Operates as an RBI-registered non-banking financial company, running a digital lending platform called FastSalary that disburses loans to salaried individuals. Revenue in FY26 came from interest on loans of Rs. 705.08 Lakhs and fees and commission income of Rs. 346.47 Lakhs, with total income of Rs. 12.13 Crores — nearly all of it booked in Q4 FY26 alone (Rs. 9.69 Crores). In its first full year of scaled operations, the platform crossed Rs. 35 Crores in cumulative disbursements, onboarded over 9,000 customers and ended the year with an outstanding loan book of Rs. 24.87 Crores. The balance sheet stood at Rs. 43.96 Crores in total assets, supported by Rs. 23.17 Crores of capital raised during the year, with a debt-to-equity ratio of 0.10x. The board has approved proposals to raise the overall borrowing limit to about Rs. 200 Crores and issue secured redeemable non-convertible debentures of up to Rs. 100 Crores via private placement for lending, refinancing and general purposes, and has signed a Rs. 5 Crore term loan with Mufin Green Finance Limited, secured by receivables at 120% and a pledge of promoter shares at 2.5x. Cash flow from operating activities was -Rs. 949.99 Lakhs, reflecting heavy outflows in loan disbursements during the ramp-up. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest income on loans, Fees and commission income. Young, scaling digital NBFC; asset-light lender to salaried borrowers
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 0 | 0 | 0 | 12 |
| EBITDA (ex other income) | 0 | 0 | 0 | 0 | 4 |
| margin % | 3.6 | 4.0 | 4.0 | 4.4 | 36.2 |
| Owners' profit | 0 | 0 | 0 | 0 | 3 |
| EPS, as reported (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 |
| ROE % · ROCE % | 0.3 · — | 0.3 · — | 0.3 · — | 0.3 · — | 11.0 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 0 | (0) | 1 | (0) | (9) |
| Capex | 0 | 0 | 0 | 0 | (3) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 10 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| EPS (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.32 |
| 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 · RAAMA FINANCE Files Newspaper Ad For 33rd AGM And E-voting Details | compliance | minimal | — | — |
| 8 Sept 2026 · Raama Finance 33rd AGM on Sep 30, 2026; book closure Sep 24 to 30 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Annual Report FY26 and 33rd AGM Notice filed | board shareholder meetings | low | — | — |
| 8 Sept 2026 · 33rd AGM on Sep 30, 2026 via video conferencing; book closure from Sep 24 | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Raama Finance submits Q1 FY27 results newspaper cuttings to BSE | compliance | minimal | — | — |
| 13 Aug 2026 · No deviation in use of warrant proceeds for Q1FY27: Raama Finance | compliance | minimal | — | — |
| 13 Aug 2026 · RAAMA Finance appoints Mr. Manish as CFO and KMP | management changes | high | — | — |
| 11 Aug 2026 · Postal ballot results: 7 resolutions passed including higher borrowing limits and NCD issuance | credit debt | medium | — | — |
| 10 Aug 2026 · Postal ballot concludes; seeks approval for higher borrowing and NCD issuance | credit debt | medium | — | — |
| 10 Aug 2026 · Postal ballot concluded - NCD issuance and higher borrowing limits proposed | credit debt | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 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) | 46.9 | 18.2 | 170 of 212 | 20% |
| P/B | 4.7 | 1.1 | 225 of 245 | 8% |
| ROE | 11.0 | 3.0 | 50 of 266 | 82% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 38.1 | 48.6 | 134 of 249 | 46% |
| Revenue growth | 4874.9 | 12.6 | 2 of 231 | 100% |
| Profit growth | 20593.7 | 7.8 | 1 of 251 | 100% |
| Market cap | 137 | 37 | 78 of 260 | 70% |
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| 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.
