Punjab Kashmir Finance Limited

Regional NBFC providing loans for commercial vehicles, corporate entities, and hire-purchase of equipment.

1958 | Jalandhar, Punjab (India) | Active
Last Updated: October 23, 2024

Punjab Kashmir Finance Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 6.50 Cr
  • Company Age 66 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 66.58 Cr
  • Satisfied Charges ₹ 142.19 Cr
  • Revenue Growth 25.93%
  • Profit Growth 91.18%
  • Ebitda 0.43%
  • Net Worth 5.92%
  • Total Assets -0.63%

About Punjab Kashmir Finance

Punjab Kashmir Finance Limited (PKFL) was founded in India on 13 October 1958 and has a glorious history of 66 years and four months. Its registered office is in Jalandhar, Punjab, India.

The Corporate was formerly known as Punjab Kashmir Finance 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 12.00 Cr and a paid-up capital of Rs 6.50 Cr.

The company currently has active open charges totaling ₹66.58 Cr. The company has closed loans amounting to ₹142.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab Kashmir Finance Limited India are Rajesh Gupta as CFO and Jyotika Mehra as Company Secretary. Anil Kumar, Alok Sondhi, Baljit Singh, and Five other members serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pkffinance.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921PB1958PLC002256

  • Company No.

    002256

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 1958

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Punjab Kashmir Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Alok Sondhi Country flag representing In Managing Director12-Sep-2015Current
Rajesh Gupta CFO15-Jun-2016Current
Jyotika Mehra Company Secretary31-Oct-2017Current

Board Members (7)

NameDesignationAppointment DateStatus
Anil Kumar Country flag representing In Director 29-Jul-1990Current
Baljit Singh Country flag representing In Director 09-Dec-2009Current
Parmod Sharma Country flag representing In Director 30-Jan-2024Current
Vandana Sondhi Country flag representing In Director 19-Jun-2024Current
Anuradha Sondhi Country flag representing In Director 19-Jun-2024Current
Ajay Singh Director 29-Jul-2024Current

Financial Performance of Punjab Kashmir Finance.

Punjab Kashmir Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.93% increase. The company also saw a substantial improvement in profitability, with a 91.18% increase in profit. The company's net worth moved up by a moderate rise of 5.92%.

Graph illustrating revenue growth over time
Graph showing 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
25.93%
Revenue from Operations
16.28%
Total Assets
-0.63%
Profit or Loss
91.18%
Net Worth
5.92%
EBITDA
0.43%

What is the Ownership and Shareholding Structure of Punjab Kashmir Finance?

In 2023, Punjab Kashmir Finance had a promoter holding of 86.72% and a public holding of 13.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.58 Cr

Satisfied Charges

₹142.19 Cr

Charges Breakdown by Lending Institutions

  • Others : 55.89 Cr
  • Punjab National Bank : 10.00 Cr
  • Hdfc Bank Limited : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2024Others₹1.71 CrOpen
24 Jun 2024Others₹1.81 MOpen
24 Apr 2024Others₹1.34 CrOpen
13 Feb 2024Others₹1.97 CrOpen
18 Dec 2023Others₹1.01 CrOpen

How Many Employees Work at Punjab Kashmir Finance?

Punjab Kashmir Finance has a workforce of 78 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Kashmir Finance, 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 Punjab Kashmir Finance'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 Punjab Kashmir Finance

Recent activity within the organization

  • Annual General Meeting

    Punjab Kashmir Finance Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Director Appointment

    Dinesh Kapur was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 5 months 20 days .

    04 Sep 2024

  • Charges

    A charge registered on 06 Oct 2021 via Charge ID 100496057 with Others was fully satisfied on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 1.71 Cr with Charge ID 100980299 was registered on 22 Aug 2024.

    22 Aug 2024

  • Director Appointment

    Ajay Pal Singh was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 6 months 27 days .

    29 Jul 2024

  • Charges

    A charge registered on 28 Jul 2021 via Charge ID 100472784 with Others was fully satisfied on 30 Jun 2024.

    30 Jun 2024

Frequently asked questions

  • Punjab Kashmir Finance Limited was incorporated on 13 Oct 1958.

  • The authorized share capital of Punjab Kashmir Finance Limited is ₹ 12.00 Cr and paid-up capital is ₹ 6.50 Cr.

  • Currently 10 directors are associated with Punjab Kashmir Finance Limited.

    • Anil Kalia Kumar
    • Alok Sondhi
    • Baljit Singh
    • Parmod Kumar Sharma
    • Vandana Sondhi
    • Anuradha Sondhi
    • Ajay Pal Singh
    • Dinesh Kapur
    • Rajesh Gupta
    • Jyotika Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Kashmir Finance Limited is Balbir Tower Naamdev Chowk, G.T Road India, Jalandhar - I, Punjab, 144001.

  • The corporate identification number (CIN) of Punjab Kashmir Finance Limited is U65921PB1958PLC002256 and the company number is 002256 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab Kashmir Finance Limited is https://www.pkffinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Punjab Kashmir Finance Limited has risen by 25.93%.

  • As Per 2023 financial reports, 78 employees are currently employed by Punjab Kashmir Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Punjab Kashmir Finance Limited has experienced an upsurge of 5.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Punjab Kashmir Finance Limited amount to ₹ 66.58 Cr.

  • The most recent Balance Sheet for Punjab Kashmir Finance Limited was filed with the ROC on 31 Mar 2024.

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