About Savani Financials
Savani Financials is a publicly listed company based in Mumbai (India) founded in 1983. Financial services are offered by a non-banking company. Its chief executive, as recorded, is Deepa Tracy. Its Indian entity Mantra Capital Limited reported revenue of ₹16.35 Cr. Its focus areas include Asset Management and Diversified. Similar companies include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed similar companies have raised funding.
Company details
Savani Financials Limited was incorporated in 1983 as a medium-sized non-banking financial services entity. Operations are focused on providing financial services within the business segment. The company is headquartered in Mumbai, India, with activities centered on non-banking finance solutions. Core services include various financial offerings tailored to business needs, supporting clients in the Indian market.
- Headquarters Mumbai, India
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Website savanifinancials.co.in
- Social LinkedIn
- Legal Name Savani Financials Ltd
- Market Cap₹61.72 Cr
MANTRA · BSE
- Share Price₹17.34
+5.03% today
- Revenue₹16.32 Cr
FY 2025-26 · +375.8% YoY
- EBITDA−₹7.30 Cr
Margin -44.7%
- Net Profit−₹13.46 Cr
FY 2025-26 · -53.3% YoY
- Debt / Equity1.43
Interest cover -78.7x
Associated legal entities of Savani Financials
Savani Financials operates through Mantra Capital Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mantra Capital Limited Listed CIN L67120MH1983PLC031614 | Active | 21 Dec 1983 | Mumbai, Maharashtra | ₹16.4 Cr | 19 | 11 | View details |
Board of directors of Mantra Capital Limited (Savani Financials)
Mantra Capital Limited is the primary company behind Savani Financials. The board of Mantra Capital Limited currently have 8 directors; the longest-serving is Deepa Kishor Tracy, appointed in 2012. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepa Kishor Tracy DIN 00516615 | Managing Director | 11 May 2012 | 14 yrs 5 mo | Mantra Capital Limited |
| Ajay Anantrai Patadia DIN 00298226 | Director | 29 May 2023 | 3 yrs 5 mo | Mantra Capital Limited |
| Vikrant Prabhakar Ponkshe DIN 06985597 | Director | 02 Feb 2024 | 2 yrs 8 mo | Mantra Capital Limited |
| Ravishankar Ramamoorthy DIN 01907858 | Director | 10 Apr 2024 | 2 yrs 6 mo | Mantra Capital Limited |
| Purvi Ramesh Ambani DIN 06546129 | Director | 10 Apr 2024 | 2 yrs 6 mo | Mantra Capital Limited |
| Jitendra Laxmidas Negandhi DIN 00787799 | Director | 10 Apr 2024 | 2 yrs 6 mo | Mantra Capital Limited |
| Jatinder Mohan Singh Shah DIN 08245632 | CEO | 12 Aug 2024 | 2 yrs 2 mo | Mantra Capital Limited |
| Puspraj Ramshila Pandey DIN 07657286 | Company Secretary | 30 Dec 2025 | 10 mo | Mantra Capital Limited |
People of Savani Financials
1 people are tracked at Savani Financials (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Savani Financials
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Savani Financials
Savani Financials is a publicly listed company on the BSE with ticker symbol SAVFI in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Oct 2001
- Listed onBSE: 511571
- Listed entitySavani Financials Ltd
- Exchange sectorFinance
- ISININE304E01010
- Share price₹15.09 (+4.72% on the day) · 2026-02-08
- Market capitalisation₹48.3 Cr
- EPS (diluted, trailing year)₹-4.01
- Volume (last session)5,854
- Analyst consensusNo rating
Financials of Savani Financials
Exchange-reported figures of Mantra Capital Limited, the listed company behind Savani Financials (BSE: MANTRA).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 16.32 | 3.43 | 0.12 | 0.11 | 0.11 | 0.13 | 0.14 |
| Revenue growth | +375.8% | +2758.3% | +9.1% | 0.0% | -15.4% | -7.1% | - |
| EBITDA | (7.30) | (8.42) | (1.93) | (0.08) | 0.02 | 0.05 | 0.02 |
| EBITDA margin | -44.7% | -245.5% | -1608.3% | -72.7% | +18.2% | +38.5% | +14.3% |
| Profit before tax | (13.59) | (8.83) | (2.00) | (0.08) | 0.02 | 0.05 | 0.02 |
| Net profit | (13.46) | (8.78) | (2.00) | (0.08) | 0.02 | 0.05 | 0.02 |
| Net profit margin | -82.5% | -256.0% | -1666.7% | -72.7% | +18.2% | +38.5% | +14.3% |
| EPS (₹) | (4.21) | (2.75) | (5.00) | (0.18) | 0.04 | 0.11 | 0.05 |
| Balance sheet | |||||||
| Total assets | 118 | 44.90 | 2.32 | 2.10 | 2.18 | 2.16 | 2.12 |
| Net worth | 27.26 | 39.96 | 0.10 | 2.10 | 2.18 | 2.16 | 2.12 |
| Total debt | 90.95 | 4.94 | 2.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 3.98 | 6.81 | 2.28 | 2.04 | 0.37 | 0.43 | 1.78 |
| Net working capital | 3.68 | 4.86 | 2.24 | 2.10 | 0.42 | 0.51 | 1.87 |
| Cash flow | |||||||
| Cash from operations | (82.03) | (34.15) | (2.06) | (0.08) | 0.04 | 0.05 | 0.05 |
| Cash from investing | (1.76) | (10.97) | 0.13 | 0.23 | (0.11) | (0.05) | (0.02) |
| Cash from financing | 80.09 | 51.21 | 2.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.88 | 5.84 | 5.59 | 4.84 | 3.43 | 2.41 | 1.75 | 0.77 |
| Revenue growth (YoY) | +71.4% | +142.3% | +219.4% | +528.6% | +369.9% | +1238.9% | - | - |
| Other income | 0.00 | 0.04 | 0.01 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Total expenses | 8.49 | 6.61 | 7.69 | 5.93 | 5.46 | 4.69 | 5.69 | 2.59 |
| EBITDA | (2.61) | (0.77) | (2.10) | (1.09) | (2.03) | (2.28) | (3.94) | (1.82) |
| EBITDA margin | -45.2% | -13.5% | -38.3% | -23.3% | -61.7% | -96.6% | -241.7% | -242.7% |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.10 | 0.09 |
| Interest | 2.92 | 3.07 | 2.69 | 1.95 | 1.11 | 0.25 | 0.02 | 0.02 |
| Profit before tax | (5.61) | (3.88) | (4.86) | (3.12) | (3.21) | (2.58) | (4.06) | (1.93) |
| Tax | (7.45) | 0.07 | (0.04) | (0.05) | (0.01) | (0.03) | (0.05) | 0.00 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.88 | 5.84 | 5.59 | 4.84 | 3.43 | 2.41 | 1.75 | 0.77 |
| Revenue growth (YoY) | +71.4% | +142.3% | +219.4% | +528.6% | +369.9% | +1238.9% | - | - |
| Other income | 0.00 | 0.04 | 0.01 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Total expenses | 8.49 | 6.61 | 7.69 | 5.93 | 5.46 | 4.69 | 5.69 | 2.59 |
| EBITDA | (2.61) | (0.77) | (2.10) | (1.09) | (2.03) | (2.28) | (3.94) | (1.82) |
| EBITDA margin | -45.2% | -13.5% | -38.3% | -23.3% | -61.7% | -96.6% | -241.7% | -242.7% |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.10 | 0.09 |
| Interest | 2.92 | 3.07 | 2.69 | 1.95 | 1.11 | 0.25 | 0.02 | 0.02 |
| Profit before tax | (5.61) | (3.88) | (4.86) | (3.12) | (3.21) | (2.58) | (4.06) | (1.93) |
| Tax | (7.45) | 0.07 | (0.04) | (0.05) | (0.01) | (0.03) | (0.05) | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 16.32 | 3.43 | 0.12 | 0.11 | 0.11 | 0.13 | 0.14 |
| Revenue growth | +375.8% | +2758.3% | +9.1% | 0.0% | -15.4% | -7.1% | - |
| Other income | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 23.62 | 11.85 | 2.05 | 0.19 | 0.09 | 0.08 | 0.12 |
| Employee cost | 0.00 | 4.82 | 0.28 | 0.03 | 0.00 | 0.00 | 0.00 |
| EBITDA | (7.30) | (8.42) | (1.93) | (0.08) | 0.02 | 0.05 | 0.02 |
| EBITDA margin | -44.7% | -245.5% | -1608.3% | -72.7% | +18.2% | +38.5% | +14.3% |
| Depreciation | 0.32 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 6.00 | 0.14 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (13.59) | (8.83) | (2.00) | (0.08) | 0.02 | 0.05 | 0.02 |
| Tax | (0.13) | (0.05) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (13.46) | (8.78) | (2.00) | (0.08) | 0.02 | 0.05 | 0.02 |
| Net profit margin | -82.5% | -256.0% | -1666.7% | -72.7% | +18.2% | +38.5% | +14.3% |
| EPS (₹) | (4.21) | (2.75) | (5.00) | (0.18) | 0.04 | 0.11 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 31.99 | 31.99 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Reserves & surplus | (5.38) | 7.97 | (3.90) | (1.90) | (1.82) | (1.84) | (1.88) |
| Shareholders' funds (net worth) | 27.26 | 39.96 | 0.10 | 2.10 | 2.18 | 2.16 | 2.12 |
| Secured loans | 90.95 | 4.94 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 2.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 90.95 | 4.94 | 2.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 118 | 44.90 | 2.32 | 2.10 | 2.18 | 2.16 | 2.12 |
| Assets | |||||||
| Gross block | 1.14 | 1.35 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.71 | 1.08 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.69 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 13.03 | 12.77 | 0.00 | 0.00 | 1.75 | 1.65 | 0.25 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 3.98 | 6.81 | 2.28 | 2.04 | 0.37 | 0.43 | 1.78 |
| Loans & advances | 2.35 | 1.42 | 0.31 | 0.09 | 0.07 | 0.10 | 0.10 |
| Total current assets | 6.33 | 8.23 | 2.59 | 2.13 | 0.44 | 0.53 | 1.88 |
| Total current liabilities | 2.65 | 3.37 | 0.35 | 0.03 | 0.02 | 0.02 | 0.01 |
| Net working capital | 3.68 | 4.86 | 2.24 | 2.10 | 0.42 | 0.51 | 1.87 |
| Total assets | 118 | 44.90 | 2.32 | 2.10 | 2.18 | 2.16 | 2.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.52 | 0.43 | 0.15 | 0.01 | 0.08 | 0.08 | 0.05 |
| Net cash from operating activities | (82.03) | (34.15) | (2.06) | (0.08) | 0.04 | 0.05 | 0.05 |
| Net cash from investing activities | (1.76) | (10.97) | 0.13 | 0.23 | (0.11) | (0.05) | (0.02) |
| Net cash from financing activities | 80.09 | 51.21 | 2.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | (3.71) | 6.09 | 0.28 | 0.14 | (0.07) | 0.00 | 0.03 |
| Closing cash | 3.98 | 6.81 | 2.28 | 2.04 | 0.37 | 0.43 | 1.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +375.8% | +2758.3% | +9.1% | 0.0% | -15.4% | -7.1% | - |
| EBITDA growth | +13.3% | -336.3% | -2312.5% | -500.0% | -60.0% | +150.0% | - |
| PBT growth | -53.9% | -341.5% | -2400.0% | - | -60.0% | +150.0% | +100.0% |
| Net income growth | -53.3% | -339.0% | -2400.0% | -500.0% | -60.0% | +150.0% | - |
| Revenue CAGR (3Y) | +429.4% | +212.6% | -2.6% | -7.7% | -5.4% | -4.7% | -6.3% |
| EBITDA CAGR (3Y) | +350.2% | - | - | - | +26.0% | -5.9% | -34.1% |
| Profitability & leverage | |||||||
| Net income margin | -82.5% | -261.3% | -1666.7% | -72.7% | +18.2% | +38.5% | +14.3% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | +0.3% | +0.7% | +0.4% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | +0.3% | +0.7% | +0.4% |
| Debt / equity | 1.43 | 0.18 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 1.43 | 0.18 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -78.74 | -1.61 | -3.63 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 13.13 | 4.70 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (4.21) | (2.75) | (5.00) | (0.18) | 0.04 | 0.11 | 0.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 8.32 | 12.49 | 0.25 | 5.26 | 5.44 | 5.40 | 5.29 |
Similar companies to Savani Financials
Savani Financials has 3 listed similar companies in our database, 2 of them funded. They include UTI Mutual Fund, 360 One and Avendus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| avendus.com | 1999 | Mumbai, India | $178.11M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed similar companies of Savani Financials
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Web traffic of Savani Financials
Websites that share an audience with Savani Financials (savanifinancials.co.in).
Websites whose visitors overlap most with Savani Financials. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indelmoney.com | 100% | 15.4K | #1,829,349 | View details | |
| sonataindia.com | 95% | 4.3K | #4,351,432 | View details | |
| srei.com | 94% | 15.5K | #1,412,129 | View details |
Top companies in Asset Management
3 companies that operate in the same segment as Savani Financials (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about Savani Financials
Savani Financials was founded in 1983.
Savani Financials is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Deepa Tracy is the CEO of Savani Financials, as recorded in our data.
The primary company behind Savani Financials, Mantra Capital Limited, reported revenue of ₹16.35 Cr for FY 2026, up 376% year on year.
Savani Financials Limited was incorporated in 1983 as a medium-sized non-banking financial services entity. Operations are focused on providing financial services within the business segment. The company is headquartered in Mumbai, India, with activities centered on non-banking finance solutions. Core services include various financial offerings tailored to business needs, supporting clients in the Indian market.
Savani Financials's top competitors include UTI Mutual Fund, Avendus and 360 One.
Yes, Savani Financials is publicly traded on BSE under the ticker symbol SAVFI.
Savani Financials operates through Mantra Capital Limited.
The legal entities of Savani Financials currently have 10 directors, including Jatinder Mohan Singh Shah, Darsh Sunil Mehta, Vikrant Prabhakar Ponkshe and others.