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VB Desai Fin.Service Overview

VB Desai Financial Services Ltd. is an Indian financial services company based in Mumbai, Maharashtra, and is publicly listed on the Bombay Stock Exchange. The company operates in the non‑banking finance and investment sector, offering a range of financial activities including investment in shares and securities, merchant trading, corporate advisory, underwriting and portfolio management services. VB Desai’s business model focuses on generating income through strategic investments, trading gains, advisory fees and financial market operation...Read More

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VB Desai Fin.Service Key Financials

Market Cap ₹7 Cr.

Stock P/E 12.8

P/B 0.6

Current Price ₹15.8

Book Value ₹ 28.1

Face Value 10

52W High ₹37.6

Dividend Yield 0%

52W Low ₹ 11.6

VB Desai Fin.Service Share Price

₹ | |

Volume
Price

VB Desai Fin.Service Quarterly Price

Show Value Show %

VB Desai Fin.Service Peer Comparison

VB Desai Fin.Service 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
Net Sales 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 0 1 1 1 1 1 1 1 1 1
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 0.1 0.2 0.4 0.3 0.2 0.3 0.4 0.4 0.5 0.5

VB Desai Fin.Service 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 1 1 1 1 2 2 2 3 2 3 3 4
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 1 1 1 1 2 3 2 3 3 3 3 4
Total Expenditure 1 1 1 1 2 2 2 2 2 3 3 4
Operating Profit 0 0 0 0 1 1 0 0 0 1 1 0
Interest 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
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 1 1 0 0 0 1 1 0
Provision for Tax -0 0 -0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 1 0 0 0 0 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 1 0 0 0 0 1 0
Adjusted Earnings Per Share 0.8 0.6 0.3 0.2 1 1.3 0.4 0.8 0.7 1 1.2 1.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 8% 12%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -58% 13% 38% 6%
ROE Average 5% 4% 3% 3%
ROCE Average 7% 5% 5% 4%

VB Desai Fin.Service 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 9 9 9 9 10 10 10 11 11 11 12
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
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 -0 -0 0
Total Current Liabilities 0 0 0 0 0 0 0 0 1 1 0
Total Liabilities 9 9 9 10 10 11 11 11 11 12 13
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 8 8 9 9 10 10 10 10 11 11 11
Total Current Assets 1 1 1 0 0 1 1 1 1 1 2
Total Assets 9 9 9 10 10 11 11 11 11 12 13

VB Desai Fin.Service 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 1 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 1 0 -0 2 2 -0 -0 0 -0 0 -8
Cash Flow from Investing Activities -1 -0 -0 -2 -2 0 0 -0 -0 0 8
Cash Flow from Financing Activities -0 0 -0 -0 0 0 0 0 0 0 0
Net Cash Inflow / Outflow -0 0 -0 -0 0 -0 -0 0 -0 0 0
Closing Cash & Cash Equivalent 0 1 0 0 0 0 0 0 0 0 1

VB Desai Fin.Service 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) 0.82 0.59 0.31 0.17 1 1.31 0.43 0.79 0.68 1.03 1.23
CEPS(Rs) 0.91 0.66 0.37 0.25 1.08 1.36 0.44 0.81 0.7 1.03 1.24
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 19.32 19.91 20.19 20.3 21.11 22.41 22.84 23.63 24.32 25.35 26.58
Core EBITDA Margin(%) 30.82 14.84 -12.81 1.85 22.72 25.24 8.95 12.77 6.78 14.07 9.69
EBIT Margin(%) 27.52 27.91 16.24 17.79 24.37 28.61 15.77 18.35 17.87 19.85 27.14
Pre Tax Margin(%) 27.46 27.74 14.67 17.7 24.37 28.61 15.77 18.35 17.87 19.85 27.14
PAT Margin (%) 29.51 21.93 15.81 6.34 21.36 23.76 9.64 13.49 12.46 14.98 19.74
Cash Profit Margin (%) 32.98 24.61 19.4 9.09 23 24.75 9.96 13.73 12.79 15.02 19.86
ROA(%) 4.14 2.91 1.47 0.81 4.62 5.73 1.82 3.27 2.73 3.96 4.54
ROE(%) 4.32 2.99 1.52 0.85 4.84 6 1.89 3.41 2.85 4.16 4.75
ROCE(%) 4.02 3.78 1.56 2.38 5.52 7.22 3.1 4.63 4.09 5.5 6.53
Receivable days 598.82 23.32 43.76 34.7 23.84 25.06 29.65 28.28 47.48 47.48 46.85
Inventory Days 8.95 7.26 12.85 10.17 4.61 2.19 1.27 1.23 1.53 1.49 1.95
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 13.46 12.65 36.88 64.37 6.49 2.53 7.93 15.6 12.54 16.09 27.69
Price/Book(x) 0.57 0.37 0.56 0.54 0.31 0.15 0.15 0.52 0.35 0.65 1.29
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 3.8 2.41 5.5 4.02 1.33 0.55 0.72 2.02 1.53 2.28 5.26
EV/Core EBITDA(x) 12.27 7.89 27.76 19.59 5.1 1.87 4.45 10.89 8.41 11.46 19.3
Net Sales Growth(%) 19.91 -3.56 -27.73 40.24 73.37 17.1 -19.08 31.96 -6.47 25.53 -9.27
EBIT Growth(%) 3919.25 -2.19 -57.96 53.62 137.59 37.43 -55.38 53.53 -8.92 39.45 24.04
PAT Growth(%) 480.28 -28.32 -47.92 -43.78 484.46 30.27 -67.17 84.65 -13.59 50.86 19.61
EPS Growth(%) 480.31 -28.33 -47.92 -43.78 484.46 30.27 -67.17 84.63 -13.58 50.85 19.61
Debt/Equity(x) 0 0.01 0 0 0 0 0 0 0 0 0
Current Ratio(x) 6 4.96 2.73 1.55 1.6 3.31 3.4 1.74 1.61 1.85 5.3
Quick Ratio(x) 5.78 4.83 2.58 1.44 1.52 3.28 3.37 1.71 1.59 1.83 5.26
Interest Cover(x) 444.64 165.4 10.34 216.16 0 0 0 0 0 0 0
Total Debt/Mcap(x) 0 0.02 0 0 0 0 0 0 0 0 0

VB Desai Fin.Service Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 42.27 42.27 42.27 42.27 42.27 42.27 42.27 42.27 42.27 42.27
FII 1.11 1.11 1.11 1.11 0.99 0.99 0.94 0.94 0.94 0.94
DII 0 0 0 0 0 0 0 0 0 0
Public 56.62 56.62 56.62 56.62 56.74 56.74 56.79 56.79 56.79 56.79
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

VB Desai Fin.Service News

VB Desai Fin.Service Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 42.27%.
  • Company has a low return on equity of 4% over the last 3 years.
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