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.

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.

Are Banas Finance Ltd latest results good or bad?

Banas Finance Ltd's latest results show a mixed performance, with a net profit increase and strong year-on-year sales growth, but also a decline in sequential sales and operating margins, raising concerns about sustainability and volatility. Investors should exercise caution due to these underlying risks.

Banas Finance Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹10.99 crore for Q2 FY26, which is a 3.39% increase compared to the previous quarter. Additionally, net sales of ₹18.99 crore showed a remarkable year-on-year growth of 131.59%, indicating strong revenue generation compared to the same quarter last year.<BR><BR>However, there are significant concerns. The sequential decline in net sales by 2.57% from the previous quarter suggests a potential loss of momentum. Furthermore, the operating margin has slightly decreased to 48.18%, and the company's financial history has been marked by extreme volatility, with alternating periods of substantial losses and profits. This raises questions about the sustainability of earnings.<BR><BR>Moreover, the recent quarterly performance indicates a negative trend, with net sales and profit metrics deteriorating significantly in the following quarter. The company's return on equity, while historically high at an average of 24.63%, has shown signs of deterioration recently.<BR><BR>In summary, while there are positive aspects, such as recent profitability and strong year-on-year sales growth, the overall financial trajectory is concerning due to volatility, declining sales, and operational challenges. Investors should approach with caution, considering the underlying risks.

Should I buy, sell or hold Banas Finance Ltd?

Why is Banas Finance Ltd falling/rising?

As of 17-Mar, Banas Finance Ltd's stock price is rising to Rs 6.06, reflecting a short-term gain after a period of decline. However, it has a year-to-date decline of 26.37% and is trading below all moving averages, indicating ongoing bearish trends and reduced investor interest.

As of 17-Mar, Banas Finance Ltd's stock price is rising, currently at Rs 6.06, reflecting a change of 0.1 (1.68%) upward. This increase comes after a trend reversal, as the stock has gained after six consecutive days of decline. Additionally, it has outperformed its sector by 0.88% today, indicating a relative strength compared to its peers.<BR><BR>However, it is important to note that despite this rise, the stock has been underperforming over longer periods, with a year-to-date decline of 26.37% and a significant drop of 29.41% over the past three years. The stock is also trading below all its moving averages, which suggests a bearish trend overall. Furthermore, investor participation has decreased, with delivery volume falling by 29.16% against the five-day average, indicating reduced interest from investors.<BR><BR>Overall, while there is a short-term rise in the stock price, the broader context shows significant challenges and a lack of sustained investor confidence.

Why is Banas Finance Ltd falling/rising?

As of 18-Mar, Banas Finance Ltd's stock price is rising to Rs 6.08, marking a 2.18% increase after a period of decline. However, it has a year-to-date drop of 26.12% and declining investor participation, suggesting caution despite the recent uptick.

As of 18-Mar, Banas Finance Ltd's stock price is rising, currently at Rs 6.08, reflecting an increase of Rs 0.13 or 2.18%. This upward movement comes after a period of decline, as the stock has gained after seven consecutive days of falling prices. Additionally, it has outperformed its sector by 0.83% today, indicating a relative strength compared to its peers.<BR><BR>Despite this rise, the stock has experienced significant declines over longer periods, with a year-to-date drop of 26.12% and a one-year decline of 26.03%. The stock is also close to its 52-week low, being only 4.44% away from Rs 5.81. Furthermore, investor participation has decreased, with delivery volume on 17 March falling by 75.89% compared to the five-day average, which may indicate a lack of confidence among investors.<BR><BR>Overall, while the stock is currently rising, it is essential to consider the broader context of its recent performance and declining investor interest.

Why is Banas Finance Ltd falling/rising?

As of 19-Mar, Banas Finance Ltd's stock price is at Rs 5.95, reflecting a decline of 0.5% and a year-to-date drop of 27.70%, significantly underperforming the Sensex. The stock's bearish trend is compounded by low investor participation and trading below moving averages.

As of 19-Mar, Banas Finance Ltd's stock price is falling, currently at Rs 5.95, which reflects a decrease of Rs 0.03 or 0.5%. The stock has shown a negative performance over various time frames, including a year-to-date decline of 27.70% compared to a 12.92% drop in the benchmark Sensex. Over the past year, the stock has decreased by 28.74%, while the Sensex has only fallen by 1.65%. <BR><BR>Additionally, the stock is trading below its moving averages across multiple periods, indicating a bearish trend. The finance/NBFC sector has also experienced a decline of 3.85%, contributing to the negative sentiment surrounding Banas Finance. Furthermore, there has been a significant drop in investor participation, with delivery volume on March 18 falling by 76% compared to the 5-day average. This lack of trading activity suggests reduced interest among investors, further pressuring the stock price downward. <BR><BR>Overall, these factors collectively indicate that Banas Finance Ltd is experiencing a decline in its stock price.

Why is Banas Finance Ltd falling/rising?

As of 20-Mar, Banas Finance Ltd's stock price is Rs 6.01, reflecting a 0.5% decrease and a significant decline of 9.08% over the past month. The stock is near its 52-week low and shows a bearish trend with reduced investor participation.

As of 20-Mar, Banas Finance Ltd's stock price is falling, currently at Rs 6.01, which reflects a decrease of Rs 0.03 or 0.5%. The stock has shown a negative performance trend, having fallen after two consecutive days of gains. Over the past month, the stock has declined by 9.08%, and year-to-date, it has decreased by 26.97%, significantly underperforming compared to the Sensex, which has only fallen by 12.54% in the same period.<BR><BR>Additionally, the stock is currently close to its 52-week low, being just 3.33% away from Rs 5.81. The moving averages indicate that while the stock is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume on 19 March dropping by 85.41% compared to the 5-day average, indicating reduced interest from investors. These factors collectively contribute to the stock's current downward trajectory.

Why is Banas Finance Ltd falling/rising?

As of 23-Mar, Banas Finance Ltd's stock price is at Rs. 5.70, down 5.0%, marking a new 52-week low. The stock has significantly underperformed its sector and benchmark indices, with a year-to-date decline of 30.74% compared to the Sensex's 14.70% drop.

As of 23-Mar, Banas Finance Ltd's stock price is falling, currently at Rs. 5.70, which reflects a decrease of Rs. 0.3 or 5.0%. The stock has been on a downward trend, having underperformed its sector by 1.2% today and experiencing a consecutive decline over the last two days, resulting in a total drop of 5.63% during this period. Additionally, the stock has reached a new 52-week low of Rs. 5.39 today.<BR><BR>In terms of performance relative to the benchmark, Banas Finance Ltd has shown significant declines across various time frames. Over the past week, the stock has decreased by 4.36%, while in the last month, it has fallen by 13.64%. Year-to-date, the decline is even more pronounced at 30.74%, compared to a 14.70% drop in the Sensex. Over the past year, the stock has decreased by 30.40%, while the Sensex has only fallen by 5.47%. This trend continues over three years, where Banas Finance Ltd has decreased by 33.48%, contrasting sharply with the Sensex's increase of 25.50%.<BR><BR>Moreover, the stock 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 sustained bearish sentiment. The finance/NBFC sector overall has also seen a decline of 3.81%, contributing to the negative sentiment surrounding Banas Finance Ltd. Despite a slight increase in delivery volume, the overall liquidity remains low, further reflecting the challenges the stock is facing.

Why is Banas Finance Ltd falling/rising?

As of 24-Mar, Banas Finance Ltd's stock price is at Rs. 5.46, reflecting a significant decline of 33.66% year-to-date and underperformance compared to the Sensex. The stock has hit a 52-week low and is trading below all major moving averages, indicating a bearish trend despite increased investor participation.

As of 24-Mar, Banas Finance Ltd's stock price is falling, currently at Rs. 5.46, which reflects a decrease of Rs. 0.2 or 3.53%. The stock has been underperforming significantly, with a decline of 8.24% over the past week and 16.13% over the past month, compared to the Sensex, which has fallen only 2.63% and 9.92% respectively during the same periods. Year-to-date, the stock has dropped 33.66%, while the Sensex has decreased by 13.09%. <BR><BR>Today, the stock hit a new 52-week low of Rs. 5.11 and has been on a consecutive downward trend for the last three days, resulting in a total decline of 9.6% in that timeframe. Additionally, Banas Finance is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 93.2% against the 5-day average, the stock's performance has still underperformed its sector by 5.85%. The finance/NBFC sector has gained by 2.38%, further highlighting the stock's struggles. Overall, these factors contribute to the ongoing decline in Banas Finance Ltd's stock price.

Why is Banas Finance Ltd falling/rising?

As of 25-Mar, Banas Finance Ltd's stock price is at 5.40, reflecting a 1.1% decrease and a total drop of 10.6% over the last four days. The stock has significantly underperformed the benchmark Sensex and is trading below its moving averages, indicating a bearish trend and decreased investor participation.

As of 25-Mar, Banas Finance Ltd's stock price is falling, currently at 5.40, which reflects a decrease of 0.06 or 1.1%. The stock has been underperforming significantly, with a consecutive decline over the last four days, resulting in a total drop of 10.6% during this period. Additionally, the stock has shown poor performance compared to the benchmark Sensex, with a year-to-date decline of 34.39% against the Sensex's 11.67% drop.<BR><BR>The stock 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. Furthermore, investor participation has decreased, as evidenced by a delivery volume of 27.15k on March 24, which is down 37.02% compared to the 5-day average. Despite the finance sector gaining by 2.93%, Banas Finance Ltd has underperformed its sector by 4.02%. These factors collectively contribute to the ongoing decline in the stock's price.

Which are the latest news on Banas Finance?