On 6 Nov 2026, Smart Finsec was priced at ₹8.38, or 22.1× trailing earnings, against an industry P/E of 18.4×, and the shares are 19% below their 52-week high. Its ROCE of 8.1% is the lowest among the 7 largest Capital Markets peers, and sales and net profit fell 68% and 12% a year over 3 years. It is a small-cap company with a market cap of ₹25 Cr, ranked 146th of 219 Capital Markets companies by market cap; the shares fell 15% over the past year.
- ₹8.16
- ₹8.51
- ₹8.16
- ₹8.51
- 3.3K
Health check
- ReturnsBehind
−14.6% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 22.1 vs industry 18.4.
- GrowthShrinking
Sales −67.9%, profit −11.6% a year over 3 years.
- ProfitabilityWeak
ROCE 8.1% vs peer median 22.1%.
- Balance sheetFair
Piotroski 4 of 9.
- Red flags1 to check
Return on equity is low at 6.0%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹25 Cr
- Small cap
- P/E
- 22.1
- Industry 18.4
- Price to book
- 1.42
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 6.0%
- Peers 18.9%
- ROCE
- 8.1%
- Peers 22.1%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.38
- OPM (TTM)
- 76.9%
- Net margin 54.1%
- Sales growth
- +31.0%
- Latest quarter vs a year ago
- Profit growth
- +51.9%
- Latest quarter vs a year ago
- Price to sales
- 12.10
Strengths and risks
Strengths
- Quarterly profit up 51.9% on a year ago.
- Quarterly sales up 31.0% on a year ago.
- Net margin of 54.1%.
Risks to check
- Return on equity is low at 6.0%.
About Smart Finsec
Smart Finsec Limited, a non-banking finance company, engages in the investment of shares and securities, capital market, and real estate businesses in India. It operates through two segments; Real Estate and NBFC Activity. The company offers loans and advances, leasing, hire-purchase, and share and debenture conversion consulting and assistance services; acquires and underwrites shares, stocks, bonds, debentures, and securities issued by government or…
- Headquarters
- New Delhi
- Employees
- 4
- Sector
- Financial Services
- ISIN
- INE766D01020
- Website
- smartfinsec.com
Price range
- Avg volume (3M)
- 10.7K
- 1-year return
- minus 14.6%
- From 52-week high
- minus 18.6%
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 63.8% |
| 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% | 0.54% | 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% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 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% | 35.3% | 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% |
| SMARTFINSmart Finsec | 8.38 | minus 1.53% | 25 | 22.1 | 1.42 | 8.1% | 6.0% | 76.9% | −67.9% | −11.6% | 0.00% | minus 14.6% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.5 | 0.4 | 0.5 | 0.5 | 0.6 | |
| 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | |
| 0.4 | 0.3 | 0.4 | 0.3 | 0.6 | |
| 76.2% | 70.7% | 80.7% | 64.3% | 88.2% | |
| −0.2 | −0.1 | −0.2 | 0 | −0.3 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | −0 | 0 | 0 | |
| 0.2 | 0.1 | 0.2 | – | 0.3 | |
| 0.3 | 0.3 | 0.4 | 0.3 | 0.5 | |
| 19.3% | 22.4% | 19.4% | 47.7% | 21.3% | |
| 0.3 | 0.2 | 0.3 | 0.2 | 0.4 | |
| 0.09 | 0.07 | 0.11 | 0.06 | 0.14 |
Profit & loss
- Sales CAGR 3Y
- −67.9%
- Profit CAGR 3Y
- −11.6%
- EPS CAGR 3Y
- −11.1%
- ROE
- 6.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 30.7 | 24.5 | 1.5 | 1 | |
| – | minus 20.1% | minus 93.9% | minus 32.0% | |
| 28.8 | 21.8 | 0.6 | 0.5 | |
| 1.9 | 2.7 | 0.9 | 0.5 | |
| 6.2% | 10.9% | 57.9% | 50.4% | |
| −1.2 | 0.5 | 0.7 | 0.8 | |
| 0 | – | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0 | |
| 1.3 | – | −0 | 0 | |
| 1.9 | 3.1 | 1.5 | 1.3 | |
| 26.4% | 23.4% | 21.8% | 26.8% | |
| 1.4 | 2.4 | 1.2 | 1 | |
| – | +67.5% | minus 50.4% | minus 16.8% | |
| 0.47 | 0.79 | 0.39 | 0.33 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3 | 3 | 3 | 3 | |
| 9.1 | 11.5 | 12.7 | 13.7 | |
| 1.5 | 0.1 | 0.1 | 0.1 | |
| 13.6 | 14.6 | 15.8 | 16.8 | |
| 1.4 | 1.4 | 1.3 | 1.3 | |
| 1.1 | 1.8 | 1.9 | 2 | |
| 0.1 | 0.8 | 1 | 0.5 | |
| 11 | 10.7 | 11.6 | 13 | |
| 13.6 | 14.6 | 15.8 | 16.8 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.5 | 2.7 | 2.7 | −0.5 | |
| 1.6 | −0.6 | −2.5 | −0.1 | |
| −1.2 | −1.4 | – | – | |
| −0.1 | 0.7 | 0.2 | −0.7 | |
| – | −0 | – | – | |
| −0.5 | 2.7 | 2.7 | −0.5 |
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.