About
Indo Thai Securities Limited engages in the stock and share broking, depository participants, and other related ancillary businesses in India. The company operates through Brokering, Commission & Related Activities; Real Estate Business; and Environmental Technology segments. It is involved in the trading of equities and derivatives, commodities derivatives, and currency derivatives; purchase and sale of properties; development of land; real estate rental business; and provision of mutual fund, depository, initial public offering, algorithmic trading, and wealth management services, as well as bonds and fixed deposits. The company also provides life insurance products; and trading platform and mobile/desktop applications under the Winstock brand, as well as engages in the development of environmental technologies, and investment and trading of shares. It serves corporate clients, high net worth individuals, mega traders, and retail investors. The company was incorporated in 1995 and is based in Indore, India.
Key Metrics
as of Sep 2026Market Cap474 Cr
P/E6.90
Div Yield0.56 %
Book Value₹51.80
52w High₹470.00
52w Low₹35.80
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21.00 | 38.00 | 28.00 | 24.00 | 14.00 | 6.00 | 6.00 | 10.00 | 9.00 | 6.00 | 9.00 | 9.00 | 7.00 |
| Expenses | 5.00 | 5.00 | 4.00 | 3.00 | 4.00 | 7.00 | 4.00 | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 | 2.00 |
| Operating Profit | 16.00 | 33.00 | 24.00 | 20.00 | 10.00 | -1.00 | 2.00 | 6.00 | 6.00 | 4.00 | 7.00 | 6.00 | 5.00 |
| OPM % | 77.00 | 87.00 | 86.00 | 85.00 | 74.00 | -23.00 | 36.00 | 65.00 | 67.00 | 69.00 | 72.00 | 72.00 | 69.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 15.00 | 32.00 | 23.00 | 20.00 | 10.00 | -2.00 | 2.00 | 6.00 | 6.00 | 4.00 | 7.00 | 6.00 | 5.00 |
| Tax % | 26.00 | 17.00 | 25.00 | 26.00 | 17.00 | 21.00 | 19.00 | 19.00 | 16.00 | 28.00 | 15.00 | 22.00 | 25.00 |
| Net Profit | 11.00 | 27.00 | 17.00 | 15.00 | 8.00 | -2.00 | 1.00 | 5.00 | 5.00 | 3.00 | 6.00 | 5.00 | 3.00 |
| EPS in Rs | 0.86 | 4.86 | 1.36 | 1.20 | 0.70 | -0.17 | 0.13 | 0.49 | 0.48 | 0.29 | 0.56 | 0.47 | 0.34 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 103.00 | 27.00 | 31.00 | 8.00 | 20.00 | 22.00 | 9.00 | 7.00 | 58.00 | 45.00 | 49.00 | 36.00 |
| Expenses | 16.00 | 14.00 | 9.00 | 15.00 | 7.00 | 5.00 | 21.00 | 7.00 | 45.00 | 46.00 | 42.00 | 33.00 |
| Operating Profit | 87.00 | 13.00 | 22.00 | -7.00 | 13.00 | 17.00 | -12.00 | 0.00 | 13.00 | -1.00 | 7.00 | 3.00 |
| OPM % | 85.00 | 49.00 | 71.00 | -89.00 | 66.00 | 77.00 | -126.00 | 1.40 | 23.00 | -1.50 | 15.00 | 9.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 5.00 | 0.00 | 0.00 |
| Interest | 2.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Profit before tax | 85.00 | 12.00 | 21.00 | -7.00 | 12.00 | 14.00 | -14.00 | -1.00 | 12.00 | 3.00 | 7.00 | 3.00 |
| Tax % | 21.00 | 23.00 | 22.00 | -20.00 | 13.00 | 27.00 | -20.00 | -30.00 | 23.00 | -3.00 | 0.00 | 12.00 |
| Net Profit | 67.00 | 9.00 | 17.00 | -6.00 | 10.00 | 10.00 | -11.00 | -1.00 | 9.00 | 3.00 | 7.00 | 2.00 |
| EPS in Rs | 12.21 | 0.78 | 1.66 | -0.58 | 1.04 | 1.03 | -1.09 | -0.10 | 0.89 | 0.30 | 0.65 | 0.24 |
| Dividend Payout % | 0.00 | 0.00 | 10.00 | -10.00 | 0.00 | 10.00 | 0.00 | -96.00 | 11.00 | 33.00 | 15.00 | 41.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.00 | 12.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 270.00 | 167.00 | 62.00 | 47.00 | 53.00 | 44.00 | 34.00 | 46.00 | 44.00 | 35.00 | 33.00 | 28.00 |
| Borrowings | 22.00 | 1.00 | 3.00 | 4.00 | 2.00 | 0.00 | 7.00 | 8.00 | 5.00 | 0.00 | 0.00 | 4.00 |
| Other Liabilities | 63.00 | 42.00 | 39.00 | 42.00 | 42.00 | 23.00 | 18.00 | 18.00 | 15.00 | 10.00 | 4.00 | 9.00 |
| Total Liabilities | 367.00 | 221.00 | 114.00 | 102.00 | 108.00 | 77.00 | 69.00 | 81.00 | 74.00 | 55.00 | 47.00 | 51.00 |
| Fixed Assets | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 6.00 | 3.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 |
| Investments | 185.00 | 68.00 | 39.00 | 30.00 | 44.00 | 23.00 | 11.00 | 23.00 | 16.00 | 14.00 | 12.00 | 16.00 |
| Other Assets | 179.00 | 151.00 | 72.00 | 71.00 | 62.00 | 52.00 | 55.00 | 55.00 | 55.00 | 37.00 | 29.00 | 30.00 |
| Total Assets | 367.00 | 221.00 | 114.00 | 102.00 | 108.00 | 77.00 | 69.00 | 81.00 | 74.00 | 55.00 | 47.00 | 51.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -33.00 | -22.00 | -1.00 | 4.00 | 6.00 | 6.00 | 13.00 | 4.00 | 1.00 | 2.00 | -7.00 | -5.00 |
| Cash from Investing Activity | -22.00 | -75.00 | 5.00 | -4.00 | -10.00 | 3.00 | -12.00 | 0.00 | 1.00 | 2.00 | 13.00 | 1.00 |
| Cash from Financing Activity | 56.00 | 95.00 | -3.00 | 0.00 | -1.00 | -8.00 | -2.00 | -1.00 | 3.00 | -1.00 | -6.00 | 1.00 |
| Net Cash Flow | 1.00 | -2.00 | 1.00 | 0.00 | -5.00 | 1.00 | -2.00 | 3.00 | 6.00 | 3.00 | 0.00 | -3.00 |
| Free Cash Flow | -34.00 | -22.00 | -1.00 | 3.00 | 6.00 | 6.00 | 13.00 | 4.00 | 1.00 | 8.00 | -9.00 | -6.00 |
| CFO/OP % | -24.00 | -143.00 | 6.00 | -70.00 | 58.00 | 37.00 | -111.00 | 4,130.00 | 28.00 | -267.00 | -98.00 | -141.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24.00 | 251.00 | 91.00 | 136.00 | 49.00 | 59.00 | 423.00 | 1,128.00 | 139.00 | 100.00 | 81.00 | 101.00 |
| Inventory Days | — | — | — | — | — | — | — | — | — | — | 17.00 | 50.00 |
| Days Payable | — | — | — | — | — | — | — | — | — | — | 16.00 | 66.00 |
| Cash Conversion Cycle | 24.00 | 251.00 | 91.00 | 136.00 | 49.00 | 59.00 | 423.00 | 1,128.00 | 139.00 | 100.00 | 83.00 | 85.00 |
| Working Capital Days | -35.00 | -132.00 | -291.00 | -1,385.00 | -603.00 | -41.00 | -95.00 | 33.00 | 92.00 | 102.00 | 93.00 | 42.00 |
| ROCE % | 36.00 | 10.00 | 33.00 | -11.00 | 21.00 | 33.00 | -21.00 | -1.00 | 24.00 | -3.00 | 16.00 | 8.00 |
Corporate Actions
15 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 08 Aug 2025 | 08 Aug 2025 | — | 0.10 | |
| Split | 18 Jul 2025 | 18 Jul 2025 | 10:1 | — | |
| Dividend | 20 Sep 2024 | — | — | 0.60 | |
| Dividend | 13 Feb 2024 | 13 Feb 2024 | — | 1.00 | |
| Dividend | 15 Sep 2023 | — | — | 0.60 | |
| Dividend | 22 Sep 2022 | — | — | 1.00 | |
| Dividend | 21 Sep 2021 | — | — | 1.00 | |
| Dividend | 19 Sep 2019 | — | — | 1.00 | |
| Dividend | 19 Sep 2018 | — | — | 1.00 | |
| Dividend | 31 Aug 2017 | — | — | 1.00 | |
| Dividend | 15 Sep 2016 | — | — | 1.00 | |
| Dividend | 18 Sep 2015 | — | — | 1.00 | |
| Other | 11 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2012 | — | — | — | Annual General Meeting |