Sammaan Capital Limited
NSE: SAMMAANCAPHousing Finance Company
Share price
₹127.82
-3.85% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
41
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹14,635 Cr
P/E ratio
—
P/B ratio
0.8
ROCE
4.9%
ROE
-3.2%
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.
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 Mar 2013 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 Mar 2013 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
It has no earnings, so there is no price-to-earnings to compare.
Whether growth justifies the valuation
It has no earnings to weigh the price against.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Sammaan Capital Limited — this one | — | — | — |
| Bajaj Housing Finance Limited | 27%/yr | 25.4× | ₹0.94 |
| Piramal Finance Limited | -56%/yr | 98.0× | — |
| PNB Housing Finance Limited | 30%/yr | 13.0× | ₹0.43 |
| LIC Housing Finance Limited | 25%/yr | 5.1× | ₹0.21 |
| Aadhar Housing Finance Limited | 25%/yr | 17.0× | ₹0.68 |
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 (Housing Finance Company), it ranks 14 of 14 on returns, 13 of 14 on growth. 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?
It is losing money on the capital in the business, so there is no advantage to measure.
Whether its growth pays for itself
This question does not fit a lender: the money it lends out is its day-to-day outflow and the deposits or premiums it takes are the inflow, so a cash bridge cannot say whether its growth pays for itself. Look at the return on owners' money instead.
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.
Net profit fell 27% year on year while revenue was INR 1,651.93 crore.
Announced 13 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,652 Cr
Net profit
₹243 Cr
Profit vs last year
-27.2%
Net margin
14.7%
EPS
₹2.13
Earnings call transcript · 13 Aug 2026
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
- ₹14,635 Cr
- Prev close
- ₹127.82
- 52w High
- ₹193
- 52w Low
- ₹127
- Enterprise value
- —
- Beta
- 1.2
- Price CAGR 1y
- -20.0%
- Price CAGR 3y
- -5.0%
- Price CAGR 5y
- -9.0%
- Price CAGR 10y
- -16.0%
Ratios
- Return on assets
- -9.6%
- PEG ratio
- —
- P/E ratio
- —
- P/B ratio
- 0.8
- EV / EBITDA
- —
- Industry P/E
- 13.0
- ROCE
- 4.9%
- ROCE 5y average
- —
- ROE
- -3.2%
- Debt / Equity
- 2.7
- Interest coverage
- —
- Dividend yield
- 0.0%
- ROE 3y average
- -2.0%
- ROE last year
- -3.0%
Annual P&L
- Annual revenue
- ₹8,171 Cr
- Annual profit
- -₹7,145 Cr
- Operating margin
- -27.0%
- Net profit margin
- -87.4%
- EBITDA margin
- -27.1%
- Sales growth 3y
- -2.1%
- Sales growth 5y
- -4.0%
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹-61.7
- Sales growth TTM
- -17.0%
- Profit growth TTM
- 59.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹1,652 Cr
- Profit latest quarter
- ₹243 Cr
- YoY quarterly sales growth
- -31.2%
- YoY quarterly profit growth
- -27.2%
- OPM latest quarter
- 19.0%
Balance Sheet
- Book Value
- ₹166
- Face Value
- ₹2.0
- Total debt
- ₹51,853 Cr
- Total cash
- ₹10,960 Cr
- Borrowings
- ₹51,853 Cr
- Reserves / Equity
- 81.9
Cash Flow
- Operating cash flow
- -₹7,466 Cr
- Free cash flow
- -₹7,505 Cr
- FCF yield
- —
- Net cash flow
- ₹5,678 Cr
Shareholding
- Promoter holding
- 28.3%
- FII holding
- 19.6%
- DII holding
- 7.9%
- Public holding
- 42.7%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Bajaj Housing | 82.91 | 25.6 | 69,083 | 0.00 | 715.3 | 22.6 | 3,063.0 | 17.1 | 8.8 |
| Piramal Finance. | 2,023.30 | 106.7 | 47,877 | 0.54 | 461.0 | 66.8 | 3,368.3 | 27.6 | 6.5 |
| PNB Housing | 1,092.00 | 12.1 | 28,480 | 0.73 | 554.5 | 4.3 | 2,252.5 | 9.1 | 9.4 |
| LIC Housing Fin. | 509.00 | 4.9 | 27,998 | 1.96 | 1,499.0 | 9.9 | 7,082.6 | -1.4 | 8.6 |
| Aadhar Hsg. Fin. | 448.40 | 17.0 | 19,658 | 0.00 | 282.4 | 19.0 | 992.9 | 17.1 | 11.4 |
| Sammaan Capital | 132.48 | 15,388 | 0.00 | 243.3 | -27.2 | 1,651.9 | -31.2 | 4.9 | |
| Home First Finan | 1,125.70 | 20.3 | 11,771 | 0.46 | 159.9 | 34.5 | 538.0 | 18.6 | 11.1 |
| Median | 478.70 | 12.1 | 11,555 | 0.64 | 252.1 | 19.8 | 850.8 | 14.2 | 9.7 |
Competes with: Aadhar Housing Finance Limited, Aavas Financiers Limited, Aptus Value Housing Finance India Limited, Bajaj Housing Finance Limited, Can Fin Homes Limited, GIC Housing Finance Limited, Home First Finance Company India Limited, India Shelter Finance Corporation Limited, LIC Housing Finance Limited, PNB Housing Finance Limited, Piramal Finance Limited, Repco Home Finance Limited, SRG Housing Finance Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,900 | 2,227 | 2,143 | 2,205 | 2,207 | 2,422 | 2,017 | 2,107 | 2,400 | 2,251 | 2,158 | 1,358 | 1,652 |
| Expenses | 147 | 448 | 478 | 511 | 471 | 4,852 | 389 | 603 | 724 | 528 | 260 | 3,255 | 1 |
| Financing Profit | 400 | 429 | 353 | 402 | 426 | -3,668 | 434 | 455 | 480 | 436 | 440 | -3,576 | 315 |
| Financing Margin % | 21 | 19 | 16 | 18 | 19 | -151 | 22 | 22 | 20 | 19 | 20 | -263 | 19 |
| Other Income | 13 | 15 | 69 | 50 | 30 | 3 | 3 | 25 | 9 | 10 | 0 | -6,496 | 31 |
| Interest | 1,354 | 1,350 | 1,312 | 1,291 | 1,309 | 1,238 | 1,194 | 1,050 | 1,196 | 1,286 | 1,458 | 1,679 | 1,335 |
| Depreciation | 19 | 23 | 23 | 21 | 19 | 20 | 20 | 25 | 21 | 21 | 21 | 25 | 20 |
| Profit before tax | 394 | 422 | 399 | 431 | 437 | -3,685 | 417 | 455 | 468 | 425 | 419 | -10,097 | 326 |
| Tax % | 25 | 29 | 24 | 26 | 25 | -25 | 28 | 29 | 29 | 27 | 25 | -20 | 25 |
| Net Profit | 294 | 298 | 303 | 319 | 327 | -2,761 | 302 | 324 | 334 | 308 | 314 | -8,101 | 243 |
| EPS in Rs | 4.16 | 4.14 | 4.10 | 4.32 | 4.42 | -38 | 4.08 | 3.91 | 4.04 | 3.72 | 3.79 | -70 | 2.09 |
| Gross NPA % | 2.87 | 2.88 | 2.85 | 2.69 | 2.68 | 2.37 | 1.30 | 1.50 | 1.40 | ||||
| Net NPA % | 1.69 | 1.66 | 1.71 | 1.52 | 1.52 | 1.40 | 0.80 | 0.80 | 0.80 | 0.15 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,243 | 9,221 | 11,628 | 14,952 | 17,020 | 13,219 | 9,998 | 8,988 | 8,719 | 8,579 | 8,676 | 8,171 | 7,418 |
| Expenses | 816 | 1,105 | 1,485 | 2,033 | 1,654 | 2,040 | 1,429 | 1,119 | 1,400 | 1,582 | 6,179 | 4,769 | 4,045 |
| Financing Profit | 2,482 | 3,145 | 3,733 | 4,909 | 5,640 | 2,667 | 1,630 | 1,628 | 1,683 | 1,690 | -2,295 | -2,216 | -2,385 |
| Financing Margin % | 34 | 34 | 32 | 33 | 33 | 20 | 16 | 18 | 19 | 20 | -26 | -27 | -32 |
| Other Income | 9 | 4 | 62 | 6 | 6 | 2 | 29 | 6 | 8 | 41 | 2 | -6,480 | -6,454 |
| Interest | 3,944 | 4,971 | 6,411 | 8,010 | 9,726 | 8,512 | 6,939 | 6,242 | 5,636 | 5,307 | 4,791 | 5,618 | 5,757 |
| Depreciation | 19 | 20 | 23 | 37 | 43 | 108 | 97 | 77 | 86 | 85 | 83 | 88 | 88 |
| Profit before tax | 2,473 | 3,129 | 3,772 | 4,878 | 5,604 | 2,561 | 1,562 | 1,556 | 1,606 | 1,649 | -2,376 | -8,784 | -8,927 |
| Tax % | 23 | 25 | 23 | 21 | 28 | 15 | 23 | 24 | 30 | 26 | -24 | -19 | |
| Net Profit | 1,901 | 2,345 | 2,906 | 3,895 | 4,091 | 2,200 | 1,202 | 1,178 | 1,130 | 1,214 | -1,807 | -7,145 | -7,236 |
| EPS in Rs | 36 | 37 | 46 | 61 | 64 | 34 | 17 | 17 | 16 | 16 | -22 | -62 | -60 |
| Dividend Payout % | 50 | 81 | 39 | 45 | 42 | 59 | 33 | 0 | 5 | 9 | -9 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- -1%
- 5 years
- -4%
- 3 years
- -2%
- TTM
- -17%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 59%
Stock price CAGR
- 10 years
- -16%
- 5 years
- -9%
- 3 years
- -5%
- 1 year
- -20%
Return on equity
- 10 years
- 9%
- 5 years
- 1%
- 3 years
- -2%
- Last year
- -3%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 71 | 84 | 85 | 85 | 85 | 84 | 89 | 89 | 90 | 113 | 163 | 229 |
| Reserves | 6,561 | 10,610 | 12,038 | 14,273 | 16,397 | 15,454 | 16,045 | 16,585 | 17,272 | 19,679 | 21,660 | 18,763 |
| Borrowing | 47,487 | 61,085 | 85,301 | 1,11,056 | 1,05,756 | 79,674 | 68,805 | 61,359 | 52,403 | 48,493 | 42,726 | 51,853 |
| Other Liabilities | 3,110 | 3,935 | 6,274 | 7,188 | 7,866 | 7,660 | 8,299 | 3,940 | 5,180 | 4,774 | 5,633 | 3,399 |
| Total Liabilities | 57,229 | 75,714 | 1,03,697 | 1,32,603 | 1,30,104 | 1,02,872 | 93,238 | 81,973 | 74,945 | 73,060 | 70,181 | 74,243 |
| Fixed Assets | 123 | 136 | 169 | 169 | 214 | 450 | 295 | 327 | 433 | 325 | 391 | 341 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6,164 | 10,693 | 13,617 | 14,792 | 19,717 | 12,277 | 6,146 | 5,546 | 5,370 | 7,456 | 14,219 | 17,518 |
| Other Assets | 50,942 | 64,886 | 89,912 | 1,17,642 | 1,10,173 | 90,145 | 86,796 | 76,100 | 69,142 | 65,278 | 55,571 | 56,385 |
| Total Assets | 57,229 | 75,714 | 1,03,697 | 1,32,603 | 1,30,104 | 1,02,872 | 93,238 | 81,973 | 74,945 | 73,066 | 70,181 | 74,243 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -8,892 | -11,643 | -17,845 | -25,024 | 21,206 | 19,331 | 7,088 | 657 | 4,001 | 140 | 8,772 | -7,466 |
| Cash from Investing Activity | -2,093 | -4,997 | -2,107 | 368 | -4,220 | 8,265 | 3,103 | 1,649 | 884 | 1,042 | -5,578 | -1,540 |
| Cash from Financing Activity | 10,699 | 15,330 | 22,591 | 23,775 | -7,335 | -27,934 | -10,632 | -7,444 | -9,142 | -2,383 | -2,373 | 14,684 |
| Net Cash Flow | -286 | -1,310 | 2,638 | -881 | 9,650 | -338 | -440 | -5,138 | -4,257 | -1,201 | 821 | 5,678 |
| Free Cash Flow | -8,924 | -11,574 | -17,970 | -25,004 | 21,117 | 19,297 | 7,060 | 638 | 3,957 | 85 | 8,727 | -7,505 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 31 | 27 | 25 | 29 | 27 | 14 | 8 | 7 | 7 | 7 | -9 | -3 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
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
capital adequacy (CRAR) %
20.10pct
2026-06-30
cost-to-income %
26.20
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
gross NPA %
1.40pct
2025-09-30
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
16,588cr
2026-06-30
net NPA %
0.15pct
2026-06-30
net interest margin %
8.10
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
FY revenue / permanent employees + workers, same basis (calc)
1,72,26,541inr
2026-03-31
return on assets %
8.10
News
News and filings about Sammaan Capital 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
- Aadhar Housing Finance Limited
- Aavas Financiers Limited
- Aptus Value Housing Finance India Limited
- Bajaj Housing Finance Limited
- Can Fin Homes Limited
- GIC Housing Finance Limited
- Home First Finance Company India Limited
- India Shelter Finance Corporation Limited
- LIC Housing Finance Limited
- PNB Housing Finance Limited
- Piramal Finance Limited
- Repco Home Finance Limited
- SRG Housing Finance Limited
Depends on the price of
- Bond Markets
- Interest Rates
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
- Housing Finance Company
- Classification
- Financial Services › Housing Finance Company
- ISIN
- INE148I01020
News impact
Big market events that reach Sammaan Capital Limited, and how the effect spreads.
20 Aug, 04:23 IST · Market event · high impact
Supreme Court orders a CBI probe into alleged financial irregularities at Indiabulls Housing Finance, now Sammaan Capital, regardless of the EOW's report
India's top court told the federal police to investigate all six allegations of fund siphoning against the former promoters of Indiabulls Housing Finance, now called Sammaan Capital - a company-specific overhang that past episodes show does not spread to other housing lenders.
Who it hits first
- Sammaan Capital, the renamed Indiabulls Housing Finance, faces a court-directed criminal investigation into six separate allegations against its former promoters.
- The company is already loss-making, so a higher cost of funds has no cushion to absorb it.
- The former promoters, including Sameer Gehlaut, face personal criminal exposure.
- The EOW's finding of no direct link is expressly not a shield - the court ordered the probe regardless of it.
Who may gain
- PNB Housing Finance, which rose 2.09% and 7.40% in the month after the two prior court escalations while the named company fell - the cleanest housing lender in this comparison, with bad loans of just 0.93%.
- Other well-capitalised housing lenders and banks that pick up borrowers and wholesale funding lines that would otherwise have gone to Sammaan Capital.
Along the supply chain
Downstream
Downstream, its customers are home-loan and developer-loan borrowers. If it cannot fund new lending, those borrowers refinance elsewhere, which is a slow leak of the loan book to PNB Housing, LIC Housing and the banks rather than a sudden event.
Upstream
Sammaan Capital's upstream is its own funding - banks, mutual funds and bond investors. A court-ordered criminal probe is precisely the kind of headline that makes those funders demand a higher spread or reduce lines, and for a loss-making lender that is the binding constraint.
Where demand moves
Business
A lender under criminal investigation finds wholesale funding gets dearer, so it has to slow new lending or lend at rates borrowers will not accept. That home-loan demand does not disappear - it moves to PNB Housing, LIC Housing and the banks, which is why the peers held up or rose in both prior episodes while Sammaan fell.
Capital
Money leaves the named company and, unusually, does not leave the category: in both prior escalations PNB Housing rose while Sammaan fell, so this is a within-sector rotation to the cleanest balance sheet rather than an exit from housing finance. That is the same shape as the SEBI-Zee precedent, where listed media peers rose while the named company fell.
How it spreads across sectors
Financial Services
Company-specific governance overhang; peers historically hold up or gain rather than falling in sympathy.
Realty
Marginally tighter developer funding if one lender pulls back, though the largest developer lenders are unaffected.
Commodity angle
Cc skip reason
no_commodity_link
When it plays out
Immediate
Expect Sammaan Capital to fall in the low single digits, matching the roughly 1.6% day-one moves in both prior escalations, with peers broadly unaffected.
Medium term
The company was already loss-making before this; the probe mainly makes the turnaround harder to fund. The one-month record of -9.09% and -3.41% suggests continued drift rather than a single sharp drop.
Short term
Watch whether the CBI actually registers a First Information Report and whether it names current management as opposed to former promoters - the latter is what would turn this from a legacy issue into an operating one.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 20 Sep 2024 | unspecified | ₹2 |
|---|---|---|
| 18 Sep 2023 | unspecified | ₹1.25 |
| 28 May 2021 | interim | ₹9 |
| 13 Feb 2020 | interim | ₹6 |
| 18 Nov 2019 | interim | ₹7 |
| 19 Aug 2019 | interim | ₹8 |
| 7 May 2019 | interim | ₹10 |
| 11 Feb 2019 | interim | ₹10 |
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
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 21 May 2026 | GRAVITON RESEARCH CAPITAL LLP | BUY | 1,00,99,106 | ₹153.71 |
| 21 May 2026 | GRAVITON RESEARCH CAPITAL LLP | SELL | 1,00,99,106 | ₹153.74 |
| 21 May 2026 | SOCIETE GENERALE | BUY | 69,87,634 | ₹154.17 |
| 21 May 2026 | SOCIETE GENERALE | SELL | 1,25,078 | ₹153.41 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY2713 Aug 2026
- Earnings call · Q4FY2620 May 2026
- Earnings call · Q3FY264 Feb 2026
- Annual report · 2024-256 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.