Akme Fintrade (India) Ltd. – Company Report
1. Company Overview
Akme Fintrade (India) Ltd. (AFIL), established in 1996 and headquartered in Udaipur, Rajasthan, is a publicly listed non-banking financial company (NBFC) registered with the Reserve Bank of India. With nearly three decades of lending history, the company has built a strong presence in rural and semi-urban geographies, offering financial services tailored to the needs and aspirations of underbanked communities. AFIL primarily delivers vehicle finance and business loans, serving individuals and small business owners who often cannot access traditional bank funding. The company operates an expanding branch and sales point network across Rajasthan, Gujarat, Maharashtra, and Madhya Pradesh, allowing deep market penetration in high-growth potential areas.
AFIL is known for its technology-driven lending approach, strong risk management practices, and commitment to operational efficiency. Its platform, Aasaan Loans, exemplifies the company's digital transformation and focus on streamlined, customer-centric processes.
Key Highlights:
- Incorporated: 1996
- Headquarters: Udaipur, Rajasthan, India
- Certification: RBI registered NBFC, listed on BSE and NSE
- Core Focus: Vehicle finance, business loans, MSME finance
- Key Sectors Served: Rural and semi-urban customers, small business owners, vehicle buyers
- Network: Branches and sales points across Rajasthan, Maharashtra, Gujarat, Madhya Pradesh
- Market Capitalization (July 2025): Information varies; recent activity suggests active trading
2. Products and Services
Akme Fintrade provides a broad portfolio of loan products through a technology-enabled platform that addresses the needs of customers beyond the reach of mainstream financiers.
Product Categories
- Vehicle loans: Two-wheeler and four-wheeler loans, both new and used
- MSME business loans: Working capital loans and term finance for small businesses
- Mortgage loans and LAP (Loan Against Property): For small entrepreneurs
- Digital small-ticket lending via Aasaan Loans: For rapid credit access
Business Model & Technology
- Fully digital onboarding, loan sanction, and monitoring for fast and efficient service
- Proprietary platform (Aasaan Loans) powers automated risk assessment and loan lifecycle management
- Partnership-driven approach, including strategic co-lending models with larger NBFCs
End-Use Applications
- Financing of vehicles for self-employment and micro-entrepreneurs
- Funding for inventory, expansion, or business continuity in MSME sector
- Mortgage-backed funding for productivity enhancement in rural and small-town India
Akme Fintrade emphasizes inclusive finance, digital-first processes, and customer trust, ensuring strong acquisition and retention in underserved regions.
3. Recent News & Financial Performance
Recent Developments
Leadership & Expansion News:
- In July 2024, Aasaan Loans (powered by Akme Fintrade) appointed Akash Jain as CEO. Jain, a Chartered Accountant, brings over 20 years of experience across management consultancy, equity/debt fundraising, audits, taxation, and IT system consulting.
- Aasaan Loans inaugurated a new regional office in Ahmedabad and a branch in Bhilwara on July 11, 2024, expanding the company’s reach in Tier 3 and 4 markets and strengthening presence in Gujarat and Rajasthan.
Strategic Partnerships:
- In September 2024, Akme Fintrade entered into a strategic co-lending arrangement with MAS Financial Services to enhance credit access for MSMEs.
- CEO Akash Jain highlighted the significance of this partnership for extending outreach in rural and semi-urban markets, providing critical support to small business owners and improving financial inclusion.
October 3, 2025: Akme Fintrade (India) Limited has announced plans to consider issuing Non-Convertible Debentures (NCDs) worth up to ₹35.00 crore. The company's Board of Directors is scheduled to meet on October 9, 2025, to discuss and potentially approve this significant financial move.
September 30, 2025: MAS Financial Services Limited has sanctioned Term Loan of ₹10 crore to Akme Fintrade (India) Limited.
4. Financial Performance (FY2025)
| Metric | Value |
|---|---|
| Total Revenue | ₹102.72 crore (FY2025) |
| Net Profit | ₹33.23 crore (FY2025), compared to ₹18.53 crore in FY2024 |
| EPS | ₹0.78 (FY2025) |
| Profit Before Tax | ₹42.89 crore (FY2025) |
| Dividend | No equity dividend declared; focus remains on expanding loan book and digital platform |
| Cash Flows | Consistently positive cash flows from operations, with a robust capital structure and virtually debt-free balance sheet |