BOARD OF DIRECTORS
Mr. MAROTI GENDARU JAWANJAR(EXECUTIVE CHAIRMAN)
Mr. SANDEEP MAROTRAO JAWANJAL (MANAGING DIRECTOR & PROMOTER DIRECTOR)
Mr.ATUL DILIP SARDA (DIRECTOR)
Mrs. DEEPALI RAVINDRA BALPANDE (DIRECTOR / COMPANY SECRETARY)
Berar Finance Limited is a deposit-taking non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI), specializing in retail financing across central and western India. Backed by a strong legacy of over three decades, the company primarily focuses on two-wheeler (2W) financing—which forms the core of its assets under management (AUM)—while systematically diversifying into pre-owned vehicle loans, secured MSME loans, and personal lending
The company operates across multiple states including Maharashtra, Chhattisgarh, Madhya Pradesh, Telangana, Gujarat, and Karnataka, Berar Finance combines grassroots market presence with modern technology stacks to fast-track credit underwriting and digital onboarding.
Products/Services of Company
- • Two-Wheeler (2W) New & Refinance Loans
- • Used Car / Four-Wheeler Loans
- • Secured Micro, Small and Medium Enterprises (MSME) Loans
- • Loan Against Property (LAP)
- • Personal Loans & Demand Loans
- • Fixed Deposit Schemes
Financial Highlights
- • Total Revenue / Income Reached ₹357.94 Cr in FY2026, marking steady expansion from ₹294.96 Cr in FY2025 and ₹251.81 Cr in FY2024.
- • Grew to ₹36.22 Cr for FY2026, compared to ₹32.29 Cr in FY2025 and ₹22.18 Cr in FY2024, highlighting consistent margin improvements and disciplined credit cost controls.
- • Strengthened significantly to ₹498.65 Cr as of March 31, 2026, up from ₹327.38 Cr in FY2025, driven by continuous capital injections and retained earnings.
- • Maintained a robust Capital Adequacy Ratio (CAR) well above regulatory minimums, maintained a robust capital cushion at 25.09%, comfortably exceeding RBI's regulatory mandates.
- supplemented by strategic equity infusions from major institutional investors like Amicus Capital Partners and Maj Invest.
- • Continuous improvement with Gross Non-Performing Assets (GNPA) dropping to 3.72% and Net Non-Performing Assets (NNPA) improving to 2.32%.
- • Assigned a stable investment-grade rating of CARE BBB+ / CRISIL BBB+ for its credit facilities and secured debt offerings, reflecting a sound financial risk profile.
ANNUAL REPORT
