Indo Thai SEC Ltd

NSE: INDOTHAI · Stockbroking & Allied · sector

₹29.50NSE close 2026-10-26

Key numbers

Market cap₹392 cr

Price₹29.50

52w high / low₹466 / ₹29

P/E12.0xSector median 19.5x

P/B1.4xSector median 1.7x

Book value₹20.5

Dividend yield0.30%Sector median 0.77%

ROE11.1%Sector median 10.7%

ROA8.29%Sector median 3.53%

Gross NPA–

Net NPA–

CET1–

Sales growth 3y+137.9%Sector median +18.4%

Profit growth 3y–Sector median +8.3%

PEG0.55x

Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 39 companies in Stockbroking & Allied (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

No promoter shares are pledged.
Promoter holding fell by 4.59 percentage points in a year, to 54.77% (2026-09-30).
Net loss in 2 of the last 8 quarters.
Total income was higher than a year earlier in 3 of the last 4 quarters.
Dividend paid in 5 of the last 5 financial years.
Price ₹29.50 on 2026-10-26: -93.7% from the 52-week high, +1.7% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹460.40 · low ₹29.50

Quarterly results

₹ cr	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total income	6	6	14	24	28	38	21	14
Net interest income	6	6	14	24	28	38	21	14
Other income	0	0	0	0	0	0	0	0
Net profit	1	-2	8	15	17	27	11	-28
EPS (₹)	0.13	-0.19	0.70	1.21	1.40	2.07	0.86	-1.87
Revenue YoY					+398.7%	+555.2%	+47.0%	-39.6%
Profit YoY					+1,207.5%	–	+34.5%	-292.1%

Standalone figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	20	8	31	27	103	101
Net profit	10	-6	17	9	67	27
EPS (₹)	1.04	-0.58	1.66	0.89	5.44	2.46
Revenue growth		-61.3%	+303.4%	-13.9%	+287.2%	+105.5%
Profit growth		-155.8%	–	-45.1%	+633.9%	+21.7%
Dividend / share (₹)	1.00	1.00	1.60	0.60	0.10

Compounded growth	3 years	5 years	Last 12 months
Sales	+137.9%	+36.4%	+105.5%
Net profit	–	+45.4%	+21.7%
EPS	–	+39.5%	–
Share price	–	-43.5% (2y)	-92.6%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	57	72	178	283
Borrowings	–	3	2	0	21
Cash & equivalents	–	55	58	119	125
Total assets	–	102	114	221	367
Fixed assets	–	2	2	2	3
Capital work in progress	–	0	0	0	0
Inventory	–	0	0	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	6	4	-1	-22	-33
Cash from investing	-10	-4	5	-75	-22
Cash from financing	-1	0	-3	95	56
Capex	0	0	0	0	0
Free cash flow	6	3	-1	-22	-33

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	-10.3%	23.2%	5.1%	23.7%

Shareholding

Holder	% (2026-09-30)
Promoters	54.77%
FIIs	0.16%
DIIs	0.10%
Public (non-institutions)	44.97%

Quarter	Jun 2025	Jul 2025	Sep 2025	Dec 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	60.86%	59.85%	59.36%	56.77%	56.77%	56.51%	56.07%	54.77%

Promoter group	%
Varsha Doshi	11.12%
Dhanpal Doshi	9.61%
Parasmal Doshi	8.78%
Sadhana Doshi	7.87%
Nishit Doshi	4.49%
Sarthak Doshi	4.44%
Citadel Real Estates Private Limited	2.04%
Dhanpal Doshi HUF	1.97%
Paras Doshi HUF	1.20%
Indo Thai Wealth Management Private Limited	1.02%
Nivya Doshi	0.51%
Future Infraestates Private Limited	0.38%
Vijaya Jain	0.30%
3M Consultants Private Limited	0.29%
Rajmati Hinged	0.22%

Public holders above 1%	%
Intellect Money Finvest Private Limited	2.54%
Vidhi Thapadiya	1.63%

29,427 shareholders. Pledged: 0.00% of promoter shares.

Peers in Stockbroking & Allied

Company	Market cap	P/E	P/B	ROE	ROA	Gross NPA	Sales 3y	Div yield
GROWW	₹1,15,154 cr	42.3x	9.9x	28.5%	13.61%	–	–	–
MOTILALOFS	₹56,201 cr	53.1x	7.1x	14.0%	3.53%	–	+21.3%	0.64%
360ONE	₹39,770 cr	79.4x	5.2x	6.7%	5.37%	–	+22.9%	1.20%
NUVAMA	₹30,285 cr	50.1x	14.5x	29.9%	16.70%	–	–	1.66%
ANGELONE	₹25,846 cr	19.9x	3.8x	20.4%	5.67%	–	+19.2%	1.72%
IIFLCAPS	₹10,681 cr	18.8x	3.9x	22.6%	6.22%	–	+19.4%	0.87%
SHAREINDIA	₹3,873 cr	12.1x	1.7x	15.2%	7.93%	–	+14.4%	0.76%
ARSSBL	₹2,818 cr	17.4x	2.0x	10.7%	3.20%	–	–	–
MONARCH	₹2,572 cr	14.2x	2.6x	20.5%	11.52%	–	+33.6%	0.31%
INDOTHAI	₹392 cr	12.0x	1.4x	11.1%	8.29%	–	+137.9%	0.30%

All 39 companies in Stockbroking & Allied →

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-11	Dividend	Dividend - Re 0.10 Per Share
2025-08-08	Dividend	Interim Dividend - Re 0.10 Per Share
2025-07-18	Split	Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share
2024-09-20	Dividend	Annual General Meetingdividend - Re 0.60 Per Share
2024-02-13	Dividend	Interim Dividend - Re 1 Per Share
2023-09-15	Dividend	Annual General Meeting/Dividend - Re 0.60 Per Share
2022-09-22	Dividend	Dividend - Re 1 Per Share
2021-09-21	Dividend	Annual General Meeting/ Dividend Rs 1 Per Share
2019-09-19	Dividend	Dividend - Re 1 Per Share
2018-09-19	Dividend	Dividend Re 1 Per Share
2017-08-31	Dividend	Annual General Meeting/Dividend - Re 1/- Per Share
2016-09-15	Dividend	Annual General Meeting/Dividend - Re 1/- Per Share
2015-09-18	Dividend	Annual General Meeting/ Dividend - Re 1/- Per Share
2014-09-11	Other	Annual General Meeting
2013-09-19	Other	Annual General Meeting
2012-09-21	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company


Sector	Financial Services
Industry	Stockbroking & Allied
Sub-industry	Stockbroking & Allied
Symbol	INDOTHAI
BSE code	533676
ISIN	INE337M01021
Face value	₹1.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.