Asmitha Microfin Limited

Provides microcredit and enterprise development services to women, following Grameen Bank's microcredit model.

2001 | Hyderabad, Telangana (India) | Active
Last Updated:

Asmitha Microfin Profile

Key Indicators

  • Authorised Capital ₹ 1,600.00 Cr
  • Paid Up Capital ₹ 1,137.58 Cr
  • Company Age 24 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,822.46 Cr
  • Satisfied Charges ₹ 1,534.55 Cr
  • Revenue Growth -26.61%
  • Profit Growth 47.93%
  • Ebitda 90.78%
  • Net Worth -1.03%
  • Total Assets -0.15%

About Asmitha Microfin

Asmitha Microfin Limited (AML) is a Public Limited Indian Non-Government Company incorporated in India on 26 February 2001 and has a history of 24 years. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,600.00 Cr and a paid-up capital of Rs 1,137.58 Cr.

The company currently has active open charges totaling ₹2,822.46 Cr. The company has closed loans amounting to ₹1,534.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asmitha Microfin Limited India is Musti Kosgi as CFO. Khagendranath Vadlamudi, Vaishali Vaidya, Jayasurya Rekam, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asmithamicrofin.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923TG2001PLC036283

  • Company No.

    036283

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Asmitha Microfin?

Executive Team (1)

NameDesignationAppointment DateStatus
Musti Kosgi CFO25-Jul-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Khagendranath Vadlamudi Country flag representing In Director 30-Dec-2020Current
Vaishali Vaidya Country flag representing In Director 14-Feb-2008Current
Jayasurya Rekam Country flag representing In Whole-Time Director 14-Jul-2003Current
Janaki Gandham Country flag representing In Additional Director 24-Apr-2024Current

Financial Performance of Asmitha Microfin.

Asmitha Microfin Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.61% decrease. The company also saw a substantial improvement in profitability, with a 47.93% increase in profit. The company's net worth dipped by a decrease of 1.03%.

Asmitha Microfin revenue growth over time
Asmitha Microfin profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-26.61%
Revenue from Operations
21.12%
Total Assets
-0.15%
Profit or Loss
47.93%
Net Worth
-1.03%
EBITDA
90.78%

What is the Ownership and Shareholding Structure of Asmitha Microfin?

In 2023, Asmitha Microfin had a promoter holding of 9.27% and a public holding of 90.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,822.46 Cr

Satisfied Charges

₹1,534.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 1158.21 Cr
  • Hdfc Bank Limited : 272.40 Cr
  • Idbi Trusteeship Services Limited : 270.00 Cr
  • 3I Infotech Trusteeship Services Limited : 250.00 Cr
  • Indian Overseas Bank : 100.00 Cr
  • Others : 771.85 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2014Idbi Trusteeship Services Limited₹270.00 CrOpen
24 Sep 2011Others₹1,158.21 CrOpen
29 Sep 2010Andhra Bank₹50.00 CrOpen
28 Sep 20103I Infotech Trusteeship Services Limited₹150.00 CrOpen
03 Sep 2010Standard Chartered Bank₹25.00 CrOpen

How Many Employees Work at Asmitha Microfin?

Asmitha Microfin has a workforce of 3 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Asmitha Microfin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asmitha Microfin, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asmitha Microfin's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Asmitha Microfin

Recent activity within the organization

  • Director Appointment

    Janaki Rama Rao Gandham was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2024 & has been associated with this company since 10 months 9 days .

  • Annual General Meeting

    Asmitha Microfin Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Asmitha Microfin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge registered on 04 Mar 2008 via Charge ID 10089949 with Maanaveeya Holdings & Investments Private Limited was fully satisfied on 31 Mar 2021.

  • Director Appointment

    Khagendranath Kumar Vadlamudi was appointed as a Director was appointed as a Director on 30 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Musti Kalpana Madhav Kosgi was appointed as a Cfo was appointed as a Cfo on 25 Jul 2019 & has been associated with this company since 5 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Asmitha Microfin Limited?

    Asmitha Microfin Limited was incorporated on 26 Feb 2001.

  • What is authorized share capital and paid-up capital of Asmitha Microfin Limited?

    The authorized share capital of Asmitha Microfin Limited is ₹ 1,600.00 Cr and paid-up capital is ₹ 1,137.58 Cr.

  • Who are the current board members & directors of Asmitha Microfin Limited?

    Currently 5 directors are associated with Asmitha Microfin Limited.

    • Musti Kalpana Madhav Kosgi
    • Khagendranath Kumar Vadlamudi
    • Vaishali Vaidya
    • Jayasurya Rekam
    • Janaki Rama Rao Gandham

  • What is the registered address of Asmitha Microfin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asmitha Microfin Limited is 1-2-58 Plot No 1-3, N Blockhabsiguda Hyderabad India, Andhra Pradesh, Telangana, 500007.

  • What is the corporate identification number (CIN) and company number of Asmitha Microfin Limited?

    The corporate identification number (CIN) of Asmitha Microfin Limited is U65923TG2001PLC036283 and the company number is 036283 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asmitha Microfin Limited?

    The Official website of Asmitha Microfin Limited is https://www.asmithamicrofin.com

  • What has been the recent revenue trend for Asmitha Microfin Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Asmitha Microfin Limited has fallen by -26.61%.

  • How many employees does Asmitha Microfin Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Asmitha Microfin Limited.

  • What change has been observed in the net worth of Asmitha Microfin Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Asmitha Microfin Limited has experienced an downturn of -1.03%.

  • What are the total open charges for Asmitha Microfin Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Asmitha Microfin Limited amount to ₹ 2,822.46 Cr.

  • When was the last Balance Sheet of Asmitha Microfin Limited filed with the ROC?

    The most recent Balance Sheet for Asmitha Microfin Limited was filed with the ROC on 31 Mar 2023.

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