Star Housing Finance Limited

BSE: 539017
Star Housing Finance Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45201MH2005PLC376046 Incorporated 21 March 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 539017 Public Limited Company financial services MSME · Small
Market Cap
₹32.38 Cr
STARHFL · BSE
Share Price
₹3.90
-4.88% today
Revenue
₹92.55 Cr
FY 2024-25 · +57.9% YoY
EBITDA
₹59.09 Cr
Margin 63.9%
Net Profit
₹10.99 Cr
FY 2024-25 · +23.9% YoY
P/E (TTM)
4.9x
P/B 0.2x
ROE
8.0%
ROCE 12.1%
Debt / Equity
2.62
Interest cover 79.8x

About Star Housing Finance Limited

Data last updated:

Star Housing Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 21 March 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45201MH2005PLC376046. Its GSTIN is 27AAGCA1988C1ZP (Maharashtra). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539017.

The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹39.48 Cr. It was formerly known as Akme Star Housing Finance Limited and Akme Star Housing Finance Private Limited. It is led by directors including Amlendra Prasad Saxena and Shweta Dilip Mehta.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 603 Western Edge I Above Metro Cash & Carry Borivali East Mumbai 400066, Maharashtra, India – 400066.

As per the latest standalone financials for FY 2024-25, the company reported a revenue of ₹92.55 Cr, a growth of 57.9% compared to the previous year. For the same year it recorded a net profit of ₹10.99 Cr (net margin 11.9%) and EBITDA of ₹59.09 Cr (EBITDA margin 63.8%). The net worth stands at ₹143.87 Cr (up 8.2% YoY). Total assets are valued at ₹547.68 Cr (up 20.8% YoY).

The company has about 21 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: ACME Star Housing Finance and Star Housing Finance. As per MCA filings, the company has open charges of ₹672.86 Cr and satisfied charges of ₹72.65 Cr on record. Court records list 322 cases involving the company, including 313 filed by the company and 9 filed against it; 131 cases are pending. The company has 33 deals on record (26 market trades, 3 funding rounds, 3 debt financings), with disclosed funding of ₹83.26 Cr; the latest was in August 2026. Its 7 peer companies in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 4 smaller; the largest is Virtuous Finance Private Limited with revenue of ₹63.12 Cr.

Star Housing Finance Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0067262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akmestarhousing.com.

Company details

CIN L45201MH2005PLC376046
Registration Number 376046
Incorporation Date 21 March 2005
ROC Mumbai
Listing Status Listed - Listed on BSE (539017)
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0067262

Name history

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

Company NameStatus
Star Housing Finance LimitedCurrent
Akme Star Housing Finance LimitedPrevious
Akme Star Housing Finance Private LimitedPrevious
Akme Buildhome Private LimitedPrevious

CIN history

Star Housing Finance has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201MH2005PLC376046, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45201MH2005PLC376046Current
U45201RJ2005PTC020463Previous
L45201RJ2005PLC020463Previous
U45201RJ2005PLC020463Previous
Key People
Amlendra Prasad Saxena Director Shweta Dilip Mehta Additional Director Abhaykumar Jiledar Pal Additional Director

Recognitions & Rankings of Star Housing Finance

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0067262

Contact details

Star Housing Finance Limited's registered office is in Mumbai, Maharashtra. Its website is akmestarhousing.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    akmestarhousing.com
  • Social Media
  • Registered Address
    603 Western Edge I Above Metro Cash & Carry Borivali East Mumbai 400066, Maharashtra, India – 400066
  • Industry
    Financial Services, Housing Finance Companies

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

Comprehensive company report
Star Housing 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

Star Housing Finance operates two associated brands: ACME Star Housing Finance and Star Housing Finance. Each brand links to its own profile.

BrandDescriptionWebsite
ACME Star Housing Finance
Home loans are financed for residential properties in India.akmestarhousing.com
Star Housing Finance
Home loans, construction loans, and property improvement loans are provided.starhfl.com

Business activity

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

Financials of Star Housing Finance Limited

FY 2024-25 filings available

Star Housing Finance Limited reported revenue of ₹92.55 Cr (up 57.9% YoY) for FY 2024-25.

Financial Highlights

FY 2024-25 · Standalone
Revenue
₹92.55 Cr
+57.9% YoY
EBITDA
₹59.09 Cr
+59.9% YoY
Profit After Tax
₹10.99 Cr
+23.9% YoY
Net Worth
₹144 Cr
+8.2% YoY
Total Assets
₹548 Cr
+20.8% YoY
Total Debt
₹404 Cr
+26.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income statement
Revenue92.5558.6235.3318.7215.6915.9011.73
Revenue growth+57.9%+65.9%+88.7%+19.3%-1.3%+35.6%-
EBITDA59.0936.9517.867.137.3411.0710.51
EBITDA margin+63.9%+63.0%+50.6%+38.1%+46.8%+69.6%+89.6%
Profit before tax14.1811.468.011.332.186.115.97
Net profit10.998.876.970.631.565.024.11
Net profit margin+11.9%+15.1%+19.7%+3.4%+9.9%+31.6%+35.0%
EPS (₹)1.411.130.900.380.993.223.40
Balance sheet
Total assets54845326914311890.1772.26
Net worth14413310664.1053.6452.4730.52
Total debt40432016278.4864.2837.7041.75
Cash & bank10485.5540.8334.3823.611.103.07
Net working capital12458.7428.9429.8219.482.354.41
Cash flow
Cash from operations(65.25)(129)(111)(6.29)(9.01)(10.67)(5.45)
Cash from investing3.96(14.37)(10.14)(7.05)(4.01)(0.25)0.12
Cash from financing84.5217612022.4132.028.957.30
ParticularsDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue25.8225.1521.8127.7124.0321.9118.9116.33
Revenue growth (YoY)+7.5%+14.8%+15.3%+69.7%+47.2%---
Other income0.000.000.000.18(0.55)0.732.053.01
Total expenses11.028.606.9410.758.657.386.696.86
EBITDA14.8016.5514.8716.9615.3814.5312.229.47
EBITDA margin+57.3%+65.8%+69.1%+61.8%+65.3%+68.0%+64.6%+58.5%
Depreciation0.420.410.220.280.190.180.170.19
Interest13.6213.8412.8813.0312.1411.1210.208.18
Profit before tax0.762.301.773.832.503.963.904.11
Tax0.280.520.380.850.470.880.881.38

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue25.8225.1521.8127.7124.0321.9118.9116.33
Revenue growth (YoY)+7.5%+14.8%+15.3%+69.7%+47.2%---
Other income0.000.000.000.18(0.55)0.732.053.01
Total expenses11.028.606.9410.758.657.386.696.86
EBITDA14.8016.5514.8716.9615.3814.5312.229.47
EBITDA margin+57.3%+65.8%+69.1%+61.8%+65.3%+68.0%+64.6%+58.5%
Depreciation0.420.410.220.280.190.180.170.19
Interest13.6213.8412.8813.0312.1411.1210.208.18
Profit before tax0.762.301.773.832.503.963.904.11
Tax0.280.520.380.850.470.880.881.38
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Revenue92.5558.6235.3318.7215.6915.9011.73
Revenue growth+57.9%+65.9%+88.7%+19.3%-1.3%+35.6%-
Other income2.413.011.910.640.000.000.00
Total expenses33.4621.6717.4711.598.354.831.22
Employee cost18.5713.219.507.453.972.030.75
EBITDA59.0936.9517.867.137.3411.0710.51
EBITDA margin+63.9%+63.0%+50.6%+38.1%+46.8%+69.6%+89.6%
Depreciation0.820.670.360.270.150.040.03
Interest46.5027.8311.406.175.014.924.51
Profit before tax14.1811.468.011.332.186.115.97
Tax3.092.591.040.700.621.091.86
Net profit10.998.876.970.631.565.024.11
Net profit margin+11.9%+15.1%+19.7%+3.4%+9.9%+31.6%+35.0%
EPS (₹)1.411.130.900.380.993.223.40
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Equity & liabilities
Share capital39.4839.3638.5816.5815.6715.6712.08
Reserves & surplus89.6878.6567.8446.2237.9736.8017.97
Shareholders' funds (net worth)14413310664.1053.6452.4730.52
Secured loans40432016278.4864.2837.7041.75
Unsecured loans0.000.000.000.000.000.000.00
Total debt40432016278.4864.2837.7041.75
Total liabilities54845326914311890.1772.26
Assets
Gross block5.344.653.462.281.931.421.17
Net block2.963.092.561.651.571.211.00
Capital work in progress0.001.861.190.000.000.000.00
Investments8.498.017.388.583.563.563.56
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances10485.5540.8334.3823.611.103.07
Loans & advances24.259.764.706.132.712.021.68
Total current assets12895.3145.5340.5126.323.124.75
Total current liabilities4.4936.5716.5910.696.840.770.34
Net working capital12458.7428.9429.8219.482.354.41
Total assets54845326914311890.1772.26
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Opening cash60.9428.1029.1820.101.103.071.09
Net cash from operating activities(65.25)(129)(111)(6.29)(9.01)(10.67)(5.45)
Net cash from investing activities3.96(14.37)(10.14)(7.05)(4.01)(0.25)0.12
Net cash from financing activities84.5217612022.4132.028.957.30
Net change in cash23.2332.83(1.08)9.0819.00(1.96)1.97
Closing cash10485.5540.8334.3823.611.103.07
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Growth
Sales growth+57.9%+65.9%+88.7%+19.3%-1.3%+35.6%-
EBITDA growth+59.9%+106.9%+150.5%-2.9%-33.7%+5.3%-
PBT growth+23.7%+43.1%+502.3%-39.0%-64.3%+2.4%+49.3%
Net income growth+23.9%+27.3%+1006.4%-59.6%-68.9%+22.1%-
Revenue CAGR (3Y)+70.4%+55.2%+30.5%+16.9%+31.1%+67.9%+63.0%
EBITDA CAGR (3Y)+102.4%+71.4%+17.3%-12.1%+9.1%+62.5%+73.3%
Profitability & leverage
Net income margin+12.0%+15.1%+19.7%+3.4%+9.9%+31.6%+35.0%
Return on capital employed+12.1%+10.9%+9.5%+5.8%+7.0%+13.7%+16.8%
Return on net worth+8.0%+7.5%+8.2%+1.1%+3.0%+12.3%+15.5%
Debt / equity2.622.031.421.220.970.971.34
Long-term debt / equity2.622.031.421.220.910.871.11
Interest cover79.8076.7165.1489.9469.6844.6143.03
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.000.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)1.411.130.900.380.993.223.40
Dividend per share (₹)0.100.000.050.200.150.100.00
Book value per share (₹)16.3614.9213.7237.5433.8733.1224.41

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

Board of directors of Star Housing Finance Limited

Star Housing Finance has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amlendra Prasad SaxenaDirector14 Sep 20206 Years 1 MonthsCurrent
Shweta Dilip Mehta
Also directs: Lord's Mark Industries Limited, Col Vision Private Limited, Bnvrs Tech Private Limited
Additional Director15 Jun 20260 Years 4 MonthsCurrent
Abhaykumar Jiledar PalAdditional Director08 Jul 20260 Years 4 MonthsCurrent
Yogesh Narayanbhai LimbachiyaNominee Director17 Jun 20260 Years 4 MonthsCurrent
View all directors

Peer comparison

Star Housing Finance Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Star Housing Finance Limitedthis company₹92.55 Cr (FY 2025)₹10.99 Cr11.9%57.9%21Mumbai, Maharashtra, India
Virtuous Finance Private Limited₹63.12 Cr (FY 2017)9.0%Mumbai, Maharashtra, India
Vasi Gateways Private Limited₹62.59 Cr (FY 2025)-33.0%Noida, Uttar Pradesh, India
Intensive Finance Private Limited₹61.65 Cr (FY 2025)579.0%Mumbai, Maharashtra, India
Optimus Finance Limited₹61.43 Cr (FY 2019)70.0%Vadodara, Gujarat, India
Plum Benefits Insurance Brokers Private Limited₹60.61 Cr (FY 2025)83.0%Bangalore, Karnataka, India
Vanchinad Finance Private Limited₹60.45 Cr (FY 2025)-3.0%Ernakulam, Kerala, India
Lumax Finance Private Limited₹60.41 Cr (FY 2025)25.0%New Delhi, Delhi, India

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

Auditor

Star Housing Finance Limited is audited by H R Jain & Co for the financial year 2019.

Auditor firmFinancial yearFirm registration number
H R Jain & CoFY 2019000262C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 17.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 82.40%.

Promoters: 17.50%DII (Domestic Institutional): 0.10%Retail & Others: 82.40%
Sep 2026
QUARTER
17.50% Promoters
0.10% DII (Domestic Institutional)
82.40% Retail & Others
Promoter holding - history
Now 17.50% · Sep 2026High 18.40% · Dec 2025Low 17.50% · Sep 2026
16%17%18%19%20%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 18.40%Mar 2026: 17.60%Jun 2026: 17.60%Sep 2026: 17.50%18.40%17.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters17.50%17.60%17.60%18.40%
Public82.50%82.40%82.40%81.60%

Charges & borrowings

Open charges
₹672.86 Cr
Satisfied charges
₹72.65 Cr
Breakdown by lending institutions
Others₹463.92 Cr
Sbicap Trustee Company Limited₹110.00 Cr
State Bank of India₹82.94 Cr
Idbi Bank Limited₹10.00 Cr
Tata Capital Financial Services Limited₹6.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Oct 2025101176422Sbicap Trustee Company Limited₹50 CrOpen
20 Aug 2025101154272Others₹10 CrOpen
07 Jul 2025101119980Others₹40 CrOpen
27 Jun 2025101118776Others₹10 CrOpen
25 Mar 2025101074259Others₹5 CrOpen

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

Total charge records: 72 View all charges

Deals & funding

Star Housing Finance Limited has 33 deals on record (26 market trades, 3 funding rounds, 3 debt financings), with disclosed funding of ₹83.26 Cr; the latest was in August 2026.

Total deals
33
Market trades
26
Funding rounds
3
Debt financings
3
IPO
1
Disclosed funding
₹83.26 Cr

Deals on record (5 of 33)

WhenDealAmountParties
Sep 2023Market trade₹2.34 CrBuyer: an individual
Seller: Akme Build Estate Limited
Sep 2023Market trade₹3.01 CrBuyer: an individual
Seller: Akme Build Estate Limited
Jan 2023Debt financing₹2.5 CrInvestors: Mas Rural Housing & Mortgage Finance Limited
Dec 2022Debt financing₹10 CrInvestors: Maanaveeya Development & Finance Private Limited
Aug 2022Funding round₹21.48 CrInvestors: Arika Securities Private Limited , Colo Securities Private Limited

To see the full deal history of Star Housing Finance Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Star Housing Finance Limited was last rated by Brickwork on 28 Jul 2021.

Rating agencyRated onRating
Brickwork28 Jul 2021

To see the full credit ratings and regulatory alerts of Star Housing Finance Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Star Housing Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Star Housing Finance Limited has a workforce of 21 employees on its EPFO records as of May 2026.

Employee count
21
Employee growth
-50%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2721
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Star Housing Finance Limited, buy the company report.

GST

Star Housing Finance has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAGCA1988C1ZPMaharashtraActive21 Dec 2019
08AAGCA1988C1ZPRajasthanActive01 Jul 2017

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

Recent activity

Star Housing Finance Limited has 37 board changes on record since 2005: 21 appointments and 16 cessations. The latest: Abhaykumar Jiledar Pal was appointed as Additional Director on 08 Jul 2026.

Appointed
Abhaykumar Jiledar Pal was appointed as Additional Director.
Charges
A charge with Others of Rs. 10.00 Cr registered on 02 Sep 2024 with Charge ID 100975067 was modified on 25 Jun 2026.
Appointed
Yogesh Narayanbhai Limbachiya was appointed as Nominee Director.
Appointed
Shweta Dilip Mehta was appointed as Additional Director.
Charges
A charge registered on 23 Mar 2023 via Charge ID 100689103 with Others was fully satisfied on 16 Mar 2026.
Charges
A charge with Others of Rs. 12.45 Cr registered on 22 Nov 2024 with Charge ID 101011296 was modified on 27 Feb 2026.
Charges
A charge with Others of Rs. 7.03 Cr registered on 06 Feb 2024 with Charge ID 100871977 was modified on 27 Feb 2026.
Ceased
Neelam Tater ceased to be Director.
Charges
A charge with Others of Rs. 40.00 Cr registered on 07 Jul 2025 with Charge ID 101119980 was modified on 24 Nov 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 50.00 Cr with Charge ID 101176422 was registered on 08 Oct 2025.
AGM
Star Housing Finance Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101154272 was registered on 20 Aug 2025.

129 earlier events are in the company report.

News

Frequently asked questions

Star Housing Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 21 March 2005 (21+ years old) and is registered under CIN L45201MH2005PLC376046. Listed on BSE: 539017.

Star Housing Finance reported revenue of ₹92.55 Cr for FY 2024-25 (up 57.9% YoY) based on standalone financials.

Star Housing Finance has 4 current directors:

The latest financial statements of Star Housing Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Star Housing Finance is 27AAGCA1988C1ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAGCA1988C1ZP (Rajasthan).

The CIN (Corporate Identification Number) of Star Housing Finance is L45201MH2005PLC376046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Star Housing Finance is a listed company as per MCA records. Its shares are listed on BSE (code: 539017).

Star Housing Finance has 322 court cases on record: 313 filed by the company and 9 filed against it. 131 are pending. Most are in the district courts.

Star Housing Finance was incorporated on 21 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

Star Housing Finance has 33 deals on record (26 market trades, 3 funding rounds, 3 debt financings), with disclosed funding of ₹83.26 Cr; the latest was in August 2026.

The peers of Star Housing Finance by revenue are Virtuous Finance Private Limited, Vasi Gateways Private Limited, Intensive Finance Private Limited, Optimus Finance Limited, Plum Benefits Insurance Brokers Private Limited and 2 more, all in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities).