G.K. Consultants Limited is a **Reserve Bank of India (RBI)** registered **Non-Banking Financial Company (NBFC)** (Certificate No. **B-14-00143**). Classified as a **Non-Deposit Taking Systemically Important** entity, the company is currently undergoing a strategic transformation from a traditional investment firm into a high-growth, multi-asset secured lending institution. --- ### Strategic Pivot: Bridging the MSME Credit Gap The company is aggressively positioning itself to capture the credit vacuum in India’s micro, small, and medium enterprise (**MSME**) sectors. By leveraging a hybrid model of physical presence and digital delivery, G.K. Consultants aims to grow at a rate **faster than bank credit growth** for the **2024-25** period. **Key Expansion Verticals:** * **Secured Lending:** Transitioning to a multi-asset model including loans against **gold, jewellery, property, shares, and bonds**. * **Asset Financing:** Entering the vehicle finance market covering **two-wheelers, four-wheelers, commercial, and passenger vehicles**. * **Industrial Credit:** Providing specialized credit to industrial enterprises and corporate entities to support the "Make in India" initiative. * **Leasing & Hire-Purchase:** Expanding into equipment leasing and hire-purchase agreements to diversify interest income streams. --- ### Capital Structure & Recent Fundraising To facilitate its expansion, the company has significantly strengthened its balance sheet through aggressive capital raising and structural amendments. | Event | Detail | | :--- | :--- | | **Authorized Capital Increase** | Raised from **₹6 Crore** to **₹12 Crore** (May 2024) | | **Preferential Allotment** | **60,00,000** convertible warrants issued at **₹15.30** per warrant | | **Total Funds Raised** | **₹9,18,00,000** (Completed Feb 2025) | | **Current Paid-up Capital** | **₹11,31,18,000** (1,13,11,800 shares of ₹10 each) | | **Shareholding Form** | **83.634%** dematerialized (**53.934%** NSDL; **29.7%** CDSL) | **Fund Utilization Strategy:** In **June 2025**, the company reallocated **100%** of funds previously earmarked for "General Corporate Purposes" to **Working Capital**. A total of **₹6.5 Crore** has been specifically designated to enhance liquidity, meet rising operational demands, and fund the growing loan book. --- ### Diversified Business Ecosystem While the core focus is NBFC operations, the company maintains a broad corporate mandate allowing for diversified revenue streams across several industrial and service sectors: * **Financial & Consultancy Services:** Acting as financial, management, and legal consultants. This includes **direct/indirect taxation advisory**, **payroll services**, and acting as **Issue House** or **Share Transfer Agents**. * **Industrial Manufacturing:** Production and export of **forgings, fasteners (bolts, nuts, rivets)**, and **ferrous/non-ferrous rolling works**. * **Textiles & Apparel:** Manufacturing and dealing in **ready-made garments**, **hosiery**, and **industrial laundry services**. * **IT & Digital Infrastructure:** Development of **application software**, **payment gateways**, and **e-commerce hosting**. * **Logistics:** Operations in **warehousing**, **ship chartering**, and acting as **forwarding agents**. --- ### Financial Performance Summary The company returned to profitability in **FY 2023-24**, though **FY 2024-25** reflected a period of consolidation and margin pressure as the company restructured its operations. | Metric (₹ in thousands) | FY 2024-25 | FY 2023-24 | FY 2022-23 | | :--- | :--- | :--- | :--- | | **Total Revenue** | **6,155.49** | **10,991.30** | **6,584.20** | | **Profit Before Tax (PBT)** | **368.66** | **1,885.59** | **(2,112.93)** | | **Earnings Per Share (EPS)** | **₹0.05** | **₹0.27** | **(₹0.30)** | | **Debt-Equity Ratio** | **0.02** | **0.11** | **N/A** | | **Current Ratio** | **58.25** | **15.28** | **N/A** | **Revenue Composition (FY 2022-23 Baseline):** * **Interest Income:** **₹4,963.39k** * **Sale of Shares:** **₹1,614.88k** * **Dividend Income:** **₹5.93k** --- ### Governance & Operational Infrastructure The company has overhauled its leadership and internal controls to support its "potentially big NBFC" trajectory. * **Leadership Transition:** **Mrs. Saroj Gupta** (formerly CFO) was appointed **Managing Director** in **May 2025**. **Mr. Pardeep Kumar Misra** joined as **Executive Director** for a 3-year term. * **Board Composition:** A 5-member board featuring **3 Independent Directors** (including **1 Woman Director**). * **Audit Framework:** Internal auditing is handled by **M/s Ayesha Gupta & Co.**, with **M/s G Rishabh & Co.** overseeing secretarial auditing. * **Physical Expansion:** Relocated the registered office to **Punjabi Bagh, Delhi** in **May 2025** to accommodate increased staff and operational scale. --- ### Risk Management & Regulatory Outlook G.K. Consultants operates under a rigorous risk framework managed by a dedicated **Head - Risk**, focusing on credit, market, and fraud risks. **Risk Matrix & Mitigation:** * **Regulatory Risk:** The company monitors frequent **RBI circulars** to ensure compliance, noting the high stakes of non-compliance seen in the broader industry (e.g., PayTM/Kotak). * **Concentration Risk:** Managed by strictly monitoring **single-borrower** and **industry-sector limits**. * **Interest Rate Risk:** Management identifies the **rising interest rate regime** as a primary challenge for incremental borrowing costs. * **Liquidity Risk:** Mitigated by a very low **Debt-Equity ratio (0.02)** and maintaining a **Contingent Reserve on Standard Assets** as per RBI mandates. * **Cybersecurity:** Ongoing investment in digital infrastructure to prevent data breaches and fraud in an increasingly online lending environment.