Classified as a Non-Banking Financial Company (NBFC) on BSE, India Lease Development has discontinued its hire purchase and leasing business and now operates at a very small scale. FY26 revenue from operations stood at ₹34.90 lakhs (down from ₹65.33 lakhs in FY25) and total income for the year reached ₹65.33 lakhs, with a thin net profit of ₹2.10 lakhs after employee costs (56.1% of revenue) and other operating expenses (45.5% of revenue). Total assets were ₹9.678 crore, but reserves sat deeply negative at ₹(533.66) lakhs, and the auditor flagged non-compliance with RBI's principal business criterion requiring financial assets to be at least 50% of total assets. The remaining activity appears to be managing a small investment book, including an ₹106.89 lakh holding in promoter-group entity The Motor and General Finance Limited, while a ₹35.80 lakh loss was booked on the sale of Jayabharat Credit Limited shares at below-market prices. Management has prepared accounts on a going-concern basis expecting asset realizations to cover liabilities. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Revenue from operations, Investment and other income. Effectively non-operating NBFC; discontinued hire purchase and leasing, with negative reserves and RBI principal-business non-compliance flagged
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 |
| EBITDA (ex other income) | (3) | (0) | (0) | (0) | (0) |
| margin % | (564.0) | (23.4) | (41.6) | (23.4) | (1.6) |
| Owners' profit | (0) | (0) | (0) | (0) | 0 |
| EPS, as reported (₹) | (0.09) | (0.06) | (0.10) | (0.08) | 0.01 |
| ROE % · ROCE % | (1.3) · — | (0.8) · — | (1.4) · — | (1.1) · — | 0.2 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (1) | (1) | (1) | (1) | (0) |
| Capex | (0) | 0 | 0 | (0) | 0 |
| ₹ 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 (₹) | (0.04) | 0.01 | (0.01) | (0.04) | (0.04) | 0.01 | 0.00 | 0.04 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Newspaper ad: Corrigendum to 41st AGM Notice with salary revision | compliance | minimal | — | — |
| 9 Sept 2026 · Corrigendum to 41st AGM notice published in newspaper | compliance | minimal | — | — |
| 8 Sept 2026 · Corrigendum to 41st AGM notice - salary revision for Manager/CFO | management changes | medium | — | — |
| 2 Sept 2026 · Newspaper notice published for 41st AGM on September 24, 2026 | compliance | minimal | — | — |
| 1 Sept 2026 · Notice of 41st AGM and FY26 Annual Report sent to shareholders | board shareholder meetings | low | — | — |
| 1 Sept 2026 · 41st AGM Notice and Annual Report FY2025-26 submitted to BSE | board shareholder meetings | low | — | — |
| 1 Sept 2026 · India Lease Development files Annual Report FY25-26; auditor flags RBI criterion | results | high | — | — |
| 19 Aug 2026 · Newspaper Publication: Special Window for Re-lodging Physical Share Transfers | compliance | minimal | — | — |
| 12 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 11 Aug 2026 · Board approves re-appointments of directors, CFO, and internal auditor | management changes | medium | — | — |
| 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 |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 788.0 | 18.2 | 212 of 212 | 0% |
| P/B | 1.2 | 1.1 | 128 of 245 | 47% |
| ROE | 0.2 | 3.0 | 196 of 266 | 26% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 28.0 | 48.6 | 153 of 249 | 39% |
| Revenue growth | 50.8 | 12.6 | 61 of 231 | 74% |
| Profit growth | 192.6 | 7.8 | 42 of 251 | 84% |
| Market cap | 12 | 37 | 207 of 260 | 21% |
| 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 |
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.
