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LAXMI INDIA FINANCE LIMITED
Incorporated in 1996, LIFPL, a Jaipur-based company, registered as a non-deposit-taking NBFC with the RBI. LIFPL is led by Mr. Deepak Baid and Mrs. Prem Devi Baid and is engaged in vehicle financing, MSME catering to micro, small, and medium enterprises, and unsecured personal and business loans to individuals. The company commenced operations in April 2011 upon its merger with Deepak Finance & Leasing Company, a proprietorship firm engaged in extending credit in Rajasthan. Initially, the company financed 3-wheeler and 4-wheeler commercial and non commercial vehicles in Jaipur and nearby areas and subsequently extended its operations to various rural and semi-urban areas in Rajasthan. The company operates through a network of 170+ branches spread across 5 states — Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh (as of December 31, 2025).
Sector Focus
Finance (NBFC)
Highest Credit Rating
-
Listing (Debt)
BSE
Date of NBFC License by RBI
2001
Business & Products
MSME loans, vehicle loans, construction loans.
Key Management Personnel
Bonds issued by LAXMI INDIA FINANCE LIMITED
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Financial Performance
ParticularsFY26 (₹ in cr)FY25 (₹ in cr)FY24 (₹ in cr)
Net Worth465.47257.89201.73
Revenue (Total Income)319.59248.04175.02
PAT49.7636.0022.47
GNPA%2.131.070.73
NNPA%1.080.480.33
Gearing (times)2.884.413.80
Credit Rating

No credit ratings available.

Top Lenders to LAXMI INDIA FINANCE LIMITED
IDFC FIRST Bank
Union Bank of India
Canara Bank
Northern Arc Capital
Jana Small Finance Bank
Indian Overseas Bank
Bandhan Bank
AU Small Finance Bank
Strength
Established track record of promoters
Moderate financial risk profile with a diversified funding mix
Weakness
Susceptibility of asset quality to seasoning and concentration risk
Market News
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Headline
Published On
LAXMI INDIA FINANCE LIMITED has submitted its Shareholding Pattern for the Quarter Ended 30-Sep-2026. Promoter & Promoter Group holding: 60.17%, Public holding: 39.83%. Filed on 16-Oct-2026 17:36:45.
Announcements
16 Oct, 2026 05:36 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Certificate under SEBI (Depositories and Participants) Regulations, 2018. Filed on 07-Oct-2026 12:26:01.
Announcements
07 Oct, 2026 12:26 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Trading Window. Filed on 26-Sep-2026 12:52:18.
Announcements
26 Sep, 2026 12:52 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Trading Window-XBRL. Filed on 26-Sep-2026 12:50:21.
Announcements
26 Sep, 2026 12:50 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Change in Directors/KMP/SMP/Auditor/RTA. Filed on 18-Sep-2026 16:49:28.
Announcements
18 Sep, 2026 04:49 PM
Market News New
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Announcements
•
16 Oct, 2026 05:36 PM
LAXMI INDIA FINANCE LIMITED has submitted its Shareholding Pattern for the Quarter Ended 30-Sep-2026. Promoter & Promoter Group holding: 60.17%, Public holding: 39.83%. Filed on 16-Oct-2026 17:36:45.
Announcements
•
07 Oct, 2026 12:26 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Certificate under SEBI (Depositories and Participants) Regulations, 2018. Filed on 07-Oct-2026 12:26:01.
Announcements
•
26 Sep, 2026 12:52 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Trading Window. Filed on 26-Sep-2026 12:52:18.
Announcements
•
26 Sep, 2026 12:50 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Trading Window-XBRL. Filed on 26-Sep-2026 12:50:21.
Announcements
•
18 Sep, 2026 04:49 PM
LAXMI INDIA FINANCE LIMITED has informed the Exchange regarding Change in Directors/KMP/SMP/Auditor/RTA. Filed on 18-Sep-2026 16:49:28.
Source:
KID, Rating Rationale of Laxmi Finance Ltd.