Sakthi Finance Limited

Provides financial services for commercial vehicles and other machinery in Tamil Nadu and Kerala.

1955 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 12, 2024

Sakthi Finance Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 85.78 Cr
  • Company Age 69 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,073.03 Cr
  • Satisfied Charges ₹ 1,597.95 Cr
  • Revenue Growth 5.84%
  • Profit Growth 31.25%
  • Ebitda 5.18%
  • Net Worth 4.51%
  • Total Assets 2.45%

About Sakthi Finance

Sakthi Finance Limited (SFL) was founded in India on 30 March 1955 and has a glorious history of 69 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511066.

The Corporate was formerly known as The Pollachi Credit Society 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 2023. It's a company limited by shares with an authorized capital of Rs 130.00 Cr and a paid-up capital of Rs 85.78 Cr.

The company currently has active open charges totaling ₹1,073.03 Cr. The company has closed loans amounting to ₹1,597.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sakthi Finance Limited India is Chinnasamy Subramaniam as COMPANY SECRETARY. Kollengode Ramakrishnan, Sundaraswamy Veluswamy, Arumugam Selvakumar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sakthifinance.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65910TZ1955PLC000145

  • Company No.

    000145

  • Stock Symbol

    BSE : 511066

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1955

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Chinnasamy Subramaniam Country flag representing In Company Secretary06-Mar-2023Current
Balasubramaniam Mahalingam Country flag representing In Managing Director21-Aug-1985Current

Board Members (7)

NameDesignationAppointment DateStatus
Priya Bhansali Country flag representing In Director 31-Mar-2015Current
Mahalingam Manickam Country flag representing In Director 11-Dec-1990Current
Kollengode Ramakrishnan Country flag representing In Director 30-May-2015Current
Sundaraswamy Veluswamy Country flag representing In Director 29-May-2019Current
Arumugam Selvakumar Country flag representing In Director 30-Mar-2001Current
Srinivaasan Mahalingam Country flag representing In Director 18-Apr-1994Current

Financial Performance of Sakthi Finance.

Sakthi Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.84% increase. The company also saw a substantial improvement in profitability, with a 31.25% increase in profit. The company's net worth moved up by a moderate rise of 4.51%.

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
5.84%
Revenue from Operations
5.77%
Total Assets
2.45%
Profit or Loss
31.25%
Net Worth
4.51%
EBITDA
5.18%

What is the Ownership and Shareholding Structure of Sakthi Finance?

In 2022, Sakthi Finance had a promoter holding of 0.44% and a public holding of 99.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,073.03 Cr

Satisfied Charges

₹1,597.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 706.99 Cr
  • Idbi Trusteeship Services Limited : 169.11 Cr
  • State Bank Of India : 116.00 Cr
  • Central Bank Of India : 30.00 Cr
  • Indian Overseas Bank : 20.00 Cr
  • Others : 30.93 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2024Others₹4.95 CrOpen
26 Feb 2024Others₹148.10 CrOpen
30 Dec 2023Others₹2.06 CrOpen
30 Dec 2023Others₹15.00 CrOpen
16 Dec 2023Others₹2.80 CrOpen

How Many Employees Work at Sakthi Finance?

Sakthi Finance has a workforce of 531 employees as of Apr 08, 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 Sakthi 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 Sakthi 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 Sakthi Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.95 Cr with Charge ID 100935409 was registered on 07 Jun 2024.

    07 Jun 2024

  • Charges

    A charge registered on 30 Sep 2023 via Charge ID 100815873 with Others was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge registered on 11 Dec 2021 via Charge ID 100524945 with Others was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Charges

    A charge registered on 13 Jan 2021 via Charge ID 100413209 with Others was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Charges

    A charge registered on 11 Dec 2020 via Charge ID 100401189 with Others was fully satisfied on 22 Apr 2024.

    22 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 148.10 Cr with Charge ID 100895021 was registered on 26 Feb 2024.

    26 Feb 2024

Frequently asked questions

  • Sakthi Finance Limited was incorporated on 30 Mar 1955.

  • The authorized share capital of Sakthi Finance Limited is ₹ 130.00 Cr and paid-up capital is ₹ 85.78 Cr.

  • Currently 9 directors are associated with Sakthi Finance Limited.

    • Chinnasamy Subramaniam
    • Kollengode Padmanabhan Ramakrishnan
    • Sundaraswamy Veluswamy
    • Arumugam Selvakumar
    • Balasubramaniam Mahalingam
    • Priya Bhansali
    • Srinivaasan Mahalingam
    • Mahalingam Manickam
    • Gopalkarish Subramaniam Puthucode
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sakthi Finance Limited is 62 Dr Nanjappa Road P B No 3745 India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Sakthi Finance Limited is L65910TZ1955PLC000145 and the company number is 000145 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sakthi Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sakthi Finance Limited is https://www.sakthifinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sakthi Finance Limited has risen by 5.84%.

  • As Per 2023 financial reports, 531 employees are currently employed by Sakthi Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sakthi Finance Limited has experienced an upsurge of 4.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sakthi Finance Limited amount to ₹ 1,073.03 Cr.

  • The most recent Balance Sheet for Sakthi Finance Limited was filed with the ROC on 31 Mar 2023.

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