Indo Thai Securities Ltd Stock Price Today (NSE: INDOTHAI)

Indo Thai Securities Ltd

240.03+3.33 (+1.41%)
Market Closed

Fundamental Score

...

Indo Thai Securities Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Indo Thai Securities Ltd share price today is 240.03, up +1.41% on NSE/BSE as of 17 June 2026. Indo Thai Securities Ltd (INDOTHAI) is a Small-cap company in the Stockbroking & Allied sector with a market capitalisation of 4.94K (Cr). The 52-week high for INDOTHAI share price is 466.35 and the 52-week low is 143.65. At a P/E ratio of 231.08x, INDOTHAI is currently trading above its industry average P/E of 21.41x. The company has a Return on Equity (ROE) of 6.54% and a debt-to-equity ratio of 0.02.

Indo Thai Securities Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
320.00
Low
231.30
Volume
8.2L
Change
-17.10%

Indo Thai Securities Ltd share price chart: -17.10% return over the past month. 52-week high ₹466.35, 52-week low ₹143.65.

Indo Thai Securities Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
225.00232.80223.60228.664.68L (Cr)
234.88234.88219.02226.5713.72L (Cr)
247.00251.95224.15227.1011.06L (Cr)
246.55246.55246.55246.550.00 (Cr)
249.75254.90245.05246.556.68L (Cr)
239.00253.05231.30245.159.18L (Cr)
252.65260.40235.55238.9018.25L (Cr)
269.00269.35250.10252.6519.84L (Cr)
273.90274.80266.40270.0513.38L (Cr)
268.60274.85267.05272.203.51L (Cr)

Indo Thai Securities Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
234.88234.88219.02228.66-2.65%
291.00320.00224.15227.10-21.96%
296.80319.95278.35287.85-3.02%
249.50294.20241.20287.20+15.11%
240.10275.79236.65261.60+8.95%
281.65292.30236.10240.70-14.54%
424.75439.90296.45296.45-30.21%
391.15466.35350.10424.75+8.59%
284.25465.00284.00401.80+41.35%
152.21281.45143.65280.63+84.37%
190.08199.98157.00157.34-17.22%
180.08221.20165.00190.10+5.56%

AI Research Briefing

Powered by Gemini · 2026-04-10

Demerger hopes prop up an overvalued microcap; avoid until NCLT approval and post-split performance are clear.

Research Confidence
6.0/10Moderate
DEMERGER UNLOCK VALUE3M: 173.19%, 6M: 124.03% - Strong upward momentumExpensive - P/E of 231.08x vs Industry P/E of 21.41x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Indo Thai Securities received exchange approvals from BSE and NSE for its demerger scheme. The Broking & Distribution Undertaking will be demerged into Indo Thai Financial Services Limited (ITFSL). ITFSL has increased its authorized share capital from s to s as part of compliance.

CORE STORY (THE REAL GAME)

Indo Thai is playing a demerger unlock value game. The market is betting that separating the broking business will lead to better operational efficiency and tailored capital allocation, leading to higher valuations for each entity.

Why Now
  • Demerger approvals received
  • Strong Q3 results
  • Subsidiary capital hike
Potential Catalysts
  • NCLT approval of demerger
  • Successful listing of ITFSL
  • Strong post-demerger performance of both entities
Key Risks
  • High P/E ratio (231.08x) compared to industry (21.41x)
  • Small-cap liquidity risk
  • Promoter selling (Δ -1.5%)
Institutional Activity

FII increased stake by 0.69%. Promoter reduced stake by 1.5%.

Macro Context

Overall positive outlook for the Indian stockbroking industry due to increasing investor participation.

Cash Flow Quality

Negative Free Cash Flow 5Y: ₹-19.26 Cr

3–6 Month Outlook

Focus on the NCLT approval and the subsequent performance of the demerged entities. Any delays or underperformance will negatively impact the stock.

Primary Thesis Risk

Demerger failure or underperformance of either entity post-separation.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

6.54%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

8.66%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

48.80%

Average operating profit margin over 5 years

Dividend Yield

0.02%

Annual dividend as % of current share price

Indo Thai Securities Ltd Valuation Check

Poor

Price to Earnings (P/E)

231.08x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

21.41x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

59.36%

% shares held by company founders/management

Poor

FII Holding

1.17%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

218.10%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

154.40%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

23.34%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

21.52%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

22.52%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.02x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

20.92x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-19.26 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Indo Thai Securities Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of INDOTHAI across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Operating Margins (48.80%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (218.10%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (154.40%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (23.34% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (21.52% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (22.52% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (20.92x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (59.36%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (6.54%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (8.66%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 231.08x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Negative Free Cash Flow (₹-19.26 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 1.17%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Indo Thai Securities Ltd vs Stockbroking & Allied Peers

Peer Comparison - Stockbroking & Allied

Compare Indo Thai Securities Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
61.8/100
240
₹4935.97
231.1
Average
6.54%
Poor
8.66%
Poor
0.0
Excellent
22.52%
Excellent
23.34%
Excellent
0.02%
49.4/100
852
₹57464.80
28.4
Average
25.25%
Excellent
18.67%
Good
1.2
Average
68.73%
Excellent
28.74%
Excellent
0.52%
34.1/100
1079
₹48255.08
42.9
Average
20.57%
Excellent
14.91%
Average
1.5
Average
39.89%
Excellent
19.36%
Excellent
1.01%
28.2/100
1557
₹27079.70
26.4
Average
30.87%
Excellent
20.40%
Excellent
2.4
Poor
28.56%
Excellent
39.77%
Excellent
1.94%
42.7/100
336
₹25109.97
32.1
Average
27.07%
Excellent
25.80%
Excellent
0.8
Good
66.93%
Excellent
47.61%
Excellent
1.74%
48.9/100
339
₹9721.38
16.6
Average
31.58%
Excellent
33.27%
Excellent
0.6
Good
34.67%
Excellent
27.16%
Excellent
0.96%
41.9/100
136
₹3651.22
13.1
Average
15.92%
Good
20.55%
Excellent
0.2
Excellent
51.38%
Excellent
44.72%
Excellent
0.81%
60/100
330
₹2428.79
15.6
Average
26.17%
Excellent
33.31%
Excellent
0.0
Excellent
130.66%
Excellent
36.14%
Excellent
0.33%
68.7/100
64
₹2204.35
47.1
Average
20.43%
Excellent
25.09%
Excellent
0.1
Excellent
65.40%
Excellent
26.80%
Excellent
0.06%
52.9/100
71
₹2031.43
17.4
Average
16.83%
Good
18.84%
Good
0.1
Excellent
27.45%
Excellent
19.62%
Excellent
2.06%
70.3/100
147
₹1528.67
13.6
Average
49.22%
Excellent
64.78%
Excellent
0.0
Excellent
70.15%
Excellent
39.96%
Excellent
0.46%

Indo Thai Securities Ltd PE Ratio History

Historical price-to-earnings ratio for INDOTHAI — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20250.77₹296.45386.5x
FY 20241.54₹127.5083x
FY 20220.99₹33.2033.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Indo Thai Securities Ltd Dividend History

Annual cash dividends paid by INDOTHAI — dividend yield 0.02%

Financial YearDividends Paid (₹ Cr)
FY 20250.60 Cr
FY 20241.60 Cr
FY 20231.00 Cr
FY 20221.00 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Indo Thai Securities Ltd Quarterly Performance

Latest quarterly metrics for INDOTHAI — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

154.40%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

218.10%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

23.34%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

22.52%

Compounded annual net profit growth over 5 years

Indo Thai Securities Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for INDOTHAI — calculated from daily price history

14RSI 14
Oversold — RSI 14

Selling pressure is heavy — potential reversal zone.

SMA 50
280
▼ Price below SMA 50 — Short-term bearish
SMA 200
289
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
885K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Indo Thai Securities Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Indo Thai Securities Ltd (INDOTHAI) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Indo Thai Securities Ltd

About INDOTHAI (Indo Thai Securities Ltd)

Indo Thai Securities Ltd is a multifaceted financial services firm operating within the Indian market, deeply engaged in facilitating investment and wealth creation. Their primary ...focus resides in the dynamic world of stockbroking, serving as a conduit for both institutional and retail investors to participate in the equity markets. Beyond simply executing trades, Indo Thai Securities provides access to a spectrum of financial instruments including equities, derivatives, and diverse commodities, empowering clients to tailor their investment strategies to specific risk appetites and financial goals. The company further extends its services by acting as a Depository Participant, streamlining the holding and transaction of securities in a dematerialized format, thus ensuring efficiency and security for its clientele. Diversifying its business interests, Indo Thai Securities Ltd also strategically participates in the real estate sector. This facet of their operations encompasses the acquisition, development, and leasing of properties, adding a tangible asset component to their portfolio. They actively engage in land development projects, seeking to create value through strategic property investments. Moreover, their real estate segment provides rental income through managed properties, contributing to a stable revenue stream that complements the fluctuations inherent in the securities market. This diversified approach underscores the company's commitment to long-term growth and resilience in the face of economic cycles. Further expanding its horizon, Indo Thai Securities Ltd demonstrates an interest in environmental technology ventures. This relatively new segment suggests a forward-looking vision, reflecting the company's awareness of the growing importance of sustainable practices and green technologies. While the specifics of their involvement in this area may vary, it indicates a strategic intent to explore opportunities in emerging sectors with high growth potential. By embracing such initiatives, Indo Thai Securities seeks to align its business operations with evolving societal priorities and contribute to a more environmentally conscious economy, positioning itself as a responsible and future-oriented corporate entity.

Company Details

Symbol:INDOTHAI
Industry:Stockbroking & Allied
Sector:Stockbroking & Allied

Key Leadership

Mr. Parasmal Doshi
Executive Chairman & Whole-time Director (Finance)
Mr. Sarthak Doshi
Vice President of Accounts & CEO
Mr. Deepak Sharma
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

INDOTHAI Share Price: Frequently Asked Questions

What is the current share price of Indo Thai Securities Ltd?

Indo Thai Securities Ltd (INDOTHAI) trades at ₹240.03 on NSE and BSE. Market cap ₹4.94K (Cr). Educational data only.

What is the P/E ratio of Indo Thai Securities Ltd?

Indo Thai Securities Ltd has a P/E of 231.08x vs industry average 21.41x.

What is the Bull Run score for Indo Thai Securities Ltd?

Indo Thai Securities Ltd has a Bull Run score of 61.8/100 based on 25+ financial parameters.

Does Indo Thai Securities Ltd pay dividends?

Indo Thai Securities Ltd has a dividend yield of 0.02%. Past dividends don't guarantee future payments.

What is the ROE of Indo Thai Securities Ltd?

Indo Thai Securities Ltd has ROE of 6.54%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Indo Thai Securities Ltd?

Indo Thai Securities Ltd has debt-to-equity of 0.02.

Is Indo Thai Securities Ltd a good investment?

Bull Run gives Indo Thai Securities Ltd a score of 61.8/100. This is not investment advice — consult a SEBI-registered advisor.