| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 14.3 | 23.7 | −39.7% |
| EBITDA | −26.9 | 20.0 | — |
| EBITDA margin | −188.3% | 84.2% | −272.5 pts |
| Profit before tax | −28.4 | 19.4 | — |
| Net profit | −24.8 | 14.4 | — |
| EPS | −₹1.90 | ₹1.20 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 367 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2.8 | 3.3 | 0.9 | 2.8 | 2.0 | ||
| 2.9 | 2.9 | 1.7 | — | — | ||
| 24.7 | 24.7 | 3.9 | 6.2 | 3.6 | ||
| 392 | — | — | — | — | ||
| 101 | 104 | 26.3 | 31.3 | 7.6 | ||
| — | +294.2% | −15.8% | +313.8% | — | ||
| 44.9 | 86.0 | 11.3 | 20.2 | −8.8 | ||
| 44.5% | 82.9% | 42.9% | 64.6% | −116.6% | ||
| 43.9 | 85.4 | 10.7 | 19.7 | −9.3 | ||
| 29.4 | 66.2 | 7.9 | 15.4 | −7.1 | ||
| 29.1% | 63.7% | 30.0% | 49.1% | −94.6% | ||
| ₹2.29 | ₹5.14 | ₹0.61 | ₹1.19 | −₹0.56 | ||
| — | +738.7% | −48.6% | +314.9% | — | ||
| — | −33.7 | −21.5 | −2.7 | 1.3 | ||
| — | −1.7 | −0.4 | −2.2 | −0.4 | ||
| −35.4 | −35.4 | −21.9 | −4.9 | 0.9 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 366.9 | |
| - Cash, Equiv & ST Investments | 2.0 | 2.8 | 0.9 | 3.3 | 2.8 | |
| + Minority Interest | — | — | 1.7 | 2.9 | 2.9 | |
| + Total Debt | 3.6 | 6.2 | 3.9 | 24.7 | 24.7 | |
| Enterprise Value | — | — | — | — | 391.8 | |
| Revenue | 7.6 | 31.3 | 26.3 | 103.8 | 101.0 | |
| Growth %, YoY | — | +313.8 | -15.8 | +294.2 | — | |
| EBITDA | -8.8 | 20.2 | 11.3 | 86.0 | 44.9 | |
| Margin % | -116.58 | 64.59 | 42.89 | 82.88 | 44.46 | |
| EBIT | -9.3 | 19.7 | 10.7 | 85.4 | 43.9 | |
| Net Income | -7.1 | 15.4 | 7.9 | 66.2 | 29.4 | |
| Margin % | -94.55 | 49.10 | 29.96 | 63.73 | 29.12 | |
| EPS, Adj (current shares) | -0.56 | 1.19 | 0.61 | 5.14 | 2.29 | |
| Growth %, YoY | — | +314.9 | -48.6 | +738.7 | — | |
| Cash from Operations | 1.3 | -2.7 | -21.5 | -33.7 | — | |
| Capital Expenditures | -0.4 | -2.2 | -0.4 | -1.7 | — | |
| Free Cash Flow | 0.9 | -4.9 | -21.9 | -35.4 | -35.4 | |
Prices at the previous close · figures from the company's filings with NSE
Indo Thai Securities (NSE: INDOTHAI) had a market capitalisation of ₹379 crore at the previous close (₹28.53 a share), a PE ratio of 12.8 on the last four quarters' profit and a price-to-book ratio of 1.38. In FY26 its consolidated net profit was ₹66.2 crore on revenue of ₹104 crore; in Q2 FY27 (July–September 2026) it was a loss of ₹24.8 crore. Its debt-to-equity ratio was 0.02 on 30 September 2026. Promoters held 54.77% of the shares on 30 September 2026.
Indo Thai Securities' PE ratio is 12.8 at the previous close (₹28.53 a share): a market capitalisation of ₹379 crore divided by consolidated net profit of ₹29.6 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹66.2 crore) it is 5.7.
Indo Thai Securities' price-to-book (PB) ratio is 1.38 at the previous close: a market capitalisation of ₹379 crore divided by shareholders' equity (book value) of ₹274 crore on 30 September 2026. That is a book value of ₹20.60 per share against a share price of ₹28.53.
Indo Thai Securities' debt-to-equity ratio was 0.02 on 30 September 2026: borrowings, debt securities, deposits and subordinated debt of ₹5.3 crore against total equity of ₹277 crore. A year earlier, on 30 September 2025, it was 0.02.
Indo Thai Securities' market capitalisation was ₹379 crore at the previous close: 13.28 crore shares at ₹28.53 each.
In FY26, Indo Thai Securities' return on equity (ROE) was 28.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year).
Indo Thai Securities' basic earnings per share (EPS) were ₹5.39 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹2.37.
No. Indo Thai Securities had borrowings of ₹5.3 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.02. Its cash and current investments were ₹160 crore, so it held net cash of ₹155 crore.
Indo Thai Securities' net worth — shareholders' equity in its consolidated balance sheet — was ₹274 crore on 30 September 2026, up 26.3% from ₹217 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹379 crore at the previous close.
Indo Thai Securities' book value per share was ₹20.60 on 30 September 2026: shareholders' equity of ₹274 crore divided by the 13.28 crore shares in issue, up 15.6% from ₹17.82 a year earlier. The share price at the previous close was ₹28.53.
Indo Thai Securities' dividend yield is 0.35% at the previous close: dividends of ₹0.10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹28.53. They were ₹0.10 on 11 September 2026.
Promoters held 54.77% of Indo Thai Securities on 30 September 2026, down 1.30 percentage points from 56.07% the previous quarter and down 4.59 percentage points from 59.36% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Indo Thai Securities generated ₹33.7 crore of cash from operations and spent ₹1.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹35.4 crore. In FY25 it was −₹21.9 crore.
In 2026, Indo Thai Securities has declared one dividend: ₹0.10 with record date 12 September 2026 and ex-date 11 September 2026.
Indo Thai Securities' latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net loss ₹24.8 crore, against a profit of ₹14.5 crore in Q2 FY26; revenue from operations ₹14.3 crore, down 39.7% year on year.
In FY26 (April 2025–March 2026), Indo Thai Securities' consolidated net profit was ₹66.2 crore, up 738.7% from ₹7.9 crore in FY25, on revenue from operations of ₹104 crore (up 294.2%).
On 30 September 2026, Indo Thai Securities' shares were held by promoters 54.77%, foreign portfolio investors (FII/FPI) 0.16%, domestic institutions (DII) 0.10% and retail and other non-institutional investors 44.97%. Over the year, FII holding was down 1.01 percentage points from 1.17%.
On FY26 consolidated figures, against Emkay Global Financial Services, Aditya Birla Money and Arihant Capital Markets: Indo Thai Securities' return on equity of 28.6% is the highest of the four (Emkay Global Financial Services 4.5%, Aditya Birla Money 21.8%, Arihant Capital Markets 7.6%; peer average 11.3%).
In FY26, Indo Thai Securities earned net profit of ₹66.2 crore on revenue of ₹104 crore, against ₹15.2 crore on ₹377 crore for Emkay Global Financial Services. Indo Thai Securities' operating margin was 82.3% (Emkay Global Financial Services 3.9%) and its return on equity 28.6% (Emkay Global Financial Services 4.5%).
Indo Thai Securities has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
From Indo Thai Securities' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.