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AXIS FINANCE LIMITED

www.axisfinance.co.in
Active
Updated: 21 Oct 2024

Axis Finance Limited, is an unlisted public company incorporated on 27 April, 1995. It is classified as a public limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 627.06 cr.

Axis Finance Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 33.21% over the previous year. At the same time, it's book networth has increased by 28.28%.

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Industry

Finance
Products
  • Loan against marketable security, and bonds., mortgages, mutual funds, real estate financing, employee stock options, corporate lending
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
35.57%
₹ 3,154.1
EBITDA
33.21%
₹ 2,644.7
Net Profit
3.13%
₹ 597.2
Networth
28.28%
₹ 4,068.6
Borrowings
39.7%
₹ 27,943.1
Assets
37.05%
₹ 32,902.1
Gross Margin
-
- %
Operating Margin
-1.48
83.8 %
Net Profit Margin
-5.96
18.9 %
Return on Equity
-3.58
14.7 %
ROCE
-7608.18
-1,447.2 %
Debt to Equity
0.56
6.9
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • HIGH LEVERAGE
  • LOW CASH BALANCE
  • CASH DETERIORATING
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,000.0 1,029.2 1,433.4 2,326.6 3,154.1
Operating profit 764.5 757.9 1,171.6 1,985.4 2,644.7
Net profit 163.7 -67.7 -117.7 579.1 597.2
Gross margin - - - - -
Operating margin 76.4 73.6 81.7 85.3 83.8
Net margin 16.4 -6.6 -8.2 24.9 18.9
Networth 1,241.1 1,442.5 2,191.1 3,171.6 4,068.6
Borrowings 6,630.4 9,633.7 14,736.3 20,001.8 27,943.1
Assets 7,936.1 11,212.0 17,302.0 24,007.3 32,902.1
Debt to equity 5.3 6.7 6.7 6.3 6.9
Current ratio - - - - -
ROE 13.2 -4.7 -5.4 18.3 14.7
Days payable - - - - -
WC days - - - - -
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 480.8 482.2 538.5 590.8 627.1
Reserves 760.4 960.2 1,652.6 2,580.8 3,441.6
Borrowings + 6,630.4 9,633.7 14,736.3 20,001.8 27,943.1
Long term borrowings 6,630.4 9,633.7 14,736.3 20,001.8 27,943.1
Short term borrowings - - - - -
Trade payables + - - 4.3 2.1 0.6
Days payable - - - - -
Other liabilities + 64.7 135.9 374.6 833.9 890.4
Other non-current liabilities - - - - -
Other current liabilities 64.7 135.9 370.4 831.8 889.7
Total liabilities 7,936.1 11,212.0 17,302.0 24,007.3 32,902.1
Fixed Assets + 19.9 33.3 44.4 35.9 44.2
Tangible assets 2.2 2.0 4.1 6.1 8.1
CWIP - - 2.5 0.1 1.0
Intangible assets 17.7 31.4 37.8 29.6 35.1
LT loans and advances 7,545.4 10,092.2 16,092.9 22,006.2 30,356.8
Other non-current assets 159.4 980.4 1,000.3 1,135.2 1,836.3
Current assets + 211.4 106.1 164.4 830.0 664.8
Inventories - - - - -
Trade receivables 6.8 5.2 6.0 0.1 7.6
Cash and cash equivalents 162.0 50.7 145.9 755.2 607.0
ST loans and advances - - - - -
Other current assets 42.6 50.2 12.5 74.7 50.2
Total assets 7,936.1 11,212.0 17,302.0 24,007.3 32,902.1
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,000.0 1,029.2 1,433.4 2,326.6 3,154.1
Sales growth % 11.82 2.91 39.28 62.31 35.57
Expenses + 759.9 766.8 969.3 1,553.2 2,359.6
Cost of goods - - - - -
Employee cost 55.0 88.9 135.0 192.5 245.2
Other costs 180.6 182.4 126.8 148.7 264.3
Operating profit + 764.5 757.9 1,171.6 1,985.4 2,644.7
Operating margin % 76.4 73.6 81.7 85.3 83.8
Other income 0.3 - - - -
Interest 520.3 489.8 697.4 1,196.4 1,829.7
Depreciation 4.0 5.8 10.2 15.6 20.4
Exceptional items - - - - -
Profit before tax 240.4 262.3 464.0 773.4 794.5
Tax 76.7 67.7 117.7 194.3 197.3
Profit - disc. ops - - - - -
Net profit 163.7 -67.7 -117.7 579.1 597.2
Net margin % 16.4 -6.6 -8.2 24.9 18.9
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 5.3 6.7 6.7 6.3 6.9
Net Debt/Equity 5.2 6.6 6.7 6.1 6.7
Total Debt/Assets 0.8 0.9 0.8 0.8 0.8
Total Assets/Equity 6.4 7.8 7.9 7.6 8.1
Liquidity +
Current Ratio - - - - -
Quick Ratio - - - - -
Interest Coverage - - - - -
Performance
Gross Margin - - - - -
Operating Margin 76.4 73.6 81.7 85.3 83.8
Net Margin 16.4 -6.6 -8.2 24.9 18.9
Return +
Return on Equity 13.2 -4.7 -5.4 18.3 14.7
Pre-tax ROCE 456.3 21,217.1 -700.4 6,160.9 -1,447.2
Return on Assets 2.1 -0.6 -0.7 2.4 1.8
Pre-tax ROIC 9.9 6.8 6.9 8.8 8.4
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable - - - - -
Fixed Asset Turnover 50.3 30.9 32.2 64.9 71.3
Total Asset Turnover 0.1 0.1 0.1 0.1 0.1
Working Capital
Cash Conversion Cycle - - - - -
Working Capital Days - - - - -
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Axis Trustee Services Limited

No. of Loans: 1

Total Amount : 29,080.1 cr

2

Catalyst Trusteeship Limited

No. of Loans: 29

Total Amount : 12,987.0 cr

3

No. of Loans: 5

Total Amount : 1,285.0 cr

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Charges

Axis Trustee Services Limited
Catalyst Trusteeship Limited

People

Designation Name DIN/PAN Tenure
Director Narasimha Kummamuri 00023046 2 years
Director Baburao Busi 00425793 4 years
Director Amitabh Chaudhry 00531120 6 years
Director Narasimhan Rajashekaran 02313710 1 years
Managing Director Bipin Saraf Kumar 06416744 12 years
Kmp Bipin Saraf Kumar <HIDDEN> 10 years
Director Pravin Udhyavara Bhadya Rao 06782450 3 years
Director Puneet Mahendra Sharma 06964749 1 years
Director Pallavi Kanchan 07545615 2 years
Director Deepak Maheshwari 08163253 6 years
CFO Amith Rangan Iyer <HIDDEN> 11 years
CS Rajneesh Kumar <HIDDEN> 12 years

Company Network

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MAX INDIA LIMITED
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MAX LIFE PENSION FUND MANAGEMENT LIMITED
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MAINI PRECISION PRODUCTS LIMITED
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UTI INFRASTRUCTURE TECHNOLOGY AND SERVICES LIMITED
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GENBANEXT TECHNOLOGIES PRIVATE LIMITED
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AXIS BANK LIMITED
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618.7 Cr 1 Gujarat
PAN-FINANCIAL SHARED SERVICES INDIA PRIV ATE LIMITED
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22.4 Cr 1 Tamil Nadu
AXIS ASSET MANAGEMENT COMPANY LIMITED
Active
210.1 Cr 1 Maharashtra
AXIS PENSION FUND MANAGEMENT LIMITED
Active
80.0 Cr 1 Maharashtra
AXIS CAPITAL LIMITED
Active
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ZENSAR TECHNOLOGIES LIMITED
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COMPUTER AGE MANAGEMENT SERVICES LIMITED
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SUVEN PHARMACEUTICALS LIMITED
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INDEGENE LIMITED
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SOWPARNIKA RETAIL PRIVATE LIMITED
Active
1.0 L 1 Karnataka
TATA INFRASTRUCTURE CAPITAL LIMITED
Amalgamated
55.0 L 1 Tamil Nadu
E-NXT FINANCIALS LIMITED
Amalgamated
18.0 Cr 1 Maharashtra
AXIS SECURITIES LIMITED
Active
150.8 Cr 1 Maharashtra
KARTA INITIATIVE INDIA FOUNDATION
Active
0.0 1 Maharashtra
PUREARTH INFRASTRUCTURE LIMITED
Active
103.4 Cr 1 Delhi
SBM BANK (INDIA) LIMITED
Active
1,001.1 Cr 1 Maharashtra
CSB BANK LIMITED
Active
173.5 Cr 1 Kerala
GR HIGHWAYS INVESTMENT MANAGER PRIVATE LIMITED
Active
20.0 Cr 1 Haryana

Registered Details

CIN

U65921MH1995PLC212675

PAN

AAACK3010F

Incorporation

1995, 30.0 years

Company Email

corporate.secretarial@axisfinance.in

Paid up Capital

₹ 627.1 Cr

Authorised Capital

₹ 1,000.0 Cr

AGM

Jun 2024

Type

Public
Non-government Company

FAQ - AXIS FINANCE LIMITED

What is the incorporation date of AXIS FINANCE LIMITED?

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The incorporation date of AXIS FINANCE LIMITED is 27 April, 1995

What is the authorized share capital of AXIS FINANCE LIMITED?

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The authorized share capital of AXIS FINANCE LIMITED is INR ₹ 1,000.0 Cr.

What is the paid-up capital of AXIS FINANCE LIMITED?

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The paid-up capital of AXIS FINANCE LIMITED is INR ₹ 627.1 Cr.

What is the registered address of AXIS FINANCE LIMITED?

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The registered address of AXIS FINANCE LIMITED is Axis House, Ground Floor, Wadia International Centre ,Worl i NA Mumbai Maharashtra - 400025

What is the CIN number of AXIS FINANCE LIMITED?

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The CIN number of AXIS FINANCE LIMITED is U65921MH1995PLC212675.

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