1. India Stocks

  2. •

    Financial Services

  3. •

    Investment - Banking & Investment Services
Explicit Finance Limited

Explicit Finance Limited

EXPLICITFIN.BO
Explicit Finance LimitedIN flagBombay Stock Exchange
8.67
INR
- -
- -
80.35MMarket Cap
Explicit Finance Limited
EXPLICITFIN.BO
(Bombay Stock Exchange)

Recent

price

8.67

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
17.65
41.56
2.5
8.52
7.78
6.1
5.97
13.16
4.91
7.76
7.19
12.98
24.67
10.14
7.3
- -
3.59
Revenue per Share
-0.1
0.19
-0.03
-0.07
- -
- -
-0.39
-0.15
-0.09
-0.02
-0.03
-0.3
0.01
0.02
-0.01
- -
-0.01
Basic EPS, GAAP
-0.1
-10.32
-3.28
0.44
-0.32
0.21
-0.01
1.28
-0.37
-0.05
-0.57
0.36
0.95
-0.44
0.75
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10
13.76
12.14
9.48
9.48
9.48
9.1
8.95
8.55
8.39
8.81
8.51
8.52
8.53
8.53
- -
10.17
Book Value per Share
8.59
17.62
12.14
9.48
9.48
9.48
9.1
8.67
8.55
8.39
8.81
8.51
8.52
8.53
8.53
- -
8.66
Tangible Book Value per Share
3
4
7
9
9
9
9
9
9
9
9
9
9
9
9
- -
9
Basic Weighted Avg Shares
58
163
18
79
72
57
55
122
45
72
67
120
229
94
68
33
33
Sales/Revenue/Turnover
-1.45
-0.19
-16.86
-6.96
0.14
0.4
-1.24
-1.21
-4.04
-0.67
2.72
11.26
0.62
3.99
-0.41
-0.27
-0.28
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
1
- -
-1
- -
- -
-4
-1
-1
- -
- -
-3
- -
- -
- -
- -
- -
Net Income, GAAP
- -
10.62
- -
- -
- -
87.86
- -
- -
- -
- -
- -
- -
- -
16.48
- -
- -
- -
Effective Tax Rate (%)
-0.55
0.46
-1.27
-0.88
- -
0.01
-6.53
-1.12
-1.87
-0.25
-0.44
-2.28
0.04
0.16
-0.07
-0.27
-0.27
Profit Margin (%)
25
65
85
85
85
87
84
82
80
76
23
22
21
17
21
80
80
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
28
69
89
88
88
88
84
80
79
78
82
79
79
79
79
79
79
Total Equity
- -
-0.57
- -
- -
- -
0.03
- -
- -
- -
- -
- -
- -
1.79
3.96
- -
- -
- -
Return on Invested Capital (%)
- -
1.73
- -
- -
- -
0.04
- -
- -
- -
- -
- -
- -
0.21
0.19
- -
- -
- -
Return on Capital (%)
-0.97
1.73
-0.33
-0.79
- -
0.01
-4.19
-1.64
-1.05
-0.23
-0.37
-3.42
0.11
0.19
-0.06
-0.1
-0.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
- -
9
Market Capitalization
140
127
97

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
79
- -
80
Cash, Cash Equivalents & STI
4
- -
3
Accounts Receivable, Net
- -
- -
- -
Inventories
2
- -
1
Total Current Liabilities
- -
- -
- -
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
-1.03%
-0.65%
-0.11%
Free Cash Flow
-1,186.09%
-149.8%
-334.67%
Net Income, GAAP
-6,751.65%
152.82%
85.11%
Sales/Revenue/Turnover
13.84%
6.39%
-51.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
27
34
29
94
2025
14
18
12
24
68
2026
9
8
9
7
33

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.11
0.39
- -
0.02
2025
-0.1
0.04
0.09
-0.03
-0.01
2026
0.11
-0.12
0.16
-0.16
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Kenanga Investment Bank Bhd. (6483.KL)
Unbound Group plc (ETIVF)
Amarnath Securities Limited (AMARSEC.BO)
Aryan Share & Stock Brokers Lt (ARYAN.BO)
Blackstone / GSO Floating Rate Enhanced Income Fund (BGFLX)
Integra Capital Ltd. (INTCAPL.BO)
Business
Explicit Finance Limited (EXPLICITFIN.BO) operates as a non-banking finance company in India, primarily engaged in investments, trading in securities, and finance activities; it provides individual and corporate finance, loans against shares and securities, loans against property, and financial consultancy services. Incorporated in 1994 and headquartered in Thane near Mumbai, the company, formerly known as Shubhyog Finlease Limited, focuses on secondary capital market operations and maintains a net worth of approximately Rs. 88 million as of recent filings; its shares are listed on the Bombay Stock Exchange. The enterprise serves individual and corporate clients within India, managed by finance professionals including chartered accountants. In August 2025, Explicit Finance approved its Q1 2025 financial results, appointed a new Chief Financial Officer and Independent Director, and scheduled its Annual General Meeting for September 30, 2025; the prior CFO resigned in July 2025 for career advancement, reflecting ongoing leadership adjustments.