New Risk • May 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (₹14m revenue, or US$150k). Market cap is less than US$10m (₹89.3m market cap, or US$924.3k). Minor Risk Significant insider selling over the past 3 months (₹7.1m sold). Announcement • May 09
ISF Limited to Report Q4, 2026 Results on May 15, 2026 ISF Limited announced that they will report Q4, 2026 results on May 15, 2026 Announcement • Jan 13
ISF Limited to Report Q3, 2026 Results on Jan 19, 2026 ISF Limited announced that they will report Q3, 2026 results on Jan 19, 2026 New Risk • Dec 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (₹15m revenue, or US$168k). Market cap is less than US$10m (₹96.9m market cap, or US$1.08m). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Nov 08
ISF Limited to Report Q2, 2026 Results on Nov 14, 2025 ISF Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Announcement • Sep 01
ISF Limited, Annual General Meeting, Sep 27, 2025 ISF Limited, Annual General Meeting, Sep 27, 2025, at 16:00 Indian Standard Time. Announcement • Jul 29
ISF Limited to Report Q1, 2026 Results on Aug 05, 2025 ISF Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Announcement • May 10
ISF Limited to Report Q4, 2025 Results on May 20, 2025 ISF Limited announced that they will report Q4, 2025 results on May 20, 2025 New Risk • Mar 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Revenue is less than US$1m (₹13m revenue, or US$149k). Market cap is less than US$10m (₹96.9m market cap, or US$1.12m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Announcement • Feb 04
ISF Limited to Report Q3, 2025 Results on Feb 11, 2025 ISF Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Announcement • Dec 19
ISF Limited Announces Resignation of Manisha Saxen as Company Secretary and Compliance Officer, Effective December 23, 2024 ISF Limited announced that Ms. Manisha Saxena, Key managerial personnel (KMP) has tendered his resignation from the post of Company Secretary and Compliance Officer of the Company vide her letter dated December 19, 2024 due to personal reasons with effect from December 23, 2024. Announcement • Nov 09
ISF Limited to Report Q2, 2025 Results on Nov 11, 2024 ISF Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Sep 02
ISF Limited, Annual General Meeting, Sep 28, 2024 ISF Limited, Annual General Meeting, Sep 28, 2024, at 16:00 Indian Standard Time. Announcement • Aug 03
ISF Limited Appoints Anil Kumar Verma as Chief Executive Officer ISF Limited as its meeting held ton August 3, 2024 announced that Mr. Anil Kumar Verma appointed as Chief Executive Officer (CEO) of the Company. Date of Appointment is August 3, 2024 He has 23 years of experience across commercial banking, SME lending, portfolio risk management, supply chain finance and fintech based B2B lending. Worked extensively on launching, establishing & growing new business verticals (Asset finance, Supply chain finance, Cross-sell portfolios in SME and mid-corporate lending, trade finance, fintech-lending partnerships, New Product journeys), stakeholder management (lenders, investors, auditors, regulators), Business transitions, and Strategy formulation and execution (start-up, growth and wind-downs. Announcement • Jul 16
ISF Limited to Report Q1, 2025 Results on Aug 03, 2024 ISF Limited announced that they will report Q1, 2025 results on Aug 03, 2024 New Risk • Jun 08
New major risk - Revenue and earnings growth Earnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.5% per year over the past 5 years. Revenue is less than US$1m (₹17m revenue, or US$209k). Market cap is less than US$10m (₹184.3m market cap, or US$2.21m). Announcement • May 24
ISF Limited to Report Q4, 2024 Results on May 30, 2024 ISF Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹17m revenue, or US$210k). Market cap is less than US$10m (₹256.5m market cap, or US$3.09m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Jan 14
ISF Limited to Report Q3, 2024 Results on Jan 20, 2024 ISF Limited announced that they will report Q3, 2024 results on Jan 20, 2024 Announcement • Oct 19
ISF Limited to Report Q3, 2023 Results on Oct 28, 2023 ISF Limited announced that they will report Q3, 2023 results on Oct 28, 2023 Announcement • Aug 26
ISF Limited, Annual General Meeting, Sep 18, 2023 ISF Limited, Annual General Meeting, Sep 18, 2023, at 12:00 Indian Standard Time. Agenda: To consider and adopt the financial statements of the Company for the financial year ended 31 March 2023, together with the Directors' and Auditors' Reports thereon; to appoint a director in place of Mr. Vishal Dang, who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment and to consider other matters. Announcement • Jul 29
ISF Limited to Report Q1, 2024 Results on Aug 04, 2023 ISF Limited announced that they will report Q1, 2024 results on Aug 04, 2023 Announcement • May 28
ISF Limited Announces Resignation of Kamal Batra as Chief Financial Officer, with Effect from Close of Business Hours on 27Th May, 2023 ISF Limited announced that Mr. Kamal Batra, Chief Financial Officer (`CFO') of the Company, has tendered his resignation from the services of the Company due to personal reasons, with effect from close of business hours on 27th May, 2023 . Announcement • May 19
ISF Limited to Report Q4, 2023 Results on May 27, 2023 ISF Limited announced that they will report Q4, 2023 results on May 27, 2023 Announcement • Feb 02
ISF Limited to Report Q3, 2023 Results on Feb 10, 2023 ISF Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Whole Time Director & MD Vishal Dang is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 13
ISF Limited Announces Company Secretary & Compliance Officer Changes, Effective November 12, 2022 ISF Limited at its Board of Directors meeting held on November 12, 2022 announced resignation of Mr. Nitin Bhardwaj from the post of Company Secretary & Compliance Officer of the Company with immediate effect. The Board has accepted his resignation and has relieved him from the responsibilities with effect from November 12, 2022 and Appointment of Ms. Renu as Company Secretary and Compliance Office of the Company with effect from November 12, 2022. Ms. Renu is an _ Associate member of The _ Institute of Company Secretary of India and having Dynamic experience in the field of Corporate Compliance, Due-Diligence, Reporting and Financial Management. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹3.18, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 18x in the Diversified Financial industry in India. Total returns to shareholders of 783% over the past three years. Announcement • Oct 23
ISF Limited Announces Resignation of Ravi Kanth Kothuru from the Board of Directors W.E.F. 22Nd October 2022 ISF Limited announced that Mr. Ravi Kanth Kothuru (DIN: 01348930), Independent Director has resigned from the Board of Directors w.e.f. 22nd October 2022. Board Change • Sep 28
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Whole Time Director & MD Vishal Dang is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 14
Isf Limited Announces Resignation of Mr. Prem Jain Kumar as Director ISF Limited announced that Mr. Prem Jain Kumar has tendered his resignation as Whole Time Director of the Company as he wishes to move ahead to assume larger responsibilities and theBoard has accordingly considered and accepted the same on September 13, 2022. Mr. Prem Jain Kumar will be relieved from the services of the Company effective end of the day, 12th September 2022. The Board places on record its sincere appreciation for the remarkable contribution made by Mr. Prem Jain Kumar during his tenure with the Company and wishes him the very best in his future endeavors. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹2.36, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 22x in the Diversified Financial industry in India. Total returns to shareholders of 574% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹3.26, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 22x in the Diversified Financial industry in India. Total returns to shareholders of 831% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 27% share price gain to ₹3.81, the stock trades at a trailing P/E ratio of 61.4x. Average trailing P/E is 20x in the Diversified Financial industry in India. Total returns to shareholders of 47% over the past year. Announcement • Jun 29
ISF Limited announces Resignation of Shweta Aggarwal as Independent Director ISF Limited announced that Mrs. Shweta Aggarwal has vide her letter dated June 27, 2022, tendered her resignation as an Independent Director of the Company with effect from June 25, 2022 on account of personal reasons pursuant to Section 168 of the Companies Act, 2013. Resignation letter of Mrs. Shweta Aggarwal is approved in board meeting held on June 28, 2022. Reason for resignation is due to personal reasons. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹4.83, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 19x in the Diversified Financial industry in India. Total returns to shareholders of 1,280% over the past three years. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Whole Time Director Vishal Dang is the most experienced director on the board, commencing their role in 2020. Additional Independent Non-Executive Director Shweta Aggarwal was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₹4.94, the stock trades at a trailing P/E ratio of 74.8x. Average trailing P/E is 19x in the Diversified Financial industry in India. Total returns to shareholders of 1,235% over the past three years. Board Change • Sep 15
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Whole Time Director Vishal Dang is the most experienced director on the board, commencing their role in 2020. Additional Independent Non-Executive Director Shweta Aggarwal was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Sep 13
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Additional Non-Executive Non Independent Director Vishal Dang is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 10
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Additional Non-Executive Non Independent Director Vishal Dang is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 17% share price gain to ₹2.25, the stock trades at a trailing P/E ratio of 58.9x. Average trailing P/E is 15x in the Diversified Financial industry in India. Total returns to shareholders of 369% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₹1.29, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 13x in the Diversified Financial industry in India. Total returns to shareholders of 193% over the past three years. Executive Departure • Apr 16
Company Secretary & Compliance Officer has left the company On the 12th of April, Aarti Singh's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Aarti's name. A total of 9 executives have left over the last 12 months. Executive Departure • Apr 10
MD & Executive Director has left the company On the 1st of April, Amarjit Singh's tenure as MD & Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Amarjit's name. A total of 8 executives have left over the last 12 months. Executive Departure • Apr 02
MD & Executive Director has left the company On the 31st of March, Amarjit Singh's tenure as MD & Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Amarjit's name. A total of 8 executives have left over the last 12 months. Announcement • Mar 19
ISF Limited Announces Resignation of Amarjit Singh Rom the Post of the Managing Director, Effect from March 31, 2021 ISF Limited announced that the Company has received the intimation of resignation of Mr. Amarjit Singh (bearing DIN: 00062294) from the post of the Managing Director and Director of the Company with effect from March 31, 2021 (end of the day). Announcement • Mar 18
ISF Limited Announces Resignation of Amarjit Singh as Director, Effective March 31, 2021 ISF Limited has received the intimation of resignation of Mr. Amarjit Singh (bearing DIN: 00062294) from the post of the Director of the Company with effect from March 31, 2021. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 25% share price gain to ₹1.01, the stock is trading at a trailing P/E ratio of 26.5x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 13x in the Diversified Financial industry in India. Total returns to shareholders over the past three years are 140%. Is New 90 Day High Low • Feb 25
New 90-day high: ₹0.85 The company is up 6.0% from its price of ₹0.80 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 23% over the same period. Is New 90 Day High Low • Feb 09
New 90-day low: ₹0.54 The company is down 36% from its price of ₹0.85 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 30% over the same period. Announcement • Feb 08
ISF Limited to Report Q3, 2021 Results on Feb 12, 2021 ISF Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: ₹0.57 The company is down 48% from its price of ₹1.10 on 27 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 33% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: ₹0.65 The company is down 29% from its price of ₹0.92 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 33% over the same period. Announcement • Dec 17
ISF Limited Announces CFO changes ISF Limited announced that Mr. Gurdial Singh Bakshi ceased to be the Chief Financial Officer of the Company with effect from December 14, 2020. Whereas, Mr. Kamal batra has been appointed as Chief Financial Officer of the company, with effect from November 13, 2020 and intimation has been given to BSE on same date. Is New 90 Day High Low • Dec 14
New 90-day low: ₹0.70 The company is down 1.0% from its price of ₹0.71 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 24% over the same period. Announcement • Nov 14
ISF Limited Announces Appointment of CS Aarti Singh as Company Secretary ISF Limited announced appointment of CS Aarti Singh as a Company Secretary effective from November 13, 2020. Announcement • Nov 08
ISF Limited to Report Q2, 2021 Results on Nov 13, 2020 ISF Limited announced that they will report Q2, 2021 results on Nov 13, 2020 Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 21% share price gain to ₹1.02, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.5x. This compares to an average P/E of 10x in the Diversified Financial industry in India. Total returns to shareholders over the past three years are 104%. Announcement • Oct 13
ISF Limited Announces Cessation of C.S. Yajya Vashistha as Company Secretary ISF Limited announced that C.S. Yajya Vashistha ceased to the Company Secretary of the company from end of day of October 11, 2020. Is New 90 Day High Low • Oct 08
New 90-day high: ₹0.88 The company is up 184% from its price of ₹0.31 on 10 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 4.0% over the same period. Announcement • Jun 28
ISF Limited to Report Q4, 2020 Results on Jun 29, 2020 ISF Limited announced that they will report Q4, 2020 results on Jun 29, 2020 