TSF Investments Limited
NSE: TSFINV · Other · sector
₹386.55NSE close 2026-10-26
Key numbers
Market cap₹8,585 cr
Price₹386.55
52w high / low₹697 / ₹332
P/E17.6xSector median 14.4x
P/B1.4xSector median 1.7x
Book value₹271.6
Dividend yield2.30%Sector median 0.37%
ROE8.4%Sector median 13.8%
ROCE3.6%Sector median 19.6%
OPM20.5%Sector median 10.4%
Debt / equity0.04xSector median 0.29x
EV/EBITDA32.2xSector median 8.4x
Interest cover8.5x
Current ratio5.13x
Sales growth 3y+121.7%Sector median +7.7%
Profit growth 3y+30.0%Sector median +16.6%
PEG0.59x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1,479 cr vs borrowings ₹220 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 8.5x in the last 12 months.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 3% of net profit in the last 12 months.
- Debtor days went from 8 (FY24) to 77 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹386.55 on 2026-10-26: -44.5% from the 52-week high, +16.5% 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 ₹677.65 · low ₹257.17
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 33 | 49 | 179 | 250 | 258 | 298 | 306 |
| EBITDA | 21 | 24 | 37 | 47 | 50 | 49 | 57 | 71 |
| OPM % | 70.3% | 72.3% | 75.5% | 26.2% | 20.2% | 18.8% | 19.3% | 23.3% |
| Other income | 2 | 0 | 2 | 2 | 4 | 2 | 9 | 1 |
| Net profit | 89 | 106 | 107 | 157 | 100 | 103 | 161 | 122 |
| EPS (₹) | 4.00 | 4.76 | 4.82 | 7.08 | 4.52 | 4.64 | 7.25 | 5.50 |
| Revenue YoY | +737.4% | +693.3% | +503.0% | +70.9% | ||||
| Profit YoY | +13.0% | -2.5% | +50.3% | -22.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 84 | 90 | 291 | 155 | 985 | 1,112 |
| EBITDA | 23 | 45 | 243 | 116 | 203 | 228 |
| Net profit | 163 | 238 | 533 | 412 | 522 | 487 |
| EPS (₹) | 7.72 | 10.70 | 24.00 | 18.55 | 23.49 | 21.91 |
| Revenue growth | +7.8% | +222.1% | -46.9% | +537.1% | +282.6% | |
| Profit growth | +45.6% | +124.4% | -22.7% | +26.6% | +6.1% | |
| Dividend / share (₹) | 1.50 | 2.50 | 3.50 | 9.40 | 8.85 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +121.7% | +75.3% | +282.6% |
| Net profit | +30.0% | +47.8% | +6.1% |
| EPS | +30.0% | +36.9% | – |
| Share price | – | – (2y) | -42.9% |
Balance sheet
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Shareholders' equity | – | – | 3,570 | 4,793 | 5,607 | 6,033 |
| Borrowings | – | – | 0 | 0 | 0 | 220 |
| Cash & equivalents | – | – | 460 | 876 | 977 | 1,479 |
| Total assets | – | – | 3,635 | 4,948 | 5,837 | 6,748 |
| Fixed assets | – | – | 3 | 2 | 11 | 224 |
| Capital work in progress | – | – | 0 | 0 | 0 | 1 |
| Investments | – | – | 3,110 | 1,462 | 2,047 | 1,630 |
| Receivables | – | – | 7 | 6 | 6 | 209 |
| Inventory | – | – | 0 | 0 | 0 | 152 |
| Payables | – | – | 1 | 0 | 2 | 119 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Cash from operations | 19 | 30 | 100 | 132 | 188 | 266 |
| Cash from investing | -10 | -345 | -25 | 136 | -148 | -159 |
| Cash from financing | -8 | 319 | -73 | -103 | -211 | -50 |
| Capex | 1 | 0 | 1 | 0 | 1 | 7 |
| Free cash flow | 18 | 30 | 99 | 132 | 187 | 259 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ROE % | – | – | 6.7% | 11.1% | 7.4% | 8.6% |
| ROCE % | – | – | 1.3% | 5.1% | 2.1% | 3.3% |
| Debtor days | – | – | 28 | 8 | 14 | 77 |
| Inventory days | – | – | 0 | 0 | 1 | 115 |
| Payable days | – | – | 4 | 1 | 4 | 91 |
| Cash conversion cycle (days) | – | – | 24 | 7 | 11 | 101 |
| Working capital days | – | – | 1,921 | 1,107 | 2,356 | 558 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.99% |
| FIIs | 3.15% |
| DIIs | 4.49% |
| of which Mutual funds | 4.17% |
| Public (non-institutions) | 36.73% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.97% | 54.97% | 54.97% | 54.97% | 55.01% | 54.99% | 54.99% | 54.99% |
| Promoter group | % |
|---|---|
| Sundaram Finance Limited | 19.90% |
| S. Viji | 2.69% |
| Raghuvamsa Holdings Private Limited | 2.03% |
| S. RAM | 2.02% |
| Trichur Sundaram Santhanam & Family Private Limited | 1.79% |
| Srivats RAM | 1.51% |
| Srikanth Ramanujam | 1.43% |
| Uthirattadhi Sriram Holdings Private Ltd | 1.37% |
| Allegro Holdings Private Limited | 1.30% |
| Silver OAK Holdings Private Limited | 1.28% |
| Nivedita RAM | 1.23% |
| Harsha Viji | 1.19% |
| R Ramanujam | 1.19% |
| Arjun Rangarajan | 1.12% |
| Padmalakshmi Holdings Private Limited | 1.09% |
| Public holders above 1% | % |
|---|---|
| Nippon Life India Trustee Ltd-a/c Nippon India Small CAP Fund | 3.69% |
| India Motor Parts & Accessories Limited | 2.05% |
| Bright Star Investments | 1.88% |
| Aravind Srinivasan | 1.26% |
37,191 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| SAKAR | ₹2,160 cr | 59.9x | 6.7x | 11.8% | 14.8% | 28.5% | +23.6% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Manufacturing | ₹803 cr | 81.5% | ₹90 cr | 11.2% |
| Investments | ₹91 cr | 9.3% | ₹66 cr | 72.4% |
| Overseas Support Services | ₹65 cr | 6.6% | ₹29 cr | 44.8% |
| Other Segments | ₹26 cr | 2.6% | ₹-2 cr | -7.7% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-07 | Dividend | Dividend - Rs 4.45 Per Share |
| 2026-02-10 | Dividend | Interim Dividend - Rs 6.70 Per Share |
| 2025-07-11 | Dividend | Dividend - Rs 1.55 Per Share |
| 2025-05-28 | Dividend | Interim Dividend - Re 0.60 Per Share |
| 2025-02-04 | Dividend | Interim Dividend - Rs 3.7 Per Sh |
| 2024-07-05 | Dividend | Annual General Meeting/Dividend - Rs 2.05 Per Share |
| 2024-05-31 | Dividend | Interim Dividend - Rs 3.65 Per Share |
| 2024-02-13 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2023-07-03 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share/ Special Dividend - Re 1 Per Share |
| 2023-02-14 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2022-06-29 | Dividend | Annual General Meeting/Dividend - Rs 1 Per Share/Special Dividend - Rs 0.75 Per Share |
| 2022-02-14 | Dividend | Special Dividend - Re 1 Per Share |
| 2021-06-29 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2021-04-26 | Rights | Rights 23:49 @ Premium Rs 45/- |
| 2020-06-30 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2020-03-18 | Dividend | Interim Dividend - Rs 0.75 Per Share |
| 2019-06-28 | Dividend | Annual General Meeting/Dividend - Rs 1.75 Per Share |
| 2018-07-04 | Dividend | Annual General Meeting / Dividend- Rs 1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
- Core Investment Company: Investment in Group Companies and other investments
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | TSFINV |
| BSE code | – |
| ISIN | INE202Z01029 |
| Face value | ₹5.0 |
| Incorporated | 1993-10-13 |
| Website | https://tsfinvestments.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
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.