On 6 Nov 2026, Greencrest Financial Services was priced at ₹0.59, or 19.7× trailing earnings, against an industry P/E of 18.4×, and the shares are 18% below their 52-week high. Its ROCE of 9.3% is the lowest among the 7 largest Capital Markets peers, and sales and net profit grew 15% and 2.4% a year over 3 years. Debt is 0.90× equity. It is a small-cap company with a market cap of ₹22 Cr, ranked 152nd of 219 Capital Markets companies by market cap; the shares fell 6.5% over the past year.
- ₹0.58
- ₹0.60
- ₹0.57
- ₹0.58
- 90.2K
Health check
- ReturnsBehind
−6.5% over a year, better than 2 of 7 peers.
- Price tagIn line
P/E 19.7 vs industry 18.4.
- GrowthSlow
Sales +15.0%, profit +2.4% a year over 3 years.
- ProfitabilityWeak
ROCE 9.3% vs peer median 22.1%.
- Balance sheetFair
Debt 0.90× equity, interest covered 1.6×, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 2.4%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹22 Cr
- Small cap
- P/E
- 19.7
- Industry 18.4
- Price to book
- 0.37
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 2.4%
- Peers 18.9%
- ROCE
- 9.3%
- Peers 22.1%
- Debt to equity
- 0.90
- Debt ₹51 Cr
- EPS (TTM)
- ₹0.03
- OPM (TTM)
- 13.5%
- Net margin 3.6%
- Sales growth
- +20.5%
- Latest quarter vs a year ago
- Profit growth
- −7.9%
- Latest quarter vs a year ago
- Price to sales
- 0.60
Strengths and risks
Strengths
- Quarterly sales up 20.5% on a year ago.
Risks to check
- Return on equity is low at 2.4%.
- Interest coverage of only −0.1×.
About Greencrest Financial Services
Greencrest Financial Services Limited, a non-banking financial company, engages in finance and investment businesses in India. The company is also involved in shares & other securities, government and non-government bonds, fixed deposits, commodities and other related activities of capital market. The company was formerly known as Marigold Glass Industries Limited and changed its name to Greencrest Financial Services Limited in May 2013. Greencrest…
- Headquarters
- Kolkata
- Employees
- 9
- Sector
- Financial Services
- ISIN
- INE414C01045
- Website
- greencrestfin.com
Price range
- Avg volume (3M)
- 2 L
- 1-year return
- minus 6.5%
- From 52-week high
- minus 18.1%
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% |
| GREENCRESTGreencrest Financial Services | 0.59 | plus 1.72% | 22 | 19.7 | 0.37 | 9.3% | 2.4% | 16.8% | 15.0% | 2.4% | 0.00% | minus 6.5% |
| 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 |
|---|---|---|---|---|---|
| 5.4 | 5.6 | 12.7 | 14.4 | 6.5 | |
| 3.4 | 3.5 | 10 | 15.9 | 4.5 | |
| 2 | 2.1 | 2.7 | −1.5 | 1.9 | |
| 36.7% | 37.3% | 21.4% | −10.3% | 30.0% | |
| 0 | 0 | 1.4 | −0 | 0 | |
| 0.7 | 0.7 | 1.6 | 0.3 | 0.9 | |
| 0 | −0 | 0 | 0 | 0 | |
| – | −0 | −1.4 | −0 | – | |
| 1.2 | 1.4 | 1.1 | −1.8 | 1.1 | |
| 25.2% | 25.2% | 25.1% | 21.4% | 23.2% | |
| 0.9 | 1 | 0.8 | −1.4 | 0.9 | |
| 0.03 | 0.03 | 0.02 | -0.04 | 0.02 |
Profit & loss
- Sales CAGR 3Y
- +15.0%
- Profit CAGR 3Y
- +2.4%
- EPS CAGR 3Y
- +10.1%
- ROE
- 2.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.3 | 34.3 | 65.8 | 30.9 | |
| – | +68.8% | +92.1% | minus 53.1% | |
| 21.5 | 33.9 | 66.6 | 31.2 | |
| −1.2 | 0.4 | −0.8 | −0.4 | |
| −5.9% | 1.1% | −1.3% | −1.1% | |
| 4.2 | 5 | 6 | 7.3 | |
| 1.3 | 1.7 | 2.9 | 3.4 | |
| 0 | 0 | 0 | 0 | |
| −0 | −1.9 | −0.4 | −1.6 | |
| 1.7 | 1.8 | 1.8 | 1.9 | |
| 25.2% | 41.4% | 31.3% | 28.8% | |
| 1.3 | 1.1 | 1.2 | 1.3 | |
| – | minus 15.4% | +14.8% | +10.6% | |
| 0.03 | 0.03 | 0.03 | 0.04 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 36.6 | 36.6 | 36.6 | 36.6 | |
| 16.1 | 17.2 | 18.6 | 20.1 | |
| 24.8 | 34.7 | 45.1 | 52.6 | |
| 0.2 | 3.6 | 3 | 29.1 | |
| 77.7 | 92.1 | 103 | 138 | |
| 3.1 | 3 | 0 | 0.2 | |
| 3 | 3 | 3 | – | |
| 0 | 1.3 | 0 | 20.1 | |
| 1.5 | 1.7 | 0.6 | 0 | |
| 70.2 | 83.1 | 99.6 | 118 | |
| 77.7 | 92.1 | 103 | 138 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −3.3 | 4.1 | −6.5 | 1.2 | |
| −4.5 | −5.1 | −6.1 | −7.5 | |
| – | – | 12.8 | 5.7 | |
| −7.8 | −1 | 0.2 | −0.6 | |
| – | – | – | −0.2 | |
| −3.3 | 4.1 | −6.5 | 1.1 |
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.