Boston Leasing & Finance Ltd

Key Stats

₹3.3
Day's Price Range
₹3.3
₹2.71
52-Week Price Range
₹3.93
1 Year Return-7.57 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 404
EPS
Rank 420
BVPS
Rank 469
Dividend Yield
Rank 113
ROE
Rank 626
0.42%
Price To Book Ratio
Rank 313
Debt To Asset
Rank 450

Company Information

Boston Leasing Finance Ltd was incorporated on 3 December 1984. The Company provides leasing and advisory services in areas of finance and investment. Leasing is a powerful product to provide Small and Medium Enterprises SMEs with much needed termfinancing to invest in productive and logistic equipment. The company enables SMEs to leverage an initial cash deposit with the inherent value of the asset being purchased acting as collateral. It isparticularly effective in emerging economies where SMEs provide strong growth and employment opportunities but lack access to term financing due to a limited development of capital markets and banking sector. Leasing is a form of access to finance and is a contract between two parties where one party the Lessor provides an asset for use to another party the lessee for specific period of time in return for specified payments. Leasing is based on the proposition that income is earned through the use of assets rather than from their ownership focusing on the lessees ability to generate cash flow from business operations to service the lease payment.
OrganisationBoston Leasing & Finance Ltd
HeadquartersAhmedabad
IndustryFinance