BSE: 511391
INTER GLOBE FINANCE LTD.
Operates as a Kolkata-based non-banking financial company engaged in share and securities trading alongside lending activities, listed on BSE and Calcutta Stock Exchange. For FY26, total income from operations stood at Rs 177.95 crore, up 21.8% from the prior year, while net profit after tax fell roughly 33% to Rs 2.25 crore, with the company reporting a net loss in Q4 FY26. Total assets were Rs 157.74 crore at March 31, 2026, and debt-to-equity stood at zero. Reported operating costs are thin — employee cost of Rs 1.76 crore, other operating expenses of Rs 1.04 crore and depreciation of Rs 0.12 crore together account for around 1.7% of revenue — with no materials cost, consistent with a financial-services business. In October–November 2025, the company raised about Rs 16.07 crore through a preferential issue earmarked for growing core business, working capital, loan repayment, technology, infrastructure, machinery purchases, and improving the debt-equity ratio. The statutory auditor issued an unmodified opinion with no going-concern doubts, and no defaults were reported on loans or debt securities as of March 31, 2026. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Share and securities trading, Lending activities. Small NBFC focused on securities trading and lending
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 21 | 21 | 225 | 146 | 178 |
| EBITDA (ex other income) | 1 | 4 | 8 | 3 | 3 |
| margin % | 3.9 | 17.8 | 3.7 | 2.2 | 1.6 |
| Owners' profit | (2) | 2 | 8 | 3 | 2 |
| EPS, as reported (₹) | (2.29) | 0.27 | 12.37 | 3.77 | 2.06 |
| ROE % · ROCE % | (1.8) · — | 2.1 · — | 8.7 · — | 2.9 · — | 1.7 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (1) | (0) | (0) | (15) | (14) |
| Capex | 0 | 0 | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 114 | 29 | 67 | 45 | 30 | 37 | 53 |
| Profit before tax | 1 | (6) | (5) | 4 | 4 | (2) | (4) | 2 |
| Net profit | 1 | (5) | (4) | 3 | 4 | (2) | (4) | 1 |
| EPS (₹) | 1.21 | (7.19) | (5.01) | 3.57 | 4.09 | (1.30) | (2.65) | 1.04 |
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) | 51.7 | 18.1 | 160 of 200 | 20% |
| P/B | 0.6 | 1.1 | 72 of 253 | 71% |
| ROE | 1.7 | 3.1 | 158 of 257 | 39% |
| EBITDA margin | 4.7 | 48.6 | 182 of 249 | 27% |
| Revenue growth | (21.4) | 12.6 | 170 of 231 | 27% |
| Profit growth | (56.0) | 7.8 | 161 of 251 | 36% |
| Market cap | 83 | 34 | 89 of 268 | 67% |
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 for Q2 FY27 Dematerialisation | compliance | minimal | — | — |
| 1 Oct 2026 · AGM 2026: All four resolutions passed by shareholders | compliance | minimal | — | — |
| 1 Oct 2026 · All 4 AGM resolutions passed with near-unanimous shareholder approval | compliance | minimal | — | — |
| 1 Oct 2026 · Inter Globe Finance AGM 2026: All 4 resolutions passed with near-unanimous support | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Inter Globe Finance AGM held on Sep 30; 4 ordinary resolutions passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Inter Globe Finance AGM held on September 30, 2026; four resolutions passed | board shareholder meetings | low | — | — |
| 21 Sept 2026 · Trading Window Closed from Oct 1 Until Q2 Results Declaration | compliance | minimal | — | — |
| 8 Sept 2026 · Newspaper publication of 33rd AGM notice on Sept 30, 2026 at 11 AM | compliance | minimal | — | — |
| 4 Sept 2026 · Dispatch of Letter to Non-Email Shareholders for FY26 Annual Report | compliance | minimal | — | — |
| 4 Sept 2026 · Book Closure for 33rd AGM from Sep 24 to Sep 30, 2026 | 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.