About Lic Cards Services Limited
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Lic Cards Services Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Lic Of India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100DL2008PLC184790. Its GSTIN is 07AABCL5546L1Z8 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sat Pal Bhanoo and Dinesh Pant.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6th Floor Jeevan Prakash 25 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2026, the company reported a revenue of ₹31.6 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.32 Cr (net margin 23.2%) and EBITDA of ₹9.86 Cr (EBITDA margin 31.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 22% over five years.
The company is associated with 2 brands: LIC Cards and Life Insurance Corporation of India. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website licindia.in.
Company details
Contact details
Lic Cards Services Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address6th Floor Jeevan Prakash 25 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Lic Cards Services Limited, buy the company report.
- 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
Brands
Lic Cards Services operates two associated brands: LIC Cards and Life Insurance Corporation of India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Life insurance and micro insurance services are provided in India. | licindia.in | |
| Provision of credit cards, gift cards, and related financial services in India. | liccards.co.in |
Business activity
The main business activity of Lic Cards Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Lic Cards Services Limited, buy the company report.
Financials of Lic Cards Services Limited
FY 2026 filings availableLic Cards Services Limited reported revenue of ₹31.6 Cr (up 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 2% growth in the latest year. EBITDA rose 32% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.6 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.32 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.2% | ||||
| Net Profit Margin | 23.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Lic Cards Services Limited, buy the company report.
Board of directors of Lic Cards Services Limited
Lic Cards Services has 4 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sat Pal Bhanoo Also directs: Idbi Bank Limited, Mahindra and Mahindra Limited | Director | 07 Aug 2025 | 1 Years 3 Months | Current |
| Dinesh Pant Also directs: Lic Mutual Fund Asset Management Limited | Director | 06 Jun 2025 | 1 Years 5 Months | Current |
| Geeta Prabhakaran Also directs: Simplex Realty Limited | Director | 28 May 2025 | 1 Years 5 Months | Current |
| Richaa Kapoor | Additional Director | 01 Oct 2025 | 1 Years 1 Months | Current |
Auditor
Lic Cards Services Limited is audited by MUKESH RAJ & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH RAJ & CO | FY 2026 | 016693N |
Shareholding
The shareholding of Lic Cards Services Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lic Cards Services Limited, buy the company report.
Legal cases
Lic Cards Services Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Lic Cards Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lic Cards Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lic Cards Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCL5546L1Z8 | Delhi | Active | 01 Jul 2017 |
| 07AABCL5546L1DH | Delhi | Active | 14 Jan 2019 |
To see the full GST registrations and return filing status of Lic Cards Services Limited, buy the company report.
Recent activity
Lic Cards Services Limited has 32 board changes on record since 2010: 4 appointments and 28 cessations. The latest: Richaa Kapoor was appointed as Additional Director on 01 Oct 2025.
23 earlier events are in the company report.
Frequently asked questions
Lic Cards Services is an active public limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 November 2008 (18+ years old) and is registered under CIN U65100DL2008PLC184790.
Lic Cards Services has 4 current directors:
- Sat Pal Bhanoo - Director
- Dinesh Pant - Director
- Geeta Prabhakaran - Director
- Richaa Kapoor - Additional Director
The latest financial statements of Lic Cards Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lic Cards Services is 07AABCL5546L1Z8, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCL5546L1DH (Delhi).
The CIN (Corporate Identification Number) of Lic Cards Services is U65100DL2008PLC184790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lic Cards Services has 1 court case on record: 1 filed against it.
Lic Cards Services was incorporated on 11 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Richaa Kapoor was appointed as Additional Director on 01 Oct 2025. Dinesh Pant ceased to be Additional Director on 21 Sep 2025. Geeta Prabhakaran ceased to be Additional Director on 21 Sep 2025. Lic Cards Services has 32 board changes on record in total.
Lic Cards Services can be reached through the website licindia.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Lic Cards Services is at 6th Floor Jeevan Prakash 25 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
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