Fedbank Financial Services Ltd
•₹ 156.841.82%
2026-08-21
PROS
- Company has delivered good profit growth of 41.9% CAGR over last 5 years
- Comfortable capital adequacy - CAR of 21.9%
- Solid return on assets for a lender - ROA of 1.8%
- Asset quality is healthy - gross NPA of just 2.0%
- Latest quarter profit grew 52.5% YoY, showing strong momentum
- Company has delivered good sales growth of 35.2% CAGR over last 5 years
CONS
- Company has a low return on capital employed of 10.1%
- Free cash flow has been persistently negative
- Equity base is being diluted - shares outstanding up 15.9%
- Thin net interest margin of 0.0%
- Operating margins have contracted to 57.1% from 60.2%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BAJFINANCE | 1078.60 | 33.07 | 671531.43 | 0.56 | 6080.60 | 27.60 | 23165.45 | 20.37 | 10.87 | 70.70 |
| 2. | SHRIRAMFIN | 1104.90 | 22.97 | 259981.15 | 0.98 | 3452.77 | 59.90 | 13400.43 | 17.46 | 11.49 | 74.63 |
| 3. | JIOFIN | 242.70 | 77.55 | 160258.25 | 0.25 | 830.25 | 155.73 | 2004.47 | 227.28 | 2.11 | 69.71 |
| 4. | CHOLAFIN | 1866.25 | 27.72 | 159390.07 | 0.11 | 1656.22 | 45.56 | 8856.29 | 21.89 | 9.70 | 70.07 |
| 5. | TATACAP | 365.15 | 28.68 | 155001.39 | 0.16 | 16281.80 | 1464.16 | 88219.30 | 1051.00 | 8.66 | 75.72 |
| 6. | BAJAJHLDNG | 11322.85 | 14.23 | 126015.97 | 1.72 | 2708.08 | -92.27 | 394.33 | 23.34 | 14.81 | 684.72 |
| 7. | MUTHOOTFIN | 2859.20 | 10.09 | 114787.87 | 1.05 | 2824.84 | 43.08 | 8671.60 | 36.25 | 15.87 | 83.76 |
| 8. | ABCAPITAL | 396.75 | 26.46 | 108592.29 | 0.00 | 1223.85 | 43.85 | 12179.54 | 137.84 | 8.82 | 41.91 |
| 9. | LTF | 315.00 | 24.80 | 78940.44 | 0.87 | 915.99 | 30.70 | 5212.92 | 22.38 | 8.54 | 62.13 |
| 10. | SBICARD | 626.30 | 0.00 | 59601.37 | 0.40 | 664.44 | 19.51 | 5040.55 | 7.60 | 11.75 | 29.83 |
| 11. | HDBFS | 681.15 | 26.00 | 56579.31 | 0.59 | 785.20 | 38.31 | 4937.90 | 18.71 | 9.09 | 57.98 |
| 12. | FEDFINA | 149.70 | 0.00 | 5614.00 | 0.00 | 114.38 | 52.49 | 669.93 | 29.68 | 9.94 | 65.69 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 361 | 395 | 413 | 408 | 477 | 518 | 530 | 536 | 517 | 535 | 555 | 616 | 670 | |
| 124 | 144 | 156 | 154 | 184 | 207 | 273 | 210 | 187 | 202 | 215 | 228 | 517 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 6 | 3 | 16 | 20 | 14 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Interest | 164 | 167 | 176 | 173 | 202 | 214 | 221 | 216 | 218 | 214 | 208 | 239 | 273 |
| Depreciation | 9 | 9 | 10 | 9 | 11 | 12 | 13 | 13 | 12 | 13 | 14 | 15 | 14 |
| 72 | 77 | 88 | 91 | 94 | 86 | 25 | 99 | 100 | 107 | 118 | 135 | 153 | |
| Tax % | 25.23% | 25.35% | 25.51% | 25.53% | 24.99% | 25.31% | 25.08% | 27.37% | 25.25% | 25.42% | 25.68% | 25.48% | 25.48% |
| Net Profit | 54 | 58 | 65 | 68 | 70 | 65 | 19 | 72 | 75 | 80 | 88 | 101 | 114 |
| 2 | 2 | 2 | 2 | 2 | 2 | 0 | 2 | 2 | 2 | 2 | 3 | 0 | |
| Equity Capital | 322 | 324 | 369 | 369 | 371 | 372 | 373 | 373 | 373 | 374 | 374 | 374 | 375 |
| Reserves | 0 | 0 | 0 | 1,891 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 322 | 324 | 369 | 369 | 371 | 372 | 373 | 373 | 373 | 374 | 374 | 374 | 375 |
| Reserves | 0 | 0 | 0 | 1,891 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 361
- 124
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 164
- Depreciation
- 9
- 72
- Tax %
- 25.23%
- Net Profit
- 54
- 2
- Equity Capital
- 322
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 322
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 395
- 144
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 167
- Depreciation
- 9
- 77
- Tax %
- 25.35%
- Net Profit
- 58
- 2
- Equity Capital
- 324
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 324
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 413
- 156
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 176
- Depreciation
- 10
- 88
- Tax %
- 25.51%
- Net Profit
- 65
- 2
- Equity Capital
- 369
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 369
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 408
- 154
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 173
- Depreciation
- 9
- 91
- Tax %
- 25.53%
- Net Profit
- 68
- 2
- Equity Capital
- 369
- Reserves
- 1,891
- Promoter Pledge %
- 0.00%
- Equity Capital
- 369
- Reserves
- 1,891
- Promoter Pledge %
- 0.00%
Jun 2024
- 477
- 184
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 202
- Depreciation
- 11
- 94
- Tax %
- 24.99%
- Net Profit
- 70
- 2
- Equity Capital
- 371
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 371
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 518
- 207
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 214
- Depreciation
- 12
- 86
- Tax %
- 25.31%
- Net Profit
- 65
- 2
- Equity Capital
- 372
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 372
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 530
- 273
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 221
- Depreciation
- 13
- 25
- Tax %
- 25.08%
- Net Profit
- 19
- 0
- Equity Capital
- 373
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 373
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 536
- 210
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 216
- Depreciation
- 13
- 99
- Tax %
- 27.37%
- Net Profit
- 72
- 2
- Equity Capital
- 373
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 373
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 517
- 187
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 218
- Depreciation
- 12
- 100
- Tax %
- 25.25%
- Net Profit
- 75
- 2
- Equity Capital
- 373
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 373
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 535
- 202
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 214
- Depreciation
- 13
- 107
- Tax %
- 25.42%
- Net Profit
- 80
- 2
- Equity Capital
- 374
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 374
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 555
- 215
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 208
- Depreciation
- 14
- 118
- Tax %
- 25.68%
- Net Profit
- 88
- 2
- Equity Capital
- 374
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 374
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 616
- 228
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 239
- Depreciation
- 15
- 135
- Tax %
- 25.48%
- Net Profit
- 101
- 3
- Equity Capital
- 374
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 374
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 670
- 517
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 273
- Depreciation
- 14
- 153
- Tax %
- 25.48%
- Net Profit
- 114
- 0
- Equity Capital
- 375
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 375
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 88 | 133 | 197 | 255 | 450 | 692 | 869 | 1,179 | 1,577 | 2,036 | 2,377 | |
| 42 | 49 | 70 | 96 | 190 | 281 | 360 | 463 | 588 | 873 | 1,162 | |
| Operating Profit | 47 | 85 | 128 | 163 | 276 | 417 | 524 | 772 | 1,045 | 1,206 | — |
| OPM % | 53 | 64 | 65 | 64 | 61 | 60 | 60 | 66 | 66 | 59 | — |
| Other Income | 1 | 2 | 1 | 4 | 17 | 6 | 14 | 56 | 55 | 44 | 3 |
| Interest | 25 | 48 | 77 | 112 | 201 | 313 | 348 | 472 | 680 | 854 | 934 |
| Depreciation | 3 | 2 | 2 | 2 | 19 | 27 | 37 | 42 | 37 | 49 | 56 |
| 19 | 35 | 49 | 49 | 56 | 77 | 139 | 243 | 328 | 304 | 514 | |
| Tax % | 35 | 36 | 38 | 29 | 30 | 20 | 26 | 26 | 25 | 26 | 26 |
| Net Profit | 12 | 23 | 31 | 35 | 39 | 62 | 103 | 180 | 245 | 225 | 383 |
| EPS | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 6 | 7 | 6 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 6 | 7 | 6 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 6 | 7 | 6 | — |
Mar 2016
- 88
- 42
- Operating Profit
- 47
- OPM %
- 53
- Other Income
- 1
- Interest
- 25
- Depreciation
- 3
- 19
- Tax %
- 35
- Net Profit
- 12
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 133
- 49
- Operating Profit
- 85
- OPM %
- 64
- Other Income
- 2
- Interest
- 48
- Depreciation
- 2
- 35
- Tax %
- 36
- Net Profit
- 23
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 197
- 70
- Operating Profit
- 128
- OPM %
- 65
- Other Income
- 1
- Interest
- 77
- Depreciation
- 2
- 49
- Tax %
- 38
- Net Profit
- 31
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 255
- 96
- Operating Profit
- 163
- OPM %
- 64
- Other Income
- 4
- Interest
- 112
- Depreciation
- 2
- 49
- Tax %
- 29
- Net Profit
- 35
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 450
- 190
- Operating Profit
- 276
- OPM %
- 61
- Other Income
- 17
- Interest
- 201
- Depreciation
- 19
- 56
- Tax %
- 30
- Net Profit
- 39
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 692
- 281
- Operating Profit
- 417
- OPM %
- 60
- Other Income
- 6
- Interest
- 313
- Depreciation
- 27
- 77
- Tax %
- 20
- Net Profit
- 62
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 869
- 360
- Operating Profit
- 524
- OPM %
- 60
- Other Income
- 14
- Interest
- 348
- Depreciation
- 37
- 139
- Tax %
- 26
- Net Profit
- 103
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 1,179
- 463
- Operating Profit
- 772
- OPM %
- 66
- Other Income
- 56
- Interest
- 472
- Depreciation
- 42
- 243
- Tax %
- 26
- Net Profit
- 180
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 1,577
- 588
- Operating Profit
- 1,045
- OPM %
- 66
- Other Income
- 55
- Interest
- 680
- Depreciation
- 37
- 328
- Tax %
- 25
- Net Profit
- 245
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2025
- 2,036
- 873
- Operating Profit
- 1,206
- OPM %
- 59
- Other Income
- 44
- Interest
- 854
- Depreciation
- 49
- 304
- Tax %
- 26
- Net Profit
- 225
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
TTM
- 2,377
- 1,162
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 934
- Depreciation
- 56
- 514
- Tax %
- 26
- Net Profit
- 383
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 39%
- 5 Years:
- 35%
- 3 Years:
- 33%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 43%
- 5 Years:
- 42%
- 3 Years:
- 30%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 15%
RETURN ON EQUITY
- 10 Years:
- 10%
- 5 Years:
- 11%
- 3 Years:
- 13%
- Last Year:
- 9%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 190 | 190 | 190 | 230 | 273 | 290 | 322 | 322 | 369 | 373 |
| 18 | 40 | 70 | 232 | 415 | 540 | 825 | 1,019 | 1,879 | 2,167 | |
| 246 | 433 | 305 | 290 | 267 | 472 | 448 | 516 | 3,128 | 3,890 | |
| Trade Payables | 1 | 1 | 2 | 7 | 9 | 4 | 6 | 26 | 12 | 8 |
| 185 | 335 | 910 | 1,366 | 3,115 | 4,140 | 4,924 | 7,166 | 5,747 | 6,801 | |
| Total Liabilities | 639 | 1,000 | 1,477 | 2,125 | 4,080 | 5,446 | 6,524 | 9,049 | 11,136 | 13,239 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 4 | 3 | 4 | 6 | 107 | 133 | 154 | 146 | 146 | 189 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
| 0 | 0 | 9 | 13 | 41 | 32 | 514 | 681 | 751 | 404 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 19 | |
| Cash & Bank | 4 | 5 | 14 | 59 | 217 | 681 | 143 | 95 | 186 | 835 |
| 632 | 992 | 1,449 | 2,047 | 3,714 | 4,599 | 5,713 | 8,128 | 10,023 | 11,792 | |
| Total Assets | 639 | 1,000 | 1,477 | 2,125 | 4,080 | 5,446 | 6,524 | 9,049 | 11,136 | 13,239 |
| Total Debt | 403 | 716 | 1,155 | 1,600 | 3,218 | 4,328 | 5,017 | 7,136 | 8,215 | 10,269 |
| Net Working Capital | 27 | -100 | 14 | 80 | 3,522 | 4,530 | 5,528 | 7,749 | -2,538 | -2,852 |
| Contingent Liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 10 | 8 |
| Book Value per Share | 10.94 | 12.13 | 13.67 | 20.09 | 25.19 | 28.61 | 35.65 | 41.65 | 60.87 | 68.14 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 403 | 716 | 1,155 | 1,600 | 3,218 | 4,328 | 5,017 | 7,136 | 8,215 | 10,269 |
| Net Working Capital | 27 | -100 | 14 | 80 | 3,522 | 4,530 | 5,528 | 7,749 | -2,538 | -2,852 |
| Contingent Liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 10 | 8 |
| Book Value per Share | 10.94 | 12.13 | 13.67 | 20.09 | 25.19 | 28.61 | 35.65 | 41.65 | 60.87 | 68.14 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 190
- 18
- 246
- Trade Payables
- 1
- 185
- Total Liabilities
- 639
- 4
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 4
- 632
- Total Assets
- 639
- Total Debt
- 403
- Net Working Capital
- 27
- Contingent Liabilities
- 1
- Book Value per Share
- 10.94
- Face Value
- 10.00
- Total Debt
- 403
- Net Working Capital
- 27
- Contingent Liabilities
- 1
- Book Value per Share
- 10.94
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 190
- 40
- 433
- Trade Payables
- 1
- 335
- Total Liabilities
- 1,000
- 3
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 5
- 992
- Total Assets
- 1,000
- Total Debt
- 716
- Net Working Capital
- -100
- Contingent Liabilities
- 1
- Book Value per Share
- 12.13
- Face Value
- 10.00
- Total Debt
- 716
- Net Working Capital
- -100
- Contingent Liabilities
- 1
- Book Value per Share
- 12.13
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 190
- 70
- 305
- Trade Payables
- 2
- 910
- Total Liabilities
- 1,477
- 4
- Capital Work in Progress
- 0
- 9
- 0
- Cash & Bank
- 14
- 1,449
- Total Assets
- 1,477
- Total Debt
- 1,155
- Net Working Capital
- 14
- Contingent Liabilities
- 1
- Book Value per Share
- 13.67
- Face Value
- 10.00
- Total Debt
- 1,155
- Net Working Capital
- 14
- Contingent Liabilities
- 1
- Book Value per Share
- 13.67
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 230
- 232
- 290
- Trade Payables
- 7
- 1,366
- Total Liabilities
- 2,125
- 6
- Capital Work in Progress
- 0
- 13
- 0
- Cash & Bank
- 59
- 2,047
- Total Assets
- 2,125
- Total Debt
- 1,600
- Net Working Capital
- 80
- Contingent Liabilities
- 1
- Book Value per Share
- 20.09
- Face Value
- 10.00
- Total Debt
- 1,600
- Net Working Capital
- 80
- Contingent Liabilities
- 1
- Book Value per Share
- 20.09
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 273
- 415
- 267
- Trade Payables
- 9
- 3,115
- Total Liabilities
- 4,080
- 107
- Capital Work in Progress
- 0
- 41
- 0
- Cash & Bank
- 217
- 3,714
- Total Assets
- 4,080
- Total Debt
- 3,218
- Net Working Capital
- 3,522
- Contingent Liabilities
- 1
- Book Value per Share
- 25.19
- Face Value
- 10.00
- Total Debt
- 3,218
- Net Working Capital
- 3,522
- Contingent Liabilities
- 1
- Book Value per Share
- 25.19
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 290
- 540
- 472
- Trade Payables
- 4
- 4,140
- Total Liabilities
- 5,446
- 133
- Capital Work in Progress
- 1
- 32
- 0
- Cash & Bank
- 681
- 4,599
- Total Assets
- 5,446
- Total Debt
- 4,328
- Net Working Capital
- 4,530
- Contingent Liabilities
- 1
- Book Value per Share
- 28.61
- Face Value
- 10.00
- Total Debt
- 4,328
- Net Working Capital
- 4,530
- Contingent Liabilities
- 1
- Book Value per Share
- 28.61
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 322
- 825
- 448
- Trade Payables
- 6
- 4,924
- Total Liabilities
- 6,524
- 154
- Capital Work in Progress
- 1
- 514
- 0
- Cash & Bank
- 143
- 5,713
- Total Assets
- 6,524
- Total Debt
- 5,017
- Net Working Capital
- 5,528
- Contingent Liabilities
- 0
- Book Value per Share
- 35.65
- Face Value
- 10.00
- Total Debt
- 5,017
- Net Working Capital
- 5,528
- Contingent Liabilities
- 0
- Book Value per Share
- 35.65
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 322
- 1,019
- 516
- Trade Payables
- 26
- 7,166
- Total Liabilities
- 9,049
- 146
- Capital Work in Progress
- 1
- 681
- 0
- Cash & Bank
- 95
- 8,128
- Total Assets
- 9,049
- Total Debt
- 7,136
- Net Working Capital
- 7,749
- Contingent Liabilities
- 1
- Book Value per Share
- 41.65
- Face Value
- 10.00
- Total Debt
- 7,136
- Net Working Capital
- 7,749
- Contingent Liabilities
- 1
- Book Value per Share
- 41.65
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 369
- 1,879
- 3,128
- Trade Payables
- 12
- 5,747
- Total Liabilities
- 11,136
- 146
- Capital Work in Progress
- 0
- 751
- 30
- Cash & Bank
- 186
- 10,023
- Total Assets
- 11,136
- Total Debt
- 8,215
- Net Working Capital
- -2,538
- Contingent Liabilities
- 10
- Book Value per Share
- 60.87
- Face Value
- 10.00
- Total Debt
- 8,215
- Net Working Capital
- -2,538
- Contingent Liabilities
- 10
- Book Value per Share
- 60.87
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 373
- 2,167
- 3,890
- Trade Payables
- 8
- 6,801
- Total Liabilities
- 13,239
- 189
- Capital Work in Progress
- 0
- 404
- 19
- Cash & Bank
- 835
- 11,792
- Total Assets
- 13,239
- Total Debt
- 10,269
- Net Working Capital
- -2,852
- Contingent Liabilities
- 8
- Book Value per Share
- 68.14
- Face Value
- 10.00
- Total Debt
- 10,269
- Net Working Capital
- -2,852
- Contingent Liabilities
- 8
- Book Value per Share
- 68.14
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -132 | -321 | -418 | -453 | -1,393 | -371 | -578 | -1,474 | -776 | -978 | |
| Cash from Investing | 14 | -1 | -9 | -3 | -72 | -71 | -417 | -130 | -100 | 329 |
| Cash from Financing | 115 | 322 | 437 | 501 | 1,599 | 825 | 535 | 1,632 | 967 | 1,187 |
| -3 | 1 | 9 | 45 | 133 | 384 | -460 | 28 | 92 | 539 | |
| Free Cash Flow | -132 | -321 | -421 | -456 | -1,513 | -391 | -615 | -1,474 | -811 | -1,045 |
| OCF / Net Profit | -10.77 | -14.23 | -13.59 | -12.90 | -35.60 | -6.02 | -5.59 | -8.18 | -3.17 | -4.34 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -2,843 | -3,102 | -3,396 | -4,450 | -4,804 | -4,337 |
| OCF / Net Profit | -10.77 | -14.23 | -13.59 | -12.90 | -35.60 | -6.02 | -5.59 | -8.18 | -3.17 | -4.34 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -2,843 | -3,102 | -3,396 | -4,450 | -4,804 | -4,337 |
Mar 2016
- -132
- Cash from Investing
- 14
- Cash from Financing
- 115
- -3
- Free Cash Flow
- -132
- OCF / Net Profit
- -10.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -10.77
- Cumulative 5-Year FCF
- 0
Mar 2017
- -321
- Cash from Investing
- -1
- Cash from Financing
- 322
- 1
- Free Cash Flow
- -321
- OCF / Net Profit
- -14.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -14.23
- Cumulative 5-Year FCF
- 0
Mar 2018
- -418
- Cash from Investing
- -9
- Cash from Financing
- 437
- 9
- Free Cash Flow
- -421
- OCF / Net Profit
- -13.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -13.59
- Cumulative 5-Year FCF
- 0
Mar 2019
- -453
- Cash from Investing
- -3
- Cash from Financing
- 501
- 45
- Free Cash Flow
- -456
- OCF / Net Profit
- -12.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -12.90
- Cumulative 5-Year FCF
- 0
Mar 2020
- -1,393
- Cash from Investing
- -72
- Cash from Financing
- 1,599
- 133
- Free Cash Flow
- -1,513
- OCF / Net Profit
- -35.60
- Cumulative 5-Year FCF
- -2,843
- OCF / Net Profit
- -35.60
- Cumulative 5-Year FCF
- -2,843
Mar 2021
- -371
- Cash from Investing
- -71
- Cash from Financing
- 825
- 384
- Free Cash Flow
- -391
- OCF / Net Profit
- -6.02
- Cumulative 5-Year FCF
- -3,102
- OCF / Net Profit
- -6.02
- Cumulative 5-Year FCF
- -3,102
Mar 2022
- -578
- Cash from Investing
- -417
- Cash from Financing
- 535
- -460
- Free Cash Flow
- -615
- OCF / Net Profit
- -5.59
- Cumulative 5-Year FCF
- -3,396
- OCF / Net Profit
- -5.59
- Cumulative 5-Year FCF
- -3,396
Mar 2023
- -1,474
- Cash from Investing
- -130
- Cash from Financing
- 1,632
- 28
- Free Cash Flow
- -1,474
- OCF / Net Profit
- -8.18
- Cumulative 5-Year FCF
- -4,450
- OCF / Net Profit
- -8.18
- Cumulative 5-Year FCF
- -4,450
Mar 2024
- -776
- Cash from Investing
- -100
- Cash from Financing
- 967
- 92
- Free Cash Flow
- -811
- OCF / Net Profit
- -3.17
- Cumulative 5-Year FCF
- -4,804
- OCF / Net Profit
- -3.17
- Cumulative 5-Year FCF
- -4,804
Mar 2025
- -978
- Cash from Investing
- 329
- Cash from Financing
- 1,187
- 539
- Free Cash Flow
- -1,045
- OCF / Net Profit
- -4.34
- Cumulative 5-Year FCF
- -4,337
- OCF / Net Profit
- -4.34
- Cumulative 5-Year FCF
- -4,337
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.64 | 1.19 | 1.62 | 1.52 | 1.43 | 2.13 | 3.22 | 5.60 | 6.62 | 6.04 |
| Book Value (₹) | 10.94 | 12.13 | 13.67 | 20.09 | 25.19 | 28.61 | 35.65 | 41.65 | 60.87 | 68.14 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.79 | 1.28 | 1.70 | 1.60 | 2.13 | 3.07 | 4.36 | 6.90 | 7.64 | 7.35 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 53.40% | 64.43% | 65.05% | 64.06% | 61.42% | 60.33% | 60.23% | 65.53% | 62.75% | 57.10% |
| Net Margin % | 13.92% | 16.99% | 15.67% | 13.78% | 8.70% | 8.92% | 11.90% | 15.28% | 15.51% | 11.06% |
| ROE % | 6.07% | 10.28% | 12.57% | 9.72% | 6.80% | 8.13% | 10.47% | 14.49% | 13.64% | 9.41% |
| ROCE % | 8.29% | 10.75% | 10.70% | 9.28% | 8.61% | 8.60% | 8.59% | 9.76% | 10.63% | 9.94% |
| 2.21% | 2.75% | 2.49% | 1.95% | 1.26% | 1.30% | 1.73% | 2.31% | 2.42% | 1.85% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 4 | 3 | 2 | 1 | 2 | 2 | 4 | 5 | 6 | 4 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 | 3 | 2 | 1 | 2 | 2 | 4 | 5 | 6 | 4 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.94x | 3.11x | 4.45x | 3.46x | 4.67x | 5.22x | 4.38x | 5.32x | 3.65x | 4.04x |
| Interest Coverage (x) | 1.74x | 1.74x | 1.64x | 1.44x | 1.28x | 1.25x | 1.40x | 1.51x | 1.48x | 1.36x |
| 1.09x | 0.82x | 1.03x | 1.12x | 8.96x | 6.87x | 7.66x | 8.11x | 0.31x | 0.32x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 14.08% | 50.60% | 48.25% | 29.55% | 76.68% | 53.78% | 25.66% | 35.60% | 33.80% | 29.08% |
| Operating Profit Growth % | 35.55% | 81.72% | 49.68% | 27.58% | 69.39% | 51.06% | 25.44% | 47.53% | 35.29% | 15.44% |
| Net Profit Growth % | 93.24% | 83.85% | 36.70% | 13.90% | 11.57% | 57.59% | 67.74% | 74.11% | 35.85% | -7.98% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.39% | -8.80% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.12x | 13.66x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.86x | 1.21x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.69x | 10.37x |
Mar 2016
- EPS (₹)
- 0.64
- Book Value (₹)
- 10.94
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.79
- Operating Margin %
- 53.40%
- Net Margin %
- 13.92%
- ROE %
- 6.07%
- ROCE %
- 8.29%
- 2.21%
- Debtor Days
- 4
- Inventory Days
- 0
- Payable Days
- 0
- 4
- Debt to Equity (x)
- 1.94x
- Interest Coverage (x)
- 1.74x
- 1.09x
- Revenue Growth %
- 14.08%
- Operating Profit Growth %
- 35.55%
- Net Profit Growth %
- 93.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.19
- Book Value (₹)
- 12.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.28
- Operating Margin %
- 64.43%
- Net Margin %
- 16.99%
- ROE %
- 10.28%
- ROCE %
- 10.75%
- 2.75%
- Debtor Days
- 3
- Inventory Days
- 0
- Payable Days
- 0
- 3
- Debt to Equity (x)
- 3.11x
- Interest Coverage (x)
- 1.74x
- 0.82x
- Revenue Growth %
- 50.60%
- Operating Profit Growth %
- 81.72%
- Net Profit Growth %
- 83.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.62
- Book Value (₹)
- 13.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.70
- Operating Margin %
- 65.05%
- Net Margin %
- 15.67%
- ROE %
- 12.57%
- ROCE %
- 10.70%
- 2.49%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 4.45x
- Interest Coverage (x)
- 1.64x
- 1.03x
- Revenue Growth %
- 48.25%
- Operating Profit Growth %
- 49.68%
- Net Profit Growth %
- 36.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.52
- Book Value (₹)
- 20.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.60
- Operating Margin %
- 64.06%
- Net Margin %
- 13.78%
- ROE %
- 9.72%
- ROCE %
- 9.28%
- 1.95%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 3.46x
- Interest Coverage (x)
- 1.44x
- 1.12x
- Revenue Growth %
- 29.55%
- Operating Profit Growth %
- 27.58%
- Net Profit Growth %
- 13.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.43
- Book Value (₹)
- 25.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.13
- Operating Margin %
- 61.42%
- Net Margin %
- 8.70%
- ROE %
- 6.80%
- ROCE %
- 8.61%
- 1.26%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 4.67x
- Interest Coverage (x)
- 1.28x
- 8.96x
- Revenue Growth %
- 76.68%
- Operating Profit Growth %
- 69.39%
- Net Profit Growth %
- 11.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.13
- Book Value (₹)
- 28.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.07
- Operating Margin %
- 60.33%
- Net Margin %
- 8.92%
- ROE %
- 8.13%
- ROCE %
- 8.60%
- 1.30%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 5.22x
- Interest Coverage (x)
- 1.25x
- 6.87x
- Revenue Growth %
- 53.78%
- Operating Profit Growth %
- 51.06%
- Net Profit Growth %
- 57.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.22
- Book Value (₹)
- 35.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.36
- Operating Margin %
- 60.23%
- Net Margin %
- 11.90%
- ROE %
- 10.47%
- ROCE %
- 8.59%
- 1.73%
- Debtor Days
- 4
- Inventory Days
- 0
- Payable Days
- 0
- 4
- Debt to Equity (x)
- 4.38x
- Interest Coverage (x)
- 1.40x
- 7.66x
- Revenue Growth %
- 25.66%
- Operating Profit Growth %
- 25.44%
- Net Profit Growth %
- 67.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.60
- Book Value (₹)
- 41.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.90
- Operating Margin %
- 65.53%
- Net Margin %
- 15.28%
- ROE %
- 14.49%
- ROCE %
- 9.76%
- 2.31%
- Debtor Days
- 5
- Inventory Days
- 0
- Payable Days
- 0
- 5
- Debt to Equity (x)
- 5.32x
- Interest Coverage (x)
- 1.51x
- 8.11x
- Revenue Growth %
- 35.60%
- Operating Profit Growth %
- 47.53%
- Net Profit Growth %
- 74.11%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 6.62
- Book Value (₹)
- 60.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.64
- Operating Margin %
- 62.75%
- Net Margin %
- 15.51%
- ROE %
- 13.64%
- ROCE %
- 10.63%
- 2.42%
- Debtor Days
- 6
- Inventory Days
- 0
- Payable Days
- 0
- 6
- Debt to Equity (x)
- 3.65x
- Interest Coverage (x)
- 1.48x
- 0.31x
- Revenue Growth %
- 33.80%
- Operating Profit Growth %
- 35.29%
- Net Profit Growth %
- 35.85%
- 18.39%
- P/E (x)
- 17.12x
- P/B (x)
- 1.86x
- Dividend Yield %
- 0.00%
- 11.69x
Mar 2025
- EPS (₹)
- 6.04
- Book Value (₹)
- 68.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.35
- Operating Margin %
- 57.10%
- Net Margin %
- 11.06%
- ROE %
- 9.41%
- ROCE %
- 9.94%
- 1.85%
- Debtor Days
- 4
- Inventory Days
- 0
- Payable Days
- 0
- 4
- Debt to Equity (x)
- 4.04x
- Interest Coverage (x)
- 1.36x
- 0.32x
- Revenue Growth %
- 29.08%
- Operating Profit Growth %
- 15.44%
- Net Profit Growth %
- -7.98%
- -8.80%
- P/E (x)
- 13.66x
- P/B (x)
- 1.21x
- Dividend Yield %
- 0.00%
- 10.37x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Fedbank Financial Services Limited has informed the Exchange about Schedule of meet
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Fedbank Financial Services Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
May 2026
Apr 2026