About Mudra Financial Services Ltd
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Mudra Financial Services Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65999MH1994PLC079222. Its GSTIN is 27AAACM4111B1Z8 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 539819.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5.01 Cr. It is led by directors including Dipen Prabhat Maheshwari (Managing Director) and Atul Jain.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 3rd Floor Vaastu Darshan 'B' Wing Azad Road Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹85 Lakh, a decline of 7.6% compared to the previous year. For the same year it recorded a net profit of ₹15 Lakh (net margin 17.6%). The net worth stands at ₹10.73 Cr (up 1.5% YoY). Total assets are valued at ₹10.73 Cr (up 1.5% YoY).
The company is associated with 1 brand: Mudra Financial Services. The company has 1 deal on record (1 market trade); the latest was in June 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mudrafinancial.in.
Company details
Contact details
Mudra Financial Services Ltd's registered office is in Mumbai, Maharashtra. Its website is mudrafinancial.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Vaastu Darshan 'B' Wing Azad Road Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Mudra 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
Brands
Mudra Financial Services operates one associated brand: Mudra Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management services are provided for clients in India. | mudrafinancial.in |
Business activity
The main business activity of Mudra Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mudra Financial Services Ltd, buy the company report.
Financials of Mudra Financial Services Ltd
FY 2025-26 filings availableMudra Financial Services Ltd reported revenue of ₹85 Lakh (down 7.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.85 | 0.92 | 0.94 | 0.60 | 0.78 | 1.60 | 1.10 |
| Revenue growth | -7.6% | -2.1% | +56.7% | -23.1% | -51.3% | +45.5% | - |
| EBITDA | 0.00 | 0.33 | 0.41 | 0.18 | 0.44 | 1.29 | 0.62 |
| EBITDA margin | 0.0% | +35.9% | +43.6% | +30.0% | +56.4% | +80.6% | +56.4% |
| Profit before tax | 0.07 | 0.33 | 0.41 | 0.18 | 0.44 | 1.29 | 0.62 |
| Net profit | 0.15 | 0.26 | 0.31 | 0.10 | 0.31 | 1.04 | 0.47 |
| Net profit margin | +17.7% | +28.3% | +33.0% | +16.7% | +39.7% | +65.0% | +42.7% |
| EPS (₹) | 0.33 | 0.51 | 0.60 | 0.20 | 0.61 | 2.05 | 0.95 |
| Balance sheet | |||||||
| Total assets | 10.73 | 10.57 | 10.31 | 10.01 | 9.91 | 9.61 | 8.58 |
| Net worth | 10.73 | 10.57 | 10.31 | 10.01 | 9.91 | 9.61 | 8.58 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.13 | 0.49 | 0.12 | 0.42 | 0.09 | 0.04 | 0.06 |
| Net working capital | 0.49 | 0.85 | 0.99 | 1.19 | 0.68 | 0.81 | 0.61 |
| Cash flow | |||||||
| Cash from operations | 0.32 | (0.45) | (0.30) | 0.33 | 0.05 | (0.12) | 0.20 |
| Cash from investing | (0.68) | 0.83 | 0.00 | 0.00 | 0.00 | 0.10 | (0.19) |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.29 | 0.32 | 0.21 | 0.20 | 0.29 | 0.31 | 0.20 | 0.22 |
| Revenue growth (YoY) | 0.0% | +3.2% | +5.0% | -9.1% | -3.3% | +19.2% | - | - |
| Other income | 0.46 | 0.00 | (0.06) | 0.07 | 0.00 | 0.00 | 0.09 | 0.10 |
| Total expenses | 0.21 | 0.14 | 0.21 | 0.29 | 0.27 | 0.18 | 0.45 | 0.13 |
| EBITDA | 0.08 | 0.18 | 0.00 | (0.09) | 0.02 | 0.13 | (0.25) | 0.09 |
| EBITDA margin | +27.6% | +56.3% | 0.0% | -45.0% | +6.9% | +41.9% | -125.0% | +40.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.54 | 0.18 | (0.06) | (0.02) | 0.02 | 0.13 | (0.16) | 0.19 |
| Tax | 0.07 | 0.05 | (0.13) | 0.01 | 0.01 | 0.03 | (0.02) | 0.02 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.29 | 0.32 | 0.21 | 0.20 | 0.29 | 0.31 | 0.20 | 0.22 |
| Revenue growth (YoY) | 0.0% | +3.2% | +5.0% | -9.1% | -3.3% | +19.2% | - | - |
| Other income | 0.46 | 0.00 | (0.06) | 0.07 | 0.00 | 0.00 | 0.09 | 0.10 |
| Total expenses | 0.21 | 0.14 | 0.21 | 0.29 | 0.27 | 0.18 | 0.45 | 0.13 |
| EBITDA | 0.08 | 0.18 | 0.00 | (0.09) | 0.02 | 0.13 | (0.25) | 0.09 |
| EBITDA margin | +27.6% | +56.3% | 0.0% | -45.0% | +6.9% | +41.9% | -125.0% | +40.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.54 | 0.18 | (0.06) | (0.02) | 0.02 | 0.13 | (0.16) | 0.19 |
| Tax | 0.07 | 0.05 | (0.13) | 0.01 | 0.01 | 0.03 | (0.02) | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.85 | 0.92 | 0.94 | 0.60 | 0.78 | 1.60 | 1.10 |
| Revenue growth | -7.6% | -2.1% | +56.7% | -23.1% | -51.3% | +45.5% | - |
| Other income | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.85 | 0.59 | 0.53 | 0.42 | 0.34 | 0.31 | 0.48 |
| Employee cost | 0.51 | 0.34 | 0.31 | 0.23 | 0.16 | 0.14 | 0.19 |
| EBITDA | 0.00 | 0.33 | 0.41 | 0.18 | 0.44 | 1.29 | 0.62 |
| EBITDA margin | 0.0% | +35.9% | +43.6% | +30.0% | +56.4% | +80.6% | +56.4% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.07 | 0.33 | 0.41 | 0.18 | 0.44 | 1.29 | 0.62 |
| Tax | (0.08) | 0.07 | 0.10 | 0.08 | 0.13 | 0.25 | 0.15 |
| Net profit | 0.15 | 0.26 | 0.31 | 0.10 | 0.31 | 1.04 | 0.47 |
| Net profit margin | +17.7% | +28.3% | +33.0% | +16.7% | +39.7% | +65.0% | +42.7% |
| EPS (₹) | 0.33 | 0.51 | 0.60 | 0.20 | 0.61 | 2.05 | 0.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 | 5.01 |
| Reserves & surplus | 5.72 | 5.56 | 5.30 | 5.00 | 4.90 | 4.60 | 3.57 |
| Shareholders' funds (net worth) | 10.73 | 10.57 | 10.31 | 10.01 | 9.91 | 9.61 | 8.58 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 10.73 | 10.57 | 10.31 | 10.01 | 9.91 | 9.61 | 8.58 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.47 | 0.74 | 1.46 | 1.34 | 1.49 | 1.58 | 1.16 |
| Inventories | 0.00 | 0.12 | 0.10 | 0.09 | 0.23 | 0.22 | 0.03 |
| Sundry debtors | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 |
| Cash & bank balances | 0.13 | 0.49 | 0.12 | 0.42 | 0.09 | 0.04 | 0.06 |
| Loans & advances | 0.52 | 0.36 | 0.87 | 0.75 | 0.40 | 0.57 | 0.55 |
| Total current assets | 0.66 | 0.98 | 1.10 | 1.27 | 0.73 | 0.86 | 0.67 |
| Total current liabilities | 0.17 | 0.13 | 0.11 | 0.08 | 0.05 | 0.05 | 0.06 |
| Net working capital | 0.49 | 0.85 | 0.99 | 1.19 | 0.68 | 0.81 | 0.61 |
| Total assets | 10.73 | 10.57 | 10.31 | 10.01 | 9.91 | 9.61 | 8.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.49 | 0.12 | 0.42 | 0.09 | 0.04 | 0.06 | 0.05 |
| Net cash from operating activities | 0.32 | (0.45) | (0.30) | 0.33 | 0.05 | (0.12) | 0.20 |
| Net cash from investing activities | (0.68) | 0.83 | 0.00 | 0.00 | 0.00 | 0.10 | (0.19) |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | (0.36) | 0.38 | (0.30) | 0.33 | 0.05 | (0.02) | 0.01 |
| Closing cash | 0.13 | 0.49 | 0.12 | 0.42 | 0.09 | 0.04 | 0.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -7.6% | -2.1% | +56.7% | -23.1% | -51.3% | +45.5% | - |
| EBITDA growth | -100.0% | -19.5% | +127.8% | -59.1% | -65.9% | +108.1% | - |
| PBT growth | -78.8% | -19.5% | +127.8% | -59.1% | -65.9% | +108.1% | +169.6% |
| Net income growth | -42.3% | -16.1% | +210.0% | -67.7% | -70.2% | +121.3% | - |
| Revenue CAGR (3Y) | +12.3% | +5.7% | -16.3% | -18.3% | +6.3% | +27.1% | +19.2% |
| EBITDA CAGR (3Y) | -100.0% | -9.1% | -31.8% | -33.8% | +24.1% | +46.5% | +18.8% |
| Profitability & leverage | |||||||
| Net income margin | +17.7% | +28.3% | +33.0% | +16.7% | +39.7% | +65.0% | +42.7% |
| Return on capital employed | +0.7% | +3.2% | +3.8% | +1.8% | +4.5% | +14.1% | +7.6% |
| Return on net worth | +1.5% | +2.5% | +3.0% | +1.0% | +3.2% | +11.3% | +5.8% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 15.33 | 8.36 | 9.89 | 3.75 | 3.47 | 12.80 | 4.68 |
| Debtors turnover | 92.00 | 92.00 | 94.00 | 60.00 | 39.00 | 53.33 | 73.33 |
| EPS (₹) | 0.33 | 0.51 | 0.60 | 0.20 | 0.61 | 2.05 | 0.95 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 21.43 | 21.10 | 20.58 | 19.99 | 19.79 | 19.18 | 17.13 |
To see the full year-wise statements and ratios of Mudra Financial Services Ltd, buy the company report.
Board of directors of Mudra Financial Services Ltd
Mudra Financial Services has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipen Prabhat Maheshwari | Managing Director | 01 Apr 2015 | 11 Years 7 Months | Current |
| Atul Jain Also directs: Ecom Fin Advisors LLP, Trophic Wellness Private Limited | Director | 01 Jul 2025 | 1 Years 4 Months | Current |
| Jiyan Jitendra Shah | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Dipti Nikhil Chheda Also directs: Om Freight Forwarders Limited | Director | 22 May 2025 | 1 Years 5 Months | Current |
Auditor
Mudra Financial Services Ltd is audited by Sampat Mehta & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sampat Mehta & Associates | FY 2019 | 109038W |
Shareholding
Shareholding for the quarter ended Jun 2026: promoters hold 53.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 46.30%.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 53.70% | 53.70% | 53.70% | 53.70% |
| Public | 46.30% | 46.30% | 46.30% | 46.30% |
Deals & funding
Mudra Financial Services Ltd has 1 deal on record (1 market trade); the latest was in June 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹15.5 Lakh | Buyer: 4 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mudra Financial Services Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mudra Financial Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mudra Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM4111B1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mudra Financial Services Ltd, buy the company report.
Recent activity
Mudra Financial Services Ltd has 18 board changes on record since 1994: 11 appointments and 7 cessations. The latest: Atul Jain was appointed as Director on 01 Jul 2025.
9 earlier events are in the company report.
News
Frequently asked questions
Mudra Financial Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 June 1994 (32+ years old) and is registered under CIN L65999MH1994PLC079222. Listed on BSE: 539819.
Mudra Financial Services reported revenue of ₹85 Lakh for FY 2025-26 (down 7.6% YoY) based on standalone financials.
Mudra Financial Services has 4 current directors:
- Dipen Prabhat Maheshwari - Managing Director
- Atul Jain - Director
- Jiyan Jitendra Shah - Director
- Dipti Nikhil Chheda - Director
The latest financial statements of Mudra Financial Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mudra Financial Services is 27AAACM4111B1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mudra Financial Services is L65999MH1994PLC079222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mudra Financial Services is a listed company as per MCA records. Its shares are listed on BSE (code: 539819).
Mudra Financial Services was incorporated on 27 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Mudra Financial Services has 1 deal on record (1 market trade); the latest was in June 2026.
Atul Jain was appointed as Director on 01 Jul 2025. Dipti Nikhil Chheda was appointed as Director on 22 May 2025. Asha Krishankumar Rathi ceased to be Director on 23 Mar 2025. Mudra Financial Services has 18 board changes on record in total.
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