BSE: 538611
Real Touch Finance Limited
Operates as a non-banking financial company (NBFC), earning most of its income from interest on loans extended to borrowers. For FY26, revenue from operations stood at Rs 3,917.39 lakhs, up 36.65% from Rs 2,866.68 lakhs in FY25, with total income at Rs 4,044.85 lakhs. In Q1 FY27, interest income was Rs 794.57 lakhs against total income of Rs 864.29 lakhs, confirming lending as the main line of business. The company carries outstanding borrowings of Rs 253.99 crore as of March 31, 2026, and finance costs rose to Rs 585.23 lakh in Q1 FY27 from Rs 406.86 lakh a year earlier, making interest expense its dominant cost. Total assets stood at Rs 32,150.47 lakhs at FY26 year-end, and impairment on financial instruments jumped to Rs 504.64 lakhs from Rs 62.54 lakhs. The company is restructuring - it approved the closure of 8 Tamil Nadu branches (Arani, Kanchipuram, Vandavasi, Tindivanam, Villupuram, Tiruvannamalai, Chengalpattu, Thiruvallur) effective July 10, 2026, with accounts to be serviced from the corporate branch in Chennai, and in April 2026 it transferred an identified loan portfolio of Rs 13.03 crore. Funds are raised through instruments like secured NCDs (Rs 2.56 crore allotted in March 2026) and the company carries a credit rating of IVR BBB/Stable from Infomerics. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest income from lending, Other income. Tamil Nadu-focused NBFC with an asset-liability (spread-driven) model, moderate credit quality, undergoing branch consolidation and loan portfolio rationalisation
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 9 | 19 | 29 | 39 |
| EBITDA (ex other income) | 2 | 7 | 13 | 20 | 27 |
| margin % | 80.4 | 77.6 | 71.5 | 69.6 | 67.8 |
| Owners' profit | 1 | 3 | 3 | 5 | 5 |
| EPS, as reported (₹) | 1.14 | 2.06 | 2.07 | 3.64 | 4.09 |
| ROE % · ROCE % | 4.0 · — | 6.7 · — | 6.3 · — | 9.8 · — | 9.9 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 1 | (87) | (50) | (26) | 33 |
| 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 | 6 | 7 | 8 | 8 | 8 | 9 | 9 | 11 |
| Profit before tax | 1 | 2 | 2 | 1 | 2 | 3 | 1 | 2 |
| Net profit | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 |
| EPS (₹) | 0.82 | 0.92 | 1.36 | 0.54 | 1.06 | 1.59 | 0.68 | 0.76 |
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. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 34,420 | 38.9 | 10.52 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,203 | 18.4 | 3.87 | 8.9 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,251 | — | 2.58 | 38.5 | 4.5 | 5.3 | 32.8 | 4.3 |
| PRIME SECURITIES LIMITED | 947 | 169.1 | 3.69 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 945 | 28.6 | 5.56 | 18.1 | 22.5 | 30.3 | — | 97.5 |
| CENTRUM CAPITAL LIMITED | 903 | — | 0.69 | 9.6 | (21.4) | (2.5) | 49.7 | 29.7 |
| REGENCY FINCORP LIMITED | 564 | 51.6 | 3.52 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 509 | — | 1623.78 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.7 | 18.6 | 20 of 76 | 75% |
| P/B | 0.9 | 1.1 | 46 of 105 | 57% |
| ROE | 9.9 | 1.3 | 17 of 111 | 86% |
| EBITDA margin | 75.0 | 25.6 | 24 of 91 | 74% |
| Revenue growth | 44.5 | (4.1) | 23 of 85 | 74% |
| Profit growth | 42.0 | (0.2) | 43 of 109 | 61% |
| Market cap | 45 | 26 | 42 of 113 | 63% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 9 Oct 2026 · RTA certificate on demat processing for quarter ended Sept 2026 | compliance | minimal | — | — |
| 9 Oct 2026 · Real Touch Finance appoints new CFO, identifies two director candidates pending RBI nod | general | low | — | — |
| 9 Oct 2026 · Board approves new CFO, identifies 2 director candidates pending RBI nod | board shareholder meetings | medium | — | — |
| 28 Sept 2026 · AGM Approvals: New Managing Director Appointed, Independent Director Re-appointed | management changes | medium | — | — |
| 28 Sept 2026 · Real Touch Finance 41st AGM: All 10 resolutions passed on Sep 26, 2026 | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading Window Closure for Q2 and H1 FY27 Results | compliance | minimal | — | — |
| 26 Sept 2026 · Real Touch Finance 41st AGM held; key resolutions on MD appointment and borrowings passed | board shareholder meetings | medium | — | — |
| 26 Sept 2026 · Real Touch Finance 41st AGM proceedings held on 26 Sep 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · AGM notice and annual report link sent to shareholders without registered emails | compliance | minimal | — | — |
| 5 Sept 2026 · Newspaper publication of 41st AGM notice and e-voting details | 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.