Incred Financial Services is an Indian non-banking financial service that provides services like personal, consumer, and SME business loans. The company was founded by Bhupinder Singh. The company has received various funding rounds from business entities like Paragon Partners, Alpha Capital, and IDFC PE. Incred Financial Services has lent money to over 350,000 individuals and businesses and impacted 13,000 firms. Moreover, it proudly claims to have financed over 5000 students and 10000 digital merchants. It is not a surprise that retail investors are eager to invest in Incred Financial Services, which shows good growth potential. Therefore, Incred Financial Services unlisted shares have become a good investment option.
Incorporated in 1991, Incred Financial Services Ltd is registered at the Registrar of Companies, Mumbai. Using technology and data science, the company provides quick lending services to its customers.
Incred has shown major growth in the last few years and has become one of the fastest-growing financial services providers. It directly affected Incred Financial Services share price, which also increased and proved a profitable investment option. The different business segments of the company are as follows:
Incred Financial Services’s share price has consistently grown since September 2021. The company has not filed DRHP, and its stocks remain active in the unlisted market. The share price of Incred Financial Services saw a sudden surge at the beginning of 2023. They have taken to a stable and show slow growth trends. Therefore, Incred Financial Services Shares are a good investment opportunity for traders seeking good returns.
In addition, Incred Financial Services also showed positive growth in the recent financial year. Let’s take a look at a quick comparison of Incred financial report:
| Particulars (in Rs cr.) | FY 2023 | FY 2022 |
| Net revenue | 864 | 488 |
| Operating cost | 258 | 242 |
| EBITDA | 606 | 245 |
| Profit Before Tax(PBT) | 207 | 48 |
| Finance costs | 355 | 219 |
| Profit for period | 121.8 | 36.12 |
As you can see from the above table, Incred Financial Services recorded good growth in various financial metrics. This is why Incred financial services share price also increased during this period. According to the forecasted data, the performance of Incred Financial Services’ unlisted shares will continue to perform well, bringing investors good returns on investment.
Incred Financial Services announced revenue of more than Rs. 5 billion in FY2022. Moreover, since 2018, the company’s revenue has grown more than four times and is telling the story of a progressive company. Investing early in a company that is expected to grow is a good choice. Therefore, experts recommend buying unlisted shares of Incred Financial Services.
In July 2022, KKR India Financial Services and InCred Financial Services merged, combining their lending businesses. The merger made Incred Finance an enterprise with a total equity base of USD 300 million and a balance sheet of USD 600 million. This union has only strengthened the footholds of Incred Financial Services in the market and allowed the company to deliver world-class service. Moreover, Incred Finance can now look forward to capitalising and dominating India’s abundant credit industry.
The company recorded a Return on Total Assets(ROTA) of 2.39% in FY23, with a net profit of Rs 121 crore compared to 36.12 crore in FY22.
Investing in the unlisted shares of Incred Financial Services is hassle-free with Stockify. We provide the critical indicators on the website, such as EBITDA margin reports, net profit, revenue growth, share price, and EPS growth. Visit our website and take a look at this information to get an understanding of Incred Financial Services share performance in the market. If you like to learn more about these key indicators, you can always connect with the experts on Stockify. When you want to invest in Incred Financial Services, simply connect with us and start trading. On Stockify, you can easily buy and sell unlisted shares of Incred Financial Services hassle-free.
On Stockify, we regularly update the share prices of Incred Financial Services. The current price of Incred Financial Services shares is Rs. 109. To know the share price of Incred Financial Services, visit Stockify regularly. When you see a favourable performance by the company’s shares, you can consider it a good investment opportunity. Register with Stockify and start investing today.
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* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
