Niche lending specialization and digital origination separate winners from commodity lenders.
| Company | M.Cap | Price | P/E | P/B | ROE | ROCE | D/E | Div Yield | 1Y Return |
|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finance Ltd | ₹5,72,599 Cr | ₹920 | 26.4 | 4.7 | 18.4% | —% | 3.8 | 0.6% | -6.49% |
| Shriram Finance Ltd | ₹1,93,765 Cr | ₹823.45 | 13.7 | 1.7 | 16.4% | —% | 3.8 | 1.3% | -4.33% |
| BSE Limited | — | — | — | — | 44.8% | —% | 0.0 | — | +52.09% |
| Jio Financial Services Ltd | ₹1,34,447 Cr | ₹203.61 | 77.4 | 1.1 | 1.2% | —% | 0.2 | 0.3% | -23.63% |
| Tata Capital Ltd | ₹1,25,932 Cr | ₹298.65 | 23.4 | 2.8 | 12.4% | —% | 5.2 | 0.2% | -9.78% |
| Bajaj Holdings & Investment Ltd | ₹1,19,818 Cr | — | 13.5 | 1.6 | 14.4% | —% | 0.0 | 1.2% | +0.70% |
| Billionbrains Garage Ventures Ltd | ₹1,16,195 Cr | — | 43.7 | 12.0 | 28.8% | —% | 0.0 | 0.0% | +13.9% |
| Muthoot Finance Ltd | — | — | — | — | 31.0% | —% | 3.9 | — | -32.97% |
| HDFC Asset Management Company Ltd | ₹98,944 Cr | — | 33.3 | 11.5 | 32.9% | —% | 0.0 | 2.4% | -9.73% |
| REC Ltd | ₹82,947 Cr | ₹294.85 | 4.9 | 0.9 | 20.1% | —% | 6.1 | 4.6% | -17.16% |
| Multi Commodity Exchange of India Ltd | ₹82,269 Cr | — | 69.6 | 20.1 | 56.3% | —% | 0.0 | 0.3% | +37.79% |
| L&T Finance Ltd | ₹58,913 Cr | ₹235.05 | 17.3 | 2.0 | 11.1% | —% | 3.9 | 1.2% | -10.24% |
| Nippon Life India Asset Management Ltd | ₹58,820 Cr | ₹919 | 37.0 | 12.3 | 34.5% | —% | 0.0 | 2.3% | +20.75% |
| Motilal Oswal Financial Services Ltd | ₹56,261 Cr | ₹933.05 | 28.9 | 4.4 | 15.6% | —% | 1.7 | 0.6% | +24.37% |
| Piramal Finance Ltd | — | — | — | — | 5.5% | —% | 2.8 | — | +7.36% |
| Sundaram Finance Ltd | ₹46,623 Cr | — | 21.0 | 3.2 | 14.7% | —% | 4.7 | 1.0% | -16.26% |
| 360 ONE WAM LTD | ₹41,961 Cr | ₹978.4 | 33.1 | 3.9 | 14.4% | —% | 1.6 | 1.4% | -3.92% |
| Authum Investment & Infrastructure Ltd | ₹41,485 Cr | ₹488.5 | 19.7 | 2.8 | 13.1% | —% | 0.2 | 0.0% | -0.59% |
| HDB Financial Services Ltd | ₹41,344 Cr | ₹498.8 | 14.0 | 1.9 | 13.9% | —% | 4.8 | 0.8% | -20.05% |
| Mahindra & Mahindra Financial Services Limited | ₹38,194 Cr | ₹274.85 | 10.6 | 1.4 | 11.9% | —% | 4.8 | 2.7% | -7.45% |
| Poonawalla Fincorp Ltd | ₹35,669 Cr | ₹405.05 | 31.7 | 2.6 | 5.9% | —% | 4.7 | 0.0% | -3.66% |
| Anand Rathi Wealth Ltd | ₹35,317 Cr | — | 78.4 | 27.4 | 47.5% | —% | 0.1 | 0.3% | -30.41% |
| Nuvama Wealth Management Ltd | — | — | — | — | 27.3% | —% | 2.8 | — | +28.39% |
| CRISIL Ltd | — | — | — | — | 27.4% | —% | 0.1 | — | -6.23% |
| Indian Renewable Energy Development Agency Ltd | ₹28,755 Cr | — | 14.6 | 2.0 | 15.6% | —% | 5.7 | 1.5% | -25.91% |
| Tata Investment Corporation Ltd | ₹28,207 Cr | ₹557.5 | 94.8 | 1.0 | 1.4% | —% | 0.0 | 0.6% | -7.02% |
| Aditya Birla Sun Life AMC Ltd | — | — | — | — | 25.1% | —% | 0.0 | — | +23.69% |
| Manappuram Finance Ltd | ₹26,912 Cr | ₹286.5 | 17.6 | 1.7 | 7.0% | —% | 3.6 | 1.4% | +2.10% |
| Central Depository Services (India) Limited | ₹26,557 Cr | — | 56.4 | 13.6 | 24.5% | —% | 0.0 | 1.1% | -20.0% |
| Cholamandalam Financial Holdings Ltd | — | — | — | — | 39.2% | —% | 13.6 | — | -23.01% |
| Angel One Ltd | ₹25,856 Cr | ₹282.7 | 22.9 | 3.9 | 15.6% | —% | 1.3 | 2.3% | +17.8% |
| IIFL Finance Ltd | ₹22,595 Cr | ₹529.4 | 8.8 | 1.5 | 13.8% | —% | 5.0 | 0.8% | -7.18% |
| Capri Global Capital Ltd | ₹22,447 Cr | ₹233.3 | 20.0 | 3.1 | 16.5% | —% | 3.4 | 0.1% | +36.5% |
| CreditAccess Grameen Ltd | — | — | — | — | 10.5% | —% | 3.0 | — | -2.83% |
| IFCI Ltd | ₹16,481 Cr | — | 95.6 | 1.8 | 4.9% | —% | 0.4 | 0.0% | +8.98% |
| Choice International Ltd | ₹15,580 Cr | ₹699.35 | 60.9 | 8.3 | 17.6% | —% | 0.5 | 0.0% | -10.63% |
| National Securities Depository Ltd | — | — | — | — | 17.4% | —% | 0.0 | — | -19.34% |
| Prudent Corporate Advisory Services Ltd | ₹13,282 Cr | — | 54.2 | 15.1 | 28.6% | —% | 0.0 | 0.1% | +32.22% |
| IIFL Capital Services Ltd | ₹10,632 Cr | ₹337.15 | 19.4 | 3.4 | 20.2% | —% | 0.6 | 0.9% | -6.58% |
| JM Financial Ltd-$ | ₹10,445 Cr | — | 10.0 | 1.0 | 11.8% | —% | 1.1 | 1.7% | -21.42% |
| UTI Asset Management Company Ltd | ₹10,351 Cr | ₹805.3 | 22.5 | 2.3 | 10.4% | —% | 0.0 | 5.0% | -17.19% |
| Indian Energy Exchange Ltd | — | — | — | — | 39.4% | —% | 0.0 | — | -25.18% |
| SBFC Finance Ltd | ₹8,903 Cr | — | 18.5 | 2.4 | 13.0% | —% | 1.9 | 0.0% | -21.37% |
| TSF INVESTMENTS LIMITED | ₹8,376 Cr | ₹379.55 | 17.3 | 1.4 | 9.1% | —% | 0.0 | 2.9% | -33.56% |
| Indus Infra Trust | — | — | — | — | 7.9% | —% | 1.0 | — | +16.65% |
| Paisalo Digital Ltd | — | — | — | — | 14.4% | —% | 2.4 | — | +129.13% |
| Tourism Finance Corporation of India Ltd | ₹6,943 Cr | — | 45.0 | 5.3 | 9.8% | —% | 0.8 | 0.4% | +104.66% |
| Fedbank Financial Services Ltd | — | — | — | — | 14.8% | —% | 4.7 | — | -11.63% |
| OnEMI Technology Solutions Ltd | ₹5,442 Cr | ₹305.55 | 16.1 | 2.7 | 24.0% | —% | 1.8 | 0.0% | 0.00% |
| CARE Ratings Ltd | — | — | — | — | 20.0% | —% | 0.0 | — | -1.23% |
| Pilani Investment and Industries Corporation Ltd | — | — | — | — | 0.2% | —% | 0.2 | — | -17.2% |
| MAS Financial Services Ltd | ₹4,456 Cr | ₹245.55 | 11.3 | 1.5 | 13.5% | —% | 3.5 | 0.8% | -20.8% |
| Share India Securities Ltd | — | — | — | — | 13.0% | —% | 0.3 | — | +29.32% |
| ICRA Ltd | — | — | — | — | 16.4% | —% | 0.0 | — | -27.71% |
| SG Finserve Ltd | ₹4,122 Cr | ₹625.5 | 21.5 | 2.6 | 14.0% | —% | 2.7 | 0.0% | +54.69% |
| Canara Robeco Asset Management Company Ltd | ₹4,030 Cr | ₹202.09 | 17.6 | 4.8 | 30.2% | —% | 0.0 | 2.2% | -28.48% |
| Northern Arc Capital Ltd | ₹3,988 Cr | ₹246.5 | 9.1 | 1.0 | 11.0% | —% | 3.2 | 0.0% | -7.12% |
| Aye Finance Ltd | — | — | — | — | 9.2% | —% | 2.0 | — | +25.46% |
| Indostar Capital Finance Ltd | ₹2,781 Cr | ₹172 | — | 0.7 | 3.8% | —% | 1.5 | 0.0% | -23.86% |
| Nalwa Sons Investments Ltd | ₹2,707 Cr | — | 47.3 | 0.2 | 0.4% | —% | 0.0 | 0.0% | -15.27% |
| Mufin Green Finance Ltd | ₹2,686 Cr | — | 65.5 | 4.2 | 6.6% | —% | 2.4 | 0.0% | +14.24% |
| Ashika Global Securities Limited | ₹2,679 Cr | ₹362.5 | 30.1 | 1.4 | 5.5% | —% | 0.2 | 0.1% | 0.00% |
| Muthoot Microfin Ltd | — | — | — | — | 6.2% | —% | 3.4 | — | -12.66% |
| Monarch Dyestuff industries & Exports Ltd | ₹2,578 Cr | ₹325.2 | 14.3 | 2.7 | 20.5% | —% | 0.0 | 0.3% | +16.68% |
| Satin Creditcare Network Ltd | ₹2,370 Cr | ₹215.45 | 5.8 | 0.8 | 12.3% | —% | 3.8 | 0.0% | +46.59% |
| Fusion Finance Ltd | — | — | — | — | 0.7% | —% | 2.3 | — | -16.63% |
| SMC Global Securities Ltd | ₹2,233 Cr | — | 20.9 | 1.6 | 8.2% | —% | 1.6 | 1.2% | +30.58% |
| Gaja Alternative Asset Management Limited | — | — | — | — | 16.5% | —% | 0.1 | — | — |
| Kalyani Investment Company Ltd | ₹2,096 Cr | — | 51.6 | 0.2 | 0.4% | —% | 0.0 | 0.2% | +1.04% |
| Algoquant Fintech Ltd | — | — | — | — | 28.1% | —% | 0.3 | — | +5.91% |
| EL CID Investments Ltd | — | — | — | — | 1.2% | —% | 0.0 | — | -22.11% |
| Geojit Financial Services Ltd | ₹2,007 Cr | — | 27.7 | 1.7 | 7.1% | —% | 0.1 | 2.2% | +5.78% |
| Arman Financial Services Ltd | ₹1,830 Cr | — | 15.8 | 2.0 | 6.3% | —% | 1.9 | 0.0% | +2.83% |
| Gretex Corporate Services Ltd | ₹1,811 Cr | ₹724.05 | 46.9 | 10.3 | 15.4% | —% | 0.1 | 0.1% | +106.72% |
| PTC India Financial Services Ltd | — | — | — | — | 10.9% | —% | 0.6 | — | -15.02% |
| Spandana Sphoorty Financial Ltd | ₹1,559 Cr | ₹175.88 | — | 0.7 | -29.4% | —% | 1.9 | 0.0% | -10.44% |
| 5paisa Capital Ltd | ₹1,476 Cr | ₹314.8 | 27.5 | 1.3 | 7.0% | —% | 0.6 | 0.0% | +0.98% |
| BF Investment Ltd | ₹1,434 Cr | ₹380.7 | 3.7 | 0.2 | 3.7% | —% | 0.0 | 2.6% | +15.49% |
| Summit Securities Ltd | ₹1,412 Cr | ₹1,290.3 | 11.8 | 0.2 | 1.1% | —% | 0.0 | 0.0% | -26.37% |
| Gyftr Ltd | ₹1,259 Cr | — | 51.2 | 2.6 | 5.3% | —% | 0.0 | 0.0% | +58.71% |
| Ugro Capital Ltd | ₹1,184 Cr | — | 5.5 | 0.4 | 7.1% | —% | 3.7 | 0.0% | -48.65% |
| AK Capital Services Ltd | — | — | — | — | 11.3% | —% | 3.0 | — | +43.25% |
| Vardhman Holdings Ltd | ₹1,148 Cr | — | 4.6 | 0.3 | 5.9% | —% | 0.0 | 0.2% | +3.39% |
| Fedders Holding Ltd | — | — | — | — | 13.5% | —% | 0.1 | — | +11.78% |
| Saraswati Commercial India Ltd | — | — | — | — | 8.9% | —% | 0.0 | — | -20.98% |
| Jindal Photo Ltd | ₹1,122 Cr | ₹1,090 | — | 1.1 | -2.3% | —% | 0.1 | 0.0% | -28.18% |
| Systematix Corporate Services Ltd | — | — | — | — | 4.6% | —% | 0.1 | — | -30.02% |
| Industrial & Prudential Investment Company Ltd | — | — | — | — | 7.7% | —% | 0.0 | — | -2.40% |
| Arihant Capital Markets Ltd | ₹1,050 Cr | — | 26.0 | 2.2 | 7.5% | —% | 0.5 | 0.6% | +27.36% |
| Abans Financial Services Ltd | ₹1,029 Cr | — | 7.6 | 0.8 | 9.0% | —% | 0.6 | 0.0% | +0.07% |
| Dolat Algotech Ltd | ₹1,021 Cr | — | 7.1 | 0.9 | 12.1% | —% | 0.3 | 0.2% | -28.18% |
| Spandana Sphoorty Financial Ltd | — | — | — | — | -29.4% | —% | 1.9 | — | 0.00% |
| DAM Capital Advisors Ltd | ₹941 Cr | — | 13.0 | 2.5 | 24.5% | —% | 0.0 | 0.8% | -27.07% |
| Master Trust Ltd | — | — | — | — | 17.3% | —% | 0.3 | — | -23.22% |
| Prime Securities Ltd | ₹917 Cr | ₹269.9 | 171.9 | 2.9 | 5.6% | —% | 0.0 | 0.6% | +8.32% |
| Jindal Poly Investment and Finance Company Ltd | ₹912 Cr | ₹867.45 | 1.1 | 0.6 | 54.8% | —% | 0.0 | 0.0% | -3.54% |
| Finkurve Financial Services Ltd | — | — | — | — | 9.4% | —% | 2.5 | — | -27.21% |
| STEL Holdings Ltd | ₹904 Cr | ₹490 | 46.1 | 0.6 | 1.2% | —% | 0.0 | 0.0% | +31.72% |
| Dhunseri Ventures Ltd-$ | ₹903 Cr | ₹257.9 | 4.8 | 0.3 | 2.7% | —% | 0.3 | 1.9% | +3.03% |
| Wealth First Portfolio Managers Ltd | ₹890 Cr | ₹835.25 | 26.9 | 5.9 | 28.2% | —% | 0.0 | 1.1% | -6.14% |
| Hexa Tradex Ltd | ₹829 Cr | — | — | 0.2 | -0.2% | —% | 0.0 | 0.0% | -5.50% |
| Aryaman Financial Services Ltd | — | — | — | — | 26.4% | —% | 0.0 | — | -11.62% |
| Emkay Global Financial Services Ltd | ₹711 Cr | ₹254.75 | 37.0 | 1.8 | 4.4% | —% | 0.3 | 0.6% | +8.79% |
| Capital India Finance Ltd | — | — | — | — | 4.8% | —% | 1.4 | — | -38.05% |
| Manba Finance Ltd | ₹695 Cr | — | 14.3 | 1.7 | 11.7% | —% | 3.8 | 0.9% | +1.93% |
| Aditya Birla Money Ltd-$ | ₹624 Cr | — | 11.4 | 1.9 | 21.8% | —% | 7.0 | 0.0% | -9.99% |
| VLS Finance Ltd | — | — | — | — | 1.0% | —% | 0.0 | — | -18.12% |
| SMT Engineering Ltd | — | — | — | — | 25.2% | —% | 0.7 | — | +1,306.55% |
| GFL Ltd | — | — | — | — | 1.8% | —% | 0.0 | — | -0.05% |
| Unifinz Capital India Ltd | — | — | — | — | 72.1% | —% | 1.7 | — | +5.25% |
| Kiran Vyapar Ltd | — | — | — | — | 0.1% | —% | 0.2 | — | -18.29% |
| Niyogin Fintech Ltd | — | — | — | — | 0.1% | —% | 0.7 | — | -0.70% |
| Laxmi India Finance Ltd | ₹533 Cr | — | 9.2 | 1.1 | 13.8% | —% | 2.9 | 0.0% | +4.15% |
| Purple Finance Ltd | ₹516 Cr | — | — | 2.0 | 0.8% | —% | 0.7 | 0.0% | +54.75% |
| Dhunseri Investments Ltd | ₹488 Cr | ₹799.9 | 5.3 | 0.2 | 1.7% | —% | 0.4 | 0.4% | -16.15% |
| CSL Finance Ltd | ₹480 Cr | ₹213.29 | 5.6 | 0.8 | 14.8% | —% | 1.4 | 1.4% | -27.88% |
| Oswal Greentech Ltd | — | — | — | — | -2.6% | —% | 0.0 | — | -34.68% |
| Shardul Securities Ltd | ₹465 Cr | — | 16.1 | 0.6 | -7.2% | —% | 0.4 | 0.0% | +19.6% |
| The Investment Trust Of India Ltd | ₹450 Cr | — | 13.5 | 0.6 | 4.9% | —% | 0.1 | 0.0% | -24.79% |
| SIL Investments Ltd | ₹443 Cr | ₹418.4 | 8.8 | 0.2 | 1.3% | —% | 0.0 | 0.6% | -6.87% |
| U. Y. Fincorp Ltd | — | — | — | — | 13.4% | —% | 0.0 | — | +69.12% |
| Regency Fincorp Ltd | — | — | — | — | 9.5% | —% | 1.0 | — | +80.22% |
| Indo Thai Securities Ltd | — | — | — | — | 28.5% | —% | 0.1 | — | -85.81% |
| Viji Finance Ltd | — | — | — | — | 8.8% | —% | 0.3 | — | +440.91% |
| Nahar Capital and Financial Services Ltd | ₹371 Cr | ₹221.28 | 3.1 | 0.2 | 4.0% | —% | 0.0 | 0.7% | -1.71% |
| Indus Finance Ltd | — | — | — | — | 11.2% | —% | 0.7 | — | +672.24% |
| Kalind Ltd | ₹366 Cr | — | 6.7 | 0.2 | 25.0% | —% | 0.1 | 0.3% | -98.21% |
| Almondz Global Securities Ltd | — | — | — | — | 11.4% | —% | 0.2 | — | +22.5% |
| Fundviser Capital (India) Ltd | — | — | — | — | 7.6% | —% | 0.0 | — | +200.68% |
| Avonmore Capital & Management Services Ltd | — | — | — | — | 5.8% | —% | 0.1 | — | -25.26% |
| Moneyboxx Finance Ltd | ₹335 Cr | — | 266.7 | 1.1 | 0.5% | —% | 2.3 | 0.0% | -9.81% |
| Muthoot Capital Services Ltd | ₹332 Cr | — | 13.9 | 0.5 | 1.7% | —% | 4.8 | 0.0% | -21.2% |
| Akme Fintrade (India) Ltd | — | — | — | — | 10.5% | —% | 1.2 | — | +47.75% |
| Capital Trade Links Ltd | — | — | — | — | 2.6% | —% | 1.8 | — | +19.48% |
| CP Capital Ltd | ₹258 Cr | — | 5.7 | 0.5 | 7.7% | —% | 0.1 | 0.0% | +41.04% |
| Starteck Finance Ltd | ₹250 Cr | — | 10.3 | 1.0 | 9.7% | —% | 1.3 | 0.1% | -1.49% |
| Swastika Investmart Ltd | ₹248 Cr | — | 18.2 | 1.4 | 10.0% | —% | 0.3 | 0.5% | -4.00% |
| Industrial Investment Trust Ltd | ₹245 Cr | — | — | 0.6 | -2.8% | —% | 0.0 | 0.0% | -15.89% |
| Naga Dhunseri Group Limited | — | — | — | — | -0.8% | —% | 0.2 | — | -37.43% |
| Shalibhadra Finance Ltd | ₹234 Cr | — | 11.8 | 1.4 | 11.9% | —% | 0.3 | 0.7% | -34.06% |
| Gamco Ltd | ₹233 Cr | — | — | 1.4 | -35.5% | —% | 1.7 | 0.2% | +5.06% |
| Abans Enterprises Ltd | — | — | — | — | 1.9% | —% | 0.8 | — | -1.27% |
| Jhaveri Credits & Capital Ltd | — | — | — | — | 1.7% | —% | 0.1 | — | -26.83% |
| AuSom Enterprise Ltd | ₹213 Cr | — | 8.6 | 1.3 | 12.5% | —% | 0.1 | 0.7% | +13.6% |
| Credent Global Finance Ltd | — | — | — | — | 23.6% | —% | 0.8 | — | +20.57% |
| Alacrity Securities Ltd | — | — | — | — | 6.4% | —% | 0.1 | — | -37.57% |
| Emerald Finance Ltd | — | — | — | — | 16.7% | —% | 0.2 | — | -37.35% |
| Onelife Capital Advisors Ltd | — | — | — | — | 10.2% | —% | 0.4 | — | +213.41% |
| Kreon Finnancial Services Ltd | — | — | — | — | 21.7% | —% | 1.0 | — | +281.09% |
| Spacenet Enterprises India Limited | — | — | — | — | 9.8% | —% | 0.1 | — | -56.11% |
| Crescentis Capital Ltd | — | — | — | — | -3.3% | —% | 0.2 | — | -11.42% |
| Amrapali Industries Ltd | — | — | — | — | 31.8% | —% | 3.8 | — | +133.8% |
| Apollo Finvest India Ltd | ₹172 Cr | — | 21.5 | 2.3 | 9.8% | —% | 0.2 | 0.0% | -13.73% |
| Supra Pacific Financial Services Ltd | — | — | — | — | 8.7% | —% | 3.1 | — | +19.44% |
| Sakthi Finance Ltd | — | — | — | — | 7.3% | —% | 3.6 | — | -47.01% |
| Available Finance Ltd | — | — | — | — | 8.5% | —% | 0.0 | — | -27.33% |
| Baid Finserv Ltd | — | — | — | — | 7.3% | —% | 1.2 | — | -2.89% |
| Virat Leasing Ltd | ₹148 Cr | — | — | 9.6 | -4.8% | —% | 0.1 | 0.0% | +43.61% |
| Paul Merchants Ltd | ₹140 Cr | ₹455 | 6.9 | 0.2 | 35.3% | —% | 0.0 | 0.0% | -28.14% |
| Maha Rashtra Apex Corporation Ltd | — | — | — | — | -1.5% | —% | 0.0 | — | -49.71% |
| Assam Entrade Ltd | — | — | — | — | 3.0% | —% | 0.0 | — | +44.64% |
| Upsurge Investment & Finance Ltd | — | — | — | — | 2.9% | —% | 0.0 | — | -39.69% |
| Trustedge Capital Ltd | ₹124 Cr | — | 113.7 | 2.3 | 1.0% | —% | 0.2 | 0.0% | +117.42% |
| Abate As Industries Ltd | ₹121 Cr | — | 13.0 | 1.0 | 7.3% | —% | 0.1 | 0.0% | -12.26% |
| Keynote Financial Services Ltd | ₹120 Cr | ₹216 | 21.2 | 0.8 | 4.7% | —% | 0.0 | 0.5% | -18.12% |
| Steel City Securities Limited | — | — | — | — | 10.5% | —% | 0.1 | — | -19.96% |
| Fynx Capital Ltd | ₹116 Cr | — | — | 8.3 | -29.4% | —% | 3.0 | 0.0% | +239.77% |
| KIFS Financial Services Ltd | ₹115 Cr | — | 13.7 | 1.8 | 13.3% | —% | 6.0 | 1.5% | -1.77% |
| LKP Securities Ltd | ₹114 Cr | — | 15.7 | 1.1 | 10.4% | —% | 0.7 | 1.6% | -32.53% |
| Sonal Mercantile Ltd | — | — | — | — | 7.0% | —% | 0.8 | — | -23.54% |
| RSD Finance Ltd | ₹106 Cr | — | 6.7 | 0.5 | 7.0% | —% | 0.0 | 0.0% | -8.43% |
| DB International Stock Brokers Ltd | ₹105 Cr | — | 42.9 | 1.4 | 4.2% | —% | 0.0 | 0.0% | +20.43% |
| Panafic Industrials Ltd | ₹104 Cr | — | — | 2.3 | -26.1% | —% | 0.9 | 0.0% | +125.53% |
| Vibrant Global Capital Ltd | — | — | — | — | 10.7% | —% | 0.3 | — | -1.06% |
| GACM Technologies Ltd | — | — | — | — | 10.9% | —% | 0.0 | — | +7.69% |
| Worth Investment & Trading Co Ltd | ₹101 Cr | — | 24.9 | 2.3 | 8.2% | —% | 6.6 | 0.0% | -89.78% |
| Thacker & Company Ltd | ₹99 Cr | ₹907.1 | 5.2 | 0.6 | 11.2% | —% | 0.0 | 0.0% | -38.81% |
| Nexome Capital Markets Ltd | ₹95 Cr | — | 5.8 | 0.5 | 6.6% | —% | 0.0 | 2.1% | +1.16% |
| Asit C Mehta Financial Services Ltd | — | — | — | — | -6.6% | —% | 4.3 | — | +10.13% |
| Esaar India Ltd | — | — | — | — | 35.4% | —% | 1.2 | — | +3.27% |
| Prithvi Exchange (India) Ltd | — | — | — | — | 5.1% | —% | 0.1 | — | -41.77% |
| BLB Ltd | — | — | — | — | 29.1% | —% | 0.0 | — | +15.16% |
| Inventure Growth & Securities Ltd | — | — | — | — | 1.4% | —% | 0.1 | — | -29.82% |
| Mukesh Babu Financial Services Ltd | — | — | — | — | 1.6% | —% | 0.1 | — | -3.67% |
| Saumya Consultants Ltd | ₹82 Cr | — | — | 0.7 | -3.8% | —% | 0.0 | 0.0% | -59.03% |
| Inter Globe Finance Ltd | — | — | — | — | 1.8% | —% | 0.1 | — | -16.61% |
| Shri Niwas Leasing And Finance Ltd | ₹80 Cr | — | 6.2 | 0.0 | 28.5% | —% | — | 0.0% | +57.57% |
| My Money Securities Ltd | ₹77 Cr | — | 11.0 | 2.5 | 14.7% | —% | 0.0 | 0.0% | +61.79% |
| Transcorp International Ltd | — | — | — | — | 11.6% | —% | 0.2 | — | -5.31% |
| Comfort Fincap Ltd | ₹75 Cr | — | 7.0 | 0.7 | 8.0% | —% | 0.0 | 1.3% | -17.57% |
| Capital Trust Ltd | — | — | — | — | -63.5% | —% | 0.7 | — | +70.16% |
| Wallfort Financial Services Ltd | — | — | — | — | -1.9% | —% | 0.0 | — | -39.39% |
| Apoorva Leasing Finance and Investment Company Ltd | — | — | — | — | 0.2% | —% | 0.0 | — | -16.76% |
| BN Rathi Securities Ltd | ₹69 Cr | — | 6.1 | 0.9 | 12.6% | —% | 0.0 | 3.1% | -31.44% |
| Gowra Leasing & Finance Ltd | ₹69 Cr | — | 8.2 | 1.0 | 11.5% | —% | 0.3 | 0.0% | +4.71% |
| SPA Capital Services Ltd | ₹69 Cr | — | 42.9 | 3.9 | 4.8% | —% | 1.0 | 0.0% | +45.58% |
| Joindre Capital Services Ltd | ₹65 Cr | — | 4.6 | 0.7 | 16.4% | —% | 0.0 | 4.3% | -2.21% |
| SKP Securities Ltd | ₹65 Cr | — | 6.6 | 1.0 | 14.6% | —% | 0.4 | 2.1% | -13.23% |
| Dhansafal Finserve Ltd | ₹64 Cr | — | 54.0 | 1.0 | 1.2% | —% | 0.3 | 0.0% | -40.27% |
| Minolta Finance Ltd | ₹63 Cr | — | 0.8 | 0.9 | -13.8% | —% | 19.1 | 0.0% | +40.45% |
| Marg Techno Projects Ltd | — | — | — | — | 4.2% | —% | 0.8 | — | -76.11% |
| Gemstone Investments Ltd | — | — | — | — | 0.8% | —% | 0.1 | — | -44.81% |
| Mantra Capital Ltd | ₹62 Cr | — | — | 2.1 | -37.4% | —% | 2.9 | 0.0% | +3.86% |
| F Mec International Financial Services Ltd | ₹61 Cr | — | 12.1 | 3.8 | 14.7% | —% | 0.7 | — | -89.73% |
| HB Portfolio Ltd | — | — | — | — | 0.1% | —% | 0.0 | — | -38.1% |
| Pioneer Investcorp Ltd | — | — | — | — | 9.8% | —% | 0.6 | — | -1.32% |
| Consecutive Commodities Ltd | ₹60 Cr | — | 4.9 | 0.8 | 14.4% | —% | 0.0 | 0.0% | -36.73% |
| Dhanlaxmi Cotex Ltd | ₹59 Cr | — | 86.0 | 0.9 | 0.1% | —% | 0.0 | 0.0% | -46.98% |
| Srestha Finvest Ltd | — | — | — | — | -4.5% | —% | 0.3 | — | -29.55% |
| Elixir Capital Ltd | ₹58 Cr | — | 9.0 | 1.0 | 7.1% | —% | 0.5 | 1.4% | -9.99% |
| GACM Technologies Ltd | — | — | — | — | 10.9% | —% | 0.0 | — | -6.38% |
| Ceeta Industries Ltd | — | — | — | — | 2.1% | —% | 0.2 | — | -12.95% |
| Capfin India Ltd | — | — | — | — | -7.3% | —% | 0.0 | — | 0.00% |
| Leading Leasing Finance And Investment Company Ltd | — | — | — | — | -1.7% | —% | 0.6 | — | -86.1% |
| Dhruva Capital Services Ltd | — | — | — | — | 7.7% | —% | 0.4 | — | -52.97% |
| Odyssey Corporation Ltd | — | — | — | — | 2.7% | —% | 0.0 | — | -58.64% |
| Ceejay Finance Ltd | — | — | — | — | 9.7% | —% | 0.5 | — | -11.12% |
| Ladderup Finance Ltd | ₹52 Cr | — | 9.2 | 0.7 | 7.2% | —% | 0.4 | 0.0% | -11.2% |
| TruCap Finance Ltd | — | — | — | — | -106.1% | —% | 6.5 | — | -43.46% |
| Arnold Holdings Ltd | — | — | — | — | 7.1% | —% | 1.3 | — | -26.91% |
| Glance Finance Ltd | — | — | — | — | 10.4% | —% | 0.0 | — | +49.59% |
| Mega Corporation Ltd | ₹45 Cr | — | 32.6 | 1.2 | 2.3% | —% | 1.4 | 0.0% | -21.38% |
| Real Touch Finance Ltd | — | — | — | — | 10.5% | —% | 4.9 | — | -56.14% |
| Salem Erode Investments Ltd | ₹44 Cr | — | — | 1.5 | -28.6% | —% | 1.0 | 0.0% | -56.81% |
| Morgan Ventures Ltd | — | — | — | — | 4.5% | —% | 2.1 | — | -59.81% |
| Mask Investments Limited | — | — | — | — | 0.1% | —% | 0.0 | — | -1.95% |
| Sainik Finance & Industries Ltd | — | — | — | — | 9.0% | —% | 2.2 | — | -5.99% |
| Aastamangalam Finance Ltd | ₹40 Cr | — | 3.9 | 0.5 | 12.0% | —% | 0.6 | 0.0% | -19.84% |
| HB Stockholdings Ltd | ₹40 Cr | — | — | 0.5 | -13.0% | —% | 0.1 | 2.0% | -21.12% |
| Ad-Manum Finance Ltd | ₹37 Cr | — | 4.1 | 0.4 | 12.5% | —% | 0.3 | 0.0% | -36.77% |
| Ajcon Global Services Ltd | — | — | — | — | 1.0% | —% | 0.4 | — | -13.31% |
| Lakshmi Finance & Industrial Corporation Limited | — | — | — | — | -1.2% | —% | 0.0 | — | -37.76% |
| Relic Technologies Ltd | — | — | — | — | -55.5% | —% | 0.2 | — | -4.75% |
| Gogia Capital Growth Ltd | — | — | — | — | -17.9% | —% | 0.1 | — | 0.00% |
| Kalyan Capitals Ltd | ₹33 Cr | — | 4.0 | 0.5 | 10.7% | —% | 3.9 | 0.0% | -30.35% |
| Munoth Financial Services Ltd | — | — | — | — | -10.8% | —% | 0.1 | — | -3.73% |
| Nagreeka Capital & Infrastructure Ltd | — | — | — | — | 29.8% | —% | 3.8 | — | -10.62% |
| Prismx Global Ventures Ltd | — | — | — | — | 7.7% | —% | 0.0 | — | -5.26% |
| SP Capital Financing Ltd | — | — | — | — | 13.6% | —% | 4.6 | — | +5.52% |
| Anupam Finserv Ltd | — | — | — | — | 6.6% | —% | 0.3 | — | -30.74% |
| QGO Finance Ltd | ₹30 Cr | — | 8.2 | 1.4 | 17.2% | —% | 4.9 | 1.5% | -20.29% |
| Rajvi Logitrade Ltd | ₹30 Cr | — | 6.1 | 1.7 | 39.1% | —% | 0.8 | 0.0% | +271.54% |
| Sumedha Fiscal Services Ltd | ₹29 Cr | — | 10.4 | 0.5 | 3.1% | —% | 0.0 | 2.5% | -40.01% |
| KJMC Financial Services Ltd | — | — | — | — | 1.3% | —% | 0.1 | — | -36.55% |
| Intec Capital Ltd | — | — | — | — | 18.2% | —% | 0.6 | — | -7.43% |
| Purshottam Investofin Ltd | ₹27 Cr | — | 28.1 | 0.5 | -3.2% | —% | 0.9 | 0.0% | -15.05% |
| TCFC Finance Ltd | ₹27 Cr | — | 42.2 | 0.2 | 0.5% | —% | 0.0 | 0.0% | -45.84% |
| Abhishek Finlease Ltd | — | — | — | — | 1.0% | —% | 0.0 | — | -20.49% |
| IndiaNivesh Ltd | — | — | — | — | —% | —% | — | — | -36.84% |
| Stanrose Mafatlal Investments & Finance Ltd | — | — | — | — | -8.4% | —% | 0.1 | — | -16.74% |
| Khandwala Securities Ltd | — | — | — | — | -4.5% | —% | 0.1 | — | -22.78% |
| Nalin Lease Finance Ltd | ₹25 Cr | — | 7.4 | 0.7 | 8.7% | —% | 0.3 | 0.0% | -35.65% |
| Vani Commercials Ltd | ₹25 Cr | — | 211.5 | 0.7 | 1.5% | —% | 0.6 | 0.0% | -33.07% |
| Williamson Magor & Company Ltd | — | — | — | — | —% | —% | — | — | -27.86% |
| Helpage Finlease Ltd | ₹24 Cr | — | 8.1 | 1.3 | 16.6% | —% | 5.4 | 0.0% | +39.88% |
| Jindal Capital Ltd | ₹24 Cr | — | 18.9 | 1.9 | 9.7% | —% | 1.2 | 0.0% | -21.26% |
| Libord Finance Ltd | — | — | — | — | 3.7% | —% | 0.0 | — | -22.58% |
| Ashirwad Capital Ltd | — | — | — | — | 5.4% | —% | 0.2 | — | -39.57% |
| Greencrest Financial Services Ltd | — | — | — | — | 2.4% | —% | 0.9 | — | -13.43% |
| Maruti Global Industries Ltd | — | — | — | — | —% | —% | — | — | -25.32% |
| Paragon Finance Ltd | ₹21 Cr | — | 24.8 | 0.7 | -3.8% | —% | 0.1 | 0.0% | +9.74% |
| Bazel International Ltd | — | — | — | — | 0.7% | —% | 0.2 | — | -50.94% |
| Mansi Finance (Chennai) Ltd | ₹20 Cr | — | 5.8 | 0.5 | 8.3% | —% | 0.5 | 0.0% | -0.87% |
| Moongipa Capital Finance Ltd | — | — | — | — | 3.1% | —% | 0.2 | — | -3.86% |
| Global Capital Markets Ltd | — | — | — | — | -0.3% | —% | 0.0 | — | -33.8% |
| Dynamic Portfolio Management & Services Ltd | — | — | — | — | 4.5% | —% | 0.2 | — | -66.24% |
| Enbee Trade & Finance Ltd | — | — | — | — | 14.7% | —% | 0.6 | — | -60.32% |
| TTI Enterprise Ltd | ₹18 Cr | — | — | 0.7 | -5.2% | —% | 0.1 | 0.0% | -37.89% |
| Kinetic Trust Ltd | ₹17 Cr | — | 133.7 | 4.2 | 3.1% | —% | 5.6 | 0.0% | 0.00% |
| Richfield Financial Services Ltd | ₹17 Cr | — | 23.8 | 1.2 | 3.1% | —% | 4.7 | 0.0% | -51.44% |
| Yash Management & Satellite Ltd | ₹17 Cr | — | 8.4 | 1.8 | 9.4% | —% | 0.1 | 0.0% | -4.92% |
| Comfort Commotrade Ltd | ₹16 Cr | — | — | 0.4 | -27.6% | —% | 0.4 | 3.6% | -50.19% |
| Market Creators Ltd | ₹16 Cr | — | — | 1.5 | -2.0% | —% | 0.7 | 0.0% | +11.03% |
| Northlink Fiscal and Capital Services Ltd | — | — | — | — | 2.3% | —% | 0.2 | — | -3.41% |
| Prism Finance Ltd | — | — | — | — | -17.4% | —% | 0.0 | — | -32.73% |
| Trio Mercantile & Trading Ltd | — | — | — | — | -0.2% | —% | 0.1 | — | +236.23% |
| Beryl Securities Ltd | ₹15 Cr | — | 27.8 | 1.5 | 3.2% | —% | 0.0 | 0.0% | -13.56% |
| Decillion Finance Ltd | — | — | — | — | -0.2% | —% | 0.1 | — | -16.68% |
| Integrated Capital Services Ltd | ₹14 Cr | — | — | 1.6 | -15.0% | —% | 0.3 | 0.0% | -3.58% |
| Inani Securities Ltd | — | — | — | — | 0.6% | —% | 0.0 | — | +11.05% |
| Karnavati Finance Ltd | ₹14 Cr | — | 20.0 | 3.3 | -58.2% | —% | 13.9 | 0.0% | -31.71% |
| Neil Industries Ltd | ₹13 Cr | — | 7.4 | 0.2 | 2.8% | —% | 0.1 | 0.0% | -25.61% |
| NPR Finance Ltd | — | — | — | — | 0.4% | —% | 0.0 | — | -10.68% |
| Tradewell Holdings Ltd | ₹13 Cr | — | 13.4 | 1.9 | 19.5% | —% | 0.8 | 0.0% | -22.83% |
| United Credit Ltd | — | — | — | — | 2.8% | —% | 0.0 | — | -32.63% |
| Citi Port Financial Services Ltd | — | — | — | — | 7.6% | —% | 0.6 | — | +88.5% |
| DCM Financial Services Ltd | — | — | — | — | —% | —% | — | — | 0.00% |
| Econo Trade (India) Ltd | ₹11 Cr | — | 5.0 | 0.2 | 4.6% | —% | 0.4 | 0.0% | -16.76% |
| Garbi Finvest Ltd | — | — | — | — | -5.0% | —% | 0.0 | — | -10.03% |
| First Custodian Fund India Ltd | — | — | — | — | -1.8% | —% | 0.0 | — | -44.92% |
| Arihants Securities Ltd | — | — | — | — | 0.6% | —% | 0.0 | — | -25.64% |
| Indergiri Finance Ltd | ₹10 Cr | — | — | 15.0 | -114.9% | —% | 21.4 | 0.0% | +18.53% |
| Kumbhat Financial Services Ltd | ₹10 Cr | — | 12.7 | 1.7 | 14.5% | —% | 3.2 | 0.0% | +7.84% |
| Longspur International Ventures Ltd | ₹10 Cr | — | 21.7 | 0.3 | 1.8% | —% | 0.3 | 0.0% | +25.7% |
| Sarthak Global Ltd | — | — | — | — | 0.3% | —% | 5.8 | — | +69.47% |
| Galada Finance Ltd | ₹9 Cr | — | 19.2 | 1.5 | 7.3% | —% | 1.6 | 0.0% | +74.73% |
| Lyons Corporate Market Ltd | ₹9 Cr | — | 33.7 | 0.8 | 2.8% | —% | 0.8 | 0.0% | -17.99% |
| Modern Shares & Stockbrokers Ltd | ₹9 Cr | — | 127.5 | 0.6 | 1.5% | —% | 0.0 | 0.0% | -32.35% |
| Ganon Products Ltd | — | — | — | — | 4.5% | —% | 1.0 | — | -3.57% |
| ISF Ltd | ₹8 Cr | — | — | 0.7 | -13.2% | —% | 0.2 | 0.0% | -14.85% |
| Mathew Easow Research Securities Ltd | — | — | — | — | 0.6% | —% | 1.5 | — | -0.64% |
| Scintilla Commercial & Credit Ltd | ₹8 Cr | — | — | 0.8 | -1.9% | —% | 0.1 | 0.0% | +34.26% |
| Typhoon Financial Services Ltd | ₹8 Cr | — | 115.8 | 1.1 | 1.1% | —% | 0.0 | 0.0% | 0.00% |
| Money Masters Leasing & Finance Ltd | — | — | — | — | 2.3% | —% | 0.9 | — | -50.35% |
| Abhinav Leasing & Finance Ltd | ₹6 Cr | — | 12.6 | 0.8 | 10.3% | —% | 5.6 | 0.0% | -26.62% |
| BFL Asset Finvest Ltd | ₹6 Cr | — | — | 0.4 | -17.3% | —% | 0.9 | 0.0% | -52.71% |
| Goyal Associates Ltd | — | — | — | — | -5.9% | —% | 0.2 | — | -7.20% |
| Prime Capital Market Ltd | ₹6 Cr | — | — | 0.6 | -8.9% | —% | 1.3 | 0.0% | -41.39% |
| BCL Enterprises Ltd | — | — | — | — | -46.7% | —% | 9.5 | — | -46.99% |
| Ken Financial Services Ltd | — | — | — | — | 5.8% | —% | 1.2 | — | +3.85% |
| KZ Leasing & Finance Ltd | — | — | — | — | -1.2% | —% | 1.4 | — | -20.63% |
| Wagend Infra Venture Ltd | — | — | — | — | 0.3% | —% | 0.2 | — | 0.00% |
| Aar Shyam India Investment Company Ltd | ₹4 Cr | — | — | 1.7 | -25.3% | —% | 0.1 | 0.0% | +37.41% |
| Rajkot Investment Trust Ltd | ₹4 Cr | — | 31.5 | 0.8 | 2.7% | —% | 5.9 | 0.0% | -15.04% |
| Brilliant Portfolios Ltd | ₹3 Cr | — | 4.2 | 0.3 | 6.7% | —% | 2.3 | 0.0% | +40.16% |
| Shri Kalyan Holdings Ltd | — | — | — | — | -6.5% | —% | 0.0 | — | +4.79% |
| Wardwizard Healthcare Ltd | — | — | — | — | —% | —% | — | — | +107.32% |
India's NBFC sector fills critical credit gaps that banks cannot serve efficiently — vehicle finance, housing for informal income earners, microfinance, gold loans, and consumer credit. The sector disbursed over ₹12 lakh crore in FY24. Post the IL&FS crisis of 2018 and subsequent regulations, NBFCs have built stronger liability profiles with diversified funding.
Digital lending platforms have disrupted origination costs. Key metrics: Net Interest Margin (5-8% for NBFCs vs 3-4% for banks), credit cost, book value growth, and cost-to-income ratio. Housing finance companies benefit from government subsidies and 25-year growth runway.
Top NBFCs trade at 3-5x book value, reflecting superior ROE (15-20%) and growth visibility.
rupiya.io is for research and education only. Metrics shown are not investment advice. Validate with SEBI-regulated disclosures before acting.