Key Highlights
Strong growth in AUM over the last fiscal to INR 1,111 crore in Sep24 from INR 686 crore in Mar23 at a rate of 62%
Equity infusion of ~20cr in Q2FY25 by the promoters
Healthy capital adequacy ratio of 21.83% and a Net Worth of INR 236.85 crore
As of H1FY25, the company had a Profit of INR 15.28 crore and net NPA of 0.43% as of H1FY25
Overview
Laxmi India Finance Private Limited (LIFC) is a (non-deposit taking) Non-Banking Financial Company (NBFC) registered with RBI. LIFC was incorporated in 1996 and was subsequently in 2011, merged with Deepak Finance and Deepak Leasing Co. a proprietorship firm promoted by Mr. Deepak Baid. Post-merger, the company is being managed by Mr. Deepak Baid & immediate family.
LIFC is engaged in the business of financing of used commercial vehicles, passenger cars, tractors as well as providing loans against property, personal loans, and business loans. LIFC has a customer base which is in rural and semi-urban areas engaged in agricultural & rural allied activities, small businesses (Kirana shops, mfg workshops) and transportation activities for carrying both passenger and goods.
Management
Mr. Gopal Krishan (CFO)
Mr. Gopal Krishan Sen is a qualified Chartered Accountant, and he has more than 10 years of experience in the financial services sector. He is Responsible to manage the accounts department for the company. he is previously associted with SK finance Limited (NBFC) and Pooja finelease limited and he gains experience in accounts department over there and his total experience more than 10 years. Educational Background Chartered Accountant.
Mr. Saurabh Mishra (Company Secretary)
With over 6 years of experience in Compliance and Secretarial Activities, Mr. Sourabh Mishra brings a wealth of expertise to the field. He earned his bachelor’s and master’s degrees in commerce from Kota University and is a qualified Company Secretary. Additionally, he augmented his professional background by successfully completing an internship with the Institute of Chartered Tax Advisers of India Limited. Previously, Mr. Mishra operated as a Practicing Company Secretary, managing his independent firm. In this capacity, he served as an advisor and secretarial auditor for listed companies, with a notable role as the secretarial auditor and adviser for Career Point Limited, a leading education-based listed company. This diverse experience further enhances his capabilities in the dynamic field of compliance and secretarial activities. His proficiency extends to navigating SEBI, Companies Act, and RBI compliances. Subsequently, he made the strategic decision to surrender his certificate of Practice and transitioned to become a whole-time employee. Since June 2021, Mr. Mishra has played an integral role in the compliance department of Loymi Indie Cipance Drivete Limited.
Key Financials- FY25:
All figures in INR crore
Particular |
Amount |
AUM |
1277.02 |
Cash and Bank Balance |
214.77 |
Borrowings |
1137.06 |
Total Assets |
1137.06 |
Revenue |
248.04 |
Profit After Tax |
36.00 |
PAT Margin |
14.52% |
Total Net worth |
257.89 |
Return on Equity |
15.62% |
CRAR |
20.80% |
Lenders
The prominent lenders in Laxmi India Finance Private Limited are:
Banks/ FI:
Badhan Bank Limited
Canara Bank
State Bank of India
IDBI Bank
IDFC First Bank
Union Bank of India Limited
Northern Arc Capital
Hinduja Leyland
Sundaram Finance Limited
Bajaj Finance
Tata Capital Financial Services Limited
Explore corporate bonds below for Laxmi India Finance Limited
| Instrument Name | ISIN Id | Credit Rating | Min. Investment | Nature of security | YTM | Tenure (in Months) |
| Laxmi India Finance Limited | INE06WU07064 | ACUITE "A-" | ₹ 66,992 | Listed (Secured) | 11.25% | 22 |
Above mentioned corporate bond details are as of Date: 20.08.2025.
Disclaimer:
Investments in debt securities/municipal debt securities/securitized debt instruments are subject to risks including delay and/or default in payment. Read all the offer-related documents carefully.