IndoStar Capital Finance Ltd
INDOSTARIndoStar Capital Finance Ltd
INDOSTAR
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 36.28 | 1.22 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.61 | 2.45 | 0.98% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
IndoStar Capital Finance is a NBFC, primarily engaged in secured wholesale and retail lending business
Investor Presentation
View olderPeers
Compare with peersBajaj Finance Ltd
Jio Financial Services Ltd
Shriram Finance Ltd
Bajaj Housing Finance Ltd
Cholamandalam Investment and Finance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 644.05 | 719.91 | 788.98 | 1,205.63 | 1,598.91 | 1,287.15 | 1,174.29 | 1,179.66 | 1,397.54 | 1,473.90 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,325.66 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 39.45 | 48.19 | 106.53 | 149.42 | 188.70 | 173.71 | 205.04 | 177.81 | 270.71 | |||||||||||
| Selling & Administrative Expenses | 15.97 | 20.75 | 40.78 | 76.52 | 84.52 | 118.09 | 131.32 | 181.33 | 185.77 | |||||||||||
| Operating & Other expenses | 294.91 | 326.06 | 324.49 | 582.30 | 1,732.26 | 1,180.75 | 1,698.91 | 542.32 | 778.20 | |||||||||||
EBITDA | 293.72 | 324.91 | 317.18 | 397.39 | -406.57 | -185.40 | -860.98 | 278.20 | 162.86 | 148.24 | ||||||||||
| Depreciation/Amortization | 0.51 | 1.88 | 4.71 | 18.23 | 30.10 | 33.50 | 35.38 | 39.56 | 33.22 | 33.30 | ||||||||||
| PBIT | 293.21 | 323.03 | 312.47 | 379.16 | -436.67 | -218.90 | -896.36 | 238.64 | 129.64 | 114.94 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 293.21 | 323.03 | 312.47 | 379.16 | -436.67 | -218.90 | -896.36 | 238.64 | 129.64 | 114.94 | ||||||||||
| Taxes & Other Items | 101.57 | 112.25 | 112.15 | 138.36 | -112.05 | -4.79 | -159.85 | 13.49 | 13.81 | 6.20 | ||||||||||
| Net Income | 191.64 | 210.78 | 200.32 | 240.80 | -324.62 | -214.11 | -736.51 | 225.15 | 115.83 | 108.74 | ||||||||||
| EPS | 25.38 | 27.79 | 25.51 | 28.17 | -35.15 | -19.81 | -56.70 | 16.55 | 8.51 | 7.99 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.07 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
FinancialsConsumer Finance
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| IndoStar Capital Finance Ltd | 34.06 | 1.22 | — |
| Bajaj Finance Ltd | 29.18 | 5.50 | 0.53% |
| Jio Financial Services Ltd | 120.98 | 1.40 | — |
| Shriram Finance Ltd | 14.94 | 2.22 | 1.54% |
Price Comparison
Compare INDOSTAR with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 1.40%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 2 Mutual Funds holding IndoStar Capital Finance Ltd
| Funds (Top 2) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
WhiteOak Capital Banking & Financial Services Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0578% | Percentage of the fund’s portfolio invested in the stock 0.75% | Change in the portfolio weight of the stock over the last 3 months 0.75% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 33/59 (+9) |
Groww Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0101% | Percentage of the fund’s portfolio invested in the stock 0.85% | Change in the portfolio weight of the stock over the last 3 months -0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 38/49 (-6) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 19, 2019
Dividend/Share
₹1.00
Ex DateEx Date
Nov 19, 2019
Cash Dividend
Ex DateEx DateAug 22, 2019
Dividend/Share
₹1.00
Ex DateEx Date
Aug 22, 2019
Cash Dividend
Ex DateEx DateNov 13, 2018
Dividend/Share
₹1.00
Ex DateEx Date
Nov 13, 2018
IndoStar Capital Finance has allotted 1,163 equity shares of the Company of face value of Rs 10 each pursuant to exercise of stock options under IndoStar ESOP Plan 2018. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs 1,36,08,82,970/- consisting of 13,60,88,297 equity shares of Rs 10/- each. Powered by Capital Market - Live
Net profit of Indostar Capital Finance rose 27.90% to Rs 31.68 crore in the quarter ended September 2024 as against Rs 24.77 crore during the previous quarter ended September 2023. Sales rose 47.29% to Rs 344.99 crore in the quarter ended September 2024 as against Rs 234.23 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales344.99234.23 47 OPM %59.8566.90 - PBDT25.7716.01 61 PBT17.869.64 85 NP31.6824.77 28 Powered by Capital Market - Live
IndoStar Capital Finance will hold a meeting of the Board of Directors of the Company on 18 October 2024.Powered by Capital Market - Live
IndoStar Home Finance Private Limited (IHFPL) was a subsidiary Indostar Capital Finance. WITKOPEEND B.V. is an affiliate of BPEA EQT Mid-Market Growth Partnership (EQT), a global private equity investor. The transaction is subject to customary conditions precedent, including receipt of RBI approval, consents from lenders and shareholders' approval. Further, EQT plans to invest INR 500 crore into IHFPL upon or shortly after closing of this transaction, and the board of IHFPL has granted an in-principle approval for such infusion. The transaction will provide IndoStar with capital for accelerated growth and value creation in its core verticals of vehicle finance and small business loans. Bobby Parikh, chairman of IndoStar, said: 'This transaction represents an important strategic move for IndoStar as we focus on driving accelerated growth and value creation in our core verticals including vehicle finance and small business loans. We are confident that under EQT's stewardship, IndoStar Home Finance will continue to thrive and deliver value to its stakeholders.' Indostar Capital Finance is a non-banking finance company (NBFC) registered with the Reserve Bank of India as a systemically important non-deposit taking company. With Brookfield & Everstone as co-promoters, IndoStar is a professionally managed and institutionally owned entity engaged in providing used and new commercial vehicle financing. Powered by Capital Market - Live
IndoStar Capital Finance announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Indostar Capital Finance has approved the public issue of secured, redeemable, non-convertible debentures of face value of Rs 1,000 each (NCDs) for an amount aggregating up to Rs 150 crore (Base Limit) with a Green Shoe Option of up to Rs 150 crore aggregating up to Rs 300 crore (Issue). The issue opens on 06 September 2024 and closed on 19 September 2024. Powered by Capital Market - Live
IndoStar Capital Finance will hold a meeting of the Board of Directors of the Company on 29 August 2024.Powered by Capital Market - Live
Indostar Capital Finance Q1 Results Review - Business Momentum Healthy; Earnings Down: Motilal Oswal
Indostar Capital Finance consolidated net profit declines 35.96% in the June 2024 quarter
Net profit of Indostar Capital Finance declined 35.96% to Rs 24.93 crore in the quarter ended June 2024 as against Rs 38.93 crore during the previous quarter ended June 2023. Sales rose 30.25% to Rs 389.55 crore in the quarter ended June 2024 as against Rs 299.09 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales389.55299.09 30 OPM %60.9368.08 - PBDT39.0749.51 -21 PBT29.7341.64 -29 NP24.9338.93 -36 Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 3%, vs industry avg of 15.2%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.97% to 0.6%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -13.62%, vs industry avg of 20.97%