Navi Finserv Limited
Navi Finserv Limited is a Public company incorporated on 14 February 2012. It is classified as Non-government company and is registered at Registrar of Companies, Bangalore. Its authorized share capital is Rs. 6,000,000,000 and its paid up capital is...
Key Metrics
EPS
16.58
Current ratio
1.91
Debt/Equity
2.20
Debt/EBITDA
7.62
Interest coverage ratio
1.24
Operating Cashflow to total debt
-0.24
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Improvement in scale of operations while maintaining good asset quality
Significant improvement in capitalisation levels of NFL.
Improvement in profitability with ROMA (Profit after-tax (PAT)/ Average total assets [including off book] of above 2.5% on
sustained basis.
Benefits derived from being part of the Navi group along with strong experience of the promoter in the technology
driven business
Growth potential led by the technology-led business model for personal loans
Improving resource profile with increasing share of bank funding
Adequate capitalisation
Liquidity: Adequate
Cons
Increase in the non-performing assets (NPA) level, with Gross Stage 3 (%) of above 4% on a sustained basis.
Debt to equity ratio of above 3.5 times (NFL) on a sustained basis
Limited track record of operations in personal loans & home loans and evolving nature of the personal loan
business
Average asset quality as reflected in higher credit costs
Regulatory risk related to the digital lending space
Inability to refinance debt in a timely manner
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About Navi Finserv Limited bond.
This comprehensive profile covers key factual information about Navi Finserv Limited. Navi Finserv Limited is a Public company incorporated on 14 February 2012. It is classified as Non-government company and is registered at Registrar of Companies, Bangalore. Its authorized share capital is Rs. 6,000,000,000 and its paid up capital is Rs. 2,852,403,530. It's NIC code is 659 (which is part of its CIN). As per the NIC code, it is inolved in Other financial intermediation. [This group includes financial intermediation other than that conducted by monetary institutions.]. Navi Finserv's Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2023. Directors of Navi Finserv are SACHIN BANSAL, THOMAS JOSEPH, ANKIT SURANA, RANGANATHAN SRIDHARAN, ARINDAM HARAPRASAD GHOSH, SACHIN BANSAL and ANKIT AGARWAL. EPS in Mar-2024 was 16.58. Current ratio in Mar-2024 was 1.91. Debt/Equity in Mar-2024 was 2.20. Debt/EBITDA in Mar-2024 was 7.62. Interest coverage ratio in Mar-2024 was 1.24. Operating Cashflow to total debt in Mar-2024 was -0.24. Total revenue for Mar-2025 (E) was ₹257,681.82. Net income for Mar-2025 (E) stood at ₹20,337.16. Total assets as of Mar-2024 were ₹1,011,995.90. Operating cash flow for Mar-2024 was ₹-151904.60. The company’s borrowing relationships include (₹500.00 Cr), (₹9.32 Cr), AU Small Finance Bank Limited (₹18.5 Cr), HDFC Bank Limited (₹100 Cr), Cholamandalam Investment and Finance Company Limited (₹2.87 Cr), SBM Bank (India) Limited (₹30.00 Cr), IndusInd Bank Limited (₹50.00 Cr), Kotak Mahindra Bank Limited (₹33.33 Cr), HDFC Bank Limited (₹133.58 Cr), Kisetsu Saison Finance India Private Limited (₹84.67 Cr), ICICI Bank Limited (₹45.00 Cr), Tata Capital Financial Services Limited (₹50 Cr), IDFC FIRST Bank Limited (₹213.33 Cr), Poonawalla Fincorp Limited (₹95.09 Cr), YES Bank Limited (₹117.77 Cr), MAS Financial Services Limited (₹52.50 Cr), Manappuram Finance Limited (₹33.25 Cr), The Federal Bank Limited (₹16.66 Cr), Ujjivan Small Finance Bank Limited (₹4.17 Cr), Hero FinCorp Limited (₹69.35 Cr), The Hongkong and Shanghai Banking Corporation Limited (₹68.75 Cr), JM Financial Products Limited (₹44.89 Cr), JM Financial Products Limited (₹142.55 Cr), Piramal Enterprises Limited (₹20.83 Cr), Axis Bank Limited (₹94.84 Cr), The Karur Vysya Bank Limited (₹13.64 Cr), Bank of Maharashtra (₹90.91 Cr), Bandhan Bank Limited (₹50.00 Cr), Hinduja Leyland Finance Limited (₹102.10 Cr), Utkarsh Small Finance Bank Limited (₹12.35 Cr), Bank of Maharashtra (₹100.00 Cr), CSB Bank Limited (₹9.33 Cr), The Federal Bank Limited (₹35.42 Cr), Aditya Birla Finance Limited (₹4.42 Cr), Jana Small Finance Bank Limited (₹80.00 Cr), AU Small Finance Bank Limited (₹19.67 Cr), Mahindra and Mahindra Financial Services Limited (₹15.94 Cr), Indian Overseas Bank (₹65.28 Cr), State Bank of India (₹397.21 Cr), Tata Capital Financial Services Limited (₹1.79 Cr), Jana Small Finance Bank Limited (₹15.63 Cr), Canara Bank (₹111.61 Cr), Shriram Housing Finance Limited (₹13.03 Cr), MAS Financial Services Limited (₹20.00 Cr), The Hongkong and Shanghai Banking Corporation Limited (₹5.42 Cr), Bandhan Bank Limited (₹10.00 Cr), IndusInd Bank Limited (₹25.00 Cr), Capsave Finance Private Limited (₹20.00 Cr). Key strengths include: Improvement in scale of operations while maintaining good asset quality; Significant improvement in capitalisation levels of NFL.; Improvement in profitability with ROMA (Profit after-tax (PAT)/ Average total assets [including off book] of above 2.5% on; sustained basis.; Benefits derived from being part of the Navi group along with strong experience of the promoter in the technology; driven business; Growth potential led by the technology-led business model for personal loans; Improving resource profile with increasing share of bank funding; Adequate capitalisation; Liquidity: Adequate. Key risks include: Increase in the non-performing assets (NPA) level, with Gross Stage 3 (%) of above 4% on a sustained basis.; Debt to equity ratio of above 3.5 times (NFL) on a sustained basis; Limited track record of operations in personal loans & home loans and evolving nature of the personal loan; business; Average asset quality as reflected in higher credit costs; Regulatory risk related to the digital lending space ; Inability to refinance debt in a timely manner. Leadership team details include Sachin Bansal ( The Executive Director and CEO of Navi Finserv Limited. He is also a co-founder of Flipkart.), Ankit Agarwal (The Managing Director of Navi Finserv Limited. He was previously a director in global banking and markets at Bank of America.), Usha A Narayanan (An Independent Director of Navi Finserv Limited. She is a member of the Institute of Chartered Accountants of India.), Arindam Haraprasad Ghosh (A Director of Navi Finserv Limited.), Ankit Surana (A Director of Navi Finserv Limited.), Puneet Bhatia (The Company Secretary and Compliance Officer of Navi Finserv Limited.). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.