Laxmi India Finance
- Market cap
- ₹ 526 Cr.
- P/E
- 8.9x
- P/B
- 1.14x
- 52-week range
- 71.06 – 159.59
- ROE
- 14%
- Dividend yield
- 0%
- Debt / equity
- 2.88
- Sector
- Finance
- Industry
- Non Banking Financial Company (NBFC)
- Listed on
- NSE, BSE
About
Laxmi India Finance Limited is a non-deposit-taking, non-banking financial company. Its product portfolio includes MSME loans, vehicle loans, construction loans, and other lending products catering to the diverse financial needs of its customers. Its business verticals include MSME Finance, which offers secured loans to MSME customers in the form of loans against property, to support their business operations, expansion and working capital needs; Vehicle Finance provides secured loans to its customers for purchasing used commercial vehicles, used personal vehicles, used tractors, two-wheelers, electric two-wheelers and electric three-wheelers; Construction Loans, which offer secured loans to retail customers for purchasing residential property or constructing, renovating or extending their homes, and Others provides small-ticket unsecured business and personal loans to MSME and retail customers for their working capital requirements and personal use, and wholesale loans to other NBFCs.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Non Banking Financial Company (NBFC): 288 companies →Laxmi India Finance against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)8.9 against a typical 22.5: cheaper than most peers (1st = cheapest).55th of 284
- Sales growth+34.3% against a typical +18.3% from a year earlier.103rd of 259
- Profit growth+70% against a typical +20.2% from a year earlier.60th of 214
- Share price, 3 months−22.8% against a typical −4.2%.226th of 258
- Size₹ 525.9 Cr. market value against a typical ₹ 43 Cr. (1st = largest).45th of 269
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by Acuite- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE A | Stable | 20 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 20 Mar 2026 | ▲ Upgrade1 notch | ACUITE A- → ACUITE A | — | Acuite | ₹ 1,756.86 Cr. | |
| 9 Mar 2026 | Reaffirmed | ACUITE A- | — | Acuite | ₹ 450 Cr. | |
| 12 Aug 2025 | Reaffirmed | ACUITE A- | — | Acuite | ₹ 1,176.86 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 25 Aug 2026 | Fund Raising | To consider Fund Raising by way of issue of 50,000 (Fifty Thousand Only) Rated, Listed, Unsubordinated, Secured, Transferable, Redeemable, Non-Convertible Debentures on private placement basis, having face value of INR 10,000/- (Indian Rupees Ten Thousand Only) each aggregating up to INR 50,00,00,000/- (Indian Rupees Fifty Crores Only) ( Base Issue Size ) with an option to retain oversubscription of up to INR 50,00,00,000/- (Indian Rupees Fifty Crores Only) ( Green Shoe Option ) aggregating to INR 100,00,00,000/- (Indian Rupees One Hundred Crores Only). |
| 12 Aug 2026 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2026 |
| 13 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 12 Feb 2026 | Fund Raising | To consider Fund Raising by way of private placement of Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures of face value of INR 10,000/- (Indian Rupees Ten Thousand Only) each aggregating up to INR 50,00,00,000/- (Indian Rupees Fifty Crores Only). |
| 10 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 59 | 61 | 74 | 70 | 76 | 79 | 93 | 94 |
| Interest | 24 | 28 | 30 | 32 | 33 | 34 | 34 | 36 | 38 |
| Expenses | 18 | 20 | 23 | 24 | 24 | 29 | 32 | 29 | 33 |
| Financing Profit | 9 | 11 | 8 | 19 | 13 | 13 | 13 | 27 | 22 |
| Financing Margin % | 17% | 19% | 13% | 25% | 18% | 17% | 17% | 29% | 24% |
| Other Income | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 9 | 12 | 8 | 19 | 13 | 13 | 13 | 27 | 22 |
| Tax % | 24% | 26% | 23% | 23% | 23% | 26% | 25% | 24% | 24% |
| Net Profit | 7 | 9 | 6 | 15 | 10 | 9 | 10 | 21 | 17 |
| EPS in Rs | — | 4.14 | 1.47 | 3.48 | 2.34 | 1.8 | 1.92 | 3.93 | 3.16 |
| Gross NPA % | — | — | 1% | 1.1% | 1.3% | 1.6% | 2.4% | — | — |
| Net NPA % | — | — | 0.5% | 0.5% | 0.7% | 0.9% | 1.2% | — | — |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 29%
- 3 Years
- 35%
- TTM
- 29%
- 10 Years
- —
- 5 Years
- 37%
- 3 Years
- 46%
- TTM
- 44%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Laxmi India Finance | ₹ 95.65 | ₹ 526 Cr. | 8.9x | 1.1x | 14% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25.2x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 93.9x | 1.1x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.4x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.5x | 1x | 20.7% | 29.1% |
Management
- Gopal Krishan Sain
- Chief Financial Officer
- Siddharth Modi
- Chief Technology Officer
- Sourabh Mishra
- Compliance Officer, Company Secretary
- Deepak Baid
- Managing Director, Executive Director
- Aneesha Baid
- Whole Time Director
- Prem Devi Baid
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.