Team Guaranty Share Price

Overview 

Times Guaranty Limited, with its corporate operations in Mumbai, functions as a non-deposit accepting non-banking financial company (NBFC) engaged in investment and financial services. Times Guaranty Limited primarily focuses on investing its own funds in safe debt instruments and eligible deposits. Times Guaranty share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the financial services sector. The company’s financial health depends on investment income, portfolio performance, interest rate movements, and the deployment of funds across various financial instruments. Times Guaranty stock price is influenced by various factors such as earnings from investments, regulatory changes in the NBFC space, and broader economic conditions. In the longer run, strategies such as expanding lending operations, diversifying investment portfolios, and deepening client relationships affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements. 

Times Guaranty live share price provides real time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Times Guaranty live price helps in observing short term price volatility and shows how a stock moves relative to the broader financial services index. Furthermore, monitoring Times Guaranty stock price movements helps investors understand real time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook. 

Times Guaranty Limited was incorporated on November 27, 1989 and received its Certificate of Commencement of Business on December 4, 1989. The company was formerly known as Times Guaranty Finance Limited and changed its name to Times Guaranty Limited in December 1999. In June 2025, the company officially changed its name to Team India Guaranty Limited. Times Guaranty Limited is a subsidiary of Bennett, Coleman & Company Limited, the proprietors of the Times of India Group of Publications. The company is registered with SEBI as a Category I Merchant Banker and has membership of the Over The Counter Exchange of India (OTCEI). It also holds NBFC registration certification without accepting public deposits from the Reserve Bank of India. 

Times Guaranty Limited Company Fundamentals 

A. Company Background 

Times Guaranty Limited was originally established as Times Guaranty Financials Limited and incorporated on November 27, 1989. The company is engaged in providing investment and financial services in India. It operates primarily in the non-banking financial company segment, supplying solutions such as investment management, portfolio management, merchant banking, and lending services. Its operations are based in India, with corporate functions managed from its administrative offices in Mumbai, Maharashtra. Over time, the company has diversified into portfolio management services, trading in equities, and has recently commenced lending operations from June 2025 onwards. 

B. Company Product Lines 

• Investment Services

• Provides investment in safe debt instruments and eligible deposits.
  • Portfolio Management 

• Offers portfolio management services for own funds.
  • Merchant Banking 

• Provides Category I merchant banking services registered with SEBI.
  • Lending Operations 

• Offers retail and corporate lending services commenced in June 2025.
  • Financial Advisory 

• Provides financial advisory and money market related activities. 

C. Company Revenue Model 

• Investment Income

• Revenue generated through returns on investments in debt instruments and deposits.
  • Fee-Based Income 

• Contribution from merchant banking and advisory services.
  • Lending Income 

• Interest income from lending operations commenced in June 2025. 

Revenue performance is primarily influenced by investment returns, interest rates, and income from financial services. 

D. Geographic Presence 

• Corporate Headquarters

• Administrative and management functions based in Mumbai, Maharashtra, India.
  • Registered Office 

• Times Tower, 5th Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai.
  • Operational Presence 

• Operations primarily concentrated in India.
  • Client Base 

• Services focused on domestic clients within India. 

E. Key Milestones 

• 1989 – Incorporation: Times Guaranty Limited was incorporated as Times Guaranty Financials Limited.
  • 1991 – Portfolio Diversification: The company diversified into Portfolio Management Services.
  • 1993 – OTCEI Membership: Became an active player on the Over The Counter Exchange of India.
  • 1994 – Public Issue: Went public in August 1994 at a premium of ₹60.
  • 1995 – Strategic Restructuring: Made a conscious move to exit from fund based activities including leasing and hire-purchase.
  • 1997 – Deposit Scheme Closure: Discontinued the public fixed deposit scheme.
  • 1999 – Name Change: Changed name from Times Guaranty Finance Limited to Times Guaranty Limited.
  • 2024 – Change in Control: RBI granted approval for change in control and management on September 26, 2024.
  • 2024 – Management Transition: Change in control and management concluded on November 7, 2024.
  • 2025 – Name Change: Changed name to Team India Guaranty Limited via Postal Ballot on June 12, 2025.
  • 2025 – Lending Commencement: Commenced lending operations from June 2025. 

F. Industry Perspective 

The NBFC and financial services industry in India has emerged as a critical pillar of the country’s financial system. The Indian NBFC sector has demonstrated robust growth, with the total assets of NBFCs reaching approximately ₹50 lakh crore as of March 2025. The sector has grown at a compound annual growth rate (CAGR) of around 12–14% over the past five years, significantly outpacing the overall banking system growth. The Reserve Bank of India regulates over 9,600 NBFCs, with the top 50 NBFCs accounting for nearly 80% of the sector’s total assets. The Indian financial services market is projected to reach US$1.5 trillion by 2030, growing at a CAGR of approximately 10–12%. The NBFC sector’s contribution to total credit in India has increased from 15% in 2015 to nearly 22% in 2025, highlighting its growing importance in the financial ecosystem. Digital lending and fintech integration have emerged as key growth drivers, with digital lending platforms expected to facilitate over US$1 trillion in loans by 2030. The government’s focus on financial inclusion, along with initiatives such as the PM Mudra Yojana and the Stand-Up India scheme, has expanded the addressable market for NBFCs. However, the sector faces challenges including rising cost of funds, asset quality concerns, regulatory compliance burden, and competition from banks and fintech companies. The average gross non-performing assets (GNPAs) for NBFCs stood at around 3.5% in 2025, showing marginal improvement from previous years. The sector’s return on assets (ROA) averaged 2.1%, while return on equity (ROE) remained at approximately 11.5%. Looking ahead, the NBFC sector is expected to maintain a growth trajectory of 12–14% annually, driven by increasing credit demand, technological adoption, and expansion into underserved segments. 

Times Guaranty Limited Stock Market Presence: Listings & Index Representation 

Times Guaranty Limited is listed on the National Stock Exchange (NSE) under the ticker symbol TIMESGTY and on the Bombay Stock Exchange (BSE) with the scrip code 511559. Times Guaranty share price is actively traded on both exchanges, making it a closely followed small-cap financial services stock in India. The company has established a presence in the Indian equity market, with Times Guaranty share price frequently monitored by investors seeking exposure to the non-banking financial company sector. 

As a small-cap NBFC with a focused investment and financial services business, Times Guaranty Limited is a constituent of select indices, including the BSE Smallcap Index and various financial sector indices. Times Guaranty stock price carries significance within these indices, reflecting the company’s position in the Indian NBFC sector and its influence on broader market performance. Investors often track Times Guaranty stock price alongside major benchmark indices to evaluate the company’s performance relative to its peers and the overall market. Times Guaranty stock price is also tracked in the derivatives segment, where trading volumes and delivery patterns reflect expectations on financial services sector performance and regulatory policy actions. 

The company’s index representation enhances its visibility among investors, including mutual funds and retail participants. Owing to its stable promoter holding, debt-free balance sheet, and focused business model, Times Guaranty Limited has maintained a consistent presence in the Indian equity market. Times Guaranty share price remains a component in diversified investment portfolios, while movements in the company’s share value are often viewed as an indicator of broader trends within the small-cap NBFC segment. 

Times Guaranty Limited Stock Performance and Share Price History 

Times Guaranty share price on the NSE and BSE reflects the company’s position as a small-cap NBFC focused on investment and financial services. The performance of Times Guaranty stock price is primarily influenced by investment income, portfolio returns, interest rate movements, regulatory changes in the NBFC sector, and the recent transition into lending operations. Investors closely monitor Times Guaranty share price alongside other small-cap financial companies to assess the sector’s relative performance and valuation. Earnings announcements, management guidance, and macroeconomic developments continue to influence Times Guaranty share price across different market cycles. 

Investors closely monitor the Times Guaranty stock price to evaluate the company’s competitive position within the Indian NBFC sector and compare its performance with other small-cap financial companies. Earnings announcements, management guidance, and regulatory developments remain key factors influencing investor expectations. Corporate initiatives, including the transition to lending operations, change in control and management, and the recent name change to Team India Guaranty Limited, have also shaped expectations surrounding Times Guaranty share price. Although these strategic initiatives strengthen the company’s long-term outlook, they may trigger short-term volatility depending on execution and market conditions. The Times Guaranty stock price is also influenced by factors such as interest rate fluctuations, asset quality trends, and the pace of lending business expansion. Strong investment income and consistent execution often support the company’s valuation over the long term. 

While day-to-day movements are generally driven by news flow and quarterly earnings, long-term valuation is better assessed through annual highs and lows, which reflect changes in financial sector conditions, earnings visibility, and overall business performance. As a result, Times Guaranty stock price continues to be closely tracked by investors seeking exposure to India’s financial services sector. 

As of mid-2026, Times Guaranty share price trades around ₹229-235, compared with its 52-week high of ₹334.70 on NSE and ₹332.55 on BSE, while the 52-week low stands at ₹110.35 on NSE and ₹165.10 on BSE. This significant correction from the peak reflects the broader volatility witnessed across small-cap NBFC stocks amid changing regulatory landscape and market conditions. Despite the correction, Times Guaranty share price continues to exhibit characteristics of a small-cap stock with higher volatility than large-cap financial companies because of the company’s focused business model and ongoing transition phase. 

The company’s revenue performance remains closely linked to investment income and the newly commenced lending operations. Strong investment returns and successful lending business ramp-up have historically supported Times Guaranty share price, whereas slower income growth, regulatory headwinds, and market volatility have resulted in periods of consolidation. In addition, operational costs related to business expansion have periodically weighed on Times Guaranty share price. 

Times Guaranty stock price also responds to broader market sentiment, quarterly earnings and management commentary. Historically, Times Guaranty stock price has remained sensitive to RBI regulations, NBFC sector policies, interest rate changes, and economic growth prospects. Changes in investor sentiment, lower investment yields, and margin compression have periodically affected Times Guaranty stock price, while continued investments in lending infrastructure and portfolio diversification remain important long-term drivers for Times Guaranty stock price. 

Examining the long-term trend, Times Guaranty share price has delivered substantial wealth creation despite periodic corrections. Based on annual closing levels, Times Guaranty share price increased from ₹14.25 in 2016 to ₹36.60 in 2019, reflecting significant gains during the NBFC sector expansion. The stock continued its upward trajectory, reaching ₹66.91 in 2021 before climbing further to ₹166.42 in 2023, demonstrating the strong momentum in small-cap financial stocks. In 2024, Times Guaranty share price maintained strength before experiencing a correction in 2025-2026. Over the 2016-2025 period, Times Guaranty share price generated an approximate CAGR of 27.92% and cumulative returns of around 1,050%, highlighting substantial long-term value creation despite the ongoing correction. 

From a seasonality perspective, Times Guaranty share price has generally performed better during the October-December quarter, supported by year-end investment activity and stronger financial services sector sentiment. In contrast, the April-June quarter has frequently witnessed consolidation as investors assess annual results and economic conditions. Historical data also indicates that Times Guaranty share price has typically delivered stronger annual returns following periods of favourable regulatory policies and economic expansion, while returns moderated during years characterised by tighter regulations and slower economic growth. 

Performance analysis shows that Times Guaranty share price generally benefits from a stable interest rate environment and strong investment returns. Conversely, regulatory changes, rising cost of funds, and slower lending growth can compress margins and influence investor sentiment. During the ongoing correction, Times Guaranty share price has retreated from its 52-week high of ₹334.70 on NSE to around ₹229-235. Nevertheless, the company’s debt-free balance sheet, strong promoter backing, and strategic pivot to lending continue to support its long-term investment profile. 

Over the last 10 years, Times Guaranty Limited has delivered a cumulative return of approximately 1,050%, significantly outperforming many broader market indices and sector peers over the same period. This long-term performance indicates that while the company has remained a focused NBFC player, Times Guaranty share price has generated substantial returns for investors over the past decade. The outperformance has also been evident across shorter investment horizons. Times Guaranty stock price gained approximately 31.94% over the past year, compared with the broader market performance. Over the three-year and five-year periods, the stock delivered returns of 59.44% and 34.29% (CAGR), respectively, highlighting the strong medium-term performance of Times Guaranty share price compared with many peers. Despite the longer-term outperformance, recent trading activity has shown some weakness. Times Guaranty stock price declined around 3-4% in the latest trading sessions, with the stock moving between ₹225.10 and ₹248.70 on NSE. Investors continue to monitor Times Guaranty share price closely to assess whether this short-term weakness can be reversed amid evolving business strategy, corporate earnings performance, and economic conditions. 

Times Guaranty share price has delivered exceptional long-term returns but has faced significant pressure in the medium term. As of July 2026, Times Guaranty stock price gained approximately 1,050% over 10 years, significantly outperforming broader market indices. Over five years, the stock delivered a CAGR of 33.81%, while three-year returns stood at 59.44%, indicating strong historical performance. In the short term, Times Guaranty share price declined in recent trading sessions, but had previously shown gains over the past year. However, the stock remained under pressure over shorter periods, with the six-month return showing a decline of 23.02%. Times Guaranty share price analysis shows a mixed seasonal pattern. Among the last 10 calendar years, Times Guaranty recorded its strongest performance during the 2019-2023 period when the stock climbed from ₹36.60 to ₹166.42. Positive years were driven by strong NBFC sector performance and favourable economic conditions, while corrections occurred during periods of regulatory tightening and market volatility. 

A deeper analysis shows that Times Guaranty closed at varying levels as of July 2026, after trading between ₹225.10 and ₹248.70 on NSE during the day. Over the past decade, the stock has traded within a wide range of ₹14.25 to ₹166.42, leaving it approximately 40% below its 10-year high while remaining significantly above its 10-year low. During the past year, Times Guaranty touched a high of ₹334.70 on NSE and a low of ₹110.35 on NSE, illustrating the sharp correction experienced in recent quarters despite the stock’s exceptional long-term return profile. 

Times Guaranty Limited Investor Relevance and Role in Portfolio 

Times Guaranty Limited is a niche holding in small-cap and NBFC sector portfolios, providing investors with exposure to investment and financial services, portfolio management, merchant banking, and emerging lending operations. Times Guaranty share price is closely followed by market participants seeking exposure to India’s financial services sector, as the company remains a focused NBFC player with a debt-free balance sheet and strong promoter backing from Bennett, Coleman & Company Limited. 

The company’s inclusion in the BSE Smallcap Index reinforces its significance within India’s NBFC and financial services ecosystem. Times Guaranty stock price is tracked by domestic and international investors, mutual funds, and retail participants because of its unique business model, small-cap status, and consistent promoter presence in the portfolio. In addition, the company’s debt-free balance sheet, consistent cash generation, and established presence in investment services make it a key constituent in focused financial sector portfolios. Consequently, Times Guaranty stock price remains an important indicator for investors assessing trends in the Indian NBFC sector and the broader financial services industry. 

Times Guaranty share price is influenced by the company’s ownership structure. Times Guaranty’s equity is held by a broad mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s NBFC sector. Promoters, primarily Bennett, Coleman & Company Limited, hold a stable majority stake of 74.92 percent, reflecting strong internal control with no shares pledged. Foreign institutional investors hold 2.08 percent, and their holdings have increased from previous quarters. Mutual funds hold 0.01 percent. Domestic institutional investors hold 0.05 percent. The public and other investors hold the remaining stake. The company’s management includes Anita Rajendra Malusare as Chief Executive Officer and Executive Director. This investor base, with stable promoter participation, underscores the company’s role as a holding in both domestic and international portfolios concentrating on financial services. 

Beyond fundamentals and ownership, Times Guaranty share price is actively monitored in cash and derivatives market segments, where trading volumes and delivery patterns reflect expectations on NBFC sector performance, interest rates, and regulatory policy actions. Times Guaranty stock price is available for trading on both major Indian exchanges, allowing investors to take positions based on their outlook for the NBFC sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements. Technical indicators provide additional insight into short term momentum shifts in Times Guaranty share price. While these indicators are primarily used for near term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. 

Based on available data, the stock’s beta indicates moderate to high volatility compared to the broader market, which is characteristic of small-cap stocks. For the long-term range (monthly tick over 4 years, with NIFTY50 as base), the beta is 0.98, the mean is 143.65, and the standard deviation is 8.45. For the daily one month range, the beta is 1.35, the mean is 187.50, and the standard deviation is 3.20. For the daily three month range, the beta is 1.28, the mean is 215.30, and the standard deviation is 4.10. For the weekly one year range, the beta is 1.22, the mean is 195.80, and the standard deviation is 5.60. For the weekly two year range, the beta is 1.18, the mean is 150.20, and the standard deviation is 6.30. For the 2 week two year range, the beta is 1.32, the mean is 148.90, and the standard deviation is 8.75. For the monthly two year range, the beta is 1.10, the mean is 145.40, and the standard deviation is 11.20. The company has effectively no debt, reflecting a strong balance sheet with net cash position. 

Overall, Times Guaranty demonstrates a higher volatility profile compared to the broader market, with the stock generally considered to have moderate systematic risk. This makes it more sensitive to broader market movements compared to large-cap financial companies, though it remains exposed to sector specific factors such as NBFC regulations, interest rate changes, and lending business growth. 

Times Guaranty Limited Sectoral Relevance and Peer Positioning 

Times Guaranty Limited sector relevance stems from its three decade presence in the NBFC and financial services industry, its status as a Category I Merchant Banker, and its recent strategic pivot to lending operations. Peer comparisons with companies like Bajaj Finance, Jio Financial Services, Cholamandalam Investment & Finance Company, Shriram Finance, Muthoot Finance, Bajaj Finserv, and Tata Capital focus on revenue growth, asset quality, return ratios, and lending business scale rather than short term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of NBFC sector performance, interest rate trends, and economic growth further highlights Times Guaranty positioning within the broader Indian financial services market. 

Times Guaranty market cap highlights its position as a small-cap player within the NBFC and financial services sector. The company’s market capitalization has moved in line with investor perceptions of the company’s growth potential following its strategic pivot to lending and financial services. Examining Times Guaranty year-end market capitalization over the past decade reveals a pattern of substantial growth punctuated by periodic corrections. In 2016, the market cap stood at approximately ₹12.82 crore, before rising to ₹32.91 crore in 2019 and ₹60.18 crore in 2021. A significant surge occurred in 2023, pushing the market cap to approximately ₹149.76 crore, followed by further growth to ₹204.12 crore in 2026. However, recent corrections have impacted the market cap, which currently stands at approximately ₹204-237 crore. Over this ten-year period, Times Guaranty’s market cap has experienced a compound annual growth rate of approximately 33.81%, reflecting the company’s ability to create substantial shareholder value despite recent headwinds. 

Times Guaranty earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed trends supported by the core investment and financial services business. The company’s revenue from operations increased from ₹3.24 crore in FY24 to ₹3.69 crore in FY25, supported by strong investment income. Times Guaranty earnings, measured by profit after tax, have demonstrated growth over the past decade, reflecting the company’s operational strength. In fiscal year 2016, the company reported net profit of approximately ₹0.12 crore, which grew to ₹2.36 crore in FY20, ₹8.74 crore in FY21, ₹2.72 crore in FY22, ₹1.96 crore in FY23, ₹3.24 crore in FY24, and ₹3.69 crore in FY25. Over the past decade, Times Guaranty earnings have grown at a CAGR of approximately 40.5%, driven by strong investment returns and effective cost management despite economic uncertainties and evolving business conditions. 

Times Guaranty EPS reflects its operational performance and ability to generate consistent profits from its investment and financial services business. Basic EPS has shown growth, increasing from ₹0.04 in FY16 to ₹4.88 in FY21, ₹1.53 in FY22, ₹2.61 in FY23, ₹2.82 in FY24, ₹2.25 in FY25, and ₹0.80 in FY26. Over the past decade, EPS has grown from ₹0.04 in FY16 to ₹0.80 in FY26, representing a compound annual growth rate (CAGR) of approximately 35.1%. This consistent upward trend highlights Times Guaranty’s profitability and resilience despite economic uncertainties, changing market conditions, and evolving business strategy in the NBFC industry. 

Times Guaranty P/E ratio reflects investor expectations of the company’s earnings growth and future prospects. The ratio has fluctuated over the years in response to changing market sentiment, industry conditions, and business performance. It increased from 295.35 in FY21, moderated to 65.10 in FY22, 46.14 in FY23, 47.24 in FY24, 31.74 in FY25, and currently stands at approximately 283.81. The elevated P/E ratio reflects the market’s pricing of the company’s growth potential following its strategic pivot to lending operations and the change in control and management. 

Summary 

Times Guaranty Limited operates as a non-banking financial company focused on investment services and emerging lending operations. The company maintains a debt-free balance sheet with stable promoter holding of 74.92 percent. Times Guaranty share price reflects the company’s strategic transition and evolving business model. The company’s performance is influenced by investment income, regulatory environment, and lending business development. Investors track Times Guaranty stock price for exposure to India’s NBFC sector and its growth potential.