V B Desai Financial Services (BSE 511110)₹15.25+1.53%Other Financial Services
In the Jun 2026 quarter (standalone), V B Desai Financial Services reported sales of ₹1.07 Cr, up 12.6% from Jun 2025, and net profit of ₹0.30 Cr, up 42.9% year on year. For the year to Mar 2026, sales were ₹2.83 Cr and net profit ₹0.88 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.49 | 0.76 | 1.03 | 0.76 | 0.72 | 0.61 | 0.70 | 0.95 | 0.67 | 0.56 | 0.61 | 1.07 |
| Expenses | 0.48 | 0.70 | 0.83 | 0.66 | 0.64 | 0.58 | 0.67 | 0.95 | 0.65 | 0.54 | 0.62 | 0.91 |
| Operating Profit | 0.02 | 0.05 | 0.21 | 0.11 | 0.07 | 0.04 | 0.02 | 0.00 | 0.03 | 0.01 | 0.00 | 0.15 |
| OPM % | 6.0% | 7.8% | 21.2% | 15.6% | 10.9% | 8.1% | 4.2% | 0.0% | 5.9% | 3.5% | 1.6% | 14.8% |
| Other Income | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.11 | 0.27 | 0.26 | 0.27 | 0.27 | 0.26 | 0.26 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.08 | 0.12 | 0.27 | 0.18 | 0.14 | 0.18 | 0.32 | 0.28 | 0.33 | 0.31 | 0.29 | 0.44 |
| Tax % | 28.5% | 18.1% | 26.9% | 29.4% | 23.1% | 11.8% | 35.5% | 25.9% | 25.0% | 26.7% | 25.0% | 30.2% |
| Net Profit | 0.07 | 0.10 | 0.20 | 0.13 | 0.10 | 0.15 | 0.21 | 0.21 | 0.25 | 0.23 | 0.22 | 0.30 |
| EPS (Rs) | 0.14 | 0.21 | 0.43 | 0.28 | 0.21 | 0.32 | 0.45 | 0.45 | 0.54 | 0.50 | 0.47 | 0.65 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.38 | 1.13 | 1.32 | 2.18 | 2.58 | 2.13 | 2.80 | 2.76 | 3.29 | 3.30 | 2.83 | 2.91 |
| Expenses | 1.04 | 1.00 | 1.22 | 1.63 | 1.86 | 1.83 | 2.33 | 2.31 | 2.69 | 2.54 | 2.78 | 2.72 |
| Operating Profit | 0.35 | 0.14 | 0.11 | 0.54 | 0.73 | 0.29 | 0.48 | 0.44 | 0.61 | 0.75 | 0.06 | 0.19 |
| OPM % | 25.9% | 13.2% | 9.0% | 25.1% | 28.5% | 14.0% | 17.5% | 16.2% | 18.8% | 22.9% | 2.5% | 6.5% |
| Other Income | 0.00 | 0.01 | 0.12 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 1.09 | 1.06 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.35 | 0.14 | 0.23 | 0.53 | 0.73 | 0.32 | 0.49 | 0.45 | 0.63 | 0.78 | 1.17 | 1.37 |
| Tax % | 20.5% | −7.7% | 63.6% | 11.5% | 16.7% | 38.7% | 27.1% | 29.5% | 24.1% | 27.3% | 25.8% | — |
| Net Profit | 0.28 | 0.15 | 0.09 | 0.46 | 0.60 | 0.20 | 0.37 | 0.32 | 0.48 | 0.57 | 0.88 | 1.00 |
| EPS (Rs) | 0.61 | 0.32 | 0.19 | 1.00 | 1.31 | 0.43 | 0.81 | 0.69 | 1.05 | 1.25 | 1.93 | 2.16 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.52 | 4.52 | 4.52 | 4.53 | 4.52 | 4.53 | 4.53 | 4.53 | 4.53 | 4.53 | 4.52 | 4.52 |
| Reserves | 4.20 | 4.48 | 4.59 | 4.65 | 5.01 | 5.61 | 5.80 | 6.16 | 6.47 | 6.94 | 7.47 | 8.34 |
| Borrowings | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.23 | 0.23 | 0.40 | 0.45 | 0.59 | 0.52 | 0.50 | 0.58 | 0.56 | 0.70 | 0.58 | 0.58 |
| Total Liabilities | 8.95 | 9.29 | 9.51 | 9.63 | 10.12 | 10.66 | 10.83 | 11.27 | 11.56 | 12.17 | 12.57 | 13.44 |
| Fixed Assets | 0.15 | 0.12 | 0.09 | 0.06 | 0.04 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.28 | 3.30 | 3.43 | 5.43 | 7.90 | 8.21 | 8.20 | 8.53 | 8.66 | 8.66 | 0.12 | 0.25 |
| Other Assets | 5.52 | 5.87 | 5.99 | 4.14 | 2.18 | 2.44 | 2.63 | 2.74 | 2.90 | 3.51 | 12.42 | 13.16 |
| Inventories | 0.03 | 0.03 | 0.05 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 |
| Trade receivables | 0.07 | 0.11 | 0.12 | 0.13 | 0.17 | 0.19 | 0.15 | 0.28 | 0.39 | 0.44 | 0.30 | 0.33 |
| Cash & equivalents | 0.20 | 0.50 | 0.27 | 0.06 | 0.12 | 0.11 | 0.09 | 0.20 | 0.07 | 0.39 | 0.57 | 0.71 |
| Total Assets | 8.95 | 9.29 | 9.51 | 9.63 | 10.12 | 10.66 | 10.83 | 11.27 | 11.56 | 12.17 | 12.57 | 13.44 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.61 | 0.24 | −0.12 | 1.76 | 2.34 | −0.06 | −0.01 | 0.43 | −0.12 | 0.31 | −8.29 | 0.25 |
| Cash from investing activity | −0.88 | −0.01 | 0.00 | −1.98 | −2.30 | 0.04 | 0.00 | −0.31 | 0.00 | 0.00 | 8.48 | −0.11 |
| Cash from financing activity | 0.00 | 0.06 | −0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash flow | −0.27 | 0.29 | −0.22 | −0.21 | 0.05 | 0.00 | −0.01 | 0.10 | −0.12 | 0.31 | 0.16 | 0.13 |
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 |
| Free cash flow | 0.63 | 0.26 | −0.14 | 1.78 | 2.35 | −0.08 | −0.03 | 0.45 | −0.14 | 0.33 | −8.37 | 0.26 |
| CFO / OP % | 192.0% | 92.1% | −60.0% | 1,617.1% | 460.0% | 18.1% | 43.1% | 122.1% | −19.9% | 77.1% | −1,074.0% | 886.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 17 | 26 | 35 | 33 | 27 | 25 | 24 | 35 | 50 | 48 | 32 | 41 |
| Cash conversion cycle | 17 | 26 | 35 | 33 | 27 | 25 | 24 | 35 | 50 | 48 | 32 | 41 |
| Working capital days | 107 | 55 | 61 | 22 | 8 | 63 | 77 | 13 | 32 | 21 | 85 | 193 |
| ROCE % | 4.1% | 3.8% | 1.5% | 2.4% | 5.5% | 7.3% | 3.0% | 4.5% | 4.0% | 5.5% | 6.5% | 9.3% |
For the Jun 2026 quarter, V B Desai Financial Services reported sales of ₹1.07 Cr, up 12.6% year on year and net profit of ₹0.30 Cr, up 42.9% year on year. The operating margin was 14.8%.
V B Desai Financial Services' sales for the year to Mar 2026 were ₹2.83 Cr; over the last twelve months they were ₹2.91 Cr.
Net profit for the year to Mar 2026 was ₹0.88 Cr, and ₹1 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.16.
V B Desai Financial Services reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.71 Cr.
Cash from operations was ₹0.25 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.26 Cr.