Banas Finance

What does Banas Finance do?

Banas Finance Ltd is a Non Banking Financial Company (NBFC) involved in finance, share trading, investments, consultancy, and realty, with a market cap of Rs 78 Cr. As of March 2025, it reported net sales of 4 Cr and a net loss of 6 Cr.

Overview:<BR>Banas Finance Ltd is a Non Banking Financial Company (NBFC) operating in the micro-cap market, engaged in finance, share trading, investments, consultancy, and realty business.<BR><BR>History:<BR>Banas Finance Ltd was incorporated on 06th June, 1983, originally as Pioneer Leasing Company Limited, and changed its name on 28th August, 1986. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 4 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -6 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 78 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -12.05% <BR>Price to Book: 0.41<BR><BR>Contact Details:<BR>Address: E-109 Crystal Plaza, New Link Road Andheri (West) Mumbai Maharashtra : 400053 <BR>Tel: 91-52096140/41 <BR>Email: banasfin@gmail.com <BR>Website: http://www.banasfinance.com

Who are in the management team of Banas Finance?

As of March 2021, the management team of Banas Finance includes G K Agrawal (Director), Amit Gulecha (Managing Director), Tanu Agrawal (Executive Director), Prajna Naik (Company Secretary), and independent directors Chirag Goyal and Vikas Kulhriya, along with non-executive director Pratham Jethliya. Each member plays a key role in the company's governance and operations.

As of March 2021, the management team of Banas Finance includes the following members:<BR><BR>1. G K Agrawal - Director<BR>2. Amit Gulecha - Managing Director<BR>3. Tanu Agrawal - Executive Director<BR>4. Prajna Naik - Company Secretary<BR>5. Chirag Goyal - Independent Director<BR>6. Vikas Kulhriya - Independent Director<BR>7. Pratham Jethliya - Non Executive Director<BR><BR>Each member holds a distinct role within the organization, contributing to its governance and operational management.

Has Banas Finance declared dividend?

No Dividend History Available

Who are the peers of the Banas Finance?

Banas Finance's peers include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Charter Capital, Kapil Raj Financ, Real Touch Fin, and Ceejay Finance. In terms of management risk, Banas Finance has an average rating, with its 1-year return at -26.93%, significantly lower than Bajaj Finance's 30.40%.

Peers: The peers of Banas Finance are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Charter. Capital, Kapil Raj Financ, Real Touch Fin, and Ceejay Finance.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, and Muthoot Finance, while Average management risk is found at Jio Financial and Banas Finance. Good management risk is noted at Shriram Finance, and Below Average management risk is present at Charter. Capital, Kapil Raj Financ, Real Touch Fin, Ceejay Finance, and NCL Res. & Finl. In terms of Growth, Excellent growth is seen at Jio Financial, Bajaj Finance, and Charter. Capital, while Good growth is noted at Cholaman.Inv.&Fn and Shriram Finance. Banas Finance has Below Average growth, and the rest have Below Average growth. Capital Structure ratings are Excellent for Bajaj Finance, Jio Financial, Shriram Finance, Muthoot Finance, and Banas Finance, while Good is seen at Cholaman.Inv.&Fn, and Excellent is noted for the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bajaj Finance at 30.40%, while the peer with the lowest is Kapil Raj Financ at -75.77%. Banas Finance's 1-year return is -26.93%, which is significantly lower than Bajaj Finance's and higher than Kapil Raj Financ's. Additionally, the peers with negative six-month returns include Jio Financial, Kapil Raj Financ, Charter. Capital, and Ceejay Finance.

What is the technical trend for Banas Finance?

As of May 14, 2025, Banas Finance shows a mildly bearish trend overall, with mixed signals from MACD and moving averages, indicating a cautious outlook despite some bullish indicators on longer time frames.

As of 14 May 2025, the technical trend for Banas Finance has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, indicating potential strength over a longer time frame. Bollinger Bands and moving averages are both mildly bearish on the daily and weekly charts, contributing to the overall cautious outlook. The KST is mildly bullish weekly but bearish monthly, and Dow Theory reflects a mildly bullish weekly trend against a mildly bearish monthly trend. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from MACD and moving averages.

Who are the top shareholders of the Banas Finance?

The top shareholders of Banas Finance are Prismx Global Ventures Limited with 20.7%, Handful Investrade Pvt Ltd at 10.68%, and individual investors holding a combined 31.89%. There are no reported holdings from mutual funds or foreign institutional investors, indicating a majority of shares are held by non-institutional shareholders.

The top shareholders of Banas Finance include Prismx Global Ventures Limited, which holds 20.7% of the shares, making it the highest public shareholder. Additionally, Handful Investrade Pvt Ltd is the promoter with the highest holding at 10.68%. Individual investors collectively hold 31.89% of the shares, while there are no holdings reported from mutual funds or foreign institutional investors. The majority of the shares are held by non-institutional shareholders.

How big is Banas Finance?

As of 24th July, Banas Finance Ltd has a market capitalization of 85.00 Cr, with Net Sales of 48.83 Cr and a Net Profit loss of 21.89 Cr over the latest four quarters. Shareholder's Funds are 155.84 Cr and Total Assets are 167.47 Cr as of March 2024.

As of 24th July, Banas Finance Ltd has a market capitalization of 85.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Banas Finance reported Net Sales of 48.83 Cr. However, the company experienced a loss of 21.89 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds stood at 155.84 Cr, while Total Assets were valued at 167.47 Cr.

Are Banas Finance latest results good or bad?

Banas Finance's latest results are very positive, with Profit Before Tax increasing by nearly 199% to Rs 9.41 crore and Profit After Tax rising over 294% to Rs 10.63 crore. Net sales also surged by 73.8%, indicating a strong turnaround in financial performance.

Banas Finance has reported very positive results for the quarter ending June 2025. The company has shown a remarkable turnaround in its financial performance, with significant increases in key metrics. <BR><BR>Profit Before Tax (PBT) reached Rs 9.41 crore, a substantial growth of nearly 199% compared to the average PBT from the previous four quarters. Profit After Tax (PAT) also saw a significant rise to Rs 10.63 crore, reflecting an impressive increase of over 294% from the prior average.<BR><BR>Net sales surged to Rs 19.49 crore, marking a 73.8% increase compared to the previous four-quarter average. The operating profit reached its highest level in five quarters at Rs 9.42 crore, with an operating profit margin of 48.33%, indicating improved operational efficiency.<BR><BR>Additionally, earnings per share (EPS) hit a five-quarter high at Rs 1.19, showcasing enhanced profitability and value creation for shareholders. Overall, these results indicate a strong and positive trend for Banas Finance, suggesting that the company's latest performance is indeed good.

When is the next results date for Banas Finance?

The next results date for Banas Finance is 14 November 2025.

The next results date for Banas Finance is scheduled for 14 November 2025.

How has been the historical performance of Banas Finance?

Banas Finance has faced significant financial challenges, with net sales dropping from 97.80 Cr in March 2022 to 42.87 Cr in March 2025, resulting in increasing losses and negative profits. Total assets and liabilities rose to 176.28 Cr in March 2025, but cash flow from operations remained stagnant at 0.00 Cr.

Answer:<BR>The historical performance of Banas Finance has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Banas Finance's net sales peaked at 97.80 Cr in March 2022 but have since declined to 42.87 Cr by March 2025. The total operating income followed a similar trend, dropping from 97.80 Cr in March 2022 to 42.87 Cr in March 2025. The company's total expenditure, excluding depreciation, increased sharply to 80.88 Cr in March 2025 from 39.92 Cr in March 2024, contributing to an operating profit (PBDIT) of -38.01 Cr in March 2025, a stark contrast to the positive operating profit of 33.72 Cr in March 2024. Profit before tax also turned negative, reaching -37.45 Cr in March 2025, compared to a profit of 33.63 Cr in March 2024. Consequently, the profit after tax was -25.84 Cr in March 2025, down from a profit of 2.25 Cr in March 2024. The company's total assets increased to 176.28 Cr in March 2025 from 167.47 Cr in March 2024, while total liabilities also rose to 176.28 Cr in March 2025 from 167.47 Cr in March 2024. Cash flow from operating activities remained stagnant at 0.00 Cr in March 2025, reflecting ongoing challenges in generating cash from operations. Overall, Banas Finance has experienced a turbulent financial trajectory, characterized by significant revenue declines and increasing losses in recent years.

Is Banas Finance overvalued or undervalued?

As of December 4, 2025, Banas Finance is considered undervalued with a PE ratio of 5.03 and a price-to-book value of 0.42, significantly lower than competitors like Bajaj Finance and Life Insurance, indicating a potential recovery despite recent underperformance against the Sensex.

As of 4 December 2025, Banas Finance has moved from a risky to a very attractive valuation grade. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 5.03, a price-to-book value of 0.42, and an EV to EBITDA ratio of -40.79. These ratios indicate that Banas Finance is trading at a significant discount compared to its peers.<BR><BR>In comparison to notable competitors, Bajaj Finance is classified as very expensive with a PE ratio of 34.9, while Life Insurance is very attractive with a PE of 10.85. The stark contrast in valuation metrics highlights Banas Finance's undervaluation in the market. Additionally, while the stock has underperformed the Sensex over the past year, it has shown a positive return of 9.75% over the last month, suggesting a potential recovery phase.

Should I buy, sell or hold Banas Finance?

Which are the latest news on Banas Finance?

Why is Banas Finance Ltd falling/rising?

As of 03-Feb, Banas Finance Ltd's stock price is at 6.88, reflecting a decline of 0.29%. The stock has significantly underperformed compared to the Sensex, with a 17.21% drop over the past month, indicating a bearish trend.

As of 03-Feb, Banas Finance Ltd's stock price is falling, currently at 6.88, which reflects a decrease of 0.02 or 0.29%. The stock has been underperforming significantly compared to the benchmark Sensex, which has gained 2.30% over the past week while Banas Finance has dropped by 2.69%. Over the last month, the stock has experienced a substantial decline of 17.21%, contrasting sharply with the Sensex's minor decrease of 2.36%. <BR><BR>The stock has been on a downward trend, having fallen for three consecutive days, resulting in a total decline of 4.18% during this period. Additionally, Banas Finance is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. <BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 105.64% compared to the 5-day average, the overall performance today shows that the stock has underperformed its sector by 3.93%. This combination of factors contributes to the ongoing decline in Banas Finance Ltd's stock price.