About Action Financial Services (India) Ltd
Data last updated:
Action Financial Services (India) Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 01 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65944MH1992PLC068879. The company has 1 GST registration on record, which is no longer active. It is a listed company.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.33 Cr. It is led by directors including Bakul Ramniklal Parekh (Managing Director) and Milan Ramniklal Parekh (Managing Director).
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.61 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹24.2 Lakh (net margin 5.3%) and EBITDA of ₹1.14 Cr (EBITDA margin 24.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Action Financial Services. As per MCA filings, the company has open charges of ₹1.27 Cr and satisfied charges of ₹5.34 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 5 cases are pending. The company has 152 deals on record (152 market trades); the latest was in December 2017. Its 10 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Supergrowth Investments Private Limited with revenue of ₹4.62 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website actionfin.com.
CIN History of Action Financial Services (India) Ltd
Action Financial Services (India) has one previous CIN (Corporate Identification Number): U65944MH1992PLC068879. The current CIN is L65944MH1992PLC068879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65944MH1992PLC068879 | Current |
| U65944MH1992PLC068879 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address46 & 47 6th Floor Rajgir Chambers 12/14 Shahid Bhagat Singh Road Opp.Old Custom House F, Ort, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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
Associated Brands with Action Financial Services (India) Ltd
Action Financial Services (India) operates one associated brand: Action Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Anti-fatigue work shoes and foot care products are manufactured. | actionfin.com |
Business Activity of Action Financial Services (India) Ltd
The main business activity of Action Financial Services (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
| K | Financial and insurance Service | K8 | Other financial 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 Action Financial Services (India) Ltd FY 2019 filings available
Action Financial Services (India) Ltd reported revenue of ₹4.61 Cr (up 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Action Financial Services (India) Ltd
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 4% growth in the latest year. EBITDA rose 96% 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 Action Financial Services (India) Ltd
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹1.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.2 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 of Action Financial Services (India) Ltd
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 Action Financial Services (India) 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 Action Financial Services (India) Ltd
Action Financial Services (India) has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harbhajan Singh J Dhillon | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Bakul Ramniklal Parekh Also directs: Action Commodities Limited, Action Securities Limited | Managing Director | 01 Oct 1992 | 34 Years 0 Months | Current |
| Milan Ramniklal Parekh Also directs: Action Commodities Limited, Action Securities Limited | Managing Director | 01 Oct 2007 | 19 Years 0 Months | Current |
Peer Comparison of Action Financial Services (India) Ltd
Action Financial Services (India) Ltd is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supergrowth Investments Private Limited | ₹4.62 Cr (FY 2025) | •••• | •••• | 590.0% | •••• | New Delhi, Delhi, India |
| Bhutoria Valve Udyog Ltd | ₹4.62 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| Praneha Promoters Pvt Ltd | ₹4.62 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Corporate International Financial Services Limited | ₹4.62 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Gyandhan Financial Services Private Limited | ₹4.61 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Delhi, India |
| Action Financial Services (India) Ltd this company | ₹4.61 Cr (FY 2019) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Goneril Investment & Trading Co Ltd | ₹4.6 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Saraf Credit and Portfolio Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Linton Engineering Services Pvt. Ltd. | ₹4.6 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Baron Consultants Pvt Ltd | ₹4.6 Cr (FY 2025) | •••• | •••• | 129.0% | •••• | Dum Dum Park, West Bengal, India |
| Majha Investment Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Action Financial Services (India) by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 Action Financial Services (India) Ltd
Action Financial Services (India) Ltd is audited by JAIN CHOWDHARY & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN CHOWDHARY & CO | 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 Action Financial Services (India) Ltd
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 Action Financial Services (India) Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2011 | Bank of India | ₹1.27 Cr | Open |
| 22 Dec 2005 | Icici Bank Limited | ₹50 Lakh | Satisfied |
| 29 Sep 2004 | Progressive Co-Op Bank Limited | ₹25 Lakh | Satisfied |
| 08 Jun 2001 | Bank of India | ₹4.25 Cr | Satisfied |
| 25 Nov 1997 | Bank of India | ₹10 Lakh | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Action Financial Services (India) Ltd
Action Financial Services (India) Ltd has 152 deals on record (152 market trades); the latest was in December 2017.
Deals on record (5 of 152)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Market trade | ₹5.6 Lakh | Buyer: an individual Seller: Ekaparnik Vintrade Private Limited |
| Feb 2017 | Market trade | ₹4.2 Lakh | Buyer: an individual Seller: Ekaparnik Vintrade Private Limited |
| Oct 2014 | Market trade | ₹6.6 Lakh | Buyer: an individual Seller: Shrim Investment Solutions Private Limited |
| Jun 2014 | Market trade | ₹73 Lakh | Buyer: Priyali Properties LLP , an individual Seller: Decent Vincom Private Limited , Brijdham Dealcom Private Limited , Ashiyana Mercantile Private Limited |
| Jun 2014 | Market trade | ₹7.9 Lakh | Buyer: an individual Seller: Shrim Investment Solutions Private Limited |
Full deal history
All 152 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Action Financial Services (India) Ltd
Action Financial Services (India) Ltd has 8 court cases on record: 3 filed by Action Financial Services (India), 5 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 4 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Commercial suit | Filed against the company by National Stock Exchange of India Ltd | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by National Stock Exchange of India Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against National Stock Exchange Ltd and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Action Financial Services (India) Ltd
Action Financial Services (India) Ltd has a workforce of 26 employees as of Apr 04, 2024.
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.
Group Structure of Action Financial Services (India) Ltd
Action Financial Services (India) has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Action Commodities Limited | U65999MH2009PLC194732 | Locked |
| Action Securities Limited | U67120MH2007PLC175874 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Action Financial Services (India) Ltd
Action Financial Services (India) Ltd has 22 board changes on record since 1992: 12 appointments and 10 cessations. The latest: Parul Bhavesh Doshi ceased to be Director on 02 Mar 2020.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Action Financial Services (India) Ltd
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 Action Financial Services (India) Ltd
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 Action Financial Services (India) Ltd
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 Action Financial Services (India) Ltd
Action Financial Services (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Action Financial Services (India) Ltd
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.
Related news about Action Financial Services (India) Ltd
Frequently Asked Questions about Action Financial Services (India) Ltd
Action Financial Services (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 01 October 1992 (34+ years old) and is registered under CIN L65944MH1992PLC068879.
Action Financial Services (India) reported revenue of ₹4.61 Cr for FY 2019 (up 4% YoY).
Action Financial Services (India) has 3 current directors:
- Bakul Ramniklal Parekh - Managing Director
- Milan Ramniklal Parekh - Managing Director
- Harbhajan Singh J Dhillon - Director
Action Financial Services (India) reported a net profit of ₹24.2 Lakh (net margin 5.3%) and EBITDA of ₹1.14 Cr (EBITDA margin 24.8%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Action Financial Services (India) is 8% over three years. In the latest year (FY 2019) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
No. Action Financial Services (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Action Financial Services (India) is L65944MH1992PLC068879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Action Financial Services (India) is a listed company.
Action Financial Services (India) has 8 court cases on record: 3 filed by the company and 5 filed against it. 5 are pending. Most are in the high courts.
Action Financial Services (India) was incorporated on 01 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Action Financial Services (India) has 152 deals on record (152 market trades); the latest was in December 2017.