About Birds Forex Private Limited
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Birds Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 27 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC257627. Its GSTIN is 27AAGCB0402N1ZU (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Urmila Laxman Sonawane and Laxman Bandappa Sonawane.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 509 Vakratunda Corporate Park Goregaon (East) Vishweshwar Nagar, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2018, the company reported a revenue of ₹2,762.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹68.28 Lakh (net margin 0%) and EBITDA of ₹1.55 Cr (EBITDA margin 0.1%).
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.79 Cr and satisfied charges of ₹1.08 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 birdsinternational.in.
Company details
Contact details
Birds Forex Private Limited's registered office is in Mumbai, Maharashtra. Its website is birdsinternational.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address509 Vakratunda Corporate Park Goregaon (East) Vishweshwar Nagar, Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Forex Services
To see the full contact details of Birds Forex Private 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
Business activity
The main business activity of Birds Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Birds Forex Private Limited, buy the company report.
Financials of Birds Forex Private Limited
FY 2018 filings availableBirds Forex Private Limited reported revenue of ₹2,762.16 Cr (up 349% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 349% in the latest year. EBITDA rose 236% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2,762.16 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.55 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹68.28 Lakh | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.1% | |||
| Net Profit Margin | 0% | |||
| 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 Birds Forex Private Limited, buy the company report.
Board of directors of Birds Forex Private Limited
Birds Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urmila Laxman Sonawane | Director | 27 Aug 2014 | 12 Years 1 Months | Current |
| Laxman Bandappa Sonawane | Director | 27 Aug 2014 | 12 Years 1 Months | Current |
| Pranit Laxman Sonawane | Director | 27 Aug 2014 | 12 Years 1 Months | Current |
Peer comparison
Birds Forex Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Money Exchange 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 |
|---|---|---|---|---|---|---|
| Prithvi Exchange (India) Limited | ₹3,526.1 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, India | |||
| Birds Forex Private Limitedthis company | ₹2,762.16 Cr (FY 2018) | ₹68.28 Lakh | 0% | 349.0% | 50 | Mumbai, Maharashtra, India |
| World One India Forex Private Limited | ₹2,604.17 Cr (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Supreme Securities Limited | ₹1,762.82 Cr (FY 2025) | -59.0% | New Delhi, Delhi, India | |||
| Multimoney Forex Limited | ₹1,594.35 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Birds Forex Private Limited, buy the company report.
Auditor
Birds Forex Private Limited is audited by Mohandas & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Co. | FY 2018 | 106529W |
Shareholding
The shareholding of Birds Forex Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Birds Forex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2018 | 100227495 | Others | ₹99 Lakh | Open | |
| 27 Sep 2018 | 100206883 | Others | ₹1.4 Cr | Open | |
| 13 Jul 2016 | 100037836 | Others | ₹1.4 Cr | Open | |
| 30 Sep 2016 | 100054646 | Others | ₹1.08 Cr | Satisfied |
To see the full charge records of Birds Forex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Birds Forex Private 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 Birds Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Birds Forex Private Limited has a workforce of 50 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Birds Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB0402N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Birds Forex Private Limited, buy the company report.
Recent activity
Birds Forex Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Laxman Bandappa Sonawane was appointed as Director on 27 Aug 2014.
Frequently asked questions
Birds Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 27 August 2014 (12+ years old) and is registered under CIN U74999MH2014PTC257627.
Birds Forex has 3 current directors:
- Urmila Laxman Sonawane - Director
- Laxman Bandappa Sonawane - Director
- Pranit Laxman Sonawane - Director
The latest financial statements of Birds Forex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Birds Forex is 27AAGCB0402N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Birds Forex is U74999MH2014PTC257627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Birds Forex was incorporated on 27 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Birds Forex by revenue are Prithvi Exchange (India) Limited, World One India Forex Private Limited, Supreme Securities Limited, Multimoney Forex Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Laxman Bandappa Sonawane was appointed as Director on 27 Aug 2014. Pranit Laxman Sonawane was appointed as Director on 27 Aug 2014. Urmila Laxman Sonawane was appointed as Director on 27 Aug 2014.
Birds Forex can be reached through the website birdsinternational.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Birds Forex is at 509 Vakratunda Corporate Park Goregaon East Vishweshwar Nagar, Mumbai, Maharashtra, India – 400063.
Birds Forex operates in the financial services industry, in the forex services segment.