NSE: AFIL · BSE: 544200
AKME FINTRADE (INDIA) LTD
Operates as an RBI-regulated non-banking financial company (NBFC), now classified under the Middle Layer under RBI scale-based norms, lending primarily through a branch network oriented to semi-urban and rural markets. Core revenue comes from interest income on its loan book, which is funded in part through debt instruments, including Rs 25 crore of secured listed NCDs at an 11.50% coupon and a Rs 20 crore term loan sanctioned by SIDBI. It is diversifying beyond pure lending: a partnership with Shriram General Insurance adds general insurance distribution through the same branch network, and a tie-up with Finayo has launched AKME GreenX, a green finance platform targeting EVs and renewable energy, with a stated two-year target of Rs 100 crore in EV assets and Rs 100 crore in solar assets, scaling to a Rs 1,000 crore EV and solar financing portfolio over five years. FY26 revenue was Rs 149.06 crore, total assets stood at Rs 934.29 crore, and the cost base is dominated by employee cost (10.8% of revenue) and other operating expenses (10.8%), with negligible materials cost as is typical for a financial services business. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Lending / interest income on loan book, General insurance distribution, Green finance (EV and solar). NBFC lending business; asset-light on materials, with cost base tilted to people and funding
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 74 | 102 | 149 |
| EBITDA (ex other income) | 53 | 79 | 111 |
| margin % | 71.5 | 77.0 | 74.7 |
| Owners' profit | 19 | 33 | 42 |
| EPS, as reported (₹) | 5.85 | 8.28 | 0.99 |
| ROE % · ROCE % | 8.3 · — | 8.7 · — | 10.0 · — |
| Debt / equity (x) | — | — | — |
| Cash from operations | (45) | (177) | (167) |
| Capex | (0) | 0 | (8) |
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 | 24 | 28 | 29 | 32 | 67 | 40 | 43 | 42 |
| Profit before tax | 10 | 12 | 12 | 12 | 26 | 14 | 14 | 14 |
| Net profit | 8 | 9 | 8 | 10 | 20 | 10 | 12 | 12 |
| EPS (₹) | 1.79 | 2.03 | 8.28 | 0.23 | 0.46 | 0.24 | 0.29 | 0.27 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Indian Overseas Bank sanctions Rs 50 crore term loan | credit debt | medium | — | — |
| 23 Oct 2026 · Board to review September 2026 quarter and half-year results | results | low | — | — |
| 19 Oct 2026 · AFIL allots 50,000 NCDs worth Rs 50 Cr via private placement | fund raising | high | — | — |
| 19 Oct 2026 · Board allots INR 50 Crore NCDs via private placement at 11.40 to 11.60 percent | fund raising | medium | — | — |
| 10 Oct 2026 · Board approves 50 crore NCD issuance in two series | fund raising | medium | — | — |
| 10 Oct 2026 · Akme Fintrade board approves NCD issue of up to Rs 50 crore on private placement | fund raising | medium | — | — |
| 8 Oct 2026 · Reg 74(5) Depository Certificate for Sep 2026 Quarter | compliance | minimal | — | — |
| 7 Oct 2026 · Board to consider INR 350 Cr NCD issuance on Oct 10 | fund raising | medium | — | — |
| 6 Oct 2026 · Trading approval for 1.3 crore shares from warrant conversion | capital market events | low | — | — |
| 6 Oct 2026 · Notice to shareholders for claiming unclaimed dividends before IEPF transfer | compliance | minimal | — | — |
How to read this document
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|---|---|---|
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
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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.