- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹60 Cr3,275th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 May 2026
- 0.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- −15.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 10,499
Banas Finance board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chief executiveTANU GIRIRAJAGARWAL
- ChairpersonVIKASH KULHRIYA
- Company Secretary and Compliance OfficerPrajnya naik
6 directors4 independent2 executive
- GIRRAJ KISHORAGRAWALExecutive · joined Jun 2010 · 2 listed boards · 2 committee seats
- TANU GIRIRAJAGARWAL · Chief executiveExecutive · joined Oct 2016 · 2 listed boards
- VIKASH KULHRIYA · ChairpersonIndependent · joined Dec 2020 · reappointed Sep 2021 · 63 months as independent · 2 listed boards · 2 as independent
- ASHISHKACHHARAIndependent · joined Aug 2022 · reappointed Sep 2022 · 43 months as independent · 2 listed boards · 2 as independent
- ANANTCHOURASIAIndependent · joined May 2024 · reappointed Aug 2024 · 23 months as independent · 3 listed boards · 2 as independent · 6 committee seats
- Mayank BoranaIndependent · joined Aug 2025 · reappointed Sep 2025 · 10 months as independent · 2 listed boards · 2 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- CHIRAG GOYAL, left 28 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Jun 20266 of 6 present3 independent
- 27 May 20266 of 6 present3 independent
- 4 May 20266 of 6 present3 independent · 82 days in between
- 10 Feb 20266 of 6 present3 independent
1 earlier meeting
- 3 Feb 20266 of 6 present3 independent
Audit Committee
Chair VIKASH KULHRIYA
ANANTCHOURASIA, GIRRAJ KISHORAGRAWAL
- 27 May 20263 of 3 present2 independent · 105 days in between
- 10 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair ASHISHKACHHARA
VIKASH KULHRIYA, ANANTCHOURASIA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair VIKASH KULHRIYA
GIRRAJ KISHORAGRAWAL, ANANTCHOURASIA
- 10 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair VIKASH KULHRIYA
GIRRAJ KISHORAGRAWAL, ANANTCHOURASIA
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Banas Finance AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Banas Finance share news and announcements
Annual general meeting, 24 Sep 2026
38,219 shareholders on the register on 17 Sep 2026; present: 3 promoters and 85 others; votes counted by JAY BHATT / JAY BHATT & ASSOCIATES.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED FINANCIAL STATEMENTSOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 50.63% · promoters 100.00% · institutions 0.00% · other public 32.76%
- TO APPOINT A DIRECTOR IN PLACE OF MR. GIRRAJ KISHOR AGRAWAL (DIN-00290959), WHO IS RETIRING BY ROTATIONOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 50.63% · promoters 100.00% · institutions 0.00% · other public 32.76%
- APPOINTMENT OF M/S JAY BHATT & ASSOCIATES AS SECRETARIAL AUDITOR OF THE COMPANYOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 50.63% · promoters 100.00% · institutions 0.00% · other public 32.76%
- RE-APPOINTMENT OF MR. VIKASH KULHRIYA (DIN: 09014921) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR THE SECOND TERMSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 50.63% · promoters 100.00% · institutions 0.00% · other public 32.76%
- APPROVAL FOR RELATED PARTY TRANSACTIONSOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 24.05% · promoters 0.00% · institutions 0.00% · other public 32.76%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax authority (Assessment Year: 2013-14)Since 27 May 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2014-15)Since 27 May 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2015-16)Since 27 May 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2016-17)Since 28 May 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2017-18)Since 28 May 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2018-19)Since 27 Jul 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2019-20)Since 27 Jul 2021Order Passed by CIT (A).At the filing before: Matter pending before CIT (A).
- Tax disputeIncome Tax authority (Assessment Year: 2011-12)Since 17 Dec 2018Matter pending before CIT (A).
4 more
- Tax disputeIncome Tax authority (Assessment Year: 2019-20)Since 26 Apr 2024Writ petition filed before High Court.
- Tax disputeIncome Tax authority (Assessment Year: 2011-12)Since 6 Aug 2019Income Tax Appellate Tribunal (ITAT) had passed Order In favour of Banas Finance Limited and Department has filed a case against the ITAT order before Bombay High Court.
- Tax disputeIncome Tax authority (Assessment Year: 2013-14)Since 30 Aug 2019Income Tax Appellate Tribunal (ITAT) had passed Order In favour of Banas Finance Limited and Department has filed a case against the ITAT order before Bombay High Court.
- Tax disputeGoods and Service tax Authority (Assessment Year 2015-16)Since 29 Nov 2023Company has filed an Appeal before Commissioner appeals.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.