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.

Should I buy, sell or hold Banas Finance?

Which are the latest news on Banas Finance?

Why is Banas Finance falling/rising?

As of 03-Dec, Banas Finance Ltd's stock price is at 8.73, reflecting a decline of -1.8% and a total drop of -3% over the last two days. Year-to-date, the stock has decreased by -13.05%, contrasting with the Sensex's gain of +8.92%, indicating ongoing weakness and reduced investor participation.

As of 03-Dec, Banas Finance Ltd's stock price is falling, currently at 8.73, which reflects a change of -0.16 or -1.8%. The stock has underperformed its sector by -0.74% today and has been on a consecutive decline for the last two days, resulting in a total drop of -3% during this period. Over the past week, the stock has decreased by -5.21%, while the benchmark Sensex has only fallen by -0.59%. <BR><BR>Additionally, the stock's performance year-to-date shows a significant decline of -13.05%, contrasting sharply with the Sensex's gain of +8.92%. The stock has also experienced a notable decrease in investor participation, with delivery volume dropping by -42.21% compared to the 5-day average. Although the stock is trading higher than its 50-day and 200-day moving averages, it is below its 5-day, 20-day, and 100-day moving averages, indicating a short-term weakness. Overall, these factors contribute to the ongoing decline in Banas Finance Ltd's stock price.

Is Banas Finance overvalued or undervalued?

As of December 3, 2025, Banas Finance is considered overvalued and risky, with a low PE ratio of 4.94, a concerning EV to EBIT of -39.99, and a year-to-date return of -13.05%, significantly underperforming compared to its peers and the Sensex.

As of 3 December 2025, the valuation grade for Banas Finance has moved from very attractive to risky, indicating a significant downgrade in its investment appeal. The company is currently assessed as overvalued, particularly when considering its low PE ratio of 4.94 and an alarming EV to EBIT of -39.99, which suggests that the company's earnings are not supporting its valuation. Additionally, the EV to Sales ratio stands at 0.97, further highlighting potential overvaluation concerns.<BR><BR>When compared to peers, Banas Finance's valuation metrics starkly contrast with those of Bajaj Finance, which has a PE ratio of 34.68, and Life Insurance, with a PE of 10.75. This disparity underscores the relative risk associated with Banas Finance. Furthermore, the company's recent stock performance has been underwhelming, with a year-to-date return of -13.05%, significantly lagging behind the Sensex's positive return of 8.92% over the same period. Overall, these factors collectively suggest that Banas Finance is currently overvalued in the market.