Cheers Financial Services Pvt Ltd

Cheers Financial Services Pvt Ltd - financial services in Guwahati, Assam, India. FY 2026 financials & compliance.
CIN U67120AS1994PTC004295 Incorporated 15 November 1994 ROC Guwahati HQ Guwahati, Assam, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹4.03 Cr
▲ 18% YoY
Net profit · FY 2025
₹73.38 Lakh
Net margin 18.2%
EBITDA · FY 2025
₹2.78 Cr
EBITDA margin 68.9%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
5
As per MCA filings
Active GSTINs
2
GST registered

About Cheers Financial Services Pvt Ltd

Data last updated:

Cheers Financial Services Pvt Ltd is a private limited company based in Guwahati, Assam, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 15 November 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U67120AS1994PTC004295. Its GSTIN is 08AABCC2050J1ZY (Rajasthan). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Pawan Kumar Jain and Madhu Bothra.

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 R.Dutta Building 2nd Floor A.T. Road, Guwahati, Assam, India – 781001.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.03 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹73.38 Lakh (net margin 18.2%) and EBITDA of ₹2.78 Cr (EBITDA margin 68.9%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 25% over five years.

Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.

Cheers Financial Services Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-16-0006831). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U67120AS1994PTC004295
Registration Number 004295
Incorporation Date 15 November 1994
ROC Guwahati
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-AS-16-0006831
Key People
Pawan Kumar Jain Director Madhu Bothra Director Manoj Kumar Jain Director

Recognitions & Rankings of Cheers Financial Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-AS-16-0006831

Contact details

Cheers Financial Services Pvt Ltd's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    R.Dutta Building 2nd Floor A.T. Road, Guwahati, Assam, India – 781001
  • Industry
    Financial Services, Asset Financing Companies, Investment & Credit NBFC, NBFC

To see the full contact details of Cheers Financial Services Pvt Ltd, buy the company report.

Comprehensive company report
Cheers Financial Services Pvt Ltd - 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 Cheers Financial Services is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Cheers Financial Services Pvt Ltd, buy the company report.

Financials of Cheers Financial Services Pvt Ltd

FY 2025 filings available

Cheers Financial Services Pvt Ltd reported revenue of ₹4.03 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹4.03 Cr ▲ 18%
Net profit · FY 2025
₹73.38 Lakh margin 18.2%
EBITDA · FY 2025
₹2.78 Cr margin 68.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 48%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 58%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 18% growth in the latest year. EBITDA rose 22% 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

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₹2.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹73.38 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin68.9%
Net Profit Margin18.2%
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 Cheers Financial Services Pvt Ltd, buy the company report.

Board of directors of Cheers Financial Services Pvt Ltd

Cheers Financial Services has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pawan Kumar JainDirector10 Jan 200521 Years 9 MonthsCurrent
Madhu BothraDirector18 Jan 200620 Years 9 MonthsCurrent
Manoj Kumar JainDirector18 Jan 200620 Years 9 MonthsCurrent
Rahul BothraDirector16 Feb 20188 Years 8 MonthsCurrent
Gyan Chand BothraDirector10 Jan 200521 Years 9 MonthsCurrent
View all directors

Peer comparison

Cheers Financial Services Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Spectrum Stock Services Pvt Ltd₹4.06 Cr (FY 2024)359.0%Kolkata, West Bengal, India
Cheers Financial Services Pvt Ltdthis company₹4.03 Cr (FY 2025)₹73.38 Lakh18.2%18.0%Guwahati, Assam, India
Sheth Commercial Pvt.Ltd.₹4.02 Cr (FY 2024)22.0%Kolkata, West Bengal, India
Hela Holdings Pvt.Ltd.₹4.02 Cr (FY 2025)-78.0%Kolkata, West Bengal, India
Futuristic Solutions Limited₹4.02 Cr (FY 2019)1245.0%Delhi, India

To see the full peer comparison of Cheers Financial Services Pvt Ltd, buy the company report.

Auditor

Cheers Financial Services Pvt Ltd is audited by RAJESH SURANA & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
RAJESH SURANA & COFY 2018325658E

Shareholding

The shareholding of Cheers Financial Services Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cheers Financial Services Pvt Ltd, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cheers Financial Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Cheers Financial Services has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
08AABCC2050J1ZYRajasthanActive15 Mar 2022
08AABCC2050J2ZXRajasthanActive16 Mar 2022

To see the full GST registrations and return filing status of Cheers Financial Services Pvt Ltd, buy the company report.

Recent activity

Cheers Financial Services Pvt Ltd has 5 board changes on record since 2005: 5 appointments. The latest: Rahul Bothra was appointed as Director on 16 Feb 2018.

AGM
Cheers Financial Services Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cheers Financial Services Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Guwahati.
Appointed
Rahul Bothra was appointed as Director.
Appointed
Madhu Bothra was appointed as Director.
Appointed
Manoj Kumar Jain was appointed as Director.
Appointed
Gyan Chand Bothra was appointed as Director.
Appointed
Pawan Kumar Jain was appointed as Director.
Incorporation
15 Nov 1994
Cheers Financial Services Pvt Ltd was registered on 15 Nov 1994 with Roc Guwahati & aged 31 years 11 months as per MCA records.

Frequently asked questions

Cheers Financial Services is an active private limited company based in Guwahati, Assam, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 15 November 1994 (32+ years old) and is registered under CIN U67120AS1994PTC004295.

Cheers Financial Services has 5 current directors:

The latest financial statements of Cheers Financial 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.

The GSTIN of Cheers Financial Services is 08AABCC2050J1ZY, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AABCC2050J2ZX (Rajasthan).

The CIN (Corporate Identification Number) of Cheers Financial Services is U67120AS1994PTC004295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cheers Financial Services has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.

Cheers Financial Services was incorporated on 15 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Guwahati.

The peers of Cheers Financial Services by revenue are Spectrum Stock Services Pvt Ltd, Sheth Commercial Pvt.Ltd, Hela Holdings Pvt.Ltd, Futuristic Solutions Limited, all in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).

Rahul Bothra was appointed as Director on 16 Feb 2018. Madhu Bothra was appointed as Director on 18 Jan 2006. Manoj Kumar Jain was appointed as Director on 18 Jan 2006. Cheers Financial Services has 5 board changes on record in total.

Yes, Cheers Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-AS-16-0006831).

The registered office of Cheers Financial Services is at R.Dutta Building 2nd Floor A.T. Road, Guwahati, Assam, India – 781001.