On 6 Nov 2026, Hybrid Financial Services was priced at ₹15.16, or 17.4× trailing earnings, against an industry P/E of 18.4×, and the shares are 44% below their 52-week high. Sales and net profit grew 18% and 75% a year over 3 years; its ROCE of 5.1% is the lowest among the 7 largest Capital Markets peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹45 Cr, ranked 122nd of 219 Capital Markets companies by market cap; the shares fell 32% over the past year.
- ₹15.40
- ₹15.40
- ₹15.01
- ₹15.20
- 1.6K
Health check
- ReturnsBehind
−32.0% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales +17.9%, profit +74.7% a year over 3 years.
- ProfitabilityWeak
ROCE 5.1% vs peer median 22.1%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags4 to check
Return on equity is low at 6.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹45 Cr
- Small cap
- P/E
- 17.4
- Industry 18.4
- Price to book
- 1.01
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 6.5%
- Peers 18.9%
- ROCE
- 5.1%
- Peers 22.1%
- Debt to equity
- 0.02
- Debt ₹0.70 Cr
- EPS (TTM)
- ₹0.87
- Face value ₹5
- OPM (TTM)
- 34.0%
- Net margin 44.1%
- Sales growth
- +10.3%
- Latest quarter vs a year ago
- Profit growth
- −21.0%
- Latest quarter vs a year ago
- Price to sales
- 7.72
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Return on equity is low at 6.5%.
- Quarterly profit down 21.0% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 44% below its 52-week high.
About Hybrid Financial Services
Hybrid Financial Services Limited, together with its subsidiaries, provides management consultancy services in India. The company offers debt recovery advice; and consultancy services in financial, secretarial, commercial, legal, direct and indirect taxation, other levies, statistical, accountancy, and other fields. It also engages in investment; share and stock broking; and depository participant and marketing of financial products. It serves telecom,…
- Headquarters
- Mumbai
- Employees
- 3
- Sector
- Financial Services
- ISIN
- INE965B01022
- Website
- hybridfinance.co.in
Price range
- Avg volume (3M)
- 9.3K
- 1-year return
- minus 32.0%
- From 52-week high
- minus 43.9%
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 70.5% |
| 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% | 0.55% | 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% | 1.98% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 48.8% | 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% | 36.0% | 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% |
| HYBRIDFINHybrid Financial Services | 15.16 | minus 0.26% | 45 | 17.4 | 1.01 | 5.1% | 6.5% | 34.0% | 17.9% | 74.7% | 0.00% | minus 32.0% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 48.8% | 28.2% | 22.2% | 0.55% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1 | 1.5 | 1.2 | 1.2 | 1.1 | |
| 0.7 | 0.7 | 0.8 | 0.9 | 0.9 | |
| 0.2 | 0.8 | 0.5 | 0.2 | 0.2 | |
| 24.2% | 51.9% | 38.1% | 19.8% | 19.2% | |
| 0.4 | 0.1 | 0 | 1.1 | 0.4 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.1 | 0.3 | – | −0.8 | −0 | |
| 0.7 | 1.1 | 0.4 | 0.4 | 0.6 | |
| – | 0.2% | – | – | – | |
| 0.7 | 1.1 | 0.4 | 0.4 | 0.6 | |
| 0.25 | 0.37 | 0.15 | 0.15 | 0.20 |
Profit & loss
- Sales CAGR 3Y
- +17.9%
- Profit CAGR 3Y
- +74.7%
- EPS CAGR 3Y
- +75.5%
- ROE
- 6.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.5 | 4 | 5 | 4.2 | |
| – | +56.7% | +25.5% | minus 16.8% | |
| 2.4 | 2.8 | 3 | 3.1 | |
| 0.2 | 1.2 | 2 | 1 | |
| 5.9% | 29.0% | 40.0% | 24.9% | |
| 1 | 1.2 | 2.2 | 1.8 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| −0.4 | −0.1 | −0.2 | −0 | |
| 0.7 | 2.2 | 3.9 | 2.7 | |
| 25.3% | 9.9% | 0.6% | −0.1% | |
| 0.5 | 1.9 | 3.8 | 2.7 | |
| – | +282.9% | +97.8% | minus 29.6% | |
| 0.17 | 0.66 | 1.30 | 0.92 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.7 | 14.7 | 14.7 | 14.7 | |
| 8.1 | 15.3 | 24.5 | 29.4 | |
| 2.1 | 0 | 0 | – | |
| 12.6 | 17.9 | 10.7 | 10.2 | |
| 37.5 | 47.9 | 49.9 | 54.3 | |
| 0.4 | 0.4 | 0.3 | 0.3 | |
| 16.8 | 22.5 | 24.2 | 27.1 | |
| 9.4 | 18.6 | 20 | 21.2 | |
| 10.8 | 6.4 | 5.3 | 5.7 | |
| 37.5 | 47.9 | 49.9 | 54.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | 1.3 | −3.6 | 0.7 | |
| 0.9 | 1.5 | 1.7 | 1.4 | |
| −0 | −0 | −0.7 | −0.7 | |
| 0.9 | 2.8 | −2.7 | 1.4 | |
| −0 | −0 | −0 | −0.1 | |
| −0 | 1.3 | −3.7 | 0.7 | |
| −0 | −0 | −0 | −0 |
Shareholding pattern
- Promoters64.02%
- Public35.98%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 64.02% | 35.98% | 0.00 | |
| 30 Jun 2026 | 64.02% | 35.98% | 0.00 | |
| 31 Mar 2026 | 64.02% | 35.98% | 0.00 | |
| 31 Dec 2025 | 64.02% | 35.98% | 0.00 | |
| 30 Sep 2025 | 64.02% | 35.98% | – |
Major shareholders
Filings & events
News
No recent news coverage found.