ZSARACOM share price, P/E, ROE & financials

As of 6 Nov 2026, Saraswati Commercial India trades at 7.5× trailing earnings, below the industry P/E of 25.9×, and the shares are 28% below their 52-week high. It earns ROCE of 9.5% and ROE of 8.9%, and sales and net profit grew 18% and 99% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹1,052 Cr, ranked 27th of 69 Asset Management companies by market cap; the shares fell 27% 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: ₹10,700.00
Day high: ₹10,700.00
Day low: ₹9,454.00
Prev. close: ₹10,000.00
Volume: 74

Health check

2 good · 2 fair · 2 to check

ReturnsBehind
−26.6% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 7.5 vs industry 25.9.
GrowthSteady
Sales +18.4%, profit +99.1% a year over 3 years.
ProfitabilityWeak
ROCE 9.5% vs peer median 38.5%.
Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
Red flagsNone found
No warning signs in the headline numbers.

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

Asset Management

68 listed peers. Screen the industry

Small cap

₹1,052 Cr, #27 of 69 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹165 Cr · profit ₹132 Cr

Market cap: ₹1,052 Cr; Small cap
P/E: 7.5; Industry 25.9
Price to book: 0.95; Peers 13.19
Dividend yield: 0.00%
ROE: 8.9%; Peers 35.3%
ROCE: 9.5%; Peers 38.5%
Debt to equity: 0.00; Debt ₹0.12 Cr
EPS (TTM): ₹1,279.67; Face value ₹10
OPM (TTM): 1283.6%; Net margin 80.1%
Sales growth: +76.7%; Latest quarter vs a year ago
Profit growth: +169.5%; Latest quarter vs a year ago
Price to sales: 6.37; EV/EBITDA 6.6

Strengths

Practically debt-free.
Quarterly profit up 169.5% on a year ago.
Quarterly sales up 76.7% on a year ago.
Net margin of 80.1%.
P/E of 7.5 against an industry P/E of 25.9.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Saraswati Commercial India

Saraswati Commercial (India) Limited, a non-banking financial company, engages in the business of investment and trading in shares and securities, and lending activities in India. Saraswati Commercial (India) Limited was incorporated in 1983 and is based in Mumbai, India.

Headquarters: Mumbai
Employees: 8
Sector: Financial Services
ISIN: INE967G01019
Website: saraswaticommercial.com

Price range

52 weeks

₹8,750.00₹13,418.00

Today

₹9,454.00₹10,700.00

Avg volume (3M): 40
1-year return: minus 26.6%
From 52-week high: minus 28.5%

Peers · Asset Management

Compare with peers Screen the whole industry

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%
ZSARACOMSaraswati Commercial India	9,595.00	minus 4.05%	1,052	7.5	0.95	9.5%	8.9%	1283.6%	18.4%	99.1%	0.00%	minus 26.6%
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

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
1.3	6.1	1.7	2.5	2.3
−28.4	−66.4	−29.6	20.6	−72.1
29.7	72.5	31.3	−18.1	74.4
2327.4%	1192.0%	1891.4%	−728.7%	3302.2%
0	0	0	0	0
0.5	0.7	1.3	0.6	0
0	0	0	0	0
29.2	71.8	30	−18.7	74.3
19.2%	16.0%	17.6%	12.6%	14.5%
23.6	60.3	24.7	−16.3	63.6
258.79	615.32	233.24	-148.86	579.97

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +18.4%
Profit CAGR 3Y: +99.1%
EPS CAGR 3Y: +95.0%
ROE: 8.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
43.3	6.1	74.7	72
–	minus 86.0%	+1129.0%	minus 3.6%
22.5	−119	4.2	−43.8
20.9	125	70.4	116
48.2%	2058.9%	94.3%	160.9%
0	0.1	−0	0
1.8	1.7	1.6	3
0	0	0	0
–	–	–	−0.5
19.1	123	68.8	112
38.7%	15.8%	22.4%	17.8%
11.7	104	53.4	92.3
–	+789.0%	minus 48.6%	+72.8%
113.48	1008.85	517.51	842.32

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1	1	1.1	1.1
437	696	966	1,100
22.3	0	42.7	0.1
30	73.1	98.4	117
491	770	1,109	1,218
0	0	0	0
437	470	1,084	712
51.8	294	22.8	387
1.3	5.7	1.9	119
491	770	1,109	1,218

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
27	33	8.7	−114
−21.8	−6.7	−108	139
−6.9	−23.8	120	−45.4
−1.7	2.5	20.2	−20.8
–	−0	−0	−0
27	33	8.7	−114

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you