Cubical Financial Services Limited - financial services in Delhi, India. FY 2026 financials & compliance.
CIN L65993DL1990PLC040101 Incorporated 11 May 1990 ROC Delhi HQ Delhi, India
Active Listed - BSE: 511710 Public Limited Company financial services
Data last updated
Market Cap
₹80.57 Cr
CUBIFIN · BSE
Share Price
₹5.57
+0.36% today
Revenue
₹1.31 Cr
FY 2025-26 · -45.9% YoY
EBITDA
₹0.32 Cr
Margin 24.4%
Net Profit
₹0.17 Cr
FY 2025-26 · -55.3% YoY
P/E (TTM)
240.8x
P/B 2.3x
ROE
1.1%
ROCE 2.1%
Authorised capital
₹29.51 Cr
Registered with MCA

About Cubical Financial Services Limited

Data last updated:

Cubical Financial Services Limited is a public limited company based in Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 11 May 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L65993DL1990PLC040101. The company has 1 GST registration on record, which is no longer active. Its shares are listed on BSE: 511710.

The company has an authorised share capital of ₹29.51 Cr and a paid-up capital of ₹13.03 Cr. It was formerly known as Cfsl Ltd and Cubical Financial Services Private Limited. It is led by directors including Ashwani Kumar Gupta (Managing Director) and Subhash Kumar Changoiwala.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 456 Aggarwal Metro Heights Netaji Subhash Place Pitampura, Delhi, India – 110034.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1.31 Cr, a decline of 45.9% compared to the previous year. For the same year it recorded a net profit of ₹17 Lakh (net margin 13%) and EBITDA of ₹32 Lakh (EBITDA margin 24.4%). The net worth stands at ₹15.27 Cr (up 1.2% YoY). Total assets are valued at ₹15.27 Cr (up 1.1% YoY).

The company is associated with 2 brands: Cubical90 and Cubical Fi ncial Services. The company has 149 deals on record (149 market trades); the latest was in May 2026. Its 10 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Mcleod Securities Pvt Ltd with revenue of ₹1.09 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cubicalrealtors.com.

Company Details of Cubical Financial Services Limited
CIN L65993DL1990PLC040101
Registration Number 040101
Incorporation Date 11 May 1990
ROC Delhi
Listing Status Listed (BSE: 511710)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    456 Aggarwal Metro Heights Netaji Subhash Place Pitampura, Delhi, India – 110034
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC
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Financials, compliance, directors, charges, ownership and filings for Cubical Financial Services Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Cubical Financial Services Limited

Cubical Financial Services operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LockedFinancial and insurance ServiceLockedOther financial activitiesLocked
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Activity codes and each activity's share of turnover are in the company report.

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Financials of Cubical Financial Services Limited FY 2025-26 filings available

Cubical Financial Services Limited reported revenue of ₹1.31 Cr (down 45.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1.31 Cr
-45.9% YoY
EBITDA
₹0.32 Cr
-52.9% YoY
Profit After Tax
₹0.17 Cr
-55.3% YoY
Net Worth
₹15.27 Cr
+1.2% YoY
Total Assets
₹15.27 Cr
+1.1% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1.312.422.731.162.161.311.06
Revenue growth-45.9%-11.4%+135.3%-46.3%+64.9%+23.6%-
EBITDA0.320.681.29(0.20)0.810.270.38
EBITDA margin+24.4%+28.1%+47.3%-17.2%+37.5%+20.6%+35.9%
Profit before tax0.320.681.29(0.20)0.810.270.41
Net profit0.170.381.16(0.29)0.670.200.29
Net profit margin+13.0%+15.7%+42.5%-25.0%+31.0%+15.3%+27.4%
EPS (₹)0.030.060.18(0.04)0.100.030.04
Balance sheet
Total assets15.2715.1014.7313.5713.8613.1812.98
Net worth15.2715.0914.7213.5713.8513.1812.97
Total debt0.000.000.000.000.000.000.00
Cash & bank1.040.240.190.050.280.140.10
Net working capital1.090.051.161.852.431.100.54
Cash flow
Cash from operations0.800.050.15(0.23)0.140.040.07
Cash from investing0.000.000.000.000.000.000.00
Cash from financing0.000.000.000.000.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.270.270.340.430.270.340.371.46
Revenue growth (YoY)0.0%-20.6%-8.1%-70.6%+8.0%---
Other income0.270.000.000.000.000.000.000.00
Total expenses0.240.130.310.360.190.210.231.12
EBITDA0.030.140.030.070.080.130.140.34
EBITDA margin+11.1%+51.9%+8.8%+16.3%+29.6%+38.2%+37.8%+23.3%
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.300.140.030.070.080.130.140.34
Tax0.070.070.030.030.020.190.030.07

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.270.270.340.430.270.340.371.46
Revenue growth (YoY)0.0%-20.6%-8.1%-70.6%+8.0%---
Other income0.270.000.000.000.000.000.000.00
Total expenses0.240.130.310.360.190.210.231.12
EBITDA0.030.140.030.070.080.130.140.34
EBITDA margin+11.1%+51.9%+8.8%+16.3%+29.6%+38.2%+37.8%+23.3%
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.300.140.030.070.080.130.140.34
Tax0.070.070.030.030.020.190.030.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1.312.422.731.162.161.311.06
Revenue growth-45.9%-11.4%+135.3%-46.3%+64.9%+23.6%-
Other income0.000.000.000.000.000.000.03
Total expenses0.991.741.441.361.351.040.68
Employee cost0.230.140.100.090.090.090.15
EBITDA0.320.681.29(0.20)0.810.270.38
EBITDA margin+24.4%+28.1%+47.3%-17.2%+37.5%+20.6%+35.9%
Depreciation0.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.00
Profit before tax0.320.681.29(0.20)0.810.270.41
Tax0.150.300.130.090.140.070.12
Net profit0.170.381.16(0.29)0.670.200.29
Net profit margin+13.0%+15.7%+42.5%-25.0%+31.0%+15.3%+27.4%
EPS (₹)0.030.060.18(0.04)0.100.030.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.0313.0313.0313.0313.0313.0313.03
Reserves & surplus2.242.061.690.540.820.15(0.06)
Shareholders' funds (net worth)15.2715.0914.7213.5713.8513.1812.97
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities15.2715.1014.7313.5713.8613.1812.98
Assets
Gross block0.110.110.110.110.110.110.11
Net block0.010.010.010.010.010.010.01
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.01
Inventories0.180.141.151.912.301.060.62
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances1.040.240.190.050.280.140.10
Loans & advances0.000.000.000.000.000.000.00
Total current assets1.220.381.341.962.581.200.72
Total current liabilities0.130.330.180.110.150.100.18
Net working capital1.090.051.161.852.431.100.54
Total assets15.2715.1014.7313.5713.8613.1812.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.240.190.050.280.140.100.03
Net cash from operating activities0.800.050.15(0.23)0.140.040.07
Net cash from investing activities0.000.000.000.000.000.000.00
Net cash from financing activities0.000.000.000.000.000.000.00
Net change in cash0.800.050.14(0.23)0.140.040.07
Closing cash1.040.240.190.050.280.140.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-45.9%-11.4%+135.3%-46.3%+64.9%+23.6%-
EBITDA growth-52.9%-47.3%+745.0%-124.7%+200.0%-29.0%-
PBT growth-52.9%-47.3%+9998.0%-+200.0%-34.2%-28.1%
Net income growth-55.3%-67.2%+500.0%-143.3%+235.0%-31.0%-
Revenue CAGR (3Y)+4.1%+3.9%+27.7%+3.1%-16.2%-21.3%-46.6%
EBITDA CAGR (3Y)--5.7%+68.4%-+12.4%+4.0%+96.6%
Profitability & leverage
Net income margin+13.0%+15.7%+42.5%-25.0%+31.0%+15.3%+27.4%
Return on capital employed+2.1%+4.6%+9.1%-1.5%+5.9%+2.0%+3.1%
Return on net worth+1.1%+2.6%+8.2%-2.1%+4.9%+1.5%+2.2%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover11.9122.0024.8210.5519.6411.919.91
Inventory turnover8.193.751.780.551.291.561.93
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)0.030.060.18(0.04)0.100.030.04
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)2.342.322.262.082.132.021.99
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Peer Comparison of Cubical Financial Services Limited

Cubical Financial Services Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cubical Financial Services Limited this company₹1.31 Cr (FY 2026)••••••••-45.9%••••Delhi, India
Mcleod Securities Pvt Ltd₹1.09 Cr (FY 2025)••••••••334.0%••••Kolkata, West Bengal, India
Msmi Loans Private Limited₹1.09 Cr (FY 2025)••••••••24.0%••••Gurgaon, Haryana, India
Pinky Holdings Pvt Ltd₹1.09 Cr (FY 2025)••••••••-95.0%••••Kolkata, West Bengal, India
Mayukh Construction Pvt Ltd.₹1.09 Cr (FY 2025)••••••••-20.0%••••Kolkata, West Bengal, India
GBR Finvest Pvt.Ltd.₹1.09 Cr (FY 2024)••••••••54.0%••••Kolkata, West Bengal, India
Adishakti Mercantile Pvt Ltd₹1.09 Cr (FY 2025)••••••••-21.0%••••Kolkata, West Bengal, India
Navodaya Trimpex Private Limited₹1.09 Cr (FY 2025)••••••••-44.0%••••Kolkata, West Bengal, India
Rajagopal Finance and Leasing Private Limited₹1.09 Cr (FY 2025)••••••••-1.0%••••Madurai, Tamil Nadu, India
Savitri Capital Limited₹1.09 Cr (FY 2025)••••••••-20.0%••••Bathinda, Punjab, India
Pratius Commercials Pvt. Ltd.₹1.09 Cr (FY 2025)••••••••-40.0%••••Kolkata, West Bengal, India

Peers are the five companies nearest above and the five nearest below Cubical Financial Services by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Cubical Financial Services Limited

Cubical Financial Services Limited is audited by Krishan Rakesh & Co for the financial year 2020.

NameStatusAppointment DateCessation Date
Krishan Rakesh & CoLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Cubical Financial Services Limited

Cubical Financial Services has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashwani Kumar GuptaManaging Director01 Oct 200422 Years 0 MonthsCurrent
Subhash Kumar ChangoiwalaDirector12 Jul 20224 Years 2 MonthsCurrent
Ram Gopal DalmiaDirector11 Aug 20251 Years 1 MonthsCurrent
Jyoti ChoudharyDirector28 Jul 20233 Years 2 MonthsCurrent

Shareholding Pattern of Cubical Financial Services Limited

Shareholding for the quarter ended Mar 2026: promoters hold 30.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 69.20%.

Promoters: 30.80%Retail & Others: 69.20%
Mar 2026
QUARTER
30.80% Promoters
69.20% Retail & Others
Promoter holding - history
Now 30.80% · Mar 2026High 30.80% · Jun 2025Low 30.80% · Jun 2025
29%29.8%30.5%31.3%32%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 30.80%Sep 2025: 30.80%Dec 2025: 30.80%Mar 2026: 30.80%30.80%30.80%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters30.80%30.80%30.80%30.80%
Public69.20%69.20%69.20%69.20%

Charges & Borrowings of Cubical Financial Services Limited

Cubical Financial Services Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Cubical Financial Services Limited

Cubical Financial Services Limited has 149 deals on record (149 market trades); the latest was in May 2026.

Total deals
149
Market trades
149

Deals on record (5 of 149)

WhenDealAmountParties
Nov 2021Market trade₹19.2 LakhBuyer: Mansi Share and Stock Broking Private Limited , an individual
Seller: Mansi Share and Stock Broking Private Limited , an individual
Nov 2021Market trade₹17.7 LakhBuyer: Mansi Share and Stock Broking Private Limited
Jun 2021Market trade₹4.1 LakhSeller: Rama Krishna Infrasol Private Limited
Jun 2021Market trade₹13.2 LakhSeller: Rama Krishna Infrasol Private Limited , an individual
Jun 2021Market trade₹8.8 LakhSeller: Rama Krishna Infrasol Private Limited
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Full deal history

All 149 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Cubical Financial Services Limited

Cubical Financial Services operates two associated brands: Cubical90 and Cubical Fi ncial Services. Each brand links to its own profile.

BrandDescriptionWebsite
Engages in investments in stocks and financial markets for short and long term.cubical90.com
Regular investments in stocks, properties, and markets are facilitated.cubicalrealtors.com

Employees and EPFO Compliance at Cubical Financial Services Limited

Employment history and EPFO contributions of people linked to Cubical Financial Services.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Name History of Cubical Financial Services Limited

Cubical Financial Services has undergone 3 name changes throughout its history. The company was previously known as Cfsl Ltd, Cubical Financial Services Private Limited, and Cubical Construction Private Limited. The current legal name is Cubical Financial Services Limited.

Company NameStatus
Cubical Financial Services LimitedCurrent
Cfsl LtdPrevious
Cubical Financial Services Private LimitedPrevious
Cubical Construction Private LimitedPrevious

Recent Activity on Cubical Financial Services Limited

Cubical Financial Services Limited has 25 board changes on record since 2002: 15 appointments and 10 cessations. The latest: Ashish Bhala ceased to be Director on 29 Sep 2025.

AGM
Cubical Financial Services Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Ashish Bhala ceased to be Director.
Appointed
Ram Gopal Dalmia was appointed as Director.
Filing
Cubical Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Jyoti Choudhary was appointed as Director.
Ceased
Manju Goyal ceased to be Director.
Appointed
Subhash Kumar Changoiwala was appointed as Director.
Ceased
Manoj Jain ceased to be Director.
Ceased
Manisha Agrawal ceased to be Company Secretary.
Appointed
Ruchi was appointed as Company Secretary.
Appointed
Manoj Jain was appointed as Director.
Ceased
Nsr Prasad Raju ceased to be Director.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Cubical Financial Services Limited

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MSME Payment Delays by Cubical Financial Services Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Cubical Financial Services Limited

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Corporate group structure

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GST Compliance of Cubical Financial Services Limited

Cubical Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Cubical Financial Services Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Cubical Financial Services Limited

Cubical Financial Services is an active public limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 11 May 1990 (36+ years old) and is registered under CIN L65993DL1990PLC040101. Listed on BSE: 511710.

Cubical Financial Services reported revenue of ₹1.31 Cr for FY 2025-26 (down 45.9% YoY) based on standalone financials.

Cubical Financial Services has 4 current directors:

No. Cubical Financial Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Cubical Financial Services is L65993DL1990PLC040101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Cubical Financial Services is listed on BSE with code 511710.

Cubical Financial Services was incorporated on 11 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.

Cubical Financial Services has 149 deals on record (149 market trades); the latest was in May 2026.

The peers of Cubical Financial Services by revenue are Mcleod Securities Pvt Ltd, Msmi Loans Private Limited, Pinky Holdings Pvt Ltd, Mayukh Construction Pvt Ltd, GBR Finvest Pvt.Ltd. and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).

Ashish Bhala ceased to be Director on 29 Sep 2025. Ram Gopal Dalmia was appointed as Director on 11 Aug 2025. Jyoti Choudhary was appointed as Director on 28 Jul 2023. Cubical Financial Services has 25 board changes on record in total.

Cubical Financial Services can be reached through the website cubicalrealtors.com. Its registered office is in Delhi, India.

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