Indostar Capital Finance Ltd
NSE: INDOSTAR BSE: 541336Banking
Incorporated in July 2009, ICFL is registered with the Reserve Bank of India (RBI) as a systemically-important non-deposit taking NBFC.[1]
₹192
52W: ₹178 — ₹369
PE 0 · Book ₹247 · -22% vs bookMarket Cap₹3,099 Cr
Stock P/E—Price to Earnings
ROCE8.14%Return on Capital
ROE1.61%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Stock is trading at 0.77 times its book value
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of -1.77% over past five years.
- −Company has a low return on equity of 3.36% over last 3 years.
- −Earnings include an other income of Rs.1,179 Cr.
- −Promoter holding has decreased over last 3 years: -18.8%
Shareholding Pattern
Promoters70.38%
FIIs2.59%
DIIs2.17%
Public24.86%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.6% | 73.6% | 73.59%▼0.0 | 73.29%▼0.3 | 72.98%▼0.3 | 72.96%▼0.0 | 70.39%▼2.6 | 70.38%▼0.0 |
| FIIs | 2.12% | 2.26%▲0.1 | 2.43%▲0.2 | 2.68%▲0.3 | 3.1%▲0.4 | 2.89%▼0.2 | 2.27%▼0.6 | 2.59%▲0.3 |
| DIIs | 1.78% | 1.82%▲0.0 | 1.86%▲0.0 | 2.29%▲0.4 | 2.39%▲0.1 | 2.49%▲0.1 | 2.09%▼0.4 | 2.17%▲0.1 |
| Public | 22.51% | 22.32%▼0.2 | 22.11%▼0.2 | 21.74%▼0.4 | 21.53%▼0.2 | 21.65%▲0.1 | 25.25%▲3.6 | 24.86%▼0.4 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 86.75 | 78.74 | 207.06 | 125.29 | 140.04 | 161.91 | 161.12 | 622.32 | 171.98 | 193.48 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 10.51 | 10.62 | 19.57 | 10.79 | 17.97 | 11.41 | 12.42 | 535.44 | 10.47 | 8.25 |
| EPS ₹ | 0.77 | 0.78 | 1.44 | 0.79 | 1.32 | 0.84 | 0.91 | 39.18 | 0.77 | 0.51 |
AI Insights
Revenue Trend
TTM revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 2.17% (+0.43pp change). FIIs: 2.59% (+1.30pp change). Promoters hold 70.38%.
Margin & Efficiency
ROCE improving from 0% (Mar 2014) to 0% (Mar 2025). Working capital days: 0.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 11 May - Intimation regarding allotment of ESOP dated May 11, 2026
- Announcement under Regulation 30 (LODR)-Allotment 23 Apr - Approved allotment of 60,000 NCDs aggregating to ₹600 crore at 9.25%.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 10 Apr - Intimation regarding allotment of ESOP dated April 10, 2026
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
- Investor Call Intimation For April 10, 2026 7 Apr - IndoStar Capital schedules an in-person analyst meet on April 10, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse