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Shivansh Finserve Overview

Shivansh Finserve Ltd is an Indian public financial services company incorporated in 1984 and headquartered in Ahmedabad, Gujarat. The company operates in the financial intermediation and consultancy sector, providing a range of services that include corporate and individual financial advisory, working capital and cash credit facilities, loans and other credit support products tailored to meet business financing needs. Originally incorporated under a different name and later rebranded to Shivansh Finserve, it focuses on serving clients with cus...Read More

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Shivansh Finserve Key Financials

Market Cap ₹6 Cr.

Stock P/E -34.2

P/B 0.9

Current Price ₹9.6

Book Value ₹ 11.1

Face Value 10

52W High ₹13.4

Dividend Yield 0%

52W Low ₹ 5.2

Shivansh Finserve Share Price

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Volume
Price

Shivansh Finserve Quarterly Price

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Shivansh Finserve Peer Comparison

Shivansh Finserve Quarterly Results

#(Fig in Cr.) Mar 2020 Jun 2020 Sep 2020 Dec 2020 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 1 0 0 0 0 0 3 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 0 1 0 0 0 0 0 3 0
Total Expenditure 0 0 1 0 0 0 0 0 2 0
Operating Profit 0 0 0 -0 0 0 0 0 1 -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 1 -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 1 -0
Adjustments 0 0 -0 -0 0 0 0 -0 0 0
Profit After Adjustments 0 -0 0 -0 -0 -0 -0 -0 1 -0
Adjusted Earnings Per Share 0 -0 0.1 -0.2 -0 -0.1 -0 -0.1 0.9 -0

Shivansh Finserve 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
Net Sales 0 0 0 1 3 5 3 1 0 0 0 3
Other Income 0 0 0 0 0 0 0 0 1 1 1 0
Total Income 0 0 0 1 3 5 3 2 1 1 1 3
Total Expenditure 0 0 0 1 3 5 3 1 0 1 0 2
Operating Profit 0 -0 0 0 0 0 0 0 0 0 0 1
Interest 0 0 0 0 0 0 0 0 0 0 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 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 1
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 1
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 1
Adjusted Earnings Per Share 0 -0.1 0.1 0 0.2 0.1 0.1 0.1 0.2 -0.2 -0.3 0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -100% -100% 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 75% 31% 72% -4%
ROE Average -3% -1% 0% 0%
ROCE Average 2% 2% 2% 2%

Shivansh Finserve 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 6 6 6 6 6 6 6 7 7 7 6
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 3 3 4 1 5 4 7 8
Other Non-Current Liabilities 0 0 0 0 -0 -0 -0 -0 -0 -0 -0
Total Current Liabilities 1 1 1 0 0 3 3 4 3 3 4
Total Liabilities 7 7 8 9 9 13 11 15 13 17 18
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 1 0 0 1 1 1 0
Total Current Assets 7 7 8 9 8 12 10 14 11 15 17
Total Assets 7 7 8 9 9 13 11 15 13 17 18

Shivansh Finserve 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 24 2 1 2 1 1 0 0
Cash Flow from Operating Activities -6 -0 1 -24 -0 0 -0 -5 1 -4 -4
Cash Flow from Investing Activities 0 0 0 0 0 0 0 -1 1 1 4
Cash Flow from Financing Activities 6 0 1 2 -0 1 -2 6 -3 3 1
Net Cash Inflow / Outflow 0 0 2 -23 -1 1 -2 1 -1 0 0
Closing Cash & Cash Equivalent 0 0 2 2 1 2 1 1 0 0 0

Shivansh Finserve 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 -0.11 0.12 0 0.18 0.09 0.13 0.14 0.17 -0.16 -0.28
CEPS(Rs) 0.03 -0.11 0.12 0 0.19 0.11 0.15 0.18 0.2 -0.12 -0.24
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 9.91 10.02 10.04 10.06 10.15 10.28 10.42 10.83 10.67 10.39
Core EBITDA Margin(%) -466.46 -19.22 -336.48 -44.56 -2.19 -0.75 -5.67 -5.59 0 -73.48 -254.53
EBIT Margin(%) 83.34 -18.98 188.7 5.76 3.62 6.19 7.79 23.81 0 80.87 401.14
Pre Tax Margin(%) 80.41 -19.51 188.46 0.29 3.61 2.23 4.32 11.83 0 -20.62 -170.16
PAT Margin (%) 53.59 -19.51 128.81 0.29 3.41 1.13 3.11 6.62 0 -21.3 -167.21
Cash Profit Margin (%) 53.59 -19.51 128.81 0.29 3.6 1.3 3.7 8.26 0 -16.11 -143.85
ROA(%) 0.53 -0.99 1 0.02 1.22 0.53 0.68 0.68 0.74 -0.67 -1.02
ROE(%) 0.58 -1.08 1.16 0.03 1.79 0.92 1.25 1.37 1.59 -1.46 -2.67
ROCE(%) 0.83 -0.96 1.48 0.47 1.31 3.35 2.16 2.69 1.53 2.55 2.45
Receivable days 0 0 0 142.46 56.39 44.72 93.28 125.06 0 127.33 0
Inventory Days 0 0 0 510.51 205.64 180.46 267.8 281.78 0 1527.96 0
Payable days 0 0 0 3.64 9.71 12.18 22.07 27.24 0 30.83 129.72
PER(x) 0 0 26.4 375 14.18 21.6 5.79 50.18 16.92 0 0
Price/Book(x) 0 0 0.31 0.12 0.25 0.2 0.07 0.68 0.26 0.48 0.57
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 190.54 19.42 14.05 0.33 0.31 -0.19 -1.09 5.7 0 17.72 83.41
EV/Core EBITDA(x) 228.63 -102.31 7.45 5.79 8.26 -3.03 -13.02 22.38 14 20.59 19.65
Net Sales Growth(%) 0 881.7 -83.6 1114.03 382.43 54.94 -49.68 -48.05 -100 0 -77.25
EBIT Growth(%) 1018.24 -323.55 263.09 -62.92 202.8 164.96 -36.66 58.84 -33.1 75.73 12.85
PAT Growth(%) 619.06 -457.47 208.27 -97.24 5510 -48.48 38.06 10.53 19.16 -193.43 -78.62
EPS Growth(%) 0 0 208.22 -97.24 5518.75 -48.5 38.12 10.48 19.18 -193.47 -78.59
Debt/Equity(x) 0.08 0.1 0.21 0.49 0.41 0.57 0.33 1.31 0.9 1.47 1.75
Current Ratio(x) 12.96 10.99 5.62 363.4 34.44 4.28 3.64 3.58 4.26 4.99 4.98
Quick Ratio(x) 12.96 10.99 5.62 325.85 23.2 3.49 3.11 3.44 4.04 3.91 3.25
Interest Cover(x) 28.48 -35.44 774.12 1.05 1190 1.56 2.24 1.99 2.05 0.8 0.7
Total Debt/Mcap(x) 0 0 0.69 4.09 1.63 2.89 4.64 1.92 3.4 3.04 3.08

Shivansh Finserve Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Mar 2026
Promoter 0.59 0.59 0.59 0.59 0.59 0.59 0.59 0.59 0.59 1.03
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 99.41 99.41 99.41 99.41 99.41 99.41 99.41 99.41 99.41 98.97
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Shivansh Finserve News

Shivansh Finserve Pros & Cons

Pros

  • Stock is trading at 0.9 times its book value

Cons

  • Promoter holding is low: 1.03%.
  • Company has a low return on equity of -1% over the last 3 years.
  • Debtor days have increased from 30.83 to 129.72days.
  • Earnings include an other income of Rs. 1 Cr.
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