Indo Thai Securities share price & results
- Sept 2026
- Sept 2026
Indore broker for equity, derivatives, commodities across 5 exchanges; also CDSL depository, MF distributor.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 8.0 | −66.7% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | -564.0 | −649.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | -36.0 | −340.0% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 6.59 | +22.1 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -34.33 | +48.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 90.00 | +298.1 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance −92.6% 1Y
1Y: ₹385.9 on 24 Oct 2025 → ₹28.65. High ₹460.4 (25 Nov 2025), low ₹28.65 (27 Oct 2026).
- Previous close
- ₹29.5
- Market cap
- ₹392 Cr
- 52-week range
- ₹28.65 – ₹460.4
- One year
- −92.18%
- Price to earnings (TTM to Sept 2026)
- 21.78×
- Return on equity (TTM to Sept 2026)
- 6.59%
Overview
- Symbol
- NSE:INDOTHAI
- Sector
- Financial Services
- Exchange
- NSE
- Currency
- INR
What Indo Thai Securities Limited does
Based on the company's own presentations, annual report and earnings calls.
Indo Thai Securities Limited, the flagship company of the Indo Thai Group, is a financial services provider based in Indore offering broking and clearing services across equity, derivatives and commodity segments to corporate clients, high-net-worth individuals and retail investors. It holds trading memberships on NSE, BSE, MSEI, MCX and NCDEX, operates as a Depository Participant with CDSL, and is a registered AMFI member distributing mutual funds. The company also provides margin/permissible funding to trading clients alongside its own proprietary trading book. Through wholly and majority owned subsidiaries it has diversified into real estate, International Financial Services Centre (IFSC/GIFT City) financial services, and green hydrogen, and holds an associate stake in a commodities broking company.
Segments
- Broking & Clearing
- Depository Participant
- Mutual Fund Distribution
- Real Estate
- IFSC Financial Services
- Green Hydrogen
- Stock exchange memberships
- NSE, BSE, MSEI, MCX, NCDEX (5 exchanges)
- Depository participant
- CDSL
- Mutual fund distribution status
- Registered AMFI member
- Group subsidiaries
- 3 (Indo Thai Realties, Indo Thai Globe Fin IFSC, Femto Green Hydrogen)
- Associate company
- Indo Thai Commodities Private Limited
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −340% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 6 | 14 | 24 | 28 | 38 | 21 | 8 |
| Expenses | 4 | 7 | 4 | 3 | 4 | 5 | 5 | 50 |
| Operating profit | 2 | -1 | 10 | 20 | 24 | 33 | 16 | -43 |
| Operating margin | 36.0% | −23.0% | 74.0% | 85.0% | 86.0% | 87.0% | 77.0% | −564.0% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | -2 | 10 | 20 | 23 | 32 | 15 | -43 |
| Tax rate | 19.0% | 21.0% | 17.0% | 26.0% | 25.0% | 17.0% | 26.0% | −17.0% |
| Net profit | 1 | -2 | 8 | 15 | 17 | 27 | 11 | -36 |
| EPS (₹ per share) | 0.13 | -0.17 | 0.70 | 1.20 | 1.36 | 2.07 | 0.86 | -2.68 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 17 | 31 | 31 | 104 |
| Expenses | 24 | 9 | 17 | 16 |
| Operating profit | -8 | 22 | 13 | 87 |
| Other income | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | -8 | 22 | 12 | 85 |
| Net profit | -7 | 17 | 9 | 67 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 12 | 12 | 13 | 13 |
| Reserves | 47 | 62 | 167 | 204 | 270 | 260 |
| Borrowings | 4 | 3 | 1 | 4 | 22 | 2 |
| Other liabilities | 42 | 39 | 42 | 64 | 63 | 52 |
| Total liabilities | 102 | 114 | 221 | 284 | 367 | 326 |
| Fixed assets | 2 | 2 | 2 | 13 | 3 | 3 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 30 | 39 | 68 | 78 | 185 | 126 |
| Other assets | 71 | 72 | 151 | 194 | 179 | 198 |
| Total assets | 102 | 114 | 221 | 284 | 367 | 326 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 6 | 6 | 4 | -1 | -22 | -33 |
| Cash from investing | 3 | -10 | -4 | 5 | -75 | -22 |
| Cash from financing | -8 | -1 | 0 | -3 | 95 | 56 |
| Net cash flow | 1 | -5 | 0 | 1 | -2 | 1 |
| Free cash flow | 6 | 6 | 3 | -1 | -22 | -34 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 59 | 49 | 136 | 91 | 251 | 24 |
| Cash conversion cycle | 59 | 49 | 136 | 91 | 251 | 24 |
| Working capital days | -41 | -603 | -1385 | -291 | -132 | -35 |
| Return on capital employed | 33.0% | 21.0% | −11.0% | 33.0% | 10.0% | 36.0% |
| Dividend payout | 10.0% | 0.0% | −10.0% | 10.0% | 0.0% | 2.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Equities, Broking & Other related activities contributes 99.4% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Equities, Broking & Other related activities 99.4%
₹20.63 crore
- Real Estate activities 0.5%
₹0.10 crore
- Manufacturing (Environmental Technology) activities 0.2%
₹0.03 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Equities, Broking & Other related activities | 20.63 | 99.4% |
| Real Estate activities | 0.10 | 0.5% |
| Manufacturing (Environmental Technology) activities | 0.03 | 0.2% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹20.77 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹20.77 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Equities, Broking & Other related activities grew from 95% to 99% of revenue over the last two years.
| Segment | Dec 2023 | Jun 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Equities, Broking & Other related activities | 95% | 93% | — | 99% | — | — | — | 99% | +46.9% |
| Real Estate activities | 5% | 7% | — | 1% | — | — | — | <1% | -42.4% |
| Manufacturing (Environmental Technology) activities | — | <1% | — | <1% | — | — | — | <1% | +130.1% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 54.77% as of Sept 2026; institutions cut 1.48 pts since Jun 2026.
- Promoters 54.77%
- Foreign institutions 0.16%
- Domestic institutions 0.10%
- Government 0.00%
- Public 44.97%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.63% held
The same filing shows 8 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Indo Thai Securities Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 11.12% | −0.26 pp | |
| 9.61% | −0.19 pp | |
| 8.78% | −0.21 pp | |
| 7.87% | −0.19 pp | |
| 4.49% | −0.12 pp | |
| 4.44% | −0.11 pp | |
| 2.54% | −0.55 pp | |
| 2.04% | unchanged | |
| 1.97% | −0.05 pp | |
| 1.63% | newly disclosed | |
| 1.20% | unchanged | |
| 1.02% | 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.
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