Modern Financial Services Ltd.
About Modern Financial Services Ltd.
Data last updated:
Modern Financial Services Ltd. is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 25 February 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L24139WB1983PLC035932. It is a listed company as per MCA records.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.45 Cr. It is led by directors including Amitabha Sarkar (Managing Director) and Probir Kumar Koyal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 53 B Mirza Ghalib Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.29 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹5.56 Lakh (net margin -39%) and EBITDA of -₹5.56 Lakh (EBITDA margin -39%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 310% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Modern Financial Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24139WB1983PLC035932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24139WB1983PLC035932 | Current |
| U24139WB1983PLC035932 | Previous |
| U24139WB1983PTC035932 | Previous |
Contact details
Modern Financial Services Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address53 B Mirza Ghalib Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Modern Financial Services Ltd., 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
Business activity
The main business activity of Modern Financial Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Modern Financial Services Ltd., buy the company report.
Financials of Modern Financial Services Ltd.
FY 2025 filings availableModern Financial Services Ltd. reported revenue of ₹14.29 Lakh (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 310%. EBITDA fell 3% 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 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 | -₹5.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.56 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39% | ||||
| Net Profit Margin | -39% | ||||
| 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 | |||||
To see the full financial statements and ratios of Modern Financial Services Ltd., buy the company report.
Board of directors of Modern Financial Services Ltd.
Modern Financial Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitabha Sarkar Also directs: Global Net Com Limited, Tribeni Barters Pvt. Ltd. | Managing Director | 24 Jan 2000 | 26 Years 9 Months | Current |
| Probir Kumar Koyal Also directs: Tribeni Barters Pvt. Ltd. | Director | 15 Dec 2005 | 20 Years 10 Months | Current |
| Mina Roy | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Sushil Mandal | Director | 27 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Modern Financial Services Ltd. is audited by B R KHAITAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R KHAITAN & CO | FY 2023 | 305012E |
Shareholding
The shareholding of Modern Financial Services Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Financial Services Ltd., buy the company report.
Legal cases
Modern Financial Services Ltd. has 3 court cases on record: 1 filed by Modern Financial Services, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| High Court | Court case (AWT) | Filed against the company by Commissioner of Wealth Tax, Kolkata III, Kolkata | Disposed |
| High Court | Court case (AWT) | Filed against the company by Commissioner of Wealth Tax, Kolkata-Iii | Disposed |
To see the full case history of Modern Financial Services Ltd., 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 Modern Financial Services Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Modern Financial Services Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modern Financial Services Ltd. has 10 board changes on record since 1996: 7 appointments and 3 cessations. The latest: Sushil Mandal was appointed as Director on 27 Oct 2021.
1 earlier event is in the company report.
Frequently asked questions
Modern Financial Services is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 25 February 1983 (43+ years old) and is registered under CIN L24139WB1983PLC035932.
Modern Financial Services has 4 current directors:
- Amitabha Sarkar - Managing Director
- Probir Kumar Koyal - Director
- Mina Roy - Director
- Sushil Mandal - Director
The latest financial statements of Modern Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Modern Financial Services is L24139WB1983PLC035932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Modern Financial Services is a listed company as per MCA records.
Modern Financial Services has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Modern Financial Services was incorporated on 25 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
Sushil Mandal was appointed as Director on 27 Oct 2021. Sanjib Koyal ceased to be Director on 17 Mar 2020. Binay Bhausan Ghatak ceased to be Managing Director on 11 Feb 2016. Modern Financial Services has 10 board changes on record in total.
The registered office of Modern Financial Services is at 53 B Mirza Ghalib Street, Kolkata, West Bengal, India – 700016.
Modern Financial Services operates in the financial services industry, in the real estate financing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
