Avinaya Resources Limited
About Avinaya Resources Limited
Data last updated:
Avinaya Resources Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 14 July 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1993PLC072845.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It was led by directors including Hitesh Vrajlal Siraj and Balady Shekar Shetty.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 214 Empire House Dr. D. N. Road Ent. A. K. Nayak Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.25 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹51,771 (net margin 41.4%) and EBITDA of ₹74,273 (EBITDA margin 59.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 8% over five years.
Company details
CIN history
Avinaya Resources has one previous CIN (Corporate Identification Number): U65920MH1993PTC072845. The current CIN is U65920MH1993PLC072845, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65920MH1993PLC072845 | Current |
| U65920MH1993PTC072845 | Previous |
Contact details
Avinaya Resources Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address214 Empire House Dr. D. N. Road Ent. A. K. Nayak Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Avinaya Resources 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
Financials of Avinaya Resources Limited
FY 2022 filings availableAvinaya Resources Limited reported revenue of ₹1.25 Lakh (down 12% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 12% fall in the latest year. EBITDA rose 130% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74,273 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51,771 | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.3% | ||||
| Net Profit Margin | 41.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Avinaya Resources Limited, buy the company report.
Board of directors of Avinaya Resources Limited
Avinaya Resources 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 |
|---|---|---|---|---|
| Hitesh Vrajlal Siraj Also directs: Karma Energy Limited, Weizmann Limited, Koyna Country Cottages Private Limited and 5 more | Director | 31 Jul 2003 | 23 Years 2 Months | As last reported |
| Balady Shekar Shetty Also directs: Karma Energy Limited, Kombai Mettu Energy Projects Limited, Weizmann Digital Limited and 3 more | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
| Chetan Durgadas Mehra | Director | 17 May 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Avinaya Resources Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agio Financial Services Private Limited | ₹1.26 Lakh (FY 2025) | 1144.0% | Thrissur, Kerala, India | |||
| MK Fiscal Services Pvt Ltd | ₹1.26 Lakh (FY 2025) | -92.0% | New Delhi, Delhi, India | |||
| Avinaya Resources Limitedthis company | ₹1.25 Lakh (FY 2022) | ₹51,771 | 41.4% | -12.0% | Mumbai, Maharashtra, India | |
| Surindra Metals Private Limited | ₹1.25 Lakh (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Chanrai Finance Company P Ltd | ₹1.25 Lakh (FY 2025) | 681.0% | Mumbai, Maharashtra, India | |||
| Amarshree Enterprises Private Limited | ₹1.25 Lakh (FY 2024) | -51.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Avinaya Resources Limited, buy the company report.
Auditor
Avinaya Resources Limited is audited by U. B. SURA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U. B. SURA & CO | FY 2022 | 110620W |
Shareholding
The shareholding of Avinaya Resources Limited 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 Avinaya Resources Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avinaya Resources 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 Avinaya Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avinaya Resources has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Avinaya Resources Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avinaya Resources Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Balady Shekar Shetty was appointed as Director on 01 Mar 2019.
Frequently asked questions
Avinaya Resources has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avinaya Resources was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 14 July 1993 and is registered under CIN U65920MH1993PLC072845. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avinaya Resources was incorporated on 14 July 1993. It is registered with the Registrar of Companies, Mumbai.
Avinaya Resources had 3 directors:
- Hitesh Vrajlal Siraj - Director
- Balady Shekar Shetty - Director
- Chetan Durgadas Mehra - Director
The CIN (Corporate Identification Number) of Avinaya Resources is U65920MH1993PLC072845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avinaya Resources is at 214 Empire House Dr. D. N. Road Ent. A. K. Nayak Marg Fort, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Avinaya Resources on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
Avinaya Resources operated in the financial services industry, in the diversified financial services segment.
The peers of Avinaya Resources by revenue are Agio Financial Services Private Limited, MK Fiscal Services Pvt Ltd, Surindra Metals Private Limited, Chanrai Finance Company P Ltd, Amarshree Enterprises Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Balady Shekar Shetty was appointed as Director on 01 Mar 2019. Vishnu Pundalika Kamath ceased to be Director on 01 Mar 2019. Chetan Durgadas Mehra was appointed as Director on 17 May 2014. Avinaya Resources has 7 board changes on record in total.
The compliance status of Avinaya Resources is compliant as of 09 August 2026.