First Custodian

Which are the latest news on First Custodian?

Why is First Custodian Fund(I) Ltd falling/rising?

As of 18-Jul, the stock price of First Custodian Fund(I) Ltd is slightly rising at 67.95, following two days of decline, indicating a potential trend reversal. Despite today's increase, the stock has underperformed its sector and shows mixed signals in moving averages, with a year-to-date drop of 23.65%.

As of 18-Jul, the stock price of First Custodian Fund(I) Ltd is rising slightly, with a current price of 67.95, reflecting a change of 0.02 (0.03%) upward. This increase comes after two consecutive days of decline, indicating a potential trend reversal. <BR><BR>Despite the positive movement today, the stock has underperformed its sector by 0.36%. However, there is a notable rise in investor participation, as evidenced by a significant increase in delivery volume, which rose by 941.06% against the 5-day average on 16 July. This suggests that more investors are willing to buy the stock, contributing to the upward price movement.<BR><BR>In terms of moving averages, the stock is currently higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed signals regarding its longer-term performance. Overall, while the stock is experiencing a slight rise today, it has faced significant declines over the longer term, with a year-to-date drop of 23.65% and a one-year decline of 32.05%.

How big is First Custodian?

As of 10th June, First Custodian Fund(I) Ltd has a market capitalization of 11.00 Cr, classifying it as a Micro Cap company, with Net Sales of 0.03 Cr and a Net Profit loss of 0.28 Cr over the latest four quarters. As of March 2025, Shareholder's Funds were 15.50 Cr and Total Assets were 16.05 Cr.

As of 10th June, First Custodian Fund(I) Ltd has a market capitalization of 11.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.03 Cr. However, it experienced a loss of 0.28 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 15.50 Cr and Total Assets were valued at 16.05 Cr.

Who are in the management team of First Custodian?

The management team of First Custodian includes Surendrakumar Banthia (Chairman & Non-Executive Director), Manish Banthia (Whole Time Director & CFO), and Giriraj Kumar Dammani (Managing Director).

The management team of First Custodian includes the following individuals:<BR><BR>1. Surendrakumar Banthia - Chairman & Non-Executive Director<BR>2. Manish Banthia - Whole Time Director & CFO<BR>3. Giriraj Kumar Dammani - Managing Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the First Custodian?

First Custodian's peers include SRG Fingrow Fin, Kinetic Trust, Ontic Finserve, Anjani Finance, Nexus Surgical, Northlink Fiscal, Pyxis Finvest, CitiPort Fin., and Octal Credit Cap. Kinetic Trust leads in 1-year returns at 52.31%, while First Custodian has the lowest at -38.84%.

Peers: The peers of First Custodian are SRG Fingrow Fin, Kinetic Trust, Ontic Finserve, Anjani Finance, Nexus Surgical, Northlink Fiscal, Pyxis Finvest, CitiPort Fin., and Octal Credit Cap.<BR><BR>Quality Snapshot: Excellent management risk is observed at SRG Fingrow Fin, Kinetic Trust, Ontic Finserve, First Custodian, Anjani Finance, Nexus Surgical, Pyxis Finvest, and Octal Credit Cap, while Below Average management risk is found at SRG Fingrow Fin, Kinetic Trust, Ontic Finserve, First Custodian, Pyxis Finvest, and Octal Credit Cap. Good growth is noted at Anjani Finance, while Average growth is seen at Kinetic Trust and Nexus Surgical, and the rest have Below Average growth. All peers maintain an Excellent capital structure.<BR><BR>Return Snapshot: Kinetic Trust has the highest 1-year return at 52.31%, while First Custodian has the lowest at -38.84%. First Custodian's return is significantly lower than Kinetic Trust's. Additionally, Ontic Finserve and Pyxis Finvest have negative six-month returns.

What does First Custodian do?

First Custodian Fund (India) Limited is a Non-Banking Financial Company (NBFC) focused on capital markets, with a market cap of INR 11 Cr and recent quarterly results showing net sales and profit of 0 Cr. The company has transitioned from lease and hire purchase activities since its incorporation in 1985.

Overview:<BR>First Custodian Fund (India) Limited operates in the Non Banking Financial Company (NBFC) sector, focusing on capital markets.<BR><BR>History:<BR>The company was incorporated on May 7, 1985, and has transitioned from concentrating solely on lease and hire purchase activities to focusing on capital markets. The latest quarterly results reported net sales and net profit of 0 Cr for March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 11 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 9 <BR>Dividend Yield: 1.39% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -1.86% <BR>Price to Book: 0.72 <BR><BR>Contact Details:<BR>Address: 11 Camac Street, Kolkata West Bengal: 700017 <BR>Phone: +91-033-28821628/222503 <BR>Email: tfcfil@rediffmail.com <BR>Website: http://www.firstcustodianfund.com

When is the next results date for First Custodian Fund(I) Ltd?

The next results date for First Custodian Fund(I) Ltd is 29 May 2026.

The next results date for First Custodian Fund(I) Ltd is scheduled for 29 May 2026.

Are First Custodian Fund(I) Ltd latest results good or bad?

The latest results for First Custodian Fund (I) Ltd are poor, with a 75% decline in net sales and a 95.83% drop in net profit year-on-year. The company's financial health raises serious concerns, leading to a "STRONG SELL" advisory rating.

The latest results for First Custodian Fund (I) Ltd are decidedly poor. The company reported net sales of just ₹0.01 crores for Q2 FY2026, which is a staggering 75% decline year-on-year. Net profit also plummeted to ₹0.02 crores, marking a 95.83% drop compared to the same quarter last year. <BR><BR>The company's profitability metrics are misleadingly high, with a PAT margin of 200%, but this is primarily due to the extremely low revenue base. The operational performance indicates severe distress, with minimal business activity and a significant decline in client engagement. <BR><BR>Overall, the financial health of First Custodian Fund raises serious concerns about its viability in the competitive financial services landscape. The stock has been in a freefall, down 51.60% over the past year, and technical indicators suggest a bearish outlook. The proprietary advisory rating is a "STRONG SELL," reflecting the overall sentiment surrounding the company's future prospects. <BR><BR>In summary, the results are bad, highlighting a company struggling to maintain its operations and relevance in the market.

Is First Custodian overvalued or undervalued?

As of December 4, 2025, First Custodian is fairly valued with a PE ratio of 28.60, despite a year-to-date stock decline of 46.97%, while peers like Bajaj Finance are rated very expensive and Life Insurance very attractive.

As of 4 December 2025, the valuation grade for First Custodian has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 28.60, a Price to Book Value of 0.78, and a negative EV to EBIT of -1.46. In comparison to peers, Bajaj Finance is rated as very expensive with a PE ratio of 34.9, while Life Insurance is considered very attractive with a PE ratio of 10.85.<BR><BR>Despite the fair valuation, First Custodian has underperformed in recent stock returns, with a year-to-date decline of 46.97%, compared to a 9.12% increase in the Sensex. This performance may indicate market concerns that could affect future valuations, but based on the current ratios and peer comparisons, the company appears to be fairly valued at this time.

How has been the historical performance of First Custodian?

First Custodian's historical performance shows mixed results, with net sales peaking at 0.28 Cr in Mar'22 and Mar'23 but declining to 0.11 Cr by Mar'25. However, total operating income and profitability have significantly improved, with profit after tax rising from 0.15 Cr in Mar'20 to 1.74 Cr in Mar'25, despite challenges in consistent sales and cash flow.

Answer:<BR>The historical performance of First Custodian shows a mixed trend in financial metrics over the years.<BR><BR>Breakdown:<BR>First Custodian's net sales have fluctuated, with a peak of 0.28 Cr in both Mar'22 and Mar'23, followed by a decline to 0.11 Cr in Mar'25. However, other operating income has shown significant growth, increasing from 0.68 Cr in Mar'19 to 2.94 Cr in Mar'25. Total operating income also rose from 0.82 Cr in Mar'19 to 3.05 Cr in Mar'25. The total expenditure, excluding depreciation, has gradually increased from 0.40 Cr in Mar'19 to 0.74 Cr in Mar'25. Operating profit (PBDIT) has seen a substantial rise, reaching 2.31 Cr in Mar'25, compared to just 0.29 Cr in Mar'20. Profit before tax has also improved, from 0.20 Cr in Mar'20 to 2.20 Cr in Mar'25, while profit after tax increased from 0.15 Cr in Mar'20 to 1.74 Cr in Mar'25. The earnings per share (EPS) have surged from 1.0 in Mar'20 to 11.6 in Mar'25. On the balance sheet, total assets grew from 14.78 Cr in Mar'20 to 16.05 Cr in Mar'25, with total liabilities also increasing from 12.98 Cr to 16.05 Cr in the same period. Cash flow from operating activities has been variable, with a notable drop to 1.00 Cr in Mar'25 from 3.00 Cr in Mar'24. Overall, while First Custodian has experienced growth in income and profitability, it has faced challenges in maintaining consistent sales and cash flow.

Should I buy, sell or hold First Custodian?

What is the technical trend for First Custodian?

As of June 6, 2025, First Custodian's technical trend is mildly bearish, supported by bearish weekly MACD, mildly bearish monthly MACD, and mixed signals from Bollinger Bands and KST indicators.

As of 6 June 2025, the technical trend for First Custodian has changed from bearish to mildly bearish. The weekly MACD remains bearish while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The daily moving averages also reflect a mildly bearish stance. The Bollinger Bands show a mildly bearish trend on the weekly chart but are bullish on the monthly, suggesting mixed signals. The KST is bearish weekly and mildly bearish monthly, further supporting the overall mildly bearish outlook. The Dow Theory indicates a mildly bullish trend on the weekly timeframe, but there is no clear trend on the monthly. Overall, the current technical stance is mildly bearish, with key indicators like MACD and moving averages driving this assessment.

Who are the top shareholders of the First Custodian?

The top shareholders of First Custodian are Sangharsh Finvest Pvt Ltd with 24.98%, Dhanlaxmi Enterprises Limited at 4.6%, and individual investors holding a combined 36.0%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of First Custodian include Sangharsh Finvest Pvt Ltd, which holds the highest stake at 24.98%. Other notable shareholders are Dhanlaxmi Enterprises Limited, with a 4.6% holding, and individual investors collectively holding 36.0% of the shares. There are currently no mutual funds or foreign institutional investors involved in the company's shareholding.

Has First Custodian declared dividend?

Yes, First Custodian Fund(I) Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 19, 2024. The fund has shown strong total returns across various periods, particularly over the long term.

First Custodian Fund(I) Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 19 Sep 24<BR><BR>Dividend Yield: 0.86%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 7.03%, with no dividend return, resulting in a total return of 7.03%.<BR><BR>For the 1-year period, the price return was 51.21%, the dividend return was 1.05%, leading to a total return of 52.26%.<BR><BR>Over the 2-year period, the price return was 284.78%, with a dividend return of 5.56%, culminating in a total return of 290.34%.<BR><BR>In the 3-year period, the price return was 162.95%, the dividend return was 4.22%, resulting in a total return of 167.17%.<BR><BR>For the 4-year period, the price return was 267.35%, with a dividend return of 5.88%, leading to a total return of 273.23%.<BR><BR>In the 5-year period, the price return was 267.35%, the dividend return was 5.88%, resulting in a total return of 273.23%.<BR><BR>Overall, First Custodian Fund(I) Ltd has declared a dividend, contributing positively to the total returns across various periods, particularly notable in the longer-term returns where the price appreciation significantly outweighs the dividend contributions.