As of 5 Nov 2026, Glance Finance trades at 15.4× trailing earnings, below the industry P/E of 18.4×, and the shares are 22% below their 52-week high. Its ROCE of 13% is the lowest among the 7 largest Capital Markets peers, and sales grew 52% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹43 Cr, ranked 125th of 219 Capital Markets companies by market cap; the shares fell 16% over the past year.
- ₹180.50
- ₹190.40
- ₹180.50
- ₹190.40
- 21
Health check
- ReturnsBehind
−15.8% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 15.4 vs industry 18.4.
- GrowthStrong
Sales +52.1% a year over 3 years.
- ProfitabilityWeak
ROCE 12.8% vs peer median 22.1%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹43 Cr
- Small cap
- P/E
- 15.4
- Industry 18.4
- Price to book
- 0.86
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 10.4%
- Peers 18.9%
- ROCE
- 12.8%
- Peers 22.1%
- Debt to equity
- 0.04
- Debt ₹1.90 Cr
- EPS (TTM)
- ₹12.34
- OPM (TTM)
- 58.0%
- Net margin 23.9%
- Sales growth
- +9.8%
- Latest quarter vs a year ago
- Profit growth
- −2.0%
- Latest quarter vs a year ago
- Price to sales
- 2.13
Strengths and risks
Strengths
- Practically debt-free.
- Net margin of 23.9%.
- Positive operating cash flow in each of the last 4 years.
About Glance Finance
Glance Finance Limited, a non-banking financial company, engages in finance and investment activities in India. It also provides asset leasing services for cars, vending machines, and others, as well as offers related ancillary services. In addition, the company offers asset financing, revenue-based finance, supply chain finance, equity market investing, and structure lending solutions. Further, it is involved in investment in private and public market…
- Headquarters
- Mumbai
- Employees
- 8
- Sector
- Financial Services
- ISIN
- INE580D01017
- Website
- glancefinance.in
Price range
- Avg volume (3M)
- 220
- 1-year return
- minus 15.8%
- From 52-week high
- minus 22.3%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| GLANCEGlance Finance | 190.40 | 0.00% | 43 | 15.4 | 0.86 | 12.8% | 10.4% | 58.0% | 52.1% | – | 0.00% | minus 15.8% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.8 | 8 | 2.8 | 3.7 | 0.9 | |
| −7.7 | 5.9 | 0.5 | 7.2 | −7.1 | |
| 8.5 | 2 | 2.4 | −3.5 | 8 | |
| 1058.9% | 25.7% | 83.8% | −96.3% | 914.9% | |
| −0 | 0 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 1.4 | 1.3 | 1.2 | 1 | 1 | |
| – | −0.1 | – | – | – | |
| 7 | 0.6 | 1.1 | −4.6 | 6.9 | |
| 14.8% | 88.8% | 32.1% | 16.2% | 16.1% | |
| 5.9 | 0.1 | 0.8 | −3.8 | 5.8 | |
| 26.24 | 0.31 | 3.33 | -17.01 | 25.71 |
Profit & loss
- Sales CAGR 3Y
- +52.1%
- ROE
- 10.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.7 | 14.6 | 24.8 | 23.6 | |
| – | +117.4% | +69.6% | minus 4.7% | |
| 1.6 | 4.4 | 8.1 | 11.7 | |
| 5.1 | 10.2 | 16.7 | 11.9 | |
| 75.7% | 70.1% | 67.5% | 50.6% | |
| 0.1 | 0 | 0.3 | 0 | |
| 1 | 1.1 | 0.6 | 0.3 | |
| 4.4 | 6.1 | 6.4 | 4.9 | |
| −0.1 | 0.3 | – | −0.5 | |
| −0.3 | 3.3 | 10.1 | 6.3 | |
| 8.7% | 41.6% | 16.9% | 21.3% | |
| −0.3 | 1.9 | 8.4 | 4.9 | |
| – | – | +331.8% | minus 41.2% | |
| -1.30 | 8.60 | 37.15 | 21.83 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.3 | 2.3 | 2.3 | 2.3 | |
| 22.8 | 34.1 | 42.5 | 47.4 | |
| 13.7 | 7.3 | 3.7 | 1.9 | |
| 2.7 | 3.3 | 4.9 | 2.8 | |
| 41.5 | 46.9 | 53.3 | 54.4 | |
| 22.9 | 23.4 | 17.2 | 10.1 | |
| 10.2 | 17.3 | 27.1 | 32.3 | |
| 9.7 | 18.2 | 26.2 | 32.5 | |
| −1.3 | −11.9 | −17.2 | −20.6 | |
| 41.5 | 46.9 | 53.3 | 54.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.7 | 11.6 | 11.9 | 7.7 | |
| −7.3 | −3.1 | −8.7 | −3.7 | |
| 2.5 | −7.6 | −4.2 | −3.6 | |
| −0.1 | 0.9 | −1 | 0.5 | |
| −9.8 | −6.7 | −0 | −1.8 | |
| −5.1 | 4.9 | 11.9 | 5.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.