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CSL Finance Limited

CSL Finance Limited

CSLFINANCE.NS
CSL Finance LimitedIN flagNational Stock Exchange of India
220.26
INR
-4.89
- -
5.02BMarket Cap
CSL Finance Limited
CSLFINANCE.NS
(National Stock Exchange of India)

Recent

price

220.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
136.84
222.83
80.93
80.89
66.29
10.46
28.77
25.84
32.21
33.1
33.52
38.47
55.24
73.53
92.56
110.47
110.45
Revenue per Share
7.16
3.97
3.22
5.16
5.69
9.3
11.69
11.29
13.34
12.29
15.03
17.83
22.01
28.63
31.64
37.8
37.79
Basic EPS, GAAP
-16.23
3.37
-3.24
4.08
-2.45
-13.34
-9.68
-68.16
-9.26
17.92
11.99
-86.29
-81.35
-58.36
-45.68
-25.63
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.35
0.58
0.8
0.81
0.97
2.45
2.53
2.5
3
- -
Dividend per Share
41.45
49.49
43
44.61
48.89
56.32
65.27
66.79
69.89
77.3
86.2
100.73
92.76
108.2
9.86
9.87
9.87
Book Value per Share
49.45
63.13
53.47
55.38
60.73
70.03
81.32
114.54
118.08
127.19
141.48
171.27
174.65
214.24
237.41
272.5
272.43
Tangible Book Value per Share
11
10
13
14
14
14
14
16
18
18
18
19
21
22
23
23
23
Basic Weighted Avg Shares
1,549
2,311
1,058
1,130
931
147
404
414
575
605
614
722
1,145
1,627
2,109
2,517
2,517
Sales/Revenue/Turnover
10.43
3.54
6.8
9.78
13.73
-76.93
58.23
63.14
59.83
62.03
71.74
63.8
54.66
53.54
49.17
46.98
46.98
Operating Margin (%)
1
- -
1
1
1
1
1
2
6
7
6
7
10
14
17
21
21
Depreciation Expense
81
41
42
72
80
131
164
181
238
225
275
334
456
634
721
861
861
Net Income, GAAP
28.64
32.78
29.47
27.89
34.85
29.39
30.95
29.88
30.13
29.2
30.06
25.26
25.85
25.98
25.59
23.19
23.19
Effective Tax Rate (%)
5.23
1.78
3.97
6.38
8.58
88.91
40.62
43.71
41.4
37.14
44.82
46.34
39.84
38.94
34.18
34.22
34.22
Profit Margin (%)
499
559
513
527
809
971
1,132
2,809
46
359
909
609
1,109
534
12,294
14,692
14,692
Working Capital
- -
2
1
1
1
1
2
1,025
366
126
449
1,605
2,155
2,900
6,971
8,557
8,557
LT Debt
560
655
699
773
853
984
1,142
1,834
2,107
2,326
2,592
3,215
3,625
4,748
5,416
6,216
6,216
Total Equity
19.04
8.13
6.83
9.73
9.85
-8.18
12.75
7.35
7
7.97
9.1
7.87
7.12
7.35
6.96
6.69
6.69
Return on Invested Capital (%)
22.26
7.35
6.97
11.79
12.76
17.68
15.99
9.1
9.13
9.27
11.49
10.54
9.18
9.43
9.87
10.78
10.78
Return on Capital (%)
17.93
8.39
7.82
12.16
12.2
17.67
19.23
18.21
20.55
16.9
18.4
19.29
23.93
29.35
55.05
383.2
383.2
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
7,951
- -
8,542
LT Finance Leases
19
- -
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
- -
22
Market Capitalization
6,557
6,885
5,013

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
13,693
- -
14,718
Cash, Cash Equivalents & STI
891
- -
927
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
20
- -
26
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21%
19.32%
14.76%
Free Cash Flow
-66.02%
-183.85%
-43.92%
Net Income, GAAP
21.44%
26%
19.44%
Sales/Revenue/Turnover
39.05%
33.44%
19.33%
Total Cash Common Dividend
- -
46.67%
20%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
344
377
450
455
1,627
2025
505
524
525
555
2,109
2026
585
617
632
683
2,517

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.39
7.04
7.34
- -
28.63
2025
8.12
7.84
7.36
8.32
31.64
2026
9.36
10.73
9.18
8.52
37.8

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.53
2025
- -
- -
- -
- -
2.5
2026
- -
- -
- -
- -
3
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Business
CSL Finance Limited (CSLFINANCE.NS), a non-banking financial company registered with the Reserve Bank of India and listed on the National Stock Exchange and Bombay Stock Exchange, provides secured lending solutions to small and medium-sized enterprises, real estate developers, and non-real estate corporates. Incorporated on December 28, 1992, and headquartered in Noida, Uttar Pradesh, with a registered office in New Delhi, the company offers wholesale financing products including structured loans for mid-income and affordable group housing projects with average ticket sizes of INR 9 crore, construction finance for single plotted projects at INR 6 crore average, and term loans against self-occupied residential or commercial properties and liquid securities at INR 5 crore average; its SME financing portfolio features retail collateral-based business loans to MSMEs, kirana stores, traders, schools, manufacturers, and salaried professionals up to INR 50 lakh with tenures of 2-8 years, mid-sized loans against property for working capital or expansion up to INR 2 crore average, and its first unsecured product Suvidha. CSL Finance operates 45 branches across six states in northern and western India including Uttar Pradesh, Delhi, Haryana, Punjab, Rajasthan, Uttarakhand, and plans further expansion to 60 branches by fiscal year 2026 end using a hub-and-spoke model, targeting assets under management of INR 1,500-1,600 crore by then with increased SME retail contribution to 45% from 35-36%. Recent developments include surpassing INR 1,000 crore in assets under management with 29 branches, raising INR 49 crore in equity, launching the unsecured Suvidha loan product, achieving 29% year-on-year AUM growth to INR 1,397 crore as of Q2 fiscal 2026, reporting net profit of INR 24.46 crore up 37% year-on-year for September 2025 quarter, and adding two new branches amid improved asset quality with gross NPA at 0.51%.