Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Hybrid Financial Services Limited

NSE: HYBRIDFINStockbroking & Allied

Share price

₹17.81

-0.17% close of 8 Oct 2026

Market cap ₹52 CrP/E 26.2

Business score

How strong the business is, in one number. The parts behind it are in Pro.

52

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹52 Cr

P/E ratio

26.2

P/B ratio

1.2

ROCE

6.3%

ROE

6.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹33.6252-week low ₹15.51

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 11.7% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 36.4% to 24.8% over the last four years.

Whether it grew faster than its sector

It grew 24.1% a year against a sector median of 16.0% — 8.1 percentage points faster.

Room to re-rate, or risk of de-rating

At 26.2× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 20.8×, across 5 companies. It is against its own five-year median of 22.5×, the 62nd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.5 times its growth rate, on earnings growth of 49%.

Profit growthPrice per ₹1 profitPer 1% growth
Hybrid Financial Services Limited — this one49%/yr26.2×₹0.54
Share India Securities Limited0%/yr11.2×—
Anand Rathi Share and Stock Brokers Limited51%/yr22.8×₹0.45
Monarch Networth Capital Limited62%/yr14.4×₹0.23
SMC Global Securities Limited-5%/yr20.8×—
Geojit Financial Services Limited-4%/yr27.0×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Stockbroking & Allied), it ranks 28 of 31 on returns, 9 of 31 on growth, 20 of 31 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 6.3% on capital, ahead of 10% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹1 crore of cash before any plant spend. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being paid 74.7 days before it paid its own suppliers to paid 12.9 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

Not enough filed accounts to run these checks yet.

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 31 Jul 2026 · Standalone · Unaudited

Revenue

₹1 Cr

Net profit

₹1 Cr

EPS

₹0.20

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹52 Cr
Prev close
₹17.81
52w High
₹33.6
52w Low
₹14.5
Enterprise value
₹32 Cr
Beta
0.8
Price CAGR 1y
-5.0%
Price CAGR 3y
32.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
5.0%
PEG ratio
0.4
P/E ratio
26.2
P/B ratio
1.2
EV / EBITDA
18.6
Industry P/E
20.7
ROCE
6.3%
ROCE 5y average
7.3%
ROE
6.5%
Debt / Equity
0.0
Interest coverage
271.0
Dividend yield
0.0%
ROE 3y average
9.0%
ROE last year
6.0%

Annual P&L

Annual revenue
₹6 Cr
Annual profit
₹3 Cr
Operating margin
30.2%
Net profit margin
47.6%
EBITDA margin
30.2%
Sales growth 3y
17.7%
Sales growth 5y
11.1%
Profit growth 3y
49.0%
Profit growth 5y
27.0%
EPS
₹0.9
Sales growth TTM
-20.0%
Profit growth TTM
-33.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹1 Cr
Profit latest quarter
₹0 Cr
YoY quarterly sales growth
-40.8%
YoY quarterly profit growth
-58.9%
OPM latest quarter
-48.3%

Balance Sheet

Book Value
₹15.0
Face Value
₹5.0
Total debt
₹1 Cr
Total cash
₹21 Cr
Borrowings
₹1 Cr
Reserves / Equity
2.0

Cash Flow

Operating cash flow
₹1 Cr
Free cash flow
₹1 Cr
FCF yield
1.3%
Net cash flow
₹1 Cr

Shareholding

Promoter holding
64.0%
FII holding
—
DII holding
0.4%
Public holding
35.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Billionbrains197.7550.91,24,0600.00735.094.31,501.466.037.3
Motil.Oswal.Fin.1,067.9032.564,3920.561,273.79.63,425.825.212.7
360 ONE1,063.0034.443,3611.13330.516.11,226.134.512.1
Nuvama Wealth1,825.9031.133,6911.52305.615.81,376.222.617.5
Angel One302.0026.827,6211.34231.4102.21,429.725.414.8
IIFL Capital346.8519.210,9380.86184.25.0631.52.321.1
Share India Sec.207.2712.54,5360.77124.447.5448.131.318.4
Hybrid Financial17.8419.4530.000.469.21.2-40.86.3
Median126.0921.21,0060.4312.523.091.925.213.3

Competes with: 360 ONE WAM LIMITED, Anand Rathi Share and Stock Brokers Limited, Angel One Limited, Billionbrains Garage Ventures Limited, IIFL Capital Services Limited, Motilal Oswal Financial Services Limited, Nuvama Wealth Management Limited, Share India Securities Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales0.710.911.111.062.021.391.791.281.961.481.801.231.16
Expenses0.700.690.590.700.890.730.650.770.870.740.730.761.72
Material Cost000
Change in Inventories000
Purchases of Stock-in-Trade000
Employee Cost0.580.360.35
Other Expenses0.290.370.38
Operating Profit0.010.220.520.361.130.661.140.511.090.741.070.47-0.56
OPM %1.412447345647644056505938-48
Other Income0.180.020.020.03-0.030.710.01-0.170.030.030.0501.05
Exceptional items (within Other Income)000
Interest0.030000.020000.020000.01
Depreciation0.020.020.020.030.030.030.030.030.030.030.030.030.04
Profit before tax0.140.220.520.361.051.341.120.311.070.741.090.440.44
Tax %2900111601.79000000
Net Profit0.090.220.520.320.881.341.110.321.070.741.090.440.44
EPS in Rs0.030.070.180.110.300.460.380.110.360.250.370.150.15
Diluted EPS in Rs0.360.250.37

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales3.683.243.843.782.993.233.354.303.485.097.075.67
Expenses3.282.953.133.112.802.542.352.672.412.833.023.96
Material Cost0
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost1.60
Other Expenses1.41
Operating Profit0.400.290.710.670.190.6911.631.072.264.051.71
OPM %118.9518186.3521303831445730
Other Income1.571.071.1310.720.09-0.340.39-0.260.03-0.071.13
Exceptional items (within Other Income)-0.19
Interest0.040.100.060.040.060.030.080.050.030.030.020.01
Depreciation0.210.120.110.110.110.110.090.130.100.100.110.13
Profit before tax1.721.141.671.520.740.640.491.840.682.163.852.70
Tax %9.301117224.054.691811259.720.520
Net Profit1.561.021.381.200.700.600.401.630.511.943.842.70
EPS in Rs0.530.350.470.410.240.200.140.550.170.661.300.92
Diluted EPS in Rs1.30
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
6%
5 years
11%
3 years
18%
TTM
-20%

Compounded profit growth

10 years
10%
5 years
27%
3 years
49%
TTM
-33%

Stock price CAGR

10 years
—
5 years
—
3 years
32%
1 year
-5%

Return on equity

10 years
6%
5 years
7%
3 years
9%
Last year
6%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151515151515151515151515
Reserves-3.37-2.386.03103.743.039.519.498.09152429
Borrowings3.732.802.162.142.112.272.102.102.102.101.400.70
Other Liabilities76.776.375.991214141313169.269.47
Total Liabilities222229333334404038485054
Fixed Assets1.611.371.301.241.181.101.021.931.841.751.691.63
CWIP000000000000
Investments5.475.5413161515211917232427
Other Assets151515161718191819242426
Total Assets222229333334404038485054

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.450.380.250.46-0.23-0.4200.6001.34-3.640.74
Cash from Investing Activity-0.920.981.530.321.591.040.780.220.901.511.651.40
Cash from Financing Activity0.58-0.89-1.01-0.35-0.090.13-0.61-0.05-0.03-0.03-0.73-0.72
Net Cash Flow0.110.470.770.421.270.750.170.770.862.83-2.711.42
Free Cash Flow0.010.450.210.40-0.27-0.45-0.010.08-0.011.32-3.690.67

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days353632402729161215148.7811
Cash Conversion Cycle353632402729161215148.7811
Working Capital Days-187-186-131-106-129-148-111-75-88-147-32-13
ROCE %128.479.096.253.323.305.096.914.337.93116.34

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters646464646464646464646464
DIIs0.890.890.890.890.700.700.700.700.690.690.590.37
Public353535353535353535353536
No. of Shareholders52,08252,24052,27952,55252,84353,52453,49754,16553,83254,66454,28254,610

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -10.9% (₹19.98 → ₹17.81)Brick size ₹1.01 (fixed)Bricks 59
₹20.00₹25.00₹30.00₹17.81Nov '25Jan '26Mar '26May '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹17.81 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2025-03-31

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-20.52inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Hybrid Financial Services Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Financial Services
Industry
Stockbroking & Allied
Classification
Financial Services › Stockbroking & Allied
ISIN
INE965B01022

News impact

Big market events that reach Hybrid Financial Services Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 4, delete 0, insert 5), 2022-12-08..2026-02-01 (docs/flat_day_repair.md)1× · 8 Dec 2022

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.