- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0004774

About Indo Thai Securities Limited
Data last updated:
Indo Thai Securities Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L66120MP1995PLC008959. Its GSTIN is 23AAACI4380E1ZZ (Madhya Pradesh). Its shares are listed on BSE: 533676 and NSE: INDOTHAI.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.28 Cr. It is led by directors including Dhanpal Doshi (Managing Director) and Parasmal Doshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Capital Tower 2nd Floor Plot Nos. 169A – 171 Pu – 4 Scheme No. – 54, Indore, Madhya Pradesh, India – 452010.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹103.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹66.36 Cr (net margin 63.9%) and EBITDA of ₹86.11 Cr (EBITDA margin 82.9%). The net worth stands at ₹283.86 Cr (up 58.3% YoY). Total assets are valued at ₹311.49 Cr (up 68.5% YoY).
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indo Thai. As per MCA filings, the company has open charges of ₹161 Cr and satisfied charges of ₹54.91 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 2 cases are pending. The company has 44 deals on record (43 market trades, 1 ipo); the latest was in July 2026.
Indo Thai Securities Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0004774). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indothai.co.in.
Company details
CIN history
Indo Thai Securities has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L66120MP1995PLC008959, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L66120MP1995PLC008959 | Current |
| L67120MP1995PLC008959 | Previous |
| U67120MP1995PLC008959 | Previous |
Recognitions & Rankings of Indo Thai Securities
Contact details
Indo Thai Securities Limited's registered office is in Indore, Madhya Pradesh.
- Social Media
- Registered AddressCapital Tower 2nd Floor Plot Nos. 169A – 171 Pu – 4 Scheme No. – 54, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, Brokerage & Trading Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Indo Thai Securities operates one associated brand: Indo Thai. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of financial broker services | indothai.co.in |
Business activity
The main business activity of Indo Thai Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Indo Thai Securities Limited, buy the company report.
Financials of Indo Thai Securities Limited
FY 2025-26 filings availableIndo Thai Securities Limited reported revenue of ₹103.89 Cr (up 288.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 104 | 26.75 | 31.43 | 7.59 | 19.77 | 21.90 | 9.37 |
| Revenue growth | +288.4% | -14.9% | +314.1% | -61.6% | -9.7% | +133.7% | - |
| EBITDA | 86.11 | 11.71 | 20.35 | (8.68) | 12.28 | 16.78 | (11.99) |
| EBITDA margin | +82.9% | +43.8% | +64.8% | -114.4% | +62.1% | +76.6% | -128.0% |
| Profit before tax | 83.22 | 10.37 | 19.71 | (8.91) | 11.16 | 16.18 | (13.61) |
| Net profit | 66.36 | 8.26 | 15.97 | (6.50) | 9.93 | 10.16 | (10.85) |
| Net profit margin | +63.9% | +30.9% | +50.8% | -85.6% | +50.2% | +46.4% | -115.8% |
| EPS (₹) | 5.16 | 7.05 | 15.98 | (6.48) | 9.93 | 10.16 | (10.85) |
| Balance sheet | |||||||
| Total assets | 311 | 185 | 81.23 | 64.85 | 66.25 | 56.14 | 52.63 |
| Net worth | 284 | 179 | 72.99 | 58.54 | 64.26 | 55.33 | 45.03 |
| Total debt | 24.70 | 3.91 | 6.18 | 3.63 | 2.01 | 0.81 | 7.60 |
| Cash & bank | 127 | 120 | 59.11 | 56.23 | 50.08 | 32.09 | 27.95 |
| Net working capital | 120 | 113 | 37.90 | 30.23 | 19.38 | 30.88 | 33.85 |
| Cash flow | |||||||
| Cash from operations | (33.67) | (21.50) | (2.75) | 1.35 | 4.88 | 4.36 | 13.13 |
| Cash from investing | (22.05) | (75.28) | 3.42 | (1.57) | (8.53) | 3.77 | (14.09) |
| Cash from financing | 58.12 | 94.87 | 0.15 | 0.40 | (0.60) | (7.11) | (1.76) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.62 | 38.34 | 27.71 | 23.71 | 14.04 | 5.85 | 5.54 | 9.32 |
| Revenue growth (YoY) | +46.9% | +555.4% | +400.2% | +154.4% | +48.7% | - | - | - |
| Other income | 0.15 | 0.07 | 0.13 | 0.06 | 0.19 | 0.08 | 0.05 | 0.44 |
| EBITDA | 15.84 | 32.73 | 23.25 | 19.97 | 10.08 | (1.99) | 1.64 | 5.58 |
| EBITDA margin | +76.8% | +85.4% | +83.9% | +84.2% | +71.8% | -34.0% | +29.6% | +59.9% |
| Depreciation | 0.20 | 0.24 | 0.14 | 0.14 | 0.13 | 0.17 | 0.16 | 0.15 |
| Interest | 0.89 | 1.21 | 0.61 | 0.45 | 0.35 | 0.29 | 0.32 | 0.29 |
| Profit before tax | 14.90 | 31.35 | 22.63 | 19.44 | 9.79 | (2.37) | 1.21 | 5.58 |
| Tax | 3.87 | 5.18 | 5.62 | 5.04 | 1.22 | 0.21 | 0.25 | 1.06 |
| Net profit | 11.03 | 26.17 | 17.01 | 14.40 | 8.57 | (2.58) | 0.96 | 4.52 |
| EPS (₹) | 0.85 | 2.02 | 1.35 | 11.89 | 7.19 | (2.46) | 0.90 | 4.54 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 103 | 26.72 | 31.02 | 7.69 | 19.85 | 21.88 | 9.38 |
| Revenue growth | +287.2% | -13.9% | +303.4% | -61.3% | -9.3% | +133.3% | - |
| EBITDA | 87.49 | 12.98 | 22.06 | (6.86) | 13.04 | 14.61 | (11.83) |
| EBITDA margin | +84.6% | +48.6% | +71.1% | -89.2% | +65.7% | +66.8% | -126.1% |
| Profit before tax | 84.79 | 11.88 | 21.19 | (7.21) | 11.93 | 14.18 | (13.60) |
| Net profit | 66.86 | 9.12 | 16.59 | (5.78) | 10.41 | 12.48 | (10.89) |
| Net profit margin | +64.6% | +34.1% | +53.5% | -75.2% | +52.4% | +57.0% | -116.1% |
| EPS (₹) | 5.20 | 7.79 | 16.60 | (5.80) | 10.40 | 10.31 | (10.89) |
| Balance sheet | |||||||
| Total assets | 304 | 179 | 74.31 | 60.17 | 65.35 | 54.38 | 50.95 |
| Net worth | 283 | 178 | 71.70 | 56.63 | 63.44 | 54.04 | 43.59 |
| Total debt | 21.66 | 0.71 | 2.62 | 3.54 | 1.92 | 0.23 | 7.36 |
| Cash & bank | 125 | 119 | 57.73 | 54.72 | 48.55 | 31.04 | 26.74 |
| Net working capital | 115 | 109 | 33.01 | 25.55 | 15.74 | 28.57 | 31.19 |
| Cash flow | |||||||
| Cash from operations | (32.76) | (21.50) | (0.96) | 3.70 | 6.31 | 6.03 | 13.05 |
| Cash from investing | (22.19) | (74.91) | 4.91 | (3.82) | (10.40) | 2.69 | (12.41) |
| Cash from financing | 56.29 | 94.65 | (3.21) | 0.40 | (0.60) | (7.55) | (2.34) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.61 | 38.20 | 27.63 | 23.62 | 14.02 | 5.83 | 5.54 | 9.73 |
| Revenue growth (YoY) | +47.0% | +555.2% | +398.7% | +142.8% | +55.6% | - | - | - |
| Other income | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.05 | 0.02 | 0.01 |
| Total expenses | 4.66 | 4.88 | 3.93 | 3.47 | 3.71 | 7.18 | 3.56 | 3.37 |
| EBITDA | 15.95 | 33.32 | 23.70 | 20.15 | 10.31 | (1.35) | 1.98 | 6.36 |
| EBITDA margin | +77.4% | +87.2% | +85.8% | +85.3% | +73.5% | -23.2% | +35.7% | +65.4% |
| Depreciation | 0.17 | 0.19 | 0.11 | 0.11 | 0.10 | 0.13 | 0.11 | 0.11 |
| Interest | 0.80 | 1.12 | 0.52 | 0.36 | 0.26 | 0.20 | 0.23 | 0.18 |
| Profit before tax | 15.00 | 32.03 | 23.09 | 19.70 | 9.97 | (1.63) | 1.66 | 6.08 |
| Tax | 3.88 | 5.43 | 5.70 | 5.09 | 1.71 | 0.35 | 0.32 | 1.16 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.62 | 38.34 | 27.71 | 23.71 | 14.04 | 5.85 | 5.54 | 9.32 |
| Revenue growth (YoY) | +46.9% | +555.4% | +400.2% | +154.4% | +48.7% | - | - | - |
| Other income | 0.15 | 0.07 | 0.13 | 0.06 | 0.19 | 0.08 | 0.05 | 0.44 |
| EBITDA | 15.84 | 32.73 | 23.25 | 19.97 | 10.08 | (1.99) | 1.64 | 5.58 |
| EBITDA margin | +76.8% | +85.4% | +83.9% | +84.2% | +71.8% | -34.0% | +29.6% | +59.9% |
| Depreciation | 0.20 | 0.24 | 0.14 | 0.14 | 0.13 | 0.17 | 0.16 | 0.15 |
| Interest | 0.89 | 1.21 | 0.61 | 0.45 | 0.35 | 0.29 | 0.32 | 0.29 |
| Profit before tax | 14.90 | 31.35 | 22.63 | 19.44 | 9.79 | (2.37) | 1.21 | 5.58 |
| Tax | 3.87 | 5.18 | 5.62 | 5.04 | 1.22 | 0.21 | 0.25 | 1.06 |
| Net profit | 11.03 | 26.17 | 17.01 | 14.40 | 8.57 | (2.58) | 0.96 | 4.52 |
| EPS (₹) | 0.85 | 2.02 | 1.35 | 11.89 | 7.19 | (2.46) | 0.90 | 4.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 104 | 26.75 | 31.43 | 7.59 | 19.77 | 21.90 | 9.37 |
| Revenue growth | +288.4% | -14.9% | +314.1% | -61.6% | -9.7% | +133.7% | - |
| Other income | 0.37 | 0.44 | 0.76 | 0.63 | 0.42 | 1.15 | 0.57 |
| Total expenses | 17.78 | 15.04 | 11.08 | 16.27 | 7.49 | 5.12 | 21.36 |
| Employee cost | 6.11 | 4.71 | 3.82 | 4.08 | 3.07 | 2.17 | 2.04 |
| EBITDA | 86.11 | 11.71 | 20.35 | (8.68) | 12.28 | 16.78 | (11.99) |
| EBITDA margin | +82.9% | +43.8% | +64.8% | -114.4% | +62.1% | +76.6% | -128.0% |
| Depreciation | 0.65 | 0.61 | 0.52 | 0.53 | 0.61 | 0.76 | 0.77 |
| Interest | 2.61 | 1.17 | 0.88 | 0.33 | 0.93 | 0.99 | 1.42 |
| Profit before tax | 83.22 | 10.37 | 19.71 | (8.91) | 11.16 | 16.18 | (13.61) |
| Tax | 17.06 | 2.47 | 4.36 | (1.80) | 1.48 | 6.02 | (2.76) |
| Net profit | 66.36 | 8.26 | 15.97 | (6.50) | 9.93 | 10.16 | (10.85) |
| Net profit margin | +63.9% | +30.9% | +50.8% | -85.6% | +50.2% | +46.4% | -115.8% |
| EPS (₹) | 5.16 | 7.05 | 15.98 | (6.48) | 9.93 | 10.16 | (10.85) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.86 | 11.69 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves & surplus | 265 | 149 | 62.99 | 48.54 | 54.26 | 45.33 | 35.03 |
| Shareholders' funds (net worth) | 284 | 179 | 72.99 | 58.54 | 64.26 | 55.33 | 45.03 |
| Minority interest | 2.94 | 1.71 | 2.06 | 2.68 | (0.01) | 0.00 | 0.00 |
| Secured loans | 24.70 | 3.91 | 6.18 | 3.63 | 2.01 | 0.81 | 7.60 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 24.70 | 3.91 | 6.18 | 3.63 | 2.01 | 0.81 | 7.60 |
| Total liabilities | 311 | 185 | 81.23 | 64.85 | 66.25 | 56.14 | 52.63 |
| Assets | |||||||
| Gross block | 20.76 | 19.43 | 20.92 | 18.29 | 18.33 | 16.02 | 15.31 |
| Net block | 13.80 | 12.76 | 13.05 | 11.39 | 11.50 | 10.64 | 10.28 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 175 | 57.54 | 29.61 | 21.17 | 35.14 | 14.87 | 2.69 |
| Inventories | 0.98 | 0.55 | 0.54 | 0.47 | 0.00 | 9.58 | 3.46 |
| Sundry debtors | 6.92 | 18.41 | 7.77 | 2.86 | 2.65 | 3.53 | 10.87 |
| Cash & bank balances | 127 | 120 | 59.11 | 56.23 | 50.08 | 32.09 | 27.95 |
| Loans & advances | 42.72 | 17.26 | 10.77 | 12.93 | 9.14 | 7.90 | 9.35 |
| Total current assets | 178 | 156 | 78.19 | 72.49 | 61.87 | 53.10 | 51.63 |
| Total current liabilities | 58.24 | 42.95 | 40.29 | 42.26 | 42.49 | 22.22 | 17.78 |
| Net working capital | 120 | 113 | 37.90 | 30.23 | 19.38 | 30.88 | 33.85 |
| Total assets | 311 | 185 | 81.23 | 64.85 | 66.25 | 56.14 | 52.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.89 | 2.79 | 1.96 | 1.79 | 6.04 | 5.02 | 7.73 |
| Net cash from operating activities | (33.67) | (21.50) | (2.75) | 1.35 | 4.88 | 4.36 | 13.13 |
| Net cash from investing activities | (22.05) | (75.28) | 3.42 | (1.57) | (8.53) | 3.77 | (14.09) |
| Net cash from financing activities | 58.12 | 94.87 | 0.15 | 0.40 | (0.60) | (7.11) | (1.76) |
| Net change in cash | 2.40 | (1.90) | 0.83 | 0.18 | (4.25) | 1.02 | (2.71) |
| Closing cash | 127 | 120 | 59.11 | 56.23 | 50.08 | 32.09 | 27.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +288.4% | -14.9% | +314.1% | -61.6% | -9.7% | +133.7% | - |
| EBITDA growth | +635.4% | -42.5% | +334.5% | -170.7% | -26.8% | +240.0% | - |
| PBT growth | +702.5% | -47.4% | +9998.0% | - | -31.0% | +9998.0% | - |
| Net income growth | +703.4% | -48.3% | +345.7% | -165.5% | -2.3% | +193.6% | - |
| Revenue CAGR (3Y) | +139.2% | +10.6% | +12.8% | -6.8% | -25.5% | -27.8% | -40.9% |
| EBITDA CAGR (3Y) | - | -1.6% | +6.6% | -10.2% | +49.6% | +9.3% | +182.8% |
| Profitability & leverage | |||||||
| Net income margin | +63.7% | +29.5% | +48.8% | -93.7% | +49.0% | +46.4% | -115.8% |
| Return on capital employed | +34.9% | +8.8% | +29.2% | -13.4% | +19.8% | +31.6% | -20.7% |
| Return on net worth | +28.6% | +6.3% | +23.4% | -11.6% | +16.2% | +20.3% | -21.2% |
| Debt / equity | 0.06 | 0.04 | 0.07 | 0.05 | 0.02 | 0.08 | 0.15 |
| Long-term debt / equity | 0.06 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.02 |
| Interest cover | 3.05 | 10.54 | 4.44 | -3.58 | 7.97 | 6.18 | -11.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.19 | 1.35 | 1.64 | 0.45 | 1.15 | 1.47 | 0.66 |
| Inventory turnover | 136.29 | 49.89 | 63.74 | 34.98 | 0.00 | 3.54 | 5.75 |
| Debtors turnover | 8.23 | 2.08 | 6.06 | 2.98 | 6.53 | 3.20 | 0.60 |
| EPS (₹) | 5.16 | 7.05 | 15.98 | (6.48) | 9.93 | 10.16 | (10.85) |
| Dividend per share (₹) | 0.00 | 0.00 | 1.60 | 0.60 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 21.60 | 137.14 | 72.99 | 58.54 | 64.26 | 55.33 | 45.03 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.61 | 38.20 | 27.63 | 23.62 | 14.02 | 5.83 | 5.54 | 9.73 |
| Revenue growth (YoY) | +47.0% | +555.2% | +398.7% | +142.8% | +55.6% | - | - | - |
| Other income | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.05 | 0.02 | 0.01 |
| Total expenses | 4.66 | 4.88 | 3.93 | 3.47 | 3.71 | 7.18 | 3.56 | 3.37 |
| EBITDA | 15.95 | 33.32 | 23.70 | 20.15 | 10.31 | (1.35) | 1.98 | 6.36 |
| EBITDA margin | +77.4% | +87.2% | +85.8% | +85.3% | +73.5% | -23.2% | +35.7% | +65.4% |
| Depreciation | 0.17 | 0.19 | 0.11 | 0.11 | 0.10 | 0.13 | 0.11 | 0.11 |
| Interest | 0.80 | 1.12 | 0.52 | 0.36 | 0.26 | 0.20 | 0.23 | 0.18 |
| Profit before tax | 15.00 | 32.03 | 23.09 | 19.70 | 9.97 | (1.63) | 1.66 | 6.08 |
| Tax | 3.88 | 5.43 | 5.70 | 5.09 | 1.71 | 0.35 | 0.32 | 1.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 103 | 26.72 | 31.02 | 7.69 | 19.85 | 21.88 | 9.38 |
| Revenue growth | +287.2% | -13.9% | +303.4% | -61.3% | -9.3% | +133.3% | - |
| Other income | 0.07 | 0.11 | 0.12 | 0.15 | 0.10 | 0.75 | 0.04 |
| Total expenses | 15.98 | 13.74 | 8.96 | 14.55 | 6.81 | 7.27 | 21.21 |
| Employee cost | 5.36 | 3.99 | 2.50 | 1.93 | 2.70 | 2.11 | 2.00 |
| EBITDA | 87.49 | 12.98 | 22.06 | (6.86) | 13.04 | 14.61 | (11.83) |
| EBITDA margin | +84.6% | +48.6% | +71.1% | -89.2% | +65.7% | +66.8% | -126.1% |
| Depreciation | 0.51 | 0.43 | 0.31 | 0.27 | 0.28 | 0.34 | 0.39 |
| Interest | 2.26 | 0.78 | 0.68 | 0.23 | 0.93 | 0.84 | 1.42 |
| Profit before tax | 84.79 | 11.88 | 21.19 | (7.21) | 11.93 | 14.18 | (13.60) |
| Tax | 17.93 | 2.76 | 4.60 | (1.43) | 1.52 | 3.89 | (2.71) |
| Net profit | 66.86 | 9.12 | 16.59 | (5.78) | 10.41 | 12.48 | (10.89) |
| Net profit margin | +64.6% | +34.1% | +53.5% | -75.2% | +52.4% | +57.0% | -116.1% |
| EPS (₹) | 5.20 | 7.79 | 16.60 | (5.80) | 10.40 | 10.31 | (10.89) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.86 | 11.69 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves & surplus | 264 | 148 | 61.70 | 46.63 | 53.44 | 44.04 | 33.59 |
| Shareholders' funds (net worth) | 283 | 178 | 71.70 | 56.63 | 63.44 | 54.04 | 43.59 |
| Secured loans | 21.66 | 0.71 | 2.62 | 3.54 | 1.92 | 0.23 | 7.36 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 21.66 | 0.71 | 2.62 | 3.54 | 1.92 | 0.23 | 7.36 |
| Total liabilities | 304 | 179 | 74.31 | 60.17 | 65.35 | 54.38 | 50.95 |
| Assets | |||||||
| Gross block | 8.05 | 6.86 | 8.41 | 7.94 | 7.64 | 7.52 | 7.42 |
| Net block | 3.07 | 2.03 | 2.20 | 2.04 | 2.01 | 2.17 | 2.41 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 185 | 68.04 | 39.37 | 29.61 | 43.98 | 23.16 | 11.04 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.58 | 3.46 |
| Sundry debtors | 6.92 | 18.41 | 7.77 | 2.86 | 2.65 | 3.53 | 10.87 |
| Cash & bank balances | 125 | 119 | 57.73 | 54.72 | 48.55 | 31.04 | 26.74 |
| Loans & advances | 39.59 | 13.68 | 6.56 | 10.08 | 6.97 | 6.92 | 7.84 |
| Total current assets | 171 | 151 | 72.06 | 67.66 | 58.17 | 51.07 | 48.91 |
| Total current liabilities | 56.44 | 41.73 | 39.05 | 42.11 | 42.43 | 22.50 | 17.72 |
| Net working capital | 115 | 109 | 33.01 | 25.55 | 15.74 | 28.57 | 31.19 |
| Total assets | 304 | 179 | 74.31 | 60.17 | 65.35 | 54.38 | 50.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.53 | 2.29 | 1.55 | 1.28 | 5.98 | 4.81 | 6.51 |
| Net cash from operating activities | (32.76) | (21.50) | (0.96) | 3.70 | 6.31 | 6.03 | 13.05 |
| Net cash from investing activities | (22.19) | (74.91) | 4.91 | (3.82) | (10.40) | 2.69 | (12.41) |
| Net cash from financing activities | 56.29 | 94.65 | (3.21) | 0.40 | (0.60) | (7.55) | (2.34) |
| Net change in cash | 1.34 | (1.75) | 0.73 | 0.27 | (4.70) | 1.17 | (1.70) |
| Closing cash | 125 | 119 | 57.73 | 54.72 | 48.55 | 31.04 | 26.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +287.2% | -13.9% | +303.4% | -61.3% | -9.3% | +133.3% | - |
| EBITDA growth | +574.0% | -41.2% | +421.6% | -152.6% | -10.8% | +223.5% | - |
| PBT growth | +613.7% | -43.9% | +9998.0% | - | -15.9% | +9998.0% | -812.8% |
| Net income growth | +633.1% | -45.0% | +387.0% | -155.5% | -16.6% | +214.6% | - |
| Revenue CAGR (3Y) | +137.9% | +10.4% | +12.3% | -6.4% | +40.0% | -27.6% | -40.8% |
| EBITDA CAGR (3Y) | - | -0.2% | +14.7% | -16.6% | +425.2% | +3.8% | +163.0% |
| Profitability & leverage | |||||||
| Net income margin | +64.6% | +34.1% | +53.5% | -75.2% | +52.4% | +47.0% | -116.1% |
| Return on capital employed | +36.0% | +10.0% | +32.5% | -11.2% | +21.5% | +32.7% | -21.3% |
| Return on net worth | +29.0% | +7.3% | +25.9% | -9.7% | +17.7% | +25.6% | -21.9% |
| Debt / equity | 0.05 | 0.01 | 0.05 | 0.05 | 0.02 | 0.08 | 0.15 |
| Long-term debt / equity | 0.05 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.02 |
| Interest cover | 2.60 | 6.22 | 3.13 | -3.23 | 7.29 | 5.89 | -11.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 13.89 | 3.51 | 3.81 | 1.01 | 2.63 | 3.03 | 1.28 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 4.16 | 3.47 | 5.45 |
| Debtors turnover | 8.18 | 2.05 | 5.86 | 2.85 | 6.46 | 3.14 | 0.57 |
| EPS (₹) | 5.20 | 7.79 | 16.60 | (5.80) | 10.40 | 10.31 | (10.89) |
| Dividend per share (₹) | 0.00 | 0.00 | 1.60 | 0.60 | 0.00 | 1.00 | 0.00 |
| Book value per share (₹) | 21.51 | 136.39 | 71.70 | 56.63 | 63.44 | 54.04 | 43.59 |
To see the full year-wise statements and ratios of Indo Thai Securities Limited, buy the company report.
Board of directors of Indo Thai Securities Limited
Indo Thai Securities has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanpal Doshi Also directs: Geetanjali Buildcon Private Limited, Indo Thai Globe Fin (Ifsc) Limited, Prosperity Residency Private Limited and 5 more | Managing Director | 19 Jan 1995 | 31 Years 9 Months | Current |
| Parasmal Doshi | Whole-Time Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Rajendra Bandi | Whole-Time Director | 19 Jan 1995 | 31 Years 9 Months | Current |
| Dharmendra Jain | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Amber Chaurasia | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Sweta Sharma Pastaria | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2025 | 101220970 | Others | ₹1 Cr | Open | |
| 11 Feb 2025 | 101052458 | Others | ₹30 Cr | Open | |
| 29 Jan 2025 | 101045350 | Others | ₹5 Cr | Open | |
| 16 Jan 2024 | 100860977 | Others | ₹5 Cr | Open | |
| 03 Jan 2018 | 100157095 | Hdfc Bank Limited | ₹120 Cr | Open |
To see the full charge records of Indo Thai Securities Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Indo Thai Securities Limited has 44 deals on record (43 market trades, 1 ipo); the latest was in July 2026.
Deals on record (5 of 44)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹55.47 Cr | Buyer: Arihant Capital Markets Limited, Mahevarsh Fincon Private Limited Seller: Arihant Capital Markets Limited, Mahevarsh Fincon Private Limited |
| Jul 2026 | Market trade | ₹55.35 Cr | Buyer: Arihant Capital Markets Limited, Mahevarsh Fincon Private Limited Seller: Arihant Capital Markets Limited, Mahevarsh Fincon Private Limited |
| Jul 2026 | Market trade | ₹15.21 Cr | Buyer: Onix Renewable Limited Seller: Onix Renewable Limited |
| Jan 2013 | Market trade | ₹1.33 Cr | Buyer: Jayneel Securities Private Limited , an individual Seller: Jayneel Securities Private Limited , an individual |
| Nov 2011 | Market trade | ₹12.9 Lakh | Buyer: A.K.G. Securities and Consultancy Limited Seller: A.K.G. Securities and Consultancy Limited |
To see the full deal history of Indo Thai Securities Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indo Thai Securities Limited has 10 court cases on record: 6 filed by Indo Thai Securities, 4 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCA) | Filed by the company against Saregama India Ltd Through MCS Ltd and 1 other | Disposed |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against Saregama India Ltd Through M.C.S Ltd and 1 other | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MJC SUC) | Filed against the company | Pending |
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed against the company by an individual | Disposed |
To see the full case history of Indo Thai Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indo Thai Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indo Thai Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACI4380E1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indo Thai Securities Limited, buy the company report.
Recent activity
Indo Thai Securities Limited has 14 board changes on record since 1995: 6 appointments and 8 cessations. The latest: Om Prakash Gauba ceased to be Director on 19 Sep 2024.
45 earlier events are in the company report.
News
Frequently asked questions
Indo Thai Securities is an active public limited company based in Indore, Madhya Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 January 1995 (31+ years old) and is registered under CIN L66120MP1995PLC008959. Listed on BSE: 533676 and NSE: INDOTHAI.
Indo Thai Securities reported revenue of ₹103.89 Cr for FY 2025-26 (up 288.4% YoY) based on consolidated financials.
Indo Thai Securities has 6 current directors:
- Dhanpal Doshi - Managing Director
- Parasmal Doshi - Whole-Time Director
- Rajendra Bandi - Whole-Time Director
- Dharmendra Jain - Director
- Amber Chaurasia - Director
- Sweta Sharma Pastaria - Director
The latest financial statements of Indo Thai Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indo Thai Securities is 23AAACI4380E1ZZ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Indo Thai Securities is L66120MP1995PLC008959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Indo Thai Securities is listed on both BSE (code: 533676) and NSE (symbol: INDOTHAI).
Indo Thai Securities has 10 court cases on record: 6 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Indo Thai Securities was incorporated on 19 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
Indo Thai Securities has 44 deals on record (43 market trades, 1 ipo); the latest was in July 2026.