Annapurna Finance Pvt Ltd

Annapurna Finance Pvt Ltd

Next 500 2024
OVERVIEW
FINANCIALS

About

Annapurna Finance Private Limited (AFPL) is among India’s top non-banking financial company-micro financial institutions (NBFC-MFI). Its operations began as the microfinance arm of an NGO called People’s Forum under the name of Mission Annapurna in 2005. Later, AFPL was formally established in 2009 to address the financial needs of the poor women in interior, underserved parts of Odisha by going door-to-door. It officially registered with the Reserve Bank of India in 2013 to form a more streamlined enterprise. The company aims to alleviate poverty by providing financial and technical support to the underserved and unserved population, allowing them to enhance their incomes and standard of living by initiating or expanding small businesses. Its products include loans for emergencies, housing, MSME businesses, dairy development, rooftop solar panel installations, consumer durables, home improvement, street vendors, and historically marginalised communities.

Incorporation Year: 1986
Headquarters: Bhubaneswar
Top Management: Gobinda Chandra Pattanaik
Industry: BFSI

Featured In Fortune India Ranking

Next 500 India
#364(2024)
#364(2024)

Financial Data 2024

Revenue
2,075
(INR Cr)
Net Operating Income
2,060
(INR Cr)
Assets
8,603
(INR Cr)
Profit
233
(INR Cr)
Net Worth
1,655
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018
Revenue
(INR Cr)
2075
32.2%
1570
36.2%
1153
18.0%
977
25.3%
780
50.5%
518
51.9%
341
-
Net Operating Income
(INR Cr)
2060
32.21%
1558
35.80%
1147
0.00%
973
25.38%
776
50.65%
515
55.88%
331
0.00%
Profit
(INR Cr)
233
606.9%
33
91.5%
17
844.5%
2
-97.8%
83
32.6%
63
554.5%
10
-
Assets
(INR Cr)
8603
4.2%
8256
17.9%
7006
24.1%
5647
20.8%
4676
38.9%
3367
183.2%
1189
-
Net Worth
(INR Cr)
1655
37.4%
1205
52.4%
790
0.0%
760
-0.4%
763
23.9%
615
153.7%
243
0.0%
Employee Cost
(INR Cr)
496
27.0%
391
35.6%
288
39.8%
206
16.2%
177
37.8%
129
67.4%
77
-
Interest Cost
(INR Cr)
802665564511377227173
Cash & Bank Balance
(INR Cr)
7471603190516831118664305
Total Debt
(INR Cr)
694567865710465639072747918

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018
Profit As % Of Revenues 11.2%2.1%1.5%0.2%10.6%12.1%2.8%
Profit As % Of Assets 2.7%0.4%0.3%0.0%1.8%1.9%0.8%
Profit As % Of Networth 14.1%2.7%2.2%0.2%10.9%10.2%3.9%
Interest Cost to EBITDA % -------
Debt to Equity Ratio -------
RONW 16.3%3.3%2.2%0.2%12.0%14.6%3.9%
ROCE 13.2%9.3%8.4%9.9%11.9%14.1%15.7%