BSE: 539265
Amrapali Fincap Limited
Operates in finance and broking with activity in financial and capital markets, classified as an Investment Company. Revenue from operations in FY26 fell to Rs 1,948.87 lakh from Rs 2,615.14 lakh in FY25, driven by lower stock-in-trade purchases and trading volumes. Total income for FY26 came in at Rs 2,097.75 lakh against Rs 2,735.10 lakh in the prior year. The balance sheet is debt-free, with shareholders' funds of Rs 14,939.99 lakh at H1 FY26 and total assets of Rs 150.10 crore at FY26 end. Profit after tax in FY26 rose to Rs 78.29 lakh from Rs 32.20 lakh in FY25, supported by lower operating costs, higher other income, and MAT credit adjustments. The Board has approved a Scheme of Arrangement for amalgamation with Ampire Finance Private Limited, an unlisted NBFC engaged in lending, which awaits NCLT, shareholder and creditor approvals. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Finance and broking / stock-in-trade trading. Small, debt-free listed finance and broking entity
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 13 | 115 | 1 | 26 | 19 |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | — | — |
| EPS, as reported (₹) | 0.36 | 0.44 | 0.06 | 0.24 | 0.58 |
| ROE % · ROCE % | — · 0.8 | — · 0.4 | — · 0.1 | — · 0.4 | — · 0.4 |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 2 | (9) | (1) | (1) | (2) |
| Capex | — | — | — | (0) | (1) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 114 | 2 | (1) | 1 | 25 | 3 | 16 |
| Profit before tax | 0 | 0 | 0 | (0) | 0 | 0 | 0 | 0 |
| Net profit | — | — | — | — | — | — | — | — |
| EPS (₹) | 0.13 | 0.27 | 0.19 | (0.13) | 0.21 | 0.03 | 0.18 | 0.41 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| JIO FIN SERVICES LTD | 1,35,496 | 63.7 | 1.01 | — | 1.2 | — | — | 70.7 |
| ADITYA BIRLA CAPITAL LTD. | 97,598 | 22.8 | 2.65 | — | 10.5 | — | 18.8 | 40.8 |
| L&T FINANCE LIMITED | 61,858 | 19.4 | 2.21 | — | 10.6 | — | 5.5 | 62.3 |
| TATA INVESTMENT CORP LTD | 28,442 | 66.0 | 0.97 | — | 1.5 | — | 19.5 | 92.6 |
| CHOLAMANDALAM FIN HOL LTD | 24,545 | 9.2 | 0.72 | — | 16.2 | — | 23.0 | 58.4 |
| TVS HOLDINGS LIMITED | 23,883 | 12.1 | 1.85 | — | 26.3 | — | 23.4 | 16.4 |
| MAHARASHTRA SCOOTERS LTD | 13,373 | 48.0 | 0.48 | — | 1.1 | — | — | 84.1 |
| JSW HOLDINGS LIMITED | 12,440 | 90.6 | 0.38 | — | 0.4 | — | 14.1 | 84.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 60.4 | 19.9 | 42 of 51 | 18% |
| ROCE | 0.4 | 0.4 | 14 of 28 | 52% |
| Market cap | 67 | 273 | 49 of 68 | 28% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · RTA compliance certificate filed under SEBI Regulation 74(5) for Q2 | compliance | minimal | — | — |
| 13 Oct 2026 · Amrapali Fincap appoints Urshita Mittalbhai Patel as Independent Director | management changes | medium | — | — |
| 13 Oct 2026 · Appointment of Independent Director Urshita Mittalbhai Patel | management changes | medium | — | — |
| 29 Sept 2026 · AGM voting results: all 3 resolutions passed unanimously | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Summary of 22nd AGM proceedings held on September 28, 2026 | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 ahead of H1 FY26 results | compliance | minimal | — | — |
| 3 Sept 2026 · Notice of 22nd AGM on September 28, 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Amrapali Fincap board re-appoints Independent Director for 5 years | management changes | medium | — | — |
| 3 Sept 2026 · Board re-appoints Independent Director for second term | management changes | medium | — | — |
| 15 Jul 2026 · Routine SEBI Reg 74(5) filing, no physical shares dematted in Q1 FY27 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.