Mfour Advisory Private Limited
About Mfour Advisory Private Limited
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Mfour Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fund management segment of the financial services sector. It was incorporated on 04 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1995PTC091384. Its GSTIN is 27AABCS1660E1ZN (Maharashtra).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹59.92 Lakh. It was formerly known as Seema Finance Consultancy Services Private Limited. It is led by directors Rashmi Pullat Daga and Maniklal Panalal Daga.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.32 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 48.8%) and EBITDA of ₹1.64 Cr (EBITDA margin 70.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1601 Floor – 16 Plot – 21 Panchratna, Mama Parmanand Marg Opera House, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Fund Management
- 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 Mfour Advisory Private Limited
The main business activity of Mfour Advisory 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 Mfour Advisory Private Limited FY 2025 filings available
Mfour Advisory Private Limited reported revenue of ₹2.32 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mfour Advisory Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 47% growth in the latest year. EBITDA rose 55% 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 Mfour Advisory 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 | ₹1.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.13 Cr | •••• | •••• | •••• | •••• |
| 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 Mfour Advisory Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48.8% | •••• | •••• | •••• | •••• |
| 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 Mfour Advisory 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.
Board of Directors of Mfour Advisory Private Limited
Mfour Advisory has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Pullat Daga | Director | 21 Aug 2024 | 2 Years 1 Months | Current |
| Maniklal Panalal Daga Also directs: Cartigo Private Limited, Corporate Choice Offset Printers Private Limited, Bikaner Properties Pvt Ltd and 1 more | Director | 21 Aug 2024 | 2 Years 1 Months | Current |
Peer Comparison of Mfour Advisory Private Limited
Mfour Advisory 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 |
|---|---|---|---|---|---|---|
| Johal Investments Limited | ₹2.33 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Profinserv Private Limited | ₹2.33 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Uttarakhand, India |
| Sankheshwar Holding Company Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| New Shriniwas Finance Private Limited | ₹2.32 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Nashik, Maharashtra, India |
| Sahanbhuti Distributors Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Mumbai, Maharashtra, India |
| Mfour Advisory Private Limited this company | ₹2.32 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Tirupati Corporate Services Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Mumbai, Maharashtra, India |
| Raschine Investment and Leasing Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 579.0% | •••• | Mumbai, Maharashtra, India |
| Moneycrop Services Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | Pune, Maharashtra, India |
| Shenoy Investment Services Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Zatco Vyapar Pvt.Ltd. | ₹2.31 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bahadurarh, Haryana, India |
Peers are the five companies nearest above and the five nearest below Mfour Advisory 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 Mfour Advisory Private Limited
Mfour Advisory Private Limited is audited by V. Krishnaswami for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. Krishnaswami | 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.
Ownership and Shareholding of Mfour Advisory 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 Mfour Advisory Private Limited
Mfour Advisory Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mfour Advisory Private Limited
Employment history and EPFO contributions of people linked to Mfour Advisory.
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.
Recent Activity on Mfour Advisory Private Limited
Mfour Advisory Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Maniklal Panalal Daga ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Mfour Advisory 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 Mfour Advisory 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 Mfour Advisory 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 Mfour Advisory Private Limited
Mfour Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS1660E1ZN | Maharashtra | Active | 01 Jul 2017 |
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 Mfour Advisory 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 Mfour Advisory Private Limited
Mfour Advisory is an active private limited company based in Mumbai, Maharashtra, India. The company works in fund management, within the financial services industry. It was incorporated on 04 August 1995 (31+ years old) and is registered under CIN U67190MH1995PTC091384.
Mfour Advisory reported revenue of ₹2.32 Cr for FY 2025 (up 47% YoY).
Mfour Advisory has 2 current directors:
- Rashmi Pullat Daga - Director
- Maniklal Panalal Daga - Director
Mfour Advisory reported a net profit of ₹1.13 Cr (net margin 48.8%) and EBITDA of ₹1.64 Cr (EBITDA margin 70.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mfour Advisory is 22% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mfour Advisory is 27AABCS1660E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mfour Advisory is U67190MH1995PTC091384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mfour Advisory was incorporated on 04 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mfour Advisory by revenue are Johal Investments Limited, Profinserv Private Limited, Sankheshwar Holding Company Limited, New Shriniwas Finance Private Limited, Sahanbhuti Distributors Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Maniklal Panalal Daga ceased to be Additional Director on 29 Sep 2024. Rashmi Pullat Daga ceased to be Additional Director on 29 Sep 2024. Sajjan Daga ceased to be Director on 09 Sep 2024. Mfour Advisory has 7 board changes on record in total.
The registered office of Mfour Advisory is at 1601 Floor – 16 Plot – 21 Panchratna, Mama Parmanand Marg Opera House, Mumbai, Maharashtra, India – 400004.