Highest-ROE scaled lender
Rules over the stated numbers only — CAGRs need positive start and end values, margins use the company's own OPM line, cash conversion is cumulative operating cash flow over cumulative profit for the last three fiscal years. Scores are 0–5 rule outputs, not a recommendation. Source: Tijori Finance normalised statements; Buoyant's own estimates are shown separately below and never blended in.
Where the app shows the same metric in more than one place, this table lists each figure with its period and definition. No two sources disagree on the same period and definition; every difference below is a period or definition difference.
| Metric | Source | Period | Definition | Value | Verdict |
|---|---|---|---|---|---|
| Return on equity | Tijori ratio table | FY26 | net profit ÷ year-end equity (Tijori) | 16.68% | Different basis Figures differ because they measure different periods or definitions; each is labelled. |
| Tijori screener | TTM | trailing 12 months (Tijori) | 16.68% | ||
| House model (one-pager) | FY26 | net profit ÷ average equity, standalone | 18.00% | ||
| Net profit | Tijori P&L | FY26 | consolidated, annual | ₹19,017 cr | Different basis Figures differ because they measure different periods or definitions; each is labelled. |
| Tijori P&L | TTM Jun-26 | trailing 12 months | ₹20,627 cr | ||
| Tijori screener | TTM | trailing 12 months | ₹20,626 cr | ||
| House model (one-pager) | FY26 | standalone, annual | ₹19,332 cr | ||
| Tijori quarterly table | Q Jun-26 | single quarter | ₹5,986 cr | ||
| P/E | Tijori screener | TTM at 2026-09-28 | price ÷ trailing EPS | 31.00x | Different basis Figures differ because they measure different periods or definitions; each is labelled. |
| Tijori ratio table | FY26 year-end | year-end price ÷ that year's EPS | 26.20x | ||
| House model (one-pager) | FY27E | FY27E / FY28E P/E (Buoyant sheet) | 37.50x | ||
| P/B | Tijori screener | at 2026-09-28 | price ÷ book value per share | 5.51x | Different basis Figures differ because they measure different periods or definitions; each is labelled. |
| Tijori ratio table | FY26 year-end | year-end price ÷ book value | 4.42x | ||
| Market cap | BSE master | 2026-09-28 | BSE full market cap | ₹6,46,036 cr | Different basis Figures differ because they measure different periods or definitions; each is labelled. |
| Tijori screener | latest Tijori refresh | price × shares | ₹6,28,198 cr | ||
| House one-pager | 31-Jul-26 | ₹ lakh crore as printed | ₹6,56,000 cr | ||
| Promoter holding | Tijori screener | latest filing | % of shares | 54.67% | One source |
Tolerance for a conflict: 1.5% on the same period and definition (3% for market cap, which moves with the price date). Tijori's ratio table uses its own definitions; the quarterly table and operating metrics carry the company's reported figures; the house model is standalone and dated.
₹ crore. Actuals only; the last column is a TTM where labelled. Estimates are shown separately below with an "E" and never blended into this series.
| ₹ crore / % | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ cr) | 54,972 | 68,832 | 81,985 |
| EBITDA (₹ cr) | n.a. | n.a. | n.a. |
| Net profit (₹ cr) | 14,451 | 16,779 | 19,332 |
| ROE (%) | 22.0 | 19.0 | 18.0 |
Estimate columns (E) are in green italics.
| ₹ crore unless % | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | TTM Jun-26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12,744 | 18,487 | 26,374 | 26,668 | 31,640 | 41,410 | 54,974 | 68,806 | 81,982 | 86,164 |
| Operating Expenses | 4,115 | 5,454 | 9,161 | 10,846 | 11,905 | 12,706 | 16,111 | 21,791 | 26,816 | 27,590 |
| Raw Material | — | — | — | — | — | — | — | — | — | 0 |
| Material Cost (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee Cost | 1,434 | 1,939 | 2,548 | 2,499 | 3,592 | 5,100 | 6,396 | 7,508 | 8,979 | 9,521 |
| Operating Profit | 8,629 | 13,033 | 17,213 | 15,822 | 19,735 | 28,704 | 38,863 | 47,015 | 55,166 | 58,574 |
| Other Income | 12 | 13 | 12 | 15 | 8 | 8 | 9 | 919 | 807 | 4 |
| OPM (%) | 67.71 | 70.50 | 65.26 | 59.33 | 62.37 | 69.32 | 70.69 | 68.33 | 67.29 | 67.98 |
| Depreciation and Amortisation | 102 | 144 | 295 | 325 | 385 | 485 | 683 | 881 | 1,009 | 1,045 |
| Interest | 4,696 | 6,723 | 9,608 | 9,519 | 9,855 | 12,701 | 18,886 | 24,991 | 28,899 | 29,690 |
| Profit Before Tax | 3,843 | 6,179 | 7,322 | 5,992 | 9,504 | 15,528 | 19,310 | 22,080 | 25,817 | 27,577 |
| Tax | 1,347 | 2,184 | 2,058 | 1,572 | 2,476 | 4,020 | 4,858 | 5,300 | 6,484 | 6,950 |
| Net Profit | 2,496 | 3,995 | 5,264 | 4,420 | 7,028 | 11,508 | 14,451 | 16,638 | 19,017 | 20,627 |
| Number of shares(Crs) | 58 | 58 | 60 | 60 | 61 | 61 | 62 | 62 | 622 | — |
| Dividend Payout Ratio(%) | 9.22 | 8.66 | 11.40 | 13.61 | 17.17 | 15.76 | 15.40 | 20.90 | 19.62 | — |
Consolidated where the company reports consolidated; Tijori Finance normalisation of company filings. Fiscal years end 31 March; "TTM" columns are trailing twelve months to the stated quarter. Quarterly growth is year-on-year (same quarter, prior year). Quarterly balance-sheet and cash-flow data are not disclosed and are not implied. NBFC preset: AUM/loan growth, spreads, asset quality, leverage, ROA/ROE; P/B and P/E.
| Ratio | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt to Equity Ratio | 5.13 | 4.20 | 5.16 | 4.02 | 3.57 | 3.78 | 3.99 | 3.82 | 3.74 | 3.82 |
| ROE (%) | 19.13 | 15.75 | 20.28 | 16.28 | 11.97 | 16.08 | 21.16 | 18.84 | 17.21 | 16.68 |
| P/E | 34.96 | 40.77 | 43.68 | 25.26 | 70.08 | 62.31 | 29.50 | 30.96 | 33.39 | 26.20 |
| Price to Book | 6.69 | 6.46 | 8.92 | 4.14 | 8.46 | 10.11 | 6.31 | 5.91 | 5.80 | 4.42 |
NBFC preset: AUM/loan growth, spreads, asset quality, leverage, ROA/ROE; P/B and P/E. Suppressed for this preset: EV/EBITDA, Inventory, Cash Conversion, Fixed Asset Turnover.