---
title: "Clarity Financial Services Ltd (531187) — Share Price, Financials & Analysis"
symbol: "531187"
company: "Clarity Financial Services Ltd"
canonical: "https://tapetide.com/stocks/531187"
isin: "INE508C01010"
bse_code: "531187"
generated_at: "2026-10-13T11:00:19.249Z"
---

# Clarity Financial Services Ltd (531187)

Canonical page: https://tapetide.com/stocks/531187

## Company

- **BSE Code:** 531187
- **ISIN:** INE508C01010
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has high debtors of 258 days.
- Company's cost of borrowing seems high

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 662 | 622 | 662 | 604 | 610 | 639 | 652 | 619 | 610 | 612 | 625 | 623 |
| Expenses | 610 | 582 | 617 | 546 | 569 | 607 | 634 | 593 | 571 | 570 | 569 | 568 |
| Operating Profit | 51 | 40 | 46 | 58 | 41 | 32 | 18 | 26 | 39 | 43 | 55 | 54 |
| OPM % | 8 | 6 | 7 | 10 | 7 | 5 | 3 | 4 | 6 | 7 | 9 | 9 |
| Other Income | 6 | 0 | 3 | 376 | 8 | 36 | 15 | 6 | 12 | 7 | 9 | 8 |
| Interest | 7 | 10 | 8 | 6 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 8 |
| Depreciation | 16 | 12 | 11 | 11 | 10 | 12 | 12 | 14 | 13 | 13 | 13 | 14 |
| Profit before tax | 35 | 18 | 30 | 416 | 35 | 51 | 16 | 15 | 35 | 33 | 49 | 41 |
| Tax % | -1 | 22 | -6 | 21 | 26 | 24 | 26 | 23 | 25 | 25 | 25 | 26 |
| Net Profit | 35 | 14 | 32 | 327 | 26 | 39 | 12 | 12 | 26 | 25 | 37 | 30 |
| EPS in Rs | 4.7 | 1.91 | 4.27 | 43.35 | 3.45 | 5.1 | 1.55 | 1.55 | 3.46 | 3.3 | 4.87 | 4.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 |
| --- | --- |
| Sales | 0.75 |
| Expenses | 0.68 |
| Operating Profit | 0.07 |
| OPM % | 9.33 |
| Other Income | 0 |
| Interest | 0.03 |
| Depreciation | 0.02 |
| Profit before tax | 0.02 |
| Tax % | 50 |
| Net Profit | 0.01 |
| Dividend Payout % | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 |
| --- | --- |
| Equity Capital | 3.1 |
| Reserves | 0.1 |
| Borrowings | 0.12 |
| Other Liabilities | 0.54 |
| Total Liabilities | 3.86 |
| Fixed Assets | 0.15 |
| CWIP | 0 |
| Investments | 0.54 |
| Other Assets | 3.17 |
| Total Assets | 3.86 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 166 | 96 | 101 | 285 | 169 | -28 | 133 | 274 | 142 | — |
| Cash from Investing Activity | 0 | 5 | -29 | -88 | -73 | -56 | -90 | 40 | -77 | — |
| Cash from Financing Activity | -150 | -87 | -68 | -200 | -74 | 49 | -32 | -211 | -161 | — |
| Net Cash Flow | 16 | 13 | 3 | -3 | 22 | -35 | 11 | 102 | -96 | — |

### Ratios

| Item | Mar 2006 |
| --- | --- |
| Debtor Days | 257.93 |
| Cash Conversion Cycle | 257.93 |
| Working Capital Days | 1002.53 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 68.77% | 66.21% | 66.94% | 66.94% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% |
| FIIs | 1.01% | 5.66% | 5.62% | 5.43% | 4.2% | 4.23% | 1.12% | 1.21% | 1.16% | 1.12% |
| DIIs | 6.31% | 1.02% | 1% | 1.23% | 1.58% | 0.43% | 0.5% | 1.3% | 1.08% | 1.12% |
| Public | 23.91% | 27.11% | 26.44% | 26.4% | 26.48% | 27.6% | 30.64% | 29.76% | 30.02% | 30.03% |
| No. of Shareholders | 15343 | 16224 | 17022 | 17897 | 27508 | 33927 | 30256 | 31026 | 35256 | 35356 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% | 67.73% |
| FIIs | 1.12% | 1.52% | 1.43% | 0.89% | 1.21% | 1.39% | 1.4% | 1.19% | 1.16% | 1.1% | 0.9% | 1.12% |
| DIIs | 0.5% | 1.53% | 1.25% | 1.32% | 1.3% | 1.04% | 1.4% | 1.28% | 1.08% | 0.63% | 0.39% | 1.12% |
| Public | 30.64% | 29.22% | 29.58% | 30.06% | 29.76% | 29.83% | 29.48% | 29.8% | 30.02% | 30.53% | 30.98% | 30.03% |
| No. of Shareholders | 30256 | 27614 | 26830 | 26544 | 31026 | 33302 | 34825 | 35588 | 35256 | 35913 | 35726 | 35356 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.34 | Sell |
| EMA (10) | 1.33 | Sell |
| SMA (20) | 1.4 | Sell |
| EMA (20) | 1.37 | Sell |
| SMA (50) | 1.44 | Sell |
| EMA (50) | 1.46 | Sell |
| SMA (100) | 1.65 | Sell |
| EMA (100) | 1.62 | Sell |
| SMA (200) | 1.77 | Sell |
| EMA (200) | 2.25 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.34 | Neutral |
| MACD (12,26,9) | -0.04 | Sell |
| Stochastic (14,3,3) | 13.54 | Buy |
| ADX (14) | 15.2 | Neutral |
| Williams %R (14) | -81.25 | Buy |
| ATR (14) | 0.09 | High Volatility |
| ROC (12) | -13.01 | Sell |
| Stoch RSI (14) | 3.46 | Buy |
| UO (7,14,28) | 42.67 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fbd5f6ee-a914-4bae-a21c-701dae275022.pdf) |
| 2026-02-27 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e260145e-b737-4b3b-b6bd-94768bce532d.pdf) |
| 2026-02-27 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad8ea785-5687-4966-ab2d-71fb877cb523.pdf) |
| 2026-02-23 | [Disclosure Under Regulation 30 Of SEBI Listing Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a62de3a-b0dc-438e-88ef-28dedbe4d1e0.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f277ccc7-eb9f-470b-bccc-74a9028255a3.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0dbdca8e-9f03-478a-b286-27f00ec555e6.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1d64b21-a2bb-4622-8c6d-590171365246.pdf) |
| 2026-02-12 | [Annual Disclosure With Respect To Non-Applicability Of "Large Corporate Framework" Pursuant To SEBI Circular No. SEBI/HO/DDHS/CIR/P/2021/613 Dated August 10, 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4e3b210-b13b-44a7-961b-6a961e017472.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79738e30-17d5-4f46-af59-9ac754b7ca13.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/babfde5d-d6b0-4225-9236-fdd3d0dd2267.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d01aba5b-bd60-42ea-bf61-b0d8dd52d753.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/87cf98e3-de78-4a60-8757-6a12678c976f.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/509820/72968509820.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/509820/68530509820.pdf) |
| Dec 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/509820/5098201219.pdf) |
| Dec 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/509820/5098201218.pdf) |
| Dec 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/509820/5098201217.pdf) |
| Dec 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/509820/5098201216.pdf) |
| Dec 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/509820/5098201215.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f277ccc7-eb9f-470b-bccc-74a9028255a3.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9de838cf-4ddc-4382-8d0f-3ba10d72b359.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ae9fb9c-814a-42f0-a5ee-d25bd3640d34.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b65d5be7-dd91-4d6e-bdbc-2e0f9bc44488.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ab005b3-07b9-435e-82c2-a86721127a57.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99179d5d-92dd-4412-a4ed-7fb5d663bcb5.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84cd6dcc-3378-4c86-87fd-0bf7222bb4bc.pdf) |
| Jul 2024 | Concall - Jul 2024 |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f339096-a2e4-46c4-a0c1-6fbcb444f5b5.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a49f7f4-5f72-4641-b6cd-9b655ab0bcbe.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-05-14 | Credit rating update — CRISIL |
| 2024-09-04 | Credit rating update — CRISIL |
| 2024-01-31 | Credit rating update — CRISIL |
| 2023-02-01 | Credit rating update — CRISIL |
| 2022-03-24 | Credit rating update — CRISIL |
| 2021-04-29 | Credit rating update — CRISIL |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:19.249Z.