MarketFriction

Hybrid Financial Services Ltd

NSE HYBRIDFIN · BSE 500262 · Stockbroking & Allied
₹17.36 -3.23%
NSE close2026-10-01
52 week range14.50 - 33.62
Market cap₹52.7 Cr.
P/E19.5
Price band 10% Delivery 42.6%

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

Consolidated, Rs crore
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales0.911.111.062.021.391.791.281.961.481.801.231.16
Expenses0.690.590.700.890.730.650.770.870.740.730.761.72
Operating Profit0.220.520.361.130.661.140.511.090.741.070.47-0.56
OPM %24.18%46.85%33.96%55.94%47.48%63.69%39.84%55.61%50.00%59.44%38.21%-48.28%
Other Income0.020.020.03-0.030.710.01-0.170.030.030.050.001.05
Interest0.000.000.000.020.000.000.000.020.000.000.000.01
Depreciation0.020.020.030.030.030.030.030.030.030.030.030.04
Profit before tax0.220.520.361.051.341.120.311.070.741.090.440.44
Tax %0.00%0.00%11.11%16.19%0.00%1.79%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit0.220.520.320.881.341.110.321.070.741.090.440.44
EPS in Rs0.070.180.110.300.460.380.110.360.250.370.150.15
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales3.683.243.843.782.993.233.354.303.485.097.075.67
Expenses3.282.953.133.112.802.542.352.672.412.833.023.96
Operating Profit0.400.290.710.670.190.691.001.631.072.264.051.71
OPM %10.87%8.95%18.49%17.72%6.35%21.36%29.85%37.91%30.75%44.40%57.28%30.16%
Other Income1.571.071.131.000.720.09-0.340.39-0.260.03-0.071.13
Interest0.040.100.060.040.060.030.080.050.030.030.020.01
Depreciation0.210.120.110.110.110.110.090.130.100.100.110.13
Profit before tax1.721.141.671.520.740.640.491.840.682.163.852.70
Tax %9.30%11.40%16.77%21.71%4.05%4.69%18.37%10.87%25.00%9.72%0.52%0.00%
Net Profit1.561.021.381.200.700.600.401.630.511.943.842.70
EPS in Rs0.530.350.470.410.240.200.140.550.170.661.300.92
Dividend Payout %0.00%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 Growth6%11%18%-20%
Compounded Profit Growth10%27%49%-33%
Stock Price CAGR%%31%10%
Return on Equity6%7%9%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital14.7214.7214.7214.7214.7214.7214.7214.7214.7214.7214.7214.72
Reserves-3.37-2.386.0310.183.743.039.519.498.0915.3024.4829.44
Borrowings3.732.802.162.142.112.272.102.102.102.101.400.70
Other Liabilities7.006.776.375.9912.3813.7713.7413.3012.6015.779.269.47
Total Liabilities22.0821.9129.2833.0332.9533.7940.0739.6137.5147.8949.8654.33
Fixed Assets1.611.371.301.241.181.101.021.931.841.751.691.63
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments5.475.5412.7216.1115.0814.6320.5519.3016.8022.5324.1727.14
Other Assets15.0015.0015.2615.6816.6918.0618.5018.3818.8723.6124.0025.56
Total Assets22.0821.9129.2833.0332.9533.7940.0739.6137.5147.8949.8654.33
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.450.380.250.46-0.23-0.420.000.600.001.34-3.640.74
Cash from Investing Activity-0.920.981.530.321.591.040.780.220.901.511.651.40
Cash from Financing Activity0.58-0.89-1.01-0.35-0.090.13-0.61-0.05-0.03-0.03-0.73-0.72
Net Cash Flow0.110.470.770.421.270.750.170.770.862.83-2.711.42
Free Cash Flow0.010.450.210.40-0.27-0.45-0.010.08-0.011.32-3.690.67
CFO/OP122%17%24%106%-47%-49%2%46%0%68%-83%47%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days34.7136.0532.3239.5926.8629.3816.3411.8814.6814.348.7810.94
Inventory Days
Days Payable
Cash Conversion Cycle34.7136.0532.3239.5926.8629.3816.3411.8814.6814.348.7810.94
Working Capital Days-187.46-185.88-131.17-106.22-129.40-148.03-111.13-74.70-88.10-147.00-32.01-12.87
ROCE %12.44%8.47%9.09%6.25%3.32%3.30%5.09%6.91%4.33%7.93%11.17%6.34%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.01%64.01%64.01%64.01%64.01%64.01%64.01%64.01%64.01%64.01%64.01%64.01%
DIIs0.89%0.89%0.89%0.89%0.70%0.70%0.70%0.70%0.69%0.69%0.59%0.37%
Public35.10%35.09%35.10%35.09%35.29%35.28%35.29%35.28%35.29%35.29%35.39%35.60%
No. of Shareholders52,08252,24052,27952,55252,84353,52453,49754,16553,83254,66454,28254,610

Fundamentals

Market Cap₹ 52.7 Cr.
Current Price₹ 17.9
Stock P/E19.5
Book Value₹ 15.0
ROCE6.34 %
ROE6.48 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-20%
Compounded Profit Growth (TTM)-33%
Consolidated figures.
Valuation
Market capRs 51 Cr
Enterprise valueRs 31 Cr
P/E (TTM)18.85x
Price to book1.16x
Price to sales9.01x
EV / EBITDA10.73x
EV / EBIT11.24x
EV / sales5.39x
Price to cash flow69.04x
Earnings yield5.30%
P/E, 3-year average11.07x
P/B, 3-year average0.86x
P/E, 5-year average21.61x
P/B, 5-year average0.89x
Profitability
Operating margin (excl. other income)30.16%
Operating margin (incl. other income)50.09%
EBITDA margin50.26%
Pre-tax margin47.80%
Net profit margin47.80%
Net margin, latest quarter37.93%
ROE6.48%
ROCE6.34%
ROA5.18%
ROE, 3-year average8.31%
ROCE, 3-year average8.22%
ROA, 3-year average5.86%
ROE, 5-year average6.76%
ROCE, 5-year average6.92%
ROA, 5-year average4.60%
ROIC (approx.)11.51%
Other income / net worth2.56%
Growth
Sales growth (latest year)-19.80%
Profit growth (latest year)-29.69%
Sales CAGR, 3 years17.67%
Sales CAGR, 5 years11.10%
Profit CAGR, 3 years74.29%
Profit CAGR, 5 years46.51%
Sales growth QoQ-5.69%
Profit growth QoQ0.00%
Sales growth YoY (latest quarter)-40.82%
Profit growth YoY (latest quarter)-58.88%
Per share
EPS (TTM)Rs 0.92
EPS (latest quarter)Rs 0.15
EPS, 3-year averageRs 0.98
EPS, 5-year averageRs 0.67
Book value per shareRs 15.00
Sales per shareRs 1.93
Cash flow per shareRs 0.25
Free cash flow per shareRs 0.23
Efficiency
Asset turnover0.10x
Fixed asset turnover3.48x
Debtor days11 days
Debtors turnover33.35x
Cash conversion cycle11 days
Working capital days-13 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 21 Cr
Net debtRs -21 Cr
Debt to equity0.02x
Net debt / EBITDA-7.20x
Interest coverage272.00x
Owners' fund to total sources81.28%
Debt to assets1.29%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Cash from ops / profit, 5 years-0.09x
Sales to cash flow7.66x
Statement figures
Net sales (TTM)Rs 6 Cr
Net sales (latest year)Rs 6 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 3 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 4 Cr
Total income (latest year)Rs 7 Cr
Share capitalRs 15 Cr
ReservesRs 29 Cr
Shareholders' fundsRs 44 Cr
Total assetsRs 54 Cr
Net blockRs 2 Cr
InvestmentsRs 27 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 9 Cr
Shares outstanding (crore)2.94
Ownership
Promoter holding64.01% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.9 is at the 45th percentile of its own 3.9-year range (median 18.9, low 9.3, high 69.3).
P/B 1.16 is at the 30th percentile (median 1.21).
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.
PeriodHYBRIDFINNifty 50Difference
1 week+1.7%-2.8% +4.5 pts
1 month+2.4%-6.8% +9.2 pts
3 months-16.4%-7.6% -8.8 pts
6 months+8.5%+0.4% +8.1 pts
1 year+12.5%-9.9% +22.4 pts
2 years+37.6%-13.6% +51.1 pts
3 years+122.6%+14.2% +108.4 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -18% of net profit over the last 3 years
lookProfit leans on other income Other income was 42% of pre-tax profit 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

Mar 2026
Sales ₹1 Cr -40.8% vs Mar 2025. Net profit ₹0 Cr -58.9%.
Against our estimate for Mar 2026: sales -39.8%, profit -56.3% miss. Our estimate for Jun 2026: sales Rs 1 Cr, profit Rs 1 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-07-19Annual General Meeting
2023-08-25Annual General Meeting
DateTypeWhat it says
2026-09-13Shareholder meetingScrutinisers Report Dated 11th September 2026 with Voting Results
2026-09-11Shareholder meetingProceedings of Annual General Meeting held on September 11, 2026
2026-09-02General UpdatesGeneral Updates
2026-07-31Board meeting outcomeHybrid Financial Services Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-28Shareholder meetingNotice of Annual General Meeting to be held on September 11, 2026
2026-06-22Disclosure under SEBI TakeovK.Chandramouli has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Ac...
2026-06-17General UpdatesGeneral Updates
2026-05-22CorrigendumCorrigendum to Notice of Annual General Meeting
2026-05-21Board meeting outcomeHybrid Financial Services Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-02-10Board meeting outcomeHybrid Financial Services Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-01Price movementSignificant movement in price has been observed in Hybrid Financial Services Limited. The Exchange, in order to ensure that investors have latest rele...
2026-01-30Price movementSignificant movement in price has been observed in Hybrid Financial Services Limited. The Exchange, in order to ensure that investors have latest rele...
2025-12-10Amalgamation/MergerAmalgamation/Merger
2025-10-29Board meeting outcomeHybrid Financial Services Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-10-29Board meeting outcomeBoard meeting held on October 29, 2025.
2025-10-17Scheme of ArrangementScheme of Arrangement
2025-10-13Price movementSignificant movement in price has been observed in Hybrid Financial Services Limited. The Exchange, in order to ensure that investors have latest rele...
2025-10-10Price movementSignificant movement in price has been observed in Hybrid Financial Services Limited. The Exchange, in order to ensure that investors have latest rele...
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Hybrid Financial Services Ltd?

Hybrid Financial Services Ltd (HYBRIDFIN) has a market capitalisation of Rs 52.7 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hybrid Financial Services Ltd?

Hybrid Financial Services Ltd trades at a P/E of 19.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hybrid Financial Services Ltd's latest quarterly results?

In the Mar 2026 quarter, Hybrid Financial Services Ltd sales was Rs 1 Cr (-40.8% vs Mar 2025) and net profit was Rs 0 Cr.

What is the 52-week high and low of Hybrid Financial Services Ltd?

The 52-week high is Rs 33.62 and the 52-week low is Rs 14.50.

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