Freedom Holding (FRHC) Financials

$164.38

$-7.49 (-4.36%)

As on 04-Sep-2026 16:00EDT

Market cap

$10,496 Mln

Revenue (TTM)

$2,346 Mln

P/E Ratio

68.3

P/B Ratio

7.2

Div. Yield

0 %

Income Statement ($ Mln)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Revenue	2,345.69	2,191.29	2,033.46	1,656.66	795.69	689.79
Cost of Revenue	790.22	609.87	963.62	492.47	224.81	186.64
Gross Profit	1,555.47	1,581.42	1,069.83	1,164.18	570.89	503.15
Operating Expenses	592.84	866.42	438.06	237.40	129.45	58.49
Operating Profit (EBIT)	962.62	715.00	631.77	926.79	441.44	444.65
Other Income	--	--	--	--	90.15	--
Profit before Tax	226.28	225.97	112.95	435.37	235.94	363.69
Provision for Tax	71.69	72.64	28.43	60.42	42.78	38.57
Profit after Tax (Net Income)	154.59	153.33	84.65	375.54	205.14	227.49
Minority Interest	--	--	0.13	0.59	0.45	6.57
Consolidated Profit	--	--	--	--	205.14	217.94

Liabilities ($ Mln)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	1,535.28	1,489.28	1,214.24	1,163.65	777.29	553.60
Minority Interest	--	--	--	--	-6.55	--
Non-Current Liabilities	3,433.68	2,518.46	1,484.34	1,101.28	675.79	178.72
Current Liabilities	8,959.61	9,147.50	7,215.32	6,033.69	3,638.03	2,505.02
Total Liabilities	23,006.50	13,155.24	9,914.02	8,301.93	5,084.56	3,230.35

Assets ($ Mln)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	5,189.34	831.86	412.13	226.52	125.91	42.07
Current Assets	6,821.03	12,323.38	9,501.88	8,075.42	4,958.64	3,188.28
Total Assets	17,375.30	13,155.24	9,914.02	8,301.93	5,084.56	3,230.35
Total Debt*	2,787.89	2,334.89	1,953.38	3,069.11	1,607.76	885.66
Net Current Assets	3,492.61	3,165.60	2,286.56	2,113.76	1,369.97	593.93

Cashflow ($ Mln)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	160.61	1,681.06	-1,064.36	-951.68	-406.37
Cash Flow from Investing Activities	--	-1,024.54	-905.47	-638.22	-1,463.24	-146.32
Cash from Financing Activities	--	1,191.63	-1.58	1,674.57	2,133.38	618.53
Net Cash Inflow / Outflow	--	--	--	--	-281.55	--

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS ($)	2.53	2.50	1.39	6.24	3.45	3.82
Cash EPS ($)	--	3.07	1.67	6.48	3.53	3.90
Adjusted Book Value ($)	--	24.30	19.91	19.34	13.06	9.30
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	2.62	27.56	-17.69	-15.99	-6.82
Free Cash Flow per Share ($)	--	-0.62	26.00	-18.42	-16.64	-6.92

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	4.39	2.29	11.35	10.73	21.35
ROE (%)	10.55	11.34	7.12	38.70	30.83	54.76
ROA (%)	0.92	1.33	0.93	5.61	4.93	8.54
EBIT Margin (%)	33.23	32.63	31.91	56.53	55.91	63.88
Net Margin (%)	6.59	7.00	4.16	22.67	23.16	32.98
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	14.20	0.08	0.23	1.08	0.15	0.99
EBIT Growth (%)	26.65	10.20	-30.72	110.50	0.96	152.88
Net Profit Growth (%)	91.72	81.13	-77.46	83.07	-9.83	52.02
EPS Growth (%)	87.55	0.80	-0.78	0.81	-0.10	0.49
Book Value Growth (%)	24.44	--	--	--	--	--

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	68.27	57.92	95.23	11.31	20.85	15.60
Price / Book Value	7.19	5.96	6.64	3.65	5.50	6.41
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	10.87	9.21	9.65	3.01	5.89	6.51
Close Price ($)	130.47	144.88	132.17	70.57	71.86	59.60
High Price ($)	194.01	194.01	164.82	102.40	82.07	72.43
Low Price ($)	107.98	107.98	64.00	65.61	38.17	42.03
Market Cap ($ Cr)	10,495.62	--	--	--	--	--

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	0.96	1.57	1.61	2.64	2.07	1.60
Short term debt to equity ratio	0.82	0.69	1.17	2.37	1.95	1.52
Current Ratio	0.76	1.35	1.32	1.34	1.36	1.27
Quick Ratio	0.76	1.35	1.32	1.34	0.84	--
Interest Coverage	1.41	1.46	1.21	1.87	2.13	5.73

Operating Efficiency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debtors to sales (%)	170.39	214.06	244.23	185.48	153.80	36.24
Asset Turnover	0.14	0.19	0.22	0.25	0.19	0.26
Receivable days	--	804.84	722.00	473.65	338.27	82.30
Inventory Days	--	7.19	1.64	701.36	3,069.19	2,237.65
Payable days	--	608.92	422.64	377.18	147.38	72.43
Cash Conversion Cycle	--	203.11	301.00	797.84	3,260.07	2,247.52

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement ($ Mln)