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PHF Leasing Limited is a leading provider of financial solutions that empower individuals and businesses to achieve their goals.
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PHF Leasing Limited is a leading provider of financial solutions that empower individuals and businesses to achieve their goals.
Incorporated in 1992, PHF Leasing Limited is a Metropolitan Stock Exchange of India listed, deposit accepting NBFC, headquartered in Jallandhar, Punjab. The Company is a category “A” Deposit taking Non-Banking Financial Company registered with Reserve Bank of India since 1998. Till 2020, the business was primarily into the financing of 2 wheelers and used commercial 4 wheelers.
On the 1 st of October 2020, new investors were introduced in the company and started a strong revamping campaign. In the transitioning phase, a strong board was put in place and young business managers were brought in to manage the company. The product portfolio was also diversified to include Mortgage loans against immovable property (LAP) and financing E-vehicles primarily E-rickshaws, E- loaders and EV – 2 wheelers.
PHF Leasing makes available good quality financing options to its borrowers, predominantly located in rural and semi urban areas in Punjab and Delhi NCR, Himachal Pradesh, Rajasthan, Haryana, Uttar Pradesh, Madhya Pradesh, Uttarakhand and Jammu. PHF Leasing is strongly committed to the Country’s vision of Financial Inclusion and is working tirelessly to provide viable financial solutions to the lower segment in the chain. The company is also working on the Mission of “Women Empowerment” and providing MSME loans to women entrepreneurs and mandatorily making Women as Co- borrower in all its financing products.
The changed strategy has proved to be growth oriented. From a gross total AUM(assets under management) of Rs. 10.28 crores as of March 31, 2020, the company closed the books with gross total AUM of above 108 Crore. It is expected to close this fiscal with an AUM of over Rs. 225 Cr. PHF Leasing has also considerably lowered its NPAs. The company enjoys BBB- rating From Crisil. The company has already crossed an Aum of 200 Cr. Till date.
Operating in Nine states & UT, PHF Leasing is operating in 100+ Locations and employs 400+ people.
Chief Executive Officer
I trust this message finds you in the best of health and spirits. I am thrilled to share a momentous milestone in our journey together. Over the past two years, your unwavering support has propelled PHF Leasing Limited to new heights, and I am deeply grateful for your trust.
As the CEO of PHF Leasing Limited, I am excited to reveal a transformation that will elevate your confidence in us even further. Our company has not only crossed the remarkable threshold of 160 Crores but has also achieved a significant milestone that underscores our financial stability - the coveted BBB- Stable credit rating from CRISIL.
We understand that none of this would have been possible without your invaluable partnership. Your confidence in our vision and your continued support has propelled us forward, allowing us to reach new heights and set even loftier goals for the future. Read More...
Mr. Yaduvendra Mathur is an Indian Administrative Service Officer of the 1986 batch. He has also done a first Class Graduate in Economics and an MBA in Finance. Mr. Mathur has worked with Associated Cement Companies in Mumbai between 1982 – 1984 before joining the Indian Revenue Services (Income Tax) in 1984 and then the Indian Administrative Service (IAS) in 1986, topping his batch. Before joining NITI Aayog, he was Chairman and Managing Director of Exim Bank from February 2014 to February, 2017.
In NITI Aayog, he headed numerous policy verticals including infrastructure management and the Knowledge and Innovation Group. He was on the Board of Dedicated Freight Corridor Corporation. After retirement from rank of Secretary to Govt. of India, he was appointed as Regional Co-ordinator in International Solar Alliance. He had long stints in various positions in the Finance Department including Principal Secretary Finance, Government of Rajasthan.
Mr. Mathur was Collector & District Magistrate of Bhilwara and Bharatpur and has also served for over three years as Senior Deputy Director at the Lal Bahadur Shastri National Academy of Administration, Mussoorie. Mr. Mathur has interests in entrepreneurship development, infrastructure financing regulatory issues and in behavioural sciences.
Mr. V.K. Sareen is Ex-Vice-Principal and Head of PG Department at D.A.V. College, Jalandhar. After passing M.Com (with distinction) from University Business School, Punjab University, Chandigarh, he joined D.A.V. College in 1980. As Project Director, conducted various seminars, workshops, delivering uest lectures on varying topics in different colleges, he has co-chaired technical sessions, coordinated panel discussions and has judged inter-college quiz and other competitions.
Mr. V.K Bhandari is a Nominee Director of the Company. He is a fellow member of the Institute of Chartered Accountants of India. He has expertise and rich experience of over 33 years in banking and finance field. During his tenure with Central Bank of India, he held various important positions in Audit, Regional, Zonal, Credit, Credit Monitoring, Merchant Banking, Treasury, International Divisions of the bank. He has been a Nominee Director of the Bank on the Board of following companies/ entities: - Infrastructure Leasing & Financial Services Ltd., (IL&FS) Mumbai - Indo-Zambia Bank Ltd. Lusaka (Zambia) - Cent Bank Home Finance Ltd., Bhopal - Central Bank Executors & Trustees Ltd, Mumbai
Mr. Ashwani Kumar Jindal is an Independent Director. He is a recognized member of the Institute of Chartered Accountants of India. He has an immense knowledgeable experience in Income Tax, GST and Auditing. Worked and dedicated for social cause and organize blood donation camps, Flag Hosting, Plantation and many more. He is Co-opted Member of Internal Audit Standard Board of ICAI for the year 2020-21 and remained co-opted member of Committee of Members in Industry & Business of ICAI for the year 2019-20. Also remained Co-opted member of Board of Studies of ICAI for the years 2016-2019. He remained as Chairman of Jalandhar Branch of NIRC of ICAI for three years in 2006, 2009 and 2013-14. He is Founder member and General Secretary of Chartered Accountants Association. He is also General Secretary of Income Tax & GST Bar Jalandhar.
Specialization: corporate laws, management consultancy and BPR solutions Ms. Aditi Kapur Arora, is a qualified Company Secretary and a Law Graduate. She is also a Six Sigma Black Belt certified. She is also a Senior Associate in Kapur Law Firm, a leading civil law firm of Kapurthala established since 1925 and a Senior Associate in M/s Arora and Associates, a leading multi disciplinary law firm based at Jalandhar. Her expertise includes corporate laws, management consultancy and BPR solutions. She has been handling independently legal matters of the reputed organizations in the region including Consumer Litigation, Arbitration Matters, Revenue Matters etc.
Specialization: Management, Administration, Educational & Social Work MR. Chandan Chugh, the younger son of Mr. Shiv Dyal Chugh and brother of Mr. Rohin Chugh, is Promoter and Non-Executive Director of the Board of the Company since 20/09/2000. He is graduate in Hotel Management. He is the Managing Director of PHF Finance Limited. He is having more than 13 years of experience in the NBFC industry and having wide knowledge of all aspects of NBFC business. He also contributes in the Management of the Company and also involved in the Business Administration and Policy Decisions of the Company. Further, He is actively involved in the Social works and Educational activities and also contributes the Management experience in the Business of the Company.
Mr. Meghal Gupta is an Engineer by profession. He has a wide experience in NBFC and finance sector. He is also the promoter of Hamco Ispat Private Limited, a leading manufacturer and exporter of wide range of industrial tools. He has worked as an Engineer with Happy Forgings Private Limited, GNA Axles Limited and NK Industries Limited. He is a state player of roller skating and judo. He has executed various projects at College Level, namely solar vehicle, hybrid vehicle and power generation through footsteps.
Our goal at PHF Leasing Limited. is to provide access to vehicle loans and home loan, loan against property at insight competitive interest rates. We are here to help you in fulfilling your dreams.
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