Finance - NBFC · Founded 1994 · www.kcsl.co.in · BSE 539384 · · ISIN INE897B01019
No Notes Added Yet
Business
Krishna Capital And Securities Ltd. operates as a Non-Banking Financial Company (NBFC) in India. Its core business model typically involves providing various financial services without holding a banking license. This generally includes lending activities, investment services, and potentially other financial advisory functions. The company primarily generates revenue through interest income earned on loans extended to individuals and businesses, fees for financial services rendered, and potentially gains from its investment portfolio. As an NBFC, it plays a crucial role in providing credit to segments that may have limited access to traditional banking finance.
Revenue Mix
Without specific detailed financial reports for Krishna Capital And Securities Ltd., its exact revenue mix and key segments are not publicly available in this context. Generally, an NBFC's revenue can be diversified across segments such as retail loans (e.g., personal loans, vehicle loans, small business loans), corporate lending, gold loans, microfinance, and income from investments in securities. A significant portion of revenue for most NBFCs typically comes from interest income from their loan book.
Industry
The Indian NBFC sector is dynamic, highly competitive, and regulated by the Reserve Bank of India (RBI). It comprises a large number of players, ranging from large, diversified NBFCs sponsored by conglomerates to smaller, niche-focused entities. Krishna Capital And Securities Ltd., like many NBFCs, operates in an environment where it competes not only with other NBFCs but also with commercial banks for funding and customers. Given its likely scale (as a non-major listed entity), it may focus on specific geographies, customer segments, or asset classes where it has established a local presence or expertise, competing on factors like speed of disbursal, customer service, and specialized product offerings.
MOAT
For an NBFC of potentially smaller to mid-size like Krishna Capital And Securities Ltd., robust and durable competitive advantages (moats) can be challenging to establish. Potential competitive advantages, if present, could include:
Niche Expertise: Specialization in a particular underserved lending segment (e.g., specific type of MSME, regional focus, unique asset-backed lending).
Strong Local Relationships: Deep understanding and trust within specific communities or regions, leading to better credit assessment and collection.
Operational Efficiency: Lower cost of operations, efficient underwriting and collection processes allowing for competitive pricing while maintaining profitability.
Technology Adoption: Leveraging technology for faster loan processing, better customer experience, and risk management.
However, without specific company details, it is difficult to ascertain the presence of a strong, durable moat.
Growth Drivers
Key factors that could drive growth for Krishna Capital And Securities Ltd. over the next 3-5 years include:
Economic Growth: Sustained growth in the Indian economy, leading to increased demand for credit from both individuals and businesses.
Credit Penetration: Expanding financial inclusion and growing demand for credit in semi-urban and rural areas where traditional banking penetration might be lower.
Underserved Segments: Ability to identify and effectively cater to specific underserved segments (e.g., small businesses, first-time borrowers) with tailored products.
Digitalization: Adoption of digital lending platforms and processes to enhance efficiency, reach, and customer acquisition.
Access to Funding: Improving access to diverse and cost-effective funding sources to support loan book expansion.
Risks
Krishna Capital And Securities Ltd. faces several inherent risks common to the NBFC sector:
Credit Risk: Potential for non-performing assets (NPAs) due to borrower defaults, especially sensitive to economic downturns or sector-specific stress.
Funding & Liquidity Risk: Dependence on market borrowings; difficulty in raising funds at competitive rates or maintaining adequate liquidity can impact operations and growth.
Interest Rate Risk: Mismatch between asset and liability repricing, impacting net interest margins in a volatile interest rate environment.
Regulatory Risk: Changes in RBI regulations concerning capital adequacy, provisioning norms, asset classification, and other operational guidelines could impact profitability and business models.
Competition: Intense competition from banks, larger NBFCs, and fintech players, leading to pressure on lending rates and margins.
Macroeconomic Headwinds: Economic slowdowns, inflation, or geopolitical events can negatively affect credit demand, asset quality, and investor sentiment.
Management & Ownership
Typically, many Indian NBFCs, especially those not among the largest players, are promoter-led companies. The quality and experience of the promoters and the management team are crucial for navigating the complex financial landscape, managing risks, and ensuring sustainable growth. Specific details about the promoters, key management personnel, their track record, and the exact ownership structure would require examining the company's annual reports, regulatory filings, and public disclosures. As a promoter-driven entity, strategic direction and risk appetite are often heavily influenced by the founding family or individuals.
Outlook
The outlook for Krishna Capital And Securities Ltd. is influenced by a blend of opportunities and challenges. On the upside, India's robust economic growth projections and the increasing demand for credit, particularly in underserved segments, provide a fertile ground for NBFCs to expand their operations. A well-managed NBFC with a clear niche, efficient operations, and effective risk management can capitalize on these opportunities. However, the downside involves significant headwinds from intense competition, the cyclical nature of credit quality, potential increases in non-performing assets, and the ever-present challenge of securing stable and cost-effective funding. Regulatory changes and a volatile interest rate environment also pose continuous risks. The company's success will largely depend on its ability to effectively manage credit risks, adapt to evolving regulatory landscapes, innovate its product offerings, and maintain a diversified and stable funding base while navigating a highly competitive market.
| #(Fig in Cr.) | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 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 | 0.3 | -0.2 | -0 | 0 | 0.2 | -0.2 | -0 | 0.1 | 0 | 0 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Total Expenditure | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Provision for Tax | 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 |
| Adjustments | 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 |
| Adjusted Earnings Per Share | 0 | 1.3 | 0.7 | 0.5 | 0.2 | 0.5 | 0.4 | 0.5 | 0.5 | 0 | 0.1 |
| # | 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 | 62% | 41% | 35% | 27% |
| ROE Average | 0% | 2% | 2% | 2% |
| ROCE Average | 0% | 2% | 2% | 3% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 11 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Minority's Interest | 15 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 26 | 18 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Fixed Assets | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 12 | 12 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Total Current Assets | 4 | 6 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Total Assets | 26 | 18 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | 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 |
| Cash Flow from Operating Activities | 5 | -1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Cash Flow from Investing Activities | -5 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Inflow / Outflow | 0 | -0 | 0 | -0 | 0 | 0 | -0 | 0 | -0 | 0 |
| Closing Cash & Cash Equivalent | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0 | 1.28 | 0.7 | 0.53 | 0.18 | 0.49 | 0.45 | 0.47 | 0.47 | 0.03 |
| CEPS(Rs) | 0.48 | 1.28 | 0.7 | 0.45 | 0.18 | 0.49 | 0.45 | 0.47 | 0.47 | 0.03 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0 | 22.89 | 20.69 | 17.9 | 18.09 | 18.58 | 19.03 | 19.5 | 19.97 | 20 |
| Core EBITDA Margin(%) | 23.54 | -57 | 70.49 | 29.38 | 16.91 | 37.88 | 38.92 | 42.67 | 41.8 | 21.62 |
| EBIT Margin(%) | 28.58 | 128.15 | 78.45 | 33.36 | 16.82 | 38.54 | 40.57 | 44.99 | 45 | 2.05 |
| Pre Tax Margin(%) | 28.43 | 124.95 | 77.67 | 33.33 | 16.81 | 38.5 | 40.57 | 44.94 | 44.95 | 2.05 |
| PAT Margin (%) | 22.29 | 83.04 | 62.54 | 23.84 | 14.07 | 32.2 | 34.23 | 37.92 | 37.93 | 1.73 |
| Cash Profit Margin (%) | 23.12 | 83.2 | 62.66 | 23.91 | 14.17 | 32.28 | 34.32 | 38 | 38.01 | 1.79 |
| ROA(%) | 0.56 | 1.84 | 1.82 | 2.32 | 0.99 | 2.67 | 2.37 | 2.43 | 2.38 | 0.15 |
| ROE(%) | 1.35 | 4.48 | 3.23 | 2.34 | 1 | 2.68 | 2.38 | 2.44 | 2.39 | 0.16 |
| ROCE(%) | 1.73 | 6.92 | 4.05 | 3.28 | 1.19 | 3.21 | 2.83 | 2.89 | 2.84 | 0.18 |
| Receivable days | 119.82 | 205.5 | 348.65 | 203.98 | 241.78 | 151.22 | 167.75 | 177.44 | 176.53 | 122.66 |
| Inventory Days | 50.59 | 70.9 | 99.88 | 31.97 | 41.28 | 34.01 | 23.39 | 49.89 | 113.67 | 93.98 |
| Payable days | 0 | 0 | 423.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 3.4 | 12.73 | 10.21 | 0 | 7.52 | 31.27 | 42.65 | 36.31 | 1048.39 |
| Price/Book(x) | 0 | 0.19 | 0.43 | 0.3 | 0 | 0.2 | 0.74 | 1.03 | 0.86 | 1.62 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 4.36 | 2.77 | 7.93 | 2.86 | 7.82 | 2.37 | 10.65 | 16.06 | 13.71 | 17.82 |
| EV/Core EBITDA(x) | 14.82 | -7.57 | 10.1 | 8.54 | 46.21 | 6.24 | 27.37 | 37.64 | 32.8 | 82.4 |
| Net Sales Growth(%) | 0 | -25.52 | -26.86 | 68.7 | -32.76 | 19.85 | -14.25 | -5.46 | 0.51 | 43.91 |
| EBIT Growth(%) | 0 | 233.9 | -55.23 | -28.27 | -66.1 | 174.62 | -9.74 | 4.84 | 0.54 | -93.44 |
| PAT Growth(%) | 0 | 177.45 | -44.91 | -35.68 | -60.31 | 174.25 | -8.85 | 4.72 | 0.54 | -93.43 |
| EPS Growth(%) | 0 | 0 | -44.91 | -24.5 | -65.23 | 166.67 | -8.86 | 4.73 | 0.53 | -93.43 |
| Debt/Equity(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 57.6 | 5.69 | 41.41 | 71.34 | 363.74 | 136.83 | 156.44 | 153.44 | 156.42 | 2399.61 |
| Quick Ratio(x) | 56.44 | 5.6 | 40.31 | 71.17 | 355.95 | 136.57 | 154.7 | 151.19 | 149.78 | 2339.56 |
| Interest Cover(x) | 186.23 | 40.03 | 100.62 | 1128.38 | 2507.84 | 1050.55 | 0 | 994.08 | 884.5 | 0 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | — | — | — | — |
| Operating Profit CAGR | — | — | — | — |
| PAT CAGR | — | — | — | — |
| Share Price CAGR | +62% | +41% | +35% | +27% |
| ROE Average | 0% | +2% | +2% | +2% |
| ROCE Average | 0% | +2% | +2% | +3% |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 | 42.87 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 | 57.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.
Your relationship manager will connect with you shortly.