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As of 6 Nov 2026, TSF INVESTMENTS trades at 18.5× trailing earnings, below the industry P/E of 25.9×, and the shares are 32% below their 52-week high. It earns ROCE of 3.2% and ROE of 9.0%, and sales and net profit grew 127% and 30% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. It has almost no debt, and its dividend yield is 2.8%. It is a small-cap company with a market cap of ₹8,939 Cr, ranked 17th of 69 Asset Management companies by market cap; the shares fell 33% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹406.60
Day high
₹407.10
Day low
₹400.20
Prev. close
₹406.60
Volume
39K

Health check

1 good · 1 fair · 3 to check
  • ReturnsBehind

    −32.5% 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.

  • GrowthStrong

    Sales +127.0%, profit +30.0% a year over 3 years.

  • ProfitabilityWeak

    ROCE 3.2% vs peer median 38.5%.

  • Balance sheetFair

    Practically debt-free, Piotroski 5 of 9.

  • Red flags3 to check

    Quarterly profit down 22.2% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Asset Management

68 listed peers. Screen the industry

Small cap

₹8,939 Cr, #17 of 69 in its industry by size.

Defensive

Beta 0.48 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,112 Cr · profit ₹495 Cr
Market cap
₹8,939 Cr
Small cap
P/E
18.5
Industry 25.9
Price to book
1.49
Peers 13.19
Dividend yield
2.75%
ROE
9.0%
Peers 35.3%
ROCE
3.2%
Peers 38.5%
Debt to equity
0.04
Debt ₹235 Cr
EPS (TTM)
₹21.91
Face value ₹5
OPM (TTM)
22.8%
Net margin 44.6%
Sales growth
+79.6%
Latest quarter vs a year ago
Profit growth
−22.2%
Latest quarter vs a year ago
Price to sales
8.04
EV/EBITDA 33.8

Strengths and risks

Strengths

  • Practically debt-free.
  • Dividend yield of 2.75%.
  • Quarterly sales up 79.6% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Quarterly profit down 22.2% on a year ago.
  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.
  • 32% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About TSF INVESTMENTS

TSF Investments Limited, together with its subsidiaries, invests in the auto component sector in India and internationally. It operates through Investments, Shared Services – Domestic, Shared Services – Overseas, Manufacturing, and Other segments. The company offers axle housings for medium and heavy commercial vehicles; and forged components for the automobile industry. It also provides outsourcing support services to large and mid-sized firms. The…

Headquarters
Chennai
Employees
13
Sector
Financial Services
ISIN
INE202Z01029

Price range

52 weeks

₹331.70₹596.00

Today

₹400.20₹407.10
Avg volume (3M)
73.1K
1-year return
minus 32.5%
From 52-week high
minus 32.0%

Peers · Asset Management

Company
JIOFINJio Financial Services231.20plus 0.69%1,58,44587.91.191.7%1.3%75.8%431.5%268.2%0.26%minus 23.9%
ICICIAMCICICI Prudential Asset Management Company2,935.80minus 1.45%1,45,10441.127.1698.3%76.2%74.1%28.9%29.6%1.44%plus 13.5%
BAJAJHLDNGBajaj Holdings & Investment11,044.00plus 1.80%1,22,91313.21.67–11.6%78.8%19.0%25.7%1.18%minus 10.3%
HDFCAMCHDFC Asset Management Company2,649.80plus 0.37%1,13,70138.313.1938.5%36.4%81.4%23.9%26.2%2.04%minus 2.3%
SBIFUNDSSBI Funds Management499.55minus 1.30%1,01,75033.313.47–40.4%78.5%––0.00%minus 18.1%
NAM-INDIANippon Life India Asset Management1,065.20minus 0.37%68,17742.814.2940.0%35.3%67.3%26.1%28.3%2.07%plus 21.3%
360ONE360 ONE WAM1,145.00plus 0.36%49,10738.74.5013.5%12.7%47.3%24.0%22.7%1.18%plus 5.7%
TSFINVTSF INVESTMENTS405.05minus 0.38%8,93918.51.493.2%9.0%22.8%127.0%30.0%2.75%minus 32.5%
Median of 7 peers–0.36%1,13,70138.713.1938.5%35.3%75.8%25.0%27.2%1.18%−2.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
148240227267266
101190179209194
46.850.548.557.371.3
31.7%21.0%21.4%21.5%26.8%
2.24.52.49.50.7
4.86.66.86.96.5
3.24.34.34.34
41.144.139.855.561.4
48.3%36.0%37.4%8.9%45.9%
157100103161122
7.084.524.647.255.50

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+127.0%
Profit CAGR 3Y
+30.0%
EPS CAGR 3Y
+30.0%
ROE
9.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
73.780.891.4862
–+9.6%+13.1%+843.2%
26.4−162−24.4659
47.3243116203
64.2%300.8%126.7%23.6%
2.265.116.3
0.41.21.125.2
1.62.9316
−0.7−0.10.32.2
46.7245117180
32.5%21.5%34.1%30.7%
238533412522
–+124.4%minus 22.7%+26.6%
10.7024.0018.5523.49

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
111111111111
3,4594,6825,4965,922
18.317.916.1235
46.3137214480
3,6354,9485,8376,748
20.318.925.6237
–––0.8
1,3812,1553,0082,967
16.218214.8139
2,2172,5922,7883,404
3,6354,9485,8376,748

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
100132188266
−25.2136−148−159
−72.9−103−211−50.2
2.1165−17156.9
−18.3−0.2−0.9−8.8
82131187257
−72.2−99.9−209−198

Shareholding pattern

Source: NSE filings
55.0%
promoters
  • Promoters54.99%
  • Public44.37%
  • Employee trusts0.64%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202654.99%44.37%0.00
30 Jun 202654.99%44.37%0.00
31 Mar 202654.99%44.37%minus 0.02
31 Dec 202555.01%44.35%plus 0.04
30 Sep 202554.97%44.40%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you