Hybrid Financial Services Ltd
Incorporated in 1986, Hybrid Financial Services Ltd is engaged in the business of Stock Broking.[1]
- Market Cap ₹ 43.6 Cr.
- Current Price ₹ 15.1
- High / Low ₹ 27.0 / 14.5
- Stock P/E 16.7
- Book Value ₹ 16.7
- Dividend Yield 0.00 %
- ROCE 6.34 %
- ROE 6.48 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.90 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 11.4% over last 3 years.
- Earnings include an other income of Rs.2.75 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 Capital Markets Stockbroking & Allied
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.79 | 0.98 | 0.91 | 1.07 | 1.02 | 0.93 | 1.04 | 1.46 | 1.06 | 1.69 | 7.07 | 5.68 | 4.24 | |
| Sales growth | +46.30% | +24.05% | -7.14% | +17.58% | -4.67% | -8.82% | +11.83% | +40.38% | -27.40% | +59.43% | +318.34% | -19.66% | +6.53% |
| 1.60 | 1.43 | 1.33 | 1.14 | 1.14 | 0.94 | 0.74 | 1.15 | 1.09 | 1.11 | 3.02 | 3.97 | 4.21 | |
| Operating Profit | -0.81 | -0.45 | -0.42 | -0.07 | -0.12 | -0.01 | 0.30 | 0.31 | -0.03 | 0.58 | 4.05 | 1.71 | 0.03 |
| OPM % | -102.53% | -45.92% | -46.15% | -6.54% | -11.76% | -1.08% | 28.85% | 21.23% | -2.83% | 34.32% | 57.28% | 30.11% | 0.71% |
| 1.68 | 1.22 | 0.84 | 0.66 | 0.53 | 0.38 | -0.04 | 0.72 | 0.08 | 0.33 | -0.07 | 1.13 | 2.75 | |
| Interest | 0.02 | 0.05 | 0.01 | 0.03 | 0.03 | 0.02 | 0.07 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
| Depreciation | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.11 | 0.13 | 0.12 |
| Profit before tax | 0.82 | 0.72 | 0.41 | 0.56 | 0.38 | 0.35 | 0.19 | 1.00 | 0.02 | 0.88 | 3.85 | 2.70 | 2.64 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.52% | 0.00% | |
| 0.82 | 0.71 | 0.41 | 0.55 | 0.38 | 0.34 | 0.19 | 1.00 | 0.02 | 0.88 | 3.84 | 2.70 | 2.62 | |
| EPS in Rs | 0.28 | 0.24 | 0.14 | 0.19 | 0.13 | 0.12 | 0.06 | 0.34 | 0.01 | 0.30 | 1.30 | 0.92 | 0.89 |
| 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: | 19% |
| 5 Years: | 40% |
| 3 Years: | 75% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 28% |
| 3 Years: | 86% |
| TTM: | -14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 | 14.72 |
| Reserves | -9.58 | -8.90 | -8.53 | -7.96 | -12.64 | -13.31 | -12.70 | -11.69 | -11.26 | -10.36 | 24.48 | 29.44 | 34.44 |
| 3.17 | 2.40 | 2.10 | 2.10 | 2.11 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 1.40 | 0.70 | 0.70 | |
| 5.13 | 5.11 | 4.89 | 4.66 | 9.92 | 10.85 | 10.14 | 9.96 | 9.54 | 9.76 | 9.26 | 9.46 | 9.88 | |
| Total Liabilities | 13.44 | 13.33 | 13.18 | 13.52 | 14.11 | 14.36 | 14.26 | 15.09 | 15.10 | 16.22 | 49.86 | 54.32 | 59.74 |
| 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.62 | 0.61 | 0.60 | 1.69 | 1.63 | 1.41 | |
| 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 | 0.00 |
| Investments | 10.02 | 10.02 | 10.04 | 10.04 | 10.04 | 10.02 | 10.04 | 10.04 | 10.05 | 10.07 | 24.17 | 27.14 | 30.58 |
| 3.37 | 3.27 | 3.10 | 3.44 | 4.04 | 4.31 | 4.19 | 4.43 | 4.44 | 5.55 | 24.00 | 25.55 | 27.75 | |
| Total Assets | 13.44 | 13.33 | 13.18 | 13.52 | 14.11 | 14.36 | 14.26 | 15.09 | 15.10 | 16.22 | 49.86 | 54.32 | 59.74 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.42 | 0.97 | 0.72 | 0.54 | 0.47 | 0.20 | 0.05 | 0.10 | 0.52 | -0.05 | -3.64 | 0.74 | |
| 0.06 | 0.11 | 0.12 | 0.10 | 0.15 | 0.21 | 0.18 | 0.21 | 0.17 | 0.21 | 1.65 | 1.40 | |
| 0.12 | -0.71 | -0.65 | -0.33 | -0.02 | -0.04 | -0.43 | -0.03 | -0.02 | -0.02 | -0.73 | -0.72 | |
| Net Cash Flow | 0.60 | 0.37 | 0.19 | 0.31 | 0.60 | 0.37 | -0.20 | 0.29 | 0.66 | 0.14 | -2.71 | 1.42 |
| Free Cash Flow | 0.42 | 0.97 | 0.72 | 0.54 | 0.47 | 0.20 | 0.05 | 0.10 | 0.52 | -0.05 | -3.69 | 0.67 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -65% | -136% | -129% | -614% | -392% | -2,000% | 17% | 58% | -1,733% | -5% | -83% | 47% |
Ratios
Standalone / View Consolidated
| 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 | 9.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.78 | 10.92 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 9.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.78 | 10.92 |
| Working Capital Days | -549.81 | -443.21 | -445.22 | -245.61 | -271.96 | -290.43 | -91.25 | 107.50 | -27.55 | 75.59 | -32.01 | -12.85 |
| ROCE % | 10.54% | 9.32% | 5.09% | 6.88% | 6.28% | 9.61% | 22.80% | 22.05% | 8.23% | 16.14% | 17.25% | 6.34% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Brokerage Income INR thousands |
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| Financial Products Marketing Fees INR thousands |
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| Income from Depository Services INR thousands |
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| Service Charges INR thousands |
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| Equity Shares Held in Dematerialized Form % |
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| Investor Complaints Received count |
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| Number of Equity Shareholders count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Dear Sir, Submitting herewith Extract of Un-audited Financial Results published on Tuesday, 3rd November 2026 in The Free Press Journal English Daily in page no. …
- Unausited Financial Results For The Quarter And Half Year Ended 30Th September 2026
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Board Meeting Outcome for Outcome Of The Board Meeting Dtaed 02.11.2026 With Financial Resiults
- Board approved Q2/H1 FY26-27 unaudited results; PAT rose to Rs 116.36 lakh on 2 Nov 2026.
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Board Meeting Intimation for Intimation Of Board Meeting Dated 2Nd November 2026
- Board meeting on 2 Nov 2026 to approve Q2 and half-year unaudited results; trading window closed.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Overview:[1][2]
HFSL deals in Management Consulting, providing Debt Recovery Advise, Consultancy in Financial, Secretarial, Commercial, Legal, Direct and Indirect Taxation, Other Levies, Statistical, Accountancy and Other Fields. Currently, it is focussing on the developing the activities of its Broking Subsidiary, Maximus Securities Limited.