---
title: "First Leasing Company of India Ltd (FIRSTLEASE) — Share Price, Financials & Analysis"
symbol: "FIRSTLEASE"
company: "First Leasing Company of India Ltd"
canonical: "https://tapetide.com/stocks/FIRSTLEASE"
generated_at: "2026-10-13T10:57:58.841Z"
---

# First Leasing Company of India Ltd (FIRSTLEASE)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** firstleasingindia.com

## About

First Leasing Company of India is engaged in the business of leasing, hire-purchase and consumer-finance transactions.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.02 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.47% over past five years.
- Dividend payout has been low at 10.4% of profits over last 3 years

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 3% | -2% | 1% |
| revenue growth | 13% | 8% | 8% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 |
| --- | --- | --- |
| Sales | 51.96 | 60.6 |
| Expenses | 4.24 | 3.15 |
| Operating Profit | 47.72 | 57.45 |
| OPM % | 91.84 | 94.8 |
| Other Income | 6.82 | 0.15 |
| Interest | 45.42 | 42.41 |
| Depreciation | -0.88 | 0.16 |
| Profit before tax | 10 | 15.03 |
| Tax % | 30.5 | 34 |
| Net Profit | 6.95 | 9.92 |
| EPS in Rs | 3.05 | 4.35 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 114 | 130 | 158 | 183 | 189 | 232 | 211 | 238 |
| Expenses | 19 | 11 | 11 | 13 | 17 | 17 | 12 | 17 |
| Operating Profit | 95 | 118 | 147 | 170 | 172 | 215 | 199 | 221 |
| OPM % | 83 | 91 | 93 | 93 | 91 | 93 | 94 | 93 |
| Other Income | 4 | 1 | 0 | 8 | 2 | 1 | 2 | 9 |
| Interest | 56 | 65 | 80 | 107 | 96 | 110 | 150 | 179 |
| Depreciation | 14 | 16 | 21 | 20 | 25 | 3 | 2 | 1 |
| Profit before tax | 30 | 38 | 47 | 51 | 53 | 103 | 49 | 51 |
| Tax % | 8 | 34 | 34 | 35 | 34 | 31 | 35 | 32 |
| Net Profit | 27 | 25 | 31 | 34 | 35 | 71 | 32 | 35 |
| EPS in Rs | 11.9 | 11.13 | 13.58 | 14.72 | 15.3 | 31.09 | 13.87 | 15.24 |
| Dividend Payout % | 19 | 20 | 17 | 12 | 12 | 6 | 13 | 12 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 170 | 135 | 160 | 189 | 219 | 284 | 311 | 341 |
| Borrowings | 605 | 696 | 833 | 966 | 1055 | 1167 | 1298 | 1400 |
| Other Liabilities | 50 | 114 | 136 | 159 | 161 | 146 | 138 | 141 |
| Total Liabilities | 848 | 968 | 1153 | 1336 | 1458 | 1619 | 1770 | 1906 |
| Fixed Assets | 84 | 71 | 70 | 51 | 26 | 21 | 17 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 0 |
| Investments | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 6 |
| Other Assets | 754 | 888 | 1073 | 1276 | 1423 | 1585 | 1739 | 1895 |
| Total Assets | 848 | 968 | 1153 | 1336 | 1458 | 1619 | 1770 | 1906 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -65 | -98 | -104 | -123 | -103 | -152 | -144 | -213 |
| Cash from Investing Activity | 10 | 11 | -19 | 3 | 7 | 56 | 5 | 33 |
| Cash from Financing Activity | 47 | 84 | 130 | 125 | 80 | 105 | 128 | 202 |
| Net Cash Flow | -8 | -2 | 7 | 5 | -16 | 9 | -11 | 21 |
| Free Cash Flow | -69 | -100 | -124 | -124 | -103 | -154 | -143 | -195 |
| CFO/OP | -65 | -78 | -67 | -69 | -54 | -61 | -67 | -91 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 64 | 62 | 46 | 51 | 31 | 23 | 20 | 31 |
| Cash Conversion Cycle | 64 | 62 | 46 | 51 | 31 | 23 | 20 | 31 |
| Working Capital Days | 2163 | 2301 | 2273 | 2345 | 2594 | 892 | 1089 | 1067 |
| ROCE % | — | 13 | 14 | 14 | 12 | 15 | 13 | 13 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 110 | Buy |
| EMA (10) | 109.6 | Buy |
| SMA (20) | 112.17 | Sell |
| EMA (20) | 111.12 | Sell |
| SMA (50) | 113.65 | Sell |
| EMA (50) | 113.14 | Sell |
| SMA (100) | 115.49 | Sell |
| EMA (100) | 114.79 | Sell |
| SMA (200) | 118.01 | Sell |
| EMA (200) | 114.9 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.3 | Neutral |
| MACD (12,26,9) | -1.68 | Sell |
| Stochastic (14,3,3) | 32.64 | Neutral |
| ADX (14) | 13.61 | Neutral |
| Williams %R (14) | -44.8 | Neutral |
| ATR (14) | 6.74 | High Volatility |
| ROC (12) | -2.17 | Sell |
| Stoch RSI (14) | 84.03 | Sell |
| UO (7,14,28) | 42.16 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/500145/5001450313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/500145/5001450312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/500145/5001450311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_FIRSTLEASE_2010_2011_14092011033838.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/500145/5001450310.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_FIRSTLEASE_2009_2010_30082010120000.zip) |

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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 2026-10-13T10:57:58.841Z.