Indostar Capital

Why is Indostar Capital Finance Ltd falling/rising?

As of 23-Jun, Indostar Capital Finance Ltd's stock price is declining at 244.85, down -0.87%, due to negative financial indicators and reduced investor sentiment. The company faces significant operational losses and liquidity concerns, leading to a poor market performance with a -26.00% return over the past year.

As of 23-Jun, Indostar Capital Finance Ltd is experiencing a decline in its stock price, currently at 244.85, which reflects a change of -2.15 (-0.87%). This downward movement is attributed to several negative factors impacting the company's financial health and investor sentiment. <BR><BR>The stock has been on a consecutive fall for the last two days, with a total decline of -1.89% during this period. Additionally, the stock touched an intraday low of Rs 236.8, marking a significant drop of -4.13%. The trading volume has also decreased, with delivery volume falling by -36.7% compared to the 5-day average, indicating reduced investor participation.<BR><BR>Financially, the company is facing severe challenges, including operating losses and a negative EBITDA of Rs -227.21 crore. The profit before tax (PBT) and profit after tax (PAT) have both seen drastic declines, with PBT falling by -255.6% and PAT by -422.4% compared to previous quarters. Furthermore, the company's cash and cash equivalents are at their lowest, amounting to Rs 310.38 crore, which raises concerns about liquidity and operational sustainability.<BR><BR>The stock's performance over the past year has significantly underperformed the market, with a return of -26.00% compared to the broader market's decline of -0.36%. This poor performance, coupled with the lack of investment from domestic mutual funds, suggests a lack of confidence in the company's future prospects. Overall, these factors contribute to the stock's current downward trajectory.

Which are the latest news on Indostar Capital?

What does Indostar Capital do?

IndoStar Capital Finance Ltd is a non-banking financial company (NBFC) established in 2009, focusing on the small-cap market segment. As of March 2026, it reported net sales of ₹347 Cr and a net loss of ₹424 Cr, with a market cap of ₹4,023 Cr.

Overview:<BR>IndoStar Capital Finance Ltd is a non-banking financial company (NBFC) operating in the small-cap market segment.<BR><BR>History:<BR>The company was incorporated in 2009 as 'R V Vyapaar Private Limited' and later registered as a non-public deposit taking NBFC in 2010. It changed its name to 'IndoStar Capital Finance Private Limited' in November 2010. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 347 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -424 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 4,023 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 1.45<BR>- Return on Equity: -20.12%<BR>- Price to Book: 1.06<BR><BR>Contact Details:<BR>Address: Unit No 505 5th Floor Wing2/E, Corporate Avenue Andheri East Mumbai Maharashtra : 400093<BR>Website: http://www.indostarcapital.com

How big is Indostar Capital?

As of 10th June, Indostar Capital Finance Ltd has a market capitalization of 4,023.00 Cr, with Net Sales of 1,393.12 Cr and a Net Profit of 140.44 Cr reported in the latest four quarters. The company has Shareholder's Funds of 3,635.42 Cr and Total Assets of 12,939.15 Cr for the annual period ending March 2025.

As of 10th June, Indostar Capital Finance Ltd has a market capitalization of 4,023.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Indostar Capital reported Net Sales of 1,393.12 Cr and a Net Profit of 140.44 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 3,635.42 Cr and Total Assets amounting to 12,939.15 Cr.

Who are in the management team of Indostar Capital?

The management team of Indostar Capital includes Dhanpal Jhaveri (Chairman), Karthikeyan Srinivasan (CEO), and several independent and non-executive directors, bringing diverse expertise to the company. Key members include Bobby Parikh, Hemant Kaul, and Nina Krishna Murthy, among others.

The management team of Indostar Capital includes the following members:<BR><BR>1. **Dhanpal Jhaveri** - Chairman & Non-Executive Director<BR>2. **Bobby Parikh** - Independent Non-Executive Director<BR>3. **Hemant Kaul** - Independent Non-Executive Director<BR>4. **Nina Krishna Murthy** - Independent Non-Executive Director<BR>5. **Vibhor Kumar Talreja** - Independent Non-Executive Director<BR>6. **Aditya Joshi** - Independent Non-Executive Director<BR>7. **Munish Dayal** - Non-Executive & Non-Independent Director<BR>8. **Karthikeyan Srinivasan** - Whole Time Director & CEO<BR><BR>This team brings a diverse range of expertise to the company. If you need more specific information about any of the members or their roles, feel free to ask!

Who are the peers of the Indostar Capital?

Indostar Capital's peers include Fedbank Financi., MAS FINANC SER, Paisalo Digital, Northern ARC, SG Finserve, Ashika Credit, and Kalyani Invest. Indostar Capital has below-average growth and the lowest 1-year return at -29.83% compared to its peers.

Peers: The peers of Indostar Capital are Fedbank Financi., MAS FINANC SER, Paisalo Digital, Northern ARC, SG Finserve, Ashika Credit, and Kalyani Invest.<BR><BR>Quality Snapshot: Excellent management risk is observed at Fedbank Financi., MAS FINANC SER, and the rest. Average management risk is found at Paisalo Digital, while Below Average management risk is noted for Northern ARC, Indostar Capital, SG Finserve, Ashika Credit, and Kalyani Invest. Growth is rated as Excellent for MAS FINANC SER, Paisalo Digital, Northern ARC, SG Finserve, Ashika Credit, Kalyani Invest, and the rest, while Indostar Capital has Below Average growth. Capital Structure is rated Excellent for Fedbank Financi., MAS FINANC SER, Paisalo Digital, Northern ARC, Indostar Capital, SG Finserve, Ashika Credit, Kalyani Invest, and the rest.<BR><BR>Return Snapshot: Paisalo Digital has the highest 1-year return at 76.42%, while Indostar Capital has the lowest at -29.83%. Indostar Capital's return is significantly lower than its peers. Additionally, MAS FINANC SER and Ashika Credit have negative six-month returns.

Are Indostar Capital Finance Ltd latest results good or bad?

IndoStar Capital Finance Ltd's latest Q4 FY26 results are concerning, showing a net loss of ₹423.93 crores and an operating margin of -82.46%, indicating significant financial distress and operational challenges. Investors should exercise caution due to the company's unresolved issues with asset quality and profitability.

IndoStar Capital Finance Ltd's latest results for Q4 FY26 are concerning and indicate significant financial distress. The company reported a net loss of ₹423.93 crores, which represents a staggering decline of 5207.59% compared to the previous quarter. This loss accounts for approximately 11.66% of the company's market capitalization, raising serious questions about its operational viability.<BR><BR>The operating margin for the quarter was an unprecedented -82.46%, marking the lowest on record for the company. This indicates that IndoStar is losing money on its core operations, even before accounting for interest and depreciation. Additionally, the return on equity (ROE) stands at a severely negative -8.05%, reflecting poor capital efficiency.<BR><BR>While the company did experience a slight increase in revenue, with a QoQ growth of 0.08%, it still represents a year-on-year decline of 6.95%. The overall financial performance suggests that despite some top-line growth, the underlying issues related to asset quality and profitability are significant and unresolved.<BR><BR>In summary, the latest results are decidedly negative, highlighting a critical situation for IndoStar Capital Finance Ltd. Investors should approach the stock with caution, given the severe operational challenges and the lack of institutional support.

Should I buy, sell or hold Indostar Capital Finance Ltd?

When is the next results date for Indostar Capital Finance Ltd?

The next results date for Indostar Capital Finance Ltd is 27 May 2026.

The next results date for Indostar Capital Finance Ltd is scheduled for 27 May 2026.

Is Indostar Capital technically bullish or bearish?

As of December 2, 2025, Indostar Capital's technical trend is mildly bearish, with mixed signals from key indicators like MACD, RSI, and Bollinger Bands suggesting a cautious outlook.

As of 2 December 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Bollinger Bands and moving averages are both indicating a mildly bearish stance on the weekly and daily charts. The KST is mildly bullish weekly but bearish monthly, while the Dow Theory is mildly bearish on the weekly chart. Overall, the indicators suggest a cautious outlook for Indostar Capital in the near term.

How has been the historical performance of Indostar Capital?

Indostar Capital's historical performance indicates fluctuating net sales and profitability, with a recovery in recent periods; net sales rose to 1,404.17 Cr in Mar'25, while net profit increased slightly to 120.52 Cr, despite challenges in managing expenditures and negative cash flow.

Answer:<BR>The historical performance of Indostar Capital shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Indostar Capital's net sales increased from 1,102.93 Cr in Mar'24 to 1,404.17 Cr in Mar'25, following a dip in Mar'23 at 1,174.34 Cr and a peak in Mar'20 at 1,527.89 Cr. The total operating income mirrored this trend, rising to 1,404.17 Cr in Mar'25 from 1,102.93 Cr in Mar'24. The company's total expenditure, excluding depreciation, also rose to 585.65 Cr in Mar'25 from 429.48 Cr in Mar'24, impacting operating profit, which stood at 824.01 Cr in Mar'25, slightly down from 858.45 Cr in Mar'23. Profit before tax decreased to 52.55 Cr in Mar'25 from 70.26 Cr in Mar'24, while profit after tax also saw a decline to 52.49 Cr from 70.22 Cr in the same period. The consolidated net profit for Mar'25 was reported at 120.52 Cr, a slight increase from 115.84 Cr in Mar'24, but significantly lower than 225.15 Cr in Mar'23. The company's total liabilities increased to 12,939.15 Cr in Mar'25 from 10,804.18 Cr in Mar'24, with total debt at 6,916.48 Cr. Cash flow from operating activities remained negative at -1,061.00 Cr in Mar'25, although cash and cash equivalents decreased to 96.00 Cr from 392.00 Cr in Mar'24. Overall, while Indostar Capital has shown signs of recovery in sales and net profit, challenges remain in managing expenditures and cash flow.

Is Indostar Capital overvalued or undervalued?

As of November 3, 2025, Indostar Capital is fairly valued with a PE ratio of -10.93, a Price to Book Value of 0.09, and an EV to EBITDA of 17.04, positioning it competitively within the NBFC sector despite recent underperformance against the Sensex.

As of 3 November 2025, Indostar Capital's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of -10.93, a Price to Book Value of 0.09, and an EV to EBITDA of 17.04. These ratios suggest that while the company is not generating profits (as indicated by the negative PE), its valuation metrics are more aligned with its peers in the industry.<BR><BR>In comparison to its peers, Indostar Capital's valuation appears reasonable. For instance, Bajaj Finance is categorized as very expensive with a PE ratio of 37.15, while Life Insurance is considered very attractive with a PE ratio of 11.94. This places Indostar Capital in a more competitive light within the Non-Banking Financial Company (NBFC) sector. Additionally, despite recent underperformance against the Sensex over the year, the stock has shown resilience with a 5.72% return over the past week, suggesting potential for recovery.

Who are the top shareholders of the Indostar Capital?

The top shareholder of Indostar Capital is Bcp V Multiple Holdings Pte Ltd, owning 56.2% of the shares. Other notable shareholders include 21 Foreign Institutional Investors with 2.68%, and Madhuri Madhusudan Kela, the highest public shareholder with 2.48%.

The top shareholders of Indostar Capital include Bcp V Multiple Holdings Pte Ltd, which holds the largest share at 56.2%. The company has a diverse shareholder base, with 21 Foreign Institutional Investors (FIIs) collectively holding 2.68%. Additionally, Madhuri Madhusudan Kela is noted as the highest public shareholder with a stake of 2.48%. Individual investors account for 13.36% of the holdings, while mutual funds have a minimal presence with just 0.01% held by one scheme. Overall, the majority of the shares are held by promoters.

Has Indostar Capital declared dividend?

Indostar Capital Finance Ltd has declared a 10% dividend, amounting to ₹1 per share, but the dividend yield is 0%. While the company has shown significant price appreciation over the years, the dividend has not contributed to returns in recent periods.

Indostar Capital Finance Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 19 Nov 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 8.13%, with a dividend return of 0%, resulting in a total return of 8.13%.<BR><BR>For the 1-year period, the price return was 49.68%, with a dividend return of 0%, leading to a total return of 49.68%.<BR><BR>Over the 2-year period, the price return was 116.03%, with a dividend return of 0%, giving a total return of 116.03%.<BR><BR>In the 3-year period, the price return was 132.41%, with a dividend return of 0%, resulting in a total return of 132.41%.<BR><BR>For the 4-year period, the price return was -14.06%, with a dividend return of 0%, leading to a total return of -14.06%.<BR><BR>In the 5-year period, the price return was 18.25%, with a dividend return of 0%, resulting in a total return of 18.25%.<BR><BR>Overall, while Indostar Capital has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant price appreciation over the years, particularly in the 1, 2, and 3-year periods.