About MDFC
MDFC is a company based in Sikar (India) founded in 1996. It operates as a B2C and D2C. The company has 98 employees. MDFC offers products and services including Commercial Vehicle Loan, Tractor Loan, MSME Loan - Secured, MSME Loan - Unsecured, and Car Loan. MDFC operates in a competitive market with competitors including CreditMate, Kuwy, Perpetuity Capital, Autovert and DroomCredit, among others.
- Annual Revenue₹23.82 Cr
FY 2024 · +93% YoY
- Net Profit₹1.70 Cr
FY 2024 · 7% margin
- EBITDA₹15.48 Cr
FY 2024 · 65% margin
- Employee Count98
Associated legal entities of MDFC
MDFC operates through Mdfc Financiers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mdfc Financiers Private Limited CIN U65921PB1996PTC018591 | Active | 05 Aug 1996 | Zirakpur, Punjab | ₹23.8 Cr | 98 | 8 | View details |
Products & Services of MDFC
MDFC offers a comprehensive portfolio of products and services, including Commercial Vehicle Loan, Tractor Loan, MSME Loan - Secured, MSME Loan - Unsecured, and Car Loan.
Provides funds for purchasing commercial vehicles.
Offers financing for acquiring tractors.
Delivers secured loans for MSME working capital.
Provides unsecured loans for MSME operations.
Facilitates loans for car purchases.
Enables financing for two-wheeler vehicles.
Apps and channels of MDFC
its YouTube channel WhatsApp has 2.08M subscribers and 30 videos.
Videos from MDFC
The most watched videos on MDFC's YouTube channel, WhatsApp (2.08M subscribers). Click a video to play it here.
More on WhatsApp.
Board of directors of Mdfc Financiers Private Limited (MDFC)
Mdfc Financiers Private Limited is the primary company behind MDFC. The board of Mdfc Financiers Private Limited currently have 5 directors; the longest-serving is Swati Pawanda, appointed in 2020. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swati Pawanda DIN 07902691 | Director | 16 Jul 2020 | 6 yrs 2 mo | Mdfc Financiers Private Limited |
| Mukesh Pawanda Kumar DIN 07902698 | Managing Director | 21 Aug 2020 | 6 yrs 1 mo | Mdfc Financiers Private Limited |
| Raj Kumar DIN 08030865 | Director | 24 Dec 2020 | 5 yrs 9 mo | Mdfc Financiers Private Limited |
| Abhishek Tiwari DIN 03410007 | Director | 13 Apr 2022 | 4 yrs 6 mo | Mdfc Financiers Private Limited |
| Rishi Dhariwal DIN 11232235 | Director | 29 Aug 2025 | 1 yr 1 mo | Mdfc Financiers Private Limited |
Financials of MDFC
Figures of Mdfc Financiers Private Limited, the primary company behind MDFC, for FY 2024. Revenue was ₹23.82 Cr (+93% year on year). Net profit was ₹1.70 Cr (7% margin). EBITDA was ₹15.48 Cr (65% margin). Revenue has grown at a compounded annual rate of +178% over three years and +250% over five years.
- ₹23.82 CrRevenue · FY 2024 · +93% YoY
- ₹1.70 CrNet profit · 7% margin
- ₹15.48 CrEBITDA · 65% margin
- ₹25.93 CrPaid-up capital
- 98Employees (provident fund records)
- +178%Revenue CAGR, 3 years
- +250%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mdfc Financiers Private Limited are on its company page.
Detailed financial statements for MDFC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of MDFC
MDFC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CreditMate, Kuwy, Perpetuity Capital, Autovert and DroomCredit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| creditmate.in | 2016 | Mumbai, India | $2.65M | 80 | Overdue payments are collected from borrowers for multiple lenders. | |
| kuwy.in | 2017 | Chennai, India | $7.02M | 471 | Automotive financing is provided via an app-based marketplace. | |
| perpetuitycapital.in | 2017 | Kolkata, India | $124,977 | 40 | Online auto loans for vehicles are provided through digital platforms. | |
| autovert.in | 2016 | Bengaluru, India | $194,315 | 46 | Online platform for electric vehicles financing | |
| droomcredit.com | 2017 | Delhi, India | – | 138 | An online marketplace is facilitated for availing auto loans. | |
| secondwheel.in | 2017 | Bhimavaram, India | – | – | Operates as an online aggregator for automotive financing solutions. | |
| recapitalindia.com | 2017 | Jaipur, India | – | – | Offers paperless loans for electric vehicle purchases in India. | |
| easycarloancanada.com | 2017 | India | – | – | Hosts a digital marketplace for auto loans in Canada. |
Detailed competitors of MDFC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Similar companies to MDFC
10 companies that operate in the same segment as MDFC (Commercial & Off-Highway Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle leasing, fleet management, and outsourcing services are provided. | 1989 | Leeds, England, United Kingdom | USD 99.22 M | – | – | |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | 2022 | Chennai, Tamil Nadu, India | USD 519.2 M | USD 2.07 B | 530 | |
Develops innovative GPS tracking technologies for fleet operators. | 2000 | Valsad, Gujarat, India | – | – | – | |
Lynkit develops telematic systems for enterprise fleet tracking. | 2017 | Delhi, Delhi, India | – | USD 2.06 M | 100 | |
Assets like trucks and storage are supplied and maintained. | 1935 | Milton Keynes, United Kingdom | – | – | 1,059 | |
Provides AI tools for attendance, fleet management, and customer support systems. | 2013 | Bengaluru, Karnataka, India | – | USD 70.66 K | 42 | |
Trucks and transport solutions are designed, produced, and distributed. | 1978 | Lyon, Auvergne-rhone-alpes, France | USD 966.44 K | – | – | |
Automotive commercial vehicles are manufactured by Farizon Auto in China. | 2016 | China | USD 900 M | – | – | |
Authorized dealer for Tata trucks, buses, tippers, and vehicle services in South India. | 1997 | Ernakulam, Kerala, India | – | USD 108.05 M | 1,670 | |
Produces heavy-duty trucks, buses, and services for commercial transportation in India. | 2011 | Chennai, Tamil Nadu, India | – | USD 1.3 B | 3,607 |
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Frequently Asked Questions about MDFC
MDFC was founded in 1996.
MDFC is headquartered in Sikar, India. It is registered at Sikar, Rajasthan, India.
MDFC has 98 employees.
The primary company behind MDFC, Mdfc Financiers Private Limited, reported revenue of ₹23.82 Cr for FY 2024, up 93% year on year.
MDFC Financiers is a financial services company that provides loans for commercial vehicles, tractors, secured and unsecured MSME loans, car loans, and two-wheeler loans. It focuses on customers in lower and middle-income segments in semi-urban and rural regions of India. The company emphasizes simple processes, minimal documentation, and tailored solutions to support entrepreneurial aspirations, including for farmers and small businesses. Operating from multiple offices, it promotes financial inclusion through efficient services and customer-centric approaches.
MDFC's top competitors include CreditMate, Kuwy and Perpetuity Capital.
MDFC offers Commercial Vehicle Loan, Tractor Loan, MSME Loan - Secured, MSME Loan - Unsecured, and 2 more products and services.
MDFC operates through Mdfc Financiers Private Limited.
The legal entities of MDFC currently have 8 directors, including Raj Kumar, Mukesh Pawanda Kumar, Swati Pawanda and others.