About Axis Finance Limited
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Axis Finance Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Axis Bank Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65921MH1995PLC212675. Its GSTIN is 27AAACK3010F1Z6 (Maharashtra). The company holds 22 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹693.57 Cr. It was formerly known as Axis Finance Private Limited and Enam Finance Private Limited. It is led by directors including Vishal Sharan (Whole-Time Director) and Narasimhan Rajashekaran.
Its last annual general meeting (AGM) was held on 24 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Axis House Ground Floor Wadia International Centre Worli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,100.64 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹652.47 Cr (net margin 15.9%) and EBITDA of ₹3,333.23 Cr (EBITDA margin 81.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 33% over five years.
The company has about 1,245 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Finance Axis, Axis Finance and Axis Finance. As per MCA filings, the company has open charges of ₹53,762 Cr and satisfied charges of ₹9,711.3 Cr on record. Court records list 16,867 cases involving the company, including 16,589 filed by the company and 144 filed against it; 9,832 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axisfinance.in.
Name History of Axis Finance Limited
Axis Finance has undergone 3 name changes throughout its history. The company was previously known as Axis Finance Private Limited, Enam Finance Private Limited, and Kalpataru Hire Purchase & Leasing Private Limited. The current legal name is Axis Finance Limited.
| Company Name | Status |
|---|---|
| Axis Finance Limited | Current |
| Axis Finance Private Limited | Previous |
| Enam Finance Private Limited | Previous |
| Kalpataru Hire Purchase & Leasing Private Limited | Previous |
CIN History of Axis Finance Limited
Axis Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65921MH1995PLC212675, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921MH1995PLC212675 | Current |
| U65921MH1995PTC212675 | Previous |
| U65921TN1995PTC031136 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAxis House Ground Floor Wadia International Centre Worli, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Axis Finance Limited
Axis Finance operates multiple associated brands including Finance Axis, Axis Finance, and Axis Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online investment platform offering automated cryptocurrency trading services. | financeaxiss.com | |
| Financial services including loans and online platforms in India. | axisfinance.co.in | |
| Consumer and SME loans are provided by AFL in India. | axisfinance.in |
Business Activity of Axis Finance Limited
The main business activity of Axis Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Axis Finance Limited FY 2025 filings available
Axis Finance Limited reported revenue of ₹4,100.64 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Axis Finance Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 30% growth in the latest year. EBITDA rose 26% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Axis Finance Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3,333.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹652.47 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Axis Finance Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axis Finance are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Axis Finance Limited
Axis Finance Limited currently reports 9 directors and 1 key managerial person. 28 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasimhan Rajashekaran | Director | 26 Jun 2024 | 2 Years 3 Months | Current |
| Amitabh Chaudhry | Director | 17 Jan 2019 | 7 Years 9 Months | Current |
| Pravin Udhyavara Bhadya Rao Also directs: Cohance Lifesciences Limited, Computer Age Management Services Limited, Zensar Technologies Limited and 2 more | Director | 14 Apr 2022 | 4 Years 6 Months | Current |
| Pallavi Kanchan Also directs: Purearth Infrastructure Limited, SBM Bank (India) Limited, CRMF Trustee Private Limited and 2 more | Director | 12 Jan 2023 | 3 Years 9 Months | Current |
| Narasimha Murthy Kummamuri | Director | 12 Jan 2023 | 3 Years 9 Months | Current |
| Puneet Mahendra Sharma Also directs: Axis Securities Limited | Director | 26 Jun 2024 | 2 Years 3 Months | Current |
Peer Comparison of Axis Finance Limited
Axis Finance Limited is compared with the companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Utkarsh Small Finance Bank Limited | ₹4,364.76 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Varanasi, Uttar Pradesh, India |
| Esaf Small Finance Bank Limited | ₹4,260.25 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Thrissur, Kerala, India |
| Policybazaar Insurance Brokers Private Limited | ₹4,248.78 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Gurgaon, Haryana, India |
| Poonawalla Fincorp Limited Listed | ₹4,222.84 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
| Utkarsh Coreinvest Limited | ₹4,155.62 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Varanasi, Uttar Pradesh, India |
| Axis Finance Limited this company | ₹4,100.64 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Kanishtha Finance and Investment Private Limited | ₹4,012.57 Cr (FY 2018) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Rainbow Investments Limited | ₹3,962.57 Cr (FY 2019) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| India Infoline Finance Limited | ₹3,856.96 Cr (FY 2018) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Bilakhia Holdings Private Limited | ₹3,663.83 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Vapi, Gujarat, India |
| Capri Global Capital Limited Listed | ₹3,250.84 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Axis Finance by revenue in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Axis Finance Limited
Axis Finance Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. BATLIBOI & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Axis Finance Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Axis Finance Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2025 | Others | ₹275 Cr | Open |
| 19 May 2025 | Others | ₹1,000 Cr | Open |
| 07 Apr 2025 | Others | ₹665.5 Cr | Open |
| 21 Mar 2025 | Others | ₹3,059.5 Cr | Open |
| 20 Apr 2024 | Others | ₹2,500 Cr | Open |
Total charge records: 61 View all charges
Legal Cases of Axis Finance Limited
Axis Finance Limited has 16,867 court cases on record: 16,589 filed by Axis Finance, 144 filed against it, 134 where it is another party. 9,832 cases are pending and 7,035 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16,463 | 87 | 9,725 |
| High courts | 393 | 52 | 105 |
| NCLAT | 9 | 3 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 16,867)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Inspira Enterprise India Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Nevera Infratech Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Technopayment Private Limited | Pending |
| NCLAT, New Delhi | Company appeal | Filed against the company by Kalpatru Advisory Services Private Limited and 2 others | Pending |
| Calcutta High Court | Court case (CS-COM) | Filed by the company against Balaram Properties Pvt.Ltd. | Disposed |
Full case history
All 16,867 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Axis Finance Limited
Axis Finance Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 631 overdue payments to 146 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 146)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Streebo Solutions Limited | •••• | •••• | •••• |
| Redbrick IT Support Services LLP | •••• | •••• | •••• |
| Ashapura Business World LLP | •••• | •••• | •••• |
| Aparajitha Corporate Services Private Limited | •••• | •••• | •••• |
| Comnet Solutions Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Axis Finance Limited
Axis Finance Limited has a workforce of 1,245 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Axis Finance Limited
Axis Finance Limited has 38 board changes on record since 2008: 10 appointments and 28 cessations. The latest: Vishal Sharan ceased to be Additional Director on 23 Jun 2025.
141 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Axis Finance Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Axis Finance Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Axis Finance Limited
Axis Finance has 22 GST registrations: 22 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK3010F1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 09AAACK3010F1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACK3010F1ZC | Gujarat | Active | 01 Jul 2017 |
| 29AAACK3010F1Z2 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Axis Finance Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Axis Finance Limited
Frequently Asked Questions about Axis Finance Limited
Axis Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 April 1995 (31+ years old) and is registered under CIN U65921MH1995PLC212675.
Axis Finance reported revenue of ₹4,100.64 Cr for FY 2025 (up 30% YoY).
Axis Finance has 10 current directors and KMP:
- Vishal Sharan - Whole-Time Director
- Narasimhan Rajashekaran - Director
- Amitabh Chaudhry - Director
- Pravin Udhyavara Bhadya Rao - Director
- Pallavi Kanchan - Director
- Narasimha Murthy Kummamuri - Director
- Puneet Mahendra Sharma - Director
- Baburao Busi - Director
- Deepak Maheshwari - Director
- Sai Giridhar - Ceo
Axis Finance reported a net profit of ₹652.47 Cr (net margin 15.9%) and EBITDA of ₹3,333.23 Cr (EBITDA margin 81.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axis Finance is 42% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axis Finance is 27AAACK3010F1Z6, registered in Maharashtra. The company has 22 GST registrations in all, of which 22 are active. Other active GSTINs include 09AAACK3010F1Z4 (Uttar Pradesh), 24AAACK3010F1ZC (Gujarat), 29AAACK3010F1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Axis Finance is U65921MH1995PLC212675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axis Finance has 16,867 court cases on record: 16,589 filed by the company and 144 filed against it. 9,832 are pending. Most are in the district courts.
Axis Finance was incorporated on 27 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Axis Finance by revenue are Utkarsh Small Finance Bank Limited, Esaf Small Finance Bank Limited, Policybazaar Insurance Brokers Private Limited, Poonawalla Fincorp Limited, Utkarsh Coreinvest Limited and 5 more, all in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies).
Vishal Sharan ceased to be Additional Director on 23 Jun 2025. Vishal Sharan was appointed as Whole-Time Director on 29 May 2025. Sai Giridhar was appointed as CEO on 01 Jan 2025. Axis Finance has 38 board changes on record in total.
Axis Finance has 10 MSME Form 1 returns on record between 2021 and 2024, listing 631 overdue payments to 146 micro and small suppliers. The latest return was filed on 26 Apr 2024.