Ashish Fiscal Services Private Limited

Ashish Fiscal Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65100MH1990PTC054859 Incorporated 03 January 1990 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹12.34 Cr
▲ 5% YoY
Net profit · FY 2025
₹6.91 Cr
Net margin 56%
EBITDA · FY 2025
₹10.5 Cr
EBITDA margin 85.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹157.9 Cr
Satisfied ₹496 Cr
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings

About Ashish Fiscal Services Private Limited

Data last updated:

Ashish Fiscal Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 03 January 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH1990PTC054859. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sunil Naraindas Lalwani and Ashish Vaid Girdharilal.

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 115 Maker Chamber III Narimanpoint, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2025, the company reported a revenue of ₹12.34 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.91 Cr (net margin 56%) and EBITDA of ₹10.5 Cr (EBITDA margin 85.1%). Revenue has declined at a compounded annual rate (CAGR) of 28% over five years.

Its group structure includes 2 subsidiaries.

As per MCA filings, the company has open charges of ₹157.9 Cr and satisfied charges of ₹496 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashishestates.com.

Company details

CIN U65100MH1990PTC054859
Registration Number 054859
Incorporation Date 03 January 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Ashish Fiscal Services has one previous CIN (Corporate Identification Number): U74140MH1990PTC054859. The current CIN is U65100MH1990PTC054859, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65100MH1990PTC054859Current
U74140MH1990PTC054859Previous

Contact details

Ashish Fiscal Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is ashishestates.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    115 Maker Chamber III Narimanpoint, Mumbai, Maharashtra, India – 400021
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Ashish Fiscal Services Private Limited, buy the company report.

Comprehensive company report
Ashish Fiscal Services Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ashish Fiscal Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Ashish Fiscal Services Private Limited, buy the company report.

Financials of Ashish Fiscal Services Private Limited

FY 2025 filings available

Ashish Fiscal Services Private Limited reported revenue of ₹12.34 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹12.34 Cr ▲ 5%
Net profit · FY 2025
₹6.91 Cr margin 56%
EBITDA · FY 2025
₹10.5 Cr margin 85.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
5 years · compounded
▼ 28%
EBITDA CAGR growth
5 years · compounded
▼ 16%

Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹10.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.91 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin85.1%
Net Profit Margin56%
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 Ashish Fiscal Services Private Limited, buy the company report.

Board of directors of Ashish Fiscal Services Private Limited

Ashish Fiscal Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunil Naraindas LalwaniDirector10 Aug 20188 Years 2 MonthsCurrent
Ashish Vaid GirdharilalDirector03 Jan 199036 Years 10 MonthsCurrent

Auditor

Ashish Fiscal Services Private Limited is audited by ANJARIA & ANJARIA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ANJARIA & ANJARIAFY 2023031244

Shareholding

The shareholding of Ashish Fiscal Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ashish Fiscal Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹157.9 Cr
Satisfied charges
₹496 Cr
Breakdown by lending institutions
Others₹157.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 May 2025101105653Others₹4 CrOpen
24 Jul 2023100752229Others₹7.9 CrOpen
14 Mar 2019100251086Others₹80 CrOpen
30 Jan 2019100245512Others₹66 CrOpen
18 Apr 2024100907696Others₹30 CrSatisfied

To see the full charge records of Ashish Fiscal Services Private Limited, buy the company report.

Total charge records: 14 View all charges

MSME payment delays

Ashish Fiscal Services Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
SBP & Associates

To see the full MSME payment records of Ashish Fiscal Services Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Ashish Fiscal Services has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Ashish Housing and Construction Pvt LtdU45200MH1982PTC028371
A G Superstructures Private LimitedU70102MH2010PTC209759

To see the full group structure of Ashish Fiscal Services Private Limited, buy the company report.

GST

Ashish Fiscal Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Ashish Fiscal Services Private Limited, buy the company report.

Recent activity

Ashish Fiscal Services Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Sunil Naraindas Lalwani ceased to be Additional Director on 28 Sep 2018.

Charges
A charge registered on 18 Apr 2024 via Charge ID 100907696 with Others was fully satisfied on 26 Nov 2025.
AGM
Ashish Fiscal Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101105653 was registered on 15 May 2025.
Filing
Ashish Fiscal Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100907696 was registered on 18 Apr 2024.
Charges
A charge registered on 23 Dec 2022 via Charge ID 100670604 with Others was fully satisfied on 04 Apr 2024.
Charges
A charge registered on 15 Jun 2022 via Charge ID 100590116 with Tata Capital Financial Services Limited was fully satisfied on 03 Aug 2023.
Charges
A charge with Others amounted to Rs. 7.90 Cr with Charge ID 100752229 was registered on 24 Jul 2023.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 5.00 Cr registered on 15 Jun 2022 with Charge ID 100590116 was modified on 13 Mar 2023.
Charges
A charge with Others of Rs. 80.00 Cr registered on 14 Mar 2019 with Charge ID 100251086 was modified on 10 Mar 2023.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100670604 was registered on 23 Dec 2022.
Charges
A charge registered on 29 Jun 2017 via Charge ID 100116637 with Others was fully satisfied on 12 Aug 2022.

21 earlier events are in the company report.

Frequently asked questions

Ashish Fiscal Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 03 January 1990 (36+ years old) and is registered under CIN U65100MH1990PTC054859.

Ashish Fiscal Services has 2 current directors:

The latest financial statements of Ashish 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.

No. Ashish Fiscal Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Ashish Fiscal Services is U65100MH1990PTC054859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashish Fiscal Services was incorporated on 03 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

Sunil Naraindas Lalwani ceased to be Additional Director on 28 Sep 2018. Girdharilal Vaid ceased to be Director on 28 Aug 2018. Sunil Naraindas Lalwani was appointed as Director on 10 Aug 2018. Ashish Fiscal Services has 4 board changes on record in total.

Ashish Fiscal Services has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.

Ashish Fiscal Services can be reached through the website ashishestates.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Ashish Fiscal Services is at 115 Maker Chamber III Narimanpoint, Mumbai, Maharashtra, India – 400021.

Ashish Fiscal Services operates in the financial services industry, in the nbfc segment.