As of 6 Nov 2026, Photon Capital Advisors trades at 60.3× trailing earnings, above the industry P/E of 25.9×, and the shares are close to their 52-week high. It earns ROCE of 3.9% and ROE of 5.1%, and sales grew 97% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹163 Cr, ranked 45th of 69 Asset Management companies by market cap; the shares rose 476% over the past year.
- ₹599.15
- ₹599.15
- ₹599.15
- ₹587.45
- 122
Health check
- ReturnsAhead
+475.9% over a year, better than 7 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthStrong
Sales +96.9% a year over 3 years.
- ProfitabilityWeak
ROCE 3.9% vs peer median 38.5%.
- Balance sheetFair
Piotroski 5 of 9.
- Red flags3 to check
Return on equity is low at 5.1%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹163 Cr
- Small cap
- P/E
- 60.3
- Industry 25.9
- Price to book
- 3.59
- Peers 13.19
- Dividend yield
- 0.00%
- ROE
- 5.1%
- Peers 35.3%
- ROCE
- 3.9%
- Peers 38.5%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹9.94
- OPM (TTM)
- 36.1%
- Net margin 50.7%
- Sales growth
- +930.6%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 71.79
- EV/EBITDA 100.0
Strengths and risks
Strengths
- Quarterly sales up 930.6% on a year ago.
Risks to check
- Return on equity is low at 5.1%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 60.3 against an industry P/E of 25.9.
About Photon Capital Advisors
Photon Capital Advisors Limited engages in the software services, information technology, and information technology enabled services in India. The company provides solution and consultancy on software designing, development, customization, implementation, maintenance, testing and benchmarking; AI-native and data driven businesses includes research, development, deployment and communication of artificial intelligence, machine learning and deep learning…
- Headquarters
- Hyderabad
- Sector
- Financial Services
- ISIN
- INE107J01016
- Website
- photoncapital.in
Price range
- Avg volume (3M)
- 59
- 1-year return
- plus 475.9%
- From 52-week high
- 0.0%
Peers · Asset Management
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JIOFINJio Financial Services | 231.20 | plus 0.69% | 1,58,445 | 87.9 | 1.19 | 1.7% | 1.3% | 75.8% | 431.5% | 268.2% | 0.26% | minus 23.9% |
| ICICIAMCICICI Prudential Asset Management Company | 2,935.80 | minus 1.45% | 1,45,104 | 41.1 | 27.16 | 98.3% | 76.2% | 74.1% | 28.9% | 29.6% | 1.44% | plus 13.5% |
| BAJAJHLDNGBajaj Holdings & Investment | 11,044.00 | plus 1.80% | 1,22,913 | 13.2 | 1.67 | – | 11.6% | 78.8% | 19.0% | 25.7% | 1.18% | minus 10.3% |
| HDFCAMCHDFC Asset Management Company | 2,649.80 | plus 0.37% | 1,13,701 | 38.3 | 13.19 | 38.5% | 36.4% | 81.4% | 23.9% | 26.2% | 2.04% | minus 2.3% |
| SBIFUNDSSBI Funds Management | 499.55 | minus 1.30% | 1,01,750 | 33.3 | 13.47 | – | 40.4% | 78.5% | – | – | 0.00% | minus 18.1% |
| NAM-INDIANippon Life India Asset Management | 1,065.20 | minus 0.37% | 68,177 | 42.8 | 14.29 | 40.0% | 35.3% | 67.3% | 26.1% | 28.3% | 2.07% | plus 21.3% |
| 360ONE360 ONE WAM | 1,145.00 | plus 0.36% | 49,107 | 38.7 | 4.50 | 13.5% | 12.7% | 47.3% | 24.0% | 22.7% | 1.18% | plus 5.7% |
| PHOTONPhoton Capital Advisors | 599.15 | plus 1.99% | 163 | 60.3 | 3.59 | 3.9% | 5.1% | 36.1% | 96.9% | – | 0.00% | plus 475.9% |
| Median of 7 peers | – | 0.36% | 1,13,701 | 38.7 | 13.19 | 38.5% | 35.3% | 75.8% | 25.0% | 27.2% | 1.18% | −2.3% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.1 | – | 0.1 | 1.6 | 0.3 | |
| 0.1 | – | 0.2 | 0.2 | 0.4 | |
| −0.1 | −0.2 | −0.1 | 1.4 | −0.1 | |
| −103.4% | – | −214.2% | 89.1% | −53.0% | |
| 0 | 0.1 | 0.3 | 0 | 0.4 | |
| 0 | 0 | 0 | 0 | – | |
| 0 | 0 | 0 | 0 | 0 | |
| −0.1 | −0.1 | 0.2 | 1.4 | 0.2 | |
| −359.4% | – | – | 13.8% | 26.0% | |
| −0.3 | −0.1 | 0.2 | 1.2 | 0.2 | |
| -2.08 | -0.67 | 1.46 | 6.53 | 0.52 |
Profit & loss
- Sales CAGR 3Y
- +96.9%
- ROE
- 5.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.2 | 0.3 | 0.2 | 1.6 | |
| – | +21.5% | minus 2.6% | +545.2% | |
| 0.4 | 0.6 | 0.5 | 0.6 | |
| −0.2 | −0.3 | −0.2 | 1 | |
| −116.1% | −120.8% | −94.7% | 61.0% | |
| −0.1 | 0.6 | 0 | 0.2 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| – | – | – | −0 | |
| −0.3 | 0.3 | −0.3 | 1.1 | |
| −18.3% | 831.9% | −94.4% | 17.8% | |
| −0.4 | −2 | −0.5 | 0.9 | |
| -2.46 | -13.08 | -3.35 | 5.14 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.5 | 1.5 | 1.5 | 2.7 | |
| 8.7 | 6.7 | 5.7 | 25 | |
| – | 0.1 | 0 | – | |
| 0 | 0 | 0 | 0.1 | |
| 10.3 | 8.3 | 7.3 | 27.8 | |
| 0 | 0.1 | 0 | 0 | |
| 2.3 | 2.9 | 2.7 | 0 | |
| 4.2 | 3.9 | 3.6 | 0.5 | |
| 3.7 | 1.5 | 0.9 | 27.3 | |
| 10.3 | 8.3 | 7.3 | 27.8 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.6 | −0.6 | −0.5 | −0.6 | |
| −3.7 | 0.5 | 0.7 | −18.9 | |
| −0 | −0 | −0 | 19.6 | |
| −4.3 | −0.1 | 0.2 | 0.1 | |
| −0.6 | −0.6 | −0.5 | −0.6 |
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.