Baghmar Finance Limited
About Baghmar Finance Limited
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Baghmar Finance Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 13 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65191TN1994PLC028062. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.49 Cr. It was formerly known as Baghmar Finance Private Limited. It is led by directors including Padamchand Baghmar (Managing Director) and Mukesh Chand Baghmar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.49 Erulappan Street Sowcarpet, Chennai, Tamil Nadu, India – 600079.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.83 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹40.77 Lakh (net margin 10.6%) and EBITDA of ₹2.35 Cr (EBITDA margin 61.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
Court records list 106 cases involving the company, including 90 filed by the company and 16 filed against it; 20 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹15.22 Cr; the latest was in June 2015. Its 5 peer companies in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 3 smaller; the largest is Mangalam Industrial Finance Ltd with revenue of ₹3.84 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Baghmar Finance has one previous CIN (Corporate Identification Number): L65191TN1994PLC028062. The current CIN is U65191TN1994PLC028062, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65191TN1994PLC028062 | Current |
| L65191TN1994PLC028062 | Previous |
Contact details
Baghmar Finance Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.49 Erulappan Street Sowcarpet, Chennai, Tamil Nadu, India – 600079
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Baghmar 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
Business activity
The main business activity of Baghmar Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Baghmar Finance Limited, buy the company report.
Financials of Baghmar Finance Limited
FY 2025 filings availableBaghmar Finance Limited reported revenue of ₹3.83 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 11% growth in the latest year. EBITDA rose 18% 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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| EBITDA | ₹2.35 Cr | ||||
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| Net Profit (PAT) | ₹40.77 Lakh | ||||
| 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 | 61.4% | ||||
| Net Profit Margin | 10.6% | ||||
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To see the full financial statements and ratios of Baghmar Finance Limited, buy the company report.
Board of directors of Baghmar Finance Limited
Baghmar Finance has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padamchand Baghmar Also directs: Baghmar Steel Private Limited | Managing Director | 13 Jul 1994 | 32 Years 3 Months | Current |
| Mukesh Chand Baghmar Also directs: Baghmar Steel Private Limited | Whole-Time Director | 13 Jul 1994 | 32 Years 3 Months | Current |
| Prakash Chand Baghmar Also directs: Baghmar Steel Private Limited | Whole-Time Director | 13 Jul 1994 | 32 Years 3 Months | Current |
Peer comparison
Baghmar Finance Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mangalam Industrial Finance Ltd | ₹3.84 Cr (FY 2019) | -45.0% | Kolkata, West Bengal, India | |||
| Manro Finance & Traders Pvt Ltd | ₹3.83 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Baghmar Finance Limitedthis company | ₹3.83 Cr (FY 2025) | ₹40.77 Lakh | 10.6% | 11.0% | Chennai, Tamil Nadu, India | |
| Bearbull Commodities Ltd | ₹3.82 Cr (FY 2024) | 30.0% | Kolkata, West Bengal, India | |||
| Sindhwani Metal Engineering Pvt Ltd | ₹3.82 Cr (FY 2025) | -69.0% | New Delhi, Delhi, India | |||
| Lal Promoters & Fincon Pvt. Ltd. | ₹3.82 Cr (FY 2025) | 105.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Baghmar Finance Limited, buy the company report.
Auditor
Baghmar Finance Limited is audited by ABHAY U JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY U JAIN & ASSOCIATES | FY 2022 | 011045S |
Shareholding
The shareholding of Baghmar Finance Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baghmar Finance Limited, buy the company report.
Deals & funding
Baghmar Finance Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹15.22 Cr; the latest was in June 2015.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Archer Financial Services Private Limited |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Dinesh Chand Baghmar & Sons, Mukesh Chand Baghmar & Sons HUF, 2 individuals Seller: Archer Financial Services Private Limited , Green Star Financial Services Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Archer Financial Services Private Limited , Green Star Financial Services Private Limited , 2 individuals Seller: Pentagon Global Solutions Limited , Omni Axs Software Limited , B.K Plant & Mercury Private Limited |
To see the full deal history of Baghmar Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Baghmar Finance Limited has 106 court cases on record: 90 filed by Baghmar Finance, 16 filed against it. 20 cases are pending and 86 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 88 | 5 | 20 |
| High courts | 18 | 11 | 0 |
Cases on record (5 of 106)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Appeal | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Baghmar 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Baghmar Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Baghmar Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Baghmar Finance Limited, buy the company report.
Recent activity
Baghmar Finance Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Prakash Chand Baghmar ceased to be Whole-Time Director on 30 Sep 2025.
Frequently asked questions
Baghmar Finance is an active public limited company based in Chennai, Tamil Nadu, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 13 July 1994 (32+ years old) and is registered under CIN U65191TN1994PLC028062.
Baghmar Finance has 3 current directors:
- Padamchand Baghmar - Managing Director
- Mukesh Chand Baghmar - Whole-Time Director
- Prakash Chand Baghmar - Whole-Time Director
The latest financial statements of Baghmar Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Baghmar Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Baghmar Finance is U65191TN1994PLC028062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baghmar Finance has 106 court cases on record: 90 filed by the company and 16 filed against it. 20 are pending. Most are in the district courts.
Baghmar Finance was incorporated on 13 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
Baghmar Finance has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹15.22 Cr; the latest was in June 2015.
The peers of Baghmar Finance by revenue are Mangalam Industrial Finance Ltd, Manro Finance & Traders Pvt Ltd, Bearbull Commodities Ltd, Sindhwani Metal Engineering Pvt Ltd, Lal Promoters & Fincon Pvt. Ltd, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Prakash Chand Baghmar ceased to be Whole-Time Director on 30 Sep 2025. Dineshchand Baghmar was appointed as CEO on 01 Feb 2020. Dineshchand Baghmar ceased to be Whole-Time Director on 12 Apr 2019. Baghmar Finance has 9 board changes on record in total.
The registered office of Baghmar Finance is at No.49 Erulappan Street Sowcarpet, Chennai, Tamil Nadu, India – 600079.
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