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Indostar Capital Finance Ltd share Price Today

Company details

244.35
254.50
157.50
280.00
6M Return 35.69%
1Y Return 62.18%
Mkt Cap.(Cr) 3,401.98
Volume 91,427
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 91,427

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Finance company Indostar Capital Finance announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • AUM at Rs 8,763 crore, up 9% from Rs 8,037 crore in Q3FY24
  • Focus Retail AUM (CV HFC) ~ Rs 7,864 crore; up 14% from ~ Rs 6,897 crore in Q3FY24
  • Disbursements of Rs 1,767 crore, up 31% from Rs 1,345 crore in Q3FY24
  • Incremental funding of Rs 1,845 crore raised during Q4FY24
  • Debt/Equity Ratio at 2.3x times
  • Improved Gross Stage 3 assets at 4.10% for Q4FY24
  • Net Stage 3 assets are at 1.80% for Q4FY24

FY24 Financial Highlights:

  • AUM at Rs 8,763 crore, up 12% from Rs 7,813 crore in FY23
  • Focus Retail AUM (CV HFC) ~ Rs 7,864 crore; up 49% from ~ Rs 5,295 crore in FY23
  • Disbursements (CV HFC) of Rs 5,081 crore, up 173% from Rs 1,863 crore in FY23
  • Improved Gross Stage 3 assets at 4.10% at close of FY24 vs. 6.77% in FY23

Result PDF

View Other Company Results

Indostar Capital Finance Ltd shares SWOT Analysis

Strengths (6)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Weakness (3)

  • Red Flag: High Interest Payments Compared to Earnings
  • Negative profit growth, promoters decreasing shareholding QoQ
  • Major fall in TTM Net Profit

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Decrease in Provision in recent results

Threats (2)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income

Resistance and support

R1 251.9
R2 256.0
R3 262.0
Pivot

245.96

S1 241.9
S2 235.9
S3 231.9
EMA SMA
245.1
241.4
230.8
212.8
246.1
241.1
232.4
205.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
COHESION MK BEST IDEAS SUB-TRUST Bulk Purchase 2024-03-28 186.1 760427 BSE
ECP III FVCI PTE LTD Bulk Sell 2024-03-28 186.11 1909919 BSE
ROSY BLUE INDIA PVT. LTD. Bulk Purchase 2023-05-09 130.59 642939 NSE
Name Category Shares
Bcp V Multiple Holdings Pte Ltd PROMOTER 56.2%
Indostar Capital PROMOTER 17.09%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Indostar Capital Finance Ltd Stocks COMPARISON

Financials( in Cr) Indostar Capital Finance Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Indian Railway Finance Corporation Ltd Jio Financial Services Ltd
Price 250.00 6,607.15 1,579.25 192.27 334.70
% Change 2.53 -6.35 -0.21 -5.62 -3.81
Mcap Cr 3,401.98 408,979.94 252,152.85 251,268.16 212,644.42
Revenue TTM Cr 1,178.07 54,971.56 110,382.29 23,891.95 44.84
Net Profit TTM Cr 225.15 14,451.17 15,595.36 6,337.01 31.25
PE TTM 29.00 27.92 31.67 39.54 133.98
1 Year Return 62.18 -12.29 -1.16 483.52 34.47
ROCE 8.99 11.92 13.15 5.32 0.03
ROE 7.09 22.05 29.22 14.66 0.02
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,111.59 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 8,306.88 53,539.14
LAST 3M 89,013.52 64,904.32
LAST 6M 176,751.92 63,807.63
LAST 12M 305,416.58 96,213.98

Indostar Capital Finance Ltd Information

Stock PE (TTM)
29
Promoter Holding
73.6%
Book Value
237.7452
ROCE
8.99%
ROE
7.09%
Description
  • IndoStar Capital Finance Limited was incorporated as a Private Limited Company with the name `R V Vyapaar Private Limited` on July 21, 2009. The Company was registered as a non-public deposit taking NBFC pursuant to a Certificate of Registration dated June 17, 2010, issued by the RBI. For business and commercial reasons, the name of the Company was changed to `IndoStar Capital Finance Private Limited` on November 15, 2010. The Company became a Public Limited Company and the name was changed to `IndoStar Capital Finance Limited` on May 28, 2014. The Company is registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit taking Non-Banking Financial Company. The Company is primarily engaged in lending business. In 2011, the company received investment from Indostar Capital. In 2012, the company entered into its first loan facility agreement. During the year under review, the company received long term external credit rating of CARE AA- from CARE for long term facilities of Rs 500 crore. It also received external credit rating of CARE A1 from CARE for its proposed commercial papers with a limit of Rs 50 crore. During the year under review, the company issued commercial papers worth Rs 100 crore and NCDs worth Rs 200 crore. In 2013, IndoStar Asset Advisory Private Limited was incorporated. In 2015, the company launched SME finance business with the disbursement of first SME loan. During the year under review, IndoStar Credit Fund (managed by IAAPL) was registered with SEBI. In 2016, the company incorporated a wholly-owned subsidiary under the name IndoStar Home Finance Private Limited (IHFPL) for housing finance business. During the year under review, the company implemented an enterprise-wide loan management system OmniFin. During the year under review, IHFPL received license from NHB to carry on the business of a housing finance institution without accepting public deposits. In 2017, the company disbursed its first housing loan. During the year under review, the company launched vehicle finance business and disbursed its first vehicle finance loan. In 2018, the company opened its 100th branch and reached employee count of 1,000. The company came out with an initial public offer (IPO) during the period from 9 May 2018 to 11 May2018. The IPO was a combination of fresh issue of Rs 700 crore and offer for sales of upto two crore equity shares (1.85 crore shares by promoter Indostar Capital and 0.15 crore share by other selling shareholders). The IPO was priced at Rs 572 per share. The issue was subscribed 6.8 times. The stock made its debut on the bourses on 21 May 2018. The Board of Directors of IndoStar Capital Finance Limited at its Meeting held on 30 May 2018 considered and approved termination of Share Sale and Purchase Agreement dated 7 February 2018, executed between the company, Everstone Capital Advisors Private Limited (ECAPL) and IndoStar Asset Advisory Private Limited (IAAPL) for sale of 10,000 fully paid equity shares of Face Value of Rs 10 each (constituting 100% of the share capital) of IAAPL, held by the company to ECAPL. IndoStar Capital Finance Limited on 19 June 2018 subscribed 3.5 crore equity shares of face value of Rs 10 each issued by IndoStar Home Finance Private Limited, a wholly-owned subsidiary of the company (IHFPL) on right issue basis at par, wherein Rs 17.50 crore was paid towards application money and balance amount shall be paid in one or more tranches, as and when calls are made by the Board of Directors of IHFPL. On 24 August 2018, IndoStar Capital Finance Limited informed the stock exchanges that credit rating agency CARE Ratings Limited (CARE) has revised the outlook for rating of the Long Term Debt Programme including Market Linked Debentures of the company from `Stable` to `Positive`. On 10 October 2018, IndoStar Capital Finance Limited said in a press release that the company has comfortable liquidity position, strong balance sheet and excellent asset quality. It has cash & equivalents on hand at Rs 1263 crore which is 22% of its external debt. The company has positive ALM, month on month, for next 18 months. The Company acquired the CV Finance business of India Infoline Finance Limited (IIFL), which helped it to double the distribution footprint to 322 branches in 2019. The Company broadened the retail lending business, which includes CV Finance, SME Finance and Affordable Housing Finance. Brookfield Business Partners L.P., one of the largest asset managers in the world, with US$ 500 billion under management, invested Rs 1225 Crore as primary capital into the Company in 2020, and thereby became a promoter, along with IndoStar Capital Mauritius with effect from July 9, 2020.

Registered Address

Unit No 505 5th Floor Wing2/E, Corporate Avenue Andheri East, Mumbai, Maharashtra, 400093

Email : investor.relations:indostarcapital.com
Website : http://www.indostarcapital.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 541336
NSE Code : INDOSTAR
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE896L01010

FAQ’s on Indostar Capital Finance Ltd Shares

You can buy Indostar Capital Finance Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indostar Capital Finance Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 24, 2024 03:55 PM the closing price of Indostar Capital Finance Ltd was Rs.250.00.

The latest PE ratio of Indostar Capital Finance Ltd as of Jul 24, 2024 03:55 PM is 29.00

The latest PB ratio of Indostar Capital Finance Ltd as of Jul 24, 2024 03:55 PM is 0.96

The 52-week high of Indostar Capital Finance Ltd share price is Rs. 280.00 while the 52-week low is Rs. 157.50

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 24, 2024 03:55 PM, the market cap of Indostar Capital Finance Ltd stood at Rs. 3,401.98 Cr.

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