India Lease Devpt.
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What does India Lease Devpt. do?
India Lease Development Limited is an NBFC registered with Reserve Bank of India, specializing in Hire Purchase & Leasing Business.
Who are the competitors of India Lease Devpt.?
India Lease Devpt. major competitors are Moongipa Capital Fin, Stellar Capital Ser., Indo-City Infotech, Ashtasidhhi Inds., Tokyo Finance, Gallops Enterprises, Sarvottam Finvest. Market Cap of India Lease Devpt. is ₹14 Crs. While the median market cap of its peers are ₹14 Crs.
Is India Lease Devpt. financially stable compared to its competitors?
India Lease Devpt. seems to be less financially stable compared to its competitors. Altman Z score of India Lease Devpt. is 26.75 and is ranked 4 out of its 8 competitors.
Does India Lease Devpt. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. India Lease Devpt. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is India Lease Devpt. balance sheet?
The companies balance sheet of India Lease Devpt. is weak, but was strong historically.
Is the profitablity of India Lease Devpt. improving?
The profit is oscillating. The profit of India Lease Devpt. is -₹0.12 Crs for Mar 2025, -₹0.15 Crs for Mar 2024 and -₹0.08 Crs for Mar 2023
Is India Lease Devpt. stock expensive?
Yes, India Lease Devpt. is expensive. Latest PE of India Lease Devpt. is 687, while 3 year average PE is 65.63. Also latest Price to Book of India Lease Devpt. is 1.49 while 3yr average is 1.2.
Has the share price of India Lease Devpt. grown faster than its competition?
India Lease Devpt. has given lower returns compared to its competitors. India Lease Devpt. has grown at ~2.41% over the last 10yrs while peers have grown at a median rate of 19.76%
Is the promoter bullish about India Lease Devpt.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in India Lease Devpt. is 71.09% and last quarter promoter holding is 71.09%.
Are mutual funds buying/selling India Lease Devpt.?
There is Insufficient data to gauge this.