Som Datt Finance Corporation Ltd Q3 FY26: ₹3.72 Cr Revenue, ₹0.70 EPS, 756 P/E – Wall Street Dreams on Dalal Street Budget?
1. At a Glance – Tiny NBFC, Massive Attitude
Here we have Som Datt Finance Corporation Ltd — market cap ₹212 Cr, stock price ₹124, and a P/E ratio of 756. Yes, seven hundred and fifty-six. Not a typo.
In Q3 FY26 (Dec 2025 quarter), the company reported:
Revenue: ₹3.72 Cr
PAT: ₹1.19 Cr
EPS: ₹0.70
3-month return: 11.3%
1-year return: 58.4%
ROE: -16.6%
ROCE: -17.8%
Debt: ₹0 Cr
A debt-free NBFC trading at 2.6x book value, generating ₹5.20 Cr TTM revenue, but commanding valuation multiples that would make Bajaj Finance blush.
Is this financial wizardry? Or is the market just pricing in hope, dreams, and maybe a future where Dalal Street becomes Wall Street 2.0?
Let’s investigate.
2. Introduction – The NBFC That Invests… In Other People’s Businesses
Som Datt Finance was incorporated in 1993. What does it do?
It does proprietary investment in stocks and securities.
Translation: It invests money. That’s it.
It is a Non-Deposit Taking NBFC. Not a Core Investment Company (CIC). So it’s basically a small financial entity that plays in the markets using its own capital.
In FY21, revenue sources were:
Dividend income: ~11%
Realized gains: ~65%
Unrealized gains: ~24%
So profits depend heavily on market movements. When markets smile, profits shine. When markets sneeze, earnings catch cold.
The company’s shares were once suspended by Calcutta Stock Exchange for non-compliance. Suspension revoked in 2021. Now they’re in the process of voluntary delisting from CSE.
