Competent Financial Services Pvt Ltd
About Competent Financial Services Pvt Ltd
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Competent Financial Services Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 09 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1992PTC067618.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.5 Lakh. It is led by directors including Bina Chaturvedi and Mohit Chaturvedi.
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 32 Jolly Makerchambers No 2 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.35 Lakh, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹29 Lakh (net margin 55.4%) and EBITDA of ₹37.86 Lakh (EBITDA margin 72.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Competent Financial Services Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32 Jolly Makerchambers No 2 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Advisory, Financial Activities, Financial Brokerage, Consultancy
To see the full contact details of Competent Financial Services Pvt Ltd, 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 Competent Financial Services 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 Competent Financial Services Pvt Ltd, buy the company report.
Financials of Competent Financial Services Pvt Ltd
FY 2025 filings availableCompetent Financial Services Pvt Ltd reported revenue of ₹52.35 Lakh (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 59% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 76% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.86 Lakh | ||||
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| Net Profit (PAT) | ₹29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 72.3% | ||||
| Net Profit Margin | 55.4% | ||||
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To see the full financial statements and ratios of Competent Financial Services Pvt Ltd, buy the company report.
Board of directors of Competent Financial Services Pvt Ltd
Competent Financial Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Chaturvedi Also directs: Morish Technologies LLP, Morish Business Management Corp LLP, B M Chaturvedi Financial and Strategic Services Pvt Ltd and 3 more | Director | 09 Jul 1992 | 34 Years 3 Months | Current |
| Mohit Chaturvedi Also directs: Morish Technologies LLP, Morish Business Management Corp LLP, B M Chaturvedi Financial and Strategic Services Pvt Ltd and 4 more | Director | 05 Feb 1999 | 27 Years 8 Months | Current |
| Meha Chaturvedi | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Competent Financial Services Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VSN Chit Funds Private Limited | ₹52.61 Lakh (FY 2024) | 34.0% | Hyderabad, Telangana, India | |||
| Shree Sound Private Limited | ₹52.6 Lakh (FY 2024) | -59.0% | Mumbai, Maharashtra, India | |||
| Utkarsh Professional Services Private Limited | ₹52.56 Lakh (FY 2024) | -86.0% | Jaiupr, Rajasthan, India | |||
| Apoorvam Women Foundation | ₹52.54 Lakh (FY 2025) | 10.0% | Kaveripattinam, Tamil Nadu, India | |||
| Active Vinimay Private Limited | ₹52.46 Lakh (FY 2024) | 423.0% | Nanded, Maharashtra, India | |||
| Competent Financial Services Pvt Ltdthis company | ₹52.35 Lakh (FY 2025) | ₹29 Lakh | 55.4% | 59.0% | Mumbai, Maharashtra, India | |
| Panchakirana Chit Funds Private Limited | ₹52.26 Lakh (FY 2024) | 16.0% | Bengaluru, Karnataka, India | |||
| Sensational Trading Private Limited | ₹52.1 Lakh (FY 2025) | 1151.0% | Mumbai, Maharashtra, India | |||
| Aditya Consultants & Traders Private Limited | ₹52.1 Lakh (FY 2025) | -92.0% | Kolkata, West Bengal, India | |||
| Rajahmundry Chit Funds Pvt Ltd | ₹52.08 Lakh (FY 2024) | 12.0% | East Godavari, Andhra Pradesh, India | |||
| Dhoot Holdings Private Limited | ₹52.06 Lakh (FY 2024) | -100.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Competent Financial Services Pvt Ltd, buy the company report.
Auditor
Competent Financial Services Pvt Ltd is audited by R.D. KUNDALIA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.D. KUNDALIA AND ASSOCIATES | FY 2017 | 036775 |
Shareholding
The shareholding of Competent Financial Services Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Competent Financial Services Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Competent Financial Services Pvt Ltd 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 Competent Financial Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Competent Financial Services has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Competent Financial Services Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Competent Financial Services Pvt Ltd has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Meha Chaturvedi was appointed as Additional Director on 02 Feb 2026.
Frequently asked questions
Competent Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 09 July 1992 (34+ years old) and is registered under CIN U67190MH1992PTC067618.
Competent Financial Services has 3 current directors:
- Bina Chaturvedi - Director
- Mohit Chaturvedi - Director
- Meha Chaturvedi - Additional Director
The latest financial statements of Competent 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 CIN (Corporate Identification Number) of Competent Financial Services is U67190MH1992PTC067618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Competent Financial Services was incorporated on 09 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Competent Financial Services by revenue are VSN Chit Funds Private Limited, Shree Sound Private Limited, Utkarsh Professional Services Private Limited, Apoorvam Women Foundation, Active Vinimay Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Meha Chaturvedi was appointed as Additional Director on 02 Feb 2026. Brijmohan Chaturvedi ceased to be Director on 26 Aug 2025. Mohit Chaturvedi was appointed as Director on 05 Feb 1999. Competent Financial Services has 4 board changes on record in total.
The registered office of Competent Financial Services is at 32 Jolly Makerchambers No 2 Nariman Point, Mumbai, Maharashtra, India – 400021.
Competent Financial Services operates in the financial services industry, in the advisory segment.
The compliance status of Competent Financial Services is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
Competent Financial Services can be reached at its registered office: 32 Jolly Makerchambers No 2 Nariman Point, Mumbai, Maharashtra, India – 400021.