Akme Fintrade (India) Ltd.
AFIL.NS
National Stock Exchange of India9.71
INR
-0.20
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Akme Fintrade (India) Ltd.
AFIL.NS
(National Stock Exchange of India)
Recent
price
9.71
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Akme Fintrade (India) Ltd is a non-banking financial company (NBFC) primarily engaged in rural and semi-urban lending solutions in India. The company offers core products including vehicle financing for two-wheelers, three-wheelers, used cars, and commercial vehicles through loan and hire-purchase contracts; business finance lending to small and medium enterprises (SMEs), micro, small, and medium enterprises (MSMEs), and self-employed professionals; and secured loans tailored for transport operators, traders, manufacturers, and small business owners. It operates across the states of Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat with a network of 28 physical branches and more than 23 digital and physical points of presence, serving over 200,000 customers. Founded in 1996 and headquartered in Udaipur, Rajasthan, the company also maintains a corporate office in Mumbai, Maharashtra. Recent major changes include the approval and issuance of secured listed non-convertible debentures (NCDs) totaling up to ₹60 crore with a 12% coupon and tenor up to 30 months to raise funds for operational expansion, approved by the board in 2025. Akme Fintrade has also undertaken share capital alteration through equity share subdivision to facilitate liquidity and shareholder value. The company continues to maintain a conservative credit assessment approach with robust risk management, focusing on secured lending and high customer retention in underserved rural and semi-urban areas. It has shown consistent operational expansion with the addition of digital presence alongside its traditional offline branch network. Its assets under management exceed ₹523 crore, with borrowings over ₹240 crore, while maintaining a relatively low non-performing asset profile. Akme Fintrade caters to rural and semi-urban customers including transport operators, self-employed individuals, salaried persons, and small business enterprises, delivering retail finance products such as micro-enterprise loans, SME loans, and various vehicle loan products. The company's strategic focus remains on expanding footprint and scaling its lending solutions in underpenetrated markets with high growth potential while balancing operational efficiency and credit quality. It remains a significant NBFC player in India’s non-systematic rural and semi-urban financial services sector.