IndoStar Capital Finance
- Market cap
- ₹ 2,632 Cr.
- P/E
- 68.2x
- P/B
- 0.74x
- 52-week range
- 160.83 – 292
- ROE
- −24%
- Dividend yield
- 0%
- Debt / equity
- 1.46
- Sector
- Finance
- Industry
- Non Banking Financial Company (NBFC)
- Listed on
- NSE, BSE
About
IndoStar Capital Finance Limited is an India-based Non-Banking Finance Company (NBFC), which provides end-to-end lending, financing, and credit solutions. The Company’s segments include Large Corporate, Small and Medium Enterprise (SME), Commercial Vehicle, and Housing finance. The Large Corporate segment provides loans to medium-and large-sized corporates, institutional customers, and real estate developers. The SME segment provides lending to small and medium enterprises for business financing needs, including working capital, business expansion or other requirements. The Commercial Vehicle segment primarily consists of financing for used and new vehicles. Its Housing finance segment consists of affordable home financing for self-employed and salaried customers. Its products include Commercial Vehicle, Construction Equipment, Farm Equipment, and Insurance. Its subsidiaries are IndoStar Asset Advisory Private Limited and IndoStar Home Finance Private Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Non Banking Financial Company (NBFC): 288 companies →IndoStar Capital Finance against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)68.2 against a typical 22.5: pricier than most peers (1st = cheapest).207th of 284
- Sales growth+5.8% against a typical +18.3% from a year earlier.162nd of 259
- Profit growth−98% against a typical +20.2% from a year earlier.196th of 214
- Share price, 3 months−29.1% against a typical −4.2%.241st of 258
- Size₹ 2,631.8 Cr. market value against a typical ₹ 43 Cr. (1st = largest).25th of 269
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | — | 30 Sep 2026 |
| CRISIL | Withdrawn | Stable | 28 Jul 2026 |
| ICRA | [ICRA]AAA(SO) | — | 13 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 30 Sep 2026 | Withdrawn | — | — | CARE | — | |
| 21 Aug 2026 | Withdrawn | — | — | CARE | — | |
| 18 Aug 2026 | Withdrawn | — | — | CARE | — | |
| 28 Jul 2026 | Withdrawn | was Crisil AA- | — | CRISIL | ₹ 11,495.3 Cr. | |
| 22 Jul 2026 | ▼ Downgrade1 notch | CARE AA- → CARE A+ (SO) | — | CARE | ₹ 52.63 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 29 Jul 2026 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising |
| 27 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 9 Feb 2026 | Financial Results | INDOSTAR : 09-Feb-2026 : The Company has informed the Exchange that a Board meeting to be held on January 29, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on February 09, 2026, To consider and approve the financial results for the period ended December 31, 2025 |
| 29 Jan 2026 | Financial Results | Board meeting schedule on January 29, 2026 to consider and approve un-audited financial results for the quarter and nine months ended December 31, 2025 |
| 30 Oct 2025 | Financial Results | Board meeting schedule on October 30, 2025 to consider and approve un-audited financial result for the quarter and half year ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | We wish to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, August 13, 2025, inter-alia, :(i) To consider and approve the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2025; and(ii) To consider and approve the Issue of Non-Convertible Debentures for an amount not exceeding INR 6,000 crore in year through private placement.(iii) To fix the date and time of convening the 16th Annual General Meeting ( AGM ) of the Company and to approve the Notice of the 16th AGM, which inter alia includes the proposal (s) for (i) raising of funds by way of issuance of eligible debt securities. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 234 | 238 | 391 | 307 | 352 | 373 | 373 | 344 | 357 | 346 | 347 | 364 |
| Interest | 141 | 145 | 162 | 167 | 188 | 193 | 193 | 185 | 167 | 137 | 132 | 144 |
| Expenses | 78 | 76 | 205 | 124 | 139 | 162 | 161 | 622 | 172 | 193 | 633 | 204 |
| Financing Profit | 16 | 17 | 24 | 16 | 26 | 18 | 18 | −464 | 18 | 16 | −418 | 15 |
| Financing Margin % | 7% | 7% | 6% | 5% | 7% | 5% | 5% | −135% | 5% | 5% | −120% | 4% |
| Other Income | 15 | 7 | 19 | 17 | 14 | 17 | 26 | 1,186 | 0 | 0 | 0 | 3 |
| Depreciation | 6 | 7 | 7 | 8 | 8 | 7 | 8 | 7 | 8 | 8 | 6 | 6 |
| Profit before tax | 25 | 17 | 35 | 25 | 32 | 28 | 36 | 715 | 11 | 8 | −424 | 11 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 24% | 0% | 0% | 0% | 0% |
| Net Profit | 25 | 17 | 35 | 25 | 32 | 28 | 36 | 546 | 10 | 8 | −424 | 11 |
| EPS in Rs | 1.82 | 1.24 | 2.59 | 1.83 | 2.33 | 2.04 | 2.66 | 39.92 | 0.77 | 0.51 | −26.24 | 0.71 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 2%
- 3 Years
- 6%
- TTM
- −2%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 8%
- 10 Years
- —
- 5 Years
- −3%
- 3 Years
- 12%
- TTM
- —
- 10 Years
- −4%
- 5 Years
- −8%
- 3 Years
- −8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| IndoStar Capital Finance | ₹ 194.80 | ₹ 2,632 Cr. | 68.2x | 0.7x | −24% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Randhir Singh
- Executive Vice Chairman of the Board, Managing Director
- Jayesh Jain
- Chief Financial Officer
- Shreejit Menon
- Deputy Chief Executive Officer of IndoStar Home Finance Private Limited
- Amit Kumar Khan
- Chief Operating Officer
- Jasmine Bawa
- Chief Human Resources Officer
- Shivam Choudhary
- Chief Technology Officer
- Binoy Parikh
- Compliance Officer
- Nitin Gyanchandani
- Chief Risk Officer
Prices are delayed and for information only. Nothing on this page is investment advice.