Berar Finance Limited
+100 % 1 MAbout Berar Finance Limited
A Comprehensive Overview of Price & Journey
Understanding Berar Finance Limited Inception and Growth
Overview
Berar Finance Limited (BFL) is a non-banking financial company (NBFC) in Central and West India, specialising in vehicle financing. Berar Finance was established in 1990 and has a network of over 100 branches. It operates across Maharashtra, Chhattisgarh, Madhya Pradesh, Telangana, Gujarat, and Karnataka.
Products & Services
BFL offers a diverse range of financial products to cater to various customer needs:
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Vehicle Loans: It provides Financing options for two-wheelers and used cars.
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Personal Loans: It caters to individual financial requirements.
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Fixed Deposit Schemes: It also provides saving solutions with competitive interest rates.
Board of Directors
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Mr. M.G. Jawanjar - Serving as the Executive Chairman
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Mr. Sandeep Jawanjal - The Managing Director
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Mr. Rajesh Vasudevan - An Independent Director
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Mr. Varun Bhalla - Serving as an Independent Director
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Mr. Siva Vadivel Alagan - A Non-Executive Director
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Mr. S.K. Mahakalkar - Non-Executive Director
IPO Details
As of now, Berar Finance Limited is a privately held company and has not announced any plans for an Initial Public Offering (IPO). Since Berar Finance Ltd is not listed on any stock exchange, there is no official information available regarding the Berar Finance share price.
Subsidiaries
There is no publicly available information regarding any subsidiary companies of Berar Finance Limited.
About Berar Finance Limited
IPO Details, Price movement
Performance Highlights 2023-2024
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Revenue from Operations increased from ₹217 crore in FY2022- 23 to ₹251 crore in FY2023- 24.
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Profit Before Tax increased from ₹22 crore in FY2022- 23 to ₹30 crore in FY2023- 24.
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Net Profit (PAT) increased from ₹17 crore in FY2022- 23 to ₹22 crore in FY2023- 24.
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Net cash used in Operating Activities was INR -77.24 crore in FY23 and became INR -118.61 crore in FY24.
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Net Cash Used in Investing Activities was INR 13.47 crore in FY23, whereas it became INR 35.21 crore in FY24.
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Net cash used in Financing Activities was INR 51.77 crore in FY23 and had cash outflow of INR 2.15 crore in FY24.
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 175.50 | 217.89 | 251.36 |
| Other Income | - | 0.10 | 0.07 | 0.45 |
| COGS | - | - | - | - |
| Gross Profit | - | 175.60 | 217.96 | 251.81 |
| Total Expense | - | 60.64 | 91.86 | 113.32 |
| EBIDTA | - | 114.96 | 126.10 | 138.49 |
| D&A | - | 2.37 | 3.96 | 4.68 |
| EBIT | - | 112.59 | 122.14 | 133.81 |
| Interest Expense | - | 90.21 | 100.41 | 103.86 |
| PBT | - | 22.38 | 21.73 | 29.95 |
| TAX | - | 4.95 | 4.65 | 7.77 |
| PAT | - | 17.42 | 17.08 | 22.18 |
| Diluted EPS | - | 17.18 | 13.79 | 17.92 |
| Basic EPS | - | 17.28 | 13.85 | 17.98 |
| Total income | 0.00 | 175.60 | 217.96 | 251.81 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 95.08 | 67.47 | 51.94 |
| Trade Payables | - | - | - | - |
| Inventory | - | - | - | - |
| Other Current Assets | - | 919.31 | 1035.35 | 1224.03 |
| Total Current Assets | 0.00 | 1,014.39 | 1,102.82 | 1,275.97 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 17.95 | 18.67 | 18.61 |
| Long Term Investment | - | - | - | - |
| Other Non Current Assets | - | 11.32 | 19.59 | 21.28 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 29.27 | 38.26 | 39.89 |
| Total Assets | 0.00 | 1,043.66 | 1,141.08 | 1,315.86 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 4.63 | 4.89 | 7.15 |
| Other Current Liab | - | 772.78 | 851.81 | 1004.95 |
| Total Current Liab | 0.00 | 777.41 | 856.70 | 1,012.10 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | - | - | - |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | 7.11 | 9.15 | 7.54 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 12.34 | 12.34 | 12.34 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 246.81 | 262.90 | 283.88 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 259.15 | 275.24 | 296.22 |
| Total Liabilities | 0.00 | 266.26 | 284.39 | 303.76 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | -148.58 | -77.25 | -118.61 |
| Cash Flow from financing | - | 125.71 | 96.35 | 99.90 |
| Cash Flow from investing | - | 26.21 | -13.48 | -35.21 |
| Net cash flow | 0.00 | 3.34 | 5.62 | -53.92 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
| Name | Designation | Share % |
|---|---|---|
| M/s Avino Capcons Pvt Ltd | NA | 12.06% |
| Mr. Maroti Jawanjar | NA | 8.29% |
| Mr. Maroti Jawanjar (HUF) | NA | 7.04% |
| Amicus Capital Private Equity | NA | 17.25% |
| Maj Invest Financial Inclusion Fund | NA | 16.05% |
| Others | NA | 39.31% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.