BSE: 531310
AVAILABLE FINANCE LTD.
Operates as a listed entity within the Agarwal Group, based in Indore, classified under Other Financial Services. On a standalone basis, direct operations are small, with total revenue of ₹60.47 lakh for FY26, and the cost base dominated by employee expenses at 19.9% of revenue and other operating expenses at 28.2%. The earnings profile on a consolidated basis is shaped very differently: consolidated profit for FY26 of ₹107.36 crore is driven almost entirely by the share of profits from two associates, Agarwal Coal Corporation and Agarwal Fuel Corporation, which together contributed ₹10,714.06 lakh to consolidated profit. Total assets stood at ₹1,307.50 crore at FY26-end. In March 2026, the company was reclassified from a subsidiary to an associate of Archana Coal Private Limited after that promoter entity sold an 8% stake. Equity share capital comprises 1,02,03,700 shares of ₹10 each. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Standalone operations, Share of profits from associates (Agarwal Coal Corporation, Agarwal Fuel Corporation). Small listed holding entity; consolidated earnings driven by associates in coal and fuel
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 |
| EBITDA (ex other income) | 0 | 0 | 0 | 0 | 0 |
| margin % | 62.2 | 62.8 | 53.1 | 53.0 | 51.9 |
| Owners' profit | 209 | 172 | 119 | 104 | 107 |
| EPS, as reported (₹) | 204.78 | 168.74 | 116.45 | 102.13 | 105.22 |
| ROE % · ROCE % | 28.2 · — | 18.3 · — | 11.0 · — | 8.7 · — | 8.2 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (1) | 2 | 0 | 0 | (0) |
| Capex | (0) | 0 | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 35 | 16 | 21 | 32 | 37 | 23 | 27 | 20 |
| EPS (₹) | 34.75 | 15.72 | 20.23 | 31.42 | 36.74 | 22.88 | 26.09 | 19.51 |
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. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 34,420 | 38.9 | 10.52 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,203 | 18.4 | 3.87 | 8.9 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,251 | — | 2.58 | 38.5 | 4.5 | 5.3 | 32.8 | 4.3 |
| PRIME SECURITIES LIMITED | 947 | 169.1 | 3.69 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 945 | 28.6 | 5.56 | 18.1 | 22.5 | 30.3 | — | 97.5 |
| CENTRUM CAPITAL LIMITED | 903 | — | 0.69 | 9.6 | (21.4) | (2.5) | 49.7 | 29.7 |
| REGENCY FINCORP LIMITED | 564 | 51.6 | 3.52 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 509 | — | 1623.78 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.3 | 18.6 | 7 of 76 | 92% |
| P/B | 0.1 | 1.1 | 7 of 105 | 94% |
| ROE | 8.2 | 1.3 | 22 of 111 | 81% |
| EBITDA margin | 57.4 | 25.6 | 29 of 91 | 69% |
| Revenue growth | 10.5 | (4.1) | 35 of 85 | 60% |
| Profit growth | (37.9) | (0.2) | 70 of 109 | 36% |
| Market cap | 134 | 26 | 22 of 113 | 81% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 18 Oct 2026 · Compliance filing under SEBI Reg 74(5) for quarter ended Sep 2026 | compliance | minimal | — | — |
| 26 Sept 2026 · Trading Window Closure from Oct 1, 2026 for Q2 FY27 Results | compliance | minimal | — | — |
| 11 Sept 2026 · Available Finance confirms 3 director appointments at AGM | management changes | high | — | — |
| 11 Sept 2026 · 34th AGM results: All 8 resolutions approved including director appointments | board shareholder meetings | low | — | — |
| 11 Sept 2026 · AGM 2026 results: all 8 resolutions passed with majority | compliance | minimal | — | — |
| 9 Sept 2026 · 34th AGM held; 8 resolutions passed including accounts and director appointments | board shareholder meetings | low | — | — |
| 18 Aug 2026 · AGM notice published; 34th AGM on 9 Sep 2026 | compliance | minimal | — | — |
| 17 Aug 2026 · Letters dispatched to shareholders without registered emails ahead of 34th AGM | compliance | minimal | — | — |
| 17 Aug 2026 · Available Finance submits 34th Annual Report, AGM on Sep 9, 2026 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Notice of 34th AGM on Sep 9, 2026 - director appointments and related party transactions | board shareholder meetings | low | — | — |
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.