Hybrid Financial Services Ltd.

Hybrid Financial Services Ltd.

15.87
INR
+0.05
(+0.32%)
0.87EPS
22.70P/E
581.66MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.64
0.74
0.57
0.83
0.88
0.55
0.66
0.8
1.16
0.84
1.17
1.39
1.24
1.7
Basic EPS, GAAP
0.13
0.49
0.34
0.47
0.41
0.24
0.21
0.13
0.55
0.17
0.66
1.3
0.92
0.87
Free Cash Flow per Basic Share
0.06
- -
- -
0.07
0.14
-0.1
-0.15
-0.01
0.03
- -
0.45
-1.25
0.23
- -
Dividend per Share
- -
- -
- -
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
- -
- -
Book Value per Share
4.51
4.87
4.97
7.05
8.46
6.27
6.03
8.23
8.22
7.75
10.2
13.31
15
- -
Tangible Book Value per Share
4.49
4.87
4.97
7.04
8.45
6.26
6.02
8.23
8.22
7.75
10.2
13.31
14.99
- -
Basic Weighted Avg Shares
29
32
30
29
29
29
29
29
29
29
29
29
29
29
Sales/Revenue/Turnover
19
23
17
24
26
16
19
24
34
25
34
41
37
50
Operating Margin (%)
-27.8
-37.02
-61.72
-7.89
-1.83
-72.94
-35.04
11.73
19.85
-1.05
14.5
23.95
16.17
31.26
Depreciation Expense
1
2
1
1
1
1
1
1
1
1
1
1
1
1
Net Income, GAAP
4
16
10
14
12
7
6
4
16
5
19
38
27
25
Effective Tax Rate (%)
31.62
9.25
10.79
16.87
21.41
4.61
5.78
18.83
11.19
25.26
9.86
0.56
- -
0.07
Profit Margin (%)
20.19
66.6
60.16
56.77
46.14
43.63
31.26
16.84
47.84
20.55
56.45
93.64
73.83
51.06
Working Capital
97
90
97
107
114
127
130
137
146
155
166
194
210
- -
LT Debt
- -
- -
24
21
21
21
21
21
21
21
21
14
7
- -
Total Equity
133
144
150
207
249
185
177
242
242
228
300
392
442
- -
Return on Invested Capital (%)
- -
-6.08
-6.45
0.69
1.32
-2.55
-3.18
-0.54
3.11
-1.24
1.35
2.15
- -
- -
Return on Capital (%)
- -
11.23
6.8
6.93
4.82
3.08
3.02
1.74
6.29
2.01
6.81
10.56
- -
- -
Return on Common Equity (%)
- -
11.31
6.99
7.74
5.24
3.24
3.34
1.89
6.74
2.15
7.34
11.09
6.48
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
7
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
571
471
582

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
224
- -
Cash, Cash Equivalents & STI
- -
212
- -
Accounts Receivable, Net
- -
2
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
14
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.44%
13.8%
12.68%
Free Cash Flow
- -
-3,304.07%
-118.12%
Net Income, GAAP
52.55%
118.72%
-29.63%
Sales/Revenue/Turnover
11.84%
12.98%
-10.74%
Total Cash Common Dividend
- -
- -
-33.33%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
14
18
13
11
41
2026
10
15
12
12
37
2027
11
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.46
0.38
0.11
0.36
1.3
2026
0.25
0.37
0.15
0.15
0.92
2027
0.2
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Nandakishore Raghunath Divate
Full Time Employees
3
Sector
Finance
Industry
Investment banks/Brokers
Address
104, Sterling Centre Mumbai MA India 400093
IPO Date
Oct 27, 1994
Business
Hybrid Financial Services Limited, founded in 1986 and headquartered in Mumbai, India, operates primarily in the financial services sector. The company offers a broad array of financial products and services including equipment leasing and hire purchase financing; loan syndication; bill discounting; merchant banking services encompassing corporate finance, investment banking, and advisory; consumer finance; and resource mobilization. Hybrid Financial also provides management consulting, debt recovery advisory, and consultancy across financial, commercial, legal, direct and indirect taxation, and accountancy domains. It serves a diverse client base across India with operations including regional offices in key cities such as Delhi, Chennai, Ahmedabad, and Baroda. In recent developments, Hybrid Financial Services Limited completed the merger of its wholly owned subsidiary with the parent company, following approval by the National Company Law Tribunal (NCLT) in 2025, aimed at streamlining operations and enhancing corporate governance. The company continues to maintain a strong focus on expanding its financial supermarket model to consolidate a wide range of financial solutions under one roof. Hybrid Financial also reported robust revenue growth, with a significant annual increase outperforming its three-year compounded annual growth rate, reflecting strengthened operational efficiency and market presence. The promoter holding stands robust, and the company sustains its strategy of deepening market penetration through selective financial product offerings and strategic business realignments. Hybrid Financial Services Limited is promoted by Mafatlal Industries Ltd and maintains a Category I Merchant Banker registration with the Securities and Exchange Board of India (SEBI). It operates through subsidiaries such as Mafatlal Securities Ltd, which is a member of the National Stock Exchange and Other Stock Exchanges for wholesale debt instruments and equity securities. The company’s integrated service offerings position it within the capital markets and financial services industry segments, targeting corporate clients, financial institutions, and retail consumers for financing and advisory solutions. The firm’s continuous enhancement of its merchant banking and leasing portfolios, alongside strategic consolidations, underscores its commitment to evolving as a comprehensive financial services provider in the Indian market.