Usha Financial Services
- Market cap
- ₹ 215 Cr.
- P/E
- 8.7x
- P/B
- 0.98x
- 52-week range
- 26.75 – 56.45
- ROE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 0.77
- Sector
- Finance
- Industry
- Non Banking Financial Company (NBFC)
- Listed on
- NSE SME
About
Usha Financial Services Limited is an India-based non-banking finance company (NBFC). The Company provides lending solutions to fellow NBFCs and corporates; micro, small, and medium enterprises (MSMEs), and individual, particularly to women entrepreneurs. Its services also extend to electric vehicle (EV) financing. Its business model includes retail lending and wholesale lending. Its retail lending business model includes green finance lending, and MSMEs including shopkeepers and individual. Under the green finance lending, it provides financial support for initiatives that promote environmental sustainability, such as EV and E-battery financing. This lending is facilitated through authorized dealers who distribute and support these EV and E- Battery. Under the wholesale lending business model, the Company offers financing solutions to fellow NBFCs for further lending to individual consumers or businesses and other body corporates for their working capital requirement.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Non Banking Financial Company (NBFC): 288 companies →Usha Financial Services 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)8.7 against a typical 22.5: cheaper than most peers (1st = cheapest).54th of 284
- Sales growth+16.6% against a typical +18.3% from a year earlier.136th of 259
- Profit growth+50.1% against a typical +20.2% from a year earlier.75th of 214
- Share price, 3 months+60.5% against a typical −4.2%.9th of 258
- Size₹ 215.2 Cr. market value against a typical ₹ 43 Cr. (1st = largest).68th of 269
Latest announcements
Exchange filings and their impact on the company.
- 16 Oct 2026Outcome of Board MeetingLow impactNeutralAllotted 279 secured 12% NCDs in a small private debt raise to fund loan growth.
On October 16, 2026, Usha Financial Services allotted the second tranche of 279 unlisted 12% secured redeemable non-convertible debentures (Series R) on a private placement basis. The filing does not disclose face value or total amount. The money will add to borrowings to fund the NBFC's lending business.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 24 Sep 2026 | Fund Raising | To consider Fund Raising |
| 19 Sep 2026 | Board Meeting Intimation | USHA FINANCIAL SERVICES LIMITED has informed the Exchange about Board Meeting to be held on 19-Sep-2026 to consider Fund raising. |
| 15 Sep 2026 | Fund Raising/Other business matters | To consider Fund Raising through issuance of Unlisted Non-Convertible Debentures. |
| 12 Aug 2026 | Other business matters | To consider and approve the unaudited standalone financial results for the period ended June 30, 2026 and limit for Fund Raising through offer and issuance of Non-Convertible Debentures |
| 22 Jun 2026 | Fund Raising | To consider and approve the allotment of 12% Secured Redeemable Non-Convertible Debentures (Series Q) on private placement basis |
| 21 May 2026 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, Fund Raising and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 17 | 17 | 17 | 17 | 19 | 18 | 20 |
| Interest | 6 | 7 | 6 | 6 | 6 | 6 | 5 | 5 |
| Expenses | 2 | 4 | 9 | 4 | 5 | 4 | 3 | 4 |
| Financing Profit | 6 | 6 | 2 | 7 | 6 | 10 | 9 | 11 |
| Financing Margin % | 41.6% | 36.5% | 11.3% | 43.1% | 33.6% | 50.2% | 52% | 55.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 6 | 6 | 2 | 7 | 5 | 9 | 9 | 11 |
| Tax % | 24.8% | 24.3% | 38.5% | 25.1% | 25.4% | 28.8% | 25.8% | 25.5% |
| Net Profit | 4 | 5 | 1 | 5 | 4 | 7 | 7 | 8 |
| EPS in Rs | 1.32 | 1.05 | 0.23 | 1.23 | 0.92 | 1.52 | 1.51 | 1.85 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 16%
- TTM
- 15%
- 10 Years
- —
- 5 Years
- 42%
- 3 Years
- 30%
- TTM
- 67%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 10%
- 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.
| Usha Financial Services | ₹ 53.50 | ₹ 215 Cr. | 8.7x | 1x | 10% | — |
| 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
- Geeta Goswami
- Chief Executive Officer, Director
- Prashant Raghuwanshi
- Chief Financial Officer
- Rajesh Gupta
- Managing Director (Promoter), Executive Director
- Kritika ..
- Company Secretary
- Neha Sharma
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.