What we do Prism Finance Ltd is a non-banking financial company providing diverse financial services including leasing, hire purchase, bill discounting, investments, and merchant banking. |
Founded in 1,994 |
Market share A small player in the NBFC sector, focusing on specialized financial services with moderate market presence. |
Problem solved Facilitates access to finance for businesses through leasing, hire purchase, and investment consulting, addressing fund needs beyond traditional banking. |
Top clients or who we serve Serves small and medium enterprises, corporate clients, and NRIs with investment and financial service needs, primarily in India (B2B). |
Key management - |
Our journey and innovations Incorporated in 1994; went public in 1996; faced challenges during the 2001 economic downturn; steadily maintained service offerings in financial space. |
Where we operate Primarily operates in India with offices based in Ahmedabad and serves clients mainly domestically. |
Top products or what we offer Offers leasing, hire purchase, bill discounting, inter-corporate funds placement, merchant banking including issue management and underwriting. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely depends on cyclical financial services demand reflecting economic conditions. |
Our industry position Mid-tier NBFC with a niche focus offering diverse financial services, facing competition from larger NBFCs and banks. |
Financial highlights FY 2024-25 revenue Rs 571.89 lakh, net loss Rs 101.75 lakh; Decline from previous year with Rs 1099.20 lakh revenue and Rs 516.14 lakh profit. |
Geographical revenue split Revenue generated primarily from Indian markets; no significant exports or international revenue reported. |
Order book - |
Whats driving growth Growth driven by increasing SME credit requirements and expanding project consultancy and merchant banking services. |
Our future plans Focused on sustaining operations, improving financial health, and expanding service reach in India without major changes in business model. |
Our green promise - |
Our people and values Small core team emphasizing governance and compliance, with strong policies on ethics and anti-discrimination. |
Key challenges ahead Losses incurred in recent fiscal years, economic volatility, and competition from larger financial institutions pose challenges. |
Interesting facts One of the few NBFCs listed on BSE with a legacy dating back to 1994, maintaining diversified financial services. |
Risks and strategy Mitigating risks via prudent credit assessment, compliance strengthening, and focusing on core profitable segments. |
