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Indus Finance

531841 BSE
₹368.90

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P/E
132.22
View as Markdown
MCP
Close 4 Nov 2026 ₹368.90 +318.30 +629% 1Y
Start ₹50.60

Key Fundamentals

MicrocapFinanceFinancial Services

Price-based figures at the close · EPS basis: Standalone · TTM

Debt to Equity
0.48
EPS (TTM)
₹2.79
Book Value
₹25.14
Market Cap
—
P/E (TTM)
132.22
P/B
14.67
ROE
10.50%
Dividend Yield
0.17%
52W High
₹421.00
52W Low
₹37.66
ROCE
Not meaningful for a lender: the ratio describes an industrial company’s balance sheet
EBITDA
Not meaningful for a lender: the ratio describes an industrial company’s balance sheet

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

51 Average

Data confidence 94/100

Category scores

Quality
41
Weak
Returns, margins, earnings quality 22% weight
Valuation
26
Poor
Cheap vs sector & own history 24% weight
Growth
81
Strong
Sales & profit trajectory 9% weight
Financial Health
42
Weak
Solvency, leverage, coverage 9% weight
Momentum
99
Strong
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 35.8%

Weaknesses

3
  • Stock is trading at 13.0 times its book value
  • Company has a low return on equity of 7.39% over last 3 years.
  • Company's cost of borrowing seems high

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bullish2611
OscillatorsBearish261
Moving AveragesStrong Bullish0010

Key readings

RSI (14)
63.44
Neutral
MACD (12,26,9)
14.91
Bearish
SMA (50)
309.09
Bullish
SMA (200)
151.15
Bullish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+10.56%
5Y+20.38%
3Y+50.90%
1Y+53.71%
TTM+69.18%

Net profit

Net profit growth by window
10Y+11.78%
5Y+32.08%
3Y+72.73%
1Y+86.11%
TTM+116.81%

Operating cash flow

Not meaningful

A bank's or NBFC's operating cash flow moves with deposits and loans, so its growth says little about the business.

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹2.34 Cr
Mar 2018₹1.44 Cr
Mar 2019₹2.41 Cr
Mar 2020₹2.53 Cr
Mar 2021₹3.52 Cr
Mar 2022₹0.93 Cr
Mar 2023₹2.59 Cr
Mar 2024₹3.99 Cr
Mar 2025₹5.79 Cr
Mar 2026₹8.90 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹0.07 Cr
Mar 2018₹0.08 Cr
Mar 2019₹0.20 Cr
Mar 2020−₹0.13 Cr
Mar 2021₹0.50 Cr
Mar 2022−₹3.38 Cr
Mar 2023₹0.39 Cr
Mar 2024₹0.75 Cr
Mar 2025₹1.08 Cr
Mar 2026₹2.01 Cr

Quarterly Results

₹ Cr
531841 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
0.42
0.48
0.66
1.77
0.92
2.06
1.51
1.02
1.12
1.05
1.37
5.69
1.55
Expenses
0.33
0.34
0.38
0.7
0.55
0.7
0.46
0.44
0.34
0.37
0.56
2.24
0.35
Financing Profit
−0.01
−0.05
0.01
0.76
0.06
0.93
0.5
0.07
0.31
0.21
0.42
1.91
0.89
Fin. Margin %
−2.38%
−10.42%
1.52%
42.94%
6.52%
45.15%
33.11%
6.86%
27.68%
20%
30.66%
33.57%
57.42%
Other Income
0.25
0.25
0.1
−0.39
0
0.06
−0.36
0.13
−0.12
−0.12
−0.12
0
−0.12
Interest
0.1
0.19
0.27
0.31
0.31
0.43
0.55
0.51
0.47
0.47
0.39
1.54
0.31
Depreciation
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
PBT
0.23
0.19
0.1
0.36
0.05
0.98
0.13
0.19
0.18
0.08
0.29
1.9
0.76
Tax %
0%
0%
0%
38.89%
0%
17.35%
0%
57.89%
0%
0%
0%
22.63%
0%
Net Profit
0.23
0.19
0.1
0.22
0.05
0.81
0.13
0.08
0.17
0.08
0.29
1.46
0.75
EPS (₹)
0.25
0.21
0.11
0.24
0.05
0.87
0.14
0.09
0.18
0.09
0.31
1.58
0.81

Profit & Loss

₹ Cr
531841 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
3.68
3.26
2.34
1.44
2.41
2.53
3.52
0.93
2.59
3.99
5.79
8.9
9.66
Expenses
1.28
1.51
2.61
2.03
2.09
2.31
1.96
2.04
1.71
1.72
2.12
3.06
3.52
Financing Profit
−0.18
−0.34
−0.93
−0.62
0.3
−0.08
0.6
−1.49
0.48
1.4
1.87
2.96
3.43
Fin. Margin %
−4.89%
−10.43%
−39.74%
−43.06%
12.45%
−3.16%
17.05%
−160.22%
18.53%
35.09%
32.3%
33.26%
35.51%
Other Income
1.35
1.28
1.06
0.76
0
0
0
−0.01
0
−0.48
−0.48
−0.48
−0.36
Interest
2.58
2.09
0.66
0.03
0.02
0.3
0.96
0.38
0.4
0.87
1.8
2.88
2.71
Depreciation
0.01
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.03
0.03
0.03
0.05
0.04
PBT
1.16
0.92
0.11
0.12
0.28
−0.1
0.59
−1.51
0.45
0.89
1.36
2.43
3.03
Tax %
34.48%
29.35%
45.45%
33.33%
32.14%
30%
15.25%
123.84%
11.11%
15.73%
20.59%
17.7%
—
Net Profit
0.76
0.66
0.07
0.08
0.2
−0.13
0.5
−3.38
0.39
0.75
1.08
2.01
2.58
EPS (₹)
0.82
0.71
0.08
0.09
0.22
−0.14
0.54
−3.65
0.42
0.81
1.17
2.17
2.79
Div. Payout %
48.74%
56.12%
0%
0%
0%
0%
0%
0%
0%
37.04%
42.87%
27.64%
—

Balance Sheet

₹ Cr
531841 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
9.26
9.26
9.26
9.26
9.26
9.26
9.26
9.26
9.26
9.26
9.26
9.26
Reserves
7.02
7.37
7.34
7.42
6.03
3.44
3.87
12.67
9.75
14.77
13.79
13.71
Borrowing
31.37
16.04
13.71
13.43
13.29
7.99
5.99
8.42
4.57
14.01
20.27
11.07
Other Liabilities
0.64
0.67
0.11
0.1
0.26
0.04
0.14
2
0.88
0.89
0.29
0.45
Total Liabilities
48.29
33.34
30.42
30.21
28.84
20.73
19.26
32.35
24.46
38.93
43.61
34.49
Fixed Assets
0.18
0.15
0.13
0.12
0.03
0.03
0.03
0.15
0.11
0.19
0.15
0.11
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
11.98
11.98
11.98
11.84
13.58
12.15
11.12
18.62
10.72
14.03
9.34
1.96
Other Assets
36.13
21.21
18.31
18.25
15.23
8.55
8.11
13.58
13.63
24.71
34.12
32.42
Total Assets
48.29
33.34
30.42
30.21
28.84
20.73
19.26
32.35
24.46
38.93
43.61
34.49

Cash Flow

₹ Cr
531841 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1.48
17.73
2.99
0.26
−0.27
−0.07
−0.05
−2.3
−0.34
11.11
9.86
−2.54
Investing
−0.01
0.18
−0.11
0.13
0.24
−0.02
−0.01
0.34
−3.04
−1.95
−4.36
−9.96
Financing
−1.55
−17.94
−2.89
−0.28
−0.14
0.1
0.03
2.05
3.32
−9.05
−5.59
12.54
Net Cash Flow
−0.08
−0.03
−0.01
0.11
−0.17
0.01
−0.03
0.09
−0.06
0.12
−0.09
0.04
Free Cash Flow
1.47
17.91
2.99
0.25
−0.03
−0.09
−0.06
−2.43
−0.34
11.22
9.86
−2.53
CFO/OP
62
1,014
−1,126
−51
−56
−32
−3
32
−39
489
269
−43

Ratios

531841 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
4.68%
4.01%
0.42%
0.48%
1.25%
−0.93%
3.87%
−19.22%
1.91%
5.39%
6.2%
10.47%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Indus Finance insights

41 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 74.79%
  • Public 14.85%
  • Others 10.34%
  • DIIs 0.02%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Indus Finance

What does Indus Finance Ltd do?
Incorporated in 1992, Indus Finance Corporation Ltd is engaged in the business of corporate financing, leasing, hire purchase and corporate advisory services.
Where is Indus Finance Ltd (INDUSFINL) listed?
Indus Finance Ltd trades under code 531841 on the BSE.
Which sector does Indus Finance Ltd belong to?
Indus Finance Ltd is classified under the Financial Services sector, in the NBFC industry.
What is the PE ratio of Indus Finance Ltd?
Indus Finance Ltd trades at a PE ratio of 132.22 as of 4 Nov 2026, on earnings per share of ₹2.79, against a book value of ₹25.14 per share.
What is the 52-week high and low of Indus Finance Ltd?
Over the last 52 weeks Indus Finance Ltd has traded between ₹37.66 and ₹421 as of 4 Nov 2026.
Does Indus Finance Ltd pay dividends?
Indus Finance Ltd has a dividend yield of 0.17%.
What is the Return on Equity (ROE) of Indus Finance Ltd?
Indus Finance Ltd reported a return on equity of 10.50%. Its debt-to-equity ratio is 0.48.

Company Information

Incorporated in 1992, Indus Finance Corporation Ltd is engaged in the business of corporate financing, leasing, hire purchase and corporate advisory services.

Website indusfinance.in
Face Value ₹10

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