ENCASH
ENCASH financials
- Market cap
- ₹10 Cr
Quarterly results
Q4 FY26: revenue down 81.8%, net profit down 41.2% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 −94% | 0 −93% | 0 −71% | 0 −82% |
| EBITDA | -0 | -0 | -0 | -0 | -0 −112% | -0 −150% | -0 −31% | -0 −62% |
| Net profit | -0 | -0 | -0 | -0 | -0 −58% | -0 −171% | -0 −18% | -0 −41% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −9.7% 1Y
1Y: ₹29 on 2 Feb 2024 → ₹26.18. High ₹29 (2 Feb 2024), low ₹26.18 (23 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹4 Cr | ₹4 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹22 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Total liabilities | ₹31 Cr | ₹10 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Fixed assets | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹31 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Total assets | ₹31 Cr | ₹10 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025.
- Promoters
- 32.4%
- Public
- 67.6%
Since Mar 2025
- Public +0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '20: Promoters 32.5%, Public 67.5%.Mar '21: Promoters 32.5%, Public 67.5%.Sep '21: Promoters 32.5%, Public 67.5%.Mar '22: Promoters 32.5%, Public 67.5%.Sep '22: Promoters 32.6%, Public 67.4%.Mar '23: Promoters 32.4%, Public 67.6%.Sep '23: Promoters 32.4%, Public 67.6%.Mar '24: Promoters 32.4%, Public 67.6%.Sep '24: Promoters 32.4%, Public 67.6%.Mar '25: Promoters 32.4%, Public 67.6%.Sep '25: Promoters 32.4%, Public 67.6%.Mar '26: Promoters 32.4%, Public 67.6%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Orchard Road Properties newly disclosed 1.85% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of ENCASH above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Encash Securities Limited | 25.69% | unchanged |
| Innovative Commercial Private Limited . | 6.85% | unchanged |
| Sachet Saraf | 6.44% | unchanged |
| Rohana Commosales Private Limited | 3.64% | unchanged |
| Naresh Kumar Agarwal | 3.46% | unchanged |
| Investor Education and Protection Fund (IEPF) | 2.86% | unchanged |
| Orchard Road Properties | 1.85% | newly disclosed |
| Rashmi Saraf | 0.12% | unchanged |
| Pankaj Saraf | 0.09% | unchanged |
| Suman Saraf | 0.06% | unchanged |
| Satyam Securities And Finance Private Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse ENCASH
Guides on how to read this kind of business and the numbers that matter.