BSE: 538952
Abhinav Leasing & Finance Limi
Earns revenue as a non-banking financial company (NBFC) based in Delhi and listed on BSE under the leasing and finance classification. The company provides lending and leasing services to borrowers, though the filings note its 'business activity remains limited' and do not break down the loan book or product mix. For FY26, total revenue stood at Rs. 6.4934 crore against total assets of Rs. 45.2013 crore. Quarterly revenue is highly variable - Q3 FY26 revenue from operations was Rs. 92.71 lakhs versus Rs. 898.19 lakhs in the year-ago quarter, while the company still posted a net profit of Rs. 17.22 lakhs. Costs are dominated by other operating expenses at 11.7% of revenue and employee costs at 5% of revenue, with no material costs and negligible capex. The capital structure comprises 49,98,000 outstanding shares held by 15,142 shareholders as of the September 2025 AGM record date. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Lending and finance operations. Small, Delhi-based non-banking financial company in leasing and finance with limited disclosed business activity
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 32 | 43 | 34 | 39 | 6 |
| EBITDA (ex other income) | 1 | 3 | 2 | 1 | 2 |
| margin % | 2.3 | 6.3 | 5.8 | 1.6 | 37.8 |
| Owners' profit | 0 | 0 | 0 | 0 | 1 |
| EPS, as reported (₹) | 0.01 | 0.02 | 0.03 | 0.05 | 0.13 |
| ROE % · ROCE % | 1.1 · — | 1.7 · — | 2.9 · — | 3.8 · — | 9.8 · 5.6 |
| Debt / equity (x) | — | — | — | — | 5.64 |
| Cash from operations | 19 | (7) | (18) | 7 | 1 |
| Capex | (0) | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 9 | 3 | 0 | 3 | 1 | 2 | 1 |
| Profit before tax | 0 | (1) | (0) | 0 | 0 | 0 | (0) | 0 |
| Net profit | 0 | (1) | (0) | 0 | 0 | 0 | (0) | 0 |
| EPS (₹) | 0.01 | (0.11) | (0.05) | 0.05 | 0.09 | 0.03 | (0.06) | 0.01 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 14.4 | 18.1 | 89 of 200 | 56% |
| P/B | 0.8 | 1.1 | 96 of 253 | 62% |
| ROCE | 2.0 | 2.0 | 30 of 59 | 50% |
| ROE | 9.8 | 3.1 | 57 of 257 | 78% |
| Debt / Equity | 5.6 | 0.0 | 52 of 53 | 2% |
| EBITDA margin | 73.5 | 48.6 | 71 of 249 | 72% |
| Revenue growth | 130.6 | 12.6 | 36 of 231 | 85% |
| Profit growth | (41.9) | 7.8 | 154 of 251 | 39% |
| Market cap | 5 | 34 | 249 of 268 | 7% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · BSE in-principle nod for 6 crore convertible warrants | fund raising | high | — | — |
| 9 Oct 2026 · AGM resolutions passed with around 36 percent dissent from public shareholders | compliance | minimal | — | — |
| 9 Oct 2026 · Compliance certificate under SEBI Reg 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 6 Oct 2026 · Corrigendum to 42nd AGM notice - preferential issue of 6 crore warrants | compliance | minimal | — | — |
| 5 Oct 2026 · Corrigendum to 42nd AGM notice: 6 crore warrant issue for working capital | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading window closed for Q2 and half-year results period | compliance | minimal | — | — |
| 17 Sept 2026 · 42nd AGM voting results: 5 resolutions passed with 99.96 percent majority | board shareholder meetings | low | — | — |
| 16 Sept 2026 · 42nd AGM concludes; shareholders approve capital raise via warrants | board shareholder meetings | low | — | — |
| 16 Sept 2026 · Abhinav Leasing holds 42nd AGM; votes on INR 6 Cr warrant issue and capital hike | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Abhinav Leasing appoints Kamya Sonthalia as Company Secretary and Compliance Officer | management changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.