
Owners' fund to total sources55.79%
Debt to assets26.29%
Cash flow
Cash from Investing 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
Cash from ops / profit, 5 years-0.50x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs -0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs -0 Cr
Profit before tax (TTM)Rs -0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs -0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 4 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 8 Cr
Total assetsRs 14 Cr
InvestmentsRs 2 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.43
Ownership
Promoter holding50.94% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 4 of 6| look | Repeated 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 2026Revenue ₹0 Cr -100.0% vs Jun 2025.
Net loss ₹0 Cr.
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 Vardhan Capital & Finance Ltd?
Vardhan Capital & Finance Ltd (542931) has a market capitalisation of Rs 11.5 Cr. at the 2026-09-01 close.
What were Vardhan Capital & Finance Ltd's latest quarterly results?
In the Jun 2026 quarter, Vardhan Capital & Finance Ltd revenue was Rs 0 Cr (-100.0% vs Jun 2025) with a net loss of Rs 0 Cr.