About Cifco Limited
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Cifco Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 September 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1973PLC016796. Its GSTIN is 27AAACC1766G1ZT (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Champaklal Investment & Financial Consultancy Limited. It is led by directors including Bhupendra Champaklal Dalal and Asim Bhupendra Dalal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at G – 1 Ground Floor Nirmal'S Nest Vayu Devta Mandir Complex Borivali West, Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2026, the company reported a revenue of ₹78.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹32.32 Lakh (net margin -41.4%) and EBITDA of -₹8.65 Lakh (EBITDA margin -11.1%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹58 Lakh on record. Court records list 49 cases involving the company, including 27 filed by the company and 22 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cifco.in.
Company details
Contact details
Cifco Limited's registered office is in Mumbai, Maharashtra. Its website is cifco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 1 Ground Floor Nirmal'S Nest Vayu Devta Mandir Complex Borivali West, Mumbai, Maharashtra, India – 400103
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Cifco 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 Cifco is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Cifco Limited, buy the company report.
Financials of Cifco Limited
FY 2026 filings availableCifco Limited reported revenue of ₹78.16 Lakh (up 1350% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years. EBITDA rose 91% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹78.16 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| 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 Cifco Limited, buy the company report.
Board of directors of Cifco Limited
Cifco has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Champaklal Dalal Also directs: Foods and Inns Limited, Milan Investments Private Limited, Oceanic Investments Limited and 1 more | Director | 18 Aug 2009 | 17 Years 2 Months | Current |
| Asim Bhupendra Dalal Also directs: Western Press Private Limited, Asda Trading Company Private Limited, Elephant Company Retail Private Limited and 2 more | Director | 10 Nov 1995 | 31 Years 0 Months | Current |
| Milan Bhupendra Dalal Also directs: Foods and Inns Limited, Muller and Phipps (India) Limited, Mpil Corporation Ltd and 5 more | Director | 08 Nov 1990 | 36 Years 0 Months | Current |
Auditor
Cifco Limited is audited by A D PANDYA for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D PANDYA | FY 2026 | 107325W |
Shareholding
The shareholding of Cifco Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cifco Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 1996 | 90363895 | Kotak Mahindra Finance Ltd. | ₹58 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Cifco Limited has 49 court cases on record: 27 filed by Cifco, 22 filed against it. 4 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 18 | 3 |
| District courts | 10 | 4 | 1 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed by the company against Itc Limited and 5 others | Pending |
| Bombay High Court | Appeal | Filed by the company against Cifco Finance Limited and 3 others | Disposed |
| Bombay High Court | Commercial suit | Filed by the company against Icici Bank Limited and 5 others | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against Silveryarn Texturisers Private Limited and 3 others | Disposed |
| Bombay High Court | Court case (SPMP) | Filed by the company against Tata Global Beverages Ltd. and 12 others | Disposed |
To see the full case history of Cifco Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cifco Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cifco has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC1766G1ZT | Maharashtra | Active | 01 Jul 2017 |
| 07AAACC1766G1ZV | Delhi | Active | 15 Aug 2017 |
To see the full GST registrations and return filing status of Cifco Limited, buy the company report.
Recent activity
Cifco Limited has 6 board changes on record since 1990: 3 appointments and 3 cessations. The latest: Devdut Milan Dalal ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Cifco is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 September 1973 (53+ years old) and is registered under CIN U65990MH1973PLC016796.
Cifco has 3 current directors:
- Bhupendra Champaklal Dalal - Director
- Asim Bhupendra Dalal - Director
- Milan Bhupendra Dalal - Director
The latest financial statements of Cifco on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cifco is 27AAACC1766G1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAACC1766G1ZV (Delhi).
The CIN (Corporate Identification Number) of Cifco is U65990MH1973PLC016796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cifco has 49 court cases on record: 27 filed by the company and 22 filed against it. 4 are pending. Most are in the high courts.
Cifco was incorporated on 03 September 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Devdut Milan Dalal ceased to be Additional Director on 30 Sep 2019. Bhupendra Champaklal Dalal ceased to be Additional Director on 30 Sep 2009. Bhupendra Champaklal Dalal was appointed as Director on 18 Aug 2009. Cifco has 6 board changes on record in total.
Cifco can be reached through the website cifco.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Cifco is at G – 1 Ground Floor NirmalS Nest Vayu Devta Mandir Complex Borivali West, Mumbai, Maharashtra, India – 400103.
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