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Vardhan Capital & Finance

542931 BSE
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MCP
Close 1 Sep 2026 ₹23.00 0.00 0.00% since 1 Sep 2026
Start ₹23.00

Key Fundamentals

MicrocapFinanceFinancial Services

Price-based figures · EPS basis: Standalone · TTM

Debt to Equity
0.47
EPS (TTM)
−₹0.10
Book Value
₹15.63
Market Cap
—
P/E (TTM)
—
P/B
—
ROE
−0.26%
Dividend Yield
0.00%
52W High
—
52W Low
—
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

Key Insights

Strengths

1
  • Company has reduced debt.

Weaknesses

4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -47.1% over past five years.
  • Company has a low return on equity of -2.89% over last 3 years.
  • Working capital days have increased from 290 days to 440 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallNeutral000
OscillatorsNeutral000
Moving AveragesNeutral000

As of , the latest day with price data, so these readings are not current.

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−25.84%
5Y−47.14%
3Y−67.60%
1Y−15.00%
TTM−36.84%

Net profit

Net profit growth by window
10YTurned to loss
5YTurned to loss
3YTurned to loss
1YLoss narrowed by ₹0.09 Cr
TTMLoss narrowed by ₹0.10 Cr

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₹5.23 Cr
Mar 2018₹6.53 Cr
Mar 2019₹7.93 Cr
Mar 2020₹7.31 Cr
Mar 2021₹8.24 Cr
Mar 2022₹9.98 Cr
Mar 2023₹10.00 Cr
Mar 2024₹5.68 Cr
Mar 2025₹0.40 Cr
Mar 2026₹0.34 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹0.24 Cr
Mar 2018₹0.26 Cr
Mar 2019₹0.41 Cr
Mar 2020₹0.42 Cr
Mar 2021₹0.33 Cr
Mar 2022₹0.38 Cr
Mar 2023₹0.40 Cr
Mar 2024−₹0.55 Cr
Mar 2025−₹0.11 Cr
Mar 2026−₹0.02 Cr

Quarterly Results

₹ Cr
542931 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
2.7
1.5
1.08
0.4
0.12
0.1
0.09
0.09
0.1
0.1
0.09
0.05
0
Expenses
0.02
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
0.19
0.07
−0.1
0.04
0.03
0
0.01
−0.13
−0.01
−0.01
−0.02
0.01
−0.03
Fin. Margin %
7.04%
4.67%
−9.26%
10%
25%
0%
11.11%
−144.44%
−10%
−10%
−22.22%
20%
—
Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
Interest
2.49
1.38
1.16
0.17
0.07
0.05
0.05
0.05
0.06
0.06
0.06
0
0
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
0.19
0.07
−0.1
0.04
0.03
0
0.01
−0.13
−0.01
−0.01
−0.02
0.01
−0.03
Tax %
26.32%
28.57%
20%
1650%
33.33%
—
100%
0%
0%
0%
0%
0%
0%
Net Profit
0.14
0.05
−0.12
−0.62
0.02
−0.01
0
−0.13
−0.01
−0.01
−0.02
0.01
−0.03
EPS (₹)
0.28
0.1
−0.24
−1.24
0.04
−0.02
0
−0.26
−0.02
−0.02
−0.04
0.02
−0.06

Profit & Loss

₹ Cr
542931 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
2.94
6.76
5.23
6.53
7.93
7.31
8.24
9.98
10
5.68
0.4
0.34
0.24
Expenses
0.3
0.31
0.34
0.4
0.39
0.73
0.3
0.27
0.29
0.27
0.26
0.19
0.17
Financing Profit
0.13
0.52
0.36
0.39
0.58
0.57
0.46
0.54
0.57
0.2
−0.09
−0.02
−0.05
Fin. Margin %
4.42%
7.69%
6.88%
5.97%
7.31%
7.8%
5.58%
5.41%
5.7%
3.52%
−22.5%
−5.88%
−20.83%
Other Income
0
0
0.01
0
0
0
0
0
0
0
0
0
0
Interest
2.51
5.93
4.53
5.74
6.96
6.01
7.48
9.17
9.14
5.21
0.23
0.17
0.12
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
0.13
0.52
0.37
0.39
0.58
0.57
0.46
0.54
0.57
0.2
−0.09
−0.02
−0.05
Tax %
38.46%
32.69%
35.14%
33.33%
29.31%
26.32%
28.26%
31.48%
28.07%
370%
22.22%
0%
—
Net Profit
0.09
0.35
0.24
0.26
0.41
0.42
0.33
0.38
0.4
−0.55
−0.11
−0.02
−0.05
EPS (₹)
0.18
0.7
0.48
0.52
0.82
0.84
0.66
0.76
0.8
−1.1
−0.22
−0.04
−0.1
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
542931 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
38.1
36.13
64.41
74.39
93.81
103
121
136
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
110
130
146
14.58
13.84
13.73
Fixed Assets
0
0
0
0
0
0
0
0
0
0
0
0
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
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
79.7
99.07
109
128
144
12.37
11.46
11.46
Total Assets
50.22
45.44
43.56
72.21
82.75
100
110
130
146
14.58
13.84
13.73

Cash Flow

₹ Cr
542931 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.02
−0.06
0.02
0.09
−0.13
0.03
0.01
−0.05
0.09
−0.05
−0.04
0
Investing
0.01
0.01
0
0.01
0
0.02
0
0.01
0.01
0.01
0.01
0.01
Financing
0
0
0
0
0
0
0
0
0
0
0
0
Net Cash Flow
0.03
−0.05
0.02
0.1
−0.13
0.05
0.01
−0.05
0.1
−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

Ratios

542931 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

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

Log in to view Vardhan Capital & Finance insights

41 extracted metrics across FY15–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 50.94%
  • Public 32.81%
  • Others 16.25%

No promoter shares pledged as of 10 Sep 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Vardhan Capital & Finance

What does Vardhan Capital & Finance Ltd do?
Vardhan Capital & Finance is registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Accepting Core Investment Company (NBFC-CIC). As an NBFC-CIC, the Company carries out only such activities as are permitted under the guidelines issued by RBI for NBFCCICs.
Where is Vardhan Capital & Finance Ltd (VARDHANCFL) listed?
Vardhan Capital & Finance Ltd trades under code 542931 on the BSE.
Which sector does Vardhan Capital & Finance Ltd belong to?
Vardhan Capital & Finance Ltd is classified under the Financial Services sector, in the NBFC industry.
What is the Return on Equity (ROE) of Vardhan Capital & Finance Ltd?
Vardhan Capital & Finance Ltd reported a return on equity of -0.26%. Its debt-to-equity ratio is 0.47.

Company Information

Vardhan Capital & Finance is registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Accepting Core Investment Company (NBFC-CIC). As an NBFC-CIC, the Company carries out only such activities as are permitted under the guidelines issued by RBI for NBFCCICs. The Company offers funding services to different sectors like trade, industry, Commercial loans, Individual and corporate.

Face Value ₹10

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