NSE: OPTIFIN · BSE: 531254
OPTIMUS FINANCE LTD.
Manufacturing and trading in oils generated Rs 184.81 crore, or 99.4% of segment revenue, in FY26, conducted through subsidiary Maximus International Limited. The parent NBFC contributes the remaining Rs 1.13 crore (0.6%) from financing and investment activity, with the listed entity classified as a Non-Banking Financial Company and its registered office in Vadodara, Gujarat. Materials account for 67.9% of revenue, making this primarily a commodity-trading business on a consolidated basis rather than a pure financial services play. Consolidated total income for FY26 was Rs 18,970.85 lakh with PAT of Rs 975.84 lakh, while standalone financials remain small at Rs 129.21 lakh in total income and Rs 47.25 lakh in PAT. Borrowings on a consolidated basis rose from Rs 2,294.16 lakh to Rs 3,880.17 lakh during the year, and consolidated cash flow from operations was negative at Rs -1,705.48 lakh. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Manufacturing and Trading in Oils (99%), Financing and Investment Activity (1%). Listed NBFC holding company whose consolidated economics are dominated by oils manufacturing and trading through subsidiary Maximus International Limited
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 70 | 100 | 110 | 158 | 186 |
| EBITDA (ex other income) | 6 | 9 | 8 | 14 | 14 |
| margin % | 9.0 | 9.3 | 7.6 | 8.8 | 7.5 |
| Owners' profit | 3 | 5 | 5 | 6 | 6 |
| EPS, as reported (₹) | 4.74 | 7.53 | 7.03 | 0.78 | 0.78 |
| ROE % · ROCE % | 12.4 · — | 14.3 · — | 13.0 · — | 10.1 · — | 8.8 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (0) | (1) | (9) | (10) | (17) |
| Capex | (1) | (1) | (2) | (6) | (4) |
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 | 40 | 36 | 37 | 45 | 40 | 46 | 44 | 56 |
| Profit before tax | 3 | 3 | 3 | 2 | 3 | 3 | 2 | 3 |
| Net profit | 2 | 2 | 3 | 2 | 2 | 3 | 2 | 2 |
| EPS (₹) | 1.95 | 1.86 | 2.35 | 0.16 | 0.19 | 0.23 | 0.17 | 0.19 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Financing and Investment Activity | 0 | 0.2 |
| Manufacturing and Trading in Oils | 56 | 30.1 |
| (a) Financing and Investment activity | 1 | 0.3 |
| (b) Manufacturing and Trading in oils | 89 | 48.0 |
| Financing and Investment activity | 0 | 0.2 |
| Manufacturing and Trading in oils | 40 | 21.3 |
| Total, before eliminations | 186 | 100.0 |
Exhibit 4: 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 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.3 | 18.1 | 106 of 200 | 47% |
| P/B | 1.1 | 1.1 | 126 of 253 | 49% |
| ROE | 8.8 | 3.1 | 65 of 257 | 75% |
| EBITDA margin | 8.8 | 48.6 | 179 of 249 | 28% |
| Revenue growth | 24.4 | 12.6 | 92 of 231 | 60% |
| Profit growth | 13.3 | 7.8 | 121 of 251 | 52% |
| Market cap | 118 | 34 | 81 of 268 | 70% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Routine quarterly RTA certificate for quarter ended September 2026 | compliance | minimal | — | — |
| 3 Oct 2026 · Optimus Finance 35th AGM: All 8 resolutions passed by shareholders | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 35th AGM held via video conferencing; 8 resolutions including director reappointments considered | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Intimation of Closure of Trading Window under the SEBI (Prohibition of Insider Trading) Regulations, 2015. | compliance | minimal | — | — |
| 9 Sept 2026 · Optimus Finance files newspaper publication of 35th AGM notice | compliance | minimal | — | — |
| 8 Sept 2026 · Annual report and 35th AGM details announced | compliance | minimal | — | — |
| 8 Sept 2026 · AGM on 30 Sept 2026; Record Date 23 Sept 2026 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Optimus Finance submits FY26 Annual Report; 35th AGM on Sep 30 | compliance | low | — | — |
| 8 Sept 2026 · Optimus Finance 35th AGM notice for Sep 30, 2026 via VC | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Newspaper advertisement for 35th AGM scheduled on September 30, 2026 | 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.