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Capital India Finance Ltd (IN:CIFL)
:CIFL
India Market
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Capital India Finance Ltd (CIFL) AI Stock Analysis

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IN:CIFL

Capital India Finance Ltd

(CIFL)

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Neutral 50 (OpenAI - Gpt-5.6Sol)
Rating:50Neutral
Price Target:
₹20.50
▼(-42.56% Downside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by improving reported profitability and strong FY2026 revenue growth, but is held back by persistent negative EBIT, meaningful leverage, and volatile/negative FY2026 operating and free cash flow. Technically, the stock is in a weak downtrend (below major moving averages with negative MACD), while valuation is somewhat supported by a high dividend yield alongside a moderate P/E.
Positive Factors
Strong FY2026 revenue growth
The sharp FY2026 revenue increase indicates stronger lending activity or improved product adoption. If sustained, greater scale can support operating leverage, diversify the loan book, and strengthen CIFL’s competitive position in India’s credit market.
Negative Factors
Persistently negative EBIT
Persistent operating losses indicate that core lending and servicing activities are not yet consistently covering operating costs. This weakens confidence in the durability of reported net income and leaves profitability vulnerable if growth moderates.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong FY2026 revenue growth
The sharp FY2026 revenue increase indicates stronger lending activity or improved product adoption. If sustained, greater scale can support operating leverage, diversify the loan book, and strengthen CIFL’s competitive position in India’s credit market.
Read all positive factors

Capital India Finance Ltd (CIFL) vs. iShares MSCI India ETF (INDA)

Capital India Finance Ltd Business Overview & Revenue Model

Company Description
Operating as a prominent non-banking financial company (NBFC) in India, Capital India Finance Limited offers a comprehensive suite of lending and foreign exchange services. Its extensive lending portfolio caters to small businesses with secured fi...
How the Company Makes Money
CIFL primarily makes money through its lending business. Its core revenue stream is interest income earned on loans and other credit facilities it extends to customers. Additional earnings can come from fees and charges linked to lending (such as ...

Capital India Finance Ltd Financial Statement Overview

Summary
Strong FY2026 revenue growth (+118.4%) and a meaningful return to positive net income (net margin ~7.3%) indicate improving momentum. However, EBIT remains negative across all years shown, leverage is still elevated (~1.43x debt-to-equity in FY2026), and cash conversion is a key risk with negative FY2026 operating and free cash flow despite positive earnings.
Income Statement
62
Positive
Balance Sheet
54
Neutral
Cash Flow
35
Negative
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue2.44B5.33B5.75B6.49B6.30B5.12B
Gross Profit340.11M1.57B944.62M1.01B742.28M1.98B
EBITDA171.56M683.75M253.02M352.95M-492.64M193.06M
Net Income442.30M388.91M15.48M116.48M-415.71M-27.68M
Balance Sheet
Total Assets16.01B18.46B18.53B18.01B17.95B16.26B
Cash, Cash Equivalents and Short-Term Investments2.88B3.17B3.19B3.12B3.46B3.45B
Total Debt7.00B9.61B9.96B8.99B9.24B7.64B
Total Liabilities9.07B11.55B11.99B11.41B11.39B9.32B
Stockholders Equity6.71B6.73B6.28B6.23B6.06B6.21B
Cash Flow
Free Cash Flow-132.06M-272.16M21.22M990.28M-742.88M-3.49B
Operating Cash Flow-74.35M-217.60M125.29M1.21B-231.23M-3.13B
Investing Cash Flow1.08B-1.34B-608.12M13.74M-161.15M-1.10B
Financing Cash Flow-330.93M2.26B-267.48M-1.24B802.59M4.80B

Capital India Finance Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price35.69
Price Trends
50DMA
21.37
Negative
100DMA
23.84
Negative
200DMA
27.71
Negative
Market Momentum
MACD
-0.39
Positive
RSI
36.63
Neutral
STOCH
13.32
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CIFL, the sentiment is Negative. The current price of 35.69 is above the 20-day moving average (MA) of 20.81, above the 50-day MA of 21.37, and above the 200-day MA of 27.71, indicating a bearish trend. The MACD of -0.39 indicates Positive momentum. The RSI at 36.63 is Neutral, neither overbought nor oversold. The STOCH value of 13.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CIFL.

Capital India Finance Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
₹24.29B5.8920.59%225.35%
59
Neutral
₹21.76B18.710.33%<0.01%1773.87%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
₹35.01B34.975.19%
53
Neutral
₹13.28B5.803.06%35.80%-5.33%
50
Neutral
₹7.87B20.620.10%-11.20%12093.83%
30
Underperform
₹21.27B-5.65-46.58%78.01%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:CIFL
Capital India Finance Ltd
19.99
-14.66
-42.31%
IN:ARMANFIN
Arman Financial Services Limited
2,032.25
590.40
40.95%
IN:MUTHOOTMF
Muthoot Microfin Ltd
198.15
31.00
18.55%
IN:SATIN
Satin Creditcare Network Ltd
217.25
71.80
49.36%
IN:SPANDANA
Spandana Sphoorty Financial Ltd.
238.55
-22.45
-8.60%
IN:UGROCAP
Ugro Capital Limited
85.33
-93.62
-52.32%

Capital India Finance Ltd Corporate Events

Capital India Finance Publishes Q1 FY27 Unaudited Results in Newspapers
Aug 15, 2026
Capital India Finance Ltd has published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and has complied with regulatory requirements by advertising these results in leading Hindi and English newspa...
Capital India Finance Sets Virtual 32nd AGM With E-Voting Framework
Aug 15, 2026
Capital India Finance Limited has announced that its 32nd Annual General Meeting will be held on September 7, 2026, via video conferencing and other audio-visual means, in line with regulatory guidance allowing virtual shareholder meetings. Physic...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 24, 2026