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IndoStar Capital Finance Limited
(INDOSTAR)
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Rating:47Neutral
Price Target:
₹251.00
▼(-3.59% Downside)
Action:Reiterated
Date:08/29/26
The score is held back primarily by weak and inconsistent cash generation and historically elevated leverage/financial comparability concerns, despite improved reported profitability. Technical signals are broadly neutral, offering limited support, while valuation is penalized by an uninformative negative P/E and no dividend yield data.
Positive Factors
Sustained Profitability
A multi-year return to positive net income provides a stronger base for capital retention and portfolio growth. Sustained profitability also indicates that the lending model can generate earnings beyond a single favorable reporting period.
Negative Factors
Weak Cash Conversion
Repeated negative operating cash flow and deteriorating free cash flow indicate that reported earnings are not consistently converting into usable liquidity. This can increase dependence on refinancing and external funding during periods of portfolio growth or stress.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Profitability
A multi-year return to positive net income provides a stronger base for capital retention and portfolio growth. Sustained profitability also indicates that the lending model can generate earnings beyond a single favorable reporting period.
Read all positive factors
IndoStar Capital Finance Limited (INDOSTAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹41.83B
Dividend Yield1.08%
Average Volume (3M)7.55K
Price to Earnings (P/E)―
Beta (1Y)1.53
Revenue Growth-1.90%
EPS Growth-151.41%
CountryIN
Employees4,304
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)-24.18
Shares Outstanding161,655,410
10 Day Avg. Volume4,606
30 Day Avg. Volume7,552
Financial Highlights & Ratios
PEG Ratio1.44
Price to Book (P/B)0.72
Price to Sales (P/S)1.97
P/FCF Ratio-184.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)10
Revenue Forecast (FY)₹9.75B
IndoStar Capital Finance Limited Business Overview & Revenue Model
Company Description
IndoStar Capital Finance Limited, a non-banking financial company, provides various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. The company offers vehicle finance services, including lo...
How the Company Makes Money
IndoStar makes money primarily by lending: it raises funds (e.g., from banks/financial institutions and capital markets) and deploys those funds as loans to customers, earning interest income on its loan portfolio. Its core revenue stream is net i...
IndoStar Capital Finance Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
58
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.17B | 13.94B | 12.72B | 9.26B | 10.86B | 10.94B |
| Gross Profit | 7.95B | 7.44B | 6.67B | 4.23B | 3.83B | 5.50B |
| EBITDA | 3.29B | 3.28B | 4.63B | 3.57B | 3.49B | -6.99B |
| Net Income | -3.94B | 1.40B | 1.21B | 1.16B | 2.25B | -7.37B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 95.17B | 132.56B | 111.21B | 91.22B | 96.61B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 3.10B | 9.02B | 14.44B | 10.75B | 4.36B |
| Total Debt | 0.00 | 54.77B | 69.16B | 75.72B | 56.48B | 62.23B |
| Total Liabilities | -37.83B | 57.34B | 96.20B | 78.85B | 60.11B | 67.32B |
| Stockholders Equity | 37.83B | 37.83B | 36.35B | 32.35B | 31.12B | 29.29B |
Cash Flow | ||||||
| Free Cash Flow | -9.98B | -148.70M | -10.83B | -22.22B | 8.80B | -16.00B |
| Operating Cash Flow | -9.89B | -61.80M | -10.61B | -22.08B | 8.99B | -15.64B |
| Investing Cash Flow | 22.59B | 12.76B | -3.05B | 6.83B | -2.59B | 11.65B |
| Financing Cash Flow | -13.30B | -13.30B | 10.70B | 19.59B | -5.40B | 2.00B |
IndoStar Capital Finance Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹67.30B | 26.72 | ― | 0.14% | 22.60% | 21.00% | |
61 Neutral | ₹48.58B | 11.12 | ― | ― | 20.51% | 38.53% | |
59 Neutral | ₹53.70B | 13.58 | ― | 0.68% | 23.25% | 21.56% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹35.01B | 34.97 | ― | ― | 5.19% | ― | |
53 Neutral | ₹13.28B | 5.80 | ― | 3.06% | 35.80% | -5.33% | |
47 Neutral | ₹41.83B | -10.61 | ― | 1.08% | -1.90% | -151.41% |
* General Sector Average
IN:INDOSTAR
IndoStar Capital Finance Limited
258.75
-13.50
-4.96%
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IN:NORTHARC
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IN:PAISALO
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IN:UGROCAP
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IndoStar Capital Finance Limited Corporate Events
IndoStar to Hold Seventeenth AGM via Video Conferencing on September 25
Aug 28, 2026
IndoStar Capital Finance Limited has announced that its seventeenth annual general meeting will be held on September 25, 2026, at 11:00 a.m. IST through video conferencing or other audio-visual means, in line with Ministry of Corporate Affairs and...
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.