HYBRIDFIN

Hybrid Financial Services Limited

Stock broking and allied financial services firm

Financial Services›Financial Services›Capital Markets›Stockbroking & Allied

hybridfinance.co.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹16.39
Market cap
48 Cr
Stock P/E
30.0
P/B
1.09
Dividend yield
0.0%
ROE (FY25)
9.8%
ROCE (FY25)
9.6%
Operating margin (FY25)
44.5%
Debt / equity (FY25)
0.04

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Hybrid Financial Services (formerly Mafatlal Finance Company) is a Mumbai-based stock broker that earns brokerage and commission, along with depository and financial-product marketing fees, from clients trading in the Indian markets.

Company snapshot

30thBy market cap

Ranked among 31 companies in Stockbroking & Allied.

What we see

Positives
  • ✓Net margin of 68.4% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
2 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales0.25 Cr0.43 Cr0.75 Cr0.26 Cr0.53 Cr0.45 Cr1 Cr0.34 Cr0.35 Cr1 Cr1 Cr1 Cr
Operating expenses (approx.)0.26 Cr0.26 Cr0.31 Cr0.32 Cr0.27 Cr0.37 Cr0.29 Cr0.32 Cr0.32 Cr0.76 Cr2 Cr0.90 Cr
EBITDA-0.01 Cr0.18 Cr0.44 Cr-0.06 Cr0.26 Cr0.09 Cr0.75 Cr0.03 Cr0.03 Cr0.47 Cr-0.57 Cr0.18 Cr
OPM %-5.0%40.8%58.9%-24.8%48.7%18.9%72.0%8.0%9.3%38.1%-49.1%16.3%
Other income0.10 Cr0.13 Cr0.11 Cr0.73 Cr0.11 Cr0.16 Cr0.25 Cr0.08 Cr0.12 Cr0.0025 Cr1 Cr0.44 Cr
Interest0 Cr0.0017 Cr0.02 Cr0.0004 Cr0 Cr0 Cr0.01 Cr0 Cr0.0001 Cr0.0023 Cr0.0086 Cr0.0019 Cr
Depreciation0.0026 Cr0.0026 Cr0.0026 Cr0.0025 Cr0.0026 Cr0.0026 Cr0.0026 Cr0.0026 Cr0.0025 Cr0.03 Cr0.04 Cr0.03 Cr
Profit before tax0.08 Cr0.30 Cr0.46 Cr0.66 Cr0.36 Cr0.05 Cr0.99 Cr0.10 Cr0.15 Cr0.44 Cr0.44 Cr0.58 Cr
Tax %0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net profit0.08 Cr0.30 Cr0.46 Cr0.66 Cr0.36 Cr0.05 Cr0.99 Cr0.10 Cr0.15 Cr0.44 Cr0.44 Cr0.58 Cr
EPS (₹)₹0.03₹0.10₹0.16₹0.22₹0.12₹0.02₹0.34₹0.03₹0.05₹0.15₹0.15₹0.20

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.73 Cr1 Cr0.93 Cr1 Cr1 Cr1 Cr2 Cr2 Cr6 CrSign in free for the trailing twelve months
Operating expenses (approx.)1 Cr1 Cr0.95 Cr0.74 Cr1 Cr1 Cr1 Cr1 Cr4 CrSign in free for the trailing twelve months
EBITDA-0.59 Cr-0.12 Cr-0.02 Cr0.30 Cr0.31 Cr-0.03 Cr0.58 Cr1 Cr2 CrSign in free for the trailing twelve months
OPM %-80.2%-12.2%-2.0%28.8%21.5%-2.7%34.2%45.1%30.1%Sign in free for the trailing twelve months
Other income1 Cr0.53 Cr0.39 Cr0.58 Cr0.72 Cr0.48 Cr0.41 Cr1 Cr1 CrSign in free for the trailing twelve months
Interest0.01 Cr0.03 Cr0.02 Cr0.07 Cr0.02 Cr0.02 Cr0.02 Cr0.01 Cr0.01 CrSign in free for the trailing twelve months
Depreciation0.0031 Cr0.0024 Cr0.0011 Cr0.0008 Cr0.01 Cr0.01 Cr0.01 Cr0.01 Cr0.13 CrSign in free for the trailing twelve months
Profit before tax0.41 Cr0.38 Cr0.34 Cr0.19 Cr1 Cr0.02 Cr0.88 Cr2 Cr3 CrSign in free for the trailing twelve months
Tax %—0.0%0.0%0.0%0.0%0.0%0.0%0.0%-0.1%Sign in free for the trailing twelve months
Net profit0.41 Cr0.38 Cr0.34 Cr0.19 Cr1 Cr0.02 Cr0.88 Cr2 Cr3 CrSign in free for the trailing twelve months
EPS (₹)₹0.13₹0.13₹0.12₹0.06₹0.34₹0.01₹0.30₹0.70₹0.92Sign in free for the trailing twelve months
Dividend payout %———11.2%2.1%93.8%2.4%1.0%0.5%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital17 Cr15 Cr15 Cr15 Cr15 Cr15 Cr15 Cr15 Cr15 Cr
Reserves-9 Cr-13 Cr-13 Cr-13 Cr-12 Cr-11 Cr-10 Cr-4 Cr29 Cr
Borrowings—2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr1 Cr0.70 Cr
Other liabilities5 Cr10 Cr11 Cr10 Cr10 Cr10 Cr10 Cr5 Cr9 Cr
Total liabilities13 Cr14 Cr14 Cr14 Cr15 Cr15 Cr16 Cr18 Cr54 Cr
Fixed assets (net)0.04 Cr0.03 Cr0.03 Cr0.03 Cr0.62 Cr0.0010 Cr0.0010 Cr0.0010 Cr0.27 Cr
CWIP—0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Investments10 Cr10 Cr10 Cr10 Cr10 Cr11 Cr11 Cr11 Cr28 Cr
Trade receivables—0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0.17 Cr
Cash & bank2 Cr0.0001 Cr0.0001 Cr0.0001 Cr0.50 Cr0.0001 Cr0.0001 Cr0.54 Cr4 Cr
Other assets1 Cr4 Cr4 Cr4 Cr4 Cr4 Cr6 Cr6 Cr22 Cr
Total assets13 Cr14 Cr14 Cr14 Cr15 Cr15 Cr16 Cr18 Cr54 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity0.72 Cr0.47 Cr0.20 Cr0.05 Cr0.10 Cr0.52 Cr0.30 Cr0.08 Cr0.74 Cr
Cash from investing0.12 Cr0.15 Cr0.21 Cr0.18 Cr0.21 Cr0.17 Cr0.21 Cr0.56 Cr1 Cr
Cash from financing-0.65 Cr-0.02 Cr-0.04 Cr-0.43 Cr-0.03 Cr-0.02 Cr-0.02 Cr-0.72 Cr-0.72 Cr
Net cash flow0.19 Cr0.60 Cr0.37 Cr-0.20 Cr0.29 Cr0.66 Cr0.48 Cr-0.08 Cr1 Cr
Free cash flow (OCF − Capex)———0.05 Cr0.10 Cr0.52 Cr0.30 Cr0.08 Cr0.67 Cr

Ratios

MetricMar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
ROCE %10.9%3.9%3.4%2.2%7.2%2.9%6.8%9.6%
ROE %8.9%3.8%3.4%1.6%6.7%2.2%6.5%9.8%
Debtor days5150321612151611
Inventory days0—000000
Days payable63799799406021131
Cash conversion cycle-12-29-65-83-28-45-195-20
Debt / equity0.00360.110.130.090.090.090.070.04
Current ratio6.318.516.917.8510.5011.575.1912.66
Net debt / EBITDA——4.572.110.012.181.18-0.38