Key Metrics of Berar Finance Limited
About Berar Finance Limited
Sectors
Company details
Operational Areas of Berar Finance Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 22 Oct 2026 | ICRA | Confirmed | AA(SO) | — | — | ₹50.0 Cr | View |
| 01 Oct 2026 | ICRA | Assigned | AA-(SO) | — | — | ₹43.3 Cr | View |
Credit strengths (ICRA, Oct 2026)
+ Granular pool supported by presence of credit enhancement
The current pool is granular and basis the eligibility criteria during the replenishment period, the follow -on pools are also expected to be granular, thereby reducing the exposure to any single borrower.
+ No overdue contracts in the pool
The pool has been filtered in such a manner that there are no overdue contracts as on the cut-off date.
+ Servicing capability of BFL
BFL has adequate processes for servicing of the loan accounts in the securitised pool.
Credit challenges
− Risks associated with lending business
The performance of the pool would remain exposed to macro-economic shocks, business disruptions and natural calamities that may impact the income-generating capability of the borrowers and their ability to make timely repayments of their loans.
Could lead to an upgrade
Since the principal amortisation would begin on crystallization of final pool, the rating is unlikely to be upgraded till the final pool is crystalized. The rating could be upgraded basis healthy collections observed in final crystalized pool leading to buildup of credit enhancement cover over the rated PTCs.
Could lead to a downgrade
The rating could be downgraded on occurrence of trigger events, non-adherence to the key transaction terms and deterioration in performance of follow-on pools such that delinquencies during the amortisation period are higher-than-expected. Weakening the credit profile of the servicer (Berar) could also exert pressure on the rating.
Agency-reported financials (ICRA, 22 Oct 2026)
| Metric | FY2025 | FY2026 | Q1FY2027 |
|---|---|---|---|
| Total income | ₹295 Cr | ₹358 Cr | ₹107 Cr |
| Profit after tax | ₹32.00 Cr | ₹36.00 Cr | ₹14.00 Cr |
| Total Managed Assets | ₹1,625 Cr | ₹2,079 Cr | ₹2,162 Cr |
| Gross Stage | 4.4% | 3.7% | 3.7% |
| CRAR | 22.3% | 25.1% | 23.7% |
| Revenue growth (YoY) | — | 21.4% | — |
| PAT margin | 10.8% | 10.1% | 13.1% |
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Series A1a PTCs | Securitisation (PTCs) | ₹25.0 Cr | ₹25.0 Cr | 0.0% | AA(SO) | Other | ICRA |
| Polaris Trust Series A1b PTCs | Securitisation (PTCs) | ₹25.0 Cr | ₹25.0 Cr | 0.0% | A-(SO) | Confirmed | ICRA |
Credit assessment · Banks, NBFCs & HFCs
Financial Ratios – Financial Sector (Feb 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | AA(SO) · Structured obligation (internal) (ICRA, Oct 2026) |
| Next action stable or better (model) | 82% |
| Information on file | 33% · missing: Annual results history (3+ years), Liquidity position, Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 82% chance the next rating action is stable or better
- Current rating AA(SO) (investment grade)
Rated limits by facility
Timeline
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Berar Finance Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Bajaj Finserv |
Fintech, Broking & Market Infrastructure · Banking & Financial Services | bajajfinserv.in | 2007 | Pune, India |
 Power Finance Corporation |
Fintech, Broking & Market Infrastructure · Banking & Financial Services | pfc.gov.in | 1986 | New Delhi, India |
| Bajaj Finance |
Fintech, Broking & Market Infrastructure · Banking & Financial Services | bajajfinserv.in | — | Pune, India |
 REC Limited |
Maharatna & Navratna PSUs · Public Sector (PSU) & Government | recindia.nic.in | 1997 | New Delhi, India |
 SHRI RAM FINANCE CORPORATION PRIVATE LIMITED |
NBFC, Lending & Housing Finance · Finance | shriramfinance.in | — | Raipur, Chhattisgarh, India |
 ADITYA BIRLA CAPITAL LIMITED |
General Insurance · Insurance | adityabirlacapital.com | — | Gujarat, India |
| CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED | · Finance | — | — | Chennai, Tamil Nadu, India |
 Muthoot Finance |
Fintech, Broking & Market Infrastructure · Banking & Financial Services | muthootfinance.com | — | Ernakulam, India |
| NBFC, Lending & Housing Finance · Banking & Financial Services | irfc.co.in | — | Delhi, India | |
| ABANS FINANCIAL SERVICES LIMITED | Fintech, Broking & Market Infrastructure · Banking & Financial Services | — | — | Mumbai, Maharashtra, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.