VLSFINANCE
VLS Finance financials
- Market cap
- ₹773 Cr
- Sector
- Financial Services
What VLS Finance does
VLS Finance Limited is a New Delhi-registered, BSE/NSE/CSE-listed financial services company. It operates through its subsidiary, VLS Securities Limited, which is headed by the same Managing Director as VLS Finance. The company's senior management is also associated with sister entities in the VLS Group, including VLS Asset Management Limited, VLS Capital Limited, VLS Sunnivesh Limited and VLS Commodities Private Limited.
Quarterly results
Q1 FY27: revenue up 25.3%, net profit up 35.2% 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 | 79 | -58 | -49 | 99 | 11 −86% | 29 +150% | -99 −102% | 124 +25% |
| EBITDA | 62 | -73 | -54 | 93 | 5 −92% | 23 +132% | -104 −93% | 118 +27% |
| Net profit | 51 | -58 | -40 | 71 | 7 −86% | 18 +131% | -75 −87% | 96 +35% |
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 +9.2% 1Y
1Y: ₹223.4 on 10 Sept 2025 → ₹244. High ₹333.45 (5 Dec 2025), low ₹201.47 (12 Nov 2025).
Financials, as filed
Revenue fell 21.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to 42.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹82 Cr | ₹407 Cr | ₹102 Cr | ₹40 Cr |
| Operating profit | ₹60 Cr | ₹381 Cr | ₹58 Cr | ₹17 Cr |
| Operating margin | 73.5% | 93.6% | 56.9% | 42.5% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹4 Cr | ₹5 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹56 Cr | ₹324 Cr | ₹46 Cr | ₹21 Cr |
| Net margin | 68.5% | 79.6% | 45.1% | 52.5% |
| Cash from operations | ₹7 Cr | ₹194 Cr | ₹200 Cr | ₹-18 Cr |
| Free cash flow | ₹5 Cr | ₹153 Cr | ₹200 Cr | ₹-18 Cr |
| ROCE | 2.0% | 14.0% | 2.0% | 1.0% |
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 | ₹39 Cr | ₹39 Cr | ₹35 Cr | ₹35 Cr | ₹34 Cr | ₹32 Cr |
| Reserves | ₹2.4k Cr | ₹2.9k Cr | ₹2.5k Cr | ₹2.9k Cr | ₹2.6k Cr | ₹2.1k Cr |
| Borrowings | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹637 Cr | ₹719 Cr | ₹562 Cr | ₹570 Cr | ₹290 Cr | ₹92 Cr |
| Total liabilities | ₹3.1k Cr | ₹3.7k Cr | ₹3.1k Cr | ₹3.6k Cr | ₹2.9k Cr | ₹2.2k Cr |
| Fixed assets | ₹9 Cr | ₹28 Cr | ₹92 Cr | ₹130 Cr | ₹125 Cr | ₹123 Cr |
| Capital work in progress | ₹9 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2.8k Cr | ₹3.4k Cr | ₹2.8k Cr | ₹3.2k Cr | ₹2.6k Cr | ₹1.9k Cr |
| Other assets | ₹247 Cr | ₹223 Cr | ₹221 Cr | ₹264 Cr | ₹171 Cr | ₹146 Cr |
| Total assets | ₹3.1k Cr | ₹3.7k Cr | ₹3.1k Cr | ₹3.6k Cr | ₹2.9k Cr | ₹2.2k 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 added +4.37 pp while the public trimmed −3.68 pp. The shareholder count shrank 12% to 23,975.
- Promoters
- 56.4%
- FIIs
- 1.3%
- DIIs
- 0.0%
- Public
- 42.3%
Since Jun 2025
- Promoters +4.37 pp
- Public −3.68 pp
- FIIs −0.67 pp
How it drifted, 12 quarters
Over this window the public fell from 48.7% to 42.3% — −6.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 50.9%, FIIs 0.4%, DIIs 0.0%, Public 48.7%.Dec '23: Promoters 50.9%, FIIs 0.5%, DIIs 0.0%, Public 48.6%.Mar '24: Promoters 50.9%, FIIs 0.7%, DIIs 0.0%, Public 48.4%.Jun '24: Promoters 50.9%, FIIs 1.1%, DIIs 0.0%, Public 48.0%.Sep '24: Promoters 52.0%, FIIs 2.1%, DIIs 0.0%, Public 45.8%.Dec '24: Promoters 52.0%, FIIs 2.0%, DIIs 0.0%, Public 45.9%.Mar '25: Promoters 52.0%, FIIs 2.0%, DIIs 0.0%, Public 45.9%.Jun '25: Promoters 52.0%, FIIs 1.9%, DIIs 0.0%, Public 46.0%.Sep '25: Promoters 52.0%, FIIs 1.9%, DIIs 0.0%, Public 46.0%.Dec '25: Promoters 52.0%, FIIs 1.3%, DIIs 0.3%, Public 46.4%.Mar '26: Promoters 56.4%, FIIs 1.3%, DIIs 0.1%, Public 42.2%.Jun '26: Promoters 56.4%, FIIs 1.3%, DIIs 0.0%, Public 42.3%.
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.
- Surendra Kumar Gupta +0.05 pp 1.25% held
The same filing shows 0 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 VLS Finance above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| VLS Capital Limited | 42.50% | unchanged |
| Mahesh Prasad Mehrotra (HUF) | 6.32% | unchanged |
| Investor Education and Protection Fund (IEPF) | 4.21% | unchanged |
| Sadhana Mehrotra | 2.82% | unchanged |
| Prateek Bansal | 2.56% | unchanged |
| Divya Mehrotra | 1.73% | unchanged |
| Vikas Mehrotra | 1.55% | unchanged |
| VLS Commodities Private Limited | 1.46% | unchanged |
| Surendra Kumar Gupta | 1.25% | +0.05 pp |
| Uma Pati Keshari | 1.13% | unchanged |
| Kabir Mulji | 1.12% | unchanged |
| South Asian Enterprises Limited | 0.00% | 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 VLS Finance
Guides on how to read this kind of business and the numbers that matter.