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SBFC.NS

SBFC Finance Ltd.

Financial Services
Price research

Price history

Max window · 2023-08-16 to 2026-09-22

Start 2023-08-16 ₹92.20
End 2026-09-22 ₹90.41
Change over window -1.94%
Methodology

Price is the daily close from stored Kite history. The other metrics pair that daily price with the company's periodic filings — each fundamental (revenue, EPS, equity…) is held flat at its latest filed value between annual filings, so a ratio steps at each filing and moves daily only through its price term. A metric with no input on file for this company (e.g. EV/EBITDA for a bank, which has no EBIT) is shown as unavailable, never guessed. Share-count-based metrics use the latest diluted share count against split/bonus-adjusted prices.

Technical analysis

Technical indicators

Same window as the price chart above

These reflect only the stock's recent price and volume behavior — not the company's fundamentals — and are not a recommendation to buy or sell. Standard published parameters are used throughout (see each chart's own label); a company with too little stored price history for a given indicator's lookback window shows that plainly below rather than a garbage or misleading value.

Latest value of each line in the charted window
Methodology

MACD (12,26,9), Stochastic Oscillator (14,3) and Money Flow Index (14-day) each carry their own published reference lines/bands (20/80 for the oscillator readings) where one is standard. ADX includes +DI/-DI for direction alongside trend strength; a dashed line marks the commonly published 25 "trending market" reading. ATR is shown in raw rupees here; the price/volume preset screen (below, and on the Screener page) reports it as a % of price so it's comparable across stocks at different price levels. Computed from the same stored daily OHLCV history as the price chart above — no new data source.

Ratios as of FY2025-26 Annual filing · published 2026-04-25
Price (live) ₹90.41 INR fetched 2026-09-23 02:35
Fundamental analysis

Ratios

Calculated from this company's filed figures, and from the current price where a ratio needs one. Every ratio shows its source trace: the filed elements it reads and the arithmetic behind the result.

P/E

22.17

P/E = Price / EPS

Source trace FY2025-26 · Annual filing

P/E = Price / (ProfitLossForPeriod / PaidUpValueOfEquityShareCapital ÷ FaceValueOfEquityShareCapital) → ₹90.41 / (₹4,508,330,000 / 1,105,704,000 shares) = ₹90.41 / ₹4.08 EPS

ROE

12.10%

ROE = Net Income / Shareholder Equity

Source trace FY2025-26 · Annual filing

ROE = ProfitLossForPeriod / EquityAttributableToOwnersOfParent → ₹4,508,330,000 / ₹37,251,520,000 = 12.10%

Debt/Equity

1.92

Debt/Equity = Total Debt / Shareholder Equity

Source trace FY2025-26 · Annual filing

Debt/Equity = Borrowings + DebtSecurities / EquityAttributableToOwnersOfParent → ₹71,617,130,000 / ₹37,251,520,000 = 1.92

Current Ratio

N/A

Current Ratio = Current Assets / Current Liabilities

Not available

Missing current assets or current liabilities (common for banks, which report an unclassified balance sheet).

ROCE

10.48%

ROCE = EBIT / (Shareholder Equity + Total Debt)

Qualification This company's balance sheet has no current/non-current split (an NBFC-style filing) — for a lending business, Finance Costs is close to a core operating cost, so read ROCE here with that in mind.

Source trace FY2025-26 · Annual filing

ROCE = ProfitBeforeExceptionalItemsAndTax + FinanceCosts / (EquityAttributableToOwnersOfParent + Borrowings + DebtSecurities) → ₹11,409,670,000 / (₹37,251,520,000 + ₹71,617,130,000) = 10.48%

Dividend Yield

0.00%

Dividend Yield = (Dividends Paid / Diluted Shares Outstanding) / Price

Qualification This is cash paid during the fiscal year, not a per-share rate declared for it (no such element exists in the filing data) — timing can straddle interim/final dividends across years, and pre-FY2020-21 figures may include the since-abolished Dividend Distribution Tax, reading higher than later years for that reason alone.

Source trace FY2025-26 · Annual filing

Dividend Yield = (|DividendsPaidClassifiedAsFinancingActivities| / PaidUpValueOfEquityShareCapital ÷ FaceValueOfEquityShareCapital) / Price → (₹0 / 1,105,704,000 shares) / ₹90.41 = ₹0.00 / ₹90.41

Growth & quality

Growth & earnings trend

Computed from this company's stored annual filings. Each figure carries the filed values behind it as a tooltip.

Revenue CAGR · 3y 28.4%
Net profit CAGR · 3y 37.9%
Operating margin · FY2025-26 68.0%
ROCE · FY2025-26 30.6%

Revenue & Profit CAGR

Revenue (3y, 2.0y actual)
28.4%
Net Profit (3y)
37.9%
Revenue (5y, 2.0y actual)
28.4%
Net Profit (5y)
37.9%
Revenue (10y, 2.0y actual)
28.4%
Net Profit (10y)
37.9%

Operating Margin Trend

Expanding
FY2023-24
65.5%
FY2024-25
67.2%
FY2025-26
68.0%

ROCE Trajectory

FY2023-24
24.0%
FY2024-25
27.5%
FY2025-26
30.6%

Earnings Quality

Net profit or operating cash flow was zero or negative in the base or latest year — a growth-rate comparison isn't defined across a sign change.

Sector-Relative Percentile

Sector · Financial Services
ROE 38th percentile Better than 33 of 88 sector peers (38th percentile).
ROCE 53th percentile Better than 33 of 62 sector peers (53th percentile).
Debt/Equity 38th percentile Better than 33 of 88 sector peers (38th percentile).
P/E 51th percentile Better than 45 of 88 sector peers (51th percentile).
Forensic accounting

Beneish M-Score

Eight year-over-year accounting indices (Beneish, 1999) computed for SBFC Finance Ltd. across its two most recently stored annual filings. Read the disclosures below before anything past this paragraph.

This is not an accusation and not a finding that any manipulation occurred. Beneish's own paper is explicit that the score identifies companies whose accounting CHARACTERISTICS resemble those of a sample of past manipulators -- nothing more. StockProof never labels a company "manipulator", "red flag" or "suspicious", and never shows any list of companies ordered by this score. The eight components below -- factual statements about figures the company itself filed -- always come before the composite number, which is the inference, not the fact.

The M-Score is calibrated on 74 US-listed companies from 1982-1992 later found to have manipulated earnings (Beneish, M. D. (1999), "The Detection of Earnings Manipulation", Financial Analysts Journal 55(5)) -- not on any Indian company or era. Measured on StockProof's own Nifty 500 universe as of 2026-09-02, 13.6% of companies score above Beneish's own published cutoff. On any realistic base rate of actual earnings manipulation, that flag rate is overwhelmingly false positives, not overwhelmingly real ones.

No "Selling, General & Administrative Expense" element exists anywhere in NSE's filed data. The SGAI component below is approximated as Employee Benefit Expense + Other Expenses, divided by revenue -- a reasonable stand-in for a manufacturer, but for a services company this proxy is closer to the entire cost base than to SG&A specifically. This is disclosed because it is a genuine deviation from Beneish's published specification; its coefficient (-0.172) is the smallest of the eight, which bounds how far the approximation can move the composite.

This measures something different from a financial-distress score like Altman's Z-Score, and the two essentially never agree. Measured on StockProof's own 389-company overlap as of 2026-09-02: only 5 companies were flagged by both, an agreement rate (intersection ÷ union) of 6.2%, and a correlation between the two scores of +0.088 -- closely matching the independently measured +0.092 over 3,242 Malaysian-listed companies. A low Z-Score and a high M-Score are not corroborating each other; they are unrelated measurements.

Comparing FY2024-25FY2025-26

Index Value Beneish's own threshold Reading, vs. that threshold
DSRI — Days' Sales in Receivables Index N/A 1.031 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
GMI — Gross Margin Index N/A 1.014 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
AQI — Asset Quality Index N/A 1.039 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
SGI — Sales Growth Index N/A 1.134 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
DEPI — Depreciation Index N/A 1.077 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
SGAI — SG&A Index N/A 1.041 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
LVGI — Leverage Index N/A 1.111 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.
TATA — Total Accruals to Total Assets N/A 0.018 The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.

Composite M-Score not computable — The two most recent stored annual years report on different bases (2025-03-31: Consolidated, 2026-03-31: Standalone). Every one of the eight indices compares this year to last year, so a change in reporting basis between them would silently corrupt all eight rather than genuinely reflect anything about the company.

Financials

Quarterly trend

10 stored quarters

Revenue Net Profit Net Profit (loss quarter)
Metric (to shareholders basis) Q4 FY2023-24 Q1 FY2024-25 Q2 FY2024-25 Q3 FY2024-25 Q4 FY2024-25 Q1 FY2025-26 Q2 FY2025-26 Q3 FY2025-26 Q4 FY2025-26 Q1 FY2026-27 Source
Revenue ₹278.90 Cr. ₹297.76 Cr. ₹314.23 Cr. ₹333.50 Cr. ₹360.67 Cr. ₹388.44 Cr. ₹410.78 Cr. ₹425.57 Cr. ₹454.03 Cr. ₹491.46 Cr. RevenueFromOperations
Net Profit ₹73.67 Cr. ₹78.91 Cr. ₹84.16 Cr. ₹88.28 Cr. ₹93.94 Cr. ₹100.89 Cr. ₹109.14 Cr. ₹118.04 Cr. ₹122.77 Cr. ₹130.12 Cr. ProfitOrLossAttributableToOwnersOfParent
Basis

Primary figures are Revenue from Operations and Net Profit attributable to shareholders — the basis the ratios use. Where they differ, the companion Gross revenue (incl. inter-segment) and incl. minority net profit (the totals a news headline usually quotes) are shown beneath, each traceable to its own XBRL element. Quarters shown are however many are actually stored (up to 10).

Ownership

Shareholding pattern

Latest filing Jun 2026 · 12 filings on file

Promoter & Promoter Group
52.31%
Public
47.63%
Employee Trusts
0.06%
Promoter % Public %
Metric Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter & Promoter Group 64.05% 63.73% 60.66% 55.19% 55.05% 54.75% 53.33% 53.19% 52.98% 52.82% 52.35% 52.31%
Public 35.50% 36.05% 39.16% 44.66% 44.83% 45.16% 46.59% 46.74% 46.95% 47.11% 47.59% 47.63%
Employee Trusts 0.45% 0.22% 0.17% 0.16% 0.11% 0.09% 0.08% 0.07% 0.06% 0.06% 0.06% 0.06%
Source

Promoter vs. public shareholding, from NSE's own quarterly shareholding-pattern filings. This is the headline promoter/public split only — a further breakdown by FII/DII/mutual fund holders requires each filing's own detailed disclosure and isn't shown here.

Trading activity

Delivery volume

20 trading days shown

Latest (2026-09-22) 54.3%
Trailing 20-day average 48.4%
Date Traded Qty Delivery Qty Delivery %
2026-09-22 623342 338412 54.29%
2026-09-21 481423 316902 65.83%
2026-09-18 1954335 1292761 66.15%
2026-09-17 515860 246111 47.71%
2026-09-16 611434 310176 50.73%
2026-09-15 630989 316713 50.19%
2026-09-11 411967 183715 50.32%
2026-09-10 716501 350308 48.89%
2026-09-09 1121688 478002 42.61%
2026-09-08 589867 239810 40.65%
2026-09-07 647488 291013 44.94%
2026-09-04 817043 316190 38.70%
2026-09-03 3008192 1294856 43.04%
2026-09-02 1753870 470698 26.84%
2026-09-01 12820956 10878117 84.85%
2026-08-31 1305140 765802 58.68%
2026-08-28 2163907 1076055 49.73%
2026-08-27 6843021 2127832 31.09%
2026-08-26 17101535 3280893 19.18%
2026-08-25 587142 310483 52.88%
Source

Delivery quantity/percentage from the NSE bhavcopy (DELIV_QTY/DELIV_PER) — the share of that day's traded volume that actually settled into a demat account, rather than being squared off intraday. A higher delivery percentage is commonly read as genuine accumulation/distribution rather than speculative same-day trading; this describes recent trading PATTERN, not the company itself, and is not a recommendation to buy or sell. A blank cell is a day NSE itself published no figure for, never a zero.

Insider trading activity

20 disclosures shown

Disclosed Person Category Type Mode Quantity Value (₹) Resulting stake Source
14 May 2025 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 105000 1995000 0.07% XBRL
20 Mar 2025 SBFC Holdings Pte Ltd Director Sell Market Sale 13625115 1117279868 53.49% XBRL
10 Mar 2025 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 9000 171000 0.08% XBRL
05 Mar 2025 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 47500 902500 0.08% XBRL
02 Feb 2025 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 75000 1425000 0.08% XBRL
10 Jan 2025 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 58250 1106750 0.08% XBRL
21 Nov 2024 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 231750 4403250 0.09% XBRL
04 Oct 2024 Vistra ITCL (India) Limited (Trustee of SBFC Employee Welfare Trust) - Sell ESOP 39000 741000 0.11% XBRL
04 May 2024 Arpwood Partners Investment Advisors LLP Promoters Sell Market Sale 45109526 3969638288 0.00% XBRL
04 May 2024 Eight45 Services LLP Promoters Sell Market Sale 2362153 208421027 0.00% XBRL
04 May 2024 Arpwood Capital Private Limited Promoters Sell Market Sale 11071022 974575424 0.00% XBRL
12 Mar 2024 SBFC Holdings Pte Ltd Promoters Sell Market Sale 386556 36106650 58.22% XBRL
12 Mar 2024 SBFC Holdings Pte Ltd Promoters Sell Market Sale 29613444 2557085353 55.45% XBRL
26 Dec 2023 Mamidi Bhaskar Kumar - Sell Market Sale 20000 1856750 0.00% XBRL
16 Dec 2023 Rajendra Rane - Pledge Others 15000 1350000 0.00% XBRL
15 Dec 2023 Ish Chawla - Sell Market Sale 49900 4704073 0.03% XBRL
15 Dec 2023 Mahesh Kanyalal Dayani - Sell Market Sale 15308 1382312 1.33% XBRL
15 Dec 2023 Mahesh Kanyalal Dayani - Sell Market Sale 200000 18810000 1.31% XBRL
07 Dec 2023 Aseem Dhru Director Sell Market Sale 292847 26350373 3.22% XBRL
07 Dec 2023 Aseem Dhru Director Sell Market Sale 107153 9505543 3.21% XBRL
About these disclosures

SEBI PIT (Prohibition of Insider Trading) Regulation 7 disclosures — designated persons (promoters, directors, KMPs, and their immediate relatives) reporting their own dealing in the company's securities, as NSE publishes them. Distinct from the SAST (Regulation 29 substantial-acquisition) filings on the market-wide SAST activity page. Public record only — this is descriptive disclosure data, not a signal, and is not a recommendation to buy or sell.

Filings & evidence

Source documents

FY2025-26 · Annual filing

The raw filing line items behind the figures on this page, and NSE's own filing document where NSE publishes one.

Source document — income statement (FY2025-26, raw filing line items)
Line itemFiled value
ProfitLossForPeriod4508330000.0
PaidUpValueOfEquityShareCapital ÷ FaceValueOfEquityShareCapital1105704000.0
Source document — balance sheet (FY2025-26, raw filing line items)
Line itemFiled value
Borrowings + DebtSecurities71617130000.0
EquityAttributableToOwnersOfParent37251520000.0
Research notes

My notes