About Adcon Capital Services Limited
Data last updated: 14 July 2026
Adcon Capital Services Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 28 July 1994, the company has been in operation for over 32 years.
Registered with ROC Gwalior under CIN U67120MP1994PLC008511. Listed on BSE: 539506.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹31.81 Cr. It is led by directors including Piyush Saraf and Suman Das.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 417 Chetak Centre Nx Near Hotel Shreemaya R.N.T. Marg, Indore, Madhya Pradesh, India – 452001.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹4.58 Cr. The net worth stands at ₹30.86 Cr. Total assets are valued at ₹60.87 Cr.
The company is associated with 1 brand - Adcon.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adconcap.com.
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Registered Address417 Chetak Centre Nx Near Hotel Shreemaya R.N.T. Marg, Indore, Madhya Pradesh, India – 452001
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Adcon Capital Services Limited
Adcon Capital Services Limited has one previous CIN (Corporate Identification Number): U67120MP1994PLC008511. The current CIN is L67120MP1994PLC008511, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120MP1994PLC008511 | Current |
| U67120MP1994PLC008511 | Previous |
Associated Brands with Adcon Capital Services Limited
Adcon Capital Services Limited operates one associated brand: Adcon. These brands represent Adcon Capital Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Business loans and financial services are provided to enterprises. | adconcap.com |
Competitors & Alternatives of Adcon Capital Services Limited
Brands and companies operating in the same space as Adcon Capital Services Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
|
Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
|
Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
|
Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
|
Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
|
2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Adcon Capital Services Limited
Adcon Capital Services Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Adcon Capital Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Adcon Capital Services Limited
Adcon Capital Services Limited is audited by Maheshwari & Co (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Maheshwari & Co (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Adcon Capital Services Limited
Adcon Capital Services Limited is currently managed by 5 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Piyush Saraf
Also directs:
Gcm Securities Ltd., Aryadeep Tie Up Private Limited
|
Managing Director | 29 Dec 2021 | 4 Years 7 Months | Current |
|
Suman Das
Also directs:
Vaishno Cement Company Ltd., Gcm Capital Advisors Limited
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Director | 21 Jan 2022 | 4 Years 7 Months | Current |
| Rajeswari Bangal | Director | 21 Jan 2022 | 4 Years 7 Months | Current |
|
Yesha Aagam Shah
Also directs:
Onix Solar Energy Limited, Netlink Solutions (India) Limited, Vimal Dairy Ltd and 1 more
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Director | 05 Jul 2024 | 2 Years 1 Months | Current |
| Jay Bharatkumar Shah | Whole-Time Director | 05 Jul 2024 | 2 Years 1 Months | Current |
Financials of Adcon Capital Services Limited FY 2026 filings available
Adcon Capital Services Limited reported revenue of ₹4.58 Cr for FY 2026.
| Metrics | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4.58 Cr | ₹1.66 Cr | ₹56.11 Lakh | ₹63.07 Lakh | ₹23.1 Lakh | ₹23.05 Lakh | ₹21.49 Lakh |
| Interest Earned | - | ₹1.66 Cr | ₹44.15 Lakh | ₹22.15 Lakh | ₹23.1 Lakh | ₹23.05 Lakh | - |
| Other Income | ₹0 | ₹2.07 Lakh | ₹0 | ₹5.73 Lakh | ₹5.32 Lakh | ₹2.48 Lakh | ₹2.7 Lakh |
| Total Income | ₹4.58 Cr | ₹1.68 Cr | ₹56.11 Lakh | ₹68.8 Lakh | ₹28.42 Lakh | ₹25.53 Lakh | ₹24.19 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹5.19 Lakh | ₹13.76 Lakh | ₹10.56 Lakh | ₹8.3 Lakh | ₹6.03 Lakh | ₹6.17 Lakh | ₹5.91 Lakh |
| Finance Costs | ₹1.82 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹5.54 Cr | ₹48.85 Lakh | ₹1.13 Cr | ₹10.99 Lakh | ₹8.57 Lakh | ₹17.36 Lakh | ₹12.34 Lakh |
| Total Expenses | ₹7.42 Cr | ₹62.61 Lakh | ₹1.23 Cr | ₹19.28 Lakh | ₹14.6 Lakh | ₹23.53 Lakh | ₹18.25 Lakh |
| Profit Before Exceptional Items & Tax | -₹2.84 Cr | ₹1.05 Cr | -₹67.24 Lakh | ₹49.52 Lakh | ₹13.82 Lakh | ₹2 Lakh | ₹5.94 Lakh |
| Exceptional Items | ₹0 | -₹91,400 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹2.84 Cr | ₹1.04 Cr | -₹67.24 Lakh | ₹49.52 Lakh | ₹13.82 Lakh | ₹2 Lakh | ₹5.94 Lakh |
| Total Tax Expense | -₹71.52 Lakh | ₹13.93 Lakh | ₹1.09 Lakh | ₹8.1 Lakh | ₹2.04 Lakh | ₹38,000 | ₹39,000 |
| Net Profit | -₹2.13 Cr | ₹90.27 Lakh | -₹68.33 Lakh | ₹41.42 Lakh | ₹11.78 Lakh | ₹1.62 Lakh | ₹5.55 Lakh |
| Other Comprehensive Income | -₹1.02 Cr | ₹53.54 Lakh | ₹4.77 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹3.15 Cr | ₹1.44 Cr | -₹63.56 Lakh | ₹41.42 Lakh | ₹11.78 Lakh | ₹1.62 Lakh | ₹5.55 Lakh |
| EBITDA (computed) | -₹1.02 Cr | ₹1.05 Cr | -₹67.24 Lakh | ₹49.52 Lakh | ₹13.82 Lakh | ₹2 Lakh | ₹5.94 Lakh |
| Basic EPS | ₹-0.09 | ₹0.03 | ₹-0.02 | ₹1.17 | ₹0.33 | ₹0.05 | ₹0.16 |
| Diluted EPS | ₹-0.09 | ₹0.03 | ₹-0.06 | ₹1.17 | ₹0.33 | ₹0.05 | ₹0.16 |
| Metrics | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹60.87 Cr | ₹33.54 Cr | ₹30.14 Cr | ₹4.12 Cr | ₹3.66 Cr | ₹3.57 Cr | ₹3.51 Cr |
| Non-current Assets | ₹1.06 Cr | - | - | - | - | - | ₹3.27 Lakh |
| Current Assets | ₹59.81 Cr | - | - | - | - | - | ₹3.47 Cr |
| Property, Plant & Equipment | ₹3,000 | ₹2,600 | ₹2,600 | ₹2,600 | ₹3,000 | ₹3,000 | ₹3,000 |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹15.79 Lakh | - | - | - | - | - | ₹0 |
| Cash & Equivalents | ₹24.47 Lakh | ₹7.49 Lakh | ₹3.54 Lakh | ₹47,200 | ₹6.4 Lakh | ₹5.25 Lakh | ₹5.05 Lakh |
| Equity (Net Worth) | ₹30.86 Cr | ₹33 Cr | ₹30.05 Cr | ₹4.05 Cr | ₹3.64 Cr | ₹3.52 Cr | ₹3.5 Cr |
| Equity Share Capital | ₹31.81 Cr | ₹31.7 Cr | ₹30.18 Cr | ₹3.55 Cr | ₹3.55 Cr | ₹3.55 Cr | ₹3.55 Cr |
| Borrowings (Non-current) | ₹0 | - | - | - | - | - | ₹0 |
| Borrowings (Current) | ₹0 | - | - | - | - | - | ₹0 |
| Total Debt (computed) | ₹0 | - | - | - | - | - | ₹0 |
| Current Liabilities | ₹22.19 Lakh | - | - | - | - | - | ₹20,000 |
| Total Liabilities | ₹30.01 Cr | ₹53.81 Lakh | ₹8.89 Lakh | ₹6.5 Lakh | ₹2.34 Lakh | ₹4.71 Lakh | ₹20,000 |
| Metrics | FY 2026 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | ₹3.89 Cr | ₹1.16 Cr | -₹1.08 Cr | ₹16.27 Lakh |
| Investing Cash Flow | -₹3.78 Cr | -₹2.82 Cr | -₹26.01 Cr | ₹45.14 Lakh |
| Financing Cash Flow | ₹0 | ₹1.51 Cr | ₹26.63 Cr | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹3.89 Cr | ₹1.16 Cr | -₹1.08 Cr | ₹16.27 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹10.87 Lakh | -₹14.35 Lakh | -₹45.97 Lakh | ₹61.41 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹2.21 Cr | ₹61.99 Lakh | ₹59.13 Lakh | ₹1.29 Cr | ₹46.99 Lakh |
| Interest Earned | - | - | ₹59.13 Lakh | ₹40.52 Lakh | ₹40.36 Lakh |
| Other Income | ₹0 | -₹28,000 | ₹0 | ₹13.23 Lakh | ₹0 |
| Total Income | ₹2.21 Cr | ₹61.71 Lakh | ₹59.13 Lakh | ₹1.42 Cr | ₹46.99 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | -₹1.92 Lakh | ₹0 |
| Employee Benefit Expense | ₹6,000 | ₹1.14 Lakh | ₹1.65 Lakh | ₹3.5 Lakh | ₹1.92 Lakh |
| Finance Costs | ₹68.43 Lakh | ₹50.8 Lakh | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹5.47 Cr | ₹1.24 Lakh | ₹13.47 Lakh | ₹4.45 Lakh | ₹22.13 Lakh |
| Total Expenses | ₹6.16 Cr | ₹53.18 Lakh | ₹15.11 Lakh | ₹6.03 Lakh | ₹24.05 Lakh |
| Profit Before Exceptional Items & Tax | -₹3.95 Cr | ₹8.53 Lakh | ₹44.02 Lakh | ₹1.36 Cr | ₹22.94 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.95 Cr | ₹8.53 Lakh | ₹44.02 Lakh | ₹1.36 Cr | ₹22.94 Lakh |
| Total Tax Expense | -₹97.04 Lakh | -₹21,000 | ₹11.09 Lakh | ₹21.38 Lakh | ₹5.8 Lakh |
| Net Profit | -₹2.98 Cr | ₹8.74 Lakh | ₹32.93 Lakh | ₹1.15 Cr | ₹17.14 Lakh |
| Other Comprehensive Income | -₹1.02 Cr | -₹24.63 Lakh | ₹69,600 | -₹75.61 Lakh | ₹18.95 Lakh |
| Total Comprehensive Income | -₹4 Cr | -₹15.89 Lakh | ₹33.63 Lakh | ₹39.17 Lakh | ₹36.1 Lakh |
| EBITDA (computed) | -₹3.26 Cr | ₹59.33 Lakh | ₹44.02 Lakh | ₹1.36 Cr | ₹22.94 Lakh |
| Basic EPS | ₹-0.09 | ₹0.00 | ₹0.01 | ₹0.04 | ₹0.01 |
| Diluted EPS | ₹-0.09 | ₹0.00 | ₹0.01 | ₹0.04 | ₹0.01 |
Charges & Borrowings Adcon Capital Services Limited
Adcon Capital Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Adcon Capital Services Limited
View historical data on people associated with Adcon Capital Services Limited, including employment history and EPFO contributions.
Employee and EPFO history for Adcon Capital Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Adcon Capital Services Limited
GST registrations and filing compliance for Adcon Capital Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Adcon Capital Services Limited
Credit ratings, litigation, and regulatory alerts for Adcon Capital Services Limited
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MSME Payment Delays by Adcon Capital Services Limited
MSME payment history for Adcon Capital Services Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Adcon Capital Services Limited
Corporate group structure for Adcon Capital Services Limited
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MCA Filings & Documents of Adcon Capital Services Limited
MCA filings and documents for Adcon Capital Services Limited
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Recent Activity on Adcon Capital Services Limited
Recent News on Adcon Capital Services Limited
Frequently Asked Questions about Adcon Capital Services Limited
Adcon Capital Services Limited is an active public limited company in the financial services sector based in Indore, Madhya Pradesh, India. It was incorporated on 28 July 1994 (32+ years old) and is registered under CIN L67120MP1994PLC008511. Listed on BSE: 539506.
Adcon Capital Services Limited reported revenue of ₹4.58 Cr for FY 2026 based on standalone BSE filings.
The current directors of Adcon Capital Services Limited are:
- Piyush Saraf - Managing Director
- Suman Das - Director
- Rajeswari Bangal - Director
- Yesha Aagam Shah - Director
- Jay Bharatkumar Shah - Whole-Time Director
The primary industry of Adcon Capital Services Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Adcon Capital Services Limited is listed on BSE with code 539506.
Adcon Capital Services Limited can be reached at the registered office: 417 Chetak Centre Nx Near Hotel Shreemaya R.N.T. Marg, Indore, Madhya Pradesh, India – 452001, or through the website adconcap.com.