Explicit Finance

BSE: EXPLICITFIN · Diversified Commercial Services

52W Range₹7 ₹16

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Snapshot

Unlock Explicit Finance's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Explicit Finance Limited is a Mumbai-based non-banking financial company (NBFC) that provides short-term and long-term loans to industrial and commercial entities. The company also engages in capital market operations, including share trading and financial consultancy services.

Business Model

The company generates revenue through interest income from its lending activities and capital gains from trading in shares and securities. It further supplements its income by providing financial consultancy services to its corporate clients.

Growth Outlook

Growth is expected to be driven by the company's ability to leverage its regulatory status to facilitate corporate financing within the domestic Indian market. As a small-cap entity, future expansion remains tied to its niche client base and strategic investment performance.

Key Risks

  • Credit Risk. The company faces potential losses if borrowers default on their short-term or long-term loan obligations.
  • Market Volatility. As a participant in capital market operations, the company is exposed to fluctuations in share prices and securities valuations.
  • Regulatory Risk. Changes in Reserve Bank of India guidelines for NBFCs could impact the company's operational flexibility and compliance costs.
  • Liquidity Risk. The company may face challenges in managing cash flows if its investments in securities or loans become illiquid.

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Key Metrics

REVENUE

₹3 Cr

TTM · standalone

-51.8%YoY

NET PROFIT

₹-0.01 Cr

TTM · standalone

+0.0%YoY

RETURN ON EQUITY

-0.1%

TTM · standalone

+0.0 ppYoY

P/E

-785.0x

Q4 FY26 · standalone

-785.0 vs -47.1x5Y avg

EBITDA MARGIN

-0.3%

TTM · standalone

-0.2 ppYoY

NET PROFIT MARGIN

-22.4%

Q4 FY26 · standalone

-21.1 ppYoY

Peers · Diversified Commercial Services

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Explicit FinanceEXPLICITFIN
₹7 Cr-762.00-51.8%-0.3%-0.1%-7.9%
Radiant Cash Management Services LimitedRADIANTCMS
₹419 Cr13.367.121.8%12.5%10.0%14.0%-34.1%
Kalind LtdKALIND
₹382 Cr0.188.3129444.4%59.0%55.4%72.3%-91.9%
Majestic AutoMAJESAUT
₹377 Cr3.854.85-45.0%167.0%15.7%18.6%+4.9%
Dev Accelerator LimitedDEVX
₹340 Cr28.743.7255.5%5.5%12.8%
Mizzen VenturesMIZVEN
₹94 Cr89.1348.9576.2%2.2%3.7%-83.7%

As of Q4 FY26

Financials