What we do Lakshmi Finance & Industrial Corporation Limited focuses on investment management, primarily through equity shares, mutual funds, and other securities, with NBFC registration but no public deposit acceptance. |
Founded in 1,993 |
Market share A niche player in financial investment with a stable dividend history and presence on NSE since 2015. |
Problem solved Provides shareholders investment opportunities and efficient capital management amid challenging NBFC market conditions. |
Top clients or who we serve Primarily serves retail and institutional investors through capital market investments and financial services. |
Key management Managing Director: K. Harishchandra Prasad; CFO: U. Vijaya Kumar; Company Secretary: Deepa Gusain. |
Our journey and innovations Established in 1993 post Andhra Bank's nationalization; shifted from manufacturing and NBFC lending to investment management due to market and regulatory shifts. |
Where we operate India, with shares listed and traded on the National Stock Exchange (NSE). |
Top products or what we offer Investment in equity shares, mutual funds, and securities; no public deposit NBFC services. |
Top brands Lakshmi Finance shares listed on NSE (Stock Code: LFIC), maintaining consistent dividend payments. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues mainly from cyclical capital market investments and periodic dividends. |
Our industry position Well-established in investment management with a stable financial base and recognized as a dividend-paying entity. |
Financial highlights FY2024-25 Revenue: Rs. 7.69 Crore; Profit after Tax: Rs. 3.58 Crore; reduced due to market conditions. |
Geographical revenue split 100% revenue from India. |
Order book - |
Whats driving growth Optimistic Indian economic outlook and cautious portfolio management amidst stock market volatility. |
Our future plans Maintaining investment portfolio; enhancing corporate governance and compliance; focus on sustainable profitability. |
Our green promise - |
Our people and values Committed workforce with emphasis on corporate governance, transparency, and ethical business practices. |
Key challenges ahead Market volatility, regulatory changes affecting NBFCs, and ensuring consistent investment returns. |
Interesting facts Dividend-paying company since 1982, with bonus shares issued in multiple years; shifted focus post Andhra Bank nationalization. |
Risks and strategy Mitigates financial risks through conservative portfolio management; focusing on compliance and corporate governance. |
