BFL Asset Finvest Limited - financial services in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN L45201RJ1995PLC010646 Incorporated 31 August 1995 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Listed - BSE: 539662 Public Limited Company financial services
Market Cap
₹6.75 Cr
BFLAFL · BSE
Share Price
₹6.42
-3.02% today
Revenue
₹19.82 Cr
FY 2025-26 · -5.7% YoY
EBITDA
−₹3.75 Cr
Margin -18.9%
Net Profit
−₹5.58 Cr
FY 2025-26 · -550.0% YoY
Debt / Equity
0.65
Interest cover -17.1x
Authorised capital
₹31 Cr
Registered with MCA
Paid-up capital
₹10.2 Cr
Issued & subscribed

About BFL Asset Finvest Limited

Data last updated:

BFL Asset Finvest Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 August 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L45201RJ1995PLC010646. Its GSTIN is 08AAACB6405F1Z2 (Rajasthan). It is a listed company as per MCA records. Its shares are listed on BSE: 539662.

The company has an authorised share capital of ₹31 Cr and a paid-up capital of ₹10.2 Cr. It is led by directors including Mahendra Kumar Baid (Managing Director) and Aditya Baid.

Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹19.82 Cr, a decline of 5.7% compared to the previous year. For the same year it recorded a net loss of ₹5.58 Cr (net margin -28.2%) and EBITDA of -₹3.75 Cr (EBITDA margin -18.9%). The net worth stands at ₹10.42 Cr (down 34.9% YoY). Total assets are valued at ₹24.68 Cr (up 31% YoY).

The company is associated with 2 brands: BFL Developers and BFL Asset Finvest Limited. The company has 49 deals on record (47 market trades, 2 funding rounds), with disclosed funding of ₹6.97 Cr; the latest was in July 2025. Its 9 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 5 smaller; the largest is K D Jag Holdings Pvt Ltd with revenue of ₹8.67 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bflfin.com.

Company details

CIN L45201RJ1995PLC010646
Registration Number 010646
Incorporation Date 31 August 1995
ROC Jaipur
Listing Status Listed - Listed on BSE (539662)
Company Status Active
Compliance Status Active Compliant

CIN history

BFL Asset Finvest has one previous CIN (Corporate Identification Number): U45201RJ1995PLC010646. The current CIN is L45201RJ1995PLC010646, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45201RJ1995PLC010646Current
U45201RJ1995PLC010646Previous

Contact details

BFL Asset Finvest Limited's registered office is in Jaipur, Rajasthan. Its website is bflfin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of BFL Asset Finvest Limited, buy the company report.

Comprehensive company report
BFL Asset Finvest Limited - one report that includes everything
  • 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
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Brands

BFL Asset Finvest operates two associated brands: BFL Developers and BFL Asset Finvest Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Corporate loans are provided to businesses by BFL Asset Finvest.bflfin.com
Asset financing and investment services are provided in India.bfldevelopers.com

Business activity

The main business activity of BFL Asset Finvest is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of BFL Asset Finvest Limited, buy the company report.

Financials of BFL Asset Finvest Limited

FY 2025-26 filings available

BFL Asset Finvest Limited reported revenue of ₹19.82 Cr (down 5.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹19.82 Cr
-5.7% YoY
EBITDA
−₹3.75 Cr
-371.7% YoY
Profit After Tax
−₹5.58 Cr
-550.0% YoY
Net Worth
₹10.42 Cr
-34.9% YoY
Total Assets
₹24.68 Cr
+31.0% YoY
Total Debt
₹14.26 Cr
+402.1% 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
Revenue19.8221.0227.411.163.111.332.95
Revenue growth-5.7%-23.3%+2262.9%-62.7%+133.8%-54.9%-
EBITDA(3.75)1.383.450.211.200.690.99
EBITDA margin-18.9%+6.6%+12.6%+18.1%+38.6%+51.9%+33.6%
Profit before tax(5.60)1.663.080.150.930.020.06
Net profit(5.58)1.242.310.020.700.020.02
Net profit margin-28.2%+5.9%+8.4%+1.7%+22.5%+1.5%+0.7%
EPS (₹)(5.47)1.212.250.360.670.010.02
Balance sheet
Total assets24.6818.8418.8014.2813.9813.3519.03
Net worth10.4216.0014.5612.2611.8911.0611.95
Total debt14.262.844.242.022.092.287.08
Cash & bank0.080.060.100.050.040.040.06
Net working capital24.6818.8411.803.478.517.007.62
Cash flow
Cash from operations(10.76)1.58(1.80)0.32(0.17)5.44(2.94)
Cash from investing0.000.100.000.150.640.007.00
Cash from financing10.79(1.69)1.85(0.46)(0.47)(5.47)(4.08)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2.8613.49(0.13)7.792.539.634.230.12
Revenue growth (YoY)+13.0%+40.1%-103.1%+6391.7%-66.7%+6.3%--
Other income0.280.510.86(1.67)(0.40)(0.01)0.130.02
Total expenses7.951.128.708.463.432.996.854.75
EBITDA(5.09)12.37(8.83)(0.67)(0.90)6.64(2.62)(4.63)
EBITDA margin-178.0%+91.7%+6792.3%-8.6%-35.6%+69.0%-61.9%-3858.3%
Depreciation0.000.000.000.000.000.000.000.00
Interest0.260.380.400.150.050.040.030.03
Profit before tax(5.07)12.50(8.37)(2.49)(1.35)6.59(2.52)(4.64)
Tax0.000.000.00(0.02)0.000.000.420.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2.8613.49(0.13)7.792.539.634.230.12
Revenue growth (YoY)+13.0%+40.1%-103.1%+6391.7%-66.7%+6.3%--
Other income0.280.510.86(1.67)(0.40)(0.01)0.130.02
Total expenses7.951.128.708.463.432.996.854.75
EBITDA(5.09)12.37(8.83)(0.67)(0.90)6.64(2.62)(4.63)
EBITDA margin-178.0%+91.7%+6792.3%-8.6%-35.6%+69.0%-61.9%-3858.3%
Depreciation0.000.000.000.000.000.000.000.00
Interest0.260.380.400.150.050.040.030.03
Profit before tax(5.07)12.50(8.37)(2.49)(1.35)6.59(2.52)(4.64)
Tax0.000.000.00(0.02)0.000.000.420.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue19.8221.0227.411.163.111.332.95
Revenue growth-5.7%-23.3%+2262.9%-62.7%+133.8%-54.9%-
Other income(1.21)0.400.000.340.000.000.00
Total expenses23.5719.6423.960.951.910.641.96
Employee cost0.570.270.100.100.100.110.11
EBITDA(3.75)1.383.450.211.200.690.99
EBITDA margin-18.9%+6.6%+12.6%+18.1%+38.6%+51.9%+33.6%
Depreciation0.000.000.000.000.000.000.00
Interest0.640.120.370.400.270.670.93
Profit before tax(5.60)1.663.080.150.930.020.06
Tax(0.02)0.420.77(0.21)0.230.000.04
Net profit(5.58)1.242.310.020.700.020.02
Net profit margin-28.2%+5.9%+8.4%+1.7%+22.5%+1.5%+0.7%
EPS (₹)(5.47)1.212.250.360.670.010.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.2010.2010.2010.2010.2010.2010.20
Reserves & surplus0.225.804.362.061.690.861.75
Shareholders' funds (net worth)10.4216.0014.5612.2611.8911.0611.95
Secured loans0.000.000.000.000.000.000.00
Unsecured loans14.262.844.242.022.092.287.08
Total debt14.262.844.242.022.092.287.08
Total liabilities24.6818.8418.8014.2813.9813.3519.03
Assets
Gross block0.000.000.000.000.140.000.00
Net block0.000.000.000.000.140.000.00
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.100.100.110.741.66
Inventories17.1714.075.820.851.481.621.72
Sundry debtors7.465.052.190.000.000.000.00
Cash & bank balances0.080.060.100.050.040.040.06
Loans & advances0.060.104.532.648.076.316.16
Total current assets24.7719.2812.643.549.597.977.94
Total current liabilities0.090.440.840.071.080.970.32
Net working capital24.6818.8411.803.478.517.007.62
Total assets24.6818.8418.8014.2813.9813.3519.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.060.070.020.010.010.040.05
Net cash from operating activities(10.76)1.58(1.80)0.32(0.17)5.44(2.94)
Net cash from investing activities0.000.100.000.150.640.007.00
Net cash from financing activities10.79(1.69)1.85(0.46)(0.47)(5.47)(4.08)
Net change in cash0.02(0.01)0.050.010.00(0.02)(0.02)
Closing cash0.080.060.100.050.040.040.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-5.7%-23.3%+2262.9%-62.7%+133.8%-54.9%-
EBITDA growth-371.7%-60.0%+1542.9%-82.5%+73.9%-30.3%-
PBT growth--46.1%+1953.3%-83.9%+4550.0%-66.7%-45.5%
Net income growth-550.0%-46.3%--97.1%+3400.0%0.0%-
Revenue CAGR (3Y)+157.6%+89.1%+174.2%-26.7%-20.3%+33.4%+20.4%
EBITDA CAGR (3Y)-+4.8%+71.0%-40.4%+1.1%+79.2%-9.4%
Profitability & leverage
Net income margin-28.2%+5.9%+8.4%+31.0%+22.5%+1.5%+0.7%
Return on capital employed0.0%+9.5%+20.5%+1.5%+8.4%+4.1%+4.6%
Return on net worth0.0%+8.1%+16.8%+0.2%+5.8%+0.1%+0.2%
Debt / equity0.650.230.230.170.190.410.70
Long-term debt / equity0.650.230.230.170.190.410.70
Interest cover-17.078.7010.72190.4822.5097.1093.94
Efficiency & per share
Fixed asset turnover0.000.000.0021.4344.430.0011.80
Inventory turnover1.192.158.221.292.010.801.25
Debtors turnover2.985.9225.030.000.000.000.00
EPS (₹)(5.47)1.212.250.360.670.010.02
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)10.2215.6814.2712.0211.6610.8411.72

To see the full year-wise statements and ratios of BFL Asset Finvest Limited, buy the company report.

Board of directors of BFL Asset Finvest Limited

BFL Asset Finvest has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya BaidDirector21 Mar 20206 Years 7 MonthsCurrent
Alpana BaidDirector30 Jun 20224 Years 4 MonthsCurrent
Mahendra Kumar BaidManaging Director31 Aug 200521 Years 2 MonthsCurrent
Kuldeep JainDirector09 Aug 20188 Years 3 MonthsCurrent
Amit Kumar ParasharDirector04 Aug 20179 Years 3 MonthsCurrent
Ajay AgarwalDirector09 Aug 20242 Years 3 MonthsCurrent

Peer comparison

BFL Asset Finvest Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
BFL Asset Finvest Limitedthis company₹19.82 Cr (FY 2026)-₹5.58 Cr-28.2%-5.7%Jaipur, Rajasthan, India
K D Jag Holdings Pvt Ltd₹8.67 Cr (FY 2025)-13.0%Kolkata, West Bengal, India
Frazer Goods & Supply Pvt Ltd₹8.67 Cr (FY 2025)23.0%Kolkata, West Bengal, India
Helpage Finlease Limited₹8.65 Cr (FY 2025)90.0%Delhi, India
Real Capital Financial Services Private Limited₹8.63 Cr (FY 2025)1201.0%Raipur, Chhattisgarh, India
VSS Metals Private Limited₹8.61 Cr (FY 2025)-44.0%Kolkata, West Bengal, India
Bihariji Ispat Udyog Limited₹8.61 Cr (FY 2019)419.0%New Delhi, Delhi, India
Maryada Barter Pvt Ltd₹8.61 Cr (FY 2025)-73.0%Kolkata, West Bengal, India
Nouvelle Securities Private Limited₹8.6 Cr (FY 2025)-44.0%New Delhi, Delhi, India
Indira in Fin Lease Limited₹8.6 Cr (FY 2024)29.0%Kolkata, West Bengal, India

To see the full peer comparison of BFL Asset Finvest Limited, buy the company report.

Auditor

BFL Asset Finvest Limited is audited by Khilnani & Associates for the financial year 2019.

Auditor firmFinancial yearFirm registration number
Khilnani & AssociatesFY 2019005776C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 27.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 72.90%.

Promoters: 27.10%Retail & Others: 72.90%
Sep 2026
QUARTER
27.10% Promoters
72.90% Retail & Others
Promoter holding - history
Now 27.10% · Sep 2026High 27.10% · Dec 2025Low 27.10% · Dec 2025
26%26.8%27.5%28.3%29%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 27.10%Mar 2026: 27.10%Jun 2026: 27.10%Sep 2026: 27.10%27.10%27.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters27.10%27.10%27.10%27.10%
Public72.90%72.90%72.90%72.90%

Deals & funding

BFL Asset Finvest Limited has 49 deals on record (47 market trades, 2 funding rounds), with disclosed funding of ₹6.97 Cr; the latest was in July 2025.

Total deals
49
Market trades
47
Funding rounds
2
Disclosed funding
₹6.97 Cr

Deals on record (5 of 49)

WhenDealAmountParties
Jul 2025Market trade₹21.3 LakhBuyer: Multiplier Share and Stock Advisors Private Limited
Seller: Multiplier Share and Stock Advisors Private Limited , an individual
Aug 2024Market trade₹53.3 LakhBuyer: Quantseye AI Private Limited , Menchu's Finance Private Limited
Seller: Quantseye AI Private Limited , an individual
May 2024Market trade₹1.86 CrBuyer: Kamal Kumar Jalan Sec. Pvt. Ltd, Jai Vinayak Securities, 2 individuals
Seller: Pragati Dreamland Developers Private Limited , Nandan Kanan Barter Pvt Ltd, Niranjana Prime Developers Private Limited , an individual
Apr 2024Market trade₹32.7 LakhBuyer: Lathe Derivatives Trading Private Limited , an individual
Seller: Lathe Derivatives Trading Private Limited , Pragati Dreamland Developers Private Limited
Feb 2024Market trade₹1.77 CrBuyer: Jai Vinayak Securities
Seller: Nandan Kanan Barter Pvt Ltd, Tradeswift Developers Private Limited , Jai Vinayak Securities

To see the full deal history of BFL Asset Finvest Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for BFL Asset Finvest Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

BFL Asset Finvest has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAACB6405F1Z2RajasthanActive27 Sep 2017

To see the full GST registrations and return filing status of BFL Asset Finvest Limited, buy the company report.

Recent activity

BFL Asset Finvest Limited has 22 board changes on record since 2002: 14 appointments and 8 cessations. The latest: Ajay Agarwal was appointed as Director on 09 Aug 2024.

Filing
Bfl Asset Finvest Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
AGM
Bfl Asset Finvest Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Appointed
Ajay Agarwal was appointed as Director.
Ceased
Puneet Kumar Gupta ceased to be Director.
Appointed
Alpana Baid was appointed as Director.
Ceased
Sobhag Devi Baid ceased to be Director.
Appointed
Aditya Baid was appointed as Director.
Ceased
Surendra Mehta ceased to be Director.
Appointed
Kuldeep Jain was appointed as Director.
Ceased
Nishant Jain ceased to be CFO.
Appointed
Amit Kumar Parashar was appointed as Director.
Ceased
Mahendra Kumar Dugar ceased to be Director.

13 earlier events are in the company report.

Frequently asked questions

BFL Asset Finvest is an active public limited company based in Jaipur, Rajasthan, India. The company works in nbfc, within the financial services industry. It was incorporated on 31 August 1995 (31+ years old) and is registered under CIN L45201RJ1995PLC010646. Listed on BSE: 539662.

BFL Asset Finvest reported revenue of ₹19.82 Cr for FY 2025-26 (down 5.7% YoY) based on standalone financials.

BFL Asset Finvest has 6 current directors:

The latest financial statements of BFL Asset Finvest on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of BFL Asset Finvest is 08AAACB6405F1Z2, registered in Rajasthan.

The CIN (Corporate Identification Number) of BFL Asset Finvest is L45201RJ1995PLC010646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. BFL Asset Finvest is a listed company as per MCA records. Its shares are listed on BSE (code: 539662).

BFL Asset Finvest was incorporated on 31 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.

BFL Asset Finvest has 49 deals on record (47 market trades, 2 funding rounds), with disclosed funding of ₹6.97 Cr; the latest was in July 2025.

The peers of BFL Asset Finvest by revenue are K D Jag Holdings Pvt Ltd, Frazer Goods & Supply Pvt Ltd, Helpage Finlease Limited, Real Capital Financial Services Private Limited, VSS Metals Private Limited and 4 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).

Ajay Agarwal was appointed as Director on 09 Aug 2024. Puneet Kumar Gupta ceased to be Director on 07 Jun 2024. Alpana Baid was appointed as Director on 30 Jun 2022. BFL Asset Finvest has 22 board changes on record in total.