T

TSF Investments Limited

TSFINVNSE
Market snapshot · 2026-08-10 22:24 UTC

434.10

₹-7.85 (-1.78%)

MARKET CAP

₹9.58K Cr

STOCK P/E

18.5x

52W HIGH

₹701.50

52W LOW

₹331.70

BOOK VALUE

₹271.63

EPS

₹23.51

ROE

SECTOR

Financials

DEBT/EQUITY

3.85

VOLUME

65,803

P/B RATIO

1.60x

PEG RATIO

Sector

Financials

Themes

Investment Banking & BrokerageTVS Group
D
Dividend
₹657.05₹579.71₹502.38₹425.04₹347.71VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

TSF Investments is an investment company with auto-component holdings, shared-services operations, manufacturing, and outsourcing support. Its revenue drivers include axle housings for medium and heavy commercial vehicles, forged automobile components, and support services for corporate clients. Revenue growth reached 843.2%, but no major recent development explains whether this increase is sustainable or operationally driven. Profit grew 26.6% despite declining margins, indicating weaker earnings conversion amid rapid reported revenue expansion. ROE is unavailable, while debt/equity of 3.85 implies significant leverage that can amplify or constrain shareholder returns. At 18.8x earnings, valuation appears fair relative to current fundamentals, but the key open question is whether revenue growth can persist without further margin compression.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for TSFINV.

Coverage check

Price Forecast

Current
₹434.10
High Target
Median Target
Low Target
Now₹434.10Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹317.60 - ₹556.3480%
6M₹273.83 - ₹605.0480%
12M₹217.89 - ₹668.5680%
Realized vol: +43.7% · Drift: -3.3%

Revenue Forecast

₹ Cr
Dec '25Current₹54.0
Sep 2026 ETrend estimate range
High₹56.7Base₹52.5Low₹48.3
Mar '25: ₹79.0 · Jun '25: ₹134.0 · Sep '25: ₹35.0 · Dec '25: ₹54.0 · Sep '26: ₹52.5 · Dec '26: ₹81.0
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E79.0134.035.054.052.581.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹2.00
Sep 2026 ETrend estimate range
High₹1.78Base₹1.59Low₹1.40
Mar '25: ₹2.78 · Jun '25: ₹5.33 · Sep '25: ₹1.06 · Dec '25: ₹2.00 · Sep '26: ₹1.59 · Dec '26: ₹3.00
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E2.785.331.062.001.593.00
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Supportive
78%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Strong

Fundamentals institutional score is 100 using growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 39 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Strong Trend

Technicals institutional score is 88 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Supportive. fundamentals and technical structure provide support, while valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationTechnical Structure Strong Trend

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score88%
Fundamental Score100%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 40.4% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +0.89). Confidence: 59%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/B
Undervalued

5Y Average

1.69

Current

1.60

Overvalued

1.95

Undervalued

1.44

P/E
Strongly Overvalued

5Y Average

9.90

Current

18.80

Overvalued

17.73

Undervalued

9.95

P/S
Strongly Overvalued

5Y Average

4.62

Current

8.62

Overvalued

7.40

Undervalued

1.55

Peers & Comparison

Sector: Financials · Theme: Investment Banking & Brokerage

Investment Banking & Brokerage Peers5 peers
Avg P/E: 43x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
IIFL FINANCE LIMITED
IIFLInvestment Banking & Brokerage
+31.8%24.2%
12.8x
Undervalued
-70% vs avg
+35.9%
JM FINANCIAL LIMITED
JMFINANCILInvestment Banking & Brokerage
-10.3%30.9%
11.7x
Undervalued
-73% vs avg
-20.3%
ANGEL ONE LIMITED
ANGELONEInvestment Banking & Brokerage
+23.0%20.7%
26.6x
Undervalued
-38% vs avg
+14.6%
CHOICE INTERNATIONAL LTD
CHOICEINInvestment Banking & Brokerage
+21.8%20.6%
75.0x
Premium
+74% vs avg
+9.9%
RELIGARE ENTER. LTD.
RELIGAREInvestment Banking & Brokerage
+22.1%1.0%
89.0x
Premium
+107% vs avg
-8.7%
WHY THESE PEERS

TSF INVESTMENTS LIMITED trades at a discount (18.5x vs peer avg 43.0x), suggesting potential undervaluation relative to the Investment Banking & Brokerage cohort. Peers include IIFL FINANCE LIMITED, JM FINANCIAL LIMITED, ANGEL ONE LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹54 CrDec 2025

Latest net profit

₹44 CrDec 2025

Latest EPS

₹2.00Dec 2025

Net margin

96.3%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%25.0%50.0%75.0%100.0%0.00 Cr35 Cr70 Cr105 Cr140 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr35 Cr70 Cr105 Cr140 Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeProfitbefore taxTax & otherNet Profit0.00 Cr15 Cr30 Cr45 Cr60 Cr

Latest reported period: Dec 2025

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales40.1811131.5133.1721215623.617.3279.0313434.7554.45
Expenses4.037.114.895.393.622.112.182.662.591.964.991.95
Operating Profit36.0110426.5127.6720915421.3214.5676.3913229.7152.45
OPM %89.62%93.51%84.13%83.42%98.24%98.58%90.34%84.06%96.66%98.5%85.5%96.33%
Other Income0.610.510.520.540.570.550.660.730.760.740.720.7
Interest0.010.010.010.010.01
Depreciation0.140.110.110.110.110.10.10.10.050.050.050.05
Profit before tax36.6110427.0228.2120915421.9815.2977.1513230.4353.15
Tax %13.85%11.42%14.06%7.05%14.18%5.36%24.11%24.4%20.04%10.6%22.38%16.31%
Net Profit31.5492.5523.2226.2217914616.6811.5661.6911823.6244.48
EPS in Rs1.504.171.051.188.086.580.750.522.785.331.062.00

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters54.97%54.97%54.97%55.01%54.99%
FII1.01%1.44%2.60%3.15%3.20%
DII5.83%5.79%5.54%5.42%5.39%
Public27.20%26.73%25.81%25.35%25.21%
Others10.99%11.07%11.08%11.07%11.21%
Mar 2026
Promoters
FII
DII
Public
Others