Edelweiss Financial Services Ltd
About
Edelweiss Financial Services is an Indian financial services conglomerate, focused on offering need-based financial solutions to a diverse clientele. With retail credit, asset management, asset reconstruction, and insurance services, Edelweiss helps clients create, grow, and protect their wealth. It provides home loans, business loans, mutual funds, life insurance, general insurance, and more facilities for personal purposes and small and medium enterprises. Under the leadership of Rashesh Shah, the group saw a consolidated revenue of ₹9,602 cr. in FY24. It was also awarded the Best BFSI (Banking, Financial Services, and Insurance) Brand award at the ET Now Best BFSI Brands, 2024, along with the Golden Peacock Award in 2023 for risk management.
Featured In Fortune India Ranking
Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 9602 9.6% | 8764 19.9% | 7309 -32.6% | 10849 13.0% | 9603 -14.0% | 11165 25.2% | 8921 34.8% | 6619 25.6% | 5268 35.3% | 3894 53.1% | 2543 16.4% | 2184 30.7% | 1671 16.9% | 1429 46.2% | 978 8.6% | 901 - |
| Net Operating Income (INR Cr) | 9523 12.03% | 8500 18.87% | 7151 -33.63% | 10775 12.90% | 9513 -14.12% | 11078 24.77% | 8878 34.43% | 6604 25.66% | 5256 35.21% | 3887 53.32% | 2535 16.34% | 2179 30.76% | 1667 16.92% | 1425 47.10% | 969 8.09% | 896 -17.14% |
| Profit (INR Cr) | 421 22.2% | 344 82.3% | 189 -28.9% | 265 - | -2045 - | 995 15.3% | 863 41.7% | 609 47.0% | 414 26.1% | 329 49.2% | 220 23.4% | 178 39.7% | 128 -45.2% | 233 1.7% | 229 22.9% | 186 - |
| Assets (INR Cr) | 26407 -10.9% | 29638 -2.4% | 30360 -15.9% | 36113 -17.7% | 43864 -20.1% | 54863 -7.1% | 59043 47.6% | 40015 21.6% | 32898 20.0% | 27413 67.4% | 16375 14.4% | 14310 7.3% | 13335 27.6% | 10451 101.6% | 5184 67.6% | 3093 - |
| Net Worth (INR Cr) | 4762 -29.4% | 6744 3.2% | 6537 -0.6% | 6577 7.3% | 6129 -20.2% | 7677 11.5% | 6883 59.0% | 4329 17.8% | 3675 16.3% | 3161 9.4% | 2890 17.6% | 2458 -6.8% | 2636 8.0% | 2440 8.1% | 2257 6.7% | 2115 14.6% |
| Employee Cost (INR Cr) | 1210 13.6% | 1065 0.1% | 1064 -34.1% | 1616 14.8% | 1407 -14.7% | 1650 20.1% | 1374 24.7% | 1102 24.9% | 882 24.5% | 709 54.7% | 458 25.9% | 364 34.2% | 271 15.2% | 235 45.2% | 162 -2.3% | 166 - |
| Interest Cost (INR Cr) | 2787 | 2575 | 2984 | 3834 | 4793 | 4783 | 3876 | 2810 | 2620 | 1832 | 1211 | 1113 | 830 | 533 | 194 | 135 |
| Cash & Bank Balance (INR Cr) | 3331 | 3699 | 3039 | 4760 | 8610 | 6455 | 4562 | 2618 | 1934 | 2365 | 1964 | 3709 | 3275 | 2411 | 1700 | 1695 |
| Total Debt (INR Cr) | 20358 | 21791 | 22768 | 28436 | 36657 | 46148 | 48964 | 33379 | 27773 | 23540 | 12948 | 11534 | 10414 | 7858 | 2714 | 762 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.4% | 3.9% | 2.6% | 2.5% | - | 8.9% | 9.7% | 9.2% | 7.9% | 8.4% | 8.7% | 8.2% | 7.7% | 16.3% | 23.4% | 20.7% |
| Profit As % Of Assets | 1.6% | 1.2% | 0.6% | 0.7% | - | 1.8% | 1.5% | 1.5% | 1.3% | 1.2% | 1.4% | 1.3% | 1.0% | 2.2% | 4.4% | 6.0% |
| Profit As % Of Networth | 8.8% | 5.1% | 2.9% | 4.0% | - | 13.0% | 12.5% | 14.1% | 11.3% | 10.4% | 7.6% | 7.3% | 4.9% | 9.6% | 10.2% | 8.8% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 8.5% | 6.1% | 3.2% | 4.0% | - | 14.4% | 14.9% | 13.5% | 9.6% | 9.9% | 7.1% | 6.2% | 4.8% | 9.8% | 10.2% | 9.0% |
| ROCE | 11.8% | 10.2% | 10.0% | 10.2% | 0.0% | 11.7% | 10.8% | 10.5% | 10.8% | 10.9% | 10.2% | 9.9% | 8.7% | 11.3% | 12.7% | 13.3% |