IndoStar Capital Finance Limited
₹183.30-₹3.30 (-1.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹3,673 Cr
- EV / EBITDA
- 12.1x
- Revenue
- ₹1,408 Cr
- Net margin
- 6.5%
- ROCE
- 7.6%
Price chart
Technical chartScreen technicals →-25.6% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -14.0%
- 3M
- -29.7%
- 6M
- -9.5%
- 1Y
- -25.6%
- 5Y
- -32.6%
52-week range
Day change -₹3.30 (-1.8%) from ₹187 to ₹183 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in INDOSTAR, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Operating margin of 59.9% exceeds Financial Services median (59.5%)
Concerns1
- Low return on equity of 1.5%
Rule-based from financial data. Not advice.
About the company
IndoStar Capital Finance Limited, a non-banking financial company, provides various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India.
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IndoStar Capital Finance Limited, a non-banking financial company, provides various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. The company offers vehicle finance services, including loans for commercial vehicles, farm equipment, four and two-wheelers, and construction equipment; home finance; and financing for used and new vehicles, as well as insurance products, such as life, motor, and accident cover and critical illness. It also provides small ticket micro loan against property finance services; small business loan for working capital and business expansion; and education, marriage, medical, and corporate lending products. The company was incorporated in 2009 and is based in Mumbai, India. IndoStar Capital Finance Limited operates as a subsidiary of BCP V Multiple Holdings Pte. Ltd.
- Sector
- Financial Services
- Shares outstanding
- 16.3 Cr shares
- ISIN
- INE896L01010
- BSE code
- 541336
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹3,673 Cr
- P/B
- 0.8x
- EV / EBITDA
- 12.1x
- EV / Sales
- 7.4x
- P/S
- 3.3x
- 52-week high
- ₹275.05
- 52-week low
- ₹163.15
Profitability
- Operating margin
- 59.9%
- Net margin
- 6.5%
- EBITDA margin
- 61.5%
- ROE
- 1.5%
- ROCE
- 7.6%
- ROA
- 0.8%
- Dividend payout
- 0.0%
- Tax rate
- 0.0%
- Other income, % of PBT
- 25.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,408 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 27.2%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -6.4%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹681 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -8.1%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -26.4%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹1,719 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -278.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹296 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 15.4%
Solvency and efficiency
- Current ratio
- 37.76
- Debt / Assets
- 0.64
- Debt / EBITDA
- 8.88
- Financial leverage
- 3.03
- CFO / Net profit
- -23.88
- Cash / Market cap
- 202.9%
- Cash per share
- ₹458.58
- Asset turnover
- 0.12
- Fixed asset turnover
- 3.02
- Capital intensity
- 0.33
- Debtor days
- 0 days
- Cash conversion cycle
- 0 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹1,408 Cr |
| Expenses | ₹588 Cr |
| Operating profit | ₹820 Cr |
| Other income | ₹4 Cr |
| Interest | ₹741 Cr |
| Depreciation | ₹31 Cr |
| Profit before tax | ₹53 Cr |
| Tax and other | ₹0 Cr |
| Net profit | ₹53 Cr |
Revenue and net profit
Revenue grew 27.2% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,191 Cr | -₹241 Cr |
| FY2022 | ₹1,052 Cr | -₹769 Cr |
| FY2023 | ₹972 Cr | ₹187 Cr |
| FY2024 | ₹1,107 Cr | ₹72 Cr |
| FY2025 | ₹1,408 Cr | ₹53 Cr |
Cash flows
FY2025: -₹1,061 Cr from operations, -₹1,365 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹1,264 Cr | ₹279 Cr |
| FY2022 | -₹1,100 Cr | ₹97 Cr |
| FY2023 | ₹962 Cr | ₹729 Cr |
| FY2024 | -₹1,719 Cr | -₹1,045 Cr |
| FY2025 | -₹1,061 Cr | -₹1,365 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,408 Cr+27.2%1Y
- Net profit
- ₹53 Cr-26.4%1Y
- Cash from operations
- -₹1,061 Cr
- Free cash flow
- -₹1,365 Cr
- Revenue CAGR, 5Y
- -6.4%
- EBITDA CAGR, 5Y
- 9.2%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,408 Cr | ₹820 Cr | — | ₹53 Cr | -₹1,061 Cr | -₹1,365 Cr | 1.5% | +27.2% | -26.4% |
Monthly returns
Month-by-month returns of INDOSTAR across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹10,762 Cr |
| Equity capital | ₹136 Cr |
| Reserves | ₹3,290 Cr |
| Borrowings | ₹6,916 Cr |
| Other liabilities | ₹420 Cr |
| Assets | ₹10,762 Cr |
| Fixed assets | ₹365 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹1,818 Cr |
| Other assets | ₹8,579 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
INDOSTAR has no positive P/E; the peer median is 26.9x.
Not shown (no positive earnings and no EV / Sales): IndoStar Capital Finance Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| IndoStar Capital Finance LimitedINDOSTARthis company | ₹3,673 Cr | — | 0.8x | 1.5% | 12.1x |
| Northern Arc Capital Ltd.NORTHARC | ₹4,246 Cr | 12.2x | 1.2x | 10.1% | 10.2x |
| JANA SMALL FINANCE BANK LIMITEDJSFB | ₹4,242 Cr | 10.3x | 1.0x | — | — |
| ZAGGLE PREPAID OCEAN SERVICES LIMITEDZAGGLE | ₹4,112 Cr | 36.9x | 3.1x | 7.0% | 49.8x |
| ANAND RATHI SHARE AND STOCK BROKERS LIMITEDARSSBL | ₹3,975 Cr | 40.0x | 3.0x | 20.6% | 18.7x |
| Indo Thai Securities LimitedINDOTHAI | ₹3,287 Cr | 85.8x | 15.3x | 5.0% | 148.9x |
| Share India Securities LimitedSHAREINDIA | ₹3,277 Cr | 15.0x | 1.6x | 12.6% | 6.5x |
| PAISALO DIGITAL LIMITEDPAISALO | ₹3,173 Cr | 15.6x | 1.9x | — | — |
| Nalwa Sons Investment LtdNSIL | ₹3,172 Cr | 153.0x | 0.2x | 0.2% | 48.8x |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
INDOSTAR since 1 January, against earlier years.
Historical volatility
INDOSTAR's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 39.0% |
| FY2022 | -37.0% |
| FY2023 | 74.0% |
| FY2024 | 60.0% |
| FY2025 | 58.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,408 Cr |
| Costs | |
| Interest | ₹741 Cr |
| Expenses | ₹588 Cr |
| Operating profitOperating Profit | ₹820 Cr |
| Other income and charges | |
| Profit before tax | ₹53 Cr |
| Tax | |
| Net profitNet Profit | ₹53 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹10,762 Cr |
| Equity capitalEquity Capital | ₹136 Cr |
| Reserves | ₹3,290 Cr |
| Borrowings | ₹6,916 Cr |
| Other liabilitiesOther Liabilities | ₹420 Cr |
| AssetsTotal Assets | ₹10,762 Cr |
| Fixed assetsFixed Assets | ₹365 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹1,818 Cr |
| Other assetsOther Assets | ₹8,579 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹1,061 Cr |
| Investing cash flowCash from Investing Activity | -₹304 Cr |
| Financing cash flowCash from Financing Activity | ₹1,070 Cr |
| Change in cashNet Cash Flow | -₹296 Cr |
Learn while you research
Academy chapters picked for IndoStar Capital Finance Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing27% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read