What we do Qgo Finance Limited is a non-banking financial company providing business loans, project financing, loans against property, and retail loans primarily in the Mumbai Metropolitan Region. |
Founded in 1,993 |
Market share Primarily serves construction projects and retail segments; holds competitive positioning as a niche NBFC focusing on project financing without public deposit acceptance. |
Problem solved Enables access to early-stage and retail financing for developers and individuals, bridging funding gaps with quick and tailored loan solutions. |
Top clients or who we serve B2B and B2C clients including real estate developers and retail borrowers within Mumbai Metropolitan Region and peripheral tier-I satellite cities. |
Key management - |
Our journey and innovations Incorporated in 1993; listed in 2013; renamed to Qgo Finance in 2018; expanded loan book to Rs 99.8 crore by 2025; introduced secured NCD funding. |
Where we operate India, primarily Mumbai Metropolitan Region and Navi Mumbai areas including Chembur, New Panvel and Dombivali. |
Top products or what we offer Business loans, project loans, loans against property, retail loans, cooperative housing society loans, and consultancy for financing. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily recurring from financial services interest and loan operations. |
Our industry position Category B NBFC with steady profitability; compliance with RBI regulations; moderate CRAR of 18.15%. |
Financial highlights Revenue Rs 16.42 crore, net profit Rs 3.07 crore in FY 2024-25; 16.53% turnover growth year-on-year. |
Geographical revenue split - |
Order book - |
Whats driving growth Growing loan book, strategic project financing in emerging growth nodes like Navi Mumbai Airport region, and diversified financial products. |
Our future plans Continuing loan portfolio growth, focused funding via secured NCDs, and enhanced risk and compliance governance. |
Our green promise - |
Our people and values Employs 12 staff; emphasizes safe, inclusive workplace culture; strong corporate governance and risk management frameworks. |
Key challenges ahead Managing credit risk without deposit acceptance, compliance with evolving RBI norms, and sustaining loan growth in competitive NBFC space. |
Interesting facts Early project financier for notable luxury residential projects; dividend increased 20% in 2025; voluntary CSR engagement in pediatric healthcare. |
Risks and strategy Risks from loan defaults and regulatory changes mitigated by robust risk management and Reserve Fund allocations per RBI guidelines. |
