Indostar Capital

Why is Indostar Capital Finance Ltd falling/rising?

As of 20-Aug, Indostar Capital Finance Ltd's stock price is rising to 251.60, driven by a 103.9% increase in profit before tax and record net sales. However, concerns about low return on equity, declining operating profit, and reduced investor participation indicate mixed signals for its long-term viability.

As of 20-Aug, Indostar Capital Finance Ltd's stock price is rising, currently at 251.60, with a change of 1.1 (0.44%) upwards. This increase can be attributed to several positive factors in its recent performance. Notably, the company reported a significant growth in profit before tax (PBT) of 103.9% compared to the previous four-quarter average, reaching Rs 8.63 crore. Additionally, net sales for the quarter were the highest recorded at Rs 363.87 crore, and the profit after tax (PAT) also reached a peak of Rs 11.47 crore.<BR><BR>In the short term, the stock has outperformed the benchmark Sensex, with a weekly return of +1.68% compared to the Sensex's -0.69%. However, despite these positive indicators, there are underlying concerns regarding the company's long-term fundamentals. The average return on equity (ROE) is low at 2.22%, and the operating profit has seen a decline at an annual rate of -11.54%. Furthermore, the stock's valuation appears expensive with a Price to Book Value of 1.1, and over the past year, it has generated a return of -7.97% while profits have decreased by -25.4%.<BR><BR>Investor participation has also been declining, as evidenced by a significant drop in delivery volume by -56.59% against the five-day average. This suggests that while the stock is currently rising, there are mixed signals regarding its long-term viability and investor confidence.

Which are the latest news on Indostar Capital?

Who are in the management team of Indostar Capital?

The management team of Indostar Capital includes Chairman Dhanpal Jhaveri, CEO Karthikeyan Srinivasan, and several Independent Non-Executive Directors, bringing diverse expertise to the company.

The management team of Indostar Capital includes the following individuals:<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 and experience to the company.

What does Indostar Capital do?

IndoStar Capital Finance Ltd is a small-cap Non-Banking Financial Company (NBFC) established in 2009, focusing on providing financial services. As of June 2026, it reported net sales of ₹364 Cr and a net profit of ₹11 Cr, with a market cap of ₹3,936 Cr.

Overview:<BR>IndoStar Capital Finance Ltd operates as a Non Banking Financial Company (NBFC) within 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 reported quarter for net sales and profit is June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 364 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 11 Cr (Quarterly Results - Jun 2026)<BR>- Market cap: INR 3,936 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 21<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 1.45<BR>- Return on Equity: -20.12%<BR>- Price to Book: 1.05<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

Who are the peers of the Indostar Capital?

Indostar Capital's peers include Dhenu Buildcon, Northern ARC, SG Finserve, Ashika Global Se, Mufin Green, Kalyani Invest., Arman Financial, and Grand Oak Canyon. While Grand Oak Canyon leads in 1-year returns at 91.12%, Indostar Capital has underperformed with a return of -9.49%.

Peers: The peers of Indostar Capital are Dhenu Buildcon, Northern ARC, SG Finserve, Ashika Global Se, Mufin Green, Kalyani Invest., Arman Financial, and Grand Oak Canyon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Northern ARC, SG Finserve, Ashika Global Se, Mufin Green, and Kalyani Invest., while Below Average management risk is found at Indostar Capital, Dhenu Buildcon, and Grand Oak Canyon, and Average management risk is present at Arman Financial. Growth is Excellent for SG Finserve, Ashika Global Se, Mufin Green, and Kalyani Invest., while Below Average growth is noted for Indostar Capital and Dhenu Buildcon, and Average growth is seen at Northern ARC, with Good growth at Arman Financial. Capital Structure is Excellent for Northern ARC, SG Finserve, Ashika Global Se, Mufin Green, Kalyani Invest., and Arman Financial, while Indostar Capital has an Excellent rating, and the rest have varying ratings, with Dhenu Buildcon and Grand Oak Canyon not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Grand Oak Canyon at 91.12%, while Indostar Capital has a 1-year return of -9.49%, indicating a significant underperformance compared to Grand Oak Canyon. Additionally, Dhenu Buildcon and Grand Oak Canyon have negative six-month returns.

How big is Indostar Capital?

As of 14th August, Indostar Capital Finance Ltd has a market capitalization of 3,847.40 Cr, with recent net sales of 1,413.48 Cr and a net profit loss of 393.67 Cr over the last four quarters. Shareholder's funds are 3,635.42 Cr, and total assets amount to 12,939.15 Cr as of March 2025.

As of 14th August, <BR><BR>Market Cap: Indostar Capital Finance Ltd has a market capitalization of 3,847.40 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,413.48 Cr, while the sum of Net Profit for the same period reflects a loss of 393.67 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 3,635.42 Cr and Total Assets totaling 12,939.15 Cr.

Are Indostar Capital Finance Ltd latest results good or bad?

IndoStar Capital Finance Ltd's latest results show a mixed performance, with a net profit of ₹11.47 crore indicating recovery from previous losses, but a significant year-on-year decline of 97.90% raises concerns about sustainability. Investors should be cautious due to weak return on equity and high debt levels.

IndoStar Capital Finance Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹11.47 crore for Q1 FY27, which marks a significant recovery from the previous quarter's substantial loss. Additionally, net sales increased by 5.93% year-on-year and 4.96% quarter-on-quarter, reaching ₹363.87 crore, indicating some operational improvement.<BR><BR>However, when looking at the year-on-year performance, the net profit reflects a dramatic decline of 97.90%, which raises concerns about the sustainability of this recovery. The operating margin improved to 43.82%, a notable recovery from a negative margin in the previous quarter, but it still highlights the volatility in the company's earnings.<BR><BR>Furthermore, the company's return on equity (ROE) remains weak at 2.22%, and it has underperformed compared to its peers in the Non-Banking Financial Company (NBFC) sector, which raises questions about its long-term profitability and capital efficiency. The elevated debt-to-equity ratio of 1.45 also adds to the financial risk.<BR><BR>In summary, while there are signs of recovery in the latest quarter, the substantial year-on-year decline in profit and ongoing challenges with profitability and leverage suggest that the overall results are more concerning than positive. Investors should be cautious and consider these factors when evaluating the company's performance.

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 29 July 2026.

The next results date for Indostar Capital Finance Ltd is scheduled for 29 July 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.