Advanced Fiscal Services Pvt.Ltd.
About Advanced Fiscal Services Pvt.Ltd.
Data last updated:
Advanced Fiscal Services Pvt.Ltd. is a private 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 08 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH1995PTC240160. Its GSTIN is 27AACCA2320G1Z9 (Maharashtra).
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹85 Lakh. It is led by directors including Kishore Sewaram Jadwani and Meher Kishore Jadhwani.
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 201 2nd Floor Aza House Next To Andhra Bank Turner Road Commercial Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹43.27 Lakh (net margin 37.2%) and EBITDA of ₹48.76 Lakh (EBITDA margin 41.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Advanced Fiscal Services has one previous CIN (Corporate Identification Number): U65999WB1995PTC074147. The current CIN is U65999MH1995PTC240160, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999MH1995PTC240160 | Current |
| U65999WB1995PTC074147 | Previous |
Contact details
Advanced Fiscal Services Pvt.Ltd.'s registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 2nd Floor Aza House Next To Andhra Bank Turner Road Commercial Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Advanced Fiscal Services Pvt.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
Business activity
The main business activity of Advanced Fiscal 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 Advanced Fiscal Services Pvt.Ltd., buy the company report.
Financials of Advanced Fiscal Services Pvt.Ltd.
FY 2025 filings availableAdvanced Fiscal Services Pvt.Ltd. reported revenue of ₹1.16 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 64% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹48.76 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹43.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.9% | ||||
| Net Profit Margin | 37.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Advanced Fiscal Services Pvt.Ltd., buy the company report.
Board of directors of Advanced Fiscal Services Pvt.Ltd.
Advanced Fiscal Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Sewaram Jadwani Also directs: Positive Eats Sales and Services LLP, Pramila Estates LLP, Dear Donna Wellness LLP and 5 more | Director | 16 Jan 2004 | 22 Years 9 Months | Current |
| Meher Kishore Jadhwani | Director | 01 Dec 2016 | 9 Years 11 Months | Current |
| Sharan Kishor Jadhwani | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
| Riddhi Kishore Jadwani Also directs: Positive Eats Sales and Services LLP, Pramila Estates LLP, Positiveats Products LLP and 1 more | Director | 16 Jan 2004 | 22 Years 9 Months | Current |
Auditor
Advanced Fiscal Services Pvt.Ltd. is audited by A. Bangani & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. Bangani & Associates | FY 2022 | 127366W |
Shareholding
The shareholding of Advanced Fiscal Services Pvt.Ltd. 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 Advanced Fiscal Services Pvt.Ltd., buy the company report.
Legal cases
Advanced Fiscal Services Pvt.Ltd. has 2 court cases on record: 2 filed by Advanced Fiscal Services. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner Income Tax Circle 4 1 1 Mumbai | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 4 ( | Disposed |
To see the full case history of Advanced Fiscal Services Pvt.Ltd., buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advanced Fiscal Services Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Advanced Fiscal Services has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Advanced Fiscal Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA2320G1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advanced Fiscal Services Pvt.Ltd., buy the company report.
Recent activity
Advanced Fiscal Services Pvt.Ltd. has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Meher Kishore Jadhwani ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Advanced Fiscal Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 08 September 1995 (31+ years old) and is registered under CIN U65999MH1995PTC240160.
Advanced Fiscal Services has 4 current directors:
- Kishore Sewaram Jadwani - Director
- Meher Kishore Jadhwani - Director
- Sharan Kishor Jadhwani - Director
- Riddhi Kishore Jadwani - Director
The latest financial statements of Advanced Fiscal 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 GSTIN of Advanced Fiscal Services is 27AACCA2320G1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advanced Fiscal Services is U65999MH1995PTC240160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanced Fiscal Services has 2 court cases on record: 2 filed by the company. 1 is pending.
Advanced Fiscal Services was incorporated on 08 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Meher Kishore Jadhwani ceased to be Additional Director on 29 Sep 2017. Meher Kishore Jadhwani was appointed as Director on 01 Dec 2016. Sharan Kishor Jadhwani was appointed as Director on 15 Jun 2010. Advanced Fiscal Services has 5 board changes on record in total.
The registered office of Advanced Fiscal Services is at 201 2nd Floor Aza House Next To Andhra Bank Turner Road Commercial Bandra West, Mumbai, Maharashtra, India – 400050.
Advanced Fiscal Services operates in the financial services industry, in the investment and credit nbfc segment.
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