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Indo Credit Capital Overview

1. Business Overview

Indo Credit Capital Ltd. is an Non-Banking Financial Company (NBFC) based in India. Its core business involves providing various financial services, primarily extending credit and loans to individuals and businesses. As an NBFC, it operates under the regulatory framework of the Reserve Bank of India (RBI), engaging in lending, hire purchase, and other credit-related activities. The company makes money primarily through interest income generated from the loans and advances it provides, as well as potential fee income for financial services rendered.

2. Key Segments / Revenue Mix

Specific segment breakdowns and precise revenue mix for Indo Credit Capital Ltd. are not readily available in public data. However, typical NBFCs in India derive their revenue from various lending categories which may include secured loans (e.g., loans against property, gold loans), unsecured loans (e.g., personal loans, business loans), vehicle finance, and corporate lending. Without specific disclosure, it can be inferred that its revenue is predominantly driven by interest earned on its loan portfolio.

3. Industry & Positioning

Indo Credit Capital Ltd. operates within the highly competitive Indian NBFC sector. This industry comprises a wide array of players, from large, well-established diversified NBFCs and banks to smaller, niche-focused entities. The company likely positions itself by catering to specific borrower segments or geographical pockets where it might have a localized presence or specialized understanding. Given its general public profile, it appears to be a smaller to mid-sized player in the vast Indian financial landscape, competing with numerous other NBFCs and commercial banks for market share.

4. Competitive Advantage (Moat)

Based on available information, Indo Credit Capital Ltd. does not appear to possess significant durable competitive advantages (moats) like a strong brand, massive scale, proprietary network effects, or high switching costs that would significantly deter competition. Its competitive edge, if any, might stem from localized relationships, agile decision-making, specialized underwriting in a niche segment, or efficient operational processes for its target clientele. However, these are generally less durable than traditional moats in the financial sector.

5. Growth Drivers

Key factors that could drive growth for Indo Credit Capital Ltd. over the next 3-5 years include:

Growing Credit Demand: India's economic growth and increasing financialization are expected to drive consistent demand for credit from both retail consumers and MSMEs.

Financial Inclusion: Expansion into underserved or underbanked segments and geographies can unlock new customer bases.

Digitalization: Adoption of digital lending platforms and processes can enhance efficiency, reduce costs, and improve customer acquisition.

Diversification of Product Portfolio: Expanding into new lending products or services that align with market demand.

Economic Revival: A strong domestic economy improves borrower repayment capacity and overall credit quality.

6. Risks

Indo Credit Capital Ltd., like other NBFCs, faces several risks:

Credit Risk: The primary risk is the potential for loan defaults and increasing Non-Performing Assets (NPAs), which can significantly impact profitability and asset quality.

Liquidity Risk: Reliance on market borrowings makes NBFCs susceptible to funding squeezes or rising cost of funds, especially during periods of tight liquidity.

Interest Rate Risk: Mismatches between asset and liability repricing can impact net interest margins in a volatile interest rate environment.

Regulatory Risk: Changes in RBI regulations concerning capital adequacy, lending norms, NPA recognition, or recovery procedures can impact operations and profitability.

Competition: Intense competition from banks and larger, well-funded NBFCs can limit growth opportunities and pressure margins.

Economic Slowdown: A downturn in the broader economy can negatively impact borrower income and repayment capacity.

7. Management & Ownership

Specific details regarding the promoters, individual management quality, or precise ownership structure beyond the publicly traded shares are not provided. Typically, Indian NBFCs are founded and controlled by promoter groups who hold a significant stake and often guide the company's strategic direction. The management team would be responsible for day-to-day operations, risk management, and loan book growth, operating under the oversight of a board of directors.

8. Outlook

Indo Credit Capital Ltd. operates in a promising, yet challenging, sector. The Indian financial services market offers significant growth opportunities due to rising credit demand and underpenetration. If the company can effectively manage its asset quality, secure adequate and cost-effective funding, and expand its lending operations prudently within its niche, it stands to benefit from the overall economic growth. However, it faces intense competition from larger, better-capitalized players and remains susceptible to credit cycles, interest rate volatility, and regulatory changes. Maintaining a healthy balance sheet and robust risk management will be crucial for sustainable performance in this dynamic environment.

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Indo Credit Capital Key Financials

Market Cap ₹8 Cr.

Stock P/E -164.3

P/B 1.4

Current Price ₹11.5

Book Value ₹ 8

Face Value 10

52W High ₹12.9

Dividend Yield 0%

52W Low ₹ 3

Indo Credit Capital Share Price

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Volume
Price

Indo Credit Capital Quarterly Price

Show Value Show %

Indo Credit Capital Peer Comparison

Indo Credit Capital Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Operating Revenue 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit -0 -0 0 -0 -0 -0 0 -0 0 0
Interest Expense 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 0 -0 -0 -0 0 -0 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 -0 0 -0 -0 -0 0 -0 0 0
Adjustments 0 0 0 0 -0 0 0 0 -0 0
Profit After Adjustments -0 -0 0 -0 -0 -0 0 -0 0 0
Adjusted Earnings Per Share -0 -0 0.1 -0.1 -0.1 -0.1 0.1 -0.1 0 0

Indo Credit Capital Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 0 0 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0 0 0
Operating Profit 0 0 -0 -0 -0 -0 -0 -0 -0 0 -0 0
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Provision for Tax -0 0 -0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Adjusted Earnings Per Share 0 0 -0.1 -0.2 -0.1 -0.5 -0.1 -0.1 -0.2 -0.1 -0.1 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 306% 89% 99% 32%
ROE Average -1% -2% -1% -1%
ROCE Average -1% -1% -1% -1%

Indo Credit Capital Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 7 7 7 7 7 6 6 6 6 6 6
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Current Liability 0 0 0 0 0 0 0 0 3 4 4
Other Liabilities & Provisions 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 7 7 7 7 7 6 6 6 9 10 10
Loans 0 0 0 0 0 0 0 0 0 0 0
Investments 6 6 6 6 3 4 4 5 6 6 6
Fixed Assets 0 0 0 0 0 1 1 1 1 1 1
Other Loans 1 1 1 1 3 1 1 0 0 1 1
Other Non Current Assets 0 0 0 0 0 0 0 0 0 0 0
Current Assets 0 0 0 0 0 0 0 0 1 2 2
Total Assets 7 7 7 7 7 6 6 6 9 10 10

Indo Credit Capital Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -0 0 -1 -0 -2 1 0 0 -0 -1 0
Cash Flow from Investing Activities 0 -0 1 0 2 -1 -0 -1 -1 0 0
Cash Flow from Financing Activities 0 0 0 0 0 0 0 0 2 0 0
Net Cash Inflow / Outflow 0 -0 -0 0 0 -0 -0 0 0 -0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Indo Credit Capital Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 -0.08 -0.17 -0.09 -0.47 -0.14 -0.1 -0.24 -0.07 -0.07
CEPS(Rs) 0 0 -0.08 -0.17 -0.09 -0.47 -0.13 -0.1 -0.24 -0.07 -0.07
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 9.44 9.45 9.36 9.19 9.1 8.66 8.52 8.42 8.18 8.11 8.04
Net Profit Margin 3.19 1.87 -70.13 -503.12 -64.29 -954.38 -213.29 -215.9 -410.4 -82.87 -39.32
Operating Margin 4.2 3.86 -69.88 -500.4 -64.21 -953.03 -212.85 -215.6 -407.33 22.84 -39.24
PBT Margin 3.19 2.22 -70.13 -503.12 -64.29 -954.38 -213.29 -215.9 -410.4 -82.87 -39.32
ROA(%) 0.03 0.03 -0.86 -1.84 -1.02 -5.26 -1.57 -1.12 -2.32 -0.55 -0.51
ROE(%) 0.03 0.03 -0.88 -1.86 -1.03 -5.3 -1.58 -1.15 -2.89 -0.86 -0.87
ROCE(%) 0.05 0.07 -0.87 -1.85 -1.03 -5.29 -1.57 -1.15 -2.87 0.24 -0.86
Price/Earnings(x) 171.88 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0.06 0 0.12 0.07 0 0 0.05 0.21 0.24 0.23 0.34
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 5.07 56.88 9.28 17.95 67.89 202.13 6.11 37.06 30.32 20.93 14.54
EV/Core EBITDA(x) 120.88 1474.91 -13.29 -3.59 -105.74 -21.21 -2.9 -17.61 -7.52 86.12 -37.05
Interest Earned Growth(%) 62.58 73.07 -32.95 -70.92 328.93 -66.41 28.69 -28.76 29.36 44.92 109.95
Net Profit Growth 156.91 1.37 -2613.56 -108.62 45.19 -398.62 71.24 27.89 -145.89 70.74 0.39
EPS Growth(%) 146.15 3.12 -2603.03 -108.47 45.18 -398.62 71.23 27.92 -146 70.72 0.43
Interest Coverage(x) % 4.17 2.36 -276.03 -184.17 -728.34 -705.05 -488.5 -705 -132.54 0.22 -505

Indo Credit Capital Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 14.51 14.51 14.51 14.51 14.51 14.51 14.51 14.51 14.51 14.51
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 85.49 85.49 85.49 85.49 85.49 85.49 85.49 85.49 85.49 85.49
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Indo Credit Capital News

Indo Credit Capital Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 14.51%.
  • Company has a low return on equity of -2% over the last 3 years.
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