About Smart Finsec Limited
Data last updated: 31 December 2025
Smart Finsec Limited is a public limited company based in New Delhi, Delhi, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 02 May 1995, the company has been in operation for over 31 years.
Registered with ROC Delhi under CIN L74899DL1995PLC063562. Listed on BSE: 539494.
Capital: an authorised share capital of ₹8 Cr and a paid-up capital of ₹3 Cr. Formerly known as Kevalin Securities Limited and Kevalin Securities Private Limited. It is led by directors including Arun Khera and Vishesh Chaturvedi.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: F – 88 West District Centre Shivaji Enclave Rajouri Garden Opp. Tdi Paragon Mall, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.75 Cr, a decline of 41.78% compared to the previous year.
The company is associated with 1 brand - Smart Finsec. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹6.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartfinsec.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressF – 88 West District Centre Shivaji Enclave Rajouri Garden Opp. Tdi Paragon Mall, New Delhi, Delhi, India – 110027
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Smart Finsec Limited
Smart Finsec Limited has undergone 2 name changes throughout its history. The company was previously known as Kevalin Securities Limited, and Kevalin Securities Private Limited. The current legal name is Smart Finsec Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Smart Finsec Limited | Current |
| Kevalin Securities Limited | Previous |
| Kevalin Securities Private Limited | Previous |
CIN History of Smart Finsec Limited
Smart Finsec Limited has one previous CIN (Corporate Identification Number): U74899DL1995PLC063562. The current CIN is L74899DL1995PLC063562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1995PLC063562 | Current |
| U74899DL1995PLC063562 | Previous |
Associated Brands with Smart Finsec Limited
Smart Finsec Limited operates one associated brand: Smart Finsec. These brands represent Smart Finsec Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of diversified SME loans | smartfinsec.com |
Competitors & Alternatives of Smart Finsec Limited
Brands and companies operating in the same space as Smart Finsec Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
|
Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
|
Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
|
Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
|
Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
|
2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
|
Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Smart Finsec Limited
Smart Finsec Limited operates primarily in the financial and insurance service and real estate sectors. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Financial and insurance Service | ********* | Other financial activities | ********* |
| ********* | Real Estate | ********* | Real estate activities with own or leased property | ********* |
Auditor Details of Smart Finsec Limited
Smart Finsec Limited is audited by HK DUA & CO. for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HK DUA & CO. | blur-value | blur-value | blur-value |
Board of Directors of Smart Finsec Limited
Smart Finsec Limited is currently managed by 10 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Khera | Managing Director | 02 May 1995 | 31 Years 2 Months | Current |
| Vishesh Chaturvedi | Director | 31 Mar 2022 | 4 Years 3 Months | Current |
| Parul Pathak | Director | 31 Mar 2022 | 4 Years 3 Months | Current |
| Vimmi Sachdev | Director | 01 Aug 2017 | 8 Years 11 Months | Current |
| Jayant Kumar | Cfo | 01 Jul 2025 | 1 Years 0 Months | Current |
| Rajinder Kumar Arora | Additional Director | 08 Oct 2024 | 1 Years 9 Months | Current |
Financials of Smart Finsec Limited FY 2024 filings available
Smart Finsec Limited reported revenue of ₹25.07 Cr (down 18.48% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹25.07 Cr | ₹30.75 Cr | ₹50.82 Cr | ₹23.22 Cr | ₹9.64 Cr |
| Interest Earned | ₹60.4 Lakh | ₹18.19 Lakh | ₹30.44 Lakh | ₹51.84 Lakh | ₹72.11 Lakh |
| Other Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Income | ₹25.07 Cr | ₹30.75 Cr | ₹50.82 Cr | ₹23.22 Cr | ₹9.64 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹17.42 Cr | ₹24.68 Cr | ₹47.27 Cr | ₹26.19 Cr | ₹11.68 Cr |
| Changes in Inventories | ₹4.11 Cr | ₹3.88 Cr | -₹1.32 Cr | -₹3.79 Cr | -₹2.87 Cr |
| Employee Benefit Expense | ₹27 Lakh | ₹11.26 Lakh | ₹10.7 Lakh | ₹9.2 Lakh | ₹9.41 Lakh |
| Finance Costs | ₹10,000 | ₹25,000 | ₹42,000 | ₹9.66 Lakh | ₹0 |
| Depreciation & Amortisation | ₹5.5 Lakh | ₹5.45 Lakh | ₹5.45 Lakh | ₹5.45 Lakh | ₹5.49 Lakh |
| Other Expenses | ₹12.74 Lakh | ₹10.49 Lakh | ₹13.89 Lakh | ₹13.23 Lakh | ₹17.66 Lakh |
| Total Expenses | ₹21.98 Cr | ₹28.84 Cr | ₹46.27 Cr | ₹22.78 Cr | ₹9.13 Cr |
| Profit Before Exceptional Items & Tax | ₹3.09 Cr | ₹1.92 Cr | ₹4.55 Cr | ₹44.37 Lakh | ₹50.11 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹3.09 Cr | ₹1.92 Cr | ₹4.55 Cr | ₹44.37 Lakh | ₹50.11 Lakh |
| Total Tax Expense | ₹72.22 Lakh | ₹50.66 Lakh | ₹1.09 Cr | -₹38,000 | ₹13.1 Lakh |
| Net Profit | ₹2.37 Cr | ₹1.41 Cr | ₹3.46 Cr | ₹44.75 Lakh | ₹37.01 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹2.37 Cr | ₹1.41 Cr | ₹3.46 Cr | ₹44.75 Lakh | ₹37.01 Lakh |
| EBITDA (computed) | ₹3.14 Cr | ₹1.98 Cr | ₹4.61 Cr | ₹59.48 Lakh | ₹55.6 Lakh |
| Basic EPS | ₹0.79 | ₹0.47 | ₹1.15 | ₹1.49 | ₹1.23 |
| Diluted EPS | ₹0.79 | ₹0.47 | ₹1.15 | ₹1.49 | ₹1.23 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Assets | ₹14.6 Cr | ₹13.6 Cr | ₹13.38 Lakh Cr | ₹16.47 Lakh Cr | ₹1,193.03 Cr |
| Property, Plant & Equipment | ₹1.35 Cr | ₹1.4 Cr | ₹145,640 Cr | ₹151,090 Cr | ₹156.54 Cr |
| Inventories | ₹0 | ₹4.11 Cr | ₹799,120 Cr | ₹667,380 Cr | ₹287.66 Cr |
| Cash & Equivalents | ₹75.08 Lakh | ₹9.43 Lakh | ₹17,990 Cr | ₹12,300 Cr | ₹73.63 Cr |
| Equity (Net Worth) | ₹14.51 Cr | ₹12.14 Cr | ₹10.73 Lakh Cr | ₹727,390 Cr | ₹682.63 Cr |
| Equity Share Capital | ₹3 Cr | ₹3 Cr | ₹300,000 Cr | ₹300,000 Cr | ₹300 Cr |
| Total Liabilities | ₹9.13 Lakh | ₹1.45 Cr | ₹264,570 Cr | ₹919,140 Cr | ₹510.4 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | ₹2.66 Cr | -₹50.46 Lakh | -₹537,195 Cr |
| Investing Cash Flow | -₹60.06 Lakh | ₹1.62 Cr | ₹183,178 Cr |
| Financing Cash Flow | -₹1.4 Cr | -₹1.2 Cr | ₹260,000 Cr |
| Capital Expenditure | ₹71,000 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹2.65 Cr | -₹50.46 Lakh | -₹537,195 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹65.69 Lakh | -₹8.57 Lakh | -₹94,017 Cr |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹58.05 Lakh | ₹73.27 Lakh | ₹61.41 Lakh |
| Interest Earned | ₹20.83 Lakh | ₹20.72 Lakh | ₹16.82 Lakh |
| Other Income | ₹0 | ₹0 | ₹0 |
| Total Income | ₹58.05 Lakh | ₹73.27 Lakh | ₹61.41 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹69,000 | ₹11.28 Lakh | ₹7 Lakh |
| Changes in Inventories | ₹4,000 | ₹53,000 | -₹74,000 |
| Employee Benefit Expense | ₹14.54 Lakh | ₹8.92 Lakh | ₹8.83 Lakh |
| Finance Costs | ₹38,000 | ₹91,000 | ₹0 |
| Depreciation & Amortisation | ₹1.37 Lakh | ₹1.37 Lakh | ₹1.38 Lakh |
| Other Expenses | ₹1.52 Lakh | ₹2.9 Lakh | ₹6.49 Lakh |
| Total Expenses | ₹18.54 Lakh | ₹25.91 Lakh | ₹22.96 Lakh |
| Profit Before Exceptional Items & Tax | ₹39.51 Lakh | ₹47.36 Lakh | ₹38.45 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹39.51 Lakh | ₹47.36 Lakh | ₹38.45 Lakh |
| Total Tax Expense | ₹9.27 Lakh | ₹10.63 Lakh | ₹8.43 Lakh |
| Net Profit | ₹30.24 Lakh | ₹36.73 Lakh | ₹30.02 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹30.24 Lakh | ₹36.73 Lakh | ₹30.02 Lakh |
| EBITDA (computed) | ₹41.26 Lakh | ₹49.64 Lakh | ₹39.83 Lakh |
| Basic EPS | ₹0.10 | ₹0.12 | ₹0.10 |
| Diluted EPS | ₹0.10 | ₹0.12 | ₹0.10 |
| Segment · Q3 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Real Estate | ₹7.3 Lakh | ₹5.93 Lakh | ₹1.27 Cr | ₹0 |
| NBFC Activity | ₹50.75 Lakh | ₹33.58 Lakh | ₹14.21 Cr | ₹0 |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Real Estate | ₹24.8 Lakh | ₹18.75 Lakh | - | - |
| NBFC Activity | ₹24.82 Cr | ₹2.9 Cr | - | - |
Shareholding Pattern of Smart Finsec Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 74.99%, retail and other public shareholders hold 25.01% of Smart Finsec Limited. The company had 16,620 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% |
| Public | 25.01% | 25.01% | 25.01% | 25.01% | 25.01% | 25.01% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 74.99% | 74.99% | 74.99% |
| Public | 25.01% | 25.01% | 25.01% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Smart Finsec Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | Axis Bank Limited | ₹30 Cr | Open |
| 21 Oct 2020 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
| 31 Oct 2006 | B H W Home Finance Limited | ₹1.95 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Smart Finsec Limited
View historical data on people associated with Smart Finsec Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Smart Finsec Limited
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GST Compliance of Smart Finsec Limited
GSTIN & GST Filing Data of Smart Finsec Limited
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Credit Ratings, Litigation & Regulatory Alerts for Smart Finsec Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Smart Finsec Limited
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MSME Payment Delays by Smart Finsec Limited
MSME Payment Delays by Smart Finsec Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Smart Finsec Limited
Subsidiaries & Group Companies of Smart Finsec Limited
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MCA Filings & Documents of Smart Finsec Limited
MCA Filings & Documents of Smart Finsec Limited
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Recent Activity on Smart Finsec Limited
Frequently Asked Questions about Smart Finsec Limited
Smart Finsec Limited is an active public limited company in the financial services sector based in New Delhi, Delhi, India. It was incorporated on 02 May 1995 (31+ years old) and is registered under CIN L74899DL1995PLC063562. Listed on BSE: 539494.
Smart Finsec Limited reported revenue of ₹30.75 Cr for FY 2023 (down 41.78% YoY).
The current directors of Smart Finsec Limited are:
- Shashi Sharma
- Rajvinder Kaur
- Arun Khera
- Vishesh Chaturvedi
- Parul Pathak
- Vimmi Sachdev
- Jayant Kumar
- Rajinder Kumar Arora
- Sachit Khera
- Jayant Kumar
The primary industry of Smart Finsec Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Smart Finsec Limited is listed on BSE with code 539494.
Smart Finsec Limited can be reached at the registered office: F – 88 West District Centre Shivaji Enclave Rajouri Garden Opp. Tdi Paragon Mall, New Delhi, Delhi, India – 110027, or through the website smartfinsec.com.