As of 6 Nov 2026, TCFC Finance trades at 39.1× trailing earnings, above the industry P/E of 18.4×, and the shares are 54% below their 52-week high. Its ROCE of −3.1% is the lowest among the 7 largest Capital Markets peers, and sales fell 14% 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 ₹25 Cr, ranked 147th of 219 Capital Markets companies by market cap; the shares fell 50% over the past year.
- ₹23.76
- ₹24.42
- ₹23.07
- ₹24.10
- 667
Health check
- ReturnsBehind
−50.2% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −13.9% a year over 3 years.
- ProfitabilityNegative
ROCE -3.1% vs peer median 22.1%.
- Balance sheetStretched
Piotroski 3 of 9.
- Red flags5 to check
Return on equity is low at 0.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹25 Cr
- Small cap
- P/E
- 39.1
- Industry 18.4
- Price to book
- 0.21
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 0.5%
- Peers 18.9%
- ROCE
- −3.1%
- Peers 22.1%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹0.60
- OPM (TTM)
- −130.7%
- Net margin 48.7%
- Sales growth
- −18.4%
- Latest quarter vs a year ago
- Profit growth
- +138.0%
- Latest quarter vs a year ago
- Price to sales
- 20.37
- EV/EBITDA −9.5
Strengths and risks
Strengths
- Quarterly profit up 138.0% on a year ago.
Risks to check
- Return on equity is low at 0.5%.
- Quarterly sales down 18.4% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 39.1 against an industry P/E of 18.4.
- 54% below its 52-week high.
About TCFC Finance
TCFC Finance Limited operates as a non-banking finance company primarily in India. It engages in the finance and investment businesses, as well as the trading of equity shares, mutual funds, debt instruments, listed and unlisted, securities, etc. The company was incorporated in 1990 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 8
- Sector
- Financial Services
- ISIN
- INE389D01013
- Website
- tcfcfinance.com
Price range
- Avg volume (3M)
- 2.1K
- 1-year return
- minus 50.2%
- From 52-week high
- minus 54.5%
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% |
| TCFCFINQTCFC Finance | 23.47 | minus 2.61% | 25 | 39.1 | 0.21 | −3.1% | 0.5% | −130.7% | −13.9% | – | 0.00% | minus 50.2% |
| 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 | 0.5 | 0.5 | 0.4 | 0.4 | |
| −5.7 | 2.7 | −0.6 | 8.7 | −6.6 | |
| 6.3 | −2.1 | 1 | −8.3 | 7 | |
| 1160.7% | −389.0% | 223.6% | −2054.7% | 1590.3% | |
| −0 | 0 | −0 | 0.1 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 6.2 | −2.2 | 0.9 | −8.3 | 7 | |
| 71.9% | 192.2% | 105.6% | 33.6% | 40.6% | |
| 1.7 | 2 | −0.1 | −5.5 | 4.1 | |
| 1.66 | 2.04 | -0.05 | -5.56 | 4.17 |
Profit & loss
- Sales CAGR 3Y
- −13.9%
- ROE
- 0.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.2 | 5.6 | 3.3 | 3.3 | |
| – | +8.9% | minus 40.5% | minus 1.5% | |
| 4.3 | −10.5 | 1.9 | 6.4 | |
| 0.9 | 16.1 | 1.5 | −3.1 | |
| 17.4% | 286.4% | 44.3% | −94.2% | |
| 0.1 | 0.1 | −0 | 0 | |
| 0 | 0 | 0.1 | 0.3 | |
| – | −0.1 | 0 | – | |
| 0.9 | 16.1 | 1.4 | −3.4 | |
| 36.1% | 23.7% | 12.5% | 46.9% | |
| 0.6 | 12.3 | 1.2 | −1.8 | |
| – | +1947.1% | minus 90.1% | minus 249.2% | |
| 0.60 | 12.35 | 1.22 | -1.82 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.5 | 10.5 | 10.5 | 10.5 | |
| 86.9 | 99.2 | 98.5 | 96.7 | |
| 0 | – | 0.1 | 1.1 | |
| 4.4 | 5.3 | 4.3 | 1.8 | |
| 102 | 115 | 113 | 110 | |
| 0.1 | 0.1 | 1 | 0.7 | |
| 19.2 | 27.6 | 23.5 | 17.3 | |
| 0.1 | 0.2 | 0.1 | 0.5 | |
| 82.5 | 87.1 | 88.8 | 91.7 | |
| 102 | 115 | 113 | 110 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | −2.3 | 0.1 | −1.6 | |
| 1.3 | 2.4 | 1.7 | 1.9 | |
| −1.3 | – | −1.9 | – | |
| −0.1 | 0.1 | −0.1 | 0.4 | |
| −0 | −0 | −1 | −0 | |
| −0.1 | −2.3 | −0.9 | −1.6 | |
| −1.3 | – | −1.9 | – |
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.