Other Financial Services industry

137 companies · ₹70,291 cr · 4 with AI deep dives · Q1FY27 report

Mid cyclemargin range-bound near 0.0%
Revenue YoY
+24.5%
EBITDA margin
0.0%
0bps YoY
Price, 1 year
+12.9%
60% of names up
P/E vs own 5y
+120.9%
60.3x now

Exhibit 1The quarter in numbers

constant panel of 8 companies above ₹500 cr
aggregate revenue (₹ cr)EBITDA margin (right axis)
Revenue
Jun 26
2,235 cr
Mar 26
2,491 cr
QoQ
-10.3%
Jun 25
1,795 cr
YoY
+24.5%
Peak
2,491 cr
vs peak
-10.3%
EBITDA margin
Jun 26
0.0%
Mar 26
0.0%
QoQ
0bps
Jun 25
0.0%
YoY
0bps
Peak
0.0%
vs peak
0bps

Breadth: 63% of 8 companies grew revenue year on year (was 75% a quarter earlier) and 0% expanded margin (was 0%).

Exhibit 2What it costs

28.35x - 89.22x across the panel today

The median name trades at 60.3x, +120.9% against this industry's own 5-year median of 27.3x, and +14.4% against its own peak of 52.7x.

Exhibit 3Structure

₹70,291 cr

Crisil Limited is 49% of this industry by market cap. The top 5 are 81.1% and the top 10 are 88.4%.

mid 2small 5micro 12311 above ₹500 cr

Exhibit 5Coverage (25 of 137)

Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.

Mcap
₹34,356 cr
P/E
39.0x
EV/EBITDA
-
ROCE
32.8%
Margin
-
Rev YoY
+27.6%
Mcap
₹5,526 cr
P/E
20.0x
EV/EBITDA
-
ROCE
32.9%
Margin
-
Rev YoY
-
Mcap
₹917 cr
P/E
26.9x
EV/EBITDA
-
ROCE
30.3%
Margin
-
Rev YoY
-42.3%
Mcap
₹862 cr
P/E
24.8x
EV/EBITDA
-
ROCE
23.3%
Margin
-
Rev YoY
-
Mcap
₹11,409 cr
P/E
-
EV/EBITDA
-
ROCE
-48.1%
Margin
-
Rev YoY
+100.0%
Mcap
₹3,372 cr
P/E
91.8x
EV/EBITDA
-
ROCE
3.5%
Margin
-
Rev YoY
-20.0%
Mcap
₹2,701 cr
P/E
-
EV/EBITDA
-
ROCE
21.5%
Margin
-
Rev YoY
+49.8%
Mcap
₹1,343 cr
P/E
83.1x
EV/EBITDA
-
ROCE
5.3%
Margin
-
Rev YoY
-
Mcap
₹1,100 cr
P/E
-
EV/EBITDA
-
ROCE
14.7%
Margin
-
Rev YoY
+7.8%
Mcap
₹961 cr
P/E
109.5x
EV/EBITDA
-
ROCE
2.6%
Margin
-
Rev YoY
-27.1%
Mcap
₹574 cr
P/E
-
EV/EBITDA
-
ROCE
-58.1%
Margin
-
Rev YoY
+408.2%
Mcap
₹502 cr
P/E
15.5x
EV/EBITDA
-
ROCE
8.8%
Margin
-
Rev YoY
-15.3%
Mcap
₹466 cr
P/E
16.4x
EV/EBITDA
-
ROCE
35.1%
Margin
-
Rev YoY
+88.7%
Mcap
₹423 cr
P/E
-
EV/EBITDA
-
ROCE
3.8%
Margin
-
Rev YoY
+9.5%
Mcap
₹412 cr
P/E
37.7x
EV/EBITDA
-
ROCE
8.6%
Margin
-
Rev YoY
-
Mcap
₹276 cr
P/E
38.3x
EV/EBITDA
-
ROCE
18.5%
Margin
-
Rev YoY
+6017.6%
Mcap
₹259 cr
P/E
-
EV/EBITDA
-
ROCE
-5.7%
Margin
-
Rev YoY
+106.2%
Mcap
₹247 cr
P/E
-
EV/EBITDA
-
ROCE
-0.2%
Margin
-
Rev YoY
+56.4%
Mcap
₹244 cr
P/E
11.9x
EV/EBITDA
-
ROCE
23.8%
Margin
-
Rev YoY
+38.9%
Mcap
₹219 cr
P/E
19.1x
EV/EBITDA
-
ROCE
15.0%
Margin
-
Rev YoY
+57.4%
Mcap
₹209 cr
P/E
106.0x
EV/EBITDA
-
ROCE
1.1%
Margin
-
Rev YoY
-
Mcap
₹191 cr
P/E
35.3x
EV/EBITDA
-
ROCE
67.2%
Margin
-
Rev YoY
+800.0%
Mcap
₹152 cr
P/E
-
EV/EBITDA
-
ROCE
0.6%
Margin
-
Rev YoY
+20.0%
Mcap
₹150 cr
P/E
-
EV/EBITDA
-
ROCE
3.8%
Margin
-
Rev YoY
-2.5%
Mcap
₹148 cr
P/E
22.3x
EV/EBITDA
-
ROCE
17.9%
Margin
-
Rev YoY
+18.5%

Exhibit 6What managements said

from Finance earnings calls · as of 2026-06-30
tailwindBroad-based NBFC/HFC AUM and disbursement growth of 15 - 30%+ YoY11 managements

At least eleven covered lenders reported double-digit AUM expansion: Bajaj Finance (+24% to ₹5.47 lakh crore), Cholamandalam (+23%), Tata Capital (+22%), Aditya Birla Capital NBFC…

  • BAJFINANCE (Q1 FY27): “AUM, we added a record INR37,000 crores of AUM in a quarter. Profit growth was strong at…
7 more themes from this quarter's earnings calls are locked. A free account opens 3 full reports a quarter: every theme with verbatim management quotes, the demand picture, companies running against the tide, and the regulatory & disruption watch. Sign up free →

Exhibit 7Outlook

The outlook and what resolves next quarter

Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.

Create a free account

AppendixThe other 112 companies

1-30
sort: mcap · composite · name
Mcap
₹146 cr
P/E
1.0x
EV/EBITDA
-
ROCE
0.0%
Margin
-
Rev YoY
0.0%
Mcap
₹142 cr
P/E
30.0x
EV/EBITDA
-
ROCE
12.1%
Margin
-
Rev YoY
-
Mcap
₹141 cr
P/E
15.3x
EV/EBITDA
-
ROCE
14.7%
Margin
-
Rev YoY
+45.9%
Mcap
₹131 cr
P/E
21.0x
EV/EBITDA
-
ROCE
10.5%
Margin
-
Rev YoY
+684.7%
Mcap
₹127 cr
P/E
-
EV/EBITDA
-
ROCE
4.4%
Margin
-
Rev YoY
+254.0%
Mcap
₹125 cr
P/E
26.7x
EV/EBITDA
-
ROCE
8.3%
Margin
-
Rev YoY
-100.0%
Mcap
₹119 cr
P/E
5.8x
EV/EBITDA
-
ROCE
2.3%
Margin
-
Rev YoY
+1.9%
Mcap
₹108 cr
P/E
8.3x
EV/EBITDA
-
ROCE
8.5%
Margin
-
Rev YoY
-81.9%
Mcap
₹105 cr
P/E
7.3x
EV/EBITDA
-
ROCE
8.0%
Margin
-
Rev YoY
-56.2%
Mcap
₹87 cr
P/E
-
EV/EBITDA
-
ROCE
-0.1%
Margin
-
Rev YoY
-96.4%
Mcap
₹86 cr
P/E
29.4x
EV/EBITDA
-
ROCE
5.8%
Margin
-
Rev YoY
+29.4%
Mcap
₹85 cr
P/E
-
EV/EBITDA
-
ROCE
-7.6%
Margin
-
Rev YoY
-5.9%
Mcap
₹78 cr
P/E
8.4x
EV/EBITDA
-
ROCE
17.4%
Margin
-
Rev YoY
+24.3%
Mcap
₹77 cr
P/E
9.3x
EV/EBITDA
-
ROCE
5.6%
Margin
-
Rev YoY
+184.0%
Mcap
₹77 cr
P/E
-
EV/EBITDA
-
ROCE
-
Margin
-
Rev YoY
-63.2%
Mcap
₹76 cr
P/E
7.3x
EV/EBITDA
-
ROCE
25.5%
Margin
-
Rev YoY
+26.3%
Mcap
₹73 cr
P/E
7.4x
EV/EBITDA
-
ROCE
19.5%
Margin
-
Rev YoY
+38.3%
Mcap
₹69 cr
P/E
17.9x
EV/EBITDA
-
ROCE
1.8%
Margin
-
Rev YoY
+34.5%
Mcap
₹65 cr
P/E
22.3x
EV/EBITDA
-
ROCE
9.5%
Margin
-
Rev YoY
+163.6%
Mcap
₹62 cr
P/E
-
EV/EBITDA
-
ROCE
1.4%
Margin
-
Rev YoY
-3.6%
Mcap
₹60 cr
P/E
103.0x
EV/EBITDA
-
ROCE
1.5%
Margin
-
Rev YoY
-75.9%
Mcap
₹58 cr
P/E
9.3x
EV/EBITDA
-
ROCE
9.2%
Margin
-
Rev YoY
+87.0%
Mcap
₹57 cr
P/E
-
EV/EBITDA
-
ROCE
-7.6%
Margin
-
Rev YoY
+150.0%
Mcap
₹55 cr
P/E
184.2x
EV/EBITDA
-
ROCE
0.2%
Margin
-
Rev YoY
-40.0%
Mcap
₹53 cr
P/E
10.5x
EV/EBITDA
-
ROCE
9.0%
Margin
-
Rev YoY
+5.5%
Mcap
₹45 cr
P/E
-
EV/EBITDA
-
ROCE
-17.2%
Margin
-
Rev YoY
-5.5%
Mcap
₹44 cr
P/E
15.8x
EV/EBITDA
-
ROCE
5.8%
Margin
-
Rev YoY
-
Mcap
₹42 cr
P/E
-
EV/EBITDA
-
ROCE
-0.1%
Margin
-
Rev YoY
+2.9%
Mcap
₹41 cr
P/E
48.0x
EV/EBITDA
-
ROCE
1.2%
Margin
-
Rev YoY
+124.4%
Mcap
₹39 cr
P/E
-
EV/EBITDA
-
ROCE
-6.7%
Margin
-
Rev YoY
-

82 more companies

This industry has 112 constituents beyond the covered names. The first page is free; premium opens the rest.

See plans