Lerthai Finance Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN L65100KA1979PLC061580 Incorporated 02 November 1979 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed - BSE: 502250 Public Limited Company manufacturing
Data last updated
Market Cap
₹30.03 Cr
LERTHAI · BSE
Share Price
₹429.00
0.00% today
Revenue
₹0.29 Cr
FY 2025-26 · -38.3% YoY
EBITDA
−₹0.38 Cr
Margin -131.0%
Net Profit
−₹0.41 Cr
FY 2025-26 · -1950.0% YoY
ROE
-4.3%
ROCE -4.0%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed

About Lerthai Finance Limited

Data last updated:

Lerthai Finance Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Calvera Capital Pte Ltd. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 02 November 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L65100KA1979PLC061580. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 502250.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹70 Lakh. It was formerly known as Lti Finance Limited and Ltg Finance Limited. It is led by directors including Jayant Goel (Whole-Time Director) and Ntasha Berry.

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 Level 7 Mfar Greenheart Manyata Tech Park, Hebbal Outer Ring Road Bangalore, Karnataka, India – 560045.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹29 Lakh, a decline of 38.3% compared to the previous year. For the same year it recorded a net loss of ₹41 Lakh (net margin -141.4%) and EBITDA of -₹38 Lakh (EBITDA margin -131%). The net worth stands at ₹9.7 Cr (down 4.2% YoY). Total assets are valued at ₹9.7 Cr (down 4.2% YoY).

The company is associated with 1 brand: Lerthai Finance. As per MCA filings, the company has satisfied charges of ₹14.88 Cr on record. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 1 case is pending. The company has 52 deals on record (51 market trades, 1 acquisition); the latest was in February 2025. Its 3 peer companies in the Manufacturing industry (Construction Materials, Finance), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is Ushakiran Finance Limited with revenue of ₹47.25 Lakh. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 32 overdue payments to 4 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN L65100KA1979PLC061580
Registration Number 061580
Incorporation Date 02 November 1979
ROC Bangalore
Listing Status Listed - Listed on BSE (502250)
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Calvera Capital Pte Ltd
Compliance Status Active Compliant

Name history

Lerthai Finance has undergone 4 name changes throughout its history. The current legal name is Lerthai Finance Limited.

Company NameStatus
Lerthai Finance LimitedCurrent
Lti Finance LimitedPrevious
Ltg Finance LimitedPrevious
Marathwada Refractories LimitedPrevious

CIN history

Lerthai Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65100KA1979PLC061580, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65100KA1979PLC061580Current
L26900MH1979PLC021846Previous
L26900KA1979PLC061580Previous

Contact details

Lerthai Finance Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Level 7 Mfar Greenheart Manyata Tech Park, Hebbal Outer Ring Road Bangalore, Karnataka, India – 560045
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Lerthai Finance Limited, buy the company report.

Comprehensive company report
Lerthai Finance 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

Lerthai Finance operates one associated brand: Lerthai Finance. Each brand links to its own profile.

BrandDescriptionWebsite
Financial management and investment services are provided by Lerthai Finance.lerthaifinance.com

Business activity

The main business activity of Lerthai Finance 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 Lerthai Finance Limited, buy the company report.

Financials of Lerthai Finance Limited

FY 2025-26 filings available

Lerthai Finance Limited reported revenue of ₹29 Lakh (down 38.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.29 Cr
-38.3% YoY
EBITDA
−₹0.38 Cr
-153.3% YoY
Profit After Tax
−₹0.41 Cr
-1950.0% YoY
Net Worth
₹9.70 Cr
-4.2% YoY
Total Assets
₹9.70 Cr
-4.2% YoY
Total Debt
Nil

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
Revenue0.290.471.621.550.270.370.95
Revenue growth-38.3%-71.0%+4.5%+474.1%-27.0%-61.1%-
EBITDA(0.38)(0.15)0.970.86(0.40)(0.73)(0.46)
EBITDA margin-131.0%-31.9%+59.9%+55.5%-148.2%-197.3%-48.4%
Profit before tax(0.38)(0.15)0.970.86(0.40)(0.73)(0.46)
Net profit(0.41)(0.02)0.760.69(0.47)(0.63)(0.59)
Net profit margin-141.4%-4.3%+46.9%+44.5%-174.1%-170.3%-62.1%
EPS (₹)(6.07)(0.27)10.859.85(6.74)(8.85)(8.18)
Balance sheet
Total assets9.7010.1210.149.388.699.169.78
Net worth9.7010.1210.149.388.699.169.78
Total debt0.000.000.000.000.000.000.00
Cash & bank6.957.247.259.428.408.688.97
Net working capital6.767.107.289.388.278.678.99
Cash flow
Cash from operations(0.63)(0.43)(0.65)(0.95)(0.54)(1.06)(1.13)
Cash from investing5.182.38(4.32)5.071.260.660.84
Cash from financing0.000.000.000.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.07(0.06)0.080.160.11(0.06)0.190.22
Total expenses0.240.170.170.180.160.150.160.16
EBITDA(0.24)(0.17)(0.17)(0.18)(0.16)(0.15)(0.16)(0.16)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.17)(0.23)(0.09)(0.02)(0.05)(0.21)0.030.06
Tax0.000.020.000.010.00(0.02)0.01(0.12)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.07(0.06)0.080.160.11(0.06)0.190.22
Total expenses0.240.170.170.180.160.150.160.16
EBITDA(0.24)(0.17)(0.17)(0.18)(0.16)(0.15)(0.16)(0.16)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.17)(0.23)(0.09)(0.02)(0.05)(0.21)0.030.06
Tax0.000.020.000.010.00(0.02)0.01(0.12)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.290.471.621.550.270.370.95
Revenue growth-38.3%-71.0%+4.5%+474.1%-27.0%-61.1%-
Other income0.000.000.000.000.000.000.00
Total expenses0.670.620.650.690.671.101.41
Employee cost0.040.040.040.040.040.040.03
EBITDA(0.38)(0.15)0.970.86(0.40)(0.73)(0.46)
EBITDA margin-131.0%-31.9%+59.9%+55.5%-148.2%-197.3%-48.4%
Depreciation0.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.00
Profit before tax(0.38)(0.15)0.970.86(0.40)(0.73)(0.46)
Tax0.03(0.13)0.210.170.07(0.10)0.13
Net profit(0.41)(0.02)0.760.69(0.47)(0.63)(0.59)
Net profit margin-141.4%-4.3%+46.9%+44.5%-174.1%-170.3%-62.1%
EPS (₹)(6.07)(0.27)10.859.85(6.74)(8.85)(8.18)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital0.700.700.700.700.700.700.70
Reserves & surplus9.009.429.448.687.998.469.08
Shareholders' funds (net worth)9.7010.1210.149.388.699.169.78
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities9.7010.1210.149.388.699.169.78
Assets
Gross block0.000.010.010.000.000.000.00
Net block0.000.000.010.000.000.000.00
Capital work in progress0.000.000.000.000.000.000.00
Investments3.123.173.130.000.430.430.82
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances6.957.247.259.428.408.688.97
Loans & advances0.040.050.150.090.040.160.18
Total current assets6.997.297.409.518.448.849.15
Total current liabilities0.230.190.120.130.170.170.16
Net working capital6.767.107.289.388.278.678.99
Total assets9.7010.1210.149.388.699.169.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.400.455.421.300.580.971.25
Net cash from operating activities(0.63)(0.43)(0.65)(0.95)(0.54)(1.06)(1.13)
Net cash from investing activities5.182.38(4.32)5.071.260.660.84
Net cash from financing activities0.000.000.000.000.000.000.00
Net change in cash4.551.95(4.97)4.120.72(0.39)(0.28)
Closing cash6.957.247.259.428.408.688.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-38.3%-71.0%+4.5%+474.1%-27.0%-61.1%-
EBITDA growth-153.3%-115.5%+12.8%+315.0%+45.2%-58.7%-
PBT growth-153.3%-+12.8%+9998.0%+45.2%-58.7%+24.6%
Net income growth-1950.0%-102.6%+10.1%+246.8%+25.4%-6.8%-
Revenue CAGR (3Y)-42.8%+20.3%+63.6%+17.7%---
EBITDA CAGR (3Y)--27.9%---31.2%+73.4%+66.3%
Profitability & leverage
Net income margin-141.4%-4.3%+46.9%+44.5%-174.1%-170.3%-62.1%
Return on capital employed-4.0%-1.5%+9.9%+9.5%-4.5%-7.6%-4.4%
Return on net worth-4.3%-0.2%+7.8%+7.6%-5.3%-6.6%-5.7%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover58.0047.00324.000.000.000.000.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)(6.07)(0.27)10.859.85(6.74)(8.85)(8.18)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)138.54144.61144.88134.03124.18130.92139.77

To see the full year-wise statements and ratios of Lerthai Finance Limited, buy the company report.

Board of directors of Lerthai Finance Limited

Lerthai Finance has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ntasha BerryDirector30 May 20188 Years 5 MonthsCurrent
Jayant GoelWhole-Time Director30 May 20188 Years 5 MonthsCurrent
Aparna GoelDirector30 Mar 201511 Years 7 MonthsCurrent
Shao Xing Max YangDirector30 May 20188 Years 5 MonthsCurrent

Peer comparison

Lerthai Finance Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Construction Materials, Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ushakiran Finance Limited₹47.25 Lakh (FY 2021)296.0%Hyderabad, Telangana, India
Haryana New Pulsar Leasing and Finance Private Limited₹46.98 Lakh (FY 2024)13.0%Delhi, India
Vara Finance Private Limited₹46.55 Lakh (FY 2024)5.0%Hyderabad, Telangana, India
Lerthai Finance Limitedthis company₹29 Lakh (FY 2026)-₹41 Lakh-141.4%-38.3%Bangalore, Karnataka, India

To see the full peer comparison of Lerthai Finance Limited, buy the company report.

Auditor

Lerthai Finance Limited is audited by B. D. Jokhakar & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. D. Jokhakar & CoFY 2023104345W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 16.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 9.00%.

Promoters: 75.00%FII (Foreign Institutional): 16.00%Retail & Others: 9.00%
Sep 2026
QUARTER
75.00% Promoters
16.00% FII (Foreign Institutional)
9.00% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
None
Satisfied charges
₹14.88 Cr
Breakdown by lending institutions
Union Bank of Inda₹11.10 Cr
Union Bank of India₹2.85 Cr
The State Industrial & Investment Corpn. of Maharashtra Ltd.₹0.60 Cr
The Marharashtra Financial Corporation₹0.30 Cr
Housing Development Fianancial Corporation Ltd.₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Feb 200280047286Union Bank of India₹50 LakhSatisfied
06 Feb 200280047287Union Bank of India₹1 CrSatisfied
25 Sep 199990165383Union Bank of Inda₹1.9 CrSatisfied
11 Jan 199990160974Union Bank of Inda₹5 CrSatisfied
22 Sep 199890163767Union Bank of Inda₹25 LakhSatisfied

To see the full charge records of Lerthai Finance Limited, buy the company report.

Total charge records: 20 View all charges

Deals & funding

Lerthai Finance Limited has 52 deals on record (51 market trades, 1 acquisition); the latest was in February 2025.

Total deals
52
Market trades
51
Acquisition
1

Deals on record (5 of 52)

WhenDealAmountParties
Oct 2018Market trade₹2.87 CrBuyer: Stream Value Fund, Sparrow Investment Managers Limited
Seller: Saha Infrastructures Private Limited , an individual
Sep 2018Market trade₹45 LakhSeller: Saha Infrastructures Private Limited
Aug 2018Market trade₹1.7 CrBuyer: Sparrow Investment Managers Limited
Seller: Saha Infrastructures Private Limited , an individual
Mar 2015Market trade₹39.9 LakhBuyer: an individual
Seller: Pavak Securities Private Limited
Jun 2011Market trade₹1.15 CrBuyer: Saha Infrastructures Private Limited
Seller: 3 individuals

To see the full deal history of Lerthai Finance 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

Lerthai Finance Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 32 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Nexdigm Private Limited
Medpace Clinical Research India Private Limited
B.D.Jokhakar & Co.
Guru & Jana

To see the full MSME payment records of Lerthai Finance Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Lerthai Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Lerthai Finance Limited, buy the company report.

Recent activity

Lerthai Finance Limited has 32 board changes on record since 1980: 18 appointments and 14 cessations. The latest: Dig Vijay Singh ceased to be Director on 30 May 2018.

Filing
Lerthai Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Lerthai Finance Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Ceased
Dig Vijay Singh ceased to be Director.
Ceased
Hebbur Satyanarayanagupta Girish Guptha ceased to be Managing Director.
Appointed
Jayant Goel was appointed as Whole-Time Director.
Appointed
Ntasha Berry was appointed as Director.
Appointed
Shao Xing Max Yang was appointed as Director.
Ceased
Ganapathy Venkatesh ceased to be Director.
Appointed
Dig Vijay Singh was appointed as Director.
Ceased
Kapil Malhotra ceased to be Director.
Appointed
Ganapathy Venkatesh was appointed as Director.
Ceased
Malu Sanjay Tolaram ceased to be Director.

70 earlier events are in the company report.

Frequently asked questions

Lerthai Finance is an active public limited company based in Bangalore, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 02 November 1979 (47+ years old) and is registered under CIN L65100KA1979PLC061580. Listed on BSE: 502250.

Lerthai Finance reported revenue of ₹29 Lakh for FY 2025-26 (down 38.3% YoY) based on standalone financials.

Lerthai Finance has 4 current directors:

The latest financial statements of Lerthai Finance 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.

No. Lerthai Finance has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Lerthai Finance is L65100KA1979PLC061580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Lerthai Finance is a listed company as per MCA records. Its shares are listed on BSE (code: 502250).

Lerthai Finance has 15 court cases on record: 13 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.

Lerthai Finance was incorporated on 02 November 1979, making it 47+ years old. It is registered with the Registrar of Companies, Bangalore.

Lerthai Finance has 52 deals on record (51 market trades, 1 acquisition); the latest was in February 2025.

The peers of Lerthai Finance by revenue are Ushakiran Finance Limited, Haryana New Pulsar Leasing and Finance Private Limited, Vara Finance Private Limited, all in the Manufacturing industry (Construction Materials, Finance), with the same principal business activity (other financial activities).

Dig Vijay Singh ceased to be Director on 30 May 2018. Hebbur Satyanarayanagupta Girish Guptha ceased to be Managing Director on 30 May 2018. Jayant Goel was appointed as Whole-Time Director on 30 May 2018. Lerthai Finance has 32 board changes on record in total.