Aastamangalam Finance Ltd (AASTAFIN) Share Price & Fundamentals

What we do

Aastamangalam Finance Ltd provides short and long-term financing to corporate and non-corporate entities, focusing on recovery of non-performing assets and financial advisory services.

Founded in

1,985

Market share

Established NBFC registered with RBI, focusing on financing and asset recovery in Indian markets.

Problem solved

Offers credit solutions and recovery services to improve liquidity for businesses and manage bad debts.

Top clients or who we serve

Serves corporate and individual borrowers; primarily B2B and some B2C lending services.

Key management

CFO/CEO Mr. S Mohan Kumar Jain; Directors Ms. Bhavika M. Jain and Ms. Rekha M. Jain among others.

Our journey and innovations

Founded in 1985 as Upasana Finance, renamed in 2022; expanded from leasing to financing and merchant banking.

Where we operate

Mainly operates in India, with a focus on local corporate and non-corporate clients.

Top products or what we offer

Finance products include short and long-term loans, investment advisory, merchant banking, and debt recovery services.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue primarily cyclical from financing and recovery operations, income varies yearly.

Our industry position

Moderate-sized NBFC with a niche in financing and asset recovery, complying with RBI norms.

Financial highlights

FY 2024-25 revenue Rs. 15.5 Cr, Profit after tax Rs. 8.28 Cr, showing strong growth from previous year.

Geographical revenue split

Revenue predominantly from India, no international operations noted.

Order book

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Whats driving growth

Growth driven by increased financing activities, recovery of dues, and fresh capital from rights issue.

Our future plans

Focus on expanding secured/unsecured financing and improving asset recovery mechanisms.

Our green promise

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Our people and values

Board of five directors and key executives foster governance and ethical financial practices.

Key challenges ahead

Challenges include managing non-performing assets and regulatory compliance risks.

Interesting facts

Originally named Upasana Finance; rebranded to Aastamangalam Finance in 2022; maintains strong promoter holding.

Risks and strategy

Risk from lending defaults mitigated by legal action and negotiations, focus on disciplined credit.