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Gowra Leasing


Gowra Leasing is a 19-year old NBFC providing largely secured lending to the private sector.  It is classified as a ‘loan’ company under RBI regulations and not allowed to accept public deposits for financing.

The company had 12cr in loans and advances as at 30th September, 2011 and net current assets of about 10cr.  It had practically no net debt as at that date to finance its operations. 

The company reported steady growth in income and profits – reporting about 2.5cr of pre-tax profits on income of 3.4cr in the last financial year and took a slight dip on both aspects in the six months to 30th September, 2011.

The business is exposed to general risks of non-performing assets, interest rate hikes, intense competition etc.
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