Explicit Finance Ltd
The short version
A shrinking business — priced in line with what it earns.
Everything below is worked out from Explicit Finance's own filed results and the exchange's data, and written so you do not need to know any finance terms. Where a term matters, we say what it means.
01What does it do?
Explicit Finance is a micro-sized company in diversified services.
ncorporated in 1994, Explicit Finance Ltd is in the business of Finance and Investment activities
- Whole company is worth
- ₹6.8 crore
- Run by
- RAJESH S NANDA
- Shareholders
- 2,504 people
- Listed since
- 1995
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have shrunk 13% a year for 5 years.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹0.0 as profit.
Here is where the money from Explicit Finance's sales went in FY26, the latest full year it has reported.
- ₹100Costs of running the businessstaff, rent, marketing, power and everything else
- ₹0.3Wear and tearmachines, stores and buildings losing value over time
On the money its owners have put in
It lost ₹0 for every ₹100 its owners have invested.
Return on equity (ROE) measures the yearly profit made on the money shareholders have put into the business. Negative means the business is eating into that money.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹-4000 actually came in as cash.
Over the last 3 years: ₹0.0 crore of profit but only −₹0.8 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
It is 42% below its highest price of the past year and 21% above its lowest.
The share price over the past year
It is 42% below its highest price of the past year and 21% above its lowest.
05Who owns it?
Its founders and parent group own just 12 of every 100 shares.
If the company were split into 100 equal shares, this is who would hold them. 2,504 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, four things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Sales fell 51% in the latest financial year.
- Sales have been shrinking — 13% a year.
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
- The share price is 42% below its high of the past year.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹0.5 Cr
Profit
₹0.1 Cr
No notable developments in the last few weeks.
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This page describes Explicit Finance using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Explicit Finance Ltd (EXPLICITFIN): company summary
The company's business has deteriorated significantly, with annual revenue falling 28.0% to ₹7 crore and annual net profit remaining at ₹0 crore.
Explicit Finance Ltd (EXPLICITFIN) is a micro-cap Commercial Services company valued at ₹7 crore operating in Diversified Services on the NSE and BSE.
- Recent price move
- Explicit Finance Ltd last traded at ₹8.5, up 4.94% on the day.
- Financial performance
- The company's business has deteriorated significantly, with annual revenue falling 28.0% to ₹7 crore and annual net profit remaining at ₹0 crore. The latest quarter shows revenue collapsing 48.3% to ₹0 crore, while net profit also dropped 40.0% to ₹0 crore, continuing a trend of declining revenue and zero profitability.
- Valuation multiples
- A price-to-earnings ratio is not meaningful here; the stock trades at 0.87 times book value.
- Things to watch
- The company has reported zero net profit for the latest quarter and the entire fiscal year, with a net profit margin of 0.0%. Revenue has declined sharply, with a 28.0% annual drop and a 48.3% quarterly fall. The return on capital employed is negative at -0.1%, indicating poor efficiency in generating returns from capital.
- Where it stands
- Explicit Finance Ltd continues to report zero net profit, with revenue declining across all periods. The most significant movement is the 48.3% drop in the latest quarter revenue to ₹0 crore, highlighting ongoing challenges in generating income. The company remains at a market cap of ₹8 crore, far below its 52-week high of ₹14.56.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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