Emerald Finance Ltd (EMERALD)

Loading page…

Emerald Finance Ltd (EMERALD) · mywealthgrid

About

Emerald Finance Ltd is a small NBFC with ₹170.46 Cr market capitalization, operating within the financial services sector. Regular dividend distributions through 2026 indicate ongoing operations, though recent detailed quarterly financials are not provided in this summary. Verify current loan portfolio composition, market positioning within the NBFC ecosystem, and recent profitability trends.

Face value: ₹10

Market cap

₹203 Cr

P/E

340.5×

P/B

4.5×

Dividend yield

0.2%

ROE

7.9%

ROCE

—

Debt / equity

0.33

OPM

68.9%

EPS (TTM)

₹0.2

Book value

₹13.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margins highly volatile (0–70% range across quarters shown), signaling either inconsistent execution or revenue concentration — verify what drives margin swings
PE multiple of 286.5 indicates severe current earnings depression; verify whether temporary or structural
ROE of 5.36% very low; verify whether capital base is oversized, leverage insufficient, or profitability structurally impaired
Stock down 31.39% over 12 months despite regular dividends; verify underlying market concerns and forward earnings outlook

Generated analysis · source review pending

Growth drivers

D/E ratio of 0.16 creates capacity to increase financial leverage for expanded lending origination
Operating margin of 48.65% currently with history of 70.02% (Mar 2019) indicates pricing flexibility in addressable segments
Regular dividend distributions through 2026 evidence underlying cash generation — verify sustainability of recent earnings quality

Generated analysis · source review pending

1,747 historical price candles were omitted because the exchange source has not been verified.

₹58.7-6.5%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 68.9%
+Profit CAGR of 106.6% over the last 5 years
+Revenue CAGR of 65.8% over the last 5 years
+Dividend payout of 58% of profit

Cons

−Low return on equity of 7.1% (3-yr avg)
−Expensive at 340.5× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

58/100

Business quality: 56
Growth: 100
Valuation

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	1	1	1	1	3	4	5	7
Interest	—	—	—	—	0	0	1	1
Expenses	1	0	0	1	1	2	2	2
Financing profit	—	—	—	—	1	2	3	4
Financing margin %	—	—	—	—	51.3%	53.1%	52.8%	54.7%
Other income	—	—	—	—	0	0	0	0
Depreciation	—	—	—	—	0	0	0	0
Exceptional items	—	—	—	—	-0	-0	-0	0
Profit before tax	0	0	0	0	1	2	3	4
Tax	0	0	0	0	0	1	1	1
Tax %	33.3%	33.3%	20%	25%	24.1%	25.6%	25.7%	25.9%
PAT	0	0	0	0	1	2	2	3
EPS (₹)	—	0.2	0.3	0.7	1.1	0.6	0.7	1
EPS adjusted (₹)	—	—	0.3	0.4	1.1	0.6	0.7	1
	—	0%	0%	0%	9%	17.9%	14.5%	10%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity capital	3	9	9	9	29	30	30
Reserves	0	1	1	2	3	7	9
Minority interest	—	—	—	—	—	—	0
	1	1	2	2	4	4	13
	0	0	1	3	2	1	2
Total equity & liabilities	4	11	12	16	38	42	54
	0	0	0	0	0	0	0
CWIP	—	—	—	0	0	0	0
Investments	—	—	—	0	1	1	1
	4	11	12	16	37	41	53
Total assets	4	11	12	16	38	42	54

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	0	-0	-4	-3	1	-20	3	-11
	-0	-0	-0	-0	-0	-0	-0	0
	0	1	6	1	0	21	2	7
Net cash flow	—	—	—	—	1	1	5	-4
Free cash flow	0	-0	-4	-3	1	-20	3	-11
CFO / Operating profit %	11.1%	-272.7%	-650%	—	74.4%	-814%	76.4%	-219.5%

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

No ratio history

Ratios derive from annual statements, which haven't been ingested yet.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.8%	67.8%	67.8%	67.8%	62.35%	60.51%	59.5%	59.5%	59.5%	59.5%	59.7%	59.7%
	0.71%	1.31%	1.31%	1.31%	9.16%	9.78%	9.36%	5.96%	1.74%	1.74%	1.78%	1.78%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.49%	30.89%	30.89%	30.89%	28.49%	29.71%	31.14%	34.54%	38.76%	38.76%	38.52%	38.52%
No. of shareholders	—	—	—	—	—	—	—	—	10,989	11,229	10,854	10,482

Promoter holding down 8.1 percentage points since Sep 2023.

8 deals · 7 Dec 2021 – 19 Jul 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
19 Jul 2024	MONIKAMEHTA	Bulk	BSE	Sell	1,87,871	₹57.07	₹1.07 Cr
4 Mar 2024	HARINDERKUMARSAHU	Bulk	BSE	Sell	1,59,743	₹27.26	₹0.44 Cr
4 Mar 2024	HARINDERKUMARSAHU	Bulk	BSE	Buy	5,541	₹28.29	₹0.02 Cr
13 Oct 2023	RAINPAY INDIA PRIVATE LIMITED	Bulk	BSE	Sell	4,38,364	₹23.15	₹1.01 Cr
13 Oct 2023	BP EQUITIES PVT. LTD.	Bulk	BSE	Buy	2,09,558	₹23.23	₹0.49 Cr
13 Oct 2023	BP EQUITIES PVT. LTD.	Bulk	BSE	Sell	2,01,558	₹23.20	₹0.47 Cr
28 Jun 2022	ANUBHA AGGARWAL	Bulk	BSE	Sell	1,94,760	₹16.11	₹0.31 Cr
7 Dec 2021	KAMALMEHTA	Bulk	BSE	Sell	1,67,124	₹16.32	₹0.27 Cr

1–8 of 8

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Sanjay AggarwalExecutive Director-Chairperson-MD
Ms. Sheetal KapoorChief Financial Officer
Mrs. Anubha AggarwalNon-Executive - Non Independent Director
Mr. Manjeet KaushikNon-Executive - Independent Director
Mr. Akshay Kumar AgarwalNon-Executive - Independent Director
Mrs. Amarjeet KaurCompany Secretary cum Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Emerald Finance Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Submission of disclosure on upgradation of credit rating by CRISIL Ratings21 Jan 2026 from CRISIL

Investor Presentation and earnings call

Jul 2026Transcript AI Summary PPT REC
Jun 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

38 announcementsExport CSV

1 Oct 2026, 8:32 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 1:30 pmCompany Update

Announcement Under Regulation 30 Of LODR Regulations, 2015

General PDF

30 Sept 2026, 11:58 amCompany Update

Proceedings Of 43Rd Annual General Meeting

General PDF

30 Sept 2026, 11:52 amAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

28 Sept 2026, 3:57 pmCompany Update

Announcement Under Regulation 30 Of LODR Regulations, 2015

General PDF

22 Sept 2026, 6:41 pmCompany Update

Announcement Under Regulation 30 Of LODR Regulations, 2015

General PDF

21 Sept 2026, 6:29 pmCompany Update

Announcement Under Regulation 30 Of LODR Regulations, 2015

General PDF

17 Sept 2026, 3:52 pmCompany Update

Announcement Under Regulation 30 Of LODR Regulations, 2015

General PDF

Date	Category	Subject	Filing
1 Oct 2026, 8:32 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 1:30 pm	Company Update General	Announcement Under Regulation 30 Of LODR Regulations, 2015

Loading announcements…

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shriram Finance LimitedSHRIRAMFINSHRIRAMFIN	₹1,77,811 Cr	₹4,28,503 Cr	₹49,997 Cr	₹36,981 Cr	73.7%	₹11,318 Cr	20.8%	—	16.4%	—
Tata Capital LimitedTATACAPTATACAP	₹1,35,540 Cr	₹3,71,517 Cr	₹32,695 Cr	₹24,219 Cr	73.2%	₹5,404 Cr	15.5%	—	13.3%	—
Cholamandalam Investment And Finance Company LimitedCHOLAFINCHOLAFIN	₹1,33,352 Cr	₹3,45,452 Cr	₹32,663 Cr	₹22,399 Cr	68.2%	₹5,751 Cr	16.8%	—	19.3%	—
Muthoot Finance LimitedMUTHOOTFINMUTHOOTFIN	₹1,08,289 Cr	₹2,60,075 Cr	₹33,431 Cr	₹27,558 Cr	81.4%	₹11,373 Cr	34%	—	30.9%	—
L&T Finance LimitedLTFLTF	₹66,238 Cr	₹1,76,126 Cr	₹18,928 Cr	₹11,603 Cr	61.1%	₹3,226 Cr	16.7%	—	11.2%	—
Sbi Cards And Payment Services LimitedSBICARDSBICARD	₹53,594 Cr	₹97,658 Cr	₹20,063 Cr	₹5,374 Cr	26.7%	₹2,275 Cr	10.9%	—	14.7%	—
Hdb Financial Services LimitedHDBFSHDBFS	₹51,335 Cr	₹1,38,733 Cr	₹16,300 Cr	₹9,318 Cr	57.2%	₹2,176 Cr	13.4%	—	14.7%	—
Sundaram Finance LimitedSUNDARMFINSUNDARMFIN	₹48,838 Cr	₹1,18,475 Cr	₹10,104 Cr	₹7,957 Cr	78.3%	₹2,220 Cr	21%	—	14.7%	—
Piramal Finance LimitedPIRAMALFINPIRAMALFIN	₹45,868 Cr	₹1,25,857 Cr	₹11,852 Cr	₹7,051 Cr	59.5%	₹1,504 Cr	12.7%	—	5.3%	—
Authum Investment & Infrastructure LimitedAIILAIIL	₹45,797 Cr	₹49,133 Cr	₹2,863 Cr	₹2,451 Cr	88.2%	₹3,582 Cr	74%	—	13.1%	—
Mahindra & Mahindra Financial Services LimitedM&MFINM&MFIN	₹44,445 Cr	₹1,72,816 Cr	₹21,733 Cr	₹13,785 Cr	62.5%	₹3,253 Cr	13.6%	—	11.9%	—
Poonawalla Fincorp LimitedPOONAWALLAPOONAWALLA	₹38,161 Cr	₹86,259 Cr	₹7,813 Cr	₹4,291 Cr	52.7%	₹787 Cr	8%	—	5.9%	—

Emerald Finance Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Peers

Financials

Ratios

No ratio history

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Announcements

No ratio history

No fund holdings on record

Not in the F&O segment

7

1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Emerald Finance Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

No ratio history

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Announcements

No ratio history

Quarterly record

Bulk & block deals

Board and management

No fund holdings on record

Not in the F&O segment

Dividends7

Board meetings1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

7

1