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Prices as of 9 Oct 2026 close · Not investment advice

Indo Thai Securities Limited

NSE: INDOTHAIStockbroking & AlliedASM stage 2

Share price

₹36.75

-4.99% close of 9 Oct 2026

Market cap ₹478 CrP/E 7.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

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

60

out of 100 · worked out 8 Oct 2026

Your ratios

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

Market cap

₹478 Cr

P/E ratio

7.0

P/B ratio

1.7

ROCE

34.6%

ROE

28.4%

Dividend yield

0.5%

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 9 Oct 2026 close52-week high ₹460.4052-week low ₹30.41

Answers

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

How fast it has been growing

Our sales figures for this company step up at Sep 2018 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2018 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

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

For most of its recorded history its earnings were a fraction of today's, so its past price multiples are not a fair comparison.

Whether growth justifies the valuation

Priced at 0.1 times its growth rate, on earnings growth of 130%.

Profit growthPrice per ₹1 profitPer 1% growth
Indo Thai Securities Limited — this one130%/yr7.0×—
360 ONE WAM LIMITED23%/yr34.0×₹1.5
Nuvama Wealth Management Limited51%/yr29.3×₹0.58
Angel One Limited1%/yr25.7×₹25.7
IIFL Capital Services Limited22%/yr18.7×₹0.85
Share India Securities Limited0%/yr11.0×—

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 3 of 31 on returns, 20 of 31 on growth, 1 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?

A wide advantage: it earns 34.6% on capital, ahead of 90% 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 ₹53 crore of cash before any plant spend, funded from lenders and shareholders. 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 567 days before it paid its own suppliers to paid 27 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 · Q4 FY26

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

Announced 29 Sep 2026 · Standalone · Audited

Revenue

₹38 Cr

Net profit

₹27 Cr

EPS

₹2.07

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
₹478 Cr
Prev close
₹36.75
52w High
₹466
52w Low
₹29.0
Enterprise value
₹376 Cr
Beta
0.3
Price CAGR 1y
-88.0%
Price CAGR 3y
23.0%
Price CAGR 5y
33.0%
Price CAGR 10y
33.0%

Ratios

Return on assets
17.6%
PEG ratio
0.1
P/E ratio
7.0
P/B ratio
1.7
EV / EBITDA
4.1
Industry P/E
22.0
ROCE
34.6%
ROCE 5y average
15.8%
ROE
28.4%
Debt / Equity
0.1
Interest coverage
28.7
Dividend yield
0.5%
ROE 3y average
21.0%
ROE last year
29.0%

Annual P&L

Annual revenue
₹104 Cr
Annual profit
₹66 Cr
Operating margin
83.0%
Net profit margin
63.5%
EBITDA margin
82.7%
Sales growth 3y
135.1%
Sales growth 5y
36.4%
Profit growth 3y
130.0%
Profit growth 5y
46.0%
EPS
₹5.2
Sales growth TTM
218.0%
Profit growth TTM
498.0%
Dividend payout
2.0%

Quarter P&L

Sales latest quarter
₹21 Cr
Profit latest quarter
₹11 Cr
YoY quarterly sales growth
46.9%
YoY quarterly profit growth
22.2%
OPM latest quarter
76.8%

Balance Sheet

Book Value
₹21.8
Face Value
₹1.0
Total debt
₹25 Cr
Total cash
₹127 Cr
Borrowings
₹25 Cr
Reserves / Equity
20.8

Cash Flow

Operating cash flow
-₹34 Cr
Free cash flow
-₹35 Cr
FCF yield
-7.9%
Net cash flow
₹2 Cr

Shareholding

Promoter holding
56.1%
FII holding
1.3%
DII holding
0.5%
Public holding
42.2%

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
Indo Thai Sec.40.717.95410.4911.028.720.646.934.6
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 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6.928.509.286.599.449.325.545.851424283821
Expenses3332344844465
Material Cost0
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost2.04
Other Expenses1.55
Operating Profit4664662-21020233316
OPM %62666763646030-347284848577
Other Income000-0000000000
Exceptional items (within Other Income)0000
Interest0000000000111
Depreciation0000000000000
Profit before tax4664661-21019233115
Tax %2622153116192191226251726
Net Profit3452551-3914172611
EPS in Rs0.310.430.540.250.500.450.09-0.220.721.191.332.040.85
Diluted EPS in Rs-2.461.352.020.85

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 2026TTM
Sales3749455889222083127104110
Expenses33424645821571611151819
Operating Profit47-113-0-121712-920128692
OPM %1114-1.2022-3.60-1287762-11465448383
Other Income0050011011000
Exceptional items (within Other Income)00
Interest00011111011.172.613
Depreciation0111111110.520.610.651
Profit before tax46311-2-141611-920108388
Tax %18-0-323-25-203713-20222420
Net Profit3639-1-111010-7157.896669
EPS in Rs0.300.630.330.87-0.13-1.081.020.99-0.651.600.715.165.41
Diluted EPS in Rs7.505.27
Dividend Payout %34163011-7601010-91002

Compounded growth

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

Compounded sales growth

10 years
8%
5 years
36%
3 years
135%
TTM
218%

Compounded profit growth

10 years
27%
5 years
46%
3 years
130%
TTM
498%

Stock price CAGR

10 years
33%
5 years
33%
3 years
23%
1 year
-88%

Return on equity

10 years
13%
5 years
17%
3 years
21%
Last year
29%

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 Capital101010101010101010101213
Reserves30353746473545544963168271
Borrowings4005881246425
Other Liabilities9410151818224245424566
Minority Interest1.712.94
Total Liabilities53495775837079109107122228374
Fixed Assets363101010111211131314
CWIP200000000000
Investments117771531535213058175
Other Assets37364759585753627579158185
Total Assets53495775837079109107122228374

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 Activity-11-807413451-3-22-34
Cash from Investing Activity5135-5-0-144-9-23-75-22
Cash from Financing Activity1-6-13-1-2-7-1009558
Net Cash Flow-5-1463-31-401-22
Free Cash Flow-13-1067413331-5-22-35

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 Days98811001381,06342359491389025124
Inventory Days10559
Days Payable6616
Cash Conversion Cycle1371251001381,06342359491389025124
Working Capital Days97143167105126229-20-567-1,250-246-92-27
ROCE %915-323-1-213220-1328935

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
Promoters727272727272626159575756
FIIs000000.130.520.481.171.281.221.28
DIIs0000000000.190.490.46
Government0.050.050.050.050.050.060.0500000
Public282828282828383939424242
No. of Shareholders3,8533,8554,2634,0364,4104,8355,6265,42311,11215,93216,46417,732

Price trend

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

Change over 1 year -89.8% (₹358.95 → ₹36.75)Brick size ₹2.87 (fixed)Bricks 447
₹200₹400₹36.75Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹36.75 on 9 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

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

0.00cr

2026-06-30

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

-102inr_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 Indo Thai Securities 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.

Competes with

manages assets for

  • HNIs, corporations, and retail investors

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
INE337M01021

Business segments

  • Equities, broking and other related activities · 100%
  • Real Estate Activities · 1%
  • Manufacturing(Environmental Technology) Activities · 0%

News impact

Big market events that reach Indo Thai Securities 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.

Dividends

11 Sep 2026unspecified₹0.1
8 Aug 2025interim₹0.1
18 Jul 2025split₹0
13 Feb 2024interim₹1
15 Sep 2023unspecified₹0.6
22 Sep 2022unspecified₹1
21 Sep 2021unspecified₹1
19 Sep 2019unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
17 Sep 2026NEO APEX SHARE BROKING SERVICES LLPSELL10,58,259₹35.36
17 Sep 2026SETU SECURITIES PVT LTDBUY9,00,012₹35.32
17 Sep 2026NEO APEX SHARE BROKING SERVICES LLPBUY7,26,010₹35.35
17 Sep 2026SETU SECURITIES PVT LTDSELL42,982₹36.19
11 Sep 2026NEO APEX SHARE BROKING SERVICES LLPSELL16,01,275₹45.49
11 Sep 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDSELL13,80,703₹44.54
11 Sep 2026BONANZA PORTFOLIO LTDSELL11,57,923₹43.68
11 Sep 2026ANKITA VISHAL SHAHBUY10,22,269₹45.45
11 Sep 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDBUY9,87,413₹45.09
11 Sep 2026ASHWIN STOCKS AND INVESTMENT PRIVATE LIMITEDBUY9,65,416₹43.92

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.