Brijlaxmi Leasing & Finance Lt

What Brijlaxmi Leasing & Finance Lt does

Brijlaxmi Leasing & Finance Ltd is an Indian non-banking finance company (NBFC) incorporated in 1990, registered with the Reserve Bank of India in 1995, and listed on the Bombay Stock Exchange since 2002. Headquartered in Vadodara, Gujarat with a corporate office in Mumbai, the company offers four core lending products — equipment and asset Leasing (12–84 month tenure, rates from 12% p.a.), Working Capital Term Loans (up to 60 months), unsecured Personal Loans (12–48 months), and Project Loans for capital expenditure. Underlying technology consists of an NBFC lending platform with an online application flow, digital KYC processing, an interactive EMI calculator, and a self-service Customer Portal under development; there is no disclosed AI/ML capability, with credit decisions described as manual and rate-setting based on per-borrower assessment under a Fair Practices Code.

The company makes money primarily through interest income and lease rentals on its loan book, with pricing benchmarked against credit assessment and tenure; revenue is recognised on a monthly billing cadence across lending streams. Distribution is direct via the company website (with online enquiry forms), the Vadodara and Mumbai offices, and a stated partner ecosystem spanning banking partners for co-origination, fintech partners, co-lending partners under the RBI framework, and corporate/institutional partners in pipeline development. Ownership is concentrated within the Chaturvedi family (Chairman Jaykishor Chaturvedi; Managing Director & CFO Siddharth Chaturvedi; Director Ankur Chaturvedi), with no disclosed institutional or PE/VC backing.

Financial signals are weak: FY26 revenue stood at ₹283.56 lakh with net profit of ₹66.17 lakh (down 58.2% year-on-year), total borrowings of ₹2,080.27 lakh, and cash equivalents turning negative — coinciding with a qualified audit opinion citing Ind AS 19 non-compliance and unrecognised interest income. Headcount is in the 11–50 range and the stated customer base is 10K+. The overall profile is that of a small, family-controlled, publicly listed regional NBFC executing a digital and partner-led strategy while facing profitability and liquidity stress.

Name

Brijlaxmi Leasing & Finance Lt

Legal name

Brijlaxmi Leasing & Finance Ltd

Website

https://brijlaxmi.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Brijlaxmi Leasing & Finance Ltd is an RBI-registered, BSE-listed Indian NBFC offering leasing, working capital, personal, and project loans primarily to small businesses and individuals, with operations centred in Gujarat and Mumbai.

Ownership category

akta.pro rank

Headquarters

HQ city

Vadodara

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Others

Revenue model

1. Leasing Business: Asset and equipment leasing solutions generating interest income and lease rentals from businesses acquiring equipment, vehicles, and assets without heavy upfront capital investment. Revenue derived from interest rates starting at 12% p.a. with tenures of 12-84 months.
2. Working Capital Term Loans: Short to medium-term loans for business funding needs, generating interest income on assessed rates with tenures up to 60 months.
3. Personal Loans: Unsecured personal loans for individual financial needs, generating interest income at assessed rates over 12-48 month tenures.
4. Project Loans: Project-specific financing for new projects, expansions and capital expenditure, with structured disbursements and higher loan amounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Brijlaxmi Leasing & Finance Ltd is an RBI-registered, BSE-listed Non-Banking Finance Company that provides lending and leasing solutions to small and medium businesses and individual borrowers across India. Its core offerings are Leasing Business (equipment, vehicle and asset leasing from 12% p.a., tenure 12–84 months), Working Capital Term Loan (tenure up to 60 months), Personal Loan (unsecured, tenure 12–48 months), and Project Loan for new ventures and capital expenditure. The company supports these with digital application processing, KYC verification, and quick 24–48 hour in-principle approval.

Product overview

Brijlaxmi Leasing & Finance Ltd operates as a single unified NBFC platform offering four core loan products: Leasing Business (equipment, vehicle, and asset leasing), Working Capital Term Loan (business funding), Personal Loan (unsecured personal financing), and Project Loan (capital expenditure and expansion funding). The platform is complemented by an EMI Calculator tool for repayment planning and a Customer Portal for account management. The company functions as a traditional NBFC without a modular platform architecture—products are offered independently under a unified brand, sharing common processes for loan origination, KYC verification, and disbursement, but each operates as a distinct financial product line.

Differentiator

Problem solved

Functional benefit

Products and services

• Leasing Business Equipment, vehicle and asset leasing solutions for businesses offering operating and finance leases with tax-efficient structuring, flexible end-of-term options, and asset-backed financing. Rates are provided as customized quotations with tenure options of 12–84 months.
• Working Capital Term Loan Short to medium-term loans to meet day-to-day business funding needs with flexible loan amounts, tenure up to 60 months, minimal collateral options, and fast disbursal. Requires business vintage of 2+ years and ITR for last 2 years.
• Personal Loan
• Project Loan

Quantifiable outcome

• 10K+ customers served
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered developing and core.

• Fintech PartnersdevelopingTechnology or IntegrationCollaborations with fintech companies to build innovative digital lending solutions and seamless API integrations for faster credit delivery. Part of the company's digital transformation strategy.
• Banking PartnerscoreChannel Partner/ Reseller/ DistributorStrategic alliances with banks for co-origination, priority sector lending and expanding financial inclusion across regions. Enables access to lower-cost funding and wider customer reach.
• Co-Lending PartnerscoreStrategic or Co-development PartnerJoint lending arrangements under RBI's co-lending framework to offer competitive rates with shared risk and wider reach. Allows the company to scale lending while managing risk exposure.
• Corporate & Institutional PartnersdevelopingChannel Partner/ Reseller/ DistributorPartnerships with corporates, NBFCs and institutions for bulk lending programs, employee financing and channel distribution. Currently in pipeline development.

Scale indicators9 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• MAS Financial Services: Gujarat-headquartered NBFC providing MSME, two-wheeler, and personal loans. Closely comparable regional, SMB-focused lending model with similar product mix (working capital + personal loans) and overlapping Gujarat customer base.
• Sundaram Finance: Indian NBFC specialising in vehicle and equipment financing with hire-purchase/lease offerings. Closely comparable in leasing focus and SMB customer base, though materially larger and more institutional.

Broad incumbents

• Cholamandalam Investment and Finance: Leading Indian NBFC with strong vehicle/equipment finance and SME lending franchises. Directly comparable business mix (leasing + working capital + personal loans), but operates at much larger scale with deeper branch network and institutional funding access.
• Piramal Capital & Housing Finance: Diversified NBFC with personal/business lending and emerging retail finance focus. Comparable as an RBI-regulated NBFC with personal and SME credit products, operating at much larger institutional scale.
• Shriram Finance: Large Indian NBFC with material exposure to used-vehicle financing, equipment leasing, and small-business loans. Comparable product overlap in equipment/vehicle leasing and working capital, though Brijlaxmi operates at a fraction of the scale.
• Muthoot Finance: Listed Indian NBFC with pan-India branch-led personal and business lending. Comparable as a publicly listed, RBI-regulated NBFC serving individuals and small businesses with personal/working-capital loan products.
• Bajaj Finance: India's largest NBFC offering consumer durable, personal, business, and lease financing across the country. Comparable as a multi-product NBFC serving individuals and SMBs with regulated RBI oversight and public-market listing, though vastly larger in scale and geographic reach.
• Mahindra & Mahindra Financial Services: NBFC focused on rural and semi-urban lending including vehicle/equipment financing and SME loans. Comparable niche-leasing and SMB credit orientation; significantly larger with parent-supported funding access.

Regional players

• AU Small Finance Bank: Former NBFC converted to small finance bank serving retail and SMB borrowers with asset finance, personal loans, and business banking. Comparable target customer segment and SMB-lending orientation in semi-urban India.
• Capital Small Finance Bank: Punjab-based small finance bank serving SMBs with working capital, MSME, and personal loans. Comparable regional, SMB-focused credit model and regulated intermediary status, though operating as a bank rather than NBFC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brijlaxmi Leasing & Finance Lt