VLS Finance Limited

BSE: VLSFINANCE511333ISIN INE709A01018

Financial Services
Investment Company
BSE Financial Services

Share price

₹210.40+0.65 (+0.31%)

as of 4 Nov 2026

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

52W high: ₹339.90
52W low: ₹193.35
Off 52W high: -38.10%
1M return: -8.54%
3M return: -20.30%
6M return: -13.56%
1Y return: -3.04%
20D avg volume: 1,694
50 DMA: ₹229.69
200 DMA: ₹243.21

Key ratios Consolidated

Market cap: ₹647.58 Cr
Current price: ₹210.40
52W high / low: ₹339.90 / ₹193.35
Face value: ₹10.00
P/E: 14.17
P/B: —
EPS (TTM): ₹14.85
Book value / share: —
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-70.02 Cr
Interest cover: 137.75
Dividend yield: 0.71%
Dividend / share (TTM): ₹1.50
Payout: 10.10%
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
	123.59	-98.86	29.19	10.53	98.57	-48.67	57.80	79.18	130.32	98.08	113.20	84.11
	1.72	1.47	2.42	2.97	1.80	2.63	2.90	3.64	1.69	2.47	1.55	5.64
	125.31	-97.39	31.61	13.50	100.37	46.05	60.70	82.82	132.00	100.55	114.75	89.75
	6.13	6.47	7.18	6.51	6.06	6.82	16.37	18.15	8.38	9.09	7.33	7.68
	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
	2.48	2.33	2.48	2.44	2.20	1.92	2.03	2.11	2.46	2.01	1.76	1.86
	0.03	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.05	0.06	0.07	0.05
	0.66	0.82	0.89	0.89	0.94	1.07	1.08	1.04	1.26	1.57	1.34	1.37
	2.79	3.28	3.77	3.14	2.88	3.69	3.22	4.95	4.62	5.38	4.16	4.40
	119.18	-103.86	24.43	6.99	94.31	-52.86	-77.07	64.67	123.62	91.46	107.42	82.07
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	119.18	-103.86	24.43	6.99	94.31	-52.86	-77.07	64.67	123.62	91.46	107.42	82.07
	23.19	-29.32	6.39	-0.11	23.17	-13.03	—	—	—	—	—	—
	95.99	-74.54	18.05	7.10	71.14	-39.83	-58.31	51.10	93.24	74.06	88.05	70.28
	30.59	-22.29	5.31	2.04	20.92	-11.59	-16.90	14.71	26.80	21.25	25.25	20.14
Key metrics
	—	—	—	—	—	—	-75.95	65.75	124.93	93.09	108.83	83.49
	—	—	—	—	—	—	-131.40%	83.00%	95.90%	94.90%	96.10%	99.30%
	77.70%	75.40%	61.80%	67.40%	72.20%	81.80%	-100.90%	64.50%	71.50%	75.50%	77.80%	83.60%
	25.40%	-103.10%	-49.50%	-86.70%	-24.40%	-149.60%	-48.90%	-5.90%	—	—	—	—
	34.90%	-87.10%	131.00%	-86.10%	-23.70%	-153.80%	-166.20%	-27.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	64.45	39.43	103.02	407.02	82.06	229.33
	8.58	8.67	5.06	11.17	2.34	3.01
	73.03	48.09	108.08	418.20	84.40	232.34
	26.29	26.22	49.72	31.97	26.38	22.32
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	9.73	9.45	8.52	7.55	6.66	5.81
	0.16	0.16	0.17	0.21	0.15	0.03
	3.26	3.53	4.46	5.71	4.26	1.48
	12.98	13.07	16.48	18.43	15.30	15.01
	46.74	21.88	58.36	386.23	58.03	210.02
	0.00	0.00	0.00	0.00	0.00	0.00
	46.74	21.88	58.36	386.23	58.03	210.02
	0.15	0.12	12.16	—	—	—
	46.60	21.75	46.20	324.33	55.97	210.22
	15.65	6.50	13.44	93.07	14.49	54.37
Key metrics
	—	—	—	392.15	62.44	211.53
	—	—	—	96.30%	76.10%	92.20%
	72.30%	55.20%	44.80%	79.70%	68.20%	91.70%
	-65.51%	-61.70%	-74.70%	396.00%	-64.20%	—
	93.36%	-52.90%	-85.80%	479.50%	-73.40%	—
	—	-17.78	200.20	—	—	—
	—	-0.82	4.33	—	—	—
	—	0.00	0.00	—	—	—
	—	-70.02	-321.43	—	—	—
Balance sheet
	—	2,205	2,711	—	—	—
	—	70.32	322.29	—	—	—
	—	9.79	0.90	—	—	—
	—	0.00	0.00	—	—	—
	—	62.74	64.71	—	—	—
	—	0.30	0.86	—	—	—
	—	2,113	2,472	—	—	—
Cash flow
	—	-17.76	200.20	—	—	—
	—	-129.43	136.93	—	—	—
	—	-105.10	-43.99	—	—	—
	—	0.02	0.00	—	—	—

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
	107.01	82.38	24.33	9.10	84.06	49.12	58.75	74.24	130.02	97.54	112.42	79.22
	1.66	1.50	2.50	2.31	1.81	1.66	1.41	2.54	1.63	2.40	1.44	4.94
	108.67	-80.88	26.82	11.41	85.87	47.46	57.34	76.79	131.64	99.94	113.86	84.16
	5.59	5.72	6.62	5.94	5.53	6.08	15.83	17.49	7.80	8.29	6.62	6.85
	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
	2.06	1.91	2.04	2.02	1.81	1.52	1.65	1.73	2.07	1.64	1.43	1.46
	0.03	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.05	0.06	0.07	0.05
	0.66	0.81	0.88	0.89	0.94	1.06	1.07	1.04	1.26	1.57	1.34	1.37
	2.67	2.95	3.66	3.00	2.74	3.36	3.07	4.68	4.42	4.94	3.79	3.97
	103.09	-86.60	20.21	5.46	80.33	-53.54	-73.18	59.30	123.84	91.65	107.24	77.31
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	103.09	-86.60	20.21	5.46	80.33	-53.54	-73.18	59.30	123.84	91.65	107.24	77.31
	19.58	-25.60	5.42	0.03	19.74	-13.01	—	—	—	—	—	—
	83.51	-60.99	14.79	5.43	60.59	-40.53	-54.28	46.79	93.34	74.17	87.87	66.52
	26.61	-18.23	4.35	1.56	17.82	-23.58	-15.74	13.47	26.83	21.28	25.20	19.06
Key metrics
	—	—	—	—	—	—	-72.07	60.38	125.15	93.28	108.65	78.73
	—	—	—	—	—	—	-122.70%	81.30%	96.30%	95.60%	96.60%	99.40%
	78.00%	-74.00%	60.80%	59.70%	72.10%	-82.50%	-92.40%	63.00%	71.80%	76.00%	78.20%	84.00%
	27.30%	67.70%	-58.60%	-87.70%	-35.30%	-49.60%	-47.70%	-6.30%	—	—	—	—
	37.80%	-50.50%	127.20%	-88.40%	-35.10%	-154.60%	-161.80%	-29.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	222.82	35.11	96.39	399.89	75.71	285.55
	7.97	8.11	7.24	10.20	0.65	0.73
	66.02	43.22	103.62	410.09	77.25	286.29
	23.87	23.81	47.20	28.95	23.67	19.64
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	8.03	7.78	6.97	6.16	5.38	4.41
	0.16	0.16	0.17	0.21	0.07	0.02
	3.24	3.52	4.44	5.70	4.26	1.47
	12.28	12.35	15.53	16.80	13.96	13.74
	42.16	19.41	56.43	381.14	53.58	266.65
	0.00	0.00	0.00	0.00	0.00	0.00
	42.16	19.41	56.43	381.14	53.58	266.65
	-0.57	-0.41	11.10	—	—	—
	42.74	19.82	45.33	320.22	52.44	254.39
	14.29	5.93	26.38	91.89	13.57	65.80
Key metrics
	—	—	—	387.05	57.91	268.14
	—	—	—	96.80%	76.50%	93.90%
	19.18%	56.50%	47.00%	80.10%	69.30%	89.10%
	-16.29%	-63.60%	-75.90%	428.20%	-73.50%	—
	240.02%	-56.30%	-85.80%	510.60%	-79.40%	—
	—	-14.62	202.12	—	—	—
	—	-0.74	4.46	—	—	—
	—	0.00	0.00	—	—	—
	—	-55.66	-293.53	—	—	—
Balance sheet
	—	1,764	2,031	—	—	—
	—	55.96	294.39	—	—	—
	—	9.79	0.90	—	—	—
	—	0.00	0.00	—	—	—
	—	62.71	64.68	—	—	—
	—	0.30	0.86	—	—	—
	—	1,727	1,940	—	—	—
Cash flow
	—	-14.62	202.12	—	—	—
	—	-119.02	113.44	—	—	—
	—	-105.10	-43.99	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -22.60%
Sales CAGR 5Y: —
Profit CAGR 3Y: -27.70%
Profit CAGR 5Y: —
Sales YoY (TTM): -16.29%
Profit YoY (TTM): +240.02%

Consolidated

Sales CAGR 3Y: -21.68%
Sales CAGR 5Y: —
Profit CAGR 3Y: -27.03%
Profit CAGR 5Y: —
Sales YoY (TTM): -65.51%
Profit YoY (TTM): +93.36%

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: 56.38%

Quarter	September 2026	June 2026
Promoter %	56.38%	56.38%

Holder	Type	Holding	Previous	Change
VLS Capital Limited	Promoter Group	42.50%	42.50%	0.00%
Mahesh Prasad Mehrotra (HUF)	Promoter Group	6.32%	6.32%	0.00%
Investor Education and Protection Fund (IEPF)	Public	4.19%	4.21%	-0.02%
Sadhana Mehrotra	Promoter Group	2.82%	2.82%	0.00%
PRATEEK BANSAL	Public	2.56%	2.56%	0.00%
Divya Mehrotra	Promoter Group	1.73%	1.73%	0.00%
Vikas Mehrotra	Promoter Group	1.55%	1.55%	0.00%
VLS Commodities Private Limited	Promoter Group	1.46%	1.46%	0.00%
SURENDRA KUMAR GUPTA	Public	1.20%	1.25%	-0.05%
UMA PATI KESHARI	Public	1.13%	1.13%	0.00%
KABIR MULJI	Public	1.12%	1.12%	0.00%
South Asian Enterprises Limited	Promoter Group	0.00%	0.00%	0.00%
Daya Mehrotra	Promoter Group	0.00%	0.00%	0.00%
Pragati Moulders Limited	Promoter Group	0.00%	0.00%	0.00%
Mahesh Prasad Mehrotra	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Jio Financial Services Limited	1,46,722	222.20	85.71	—	+122.66% TTM	+4.99% TTM	-26.40%
Aditya Birla Capital Ltd	1,03,935	379.60	22.08	—	+23.75% TTM	+40.82% TTM	+14.46%
Tata Investment Corporation Ltd.	28,551	564.30	71.62	—	+16.36% TTM	+13.32% TTM	-28.21%
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED	25,806	1,374.30	4.29	—	+17.83% TTM	+24.27% TTM	-31.78%
TVS Holdings Limited	24,737	12,226.65	6.36	—	—	—	-19.15%
Maharashtra Scooters Ltd. S	13,510	11,821.25	44.34	—	+0.80% TTM	-14.73% TTM	-19.60%
JSW Holdings Limited	12,153	10,949.00	60.44	—	+54.93% TTM	+61.39% TTM	-35.00%
Religare Enterprises Ltd	7,666	224.65	428.87	—	+19.12% TTM	-89.03% TTM	-14.34%
Pilani Investment And Industries Corporation Limited	4,257	3,845.10	-349.56	—	-14.64% TTM	-119.66% TTM	-26.34%
Nalwa Sons Investment Ltd	2,510	4,886.85	43.58	—	-19.75% TTM	+35.31% TTM	-28.05%
Elcid Investments Ltd.	1,968	98,400.00	12.63	—	+158.70% TTM	+105.15% TTM	-25.95%
Kalyani Investment Company Limited	1,897	4,346.25	46.70	—	+7.07% TTM	+24.09% TTM	-27.33%
Shipping Corporation of India Land and Assets Limited S	1,678	36.03	46.79	1.10%	+19.06% TTM	+118.43% TTM	-27.95%
SUMMIT SECURITIES LTD.	1,450	1,330.00	11.51	—	+29.31% TTM	+24.27% TTM	-41.53%
PNB Gilts Ltd S	1,420	78.90	7.38	—	-2.69% TTM	+7.14% TTM	-12.73%
BELDING INDIA LIMITED S	1,196	826.15	-786.81	-0.10%	-100.00% TTM	-168.02% TTM	—
Jindal Photo Limited	1,170	1,140.20	-18.84	—	+744.30% TTM	-126.89% TTM	-17.04%
Vardhman Holdings Limited	1,092	3,421.00	4.34	—	+0.46% TTM	+1.65% TTM	-17.85%
Industrial & Prudential Inv. Co. Lt	1,020	6,089.00	16.76	—	-28.28% TTM	-3.16% TTM	+1.09%
JINDAL POLY INVESTMENT AND FINANCE COMPANY LIMITED	977	929.60	1.21	—	+3,152.89% TTM	+167.19% TTM	-4.75%
STEL Holdings Limited	970	525.35	49.44	1.60%	+19.92% TTM	+21.64% TTM	+30.05%
Hexa Tradex Limited	836	151.30	-121.40	-0.10%	+0.66% TTM	+70.34% TTM	-13.07%
Welspun Investments and Commercials Ltd. S	695	1,903.00	205.89	—	+38.73% TTM	+0.60% TTM	+43.44%
BEML Land Assets Limited S	690	165.75	-16,575.00	-16.40%	—	+98.79% TTM	-20.73%
VLS Finance Limited	648	210.40	14.17	—	-65.51% TTM	+93.36% TTM	-3.04%

Filings & corporate actions

Recent announcements

Please find enclosed intimation of Striking-off of the name of the Subsidiary Company - VLS Asset Management Limited w.e.f 19th October 2026.19 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2026.13 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Voting Results in respect of the 39th Annual General Meeting of the Company.1 Oct 2026 · AGM/EGM / AGM
Proceedings of the 39th Annual General Meeting held on September 29, 202629 Sep 2026 · AGM/EGM / AGM
Closure of Trading Window for Quarter ended 30th September 202626 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Announcement under Regulation 30 of SEBI (LODR) Regulations, 201524 Sep 2026 · Company Update / General
Newspaper Publication for Notice of the 39th Annual General Meeting (''''AGM'''') and E-voting information and other Information.8 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed Annual Report of the Company for the Financial Year 2025-26.7 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find attached herewith notice of 39th AGM to be held on Tuesday, 29th September 2026 at 3:30 p.m. (IST) through Video Conferencing or Other Audio-Visual Means.7 Sep 2026 · AGM/EGM / AGM
Newspaper Publication regarding Unaudited Financial Results for the period ended 30th June 2026 and other communications.13 Aug 2026 · Company Update / Newspaper Publication
Appointment of Shri Dinesh Kumar Mehrotra (DIN: 00142711) as Non-Executive, Non-Independent Director of the Company.11 Aug 2026 · Company Update / Change in Directorate
Please find enclosed Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026.11 Aug 2026 · Result / Financial Results
Please find enclosed outcome of the Board Meeting held on 11th August 2026.11 Aug 2026 · Board Meeting / Outcome of Board Meeting
VLS Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11-08-2026 ,inter alia, to consider and approve Unaudited Financial Results (Consolidated ....4 Aug 2026 · Board Meeting / Board Meeting
Newspaper Publication regarding various notices to members of the Company.23 Jul 2026 · Company Update / Newspaper Publication
Please find enclosed the letter for captioned subject.20 Jul 2026 · Company Update / General
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2026.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of cessation of Non-Executive, Independent Director of the Company due to completion of his tenure.29 Jun 2026 · Company Update / Change in Directorate
Intimation of cessation of Non-Executive, Independent Director of the Company due to completion of his tenure.29 Jun 2026 · Company Update / Cessation
Closure of Trading Window for Quarter ended 30th June 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication regarding Audited Financial Results for the period ended 31st March 2026 and other communications.28 May 2026 · Company Update / Newspaper Publication
Record Date fixed for purpose of AGM and Dividend.26 May 2026 · Corp. Action / Record Date
Intimation of Date of 39th Annual General Meeting of Company.26 May 2026 · AGM/EGM / AGM
Recommendation of dividend @15% i.e. Rs. 1.5/- per equity share for FY 2025-26 subject to the approval of members at the ensuing AGM.26 May 2026 · Corp. Action / Dividend
Audited financial results (standalone and consolidated) for the financial year ended March 31, 202626 May 2026 · Result / Financial Results
The Board interalia considered and approved (Standalone and Consolidated) Financial Results for the financial year ended 31 March, 2026, AGM Date, Record Date and recommended dividend.26 May 2026 · Board Meeting / Outcome of Board Meeting
Please find enclosed Annual Secretarial Compliance Report for year ended 31st March 202615 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
The Board Meeting to be held on 18/05/2026 has been revised to 26/05/2026 The Board Meeting to be held on 18/05/2026 has been revised to 26/05/2026.13 May 2026 · Company Update / Board Meeting Rescheduled
VLS Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/05/2026 ,inter alia, to consider and approve Audited Financial Results (Standalone ....11 May 2026 · Board Meeting / Board Meeting
Please find enclosed voting results of the postal ballot along with the Scrutinizer''s Report.13 Apr 2026 · AGM/EGM / Postal Ballot
Please find enclosed certificate under regulation 74(5) of SEBI (DP) Regulations, 2018.11 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
VLS Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/04/2026 ,inter alia, to consider and approve discuss business matters1 Apr 2026 · Board Meeting / Board Meeting
Intimation about Closure of Trading Window in F. Y. 2026-2027 and intimation under Regulation 33 of SEBI Listing Regulations.27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed copy of newspaper publication.11 Mar 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot10 Mar 2026 · AGM/EGM / Postal Ballot
Copy of Newspaper Publication is attached herewith.17 Feb 2026 · Company Update / Newspaper Publication
Financial Results For The Quarter And Nine Month Ended December 31, 2025.13 Feb 2026 · Result / Financial Results
Record date for the purpose of voting at Postal Ballot.13 Feb 2026 · Corp. Action / Record Date
Outcome of the board meeting held on February 13, 2026 to approve the financial results for the Quarter and Nine Months ended December 31, 2025.13 Feb 2026 · Board Meeting / Outcome of Board Meeting
VLS Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve unaudited financial results for ....2 Feb 2026 · Board Meeting / Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.5000	18 Sep 2026	18 Sep 2026	—
Buy Back of Shares	12 Dec 2025	12 Dec 2025	—
Final Dividend - Rs. - 1.5000	12 Sep 2025	12 Sep 2025	—
Final Dividend - Rs. - 1.5000	20 Sep 2024	—	—
Special Dividend - Rs. - 1.0000	20 Sep 2024	—	—
Buy Back of Shares	26 Aug 2024	26 Aug 2024	—