Operates as a small non-banking financial company with two segments. Smart Finsec Limited's NBFC Activity segment contributes 84.9% of segment revenue at Rs. 1.67 crore for FY26 and includes lending and investment-related income such as F&O/Jobbing income. The Real Estate segment contributes 15.1% (Rs. 0.30 crore) and earns rental income, which remained around Rs. 22 lakhs through the first nine months of FY26. Total income for FY26 was Rs. 1.97 crore, with net profit of Rs. 0.98 crore and EPS of Rs. 0.33, and total assets of Rs. 16.81 crore. Employee cost is the largest operating expense at 21.6% of revenue. The company has extended a corporate guarantee of Rs. 30 crore to Axis Bank for a credit facility availed by its group company Smart Equity Brokers Private Limited, a stock broking firm. Operating cash flow turned negative in FY26 as loans on the books increased by Rs. 138.64 lakh during the year. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. NBFC Activity (85%), Real Estate (15%). Small, capital-light NBFC with a secondary rental real estate book and a group-level corporate guarantee exposure
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 51 | 31 | 25 | 2 | 2 |
| EBITDA (ex other income) | 5 | 2 | 3 | 2 | 1 |
| margin % | 9.1 | 6.4 | 12.5 | 66.3 | 69.1 |
| Owners' profit | 3 | 1 | 2 | 1 | 1 |
| EPS, as reported (₹) | 1.15 | 0.47 | 0.79 | 0.39 | 0.33 |
| ROE % · ROCE % | 32.2 · — | 11.6 · — | 16.3 · — | 7.5 · — | 5.9 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (5,37,195) | (1) | 3 | 3 | (1) |
| Capex | 0 | 0 | (0) | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 1 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.10 | 0.12 | 0.10 | 0.07 | 0.09 | 0.07 | 0.11 | 0.06 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Real Estate | 0 | 15.1 |
| NBFC Activity | 2 | 84.9 |
| Total, before eliminations | 2 | 100.0 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 29 Aug 2026 · Smart Finsec publishes 31st AGM notice in newspapers | compliance | minimal | — | — |
| 28 Aug 2026 · Book Closure for 31st AGM from Sep 15 to Sep 21, 2026 | compliance | minimal | — | — |
| 28 Aug 2026 · Smart Finsec files FY26 Annual Report; AGM on Sep 21 | results | high | — | — |
| 28 Aug 2026 · 31st AGM on Sept 21, 2026; seeks nod to raise borrowing limit to Rs 100 cr | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Board approves higher borrowing limits; AGM set for Sep 21, 2026 | credit debt | medium | — | — |
| 13 Aug 2026 · Smart Finsec Q1 FY27 net profit up 52% YoY at Rs 42.89 lakh | compliance | minimal | — | — |
| 12 Aug 2026 · Smart Finsec Q1 FY26-27 PAT rises 52% YoY to Rs 42.89 lakh | results | high | — | — |
| 12 Aug 2026 · Smart Finsec Q1 FY27 net profit rises 52 percent YoY to Rs 42.89 lakh | results | high | — | — |
| 4 Aug 2026 · Board meeting on Aug 12 to consider Q1 FY27 results | results | low | — | — |
| 7 Jul 2026 · Reg 74(5) certificate for quarter ended June 2026 filed | compliance | minimal | — | — |
| 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 |
| — |
| 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 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 24.5 | 18.2 | 126 of 212 | 41% |
| P/B | 1.5 | 1.1 | 143 of 245 | 41% |
| ROE | 5.9 | 3.0 | 99 of 266 | 63% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 65.9 | 48.6 | 94 of 249 | 63% |
| Revenue growth | 14.1 | 12.6 | 111 of 231 | 52% |
| Profit growth | (17.3) | 7.8 | 139 of 251 | 45% |
| Market cap | 24 | 37 | 156 of 260 | 40% |
| 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.
