IndoStar Capital Finance Limited (INDOSTAR) announced its financial results for the quarter ended September 30th, 2026. The company’s disbursements increased by 51% year-on-year to ₹ 1,399 crore, reflecting strong business momentum across its focus segments. The Asset Under Management (AUM) grew to ₹ 8,459 crore, representing a 12% year-on-year growth. Net Interest Income (NII) crossed ₹ 200 crore, marking a growth of 27% year-on-year.

Operational Highlights

The pre-provision operating profit rose to ₹ 109 crore with a year-on-year growth of 58%. The company continued to strengthen its funding profile, with its weighted average cost of funds declining to 9.7% in Q2 FY27 from 10.4% in Q2 FY26, an improvement of 70 basis points. Gross Stage 3 assets stood at 4.5%, while Net Stage 3 assets were 2.4%.

Strategic Initiatives

IndoStar continued to make progress on its key strategic priorities. The company maintained a disciplined approach to credit risk through comprehensive borrower assessment and proactive identification of potential stress indicators. The branch network expanded to 475 locations across 24 states and union territories, adding 7 branches during the quarter.

As a result, the company is well-positioned to leverage its strategic initiatives and continued growth in the financial sector.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of IndoStar Capital Finance Limited

IndoStar Capital Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

IndoStar drops 27.8% over three months and trades near its 52-week lows. D/E of 1.90 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock sits at 14% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 6.4% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of IndoStar Capital Finance Limited.

Capital Small Finance Bank Limited (CAPITALSFB) has unveiled its investor presentation for Q2 & H1 FY27, highlighting significant financial metrics and business growth. The presentation underscores the bank’s robust performance, particularly in asset growth, profitability, and asset quality.

Asset Growth

The bank’s loan book has seen a 23.4% year-on-year growth, reaching INR 9,755 crores in Q2 FY27, up from INR 7,907 crores in Q2 FY26. Deposits have also grown by 16.2% year-on-year, totaling INR 10,831 crores in Q2 FY27 compared to INR 9,317 crores in Q2 FY26.

Profitability

Capital Small Finance Bank Limited has demonstrated strong profitability, with a 30.7% year-on-year increase in profit after tax (PAT) to INR 46 crores in Q2 FY27, up from INR 35 crores in Q2 FY26. The bank’s return on assets (ROA) stands at 1.39%, and return on equity (ROE) at 12.23%.

Asset Quality

The bank maintains best-in-class asset quality metrics, with a gross non-performing asset (GNPA) ratio of 2.36% and a net non-performing asset (NNPA) ratio of 1.12% in Q2 FY27. These figures reflect the bank’s disciplined lending practices and effective risk management.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Capital Small Finance Bank Limited

Capital Small Finance Bank Limited belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.

Capital falls 10.1% over three months and has not found a floor yet. The PEG of 0.56 signals undervaluation relative to growth. It is a potential re-rating candidate. Industry-leading margins of 29.3% reflect exceptional pricing power and operational efficiency. The stock gains 0.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 14.6% and profits at 14.7% CAGR, with D/E of 0.24. Meanwhile, the stock dips 10.1% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Capital Small Finance Bank Limited.

Shalibhadra Finance Limited (NSE: SAHLIBHFI) is pleased to announce a substantial reduction in its incremental cost of borrowing. This strategic move marks a significant milestone for the company as it continues to serve India’s unbanked and underserved regions. Since April 2026, the company has successfully reduced its borrowing cost by 0.80% through the use of Listed Non-Convertible Debentures (NCDs).

Effective Cost Reduction Strategy

The company’s proactive approach to debt management has resulted in a notable decrease in interest rates. Specifically, from April 2026 to October 2026, the borrowing cost via NCDs has dropped from 12.00% to 11.20%. This reduction is a testament to the company’s effective financial strategy and its ability to navigate the market efficiently.

Impact on Customers and Profitability

This drastic reduction in borrowing costs will enable Shalibhadra Finance Limited to offer lower interest rates to its customers, thereby enhancing its competitive advantage. Additionally, the lower borrowing rates will positively impact the company’s net interest margins (NIMs) and overall profitability. The company plans to continue leveraging NCDs as a vital tool for raising debt, anticipating further reductions in borrowing rates in the future.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Shalibhadra Finance Limited

Shalibhadra Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Shalibhadra moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 0.37 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 54.2% reflect exceptional pricing power and operational efficiency. The stock holds at 41% of its 52-week range with RSI at 47. In other words, neither side has a clear edge right now. Revenue grows at 14.0% and profits at 32.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Shalibhadra Finance Limited.