BSE: 531283
CINDRELLA FINANCIAL SERVICES L
Operates as a non-banking financial company (NBFC) earning income primarily from interest on its lending and investment book, supplemented by trading in shares and securities. For FY26, standalone total income was Rs 18.32 lakhs, down from Rs 31.54 lakhs the prior year, with interest income contributing Rs 9.04 lakhs (down from Rs 16.52 lakhs). The remaining income comes from securities trading, which swung to a Rs 5.73 lakh loss in Q1 FY26 and was a key drag on standalone results that quarter. The company also holds a 31.07% stake in associate Cindrella Hotels Ltd, from which it booked Rs 2.87 lakhs of share of profits in Q1 FY26 and Rs 4.05 lakhs in H1 FY26; on a consolidated basis this narrowed standalone losses. Total assets stood at Rs 6.52 crore as of FY26, and net cash from operating activities was Rs -8.28 lakhs in H1 FY26. Costs are dominated by employee expenses (17.9% of revenue) and other operating expenses (56.7% of revenue). Headquartered in Kolkata with an administrative office in Siliguri, and listed on BSE with paid-up equity capital of Rs 3.29 crore and net worth of Rs 3.94 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest income, Securities trading, Share of profits from associate. Small, capital-light NBFC with a securities-trading line and a minority hospitality associate
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | 0 | 0 | 0 |
| margin % | (4.1) | (130.3) | 54.5 | 46.8 | 25.4 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 329.75 | 2.34 | 0.47 | 0.58 | 0.23 |
| ROE % · ROCE % | 5.2 · — | 25.9 · — | 5.6 · — | 2.9 · — | 1.2 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 0 | (0) | (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 | 0 | 0 | 0 | 0 | (0) | 0 | 0 | (0) |
| EPS (₹) | 0.23 | (0.05) | 0.29 | 0.03 | (0.10) | 0.00 | 0.42 | (0.18) |
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 | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 71.4 | 18.1 | 169 of 200 | 16% |
| P/B | 0.6 | 1.1 | 79 of 253 | 68% |
| ROE | 1.2 | 3.1 | 163 of 257 | 37% |
| EBITDA margin | (338.2) | 48.6 | 229 of 249 | 8% |
| Revenue growth | (45.3) | 12.6 | 191 of 231 | 17% |
| Profit growth | (605.2) | 7.8 | 238 of 251 | 5% |
| Market cap | 4 | 34 | 257 of 268 | 4% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · Routine compliance certificate for dematerialization of securities | compliance | minimal | — | — |
| 30 Sept 2026 · Cindrella Financial 32nd AGM: both resolutions passed with 99.98% approval | compliance | minimal | — | — |
| 29 Sept 2026 · 32nd AGM held via video conferencing; accounts adopted, director re-appointed | board shareholder meetings | low | — | — |
| 5 Sept 2026 · FY2025-26 annual report sets September 29 AGM | board shareholder meetings | low | — | — |
| 27 Aug 2026 · AGM scheduled on September 29, 2026; book closure from September 23 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Book closure from Sept 23-29, 2026 for AGM on Sept 29 | corporate actions | low | — | — |
| 8 Aug 2026 · Board meeting on 14 Aug 2026 to consider Q1 FY27 results | results | low | — | — |
| 14 Jul 2026 · Dear Sir Please find attached herewith the Certificate under regulation 74(5) (Depositories and Participants) Regulations, 2019 . | compliance | minimal | — | — |
| 30 May 2026 · Financial Results for the Quarter and Year ended 31/03/2026 (Standalone and Consolidated) attached herewith. | results | high | — | — |
| 30 May 2026 · This is to inform you that at its meeting held on 30h May 2026, the Board of Directors of the company inter alia considered and approved the following : 1. Audited Financial Results for .... | results | high | — | — |
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.