Business Update Positive

2026-11-05 18:04

Management Guidance & Outlook - Targeting 35% CAGR disbursement growth over the next 3 years with FY29 PAT targeted at ₹450-500 Cr. - Targeting ROAA of ~2% by H2 FY28 as legacy pre-tightening book runs off. - Normalized credit costs guided between 2.0% to 2.5% in FY28, with significant credit cost reduction starting from Q4 FY27. - Legacy book share expected to decline to ~10% by FY27 end, with new underwriting book reaching 85% by Q4 FY27. - Micro LAP portfolio targeted to scale to 10-15% of overall AUM over the next 3 years. Current Business Performance - Total AUM stood at ₹8,459 Cr (Retail at 97% / ₹8,204 Cr); Q2 retail disbursements up 51% YoY to ₹1,399 Cr. - Gross Stage 3 improved to 4.5% (vs 4.8% QoQ) and Net Stage 3 to 2.4% (vs 2.5% QoQ). - Released ₹49 Cr management overlay during Q2 FY27; overall ECL provision reduced to 4% from 5%. - Cost of borrowing improved to 9.7% with incremental borrowing cost at 9.1%. Growth Drivers - Micro LAP business expanded 174% YoY in disbursements with pristine asset quality (Gross Stage 3 at 0.18%). - Expanding distribution with a plan to add 100 branches over 3 years, branch count reached 475 across 24 states/UTs. - Data science initiatives deployed for credit approval, achieving 74% STP in used cars and 68% in CVs.

Business Update Neutral

2026-10-30 18:16

- Audio recording of earnings conference call held on October 30, 2026, for Q2 & H1 FY27 financial results is now available. - Link to access audio recording: https://www.indostarcapital.com/audio-or-video-recordings

Business Update Neutral

2026-10-29 20:03

- IndoStar Capital Finance shared its Investor Presentation for Q2 FY27 / September 2026. - AUM reached ₹8,459 Cr with a presence across 475 branches in 24 states and UTs. - Yield on loan assets stood at 17.6%, with NIM improving to 8.9% (vs 7.6% YoY). - Robust balance sheet with CAR at 36.0% and D/E of 1.55x.

Financials Positive

2026-10-29 19:47

- IndoStar Capital Finance announced its Q2 FY27 financial and operational results, reporting disbursements of ₹1,399 crore, up 51% YoY. - AUM grew by 12% YoY to ₹8,459 crore as of September 30, 2026. - Standalone Net Interest Income (NII) grew by 27% YoY to ₹242.3 crore. - Pre-provision operating profit rose 58% YoY to ₹109.2 crore. - Weighted average cost of funds declined to 9.7% from 10.4% YoY.

Governance Neutral

2026-10-29 17:29

- Ms. Shikha Jain stepped down as Company Secretary and Compliance Officer due to personal reasons, effective October 29, 2026. - Ms. Reshma Ramchandani was appointed as the new Company Secretary and Compliance Officer, effective October 30, 2026.

Governance Neutral

2026-10-29 17:17

- Ms. Shikha Jain resigned as the Company Secretary and Compliance Officer of IndoStar Capital Finance Limited effective October 29, 2026, due to personal reasons. - Ms. Reshma Ramchandani has been appointed as the new Company Secretary and Compliance Officer effective October 30, 2026.

Governance Neutral

2026-10-29 17:11

- Ms. Shikha Jain has resigned as the Company Secretary and Compliance Officer of the company due to personal reasons, effective October 29, 2026. - Ms. Reshma Ramchandani has been appointed as the new Company Secretary and Compliance Officer effective October 30, 2026.

Financials Neutral

2026-10-29 16:39

CRITICAL RED FLAG DETECTED

- Board approved Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. - Ms. Reshma Ramchandani appointed as Company Secretary and Compliance Officer w.e.f. October 30, 2026. - Ms. Shikha Jain resigned/ceased to be Company Secretary and Compliance Officer w.e.f. October 29, 2026.

Governance Neutral

2026-10-29 16:28

CRITICAL RED FLAG DETECTED

- Board approved Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. - Appointed Ms. Reshma Ramchandani as Company Secretary and Compliance Officer effective October 30, 2026. - Noted cessation/resignation of Ms. Shikha Jain as Company Secretary and Compliance Officer effective October 29, 2026.

Business Update Neutral

2026-10-26 17:26

Concall Schedule Concall Date: October 30, 2026 Concall Time: 12:00 PM IST

Governance Neutral

2026-10-22 18:48

- Board meeting scheduled on Thursday, October 29, 2026. - Agenda: Consider and approve Un-audited Standalone and Consolidated Financial Results for Q2 and H1 ended September 30, 2026. - Trading window remains closed until 48 hours after result declaration.

Routine Neutral

2026-09-28 16:10

- Trading window for dealing in securities of the company will be closed with effect from October 1, 2026. - Closure will remain in effect until 48 hours after the declaration of unaudited financial results for the half year ending September 30, 2026.

Governance Neutral

2026-09-25 15:46

- IndoStar Capital Finance Limited held its 17th Annual General Meeting (AGM) on September 25, 2026. - All five resolutions, including the adoption of standalone and consolidated financial statements, reappointment of Mr. Aditya Hemant Joshi as director, appointment of statutory auditors, and issuance of Non-Convertible Debentures on private placement, were approved with the requisite majority.

Governance Neutral

2026-09-25 13:23

- IndoStar Capital Finance Limited held its 17th Annual General Meeting on September 25, 2026. - Shareholders approved the appointment of S.R. Batliboi & Co. LLP as the new Statutory Auditors for a term of three consecutive years. - M S K A & Associates LLP ceased to hold office upon the conclusion of the 17th AGM due to the completion of their three-year term.

Governance Neutral

2026-09-25 13:10

- IndoStar Capital Finance Limited held its 17th Annual General Meeting (AGM) on September 25, 2026, via video conferencing. - Shareholders considered and discussed the standalone and consolidated financial statements for FY 2025-26. - Ordinary and special resolutions regarding the adoption of financials, re-appointment of a director, appointment of statutory auditors, and issuance of non-convertible debentures were transacted.

Ownership Neutral

2026-09-15 15:27

- Allotment of 14,703 equity shares (face value ₹10 each) under IndoStar ESOP Plan 2018, approved by Mr. Randhir Singh, MD & Executive Vice Chairman on September 15, 2026. - Paid-up equity share capital increased from ₹1,61,65,54,040 to ₹1,61,67,01,070.

Governance Neutral

2026-09-02 14:41

- The 17th Annual General Meeting (AGM) of IndoStar Capital Finance Limited is scheduled for Friday, September 25, 2026, at 11:00 a.m. via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). - Letters have been dispatched to shareholders with unregistered email addresses, informing them how to access the Annual Report for FY 2025-26 and the AGM Notice via the company's website.

Business Update Positive

2026-09-01 17:10

- Filed the Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. It also forms part of the Annual Report for FY2025-26. - Key highlights include continued digitalisation, ~3.89% reduction in Scope 2 Emissions, strengthened ESG governance, and ethical business conduct. - The company reiterated commitment to environmental stewardship, employee well-being, and financial inclusion.

Routine Neutral

2026-08-26 15:59

- IndoStar Capital Finance Limited published newspaper advertisements regarding the transfer of eligible equity shares for FY 2019-20 to the IEPF Suspense Account, as per SEBI regulations and IEPF Rules, 2016. - Separate communication has already been sent to affected individual shareholders.

Ownership Neutral

2026-08-12 19:31

- The Company allotted 63,045 equity shares (face value ₹10 each) following the exercise of stock options under IndoStar ESOP Plans 2018, 2016, and 2012. The allotment was approved by Mr. Randhir Singh, MD & Executive Vice Chairman, as per board authority. - Consequent to this allotment, the paid-up equity share capital increased from 16,15,92,359 equity shares to 16,16,55,404 equity shares.

Business Update Positive

2026-08-05 18:47

- Q1 FY27 disbursements grew 44% year-on-year, reaching INR1,235 crores. - Micro LAP disbursements surged 85% year-on-year to INR50 crores, with AUM nearly tripling year-on-year to INR217 crores. - Net Profit After Tax (PAT) was INR11 crores in Q1 FY27, a significant improvement from a loss of INR424 crores in Q4 FY26 (affected by one-time provisioning). - Net Interest Income (NII) increased 39% year-on-year to INR219 crores, driven by NIM expansion to 8.8% from 6.2% a year ago. - Asset quality showed strong improvement, with early delinquency ratio reducing from 5.55% in Q1 FY26 to 2.29% in Q1 FY27. - Management expects significant improvement in headline GNPA, NPA, and credit cost over the next 2-3 quarters as the old book runs off. - The company is on track to double Micro LAP AUM in FY27 and anticipates 35%+ year-on-year disbursement growth in Q2 FY27. - Reiterated FY29 guidance of 35% CAGR disbursement growth and PAT of INR450-500 crores. - Cost of borrowing is expected to decline, aiming to converge around 9% by March as higher-cost debt is repaid. - Strategic focus includes strengthening underwriting, expanding branch network to cross 500 this year, increasing sales headcount by 50% by March '27, and diversifying the product portfolio.

Business Update Neutral

2026-07-30 18:43

- Audio recording of the Conference Call held on July 30, 2026, for the unaudited Financial Results (Q1 FY27) is available on the company's website.

Financials Positive

2026-07-29 20:17

- Consolidated Net Interest Income ₹219Cr vs ₹157.55Cr (▲39% YoY) - Consolidated Pre-provision operating profit (PPOP) ₹93Cr - Consolidated Profit after Tax (PAT) ₹11Cr - Disbursements ₹1,235Cr (▲44% YoY) - Asset under Management (AUM) ₹8,244Cr (▲6% YoY) - Weighted average cost of funds declined to 9.9% in Q1 FY27 from 10.7% in Q1 FY26 (▲80bps)

Financials Negative

2026-07-29 16:38

- Consolidated Revenue ₹363.87 Cr vs ₹343.51 Cr (▲5.9% YoY) - EBITDA ₹159.45 Cr vs ₹-278.81 Cr (Turned positive from loss YoY) - PAT ₹11.47 Cr vs ₹535.49 Cr (▼97.9% YoY) - EBITDA Margin 43.8% vs -81.2% (Significant expansion YoY)

Financials Positive

2026-07-29 15:19

- Consolidated Operating Revenue ₹363.87 Cr vs ₹343.51 Cr (▲5.93% YoY) - EBITDA ₹159.45 Cr vs ₹(278.81) Cr (Turnaround from significant loss to profit YoY) - PAT ₹11.47 Cr vs ₹(640.46) Cr (Turnaround from significant loss to profit YoY, adjusted for exceptional items) - EBITDA Margin 43.82% vs (81.16)% (Significant margin expansion YoY)

Financials Negative

2026-07-29 15:05

- Consolidated Revenue ₹363.87 Cr vs ₹343.51 Cr (▲5.93% YoY) - EBITDA ₹159.45 Cr vs ₹897.14 Cr (▼82.23% YoY) - PAT ₹11.47 Cr vs ₹535.49 Cr (▼97.85% YoY) - EBITDA Margin 43.82% vs 261.16% (▼21734 bps)

Business Update Positive

2026-07-23 16:09

- Allotment of 40,000 Senior, Secured, Redeemable, Rated, Listed, Taxable, Non-Convertible Debentures (NCDs) worth INR 400 crore via private placement. - The NCDs carry a 9.15% coupon/interest rate. - Tenors are 25 months (Series XXXIV) and 28 months (Series XXXV), maturing in August 2028 and November 2028, respectively.

Business Update Neutral

2026-07-23 15:51

- Concall Schedule - Concall Date: Thursday, July 30, 2026 - Concall Time: 12:00 PM IST

Governance Neutral

2026-07-20 19:20

- Board meeting on July 29, 2026, to approve Q1 FY27 financial results. - To consider issuing Non-Convertible Debentures up to ₹6,000 crore via private placement. - Will also fix the date for the 17th Annual General Meeting (AGM).

Ownership Neutral

2026-07-13 18:05

- Allotment of 7,352 equity shares of INR 10/- each to Mr. Randhir Singh (MD & Executive Vice Chairman). - Shares allotted under IndoStar ESOP Plan 2018. - Paid-up equity share capital increased from 16,15,85,007 to 16,15,92,359 equity shares.

Ownership Neutral

2026-06-25 17:59

- Trading window for IndoStar Capital Finance Limited to close from July 1, 2026. - Closure is until 48 hours after Q1 FY27 (quarter ended June 30, 2026) results declaration, as per SEBI Insider Trading Regulations.

Routine Neutral

2026-06-24 12:45

- Filed newspaper advertisements regarding notice to shareholders for the transfer of equity shares to the Investors Education & Protection Fund (IEPF) Suspense Account for FY 2018-19. - This is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Ownership Neutral

2026-06-12 11:38

- Allotment of 2,900 equity shares (face value ₹10 each) to Mr. Randhir Singh (MD & Executive Vice Chairman) upon exercise of stock options under IndoStar ESOP Plan 2018. - This increases the paid-up equity share capital from 16,15,82,107 shares to 16,15,85,007 shares.

Ownership Neutral

2026-06-10 17:15

- Allotment of 1,091 equity shares of face value INR 10/- to Mr. Randhir Singh (MD & Executive Vice Chairman) following the exercise of stock options under the IndoStar ESOP Plan 2018. - The company's paid-up equity share capital has increased from INR 1,61,58,10,160 to INR 1,61,58,21,070.

Business Update Positive

2026-06-03 17:29

- The company has set a 3-year strategic framework through FY '29 targeting a 35% CAGR growth in disbursements, aiming for a Profit After Tax (PAT) of INR450-500 crores. - Loan book size is expected to reach INR16,000-17,000 crores by FY '29. - Normalized credit cost is targeted to stabilize around 2%-2.5%, with vehicle finance specifically at 2%-2.25%. - The company undertook significant structural transformation in FY '26, including strengthening credit underwriting, portfolio diversification, and digitization efforts. - Q4 FY '26 saw proactive additional provisioning of INR326 crores against Security Receipts and a management overlay of INR49 crores for West Asia crisis, leading to a net loss of INR424 crores for the quarter, aimed at de-risking the balance sheet. - New underwriting has shown significant improvement, with non-starter percentage down by 68% to 1.05% as of March '26. - Disbursement growth for April '26 and expected May '26 is tracking over 40% year-on-year. - Net Interest Margin (NIM) improved from 5.9% in Q4 FY '25 to 8.7% in Q4 FY '26; cost efficiencies led to INR27 crores realized in FY '26. - Operating expenses are expected to grow at a much lower clip than revenue and AUM going forward.

Business Update Neutral

2026-05-28 18:48

IndoStar Capital Finance Limited announced that the audio recording of the conference call held on May 28, 2026, concerning the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, is now available on the company's website.

Financials Positive

2026-05-28 11:04

Standalone Net Interest Income ₹214.7Cr vs ₹179.2Cr (▲20% YoY), Pre-provision Operating Profit ₹93.3Cr vs ₹61.8Cr (▲51% YoY), PAT (₹424.0Cr) vs ₹12.4Cr (▼3519% YoY). PPOP Margin 43.4% vs 34.5% (▲890bps).

Governance Neutral

2026-05-27 17:04

IndoStar Capital Finance Limited's Board of Directors, at its meeting on May 27, 2026, approved amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). These amendments are made pursuant to Regulations 8(1) and 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The updated code aims to ensure compliance with regulatory requirements for the fair and transparent disclosure of UPSI.

Financials Negative

2026-05-27 15:29

CRITICAL RED FLAG DETECTED

Consolidated Revenue ₹346.78 Cr vs ₹375.01 Cr (▼7.53% YoY), EBITDA -₹285.75 Cr vs ₹213.57 Cr (▼234.7% YoY), PAT -₹423.93 Cr vs ₹12.50 Cr (▼3491.44% YoY). EBITDA Margin -82.4% vs 56.95% (▼13935 bps). The significant decline in profitability for the quarter is primarily due to a substantial increase in impairment on financial instruments (₹517.27 Cr vs ₹49.39 Cr YoY).

Financials Positive

2026-05-27 15:15

Standalone Operating Revenue was ₹1,39,290 Lakhs vs ₹1,40,392 Lakhs (▼0.78% YoY), EBITDA stood at ₹94,854 Lakhs vs ₹81,556 Lakhs (▲16.30% YoY), and PAT was ₹13,020 Lakhs vs ₹5,259 Lakhs (▲147.6% YoY) for the year ended March 31, 2026. EBITDA Margin expanded to 68.10% vs 58.09% (▲1001 bps). PAT was significantly boosted by an exceptional gain of ₹1,17,595 Lakhs from the sale of Niwas Housing Finance Limited. The auditors have issued an unmodified opinion.

INDOSTAR

IndoStar Capital Finance Limited

Price Chart

Filing History

Unlock Full History