About Emerald Finance Limited
Data last updated:
Emerald Finance Limited is a public limited company based in Chandigarh, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 22 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L65993CH1983PLC041774. Its GSTIN is 04AAACE0646H1Z4 (Chandigarh). Its shares are listed on BSE: 538882.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹34.54 Cr. It is led by directors including Sanjay Aggarwal (Managing Director) and Anubha Aggarwal.
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 SCO 7 Indl Area Phase II, Chandigarh, India – 160062.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹31.17 Cr, a growth of 44.2% compared to the previous year. For the same year it recorded a net profit of ₹14.47 Cr (net margin 46.4%) and EBITDA of ₹23.19 Cr (EBITDA margin 74.4%). The net worth stands at ₹96.62 Cr (up 14.3% YoY). Total assets are valued at ₹115.85 Cr (up 14% YoY).
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Emerald Leasing Finance & Investment. As per MCA filings, the company has open charges of ₹47.53 Cr and satisfied charges of ₹41.46 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 13 deals on record (8 market trades, 2 funding rounds, 2 rights issues), with disclosed funding of ₹6.36 Cr; the latest was in July 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emeraldfin.com.
Company details
CIN history
Emerald Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65993CH1983PLC041774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65993CH1983PLC041774 | Current |
| U65993DL1983PLC016993 | Previous |
| L65993DL1983PLC016993 | Previous |
Contact details
Emerald Finance Limited's registered office is in Chandigarh, Chandigarh. Its website is emeraldfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 7 Indl Area Phase II, Chandigarh, India – 160062
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Emerald 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
Emerald Finance operates one associated brand: Emerald Leasing Finance & Investment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Banking products and financial services are provided to clients. | emeraldfin.com |
Business activity
Emerald Finance operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Financial and Credit leasing activities |
To see the full business activity and turnover split of Emerald Finance Limited, buy the company report.
Financials of Emerald Finance Limited
FY 2025-26 filings availableEmerald Finance Limited reported revenue of ₹31.17 Cr (up 44.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 31.17 | 21.61 | 13.34 | 11.52 | 8.47 | 5.45 | 7.83 |
| Revenue growth | +44.2% | +62.0% | +15.8% | +36.0% | +55.4% | -30.4% | - |
| EBITDA | 23.19 | 15.20 | 7.08 | 5.57 | 3.89 | 2.39 | 2.07 |
| EBITDA margin | +74.4% | +70.3% | +53.1% | +48.4% | +45.9% | +43.9% | +26.4% |
| Profit before tax | 20.37 | 12.09 | 5.57 | 4.68 | 3.33 | 1.89 | 1.63 |
| Net profit | 14.47 | 9.04 | 4.13 | 3.54 | 2.48 | 1.40 | 1.28 |
| Net profit margin | +46.4% | +41.8% | +31.0% | +30.7% | +29.3% | +25.7% | +16.4% |
| EPS (₹) | 4.39 | 2.62 | 1.37 | 1.15 | 0.85 | 1.54 | 1.43 |
| Balance sheet | |||||||
| Total assets | 116 | 102 | 62.47 | 49.63 | 43.29 | 19.26 | 17.84 |
| Net worth | 96.62 | 84.53 | 46.88 | 43.43 | 37.86 | 16.16 | 14.91 |
| Total debt | 17.05 | 15.60 | 14.54 | 5.37 | 4.85 | 2.68 | 2.59 |
| Cash & bank | 5.06 | 17.55 | 2.97 | 6.55 | 1.98 | 4.09 | 1.59 |
| Net working capital | 3.37 | 20.64 | 6.78 | 6.41 | 6.67 | 19.21 | 17.75 |
| Cash flow | |||||||
| Cash from operations | (10.10) | (12.80) | (11.29) | 1.51 | (23.08) | 2.58 | (3.71) |
| Cash from investing | (0.96) | (0.44) | (0.03) | (0.24) | (0.43) | (0.05) | (0.22) |
| Cash from financing | (1.55) | 27.64 | 7.74 | 3.30 | 21.40 | (0.04) | 1.21 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.44 | 9.75 | 7.80 | 6.90 | 6.71 | 6.45 | 5.72 | 5.00 |
| Revenue growth (YoY) | +40.7% | +51.2% | +36.4% | +38.0% | +52.9% | - | - | - |
| Other income | 0.00 | 0.01 | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 | 0.01 |
| EBITDA | 7.43 | 6.82 | 6.03 | 5.42 | 4.92 | 4.37 | 4.06 | 3.49 |
| EBITDA margin | +78.7% | +69.9% | +77.3% | +78.6% | +73.3% | +67.8% | +71.0% | +69.8% |
| Depreciation | 0.07 | 0.17 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| Interest | 0.82 | 0.71 | 0.69 | 0.61 | 0.68 | 0.72 | 0.77 | 0.76 |
| Profit before tax | 6.54 | 5.95 | 5.34 | 4.81 | 4.27 | 3.60 | 3.31 | 2.74 |
| Tax | 1.66 | 1.59 | 1.34 | 1.21 | 1.07 | 0.95 | 0.83 | 0.69 |
| Net profit | 4.88 | 4.36 | 4.00 | 3.60 | 3.20 | 2.65 | 2.48 | 2.05 |
| EPS (₹) | 1.44 | 1.27 | 0.91 | 1.04 | 0.92 | 0.76 | 0.73 | 0.63 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 20.76 | 13.46 | 7.41 | 5.38 | 4.09 | 2.62 | 1.80 |
| Revenue growth | +54.2% | +81.7% | +37.7% | +31.5% | +56.1% | +45.6% | - |
| EBITDA | 17.39 | 10.93 | 5.12 | 3.40 | 2.53 | 1.56 | 0.91 |
| EBITDA margin | +83.8% | +81.2% | +69.1% | +63.2% | +61.9% | +59.5% | +50.6% |
| Profit before tax | 15.54 | 8.83 | 4.02 | 2.79 | 2.19 | 1.32 | 0.73 |
| Net profit | 11.56 | 6.59 | 3.01 | 2.12 | 1.63 | 1.01 | 0.59 |
| Net profit margin | +55.7% | +49.0% | +40.6% | +39.4% | +39.9% | +38.6% | +32.8% |
| EPS (₹) | 3.34 | 1.91 | 1.00 | 0.69 | 0.56 | 1.11 | 0.64 |
| Balance sheet | |||||||
| Total assets | 102 | 90.11 | 52.24 | 41.05 | 36.35 | 13.06 | 11.79 |
| Net worth | 85.87 | 75.11 | 39.30 | 36.73 | 32.28 | 11.27 | 10.28 |
| Total debt | 15.70 | 15.00 | 12.93 | 4.31 | 4.07 | 1.79 | 1.51 |
| Cash & bank | 5.02 | 16.95 | 2.91 | 6.45 | 1.89 | 1.20 | 0.28 |
| Net working capital | 4.05 | 16.72 | 6.26 | 6.19 | 6.49 | 12.12 | 10.85 |
| Cash flow | |||||||
| Cash from operations | (9.95) | (15.47) | (11.47) | 2.33 | (20.64) | 1.16 | (2.82) |
| Cash from investing | (0.65) | (0.26) | 0.36 | (0.17) | (0.38) | (0.04) | (0.22) |
| Cash from financing | (1.43) | 29.57 | 7.57 | 2.41 | 21.71 | 0.31 | 0.73 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.27 | 5.85 | 5.30 | 4.89 | 4.71 | 4.57 | 3.42 | 2.94 |
| Revenue growth (YoY) | +33.1% | +28.0% | +55.0% | +66.3% | +88.4% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 | 0.01 |
| Total expenses | 1.05 | 1.46 | 0.63 | 0.53 | 0.76 | 1.00 | 0.59 | 0.50 |
| EBITDA | 5.22 | 4.39 | 4.67 | 4.36 | 3.95 | 3.57 | 2.83 | 2.44 |
| EBITDA margin | +83.3% | +75.0% | +88.1% | +89.2% | +83.9% | +78.1% | +82.7% | +83.0% |
| Depreciation | 0.02 | 0.06 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Interest | 0.57 | 0.51 | 0.47 | 0.39 | 0.46 | 0.47 | 0.52 | 0.52 |
| Profit before tax | 4.63 | 3.82 | 4.20 | 3.97 | 3.52 | 3.11 | 2.33 | 1.93 |
| Tax | 1.18 | 1.04 | 1.06 | 1.00 | 0.89 | 0.95 | 0.58 | 0.49 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.44 | 9.75 | 7.80 | 6.90 | 6.71 | 6.45 | 5.72 | 5.00 |
| Revenue growth (YoY) | +40.7% | +51.2% | +36.4% | +38.0% | +52.9% | - | - | - |
| Other income | 0.00 | 0.01 | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 | 0.01 |
| EBITDA | 7.43 | 6.82 | 6.03 | 5.42 | 4.92 | 4.37 | 4.06 | 3.49 |
| EBITDA margin | +78.7% | +69.9% | +77.3% | +78.6% | +73.3% | +67.8% | +71.0% | +69.8% |
| Depreciation | 0.07 | 0.17 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| Interest | 0.82 | 0.71 | 0.69 | 0.61 | 0.68 | 0.72 | 0.77 | 0.76 |
| Profit before tax | 6.54 | 5.95 | 5.34 | 4.81 | 4.27 | 3.60 | 3.31 | 2.74 |
| Tax | 1.66 | 1.59 | 1.34 | 1.21 | 1.07 | 0.95 | 0.83 | 0.69 |
| Net profit | 4.88 | 4.36 | 4.00 | 3.60 | 3.20 | 2.65 | 2.48 | 2.05 |
| EPS (₹) | 1.44 | 1.27 | 0.91 | 1.04 | 0.92 | 0.76 | 0.73 | 0.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 31.17 | 21.61 | 13.34 | 11.52 | 8.47 | 5.45 | 7.83 |
| Revenue growth | +44.2% | +62.0% | +15.8% | +36.0% | +55.4% | -30.4% | - |
| Other income | 0.04 | 0.02 | 0.02 | 0.04 | 0.03 | 0.00 | 0.04 |
| Total expenses | 7.98 | 6.41 | 6.26 | 5.95 | 4.58 | 3.06 | 5.76 |
| Employee cost | 0.00 | 3.75 | 2.01 | 1.00 | 1.05 | 0.93 | 1.04 |
| EBITDA | 23.19 | 15.20 | 7.08 | 5.57 | 3.89 | 2.39 | 2.07 |
| EBITDA margin | +74.4% | +70.3% | +53.1% | +48.4% | +45.9% | +43.9% | +26.4% |
| Depreciation | 0.17 | 0.08 | 0.06 | 0.03 | 0.04 | 0.03 | 0.03 |
| Interest | 2.69 | 3.05 | 1.47 | 0.90 | 0.55 | 0.47 | 0.45 |
| Profit before tax | 20.37 | 12.09 | 5.57 | 4.68 | 3.33 | 1.89 | 1.63 |
| Tax | 5.22 | 3.05 | 1.44 | 1.19 | 0.87 | 0.50 | 0.35 |
| Net profit | 14.47 | 9.04 | 4.13 | 3.54 | 2.48 | 1.40 | 1.28 |
| Net profit margin | +46.4% | +41.8% | +31.0% | +30.7% | +29.3% | +25.7% | +16.4% |
| EPS (₹) | 4.39 | 2.62 | 1.37 | 1.15 | 0.85 | 1.54 | 1.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 34.54 | 34.54 | 30.14 | 30.14 | 29.04 | 9.04 | 9.04 |
| Reserves & surplus | 62.08 | 49.99 | 16.74 | 13.29 | 8.82 | 6.87 | 5.87 |
| Shareholders' funds (net worth) | 96.62 | 84.53 | 46.88 | 43.43 | 37.86 | 16.16 | 14.91 |
| Minority interest | 2.18 | 1.50 | 1.04 | 0.83 | 0.57 | 0.41 | 0.34 |
| Secured loans | 17.05 | 15.60 | 13.34 | 4.34 | 3.99 | 2.02 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 1.20 | 1.03 | 0.86 | 0.66 | 2.59 |
| Total debt | 17.05 | 15.60 | 14.54 | 5.37 | 4.85 | 2.68 | 2.59 |
| Total liabilities | 116 | 102 | 62.47 | 49.63 | 43.29 | 19.26 | 17.84 |
| Assets | |||||||
| Gross block | 1.87 | 0.98 | 0.86 | 0.46 | 0.45 | 0.18 | 0.18 |
| Net block | 1.36 | 0.64 | 0.60 | 0.26 | 0.28 | 0.05 | 0.08 |
| Capital work in progress | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.05 | 0.05 | 0.05 | 0.47 | 0.30 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2.95 | 2.11 | 1.66 | 0.68 | 0.70 | 0.43 | 0.93 |
| Cash & bank balances | 5.06 | 17.55 | 2.97 | 6.55 | 1.98 | 4.09 | 1.59 |
| Loans & advances | 0.24 | 3.45 | 4.55 | 1.53 | 6.55 | 18.08 | 16.99 |
| Total current assets | 8.25 | 23.11 | 9.18 | 8.76 | 9.23 | 22.60 | 19.51 |
| Total current liabilities | 4.88 | 2.47 | 2.40 | 2.35 | 2.56 | 3.39 | 1.76 |
| Net working capital | 3.37 | 20.64 | 6.78 | 6.41 | 6.67 | 19.21 | 17.75 |
| Total assets | 116 | 102 | 62.47 | 49.63 | 43.29 | 19.26 | 17.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.26 | 0.87 | 6.55 | 1.98 | 4.09 | 1.59 | 4.31 |
| Net cash from operating activities | (10.10) | (12.80) | (11.29) | 1.51 | (23.08) | 2.58 | (3.71) |
| Net cash from investing activities | (0.96) | (0.44) | (0.03) | (0.24) | (0.43) | (0.05) | (0.22) |
| Net cash from financing activities | (1.55) | 27.64 | 7.74 | 3.30 | 21.40 | (0.04) | 1.21 |
| Net change in cash | (12.60) | 14.39 | (3.58) | 4.57 | (2.11) | 2.49 | (2.72) |
| Closing cash | 5.06 | 17.55 | 2.97 | 6.55 | 1.98 | 4.09 | 1.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +44.2% | +62.0% | +15.8% | +36.0% | +55.4% | -30.4% | - |
| EBITDA growth | +52.6% | +114.7% | +27.1% | +43.2% | +62.8% | +15.5% | - |
| PBT growth | +68.5% | +117.1% | +19.0% | +40.5% | +76.2% | +16.0% | +0.6% |
| Net income growth | +60.1% | +118.9% | +16.7% | +42.7% | +77.1% | +9.4% | - |
| Revenue CAGR (3Y) | +39.4% | +36.6% | +34.8% | +13.7% | +8.1% | +7.6% | +65.4% |
| EBITDA CAGR (3Y) | +60.9% | +57.5% | +43.6% | +39.1% | +29.5% | +39.5% | +92.5% |
| Profitability & leverage | |||||||
| Net income margin | +48.6% | +41.8% | +31.0% | +30.3% | +29.0% | +25.5% | +16.4% |
| Return on capital employed | - | +18.7% | +12.8% | +12.2% | +12.7% | +13.0% | +12.9% |
| Return on net worth | - | +13.8% | +9.2% | +8.6% | +9.2% | +9.0% | +9.0% |
| Debt / equity | - | 0.23 | 0.22 | 0.13 | 0.14 | 0.17 | 0.12 |
| Long-term debt / equity | - | 0.23 | 0.22 | 0.13 | 0.14 | 0.17 | 0.12 |
| Interest cover | 11.69 | 20.17 | 20.94 | 16.25 | 14.29 | 19.92 | 22.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 23.01 | 20.24 | 25.41 | 26.98 | 30.28 | 60.54 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 11.47 | 11.42 | 16.75 | 15.04 | 8.01 | 7.22 |
| EPS (₹) | 4.39 | 2.62 | 1.37 | 1.15 | 0.85 | 1.54 | 1.43 |
| Dividend per share (₹) | 0.10 | 0.15 | 0.10 | 0.10 | 0.10 | 0.10 | 0.25 |
| Book value per share (₹) | 0.00 | 24.47 | 15.55 | 14.41 | 13.04 | 17.60 | 16.49 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.27 | 5.85 | 5.30 | 4.89 | 4.71 | 4.57 | 3.42 | 2.94 |
| Revenue growth (YoY) | +33.1% | +28.0% | +55.0% | +66.3% | +88.4% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 | 0.01 |
| Total expenses | 1.05 | 1.46 | 0.63 | 0.53 | 0.76 | 1.00 | 0.59 | 0.50 |
| EBITDA | 5.22 | 4.39 | 4.67 | 4.36 | 3.95 | 3.57 | 2.83 | 2.44 |
| EBITDA margin | +83.3% | +75.0% | +88.1% | +89.2% | +83.9% | +78.1% | +82.7% | +83.0% |
| Depreciation | 0.02 | 0.06 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Interest | 0.57 | 0.51 | 0.47 | 0.39 | 0.46 | 0.47 | 0.52 | 0.52 |
| Profit before tax | 4.63 | 3.82 | 4.20 | 3.97 | 3.52 | 3.11 | 2.33 | 1.93 |
| Tax | 1.18 | 1.04 | 1.06 | 1.00 | 0.89 | 0.95 | 0.58 | 0.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 20.76 | 13.46 | 7.41 | 5.38 | 4.09 | 2.62 | 1.80 |
| Revenue growth | +54.2% | +81.7% | +37.7% | +31.5% | +56.1% | +45.6% | - |
| Other income | 0.03 | 0.01 | 0.02 | 0.02 | 0.04 | 0.00 | 0.01 |
| Total expenses | 3.37 | 2.53 | 2.29 | 1.98 | 1.56 | 1.06 | 0.89 |
| Employee cost | 0.00 | 1.34 | 0.94 | 0.50 | 0.49 | 0.33 | 0.34 |
| EBITDA | 17.39 | 10.93 | 5.12 | 3.40 | 2.53 | 1.56 | 0.91 |
| EBITDA margin | +83.8% | +81.2% | +69.1% | +63.2% | +61.9% | +59.5% | +50.6% |
| Depreciation | 0.06 | 0.02 | 0.01 | 0.00 | 0.02 | 0.02 | 0.01 |
| Interest | 1.82 | 2.09 | 1.11 | 0.63 | 0.36 | 0.22 | 0.18 |
| Profit before tax | 15.54 | 8.83 | 4.02 | 2.79 | 2.19 | 1.32 | 0.73 |
| Tax | 3.98 | 2.24 | 1.01 | 0.72 | 0.56 | 0.32 | 0.14 |
| Net profit | 11.56 | 6.59 | 3.01 | 2.12 | 1.63 | 1.01 | 0.59 |
| Net profit margin | +55.7% | +49.0% | +40.6% | +39.4% | +39.9% | +38.6% | +32.8% |
| EPS (₹) | 3.34 | 1.91 | 1.00 | 0.69 | 0.56 | 1.11 | 0.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 34.54 | 34.54 | 30.14 | 30.14 | 29.04 | 9.04 | 9.04 |
| Reserves & surplus | 51.33 | 40.57 | 9.16 | 6.59 | 3.24 | 1.98 | 1.24 |
| Shareholders' funds (net worth) | 85.87 | 75.11 | 39.30 | 36.73 | 32.28 | 11.27 | 10.28 |
| Secured loans | 0.09 | 1.43 | 12.89 | 4.01 | 3.71 | 1.62 | 0.00 |
| Unsecured loans | 15.61 | 13.57 | 0.04 | 0.30 | 0.36 | 0.17 | 1.51 |
| Total debt | 15.70 | 15.00 | 12.93 | 4.31 | 4.07 | 1.79 | 1.51 |
| Total liabilities | 102 | 90.11 | 52.24 | 41.05 | 36.35 | 13.06 | 11.79 |
| Assets | |||||||
| Gross block | 0.75 | 0.16 | 0.23 | 0.22 | 0.28 | 0.07 | 0.07 |
| Net block | 0.59 | 0.06 | 0.15 | 0.16 | 0.22 | 0.03 | 0.05 |
| Capital work in progress | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.95 | 0.95 | 0.95 | 1.37 | 1.20 | 0.90 | 0.90 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2.11 | 1.24 | 1.00 | 0.27 | 0.25 | 0.13 | 0.48 |
| Cash & bank balances | 5.02 | 16.95 | 2.91 | 6.45 | 1.89 | 1.20 | 0.28 |
| Loans & advances | 0.24 | 0.22 | 3.94 | 0.75 | 5.90 | 13.74 | 10.65 |
| Total current assets | 7.37 | 18.41 | 7.85 | 7.47 | 8.04 | 15.07 | 11.41 |
| Total current liabilities | 3.32 | 1.69 | 1.59 | 1.28 | 1.55 | 2.95 | 0.56 |
| Net working capital | 4.05 | 16.72 | 6.26 | 6.19 | 6.49 | 12.12 | 10.85 |
| Total assets | 102 | 90.11 | 52.24 | 41.05 | 36.35 | 13.06 | 11.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.66 | 0.81 | 6.45 | 1.89 | 1.20 | 0.28 | 2.58 |
| Net cash from operating activities | (9.95) | (15.47) | (11.47) | 2.33 | (20.64) | 1.16 | (2.82) |
| Net cash from investing activities | (0.65) | (0.26) | 0.36 | (0.17) | (0.38) | (0.04) | (0.22) |
| Net cash from financing activities | (1.43) | 29.57 | 7.57 | 2.41 | 21.71 | 0.31 | 0.73 |
| Net change in cash | (12.03) | 13.85 | (3.54) | 4.56 | 0.69 | 1.44 | (2.31) |
| Closing cash | 5.02 | 16.95 | 2.91 | 6.45 | 1.89 | 1.20 | 0.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +54.2% | +81.7% | +37.7% | +31.5% | +56.1% | +45.6% | - |
| EBITDA growth | +59.1% | +113.5% | +50.6% | +34.4% | +62.2% | +71.4% | - |
| PBT growth | +76.0% | +119.7% | +44.1% | +27.4% | +65.9% | +80.8% | +55.3% |
| Net income growth | +75.4% | +118.9% | +42.0% | +30.1% | +61.4% | +71.2% | - |
| Revenue CAGR (3Y) | +56.9% | +48.7% | +41.4% | +44.1% | +54.5% | +64.4% | +52.3% |
| EBITDA CAGR (3Y) | +72.3% | +62.9% | +48.6% | +55.2% | +65.3% | +123.4% | +108.8% |
| Profitability & leverage | |||||||
| Net income margin | +55.7% | +49.0% | +40.6% | +38.5% | +39.9% | +38.2% | +32.8% |
| Return on capital employed | - | +15.3% | +11.0% | +8.9% | +10.3% | +12.5% | +8.2% |
| Return on net worth | - | +11.5% | +7.9% | +6.0% | +7.4% | +9.4% | +5.8% |
| Debt / equity | - | 0.24 | 0.23 | 0.12 | 0.13 | 0.15 | 0.11 |
| Long-term debt / equity | - | 0.11 | 0.15 | 0.12 | 0.13 | 0.15 | 0.11 |
| Interest cover | 10.50 | 19.16 | 21.72 | 18.53 | 14.34 | 14.29 | 20.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 61.23 | 33.02 | 21.60 | 23.60 | 37.43 | 36.20 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 12.03 | 11.70 | 20.77 | 21.74 | 8.59 | 4.31 |
| EPS (₹) | 3.34 | 1.91 | 1.00 | 0.69 | 0.56 | 1.11 | 0.64 |
| Dividend per share (₹) | 0.10 | 0.15 | 0.10 | 0.10 | 0.10 | 0.10 | 0.25 |
| Book value per share (₹) | 0.00 | 21.74 | 13.04 | 12.19 | 11.11 | 12.18 | 11.37 |
To see the full year-wise statements and ratios of Emerald Finance Limited, buy the company report.
Board of directors of Emerald Finance Limited
Emerald Finance has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Aggarwal Also directs: Eclat Capital and Finance Ltd., Eclat Net Advisors Private Limited | Managing Director | 01 Sep 2009 | 17 Years 1 Months | Current |
| Anubha Aggarwal Also directs: Eclat Capital and Finance Ltd., Eclat Net Advisors Private Limited | Director | 26 Oct 2017 | 8 Years 11 Months | Current |
| Akshay Kumar Also directs: Satyam Plastic Granules Private Limited | Director | 17 Aug 2024 | 2 Years 2 Months | Current |
| Manjeet Kaushik Also directs: Eclat Net Advisors Private Limited | Director | 17 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Emerald Finance Limited is audited by K SINGH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SINGH & ASSOCIATES | FY 2020 | 012458N |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 59.70%, foreign institutional investors hold 1.80%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 38.50%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 59.70% | 59.50% | 59.50% | 59.50% |
| Public | 40.30% | 40.50% | 40.50% | 40.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2026 | 101322189 | Others | ₹10 Cr | Open | |
| 09 Jun 2026 | 101313618 | Others | ₹1 Cr | Open | |
| 29 May 2026 | 101308254 | Others | ₹1 Cr | Open | |
| 27 May 2026 | 101313570 | Others | ₹5 Cr | Open | |
| 16 May 2026 | 101302262 | Others | ₹1 Cr | Open |
To see the full charge records of Emerald Finance Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
Emerald Finance Limited has 13 deals on record (8 market trades, 2 funding rounds, 2 rights issues), with disclosed funding of ₹6.36 Cr; the latest was in July 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Market trade | ₹1.07 Cr | Seller: an individual |
| Mar 2024 | Market trade | ₹43.5 Lakh | Buyer: an individual Seller: an individual |
| Oct 2023 | Market trade | ₹1.48 Cr | Buyer: BP Equities Private Limited Seller: Rainpay India Private Limited , BP Equities Private Limited |
| Nov 2022 | Funding round | ₹2.75 Cr | Investors: Rainpay India Private Limited , Nav Capital Emergin Star Fund, an individual |
| Jul 2013 | Funding round | ₹2.85 Cr | Investors: Agr Investment Limited, 3 individuals |
To see the full deal history of Emerald 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
Emerald Finance Limited has 2 court cases on record: 2 filed by Emerald Finance. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Medulance Healthcare Private Limited | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Emerald 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 Emerald Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Emerald Finance has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Eclat Net Advisors Private Limited | U74140CH2015PTC035473 |
To see the full group structure of Emerald Finance Limited, buy the company report.
GST
Emerald Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACE0646H1Z4 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Emerald Finance Limited, buy the company report.
Recent activity
Emerald Finance Limited has 23 board changes on record since 2002: 14 appointments and 9 cessations. The latest: Raman Aggarwal ceased to be Director on 30 Sep 2024.
104 earlier events are in the company report.
News
Frequently asked questions
Emerald Finance is an active public limited company based in Chandigarh, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 22 November 1983 (43+ years old) and is registered under CIN L65993CH1983PLC041774. Listed on BSE: 538882.
Emerald Finance reported revenue of ₹31.17 Cr for FY 2025-26 (up 44.2% YoY) based on consolidated financials.
Emerald Finance has 4 current directors:
- Sanjay Aggarwal - Managing Director
- Anubha Aggarwal - Director
- Akshay Kumar - Director
- Manjeet Kaushik - Director
The latest financial statements of Emerald 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.
The GSTIN of Emerald Finance is 04AAACE0646H1Z4, registered in Chandigarh.
The CIN (Corporate Identification Number) of Emerald Finance is L65993CH1983PLC041774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Emerald Finance is listed on BSE with code 538882.
Emerald Finance has 2 court cases on record: 2 filed by the company. 2 are pending.
Emerald Finance was incorporated on 22 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chandigarh.
Emerald Finance has 13 deals on record (8 market trades, 2 funding rounds, 2 rights issues), with disclosed funding of ₹6.36 Cr; the latest was in July 2024.