Market cap
$11,035 Mln
Revenue (TTM)
$2,334 Mln
P/E Ratio
71.8
P/B Ratio
7.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 54.46 | 37.35 | 13.63 | 47.68 | 42.41 |
| EBIT | 23.76 | 41.89 | 26.65 | 19.99 | 27.44 |
| Net Profit | 296.94 | 4.16 | 91.72 | -7.72 | -1.48 |
| EPS | 296.94 | 3.76 | 87.55 | -8.00 | -3.09 |
| Book Value | -- | -- | 22.05 | 22.99 | 38.63 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 40.36 | 48.17 | 33.40 | 32.63 | 31.91 |
| Net Margin
| -- | 23.16 | 6.62 | -- | -- |
| Return on equity
| 19.05 | 28.55 | 10.55 | 11.34 | 7.12 |
| Return on Capital
| 6.01 | 10.02 | -- | 4.39 | 2.29 |
| Return on Assets
| 2.62 | 4.27 | 0.92 | 1.33 | 0.93 |
| Debt to Equity (x)
| -- | -- | 0.96 | 1.57 | 1.61 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
4.39
|
2.29
|
11.35
|
10.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
10.55
Lower than Peers by 5.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
10.55
|
11.34
|
7.12
|
38.70
|
30.83
|
|
Peer Median
|
15.87
|
--
|
--
|
--
|
--
|
ROA
0.92
Lower than Peers by 1.00
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
0.92
|
1.33
|
0.93
|
5.61
|
4.93
|
|
Peer Median
|
1.92
|
--
|
--
|
--
|
--
|
EBIT Margin
33.40
Higher than Peers by 14.43
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
33.40
|
32.63
|
31.91
|
56.53
|
55.91
|
|
Peer Median
|
18.97
|
--
|
--
|
--
|
--
|
Net Margin
6.62
Lower than Peers by 5.36
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
6.62
|
7.00
|
4.16
|
22.67
|
23.16
|
|
Peer Median
|
11.98
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
13.63
Lower than Peers by 5.30
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
13.63
|
0.08
|
0.23
|
1.08
|
0.15
|
|
Peer Median
|
18.94
|
--
|
--
|
--
|
--
|
EBIT Growth
26.65
Lower than Peers by 0.92
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
26.65
|
10.20
|
-30.72
|
110.50
|
0.96
|
|
Peer Median
|
27.57
|
--
|
--
|
--
|
--
|
Net Profit Growth
91.72
Higher than Peers by 59.72
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
91.72
|
81.13
|
-77.46
|
83.07
|
-9.83
|
|
Peer Median
|
32.00
|
--
|
--
|
--
|
--
|
EPS Growth
87.55
Higher than Peers by 56.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
87.55
|
0.80
|
-0.78
|
0.81
|
-0.10
|
|
Peer Median
|
30.85
|
--
|
--
|
--
|
--
|
Book Value Growth
24.44
Higher than Peers by 13.88
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
24.44
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.56
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.96
Higher than Peers by 0.55
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
0.96
|
1.57
|
1.61
|
2.64
|
2.07
|
|
Peer Median
|
0.41
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.82
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
0.82
|
0.69
|
1.17
|
2.37
|
1.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.76
Lower than Peers by 0.76
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
0.76
|
1.35
|
1.32
|
1.34
|
1.36
|
|
Peer Median
|
1.52
|
--
|
--
|
--
|
--
|
Quick Ratio
0.76
Lower than Peers by 0.76
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
0.76
|
1.35
|
1.32
|
1.34
|
0.84
|
|
Peer Median
|
1.52
|
--
|
--
|
--
|
--
|
Interest Coverage
1.41
Lower than Peers by 1.07
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
1.41
|
1.46
|
1.21
|
1.87
|
2.13
|
|
Peer Median
|
2.48
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
171.24
Higher than Peers by 137.67
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
171.24
|
214.06
|
244.23
|
185.48
|
153.80
|
|
Peer Median
|
33.56
|
--
|
--
|
--
|
--
|
Asset Turnover
0.14
Lower than Peers by 0.04
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
0.14
|
0.19
|
0.22
|
0.25
|
0.19
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
804.84
|
722.00
|
473.65
|
338.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
7.19
|
1.64
|
701.36
|
3,069.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
608.92
|
422.64
|
377.18
|
147.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
203.11
|
301.00
|
797.84
|
3,260.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
71.78
Higher than Peers by 54.00
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
71.78
|
57.92
|
95.23
|
11.31
|
20.85
|
|
Peer Median
|
17.79
|
--
|
--
|
--
|
--
|
Price / Book Value
7.20
Higher than Peers by 3.38
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
7.20
|
5.96
|
6.64
|
3.65
|
5.50
|
|
Peer Median
|
3.81
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.33
|
--
|
--
|
--
|
--
|
EV/EBITDA
10.88
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
10.88
|
9.21
|
9.65
|
3.01
|
5.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
11,035
Higher than Peers by 10,001
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Freedom Holding (FRHC)
|
11,035
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,034
|
--
|
--
|
--
|
--
|