Explicit Finance

Why is Explicit Finance Ltd falling/rising?

As of 04-Aug, the stock price of Explicit Finance Ltd is at 7.57, unchanged from the previous day, with a recent upward trend of +5.14% over two days but a significant decline of -12.69% over the past month. Despite short-term challenges, the stock has increased by +22.49% over the past year, indicating a mixed outlook.

As of 04-Aug, the stock price of Explicit Finance Ltd is currently at 7.57, with no change from the previous day. The stock has shown a performance of +5.14% over the last two days, indicating a recent upward trend. However, it has underperformed compared to the sector by -0.59% today. <BR><BR>Looking at the broader context, the stock has experienced a significant decline of -12.69% over the past month and a year-to-date drop of -45.11%. Despite these declines, the stock has performed well over the longer term, with a +22.49% increase over the past year and a remarkable +117.53% over the last three years.<BR><BR>Investor participation appears to be rising, as evidenced by a 52.41% increase in delivery volume on July 28 compared to the five-day average. This suggests growing interest among investors, which could be contributing to the recent gains. However, the stock's moving averages indicate that while it is currently above the 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that it may still be in a longer-term downtrend.<BR><BR>In summary, while Explicit Finance Ltd has shown some recent gains, the overall performance metrics indicate a mixed outlook, with significant declines in the short term contrasted by stronger performance in the long term.

Which are the latest news on Explicit Finance?

When is the next results date for Explicit Finance Ltd?

The next results date for Explicit Finance Ltd is 12 August 2026.

The next results date for Explicit Finance Ltd is scheduled for 12 August 2026.

How big is Explicit Finance?

As of 10th June, Explicit Finance Ltd has a market capitalization of 9.00 Cr and reported net sales of 3.27 Cr with a loss of 0.01 Cr over the latest four quarters. Shareholder's funds are 7.90 Cr, and total assets amount to 7.96 Cr.

As of 10th June, Explicit Finance Ltd has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Explicit Finance reported net sales of 3.27 Cr. However, the company experienced a loss of 0.01 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025. Shareholder's funds are reported at 7.90 Cr, while total assets amount to 7.96 Cr.

Who are in the management team of Explicit Finance?

The management team of Explicit Finance includes Avinash Mainkar (Director & Company Secretary), Swati Dave (Managing Director), Jayesh Jain, Lata Dave, Gopal Dave, Pushparaj Mayekar, Jitendra Bbanushali (Additional Director), Rajesh Nanda (Managing Director), and Hetal Bhanushali (all Independent Directors), bringing diverse expertise to the company.

The management team of Explicit Finance includes the following individuals:<BR><BR>1. Avinash Mainkar - Director & Company Secretary<BR>2. Swati Dave - Managing Director<BR>3. Jayesh Jain - Independent Director<BR>4. Lata Dave - Independent Director<BR>5. Gopal Dave - Director<BR>6. Pushparaj Mayekar - Independent Director<BR>7. Jitendra Bbanushali - Additional Director<BR>8. Rajesh Nanda - Managing Director<BR>9. Hetal Bhanushali - Independent Director<BR><BR>This team brings a diverse range of expertise to the company. If you have any more questions about Explicit Finance or its operations, feel free to ask!

Who are the peers of the Explicit Finance?

Peers of Explicit Finance include Shangar Decor, Vishvprabha Ventures, Arihant's Securities, Tashi India, SW Investments, and Millen Online. Explicit Finance has a 1-year return of 19.11%, outperforming peers like Shangar Decor and Vishvprabha Ventures, which show below-average growth and management risk.

Peers: The peers of Explicit Finance are Shangar Decor, Vishvprabha Ven., Arihant's Secur., Tashi India, SW Investments, and Millen. Online.<BR><BR>Quality Snapshot: Below Average management risk is observed at Shangar Decor, Vishvprabha Ven., Millen. Online, and Explicit Finance, while Average management risk is found at Tashi India. Good growth is noted at Shangar Decor, Average growth at Arihant's Secur., and Below Average growth at Vishvprabha Ven., Tashi India, SW Investments, and Explicit Finance. Excellent capital structure is present at Arihant's Secur., Tashi India, and both Explicit Finance and Millen. Online, while Below Average capital structure is seen at Shangar Decor.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SW Investments at 15.89%, while the lowest is Frontier Capital at -65.09%. Explicit Finance's 1-year return is 19.11%, which is higher than both of these peers. Additionally, the six-month return is negative for Shangar Decor, Vishvprabha Ven., Arihant's Secur., and Millen. Online.

What does Explicit Finance do?

Explicit Finance Ltd is a Non-Banking Financial Company (NBFC) focused on secondary capital market activities and financial consultancy. It was incorporated in 1994 and reported net sales of 1 Cr and a net profit of 0 Cr for the quarter ending March 2026.

Overview:<BR>Explicit Finance Ltd is a Non-Banking Financial Company (NBFC) engaged in diversified commercial services, primarily focusing on secondary capital market activities and financial consultancy.<BR><BR>History:<BR>Explicit Finance Ltd was initially incorporated as Shubhyog Finlease Limited in 1994 and changed its name to Explicit Finance Limited on November 26, 2005. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 18 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: -0.13% <BR>Price to Book: 1.13<BR><BR>Contact Details:<BR>Address: 305 Sohan Commercial Plaza, Opp Shivsena Office Vasai (E) Palghar Maharashtra : 401210 <BR>Tel: 91-9320478152 <BR>Email: explicit_finance@rediffmail.com <BR>Website: http://www.explicitfinance.net

Should I buy, sell or hold Explicit Finance Ltd?

Are Explicit Finance Ltd latest results good or bad?

Explicit Finance Ltd's latest Q3 FY26 results show a net profit of ₹0.15 crores and an 8.54% increase in net sales, indicating some improvement. However, overall performance remains concerning due to a 27.64% decline in sales year-on-year, low return on equity, and governance issues, suggesting a precarious outlook.

Explicit Finance Ltd's latest results for Q3 FY26 show some signs of improvement, but the overall financial picture remains concerning. The company reported a net profit of ₹0.15 crores, a positive shift from a loss in the previous quarter, and net sales increased by 8.54% quarter-on-quarter to ₹0.89 crores. Additionally, the operating margin improved significantly to 16.85%, up from negative territory in Q2 FY26.<BR><BR>However, despite these sequential gains, the company’s performance is still below expectations when compared to previous years. The net sales are down 27.64% from ₹1.23 crores a year ago, indicating ongoing challenges in revenue generation. Furthermore, the company has a very low return on equity (ROE) of just 0.53%, which is far below industry standards, and it has shown minimal sales growth over the past five years.<BR><BR>The lack of institutional backing and a very low promoter holding of 12.09% raises governance concerns and suggests limited confidence in the company's future. Overall, while there are some positive indicators in the latest results, the fundamental issues regarding growth, profitability, and investor confidence suggest that the outlook for Explicit Finance remains precarious.

How has been the historical performance of Explicit Finance?

Explicit Finance has experienced a significant decline in net sales from 22.86 Cr in Mar'23 to 6.77 Cr in Mar'25, with a peak of 9.40 Cr in Mar'24. Despite fluctuations in operating profit, the company reported no taxable income in Mar'25, although cash reserves improved, indicating better liquidity.

Answer:<BR>The historical performance of Explicit Finance shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Explicit Finance's net sales have seen a significant decline from 22.86 Cr in Mar'23 to 6.77 Cr in Mar'25, with a peak in Mar'24 at 9.40 Cr. The total operating income followed a similar pattern, dropping from 22.86 Cr in Mar'23 to 6.77 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased from 22.86 Cr in Mar'23 to 6.78 Cr in Mar'25. Operating profit (PBDIT) has fluctuated, with a slight profit of 0.01 Cr in Mar'25 compared to a loss of 0.27 Cr in Mar'22. Profit before tax and profit after tax were both 0.00 Cr in Mar'25, indicating no taxable income or profit. The company's total assets remained stable at 7.96 Cr in Mar'25 and Mar'24, while total liabilities also held steady at 7.96 Cr. Cash and cash equivalents increased from 1.19 Cr in Mar'24 to 1.88 Cr in Mar'25, suggesting improved liquidity despite the overall decline in sales and profitability.

Is Explicit Finance overvalued or undervalued?

As of October 27, 2025, Explicit Finance is considered very expensive with a PE ratio of 51.02 and an EV to EBITDA of 7.81, significantly higher than its peers, indicating that its current valuation may not be justified despite a strong past year performance.

As of 27 October 2025, the valuation grade for Explicit Finance has moved from expensive to very expensive. The company is currently overvalued based on its high valuation metrics. The PE ratio stands at 51.02, while the EV to EBITDA ratio is also notably high at 7.81. Additionally, the PEG ratio is extremely low at 0.07, indicating that the stock may not be justified at its current price levels.<BR><BR>In comparison to its peers, Explicit Finance's valuation appears significantly higher. For instance, Bajaj Finance has a PE ratio of 38.72 and an EV to EBITDA of 20.42, while Life Insurance is valued more attractively with a PE of 11.65 and an EV to EBITDA of 9.08. Despite a strong performance in the past year, with a stock return of 54.28% compared to the Sensex's 6.77%, the current valuation suggests that investors may be overestimating the company's future growth potential.

What is the technical trend for Explicit Finance?

As of June 6, 2025, Explicit Finance shows a bullish technical trend supported by positive MACD and moving averages, although caution is advised due to mildly bearish KST indicators.

As of 6 June 2025, the technical trend for Explicit Finance has changed from does not qualify to bullish. The weekly and monthly MACD indicators are both bullish, supporting a positive outlook. The daily moving averages also indicate a bullish stance. While the Bollinger Bands show a mildly bullish trend in both weekly and monthly time frames, the KST is mildly bearish on both time frames, which introduces some caution. The Dow Theory aligns with a mildly bullish perspective as well. Overall, the current technical stance is bullish, with moderate strength driven primarily by the MACD and moving averages.

Who are the top shareholders of the Explicit Finance?

The top shareholders of Explicit Finance are Trunadhanya Trading Private Limited with 10.2%, Angelica Trading Private Limited with 14.84%, and individual investors who collectively own 31.27%. There are no institutional holdings or pledged promoter shares.

The top shareholders of Explicit Finance include Trunadhanya Trading Private Limited, which holds the highest promoter stake at 10.2%. The largest public shareholder is Angelica Trading Private Limited, with a holding of 14.84%. Additionally, individual investors collectively own 31.27% of the company. There are no institutional holdings or pledged promoter shares reported.

Has Explicit Finance declared dividend?

No Dividend History Available