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TTI Enterprise Overview

1. Business Overview

TTI Enterprise Ltd. (TTIENT) operates as a Non-Banking Financial Company (NBFC) in India. As an NBFC, its core business involves providing various financial services, primarily extending loans and advances to individuals, small and medium-sized enterprises (SMEs), and corporations. The company generates revenue primarily through interest income earned on its loan portfolio, as well as potential fees from financial services. Like other NBFCs, TTIENT acts as a financial intermediary, mobilizing funds (e.g., through borrowings, equity) and deploying them in lending activities.

2. Key Segments / Revenue Mix

Without specific public data, the primary revenue source for TTIENT, typical of an NBFC, would be interest income from its lending operations. This could include various asset classes such as secured or unsecured loans, corporate loans, personal loans, or SME financing. A specific breakdown of major business segments and their exact contribution is not available in the provided information.

3. Industry & Positioning

The Indian NBFC sector is highly competitive and diverse, comprising a wide range of players from large, well-established entities to smaller, regional ones. Competition comes from public and private sector banks, other large NBFCs, and emerging fintech lenders. TTIENT, as an NBFC, likely operates within this landscape, potentially focusing on specific geographies, customer segments, or niche financial products where it can leverage its expertise or local presence. Its positioning relative to peers would depend on its asset size, market share, and specialization, which are not specified.

4. Competitive Advantage (Moat)

For an NBFC like TTIENT, durable competitive advantages can be challenging to establish, especially against larger banks and NBFCs with deeper pockets, wider distribution networks, and stronger brands. Potential moats could include:

Niche Expertise: Strong underwriting skills and customer relationships within a specific, underserved segment (e.g., certain types of SMEs, regional markets).

Operational Efficiency: Cost-effective loan origination and servicing processes.

Local Market Knowledge: Deep understanding of regional economic dynamics and customer needs, enabling better risk assessment.

However, without specific details, it is likely that TTIENT operates in a highly competitive environment where such advantages might be limited compared to market leaders.

5. Growth Drivers

Key factors that could drive TTIENT's growth over the next 3-5 years include:

Economic Growth: A growing Indian economy typically translates to higher demand for credit across various sectors.

Rising Credit Penetration: Continued financial inclusion and increasing formal credit usage in underserved segments.

Government Initiatives: Policies supporting MSMEs, infrastructure, or specific consumption categories can boost lending opportunities.

Strategic Expansion: Ability to expand into new geographic areas or introduce new, in-demand financial products.

Digitalization: Adoption of technology to improve efficiency, reach, and customer experience.

6. Risks

Credit Risk: The primary risk for an NBFC, stemming from potential defaults on loans leading to Non-Performing Assets (NPAs) and impacting asset quality and profitability.

Interest Rate Risk: Fluctuations in interest rates can affect the company's cost of borrowing and lending margins.

Liquidity Risk: Inability to raise funds or meet short-term obligations, particularly in tight credit markets.

Regulatory Risk: Changes in RBI regulations, capital adequacy norms, or lending guidelines can impact operations and profitability.

Competition: Intense competition from banks and other NBFCs can put pressure on margins and market share.

Economic Downturns: Broad economic slowdowns can lead to higher defaults and reduced credit demand.

7. Management & Ownership

TTI Enterprise Ltd. is likely a promoter-led company, a common structure in India where a founding family or group holds a significant stake and exerts control over strategic direction. Specific details about the current management team's background, experience, and the precise ownership structure are not provided. However, the success of an NBFC heavily relies on effective risk management, astute capital allocation, and a clear growth strategy formulated by its leadership.

8. Outlook

TTI Enterprise Ltd., as an NBFC in India, operates within a dynamic and growth-oriented financial sector. The potential for growth is supported by India's overall economic expansion and the persistent demand for credit from various segments, particularly those underserved by traditional banking. However, the company faces inherent challenges including intense competition from a wide array of financial institutions, the constant need for effective risk management (especially credit and liquidity risks), and navigating an evolving regulatory landscape. Its future performance will largely depend on its ability to prudently manage its loan book, maintain adequate capital, secure funding at competitive rates, and potentially identify and capitalize on niche market opportunities while mitigating sector-specific risks.

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TTI Enterprise Key Financials

Market Cap ₹24 Cr.

Stock P/E 26.8

P/B 0.9

Current Price ₹9.6

Book Value ₹ 11.2

Face Value 10

52W High ₹12

Dividend Yield 0%

52W Low ₹ 6

TTI Enterprise Share Price

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Volume
Price

TTI Enterprise Quarterly Price

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TTI Enterprise Peer Comparison

TTI Enterprise 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 1 1 1 1 1 1 1 1 1 1
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 1 1 1 1 1 1 1 1 1
Total Expenditure 2 0 0 0 0 0 2 0 0 0
Operating Profit -1 1 1 1 1 1 -1 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 -1 1 1 1 1 1 -1 0 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -1 1 1 1 1 1 -1 0 0 0
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments -1 1 1 1 1 1 -1 0 0 0
Adjusted Earnings Per Share -0.2 0.2 0.2 0.2 0.3 0.3 -0.4 0.2 0.2 0

TTI Enterprise 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 2 3 5 3 3 2 10 14 3 3 3 4
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 2 3 5 3 3 2 10 14 3 3 3 4
Total Expenditure 2 3 5 3 2 2 9 14 3 3 2 2
Operating Profit 0 0 0 0 0 -0 0 -0 -0 0 1 -1
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 1 -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 1 -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 1 -1
Adjusted Earnings Per Share -0 0 0 0.1 0 -0.1 0.1 0 -0.1 0.1 0.4 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -40% 8% 4%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -9% -8% 37% -3%
ROE Average 3% 1% 1% 0%
ROCE Average 3% 2% 1% 1%

TTI Enterprise 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 26 26 26 26 27 27 27 27 27 27 28
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 0 1 1
Other Liabilities & Provisions 0 0 0 0 0 -0 0 -0 -0 -0 -0
Total Liabilities 26 26 26 27 27 27 27 27 27 28 29
Loans 0 0 0 0 0 0 0 0 0 0 0
Investments 2 2 1 2 0 0 0 0 0 0 0
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Loans 0 0 0 0 0 0 0 0 0 0 0
Other Non Current Assets 0 0 0 0 0 0 0 0 0 0 0
Current Assets 24 25 26 24 27 27 27 27 27 28 29
Total Assets 26 26 26 27 27 27 27 27 27 28 29

TTI Enterprise 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 1 1 0 1 0 1 0 0 1 0
Cash Flow from Operating Activities -1 -10 0 8 -4 -7 -2 11 2 5 -68
Cash Flow from Investing Activities 1 10 -1 -7 3 8 1 -11 -2 -6 -1
Cash Flow from Financing Activities 0 0 0 0 0 0 0 0 0 0 0
Net Cash Inflow / Outflow 0 0 -1 1 -1 1 -1 -0 1 -1 -69
Closing Cash & Cash Equivalent 1 1 0 1 0 1 0 0 1 0 -69

TTI Enterprise 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) -0.01 0.04 0.03 0.08 0.03 -0.1 0.06 0.02 -0.1 0.09 0.36
CEPS(Rs) -0.01 0.04 0.03 0.08 0.03 -0.1 0.06 0.02 -0.09 0.09 0.36
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 10.23 10.28 10.31 10.39 10.56 10.46 10.52 10.55 10.45 10.54 10.9
Net Profit Margin -0.8 3.57 1.45 7.22 3.08 -14.5 1.68 0.4 -8.26 7.6 32.05
Operating Margin 0.74 4.48 4.26 9.68 3.23 -10.62 2.07 -0.43 -2.09 11.53 34.82
PBT Margin 0.74 4.48 4.26 9.68 3.23 -10.62 2.07 -0.43 -2.09 9.62 32.1
ROA(%) -0.06 0.43 0.28 0.79 0.29 -0.96 0.6 0.21 -0.96 0.83 3.18
ROE(%) -0.06 0.43 0.28 0.8 0.29 -0.96 0.6 0.21 -0.96 0.85 3.34
ROCE(%) 0.05 0.54 0.82 1.07 0.31 -0.7 0.75 -0.23 -0.24 1.26 3.48
Price/Earnings(x) 0 384.09 108.8 13.92 47.39 0 16.61 440 0 153.76 26.26
Price/Book(x) 12.73 1.64 0.3 0.11 0.14 0.04 0.1 0.94 1.1 1.3 0.86
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 183.21 13.54 1.57 0.66 1.44 -0.56 0.27 1.68 7.97 12.06 8.75
EV/Core EBITDA(x) 3206.51 302.38 36.84 6.87 44.71 5.23 13.15 -388.67 -607.34 101.96 25.03
Interest Earned Growth(%) -19.29 73.32 60 -41.87 -13.15 -30.12 442.84 50.32 -78.41 -4.19 -4.61
Net Profit Growth -147.42 877.81 -35.19 189.87 -62.95 -429.11 162.78 -64.36 -548.22 188.23 302.12
EPS Growth(%) -145.83 900 -35.24 189.9 -62.95 -429.15 162.75 -64.4 -548.89 188.22 302.24
Interest Coverage(x) % 297.16 0 0 0 0 0 0 0 0 6.02 12.81

TTI Enterprise Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 62.23 62.23 62.23 62.23 62.23 39.36 39.36 39.36 39.36 18.74
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 37.77 37.77 37.77 37.77 37.77 60.64 60.64 60.64 60.64 81.26
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

TTI Enterprise News

TTI Enterprise Pros & Cons

Pros

  • Stock is trading at 0.9 times its book value
  • Debtor days have improved from 1.64 to 0days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 18.74%.
  • Company has a low return on equity of 1% over the last 3 years.
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