Whalesbook
Ayushi Doshi, a member of the promoter group for Shalibhadra Finance, has increased her ownership in the company by acquiring 70,000 shares through open market transactions on March 24, 2026.
This latest purchase brings her total holding to 6,75,600 shares, representing 2.19% of Shalibhadra Finance's total voting capital. Previously, her stake stood at 6,05,600 shares, or 1.96%.
Ayushi Doshi has been steadily increasing her stake recently. Prior acquisitions include 46,500 shares on March 23, 2026, and 9,100 shares on March 20, 2026.
An increase in stake by a promoter group member is often seen as a strong signal of confidence in the company's future prospects and underlying business value. This move suggests Ayushi Doshi believes in Shalibhadra Finance's potential for growth.
Established in 1992, Shalibhadra Finance is a Non-Banking Financial Company (NBFC) operating primarily in Gujarat, Maharashtra, and Madhya Pradesh. Its core business involves providing retail asset finance, including loans for two-wheelers, auto-rickshaws, cars, and consumer durables.
For the third quarter of FY2026, Shalibhadra Finance reported revenue growth of 13.3% year-on-year to ₹11.16 crore and a net profit increase of 6.79% to ₹5.03 crore. The company's loan book expanded by 31% year-on-year to ₹180 crore by the end of FY25. On March 23, 2026, the company's board also approved the issuance of Non-Convertible Debentures (NCDs) worth ₹19.50 crore to strengthen its capital base.
This transaction results in a minor but notable adjustment in the promoter group's share allocation, with Ayushi Doshi further solidifying her position as a significant shareholder.
As an NBFC, Shalibhadra Finance operates in a sector exposed to risks such as loan defaults, challenges in managing cash flow, and intense market competition.
Shalibhadra Finance competes in the diversified financial services sector with entities like Bajaj Finance Ltd., Shriram Transport Finance Co. Ltd., and Cholamandalam Investment and Finance Company Ltd. Its Price-to-Earnings (P/E) ratio is 27.78, and its Price-to-Book (P/B) ratio is 1.75. The company's debt-to-equity ratio stands at 24.53%, with a Return on Equity (ROE) of 12.95%.
Shalibhadra Finance's total equity share capital comprises 30,88,84,000 shares.
Investors will likely monitor future stake movements by Ayushi Doshi or other promoter group members, the company's upcoming financial performance, the successful deployment of capital from the recent NCD issuance, and any updates from the investor meeting with RAAS Capital scheduled for March 27, 2026.