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 17,302 cases involving the company, including 17,015 filed by the company and 288 filed against it; 10,246 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.
Company details
Name history
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
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 |
Contact details
Axis Finance Limited's registered office is in Mumbai, Maharashtra. Its website is axisfinance.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAxis House Ground Floor Wadia International Centre Worli, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Axis Finance Limited, buy the company report.
- 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
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Axis Finance Limited, buy the company report.
Financials of Axis Finance Limited
FY 2025 filings availableAxis Finance Limited reported revenue of ₹4,100.64 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹3,333.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹652.47 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Axis Finance Limited, buy the company report.
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 |
Auditor
Axis Finance Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2019 | 301003E/ E300005 |
Shareholding
The shareholding of Axis Finance Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Axis Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101140254 | Others | ₹275 Cr | Open | |
| 19 May 2025 | 101152180 | Others | ₹1,000 Cr | Open | |
| 07 Apr 2025 | 101105803 | Others | ₹665.5 Cr | Open | |
| 21 Mar 2025 | 101132684 | Others | ₹3,059.5 Cr | Open | |
| 20 Apr 2024 | 100923659 | Others | ₹2,500 Cr | Open |
To see the full charge records of Axis Finance Limited, buy the company report.
Total charge records: 61 View all charges
Legal cases
Axis Finance Limited has 17,302 court cases on record: 17,015 filed by Axis Finance, 288 filed against it. 10,246 cases are pending and 7,056 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16,895 | 178 | 10,138 |
| High courts | 392 | 101 | 105 |
| NCLAT | 9 | 3 | 2 |
| Supreme Court | 5 | 5 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17,302)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Axis Finance Ltd | Pending |
| District court, Coimbatore, Tamil Nadu | Court case (IP) | Filed against the company by SMFG India Credit Company Limited Formerly Fullerton India Credit Company Limited, Rep by Its Aut and 1 other | Pending |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against Spe Homes Private Limited and Ors. | Pending |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against R R Eco Energies Private Limited and 1 other | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by M/S Freshcrop Food and Spices | Pending |
To see the full case history of Axis Finance Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Axis Finance Limited was last rated by Brickwork on 27 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 27 Dec 2021 |
To see the full credit ratings and regulatory alerts of Axis Finance Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Axis Finance Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Axis Finance Limited has a workforce of 1,245 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Axis Finance Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 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
The latest financial statements of Axis Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 June 2025. Year-wise statements from 2015 are in the company report.
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 17,302 court cases on record: 17,015 filed by the company and 288 filed against it. 10,246 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.
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.
Axis Finance can be reached through the website axisfinance.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Axis Finance is at Axis House Ground Floor Wadia International Centre Worli, Mumbai, Maharashtra, India – 400025.