Focus Business SolutionShare price, financial results, shareholding and management
- Market cap
- ₹228 cr
- Stock P/E
- 262.2peers 16.5
- Book value
- ₹11.2
- Price to book
- 27.95
- EV / operating profit
- -
- Market cap to sales
- 9.46
- ROCE · FY26
- 14.9%
- ROE · FY26
- 11.2%
- ROE, 3-year average
- 12.1%
- Operating margin · FY26
- 6.7%peers 7.8%
- Sales growth, 3 years
- 9.5%
- Profit growth, 3 years
- 25.5%
- Debt to equity
- 0.01peers 0.00
- Borrowings
- ₹0.1 cr
- Interest cover
- 117.0×
- Cash from business / op. profit
- 31%
- Debtor days
- 73
- Pledged
- 0.00%
- Promoter holding
- 74.67%
- Change in promoter holding
- -0.08 pts
- Shareholders
- 115
- 52-week high / low
- ₹313 / ₹124
- Dividend yield
- Paid
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
Focus Business Solution share price chart
Close on 3 Nov 2026 · +0.97% on the day · Vol 2,133
Daily prices to 3 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 3 Nov 2026
- 1 month
- +9.8%
- 3 months
- +55.0%
- 6 months
- +101.9%
- 1 year
- +125.2%
- Traded a day, 20 days
- ₹0.06 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +1% | +18% |
| 3 years, a year | +10% | +26% |
| Latest half, H2 FY26 | -13% | -53% |
About Focus Business Solution: business, products and customers
Focus Business Solution chases overdue loans for banks and finance companies, by phone, by field visits and through legal notices, and is paid a fee for the work. Its shares trade on BSE SME.
The company was set up in Surat in 2006 by Mohamedyaseen Muhammadbhai Nathani and Mohamedamin Mohammad Nathani and has agreements with banks, finance companies and other lenders to act as their authorised recovery and collection agent. Its services run from tele-calling, automated voice calls and e-mail reminders to field visits, tracing and verification of borrowers, and legal recovery work. All of its revenue is professional fees billed to the lenders; borrowers do not pay it anything.
The business model shapes the numbers. This is a people business with almost no machinery or stock: most of the work is done by about thirteen hundred collectors hired on contract, whose cost is booked as job work and takes well over half of every rupee of fees, while the payroll staff and offices take most of the rest. So the margin is thin and moves with how much each collector recovers and what the lenders agree to pay; the company carries no bank debt beyond a car loan, and the money tied up is mainly fees waiting to be paid by the lenders.
Read more about the business
The annual reports name no rivals. They describe intense competition in collection outsourcing, say there are no entry barriers, and list dependence on lenders' volumes and on trained field staff as the main weaknesses.
What is new: shareholders were asked in September 2026 to widen the company's objects to include textiles and hospitality such as hotels, co-living and food outlets, which the board says can be taken up alongside or apart from debt collection.
From the annual reports for FY26 and FY25.
Read the deeper study ↓In its favour
- It has little debt for its size: debt to equity 0.01.
- The promoters own a large part of the company: 74.67%.
- It paid a dividend in the past year.
To watch
- Whether shareholders approved the new textile and hospitality objects at the September 2026 meeting, and any move into them (Annual report FY26, p.19 and p.20).
- The proposed rise in the two promoter directors' pay to ₹60 lakh a year each (Annual report FY26, p.20 to p.22).
- Fees owed by lenders and the balance due from Focus Business Support Service (Annual report FY26, p.73 and p.77).
- Growth from the expansion into other states paid for by the April 2024 preferential issue (Annual report FY25, p.37 and p.38).
- Customers take longer to pay than before: 73 days in FY26, against 5 in FY18.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
Focus Business Solution revenue and profit growth
Half-yearly results · Profit and lossSales have grown steadily. Last year profit grew faster than sales, so the company kept more from each rupee of sales.
SME companies report every six months. In the latest half, sales were lower than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Focus Business Solution half-yearly results
SME companies report every six months · ₹ crore
| H1FY23 | H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 8.52 | 9.85 | 10.27 | 11.08 | 10.67 | 13.24 | 12.59 | 11.52 |
| Expenses | 8.20 | 9.15 | 9.74 | 10.38 | 10.23 | 12.17 | 11.50 | 10.99 |
| Operating profit | 0.32 | 0.70 | 0.52 | 0.70 | 0.44 | 1.07 | 1.09 | 0.53 |
| OPM | 3.8% | 7.1% | 5.1% | 6.3% | 4.2% | 8.1% | 8.6% | 4.6% |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0 |
| Depreciation | 0.21 | 0.24 | 0.22 | 0.25 | 0.23 | 0.34 | 0.28 | 0.21 |
| Profit before tax | 0.13 | 0.46 | 0.30 | 0.47 | 0.22 | 0.77 | 0.81 | 0.36 |
| Net profit | 0.10 | 0.34 | 0.23 | 0.32 | 0.17 | 0.57 | 0.60 | 0.27 |
Focus Business Solution profit and loss
Full years to March, FY18 to FY26 · ₹ crore, consolidated where reported
| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 10.24 | 10.74 | 10.91 | 11.41 | 13.92 | 18.36 | 21.35 | 23.91 | 24.11 |
| Expenses | 9.97 | 10.38 | 10.53 | 10.84 | 13.28 | 17.34 | 20.12 | 22.39 | 22.49 |
| Operating profit | 0.27 | 0.36 | 0.38 | 0.57 | 0.64 | 1.03 | 1.22 | 1.51 | 1.62 |
| OPM | 2.6% | 3.4% | 3.5% | 5.0% | 4.6% | 5.6% | 5.7% | 6.3% | 6.7% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.02 | 0.05 | 0.05 |
| Interest | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0.01 |
| Depreciation | 0.11 | 0.16 | 0.15 | 0.41 | 0.38 | 0.45 | 0.47 | 0.56 | 0.49 |
| Profit before tax | 0.15 | 0.18 | 0.21 | 0.15 | 0.25 | 0.59 | 0.77 | 0.99 | 1.16 |
| Tax rate | 26.7% | 27.8% | 28.6% | 26.7% | 28.0% | 25.4% | 28.6% | 25.3% | 25.0% |
| Net profit | 0.11 | 0.12 | 0.15 | 0.11 | 0.19 | 0.44 | 0.55 | 0.74 | 0.87 |
| EPS ₹ | · | · | 0.68 | 0.24 | 0.30 | 1.53 | 1.37 | · | · |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 19.2% | 0.0% | 6.2% | 8.4% |
Earnings per share is left blank where the source shows zero against a profit.
Focus Business Solution profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a moderate return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 2.6% | 3.4% | 3.5% | 5.0% | 4.6% | 5.6% | 5.7% | 6.3% | 6.7% |
| Tax rate | 26.7% | 27.8% | 28.6% | 26.7% | 28.0% | 25.4% | 28.6% | 25.3% | 25.0% |
| ROCE | · | 26.1% | 14.4% | 7.0% | 8.6% | 15.2% | 15.9% | 15.3% | 14.9% |
| ROE | · | 20.7% | 10.8% | 5.0% | 6.4% | 11.5% | 12.8% | 12.4% | 11.2% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 19.2% | 0.0% | 6.2% | 8.4% |
Focus Business Solution debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. It has almost no borrowings. Last year the business brought in less cash than it showed as profit, so part of the profit is still to be collected. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Focus Business Solution balance sheet
At each 31 March · ₹ crore
| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 0.01 | 0.01 | 0.79 | 1.58 | 2.22 | 2.22 | 4 | 4.61 | 7.29 |
| Reserves | 0.51 | 0.63 | 1.35 | 0.67 | 1.44 | 1.79 | 0.59 | 2.70 | 0.90 |
| Net worth | 0.52 | 0.64 | 2.14 | 2.25 | 3.66 | 4.01 | 4.59 | 7.31 | 8.19 |
| Borrowings | 0.11 | 0.26 | 0.15 | 0.05 | 0.12 | 0.08 | 1.02 | 0.14 | 0.09 |
| Other liabilities | 2.82 | 3.26 | 1.61 | 1.64 | 0.24 | 1.06 | 1.04 | 0.69 | 0.67 |
| Total liabilities | 3.45 | 4.16 | 3.90 | 3.94 | 4.02 | 5.15 | 6.65 | 8.14 | 8.95 |
| Fixed assets | 0.29 | 0.60 | 0.81 | 0.72 | 0.88 | 0.83 | 0.87 | 0.92 | 0.75 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 3.16 | 3.56 | 3.09 | 3.22 | 3.14 | 4.32 | 5.78 | 7.22 | 8.20 |
Focus Business Solution cash flow
₹ crore
| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 0.98 | · | -0.99 | 0.91 | -1.17 | 0.98 | -1.03 | 1.26 | 0.50 |
| Cash from investing | -0.16 | · | -0.37 | -0.32 | -0.54 | -0.42 | -0.51 | -0.62 | -0.32 |
| Cash from financing | 0.02 | · | 1.24 | -0.12 | 1.29 | -0.06 | 0.94 | 1.13 | -0.05 |
| Net cash flow | 0.84 | · | -0.12 | 0.47 | -0.42 | 0.50 | -0.60 | 1.77 | 0.13 |
Working capital
Days
| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 5 | 7 | 7 | 10 | 23 | 38 | 68 | 54 | 73 |
| Cash conversion cycle | 5 | 7 | 7 | 10 | 23 | 38 | 68 | 54 | 73 |
| Working capital days | -40 | -39 | 10 | -6 | 35 | 24 | 57 | 52 | 66 |
Focus Business Solution peers and competitors
Listed SME companies in the same industryBy sales, Focus Business Solution is number 20 of the 33 listed SME companies in it - software.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Paramatrix Technologies | 63 | 24.1 | 28.9 | 2.6 | 2.6% | 0.21 |
| Olatech Solutions | 26 | 16.0 | 27.6 | 1.6 | 13.1% | 0.52 |
| Focus Business Solution | 228 | 262.2 | 24.1 | 0.9 | 6.7% | 0.01 |
| Ace Alpha Tech | 288 | 19.2 | 24 | 15 | 79.0% | 0.00 |
| Quicktouch Technologies | 18 | - | 22.3 | -9.5 | -22.4% | 0.68 |
| Austere Systems | 44 | 8.7 | 22.3 | 5 | 28.2% | 0.00 |
| Yudiz Solutions | 23 | - | 21.8 | -0.2 | -0.8% | 0.00 |
| Logiciel Solutions | 24 | 10.2 | 20.7 | 2.4 | 10.7% | 0.00 |
| Wherrelz IT Solutions | 5 | 23.9 | 19.7 | 0.2 | 1.1% | - |
| Micropro Software Solutions | 26 | - | 18.9 | -1.3 | 4.8% | 0.08 |
| Mobilise App Lab | 92 | 16.5 | 18.4 | 5.6 | 44.6% | 0.00 |
| Median of the 10 others | 26 | 16.5 | 22 | 2 | 7.8% | 0.00 |
Focus Business Solution shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company, a little more than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has grown a lot.
Focus Business Solution shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Mar 23 | Sep 23 | Mar 24 | Apr 24 | Sep 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.11% | 71.11% | 71.11% | 74.88% | 74.88% | 74.75% | 74.75% | 74.67% |
| Number of shareholders | 58 | 59 | 70 | 70 | 68 | 94 | 118 | 115 |
Focus Business Solution study: the business from its own documents
Read from 3 of the company's own documentsFocus Business Solution key facts from the filings
Each figure with the document it comes from
- Revenue FY26
- ₹24.1 cr
- Fees from lenders in FY26, almost flat on ₹23.9 cr in FY25.Annual report FY26, p.29 and p.74
- Profit after tax FY26
- ₹0.87 cr
- Up from ₹0.74 cr; the net margin the company reports is 3.61% of revenue.Annual report FY26, p.29 and p.79
- Contract collectors' cost
- ₹14.3 cr
- Job work expense in FY26, the largest cost and more than half of revenue.Annual report FY26, p.75
- People
- 1,439
- Staff across branches at March 2026: 99 on the payroll and 1,340 on contract.Annual report FY26, p.52 and p.55
- Fees owed by lenders
- ₹4.8 cr
- Trade receivables at March 2026, up from ₹3.5 cr while revenue barely moved.Annual report FY26, p.67 and p.73
Show 5 more facts
- Cash and deposits
- ₹3.0 cr
- Bank balances, fixed deposits and cash at March 2026; the only borrowing is a car loan of ₹0.09 cr.Annual report FY26, p.67, p.71 and p.74
- New objects
- Textiles, hospitality
- Shareholders asked to add textile, hotel, co-living and food businesses to the company's objects at the September 2026 meeting.Annual report FY26, p.19 and p.20
- Directors' pay proposed
- ₹60 lakh each
- Proposed yearly pay for the managing director and the whole-time director, against ₹24 lakh each drawn in FY26.Annual report FY26, p.20 to p.22 and p.25
- Related-party work
- ₹1.2 cr
- Job work recorded with Focus Business Support Service, a proprietorship of the managing director, in FY26, with ₹1.2 cr outstanding at March 2026.Annual report FY26, p.77
- Bonus issue
- 26,72,224 shares
- Bonus shares allotted in July 2025, taking the share count to 72,87,124.Annual report FY26, p.30
What the company said, and what happened
The company's own statements, attributed, set against what it later reported; not newboard's estimates
The company gives no guidance on sales or profit. It says it aims for coverage across India and to widen its client base, and the board has asked shareholders to allow new businesses in textiles and hospitality. The FY25 annual report said the ₹2.0 cr raised by a preferential issue in April 2024 had been fully used to expand into other states and fund the working capital that needed.
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
The company earns a fee for recovering overdue loans for lenders, using a large team of contract collectors, and keeps only a thin slice of each rupee.
Its weak spots are that lenders set the terms, anyone can enter the trade, and the board is now looking at unrelated businesses.
WatchCan it set its own prices?No. Fees are set with the banks and finance companies it works for, and the margin left after paying collectors is thin.
WatchHow strong is it against rivals?Two decades of experience and lender relationships help, but the company itself says the trade has no entry barriers and competition is intense.
AverageWho are its customers?Banks, finance companies and other lenders, which pay reliably but can change how much work they hand out or bring it in house.
StrongDoes it need a lot of money?No. It owns little equipment and has no bank debt beyond a car loan; the main money tied up is fees waiting to be paid.
AverageCan it keep finding new work?More lending in India means more overdue accounts to chase, and the company aims to reach more states, but revenue was flat in the latest year.
AverageDo good and bad years swing a lot?Fees have risen steadily for several years, but they depend on lenders' credit cycles and on rules for recovery agents.
Who runs Focus Business Solution?
Promoters, directors and officers; tap a name for the background
MMMohamedyaseen Muhammadbhai NathaniPromoter, Chairman and Managing Director
Founder and director since incorporation in 2006; graduate with over 22 years in banking and financial services, responsible for overall management and operations. Also founder and director of Nathani Software Private Limited, which develops software for debt recovery used by the company. The annual report records Mohamedyaseen Muhammadbhai Nathani as the brother of the Whole-time Director.
Annual report FY26, p.24 to p.26MMMohamedamin Mohammad NathaniPromoter and Whole-time Director
Director since incorporation in 2006; graduate with over 22 years in banking and financial services, overseeing day-to-day operations, manpower planning, team supervision and client coordination. The annual report records Mohamedamin Mohammad Nathani as the brother of the Managing Director.
Annual report FY26, p.24 to p.26MIMohammed Ilyas ShaikhChief Financial Officer
Chief Financial Officer and key managerial person at March 2026.
Annual report FY26, p.4 and p.31AMAnshul MehraCompany Secretary and Compliance Officer
Company secretary since November 2025.
Annual report FY26, p.48PAPareshkumar Arjanbhai PatelIndependent Director
Chairs the audit, nomination and remuneration, and stakeholders' relationship committees.
Annual report FY26, p.33 and p.34SBSaba Banu BawaniIndependent Director
Woman independent director; member of the audit, nomination and remuneration, and stakeholders' relationship committees.
Annual report FY26, p.4 and p.33TMTushar Mohanlal MistryIndependent Director
Independent director and committee member; attended four of eight board meetings in FY26.
Annual report FY26, p.33 and p.34Focus Business Solution latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹11.5 cr (-13%), net profit ₹0.3 cr (-53%) on H2 FY25.
- Shareholding, 31 March 2026: promoters 74.75% to 74.67%.
Focus Business Solution announcements
7 on record, latest first; each opens the filing on the exchange
- Company UpdateCompliances-Certificate under Reg. 75 (5) of SEBI (DP) Regulations, 2018PDF ↗
- Company UpdateAlteration in Memorandum of AssociationPDF ↗
- Corp ActionDeclaration of Final Dividend of Rs. 0.10/- per equity share, for the year ended March 31, 2026PDF ↗
- Company UpdateAppointment of Statutory AuditorPDF ↗
- AGM/EGMScrutinizer''s Report/ Voting Results of 19th AGM held on 28.09.2026PDF ↗
- AGM/EGMProceedings of 19th Annua General Meeting of the company held on September 28, 2026PDF ↗
- Insider Trading / SASTClosure of Trading WindowPDF ↗
Focus Business Solution annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Focus Business Solution share split, bonus and dividends
From the corporate actions the company announces on the exchange
- DividendFinal Dividend - Rs. - 0.1000ex-date 18 Sept 2026
- Bonus issueBonus issue 29:50ex-date 21 July 2025
- DividendInterim Dividend - Rs. - 0.1000ex-date 28 Nov 2024
Checks we ran on Focus Business Solution's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- iThe shares traded on only 64 days in the past year, so the price, its range and the returns here rest on few trades.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (72,87,124 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY18 to FY26.
- iPrices run to the close on 7 Oct 2026, from the exchange's daily figures.
Questions people ask about Focus Business Solution
What does Focus Business Solution do?
Focus Business Solution chases overdue loans for banks and finance companies, by phone, by field visits and through legal notices, and is paid a fee for the work. Its shares trade on BSE SME.
What is the share price of Focus Business Solution?
₹313 at the close on 3 Nov 2026, from the exchange's daily figures.
What is the market cap of Focus Business Solution?
₹228 cr at the close on 3 Nov 2026, on 72,87,124 shares.
What is the P/E of Focus Business Solution?
262.2 times FY26 profit at the close on 3 Nov 2026 (our arithmetic).
What are Focus Business Solution's revenue and profit?
Revenue ₹24 cr and profit after tax ₹1 cr in FY26.
Who are the promoters of Focus Business Solution?
Mohamedyaseen Muhammadbhai Nathani, Mohamedamin Mohammad Nathani; promoters held 74.67% at 31 March 2026.
What is Focus Business Solution's website?
www.focusbsl.com
More SME companies like Focus Business Solution
Other listed SME companies in it - software, the closest in size first, each read from its own documents.
- All E TechnologiesALLETEC · NSE Emerge · IT - Software · listed 2022Market cap ₹235 cr
- Fidel SoftechFIDEL · NSE Emerge · IT - Software · listed 2022Market cap ₹248 cr
- ENS EnterprisesENS · BSE SME · IT - SoftwareMarket cap ₹183 cr
- Ace Alpha TechACEALPHA · BSE SME · IT - SoftwareMarket cap ₹289 cr
- Capitalnumbers InfotechCNINFOTECH · BSE SME · IT - SoftwareMarket cap ₹178 cr
- Kratikal TechKRATIKAL · BSE SME · IT - SoftwareMarket cap ₹177 cr
Built from 3 annual reports, 7 exchange announcements, 8 shareholding patterns and 9 years of reported results. Every figure carries its source; where the documents are silent, the page says so.