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Companies›Financial Services›Financial Services›Finance

V.B.DESAI FINANCIAL SERVICES L

Financial Services › Finance
₹20.18
at close · 27 Oct 2026
▲ 1.65 (+8.90%)

Latest filings

  1. Quarterly Reg 74(5) compliance certificate filed with BSE · Compliance
  2. Trading window closed from Oct 1, 2026 till Q2 results · Compliance
  3. 40th AGM: All 5 Resolutions Passed Including Director Appointments · Board & Shareholder Meetings
All filings ↓
Ask Nexa about V.B.DESAI FINANCIAL SERVICES L

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a SEBI-registered Category I Merchant Banker in Mumbai, providing financial services in a single segment. Revenue from operations stood at Rs 283.83 lakhs in FY26, broadly flat versus Rs 283.06 lakhs in FY25. Total income grew 18% to Rs 393.58 lakhs, lifted by a 121% surge in other income, which includes interest income on loans, to Rs 109.75 lakhs. Net profit jumped 55.5% to Rs 86.90 lakhs in FY26, with EPS at Rs 1.92. Other operating expenses form the largest cost line at 78.7% of revenue, followed by employee cost at 18.6%. The company is debt-free, holds Category I Merchant Banker registration (INM 000002731), and received an administrative warning from SEBI in March 2026 for compliance lapses in its merchant banking activities covering April 2022 to November 2024.

Operating scale
SEBI registration
Category I Merchant Banker (INM 000002731)
Segments
Single segment: Financial Services
Borrowings
Nil (debt-free)FY26
Total equity
Rs 1,249 lakhH1 FY26
Other income (FY26)
Rs 109.75 lakhFY26
SEBI administrative warning
Issued 24 March 2026 covering April 2022–November 2024
Who pays it
Companies and issuers seeking merchant banking and related capital market services
Biggest cost
Other operating expenses at 78.7% of revenue
Kind of business
Small, debt-free, single-segment merchant banking firm with thin core revenue lifted by interest income
Where it sits
SEBI-registered Category I Merchant Banker based in Mumbai, listed on BSE, exempt from several SEBI LODR norms given sub-threshold paid-up capital and net worth
Market Cap
₹9 Cr
P / E (TTM)
9.6×
EV / EBITDA
6.7×
Div Yield
—
Growth
7.1%▲
Revenue 5y CAGR
PAT +35.0% · EBITDA +29.4%
Quality
5.4%·
ROCE (5y median)
ROE 4.1% (5y median) · margin 41.4%
Leverage
0.00·
Debt / Equity · low
Net cash ₹0.19 Cr
Revenue FY21→FY26
1.4×▲
Margin +21.0 pts
₹2 Cr → ₹3 Cr
Cash conversion
-2.77×▼
Operating cash ÷ profit · 5 yrs
₹-7 Cr on ₹3 Cr
Moves on a normal day
3.03%·
Median daily move
Last 245 sessions · the yardstick for filing-day moves
Where it sits among 120 Other Financial Services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#22/76
P/B#42/105
ROCE#19/83
ROE#27/111
Debt / Equity#1/77
EBITDA margin#35/91
Revenue growth#33/85
Profit growth#41/109

Scorecard

Measured from the filed financials, judged against its Other Financial Services peers · as of FY26 — not investment advice

Strengths
Profit compounding 35% a year over 5 years
Concerns
Returns on capital 5.4% (5-year median)
#19 of 83 in Other Financial Services on the latest reported figures · up from 3.0% in FY21
Over 5 years it reported ₹2.56 Cr of profit and an operating cash outflow of ₹7.11 Cr — -2.77×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from V.B.DESAI FINANCIAL SERVICES L's filed financials and exchange disclosures

What does V.B.DESAI FINANCIAL SERVICES L do?

V.B.DESAI FINANCIAL SERVICES L is a Finance company listed on BSE.

Is V.B.DESAI FINANCIAL SERVICES L profitable?

Yes. Over the trailing twelve months V.B.DESAI FINANCIAL SERVICES L reported a net profit of ₹0.96 Cr on revenue of ₹2.96 Cr.

Does V.B.DESAI FINANCIAL SERVICES L pay a dividend?

Not in the latest reported year — V.B.DESAI FINANCIAL SERVICES L's dividend payout for FY26 was nil.

Is V.B.DESAI FINANCIAL SERVICES L debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹0.19 Cr of cash.

Is V.B.DESAI FINANCIAL SERVICES L expensive compared with its peers?

On trailing P/E, V.B.DESAI FINANCIAL SERVICES L ranks 22 of 76 in Other Financial Services — cheaper than 72% of them, against an industry median of 18.6×. This is a position, not a valuation judgement.

How much does the V.B.DESAI FINANCIAL SERVICES L share price move in a day?

On a typical session V.B.DESAI FINANCIAL SERVICES L moves 3.03% — that is the median absolute close-to-close move across its last 245 trading days. MarketPing measures each filing's price reaction against it.

Where can I track V.B.DESAI FINANCIAL SERVICES L's announcements?

Every NSE and BSE filing by V.B.DESAI FINANCIAL SERVICES L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.