Libra Finance Limited
About Libra Finance Limited
Data last updated:
Libra Finance Limited is a public limited company based in Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 05 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65921DL1981PLC050300.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.03 Cr. It was formerly known as Libra Finance Private Limited. It is led by directors including Harjit Singh (Managing Director) and Gurbikram Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Boulevord Road B – 2 Bhargava Lane Near Tishazari, Delhi, India – 110054.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.77 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹42.05 Lakh (net margin -23.8%) and EBITDA of ₹1.18 Cr (EBITDA margin 67%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹16.64 Cr on record. Court records list 296 cases involving the company, including 264 filed by the company and 32 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Libra Finance has one previous CIN (Corporate Identification Number): U99999DL1981PLC050300. The current CIN is U65921DL1981PLC050300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921DL1981PLC050300 | Current |
| U99999DL1981PLC050300 | Previous |
Contact details
Libra Finance Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressBoulevord Road B – 2 Bhargava Lane Near Tishazari, Delhi, India – 110054
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Libra 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
Financials of Libra Finance Limited
FY 2015 filings availableLibra Finance Limited reported revenue of ₹1.77 Cr (down 36% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 36% fall in the latest year. EBITDA rose 40% 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
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.77 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.18 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹42.05 Lakh |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 67% |
| Net Profit Margin | -23.8% |
| 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 Libra Finance Limited, buy the company report.
Board of directors of Libra Finance Limited
Libra Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Pal Kaur Also directs: Libra Finace and Carriers Pvt. Ltd., Libra Leasing Limited | Director | 10 Sep 2007 | 19 Years 1 Months | Current |
| Harjit Singh | Managing Director | 05 May 1981 | 45 Years 5 Months | Current |
| Gurbikram Singh | Whole-Time Director | 17 Mar 2004 | 22 Years 7 Months | Current |
Auditor
Libra Finance Limited is audited by VERMA RAJEEV & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VERMA RAJEEV & CO | FY 2015 | 008061N |
Shareholding
The shareholding of Libra Finance Limited is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Libra Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2011 | 10367926 | Punjab & Sind Bank | ₹61 Lakh | Open | |
| 07 May 2008 | 10101453 | Punjab & Sind Bank | ₹8.5 Cr | Open | |
| 24 Dec 2005 | 10019467 | Punjab & Sind Bank | ₹6.35 Cr | Open | |
| 01 Jan 1994 | 90041162 | Punjab & Sind Bank | ₹48.4 Lakh | Open | |
| 23 Sep 1992 | 90040992 | Punjab & Sind Bank | ₹70 Lakh | Open |
To see the full charge records of Libra Finance Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Libra Finance Limited has 296 court cases on record: 264 filed by Libra Finance, 32 filed against it. 1 case is pending and 295 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 290 | 27 | 1 |
| High courts | 5 | 5 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 296)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Arbitration matter | Filed by the company against Ahuja Goods Carriers Pvt Ltd and Anr and 1 other | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by The Oriental Insurance Company Ltd. | Disposed |
| District court, Central, Delhi | Court case (Cr. Case) | Filed against the company | Pending |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Libra 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 Libra Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Libra Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Libra Finance Limited has 7 board changes on record since 1981: 3 appointments and 4 cessations. The latest: Parveen Kaur ceased to be Director on 18 Jul 2015.
6 earlier events are in the company report.
Frequently asked questions
Libra Finance is an active public limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 05 May 1981 (45+ years old) and is registered under CIN U65921DL1981PLC050300.
Libra Finance has 3 current directors:
- Harjit Singh - Managing Director
- Gurbikram Singh - Whole-Time Director
- Amar Pal Kaur - Director
The latest financial statements of Libra Finance on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Libra Finance is U65921DL1981PLC050300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Libra Finance has 296 court cases on record: 264 filed by the company and 32 filed against it. 1 is pending. Most are in the district courts.
Libra Finance was incorporated on 05 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Parveen Kaur ceased to be Director on 18 Jul 2015. Amar Pal Kaur ceased to be Additional Director on 23 May 2008. Amar Pal Kaur was appointed as Director on 10 Sep 2007. Libra Finance has 7 board changes on record in total.
The registered office of Libra Finance is at Boulevord Road B – 2 Bhargava Lane Near Tishazari, Delhi, India – 110054.
Libra Finance operates in the financial services industry, in the nbfc segment.
Libra Finance has open charges of ₹16.64 Cr and no satisfied charges on record as per latest MCA filings.