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Indo Thai Securities Ltd (INDOTHAI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533676 NSE: INDOTHAI Finance - Investment | Small Cap | Indo Thai Securities Share Price

₹236.35 6.75 (2.94%)

As on 11-Jun'26 16:59

Indo Thai Securities Ltd (INDOTHAI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533676 NSE: INDOTHAI Finance - Investment | Small Cap | Indo Thai Securities Share Price

₹236.35 6.75 (2.94%)

As on 11-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,064 Cr.
Current Price
₹236.4
52-Week Low / High
₹144 / 470
TTM EPS
₹5.2
Book Value per Share
₹22.2
P/E Ratio
45.82
Lower than its 5-year historical median
Industry PE
51.5
Price to Book (P/B)
10.65
Higher than its 5-year historical median
EV/EBITDA
33.80
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
7.89%
Return on Capital Employed (ROCE)
10.03%
Return on Assets (ROA)
5.45%
Growth Momentum
1-yr vs 3-yr growth
Net Interest Income Growth (1 Year)
Slowing versus 3-year growth rate
-14.5%
Book Value Growth (1 Year)
Improving versus 3-year growth rate
90.24%
Asset Quality
Gross NPA(%)
0.00%
Net NPA(%)
0.00%
TTM Sales
₹103 Cr.
Reserves
₹275 Cr.
Equity
₹13 Cr.
Face Value
₹1
All Time Low / High
₹0.89 / 470.00

Indo Thai Securities stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Indo Thai Securities Ltd a good quality company?
Indo Thai Securities Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.

  • How efficiently has it grown and managed operations?

    By checking its Total Asset growth.

  • How strong is its Capital position and Asset Quality?

    By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

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How does Indo Thai Securities Ltd performance compare with that of its Peers?
Q.1 AUM Growth of Indo Thai Securities Ltd vs Industry Peers?
Indo Thai Securities Ltd AUM CAGR is 28.53%, compared to the 5-year industry median CAGR of 9.27%, indicating faster growth and gaining its market share.
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Q.1 Promoter shareholding and pledge status of Indo Thai Securities Ltd?
Promoters hold 56.51% of the Indo Thai Securities Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Indo Thai Securities Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 59.4% based on the current price.
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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Indo Thai Securities Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Operating Income (₹ Cr.)42.84552.87.29.421.920.57.73126.7103
YoY Gr. Rt. %-5.1%17.2%-86.3%29.8%133.3%-6.5%-62.4%303.6%-13.9%-
Adj EPS (₹ ) 0.70.30.9-0.1-1.111-0.61.70.85.2
YoY Gr. Rt. %--53.9%196.7%-111.2%NANA1%-155.8%NA-53%-
BVPS (₹ )4.34.55.45.64.45.46.35.77.213.622.2
YoY Gr. Rt. %-4.2%19.8%3.5%-21.9%23.9%17.4%-10.7%26.7%90.2%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)13.45.914-1.4-15.414.711.2-5.615.55.50

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Net Interest Income-5.1%23.3%9.3%-13.9%
Adj EPS2.1%NA-9.1%-53%
BVPS13.6%25.6%29.1%90.2%
Share Price 57.2% 114.6% 111.7% 35.1%

Key Financial Ratios

RATIOS \ YEARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Margins
Net Profit Margin (%)15.36.717-14.4-116.147.150.8-75.553.534.164.8
Performance Ratios To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)16.26.818.1-1.9-21.921.117.7-9.725.97.923.2

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income + 54465879232183127
Interest Income43455379222083127
Other Income ⓘ 44231701801
Exceptional Items ⓘ 11150010000
Expenditure ⓘ + 47484692369151015
Interest Expense ⓘ 0011111011
Operating Expenses ⓘ 42444345577913
Provisions 44231701801
Exceptional Items ⓘ 0500000000
Profit Before Tax ⓘ 7312-1-141612-72112
Taxes ⓘ -0-03-0-362-153
Profit After Tax 739-1-111010-6179
Adjusted EPS (₹)0.70.30.9-0.1-1.11.01.0-0.61.70.8
Dividend Payout Ratio (%)15.30%33.30%11.20%-96.40%0%9.70%9.60%-10.30%3.60%0%

Valuation of Indo Thai Securities - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Equity Capital +434554564454635772159
Share Capital ⓘ 10101010101010101012
Reserves ⓘ 333544463444534762148
Short term borrowings0057701320
Long Term Borrowings-001-2-510-100
Current Liabilities 491924252244454242
Trade Payables261217172241413738
Other Liabilities-2-6-17-24-24-22-43-44-39-19
Total Liabilities ⓘ 475574786377108101114221

Assets

Non Current Asset +161616201631323075129
Loan Asset 0000000000
Other Non Current Asset ⓘ 161616201631323075129
Current Asset +31395858474676713992
Current Investment435000002262
Other Current Asset27365358474676711730
Total Assets ⓘ 475574786377108101114221

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ -721413664-1-21
Cash Flow From Investing Activity ⓘ 13210-123-10-45-75
Cash Flow From Financing Activity ⓘ -6-13-1-2-8-10-395
Net Cash Flow ⓘ 0363-21-501-2

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios
EPS (₹)6.5038.90-1-10.9010.3010.40-5.8016.607.80
DPS (₹)11110110.600.600
BVPS (₹)43.24553.955.843.65463.456.671.7136.4

Performance Ratios

ROA (%)13.45.914.0-1.4-15.414.711.2-5.615.55.5
ROE (%)16.26.818.1-1.9-21.921.117.7-9.725.97.9
ROCE (%)15.77.023.9-0.7-21.732.921.4-11.232.810.0

Valuation Parameters

Price/Book(x)0.50.51.20.60.31.06.33.73.913.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indo Thai Securities Ltd FAQs

The current trading price of Indo Thai Securities on 11-Jun-2026 16:59 is ₹236.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Jun-2026 the market cap of Indo Thai Securities stood at ₹3,063.5 Cr

The latest P/E ratio of Indo Thai Securities as of 10-Jun-2026 is 45.82.

The latest P/B ratio of Indo Thai Securities as of 10-Jun-2026 is 10.65.

The 52-week high of Indo Thai Securities is ₹470.0 and the 52-week low is ₹144.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indo Thai Securities is ₹103 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indo Thai Securities Ltd is a average quality company.

The key valuation ratios of Indo Thai Securities Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indo Thai Securities Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Indo Thai Securities Ltd

Indo Thai Securities is Flagship Company of Indo-Thai Group. The company has commenced business by obtaining corporate membership of National Stock Exchange of India Limited and received SEBI registration as a Trading Member in September, 1995.

The company is providing various financial services under one roof that are well diversified from trading services in Equity, Future & Options segment and Currency derivatives segment. The company has also taken membership of United Stock Exchange of India limited for currency derivatives segment.

It is serving the corporate clients, high net worth individuals and retail investors. It provides personalized services to its clients looking to their investment objective and risk appetite. Its clients includes Corporate, high net worth and retail around 7200 investors mainly in Madhya Pradesh, Rajasthan, Chhattisgarh and Maharastra. It is head quartered at Indore and operates through 14 branches located in the state of Madhya Pradesh and Maharastra.

Group companies

  • Indo Thai Securities Limited (ITSL)
  • Indo Thai Commodities Private Limited( ITCPL)
  • Indo Thai Real Estate Private Limited
  • Surana Estate & Commodity Trading Private Limited
  • Vistar Villas Private Limited
  • Sand & Stone Residency Private Limited
  • Citadel Real Estates Private Limited
  • Future Infraestates Private Limited
  • Provident Real Estates Private Limited
  • Rising Infrareal Private Limited
  • Oscar Buildcon Private Limited
  • Prosperity Residency Private Limited
  • Red Carpet Residency Private Limited
  • Geetanjali Buildcon Private Limited

Milestones

2012

  • May 08: Permanent Registration with SEBI as a Depository Participant-CDSL
  • April 23: Registration with SEBI as a Self Clearing Member of National Stock Exchange of India Limited
  • Feb 22: Registration with SEBI as a Clearing Member of National Stock Exchange of India Limited

2011

Nov 02: Indo Thai Securities Ltd got listed on National Stock of India Limited & Bombay Stock Exchange Limited.

2010

  • Nov 25: Indo Thai Commodities became Trading-cum-Clearing Member with Ace Derivatives & Commodity Exchange Ltd.
  • Sep 22: Registration with SEBI as a Trading Member of United Stock Exchange of India Ltd.
  • Sep 22: Registration with SEBI as a Trading Member in Future & Option Segment of Bombay Stock Exchange Ltd.

2009

Nov 09: Indo Thai Commodities became Trading cum Clearing Member with Indian Commodities Exchange Ltd.

2008

  • Sep 29: Registration with SEBI as a Trading Member in the Currency Derivative Segment (CDS) of MCX Stock Exchange Ltd.
  • Aug 26: Registration with SEBI as a Trading Member in the Currency Derivative Segment (CDS) of National Stock Exchange of India Limited
  • Apr 23: Registration with SEBI as a Multiple Member of Bombay Stock Exchange Ltd.

2007

July 05: Registration with SEBI as a Depository Participant-CDSL 

2006

Feb 13: Registration as a Mutual Fund Advisor with AMFI

2004

Jun 22: Indo Thai Commodities became Trading cum Clearing Member with Multi Commodity Exchange of India Ltd.

2003

Dec 17: Indo Thai Commodities became Trading cum Clearing Member with Multi Commodity Exchange of India Ltd.

2000

Jun 08: Registration with SEBI as a Trading Member in Future & Option Segment of National Stock Exchange of India Limited

1995

Sep 14: Registration with SEBI as a Trading Member in the Cash Market Segment of National Stock Exchange of India Limited

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