HBSL
HB Stockholdings financials
- Market cap
- ₹39 Cr
- Sector
- Financial Services
What HB Stockholdings Limited does
HB Stockholdings Limited is a non-banking financial company whose principal business activity is undertaking financial services and investing and dealing in various kinds of securities. It earns interest income and dividend income from its investment holdings, and also engages in equity derivative trading and share dealing, booking gains from fair value changes in its securities portfolio. The company holds Mount Finance Limited as its wholly-owned subsidiary and has no joint ventures or associate companies.
- Permanent employees
- 9 (as of 31 Mar 2025)
- Subsidiaries
- 1 — Mount Finance Limited (100% owned)
Quarterly results
Q1 FY27: revenue down 0.1%, net profit up 6.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 0 | 0 | 10 | 0 −80% | 1 +334% | 0 +29% | 10 −0% |
| Net profit | 0 | -11 | -7 | 7 | -5 −3638% | -4 +67% | -10 −39% | 8 +7% |
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 −30.2% 1Y
1Y: ₹75.77 on 10 Sept 2025 → ₹52.91. High ₹100.42 (10 Nov 2025), low ₹42.63 (30 Mar 2026).
Financials, as filed
Revenue fell 47.4% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹44 Cr | ₹13 Cr | ₹12 Cr |
| Interest | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹38 Cr | ₹-12 Cr | ₹-11 Cr |
| Net margin | 84.7% | -94.9% | -88.0% |
| Cash from operations | ₹33 Cr | ₹-5 Cr | ₹-13 Cr |
| Free cash flow | ₹33 Cr | ₹-5 Cr | ₹-13 Cr |
| ROE | 44.0% | -12.0% | -13.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹46 Cr | ₹62 Cr | ₹59 Cr | ₹97 Cr | ₹85 Cr | ₹72 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | — | ₹11 Cr |
| Other liabilities | ₹5 Cr | ₹2 Cr | ₹1 Cr | ₹6 Cr | ₹4 Cr | ₹2 Cr |
| Total liabilities | ₹59 Cr | ₹72 Cr | ₹69 Cr | ₹111 Cr | ₹108 Cr | ₹93 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹46 Cr | ₹48 Cr | ₹46 Cr | ₹83 Cr | ₹87 Cr | ₹66 Cr |
| Other assets | ₹12 Cr | ₹23 Cr | ₹22 Cr | ₹26 Cr | ₹20 Cr | ₹26 Cr |
| Total assets | ₹59 Cr | ₹72 Cr | ₹69 Cr | ₹111 Cr | ₹108 Cr | ₹93 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 Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 3% to 38,242.
- Promoters
- 53.2%
- Public
- 46.8%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 53.2%, Public 46.8%.Dec '23: Promoters 53.2%, FIIs 0.0%, Public 46.8%.Mar '24: Promoters 53.2%, Public 46.8%.Jun '24: Promoters 53.2%, Public 46.8%.Sep '24: Promoters 53.2%, Public 46.8%.Dec '24: Promoters 53.2%, Public 46.8%.Mar '25: Promoters 53.2%, Public 46.8%.Jun '25: Promoters 53.2%, Public 46.8%.Sep '25: Promoters 53.2%, Public 46.8%.Dec '25: Promoters 53.2%, Public 46.8%.Mar '26: Promoters 53.2%, Public 46.8%.Jun '26: Promoters 53.2%, Public 46.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of HB Stockholdings Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Lalit Bhasin | 51.54% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 8.92% | unchanged |
| Ayush Kapur | 0.32% | unchanged |
| Mehar Arora | 0.32% | unchanged |
| Manasvin Arora | 0.32% | unchanged |
| Kanishk Kapur | 0.32% | unchanged |
| H B Corporate Services Ltd | 0.29% | unchanged |
| Merrygold Investments Ltd | 0.13% | unchanged |
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 HB Stockholdings Limited
Guides on how to read this kind of business and the numbers that matter.