As of 6 Nov 2026, Laxmi India Finance trades at 9.3× trailing earnings, and the shares are 34% below their 52-week high. Its ROE of 14% is the lowest among the 7 largest Credit Services peers, and net profit grew 46% a year over 3 years. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 1.15× book value. It is a small-cap company with a market cap of ₹535 Cr, ranked 52nd of 193 Credit Services companies by market cap; the shares fell 29% over the past year.
- ₹102.83
- ₹104.55
- ₹101.30
- ₹102.82
- 1.1 L
Health check
- ReturnsBehind
−29.4% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/B 1.15 vs peer median 2.62.
- GrowthStrong
Profit +46.0% a year over 3 years.
- ProfitabilityAverage
ROE 13.8% vs peer median 18.7%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flags1 to check
34% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹535 Cr
- Small cap
- P/E
- 9.3
- Industry 15.5
- Price to book
- 1.15
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 13.8%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹11.01
- Face value ₹5
- OPM (TTM)
- 25.6%
- Net margin 30.6%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +69.5%
- Latest quarter vs a year ago
- Price to sales
- 2.89
Strengths and risks
Strengths
- Quarterly profit up 69.5% on a year ago.
Risks to check
- 34% below its 52-week high.
About Laxmi India Finance
Laxmi India Finance Limited, a non-banking finance company, provides financial products and services to individuals, businesses, and institutions in India. It offers MSME, wholesale, business, personal, term, and residential construction loans, and other credit solutions, as well as vehicle loans including two-wheeler, tractors, used cars, commercial vehicles, and electric vehicle loans. The company was formerly known as Laxmi India Finance Private…
- Headquarters
- Jaipur
- Employees
- 1,805
- Sector
- Financial Services
- ISIN
- INE06WU01026
- Website
- lifc.co.in
Price range
- Avg volume (3M)
- 1.9 L
- 1-year return
- minus 29.4%
- From 52-week high
- minus 33.9%
Peers · Credit Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 3.8% | 18.2% | 0.50% | plus 1.2% |
| SHRIRAMFINShriram Finance | 961.15 | minus 0.30% | 2,26,167 | 16.0 | 2.03 | 14.8% | 3.9% | 18.6% | 1.80% | plus 21.0% |
| CHOLAFINCholamandalam Investment and Finance Company | 1,785.00 | plus 1.42% | 1,53,103 | 24.5 | 4.41 | 20.6% | 2.6% | 25.2% | 0.11% | plus 0.8% |
| TATACAPTata Capital | 358.05 | plus 2.93% | 1,50,979 | 25.4 | 3.10 | 14.1% | 2.2% | – | 0.16% | plus 5.6% |
| MUTHOOTFINMuthoot Finance | 2,869.00 | plus 1.06% | 1,15,181 | 9.4 | 2.62 | 31.6% | 6.3% | 43.1% | 1.05% | minus 11.0% |
| PFCPower Finance Corporation | 328.80 | minus 0.18% | 1,08,507 | 4.1 | 0.74 | 18.7% | 2.7% | 17.7% | 4.99% | minus 16.9% |
| IRFCIndian Railway Finance Corporation | 80.43 | plus 0.37% | 1,05,110 | 14.3 | 1.73 | 12.6% | 1.4% | 4.4% | 2.74% | minus 34.4% |
| LAXMIINDIALaxmi India Finance | 102.10 | minus 0.70% | 535 | 9.3 | 1.15 | 12.4% | – | – | 0.00% | minus 29.4% |
| Median of 7 peers | – | 1.06% | 1,50,979 | 16.0 | 2.62 | 18.7% | 2.7% | 18.4% | 1.05% | 0.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 69.7 | 75.7 | 75.9 | 93.4 | 91.1 | |
| 54.9 | 59.9 | 59.2 | 63.2 | 67.7 | |
| 14.8 | 15.7 | 16.7 | 30.2 | 23.4 | |
| 21.3% | 20.8% | 22.0% | 32.4% | 25.7% | |
| 0.4 | 0.5 | 1 | 0.6 | 0.4 | |
| 0.5 | 0.5 | 0.6 | 0.7 | 0.6 | |
| −2 | −3 | −3.6 | −3.1 | −1.3 | |
| 12.8 | 12.8 | 13.4 | 27.1 | 21.9 | |
| 23.4% | 26.4% | 25.1% | 24.2% | 24.4% | |
| 9.8 | 9.4 | 10.1 | 20.5 | 16.6 | |
| 1.87 | 1.90 | 1.90 | 4.05 | 3.16 |
Profit & loss
- Profit CAGR 3Y
- +46.0%
- EPS CAGR 3Y
- +49.4%
- ROE
- 13.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 123 | 159 | 223 | 289 | |
| – | +29.9% | +40.1% | +29.6% | |
| 101 | 137 | 172 | 219 | |
| 21.6 | 22.4 | 50.6 | 69.9 | |
| 17.6% | 14.1% | 22.7% | 24.2% | |
| 2.8 | 6.7 | 9.8 | 10.5 | |
| 0 | 0.1 | 0.2 | 0.4 | |
| 1.1 | 1.5 | 1.9 | 2.3 | |
| −1.3 | 2.2 | −10.9 | −11.6 | |
| 22 | 29.6 | 47.4 | 66 | |
| 27.5% | 24.2% | 24.0% | 24.7% | |
| 16 | 22.5 | 36 | 49.8 | |
| – | +40.7% | +60.2% | +38.2% | |
| 3.06 | 4.30 | 6.89 | 10.20 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18.3 | 19.9 | 20.9 | 26.1 | |
| 134 | 182 | 237 | 439 | |
| 616 | 768 | 1,139 | 1,337 | |
| 10.3 | 15.4 | 15.4 | 15 | |
| 779 | 985 | 1,413 | 1,818 | |
| 10.1 | 11.1 | 12.8 | 17.1 | |
| 29.9 | 52.3 | 79.9 | 149 | |
| 167 | 102 | 186 | 164 | |
| 572 | 820 | 1,134 | 1,488 | |
| 779 | 985 | 1,413 | 1,818 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −169 | −224 | −311 | −280 | |
| 5.1 | −6.8 | −18.4 | −134 | |
| 213 | 178 | 390 | 354 | |
| 48.4 | −53 | 60.2 | −60.1 | |
| −5.1 | −2.4 | −3.7 | −6.5 | |
| −175 | −226 | −315 | −286 |
Shareholding pattern
- Promoters60.17%
- Public39.83%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 60.17% | 39.83% | 0.00 | |
| 30 Jun 2026 | 60.17% | 39.83% | minus 0.14 | |
| 31 Mar 2026 | 60.31% | 39.69% | minus 0.14 | |
| 31 Dec 2025 | 60.45% | 39.55% | 0.00 | |
| 30 Sep 2025 | 60.45% | 39.55% | – |
Major shareholders
Filings & events
News
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