Indostar Capital Finance Ltd.
Snapshot View

350.35 +2.85 ▲0.8%

05 August 2021, 12:29:00 P.M.
Volume: 6,228

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.indostarcapital.com
Financial Indicators
Market Cap 4,301.87 Cr.
Earnings per share (EPS) -17.29 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 119.16 Trailing Twelve Months Ending 2021-03
Book Value / Share 297.77 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.17 Calculated using Price: 347.50
Dividend Yield 0.29 Period Ending 2020-03
No. of Shares Subscribed 12.38 Cr. 123,794,729 Shares
FaceValue 10
Company Profile

The company was incorporated on July 21, 2009 as ‘R V Vyapaar Private Limited’, a private limited company under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, West Bengal. For business and commercial reasons, the name of company was subsequently changed to ‘IndoStar Capital Finance Private Limited’ pursuant to a special resolution passed by the shareholders of company on November 8, 2010. A fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, West Bengal on November 15, 2010. Thereafter, company was converted into a public limited company under the Companies Act, 2013 pursuant to a special resolution passed by the shareholders of company on April 30, 2014. Consequently, the name of Company was changed to ‘IndoStar Capital Finance Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, West Bengal on May 28, 2014. Further, the registered office of company was changed from West Bengal to Maharashtra pursuant to a special resolution passed by the shareholders of company on February 16, 2015. Subsequently, an order dated August 25, 2015 was issued by Regional Director (Eastern Region), Ministry of Corporate Affairs, Kolkata confirming the change in the registered office of the company from the state of West Bengal to the state of Maharashtra and a certificate of registration of the order, dated September 8, 2015 was issued by the RoC.

IndoStar is a non-banking finance company ‘NBFC’ registered with the Reserve Bank of India as a systemically important non-deposit taking company. The company is professionally managed and institutionally owned organisation engaged in providing structured term financing solutions to corporates, used and new Vehicle Financing for transporters, Home Finance through our wholly-owned subsidiary IndoStar Home Finance Private Limited and loans to SME borrowers in India.  It has loans that suit the requirements so that your life takes-off.  It is committed to finding new ways to develop value-based and innovative financial solutions for its customers.

Business area of the company

The company operates four principal lines of business, namely corporate lending, SME lending, vehicle financing and housing financing. The company’s corporate lending business primarily consists of lending to mid-to-large sized corporates in manufacturing, services and infrastructure industries, by way of senior secured debt, structured financing, promoter financing and special situation funding and lending to real estate developers, mainly for financing project level construction of residential and commercial building projects and take-out of early-stage equity investors.

IndoStar Products

  • Corporate Lending
  • SME Finance
  • Vehicle Finance
  • Home Finance

Milestones

  • 2009: Incorporation of the company as 'R V Vyapaar Private Limited'.
  • 2010: Registered as a non-public deposit taking non-banking financial company with the RBI.
  • 2010: Change of name to 'IndoStar Capital Finance Private Limited'.
  • 2011: Received investment from Indostar Capital.
  • 2012: The company entered into its first loan facility agreement.
  • 2012: The company received external credit rating of CARE A1+ from CARE for its proposed commercial papers with a limit of Rs 500 million.
  • 2012: Issuance of NCDs worth Rs 2,000 million.
  • 2013: Incorporation of 'IndoStar Asset Advisory Private Limited'.
  • 2014: Conversion to public limited company.
  • 2015: Registered office shifted from Kolkata to Mumbai.
  • 2015: Launch of SME business and disbursement of first SME loan.
  • 2016: Launch of housing finance business and incorporation of 'IndoStar Home Finance Private Limited'.
  • 2016: Implementation of OmniFin.
  • 2017: Disbursement of first housing loan.
  • 2017: Launch of vehicle finance business and disbursement of first vehicle finance loan.
  • 2018: Opening of the 100th branch of the company.
  • 2018: The company reaches employee count of 1,000
  • 2020: Everstone Group inks agreement with Brookfield for investment in IndoStar Capital Finance

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.82%
1 Week
+4.10%
1 Month
+0.03%
3 Month
+15.25%
6 Month
+2.49%
1 Year
+39.28%
2 Year
+20.33%
5 Year
7 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 9.87 12.31 13.56 12.24 10.22 9.71 -11.73
Return on Capital Employed (%) 11.91 14.05 13.87 12.93 10.48 9.94 3.33
Return on Assets (%) 3.44 4.01 4.33 4.15 3.18 2.48 -2.98

Balance Sheet View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,136 1,285 1,542 1,903 2,075 3,006 2,681
Non Curr. Liab. 1,252 1,631 1,773 1,928 2,900 6,444 5,230
Curr. Liab. 874 1,253 1,368 1,641 2,156 2,833 1,597
Minority Int.
Equity & Liab. 3,262 4,170 4,683 5,472 7,131 12,283 9,508
Non Curr. Assets 2,209 2,495 3,103 4,005 5,970 10,743 8,230
Curr. Assets 1,053 1,675 1,580 1,467 1,161 1,539 1,278
Misc. Exp. not W/O
Total Assets 3,262 4,170 4,683 5,472 7,131 12,283 9,508

Profit Loss View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 395 528 644 719 789 1,206 1,528
Other Income 8 0 1 9 3 1
Total Income 403 528 644 720 798 1,209 1,529
Total Expenditure -41 -43 -61 -83 -156 -248 -1,142
PBIDT 362 485 583 637 643 961 387
Interest -192 -258 -289 -312 -326 -564 -794
Depreciation -1 -1 -1 -2 -5 -18 -30
Taxation -57 -77 -102 -112 -112 -138 112
Exceptional Items
PAT 112 149 192 211 200 241 -325

Cash Flow View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -383 -588 -543 -690 -547 -2,091 1,745
Cash Fr. Inv. 32 -226 317 -194 -842 260 -2,311
Cash Fr. Finan. 516 599 365 589 1,459 2,787 -350
Net Change 165 -215 139 -294 71 956 -916
Cash & Cash Eqvt 427 212 352 57 128 1,084 168

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 60.74 60.74 60.74 60.62 45.50 93.73 93.52 93.31 93.26
Public 39.26 39.26 39.26 39.38 54.50 6.27 6.48 6.69 6.74
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 Aug 2021
Board Meeting Intimation for Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
Indostar Capital Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve (i) The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30 June 2021;
(ii) Convening 12th Annual General Meeting of the Company to seek approval of shareholders inter-alia for issue of Non-Convertible Debentures for an amount not exceeding INR 5 000 crore on private placement basis during a year from the date of the approval of the shareholders.

Further as intimated vide our letter no. ICFL/LS/0084/2021-22 dated 30 June 2021 the trading window for dealing in the securities of the Company has been closed with effect from Thursday 01 July 2021 to Saturday 14 August 2021 (both days inclusive).

Request you to kindly take the above on record.
Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Allotment
Dear Sir/ Madam

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform that Debenture Committee of the Company vide Circular Resolution #7/2021-22 dated 30 July 2021 approved allotment of 1500 Series XLIV AA- Rated Unsecured Listed Redeemable Non-Convertible Debentures of face value of INR 10 lakh each for cash at par (Debentures) aggregating to INR 150 crore on Private Placement basis.

Request you to kindly take the above on your record
Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Indostar Capital Finance Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Wed, 04 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Making Higher Highs for 3 days Making Higher Highs for 3 days
CCI Trending Up CCI Trending Up

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