Operates as an RBI-registered non-banking financial company that lends to retail borrowers in rural and semi-urban India, focused on small-ticket vehicle financing. Revenue from operations for FY26 was ₹41.05 crore, with Net Interest Income — interest earned on the loan book less interest paid on borrowings — at ₹35.90 crore. The lending book is disbursed through 61 owned branches across 4 states and serves over 1.13 lakh customers, with nearly 100% of the book secured. Employee costs account for 11.7% of revenue and other operating expenses for 13.3%, while depreciation is minimal at 0.3% and capex is negligible at 0.0%. The company ended FY26 with total assets of ₹232.23 crore, a net worth of ₹172 crore, and a Capital Adequacy Ratio (CRAR) of 78.28%, and funded itself in part through ₹1,950 lakh of 12% listed debentures issued in April 2026. Asset quality showed mild stress, with Gross NPA at 2.94% and Net NPA at 1.17%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail vehicle financing and related lending income. Retail-focused NBFC with a rural and semi-urban vehicle financing book
| ₹ crore · consolidated | FY23 |
|---|---|
| Revenue | 28 |
| EBITDA (ex other income) | 18 |
| margin % | 66.7 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 15.33 |
| ROE % · ROCE % | 10.7 · — |
| Debt / equity (x) | 0.00 |
| Cash from operations | (5) |
| Capex | 0 |
| ₹ crore | Q4 FY23 | Q1 FY24 |
|---|---|---|
| Revenue | 8 | 7 |
| Profit before tax | 3 | 3 |
| Net profit | 2 | 2 |
| EPS (₹) | 3.76 | 3.97 |
| 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 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Board meeting on 17 Sep to consider NCD issuance via private placement | fund raising | medium | — | — |
| 10 Sept 2026 · Shalibhadra Finance files additional Reg 52(4) disclosure with Q1FY27 results | compliance | low | — | — |
| 7 Sept 2026 · Shalibhadra Finance FY26 Annual Report: PAT up 22% to Rs 19.48 cr | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Shalibhadra Finance FY26 Annual Report: PAT up 22%, income up 13% | results | medium | — | — |
| 7 Sept 2026 · Shalibhadra Finance launches Used Commercial Vehicle Financing division | business updates | medium | — | — |
| 4 Sept 2026 · NSE seeks clarification from Shalibhadra Finance on quarterly results compliance | compliance | low | — | — |
| 3 Sept 2026 · AGM notice and e-voting details for 35th AGM on September 30, 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · 35th Annual General Meeting scheduled for September 30, 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · E-voting schedule disclosed for 35th AGM on 30 September 2026 | compliance | minimal | — | — |
| 3 Sept 2026 · AGM set for 30 September 2026 at 1 pm via video conference | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 3.51 |
| 6.7 |
| 13.8 |
| — |
| — |
| 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.6 | 18.2 | 69 of 212 | 68% |
| P/B | 3.3 | 1.1 | 200 of 245 | 18% |
| ROE | 10.7 | 3.0 | 53 of 266 | 80% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 68.4 | 48.6 | 89 of 249 | 65% |
| Market cap | 254 | 37 | 60 of 260 | 77% |
| 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 |
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.
