Sammaan Capital Limited

Profit swing from ₹334 Cr (Jun 2025) to -₹8,455 Cr (Mar 2026 standalone) with -226% operating margin; clarify if one-time write-downs or structural deterioration.

Debt-to-equity of 2.72 is high for a finance company and constrains financial flexibility if additional capital or restructuring is needed.

Promoter shareholding went from 0% (Mar 2026) to 28.34% (Jun 2026)—verify what governance changes or restructuring triggered the exit and recovery.

Revenue fell sharply from ₹2,157 Cr (Dec 2025) to ₹1,357 Cr (Mar 2026), signaling demand weakness or operational disruption.

Operating margins of 70–88% (Jun–Dec 2025) demonstrate structural cost discipline; growth depends on volume and asset quality stabilizing.

1-year return of +25.65% despite recent losses reflects institutional confidence (FII 46.2% in Mar 2026), though verify what visibility exists into stabilization.

Housing finance sector growth if residential real estate demand strengthens; verify current mortgage originations, borrower demand, and interest-rate sensitivity.