Capital Trust Ltd. (India) (CAPTRUST) AI Stock Analysis

• Market Cap: ₹538.35M
• Dividend Yield: N/A
• Average Volume (3M): 15.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: -26.63%
• EPS Growth: -1320.85%
• Country: IN
• Employees: 1,834
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): -0.95
• Shares Outstanding: 46,169,190
• 10 Day Avg. Volume: 25,804
• 30 Day Avg. Volume: 15,226
• PEG Ratio: -1.79
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 1.14
• P/FCF Ratio: -4.81
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: ₹11.00 ▼(-15.12% Downside)
• Action: Reiterated Date: 11/28/25
• Date: Action: Reiterated 11/28/25

Capital Trust Ltd. is facing significant financial and technical challenges. The company's declining revenues, low profitability, and negative cash flows are major concerns. Technical indicators suggest bearish momentum, and valuation metrics are poor with a negative P/E ratio. These factors contribute to a low overall stock score.

Positive Factors

High gross profit margin

A sustained 100% gross profit margin indicates strong direct cost control or high spread on core lending/credit products. This structural margin provides a durable buffer to absorb operating expenses or credit costs, supporting long‑term survivability and room for reinvestment if revenues stabilize.

Manageable leverage profile

A debt-to-equity slightly above 1 suggests the company uses leverage to grow assets but is not at extreme levels. This capital structure can support credit origination and scalability while leaving room for deleveraging or refinancing, making funding structure manageable over the medium term.

Free cash flow aligns with net income

Despite recent negative absolute cash flows, a free cash flow to net income ratio slightly above 1 signals that reported earnings are not wholly detached from cash generation. That alignment supports earnings quality and implies operational fixes could restore positive cash generation without needing a full business model overhaul.

Negative Factors

Sharp revenue decline

Sustained revenue contraction, including a recent 17% drop, reduces scale and weakens competitive position in NBFC markets. Lower top‑line restricts ability to amortize fixed costs, slows portfolio growth, and impairs strategic investment capacity, making recovery slower and more dependent on market conditions.

Negative operating and free cash flows

Persistent negative operating and free cash flows are a durable red flag for a credit services firm: it raises liquidity risk, increases dependence on external funding or asset sales, and constrains loan origination or balance sheet rehabilitation over months unless operational cash conversion is restored.

Low profitability and weak ROE

A ROE of ~1.3% and net margin near 1.45% show limited ability to convert revenue to shareholder returns. Over the medium term this hinders capital accumulation, deters reinvestment, and leaves the company vulnerable to credit shocks or margin pressure versus peers with stronger profitability.

Capital Trust Ltd. (India) Business Overview & Revenue Model

Company Description

Capital Trust Limited, a non-banking finance company, provides capital magic and micro business loans in India. The company serves agriculture, dairy and livestock, food, home improvement loan, manufacturing, retail, services, small commercial vehicle, trading, and two wheeler sectors. It operates in 10 states through 229 branches in Delhi, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Punjab, Rajasthan, Odisha, Bihar, Chhattisgarh, and Jharkhand. The company was incorporated in 1985 and is based in New Delhi, India.

How the Company Makes Money

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Capital Trust Ltd. (India) Financial Statement Overview

Summary

Capital Trust Ltd. faces financial challenges with declining revenues and low net profit margins. The company maintains a high gross profit margin but struggles with cash flow generation and has a leveraged balance sheet.

Income Statement

Capital Trust Ltd. has experienced a decline in revenue over the past few years, with a significant drop of 17% in the most recent year. The gross profit margin remains high at 100%, indicating effective cost management. However, the net profit margin is low at 1.45%, reflecting challenges in converting revenue into profit. The EBIT and EBITDA margins are also modest, suggesting limited operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is slightly above 1, indicating a balanced but leveraged capital structure. Return on equity is low at 1.29%, pointing to limited profitability for shareholders. The equity ratio is not directly provided, but the company's leverage suggests moderate financial stability.

Cash Flow

The cash flow situation is concerning, with negative operating and free cash flows in the latest period. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is significantly negative, indicating cash flow challenges. The free cash flow to net income ratio is slightly above 1, suggesting some alignment between cash flow and accounting profit.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	552.82M	844.46M	583.18M	647.72M	851.94M	943.57M
Gross Profit	110.41M	312.28M	177.37M	230.66M	343.06M	369.71M
EBITDA	-114.80M	49.94M	48.49M	-472.26M	19.77M	-176.07M
Net Income	-260.62M	11.11M	21.46M	-456.41M	-108.20M	-236.25M
Balance Sheet
Total Assets	1.48B	2.04B	1.79B	1.88B	3.54B	4.07B
Cash, Cash Equivalents and Short-Term Investments	110.35M	570.30M	254.68M	212.48M	672.72M	844.33M
Total Debt	801.90M	1.02B	800.85M	959.28M	2.08B	2.57B
Total Liabilities	884.47M	1.18B	1.03B	1.14B	2.34B	2.76B
Stockholders Equity	597.22M	859.28M	767.00M	745.38M	1.20B	1.31B
Cash Flow
Free Cash Flow	113.67M	-200.42M	196.03M	741.05M	155.27M	176.44M
Operating Cash Flow	120.23M	-193.53M	201.28M	742.54M	158.84M	179.32M
Investing Cash Flow	69.80M	-105.76M	-10.12M	420.74M	-1.45M	-2.43M
Financing Cash Flow	-218.62M	294.87M	-150.31M	-1.13B	-494.05M	-135.01M

Capital Trust Ltd. (India) Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.96
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CAPTRUST, the sentiment is Negative. The current price of 12.96 is above the 20-day moving average (MA) of 12.91, below the 50-day MA of 13.77, and below the 200-day MA of 28.40, indicating a bearish trend. The MACD of -0.59 indicates Positive momentum. The RSI at 32.96 is Neutral, neither overbought nor oversold. The STOCH value of 26.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CAPTRUST.

Capital Trust Ltd. (India) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BAIDFIN	64 Neutral	₹1.64B	7.49	―	0.85%	27.19%	73.43%
IITL	54 Neutral	₹2.98B	13.34	―	―	-90.21%	-106.42%
MAHAPEXLTD	54 Neutral	₹1.63B	7.59	―	―	-6.94%	-97.47%
TRU	51 Neutral	₹740.51M	-0.53	―	0.12%	-26.94%	-1105.24%
CAPTRUST	38 Underperform	₹538.35M	-3.45	―	―	-26.63%	-1320.85%