Team India Guaranty Ltd (TEAMGTY)
🎯 Key Takeaways
- Team India Guaranty Ltd (TEAMGTY) is a financially small, low-growth company operating in the financial services sector with minimal leverage and negligible profitability metrics. Despite stable promoter holding and a history of consistent revenue, the company has reported recurring losses, negative ROE and ROCE, and a high P/E ratio of 194.
- Revenue grew 81.4% QoQ to ₹3 in Q1FY27.
- ⚠️ Persistent losses and negative margins despite stable revenue suggest structural inefficiencies.
- Market Cap
- ₹218
- P/E Ratio
- 192.5
- P/B Ratio
- 4.49
- ROE
- 2.3%
- ROCE
- 2.8%
- Debt/Equity
- 0.00
- Promoter
- 74.9%
📖 The Story
Team India Guaranty Ltd (TEAMGTY) is a financially small, low-growth company operating in the financial services sector with minimal leverage and negligible profitability metrics. Despite stable promoter holding and a history of consistent revenue, the company has reported recurring losses, negative ROE and ROCE, and a high P/E ratio of 194.1, indicating market skepticism about future earnings. The business appears to be in a mature or potentially distressed phase, with limited reinvestment capacity and no visible growth catalysts. Management has not announced any strategic transformation or new revenue initiatives, and financial performance remains stagnant.
📰 What's Happening
Recent filings highlight governance and capital structure updates rather than operational improvements. The company held its 36th AGM on September 21, 2026, where shareholders approved a ₹200 crore borrowing limit increase, the appointment of Anil Poddar as a director, and two related-party loans totaling ₹50 crore at 9% interest. Additionally, a special resolution to regularize Mr. Sanjiv Swarup’s appointment as Non-Executive Independent Director was passed with 77.05% approval, enhancing board independence. These moves suggest incremental changes in governance and modest leverage expansion but do not signal a strategic shift or growth acceleration.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 2 | 3 |
| Operating Profit | 1 | 1 | 0 | -1 | 1 |
| OPM % | 61.9% | 58.4% | 32.4% | -41.0% | 26.5% |
| Net Profit | 1 | 1 | 0 | -1 | 1 |
| EPS | ₹0.63 | ₹0.74 | ₹0.19 | ₹-0.71 | ₹1.04 |
The company’s quarterly financials show volatile but flat performance, with revenue hovering around ₹1–3 crores and operating profits swinging between ₹-1 crore and ₹1 crore. Margins have declined sharply from a high of 61.9% in June 2025 to -41.0% in March 2026, coinciding with a return to losses. Despite this, net income and EPS remain minimal, and there is no upward trend in profitability. The financial trajectory reflects instability, with no clear improvement despite stable top-line levels, raising concerns about cost structure and operational efficiency.
🔮 Management Outlook & What's Next
Management has not provided forward-looking guidance or strategic outlook in the latest filings. There is no discussion of revenue growth, margin improvement, or capital allocation strategy beyond the routine approval of borrowing limits and director appointments. The absence of commentary on future performance suggests limited confidence or clarity in near-term prospects. Investor communication remains focused on compliance and procedural updates rather than business outlook.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 |
| Reserves | 39 | 37 | 40 | 40 |
| Borrowings | 0 | 0 | 0 | 0 |
| Total Liabilities | 48 | 47 | 50 | 49 |
| Fixed Assets | 0 | 0 | 0 | 0 |
| Investments | 30 | 29 | 10 | 17 |
| Total Assets | 48 | 47 | 50 | 49 |
The balance sheet remains extremely conservative, with zero borrowings and minimal equity base of ₹9 crore, yet total assets have slightly increased to ₹50 crore. Reserves have grown modestly from ₹39 to ₹40 crore, indicating retained earnings from prior periods, but the company is not leveraging its financial position for expansion. The lack of debt and stable asset base suggest a passive capital structure, but also limited capacity to fund operations or absorb shocks. Capital allocation appears restrained, with no dividends or buybacks disclosed.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 | Mar 2026 |
|---|---|---|
| Operating | -1 | -37 |
| Investing | +2 | +40 |
| Financing | 0 | 0 |
| Net Cash Flow | +1 | +3 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 74.9% | 74.9% | 74.9% | 74.9% |
| FII | 1.7% | 2.0% | 2.1% | 2.1% |
| DII | 0.1% | 0.1% | 0.1% | 0.1% |
| Public | 20.2% | 19.8% | 19.6% | 19.7% |
| # Shareholders | 20,141 | 20,024 | 19,867 | 19,838 |
Institutional ownership remains very low, with FII holding steady at 2.08% and DII at 0.06% over recent quarters, while promoter holding is stable at 74.92%. Public shareholding has slightly declined, and the number of shareholders has marginally decreased. There is no evidence of institutional accumulation or significant retail interest, and the shareholder base remains highly concentrated among promoters. No pledging or exit signals are evident, but the lack of institutional confidence is a concern.
⚖️ Peer Comparison — Finance
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BAJFINANCE | 6.06 L Cr | 29.8 | 10.4% | — | 3.82 |
| BAJAJFINSV | 2.79 L Cr | 27.4 | 11.4% | — | 5.50 |
| SHRIRAMFIN | 2.29 L Cr | 17.2 | 11.5% | — | 3.80 |
| ICICIAMC | 1.60 L Cr | 32.1 | 111.5% | — | 0.00 |
| JIOFIN | 1.44 L Cr | 67.7 | 2.3% | — | 0.17 |
| TATACAP | 1.41 L Cr | 25.7 | 8.4% | — | 5.28 |
| CHOLAFIN | 1.39 L Cr | 24.1 | 9.3% | — | 6.93 |
| BAJAJHLDNG | 1.19 L Cr | 13.4 | 12.4% | — | 0.00 |
| MUTHOOTFIN | 1.10 L Cr | 9.7 | 14.4% | — | 3.88 |
| PFC | 1.07 L Cr | 4.1 | 9.8% | — | 7.62 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Persistent losses and negative margins despite stable revenue suggest structural inefficiencies. 2. Extremely low institutional interest may limit liquidity and market validation. 3. High promoter concentration (74.92%) increases governance and control risks. 4. No growth strategy or future outlook disclosed, raising concerns about capital deployment and long-term viability.
📋 Recent Filings
- Announcement2026-09-24Team India Guaranty Limited announced the closure of its trading window effective October 1, 2026, to comply with SEBI insider trading regulations whi…
- 🟡 Board Meeting2026-09-23Team India Guaranty Limited announced the resignation of Independent Director Sreedevi Pillai effective September 23, 2026, due to increased professio…
- 🟡 voting results2026-09-22At the 36th Annual General Meeting, shareholders approved all resolutions with the required majority, as confirmed by the scrutinizer's report and vot…
- 🟡 Board Meeting2026-09-21Team India Guaranty Limited held its 36th AGM on September 21, 2026 via video conference, approving audited financial statements for FY2025-26, appoin…
- 🟡 Board Meeting2026-08-25Team India Guaranty Limited announced its 36th AGM on September 21, 2026, via video conference, with e-voting open from September 16 to 20. Shareholde…
- 🟡 voting results2026-08-17Team India Guaranty Limited announced the results of its postal ballot voting held from July 18 to August 16, 2026, confirming the special resolution …
- 🟡 voting results2026-07-16Team India Guaranty Limited (TEAMGTY) seeks shareholder approval to regularize the appointment of Mr. Sanjiv Swarup as a Non-Executive Independent Dir…
- Financial Results2026-07-14Team India Guaranty Limited clarified that its audited financial results for the quarter and year ended March 31, 2026 were resubmitted on 6 July 2026…
- 🔴 Financial Results2026-06-27No summary available
- regulation 312026-06-17Team India Guaranty Limited filed a Regulation 31(4) disclosure with exchanges regarding its status as the target company in a substantial acquisition…
🧠 Analyst's Read
Team India Guaranty Ltd remains a low-liquidity, marginally profitable financial services entity with no clear path to earnings improvement. While governance updates and stable promoter holding provide some stability, the lack of operational momentum, weak profitability trends, and absence of strategic guidance pose significant concerns. Investors should monitor future filings for signs of revenue diversification, margin recovery, or capital efficiency initiatives, but meaningful improvement appears unlikely in the near term.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-30.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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