Winro Commercial

Mumbai, India Founded: 1983 • Age: 43 yrs Listed
Offers lending and investment services as a non-banking financial company.

About Winro Commercial

Winro Commercial is a publicly listed company based in Mumbai (India) founded in 1983. It offers lending and investment services as a non-banking financial company. It operates on a B2B model. Its Indian entity Winro Commercial (India) Ltd reported revenue of ₹134 Cr. Winro Commercial offers products and services including Lending Services. Its focus areas include Finance, Non-Banking Financial, Lending and Investments. Similar companies include Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS and 5 more; 4 of its 10 listed similar companies have raised funding.

Company details

Winro Commercial (India) Limited, incorporated in 1983, operates as a public limited company registered with the Reserve Bank of India as a Non-Banking Financial Company. It focuses on lending and investment activities, serving clients through financial services. The company is listed on BSE Ltd and has its registered office in Mumbai, India, where it manages operations and complies with regulations.

  • Headquarters Mumbai, India
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Website winrocommercial.com
  • Legal Name Winro Commercial (India) Ltd
  • Date of Incorporation 15 Jan, 1983
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
  • Market Cap
    ₹30.56 Cr

    WINROC · BSE

  • Share Price
    ₹244.45

    0.00% today

  • Revenue
    ₹140 Cr

    FY 2025-26 · -68.9% YoY

  • EBITDA
    ₹128 Cr

    Margin 91.9%

  • Net Profit
    ₹194 Cr

    FY 2025-26 · -51.8% YoY

Products & Services of Winro Commercial

Winro Commercial offers a comprehensive portfolio of products and services, including Lending Services.

Lending Services
Financial Services

Provides lending and investment activities to business clients

Board of directors of Winro Commercial (India) Ltd (Winro Commercial)

Winro Commercial (India) Ltd is the primary company behind Winro Commercial. The board of Winro Commercial (India) Ltd currently have 6 directors; the longest-serving is Hetal Rajnikant Khalpada, appointed in 2018. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hetal Rajnikant Khalpada
DIN 00055823
Director12 Nov 20187 yrs 11 moWinro Commercial (India) Ltd
Vallabh Prasad Biyani
DIN 00043358
Director12 Aug 20206 yrs 2 moWinro Commercial (India) Ltd
Sandeep Kumar Kejariwal
DIN 00053755
Director01 Oct 20206 yrsWinro Commercial (India) Ltd
Rupal Anand Vora
DIN 07096253
Director14 Feb 20224 yrs 8 moWinro Commercial (India) Ltd
Ritesh Vijay Zaveri
DIN 00054741
Whole-time director09 Oct 20242 yrsWinro Commercial (India) Ltd
Rohit Ashwin Kothari
DIN 00054811
Director30 May 20251 yr 4 moWinro Commercial (India) Ltd

IPO & Listings of Winro Commercial

Winro Commercial is a publicly listed company on the BSE with ticker symbol WINROC 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.

  • Listed onBSE: WINROC
  • Listed entityWinro Commercial (India) Ltd
  • Exchange sectorFinance

Financials of Winro Commercial

Exchange-reported figures of Winro Commercial (India) Ltd, the listed company behind Winro Commercial (BSE: WINROC).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹140 Cr
-68.9% YoY
EBITDA
₹128 Cr
-70.7% YoY
Profit After Tax
₹194 Cr
-51.8% YoY
Net Worth
₹2,860 Cr
+8.7% YoY
Total Assets
₹2,860 Cr
+7.9% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14044844113417992.229.42
Revenue growth-68.9%+1.7%+228.4%-24.8%+93.6%+879.0%-
EBITDA12843843212917589.85(51.15)
EBITDA margin+91.9%+97.6%+98.1%+96.1%+97.9%+97.4%-543.0%
Profit before tax12542642511817287.57(51.28)
Net profit19440248282.37180111(58.08)
Net profit margin+138.8%+89.6%+109.3%+61.4%+100.6%+120.5%-616.6%
EPS (₹)1,546.213,209.283,846.25657.711,434.98887.58(463.81)
Balance sheet
Total assets2,8602,6511,9691,3021,334769395
Net worth2,8602,6301,9391,2081,140769395
Total debt0.0020.1530.0093.841940.000.04
Cash & bank20.453.4524.015.151500.047.80
Net working capital64.5123412661.6522928.9132.95
Cash flow
Cash from operations79.07(113)(57.25)(32.80)(33.16)79.3943.51
Cash from investing(39.53)113146148(159)(85.33)(36.68)
Cash from financing(22.55)(20.98)(69.75)(110)192(1.81)(0.02)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295(90.46)34.6712372.44(30.25)(29.69)326
Revenue growth (YoY)+307.5%-199.0%+216.8%-62.3%-60.3%---
Other income0.000.000.000.000.010.010.000.00
EBITDA292(93.29)32.6812068.90(31.96)(33.34)323
EBITDA margin+99.1%+103.1%+94.3%+97.6%+95.1%+105.7%+112.3%+99.1%
Depreciation0.030.050.050.050.050.070.060.06
Interest0.010.370.820.830.541.972.944.36
Profit before tax292(93.71)31.8111968.32(33.99)(36.34)319
Tax44.39(12.44)6.2620.2210.60(4.45)(0.62)53.52
Net profit248(81.27)25.5598.8057.72(29.54)(35.72)265
EPS (₹)3,704.66(1,055.46)489.341,321.081,041.09(204.28)(542.76)2,580.94
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14044844113417992.229.42
Revenue growth-68.9%+1.7%+228.4%-24.8%+93.6%+879.0%-
EBITDA12843843212917589.85(51.15)
EBITDA margin+91.9%+97.6%+98.1%+96.1%+97.9%+97.4%-543.0%
Profit before tax12542642511817287.57(51.28)
Net profit10134035793.2214856.65(33.82)
Net profit margin+72.3%+75.8%+81.1%+69.4%+83.0%+61.4%-359.0%
EPS (₹)804.862,715.862,853.23744.301,183.28452.35(270.11)
Balance sheet
Total assets2,7772,6662,0491,3441,369778399
Net worth2,7772,6462,0191,2501,175778399
Total debt0.0020.1530.0093.841940.000.04
Cash & bank20.453.4524.015.151500.047.80
Net working capital64.5123412661.6522928.9132.95
Cash flow
Cash from operations79.07(113)(57.25)(32.80)(33.16)79.3943.51
Cash from investing(39.53)113146148(159)(85.33)(36.68)
Cash from financing(22.55)(20.98)(69.75)(110)192(1.81)(0.02)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295(90.46)34.6712372.44(30.25)(29.69)326
Revenue growth (YoY)+307.5%-199.0%+216.8%-62.3%-60.3%---
Other income0.000.000.000.000.010.010.000.00
Total expenses2.792.831.993.003.541.713.652.89
EBITDA292(93.29)32.6812068.90(31.96)(33.34)323
EBITDA margin+99.1%+103.1%+94.3%+97.6%+95.1%+105.7%+112.3%+99.1%
Depreciation0.030.050.050.050.050.070.060.06
Interest0.010.370.820.830.541.972.944.36
Profit before tax292(93.71)31.8111968.32(33.99)(36.34)319
Tax44.39(12.44)6.2620.2210.60(4.45)(0.62)53.52

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295(90.46)34.6712372.44(30.25)(29.69)326
Revenue growth (YoY)+307.5%-199.0%+216.8%-62.3%-60.3%---
Other income0.000.000.000.000.010.010.000.00
EBITDA292(93.29)32.6812068.90(31.96)(33.34)323
EBITDA margin+99.1%+103.1%+94.3%+97.6%+95.1%+105.7%+112.3%+99.1%
Depreciation0.030.050.050.050.050.070.060.06
Interest0.010.370.820.830.541.972.944.36
Profit before tax292(93.71)31.8111968.32(33.99)(36.34)319
Tax44.39(12.44)6.2620.2210.60(4.45)(0.62)53.52
Net profit248(81.27)25.5598.8057.72(29.54)(35.72)265
EPS (₹)3,704.66(1,055.46)489.341,321.081,041.09(204.28)(542.76)2,580.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14044844113417992.229.42
Revenue growth-68.9%+1.7%+228.4%-24.8%+93.6%+879.0%-
Other income0.010.010.000.000.000.010.01
Total expenses11.3510.818.485.313.802.3760.57
Employee cost0.002.433.122.352.131.711.18
EBITDA12843843212917589.85(51.15)
EBITDA margin+91.9%+97.6%+98.1%+96.1%+97.9%+97.4%-543.0%
Depreciation0.200.250.310.430.610.220.11
Interest2.5611.406.8510.272.462.070.03
Profit before tax12542642511817287.57(51.28)
Tax24.6385.8967.8725.0423.5030.92(17.46)
Net profit19440248282.37180111(58.08)
Net profit margin+138.8%+89.6%+109.3%+61.4%+100.6%+120.5%-616.6%
EPS (₹)1,546.213,209.283,846.25657.711,434.98887.58(463.81)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital1.251.251.251.251.251.251.25
Reserves & surplus2,8482,6251,9341,2031,139768393
Shareholders' funds (net worth)2,8602,6301,9391,2081,140769395
Minority interest0.000.000.000.000.000.000.00
Secured loans0.0020.1530.0093.841750.000.00
Unsecured loans0.000.000.000.0018.690.000.04
Total debt0.0020.1530.0093.841940.000.04
Total liabilities2,8602,6511,9691,3021,334769395
Assets
Gross block2.523.132.962.932.922.900.91
Net block0.461.111.181.471.892.480.71
Capital work in progress0.000.000.000.000.000.000.00
Investments2,7252,4591,8361,2481,142742307
Inventories43.6721110456.950.1023.4417.91
Sundry debtors6.3811.0326.861.010.831.381.81
Cash & bank balances20.453.4524.015.151500.047.80
Loans & advances2.8813.502.190.1882.835.065.74
Total current assets73.3823915763.2923429.9233.26
Total current liabilities8.875.7130.901.644.931.010.31
Net working capital64.5123412661.6522928.9132.95
Total assets2,8602,6511,9691,3021,334769395
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.4524.015.150.130.047.800.98
Net cash from operating activities79.07(113)(57.25)(32.80)(33.16)79.3943.51
Net cash from investing activities(39.53)113146148(159)(85.33)(36.68)
Net cash from financing activities(22.55)(20.98)(69.75)(110)192(1.81)(0.02)
Net change in cash17.00(20.56)18.865.020.09(7.76)6.82
Closing cash20.453.4524.015.151500.047.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-68.9%+1.7%+228.4%-24.8%+93.6%+879.0%-
EBITDA growth-70.7%+1.2%+235.3%-26.2%+94.5%+275.7%-
PBT growth-70.6%+0.2%+259.6%-31.1%+96.1%+9998.0%-
Net income growth-51.8%-16.6%+484.9%-54.2%+61.7%+291.4%-
Revenue CAGR (3Y)+1.3%+35.9%+68.5%+142.5%+55.7%+38.5%-15.8%
EBITDA CAGR (3Y)-0.2%+35.8%+68.8%-+57.3%+42.1%-
Profitability & leverage
Net income margin+72.3%+75.8%+81.1%+69.4%+83.0%+61.4%-359.0%
Return on capital employed-+18.9%+26.4%+9.8%+16.6%+15.4%-12.4%
Return on net worth-+14.9%+22.7%+7.9%+15.5%+9.7%-8.2%
Debt / equity-0.010.040.120.100.000.00
Long-term debt / equity-0.010.040.120.100.000.00
Interest cover2.002.611.597.991.412.31-0.06
Efficiency & per share
Fixed asset turnover-147.29149.7045.9061.3648.412.04
Inventory turnover-2.855.494.7115.174.460.15
Debtors turnover-23.6731.64145.95161.6057.827.23
EPS (₹)1,546.213,209.283,846.25657.711,434.98887.58(463.81)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0020,971.5515,453.779,613.779,100.086,141.023,150.01
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295(90.46)34.6712372.44(30.25)(29.69)326
Revenue growth (YoY)+307.5%-199.0%+216.8%-62.3%-60.3%---
Other income0.000.000.000.000.010.010.000.00
Total expenses2.792.831.993.003.541.713.652.89
EBITDA292(93.29)32.6812068.90(31.96)(33.34)323
EBITDA margin+99.1%+103.1%+94.3%+97.6%+95.1%+105.7%+112.3%+99.1%
Depreciation0.030.050.050.050.050.070.060.06
Interest0.010.370.820.830.541.972.944.36
Profit before tax292(93.71)31.8111968.32(33.99)(36.34)319
Tax44.39(12.44)6.2620.2210.60(4.45)(0.62)53.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14044844113417992.229.42
Revenue growth-68.9%+1.7%+228.4%-24.8%+93.6%+879.0%-
Other income0.010.000.000.000.000.010.01
Total expenses11.3510.818.485.313.802.3760.57
Employee cost0.002.433.122.352.131.711.18
EBITDA12843843212917589.85(51.15)
EBITDA margin+91.9%+97.6%+98.1%+96.1%+97.9%+97.4%-543.0%
Depreciation0.200.250.310.430.610.220.11
Interest2.5611.406.8510.272.462.070.03
Profit before tax12542642511817287.57(51.28)
Tax24.6385.8967.8725.0423.5030.92(17.46)
Net profit10134035793.2214856.65(33.82)
Net profit margin+72.3%+75.8%+81.1%+69.4%+83.0%+61.4%-359.0%
EPS (₹)804.862,715.862,853.23744.301,183.28452.35(270.11)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital1.251.251.251.251.251.251.25
Reserves & surplus2,7762,6452,0171,2481,174777397
Shareholders' funds (net worth)2,7772,6462,0191,2501,175778399
Secured loans0.0020.1530.0093.841750.000.00
Unsecured loans0.000.000.000.0018.690.000.04
Total debt0.0020.1530.0093.841940.000.04
Total liabilities2,7772,6662,0491,3441,369778399
Assets
Gross block2.523.132.962.932.922.900.91
Net block0.461.111.181.471.892.480.71
Capital work in progress0.000.000.000.000.000.000.00
Investments2,7722,6022,0031,3441,230789326
Inventories43.6721110456.950.1023.4417.91
Sundry debtors6.3811.0326.861.010.831.381.81
Cash & bank balances20.453.4524.015.151500.047.80
Loans & advances2.8813.502.190.1882.835.065.75
Total current assets73.3823915763.2923429.9233.27
Total current liabilities8.875.7230.891.644.931.010.32
Net working capital64.5123412661.6522928.9132.95
Total assets2,7772,6662,0491,3441,369778399
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.4524.015.150.130.047.800.98
Net cash from operating activities79.07(113)(57.25)(32.80)(33.16)79.3943.51
Net cash from investing activities(39.53)113146148(159)(85.33)(36.68)
Net cash from financing activities(22.55)(20.98)(69.75)(110)192(1.81)(0.02)
Net change in cash17.00(20.56)18.865.020.09(7.76)6.82
Closing cash20.453.4524.015.151500.047.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-68.9%+1.7%+228.4%-24.8%+93.6%+879.0%-
EBITDA growth-70.7%+1.2%+235.3%-26.2%+94.5%+275.7%-
PBT growth-70.6%+0.2%+259.6%-31.1%+96.1%+9998.0%-
Net income growth-70.4%-4.8%+283.4%-37.1%+161.6%+267.5%-
Revenue CAGR (3Y)+1.3%+35.9%+68.5%+142.5%+76.6%+38.5%-15.8%
EBITDA CAGR (3Y)-0.2%+35.8%+68.8%-+174.3%+42.1%-
Profitability & leverage
Net income margin+72.3%+75.8%+81.1%+69.4%+83.0%+61.4%-359.0%
Return on capital employed-+18.6%+25.5%+9.5%+16.2%+15.2%-13.3%
Return on net worth-+14.6%+21.9%+7.7%+15.2%+9.6%-8.8%
Debt / equity-0.010.040.120.100.000.00
Long-term debt / equity-0.010.040.110.090.000.00
Interest cover2.002.611.597.991.412.31-0.06
Efficiency & per share
Fixed asset turnover-147.29149.7045.9061.3648.4110.36
Inventory turnover-2.855.494.7115.174.460.15
Debtors turnover-23.6731.64145.95161.6057.827.67
EPS (₹)804.862,715.862,853.23744.301,183.28452.35(270.11)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0021,126.5316,116.329,977.319,383.226,211.843,182.29

Similar companies to Winro Commercial

Winro Commercial has 10 listed similar companies in our database, 4 of them funded. They include Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fidelity.com1946Boston, United States$517.99M24,000
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
utimf.com2001Mumbai, India$142.4M1,468
Mutual funds, portfolio management, and retirement planning services are offered.
spglobal.com1917New York, United States$8M5,000
Platform offering business intelligence solutions that combine data and actionable analytics for clients
bankofamerica.com1904Charlotte, United States–208,000
Commercial banking and asset management services are offered worldwide.
fisglobal.com1968Jacksonville, United States–22,604
Software suites for banks and financial institutions are provided.
statestreet.com1792Boston, United States–46,000
Financial services are provided to asset managers worldwide.
360.one2008Mumbai, India–65
Asset and wealth management software is provided for businesses.
avendus.com1999Mumbai, India$178.11M215
Corporate advisory and investment services are provided to clients.
sundaramfinance.in1954Chennai, India–8,285
Provider of consumer & SME loans and equipment & vehicle leasing services
goldmansachs.com1869New York, United States–333
Investment banking services are delivered across multiple financial sectors.
Premium access

Detailed similar companies of Winro Commercial

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Winro Commercial

The website of Winro Commercial (winrocommercial.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 22.8% vs previous month

Top companies in Housing Finance

10 companies that operate in the same segment as Winro Commercial (Housing Finance), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operates an online platform for educational loans tailored to students.
2019Bengaluru, Karnataka, India–USD 24.31 M1,250
Loans for housing and business are provided by Aavas Financiers in India.
2011Jaipur, Rajasthan, India–USD 99.6 M6,379
Affordable housing and community support services are provided.
2016Newbury, England, United Kingdom–––
Finance services encompassing loans and insurance in India.
1991Jaipur, Rajasthan, India–USD 8.21 M–
Functions as an urban co-operative bank providing financial services to members.
1906Pune, Maharashtra, India–––
Platform for booking verified student housing near universities worldwide.
2016Noida, Uttar Pradesh, IndiaUSD 2.63 MUSD 491.7 K–
Serves as a provider of home loan financing solutions.
2013Palwal, Haryana, India–USD 12.79 M419
Provides residential and commercial property loan solutions.
–Mumbai, Maharashtra, India–USD 9.31 M1,730
Short-term financing is offered for residential construction projects.
2005Calgary, Alberta, Canada–USD 5.55 M49
Piramal Housing Finance, a Piramal Group subsidiary, specializes in home loans for individuals.
2017Mumbai, Maharashtra, India–USD 779.37 M941
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Winro Commercial

Premium access

Complete news archive for Winro Commercial

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Winro Commercial

Winro Commercial was founded in 1983.

Winro Commercial is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Winro Commercial, Winro Commercial (India) Ltd, reported revenue of ₹134 Cr for FY 2023, down 25% year on year.

Winro Commercial (India) Limited, incorporated in 1983, operates as a public limited company registered with the Reserve Bank of India as a Non-Banking Financial Company. It focuses on lending and investment activities, serving clients through financial services. The company is listed on BSE Ltd and has its registered office in Mumbai, India, where it manages operations and complies with regulations.

Winro Commercial's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.

Winro Commercial offers Lending Services.

Yes, Winro Commercial is publicly traded on BSE under the ticker symbol WINROC.

Winro Commercial operates through Winro Commercial (India) Ltd.

The legal entities of Winro Commercial currently have 8 directors, including Hetal Rajnikant Khalpada, Rupal Anand Vora, Sandeep Kumar Kejariwal and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available