Usha Financial

Delhi, India Founded: 2006 • Age: 20 yrs Listed
NBFC offering loans to entrepreneurs, MSMEs, and individuals
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About Usha Financial

Usha Financial is a publicly listed company based in Delhi (India) founded in 2006. NBFC offering loans to entrepreneurs, MSMEs, and individuals. Usha Financial has raised $12.45 million across 5 funding rounds from investors including Riwaaz Investments, Uninav Developers and BR Hands Investment. The company has 59 employees. Usha Financial was last valued at $16.83 million in October 2022. Its Indian entity Usha Financial Services Limited reported revenue of ₹60.62 Cr. Usha Financial offers products and services including Entrepreneur Loan, MSME Loan, and Green Financing. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include FlexiLoans, Bizongo and InCred; 3 of its 3 listed competitors have raised funding.

Company details

Usha Financial was established in 2006 in Delhi, India, as a non-banking financial company. Loans are extended to entrepreneurs, micro, small, and medium enterprises, and individuals to support business operations and personal requirements. Partnerships are formed with other NBFCs, NBFC-MFIs, and housing finance companies for green financing projects. Operations focus on enabling access to credit in the financial services sector across India.

  • Headquarters Delhi, India
  • Employees 59
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ushafinancial.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Usha Financial Services Limited
Operational Areas
Financial Services → Alternative Lending
Key Metrics
  • Market Cap
    ₹237 Cr

    USHAFIN-ST · NSE

  • Share Price
    ₹51.95

    -4.85% today

  • Revenue
    ₹71.13 Cr

    FY 2025-26 · +16.7% YoY

  • EBITDA
    ₹55.39 Cr

    Margin 77.9%

  • Net Profit
    ₹22.43 Cr

    FY 2025-26 · +68.1% YoY

  • P/E (TTM)
    9.9x

    P/B 1.1x

  • ROE
    10.2%

    ROCE 13.5%

  • Debt / Equity
    0.82

    Interest cover 43.6x

  • Total Equity Funding
    $12.45M (USD)

    in 5 rounds

  • Investors
    Riwaaz Investments

    & 61 more

  • Employee Count
    59

Products & Services of Usha Financial

Usha Financial offers a comprehensive portfolio of products and services, including Entrepreneur Loan, MSME Loan, and Green Financing.

Entrepreneur Loan
Business Loan

Provides funding for new business ventures and startup growth.

MSME Loan
SME Financing

Offers financial support for small and medium enterprises expansion.

Green Financing
Sustainable Loans

Facilitates loans for environmentally friendly projects and initiatives.

Apps and channels of Usha Financial

its YouTube channel Usha Financial Services Pvt Ltd | Finance Company India has 105 subscribers.

Usha Financial Services Pvt Ltd | Finance Company India
YouTube 105 subscribers
Open channel

Funding Insights of Usha Financial

Usha Financial has successfully raised a total of $12.45M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $12.45M
  • Total Rounds 5
  • First Round $218,160

    (Mar 2007)

  • Investors Count 62

All 5 funding rounds of Usha Financial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022Debt – Conventional$16.83M–
–
May 2022$10MSeries A––
BR Hands Investment, Grune Hafen
Mar 2022$29,083Seed$6.37M–
Geeta Goswami
Feb 2018$2.2MSeed$•••••Uninav Developers
Vipin Aggarwal, Rajesh Gupta
Mar 2007$218,160Seed$•••••Hightime Marketing
Balasaria Holdings, Up And Up Traders
Valuation history
DateValuationStage
Oct 2022$16.83M••••••••
Mar 2022$6.37M••••••••
Feb 2018$•••••••••••••
Mar 2007$•••••••••••••
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Full valuation and stage history of Usha Financial

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $16.83M (Oct 2022). 62 investors in total: 15 institutional and 47 angel.

Investors in Usha Financial

Usha Financial has secured backing from 62 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Riwaaz Investments, Uninav Developers and BR Hands Investment.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Initia Holdings
initiaholdings.tcc.mode
BR Hands Investment
Provider of financial inter mediation and other services
brhandsinvestment.tcc.modeDelhi, India
Grune Hafen
Copper recycling, refining, and metal manufacturing services in India.
2016grunehafen.comDelhi, India
Uninav Developers
Real estate developer building residential apartments with focus on quality and timely delivery in Delhi NCR.
2011uninavdevelopers.comDelhi, India
Riwaaz Investments
Offers personal loans, property loans, vehicle loans, and financial planning services.
2019riwaazinvestments.comIndia
Longview Research & Advisory Services
Market research, wealth management, and consulting services are provided.
longviewresearch.inNoida, India
Hightime Marketing
hightimemarketing.tcc.mode
Balasaria Holdings
balasariaholdings.tcc.mode
Up And Up Traders
upanduptraders.tcc.mode
Rima Impex
rimaimpex.tcc.mode
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Investor details for Usha Financial

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Usha Financial Services Limited (Usha Financial)

Usha Financial Services Limited is the primary company behind Usha Financial. The board of Usha Financial Services Limited currently have 6 directors; the longest-serving is Rajesh Gupta, appointed in 2015. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajesh Gupta
DIN 01941985
Managing Director18 Mar 201511 yrs 7 moUsha Financial Services Limited
Geeta Goswami
DIN 07810522
Director03 May 20179 yrs 5 moUsha Financial Services Limited
Nupur Gupta
DIN 09305281
Director10 Aug 20224 yrs 2 moUsha Financial Services Limited
Nimisha Jain
DIN 10651632
Director10 Jun 20242 yrs 4 moUsha Financial Services Limited
Nitesh Kumar Jha
DIN 09753494
Director26 Feb 20267 moUsha Financial Services Limited
Sudhanshu Singhal
DIN 08167554
Director03 Aug 20262 moUsha Financial Services Limited

People of Usha Financial

12 people are tracked at Usha Financial (10 in leadership, 2 in team); the tracked headcount is 59.

NameRoleGroup
Shakuntala Gupta
Leadership
Usha Gupta
Leadership
Shikha Gupta
Leadership
Priya Garg
Leadership
Satya Prakash Gupta
Leadership
Anoop Gupta
Leadership
Kanta Rani
Leadership
Utkarsh Gupta
Leadership
Rajesh Gupta
FounderLeadership
Prashant Raghuwanshi
Chief Financial OfficerLeadership
Harsh Agrawal
Graphic Designer & Wordpress DeveloperTeam
Priya Yadav
Credit ManagerTeam
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Complete people profiles for Usha Financial

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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IPO & Listings of Usha Financial

Usha Financial is a publicly listed company on the NSE with ticker symbol USHAFIN in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date31 Oct 2024
  • Listed onNSE: USHAFIN
  • Listed entityUsha Financial Services Limited
  • Exchange sectorFinance
  • ISININE0LS001014
  • Share price₹54.00 (-3.49% on the day) · 2026-10-14
  • Market capitalisation₹241 Cr
  • Price to earnings9.3
  • EPS (diluted, trailing year)₹5.78
  • Volume (last session)4,800

Financials of Usha Financial

Exchange-reported figures of Usha Financial Services Limited, the listed company behind Usha Financial (NSE: USHAFIN-ST).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹71.13 Cr
+16.7% YoY
EBITDA
₹55.39 Cr
+30.3% YoY
Profit After Tax
₹22.43 Cr
+68.1% YoY
Net Worth
₹230 Cr
+10.2% YoY
Total Assets
₹405 Cr
+2.9% YoY
Total Debt
₹176 Cr
-5.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue71.1360.9663.7946.0525.2925.8951.53
Revenue growth+16.7%-4.4%+38.5%+82.1%-2.3%-49.8%-
EBITDA55.3942.5146.9435.3816.2216.1535.90
EBITDA margin+77.9%+69.7%+73.6%+76.8%+64.1%+62.4%+69.7%
Profit before tax30.5217.6617.0413.785.474.9115.24
Net profit22.4313.3412.6710.154.143.8511.22
Net profit margin+31.5%+21.9%+19.9%+22.0%+16.4%+14.9%+21.8%
EPS (₹)5.176.1412.0810.796.306.0718.84
Balance sheet
Total assets405394298347153109188
Net worth23020910682.0847.6743.5238.46
Total debt17618518124897.2463.04148
Cash & bank6.1610.087.750.070.942.8029.81
Net working capital(16.78)(26.13)22923510959.06146
Cash flow
Cash from operations15.34(94.96)71.47(177)(35.19)(8.10)(26.87)
Cash from investing(7.81)(2.02)(8.06)1.780.20(2.20)0.10
Cash from financing(10.61)94.95(55.73)17535.31(16.70)54.38
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue20.2617.6319.1816.9317.3816.9416.5613.58
Revenue growth (YoY)+16.6%+4.1%+15.8%+24.7%+34.4%---
Other income0.050.060.040.040.040.000.040.00
Total expenses3.613.173.535.273.838.713.652.39
EBITDA16.6514.4615.6511.6613.558.2312.9111.19
EBITDA margin+82.3%+84.4%+81.6%+68.9%+78.5%+49.1%+78.5%+83.6%
Depreciation0.470.390.400.400.390.310.080.08
Interest5.465.316.045.986.056.326.865.54
Profit before tax10.778.829.255.327.151.606.015.57
Tax2.752.282.671.351.790.621.461.38

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue20.2617.6319.1816.9317.3816.9416.5613.58
Revenue growth (YoY)+16.6%+4.1%+15.8%+24.7%+34.4%---
Other income0.050.060.040.040.040.000.040.00
Total expenses3.613.173.535.273.838.713.652.39
EBITDA16.6514.4615.6511.6613.558.2312.9111.19
EBITDA margin+82.3%+84.4%+81.6%+68.9%+78.5%+49.1%+78.5%+83.6%
Depreciation0.470.390.400.400.390.310.080.08
Interest5.465.316.045.986.056.326.865.54
Profit before tax10.778.829.255.327.151.606.015.57
Tax2.752.282.671.351.790.621.461.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue71.1360.9663.7946.0525.2925.8951.53
Revenue growth+16.7%-4.4%+38.5%+82.1%-2.3%-49.8%-
Other income0.170.040.170.140.030.000.01
Total expenses15.7418.4516.8510.679.079.7415.63
Employee cost0.320.531.921.431.332.283.25
EBITDA55.3942.5146.9435.3816.2216.1535.90
EBITDA margin+77.9%+69.7%+73.6%+76.8%+64.1%+62.4%+69.7%
Depreciation1.590.560.270.230.320.460.50
Interest23.4524.3329.8021.5110.4610.7820.17
Profit before tax30.5217.6617.0413.785.474.9115.24
Tax8.094.324.263.631.331.064.02
Net profit22.4313.3412.6710.154.143.8511.22
Net profit margin+31.5%+21.9%+19.9%+22.0%+16.4%+14.9%+21.8%
EPS (₹)5.176.1412.0810.796.306.0718.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital43.4821.7410.599.426.586.355.95
Reserves & surplus18618795.4472.6641.0937.1732.51
Shareholders' funds (net worth)23020910682.0847.6743.5238.46
Secured loans53.9541.3418021190.8458.7493.21
Unsecured loans1221441.4036.906.404.3055.22
Total debt17618518124897.2463.04148
Total liabilities405394298347153109188
Assets
Gross block25.2823.559.402.682.652.622.56
Net block23.1323.007.210.490.690.971.37
Capital work in progress0.270.001.470.000.000.000.00
Investments6.650.000.000.002.162.190.03
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.020.020.000.000.000.000.00
Cash & bank balances6.1610.087.750.070.942.8029.81
Loans & advances1.290.6425926012064.63182
Total current assets7.4710.7426726012167.43212
Total current liabilities24.2536.8737.7425.6311.698.3765.87
Net working capital(16.78)(26.13)22923510959.06146
Total assets405394298347153109188
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.727.750.070.940.6229.812.20
Net cash from operating activities15.34(94.96)71.47(177)(35.19)(8.10)(26.87)
Net cash from investing activities(7.81)(2.02)(8.06)1.780.20(2.20)0.10
Net cash from financing activities(10.61)94.95(55.73)17535.31(16.70)54.38
Net change in cash(3.09)(2.03)7.68(0.86)0.31(27.01)27.61
Closing cash6.1610.087.750.070.942.8029.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+16.7%-4.4%+38.5%+82.1%-2.3%-49.8%-
EBITDA growth+30.3%-9.4%+32.7%+118.1%+0.4%-55.0%-
PBT growth+72.8%+3.6%+23.7%+151.9%+11.4%-67.8%+9997.0%
Net income growth+68.1%+5.3%+24.8%+145.2%+7.5%-65.7%-
Revenue CAGR (3Y)+15.6%+34.1%+35.1%-3.7%---
EBITDA CAGR (3Y)+16.1%+37.9%+42.7%-0.5%---
Profitability & leverage
Net income margin+31.5%+21.9%+20.0%+22.0%+16.4%+14.9%+21.8%
Return on capital employed+13.5%+12.1%+14.5%+14.1%+12.2%+10.6%+18.8%
Return on net worth+10.3%+8.5%+13.6%+15.7%+9.1%+9.4%+29.2%
Debt / equity0.821.172.282.661.762.583.86
Long-term debt / equity0.820.820.981.200.911.061.28
Interest cover43.5958.0063.8561.1965.7968.7156.98
Efficiency & per share
Fixed asset turnover2.923.7010.5917.339.6110.0020.13
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover3,565.006,100.000.000.000.000.000.00
EPS (₹)5.176.1412.0810.796.306.0718.84
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)52.8395.92100.1787.1472.4468.5164.62

Timeline of Usha Financial

5 dated milestones of Usha Financial across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Usha Financial is founded.
  2. Funding First funding round of $218K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Debt – Conventional,.
  5. IPO Lists on the stock exchange (IPO).

Competitors of Usha Financial

Usha Financial has 3 listed competitors in our database, 3 of them funded. They include FlexiLoans, Bizongo and InCred.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
FlexiLoans
flexiloans.com2016Mumbai, India$96.88M624
Business loans and financial products for MSMEs are provided.
Bizongo
bizongo.com2015Mumbai, India$257.08M94
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
InCred
incred.com2016Mumbai, India$320.39M2,161
Financial services are provided, specializing in personal and business loans.
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Detailed competitors of Usha Financial

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Web traffic of Usha Financial

The website of Usha Financial (ushafinancial.com) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▼ 9.8% vs previous month

Similar websites

Websites whose visitors overlap most with Usha Financial. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
usha.in
usha.in
100%
#1,711,372–

Top companies in Alternative Lending

3 companies that operate in the same segment as Usha Financial (Alternative Lending) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
BharatPe
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Square Yards
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
InCred
Financial services are provided, specializing in personal and business loans.
2016Mumbai, Maharashtra, IndiaUSD 320.39 MUSD 106.45 M2,161
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Related news about Usha Financial

Usha Financial Services standalone net profit rises 50.09% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 2 months ago
Usha Financial Services Appoints Gopal Rawat As Interim CFO
Reuters • 3 months ago
Usha Financial Services Limited IPO Opens on October 24, 2024
Aninews • 1 year ago
India ranks 2nd in global funding for women-led tech startups
Yourstory • 1 year ago
Business Usha Financials Welcomes Women-Led Growth with MSME Loan Initiatives
Mediabulletins • 1 year ago
Usha Financial Services Increases Presence With New Branch In Uttar Pradesh
Businessnewsthisweek • 1 year ago
Usha Financial Services IPO: GMP jumps from ₹18 to ₹40 as NSE SME IPO declares price band
Livemint • 1 year ago
Usha Financial Services Limited IPO Full Details
Ismdu • 1 year ago
Usha Financial Services IPO: GMP jumps from ₹18 to ₹40 as NSE SME IPO declares price band | Stock Market News
mint • 2 years ago
Usha Financial Services Limited (UFSL) Successfully Announce IPO, Aims for Expanded Growth in India's Financial Services Sector
Business Standard • 2 years ago
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Frequently Asked Questions about Usha Financial

Usha Financial was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Usha Financial is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Usha Financial is a funded company, having raised a total of $12.45M across 5 funding rounds to date. The company's 1st funding round was a Seed of $218.16K, raised on Mar 2007.

Usha Financial has 59 employees.

The primary company behind Usha Financial, Usha Financial Services Limited, reported revenue of ₹60.62 Cr for FY 2025, down 5% year on year.

Usha Financial was established in 2006 in Delhi, India, as a non-banking financial company. Loans are extended to entrepreneurs, micro, small, and medium enterprises, and individuals to support business operations and personal requirements. Partnerships are formed with other NBFCs, NBFC-MFIs, and housing finance companies for green financing projects. Operations focus on enabling access to credit in the financial services sector across India.

Usha Financial's top competitors include InCred, FlexiLoans and Bizongo.

Usha Financial offers Entrepreneur Loan, MSME Loan, and Green Financing.

Yes, Usha Financial is publicly traded on NSE under the ticker symbol USHAFIN.

Usha Financial has 62 investors. Key investors include Riwaaz Investments, Uninav Developers, BR Hands Investment, Grune Hafen, and Sandhya Gupta.

The valuation of Usha Financial is $16.83M as of Oct 2022.

Usha Financial operates through Usha Financial Services Limited.

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