
About Hedge Finance Limited
Data last updated:
Hedge Finance Limited is a public limited company based in Kochi, Kerala, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 15 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65923KL2011PLC027672. Its GSTIN is 32AACCH6357A1Z2 (Kerala).
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹34.02 Cr. It is led by directors including Alex Kalluvila Babu (Managing Director) and Kiliyanat Padmakumar Puliasseri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kochi, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.13 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 27.7%) and EBITDA of -₹39.17 Cr. Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 20% over five years.
The company has about 156 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hedge Finance. As per MCA filings, the company has open charges of ₹312.85 Cr and satisfied charges of ₹159.42 Cr on record. Court records list 4,481 cases involving the company, including 4,450 filed by the company and 32 filed against it; 1,488 cases are 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 hedgefinance.com.
Company details
Contact details
Hedge Finance Limited's registered office is in Kochi, Kerala. Its website is hedgefinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHedge Finance Ltd Hedge House Mamangalam Palarivattom P, .O, Kochi, Kerala, India – 682025
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Hedge 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
Brands
Hedge Finance operates one associated brand: Hedge Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers loans for MSME, vehicles, equipment, gold, and personal needs in Kerala. | hedgefinance.com |
Business activity
The main business activity of Hedge Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Hedge Finance Limited, buy the company report.
Financials of Hedge Finance Limited
FY 2024 filings availableHedge Finance Limited reported revenue of ₹4.13 Cr (up 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 87% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA fell 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹39.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.14 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 27.7% | ||||
| 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 Hedge Finance Limited, buy the company report.
Board of directors and KMP of Hedge Finance Limited
Hedge Finance Limited currently reports 7 directors and 3 key managerial personnel. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Ganapathy Kumar Also directs: Beauty From Ashes LLP | Company Secretary | 01 Mar 2020 | 6 Years 7 Months | Current |
| Kuruppath Ajitkumar | Director | 04 Sep 2019 | 7 Years 1 Months | Current |
| Palathunkal Chacko John | Director | 04 Sep 2019 | 7 Years 1 Months | Current |
| Kiliyanat Padmakumar Puliasseri | Whole-Time Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Rapheal Thomas Also directs: Kizhakkeparambil Natural Rock Constructions LLP, Pridhvi Granites LLP, Alleppey Ripples Sports & Entertainment LLP and 5 more | Director | 19 Apr 2018 | 8 Years 6 Months | Current |
| Alex Kalluvila Babu Also directs: Chef Garden LLP, West Hill Realtors and Developers LLP, Siringa Plantations LLP and 5 more | Managing Director | 15 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Hedge Finance Limited is audited by MANIKANDAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANIKANDAN & ASSOCIATES | FY 2020 | 008520S |
Shareholding
The shareholding of Hedge Finance 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hedge Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2025 | 101146067 | Others | ₹29.24 Cr | Open | |
| 29 Mar 2025 | 101081412 | Dhanlaxmi Bank Limited | ₹5 Cr | Open | |
| 26 Dec 2024 | 101039497 | Others | ₹76.22 Lakh | Open | |
| 10 Oct 2024 | 100993851 | Others | ₹28.18 Cr | Open | |
| 30 Dec 2023 | 100859810 | Others | ₹1.17 Cr | Open |
To see the full charge records of Hedge Finance Limited, buy the company report.
Total charge records: 121 View all charges
Legal cases
Hedge Finance Limited has 4,481 court cases on record: 4,450 filed by Hedge Finance, 32 filed against it. 1,488 cases are pending and 2,993 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4,441 | 10 | 1,477 |
| High courts | 40 | 22 | 11 |
Cases on record (5 of 4,481)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by Hedge Finance Ltd | Pending |
| High Court | Writ petition | Filed against the company by HDB Financial Services Ltd., | Disposed |
| High Court of Kerala | Writ petition | Filed against the company by an individual | Pending |
| High Court of Kerala | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed by the company against an individual | Pending |
To see the full case history of Hedge 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.
Credit ratings & regulatory alerts
Hedge Finance Limited was last rated by Brickwork on 09 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 09 Jun 2021 |
To see the full credit ratings and regulatory alerts of Hedge Finance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hedge Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hedge Finance Limited has a workforce of 156 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Hedge Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCH6357A1Z2 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hedge Finance Limited, buy the company report.
Recent activity
Hedge Finance Limited has 21 board changes on record since 2011: 10 appointments and 11 cessations. The latest: George John was appointed as Director on 24 Sep 2025.
208 earlier events are in the company report.
Frequently asked questions
Hedge Finance is an active public limited company based in Kochi, Kerala, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 15 February 2011 (15+ years old) and is registered under CIN U65923KL2011PLC027672.
Hedge Finance has 10 current directors and KMP:
- Alex Kalluvila Babu - Managing Director
- Kiliyanat Padmakumar Puliasseri - Whole-Time Director
- Kuruppath Ajitkumar - Director
- Palathunkal Chacko John - Director
- Rapheal Thomas - Director
- George John - Director
- Konnanath Thekkethil Ravindran - Director
- Girish Ganapathy Kumar - Company Secretary
- Vinay Sasidharan - Ceo
- Suraj Ramachandran - Cfo
The latest financial statements of Hedge Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hedge Finance is 32AACCH6357A1Z2, registered in Kerala.
The CIN (Corporate Identification Number) of Hedge Finance is U65923KL2011PLC027672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hedge Finance has 4,481 court cases on record: 4,450 filed by the company and 32 filed against it. 1,488 are pending. Most are in the district courts.
Hedge Finance was incorporated on 15 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
George John was appointed as Director on 24 Sep 2025. Konnanath Thekkethil Ravindran was appointed as Director on 24 Sep 2025. Girish Ganapathy Kumar was appointed as Company Secretary on 01 Mar 2020. Hedge Finance has 21 board changes on record in total.
Hedge Finance can be reached through the website hedgefinance.com. Its registered office is in Kochi, Kerala, India.
The registered office of Hedge Finance is at Hedge Finance Ltd Hedge House Mamangalam Palarivattom P, .O, Kochi, Kerala, India – 682025.