Sammaan Capital Limited (SAMMAANCAP)

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Sammaan Capital Limited (SAMMAANCAP) · mywealthgrid

About

Sammaan Capital Limited is a housing finance company with ₹17,700 Cr market cap operating in India's residential lending market. It was profitable through 2025 with operating margins of 70–88%, but reported significant losses in Mar 2026 (net profit -₹8,455 Cr standalone), with results announced 2026-08-13.

Face value: ₹2

Market cap

₹15,388 Cr

P/E

—

P/B

0.8×

Dividend yield

1.5%

ROE

-35%

ROCE

—

Debt / equity

2.72

OPM

41.6%

EPS (TTM)

₹-63.3

Book value

₹166.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

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.

Generated analysis · source review pending

Growth drivers

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.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹132.5-2.9%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 41.6%

Cons

−Low return on equity of -12.4% (3-yr avg)
−Revenue shrank over the last 5 years (-3.8% a year)
−Heavily leveraged (debt/equity 2.7)
−Weak interest coverage of 0.6×

Research score

Structured signal from quality, growth, valuation and momentum.

33/100

Business quality: 25
Growth: 0
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 100 NIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

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Financials

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

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	14,951	17,020	13,216	9,927	8,983	8,719	8,475	8,623	8,166
Interest	8,010	9,726	8,512	6,939	6,242	5,636	5,307	4,791	5,618
Expenses	2,071	1,698	2,043	1,432	1,119	1,400	1,585	6,184	4,769
Financing profit	4,871	5,597	2,662	1,556	1,623	1,683	1,583	-2,352	-2,221
Financing margin %	32.6%	32.9%	20.1%	15.7%	18.1%	19.3%	18.7%	-27.3%	-27.2%
Other income	7	7	7	103	11	7	150	60	24
Depreciation	—	—	108	97	77	86	85	83	88
Exceptional items	—	—	0	0	0	0	0	0	-6,499
Profit before tax	4,878	5,604	2,595	1,562	1,556	1,606	1,646	-2,376	-8,784
Tax	1,005	1,546	395	360	378	476	432	-568	-1,640
Tax %	20.6%	27.6%	15.2%	23.1%	24.3%	29.7%	26.2%	-23.9%	-18.7%
PAT	3,873	4,058	2,200	1,202	1,178	1,130	1,214	-1,807	-7,145
EPS (₹)	91.6	95.8	51.7	27.7	26.4	25.2	23.8	-26.7	-87.7
EPS adjusted (₹)	91.4	94.9	52.5	27	26.4	25.2	21.5	-22.2	-62.5
	44.7%	41.7%	60%	0%	34.1%	5%	8.4%	—	—
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	85	85	84	89	89	90	113	163	229
Reserves	12,354	16,397	15,454	16,045	16,585	17,272	19,679	21,660	18,763
	85,273	1,05,756	79,674	68,805	61,359	52,403	48,493	42,726	51,604
	5,364	7,866	7,660	8,300	3,940	5,181	4,781	5,633	3,648
Total equity & liabilities	1,03,075	1,30,104	1,02,872	93,239	81,973	74,945	73,066	70,181	74,243
	169	214	197	119	95	164	128	125	123
CWIP	—	—	—	—	—	0	0	0	0
Investments	13,620	19,717	12,277	6,146	5,546	5,370	7,192	14,219	17,518
	89,286	1,10,173	90,398	86,974	76,332	69,411	65,746	55,837	56,602
Total assets	1,03,075	1,30,104	1,02,872	93,239	81,973	74,945	73,066	70,181	74,243

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	90%	84.6%	85.6%	87.5%	84%	81.3%	28.3%	41.6%
EBIT margin %	90%	83.7%	84.6%	86.7%	83%	80.3%	27.3%	40.5%
PAT margin %	23.8%	16.6%	12.1%	13.1%	13%	14.3%	-21%	-87.5%
Working capital
Receivable days	1	1	1	0	—	—	—	—
Inventory days	—	—	—	—	0	0	0	0
Payable days	—	—	—	—	—	—	—	—
NWC days	—	—	—	—	—	—	—	—
Leverage
Current ratio	—	—	—	—	—	—	—	—
Debt to EBITDA	6.9	7.13	8.1	7.8	7.16	7.04	17.52	15.19
Debt to equity	6.42	5.13	4.26	3.68	3.02	2.45	1.96	2.72
Interest coverage	1.6	1.3	1.2	1.2	1.3	1.3	0.5	0.6
Asset turnover	0.13	0.13	0.11	0.11	0.12	0.12	0.12	0.11
Return ratios
Return on assets %	3.1%	2.1%	1.3%	1.4%	1.5%	1.7%	-2.6%	-9.6%
Return on capital employed %	—	—	—	—	—	—	—	—
Return on equity %	24.6%	14.2%	7.4%	7.1%	6.5%	6.1%	-8.3%	-37.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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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
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	28.34%
	22.37%	23.42%	19.33%	19.14%	19.77%	19.53%	24.69%	24.4%	19.05%	24.94%	46.2%	19.6%
	16.08%	8.55%	7.25%	6.83%	6.49%	6.71%	5.91%	5.96%	16.83%	14.32%	12.08%	7.94%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.07%	0.53%	0.05%
	59.8%	66.32%	71.71%	72.33%	72.05%	72.07%	67.49%	67.73%	62.21%	58.76%	39.82%	42.71%
No. of shareholders	—	—	—	—	—	—	—	—	4,38,484	4,21,644	4,07,005	3,99,460

Promoter holding up 28.34 percentage points since Sep 2023.

84 deals · 15 Nov 2021 – 21 May 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
21 May 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	1,00,99,106	₹153.74	₹155.26 Cr
21 May 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	1,00,99,106	₹153.71	₹155.23 Cr
21 May 2026	SOCIETE GENERALE	Bulk	NSE	Buy	69,87,634	₹154.17	₹107.73 Cr
21 May 2026	SOCIETE GENERALE	Bulk	NSE	Sell	1,25,078	₹153.41	₹1.92 Cr
1 Apr 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	48,42,951	₹151.82	₹73.53 Cr
1 Apr 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	48,42,908	₹151.90	₹73.56 Cr
27 Mar 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	54,25,327	₹148.01	₹80.30 Cr
27 Mar 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	54,22,986	₹147.98	₹80.25 Cr
25 Mar 2026	SOCIETE GENERALE	Bulk	NSE	Buy	50,59,027	₹149.92	₹75.84 Cr
31 Dec 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	42,66,638	₹146.09	₹62.33 Cr

1–10 of 84

1 / 9

Mr. Subhash Sheoratan MundraNon-Executive - Independent Director-Chairperson
Mr. Naveen UppalChief Risk Officer
Mr. Mukesh Kumar GargChief Financial Officer
Mr. Gagan BangaExecutive Director-CEO-MD
Mr. Sachin ChaudharyExecutive Director
Mr. Achuthan SiddharthNon-Executive - Independent Director
Mr. Dinabandhu MohapatraNon-Executive - Independent Director
Mr. Rajiv GuptaNon-Executive - Nominee Director
Mrs. Shefali ShahNon-Executive - Independent Director
Mr. Alwyn Dinesh CrastaNon-Executive - Non Independent Director
Mr. Amit JainCompany Secretary & Compliance Officer

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

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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.

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Fund holders

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

Portfolio month

Schemes holding

across 8 fund houses

Held by these funds

0.26%

of the company's equity

All mutual funds

3.95%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

22 schemes · 8 fund houses

		Shares
Nifty Smallcap 250 Index Fund	Nippon India Mutual Fund	12.24 L	17.91	0.51%	0.105%	+14,965
Nifty Smallcap 250 Index Fund	SBI Mutual Fund	6.22 L	9.1	0.51%	0.054%	+6,958
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	4.51 L	6.6	0.51%	0.039%	+4,094
Nifty Smallcap 250 Index Fund	ICICI Prudential Mutual Fund	2.74 L	4.02	0.51%	0.024%	+5,618
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	1.22 L	1.79	0.06%	0.011%	+4,200
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	88,119	1.29	0.51%	0.008%	-4,824
Nifty 500 Equal Weight Index Fund	Nippon India Mutual Fund	65,520	0.96	0.18%	0.006%	+33
IB20-Groww Nifty Smallcap 250 Index Fund	Groww Mutual Fund	48,494	0.71	0.51%	0.004%	+245

1–8 of 22

1 / 3

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Documents

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

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Aug 2026TranscriptAI SummaryPPT REC
Feb 2026TranscriptAI SummaryPPTREC

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

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Events

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

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

527 announcementsExport CSV

1 Oct 2026, 6:48 pmOthers

Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	90%	84.6%	85.6%	87.5%	84%	81.3%	28.3%	41.6%
EBIT margin %	90%	83.7%	84.6%	86.7%	83%	80.3%	27.3%	40.5%
PAT margin %	23.8%	16.6%	12.1%	13.1%	13%	14.3%	-21%	-87.5%
Working capital
Receivable days	1	1	1	0	—	—	—	—
Inventory days	—	—	—	—	0	0	0	0
Payable days	—	—	—	—	—	—	—	—
NWC days	—	—	—	—	—	—	—	—
Leverage
Current ratio	—	—	—	—	—	—	—	—
Debt to EBITDA	6.9	7.13	8.1	7.8	7.16	7.04	17.52	15.19
Debt to equity	6.42	5.13	4.26	3.68	3.02	2.45	1.96	2.72
Interest coverage	1.6	1.3	1.2	1.2	1.3	1.3	0.5	0.6
Asset turnover	0.13	0.13	0.11	0.11	0.12	0.12	0.12	0.11
Return ratios
Return on assets %	3.1%	2.1%	1.3%	1.4%	1.5%	1.7%	-2.6%	-9.6%
Return on capital employed %	—	—	—	—	—	—	—	—
Return on equity %	24.6%	14.2%	7.4%	7.1%	6.5%	6.1%	-8.3%	-37.6%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Bajaj Housing Finance LimitedBAJAJHFLBAJAJHFL	₹69,083 Cr	₹1,72,787 Cr	₹11,606 Cr	₹10,596 Cr	90.9%	₹2,692 Cr	23%	—	12.1%	—
Pnb Housing Finance LimitedPNBHOUSINGPNBHOUSING	₹28,458 Cr	₹99,656 Cr	₹8,692 Cr	₹8,177 Cr	94.5%	₹2,315 Cr	26.9%	—	12.7%	—
Lic Housing Finance LimitedLICHSGFINLICHSGFIN	₹28,000 Cr	₹3,05,356 Cr	₹28,683 Cr	₹27,081 Cr	93.6%	₹5,739 Cr	19.4%	—	14.4%	—
Aadhar Housing Finance LimitedAADHARHFCAADHARHFC	₹19,609 Cr	₹38,352 Cr	₹3,817 Cr	₹2,908 Cr	76.4%	₹1,141 Cr	29.8%	—	15.8%	—
Sammaan Capital LimitedSAMMAANCAPSAMMAANCAP	₹15,388 Cr	₹66,991 Cr	₹7,418 Cr	₹3,373 Cr	41.6%	₹-7,236 Cr	-87.5%	—	-35%	—
Home First Finance Company India LimitedHOMEFIRSTHOMEFIRST	₹11,764 Cr	₹22,354 Cr	₹1,999 Cr	₹1,571 Cr	78.9%	₹581 Cr	28.2%	—	15.7%	—
Aptus Value Housing Finance India LimitedAPTUSAPTUS	₹11,338 Cr	₹19,212 Cr	₹2,306 Cr	₹1,906 Cr	83.4%	₹985 Cr	42%	—	20.1%	—
Can Fin Homes LimitedCANFINHOMECANFINHOME	₹9,471 Cr	₹47,728 Cr	₹4,292 Cr	₹3,953 Cr	92.1%	₹1,130 Cr	25.8%	—	19.7%	—
Aavas Financiers LimitedAAVASAAVAS	₹9,444 Cr	₹21,780 Cr	₹2,018 Cr	₹1,484 Cr	73.5%	₹491 Cr	24.3%	—	13.9%	—
India Shelter Finance Corporation LimitedINDIASHLTRINDIASHLTR	₹7,031 Cr	₹13,277 Cr	₹1,528 Cr	₹1,110 Cr	72.6%	₹503 Cr	32.9%	—	17%	—
Repco Home Finance LimitedREPCOHOMEREPCOHOME	₹2,114 Cr	₹14,320 Cr	₹1,819 Cr	₹1,612 Cr	89.3%	₹482 Cr	26.5%	—	12.7%	—
Gic Housing Finance LimitedGICHSGFINGICHSGFIN	₹716 Cr	₹9,767 Cr	₹1,084 Cr	₹895 Cr	79.1%	₹157 Cr	14.3%	—	7.6%	—

Date	Category	Subject	Filing
1 Oct 2026, 6:48 pm	Others Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD	Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD	PDF
30 Sept 2026, 10:16 pm	Company Update Change in Directorate	Announcement under Regulation 30 (LODR)-Change in Directorate	PDF
30 Sept 2026, 8:11 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 8:06 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
30 Sept 2026, 6:59 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
30 Sept 2026, 6:49 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
30 Sept 2026, 6:26 pm	Others Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD	Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD	PDF
30 Sept 2026, 6:10 pm	Others Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD	Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-20,009	21,206	19,331	7,089	657	4,001	-123	8,772	-7,466
	510	-4,220	8,265	3,103	1,649	884	1,590	-5,578	-1,540
	18,467	-7,335	-27,934	-10,632	-7,444	-9,142	-2,383	-2,373	14,684
Net cash flow	-1,032	—	—	-440	-5,138	-4,257	-916	821	5,678
Free cash flow	-20,053	21,117	19,296	7,054	637	3,952	-182	8,722	-7,519
CFO / Operating profit %	-155.3%	138.4%	173%	83.4%	8.4%	54.7%	-1.8%	359.7%	-219.8%

Sammaan Capital Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Dividends30

Board meetings1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

30

1