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SBFC Finance Ltd

NSE: SBFC
₹81.44
−₹1.93 (−2.31%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹9,473 Cr
CMP
₹81.44
52-wk High / Low
₹123 / 80
P/E
19.7
P/B
2.5
Book Value
₹33.7
Div Yield
0.00%
ROCE
11.8%
ROE
13.0%
Face Value
₹10
D/E
1.92

Price−24.7% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 13 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹58
√(22.5 × EPS × book value per share)
Cash flow to profit
−4.20
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
13.0%
ROE × earnings retention ratio
ROE stability
2.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.04FII +1.01DII −1.25
Latest quarter vs the previous one
Cash-accrual divergence
23.8%
of assets
Low = accruals track cash flow
Strengths
+PE of 19.7x is below the sector median of 19.8x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Price is 33.8% below its 52-week high
−Promoter holding fell by 0.9pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)
−Balance-sheet accruals of 23.8% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales230246264279297314333361388411426454491
Expenses7583909194100105113123131127138160
Operating Profit—————————————
OPM %—————————————
Other Income0001000100000
Interest8989858895100106118125129136147152
Depreciation3334445555555
Profit before tax63718697105110117126136146158164174
Net Profit4753647379848894101109118123130
EPS (₹)0.510.490.600.680.730.780.810.870.931.001.081.111.18

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1774455105297341,0191,3051,6791,782
Expenses89134149210247338409516556
Operating Profit—————————
OPM %—————————
Other Income001151001
Interest50244239222278352421539565
Depreciation2810121313172020
Profit before tax355911487201316459604642
Net Profit24368565150237345451480
EPS (₹)0.360.461.030.771.672.213.184.074.37

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital6767427978078901,0721,0851,106—
Reserves2042704084808381,7062,1052,619—
Other Liabilities71140258288280289141199—
Total Liabilities1,7934,2084,2314,5155,7477,0638,59611,085—
Fixed Assets270294301299296300308314—
CWIP00001212—
Investments1671,8791,484848607427327192—
Other Assets1,3562,0352,4463,3684,8436,3347,96110,577—
Total Assets1,7934,2084,2314,5155,7477,0638,59611,085—
Borrowing8423,0562,7682,9403,7393,9965,2647,162—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−368−383−275−822−1,245−1,155−1,415−1,893
Cash from Investing Activity146−1,863375652206158176131
Cash from Financing Activity3952,291−1871831,0711,0371,2811,977
Net Cash Flow17345−8713324041216

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %———————11.8
ROE %3.04.08.05.010.011.012.013.0
EPS (₹)0.360.461.030.771.672.213.184.37
Book Value (₹)———————33.7
Face Value (₹)———————10
P/E———————19.7
Div Yield %———————0.00
NPM %13.68.116.612.320.323.226.426.9
OPM %————————
D/E0.963.022.302.282.161.441.651.92
P/B———————2.5

Growth

As of 18 Oct 2026
Compounded sales growth
5 years+27.0%
3 years+32.0%
TTM+28.0%
Compounded profit growth
5 years+40.0%
3 years+44.0%
TTM+31.0%
Stock price CAGR
3 years+1.0%
Last year−24.0%
Return on equity
5 years11.0%
3 years12.0%
Last year13.0%

Shareholding pattern

As of 30 Jun 2026
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.05%63.74%60.66%55.19%55.05%54.75%53.33%53.19%52.98%52.82%52.35%52.31%
FIIs2.74%2.23%2.86%4.72%4.56%4.92%6.53%7.12%7.01%6.88%6.21%7.22%
DIIs12.42%11.94%13.53%16.24%16.26%16.47%17.67%16.99%18.21%19.53%21.97%20.72%
Government————————————
Public20.36%21.88%22.77%23.70%24.02%23.78%22.39%22.63%21.74%20.71%19.40%19.69%
No. of shareholders1,19,1091,29,4701,35,7681,38,9911,63,5951,62,9081,53,7441,42,1551,42,6691,46,5561,38,4671,34,577
Change since Sep 2023 (pp)
Promoters −11.74FIIs +4.48DIIs +8.30Public −0.67

Documents

As of 18 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAnnouncement under Regulation 30 (LODR)-Credit RatingAnnouncement under Regulation 30 (LODR)-Credit Rating
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingJan 2026TranscriptJan 2026PPTJan 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingJul 2025TranscriptJul 2025PPTJul 2025Recording

Corporate actions

Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman