About
Banas Finance Limited, a non-banking finance company, engages in the finance and share trading activities in India. The company was formerly known as Pioneer Leasing Company Limited and changed its name to Banas Finance Limited in August 1986. Banas Finance Limited was incorporated in 1983 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap64 Cr
P/E2.96
Div Yield0.00 %
Book Value₹15.30
52w High₹9.89
52w Low₹5.01
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.99 | 20.81 | 13.65 | 18.99 | 19.49 | 4.10 | 30.57 | 8.20 | 6.08 | 32.56 | 11.58 | 17.47 | 11.02 |
| Expenses | 0.12 | 10.37 | 16.68 | 9.84 | 10.06 | 8.83 | 31.09 | 18.59 | 13.37 | 19.45 | 17.42 | 4.07 | 4.95 |
| Operating Profit | 2.87 | 10.44 | -3.03 | 9.15 | 9.43 | -4.73 | -0.52 | -10.39 | -7.29 | 13.11 | -5.84 | 13.40 | 6.07 |
| OPM % | 95.99 | 50.17 | -22.20 | 48.18 | 48.38 | -115.37 | -1.70 | -126.71 | -119.90 | 40.26 | -50.43 | 76.70 | 55.08 |
| Other Income | 0.00 | 0.21 | 1.89 | 0.29 | 0.14 | 0.13 | 0.07 | 0.24 | 0.05 | 2.70 | 0.06 | 4.04 | 0.18 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.04 | 0.08 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.03 | 0.00 | 0.02 | 0.02 |
| Profit before tax | 2.87 | 10.61 | -1.22 | 9.44 | 9.56 | -4.62 | -0.45 | -10.15 | -7.25 | 15.78 | -5.78 | 17.42 | 6.23 |
| Tax % | 0.00 | 53.44 | 0.00 | 1.06 | 0.00 | -251.08 | -44.44 | 1.97 | 0.00 | 197.15 | 0.00 | 0.00 | 4.49 |
| Net Profit | 4.97 | 6.81 | -1.14 | 10.99 | 10.63 | 8.51 | 0.67 | -9.53 | -6.57 | -14.40 | -5.24 | 17.72 | 6.50 |
| EPS in Rs | 0.55 | 0.76 | -0.13 | 1.23 | 1.19 | 0.95 | 0.07 | -1.06 | -0.73 | -1.50 | -0.55 | 1.84 | 0.68 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 57.00 | 43.00 | 73.00 | 20.00 | 101.00 | 14.00 | 9.00 |
| Expenses | 47.00 | 81.00 | 40.00 | 120.00 | 9.00 | 5.00 | 7.00 |
| Operating Profit | 10.00 | -37.00 | 33.00 | -100.00 | 91.00 | 10.00 | 2.00 |
| OPM % | 18.00 | -86.00 | 45.00 | -497.00 | 91.00 | 68.00 | 23.00 |
| Other Income | 2.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 12.00 | -37.00 | 34.00 | -100.00 | 92.00 | 10.00 | 2.00 |
| Tax % | 47.00 | -31.00 | 93.00 | -45.00 | 24.00 | -17.00 | 24.00 |
| Net Profit | 11.00 | -20.00 | 4.00 | -54.00 | 69.00 | 12.00 | 1.00 |
| EPS in Rs | 1.26 | -2.18 | 0.46 | -5.58 | 6.88 | 1.16 | 0.27 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 90.00 | 90.00 | 48.00 | 48.00 | 26.00 | 26.00 | 11.00 |
| Reserves | 48.00 | 92.00 | 108.00 | 104.00 | 136.00 | 67.00 | 70.00 |
| Borrowings | 1.00 | 1.00 | 6.00 | 7.00 | 7.00 | 11.00 | 11.00 |
| Other Liabilities | 0.00 | 0.00 | 6.00 | 0.00 | 20.00 | 0.00 | 0.00 |
| Total Liabilities | 138.00 | 183.00 | 167.00 | 159.00 | 189.00 | 104.00 | 92.00 |
| Fixed Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 100.00 | 137.00 | 112.00 | 89.00 | 139.00 | 45.00 | 21.00 |
| Other Assets | 38.00 | 46.00 | 56.00 | 70.00 | 50.00 | 59.00 | 71.00 |
| Total Assets | 138.00 | 183.00 | 167.00 | 159.00 | 189.00 | 104.00 | 92.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 24.00 | 0.00 | -6.00 | -1.00 | 20.00 | 9.00 | 6.00 |
| Cash from Investing Activity | -26.00 | -39.00 | 8.00 | -49.00 | -6.00 | -15.00 | -4.00 |
| Cash from Financing Activity | 0.00 | 36.00 | -1.00 | 44.00 | -4.00 | 0.00 | 0.00 |
| Net Cash Flow | -2.00 | -2.00 | 2.00 | -6.00 | 10.00 | -6.00 | 3.00 |
| Free Cash Flow | 24.00 | 0.00 | -6.00 | -1.00 | 20.00 | 9.00 | 6.00 |
| CFO/OP % | 235.00 | 0.00 | -15.00 | 1.00 | 22.00 | 92.00 | 286.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 22.00 |
| Days Payable | — | — | — | — | — | — | 20.00 |
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 |
| Working Capital Days | 66.00 | 205.00 | 86.00 | 309.00 | 38.00 | 145.00 | -206.00 |
| ROCE % | 8.00 | -22.00 | 21.00 | -61.00 | 67.00 | 10.00 | — |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 26 Apr 2024 | 26 Apr 2024 | — | — | Right Issue of Equity Shares |
| Other | 23 Jun 2022 | 24 Jun 2022 | — | — | Right Issue of Equity Shares |
| Other | 29 Aug 2017 | 30 Aug 2017 | — | — | Consolidation of Shares |
| Split | 12 Sep 2011 | 13 Sep 2011 | 10:1 | — | |
| Other | 14 Sep 2006 | — | — | — | General |
| Other | 15 Sep 2005 | — | — | — | General |
| Other | 16 Sep 2004 | — | — | — | General |