Hybrid Financial Services Ltd.
•₹ 17.250.17%
2026-08-21
PROS
- Solid return on assets for a lender - ROA of 5.2%
- Company has delivered good sales growth of 16.2% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.5
CONS
- A large part of profit comes from other income (80.1% of PBT)
- Recent results are weak - TTM profit is down 34.6% versus prior year
- Company has a low return on capital employed of 7.0%
- Company has a low return on equity of 6.9% over last 3 years
- Operating margins have contracted to 26.5% from 59.0%
- Effective tax rate is unusually low at 0.6% - earnings may be flattered
* 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 | 1095.15 | 33.58 | 681835.39 | 0.55 | 6080.60 | 27.60 | 23165.45 | 20.37 | 10.87 | 70.70 |
| 2. | SHRIRAMFIN | 1125.05 | 23.39 | 264722.41 | 0.96 | 3452.77 | 59.90 | 13400.43 | 17.46 | 11.49 | 74.63 |
| 3. | CHOLAFIN | 1910.00 | 28.36 | 163126.61 | 0.10 | 1656.22 | 45.56 | 8856.29 | 21.89 | 9.70 | 70.07 |
| 4. | JIOFIN | 244.95 | 78.27 | 161743.95 | 0.24 | 830.25 | 155.73 | 2004.47 | 227.28 | 2.11 | 69.71 |
| 5. | TATACAP | 365.60 | 28.72 | 155192.41 | 0.16 | 16281.80 | 1464.16 | 88219.30 | 1051.00 | 8.66 | 75.72 |
| 6. | BAJAJHLDNG | 11353.35 | 14.27 | 126355.42 | 1.72 | 2708.08 | -92.27 | 394.33 | 23.34 | 14.81 | 684.72 |
| 7. | MUTHOOTFIN | 2972.00 | 10.49 | 119316.43 | 1.01 | 2824.84 | 43.08 | 8671.60 | 36.25 | 15.87 | 83.76 |
| 8. | ABCAPITAL | 408.00 | 27.21 | 111671.47 | 0.00 | 1223.85 | 43.85 | 12179.54 | 137.84 | 8.82 | 41.91 |
| 9. | LTF | 314.90 | 24.80 | 78915.38 | 0.87 | 915.99 | 30.70 | 5212.92 | 22.38 | 8.54 | 62.13 |
| 10. | SBICARD | 646.05 | 0.00 | 61480.86 | 0.39 | 664.44 | 19.51 | 5040.55 | 7.60 | 11.75 | 29.83 |
| 11. | HDBFS | 691.85 | 26.41 | 57468.10 | 0.58 | 785.20 | 38.31 | 4937.90 | 18.71 | 9.09 | 57.98 |
| 12. | HYBRIDFIN | 17.48 | 16.04 | 51.45 | 0.00 | 1.08 | -1.99 | 1.52 | -15.08 | 6.35 | 51.32 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 1 | 2 | |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | -0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | |
| Tax % | 15.80% | -71.60% | 30.77% | 0.00% | 0.00% | 11.11% | 16.19% | 0.00% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 0 | 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 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 0 | 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% |
Sep 2022
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 15.80%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2022
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -71.60%
- Net Profit
- 0
- -0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2023
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 30.77%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2023
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 11.11%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 16.19%
- Net Profit
- 1
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 2
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 1.77%
- Net Profit
- 1
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 2
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 0.00%
- Net Profit
- 1
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 2 | 3 | 2 | 2 | 2 | 3 | 2 | 3 | 4 | 6 | |
| 3 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | |
| Operating Profit | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | — |
| OPM % | 66 | 75 | 64 | 56 | 41 | 54 | 59 | 49 | 68 | 102 | — |
| Other Income | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 2 | 2 | 1 | 1 | 0 | 2 | 1 | 2 | 4 | 3 | |
| Tax % | 11 | 17 | 21 | 5 | 6 | 19 | 11 | 25 | 10 | 1 | 0 |
| Net Profit | 1 | 1 | 1 | 1 | 1 | 0 | 2 | 1 | 2 | 4 | 3 |
| EPS | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | — |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | — |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | — |
Mar 2016
- 2
- 3
- Operating Profit
- 1
- OPM %
- 66
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 11
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 2
- 3
- Operating Profit
- 2
- OPM %
- 75
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 17
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 3
- 3
- Operating Profit
- 2
- OPM %
- 64
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 21
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 2
- 3
- Operating Profit
- 1
- OPM %
- 56
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 5
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 2
- 3
- Operating Profit
- 1
- OPM %
- 41
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 6
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 2
- 2
- Operating Profit
- 1
- OPM %
- 54
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 19
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 3
- 3
- Operating Profit
- 2
- OPM %
- 59
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 11
- Net Profit
- 2
- 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 2023
- 2
- 2
- Operating Profit
- 1
- OPM %
- 49
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 25
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 3
- 3
- Operating Profit
- 2
- OPM %
- 68
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 10
- Net Profit
- 2
- 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 2025
- 4
- 3
- Operating Profit
- 4
- OPM %
- 102
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 4
- Tax %
- 1
- Net Profit
- 4
- 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
TTM
- 6
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 0
- Net Profit
- 3
- 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:
- 2%
- 5 Years:
- 16%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- 45%
- 3 Years:
- 33%
STOCK PRICE CAGR
- 10 Years:
- 31%
- 5 Years:
- 72%
- 3 Years:
- 28%
- 1 Year:
- 11%
RETURN ON EQUITY
- 10 Years:
- 6%
- 5 Years:
- 6%
- 3 Years:
- 7%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | |
| -2 | 6 | 10 | 4 | 3 | 10 | 9 | 8 | 15 | 24 | |
| Trade Payables | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 3 | 0 |
| 9 | 8 | 8 | 14 | 15 | 15 | 15 | 14 | 15 | 10 | |
| Total Liabilities | 23 | 29 | 33 | 33 | 34 | 40 | 40 | 38 | 48 | 50 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | |
| 6 | 13 | 16 | 15 | 15 | 21 | 19 | 17 | 23 | 24 | |
| Cash & Bank | 11 | 12 | 13 | 14 | 15 | 15 | 15 | 16 | 19 | 20 |
| 4 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 5 | |
| Total Assets | 23 | 29 | 33 | 33 | 34 | 40 | 40 | 38 | 48 | 50 |
| Total Debt | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Net Working Capital | 10 | 11 | 11 | 13 | 13 | 14 | 15 | 15 | 17 | 19 |
| Contingent Liabilities | 15 | 14,706 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 6 |
| Book Value per Share | 4.19 | 7.05 | 8.46 | 6.27 | 6.03 | 8.23 | 8.22 | 7.75 | 10.20 | 13.31 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Net Working Capital | 10 | 11 | 11 | 13 | 13 | 14 | 15 | 15 | 17 | 19 |
| Contingent Liabilities | 15 | 14,706 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 6 |
| Book Value per Share | 4.19 | 7.05 | 8.46 | 6.27 | 6.03 | 8.23 | 8.22 | 7.75 | 10.20 | 13.31 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Mar 2016
- 15
- -2
- Trade Payables
- 1
- 9
- Total Liabilities
- 23
- 1
- 6
- Cash & Bank
- 11
- 4
- Total Assets
- 23
- Total Debt
- 1
- Net Working Capital
- 10
- Contingent Liabilities
- 15
- Book Value per Share
- 4.19
- Face Value
- 5.00
- Total Debt
- 1
- Net Working Capital
- 10
- Contingent Liabilities
- 15
- Book Value per Share
- 4.19
- Face Value
- 5.00
Mar 2017
- 15
- 6
- Trade Payables
- 0
- 8
- Total Liabilities
- 29
- 1
- 13
- Cash & Bank
- 12
- 3
- Total Assets
- 29
- Total Debt
- 2
- Net Working Capital
- 11
- Contingent Liabilities
- 14,706
- Book Value per Share
- 7.05
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 11
- Contingent Liabilities
- 14,706
- Book Value per Share
- 7.05
- Face Value
- 5.00
Mar 2018
- 15
- 10
- Trade Payables
- 0
- 8
- Total Liabilities
- 33
- 1
- 16
- Cash & Bank
- 13
- 3
- Total Assets
- 33
- Total Debt
- 2
- Net Working Capital
- 11
- Contingent Liabilities
- 15
- Book Value per Share
- 8.46
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 11
- Contingent Liabilities
- 15
- Book Value per Share
- 8.46
- Face Value
- 5.00
Mar 2019
- 15
- 4
- Trade Payables
- 0
- 14
- Total Liabilities
- 33
- 1
- 15
- Cash & Bank
- 14
- 3
- Total Assets
- 33
- Total Debt
- 2
- Net Working Capital
- 13
- Contingent Liabilities
- 15
- Book Value per Share
- 6.27
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 13
- Contingent Liabilities
- 15
- Book Value per Share
- 6.27
- Face Value
- 5.00
Mar 2020
- 15
- 3
- Trade Payables
- 1
- 15
- Total Liabilities
- 34
- 1
- 15
- Cash & Bank
- 15
- 4
- Total Assets
- 34
- Total Debt
- 2
- Net Working Capital
- 13
- Contingent Liabilities
- 15
- Book Value per Share
- 6.03
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 13
- Contingent Liabilities
- 15
- Book Value per Share
- 6.03
- Face Value
- 5.00
Mar 2021
- 15
- 10
- Trade Payables
- 1
- 15
- Total Liabilities
- 40
- 1
- 21
- Cash & Bank
- 15
- 4
- Total Assets
- 40
- Total Debt
- 2
- Net Working Capital
- 14
- Contingent Liabilities
- 15
- Book Value per Share
- 8.23
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 14
- Contingent Liabilities
- 15
- Book Value per Share
- 8.23
- Face Value
- 5.00
Mar 2022
- 15
- 9
- Trade Payables
- 0
- 15
- Total Liabilities
- 40
- 1
- 19
- Cash & Bank
- 15
- 4
- Total Assets
- 40
- Total Debt
- 2
- Net Working Capital
- 15
- Contingent Liabilities
- 15
- Book Value per Share
- 8.22
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 15
- Contingent Liabilities
- 15
- Book Value per Share
- 8.22
- Face Value
- 5.00
Mar 2023
- 15
- 8
- Trade Payables
- 1
- 14
- Total Liabilities
- 38
- 0
- 17
- Cash & Bank
- 16
- 4
- Total Assets
- 38
- Total Debt
- 2
- Net Working Capital
- 15
- Contingent Liabilities
- 15
- Book Value per Share
- 7.75
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 15
- Contingent Liabilities
- 15
- Book Value per Share
- 7.75
- Face Value
- 5.00
Mar 2024
- 15
- 15
- Trade Payables
- 3
- 15
- Total Liabilities
- 48
- 0
- 23
- Cash & Bank
- 19
- 6
- Total Assets
- 48
- Total Debt
- 2
- Net Working Capital
- 17
- Contingent Liabilities
- 15
- Book Value per Share
- 10.20
- Face Value
- 5.00
- Total Debt
- 2
- Net Working Capital
- 17
- Contingent Liabilities
- 15
- Book Value per Share
- 10.20
- Face Value
- 5.00
Mar 2025
- 15
- 24
- Trade Payables
- 0
- 10
- Total Liabilities
- 50
- 0
- 24
- Cash & Bank
- 20
- 5
- Total Assets
- 50
- Total Debt
- 1
- Net Working Capital
- 19
- Contingent Liabilities
- 6
- Book Value per Share
- 13.31
- Face Value
- 5.00
- Total Debt
- 1
- Net Working Capital
- 19
- Contingent Liabilities
- 6
- Book Value per Share
- 13.31
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | -0 | -0 | -0 | 1 | 0 | 1 | -4 | |
| Cash from Investing | 1 | 2 | 0 | 2 | 1 | 1 | 0 | 1 | 2 | 2 |
| Cash from Financing | -1 | -1 | -0 | -0 | 0 | -1 | -0 | -0 | -0 | -1 |
| 0 | 1 | 0 | 1 | 1 | 0 | 1 | 1 | 3 | -3 | |
| Free Cash Flow | 0 | 0 | 0 | -0 | -0 | -0 | 1 | -0 | 1 | -4 |
| OCF / Net Profit | 0.37 | 0.18 | 0.38 | -0.33 | -0.69 | -0.01 | 0.37 | 0.01 | 0.69 | -0.95 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 1 | -2 |
| OCF / Net Profit | 0.37 | 0.18 | 0.38 | -0.33 | -0.69 | -0.01 | 0.37 | 0.01 | 0.69 | -0.95 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 1 | -2 |
Mar 2016
- 0
- Cash from Investing
- 1
- Cash from Financing
- -1
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 0
Mar 2017
- 0
- Cash from Investing
- 2
- Cash from Financing
- -1
- 1
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 0
Mar 2018
- 0
- Cash from Investing
- 0
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
Mar 2019
- -0
- Cash from Investing
- 2
- Cash from Financing
- -0
- 1
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.33
- Cumulative 5-Year FCF
- 0
Mar 2020
- -0
- Cash from Investing
- 1
- Cash from Financing
- 0
- 1
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.69
- Cumulative 5-Year FCF
- 0
Mar 2021
- -0
- Cash from Investing
- 1
- Cash from Financing
- -1
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- -0
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- -0
Mar 2022
- 1
- Cash from Investing
- 0
- Cash from Financing
- -0
- 1
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 0
Mar 2023
- 0
- Cash from Investing
- 1
- Cash from Financing
- -0
- 1
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- -0
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- -0
Mar 2024
- 1
- Cash from Investing
- 2
- Cash from Financing
- -0
- 3
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- 1
Mar 2025
- -4
- Cash from Investing
- 2
- Cash from Financing
- -1
- -3
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.95
- Cumulative 5-Year FCF
- -2
- OCF / Net Profit
- -0.95
- Cumulative 5-Year FCF
- -2
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.34 | 0.47 | 0.41 | 0.24 | 0.21 | 0.13 | 0.55 | 0.17 | 0.66 | 1.30 |
| Book Value (₹) | 4.19 | 7.05 | 8.46 | 6.27 | 6.03 | 8.23 | 8.22 | 7.75 | 10.20 | 13.31 |
| 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 (₹) | 0.39 | 0.51 | 0.44 | 0.28 | 0.24 | 0.17 | 0.60 | 0.21 | 0.69 | 1.34 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 65.74% | 75.47% | 64.41% | 56.39% | 40.62% | 54.04% | 59.04% | 49.18% | 17.49% | 26.52% |
| Net Margin % | 49.21% | 56.77% | 46.14% | 43.63% | 31.26% | 16.84% | 47.84% | 20.55% | 56.45% | 93.64% |
| ROE % | 8.65% | 8.36% | 5.24% | 3.24% | 3.34% | 1.89% | 6.74% | 2.15% | 7.34% | 11.09% |
| ROCE % | 7.68% | 8.82% | 6.24% | 3.34% | 3.33% | 2.46% | 7.18% | 2.78% | 7.65% | 10.68% |
| 4.49% | 5.34% | 3.84% | 2.13% | 1.81% | 1.07% | 4.10% | 1.31% | 4.54% | 7.85% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 59 | 50 | 53 | 71 | 46 | 32 | 15 | 21 | 18 | 16 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 974 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -915 | 50 | 53 | 71 | 46 | 32 | 15 | 21 | 18 | 16 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.10x | 0.10x | 0.09x | 0.11x | 0.13x | 0.09x | 0.09x | 0.09x | 0.07x | 0.04x |
| Interest Coverage (x) | 12.04x | 28.17x | 44.36x | 13.53x | 20.33x | 6.95x | 37.71x | 20.82x | 78.98x | 171.74x |
| 4.57x | 6.31x | 6.98x | 8.51x | 6.35x | 7.85x | 10.50x | 11.57x | 5.19x | 12.66x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -35.54% | 16.96% | 6.45% | -37.86% | 20.02% | 21.91% | 44.84% | -27.78% | 39.36% | 19.24% |
| Operating Profit Growth % | -31.22% | 34.28% | -9.15% | -45.60% | -13.55% | 62.20% | 58.22% | -39.84% | 93.96% | 77.66% |
| Net Profit Growth % | -34.37% | 34.92% | -13.48% | -41.23% | -14.01% | -34.34% | 311.51% | -68.98% | 282.93% | 97.79% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 282.92% | 97.80% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.76x | 8.65x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.82x | 0.85x |
| 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 | 3.50x | 3.48x |
Mar 2016
- EPS (₹)
- 0.34
- Book Value (₹)
- 4.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.39
- Operating Margin %
- 65.74%
- Net Margin %
- 49.21%
- ROE %
- 8.65%
- ROCE %
- 7.68%
- 4.49%
- Debtor Days
- 59
- Inventory Days
- 0
- Payable Days
- 974
- -915
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 12.04x
- 4.57x
- Revenue Growth %
- -35.54%
- Operating Profit Growth %
- -31.22%
- Net Profit Growth %
- -34.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.47
- Book Value (₹)
- 7.05
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.51
- Operating Margin %
- 75.47%
- Net Margin %
- 56.77%
- ROE %
- 8.36%
- ROCE %
- 8.82%
- 5.34%
- Debtor Days
- 50
- Inventory Days
- 0
- Payable Days
- 0
- 50
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 28.17x
- 6.31x
- Revenue Growth %
- 16.96%
- Operating Profit Growth %
- 34.28%
- Net Profit Growth %
- 34.92%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.41
- Book Value (₹)
- 8.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.44
- Operating Margin %
- 64.41%
- Net Margin %
- 46.14%
- ROE %
- 5.24%
- ROCE %
- 6.24%
- 3.84%
- Debtor Days
- 53
- Inventory Days
- 0
- Payable Days
- 0
- 53
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 44.36x
- 6.98x
- Revenue Growth %
- 6.45%
- Operating Profit Growth %
- -9.15%
- Net Profit Growth %
- -13.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.24
- Book Value (₹)
- 6.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.28
- Operating Margin %
- 56.39%
- Net Margin %
- 43.63%
- ROE %
- 3.24%
- ROCE %
- 3.34%
- 2.13%
- Debtor Days
- 71
- Inventory Days
- 0
- Payable Days
- 0
- 71
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 13.53x
- 8.51x
- Revenue Growth %
- -37.86%
- Operating Profit Growth %
- -45.60%
- Net Profit Growth %
- -41.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.21
- Book Value (₹)
- 6.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.24
- Operating Margin %
- 40.62%
- Net Margin %
- 31.26%
- ROE %
- 3.34%
- ROCE %
- 3.33%
- 1.81%
- Debtor Days
- 46
- Inventory Days
- 0
- Payable Days
- 0
- 46
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 20.33x
- 6.35x
- Revenue Growth %
- 20.02%
- Operating Profit Growth %
- -13.55%
- Net Profit Growth %
- -14.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.13
- Book Value (₹)
- 8.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.17
- Operating Margin %
- 54.04%
- Net Margin %
- 16.84%
- ROE %
- 1.89%
- ROCE %
- 2.46%
- 1.07%
- Debtor Days
- 32
- Inventory Days
- 0
- Payable Days
- 0
- 32
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 6.95x
- 7.85x
- Revenue Growth %
- 21.91%
- Operating Profit Growth %
- 62.20%
- Net Profit Growth %
- -34.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.55
- Book Value (₹)
- 8.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.60
- Operating Margin %
- 59.04%
- Net Margin %
- 47.84%
- ROE %
- 6.74%
- ROCE %
- 7.18%
- 4.10%
- Debtor Days
- 15
- Inventory Days
- 0
- Payable Days
- 0
- 15
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 37.71x
- 10.50x
- Revenue Growth %
- 44.84%
- Operating Profit Growth %
- 58.22%
- Net Profit Growth %
- 311.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.17
- Book Value (₹)
- 7.75
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.21
- Operating Margin %
- 49.18%
- Net Margin %
- 20.55%
- ROE %
- 2.15%
- ROCE %
- 2.78%
- 1.31%
- Debtor Days
- 21
- Inventory Days
- 0
- Payable Days
- 0
- 21
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 20.82x
- 11.57x
- Revenue Growth %
- -27.78%
- Operating Profit Growth %
- -39.84%
- Net Profit Growth %
- -68.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.66
- Book Value (₹)
- 10.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.69
- Operating Margin %
- 17.49%
- Net Margin %
- 56.45%
- ROE %
- 7.34%
- ROCE %
- 7.65%
- 4.54%
- Debtor Days
- 18
- Inventory Days
- 0
- Payable Days
- 0
- 18
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 78.98x
- 5.19x
- Revenue Growth %
- 39.36%
- Operating Profit Growth %
- 93.96%
- Net Profit Growth %
- 282.93%
- 282.92%
- P/E (x)
- 12.76x
- P/B (x)
- 0.82x
- Dividend Yield %
- 0.00%
- 3.50x
Mar 2025
- EPS (₹)
- 1.30
- Book Value (₹)
- 13.31
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.34
- Operating Margin %
- 26.52%
- Net Margin %
- 93.64%
- ROE %
- 11.09%
- ROCE %
- 10.68%
- 7.85%
- Debtor Days
- 16
- Inventory Days
- 0
- Payable Days
- 0
- 16
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 171.74x
- 12.66x
- Revenue Growth %
- 19.24%
- Operating Profit Growth %
- 77.66%
- Net Profit Growth %
- 97.79%
- 97.80%
- P/E (x)
- 8.65x
- P/B (x)
- 0.85x
- Dividend Yield %
- 0.00%
- 3.48x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-04 - Hybrid Financial Services Limited has informed the Exchange about Copy of Newspaper Publication
- Copy of Newspaper Publication
2026-08-03 - Hybrid Financial Services Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.

