SAHLIBHFI
Shalibhadra Finance financials
- Market cap
- ₹252 Cr
- Sector
- Financial Services
- Calls analysed
- 1
SAHLIBHFI Q4 FY26
What went well
- AUM grew 25% YoY to 220 crores from 176 crores in FY25.
- PAT grew 21.67% YoY to 19.48 crores.
- Robust ROI of 8.65% and ROE of 11.33%.
What to watch
- ROA is expected to slightly decline to around 7% in the next two to three years from the current 8.65% due to the shift towards higher-ticket segments like Micro LAP and home loans.
- Yield on advances declined from 25.4% in FY24 to 20.8% in FY26, attributed to increased competition and a focus on acquiring good quality customers.
Guidance record · Q4 FY26
what the last two calls moved 8 tracked 0 delivered 0 missed 8 open- Total AUM open said Q4 FY26 Promised: 500 crores by FY29 Q4 FY26: Management set a target to reach an AUM of 500 crores by FY29.
All 8 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 15.7%, net profit up 7.4% 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 | 8 | 10 | 9 | 9 | 9 +15% | 11 +13% | 11 +16% | 11 +16% |
| Net profit | 3 | 5 | 4 | 5 | 5 +38% | 5 +7% | 5 +16% | 5 +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 −3.1% YTD
YTD: ₹84.3 on 10 Apr 2026 → ₹81.67. High ₹89.52 (4 Sept 2026), low ₹70 (18 Aug 2026).
How the price took the results
close before → close after
- Q4 FY26
- +0.4%
- 1 Jun
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 12.0% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹33 Cr | ₹36 Cr | ₹41 Cr |
| Interest | ₹7 Cr | ₹5 Cr | ₹5 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹12 Cr | ₹16 Cr | ₹19 Cr |
| Net margin | 36.5% | 43.8% | 47.5% |
| Cash from operations | ₹3 Cr | ₹-27 Cr | ₹-20 Cr |
| Free cash flow | ₹2 Cr | ₹-28 Cr | ₹-21 Cr |
| ROE | 14.0% | 13.0% | 12.0% |
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 | ₹5 Cr | ₹5 Cr | ₹6 Cr | ₹7 Cr | ₹31 Cr | ₹31 Cr |
| Reserves | ₹40 Cr | ₹53 Cr | ₹72 Cr | ₹90 Cr | ₹132 Cr | ₹141 Cr |
| Borrowings | ₹62 Cr | ₹57 Cr | ₹55 Cr | ₹58 Cr | — | ₹56 Cr |
| Other liabilities | ₹4 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr |
| Total liabilities | ₹112 Cr | ₹117 Cr | ₹136 Cr | ₹158 Cr | ₹207 Cr | ₹232 Cr |
| Fixed assets | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹4 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 | ₹9 Cr | ₹3 Cr |
| Other assets | ₹110 Cr | ₹115 Cr | ₹134 Cr | ₹156 Cr | ₹195 Cr | ₹225 Cr |
| Total assets | ₹112 Cr | ₹117 Cr | ₹136 Cr | ₹158 Cr | ₹207 Cr | ₹232 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, FIIs trimmed −2.71 pp while promoters added +2.54 pp. The shareholder count shrank 8% to 4,329.
- Promoters
- 58.1%
- DIIs
- 1.3%
- Public
- 40.6%
Since Jun 2025
- FIIs −2.71 pp
- Promoters +2.54 pp
- DIIs +1.26 pp
How it drifted, 12 quarters
Over this window the public fell from 44.7% to 40.6% — −4.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 55.4%, Public 44.7%.Dec '23: Promoters 60.0%, Public 40.0%.Mar '24: Promoters 60.0%, Public 40.0%.Jun '24: Promoters 60.0%, Public 40.0%.Sep '24: Promoters 60.0%, FIIs 1.2%, Public 38.8%.Dec '24: Promoters 54.8%, FIIs 1.0%, Public 44.2%.Mar '25: Promoters 55.4%, FIIs 0.8%, Public 43.8%.Jun '25: Promoters 55.6%, FIIs 2.7%, Public 41.7%.Sep '25: Promoters 56.2%, FIIs 2.5%, Public 41.3%.Dec '25: Promoters 57.0%, FIIs 2.4%, Public 40.6%.Mar '26: Promoters 57.8%, FIIs 2.2%, Public 40.0%.Jun '26: Promoters 58.1%, DIIs 1.3%, Public 40.6%.
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.
- Dhyana Capital AIF newly disclosed 1.26% held
- Ayushi Minesh Doshi +0.33 pp 2.77% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Shalibhadra Finance Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sheetal Minesh Doshi | 18.03% | unchanged |
| Minesh M Doshi | 16.48% | unchanged |
| Vatsal Minesh Doshi | 8.15% | unchanged |
| Vijaykumar Chhotabhai Kalidas Patel | 3.35% | unchanged |
| Amidhara Agencies Private Limited | 3.23% | unchanged |
| Ramkrishna Climatisers Private Limited | 3.18% | unchanged |
| Ayushi Minesh Doshi | 2.77% | +0.33 pp |
| Shalibhadra Finance Limited- Unclaimed Securities Suspense Account | 2.71% | unchanged |
| Aryavardhan Trading LLP | 2.46% | −0.65 pp |
| Financial Analysts And Investment Rating Limited | 2.42% | unchanged |
| Amit Mukund Doshi | 2.21% | unchanged |
| Proxcel Management Agencies Llp | 2.00% | 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 Shalibhadra Finance Limited
Guides on how to read this kind of business and the numbers that matter.