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List of Specialized Finance Stocks in India (2026)

Specialized finance stocks include niche NBFCs serving microfinance, infrastructure, or gold loan segments—sensitive to regulation and interest rates.

Top Specialized Finance Stocks in 2026

Specialized Finance Stock Screener

Specialized Finance Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 107 results

last updated at 6:30 AM IST 
NameStocks (107)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Indian Railway Finance Corp LtdIRFCSpecialized FinanceSpecialized Finance1,45,635.431,45,635.43111.44111.4422.4022.40-1.84-1.84-9.51-9.51-11.31-11.31-11.95-11.952.772.7712.7712.771.401.401.441.447.837.832.382.38
2.Power Finance Corporation LtdPFCSpecialized FinanceSpecialized Finance1,32,185.581,32,185.58400.55400.555.755.75-2.44-2.447.567.56-4.12-4.124.174.170.850.8515.8915.893.463.463.943.946.266.262.242.24
3.REC LimitedRECLTDSpecialized FinanceSpecialized Finance91,346.5491,346.54346.90346.905.755.75-1.08-1.08-6.87-6.87-10.40-10.40-15.32-15.321.171.1721.5021.503.513.515.195.196.336.332.322.32
4.Rail Vikas Nigam LtdRVNLSpecialized FinanceSpecialized Finance64,416.7064,416.70308.95308.9550.2750.27-1.51-1.51-8.26-8.26-5.32-5.32-18.55-18.556.736.7314.0114.0114.7614.760.560.560.570.573.053.05
5.Authum Investment & Infrastructure LtdAIILSpecialized FinanceSpecialized Finance41,302.0841,302.08486.35486.359.749.74-1.89-1.89-23.26-23.26-18.61-18.6143.3043.302.812.8133.8833.8825.5625.560.030.030.070.073.623.62
6.Housing and Urban Development Corporation LtdHUDCOSpecialized FinanceSpecialized Finance39,191.2039,191.20195.77195.7714.4714.47-3.05-3.05-10.07-10.07-6.90-6.901.671.672.182.1815.6715.672.982.982.122.125.975.972.772.77
7.Indian Renewable Energy Development Agency LtdIREDASpecialized FinanceSpecialized Finance34,710.8634,710.86123.56123.5620.4420.44-1.33-1.33-12.61-12.61-14.34-14.34-30.22-30.223.383.3818.0418.042.812.81--6.316.312.742.74
8.Sagility LtdSAGILITYSpecialized FinanceSpecialized Finance22,156.7322,156.7347.3347.3341.1041.10-2.37-2.37-6.85-6.854.324.32-5.11-5.112.662.667.307.309.039.03--0.170.172.972.97
9.IFCI LtdIFCISpecialized FinanceSpecialized Finance16,939.1516,939.1562.8762.8799.0499.041.571.5710.2210.2217.8017.8031.4431.441.121.121.501.503.793.79--0.250.253.963.96
10.SBFC Finance LtdSBFCSpecialized FinanceSpecialized Finance10,605.2010,605.2096.7596.7530.7130.71-1.37-1.37-4.73-4.73-6.40-6.4013.9313.933.323.3211.5711.575.435.43--1.651.652.722.72
11.Tourism Finance Corporation of India LtdTFCILTDSpecialized FinanceSpecialized Finance3,464.923,464.9274.8474.8433.3733.370.750.7516.7216.7225.6825.68192.00192.002.852.859.019.016.166.160.800.800.710.714.204.20
12.Muthoot Microfin LtdMUTHOOTMFSpecialized FinanceSpecialized Finance3,189.543,189.54190.30190.30-14.33-14.331.861.861.931.9322.8922.8929.5429.541.211.21-8.19-8.19-2.69-2.69--3.083.083.393.39
13.SG Finserve LtdSGFINSpecialized FinanceSpecialized Finance2,191.362,191.36405.40405.4027.0527.05-2.18-2.18-1.60-1.604.444.441.821.822.162.168.908.904.594.59--1.361.362.792.79
14.PTC India Financial Services LtdPFSSpecialized FinanceSpecialized Finance2,120.182,120.1833.0133.019.779.77-1.58-1.580.980.98-15.73-15.73-6.65-6.650.770.778.208.204.964.96--1.041.042.862.86
15.Mufin Green Finance LtdMUFINSpecialized FinanceSpecialized Finance2,042.052,042.05116.49116.49104.13104.13-2.12-2.120.200.2025.7425.7443.8143.817.587.587.647.642.632.63--2.652.654.024.02
16.Haryana Financial CorpHARAFINSpecialized FinanceSpecialized Finance1,661.261,661.2680.0080.00-1,66,126.48-1,66,126.480.000.00-4.53-4.5331.2631.26189.12189.127.417.4111.3411.340.030.03--0.000.004.354.35
17.Grand Oak Canyons Distillery LtdGRANDOAKSpecialized FinanceSpecialized Finance1,548.871,548.8729.8529.85-309.77-309.77-1.81-1.81-20.65-20.6545.6845.6811.7611.761.821.82-1.17-1.17-0.59-0.59--3.123.125.325.32
18.Saraswati Commercial (India) LtdZSARACOMSpecialized FinanceSpecialized Finance1,323.171,323.1712,100.0012,100.0024.7624.76-1.52-1.52-6.92-6.92-9.05-9.05-10.90-10.901.361.366.386.386.226.22--0.040.043.203.20
19.Nisus Finance Services Co LtdNISUSSpecialized FinanceSpecialized Finance670.74670.74280.90280.9020.8220.82-4.84-4.841.451.45-25.48-25.48-20.57-20.574.114.1132.7132.7125.0825.08--0.060.064.074.07
20.CSL Finance LtdCSLFINANCESpecialized FinanceSpecialized Finance582.43582.43259.00259.008.088.08-1.41-1.41-11.00-11.00-16.67-16.67-5.72-5.721.081.0814.1914.197.987.981.171.171.291.293.623.62

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Specialized Finance | Market Cap: Sorted from Highest to Lowest

Union Budget 2026-27 Updates Affecting the Financial Sector

Union Budget 2026–27 combined financial-sector reforms with capital-market and tax changes that can influence banking structure, bond market depth, foreign portfolio flows, and trading costs in the derivatives market.

  1. Banking sector review: Proposal to set up a “High Level Committee on Banking for Viksit Bharat” to review the sector with a focus on financial stability, inclusion, and consumer protection.
  2. NBFC restructuring: Proposal to restructure Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) as a first step to improve scale and efficiency in public sector NBFCs.
  3. Foreign investment rules: Proposal for a comprehensive review of FEMA (Non-debt Instruments) Rules to make the foreign investment framework more contemporary and user-friendly.
  4. Securities Transaction Tax (STT) Changes: Futures: STT on equity futures increased from 0.02% to 0.05%. Options (premium): STT on options premium increased from 0.10% to 0.15%. Options (exercise): STT on exercised options increased from 0.125% to 0.15%.
  5. Buyback Tax Overhaul: Buyback taxation was restructured so that buyback gains for all shareholders (not just non-corporate shareholders) are taxed under capital gains, aligning the tax treatment across investor types. For promoter shareholders, the effective tax rate on buyback gains can rise up to 22% (corporate) and 30% (non-corporate), depending on the tax profile of the investor.

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Frequently Asked Questions on Specialized Finance Stocks

  1. What are Specialized finance?

    Specialized finance stocks include firms offering niche services like microfinance, infrastructure finance, or rural lending. Examples include MFI-focused firms like CreditAccess Grameen.

  2. How to invest in Specialized finance?

    Here’s how you can invest in Specialized finance stocks:
    1. Go to the Tickertape Stock Screener.
    2. In the 'Financials' sector, select the ‘Specialized Finance’ sub-sector.
    3. Analyse and sort the Specialized finance using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Specialized finance stocks.

    Disclaimer - Please do your own research or consult your financial advisor before investing.

  3. What are some of the top Specialized finance companies listed on NSE?

    Top NSE-listed Specialized Finance stocks in India based on market capitalisation include:
    1. Indian Railway Finance Corp Ltd
    2. Power Finance Corporation Ltd
    3. REC Limited
    4. Rail Vikas Nigam Ltd
    5. Indian Renewable Energy Development Agency Ltd

    Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

  4. What are the factors affecting Specialized finance prices?

    Specialty niche demand, regulation, cost of capital, and focus area affect price movements.

  5. What is the future projection of Specialized finance?

    India's central bank has allowed the securitisation of stressed assets, deepening the junk debt market and attracting foreign investors to specialised finance.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  6. How to choose Specialized finance for investing?

    Analyse niche market expertise, client relationships, and regulatory adherence.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Do Specialized finance offer regular dividends?

    Focused on niche lending like infrastructure or asset leasing, this sector sees uneven earnings. Dividend payouts vary and depend on credit cycles and profitability.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  8. Is Specialized finance a good investment for the long term?

    Specialised finance is growing, supported by government initiatives and increased demand for niche financial services. The sector is adapting to changing economic conditions and consumer needs.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.