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 | 234 | 238 | 391 | 307 | 352 | 373 | 373 | 344 | 357 | 346 | 347 | 364 |
| Interest | 141 | 145 | 162 | 167 | 188 | 193 | 193 | 185 | 167 | 137 | 132 | 144 |
| Expenses | 78 | 76 | 205 | 124 | 139 | 162 | 161 | 622 | 172 | 193 | 633 | 204 |
| Financing Profit | 16 | 17 | 24 | 16 | 26 | 18 | 18 | -464 | 18 | 16 | -418 | 15 |
| Financing Margin % | 7% | 7% | 6% | 5% | 7% | 5% | 5% | -135% | 5% | 5% | -120% | 4% |
| Other Income | 15 | 7 | 19 | 17 | 14 | 17 | 26 | 1,186 | 0 | 0 | 0 | 3 |
| Depreciation | 6 | 7 | 7 | 8 | 8 | 7 | 8 | 7 | 8 | 8 | 6 | 6 |
| Profit before tax | 25 | 17 | 35 | 25 | 32 | 28 | 36 | 715 | 11 | 8 | -424 | 11 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 24% | 0% | 0% | 0% | 0% |
| Net Profit | 25 | 17 | 35 | 25 | 32 | 28 | 36 | 546 | 10 | 8 | -424 | 11 |
| EPS in Rs | 1.82 | 1.24 | 2.59 | 1.83 | 2.33 | 2.04 | 2.66 | 39.92 | 0.77 | 0.51 | -26.24 | 0.71 |
| 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 | 644 | 720 | 789 | 1,206 | 1,597 | 1,283 | 1,173 | 1,178 | 1,106 | 1,408 | 1,393 | 1,413 |
| Interest | 289 | 312 | 326 | 564 | 863 | 709 | 540 | 580 | 580 | 741 | 621 | 580 |
| Expenses | 61 | 83 | 145 | 244 | 1,142 | 758 | 1,495 | 321 | 429 | 586 | 1,620 | 1,202 |
| Financing Profit | 294 | 325 | 318 | 398 | -408 | -184 | -862 | 277 | 97 | 82 | -848 | -369 |
| Financing Margin % | 46% | 45% | 40% | 33% | -26% | -14% | -74% | 24% | 9% | 6% | -61% | -26% |
| Other Income | 0 | -0 | -1 | -0 | 1 | -2 | 1 | 1 | 47 | 69 | 1,187 | 3 |
| Depreciation | 1 | 2 | 5 | 18 | 30 | 34 | 35 | 40 | 28 | 31 | 29 | 28 |
| Profit before tax | 293 | 323 | 312 | 379 | -437 | -219 | -896 | 239 | 116 | 121 | 310 | -394 |
| Tax % | 35% | 35% | 36% | 36% | -26% | -2% | -18% | 6% | 0% | 0% | 55% | |
| Net Profit | 192 | 211 | 200 | 241 | -325 | -214 | -737 | 225 | 116 | 121 | 140 | -394 |
| EPS in Rs | 37.42 | 26.90 | 25.46 | 26.10 | -35.11 | -17.30 | -54.12 | 16.55 | 8.51 | 8.86 | 8.69 | -24.25 |
| Dividend Payout % | 0% | 0% | 0% | 8% | -3% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | 2% | 6% | -2% | ||
| Compounded Profit Growth | % | % | % | 8% | ||
| Stock Price CAGR | % | -6% | 7% | -17% | ||
| Return on Equity | -4% | -8% | -8% | -24% |
| 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 | 68 | 73 | 78 | 79 | 92 | 92 | 124 | 136 | 136 | 136 | 136 | 162 |
| Reserves | 1,217 | 1,468 | 1,824 | 1,996 | 2,914 | 2,588 | 3,562 | 2,793 | 2,976 | 3,099 | 3,499 | 3,621 |
| Borrowing | 2,574 | 3,001 | 3,373 | 4,823 | 9,062 | 7,142 | 6,020 | 6,223 | 5,648 | 7,572 | 6,916 | 5,477 |
| Other Liabilities | 133 | 151 | 213 | 296 | 232 | 306 | 376 | 508 | 357 | 300 | 2,704 | 257 |
| Total Liabilities | 3,992 | 4,693 | 5,489 | 7,194 | 12,300 | 10,129 | 10,082 | 9,661 | 9,116 | 11,107 | 13,256 | 9,517 |
| Fixed Assets | 1 | 3 | 9 | 56 | 370 | 383 | 366 | 386 | 377 | 381 | 365 | 355 |
| CWIP | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 55 | 0 | 187 | 1,007 | 301 | 231 | 1,591 | 548 | 1,039 | 1,118 | 1,818 | 982 |
| Other Assets | 3,936 | 4,690 | 5,293 | 6,123 | 11,629 | 9,515 | 8,125 | 8,727 | 7,700 | 9,608 | 11,073 | 8,180 |
| Total Assets | 3,992 | 4,693 | 5,489 | 7,194 | 12,300 | 10,129 | 10,082 | 9,661 | 9,116 | 11,107 | 13,256 | 9,517 |
| 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 | -690 | -547 | -2,091 | 1,710 | 1,068 | -1,564 | 899 | -2,208 | -1,061 | -989 | ||
| Cash from Investing Activity | -194 | -842 | 260 | -2,272 | -992 | 1,165 | -259 | 683 | -305 | 2,259 | ||
| Cash from Financing Activity | 589 | 1,459 | 2,787 | -354 | 35 | 200 | -540 | 1,959 | 1,070 | -1,330 | ||
| Net Cash Flow | -294 | 71 | 956 | -916 | 111 | -199 | 99 | 434 | -296 | -60 | ||
| Free Cash Flow | -697 | -603 | -2,114 | 1,668 | 1,064 | -1,600 | 873 | -2,222 | -1,083 | -997 | ||
| CFO/OP | -91% | -65% | -203% | 397% | 203% | 485% | 105% | -321% | -129% | 435% |
| 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 % | 12% | 14% | 12% | 10% | 9% | -11% | -7% | -22% | 7% | 1% | -0% | -24% |
| 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 | 75.00% | 75.00% | 75.00% | 73.60% | 73.60% | 73.59% | 73.29% | 72.98% | 72.96% | 70.39% | 70.38% | 70.36% |
| FIIs | 1.38% | 1.33% | 1.49% | 2.12% | 2.26% | 2.43% | 2.68% | 3.10% | 2.89% | 2.27% | 2.59% | 2.56% |
| DIIs | 1.80% | 1.84% | 1.77% | 1.78% | 1.82% | 1.86% | 2.29% | 2.39% | 2.49% | 2.09% | 2.17% | 2.20% |
| Public | 21.83% | 21.83% | 21.74% | 22.51% | 22.32% | 22.11% | 21.74% | 21.53% | 21.65% | 25.25% | 24.86% | 24.88% |
| No. of Shareholders | 75,229 | 72,852 | 70,435 | 69,112 | 65,475 | 64,725 | 63,332 | 62,570 | 63,197 | 61,876 | 60,134 | 59,070 |
Fundamentals
Market Cap₹ 3,344 Cr.
Current Price₹ 209
Book Value₹ 234
ROCE-2.58 %
ROE-23.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)8%
Consolidated figures.
Valuation
Market capRs 3,301 Cr
Enterprise valueRs 8,467 Cr
Price to book0.87x
Price to sales2.34x
EV / EBITDA39.49x
EV / EBIT45.41x
EV / sales5.99x
Earnings yield-11.93%
P/E, 3-year average28.45x
P/B, 3-year average0.97x
P/E, 5-year average21.06x
P/B, 5-year average0.85x
Profitability
Operating margin (excl. other income)-16.31%
Operating margin (incl. other income)68.88%
EBITDA margin15.17%
Pre-tax margin-27.85%
Net profit margin-27.85%
Net margin, latest quarter3.15%
ROE3.79%
ROCE9.40%
ROA1.23%
ROE, 3-year average3.65%
ROCE, 3-year average8.19%
ROA, 3-year average1.12%
ROE, 5-year average-0.77%
ROCE, 5-year average5.99%
ROA, 5-year average-0.34%
ROIC (approx.)0.95%
Tax rate54.62%
Other income / net worth31.37%
Growth
Sales growth (latest year)-1.08%
Profit growth (latest year)16.54%
Sales CAGR, 3 years5.75%
Sales CAGR, 5 years1.66%
Profit CAGR, 3 years-14.56%
Sales growth QoQ4.96%
Sales growth YoY (latest quarter)5.93%
Profit growth YoY (latest quarter)-97.90%
Per share
EPS (TTM)Rs -24.61
EPS (latest quarter)Rs 0.72
EPS, 3-year averageRs 8.68
EPS, 5-year averageRs -5.05
Book value per shareRs 236.47
Sales per shareRs 88.36
Cash flow per shareRs -61.82
Free cash flow per shareRs -62.33
Efficiency
Asset turnover0.15x
Fixed asset turnover3.93x
Leverage
Total debtRs 5,477 Cr
Cash and bankRs 310 Cr
Net debtRs 5,166 Cr
Debt to equity1.45x
Net debt / EBITDA24.09x
Interest coverage0.32x
Owners' fund to total sources39.75%
Debt to assets57.55%
Cash flow
Cash from Operating Activity (latest year)Rs -989 Cr
Cash from Investing Activity (latest year)Rs 2,259 Cr
Cash from Financing Activity (latest year)Rs -1,330 Cr
Net Cash Flow (latest year)Rs -60 Cr
Free cash flow (latest year)Rs -997 Cr
FCFE (approx.: FCF + change in debt)Rs -2,437 Cr
Statement figures
Net sales (TTM)Rs 1,413 Cr
Net sales (latest year)Rs 1,393 Cr
Sales (latest quarter)Rs 364 Cr
Operating profit excl. other income (latest year)Rs -227 Cr
Operating profit (latest quarter)Rs 159 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 214 Cr
PBDT (TTM)Rs -366 Cr
Profit before tax (TTM)Rs -394 Cr
Tax (latest year)Rs 169 Cr
Net profit (TTM)Rs -394 Cr
Net profit (latest year)Rs 140 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 28 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 580 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1,620 Cr
Total income (latest year)Rs 2,580 Cr
Share capitalRs 162 Cr
ReservesRs 3,621 Cr
Shareholders' fundsRs 3,783 Cr
Total assetsRs 9,517 Cr
Net blockRs 355 Cr
InvestmentsRs 982 Cr
Other liabilitiesRs 257 Cr
Shares outstanding (crore)16.00
Ownership
Promoter holding70.36% (-2.62 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.74 is at the 15th percentile (median 1.00).
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 | INDOSTAR | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.3% | -2.8% | -2.5 pts |
| 1 month | -18.1% | -6.8% | -11.3 pts |
| 3 months | -19.6% | -7.6% | -12.0 pts |
| 6 months | +8.7% | +0.4% | +8.3 pts |
| 1 year | -20.2% | -9.9% | -10.2 pts |
| 2 years | -33.6% | -13.6% | -20.1 pts |
| 3 years | +21.3% | +14.2% | +7.2 pts |
| 5 years | -27.0% | +27.9% | -54.9 pts |
1 mutual fund schemes hold about ₹0 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal BSE 1000 Index Fund | 0.00% | 0 |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -1130% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 12% of total assets in 2026 |
| explain | Low interest cover Interest cover 1.5x in 2026 |
| look | Share dilution Share count up 19% in a year, 19% in three |
| look | Profit leans on other income Other income was 383% 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
Jun 2026Revenue ₹364 Cr +5.8% vs Jun 2025.
Net profit ₹11 Cr -98.0%.
Against our estimate for Jun 2026: sales +13.9%, profit +34.6% in line. Our estimate for Sep 2026: sales Rs 355 Cr, profit Rs 9 Cr (how).
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.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-23 | Annual General Meeting | |
| 2023-09-11 | Annual General Meeting | |
| 2022-09-21 | Annual General Meeting | |
| 2021-09-20 | Annual General Meeting | |
| 2020-09-16 | Annual General Meeting | |
| 2019-11-19 | Interim Dividend - Rs 1 Per Share | |
| 2019-08-22 | Annual General Meeting/Dividend Re 1 Per Share | |
| 2018-11-13 | Interim Dividend - Re 1 Per Share | |
| 2018-09-18 | Annual General Meeting |
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 Indostar Capital Finance Ltd?
Indostar Capital Finance Ltd (INDOSTAR) has a market capitalisation of Rs 3,344 Cr. at the 2026-10-01 close.
What were Indostar Capital Finance Ltd's latest quarterly results?
In the Jun 2026 quarter, Indostar Capital Finance Ltd revenue was Rs 364 Cr (+5.8% vs Jun 2025) and net profit was Rs 11 Cr.
What is the 52-week high and low of Indostar Capital Finance Ltd?
The 52-week high is Rs 292.00 and the 52-week low is Rs 179.03.