What we do Laxmi India Finance Limited is an NBFC-Middle Layer offering MSME, vehicle, and construction loans primarily in Tier II and III Indian markets, supporting financial inclusion. |
Founded in 1,996 |
Market share Emerging financier with Rs 1,451 Cr AUM and expanding branch network, strong in MSME and vehicle loan market segments. |
Problem solved Provides accessible credit to underserved MSMEs and vehicle buyers, boosting economic growth and promoting financial inclusion in smaller cities and rural areas. |
Top clients or who we serve Primarily MSMEs, vehicle owners, and small businesses in Rajasthan, Gujarat, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh; B2C focused. |
Key management Deepak Baid (Managing Director) leads with over 20 years in asset finance; supported by experienced finance and credit professionals. |
Our journey and innovations Started in early 1990s, acquired NBFC in 2011, expanded geographically and diversified loans, IPO in 2025, strong digital platform implementation. |
Where we operate India: Rajasthan, Madhya Pradesh, Gujarat, Uttar Pradesh, Chhattisgarh, expanding in Tier II and III cities with 170 branches. |
Top products or what we offer MSME loans, vehicle loans (used cars, commercial vehicles, tractors, two-wheelers, electric vehicles), construction loans, personal and business loans. |
Top brands Laxmi India Finance—trusted for MSME and vehicle financing; branch-led relationship model with digital-enabled fast loan processing. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring from loan interest and fees with steady growth prospects in lending business. |
Our industry position Strong growth in middle layer NBFC sector; growing share with Rs 1,451 Cr AUM and robust credit quality metrics. |
Financial highlights FY25 revenue Rs 245.7 Cr, PAT Rs 36 Cr, 37% PAT growth; Net worth Rs 445 Cr; CRAR 28.4%; AUM grew 20%+ YoY. |
Geographical revenue split Revenue primarily from Rajasthan, Gujarat, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh markets. |
Order book - |
Whats driving growth Branch expansion, varied loan products, technology adoption, and strong capital & liquidity positions fuel growth. |
Our future plans Expand branch network; diversify loan products; enhance tech-based underwriting and collections; improve asset quality and profitability. |
Our green promise - |
Our people and values 1434 employees fostering transparent, meritocratic culture focused on employee development and customer centricity. |
Key challenges ahead Credit risk management, competitive pressures, regulatory compliance, and ensuring asset quality amid growth. |
Interesting facts 25% borrowers are rural/semi-rural women; zero delays/defaults from lenders; strong lender network of 50+ institutions. |
Risks and strategy Focus on prudent underwriting, conservative cash flow-based lending, technology-driven processes, and risk monitoring to mitigate financial and operational risks. |
