Quintessence Finance Limited
About Quintessence Finance Limited
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Quintessence Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PLC080399.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.3 Lakh. It is led by directors including Ashok Kumar Goenka and Rani Banwarilal Goenka.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 505 Swastik Chamberscst Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.89 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹15.43 Lakh (net margin -396.2%) and EBITDA of -₹13.78 Lakh (EBITDA margin -353.9%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Quintessence Finance Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address505 Swastik Chamberscst Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Quintessence Finance 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
Business activity
The main business activity of Quintessence Finance 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 Quintessence Finance Limited, buy the company report.
Financials of Quintessence Finance Limited
FY 2025 filings availableQuintessence Finance Limited reported revenue of ₹3.89 Lakh (down 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 58% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.89 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹13.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -353.9% | ||||
| Net Profit Margin | -396.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Quintessence Finance Limited, buy the company report.
Board of directors of Quintessence Finance Limited
Quintessence Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Goenka | Director | 22 Sep 2008 | 18 Years 1 Months | Current |
| Rani Banwarilal Goenka Also directs: Pripro Financial and Share Services Limited, Briston Cements Limited, Migo Investments and Finance Pvt Ltd and 2 more | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Dilip Banwarilal Goenka Also directs: Pripro Financial and Share Services Limited, Briston Cements Limited, Migo Investments and Finance Pvt Ltd and 2 more | Director | 10 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Quintessence Finance Limited is audited by A.MAHESHWARY & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.MAHESHWARY & CO. | FY 2022 | 105859W |
Shareholding
The shareholding of Quintessence Finance Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quintessence Finance Limited, buy the company report.
Legal cases
No court or tribunal cases involving Quintessence Finance Limited 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 Quintessence Finance Limited; 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 Quintessence Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Quintessence Finance Limited has 7 board changes on record since 1994: 4 appointments and 3 cessations. The latest: Rama Kant Misra ceased to be Director on 19 Jan 2025.
Frequently asked questions
Quintessence Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 August 1994 (32+ years old) and is registered under CIN U65990MH1994PLC080399.
Quintessence Finance has 3 current directors:
- Ashok Kumar Goenka - Director
- Rani Banwarilal Goenka - Director
- Dilip Banwarilal Goenka - Director
The latest financial statements of Quintessence Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Quintessence Finance is U65990MH1994PLC080399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quintessence Finance was incorporated on 17 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Rama Kant Misra ceased to be Director on 19 Jan 2025. Dilip Banwarilal Goenka ceased to be Additional Director on 19 Sep 2022. Dilip Banwarilal Goenka was appointed as Director on 10 Feb 2021. Quintessence Finance has 7 board changes on record in total.
The registered office of Quintessence Finance is at 505 Swastik Chamberscst Road Chembur, Mumbai, Maharashtra, India – 400071.
Quintessence Finance operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Quintessence Finance is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
Quintessence Finance can be reached at its registered office: 505 Swastik Chamberscst Road Chembur, Mumbai, Maharashtra, India – 400071.
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