What we do Lerthai Finance Ltd is a small cap company in India, initially a refractory manufacturer, now a finance and investment company seeking new business opportunities post-2018. |
Founded in 1,979 |
Market share Currently, Lerthai operates as a small cap parent finance company with limited production activities and no significant market share. |
Problem solved The company aims to identify viable business opportunities to revive growth and generate shareholder value after ceasing manufacturing. |
Top clients or who we serve Primarily serves investors and financial market stakeholders; currently no defined B2B or B2C clientele due to transitional phase. |
Key management Mr. Shao Xing Max Yang (Director and Chairman), Ms. Ntasha Berry (Independent Director), Mr. Jayant Goel (Whole-time Director). |
Our journey and innovations Founded as Marathwada Refractories (1979), renamed Lerthai Finance (2018), shifting focus from manufacturing refractory products to finance and investment. |
Where we operate Primarily operates in India, with a parent entity, Calvera Capital Pte. Ltd. based in Singapore. |
Top products or what we offer Currently offers financial services focused on investments and financing activities; manufacturing discontinued. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from interest on fixed deposits, indicating recurring income though company is searching new growth avenues. |
Our industry position No significant industrial position currently, company is repositioning in finance and investment sector. |
Financial highlights FY 2024-25 total income ~Rs. 46.93 Lakhs; net loss of Rs. 1.88 Lakhs following discontinued manufacturing; previous year profit was Rs. 75.94 Lakhs. |
Geographical revenue split - |
Order book - |
Whats driving growth Economic recovery post-pandemic and strategic efforts to identify profitable business opportunities. |
Our future plans Seeking new business opportunities to revive and grow; no concrete projects announced yet. |
Our green promise - |
Our people and values Board of Directors includes experienced professionals; corporate governance and transparency emphasized. |
Key challenges ahead Identifying viable business models post manufacturing exit amidst competitive financial services sector. |
Interesting facts Initially a refractory bricks manufacturer for over three decades before transforming into a finance company. |
Risks and strategy Risk from delayed business revival and market uncertainties; strategy focuses on governance and opportunity scouting. |
