What we do Banas Finance Ltd is a non-banking financial company engaged in finance, share trading, investments, consultancy, and real estate interests. |
Founded in 1,983 |
Market share A well-established NBFC with significant presence, holding a major stake in associate Tilak Ventures Ltd. |
Problem solved Provides financial services and investment opportunities addressing needs for funding, trading, and consultancy. |
Top clients or who we serve Serves retail and institutional investors through finance and share trading activities; B2B and B2C segments. |
Key management - |
Our journey and innovations Founded in 1983; transformed via mergers in 2020 forming a unified lending entity; expanded associate holdings recently. |
Where we operate Primarily India, with headquarters in Mumbai; financial services focused locally. |
Top products or what we offer Finance business, share trading, investment consultancy, and real estate interests. |
Top brands Main business segments include finance income and other operating income; merged with Proaim Enterprises, Axon Ventures, Rockon Enterprises. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from finance activities and share trading; cyclical due to market dependencies. |
Our industry position Established NBFC with diversified revenue streams and significant associate company influence. |
Financial highlights FY 2024-25 standalone revenue ₹43.48 crore; net loss of ₹19.57 crore; consolidated operations showed profitability but declined revenue. |
Geographical revenue split Revenue largely from domestic Indian markets. |
Order book - |
Whats driving growth Growth driven by share trading gains and strengthened finance operations; new equity issuance to support expansion. |
Our future plans Focus on turning profitable by optimizing lending operations; expanding equity base through rights issue. |
Our green promise - |
Our people and values Small employee base with governance focusing on compliance and ethical business practices. |
Key challenges ahead Market volatility impacting share trading and finance income; efforts ongoing to improve profitability. |
Interesting facts Merged three listed entities in 2020 creating a unified lending firm; associate company Tilak Ventures held at 48.84%. |
Risks and strategy Facing cyclical business risks; strategy includes financial restructuring and expanding investor base via rights issue. |
