On 6 Nov 2026, Sainik Finance & Industries was priced at ₹33.76, or 8.9× trailing earnings, and the shares are 30% below their 52-week high. Its ROE of 9.0% 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 0.76× book value and its dividend yield is 1.5%. It is a small-cap company with a market cap of ₹37 Cr, ranked 124th of 193 Credit Services companies by market cap; the shares fell 21% over the past year.
- ₹31.40
- ₹35.00
- ₹31.40
- ₹33.35
- 4
Health check
- ReturnsBehind
−20.5% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/B 0.76 vs peer median 2.62.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROE 9.0% vs peer median 18.7%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹37 Cr
- Small cap
- P/E
- 8.9
- Industry 15.5
- Price to book
- 0.76
- Peers 2.62
- Dividend yield
- 1.48%
- ROE
- 9.0%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹3.81
- OPM (TTM)
- 26.7%
- Net margin 63.9%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- −2.5%
- Latest quarter vs a year ago
- Price to sales
- 5.67
Strengths and risks
Strengths and risks
Nothing stands out either way in the headline numbers.
About Sainik Finance & Industries
Sainik Finance & Industries Limited, a non-banking finance company, engages in the investment, finance, and lending businesses in India. It offers financing of tippers, pay loaders, and other heavy earth moving machines (HEMM). The company was formerly known as Garuda Clays Limited and changed its name to Sainik Finance & Industries Limited in April 2000. Sainik Finance & Industries Limited was incorporated in 1991 and is based in Gurugram, India.
- Headquarters
- Gurugram
- Employees
- 4
- Sector
- Financial Services
- ISIN
- INE584B01013
- Website
- sainikfinance.com
Price range
- Avg volume (3M)
- 4.3K
- 1-year return
- minus 20.5%
- From 52-week high
- minus 29.7%
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% |
| SAINIKSainik Finance & Industries | 33.76 | plus 1.23% | 37 | 8.9 | 0.76 | 9.0% | – | – | 1.48% | minus 20.5% |
| 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 |
|---|---|---|---|---|---|
| 3.6 | 4.1 | 4.4 | 4.8 | 4.4 | |
| 2.6 | 3.5 | 3.2 | 3.2 | 3.1 | |
| 1 | 0.6 | 1.2 | 1.6 | 1.3 | |
| 28.0% | 15.0% | 28.0% | 33.2% | 29.2% | |
| 0 | 0 | 0 | 0.1 | 0 | |
| −0.1 | – | – | – | −0.1 | |
| 0.9 | 0.6 | 1.2 | 1.7 | 1.2 | |
| −2.5% | −19.1% | – | 23.9% | 25.2% | |
| 0.9 | 0.7 | 1.2 | 1.3 | 0.9 | |
| 0.87 | 0.67 | 1.14 | 1.15 | 0.85 |
Profit & loss
- ROE
- 9.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18 | 15.2 | 16.6 | 16.8 | |
| – | minus 15.5% | +9.4% | +1.1% | |
| 23.7 | 12.6 | 10.7 | 12.2 | |
| −5.7 | 2.6 | 5.9 | 4.6 | |
| −31.5% | 16.9% | 35.5% | 27.4% | |
| 0.2 | 0.1 | 0.1 | 0.1 | |
| 0 | 0 | 0 | – | |
| 7.8 | – | 0.2 | −0.3 | |
| 2.3 | 2.7 | 6.2 | 4.4 | |
| 103.7% | 25.2% | 0.9% | 5.8% | |
| −0.1 | 2 | 6.2 | 4.2 | |
| – | – | +208.1% | minus 32.6% | |
| -0.08 | 1.84 | 5.68 | 3.83 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.9 | 10.9 | 10.9 | 10.9 | |
| 24.5 | 26.5 | 33.3 | 37.4 | |
| 97.1 | 99.1 | 84.8 | 105 | |
| 19.6 | 15.9 | 13.6 | 7.8 | |
| 152 | 152 | 143 | 161 | |
| 0 | 0 | 0 | 0 | |
| 13.5 | 15.1 | 11.8 | – | |
| 1.9 | 5.3 | 7.8 | 2.7 | |
| 137 | 132 | 123 | 158 | |
| 152 | 152 | 143 | 161 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 113 | 1.4 | 16.8 | −25.3 | |
| −112 | 2 | −14.3 | 20.1 | |
| 1.8 | 3.4 | 2.6 | −5.1 | |
| 113 | 1.4 | 16.8 | −25.3 |
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.