About J.A. Finance Ltd.
Data last updated:
J.A. Finance Ltd. is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 30 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65999WB1993PLC058703. Its GSTIN is 19AAACJ7671B1ZL (West Bengal). It is a listed company as per MCA records. Its shares are listed on BSE: 543860.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.65 Cr. It was formerly known as J.A. Finance Private Limited. It is led by directors including Akshay Goyal (Managing Director) and Dilip Kumar Goyal.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1st Floor 7B Punwani Chambers Kiran Shankar Roy Road, Kolkata, West Bengal, India – 700001.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2.79 Cr, a growth of 22.4% compared to the previous year. For the same year it recorded a net profit of ₹54 Lakh (net margin 19.4%) and EBITDA of ₹1.84 Cr (EBITDA margin 65.9%). The net worth stands at ₹20.64 Cr (up 2.9% YoY). Total assets are valued at ₹23.19 Cr (down 3.4% YoY).
The company is associated with 1 brand: J A Finance. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jafinance.co.in.
Company details
CIN history
J.A. Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65999WB1993PLC058703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65999WB1993PLC058703 | Current |
| L99999WB1993PLC058703 | Previous |
| U65999WB1993PLC058703 | Previous |
Contact details
J.A. Finance Ltd.'s registered office is in Kolkata, West Bengal. Its website is jafinance.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor 7B Punwani Chambers Kiran Shankar Roy Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of J.A. Finance Ltd., 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
J.A. Finance operates one associated brand: J A Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer loans are provided to individuals by J A Finance. | jafinance.co.in |
Business activity
The main business activity of J.A. 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 J.A. Finance Ltd., buy the company report.
Financials of J.A. Finance Ltd.
FY 2025-26 filings availableJ.A. Finance Ltd. reported revenue of ₹2.79 Cr (up 22.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 2.79 | 2.28 | 3.06 | 2.18 | 3.17 | 1.79 |
| Revenue growth | +22.4% | -25.5% | +40.4% | -31.2% | +77.1% | - |
| EBITDA | 1.84 | 1.43 | 2.20 | 1.26 | 2.36 | 1.10 |
| EBITDA margin | +66.0% | +62.7% | +71.9% | +57.8% | +74.5% | +61.5% |
| Profit before tax | 0.79 | 1.10 | 1.28 | 0.62 | 1.92 | 0.80 |
| Net profit | 0.54 | (0.06) | 1.01 | 0.40 | 0.78 | 0.00 |
| Net profit margin | +19.4% | -2.6% | +33.0% | +18.4% | +24.6% | 0.0% |
| EPS (₹) | 0.51 | (0.04) | 0.95 | 0.38 | 1.59 | (0.01) |
| Balance sheet | ||||||
| Total assets | 23.19 | 24.01 | 26.99 | 27.02 | 23.28 | 21.83 |
| Net worth | 20.64 | 20.05 | 19.90 | 18.90 | 18.57 | 17.66 |
| Total debt | 2.56 | 3.96 | 7.09 | 8.13 | 4.71 | 4.17 |
| Cash & bank | 0.17 | 0.02 | 2.05 | 0.62 | 0.02 | 0.00 |
| Net working capital | 0.54 | 0.38 | 2.57 | 1.16 | 0.20 | 0.66 |
| Cash flow | ||||||
| Cash from operations | 2.60 | (1.11) | 3.77 | (1.61) | 0.15 | - |
| Cash from investing | 0.00 | 2.53 | (0.40) | (0.55) | (0.13) | - |
| Cash from financing | (2.45) | (3.45) | (1.95) | 2.77 | (0.01) | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.52 | 0.69 | 0.55 | 0.81 | 0.73 | 0.42 | 0.59 | 0.58 |
| Revenue growth (YoY) | -28.8% | +64.3% | -6.8% | +39.7% | +7.4% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.16 | 0.17 | 0.36 | 0.18 | 0.24 | 0.23 | 0.20 | 0.20 |
| EBITDA | 0.36 | 0.52 | 0.19 | 0.63 | 0.49 | 0.19 | 0.39 | 0.38 |
| EBITDA margin | +69.2% | +75.4% | +34.5% | +77.8% | +67.1% | +45.2% | +66.1% | +65.5% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.05 | 0.23 | 0.27 | 0.30 | 0.24 | 0.06 | 0.07 | 0.08 |
| Profit before tax | 0.31 | 0.29 | (0.08) | 0.33 | 0.25 | 0.13 | 0.32 | 0.30 |
| Tax | 0.08 | 0.12 | (0.02) | 0.08 | 0.07 | 0.93 | 0.08 | 0.07 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.52 | 0.69 | 0.55 | 0.81 | 0.73 | 0.42 | 0.59 | 0.58 |
| Revenue growth (YoY) | -28.8% | +64.3% | -6.8% | +39.7% | +7.4% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.16 | 0.17 | 0.36 | 0.18 | 0.24 | 0.23 | 0.20 | 0.20 |
| EBITDA | 0.36 | 0.52 | 0.19 | 0.63 | 0.49 | 0.19 | 0.39 | 0.38 |
| EBITDA margin | +69.2% | +75.4% | +34.5% | +77.8% | +67.1% | +45.2% | +66.1% | +65.5% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.05 | 0.23 | 0.27 | 0.30 | 0.24 | 0.06 | 0.07 | 0.08 |
| Profit before tax | 0.31 | 0.29 | (0.08) | 0.33 | 0.25 | 0.13 | 0.32 | 0.30 |
| Tax | 0.08 | 0.12 | (0.02) | 0.08 | 0.07 | 0.93 | 0.08 | 0.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 2.79 | 2.28 | 3.06 | 2.18 | 3.17 | 1.79 |
| Revenue growth | +22.4% | -25.5% | +40.4% | -31.2% | +77.1% | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.95 | 0.85 | 0.86 | 0.92 | 0.81 | 0.69 |
| Employee cost | 0.55 | 0.65 | 0.60 | 0.61 | 0.61 | 0.47 |
| EBITDA | 1.84 | 1.43 | 2.20 | 1.26 | 2.36 | 1.10 |
| EBITDA margin | +66.0% | +62.7% | +71.9% | +57.8% | +74.5% | +61.5% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.05 | 0.33 | 0.92 | 0.64 | 0.44 | 0.30 |
| Profit before tax | 0.79 | 1.10 | 1.28 | 0.62 | 1.92 | 0.80 |
| Tax | 0.25 | 1.15 | 0.27 | 0.22 | 0.23 | 0.80 |
| Net profit | 0.54 | (0.06) | 1.01 | 0.40 | 0.78 | 0.00 |
| Net profit margin | +19.4% | -2.6% | +33.0% | +18.4% | +24.6% | 0.0% |
| EPS (₹) | 0.51 | (0.04) | 0.95 | 0.38 | 1.59 | (0.01) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 10.65 | 10.65 | 10.65 | 10.65 | 10.65 | 3.99 |
| Reserves & surplus | 9.99 | 9.40 | 9.25 | 8.25 | 7.92 | 13.67 |
| Shareholders' funds (net worth) | 20.64 | 20.05 | 19.90 | 18.90 | 18.57 | 17.66 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 2.56 | 3.96 | 7.09 | 8.13 | 4.71 | 4.17 |
| Total debt | 2.56 | 3.96 | 7.09 | 8.13 | 4.71 | 4.17 |
| Total liabilities | 23.19 | 24.01 | 26.99 | 27.02 | 23.28 | 21.83 |
| Assets | ||||||
| Gross block | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Net block | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.94 | 0.90 | 3.17 | 2.60 | 2.37 | 2.08 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.17 | 0.02 | 2.05 | 0.62 | 0.02 | 0.00 |
| Loans & advances | 0.45 | 0.43 | 0.58 | 0.61 | 0.27 | 0.74 |
| Total current assets | 0.62 | 0.46 | 2.64 | 1.23 | 0.29 | 0.74 |
| Total current liabilities | 0.08 | 0.08 | 0.07 | 0.07 | 0.09 | 0.08 |
| Net working capital | 0.54 | 0.38 | 2.57 | 1.16 | 0.20 | 0.66 |
| Total assets | 23.19 | 24.01 | 26.99 | 27.02 | 23.28 | 21.83 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 2.05 | 0.62 | 0.02 | 0.00 | - |
| Net cash from operating activities | 2.60 | (1.11) | 3.77 | (1.61) | 0.15 | - |
| Net cash from investing activities | 0.00 | 2.53 | (0.40) | (0.55) | (0.13) | - |
| Net cash from financing activities | (2.45) | (3.45) | (1.95) | 2.77 | (0.01) | - |
| Net change in cash | 0.15 | (2.03) | 1.42 | 0.61 | 0.01 | - |
| Closing cash | 0.17 | 0.02 | 2.05 | 0.62 | 0.02 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +22.4% | -25.5% | +40.4% | -31.2% | +77.1% | - |
| EBITDA growth | +28.7% | -35.0% | +74.6% | -46.6% | +114.6% | - |
| PBT growth | -28.2% | -14.1% | +106.5% | -67.7% | +140.0% | +9997.0% |
| Net income growth | +1000.0% | -105.9% | +152.5% | -48.7% | - | - |
| Revenue CAGR (3Y) | +8.6% | -10.4% | +19.6% | - | - | - |
| EBITDA CAGR (3Y) | +13.5% | -15.4% | +26.0% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +19.4% | -2.2% | +33.0% | +18.4% | +53.3% | 0.0% |
| Return on capital employed | +7.8% | +5.7% | +8.2% | +5.1% | +5.9% | - |
| Return on net worth | +2.7% | -0.2% | +5.2% | +2.2% | +4.4% | - |
| Debt / equity | 0.16 | 0.28 | 0.39 | 0.34 | 0.25 | - |
| Long-term debt / equity | 0.16 | 0.28 | 0.39 | 0.34 | 0.16 | - |
| Interest cover | 57.07 | 23.08 | 41.82 | 50.79 | 18.64 | 27.27 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 279.00 | 228.00 | 306.00 | 218.00 | 634.00 | - |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Debtors turnover | 558.00 | 228.00 | 612.00 | 0.00 | 0.00 | - |
| EPS (₹) | 0.51 | (0.04) | 0.95 | 0.38 | 1.59 | (0.01) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 19.38 | 18.82 | 18.69 | 17.75 | 17.44 | 44.22 |
To see the full year-wise statements and ratios of J.A. Finance Ltd., buy the company report.
Board of directors of J.A. Finance Ltd.
J.A. Finance has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Kumar Goyal | Director | 30 Apr 1993 | 33 Years 5 Months | Current |
| Akshay Goyal Also directs: Asl Enterprises Limited, Asle Rolling Mills Private Limited, Asl Motors Private Limited and 4 more | Managing Director | 31 Mar 2014 | 12 Years 6 Months | Current |
| Amit Agarwal Also directs: Asl Enterprises Limited | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Deepa Kumari Saha | Director | 30 Apr 2025 | 1 Years 5 Months | Current |
Peer comparison
J.A. Finance Ltd. is compared with the 3 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 |
|---|---|---|---|---|---|---|
| J.A. Finance Ltd.this company | ₹2.79 Cr (FY 2026) | ₹54 Lakh | 19.4% | 22.4% | Kolkata, West Bengal, India | |
| MCF Finlease Private Limited | ₹1.63 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Trimex Fiscal Services Pvt Ltd | ₹1.63 Cr (FY 2025) | -38.0% | Kolkata, West Bengal, India | |||
| Kakrania Trading Pvt. Ltd. | ₹1.62 Cr (FY 2016) | 753.0% | Kolkata, West Bengal, India |
To see the full peer comparison of J.A. Finance Ltd., buy the company report.
Auditor
J.A. Finance Ltd. is audited by MBAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MBAH & CO | FY 2020 | 121426W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 59.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.90% | 59.90% | 59.90% | 59.90% |
| Public | 40.10% | 40.10% | 40.10% | 40.10% |
Legal cases
J.A. Finance Ltd. has 15 court cases on record: 14 filed by J.A. Finance, 1 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 0 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Kolkata | Insolvency matter | Filed by the company against Indico Motors Private Limited | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed by the company against M/S Om Suites Pvt. Ltd. and Others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Sri Balmukund Polyplast Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Revision petition | Filed by the company against State of Jharkhand and Others | Disposed |
To see the full case history of J.A. Finance Ltd., 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 J.A. Finance Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
J.A. Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACJ7671B1ZL | West Bengal | Active | 01 Jun 2019 |
To see the full GST registrations and return filing status of J.A. Finance Ltd., buy the company report.
Recent activity
J.A. Finance Ltd. has 28 board changes on record since 1993: 16 appointments and 12 cessations. The latest: Megha Goyal ceased to be CFO on 12 Nov 2025.
19 earlier events are in the company report.
Frequently asked questions
J.A. Finance is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 30 April 1993 (33+ years old) and is registered under CIN L65999WB1993PLC058703. Listed on BSE: 543860.
J.A. Finance reported revenue of ₹2.79 Cr for FY 2025-26 (up 22.4% YoY) based on standalone financials.
J.A. Finance has 4 current directors:
- Akshay Goyal - Managing Director
- Dilip Kumar Goyal - Director
- Amit Agarwal - Director
- Deepa Kumari Saha - Director
The latest financial statements of J.A. Finance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of J.A. Finance is 19AAACJ7671B1ZL, registered in West Bengal.
The CIN (Corporate Identification Number) of J.A. Finance is L65999WB1993PLC058703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. J.A. Finance is a listed company as per MCA records. Its shares are listed on BSE (code: 543860).
J.A. Finance has 15 court cases on record: 14 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
J.A. Finance was incorporated on 30 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of J.A. Finance by revenue are MCF Finlease Private Limited, Trimex Fiscal Services Pvt Ltd, Kakrania Trading 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).
Megha Goyal ceased to be CFO on 12 Nov 2025. Deepa Kumari Saha was appointed as Director on 30 Apr 2025. Medhavi Lohia ceased to be Director on 29 Apr 2025. J.A. Finance has 28 board changes on record in total.