Finware Research Private Limited
About Finware Research Private Limited
Data last updated:
Finware Research Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 20 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74130DL2011PTC217879.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shubham Mittal and Kedar Singh Rawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 402 Ansal Chamber 1 3 Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.27 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Lakh (net margin 16.1%) and EBITDA of ₹3.94 Lakh (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 402 Ansal Chamber 1 3 Bhikaji Cama Place, New Delhi, Delhi, India – 110066
- IndustryFinancial Services, Financial Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Finware Research Private Limited
The main business activity of Finware Research is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finware Research Private Limited FY 2025 filings available
Finware Research Private Limited reported revenue of ₹18.27 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finware Research Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 1% growth in the latest year. EBITDA rose 61% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Finware Research Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.95 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Finware Research Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Finware Research are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Finware Research Private Limited
Finware Research Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VGSG Art Private Limited | ₹18.32 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Suvarnkamal Multiple Nidhi Limited | ₹18.31 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Pathardi, Maharashtra, India |
| Propconnect Avenue Private Limited | ₹18.3 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| A1 Debt Management Private Limited | ₹18.29 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Bhubaneswar, Odisha, India |
| Aarav Advisory Services Private Limited | ₹18.28 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Finware Research Private Limited this company | ₹18.27 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Finaccit Consultants Private Limited | ₹18.23 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Aurangabad, Maharashtra, India |
| Ashish Finco Pvt Ltd | ₹18.23 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | Kolkata, West Bengal, India |
| V-Oncaps Advisory Private Limited | ₹18.2 Lakh (FY 2025) | •••• | •••• | 82627.0% | •••• | Mumbai, Maharashtra, India |
| Shawmin Consultancy Private Limited | ₹18.2 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Sprinthub Solutions Private Limited | ₹18.19 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Finware Research by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), 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 Finware Research Private Limited
Finware Research Private Limited is audited by KAPIL JAIN for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAPIL JAIN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Finware Research Private Limited
Finware Research has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Mittal | Director | 17 Sep 2012 | 14 Years 0 Months | Current |
| Kedar Singh Rawat Also directs: J.M Universal Tradecom LLP, Pas Auto Source LLP | Director | 17 Sep 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Finware Research Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Finware Research Private Limited
Finware Research Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Finware Research Private Limited
Employment history and EPFO contributions of people linked to Finware Research.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Finware Research Private Limited
Finware Research has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Finware Research Private Limited
Finware Research Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Saurabh Lohiya ceased to be Director on 05 Nov 2012.
Credit Ratings, Litigation & Regulatory Alerts for Finware Research Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Finware Research Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finware Research Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Finware Research Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Finware Research Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finware Research Private Limited
Finware Research is an active private limited company based in New Delhi, Delhi, India. The company works in financial activities, within the financial services industry. It was incorporated on 20 April 2011 (15+ years old) and is registered under CIN U74130DL2011PTC217879.
Finware Research reported revenue of ₹18.27 Lakh for FY 2025 (up 1% YoY).
Finware Research has 2 current directors:
- Shubham Mittal - Director
- Kedar Singh Rawat - Director
Finware Research reported a net profit of ₹2.95 Lakh (net margin 16.1%) and EBITDA of ₹3.94 Lakh (EBITDA margin 21.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finware Research is 38% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Finware Research is U74130DL2011PTC217879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finware Research was incorporated on 20 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Finware Research by revenue are VGSG Art Private Limited, Suvarnkamal Multiple Nidhi Limited, Propconnect Avenue Private Limited, A1 Debt Management Private Limited, Aarav Advisory Services Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Saurabh Lohiya ceased to be Director on 05 Nov 2012. Kedar Singh Rawat was appointed as Director on 17 Sep 2012. Raj Kumari Lohiya ceased to be Additional Director on 17 Sep 2012. Finware Research has 5 board changes on record in total.
The registered office of Finware Research is at A – 402 Ansal Chamber 1 3 Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
Finware Research has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.