Saraswati Commercial (India) Ltd.

BSE: ZSARACOM512020ISIN INE967G01019

Financial Services
Non Banking Financial Company (NBFC)

Share price

₹10,080.00+570.00 (+5.99%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹14,499.95
52W low: ₹8,650.00
Off 52W high: -30.48%
1M return: +3.78%
3M return: -17.38%
6M return: +0.80%
1Y return: -18.01%
20D avg volume: 6
50 DMA: ₹10,588.07
200 DMA: ₹11,037.44

Key ratios Consolidated

Market cap: ₹1,105 Cr
Current price: ₹10,080.00
52W high / low: ₹14,499.95 / ₹8,650.00
Face value: ₹10.00
P/E: 8.35
P/B: 1.00
EPS (TTM): ₹1,207.14
Book value / share: ₹10,050.43
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-1.93 Cr
Interest cover: 38.57
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	75.58	2.48	32.69	73.28	31.47	0.30	44.84	78.31	68.22	30.07	40.08	28.57
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.10
	75.58	2.48	32.69	73.28	31.47	0.30	44.84	78.31	68.22	30.07	40.08	28.66
	1.24	21.14	2.65	1.50	2.30	28.59	1.42	1.75	1.40	1.52	1.17	1.02
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.69	0.83	0.73	0.69	0.68	0.71	0.56	0.68	0.56	0.91	0.71	0.37
	0.00	0.56	1.25	0.68	0.49	0.74	0.64	0.15	0.06	0.54	0.26	0.42
	0.00	0.01	0.00	0.00	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
	0.53	0.76	0.51	0.47	0.50	0.61	0.54	0.59	0.76	0.17	0.23	0.26
	74.35	-18.66	30.04	71.78	29.17	-28.29	-46.27	76.56	66.82	28.55	38.91	27.64
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	74.35	-18.66	30.04	71.78	29.17	-28.29	-46.27	76.56	66.82	28.55	38.91	27.64
	10.79	-2.35	5.30	11.48	5.59	-5.35	—	—	—	—	—	—
	63.56	-16.31	24.75	60.30	23.58	-22.94	-39.40	63.33	52.45	22.37	33.32	23.80
	579.97	-148.86	233.27	615.32	258.79	-222.34	-382.53	614.85	509.22	217.16	323.48	231.12
Key metrics
	—	—	—	—	—	—	-45.62	76.71	66.88	29.09	39.17	28.06
	—	—	—	—	—	—	-101.70%	98.00%	98.00%	96.70%	97.70%	98.20%
	84.10%	-657.70%	75.70%	82.30%	74.90%	-7,646.70%	-87.90%	80.90%	76.90%	74.40%	83.10%	83.30%
	140.20%	726.70%	-27.10%	-6.40%	-53.90%	-99.00%	11.90%	174.10%	—	—	—	—
	169.60%	28.90%	162.80%	-4.80%	-55.00%	-202.50%	-218.20%	166.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	184.03	11.49	75.45	128.34	24.02	86.89
	0.00	0.00	0.00	0.00	0.01	0.02
	184.03	11.49	75.45	128.34	24.03	86.92
	26.53	-100.84	6.62	4.88	4.93	3.19
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	2.94	2.93	2.52	2.33	1.69	1.49
	2.49	2.99	1.59	1.69	1.76	0.91
	0.01	0.02	0.01	0.01	0.01	0.01
	2.27	2.23	2.50	0.85	1.47	0.79
	157.51	112.33	68.82	123.47	19.09	83.72
	0.00	0.00	0.00	0.00	0.00	0.00
	157.51	112.33	68.82	123.47	19.09	83.72
	25.22	20.02	15.39	—	—	—
	132.30	92.31	53.43	103.90	11.70	64.95
	1,280	842.32	517.51	1,009	113.49	631.69
Key metrics
	—	—	—	125.17	20.86	84.64
	—	—	—	97.50%	86.80%	97.40%
	71.89%	803.40%	70.80%	81.00%	48.70%	74.70%
	18.79%	-84.80%	-41.20%	434.30%	-72.40%	—
	438.46%	72.80%	-48.60%	788.00%	-82.00%	—
	—	-114.19	8.72	—	—	—
	—	-1.24	0.16	—	—	—
	—	0.00	0.04	—	—	—
	—	-1.93	19.84	—	—	—
Balance sheet
	—	1,218	1,109	—	—	—
	—	2.05	22.82	—	—	—
	—	2.17	—	—	—	—
	—	0.00	0.00	—	—	—
	—	0.05	0.05	—	—	—
	—	0.12	42.66	—	—	—
	—	1,107	972.81	—	—	—
Cash flow
	—	-114.17	8.74	—	—	—
	—	138.80	-108.17	—	—	—
	—	-45.40	119.63	—	—	—
	—	0.02	0.02	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	75.58	2.48	32.69	73.27	31.47	0.28	44.84	78.31	68.21	30.06	40.08	28.57
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.10
	75.58	2.48	32.69	73.27	31.47	0.28	44.84	78.31	68.21	30.06	40.08	28.66
	1.23	21.14	2.65	1.50	2.30	28.59	1.42	1.75	1.40	1.52	1.17	1.02
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.69	0.83	0.73	0.69	0.68	0.71	0.56	0.68	0.56	0.91	0.71	0.37
	0.00	0.56	1.25	0.68	0.49	0.74	0.64	0.15	0.06	0.53	0.26	0.42
	0.00	0.01	0.00	0.00	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
	0.52	0.75	0.51	0.47	0.50	0.60	0.54	0.58	0.76	0.17	0.23	0.25
	74.35	-18.66	30.04	71.78	29.17	-28.31	-46.26	76.56	66.82	28.55	38.91	27.64
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	74.35	-18.66	30.04	71.78	29.17	-28.31	-46.26	76.56	66.82	28.55	38.91	27.64
	10.79	-2.35	5.30	11.48	5.59	-5.35	—	—	—	—	—	—
	63.56	-16.32	24.75	60.30	23.58	-22.96	-39.40	63.33	52.45	22.37	33.32	23.80
	579.98	-148.90	233.27	615.32	258.79	-222.46	-382.52	614.86	509.23	217.16	323.48	231.13
Key metrics
	—	—	—	—	—	—	-45.61	76.71	66.88	29.08	39.17	28.06
	—	—	—	—	—	—	-101.70%	98.00%	98.10%	96.70%	97.70%	98.20%
	84.10%	-658.10%	75.70%	82.30%	74.90%	-8,200.00%	-87.90%	80.90%	76.90%	74.40%	83.10%	83.30%
	140.20%	785.70%	-27.10%	-6.40%	-53.90%	-99.10%	11.90%	174.10%	—	—	—	—
	169.60%	28.90%	162.80%	-4.80%	-55.00%	-202.60%	-218.20%	166.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	184.02	120.95	75.42	128.34	23.98	86.78
	0.00	0.00	0.00	0.00	0.01	0.02
	184.02	120.95	75.42	128.34	23.98	86.81
	26.52	8.62	6.62	4.87	4.92	3.19
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	2.94	2.93	2.52	2.33	1.69	1.49
	2.49	2.99	1.59	1.68	1.76	0.91
	0.01	0.02	0.01	0.01	0.01	0.01
	2.25	2.22	2.49	0.84	1.46	0.78
	157.51	112.33	68.80	123.47	19.06	83.62
	0.00	0.00	0.00	0.00	0.00	0.00
	157.51	112.33	68.80	123.47	19.06	83.62
	25.22	20.02	15.39	—	—	—
	132.29	92.31	53.41	103.91	11.66	64.88
	1,280	842.31	517.41	1,009	113.25	631.25
Key metrics
	—	—	—	125.16	20.83	84.54
	—	—	—	97.50%	86.90%	97.40%
	71.89%	76.30%	70.80%	81.00%	48.60%	74.80%
	18.80%	60.40%	-41.20%	435.20%	-72.40%	—
	438.86%	72.80%	-48.60%	791.20%	-82.00%	—
	—	-114.18	8.71	—	—	—
	—	-1.24	0.16	—	—	—
	—	0.00	0.04	—	—	—
	—	-1.92	19.85	—	—	—
Balance sheet
	—	1,201	1,093	—	—	—
	—	2.03	22.80	—	—	—
	—	2.17	—	—	—	—
	—	0.00	0.00	—	—	—
	—	0.05	0.05	—	—	—
	—	0.11	42.65	—	—	—
	—	1,092	959.51	—	—	—
Cash flow
	—	-114.16	8.73	—	—	—
	—	138.80	-108.17	—	—	—
	—	-45.40	119.64	—	—	—
	—	0.02	0.02	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +71.50%
Sales CAGR 5Y: —
Profit CAGR 3Y: +99.30%
Profit CAGR 5Y: —
Sales YoY (TTM): +18.80%
Profit YoY (TTM): +438.86%

Consolidated

Sales CAGR 3Y: -21.79%
Sales CAGR 5Y: —
Profit CAGR 3Y: +99.08%
Profit CAGR 5Y: —
Sales YoY (TTM): +18.79%
Profit YoY (TTM): +438.46%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.89%

Holder	Type	Holding	Previous	Change
Winro Commercial (India) Ltd	Promoter Group	22.77%	—	—
Four Dimensions Securities (India) Ltd	Promoter Group	18.78%	—	—
Ageless Capital And Finance Private Limited	Public	5.83%	—	—
Ashwin Kumar Kothari	Promoter	5.57%	—	—
Ashwin Kumar Kothari (Smaller)Huf	Promoter	5.42%	—	—
Ashwin Kumar Kothari (Huf)	Promoter	5.41%	—	—
Panna Lal C Kothari Huf	Promoter	4.65%	—	—
Rohit Kothari	Promoter	3.85%	—	—
Four Dimensions Advisors Private Limited	Promoter Group	2.92%	—	—
Minix Holdings Pvt Ltd	Public	2.27%	—	—
Niyati Parish Mehta	Promoter	2.01%	—	—
Luv Kush Projects Ltd.	Public	1.82%	—	—
Meena A Kothari	Promoter	1.77%	—	—
Kamal Mavji Visaria	Public	1.72%	—	—
Mitsu Energy Private Limited	Public	1.50%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finance Limited	6,18,269	993.05	28.02	—	+18.82% TTM	+18.85% TTM	-6.05%
Shriram Finance Limited	2,13,119	905.70	16.80	—	+13.76% TTM	+28.60% TTM	+13.74%
Tata Capital Limited	1,43,392	337.80	23.16	—	—	—	+2.57%
Cholamandalam Investment and Finance Company Ltd	1,42,265	1,659.05	22.87	—	+21.13% TTM	+33.94% TTM	-5.48%
MUTHOOT FINANCE LIMITED	1,08,792	2,709.85	8.83	—	+47.27% TTM	+70.66% TTM	-15.07%
L&T Finance Limited	66,033	263.45	19.22	—	+20.11% TTM	+27.39% TTM	-5.93%
SBI CARDS AND PAYMENT SERVICES LIMITED S	52,626	553.00	20.18	—	+5.81% TTM	+35.96% TTM	-37.17%
Piramal Finance Limited	45,975	1,942.90	24.08	—	—	—	—
SUNDARAM FINANCE LTD	44,403	3,996.55	27.42	—	—	—	-16.26%
Authum Investment & Infrastructure Limited	43,913	517.10	25.16	—	-24.30% TTM	-56.50% TTM	-10.17%
HDB FINANCIAL SERVICES LIMITED S	42,098	506.65	14.22	—	—	—	-30.70%
POONAWALLA FINCORP LIMITED	41,349	469.55	38.02	—	+75.12% TTM	+399.21% TTM	-0.70%
Mahindra & Mahindra Financial Services Limited	37,542	270.05	10.42	—	+14.94% TTM	+45.99% TTM	-15.21%
Manappuram Finance Limited	29,495	314.00	20.41	—	+4.79% TTM	+85.35% TTM	+17.85%
IIFL FINANCE LIMITED	24,697	578.65	9.35	—	+35.37% TTM	+157.78% TTM	+7.38%
Capri Global Capital Limited	23,121	240.30	17.65	—	+52.88% TTM	+82.77% TTM	+21.89%
Five-Star Business Finance Ltd. S	11,724	397.15	10.50	—	+8.28% TTM	+1.05% TTM	-39.17%
SBFC Finance Limited	9,820	88.32	28.37	—	+28.23% TTM	+45.63% TTM	-24.80%
PAISALO DIGITAL LIMITED	7,279	77.43	27.42	—	+23.60% TTM	+27.97% TTM	+101.17%
Bengal & Assam Company Limited	6,477	5,680.00	8.29	—	+12.05% TTM	+3.26% TTM	-25.74%
Fedbank Financial Services Limited S	5,923	157.85	13.66	—	+21.29% TTM	+76.56% TTM	+10.46%
Mrugesh Trading Ltd. S	5,665	78.41	—	-0.30%	+21.12% TTM	+94.74% TTM	+3,464.09%
SG FINSERVE LIMITED S	4,670	708.75	24.95	—	+104.57% TTM	+86.47% TTM	+85.76%
MAS Financial Services Limited	4,607	253.90	10.89	—	+22.72% TTM	+23.77% TTM	-19.01%
Northern Arc Capital Ltd.	4,481	276.95	9.38	—	+29.02% TTM	+70.21% TTM	+0.64%
Saraswati Commercial (India) Ltd.	1,105	10,080.00	8.35	—	+18.79% TTM	+438.46% TTM	-18.01%

Filings & corporate actions

Recent announcements

Saraswati Commercial India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve 1. Un Audited Standalone ....29 Oct 2026 · Board Meeting / Board Meeting
Newspaper advertisement pertaining to the loss of Share Certificates.23 Oct 2026 · Company Update / Newspaper Publication
Resignation of Mr. Kartik Chawda as Chief Information Officer and Head of IT (Senior Managerial Personnel) of the Company.9 Oct 2026 · Company Update / Change in Management
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.5 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Publication regarding special window for transfer and dematerialization of physical securities of Saraswati Commercial (India) Limited.29 Sep 2026 · Company Update / Newspaper Publication
Disclosure of Voting Results & Consolidated Scrutinizer Report of the 43rd Annual General Meeting of the Company held on Thursday, 24th September, 2026.25 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Re-appointment of Mr. Vallabh Prasad Biyani (DIN: 00043358) as a Non Executive Independent Director of the Company for the second term of 5 years.24 Sep 2026 · Company Update / Change in Directorate
Summary proceedings of the 43rd Annual General Meeting of the Company held on Thursday, 24th September, 2026 via VC/OAVM.24 Sep 2026 · AGM/EGM / AGM
Newspaper Publication of Notice of 43rd Annual General Meeting & details of E- Voting of Saraswati Commercial (India) Limited.1 Sep 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 36(1)(b) of SEBI LODR Regulations, 2015, the Company has dispatched the letter to members of the Company providing web link of the Notice of AGM and Annual Report ....31 Aug 2026 · Company Update / General
Submission of 43rd Annual Report of Saraswati Commercial (India) Limited for the Financial Year 2025-2026.31 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of 43rd Annual General Meeting of Saraswati Commercial (India) Limited scheduled to be held on Thursday, 24th September, 2026 at 2.30 P.M.31 Aug 2026 · AGM/EGM / AGM
Newspaper Advertisement for the 43rd Annual General Meeting of the Company to be held on Thursday, 24th September, 2026 at 2.30 P.M.28 Aug 2026 · Company Update / Newspaper Publication
Newspaper Publication of Un- Audited Standalone & Consolidated Financial Results for the quarter ended 30th June, 2026 of Saraswati Commercial (India) Limited.13 Aug 2026 · Company Update / Newspaper Publication
The 43rd Annual General Meeting of the Company will be held on Thursday, 24th September, 2026 through Video Conferencing/ Other Audio Visual Means.12 Aug 2026 · Company Update / General
Register of Member & Share Transfer Books of the Company will remain closed from Thursday, 17th September, 2026 to Thursday, 24th September, 2026 (both days inclusive) for the purpose of ....12 Aug 2026 · Corp. Action / Book Closure
Re-appointment of Mr. Vallabh Prasad Biyani (DIN: 00043358) as a Non Executive Independent Director of the Company for the second term of 5 years.12 Aug 2026 · Company Update / Change in Directorate
Considered and approved the Un audited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026 along with the Limited Review Report from the Statutory Auditors ....12 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting held on Wednesday, 12th August, 2026.12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Saraswati Commercial India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve The Un-Audited Financial ....5 Aug 2026 · Board Meeting / Board Meeting
Newspaper publication regarding special window for transfer and dematerialization of physical securities of Saraswati Commercial (India) Limited.31 Jul 2026 · Company Update / Newspaper Publication
Clarification on the price movement of the script of Saraswati Commercial (India) Limited.9 Jul 2026 · Company Update / General
The Exchange has sought clarification from Saraswati Commercial India Ltd on July 8, 2026 with reference to significant movement in price, in order to ensure that investors have latest ....8 Jul 2026 · Company Update / Clarification
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30.06.2026.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication regarding Special Window for Transfer & Dematerialization of physical securities of Saraswati Commercial (India) Limited.3 Jun 2026 · Company Update / Newspaper Publication
Newspaper Publication of Audited Financial Results of the Company for the quarter and year ended 31st March, 2026.28 May 2026 · Company Update / Newspaper Publication
Re-appointment of Rajiv A. Gupta & Associates, Chartered Accountant, as Internal Auditor of the Company for the Financial Year 2026-2027.26 May 2026 · Company Update / Change in Management
Re-appointment of Ms. Meenakshi Bishnoi as Chief Compliance Officer (Senior Managerial Personnel) of the Company w.e.f. August 10, 2026 for a period of three years.26 May 2026 · Company Update / Change in Management
Appointment of Mr. Kartik Chawda as the Chief Information Officer & Head of IT (Senior Managerial Personnel) of the Company w.e.f. June 01, 2026.26 May 2026 · Company Update / Change in Management
Resignation of Mr. Sanket Baheti, Chief Information Officer (Senior Managerial Personnel) of the Company w.e.f. 31st May, 2026.26 May 2026 · Company Update / Cessation
Considered & Approved Audited Standalone & Consolidated Financial Results for the quarter & year ended 31st March, 2026 along with the Auditor''s Report for the corresponding period & Declaration ....26 May 2026 · Result / Financial Results
Board of Directors at its meeting held on Tuesday, 26th May, 2026, inter alia, has considered and approved the following: 1.Audited Standalone and Consolidated Financial Results of the ....26 May 2026 · Board Meeting / Outcome of Board Meeting
Saraswati Commercial India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve 1. The Audited Standalone ....19 May 2026 · Board Meeting / Board Meeting
Equity Shares of Saraswati Commercial (India) Limited included under the ''permitted to trade and admitted to dealings'' on National Stock Exchange of India Limited w.e.f. 20.04.2026.20 Apr 2026 · Company Update / General
Annual Secretarial Compliance Report for the year ended 31.03.2026.20 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''> <tr> <td>Sr. No.</td> <td>Particulars</td> ....8 Apr 2026 · Others / Format of the Annual Disclosure to be made by an entity identified as a LC : Annexure B2
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....8 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.6 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Board meetings

5 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results