Kreon Financial Serv
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Opti Products Private Limited, a promoter group entity of Kreon Finnancial Services, acquired 998,123 equity shares in the company between June 3 and 4, 2026, through open market purchases. The acquisition raised the promoter group's stake from 55.60% to 60.54%, representing a 4.94% increase in voting rights. The shares were purchased at prevailing market prices, with the holding crossing the 60% threshold. The move underscores the promoter group's deepening commitment to the nano-cap financial services firm, which has a market capitalization of approximately ₹66 crores.
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Opti Products Private Limited, a promoter group entity of Kreon Finnancial Services, acquired 998,123 equity shares in the company between June 3 and 4, 2026, through open market purchases. The acquisition raised the promoter group's stake from 55.60% to 60.54%, representing a 4.94% increase in voting rights. The shares were purchased at prevailing market prices, with the holding crossing the 60% threshold. The move underscores the promoter group's deepening commitment to the nano-cap financial services firm, which has a market capitalization of approximately ₹66 crores.
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Dec 8 (Reuters) - Kreon Finnancial Services Ltd KREN.BO:
APPROVED MEMORANDUM OF INTER CORPORATE DEPOSITS PROPOSED TO BE ENTERED INTO WITH SEDER HOUSING
MEMORANDUM OF INTER CORPORATE DEPOSITS FOR RECEIVING AMOUNT NOT EXCEEDING 300 MILLION RUPEES
Source text for Eikon: ID:nBSE48QQcP
Further company coverage: KREN.BO
(([email protected];))
Dec 8 (Reuters) - Kreon Finnancial Services Ltd KREN.BO:
APPROVED MEMORANDUM OF INTER CORPORATE DEPOSITS PROPOSED TO BE ENTERED INTO WITH SEDER HOUSING
MEMORANDUM OF INTER CORPORATE DEPOSITS FOR RECEIVING AMOUNT NOT EXCEEDING 300 MILLION RUPEES
Source text for Eikon: ID:nBSE48QQcP
Further company coverage: KREN.BO
(([email protected];))
Oct 9 (Reuters) - Kreon Finnancial Services Ltd KREN.BO:
NUMBER OF LOANS GREW BY 51% Y/Y IN Q2 FY24
REVENUE CLIMBED UP BY 78% Y/Y IN Q2 FY24
Source text for Eikon: ID:nBSEb47qCg
Further company coverage: KREN.BO
(([email protected];))
Oct 9 (Reuters) - Kreon Finnancial Services Ltd KREN.BO:
NUMBER OF LOANS GREW BY 51% Y/Y IN Q2 FY24
REVENUE CLIMBED UP BY 78% Y/Y IN Q2 FY24
Source text for Eikon: ID:nBSEb47qCg
Further company coverage: KREN.BO
(([email protected];))
July 3 (Reuters) - Kreon Finnancial Services Ltd KREN.BO:
Q1 VALUE OF DISBURSEMENTS UP BY 103%, Y/Y
Q1 NUMBER OF LOANS GREW BY 98% , Y/Y
Source text for Eikon: ID:nBSE9RjjPx
Further company coverage: KREN.BO
(([email protected];))
July 3 (Reuters) - Kreon Finnancial Services Ltd KREN.BO:
Q1 VALUE OF DISBURSEMENTS UP BY 103%, Y/Y
Q1 NUMBER OF LOANS GREW BY 98% , Y/Y
Source text for Eikon: ID:nBSE9RjjPx
Further company coverage: KREN.BO
(([email protected];))
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What does Kreon Financial Serv do?
Kreon Financial Services Ltd specializes in hire purchase and financing services.
Who are the competitors of Kreon Financial Serv?
Kreon Financial Serv major competitors are Available Finance, Baid Finserv, Upsurge Invest.&Fin., Pro Fin Capital Serv, Usha Financial Serv., Raama Finance, Virat Leasing. Market Cap of Kreon Financial Serv is ₹156 Crs. While the median market cap of its peers are ₹150 Crs.
Is Kreon Financial Serv financially stable compared to its competitors?
Kreon Financial Serv seems to be less financially stable compared to its competitors. Altman Z score of Kreon Financial Serv is 2.89 and is ranked 4 out of its 8 competitors.
Does Kreon Financial Serv pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kreon Financial Serv latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Kreon Financial Serv balance sheet?
The companies balance sheet of Kreon Financial Serv is weak, but was strong historically.
Is the profitablity of Kreon Financial Serv improving?
The profit is oscillating. The profit of Kreon Financial Serv is ₹7.25 Crs for TTM, -₹4.14 Crs for Mar 2025 and ₹0.62 Crs for Mar 2024.
Is Kreon Financial Serv stock expensive?
Yes, Kreon Financial Serv is expensive. Latest PE of Kreon Financial Serv is 21.46, while 3 year average PE is 19.47. Also latest Price to Book of Kreon Financial Serv is 4.32 while 3yr average is 3.56.
Has the share price of Kreon Financial Serv grown faster than its competition?
Kreon Financial Serv has given better returns compared to its competitors. Kreon Financial Serv has grown at ~185.9% over the last 1yrs while peers have grown at a median rate of -18.79%
Is the promoter bullish about Kreon Financial Serv?
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 Kreon Financial Serv is 55.6% and last quarter promoter holding is 55.6%.
Are mutual funds buying/selling Kreon Financial Serv?
There is Insufficient data to gauge this.