Belstar Microfinance Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 54.84 Cr
- Company Age 37 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11,855.50 Cr
- Satisfied Charges ₹ 7,754.46 Cr
- Revenue Growth 42.49%
- Profit Growth 188.78%
- Ebitda 53.53%
- Net Worth 27.62%
- Total Assets 36.55%
About Belstar Microfinance
Belstar Microfinance Limited (BML) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 January 1988 and has a history of 37 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Belstar Microfinance Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 54.84 Cr.
The company currently has active open charges totaling ₹11,855.50 Cr. The company has closed loans amounting to ₹7,754.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Belstar Microfinance Limited India are Murali Lakshmanan as CFO and Sunil Sahu as Company Secretary. George Alexander, George Jacob, Kuttickattu Bijimon, and Eight other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U06599TN1988PLC081652
- Company No.
081652
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jan 1988
- Date of AGM
13 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Belstar Microfinance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kalpanaa Sankar  | Managing Director | 19-May-2010 | Current |
| Murali Lakshmanan | CFO | 04-Feb-2017 | Current |
| Sunil Sahu | Company Secretary | 23-Sep-2015 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vadakkakara George | Director | 18-Aug-2018 | Current |
| George Jacob | Director | 29-Mar-2017 | Current |
| George Alexander | Director | 29-Mar-2017 | Current |
| Kuttickattu Bijimon | Director | 27-Jun-2016 | Current |
| Venkataraman Krishnamoorthy | Director | 23-Sep-2019 | Current |
| Chinnasamy Ganesan | Director | 14-Mar-2020 | Current |
Financial Performance of Belstar Microfinance.
Belstar Microfinance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.49% increase. The company also saw a substantial improvement in profitability, with a 188.78% increase in profit. The company's net worth Soared by an impressive increase of 27.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Belstar Microfinance?
In 2023, Belstar Microfinance had a promoter holding of 13.05% and a public holding of 86.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Xandari Hospitality Services Private LimitedGeorge Jacob is a mutual person
Mmg Credit Marketing Services Private LimitedGeorge Jacob is a mutual person
Mjbr Marketing And Financial Services Private LimitedKuttickattu Bijimon is a mutual person
Muthoot Royalex Forex Services Private LimitedGeorge Alexander and Kuttickattu Bijimon are mutual person
Emgee Muthoot Nidhi LimitedGeorge Jacob is a mutual person
Muthoot Infopark Private LimitedGeorge Alexander is a mutual person
Charges (Loans)
₹11,855.50 Cr
₹7,754.46 Cr
Charges Breakdown by Lending Institutions
- Others : 5663.50 Cr
- State Bank Of India : 1600.00 Cr
- Sidbi : 1050.00 Cr
- Axis Bank Limited : 700.00 Cr
- Yes Bank Limited : 672.00 Cr
- Others : 2170.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Yes Bank Limited | ₹300.00 Cr | Open |
| 30 May 2024 | Others | ₹40.00 Cr | Open |
| 29 May 2024 | Dbs Bank Ltd | ₹300.00 Cr | Open |
| 22 Mar 2024 | Uco Bank | ₹300.00 Cr | Open |
| 19 Mar 2024 | Sidbi | ₹500.00 Cr | Open |
How Many Employees Work at Belstar Microfinance?
Belstar Microfinance has a workforce of 8926 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Belstar Microfinance, 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 Belstar Microfinance's trajectory.
Rating
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
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.
