Idf Financial Services Private Limited

Idf Financial Services Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U67910KA1994PTC016476 Incorporated 27 October 1994 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹54.62 Cr
▲ 11% YoY
Net profit · FY 2025
₹2.96 Cr
Net margin 5.4%
EBITDA · FY 2025
₹34.73 Cr
EBITDA margin 63.6%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹32.8 Cr
Issued & subscribed
Open charges
₹322.69 Cr
Satisfied ₹745.15 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
193
Provident fund records

About Idf Financial Services Private Limited

Data last updated:

Idf Financial Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 27 October 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67910KA1994PTC016476. Its GSTIN is 29AAACD5827H1ZK (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹32.8 Cr. It was formerly known as Dhavalagiri Arthik Services Private Limited. It is led by directors including Naganagouda Marigouda Patil (Managing Director) and Kasturi Dharmanna Dambal.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No 5 Anugraha Second Floor(Unit – 1) National High School Road V Puram, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2025, the company reported a revenue of ₹54.62 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Cr (net margin 5.4%) and EBITDA of ₹34.73 Cr (EBITDA margin 63.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.

The company has about 193 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: IDF Financial Services. As per MCA filings, the company has open charges of ₹322.69 Cr and satisfied charges of ₹745.15 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 17 deals on record (10 secondary share transfers, 7 funding rounds), with disclosed funding of ₹39.47 Cr; the latest was in August 2022. Its 7 peer companies in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Abs Portfolio Pvt Ltd with revenue of ₹55.57 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 idf-finance.in.

Company details

CIN U67910KA1994PTC016476
Registration Number 016476
Incorporation Date 27 October 1994
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Idf Financial Services Private Limited's registered office is in Bangalore, Karnataka. Its website is idf-finance.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    House No 5 Anugraha Second Floor(Unit – 1) National High School Road V Puram, Bangalore, Karnataka, India – 560004
  • Industry
    Financial Services, Microfinance Institutions, NBFC

To see the full contact details of Idf Financial Services Private Limited, buy the company report.

Comprehensive company report
Idf Financial Services Private 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

Idf Financial Services operates one associated brand: IDF Financial Services. Each brand links to its own profile.

BrandDescriptionWebsite
Offers micro loans in Karnataka through the SHG model to support individual borrowers.idf-finance.in

Business activity

The main business activity of Idf Financial Services 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 Idf Financial Services Private Limited, buy the company report.

Financials of Idf Financial Services Private Limited

FY 2025 filings available

Idf Financial Services Private Limited reported revenue of ₹54.62 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹54.62 Cr ▲ 11%
Net profit · FY 2025
₹2.96 Cr margin 5.4%
EBITDA · FY 2025
₹34.73 Cr margin 63.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 23%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 11% growth in the latest year. EBITDA rose 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹34.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.96 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin63.6%
Net Profit Margin5.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Idf Financial Services Private Limited, buy the company report.

Board of directors of Idf Financial Services Private Limited

Idf Financial Services has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kasturi Dharmanna DambalDirector24 Feb 201610 Years 8 MonthsCurrent
Naganagouda Marigouda PatilManaging Director30 Oct 200817 Years 11 MonthsCurrent
Vivekanand Nagayya SalimathDirector30 Oct 200817 Years 11 MonthsCurrent
Gururaj Madhav DeshpandeDirector07 Sep 201511 Years 1 MonthsCurrent
Srikantha Thirthahalli Venkatesh ShenoyDirector30 Oct 200817 Years 11 MonthsCurrent
Ballal Chitpady SatishDirector21 Feb 20251 Years 8 MonthsCurrent

Peer comparison

Idf Financial Services Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized 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
Abs Portfolio Pvt Ltd₹55.57 Cr (FY 2025)1646.0%Kolkata, West Bengal, India
Sicom Limited₹55.2 Cr (FY 2025)-43.0%Mumbai, Maharashtra, India
Iti Credit Limited₹55.1 Cr (FY 2025)110.0%Mumbai, Maharashtra, India
Valuvanadu Capital Limited₹54.63 Cr (FY 2025)85.0%New Delhi, Delhi, India
Idf Financial Services Private Limitedthis company₹54.62 Cr (FY 2025)₹2.96 Cr5.4%11.0%193Bangalore, Karnataka, India
Amritkunj Capital Markets Ltd₹54.17 Cr (FY 2025)-35.0%Kolkata, West Bengal, India
Hindusthan Microfinance Private Limited₹54.1 Cr (FY 2025)19.0%Mumbai, Maharashtra, India
Krone Finstock Private Limited₹53.84 Cr (FY 2025)-51.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Idf Financial Services Private Limited, buy the company report.

Auditor

Idf Financial Services Private Limited is audited by Chetan Padaki & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chetan Padaki & AssociatesFY 2023011274S

Shareholding

The shareholding of Idf Financial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Idf Financial Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹322.69 Cr
Satisfied charges
₹745.15 Cr
Breakdown by lending institutions
Others₹214.62 Cr
Indian Overseas Bank₹30.00 Cr
Uco Bank₹25.00 Cr
Sidbi₹25.00 Cr
The South Indian Bank Limited₹14.00 Cr
Others₹14.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Nov 2025101184227Others₹5 CrOpen
31 Aug 2025101146810Others₹5 CrOpen
04 Mar 2025101054423Others₹5 CrOpen
28 Nov 2024101019719Uco Bank₹15 CrOpen
16 Oct 2024100989046Others₹5 CrOpen

To see the full charge records of Idf Financial Services Private Limited, buy the company report.

Total charge records: 143 View all charges

Deals & funding

Idf Financial Services Private Limited has 17 deals on record (10 secondary share transfers, 7 funding rounds), with disclosed funding of ₹39.47 Cr; the latest was in August 2022.

Total deals
17
Secondary share transfers
10
Funding rounds
7
Disclosed funding
₹39.47 Cr

Deals on record (5 of 17)

WhenDealAmountParties
Aug 2022Funding round₹4.2 CrInvestors: JRB Farmers Producer Company Limited , Gramserv Private Limited , 2 individuals
Nov 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2021Secondary share transferUndisclosedBuyer: Swavalambana Trust
Seller: an individual
Oct 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2020Funding round₹1.25 CrInvestors: an individual

To see the full deal history of Idf Financial Services Private Limited, buy the company report.

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

Credit ratings & regulatory alerts

Idf Financial Services Private Limited was last rated by Brickwork on 28 Dec 2021.

Rating agencyRated onRating
Brickwork28 Dec 2021

To see the full credit ratings and regulatory alerts of Idf Financial Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Idf Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Idf Financial Services Private Limited has a workforce of 193 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
193
Active EPFO establishments
1
Employee growth
13.53%

GST

Idf Financial Services has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AAACD5827H1ZKKarnatakaActive01 Jul 2017
27AAACD5827H1ZOMaharashtraActive26 Jul 2017
30AAACD5827H1Z1GoaActive27 Dec 2018

To see the full GST registrations and return filing status of Idf Financial Services Private Limited, buy the company report.

Recent activity

Idf Financial Services Private Limited has 26 board changes on record since 2003: 16 appointments and 10 cessations. The latest: Ballal Chitpady Satish was appointed as Director on 21 Feb 2025.

Charges
A charge registered on 27 Feb 2023 via Charge ID 100688305 with Others was fully satisfied on 05 Dec 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101184227 was registered on 03 Nov 2025.
Charges
A charge registered on 29 Sep 2023 via Charge ID 100788044 with Others was fully satisfied on 29 Oct 2025.
Charges
A charge registered on 15 Mar 2023 via Charge ID 100693823 with Others was fully satisfied on 03 Oct 2025.
AGM
Idf Financial Services Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge registered on 31 Oct 2022 via Charge ID 100640239 with Indian Overseas Bank was fully satisfied on 17 Sep 2025.
Charges
A charge registered on 29 Aug 2023 via Charge ID 100774245 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101146810 was registered on 31 Aug 2025.
Charges
A charge with Others of Rs. 1.62 Cr registered on 19 Jan 2024 with Charge ID 100849297 was modified on 22 Aug 2025.
Charges
A charge registered on 16 May 2023 via Charge ID 100735418 with Others was fully satisfied on 21 Aug 2025.
Charges
A charge registered on 06 Jul 2022 via Charge ID 100587815 with Others was fully satisfied on 17 Jul 2025.
Charges
A charge registered on 17 Nov 2023 via Charge ID 100819101 with Others was fully satisfied on 28 May 2025.

270 earlier events are in the company report.

Frequently asked questions

Idf Financial Services is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 27 October 1994 (32+ years old) and is registered under CIN U67910KA1994PTC016476.

Idf Financial Services has 6 current directors:

The latest financial statements of Idf Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Idf Financial Services is 29AAACD5827H1ZK, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACD5827H1ZO (Maharashtra), 30AAACD5827H1Z1 (Goa).

The CIN (Corporate Identification Number) of Idf Financial Services is U67910KA1994PTC016476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Idf Financial Services has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.

Idf Financial Services was incorporated on 27 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.

Idf Financial Services has 17 deals on record (10 secondary share transfers, 7 funding rounds), with disclosed funding of ₹39.47 Cr; the latest was in August 2022.

The peers of Idf Financial Services by revenue are Abs Portfolio Pvt Ltd, Sicom Limited, Iti Credit Limited, Valuvanadu Capital Limited, Amritkunj Capital Markets Ltd and 2 more, all in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities).

Ballal Chitpady Satish was appointed as Director on 21 Feb 2025. Gangappa Sahadev ceased to be Director on 30 Aug 2024. Rudrayya Mallayya Kummur ceased to be Director on 30 Aug 2024. Idf Financial Services has 26 board changes on record in total.

Idf Financial Services can be reached through the website idf-finance.in. Its registered office is in Bangalore, Karnataka, India.