What we do Paragon Finance Ltd is an NBFC providing loans against vehicle security, investments in shares and mutual funds, and financial services to individuals and businesses, focusing on automobile finance and trading. |
Founded in 1,986 |
Market share Holds a niche market position with low default rates and a 24% IRR from core activities in vehicle financing and investments. |
Problem solved Addresses financial inclusion by offering easy loans especially for vehicle purchase to unemployed and commercial borrowers, enabling income generation. |
Top clients or who we serve Serves individuals, businesses for vehicle financing and investment products; operates primarily in retail and SME segments across Jharkhand, Bihar, West Bengal, and Bangalore. |
Key management Mr. Sanjay Kumar Gupta (Chairperson & Whole-time Director) and Mr. Aloke Kumar Gupta (Executive Director & CFO). |
Our journey and innovations Founded in 1986, renamed in 1993, public listing in 1995, pioneered low-default vehicle financing with strong internal controls and steady earnings despite external influences. |
Where we operate Mainly in Eastern India (Jharkhand, Bihar, West Bengal) and Bangalore with urban and rural reach. |
Top products or what we offer Loan against hypothecation of vehicles, investment in shares, mutual funds, inter-corporate deposits, and trading in derivatives. |
Top brands Olympia Credits & Mercantile Limited (subsidiary) offering investment and finance products. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is mostly recurring from interest income on loans and investment activities. |
Our industry position Classified as NBFC-ICC and NBFC-Base Layer by RBI; maintains competitive edge with low default and strong financial reserves. |
Financial highlights FY 2024-25 revenue Rs. 279.85 Lakhs; Profit after Tax Rs. 31.46 Lakhs; strong equity base Rs. 3017.18 Lakhs. |
Geographical revenue split - |
Order book - |
Whats driving growth Growth driven by vehicle financing demand in emerging markets, prudent risk management, and expansion into investments. |
Our future plans Focus on compliance strengthening, expanding customer base, and maintaining financial stability without dividend payouts currently. |
Our green promise - |
Our people and values Maintains ethical workplace, employee grievance redressal through vigil mechanism, gender-friendly maternity benefits, and strong corporate governance. |
Key challenges ahead Regulatory compliance challenges with RBI filings, market competition, and managing credit risk amid economic shifts. |
Interesting facts Achieves a 24% internal rate of return, among the lowest defaults in the finance industry with stable earnings since 1986. |
Risks and strategy Risks include regulatory delays and market conditions; mitigated through strong internal controls, transparent governance, and focused customer segments. |
