Margo Finance (BSE: MARGOFIN) had a P/E of 23.8× on 6 Nov 2026, and the shares are 28% below their 52-week high. Its ROE of 0.9% is the lowest among the 7 largest Credit Services peers. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 0.23× book value. It is a small-cap company with a market cap of ₹29 Cr, ranked 130th of 193 Credit Services companies by market cap; the shares fell 18% over the past year.
- ₹63.20
- ₹63.49
- ₹60.61
- ₹63.70
- 777
Health check
- ReturnsBehind
−17.7% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/B 0.23 vs peer median 2.62.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROE 0.9% vs peer median 18.7%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flags1 to check
Return on equity is low at 0.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹29 Cr
- Small cap
- P/E
- 23.8
- Industry 15.5
- Price to book
- 0.23
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 0.9%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹2.67
- OPM (TTM)
- 81.8%
- Net margin 55.6%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +666.5%
- Latest quarter vs a year ago
- Price to sales
- 13.23
- EV/EBITDA 15.9
Strengths and risks
Strengths
- Quarterly profit up 666.5% on a year ago.
Risks to check
- Return on equity is low at 0.9%.
About Margo Finance
Margo Finance Limited, a non-deposit accepting non-banking financial company, engages in investment activities in India. The company was formerly known as Indocount Finance Limited and changed its name to Margo Finance Limited in March 2010. Margo Finance Limited was incorporated in 1991 and is based in New Delhi, India.
- Headquarters
- New Delhi
- Employees
- 2
- Sector
- Financial Services
- ISIN
- INE680B01019
- Website
- margofinance.com
Price range
- Avg volume (3M)
- 1K
- 1-year return
- minus 17.7%
- From 52-week high
- minus 27.8%
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% |
| MARGOFINMargo Finance | 63.49 | minus 0.33% | 29 | 23.8 | 0.23 | 0.9% | – | – | 0.00% | minus 17.7% |
| 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 |
|---|---|---|---|---|---|
| 0.1 | 0.4 | 0.3 | 1.1 | 0.4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0.3 | 0.2 | 1 | 0.2 | |
| 27.2% | 77.9% | 75.1% | 91.3% | 64.0% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0.3 | 0.2 | 1 | 0.2 | |
| 32.2% | 17.2% | 75.4% | 27.5% | 25.7% | |
| 0 | 0.3 | 0.1 | 0.7 | 0.2 | |
| 0.05 | 0.62 | 0.13 | 1.55 | 0.37 |
Profit & loss
- ROE
- 0.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0 | 0.8 | 1.3 | 1.9 | |
| – | – | +62.6% | +47.2% | |
| 0.3 | 0.4 | 0.4 | 0.4 | |
| −0.4 | 0.4 | 1 | 1.6 | |
| 1229.7% | 51.3% | 73.2% | 81.3% | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| −0.4 | 0.4 | 1 | 1.6 | |
| −62.3% | 44.3% | 65.0% | 32.4% | |
| −0.6 | 0.2 | 0.3 | 1.1 | |
| – | – | +42.6% | +209.4% | |
| -1.25 | 0.53 | 0.76 | 2.34 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.6 | 4.6 | 4.6 | 4.6 | |
| 53.7 | 163 | 120 | 120 | |
| 16.4 | 52.8 | 37.6 | 36.9 | |
| 74.6 | 221 | 162 | 162 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 74.3 | 220 | 0.3 | 0.3 | |
| 0 | 0.2 | 162 | 161 | |
| 0.2 | 0.5 | 0.2 | 0.3 | |
| 74.6 | 221 | 162 | 162 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | 0 | 0.1 | 0.4 | |
| −0 | −0 | −0 | −0 | |
| 0 | 0 | 0.1 | 0.4 | |
| −0 | −0 | −0 | −0 | |
| 0 | 0 | 0.1 | 0.4 |
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.