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Laxmi India Finance Ltd, incorporated in 1996, is a non-deposit taking NBFC offering secured and unsecured loans. Its portfolio includes MSME finance, vehicle loans, construction loans, personal loans, and wholesale lending to NBFCs, serving individuals, businesses, and institutions with diverse financial solutions across India.
Laxmi India Finance has made its FY25-26 Annual Report and 29th AGM notice available online. The company is informing shareholders/debenture holders on how to access these documents via web-link and QR code.
Laxmi India Finance reported strong growth: AUM +27.34% to Rs 1,626.26 Cr & disbursements +14.32% to Rs 821.43 Cr. Customer base expanded, cost of funds improved, and credit rating upgraded to 'ACUITE A (Stable)'.
Laxmi India Finance reported strong 9M FY26 results with PAT up 36% to ₹29.10 Cr and AUM reaching ₹1,451.10 Cr. GNPA increased to 2.40% due to a DA partner's stress, but underlying asset quality remains robust at 0.94%. Network expanded to 170 branches.
Laxmi India Finance reported strong Q3 & 9M FY26 financial results. AUM grew 21% to ₹1,451 Cr and PBT jumped 68% to ₹13.43 Cr. A one-time Direct Assignment loan pool stress event increased Gross NPA to 2.40%, though underlying performance remains robust.
Laxmi India Finance resolved a prior Income Tax offence from FY2016-17. The company paid compounding charges of ₹3,32,550, as determined by the tax authority. This concludes the matter with no further financial implications.