What we do Hasti Finance Limited is a non-banking finance company in India providing unsecured business, personal loans, gold loans, and hire purchase vehicle finance, targeting small businessmen and middle-class households. |
Founded in 1,994 |
Market share Operates in a competitive NBFC sector with pressures from banks and financial institutions, focusing on niche small business and retail segment. |
Problem solved Offering accessible financing solutions to underserved small businesses and middle-class households requiring unsecured and vehicle loans. |
Top clients or who we serve Small business owners, middle-class households in India; primarily a B2C lender in retail and vehicle finance segments. |
Key management - |
Our journey and innovations Incorporated in 1994; expanded into stock broking in 2007; acquired IT firm in 2013; adapted marketing strategies in a competitive finance market. |
Where we operate India, with operations focused on domestic financial services for retail and commercial vehicle financing. |
Top products or what we offer Unsecured business and personal loans, gold loans, hire purchase finance for commercial and domestic vehicles. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from interest on loans and hire purchase financing, making income somewhat recurring but sensitive to economic cycles. |
Our industry position Small player in NBFC sector facing margin pressures due to intense competition from banks and other financial institutions. |
Financial highlights Reported loss of Rs. 8.45 crore in FY2025 on gross income of Rs. 4.5 crore; faced increasing provisioning and competition impacting profitability. |
Geographical revenue split Revenue generated entirely from Indian domestic operations. |
Order book - |
Whats driving growth Focused on serving underserved market segments and vehicle financing; faces challenges due to competition and asset quality provisions. |
Our future plans No specific expansion indicated; continues to focus on finance operations and maintaining compliance with regulatory norms. |
Our green promise - |
Our people and values Small employee base; emphasis on compliance, corporate governance, and ethical conduct. |
Key challenges ahead Sustaining profitability amid competition from banks, managing non-performing assets and regulatory compliance. |
Interesting facts Acquired a computer software company in 2013 and expanded into stock broking memberships in 2007. |
Risks and strategy Risks include margin pressure and asset quality; strategy involves niche focus on small business lending and improving risk management. |
