INDOTHAI

Indo Thai Securities share price & financials

Price
₹236.51
Market cap
₹547 Cr
Sector
Financial Services

What Indo Thai Securities Limited does

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
Headquarters Indore, Madhya Pradesh, India Company website

Quarterly results

Q1 FY27: revenue up 50.0%, net profit up 37.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue10 6 6 14 24 +140%28 +367%38 +533%21 +50%
EBITDA6 2 -1 10 20 +233%24 +1100%33 +3400%16 +60%
Net profit5 1 -2 8 15 +200%17 +1600%27 +1450%11 +38%
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 −77.5% 1Y

₹100₹200₹300₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹183.03 on 10 Sept 2025 → ₹41.17. High ₹460.4 (25 Nov 2025), low ₹35.75 (4 Sept 2026).

Financials, as filed

Revenue grew 83.4% a year over 3 years, FY23 to FY26. Operating margin widened to 83.7%.

Year endingFY23FY24FY25FY26
Revenue₹17 Cr₹31 Cr₹31 Cr₹104 Cr
Operating profit₹-8 Cr₹22 Cr₹13 Cr₹87 Cr
Operating margin-48.1%71.0%41.9%83.7%
Interest₹0 Cr₹0 Cr₹0 Cr₹2 Cr
Depreciation₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net profit₹-7 Cr₹17 Cr₹9 Cr₹67 Cr
Net margin-42.3%54.8%29.0%64.4%
Cash from operations₹4 Cr₹-1 Cr₹-22 Cr₹-33 Cr
Free cash flow₹3 Cr₹-1 Cr₹-22 Cr₹-34 Cr
ROCE-11.0%33.0%10.0%36.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹12 Cr₹13 Cr
Reserves₹44 Cr₹53 Cr₹47 Cr₹62 Cr₹204 Cr₹270 Cr
Borrowings₹0 Cr₹2 Cr₹4 Cr₹3 Cr₹4 Cr₹22 Cr
Other liabilities₹23 Cr₹42 Cr₹42 Cr₹39 Cr₹64 Cr₹63 Cr
Total liabilities₹77 Cr₹108 Cr₹102 Cr₹114 Cr₹284 Cr₹367 Cr
Fixed assets₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹13 Cr₹3 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹23 Cr₹44 Cr₹30 Cr₹39 Cr₹78 Cr₹185 Cr
Other assets₹52 Cr₹62 Cr₹71 Cr₹72 Cr₹194 Cr₹179 Cr
Total assets₹77 Cr₹108 Cr₹102 Cr₹114 Cr₹284 Cr₹367 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

Since Jun 2025, promoters trimmed −4.80 pp while the public added +3.54 pp. The shareholder count grew 227% to 17,732.

Promoters
56.1%
FIIs
1.3%
DIIs
0.5%
Public
42.2%

Since Jun 2025

  • Promoters −4.80 pp
  • Public +3.54 pp
  • FIIs +0.80 pp

How it drifted, 12 quarters

Over this window promoters fell from 72.2% to 56.1% — −16.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 72.2%, Government 0.1%, Public 27.8%.Dec '23: Promoters 72.2%, Government 0.1%, Public 27.8%.Mar '24: Promoters 72.2%, Government 0.1%, Public 27.8%.Jun '24: Promoters 72.2%, Government 0.1%, Public 27.8%.Sep '24: Promoters 72.2%, Government 0.1%, Public 27.8%.Dec '24: Promoters 72.2%, FIIs 0.1%, Government 0.1%, Public 27.6%.Mar '25: Promoters 61.7%, FIIs 0.5%, Government 0.1%, Public 37.7%.Jun '25: Promoters 60.9%, FIIs 0.5%, Public 38.7%.Sep '25: Promoters 59.4%, FIIs 1.2%, Public 39.5%.Dec '25: Promoters 56.8%, FIIs 1.3%, DIIs 0.2%, Public 41.8%.Mar '26: Promoters 56.5%, FIIs 1.2%, DIIs 0.5%, Public 41.8%.Jun '26: Promoters 56.1%, FIIs 1.3%, DIIs 0.5%, Public 42.2%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 4 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Indo Thai Securities Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Varsha Doshi 11.38%−0.08 pp
Dhanpal Doshi 9.80%−0.08 pp
Parasmal Doshi 8.99%−0.07 pp
Sadhana Doshi 8.06%−0.06 pp
Nishit Doshi 4.61%unchanged
Sarthak Doshi 4.55%unchanged
Intellect Money Finvest Private Limited 3.09%newly disclosed
Citadel Real Estates Private Limited 2.09%unchanged
Dhanpal Doshi Huf 2.02%unchanged
Paras Doshi Huf 1.23%unchanged
Indo Thai Wealth Management Private Limited 1.04%unchanged
Nivya Doshi 0.52%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 Indo Thai Securities Limited

Guides on how to read this kind of business and the numbers that matter.