
Berar Finance Limited
vs. prev. close ₹485
52W High
₹485
52W Low
₹485
Market cap
₹717 Cr
IPO stage
No DRHP filed
CIN
U65929MH1990PLC057829
Price History
52W High
₹485
52W Low
₹485
About Berar Finance Limited
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A) Company Profile & History Founded: 1990 by Mr. M. G. Jawanjar in Maharashtra. Headquarters: Nagpur, Maharashtra. Branch Network: The company has 125 branches comprising 42 in Maharashtra, 22 in Madhya Pradesh, 21 in Chhattisgarh, 17 in Telangana, 8 in Gujarat and 5 in Karnataka as on 31st March 2024. Employees: More than 2,000. Headquartered in Nagpur, Maharashtra, the Company serves around 2,55,000 customers through a strong network of 125 branches across Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Telangana, Karnataka, and Odisha. Geographical expansion, a large customer base, and adoption of digital technology remain the core pillars of growth. As markets evolve and customer expectations rise, the focus will be on differentiated acquisition strategies and deeper engagement throughout the customer lifecycle, with technology as a key enabler. The Company offers a diversified product portfolio, including two-wheeler loans, personal loans, and secured MSME loans. This positions it well for a sustained growth trajectory in FY2025, supported by a strong financial position, low NPAs, healthy growth momentum, a well-provisioned balance sheet, robust capital adequacy, and a strong start to the year. B) Product Portfolio – Loan Products Berar Finance offers a range of secured and unsecured lending products, including: Two-Wheeler Loans Vehicle Refinance Loans Used Car Loans (Four-Wheeler) Personal Loans Demand Loans, Secured MSME Loans & Loans Against Property (LAP) These cater to self-employed professionals, small business owners, and salaried individuals. C) Client Base & Reach Clients Served: Over 2,55,000 customers to date. Target Market: Primarily semi-urban and rural areas of Central and Western India. D) Milestones & Strategic Growth Began as a personal loan provider in Maharashtra. Expanded into a deposit-taking NBFC with a strong two-wheeler financing portfolio. Shifted from a franchise-led approach to a direct branch-based network. In FY 2023-24, dis
Company Details
Industry
NBFC & Lending
Min Lot Size
1
Face Value
₹10.00
Total Shares
14781789
Regulatory Information
Corporate Identity Number (CIN)
U65929MH1990PLC057829
PAN Number
AAACB5861B
ISIN
INE998Y01017
Key Valuation Ratios
Valuation
Market Cap
₹716.92 Cr
P/E Ratio
4.39×
P/S Ratio
2.00×
P/B Ratio
1.44×
EV / EBITDA
1.66×
Returns & Per Share
ROE
32.73%
EPS
₹110.40
Book Value / Share
₹337.34
Solvency
Debt / Equity
—
Interest Coverage
2.10×
Company Fundamentals
As of FY2026 Annual · updated 23 Oct 2026Gross Profit
—
EBITDA
₹332.12 Cr
Revenue Growth
21.42%
Profit Margin
45.62%
Performance Trends
4 annual periods · derived from filed statements
Revenue
₹ Cr
Net Profit
₹ Cr · losses in red
Earnings Per Share
₹ per share
Return on Equity
ROE %
Return on Capital Employed
ROCE %
EBITDA Margin
92.85%
Interest Coverage
2.10×
Financial Statements
| Line item | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| Total Income | ||||
| Revenue from operationsDisclosed | 217.89₹ Crore | 251.36₹ Crore | 294.6₹ Crore | 357.71₹ Crore |
| Other incomeDisclosed | 7₹ Lakh | 45₹ Lakh | 37₹ Lakh | 24₹ Lakh |
| Total IncomeDerived | 425.56₹ Crore | 481.27₹ Crore | 561.81₹ Crore | 682.03₹ Crore |
| Expenses | ||||
| Employee benefits expenseDisclosed | 34.82₹ Crore | 45.51₹ Crore | 55.9₹ Crore | 78.05₹ Crore |
| Finance costsDisclosed | 100.41₹ Crore | 103.86₹ Crore | 130.18₹ Crore | 155.68₹ Crore |
| Depreciation and amortization expenseDisclosed | 3.96₹ Crore | 4.68₹ Crore | 4.96₹ Crore | 5.76₹ Crore |
| Operating expensesDisclosed | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore |
| Other expensesDisclosed | 57.04₹ Crore | 67.81₹ Crore | 61.67₹ Crore | 74.75₹ Crore |
| Total ExpensesDerived | 327.32₹ Crore | 364.79₹ Crore | 414.13₹ Crore | 511.35₹ Crore |
| Profit | ||||
| Exceptional itemsDisclosed | 0₹ Crore | 0₹ Crore | 0₹ Crore | 0₹ Crore |
| Profit before taxDerived | 98.24₹ Crore | 116.48₹ Crore | 147.68₹ Crore | 170.68₹ Crore |
| Tax expenseDisclosed | 4.65₹ Crore | 7.77₹ Crore | 9.96₹ Crore | 7.49₹ Crore |
| Profit After TaxDerived | 93.59₹ Crore | 108.71₹ Crore | 137.72₹ Crore | 163.19₹ Crore |
| Total Income | ||||
| Interest earnedDisclosed | 207.6₹ Crore | 229.46₹ Crore | 266.84₹ Crore | 324.08₹ Crore |
| Expenses | ||||
| Interest expendedDisclosed | 100.41₹ Crore | 103.86₹ Crore | 130.18₹ Crore | 155.68₹ Crore |
| Total Income | ||||
| Net Interest IncomeDerived | 107.19₹ Crore | 125.6₹ Crore | 136.66₹ Crore | 168.4₹ Crore |
| Expenses | ||||
| Provisions and contingenciesDisclosed | 30.68₹ Crore | 39.07₹ Crore | 31.24₹ Crore | 41.43₹ Crore |
| Asset Quality | ||||
| Gross NPADisclosed | 4.7₹ Crore | 2.81₹ Crore | 4.43₹ Crore | 3.72₹ Crore |
| Net NPADisclosed | 3₹ Crore | 2.81₹ Crore | 2.89₹ Crore | 2.32₹ Crore |
Documents Library
Access all financial reports and filings
Annual Report
Quarterly Report
Q3FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Dec 31, 2025 (Q3)
Q3FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Dec 31, 2025 (Q3)
Q3FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Dec 31, 2025 (Q3)
Q3FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Dec 31, 2025 (Q3)
Berar Finance EOGM to Cancel Unsubscribed Shares others EOGM to cancel 77,862 equity shares and 4,098 Series B CCPS that remained unsubscribedin the earlier preferential issue
Berar Finance EOGM to Cancel Unsubscribed Shares others EOGM to cancel 77,862 equity shares and 4,098 Series B CCPS that remained unsubscribedin the earlier preferential issue
Berar Finance EOGM to Cancel Unsubscribed Shares others EOGM to cancel 77,862 equity shares and 4,098 Series B CCPS that remained unsubscribedin the earlier preferential issue
Berar Finance EOGM to Cancel Unsubscribed Shares others EOGM to cancel 77,862 equity shares and 4,098 Series B CCPS that remained unsubscribedin the earlier preferential issue
6MFY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Sep 30, 2025 (Q2)
6MFY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Sep 30, 2025 (Q2)
6MFY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Sep 30, 2025 (Q2)
6MFY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Sep 30, 2025 (Q2)
EGM for Private Placement of Berar others Berar Finance plans to raise funds through a preferential allotment of 21,80,150 EQ and 1,14,745 Series B CCPS at ₹610.05 per share
EGM for Private Placement of Berar others Berar Finance plans to raise funds through a preferential allotment of 21,80,150 EQ and 1,14,745 Series B CCPS at ₹610.05 per share
EGM for Private Placement of Berar others Berar Finance plans to raise funds through a preferential allotment of 21,80,150 EQ and 1,14,745 Series B CCPS at ₹610.05 per share
EGM for Private Placement of Berar others Berar Finance plans to raise funds through a preferential allotment of 21,80,150 EQ and 1,14,745 Series B CCPS at ₹610.05 per share
Q1FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Jun 30, 2025 (Q1)
Q1FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Jun 30, 2025 (Q1)
Q1FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Jun 30, 2025 (Q1)
Q1FY2026 Results of Berar Finance others The consolidated financial results for the quarter ending Jun 30, 2025 (Q1)
Q4FY2025 Results of Berar Finance others The consolidated financial results for the quarter and year ending Mar 31, 2025 (Q4)
Q4FY2025 Results of Berar Finance others The consolidated financial results for the quarter and year ending Mar 31, 2025 (Q4)
Q4FY2025 Results of Berar Finance others The consolidated financial results for the quarter and year ending Mar 31, 2025 (Q4)
Q4FY2025 Results of Berar Finance others The consolidated financial results for the quarter and year ending Mar 31, 2025 (Q4)
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About Berar Finance Limited unlisted shares
Indicative · updated dailyBerar Finance Limited unlisted share price today
Berar Finance Limited unlisted share price today is ₹485 as of 23 October 2026.
Berar Finance Limited — frequently asked questions
- What is the grey market price for Berar Finance Limited?
No IPO is currently announced for Berar Finance Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.
- Has Berar Finance Limited filed for an IPO, and when might it list?
Berar Finance Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.
- How does Berar Finance Limited compare to its listed peers?
There is no closely comparable listed company for Berar Finance Limited in India today.
- Is Berar Finance Limited on the SME or Mainboard IPO track?
Berar Finance Limited has not filed a draft red herring prospectus, so no IPO track is set yet.
- What is Berar Finance Limited's CIN and registered office?
Berar Finance Limited's Corporate Identity Number is U65929MH1990PLC057829.
- What is Berar Finance Limited's market capitalisation?
Berar Finance Limited's market capitalisation is approximately ₹717 crore, based on its current unlisted share price.
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Buying, selling and holding unlisted shares
Applies to every company on Priveq- How do I buy Berar Finance Limited unlisted shares?
Priveq Investech Private Limited is the named counterparty on every transaction. To buy Berar Finance Limited unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, Berar Finance Limited shares are transferred off-market straight to your demat account, with no pooling and no middlemen.
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Submit an Express Sell Interest for Berar Finance Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer Berar Finance Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.
- What is the minimum investment for Berar Finance Limited unlisted shares?
Minimum investment varies by company and is shown as the Min Investment figure on this page. Berar Finance Limited's minimum is ₹485.
- Is there a maximum investment limit?
There's no fixed maximum investment limit for Berar Finance Limited unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.
- Is buying Berar Finance Limited unlisted shares legal in India?
Yes. Buying and selling unlisted shares in India is legal and is subject to relevant SEBI regulations, including the mandatory lock-in period after listing, stamp duty, and depository participant charges on each transaction. Priveq's own KYC process is built to be SEBI-compliant.
- What is the lock-in period for Berar Finance Limited unlisted shares?
Berar Finance Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.
- What happens if Berar Finance Limited's IPO is delayed or withdrawn?
If an IPO is delayed, shares remain unlisted and continue to trade on the desk at Priveq's indicative price, with no lock-in in effect until an actual listing happens. If a company formally withdraws its DRHP, the same applies: shares stay unlisted, with no lock-in period until and unless a fresh IPO process begins.
- How are capital gains on Berar Finance Limited unlisted shares taxed?
If you sell unlisted shares, including Berar Finance Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If Berar Finance Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.
- Can NRIs invest in Berar Finance Limited unlisted shares?
Yes, on a non-repatriable basis. NRIs can invest using funds from an NRO account; sale proceeds stay within India unless repatriated separately under RBI's own limits. Priveq does not currently support repatriable investment (NRE/FCNR-funded), which would require the investee company to file additional RBI paperwork as foreign direct investment.
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- How does Priveq determine the desk price for Berar Finance Limited?
Priveq's desk price reflects several inputs together, not a single formula: the seller's ask price at the time, current demand and supply on the platform for Berar Finance Limited specifically, broader sentiment in the unlisted and pre-IPO market, how Berar Finance Limited's sector and listed peers are trading, the company's own recent financial performance and IPO-stage developments, and recent transaction history where deals have actually closed.
Because unlisted shares trade over the counter rather than on an exchange, this price is indicative, not a continuously live quoted market price, and the actual deal price is confirmed with you directly before a transaction closes.
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