Indostar Capital Finance Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 11:31 am

Market Cap	4,185 Cr.
Current Price	308
High / Low	343/188
Stock P/E	55.7
Book Value	246
Dividend Yield	0.00 %
ROCE	8.35 %
ROE	3.66 %
Face Value	10.0
PEG Ratio	0.60

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Indostar Capital Finance Ltd

Competitors of Indostar Capital Finance Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MKVentures Capital Ltd	567 Cr.	1,474	2,800/1,212	27.5	267	0.07 %	20.6 %	33.6 %	10.0
Modern Shares & Stockbrokers Ltd	14.6 Cr.	49.8	69.4/36.0	41.7	43.9	0.00 %	4.33 %	3.24 %	10.0
Monarch Networth Capital Ltd	2,644 Cr.	337	501/226	17.0	93.0	0.15 %	51.8 %	43.4 %	10.0
Monotype India Ltd	51.3 Cr.	0.73	2.42/0.60	6.42	0.13	0.00 %	438 %	%	1.00
Multipurpose Trading & Agencies Ltd	5.10 Cr.	10.3	13.3/7.93	26.8	10.2	0.00 %	4.44 %	3.91 %	10.0
Industry Average	6,624.63 Cr	1,391.18		86.68	5,208.09	0.37%	18.65%	17.36%	7.36

All Competitor Stocks of Indostar Capital Finance Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	278	341	314	294	281	285	299	234	238	474	304	345	373
Expenses	134	1,112	90	82	97	52	95	78	76	234	124	139	162
Operating Profit	143	-772	224	212	184	233	204	157	162	240	180	206	211
OPM %	52%	-227%	71%	72%	65%	82%	68%	67%	68%	51%	59%	60%	57%
Other Income	11	0	0	0	0	4	0	15	7	3	19	21	17
Interest	125	139	148	146	135	150	154	141	145	195	167	188	193
Depreciation	9	10	10	10	10	9	8	6	7	9	8	8	7
Profit before tax	20	-920	66	56	39	77	42	25	17	39	25	32	28
Tax %	26%	-18%	8%	8%	5%	2%	7%	0%	0%	10%	0%	0%	0%
Net Profit	15	-754	61	52	37	76	39	25	17	35	25	32	28
EPS in Rs	1.07	-55.38	4.48	3.79	2.69	5.58	2.86	1.82	1.24	2.59	1.83	2.33	2.04

Last Updated: February 28, 2025, 7:16 pm

Below is a detailed analysis of the quarterly data for Indostar Capital Finance Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹373.00 Cr.. The value appears strong and on an upward trend. It has increased from 345.00 Cr. (Sep 2024) to ₹373.00 Cr., marking an increase of 28.00 Cr..
For Expenses, as of Dec 2024, the value is ₹162.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 139.00 Cr. (Sep 2024) to ₹162.00 Cr., marking an increase of 23.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹211.00 Cr.. The value appears strong and on an upward trend. It has increased from 206.00 Cr. (Sep 2024) to ₹211.00 Cr., marking an increase of 5.00 Cr..
For OPM %, as of Dec 2024, the value is 57.00%. The value appears to be declining and may need further review. It has decreased from 60.00% (Sep 2024) to 57.00%, marking a decrease of 3.00%.
For Other Income, as of Dec 2024, the value is ₹17.00 Cr.. The value appears to be declining and may need further review. It has decreased from 21.00 Cr. (Sep 2024) to ₹17.00 Cr., marking a decrease of 4.00 Cr..
For Interest, as of Dec 2024, the value is ₹193.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 188.00 Cr. (Sep 2024) to ₹193.00 Cr., marking an increase of 5.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 8.00 Cr. (Sep 2024) to ₹7.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹28.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Sep 2024) to ₹28.00 Cr., marking a decrease of 4.00 Cr..
For Tax %, as of Dec 2024, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00%.
For Net Profit, as of Dec 2024, the value is ₹28.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Sep 2024) to ₹28.00 Cr., marking a decrease of 4.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.04. The value appears to be declining and may need further review. It has decreased from 2.33 (Sep 2024) to 2.04, marking a decrease of 0.29.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:56 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	397	528	644	720	789	1,206	1,597	1,283	1,173	1,178	1,396	1,497
Expenses	35	43	61	83	145	244	1,142	758	1,495	321	547	658
Operating Profit	362	485	583	637	644	961	456	525	-323	857	849	838
OPM %	91%	92%	91%	88%	82%	80%	29%	41%	-28%	73%	61%	56%
Other Income	0	0	0	-0	-1	-0	1	-2	1	1	1	60
Interest	192	258	289	312	326	564	863	709	540	580	687	743
Depreciation	1	1	1	2	5	18	30	34	35	40	33	32
Profit before tax	169	226	293	323	312	379	-437	-219	-896	239	130	124
Tax %	34%	34%	35%	35%	36%	36%	-26%	-2%	-18%	6%	11%
Net Profit	112	149	192	211	200	241	-325	-214	-737	225	116	120
EPS in Rs	21.89	29.10	37.42	26.90	25.46	26.10	-35.11	-17.30	-54.12	16.55	8.51	8.79
Dividend Payout %	0%	0%	0%	0%	0%	8%	-3%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	33.04%	28.86%	9.90%	-5.21%	20.50%	-234.85%	34.15%	-244.39%	130.53%	-48.44%
Change in YoY Net Profit Growth (%)	0.00%	-4.18%	-18.96%	-15.11%	25.71%	-255.35%	269.01%	-278.55%	374.92%	-178.97%

Indostar Capital Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	3%
3 Years:	3%
TTM:	42%

Compounded Profit Growth
10 Years:	0%
5 Years:	-14%
3 Years:	37%
TTM:	-44%

Stock Price CAGR
10 Years:	%
5 Years:	4%
3 Years:	7%
1 Year:	31%

Return on Equity
10 Years:	0%
5 Years:	-6%
3 Years:	-4%
Last Year:	4%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:30 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	68	68	73	78	79	92	92	124	136	136	136	136
Reserves	1,067	1,217	1,468	1,824	1,996	2,914	2,588	3,562	2,793	2,976	3,099	3,216
Borrowings	1,898	2,574	3,001	3,373	4,823	9,062	7,142	6,020	6,223	5,648	7,572	7,189
Other Liabilities	127	133	151	213	296	232	306	376	508	357	300	2,485
Total Liabilities	3,161	3,992	4,693	5,489	7,194	12,300	10,129	10,082	9,661	9,116	11,107	13,027
Fixed Assets	1	1	3	9	56	370	383	366	386	377	381	367
CWIP	0	0	0	0	8	0	0	0	0	0	0	0
Investments	61	55	0	187	1,007	301	231	1,591	548	1,039	1,118	1,779
Other Assets	3,099	3,936	4,690	5,293	6,123	11,629	9,515	8,125	8,727	7,700	9,608	10,881
Total Assets	3,161	3,992	4,693	5,489	7,194	12,300	10,129	10,082	9,661	9,116	11,107	13,027

Below is a detailed analysis of the balance sheet data for Indostar Capital Finance Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹136.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 136.00 Cr..
For Reserves, as of Sep 2024, the value is ₹3,216.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,099.00 Cr. (Mar 2024) to ₹3,216.00 Cr., marking an increase of 117.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹7,189.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 7,572.00 Cr. (Mar 2024) to ₹7,189.00 Cr., marking a decrease of 383.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹2,485.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 300.00 Cr. (Mar 2024) to ₹2,485.00 Cr., marking an increase of 2,185.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹13,027.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,107.00 Cr. (Mar 2024) to ₹13,027.00 Cr., marking an increase of 1,920.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹367.00 Cr.. The value appears to be declining and may need further review. It has decreased from 381.00 Cr. (Mar 2024) to ₹367.00 Cr., marking a decrease of 14.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹1,779.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,118.00 Cr. (Mar 2024) to ₹1,779.00 Cr., marking an increase of 661.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹10,881.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,608.00 Cr. (Mar 2024) to ₹10,881.00 Cr., marking an increase of 1,273.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹13,027.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,107.00 Cr. (Mar 2024) to ₹13,027.00 Cr., marking an increase of 1,920.00 Cr..

However, the Borrowings (7,189.00 Cr.) are higher than the Reserves (₹3,216.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-690	-547	-2,091	1,710	1,068	-1,564	899	-2,208
Cash from Investing Activity +	-194	-842	260	-2,272	-992	1,165	-259	683
Cash from Financing Activity +	589	1,459	2,787	-354	35	200	-540	1,959
Net Cash Flow	-294	71	956	-916	111	-199	99	434

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	361.00	483.00	580.00	634.00	640.00	952.00	449.00	519.00	-329.00	852.00	842.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	0	0	0	0	0	0	0	0	0	0
Inventory Days
Days Payable
Cash Conversion Cycle	0	0	0	0	0	0	0	0	0	0	0
Working Capital Days	-113	194	200	215	-135	-32	55	-15	-91	31	49
ROCE %		14%	14%	13%	10%	10%	4%	5%	-4%	9%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	88.16%	89.21%	89.21%	89.21%	89.21%	89.21%	89.21%	75.00%	75.00%	75.00%	75.00%	73.60%
FIIs	1.34%	1.17%	1.26%	1.20%	1.21%	1.18%	1.16%	1.29%	1.38%	1.33%	1.49%	2.12%
DIIs	2.47%	2.33%	1.59%	1.55%	1.54%	1.54%	1.54%	1.74%	1.80%	1.84%	1.77%	1.78%
Public	8.02%	7.29%	7.94%	8.04%	8.03%	8.08%	8.09%	21.97%	21.83%	21.83%	21.74%	22.51%
No. of Shareholders	83,484	81,709	80,970	79,792	77,804	76,948	74,441	75,666	75,229	72,852	70,435	69,112

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	8.51	16.55	-59.51	-20.83	-35.18
Diluted EPS (Rs.)	8.51	16.55	-59.51	-20.83	-34.18
Cash EPS (Rs.)	10.95	19.45	-51.52	-14.60	-31.86
Book Value[Excl.RevalReserv]/Share (Rs.)	237.75	228.66	215.25	297.92	289.94
Book Value[Incl.RevalReserv]/Share (Rs.)	237.75	228.66	215.25	297.92	289.94
Revenue From Operations / Share (Rs.)	102.36	86.30	85.44	103.43	172.79
PBDIT / Share (Rs.)	62.48	63.08	-23.62	42.29	49.41
PBIT / Share (Rs.)	60.04	60.18	-26.22	39.58	46.16
PBT / Share (Rs.)	9.53	17.54	-65.87	-17.69	-47.23
Net Profit / Share (Rs.)	8.51	16.55	-54.12	-17.30	-35.11
NP After MI And SOA / Share (Rs.)	8.51	16.55	-54.12	-17.30	-35.11
PBDIT Margin (%)	61.03	73.10	-27.64	40.88	28.59
PBIT Margin (%)	58.65	69.73	-30.68	38.26	26.71
PBT Margin (%)	9.30	20.32	-77.09	-17.10	-27.33
Net Profit Margin (%)	8.31	19.17	-63.34	-16.72	-20.32
NP After MI And SOA Margin (%)	8.31	19.17	-63.34	-16.72	-20.32
Return on Networth / Equity (%)	3.58	7.23	-25.14	-5.80	-12.11
Return on Capital Employeed (%)	25.02	26.12	-7.24	8.51	8.87
Return On Assets (%)	1.04	2.46	-7.62	-2.12	-3.20
Long Term Debt / Equity (X)	0.00	0.00	0.67	0.54	0.77
Total Debt / Equity (X)	2.34	1.82	2.12	1.63	2.66
Asset Turnover Ratio (%)	0.13	0.12	0.11	0.11	0.14
Current Ratio (X)	1.31	1.39	1.87	2.18	1.78
Quick Ratio (X)	1.31	1.39	1.87	2.18	1.78
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	-6.85
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	-7.55
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	106.85
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	107.55
Interest Coverage Ratio (X)	1.24	1.48	-0.59	0.73	0.52
Interest Coverage Ratio (Post Tax) (X)	1.17	1.39	-0.36	0.69	0.62
Enterprise Value (Cr.)	9143.03	6649.54	8610.50	9364.24	8909.54
EV / Net Operating Revenue (X)	6.56	5.66	7.41	7.32	5.58
EV / EBITDA (X)	10.75	7.75	-26.79	17.90	19.50
MarketCap / Net Operating Revenue (X)	1.82	1.21	2.47	3.02	1.45
Retention Ratios (%)	0.00	0.00	0.00	0.00	106.85
Price / BV (X)	0.78	0.45	0.98	1.05	0.86
Price / Net Operating Revenue (X)	1.82	1.21	2.47	3.02	1.45
EarningsYield	0.04	0.15	-0.25	-0.05	-0.14

After reviewing the key financial ratios for Indostar Capital Finance Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 8.51. This value is within the healthy range. It has decreased from 16.55 (Mar 23) to 8.51, marking a decrease of 8.04.
For Diluted EPS (Rs.), as of Mar 24, the value is 8.51. This value is within the healthy range. It has decreased from 16.55 (Mar 23) to 8.51, marking a decrease of 8.04.
For Cash EPS (Rs.), as of Mar 24, the value is 10.95. This value is within the healthy range. It has decreased from 19.45 (Mar 23) to 10.95, marking a decrease of 8.50.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 237.75. It has increased from 228.66 (Mar 23) to 237.75, marking an increase of 9.09.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 237.75. It has increased from 228.66 (Mar 23) to 237.75, marking an increase of 9.09.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 102.36. It has increased from 86.30 (Mar 23) to 102.36, marking an increase of 16.06.
For PBDIT / Share (Rs.), as of Mar 24, the value is 62.48. This value is within the healthy range. It has decreased from 63.08 (Mar 23) to 62.48, marking a decrease of 0.60.
For PBIT / Share (Rs.), as of Mar 24, the value is 60.04. This value is within the healthy range. It has decreased from 60.18 (Mar 23) to 60.04, marking a decrease of 0.14.
For PBT / Share (Rs.), as of Mar 24, the value is 9.53. This value is within the healthy range. It has decreased from 17.54 (Mar 23) to 9.53, marking a decrease of 8.01.
For Net Profit / Share (Rs.), as of Mar 24, the value is 8.51. This value is within the healthy range. It has decreased from 16.55 (Mar 23) to 8.51, marking a decrease of 8.04.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 8.51. This value is within the healthy range. It has decreased from 16.55 (Mar 23) to 8.51, marking a decrease of 8.04.
For PBDIT Margin (%), as of Mar 24, the value is 61.03. This value is within the healthy range. It has decreased from 73.10 (Mar 23) to 61.03, marking a decrease of 12.07.
For PBIT Margin (%), as of Mar 24, the value is 58.65. This value exceeds the healthy maximum of 20. It has decreased from 69.73 (Mar 23) to 58.65, marking a decrease of 11.08.
For PBT Margin (%), as of Mar 24, the value is 9.30. This value is below the healthy minimum of 10. It has decreased from 20.32 (Mar 23) to 9.30, marking a decrease of 11.02.
For Net Profit Margin (%), as of Mar 24, the value is 8.31. This value is within the healthy range. It has decreased from 19.17 (Mar 23) to 8.31, marking a decrease of 10.86.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 8.31. This value is within the healthy range. It has decreased from 19.17 (Mar 23) to 8.31, marking a decrease of 10.86.
For Return on Networth / Equity (%), as of Mar 24, the value is 3.58. This value is below the healthy minimum of 15. It has decreased from 7.23 (Mar 23) to 3.58, marking a decrease of 3.65.
For Return on Capital Employeed (%), as of Mar 24, the value is 25.02. This value is within the healthy range. It has decreased from 26.12 (Mar 23) to 25.02, marking a decrease of 1.10.
For Return On Assets (%), as of Mar 24, the value is 1.04. This value is below the healthy minimum of 5. It has decreased from 2.46 (Mar 23) to 1.04, marking a decrease of 1.42.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 2.34. This value exceeds the healthy maximum of 1. It has increased from 1.82 (Mar 23) to 2.34, marking an increase of 0.52.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.13. It has increased from 0.12 (Mar 23) to 0.13, marking an increase of 0.01.
For Current Ratio (X), as of Mar 24, the value is 1.31. This value is below the healthy minimum of 1.5. It has decreased from 1.39 (Mar 23) to 1.31, marking a decrease of 0.08.
For Quick Ratio (X), as of Mar 24, the value is 1.31. This value is within the healthy range. It has decreased from 1.39 (Mar 23) to 1.31, marking a decrease of 0.08.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 1.24. This value is below the healthy minimum of 3. It has decreased from 1.48 (Mar 23) to 1.24, marking a decrease of 0.24.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.17. This value is below the healthy minimum of 3. It has decreased from 1.39 (Mar 23) to 1.17, marking a decrease of 0.22.
For Enterprise Value (Cr.), as of Mar 24, the value is 9,143.03. It has increased from 6,649.54 (Mar 23) to 9,143.03, marking an increase of 2,493.49.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 6.56. This value exceeds the healthy maximum of 3. It has increased from 5.66 (Mar 23) to 6.56, marking an increase of 0.90.
For EV / EBITDA (X), as of Mar 24, the value is 10.75. This value is within the healthy range. It has increased from 7.75 (Mar 23) to 10.75, marking an increase of 3.00.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.82. This value is within the healthy range. It has increased from 1.21 (Mar 23) to 1.82, marking an increase of 0.61.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 0.78. This value is below the healthy minimum of 1. It has increased from 0.45 (Mar 23) to 0.78, marking an increase of 0.33.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.82. This value is within the healthy range. It has increased from 1.21 (Mar 23) to 1.82, marking an increase of 0.61.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.15 (Mar 23) to 0.04, marking a decrease of 0.11.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Indostar Capital Finance Ltd as of April 4, 2025 is: 409.22

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Indostar Capital Finance Ltd is Undervalued by 32.86% compared to the current share price 308.00

Intrinsic Value of Indostar Capital Finance Ltd as of April 4, 2025 is: 791.62

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Indostar Capital Finance Ltd is Undervalued by 157.02% compared to the current share price 308.00

Last 5 Year EPS CAGR: 93.45%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Cash Conversion Cycle of 0.00, which is a positive sign. The company has shown consistent growth in sales (257.08 cr) and profit (53.58 cr) over the years.	The stock has a low average ROCE of 7.55%, which may not be favorable. The stock has a high average Working Capital Days of 32.55, which may not be favorable. The company has higher borrowings (5,377.08) compared to reserves (2,393.33), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Indostar Capital Finance Ltd:
1. Net Profit Margin: 8.31%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 25.02% (Industry Average ROCE: 18.4%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 3.58% (Industry Average ROE: 15.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.17
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.31
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 55.7 (Industry average Stock P/E: 65.44)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 2.34
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Indostar Capital Finance Ltd. is a Public Limited Listed company incorporated on 21/07/2009 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65100MH2009PLC268160 and registration number is 268160. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 1104.18 Cr. and Equity Capital is Rs. 136.08 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	Silver Utopia, 3rd Floor, Unit No 301-A, Opposite P & G Plaza, Mumbai Maharashtra 400099	investor.relations@indostarcapital.com http://www.indostarcapital.com

Management
Name	Position Held
Mr. Bobby Parikh	Non Exe.Ind.Chairman
Mr. Randhir Singh	Exe.V P & Whotime Director
Mr. Karthikeyan Srinivasan	WholeTime Director & CEO
Mr. Devdutt Marathe	Non Executive Director
Mr. Aditya Joshi	Non Executive Director
Mr. Vibhor Kumar Talreja	Non Executive Director
Mr. Dhanpal Jhaveri	Non Executive Director
Ms. Naina Krishna Murthy	Ind. Non-Executive Director
Mr. Hemant Kaul	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Indostar Capital Finance Ltd?

Indostar Capital Finance Ltd's intrinsic value (as of 04 April 2025) is ₹409.22 — 32.86% higher the current market price of ₹308.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 4,185 Cr. market cap, FY2025-2026 high/low of ₹343/188, reserves of 3,216 Cr, and liabilities of 13,027 Cr.

What is the Market Cap of Indostar Capital Finance Ltd?

The Market Cap of Indostar Capital Finance Ltd is 4,185 Cr..

What is the current Stock Price of Indostar Capital Finance Ltd as on 04 April 2025?

The current stock price of Indostar Capital Finance Ltd as on 04 April 2025 is 308.

What is the High / Low of Indostar Capital Finance Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Indostar Capital Finance Ltd stocks is ₹343/188.

What is the Stock P/E of Indostar Capital Finance Ltd?

The Stock P/E of Indostar Capital Finance Ltd is 55.7.

What is the Book Value of Indostar Capital Finance Ltd?

The Book Value of Indostar Capital Finance Ltd is 246.

What is the Dividend Yield of Indostar Capital Finance Ltd?

The Dividend Yield of Indostar Capital Finance Ltd is 0.00 %.

What is the ROCE of Indostar Capital Finance Ltd?

The ROCE of Indostar Capital Finance Ltd is 8.35 %.

What is the ROE of Indostar Capital Finance Ltd?

The ROE of Indostar Capital Finance Ltd is 3.66 %.

What is the Face Value of Indostar Capital Finance Ltd?

The Face Value of Indostar Capital Finance Ltd is 10.0.