Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹9.18 (vs ₹7.36 in 3Q 2025) Third quarter 2026 results: EPS: ₹9.18 (up from ₹7.36 in 3Q 2025). Revenue: ₹644.4m (up 20% from 3Q 2025). Net income: ₹209.2m (up 25% from 3Q 2025). Profit margin: 33% (up from 31% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 11
Now 21% overvalued Over the last 90 days, the stock has fallen 4.1% to ₹262. The fair value is estimated to be ₹216, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 18%. Announcement • Feb 05
CSL Finance Limited to Report Q3, 2026 Results on Feb 13, 2026 CSL Finance Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹10.73 (vs ₹7.84 in 2Q 2025) Second quarter 2026 results: EPS: ₹10.73 (up from ₹7.84 in 2Q 2025). Revenue: ₹638.3m (up 18% from 2Q 2025). Net income: ₹244.6m (up 37% from 2Q 2025). Profit margin: 38% (up from 33% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
CSL Finance Limited to Report Q2, 2026 Results on Nov 13, 2025 CSL Finance Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 13, 2025 Declared Dividend • Aug 30
Dividend increased to ₹3.00 Dividend of ₹3.00 is 20% higher than last year. Ex-date: 12th September 2025 Payment date: 20th October 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 32% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 25
CSL Finance Limited, Annual General Meeting, Sep 20, 2025 CSL Finance Limited, Annual General Meeting, Sep 20, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹9.36 (vs ₹8.12 in 1Q 2025) First quarter 2026 results: EPS: ₹9.36 (up from ₹8.12 in 1Q 2025). Revenue: ₹595.9m (up 16% from 1Q 2025). Net income: ₹213.2m (up 15% from 1Q 2025). Profit margin: 36% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Aug 06
CSL Finance Limited to Report Q1, 2026 Results on Aug 12, 2025 CSL Finance Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹31.64 (vs ₹28.63 in FY 2024) Full year 2025 results: EPS: ₹31.64 (up from ₹28.63 in FY 2024). Revenue: ₹2.16b (up 30% from FY 2024). Net income: ₹720.9m (up 14% from FY 2024). Profit margin: 33% (down from 38% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. New Risk • Apr 21
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 Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹6.42b market cap, or US$75.4m). Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₹343, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 27x in the Diversified Financial industry in India. Total returns to shareholders of 70% over the past three years. Announcement • Apr 04
CSL Finance Limited Appoints Ayussh Mittaal as the President- Audit, Effective April 3, 2025 CSL Finance Limited has appointed Mr. Ayussh Mittaal as the President- Audit (designated as Senior Management Personnel), effective April 3, 2025. Mr. Ayussh Mittaal is qualified Chartered Accountant of 2016 Batch and holds a Bachelor's degree in Commerce from Delhi University. He has an impeccable professional and academic track record and manages the day to day operations of various professional advisory firms. He has a vast experience of more than 10+ years in capital and forex markets. He carries an experience of more than 9 years in field of taxation, corporate litigation pertaining to tax and corporate restructuring. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹7.36 (vs ₹7.34 in 3Q 2024) Third quarter 2025 results: EPS: ₹7.36 (up from ₹7.34 in 3Q 2024). Revenue: ₹537.0m (up 18% from 3Q 2024). Net income: ₹167.7m (flat on 3Q 2024). Profit margin: 31% (down from 37% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jan 02
CSL Finance Limited Announces Resignation of Amit Ranjan as Chief Operating Officer CSL Finance Limited announced that Mr. Amit Ranjan, Chief Operating Officer (designated as Senior Management Personnel), has tendered his resignation from the services of the Company due to personal reasons with effect from January 1, 2025. Announcement • Jan 01
CSL Finance Limited Announces Changes in Senior Management CSL Finance Limited announced the changes in Senior Management Mr. Chandan Kumar has been promoted to the position of Head of Strategy and Business. Mr. Sachin Shah has assumed the role of Zonal Sales Manager (ZSM). Additionally, Mr. Chirag Gupta has been promoted to Credit Head for the Wholesale Vertical. Effective January 1, 2025. Mr. Chandan Kumar has been promoted to Head Strategy. He will continue with his existing role as Business Head - Wholesale Division. He is a chartered accountant by qualification and has successfully led the Wholesale Credit Vertical for the past seven years and has been instrumental in its continued success and profitability. With his added responsibilities he will now focus on strategic planning for the Company and help the growth in the SME Division in consultation with the key SME vertical leaders. Mr. Sachin Shah, formerly the State Head (SH) for Gujarat, has been promoted to Zonal Sales Manager (ZSM) for the West region. His leadership has helped drive the growth of the company in Gujarat, and in his new role he will take charge of the entire Western region. Mr. Chirag Gupta has now been promoted Credit Head - Wholesale Vertical. He is with the Company from last 7 years and has worked as Assistant Credit Head. He is Chartered Accountant by qualification and comes with enriched experience of more than 12 years in Wholesale and Retail Credit. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹7.84 (vs ₹7.04 in 2Q 2024) Second quarter 2025 results: EPS: ₹7.84 (up from ₹7.04 in 2Q 2024). Revenue: ₹543.1m (up 41% from 2Q 2024). Net income: ₹178.5m (up 21% from 2Q 2024). Profit margin: 33% (down from 39% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.36b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹8.36b market cap, or US$99.4m). Announcement • Sep 24
CSL Finance Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 CSL Finance Limited at its AGM held on September 21, 2024, approved to declare a final dividend of INR 2.50 per equity share for the financial year ended March 31, 2024. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹475, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 26x in the Diversified Financial industry in India. Total returns to shareholders of 328% over the past three years. Declared Dividend • Aug 31
Dividend of ₹2.50 announced Dividend of ₹2.50 is the same as last year. Ex-date: 13th September 2024 Payment date: 21st October 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 33% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 12
CSL Finance Limited, Annual General Meeting, Sep 21, 2024 CSL Finance Limited, Annual General Meeting, Sep 21, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: ₹8.12 (vs ₹6.39 in 1Q 2024) First quarter 2025 results: EPS: ₹8.12 (up from ₹6.39 in 1Q 2024). Revenue: ₹513.6m (up 45% from 1Q 2024). Net income: ₹184.9m (up 40% from 1Q 2024). Profit margin: 36% (down from 37% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 31
CSL Finance Limited Announces Executive Appointment CSL Finance Limited approved Appointment of Mr. Atul Kumar Agrawal as Chief Compliance Officer (`CCO') of the Company as per RBI Circular dated April 11, 2022 having reference number.DoS.CO.PPG. /SEC.01/11.01.005/2022-23 based on recommendation of Nomination and Remuneration Committee. Company also approved Appointment of Mr. Nikhil Singh as Chief Information Security Officer (`CISO') of the Company pursuant to RBI Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices dated November 07, 2023 based on recommendation of Nomination and Remuneration Committee. Term of Appointment: 3 year. Mr. Atul embarked on his professional journey in January 2003 after qualifying as a Chartered Accountant. In 2007, he transitioned to the industry to broaden his expertise and joined a diverse business group engaged in sectors including NBFC, Education, Aviation, Real Estate, and Passenger Vehicle Dealership. He was instrumental in raising debt for NBFC & Education Vertical. Later on, he was promoted to Chief Financial Officer of the listed NBFC of the group wherein he was handling the AUM of INR 25000 million with bank borrowings of over INR 15000 million. He was instrumental in the conversion of NBFC financial from Indian GAAP to IND-AS. At CSL, He has been involved in ensuring compliance with the Reserve Bank of India (RBI) regulations, including adherence to the RBI's prudential norms, capital adequacy requirements, and guidelines for asset classification and provisioning. Mr. Nikhil is a seasoned professional with over 18 years of experience in the Banking, Financial Services, and Insurance (BFSI) sector. He also has experience in the field of software and service domain. His diverse career spans institutions such as ICICI Bank, HDFC Bank, and CSL Finance. As the Head of Business Operations and Data Analytics at CSL Finance, he drives innovation in retail lending, leveraging data-driven insights for strategic decision-making. Certified in KYC, AML, and SAP Loans Management. Term of Appointment: 3 year. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹519, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 32x in the Diversified Financial industry in India. Total returns to shareholders of 320% over the past three years. Announcement • Jul 23
CSL Finance Limited to Report Q1, 2025 Results on Jul 31, 2024 CSL Finance Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: ₹28.60 (vs ₹22.01 in FY 2023) Full year 2024 results: EPS: ₹28.60 (up from ₹22.01 in FY 2023). Revenue: ₹1.67b (up 42% from FY 2023). Net income: ₹633.6m (up 39% from FY 2023). Profit margin: 38% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
CSL Finance Limited Recommends A Final Dividend for the Financial Year Ended March 31, 2024 The board of directors of CSL Finance Limited meeting held on May 15, 2024, recommended a final dividend of INR 2.50 per equity share (@25% on a face value of INR 10 each) for the financial year ended March 31, 2024, subject to the approval of the members at the upcoming Annual General Meeting. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹511, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 28x in the Diversified Financial industry in India. Total returns to shareholders of 517% over the past three years. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: ₹7.34 (vs ₹5.74 in 3Q 2023) Third quarter 2024 results: EPS: ₹7.34 (up from ₹5.74 in 3Q 2023). Revenue: ₹456.4m (up 46% from 3Q 2023). Net income: ₹167.2m (up 41% from 3Q 2023). Profit margin: 37% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 19
CSL Finance Limited to Report Q3, 2024 Results on Jan 29, 2024 CSL Finance Limited announced that they will report Q3, 2024 results on Jan 29, 2024 New Risk • Dec 11
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 7.4% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (9.8% increase in shares outstanding). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹401, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 22x in the Diversified Financial industry in India. Total returns to shareholders of 402% over the past three years. Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: ₹7.04 (vs ₹5.40 in 2Q 2023) Second quarter 2024 results: EPS: ₹7.04 (up from ₹5.40 in 2Q 2023). Revenue: ₹385.3m (up 41% from 2Q 2023). Net income: ₹148.2m (up 32% from 2Q 2023). Profit margin: 39% (down from 41% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 26
CSL Finance Limited Approves Final Dividend for the Financial Year Ended 31 March, 2023 CSL Finance Limited at the Annual General Meeting held on September 23, 2023 approved to confirm the payment of final Dividend of INR 2.5 per equity shares of INR 10 each for the Financial Year ended 31 March, 2023. Upcoming Dividend • Sep 08
Upcoming dividend of ₹2.50 per share at 0.8% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 23 October 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.8%). Announcement • Aug 19
CSL Finance Limited, Annual General Meeting, Sep 23, 2023 CSL Finance Limited, Annual General Meeting, Sep 23, 2023, at 12:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹6.39 (vs ₹5.13 in 1Q 2023) First quarter 2024 results: EPS: ₹6.39 (up from ₹5.13 in 1Q 2023). Revenue: ₹354.9m (up 41% from 1Q 2023). Net income: ₹132.5m (up 25% from 1Q 2023). Profit margin: 37% (down from 42% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 29
CSL Finance Limited to Report Q1, 2024 Results on Aug 07, 2023 CSL Finance Limited announced that they will report Q1, 2024 results on Aug 07, 2023 New Risk • Jul 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (₹7.68b market cap, or US$93.3m). Announcement • Jun 29
CSL Finance Limited announced that it expects to receive INR 486.2 million in funding from Kitara Piin 1103 CSL Finance Limited announced a private placement of up-to 17,00,000 equity shares of face value of INR 10 at an issue price of INR 286 per share on preferential basis for gross proceeds of INR 486,200,000 on June 27, 2023. The transaction included participation from new investor Non-Promoter Kitara PIIN 1103. The transaction has been approved by board of directors and subject to approval of shareholders in Extra Ordinary General Meeting. New Risk • Jun 21
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 8.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (₹6.65b market cap, or US$81.0m). Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹327, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total returns to shareholders of 434% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹236, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 24x in the Diversified Financial industry in India. Total returns to shareholders of 320% over the past three years. Recent Insider Transactions • Jun 06
MD & Executive Promoter Director recently bought ₹4.6m worth of stock On the 1st of June, Rohit Gupta bought around 22k shares on-market at roughly ₹212 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Rohit has been a buyer over the last 12 months, purchasing a net total of ₹5.9m worth in shares. Announcement • May 30
CSL Finance Limited Recommends Dividend for the Financial Year Ended March 31, 2023 CSL Finance Limited at its board of directors meeting held on May 29, 2023, recommended a final dividend of INR 2.50/- (Rupees Two and Fifty Paisa only) per equity share of face value of INR 10/- each (25%) for the financial year ended March 31, 2023. The said dividend, if declared by the members of the Company at the ensuing Annual General Meeting, shall be credited/dispatched to the shareholders within 30 days of declaration and any further information in this regard including record date etc. shall be given to the stock exchange in due course. Recent Insider Transactions • May 27
MD & Executive Promoter Director recently bought ₹495k worth of stock On the 24th of May, Rohit Gupta bought around 2k shares on-market at roughly ₹207 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Rohit has been a buyer over the last 12 months, purchasing a net total of ₹787k worth in shares. Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹22.02 (vs ₹17.83 in FY 2022) Full year 2023 results: EPS: ₹22.02 (up from ₹17.83 in FY 2022). Revenue: ₹1.18b (up 57% from FY 2022). Net income: ₹456.3m (up 36% from FY 2022). Profit margin: 39% (down from 45% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Apr 01
Chief Manager of Accounts recently sold ₹1.1m worth of stock On the 29th of March, Sher Tiwari sold around 6k shares on-market at roughly ₹202 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹845k more than they bought in the last 12 months. Recent Insider Transactions • Mar 21
MD & Executive Promoter Director recently bought ₹78k worth of stock On the 17th of March, Rohit Gupta bought around 374 shares on-market at roughly ₹208 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹214k. Rohit has been a buyer over the last 12 months, purchasing a net total of ₹292k worth in shares. Recent Insider Transactions • Mar 04
MD & Executive Promoter Director recently bought ₹214k worth of stock On the 1st of March, Rohit Gupta bought around 1k shares on-market at roughly ₹214 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Rohit's only on-market trade for the last 12 months. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: ₹5.74 (vs ₹4.71 in 3Q 2022) Third quarter 2023 results: EPS: ₹5.74 (up from ₹4.71 in 3Q 2022). Revenue: ₹312.9m (up 65% from 3Q 2022). Net income: ₹119.0m (up 37% from 3Q 2022). Profit margin: 38% (down from 46% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹5.40 (vs ₹3.86 in 2Q 2022) Second quarter 2023 results: EPS: ₹5.40 (up from ₹3.86 in 2Q 2022). Revenue: ₹274.0m (up 60% from 2Q 2022). Net income: ₹112.0m (up 58% from 2Q 2022). Profit margin: 41% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 09
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.8%). Announcement • Aug 10
CSL Finance Limited Announces Resignation of Anjna Mittal as Director CSL Finance Limited announced that Ms. Anjna Mittal, has resigned from the post of Independent Directorship of the Company due to her pre-occupations and prior assignments, effective August 09, 2022. Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹5.13 (vs ₹3.82 in 1Q 2022) First quarter 2023 results: EPS: ₹5.13 (up from ₹3.82 in 1Q 2022). Revenue: ₹251.0m (up 61% from 1Q 2022). Net income: ₹106.4m (up 52% from 1Q 2022). Profit margin: 42% (down from 45% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 25% share price gain to ₹300, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 23x in the Diversified Financial industry in India. Total returns to shareholders of 268% over the past three years. Board Change • Jul 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Ayush Mittal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹17.86 (vs ₹15.03 in FY 2021) Full year 2022 results: EPS: ₹17.86 (up from ₹15.03 in FY 2021). Revenue: ₹748.0m (up 21% from FY 2021). Net income: ₹334.5m (up 22% from FY 2021). Profit margin: 45% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 26
CSL Finance Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2022 CSL Finance Limited at its board meeting held on May 24, 2022 recommended final dividend of INR 2.50 per share for the financial year ended 31 March, 2022. Announcement • May 17
CSL Finance Limited to Report Q4, 2022 Results on May 24, 2022 CSL Finance Limited announced that they will report Q4, 2022 results on May 24, 2022 Announcement • Jan 13
CSL Finance Limited announced that it expects to receive INR 306 million in funding from LRSD Securities Private Limited CSL Finance Limited announced a private placement of 1,825,000 shares of face value of INR 10 each and issue price of INR 160 each for gross proceeds of INR 292,000,000 and 350,000 fully convertible warrants at INR 40 each for gross proceeds of INR ?14,000,000?; for an aggregate gross proceeds of INR ?306,000,000? on January 12, 2022. The company will issue securities on preferential basis to persons or entities belonging to non-promoter group. The investors would invest 25% of the exercise price of warrants as upfront payment. The remaining 75% would be payable upon exercise of these warrants. The warrants issued would expire in 18 months from the date of issue. The transaction will involve participation from new investor, LRSD Securities Private Limited for 600,000 shares, individual investors, Sanjay Gupta for 1,200,000 shares and 200,000 warrants, Prachi Garg for 25,000 shares, Amit Ranjan for 75,000 warrants, Chandan Kumar for 50,000 warrants and Chirag Gupta for 25,000 warrants. The transaction has been approved by the board of directors of the company. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 23% share price gain to ₹159, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 20x in the Diversified Financial industry in India. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 26% share price gain to ₹144, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 17x in the Diversified Financial industry in India. Total returns to shareholders of 13% over the past three years. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS ₹11.47 (vs ₹3.84 in 1Q 2021) The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: ₹156.0m (up 5.8% from 1Q 2021). Net income: ₹70.1m (flat on 1Q 2021). Profit margin: 45% (down from 48% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹408, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 15x in the Diversified Financial industry in India. Total loss to shareholders of 30% over the past three years. Executive Departure • Jul 06
Company Secretary & Compliance Officer Anju Biyani has left the company On the 25th of June, Anju Biyani'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 Anju's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.17 years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 19% share price gain to ₹363, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 15x in the Diversified Financial industry in India. Total loss to shareholders of 34% over the past three years. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS ₹45.08 (vs ₹36.88 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹618.6m (up 1.6% from FY 2020). Net income: ₹275.3m (up 23% from FY 2020). Profit margin: 45% (up from 37% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹283, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Diversified Financial industry in India. Total loss to shareholders of 51% over the past three years. Announcement • Feb 26
CSL Finance Limited Announces Appointment of Anju Biyani as Company Secretary and Compliance Officer CSL Finance Limited announced that the Board of Directors, in its meeting held on February 25, 2021, appointed Ms. Anju Biyani (Membership No. A20012) as the Company Secretary and Key Managerial Personnel of the Company with immediate effect, In this capacity, Ms. Biyani will lead Corporate Secretarial matters of the Company. Is New 90 Day High Low • Feb 23
New 90-day low: ₹248 The company is down 5.0% from its price of ₹260 on 25 November 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 22% over the same period. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹7.98 (vs ₹11.14 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹149.0m (down 3.9% from 3Q 2020). Net income: ₹48.6m (down 29% from 3Q 2020). Profit margin: 33% (down from 44% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Feb 06
CSL Finance Limited to Report Q3, 2021 Results on Feb 12, 2021 CSL Finance Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 29
New 90-day high: ₹298 The company is up 35% from its price of ₹220 on 30 September 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₹295 The company is up 38% from its price of ₹214 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 26% over the same period. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 18% share price gain to ₹289, the stock is trading at a trailing P/E ratio of 7.8x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 13x in the Diversified Financial industry in India. Total return to shareholders over the past three years is a loss of 60%. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 15% share price gain to ₹245, the stock is trading at a trailing P/E ratio of 6.6x, up from the previous P/E ratio of 5.7x. This compares to an average P/E of 14x in the Diversified Financial industry in India. Total return to shareholders over the past three years is a loss of 64%. Is New 90 Day High Low • Nov 16
New 90-day high: ₹251 The company is up 39% from its price of ₹180 on 18 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 7.0% over the same period. Reported Earnings • Nov 14
Second quarter 2021 earnings released: EPS ₹11.25 The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: ₹151.2m (flat on 2Q 2020). Net income: ₹68.6m (down 5.4% from 2Q 2020). Profit margin: 45% (down from 48% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Sep 08
CSL Finance Limited to Report Q1, 2021 Results on Sep 14, 2020 CSL Finance Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Jul 17
CSL Finance Limited to Report Q4, 2020 Results on Jul 20, 2020 CSL Finance Limited announced that they will report Q4, 2020 results on Jul 20, 2020