Sammaan Capital Ltd (SAMMAANCAP) AI Stock Analysis

• Market Cap: ₹124.54B
• Dividend Yield: N/A
• Average Volume (3M): 1.33M
• Price to Earnings (P/E): 9.4
• Beta (1Y): 1.74
• Revenue Growth: -4.78%
• EPS Growth: N/A
• Country: IN
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• Industry: Financial - Mortgages
• EPS (TTM): 3.86
• Shares Outstanding: 831,383,100
• 10 Day Avg. Volume: 765,085
• 30 Day Avg. Volume: 1,330,227
• PEG Ratio: 0.02
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 1.07
• P/FCF Ratio: 0.87
• 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: 52 Neutral
• Price Target: ₹143.00 ▼(-4.09% Downside)

Sammaan Capital Ltd's overall stock score is primarily influenced by its financial performance, which shows significant challenges in revenue and profitability, offset by strong cash flow generation. Technical analysis indicates a bearish trend, while valuation metrics suggest the stock is reasonably priced. The absence of earnings call data and corporate events means these factors do not impact the score.

Positive Factors

Free Cash Flow Strength

A very large free cash flow increase indicates the business can generate substantial cash despite reported losses. Over 2-6 months this cash buffer supports loan originations, servicing, debt servicing or targeted deleveraging and gives management flexibility to stabilize operations.

Stable Equity Funding

A stable equity ratio implies a consistent proportion of assets funded by equity, which provides resilience through credit cycles. This stability supports borrowing capacity and cushions losses, enabling the company to maintain mortgage lending operations during market stress.

Cash Conversion Efficiency

High operating cash flow relative to net income shows the company converts accounting results into real cash effectively. That persistent cash conversion supports ongoing lending, liquidity management and capital allocation decisions even if accounting profits remain volatile.

Negative Factors

High Financial Leverage

A near-2.0 debt-to-equity ratio signals significant leverage, increasing interest burden and refinancing exposure. In a mortgage finance business this amplifies cyclical earnings volatility and reduces financial flexibility, raising long-term credit and liquidity risk.

Severe Revenue Decline & Losses

Very large revenue decline and operating losses indicate structural issues in origination, pricing or cost control. Persistent top-line contraction and negative EBIT undermine sustainable margins, constrain reinvestment and threaten the business model unless revenue drivers are restored.

Negative Return on Equity

Negative ROE shows the company is not generating returns on shareholder capital, eroding long-term shareholder value. Continued negative ROE limits access to new equity, increases cost of capital and hampers growth or recovery initiatives in the mortgage lending franchise.

Sammaan Capital Ltd Business Overview & Revenue Model

Company Description

Sammaan Capital Limited, together with its subsidiaries, operates as a non-banking financial company in India. The company offers home, NRI home, home renovation and extension, and rural home loans, as well as home loan balance transfers services. It also offers working capital loans for micro, small and medium enterprises; loan against property; and corporate mortgage loans; as well as emergency credit line guarantee schemes. The company was formerly known as Indiabulls Housing Finance Limited and changed its name to Sammaan Capital Limited in May 2024. Sammaan Capital Limited is based in Gurugram, India.

How the Company Makes Money

Sammaan Capital Ltd generates revenue through multiple channels, primarily from management fees and performance fees associated with its investment funds. The company charges management fees as a percentage of assets under management (AUM), providing a steady income stream. Additionally, performance fees are earned based on the profits generated by the investments, aligning the company's interests with those of its clients. Key revenue streams also include advisory fees for consulting services in mergers and acquisitions, capital raising, and strategic planning. SAMMAANCAP has established significant partnerships with various institutional investors and venture capital firms, which enhance its deal flow and investment opportunities, further contributing to its earnings.

Sammaan Capital Ltd Financial Statement Overview

Summary

Sammaan Capital Ltd faces challenges with declining revenues and profitability, as reflected in its income statement. The balance sheet shows high leverage, which could be risky in volatile markets. However, the company demonstrates strong cash flow generation, which may provide some buffer against operational difficulties.

Income Statement

Sammaan Capital Ltd has experienced significant revenue decline, with a negative revenue growth rate of -284.79% in the most recent year. The company also reported negative net income and EBIT, indicating operational challenges. Despite a historically strong gross profit margin, recent figures show a reversal, highlighting potential issues in cost management or revenue generation.

Balance Sheet

The company has a high debt-to-equity ratio of 1.96, indicating significant leverage, which poses financial risk. Return on equity is negative, reflecting poor profitability relative to shareholder investment. However, the equity ratio remains stable, suggesting a reasonable proportion of assets funded by equity.

Cash Flow

Sammaan Capital Ltd shows strong cash flow management with a significant increase in free cash flow growth rate of 1673.83%. The operating cash flow to net income ratio is exceptionally high, indicating efficient cash generation relative to net income. However, the sustainability of such cash flow growth is uncertain given the negative income figures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.09B	70.93B	67.38B	84.81B	87.36B	98.27B
Gross Profit	7.14B	32.86B	26.62B	30.84B	27.46B	30.31B
EBITDA	-10.65B	-9.85B	32.12B	70.86B	76.24B	84.54B
Net Income	-18.00B	-18.07B	12.14B	11.30B	11.78B	12.02B
Balance Sheet
Total Assets	0.00	701.81B	730.66B	749.45B	819.73B	932.38B
Cash, Cash Equivalents and Short-Term Investments	0.00	47.34B	44.24B	52.32B	79.86B	171.03B
Total Debt	0.00	427.26B	484.93B	524.03B	613.59B	688.05B
Total Liabilities	-218.22B	483.59B	532.75B	575.84B	652.99B	771.04B
Stockholders Equity	218.22B	218.22B	197.92B	173.61B	166.74B	161.34B
Cash Flow
Free Cash Flow	0.00	87.16B	30.28B	39.52B	6.37B	70.41B
Operating Cash Flow	35.33B	87.72B	30.86B	40.01B	6.57B	70.89B
Investing Cash Flow	-24.92B	-55.78B	10.42B	8.84B	16.49B	31.03B
Financing Cash Flow	-20.57B	-23.73B	-23.83B	-91.42B	-74.44B	-106.32B

Sammaan Capital Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 149.10
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SAMMAANCAP, the sentiment is Positive. The current price of 149.1 is above the 20-day moving average (MA) of 143.35, above the 50-day MA of 145.47, and above the 200-day MA of 140.44, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 58.70 is Neutral, neither overbought nor oversold. The STOCH value of 75.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SAMMAANCAP.

Sammaan Capital Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VRLLOG	73 Outperform	₹49.47B	21.10	―	2.79%	4.74%	176.63%
TCI	70 Outperform	₹83.70B	19.43	―	0.94%	9.97%	16.28%
SCI	70 Outperform	₹105.25B	12.84	―	4.43%	-7.39%	-21.53%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SAMMAANCAP	52 Neutral	₹124.54B	9.36	―	―	-4.78%	―
TVSSCS	47 Neutral	₹45.24B	79.92	―	―	5.13%	90.30%

Sammaan Capital Ltd Corporate Events

Sammaan Capital Confirms Timely Interest Payment on Listed NCDs

Sammaan Capital Limited has notified the stock exchanges that it has made timely payment of interest on its secured redeemable non-convertible debentures issued through public issue and listed on the exchanges. The company confirmed that the full interest amounts due on the specified ISINs were paid as scheduled, with no delays or defaults, underscoring its adherence to SEBI’s disclosure requirements and signaling ongoing strength in meeting its debt servicing obligations to debenture holders.

Sammaan Capital Confirms Timely Interest Payment on Listed Debentures

Sammaan Capital Limited has reported that it has made timely payment of interest on its secured redeemable non-convertible debentures issued via public offering and listed on Indian stock exchanges, in compliance with Regulation 57 of SEBI’s Listing Obligations and Disclosure Requirements. The company confirmed that the full interest amounts due on January 28, 2026 for two ISINs were paid on January 27, 2026 with no delay or default, signaling continued adherence to its debt servicing commitments and offering reassurance to debenture holders and other stakeholders regarding its financial discipline.

Sammaan Capital Confirms Timely Interest Payment on Listed Debentures

Sammaan Capital Limited has notified the stock exchanges that it has made timely payment of interest on its secured, redeemable non-convertible debentures issued through public issue and listed on Indian exchanges. The company confirmed full settlement of the due interest amounts across multiple ISINs, with no delays or defaults, underscoring its adherence to SEBI’s disclosure requirements and signaling continued reliability in servicing its debt obligations for debenture holders and other stakeholders.

Sammaan Capital Confirms Timely Interest Payment on Listed NCDs

Sammaan Capital Limited has certified that it has made timely payment of the full interest amounts due on multiple series of its secured redeemable non-convertible debentures issued through public offerings and listed on Indian stock exchanges. By confirming there were no delays or defaults in the scheduled January 2026 interest payments, the company underscores its ongoing debt-servicing discipline, which is significant for maintaining investor confidence and supporting its standing in the domestic debt capital markets.

Sammaan Capital Confirms Timely Interest Payments on Listed NCDs

Sammaan Capital Limited has certified that it has made timely payment of interest on several series of its secured redeemable non-convertible debentures issued through public offerings and listed on Indian stock exchanges. The company confirmed full settlement of the due interest amounts on multiple NCD tranches as of January 23, 2026, with no delays or defaults reported, underscoring its adherence to SEBI’s listing and disclosure norms and signaling continued reliability toward its debenture investors and broader fixed-income stakeholders.

Sammaan Capital Confirms Timely Interest Payments on Listed NCDs

Sammaan Capital Limited has certified that it has made timely payment of interest on its secured redeemable non-convertible debentures issued via public issue and listed on Indian stock exchanges. The company confirmed full, on-schedule interest servicing across multiple ISINs with no delays or defaults, underscoring its adherence to SEBI’s listing and disclosure regulations and supporting investor confidence in its debt servicing capacity.

Sammaan Capital Confirms Timely Interest Payment on Listed Debentures

Sammaan Capital Limited has certified that it has made timely payment of interest on its secured and unsecured redeemable non-convertible debentures issued through public issue and listed on Indian stock exchanges, in compliance with Regulation 57 of SEBI’s Listing Obligations and Disclosure Requirements. By confirming full and punctual interest servicing on these NCDs, the company underscores its adherence to regulatory norms and supports investor confidence in its debt instruments, with no delays or defaults reported for the period in question.

Sammaan Capital Confirms Timely Interest Payment on Listed NCDs

Sammaan Capital Limited has notified the stock exchanges that it has made timely payment of the entire interest due on a series of secured, redeemable, non-convertible debentures issued via public issue and listed on the exchanges. The interest obligations, which fall under the disclosure requirements of SEBI’s Listing Regulations and related master circulars, were all paid in full on 22 January 2026 with no delays or defaults and no changes in payment frequency, underscoring the company’s current debt-servicing discipline and potentially reinforcing confidence among its debenture holders and broader fixed-income investors.

Sammaan Capital Publishes Corrigendum in Ongoing 26% Open Offer Process

Sammaan Capital Limited has disclosed that it has received an addendum-cum-corrigendum to the previously issued Draft Letter of Offer and Detailed Public Statement related to an ongoing open offer to its public shareholders. The open offer, managed by Citigroup Global Markets India Private Limited on behalf of Avenir Investment RSC Ltd and IHC Capital Holding LLC as person acting in concert, concerns the proposed acquisition of up to 341.75 million equity shares, representing 26% of Sammaan Capital’s expanded voting share capital, and the updated corrigendum has been published in key national newspapers as part of the regulatory process under SEBI’s takeover regulations.

Sammaan Capital Confirms Timely Interest Payments on Listed NCDs

Sammaan Capital Limited has certified that it has made timely payment of interest on multiple series of secured redeemable non-convertible debentures issued via public issue and listed on Indian stock exchanges, in compliance with Regulation 57 of SEBI’s Listing Obligations and Disclosure Requirements. The confirmation that all scheduled interest dues were fully paid, with no delays or defaults cited, underscores the company’s adherence to regulatory norms and supports its credit profile and reputation among debenture holders and wider debt market participants.

Sammaan Capital Confirms Timely Interest Payment on Private Placement NCDs

Sammaan Capital Limited has confirmed that it has made a timely payment of the entire interest due on its secured redeemable non-convertible debentures issued on a private placement basis. The company’s certification under Regulation 57 of SEBI’s Listing Obligations and Disclosure Requirements indicates that there was no delay or default in servicing this debt, underscoring Sammaan Capital’s adherence to regulatory norms and its ongoing commitment to maintaining credit discipline for its debenture holders.

Sammaan Capital Confirms Timely Interest Payments on Listed NCDs

Sammaan Capital Limited has notified the stock exchanges that it has made timely payment of interest on its secured redeemable non-convertible debentures issued through a public offering and listed on Indian stock exchanges. The company confirmed full settlement of the interest amounts due on various series of NCDs as of early January 2026, with no delays or defaults and no redemption falling due in this period, underscoring its adherence to regulatory disclosure norms and reinforcing its debt-servicing track record for investors and other stakeholders.

Sammaan Capital Closes Trading Window Ahead of December Quarter Results

Sammaan Capital Limited has notified the stock exchanges that its trading window for dealing in the company’s securities will be closed from January 1, 2026 until 48 hours after the announcement of its unaudited standalone and consolidated financial results for the quarter and nine-month period ended December 31, 2025. The company stated that this step is in line with SEBI’s Prohibition of Insider Trading Regulations, underscoring its compliance framework and temporarily restricting trading by insiders ahead of the forthcoming financial disclosure, with the exact date of the board meeting to approve these results to be communicated later.

Sammaan Capital Allots 300,617 Shares Under 2013 ESOP, Lifts Paid-Up Capital to ₹165.94 Crore

Sammaan Capital Limited has allotted 300,617 fully paid-up equity shares of face value ₹2 each to eligible employees following the exercise of stock options granted under its 2013 employee stock option scheme. This ESOP-related issuance, approved by the company’s Nomination and Remuneration Committee, increases Sammaan Capital’s paid-up equity share capital to approximately ₹165.94 crore, spread over more than 82.86 million fully paid-up shares and 3.01 million partly paid-up shares, marginally diluting existing shareholdings while reinforcing employee ownership and alignment with long-term corporate performance.

CCI Approves Avenir’s Acquisition of Sammaan Capital Stake

Sammaan Capital Limited announced that the Competition Commission of India has approved the proposed acquisition of a controlling stake in the company by Avenir Investment RSC Ltd, a subsidiary of International Holding Company PJSC. The transaction is pending further regulatory approvals from the Securities and Exchange Board of India and the Reserve Bank of India. The acquisition is expected to enhance Sammaan Capital’s market positioning and operational capabilities, benefiting stakeholders by potentially expanding its financial services offerings.

Sammaan Capital Allots INR 300 Crore in Non-Convertible Debentures

Sammaan Capital Limited has announced the allotment of 30,000 secured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis, amounting to a total of INR 300 crore. This issuance, divided into Series I and Series II, is aimed at strengthening the company’s financial position and enhancing its market offerings, with the debentures set to mature in December 2030. The move is expected to bolster Sammaan Capital’s financial stability and provide additional resources for its operations, potentially impacting its market positioning and stakeholder interests positively.

Sammaan Capital Ensures Timely Interest Payments on Debentures

Sammaan Capital Limited has announced the timely payment of interest on its secured redeemable non-convertible debentures, which were issued through a public issue and are listed on the stock exchange. This announcement underscores the company’s commitment to maintaining its financial obligations, potentially strengthening its position in the financial market and reassuring stakeholders of its operational stability.

Sammaan Capital Ensures Timely Interest Payments on Debentures

Sammaan Capital Limited has announced the timely payment of interest on its Secured and Unsecured Redeemable Non-Convertible Debentures, which were issued through a public offering and are listed on the stock exchange. This announcement underscores the company’s commitment to fulfilling its financial obligations, which may enhance its reputation and reliability in the market, potentially benefiting stakeholders and reinforcing its position in the financial services industry.

Sammaan Capital Ensures Timely Interest Payments on Debentures

Sammaan Capital Limited has announced that it has successfully made timely interest payments on its Secured Redeemable Non-Convertible Debentures, which were issued through a public offering and are listed on the stock exchange. This announcement underscores the company’s commitment to fulfilling its financial obligations, which may bolster its reputation and trust among investors and stakeholders in the financial market.

Sammaan Capital Ensures Timely Interest Payment on Debentures

Sammaan Capital Limited has announced the timely payment of interest on its Secured Redeemable Non-convertible Debentures, which were issued through a public issue and are listed on the stock exchange. This certification of payment compliance underscores the company’s commitment to fulfilling its financial obligations, potentially enhancing its reputation and reliability in the financial markets.

Sammaan Capital Ensures Timely Interest Payment on Debentures

Sammaan Capital Limited has announced the timely payment of interest on its secured redeemable non-convertible debentures, as per the Securities and Exchange Board of India’s regulations. This demonstrates the company’s commitment to fulfilling its financial obligations, potentially strengthening its reputation among investors and stakeholders.

Sammaan Capital Ensures Timely Payments on Debentures

Sammaan Capital Limited announced that it has successfully made timely payments of scheduled principal and interest amounts on its secured redeemable non-convertible debentures. This move underscores the company’s commitment to maintaining financial discipline and fulfilling its obligations to investors, potentially enhancing its reputation and stability in the financial market.