Hybrid Financial Services Ltd
Incorporated in 1986, Hybrid Financial Services Ltd is engaged in the business of Stock Broking.[1]
- Market Cap ₹ 54.4 Cr.
- Current Price ₹ 18.5
- High / Low ₹ 35.2 / 13.1
- Stock P/E 20.8
- Book Value ₹ 3.85
- Dividend Yield 0.00 %
- ROCE 23.9 %
- ROE 29.2 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.3%
Cons
- Working capital days have increased from 37.7 days to 65.0 days
* 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.54 | 0.79 | 0.98 | 0.91 | 1.07 | 1.02 | 0.93 | 1.04 | 1.46 | 1.06 | 1.69 | 3.03 | 4.13 | |
| 1.50 | 1.60 | 1.43 | 1.33 | 1.14 | 1.14 | 0.94 | 0.74 | 1.15 | 1.09 | 1.11 | 1.26 | 2.10 | |
| Operating Profit | -0.96 | -0.81 | -0.45 | -0.42 | -0.07 | -0.12 | -0.01 | 0.30 | 0.31 | -0.03 | 0.58 | 1.77 | 2.03 |
| OPM % | -177.78% | -102.53% | -45.92% | -46.15% | -6.54% | -11.76% | -1.08% | 28.85% | 21.23% | -2.83% | 34.32% | 58.42% | 49.15% |
| 0.98 | 1.68 | 1.22 | 0.84 | 0.66 | 0.53 | 0.38 | -0.04 | 0.72 | 0.08 | 0.33 | 0.31 | 0.66 | |
| Interest | 0.01 | 0.02 | 0.05 | 0.01 | 0.03 | 0.03 | 0.02 | 0.07 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Depreciation | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 |
| Profit before tax | 0.00 | 0.82 | 0.72 | 0.41 | 0.56 | 0.38 | 0.35 | 0.19 | 1.00 | 0.02 | 0.88 | 2.06 | 2.62 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
| 0.00 | 0.82 | 0.71 | 0.41 | 0.55 | 0.38 | 0.34 | 0.19 | 1.00 | 0.02 | 0.88 | 2.06 | 2.62 | |
| EPS in Rs | 0.00 | 0.28 | 0.24 | 0.14 | 0.19 | 0.13 | 0.12 | 0.06 | 0.34 | 0.01 | 0.30 | 0.70 | 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% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 27% |
| 3 Years: | 28% |
| TTM: | 108% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 46% |
| 3 Years: | 31% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 28% |
| 3 Years: | 24% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | -10.28 | -9.58 | -8.90 | -8.53 | -7.96 | -12.64 | -13.31 | -12.70 | -11.69 | -11.26 | -10.36 | -3.65 | -3.39 |
| 3.38 | 3.17 | 2.40 | 2.10 | 2.10 | 2.11 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 1.40 | 0.70 | |
| 4.79 | 5.13 | 5.11 | 4.89 | 4.66 | 9.92 | 10.85 | 10.14 | 9.96 | 9.54 | 9.76 | 5.04 | 5.08 | |
| Total Liabilities | 12.61 | 13.44 | 13.33 | 13.18 | 13.52 | 14.11 | 14.36 | 14.26 | 15.09 | 15.10 | 16.22 | 17.51 | 17.11 |
| 0.07 | 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.62 | 0.61 | 0.60 | 0.59 | 0.58 | |
| 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 | 10.02 | 10.04 | 10.04 | 10.04 | 10.02 | 10.04 | 10.04 | 10.05 | 10.07 | 10.07 | 10.08 |
| 2.52 | 3.37 | 3.27 | 3.10 | 3.44 | 4.04 | 4.31 | 4.19 | 4.43 | 4.44 | 5.55 | 6.85 | 6.45 | |
| Total Assets | 12.61 | 13.44 | 13.33 | 13.18 | 13.52 | 14.11 | 14.36 | 14.26 | 15.09 | 15.10 | 16.22 | 17.51 | 17.11 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.05 | 0.42 | 0.97 | 0.72 | 0.54 | 0.47 | 0.20 | 0.05 | 0.10 | 0.52 | -0.05 | 0.08 | |
| 0.04 | 0.06 | 0.11 | 0.12 | 0.10 | 0.15 | 0.21 | 0.18 | 0.21 | 0.17 | 0.21 | 0.56 | |
| -0.09 | 0.12 | -0.71 | -0.65 | -0.33 | -0.02 | -0.04 | -0.43 | -0.03 | -0.02 | -0.02 | -0.72 | |
| Net Cash Flow | 0.00 | 0.60 | 0.37 | 0.19 | 0.31 | 0.60 | 0.37 | -0.20 | 0.29 | 0.66 | 0.14 | -0.08 |
| Free Cash Flow | 0.05 | 0.42 | 0.97 | 0.72 | 0.54 | 0.47 | 0.20 | 0.05 | 0.10 | 0.52 | -0.05 | 0.08 |
| CFO/OP | -15% | -65% | -136% | -129% | -614% | -392% | -2,000% | 17% | 58% | -1,733% | -5% | 6% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.83 | 9.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 60.83 | 9.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | -540.74 | -549.81 | -443.21 | -445.22 | -245.61 | -271.96 | -290.43 | -91.25 | 107.50 | -27.55 | 75.59 | 65.05 |
| ROCE % | 0.13% | 10.54% | 9.32% | 5.09% | 6.88% | 6.28% | 9.61% | 22.80% | 22.05% | 8.23% | 16.14% | 23.88% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees on Payroll count |
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| Brokerage Income INR thousands |
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| Equity Shares Held in Dematerialized Form % |
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| Financial Products Marketing Fees INR thousands |
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| Income from Depository Services INR thousands |
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| Investor Complaints Received count |
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| Number of Equity Shareholders count |
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| Service Charges INR thousands |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Dear Sir, Submitting herewith Certificate under Regulation 74(5) for the Quarter Ended 30th June, 2026 Kindly acknowledge, For Hybrid Financial Services Limited, Company Secretary
- Closure of Trading Window 23 Jun
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SEBI Registration Certificate
17 Jun - SEBI granted stock-broker registration INZ000335038 on 17 June 2026 after subsidiary merger.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 May - Declared non-applicability of Large Corporate framework as of 31 March 2026; outstanding borrowings NIL.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
29 May - Company says it is not a large entity under SEBI circular for FY2025-26; disclosure not applicable.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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.