Hybrid Financial Services Ltd
Incorporated in 1986, Hybrid Financial Services Ltd is in the business of Equipment Leasing & Hire Purchase, Loan Syndication, and Merchant Banking.[1]
- Market Cap ₹ 56.9 Cr.
- Current Price ₹ 19.3
- High / Low ₹ 35.2 / 9.35
- Stock P/E 16.7
- Book Value ₹ 14.8
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 11.6 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
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 8.09% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.79 | 3.68 | 3.24 | 3.84 | 3.78 | 2.99 | 3.23 | 3.35 | 4.30 | 3.48 | 5.09 | 7.07 | 6.52 | |
| 3.11 | 3.28 | 2.95 | 3.13 | 3.11 | 2.80 | 2.54 | 2.35 | 2.67 | 2.41 | 2.83 | 3.02 | 3.11 | |
| Operating Profit | -0.32 | 0.40 | 0.29 | 0.71 | 0.67 | 0.19 | 0.69 | 1.00 | 1.63 | 1.07 | 2.26 | 4.05 | 3.41 |
| OPM % | -11.47% | 10.87% | 8.95% | 18.49% | 17.72% | 6.35% | 21.36% | 29.85% | 37.91% | 30.75% | 44.40% | 57.28% | 52.30% |
| 1.03 | 1.57 | 1.07 | 1.13 | 1.00 | 0.72 | 0.09 | -0.34 | 0.39 | -0.26 | 0.03 | -0.07 | -0.06 | |
| Interest | 0.03 | 0.04 | 0.10 | 0.06 | 0.04 | 0.06 | 0.03 | 0.08 | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 |
| Depreciation | 0.12 | 0.21 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 | 0.13 | 0.10 | 0.10 | 0.11 | 0.12 |
| Profit before tax | 0.56 | 1.72 | 1.14 | 1.67 | 1.52 | 0.74 | 0.64 | 0.49 | 1.84 | 0.68 | 2.16 | 3.85 | 3.21 |
| Tax % | 21.43% | 9.30% | 11.40% | 16.77% | 21.71% | 4.05% | 4.69% | 18.37% | 10.87% | 25.00% | 9.72% | 0.52% | |
| 0.44 | 1.56 | 1.02 | 1.38 | 1.20 | 0.70 | 0.60 | 0.40 | 1.63 | 0.51 | 1.94 | 3.84 | 3.22 | |
| EPS in Rs | 0.15 | 0.53 | 0.35 | 0.47 | 0.41 | 0.24 | 0.20 | 0.14 | 0.55 | 0.17 | 0.66 | 1.30 | 1.09 |
| 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: | 7% |
| 5 Years: | 17% |
| 3 Years: | 18% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 46% |
| 3 Years: | 37% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| 1 Year: | 46% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | -4.81 | -3.37 | -2.38 | 6.03 | 10.18 | 3.74 | 3.03 | 9.51 | 9.49 | 8.09 | 15.30 | 24.48 | 28.92 |
| 3.46 | 3.73 | 2.80 | 2.16 | 2.14 | 2.11 | 2.27 | 2.10 | 2.10 | 2.10 | 2.10 | 1.40 | 0.70 | |
| 7.05 | 7.00 | 6.77 | 6.37 | 5.99 | 12.38 | 13.77 | 13.74 | 13.30 | 12.60 | 15.77 | 9.26 | 10.14 | |
| Total Liabilities | 20.42 | 22.08 | 21.91 | 29.28 | 33.03 | 32.95 | 33.79 | 40.07 | 39.61 | 37.51 | 47.89 | 49.86 | 54.48 |
| 1.38 | 1.61 | 1.37 | 1.30 | 1.24 | 1.18 | 1.10 | 1.02 | 1.93 | 1.84 | 1.75 | 1.69 | 1.69 | |
| 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 | 4.19 | 5.47 | 5.54 | 12.72 | 16.11 | 15.08 | 14.63 | 20.55 | 19.30 | 16.80 | 22.53 | 24.17 | 26.85 |
| 14.85 | 15.00 | 15.00 | 15.26 | 15.68 | 16.69 | 18.06 | 18.50 | 18.38 | 18.87 | 23.61 | 24.00 | 25.94 | |
| Total Assets | 20.42 | 22.08 | 21.91 | 29.28 | 33.03 | 32.95 | 33.79 | 40.07 | 39.61 | 37.51 | 47.89 | 49.86 | 54.48 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.23 | 0.45 | 0.38 | 0.25 | 0.46 | -0.23 | -0.42 | 0.00 | 0.60 | 0.00 | 1.34 | -3.64 | |
| 1.31 | -0.92 | 0.98 | 1.53 | 0.32 | 1.59 | 1.04 | 0.78 | 0.22 | 0.90 | 1.51 | 1.65 | |
| -0.39 | 0.58 | -0.89 | -1.01 | -0.35 | -0.09 | 0.13 | -0.61 | -0.05 | -0.03 | -0.03 | -0.73 | |
| Net Cash Flow | 1.15 | 0.11 | 0.47 | 0.77 | 0.42 | 1.27 | 0.75 | 0.17 | 0.77 | 0.86 | 2.83 | -2.71 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 48.41 | 34.71 | 36.05 | 32.32 | 39.59 | 26.86 | 29.38 | 16.34 | 11.88 | 14.68 | 14.34 | 8.78 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 48.41 | 34.71 | 36.05 | 32.32 | 39.59 | 26.86 | 29.38 | 16.34 | 11.88 | 14.68 | 14.34 | 8.78 |
| Working Capital Days | -138.67 | -187.46 | -185.88 | -131.17 | -106.22 | -129.40 | -148.03 | -111.13 | -74.70 | -88.10 | -147.00 | -32.01 |
| ROCE % | 4.43% | 12.44% | 8.47% | 9.09% | 6.25% | 3.32% | 3.30% | 5.09% | 6.91% | 4.33% | 7.93% | 11.17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
2d - NCLT approved Oct 16, 2025 merger: Maximus Securities absorbed into Hybrid; certified order dated Dec 8, 2025.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
10 Dec - NCLT approved merger of Maximus Securities into Hybrid Financial; appointed date April 1, 2024; order dated Oct 16, 2025
- Extract Of The Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025 30 Oct
-
Board Meeting Outcome for Outcome With Results
29 Oct - Unaudited standalone and consolidated Q2/H1 results for period ended 30 Sep 2025; consolidated H1 profit Rs.182.25 lakh.
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Outcome With Results
29 Oct - Board approved unaudited standalone and consolidated Q2/H1 results (30 Sep 2025); consolidated H1 profit ₹182.25 lakh.
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
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Services Offered:[1]
Company provides debt recovery advise, consultancy in financial, secretarial, commercial, legal, direct and indirect taxation, other levies, statistical, accountancy and other fields. Also, through its subsidiary, company deals in share and stock broking, investment, depository participant and marketing of financial products