Mintifi - UnlistedMart

Mintifi

₹0.00

0.00% 13 Nov 4:01 p.m.

Listing Status:

mintifi.com

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Key Metrics of Mintifi

Market Cap
Total Equity Funding ₹2,185 Cr in 6 rounds
Latest Funding Round ₹844 Cr, Series E Nov 15, 2024
Post Money Valuation ₹7,208 Cr as on Dec 10, 2024
Annual Revenue ₹569 Cr
▲ 42% YoYas on Mar 31, 2025
EBITDA ₹288 Cr
▲ 53% YoYas on Mar 31, 2025
EBITDA Margin 50.58%
▲ 8% YoYas on Mar 31, 2025
Net Profit ₹142 Cr
▲ 53% YoYas on Mar 31, 2025
Net Profit Margin 24.91%
▲ 8% YoYas on Mar 31, 2025

About the Company

Provider of supply chain financing solutions for small and medium enterprises. It offers inventory financing and invoice payment solutions. The...

Price on BSE Volume

Funding Rounds

Total Rounds: 6 Mintifi

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Nov 15, 2024	Series E	₹844 Cr	₹513 Cr	Inst: Prosus, Ontario Teachers' Pension Plan, Premji Invest
2.	Mar 8, 2023	Series D	₹902 Cr	₹227 Cr	Inst: Elevation Capital, IFC, Premji Invest, Norwest Facil: Avendus
3.	Feb 8, 2022	Series C	₹300 Cr	₹56 Cr	Inst: Elevation Capital, Norwest Facil: Avendus, Shardul Amarchand Mangaldas
4.	Mar 18, 2021	Series B	₹44 Cr	₹23 Cr	Inst: Growth Catalyst Partners, IFC
5.	May 9, 2019	Series A	₹82 Cr	₹4.8 Cr	Inst: IFC, Lok Capital
6.	Sep 29, 2017	Seed	₹13 Cr	-	Inst: Lok Capital

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 24-25

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

Detailed Income Statement

FY 24-25 (in Cr)

568.7

544.2

Other income

24.5

386.4

Cost of materials consumed

Purchases of stock-in-trade

77.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.4)

Employee benefit expense

100.9

Finance costs

95.2

10.2

103.0

Consumption of stores and spare parts

Power and fuel

8.6

Rent

Repairs to building

Repairs to machinery

Insurance

0.1

7.2

Information technology expenses

2.5

Training recruitment expenses

7.0

Directors sitting fees

Advertising promotional expenses

Impairment loss on non financial assets

54.7

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.2

Miscellaneous expenses

19.2

CSR expenditure

1.2

Telephone postage

2.3

Total profit before exceptional items, extraordinary items and tax

182.3

Total profit before tax

182.3

40.6

Total profit (loss) for period from continuing operations

141.7

Total profit (loss) for period

141.7

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 24-25 (in Cr)

3,397.7

2,181.6

1,216.1

120.2

1,096.0

3,397.7

249.9

26.0

212.5

Deferred tax assets (net)

11.4

Other non-current assets

3,147.8

Detailed Cash Flow Statement	FY 24-25 (in Cr)
Net cash from / (used in) operating activities	(806.1)
Net cash from / (used in) investing activities	59.0
Net cash from / (used) in financing activities	745.8
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(1.3)
Net increase / (decrease) in cash and cash equivalents	(1.3)
Cash and cash equivalents at the beginning of the year	198.2
Cash and cash equivalents at the end of the year	196.8

Detailed Income Statement

FY 23-24 (in Cr)

401.5

383.7

Other income

17.8

276.7

Cost of materials consumed

Purchases of stock-in-trade

70.9

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.6)

Employee benefit expense

66.4

Finance costs

54.5

8.2

77.3

Consumption of stores and spare parts

Power and fuel

6.1

Rent

Repairs to building

Repairs to machinery

Insurance

0.1

6.2

Information technology expenses

2.2

Training recruitment expenses

5.4

Directors sitting fees

Advertising promotional expenses

Impairment loss on non financial assets

45.6

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.2

Miscellaneous expenses

9.4

CSR expenditure

0.2

Telephone postage

1.7

Total profit before exceptional items, extraordinary items and tax

124.8

Total profit before tax

124.8

32.3

Total profit (loss) for period from continuing operations

92.5

Total profit (loss) for period

92.5

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 23-24 (in Cr)

2,424.5

1,240.1

1,184.4

227.6

956.8

2,424.5

81.5

16.3

57.8

Deferred tax assets (net)

7.4

Other non-current assets

2,343.0

Detailed Cash Flow Statement	FY 23-24 (in Cr)
Net cash from / (used in) operating activities	(687.5)
Net cash from / (used in) investing activities	18.8
Net cash from / (used) in financing activities	449.5
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(219.2)
Net increase / (decrease) in cash and cash equivalents	(219.2)
Cash and cash equivalents at the beginning of the year	417.4
Cash and cash equivalents at the end of the year	198.2

Detailed Income Statement

FY 22-23 (in Cr)

227.0

223.2

Other income

3.8

192.4

Cost of materials consumed

Purchases of stock-in-trade

72.7

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(2.7)

Employee benefit expense

40.6

Finance costs

34.6

6.1

41.1

Consumption of stores and spare parts

Power and fuel

3.9

Rent

Repairs to building

Repairs to machinery

Insurance

0.1

3.2

Information technology expenses

1.5

Training recruitment expenses

3.9

Directors sitting fees

Advertising promotional expenses

0.0

Impairment loss on non financial assets

21.0

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.1

Miscellaneous expenses

6.0

CSR expenditure

Telephone postage

1.3

Total profit before exceptional items, extraordinary items and tax

34.6

Total profit before tax

34.6

9.8

Total profit (loss) for period from continuing operations

24.8

Total profit (loss) for period

24.8

Basic earning per equity share

1.4

Diluted earnings per equity share

1.4

Detailed Balance Sheet

FY 22-23 (in Cr)

1,769.9

1,136.8

633.1

119.0

514.1

1,769.9

39.6

16.0

17.0

Deferred tax assets (net)

6.5

Other non-current assets

1,730.3

Detailed Cash Flow Statement	FY 22-23 (in Cr)
Net cash from / (used in) operating activities	(697.0)
Net cash from / (used in) investing activities	23.0
Net cash from / (used) in financing activities	1,057.3
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	383.3
Net increase / (decrease) in cash and cash equivalents	383.3
Cash and cash equivalents at the beginning of the year	34.1
Cash and cash equivalents at the end of the year	417.4

Detailed Income Statement

FY 21-22 (in Cr)

59.4

56.1

8.2

47.9

Other income

3.3

66.0

Cost of materials consumed

Purchases of stock-in-trade

9.0

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(1.8)

Employee benefit expense

21.9

Finance costs

15.1

4.0

17.7

Consumption of stores and spare parts

Power and fuel

1.2

Rent

Repairs to building

Repairs to machinery

Insurance

1.2

Printing stationery

0.0

Information technology expenses

1.0

Travelling conveyance

0.0

Training recruitment expenses

1.7

Directors sitting fees

Advertising promotional expenses

Impairment loss on non financial assets

10.3

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.1

Miscellaneous expenses

1.7

CSR expenditure

Telephone postage

0.5

Total profit before exceptional items, extraordinary items and tax

(6.6)

Total profit before tax

(6.6)

(5.4)

Total profit (loss) for period from continuing operations

(1.1)

Total profit (loss) for period

(1.1)

Detailed Balance Sheet

FY 21-22 (in Cr)

636.6

416.3

220.3

75.9

144.4

636.6

34.5

7.5

20.3

Deferred tax assets (net)

6.8

Other non-current assets

602.1

Detailed Cash Flow Statement	FY 21-22 (in Cr)
Net cash from / (used in) operating activities	(251.1)
Net cash from / (used in) investing activities	(126.2)
Net cash from / (used) in financing activities	395.0
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	17.7
Net increase / (decrease) in cash and cash equivalents	17.7
Cash and cash equivalents at the beginning of the year	6.6
Cash and cash equivalents at the end of the year	24.3

Detailed Income Statement

FY 20-21 (in Cr)

23.1

21.2

Other income

1.9

36.9

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

17.7

Finance costs

6.8

Total depreciation, depletion and amortisation expense

1.4

10.8

Total profit before prior period items, exceptional items, extraordinary items and tax

(13.8)

Exceptional items before tax

Total profit before extraordinary items and tax

(13.8)

Extraordinary items before tax

Total profit before tax

(13.8)

(0.6)

Total profit (loss) for period from continuing operations

(13.3)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

(13.3)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

(0.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 20-21 (in Cr)

214.0

124.0

90.0

19.5

70.5

214.0

16.4

4.4

9.9

Deferred tax assets (net)

0.6

Other non-current assets

1.6

197.5

Detailed Cash Flow Statement	FY 20-21 (in Cr)

Detailed Income Statement

FY 19-20 (in Cr)

14.9

11.4

Other income

3.4

20.6

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

8.0

Finance costs

2.4

Total depreciation, depletion and amortisation expense

0.4

9.4

Total profit before prior period items, exceptional items, extraordinary items and tax

(5.7)

Exceptional items before tax

Total profit before extraordinary items and tax

(5.7)

Extraordinary items before tax

Total profit before tax

(5.7)

0.0

Total profit (loss) for period from continuing operations

(5.7)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

(5.7)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

(0.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 19-20 (in Cr)

127.7

85.8

41.9

6.5

35.3

127.7

7.8

2.5

5.2

Deferred tax assets (net)

Other non-current assets

0.1

119.9

Detailed Cash Flow Statement	FY 19-20 (in Cr)

Detailed Income Statement

FY 18-19 (in Cr)

2.8

2.1

Other income

0.8

5.9

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

3.6

Finance costs

Total depreciation, depletion and amortisation expense

0.1

2.2

Total profit before prior period items, exceptional items, extraordinary items and tax

(3.0)

Exceptional items before tax

Total profit before extraordinary items and tax

(3.0)

Extraordinary items before tax

Total profit before tax

(3.0)

0.0

Total profit (loss) for period from continuing operations

(3.0)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

(3.0)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

(0.0)

Diluted earnings per equity share

Detailed Balance Sheet

FY 18-19 (in Cr)

12.8

9.3

3.5

2.1

1.4

12.8

1.9

0.2

1.7

Deferred tax assets (net)

0.0

Other non-current assets

0.1

10.9

Detailed Cash Flow Statement	FY 18-19 (in Cr)

Detailed Income Statement

FY 17-18 (in Cr)

0.7

0.5

Other income

0.1

1.7

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.7

Finance costs

Total depreciation, depletion and amortisation expense

0.0

1.0

Total profit before prior period items, exceptional items, extraordinary items and tax

(1.1)

Exceptional items before tax

Total profit before extraordinary items and tax

(1.1)

Extraordinary items before tax

Total profit before tax

(1.1)

0.0

Total profit (loss) for period from continuing operations

(1.1)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(1.1)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

(0.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 17-18 (in Cr)

12.7

12.4

0.3

0.0

0.3

12.7

0.2

0.1

Deferred tax assets (net)

Other non-current assets

12.5

Detailed Cash Flow Statement	FY 17-18 (in Cr)

Detailed Income Statement

FY 16-17 (in Cr)

0.1

Other income

0.1

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.0

Finance costs

Total depreciation, depletion and amortisation expense

0.0

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(0.1)

Exceptional items before tax

Total profit before extraordinary items and tax

(0.1)

Extraordinary items before tax

Total profit before tax

(0.1)

Total profit (loss) for period from continuing operations

(0.1)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(0.1)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

(0.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 16-17 (in Cr)

0.1

(0.1)

0.2

0.1

0.0

Deferred tax assets (net)

Other non-current assets

0.1

Detailed Cash Flow Statement	FY 16-17 (in Cr)

Shareholding Pattern

As of May 27, 2025 • Mintifi

Total Shares 2.73M

Top Shareholders

Shareholder	Category	Shares (Mn)	% Holding
Norwest Capital LLC	Fund	0.56M	20.68%
Anup Agarwal	Founder	0.45M	16.64%
PI Opportunities Fund II	Fund	0.37M	13.48%
International Finance Corporation	Fund	0.33M	12.12%
Elevation Capital VII Limited	Fund	0.31M	11.28%