A. K. Capital Finance Limited
Formerly known as Girdhar Vanijya Private Limited, AKCFL was acquired by AKCSL in September 2008 and holds 98.73% of equity as on March 31, 2024. A subsidiary of AKCSL (rated ‘CARE A1+’), AKCFL is non-deposit-taking systematically important NBFC (NBF...
Key Metrics
EPS
27.35
Current ratio
0.17
Debt/Equity
2.70
Debt/EBITDA
23.85
Interest coverage ratio
-
Operating Cashflow to total debt
0.13
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Track record of the group in debt market and promoter experience
Comfortable capitalisation levels with moderate gearing levels
Healthy asset quality
Diversified resource profile
Liquidity: Adequate
Cons
Volatility in revenue and profitability
High exposure to corporate segments with relatively higher borrower concentration
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
About A. K. Capital Finance Limited bond.
This comprehensive profile covers key factual information about A. K. Capital Finance Limited. Formerly known as Girdhar Vanijya Private Limited, AKCFL was acquired by AKCSL in September 2008 and holds 98.73% of equity as on March 31, 2024. A subsidiary of AKCSL (rated ‘CARE A1+’), AKCFL is non-deposit-taking systematically important NBFC (NBFC‐ND‐SI) registered with RBI, operating in onward lending, having a sector agnostic approach, and operations in the debt market. The company is the flagship NBFC of the group and offers customised debt solutions to eligible borrowers having good repute and proven track record in the industry. AKCFL has a niche business model since the company’s lending book is a mix of loans and advances and other credit instruments. Approximately 93% of the total portfolio is secured as on March 31, 2024 (PY.: 92%) and at least 79% of AUM (PY: 76%) was in the form of marketable credit instruments, which can be down sold/liquidated in the market within a short span of time. AKCFL has a 100% subsidiary, Family Home Finance Private Limited (FHFPL), which is a housing finance company (HFC) registered with National Housing Bank (NHB). The subsidiary has a small portfolio as on March 31, 2024, at ~₹72 crore. The management intends to maximise margins through engaging in partnerships with other HFCs. The management will continue to support its HFC per its business requirements. EPS in Mar-2024 was 27.35. Current ratio in Mar-2024 was 0.17. Debt/Equity in Mar-2024 was 2.70. Debt/EBITDA in Mar-2024 was 23.85. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was 0.13. Total revenue for Mar-2025(E) was ₹375.67. Net income for Mar-2025(E) stood at ₹138.51. Total assets as of Mar-2024 were ₹2,867.43. Operating cash flow for Mar-2024 was ₹266.73. The company’s borrowing relationships include AU Small Finance Bank Limited (₹N/A Cr), Bajaj Finance Limited (₹N/A Cr), Bandhan Bank Limited (₹N/A Cr), Bank of India (₹N/A Cr), Bank of Maharashtra (₹N/A Cr), Capital Small Finance Bank Limited (₹N/A Cr), City Union Bank Limited (₹N/A Cr), CSB Bank Limited (₹N/A Cr), Dhanlaxmi Bank Limited (₹N/A Cr), ESAF Small Finance Bank Limited (₹N/A Cr), Federal Bank (₹N/A Cr), Jana Small Finance Bank Limited (₹N/A Cr), Karur Vysya Bank Limited (₹N/A Cr), Proposed (₹N/A Cr), Small Industries Development Bank of India (₹N/A Cr), South Indian Bank Limited (₹N/A Cr), Suryoday Small Finance Bank Limited (₹N/A Cr), Ujjivan Small Finance Bank Limited (₹N/A Cr). Peers and comparison entities consist of A. K. Capital Finance Limited, 360 One Wam Limited, ICICI Securities Limited, Angel One Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Track record of the group in debt market and promoter experience ; Comfortable capitalisation levels with moderate gearing levels ; Healthy asset quality ; Diversified resource profile; Liquidity: Adequate. Key risks include: Volatility in revenue and profitability; High exposure to corporate segments with relatively higher borrower concentration. Leadership team details include A. K. Mittal (Managing Director and CEO of AK Capital Services Ltd), Rajiv Kumar Bakshi (Non-Executive Chairman and Independent Director), Aditi Mittal (Executive Woman Director), Ashish Agarwal (Whole Time Director), Ashish Vyas (Independent Non-Executive Director), Mahesh Bhootra (Chief Financial Officer), Tejas Davda (Company Secretary and Compliance Officer), Vikas Jain (Whole Time Director), Deepak Maheshwari (Non-Executive Independent Director), Vinod Kumar Kathuria (Non-Executive Additional Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.