MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-08-0019126
Ace Finlease Private Limited - financial services in Kozhikode, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.74 Cr
▲ 109% YoY
Net profit · FY 2025
₹62.74 Lakh
Net margin 16.8%
EBITDA · FY 2025
₹1.37 Cr
EBITDA margin 36.7%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹9.4 Cr
Satisfied ₹16 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
6
Provident fund records
About Ace Finlease Private Limited
Data last updated:
Ace Finlease Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 09 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65910KL1996PTC010644. Its GSTIN is 32AADCA8128P1ZG (Kerala).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Yemkey Finance & Leasing Pvt Ltd. It is led by directors including Krishnanand Kamath (Managing Director) and Sadanand Kamath.
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 Ist Floor Leela Towers Kallai Road, Kozhikode, Kerala, India – 673002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.74 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹62.74 Lakh (net margin 16.8%) and EBITDA of ₹1.37 Cr (EBITDA margin 36.7%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 2% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.4 Cr and satisfied charges of ₹16 Cr on record. Court records list 1,638 cases involving the company, including 1,623 filed by the company and 15 filed against it; 54 cases are pending.
Ace Finlease Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0019126). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acegroup.in.
Company details
CIN U65910KL1996PTC010644
Registration Number 010644
Incorporation Date 09 August 1996
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-08-0019126
Recognitions & Rankings of Ace Finlease
Contact details
Ace Finlease Private Limited's registered office is in Kozhikode, Kerala. Its website is acegroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIst Floor Leela Towers Kallai Road, Kozhikode, Kerala, India – 673002
- IndustryFinancial Services, NBFC, Asset Financing Companies, Investment & Credit NBFC
To see the full contact details of Ace Finlease Private Limited, buy the company report.
Comprehensive company report
Ace Finlease 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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Business activity
The main business activity of Ace Finlease 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 Ace Finlease Private Limited, buy the company report.
Financials of Ace Finlease Private Limited
FY 2025 filings availableAce Finlease Private Limited reported revenue of ₹3.74 Cr (up 109% YoY) for FY 2025.
Revenue · FY 2025
₹3.74 Cr ▲ 109%
Net profit · FY 2025
₹62.74 Lakh margin 16.8%
EBITDA · FY 2025
₹1.37 Cr margin 36.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 34%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 515%
3 years · compounded
▲ 157%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 109% growth in the latest year. EBITDA rose 515% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.7% | ||||
| Net Profit Margin | 16.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Ace Finlease Private Limited, buy the company report.
Board of directors of Ace Finlease Private Limited
Ace Finlease has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadanand Kamath Also directs: Trio Holdings Private Limited, Ace Transworld Engineering Private Limted, Ace Structures Private Limited and 4 more | Director | 20 Oct 1999 | 27 Years 0 Months | Current |
| Krishnanand Kamath Also directs: Trio Holdings Private Limited, Ace Transworld Engineering Private Limted, Ace Structures Private Limited and 5 more | Managing Director | 24 Aug 1999 | 27 Years 2 Months | Current |
| Nityanand Kamath Also directs: Trio Holdings Private Limited, Ace Transworld Engineering Private Limted, Ace Structures Private Limited and 5 more | Director | 24 Aug 1999 | 27 Years 2 Months | Current |
| Archana Kamath Also directs: Ace Automobiles Private Limited | Director | 20 Dec 1999 | 26 Years 10 Months | Current |
| Premanand Kamath Also directs: Trio Holdings Private Limited, Ace Automobiles Private Limited, Hangar 18 Automotive LLP and 1 more | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Ace Finlease Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, 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 |
|---|---|---|---|---|---|---|
| Jindal Credit & Investments Limited | ₹3.74 Cr (FY 2025) | 4.0% | Allahabad, Uttar Pradesh, India | |||
| The Oriental Company Limited | ₹3.74 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Tenco Hire Purchase and Leasing Company Private Limited | ₹3.74 Cr (FY 2025) | 44.0% | Kunnamkulam, Kerala, India | |||
| Ace Finlease Private Limitedthis company | ₹3.74 Cr (FY 2025) | ₹62.74 Lakh | 16.8% | 109.0% | 6 | Kozhikode, Kerala, India |
| Blue River Finvest Private Limited | ₹3.73 Cr (FY 2025) | 32.0% | Indore, Madhya Pradesh, India | |||
| Banka Finance & Securities Pvt Ltd | ₹3.73 Cr (FY 2025) | 921.0% | Raipur, Chhattisgarh, India | |||
| Ojswi Trades Investment and Finance Limited | ₹3.72 Cr (FY 2019) | 149.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ace Finlease Private Limited, buy the company report.
Auditor
Ace Finlease Private Limited is audited by SVM ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVM ASSOCIATES | FY 2023 | 005793S |
Shareholding
The shareholding of Ace Finlease 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 category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ace Finlease Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.4 Cr
Satisfied charges
₹16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101170304 | Others | ₹2.5 Cr | Open | |
| 16 Jan 2025 | 101072338 | Others | ₹1.9 Cr | Open | |
| 17 Sep 2004 | 90020113 | Indian Overseas Bank | ₹5 Cr | Open | |
| 26 Jun 2013 | 10438122 | Dhanlaxmi Bank Limited | ₹15 Cr | Satisfied | |
| 12 Dec 2001 | 90018465 | Uco Bank | ₹1 Cr | Satisfied |
To see the full charge records of Ace Finlease Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ace Finlease Private Limited has 1,638 court cases on record: 1,623 filed by Ace Finlease, 15 filed against it. 54 cases are pending and 1,584 are disposed.
Total cases
1,638
Filed by the company
1,623
Filed against the company
15
Pending
54
Disposed
1,584
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,620 | 12 | 49 |
| High courts | 18 | 3 | 5 |
Cases on record (5 of 1,638)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against M/S Queens Habitats Pvt Ltd and 1 other | Pending |
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Ace Finlease Private 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 Ace Finlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ace Finlease Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-25%
GST
Ace Finlease has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCA8128P1ZG | Kerala | Active | 08 Aug 2017 |
To see the full GST registrations and return filing status of Ace Finlease Private Limited, buy the company report.
Recent activity
Ace Finlease Private Limited has 5 board changes on record since 1999: 5 appointments. The latest: Premanand Kamath was appointed as Director on 30 Sep 2024.
AGM
Ace Finlease Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101170304 was registered on 24 Sep 2025.
Filing
Ace Finlease Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 1.90 Cr with Charge ID 101072338 was registered on 16 Jan 2025.
Appointed
Premanand Kamath was appointed as Director.
Charges
A charge with Indian Overseas Bank of Rs. 5.00 Cr registered on 17 Sep 2004 with Charge ID 90020113 was modified on 18 Nov 2021.
Charges
A charge registered on 26 Jun 2013 via Charge ID 10438122 with Dhanlaxmi Bank Limited was fully satisfied on 16 Nov 2021.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 15.00 Cr with Charge ID 10438122 was registered on 26 Jun 2013.
Charges
A charge with Indian Overseas Bank amounted to Rs. 5.00 Cr with Charge ID 90020113 was registered on 17 Sep 2004.
Charges
A charge registered on 12 Dec 2001 via Charge ID 90018465 with Uco Bank was fully satisfied on 17 Sep 2004.
Charges
A charge with Uco Bank amounted to Rs. 1.00 Cr with Charge ID 90018465 was registered on 12 Dec 2001.
Appointed
Archana Kamath was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Ace Finlease is an active private limited company based in Kozhikode, Kerala, India. The company works in nbfc, within the financial services industry. It was incorporated on 09 August 1996 (30+ years old) and is registered under CIN U65910KL1996PTC010644.
Ace Finlease has 5 current directors:
- Krishnanand Kamath - Managing Director
- Sadanand Kamath - Director
- Nityanand Kamath - Director
- Archana Kamath - Director
- Premanand Kamath - Director
The latest financial statements of Ace Finlease 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 Ace Finlease is 32AADCA8128P1ZG, registered in Kerala.
The CIN (Corporate Identification Number) of Ace Finlease is U65910KL1996PTC010644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace Finlease has 1,638 court cases on record: 1,623 filed by the company and 15 filed against it. 54 are pending. Most are in the district courts.
Ace Finlease was incorporated on 09 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ace Finlease by revenue are Jindal Credit & Investments Limited, The Oriental Company Limited, Tenco Hire Purchase and Leasing Company Private Limited, Blue River Finvest Private Limited, Banka Finance & Securities Pvt Ltd and 1 more, all in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Premanand Kamath was appointed as Director on 30 Sep 2024. Archana Kamath was appointed as Director on 20 Dec 1999. Sadanand Kamath was appointed as Director on 20 Oct 1999. Ace Finlease has 5 board changes on record in total.
Yes, Ace Finlease is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0019126).
Ace Finlease can be reached through the website acegroup.in. Its registered office is in Kozhikode, Kerala, India.
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