Haryana Financial Corporation Ltd
Incorporated in 1951, Haryana Financial Corporation Ltd was in the business of
loan sanctioning[1]
- Market Cap ₹ 1,333 Cr.
- Current Price ₹ 64.2
- High / Low ₹ 94.0 / 63.0
- Stock P/E 175
- Book Value ₹ 10.8
- Dividend Yield 0.00 %
- ROCE 3.74 %
- ROE 3.45 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 49.4% CAGR over last 5 years
Cons
- Stock is trading at 5.95 times its book value
- Company has a low return on equity of 0.85% over last 3 years.
- Earnings include an other income of Rs.2.14 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Financial Institution
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.89 | 4.27 | 4.10 | 2.16 | 1.03 | 2.92 | 0.54 | 32.07 | 2.32 | 3.67 | 2.85 | 10.10 | 10.10 | |
| Interest | 0.43 | 0.10 | 0.06 | 0.10 | 0.03 | 0.04 | 0.04 | 0.26 | 0.04 | 0.04 | 0.04 | 0.00 | 0.00 |
| 60.98 | 7.37 | 7.05 | 8.14 | 6.22 | 5.08 | 4.84 | 9.64 | 4.28 | 4.32 | 5.60 | 3.92 | 3.95 | |
| Financing Profit | -56.52 | -3.20 | -3.01 | -6.08 | -5.22 | -2.20 | -4.34 | 22.17 | -2.00 | -0.69 | -2.79 | 6.18 | 6.15 |
| Financing Margin % | -1,155.83% | -74.94% | -73.41% | -281.48% | -506.80% | -75.34% | -803.70% | 69.13% | -86.21% | -18.80% | -97.89% | 61.19% | 60.89% |
| 108.77 | 7.14 | -0.48 | 1.95 | 11.43 | 0.53 | 6.07 | -0.30 | 2.85 | 26.14 | 2.79 | 2.22 | 2.14 | |
| Depreciation | 0.42 | 0.39 | 0.35 | 0.32 | 0.20 | 0.18 | 0.16 | 0.14 | 0.13 | 0.01 | 0.01 | 0.02 | 0.03 |
| Profit before tax | 51.83 | 3.55 | -3.84 | -4.45 | 6.01 | -1.85 | 1.57 | 21.73 | 0.72 | 25.44 | -0.01 | 8.38 | 8.26 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.76% | |
| 51.83 | 3.55 | -3.84 | -4.45 | 6.01 | -1.85 | 1.57 | 21.72 | 0.72 | 25.44 | -0.01 | 7.73 | 7.61 | |
| EPS in Rs | 2.50 | 0.17 | -0.18 | -0.21 | 0.29 | -0.09 | 0.08 | 1.05 | 0.03 | 1.23 | -0.00 | 0.37 | 0.36 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 80% |
| 3 Years: | 63% |
| TTM: | 2363% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 49% |
| 3 Years: | 151% |
| TTM: | 462% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 3% |
| 3 Years: | 1% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| 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 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 | 207.66 |
| Reserves | -92.19 | -88.64 | 16.58 | 16.58 | 16.58 | 16.58 | 16.58 | 16.58 | 16.58 | 16.58 | 16.58 | 16.58 |
| Borrowing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 84.00 | 74.99 | 77.33 | 75.49 | 61.45 | 59.48 | 56.77 | 56.22 | 55.99 | 33.23 | 32.67 | 26.07 | |
| Total Liabilities | 199.47 | 194.01 | 301.57 | 299.73 | 285.69 | 283.72 | 281.01 | 280.46 | 280.23 | 257.47 | 256.91 | 250.31 |
| 10.41 | 10.04 | 9.65 | 9.02 | 7.07 | 6.89 | 6.73 | 1.86 | 1.69 | 0.59 | 0.52 | 0.54 | |
| 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 | 149.76 | 149.76 | 149.76 | 149.76 | 149.76 | 152.24 | 152.05 | 178.98 | 177.13 | 179.26 | 179.09 | 149.51 |
| 39.30 | 34.21 | 142.16 | 140.95 | 128.86 | 124.59 | 122.23 | 99.62 | 101.41 | 77.62 | 77.30 | 100.26 | |
| Total Assets | 199.47 | 194.01 | 301.57 | 299.73 | 285.69 | 283.72 | 281.01 | 280.46 | 280.23 | 257.47 | 256.91 | 250.31 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -6.54 | -4.40 | -7.39 | -6.84 | 7.53 | -0.82 | -5.81 | -9.52 | -4.97 | -3.24 | -5.21 | -0.28 | |
| 9.36 | -0.02 | 0.04 | 0.00 | 1.81 | 0.00 | 0.31 | 30.51 | 0.04 | 1.09 | 2.97 | -0.03 | |
| -1.00 | 7.18 | 8.36 | 2.16 | -13.79 | 0.00 | 3.30 | 4.37 | 4.42 | 3.76 | 2.44 | 2.22 | |
| Net Cash Flow | 1.82 | 2.76 | 1.01 | -4.67 | -4.45 | -0.82 | -2.20 | 25.37 | -0.51 | 1.61 | 0.19 | 1.91 |
| Free Cash Flow | 2.79 | -4.42 | -7.35 | -6.84 | 9.28 | -0.82 | -5.81 | -9.51 | -4.93 | -2.16 | -2.24 | -0.31 |
| CFO/OP | 12% | 142% | 251% | 114% | -145% | 38% | 130% | -38% | 254% | 498% | 189% | -5% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 25.17% | -1.20% | -0.45% | -1.70% | -1.20% | 0.24% | -0.63% | 11.28% | 0.22% | 0.34% | -1.24% | 3.45% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Staff Strength Number |
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| Loan Recovery Rs. lakh |
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| Number of Offices (Head Office + Branches) Count |
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| Total Loans Outstanding (NPA Portfolio) Rs. lakh |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- In compliance of the regulations of SEBI, we are enclosing herewith the Newspaper publications for Postal ballot Notice dispatch to the Shareholders of Haryana Financial …
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
- Postal ballot on voluntary delisting from BSE; voting Aug 28-Sep 26, 2026; exit price Rs 9.55.
-
Board Meeting Outcome for Outcome Of Meeting Of Board Of Haryana Financial Corporation Held On Wednesday, August 19, 2026 In Accordance With Regulation 30 Of The SEBI (LODR) Regulations, 2015
- Board approved voluntary delisting from BSE; valuation fixed at Rs 9.55 per share, postal ballot to follow.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 To Consider The Proposal For Voluntary Delisting Of The Equity Shares Of The Haryana Financial Corporation
- Board meeting on 19 Aug 2026 to consider HFC voluntary delisting, postal ballot, and due diligence.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Haryana Financial Corporation appointed Shri Hitesh Kumar Meena, IAS, as independent director on 12 August 2026.
Annual reports
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
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Annual Report 2011
from bse
Operational Status:[1][2]
The Company ceased loan sanctioning in May 2010 and has no outstanding borrowings, having repaid all loans. With no market or bank borrowings during the year, it used limited resources to meet liabilities. As of FY23, it still has Rs. 52 lakh in dues to recover from creditors.