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May 03, 2015 9:30 PM ET

Consumer Finance

Company Overview of Equitas Holdings Private Limited

Company Overview

Equitas Holdings Private Limited, through its subsidiaries, provides micro finance, used commercial vehicle finance, and housing finance services in India. The company operates through Micro Finance, Other Finance, and Others segments. It is engaged in extending credit to people who are otherwise unable to access finance from the mainstream banking channels. It also provides finance for the purchase of used commercial vehicles; and housing finance for self-employed and salaried segment of low income households, as well as loans against property, mortgage loans, and SME finance. The company was formerly known as Equitas Micro Finance India Private Limited and changed its name to Equitas Holdi...

F39 - Spencer Plaza

4th Floor

Phase II

No. 769 Anna Salai

Chennai,  600002

India

Founded in 2007

Phone:

91 44 4299 5000

Fax:

91 44 4299 5050

Key Executives for Equitas Holdings Private Limited

Founder, Chief Executive Officer, Managing Director, Company Secretary, Executive Director, Member of Resourcing Committee and Member of Business Committee
Age: 51
Group Chief Financial Officer and Chief Operating Officer
Age: 56
Zonal Head - Business and Group President of Operations
Age: 45
Head of Operations
National Business Head
Age: 49
Compensation as of Fiscal Year 2014.

Equitas Holdings Private Limited Key Developments

Equitas Holdings Private Limited Reports Audited Standalone Earnings Results for the Second Half and Full Year Ended March 31, 2015

Equitas Holdings Private Limited reported audited standalone earnings results for the second half and full year ended March 31, 2015. For the second half, the company reported operating profit before provisions & contingencies of INR 570.006 million, profit before tax of INR 373.325 million, net profit of INR 246.718 million on income from operations of INR 1,711.387 million against operating profit before provisions & contingencies of INR 249.527 million, profit before tax of INR 151.206 million, net profit of INR 96.552 million on income from operations of INR 834.197 million reported for the same period a year ago. Total income was INR 1,712.250 against INR 834.791 a year ago. For the year, the company reported operating profit before provisions & contingencies of INR 927.931 million, profit before tax of INR 520.855 million, net profit of INR 342.271 million on income from operations of INR 2,963.552 million against operating profit before provisions & contingencies of INR 371.052 million, profit before tax of INR 244.497 million, net profit of INR 157.943 million on income from operations of INR 1,315.959 million reported for the same period a year ago. Total income was INR 2,964.935 against INR 1,316.835 a year ago.

Equitas Holdings Private Limited, Board Meeting, Apr 30, 2015

Equitas Holdings Private Limited, Board Meeting, Apr 30, 2015. Agenda: To approve audited financial results for the half year and full year ended March 31, 2015.

Equitas Holdings Private Limited Appoints Lalitha Lakshmanan as Additional Director

Equitas Holdings Private Limited appointed Mrs. Lalitha Lakshmanan as Additional Director (Independent) on March 28, 2015.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 28, 2014
--
Private Placement
May 20, 2014
--
 

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