BSE: 538476
CAPITAL TRADE LINKS LTD
Operates as a non-banking financial company (NBFC) listed on BSE, with 100% of its segment revenue coming from financing and lending activities. In FY26, the company reported total revenue of Rs 30.56 crore, net profit of Rs 1.88 crore, and total assets of Rs 214.86 crore. A recently added subsidiary, Capital Green Dynamic Solution Pvt Ltd, contributed Rs 890.21 lakhs in goods sales on the consolidated books in FY26. The lending book is funded largely through borrowings of Rs 13,024.79 lakhs (consolidated) against equity of Rs 7,329.28 lakhs, indicating a leveraged balance sheet. The largest disclosed cost lines in FY26 were other operating expenses (19.3% of revenue) and employee costs (7.8%); no materials cost is recorded. Operating cash flow turned sharply negative in FY26 versus the prior year, and Q1 FY27 standalone results swung to a loss of Rs 306.91 lakhs versus a profit a year earlier. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. NBFC / Financing activities (100%), Goods sales (subsidiary). Small, leveraged NBFC with concentrated lending activity and a newly added goods-trading subsidiary
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 31 |
| EBITDA (ex other income) | 11 |
| margin % | 36.8 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 0.58 |
| ROE % · ROCE % | 2.6 · — |
| Debt / equity (x) | — |
| Cash from operations | (5) |
| Capex | (0) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q3 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 6 | 13 |
| Profit before tax | 1 | (4) |
| Net profit | 1 | (4) |
| EPS (₹) | 0.08 | (0.66) |
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. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,67,346 | 27.9 | 4.85 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,93,785 | 14.5 | 2.94 | — | 15.2 | — | 22.5 | 74.7 |
| TATA CAPITAL LIMITED | 1,28,620 | 23.5 | 2.73 | — | 10.4 | — | — | 75.8 |
| CHOLAMANDALAM IN & FIN CO | 1,25,298 | 21.7 | 4.11 | — | 17.2 | — | 26.5 | 71.2 |
| MUTHOOT FINANCE LIMITED | 96,653 | 8.5 | 2.43 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,250 | 22.1 | 3.20 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 42,997 | 19.2 | 2.89 | — | 13.8 | — | — | 78.4 |
| PIRAMAL FINANCE LIMITED | 42,166 | 24.9 | 1.50 | — | 5.3 | — | — | 63.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 4.0 | 1.1 | 225 of 253 | 11% |
| ROE | 2.6 | 3.1 | 142 of 257 | 45% |
| EBITDA margin | (7.5) | 48.6 | 194 of 249 | 22% |
| Market cap | 290 | 33 | 57 of 268 | 79% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Compliance certificate under SEBI Regulation 74(5) for September 2026 quarter | compliance | minimal | — | — |
| 1 Oct 2026 · Capital Trade Links gains control of Rhythms Industries as subsidiary | corporate actions | low | — | — |
| 1 Oct 2026 · Re-appointment of two directors approved at 41st AGM | management changes | medium | — | — |
| 30 Sept 2026 · Capital Trade Links 41st AGM: all 3 resolutions passed with near-unanimous support | board shareholder meetings | medium | — | — |
| 30 Sept 2026 · Capital Trade Links holds 41st AGM; three resolutions tabled | board shareholder meetings | low | — | — |
| 27 Sept 2026 · Trading window closure from Oct 1 for Q2 FY26 results | compliance | minimal | — | — |
| 23 Sept 2026 · Board approves up to Rs 10 cr investment in Rhythms Industries, sets up new subsidiary | strategic transactions | medium | — | — |
| 23 Sept 2026 · CTL to invest in Rhythms Industries, incorporate new WOS | strategic transactions | medium | — | — |
| 7 Sept 2026 · Capital Trade Links acquires 16.36% stake in Rhythms Industries for Rs 2.74 cr | strategic transactions | medium | — | — |
| 7 Sept 2026 · Newspaper publication of 41st AGM notice and e-voting information | 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.