SH Financial Services Private Limited
About SH Financial Services Private Limited
Data last updated:
SH Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial brokerage segment of the financial services sector. It was incorporated on 09 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U89366MH1995PTC089366.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.85 Lakh. It is led by directors including Jigar Ashwin Shroff and Harsha Sagar Shroff.
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 2024, the company reported a revenue of ₹24.76 Lakh, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹12.27 Lakh (net margin 49.6%) and EBITDA of ₹12.51 Lakh (EBITDA margin 50.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SH Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBell Building 3rd Floor Office No. 10 Sir P. M. Road Next To Bombay Store Fo, Untain, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of SH Financial Services Private 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 SH Financial 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 SH Financial Services Private Limited, buy the company report.
Financials of SH Financial Services Private Limited
FY 2025 filings availableSH Financial Services Private Limited reported revenue of ₹24.76 Lakh (up 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 57% growth in the latest year. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.27 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.5% | ||||
| Net Profit Margin | 49.6% | ||||
| 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 SH Financial Services Private Limited, buy the company report.
Board of directors of SH Financial Services Private Limited
SH Financial Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Ashwin Shroff Also directs: Financial Research Technologies Private Limited | Director | 01 Aug 2010 | 16 Years 3 Months | Current |
| Harsha Sagar Shroff Also directs: Financial Research Technologies Private Limited | Director | 09 Jun 1995 | 31 Years 4 Months | Current |
| Sagar Ashwin Shroff Also directs: Financial Research Technologies Private Limited | Additional Director | 01 Aug 2010 | 16 Years 3 Months | Current |
Peer comparison
SH Financial Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enkay Enterprises Private Limited | ₹24.78 Lakh (FY 2025) | 110.0% | Delhi, India | |||
| Vidhatha Chit Funds Private Limited | ₹24.78 Lakh (FY 2024) | 71.0% | Karimnagar, Telangana, India | |||
| Koushal Chit Funds Private Limited | ₹24.77 Lakh (FY 2025) | -8.0% | Bangalore, Karnataka, India | |||
| Speart Lane Investments Private Limited | ₹24.77 Lakh (FY 2024) | 138.0% | Koramangala, Karnataka, India | |||
| Mitra Equities Private Limited | ₹24.76 Lakh (FY 2024) | -9.0% | Thane, Maharashtra, India | |||
| SH Financial Services Private Limitedthis company | ₹24.76 Lakh (FY 2024) | ₹12.27 Lakh | 49.6% | 57.0% | Mumbai, Maharashtra, India | |
| Fornax Farms Private Limited | ₹24.74 Lakh (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Shatabadi Finlease and Securities Limited | ₹24.74 Lakh (FY 2025) | -36.0% | New Delhi, Delhi, India | |||
| RM Corporate Services Private Limited | ₹24.72 Lakh (FY 2020) | 10.0% | New Delhi, Delhi, India | |||
| Bankmen Financial Consultants Private Limited | ₹24.71 Lakh (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Dosti Leasing and Investment (Bombay) Limited | ₹24.71 Lakh (FY 2025) | -5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of SH Financial Services Private Limited, buy the company report.
Auditor
SH Financial Services Private Limited is audited by A.P. DALAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.P. DALAL & CO. | FY 2017 | 112385W |
Shareholding
The shareholding of SH Financial Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SH Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SH Financial Services Private 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 SH Financial Services Private 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 SH Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SH Financial Services Private Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Rasila Ashwin Shroff ceased to be Director on 27 Jun 2016.
Frequently asked questions
SH Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial brokerage, within the financial services industry. It was incorporated on 09 June 1995 (31+ years old) and is registered under CIN U89366MH1995PTC089366.
SH Financial Services has 3 current directors:
- Jigar Ashwin Shroff - Director
- Harsha Sagar Shroff - Director
- Sagar Ashwin Shroff - Additional Director
The latest financial statements of SH Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of SH Financial Services is U89366MH1995PTC089366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SH Financial Services was incorporated on 09 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of SH Financial Services by revenue are Enkay Enterprises Private Limited, Vidhatha Chit Funds Private Limited, Koushal Chit Funds Private Limited, Speart Lane Investments Private Limited, Mitra Equities Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Rasila Ashwin Shroff ceased to be Director on 27 Jun 2016. Jigar Ashwin Shroff ceased to be Additional Director on 30 Sep 2011. Jigar Ashwin Shroff was appointed as Director on 01 Aug 2010. SH Financial Services has 7 board changes on record in total.
The registered office of SH Financial Services is at Bell Building 3rd Floor Office No. 10 Sir P. M. Road Next To Bombay Store Fo, Untain, Mumbai, Maharashtra, India – 400001.
SH Financial Services operates in the financial services industry, in the financial brokerage segment.
The compliance status of SH Financial Services is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
SH Financial Services can be reached at its registered office: Bell Building 3rd Floor Office No. 10 Sir P. M. Road Next To Bombay Store Fo, Untain, Mumbai, Maharashtra, India – 400001.
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.
