Akme Fintrade (India) Ltd (AFIL) Share Price & Fundamentals

What we do

Akme Fintrade (India) Ltd is an RBI-registered NBFC providing retail financing mainly for vehicles and small businesses across rural and semi-urban India.

Founded in

1,996

Market share

Strong presence in vehicle and SME lending in Rajasthan, MP, Gujarat, Maharashtra with 29 branches and 30+ business points.

Problem solved

Facilitates access to credit for underserved lower and middle-income groups for vehicle purchase and business growth in tier II and III cities.

Top clients or who we serve

Serves over 200,000 customers including salaried professionals, self-employed, SME/MSME owners; B2C and B2B focus.

Key management

Chairman & MD: Mr. Nirmal Kumar Jain; Executive Director: Mr. Rajendra Chittora; CFO: Ms. Rajni Gehlot; CEO: Mr. Akash Jain.

Our journey and innovations

Founded in 1996, listed in 2024, expanded across 5 states, launched solar rooftop loans and entered NCR vehicle financing; digital core loan system implemented.

Where we operate

Operations centered in Rajasthan, Madhya Pradesh, Gujarat, Maharashtra, and NCR Delhi.

Top products or what we offer

Offers vehicle loans (two-wheelers, commercial vehicles), SME/MSME business loans, loan against property, and recently solar rooftop loans.

Top brands

Aasaan Loan products including Aasaan Vehicle Loan, Aasaan Udyog Loan, Aasaan Loan Against Property, Aasaan Mahila Udyog Loan.

Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue largely recurring from loan interest and fees though lending activity sensitive to economic conditions.

Our industry position

Recognized NBFC in semi-urban and rural vehicle and SME finance with stable BBB+ credit ratings.

Financial highlights

FY25 revenue ₹102.47 Cr, net profit ₹33.23 Cr, AUM ₹581 Cr, 54.8% YoY AUM growth, RoE ~10%, capital adequacy 51%.

Geographical revenue split

Revenue primarily from Rajasthan (62%), Maharashtra (16%), Gujarat (14%), Madhya Pradesh (7%).

Order book

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Whats driving growth

Strong demand in vehicle finance, SME lending, digital loan processing, expansion in NCR and new product launches.

Our future plans

Expand vehicle financing in NCR, grow gold loan and insurance businesses, increase dealer network, target 5 million customers by 2030.

Our green promise

Launched solar rooftop loans; committed to sustainable financial products and digitization reducing paper use.

Our people and values

258 employees focusing on continuous skill development, inclusive workplace and strong employee engagement.

Key challenges ahead

Competition from banks and NBFCs, regulatory pressures, ensuring asset quality amid rural economic fluctuations.

Interesting facts

First NCR branch opened in FY25; achieved 100% secured loan book; IPO raised ₹132 Cr in 2024.

Risks and strategy

Credit risk managed via robust underwriting; expanding digital tools to enhance efficiency; diversifying lending products to mitigate market risks.