India's Richest People 2026 edition · 1 director · Source: Hurun India
- #852 Amrita Amar Vakil ₹3,500 Cr
Market Cap
₹2,000 Cr
ELCIDIN · BSE
Share Price
₹1,10,000.00
0.00% today
Revenue
₹134 Cr
FY 2025-26 · -36.6% YoY
EBITDA
₹128 Cr
Margin 95.4%
Net Profit
₹108 Cr
FY 2025-26 · -29.2% YoY
P/E (TTM)
21.0x
P/B 0.2x
ROE
1.2%
ROCE 1.4%
Authorised capital
₹25 Lakh
Registered with MCA
About Elcid Investments Limited
Data last updated:
Elcid Investments Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 03 December 1981 and has been in existence for over 45 years.
Its director Amrita Amar Vakil is #852 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1981PLC025770. It is a listed company as per MCA records. Its shares are listed on BSE: 503681 and NSE: ELCIDIN.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Amrita Amar Vakil (Whole-Time Director) and Varun Vakil Amar.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 414 Shah Nahar (Worli) Ind Estb Wing Dr E Moses Rd Worli, Mumbai, Maharashtra, India – 400018.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹133.97 Cr, a decline of 36.5% compared to the previous year. For the same year it recorded a net profit of ₹108.36 Cr (net margin 80.9%) and EBITDA of ₹127.82 Cr (EBITDA margin 95.4%). The net worth stands at ₹8,673.45 Cr (down 5.4% YoY). Total assets are valued at ₹8,673.45 Cr (down 5.4% YoY).
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Elcid Investments. Court records list 3 cases involving the company, including 3 filed by the company. The company has 11 deals on record (11 market trades); the latest was in September 2025. Its 7 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 5 larger and 2 smaller; the largest is DSP HMK Holdings Private Limited with revenue of ₹240.74 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elcidinvestments.com.
Company details
CIN L65990MH1981PLC025770
Registration Number 025770
Incorporation Date 03 December 1981
ROC Mumbai
Listing Status Listed - Listed on NSE (ELCIDIN); Listed on BSE (503681)
Company Status Active
Date of Last AGM 31 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Amrita Amar Vakil Whole-Time Director Varun Vakil Amar Director Essaji Goolam Vahanvati Director Recognitions & Rankings of Elcid Investments
Contact details
Elcid Investments Limited's registered office is in Mumbai, Maharashtra. Its website is elcidinvestments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address414 Shah Nahar (Worli) Ind Estb Wing Dr E Moses Rd Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Elcid Investments Limited, buy the company report.
Comprehensive company report
Elcid Investments Limited - 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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Brands
Elcid Investments operates one associated brand: Elcid Investments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified investment management is handled by Elcid Investments across sectors. | elcidinvestments.com |
Business activity
The main business activity of Elcid Investments 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 Elcid Investments Limited, buy the company report.
Financials of Elcid Investments Limited
FY 2025-26 filings availableElcid Investments Limited reported revenue of ₹133.97 Cr (down 36.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹134 Cr
-36.5% YoY
EBITDA
₹128 Cr
-37.6% YoY
Profit After Tax
₹108 Cr
-29.2% YoY
Net Worth
₹8,673 Cr
-5.4% YoY
Total Assets
₹8,673 Cr
-5.4% YoY
Total Debt
Nil
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 134 | 211 | 235 | 109 | 135 | 108 | 77.52 |
| Revenue growth | -36.6% | -10.3% | +116.1% | -19.2% | +25.1% | +39.0% | - |
| EBITDA | 128 | 205 | 232 | 103 | 132 | 107 | 71.70 |
| EBITDA margin | +95.4% | +97.1% | +98.6% | +94.4% | +97.7% | +99.1% | +92.5% |
| Profit before tax | 128 | 206 | 232 | 102 | 131 | 107 | 71.52 |
| Net profit | 108 | 153 | 176 | 73.41 | 100 | 81.05 | 73.19 |
| Net profit margin | +80.9% | +72.5% | +74.6% | +67.4% | +74.2% | +75.2% | +94.4% |
| EPS (₹) | 5,426.02 | 7,649.78 | 8,786.79 | 3,670.64 | 5,001.94 | 4,052.46 | 3,659.01 |
| Balance sheet | |||||||
| Total assets | 8,673 | 9,169 | 11,684 | 11,192 | 12,329 | 10,165 | 6,952 |
| Net worth | 8,673 | 9,169 | 11,684 | 11,192 | 12,329 | 10,165 | 6,952 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 2.32 | 2.33 | 3.73 | 11.12 | 1.36 | 8.85 | 6.70 |
| Net working capital | 4.57 | (8.00) | (7.36) | 1.44 | (13.47) | 4.71 | 6.61 |
| Cash flow | |||||||
| Cash from operations | 69.65 | 94.10 | 77.70 | 37.09 | 61.10 | 14.10 | (1.16) |
| Cash from investing | (69.16) | (95.00) | (84.59) | (27.02) | (68.29) | (11.65) | 7.66 |
| Cash from financing | (0.50) | (0.50) | (0.50) | (0.30) | (0.30) | (0.30) | (0.36) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 121 | 73.39 | (63.72) | 61.74 | 43.98 | 91.97 | (17.48) | (5.26) |
| Revenue growth (YoY) | +175.7% | -20.2% | -264.5% | +1273.8% | -22.0% | -48.2% | - | - |
| Other income | 0.35 | 0.35 | 0.49 | 0.31 | 0.28 | 0.34 | 1.21 | 0.31 |
| EBITDA | 120 | 72.48 | (66.36) | 60.61 | 42.48 | 91.09 | (20.90) | (6.06) |
| EBITDA margin | +99.1% | +98.8% | +104.1% | +98.2% | +96.6% | +99.0% | +119.6% | +115.2% |
| Depreciation | 0.34 | 0.34 | 0.35 | 0.39 | 0.28 | 0.28 | 0.27 | 0.28 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 120 | 72.49 | (66.22) | 60.53 | 42.48 | 91.15 | (19.96) | (6.03) |
| Tax | 28.08 | 14.92 | (25.01) | 13.15 | 10.74 | 20.53 | (0.42) | 0.85 |
| Net profit | 92.05 | 57.57 | (41.21) | 47.38 | 31.74 | 70.62 | (19.54) | (6.88) |
| EPS (₹) | 4,602.84 | 2,878.34 | (2,061.05) | 2,368.92 | 1,586.97 | 3,531.18 | (977.01) | (344.26) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 93.56 | 138 | 151 | 74.49 | 87.93 | 72.98 | 54.80 |
| Revenue growth | -32.4% | -8.3% | +102.8% | -15.3% | +20.5% | +33.2% | - |
| EBITDA | 89.62 | 134 | 149 | 69.24 | 85.46 | 72.19 | 54.00 |
| EBITDA margin | +95.8% | +97.0% | +98.8% | +93.0% | +97.2% | +98.9% | +98.5% |
| Profit before tax | 90.10 | 136 | 149 | 68.79 | 85.06 | 72.02 | 53.83 |
| Net profit | 76.24 | 101 | 113 | 48.85 | 64.80 | 54.89 | 54.59 |
| Net profit margin | +81.5% | +72.9% | +74.9% | +65.6% | +73.7% | +75.2% | +99.6% |
| EPS (₹) | 3,811.40 | 5,048.58 | 5,661.44 | 2,442.40 | 3,240.27 | 2,744.33 | 2,729.56 |
| Balance sheet | |||||||
| Total assets | 6,023 | 6,368 | 8,125 | 7,793 | 8,588 | 7,084 | 4,846 |
| Net worth | 6,023 | 6,368 | 8,125 | 7,793 | 8,588 | 7,084 | 4,846 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.69 | 0.91 | 2.78 | 9.17 | 0.63 | 8.65 | 3.94 |
| Net working capital | 2.06 | (7.49) | (6.14) | 1.31 | (9.21) | 6.14 | 4.13 |
| Cash flow | |||||||
| Cash from operations | 49.84 | 66.17 | 54.07 | 25.37 | 42.56 | 10.33 | (1.01) |
| Cash from investing | (49.56) | (67.53) | (59.96) | (16.52) | (50.27) | (5.33) | 4.83 |
| Cash from financing | (0.50) | (0.50) | (0.50) | (0.30) | (0.30) | (0.30) | (0.36) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88.96 | 43.14 | (32.92) | 36.51 | 49.48 | 40.49 | (11.84) | 0.79 |
| Revenue growth (YoY) | +79.8% | +6.5% | -178.0% | +4521.5% | +38.7% | -64.4% | - | - |
| Other income | 0.35 | 0.35 | 0.35 | 0.31 | 0.31 | 0.31 | 1.28 | 0.31 |
| Total expenses | 0.78 | 0.56 | 1.96 | 0.67 | 0.78 | 0.53 | 2.58 | 0.42 |
| EBITDA | 88.18 | 42.58 | (34.88) | 35.84 | 48.70 | 39.96 | (14.42) | 0.37 |
| EBITDA margin | +99.1% | +98.7% | +106.0% | +98.2% | +98.4% | +98.7% | +121.8% | +46.8% |
| Depreciation | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.19 | 0.20 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 88.33 | 42.73 | (34.73) | 35.95 | 48.81 | 40.07 | (13.33) | 0.48 |
| Tax | 20.22 | 8.96 | (16.00) | 8.97 | 12.02 | 8.86 | (0.03) | 1.45 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 121 | 73.39 | (63.72) | 61.74 | 43.98 | 91.97 | (17.48) | (5.26) |
| Revenue growth (YoY) | +175.7% | -20.2% | -264.5% | +1273.8% | -22.0% | -48.2% | - | - |
| Other income | 0.35 | 0.35 | 0.49 | 0.31 | 0.28 | 0.34 | 1.21 | 0.31 |
| EBITDA | 120 | 72.48 | (66.36) | 60.61 | 42.48 | 91.09 | (20.90) | (6.06) |
| EBITDA margin | +99.1% | +98.8% | +104.1% | +98.2% | +96.6% | +99.0% | +119.6% | +115.2% |
| Depreciation | 0.34 | 0.34 | 0.35 | 0.39 | 0.28 | 0.28 | 0.27 | 0.28 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 120 | 72.49 | (66.22) | 60.53 | 42.48 | 91.15 | (19.96) | (6.03) |
| Tax | 28.08 | 14.92 | (25.01) | 13.15 | 10.74 | 20.53 | (0.42) | 0.85 |
| Net profit | 92.05 | 57.57 | (41.21) | 47.38 | 31.74 | 70.62 | (19.54) | (6.88) |
| EPS (₹) | 4,602.84 | 2,878.34 | (2,061.05) | 2,368.92 | 1,586.97 | 3,531.18 | (977.01) | (344.26) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 134 | 211 | 235 | 109 | 135 | 108 | 77.52 |
| Revenue growth | -36.6% | -10.3% | +116.1% | -19.2% | +25.1% | +39.0% | - |
| Other income | 1.41 | 2.20 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 6.15 | 6.18 | 3.30 | 6.11 | 3.12 | 0.94 | 5.82 |
| Employee cost | 0.64 | 0.40 | 0.39 | 0.38 | 0.31 | 0.30 | 0.30 |
| EBITDA | 128 | 205 | 232 | 103 | 132 | 107 | 71.70 |
| EBITDA margin | +95.4% | +97.1% | +98.6% | +94.4% | +97.7% | +99.1% | +92.5% |
| Depreciation | 1.30 | 1.10 | 0.88 | 0.77 | 0.60 | 0.27 | 0.18 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 128 | 206 | 232 | 102 | 131 | 107 | 71.52 |
| Tax | 19.42 | 53.05 | 55.85 | 28.58 | 31.03 | 25.48 | (1.67) |
| Net profit | 108 | 153 | 176 | 73.41 | 100 | 81.05 | 73.19 |
| Net profit margin | +80.9% | +72.5% | +74.6% | +67.4% | +74.2% | +75.2% | +94.4% |
| EPS (₹) | 5,426.02 | 7,649.78 | 8,786.79 | 3,670.64 | 5,001.94 | 4,052.46 | 3,659.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Reserves & surplus | 8,673 | 9,168 | 11,684 | 11,192 | 12,329 | 10,165 | 6,952 |
| Shareholders' funds (net worth) | 8,673 | 9,169 | 11,684 | 11,192 | 12,329 | 10,165 | 6,952 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 8,673 | 9,169 | 11,684 | 11,192 | 12,329 | 10,165 | 6,952 |
| Assets | |||||||
| Gross block | 37.55 | 35.35 | 30.96 | 20.76 | 19.76 | 18.16 | 2.71 |
| Net block | 34.62 | 32.26 | 28.97 | 18.74 | 18.51 | 17.51 | 2.34 |
| Capital work in progress | 4.98 | 2.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9,955 | 10,571 | 12,449 | 11,916 | 13,159 | 10,831 | 7,211 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 2.32 | 2.33 | 3.73 | 11.12 | 1.36 | 8.85 | 6.70 |
| Loans & advances | 2.84 | 0.05 | 0.63 | 0.17 | 0.09 | 0.09 | 0.06 |
| Total current assets | 5.16 | 2.38 | 4.36 | 11.29 | 1.45 | 8.94 | 6.76 |
| Total current liabilities | 0.59 | 10.38 | 11.72 | 9.85 | 14.92 | 4.23 | 0.15 |
| Net working capital | 4.57 | (8.00) | (7.36) | 1.44 | (13.47) | 4.71 | 6.61 |
| Total assets | 8,673 | 9,169 | 11,684 | 11,192 | 12,329 | 10,165 | 6,952 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.31 | 3.71 | 11.10 | 1.33 | 8.82 | 6.66 | 0.53 |
| Net cash from operating activities | 69.65 | 94.10 | 77.70 | 37.09 | 61.10 | 14.10 | (1.16) |
| Net cash from investing activities | (69.16) | (95.00) | (84.59) | (27.02) | (68.29) | (11.65) | 7.66 |
| Net cash from financing activities | (0.50) | (0.50) | (0.50) | (0.30) | (0.30) | (0.30) | (0.36) |
| Net change in cash | (0.01) | (1.40) | (7.39) | 9.77 | (7.48) | 2.15 | 6.14 |
| Closing cash | 2.32 | 2.33 | 3.73 | 11.12 | 1.36 | 8.85 | 6.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -36.6% | -10.3% | +116.1% | -19.2% | +25.1% | +39.0% | - |
| EBITDA growth | -37.6% | -11.6% | +125.7% | -22.0% | +23.3% | +49.0% | - |
| PBT growth | -37.9% | -11.0% | +127.1% | -22.2% | +23.0% | +49.0% | +21.1% |
| Net income growth | -29.2% | -12.8% | +139.2% | -26.6% | +23.4% | +10.7% | - |
| Revenue CAGR (3Y) | +7.2% | +16.1% | +29.7% | +12.0% | +30.3% | +31.3% | +28.2% |
| EBITDA CAGR (3Y) | +7.6% | +15.9% | +29.5% | +12.8% | +30.5% | +31.6% | +25.9% |
| Profitability & leverage | |||||||
| Net income margin | +81.0% | +72.5% | +74.7% | +67.4% | +74.2% | +75.2% | +94.4% |
| Return on capital employed | +1.4% | +2.0% | +2.0% | +0.9% | +1.2% | +1.2% | +1.2% |
| Return on net worth | +1.2% | +1.5% | +1.5% | +0.6% | +0.9% | +1.0% | +1.2% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.71 | 6.43 | 9.12 | 5.37 | 7.11 | 10.32 | 28.61 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 5,426.02 | 7,649.78 | 8,786.79 | 3,670.64 | 5,001.94 | 4,052.46 | 3,659.01 |
| Dividend per share (₹) | 25.00 | 25.00 | 25.00 | 25.00 | 15.00 | 15.00 | 15.00 |
| Book value per share (₹) | 4,33,672.47 | 4,58,425.83 | 5,84,225.20 | 5,59,608.70 | 6,16,440.32 | 5,08,261.02 | 3,47,598.04 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88.96 | 43.14 | (32.92) | 36.51 | 49.48 | 40.49 | (11.84) | 0.79 |
| Revenue growth (YoY) | +79.8% | +6.5% | -178.0% | +4521.5% | +38.7% | -64.4% | - | - |
| Other income | 0.35 | 0.35 | 0.35 | 0.31 | 0.31 | 0.31 | 1.28 | 0.31 |
| Total expenses | 0.78 | 0.56 | 1.96 | 0.67 | 0.78 | 0.53 | 2.58 | 0.42 |
| EBITDA | 88.18 | 42.58 | (34.88) | 35.84 | 48.70 | 39.96 | (14.42) | 0.37 |
| EBITDA margin | +99.1% | +98.7% | +106.0% | +98.2% | +98.4% | +98.7% | +121.8% | +46.8% |
| Depreciation | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.19 | 0.20 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 88.33 | 42.73 | (34.73) | 35.95 | 48.81 | 40.07 | (13.33) | 0.48 |
| Tax | 20.22 | 8.96 | (16.00) | 8.97 | 12.02 | 8.86 | (0.03) | 1.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 93.56 | 138 | 151 | 74.49 | 87.93 | 72.98 | 54.80 |
| Revenue growth | -32.4% | -8.3% | +102.8% | -15.3% | +20.5% | +33.2% | - |
| Other income | 1.27 | 2.20 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 3.94 | 4.18 | 1.77 | 5.25 | 2.47 | 0.79 | 0.80 |
| Employee cost | 0.53 | 0.32 | 0.34 | 0.38 | 0.31 | 0.30 | 0.30 |
| EBITDA | 89.62 | 134 | 149 | 69.24 | 85.46 | 72.19 | 54.00 |
| EBITDA margin | +95.8% | +97.0% | +98.8% | +93.0% | +97.2% | +98.9% | +98.5% |
| Depreciation | 0.79 | 0.79 | 0.56 | 0.45 | 0.40 | 0.17 | 0.17 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 90.10 | 136 | 149 | 68.79 | 85.06 | 72.02 | 53.83 |
| Tax | 13.86 | 34.70 | 35.97 | 19.94 | 20.26 | 17.13 | (0.76) |
| Net profit | 76.24 | 101 | 113 | 48.85 | 64.80 | 54.89 | 54.59 |
| Net profit margin | +81.5% | +72.9% | +74.9% | +65.6% | +73.7% | +75.2% | +99.6% |
| EPS (₹) | 3,811.40 | 5,048.58 | 5,661.44 | 2,442.40 | 3,240.27 | 2,744.33 | 2,729.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Reserves & surplus | 6,023 | 6,368 | 8,125 | 7,793 | 8,587 | 7,084 | 4,846 |
| Shareholders' funds (net worth) | 6,023 | 6,368 | 8,125 | 7,793 | 8,588 | 7,084 | 4,846 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 6,023 | 6,368 | 8,125 | 7,793 | 8,588 | 7,084 | 4,846 |
| Assets | |||||||
| Gross block | 31.05 | 31.03 | 26.64 | 16.47 | 15.47 | 15.20 | 1.04 |
| Net block | 28.45 | 29.22 | 25.62 | 15.10 | 14.55 | 14.68 | 0.69 |
| Capital work in progress | 4.98 | 2.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6,908 | 7,335 | 8,649 | 8,295 | 9,165 | 7,544 | 5,029 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.69 | 0.91 | 2.78 | 9.17 | 0.63 | 8.65 | 3.94 |
| Loans & advances | 1.88 | 0.05 | 0.63 | 0.16 | 0.09 | 0.09 | 0.25 |
| Total current assets | 2.57 | 0.96 | 3.41 | 9.33 | 0.72 | 8.74 | 4.19 |
| Total current liabilities | 0.51 | 8.45 | 9.55 | 8.02 | 9.93 | 2.60 | 0.06 |
| Net working capital | 2.06 | (7.49) | (6.14) | 1.31 | (9.21) | 6.14 | 4.13 |
| Total assets | 6,023 | 6,368 | 8,125 | 7,793 | 8,588 | 7,084 | 4,846 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.89 | 2.75 | 9.15 | 0.60 | 8.61 | 3.90 | 0.44 |
| Net cash from operating activities | 49.84 | 66.17 | 54.07 | 25.37 | 42.56 | 10.33 | (1.01) |
| Net cash from investing activities | (49.56) | (67.53) | (59.96) | (16.52) | (50.27) | (5.33) | 4.83 |
| Net cash from financing activities | (0.50) | (0.50) | (0.50) | (0.30) | (0.30) | (0.30) | (0.36) |
| Net change in cash | (0.22) | (1.86) | (6.40) | 8.55 | (8.01) | 4.71 | 3.46 |
| Closing cash | 0.69 | 0.91 | 2.78 | 9.17 | 0.63 | 8.65 | 3.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -32.4% | -8.3% | +102.8% | -15.3% | +20.5% | +33.2% | - |
| EBITDA growth | -33.2% | -10.1% | +115.6% | -19.0% | +18.4% | +33.7% | - |
| PBT growth | -33.6% | -9.1% | +116.9% | -19.1% | +18.1% | +33.8% | +31.9% |
| Net income growth | -24.5% | -10.7% | +131.4% | -24.6% | +18.1% | +0.6% | - |
| Revenue CAGR (3Y) | +7.9% | +16.3% | +27.4% | +10.8% | +27.4% | +31.0% | +28.7% |
| EBITDA CAGR (3Y) | +9.0% | +16.3% | +27.4% | +8.6% | +27.8% | +31.5% | +29.4% |
| Profitability & leverage | |||||||
| Net income margin | +81.5% | +72.9% | +75.0% | +65.6% | +73.7% | +75.2% | +99.6% |
| Return on capital employed | +1.5% | +1.9% | +1.9% | +0.8% | +1.1% | +1.2% | +1.3% |
| Return on net worth | +1.2% | +1.4% | +1.4% | +0.6% | +0.8% | +0.9% | +1.3% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.06 | 4.88 | 7.03 | 4.66 | 5.73 | 8.99 | 52.69 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 3,811.40 | 5,048.58 | 5,661.44 | 2,442.40 | 3,240.27 | 2,744.33 | 2,729.56 |
| Dividend per share (₹) | 25.00 | 25.00 | 25.00 | 25.00 | 15.00 | 15.00 | 15.00 |
| Book value per share (₹) | 3,01,137.24 | 3,18,424.62 | 4,06,241.58 | 3,89,653.10 | 4,29,382.75 | 3,54,218.27 | 2,42,310.48 |
To see the full year-wise statements and ratios of Elcid Investments Limited, buy the company report.
Board of directors of Elcid Investments Limited
Elcid Investments has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Vakil Amar Also directs: Elcid Investments Limited, Ragini Vakil Designs LLP, Lambodar Investments and Trading Company Limited and 1 more | Director | 29 Oct 2007 | 19 Years 0 Months | Current |
| Essaji Goolam Vahanvati | Director | 02 Nov 2022 | 4 Years 0 Months | Current |
| Amrita Amar Vakil | Whole-Time Director | 22 Aug 2019 | 7 Years 2 Months | Current |
| Ragini Varun Vakil Also directs: Elcid Investments Limited, Ragini Vakil Designs LLP | Director | 24 May 2025 | 1 Years 5 Months | Current |
| Margarette Shwetha Thomas Also directs: Elcid Investments Limited | Director | 24 May 2025 | 1 Years 5 Months | Current |
| Kartikeya Dhruv Kaji | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Elcid Investments Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DSP HMK Holdings Private Limited | ₹240.74 Cr (FY 2024) | 489.0% | Mumbai, Maharashtra, India | |||
| Infinity Fincorp Solutions Private Limited | ₹240.72 Cr (FY 2025) | 68.0% | Mumbai, Maharashtra, India | |||
| Svamaan Financial Services Private Limited | ₹240.2 Cr (FY 2025) | 41.0% | Mumbai, Maharashtra, India | |||
| A.T.E. Private Limited | ₹237.28 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Tourism Finance Corporation of India Limited | ₹236.3 Cr (FY 2019) | 6.0% | New Delhi, Delhi, India | |||
| Arihant Enterprises Ltd | ₹235.61 Cr (FY 2024) | 71.0% | Kolkata, West Bengal, India | |||
| Akasa Finance Limited | ₹235.01 Cr (FY 2025) | 149.0% | New Delhi, Delhi, India | |||
| Elcid Investments Limitedthis company | ₹133.97 Cr (FY 2026) | ₹108.36 Cr | 80.9% | -36.5% | Mumbai, Maharashtra, India |
To see the full peer comparison of Elcid Investments Limited, buy the company report.
Auditor
Elcid Investments Limited is audited by RAVI A SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI A SHAH & ASSOCIATES | FY 2019 | 125079W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 25.00%.
Sep 2026
QUARTER
75.00% Promoters
0.10% DII (Domestic Institutional)
25.00% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% |
Deals & funding
Elcid Investments Limited has 11 deals on record (11 market trades); the latest was in September 2025.
Total deals
11
Market trades
11
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹238.68 Cr | Buyer: Upnishad Holdings Private Limited Seller: Hydra Trading Private Limited |
| Jul 2023 | Market trade | ₹10,000 | Buyer: Sykes and Ray Equities (India ) Ltd Seller: an individual |
| Jul 2020 | Market trade | ₹20,000 | Buyer: Alpha Leon Enterprises LLP |
| Oct 2019 | Market trade | ₹40,000 | Buyer: Alpha Leon Enterprises LLP Seller: an individual |
| Nov 2017 | Market trade | ₹30,000 | Buyer: an individual Seller: J M Global Equities Private Limited |
To see the full deal history of Elcid Investments Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elcid Investments Limited has 3 court cases on record: 3 filed by Elcid Investments. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax and An | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Deputy Commissioner and Another | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Deputy Commissioner of Income-Tax, Central Circle 32, Mumbai and Anr. | Disposed |
To see the full case history of Elcid Investments 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 Elcid Investments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Elcid Investments has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Suptaswar Investments and Trading Company Limited | U67120MH1979PLC021876 | |
| Murahar Investments and Trading Company Limited | U67120MH1979PLC021880 |
To see the full group structure of Elcid Investments Limited, buy the company report.
GST
No GST registration is on our record for Elcid Investments Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Elcid Investments Limited has 20 board changes on record since 1982: 13 appointments and 7 cessations. The latest: Margarette Shwetha Thomas was appointed as Director on 24 May 2025.
Filing
Elcid Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Elcid Investments Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records.
Appointed
Margarette Shwetha Thomas was appointed as Director.
Appointed
Ragini Varun Vakil was appointed as Director.
Appointed
Kartikeya Dhruv Kaji was appointed as Director.
Ceased
Dipika Vakil Amar ceased to be Director.
Ceased
Ketan Chatrabhuj Kapadia ceased to be Director.
Ceased
Mahesh Chimanlal Dalal ceased to be Director.
Ceased
Mittal Himat Bhanushali ceased to be Company Secretary.
Appointed
Essaji Goolam Vahanvati was appointed as Director.
Ceased
Bharat Bhasker Talati ceased to be Director.
Ceased
Amar Arvind Vakil ceased to be Director.
11 earlier events are in the company report.
News
Frequently asked questions
Elcid Investments is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 03 December 1981 (45+ years old) and is registered under CIN L65990MH1981PLC025770. Listed on BSE: 503681 and NSE: ELCIDIN.
Elcid Investments reported revenue of ₹133.97 Cr for FY 2025-26 (down 36.5% YoY) based on consolidated financials.
Elcid Investments has 6 current directors:
- Amrita Amar Vakil - Whole-Time Director
- Varun Vakil Amar - Director
- Essaji Goolam Vahanvati - Director
- Ragini Varun Vakil - Director
- Margarette Shwetha Thomas - Director
- Kartikeya Dhruv Kaji - Director
The latest financial statements of Elcid Investments on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Elcid Investments is L65990MH1981PLC025770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Elcid Investments is a listed company as per MCA records. Its shares are listed on both BSE (code: 503681) and NSE (symbol: ELCIDIN).
Elcid Investments has 3 court cases on record: 3 filed by the company.
Elcid Investments was incorporated on 03 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Elcid Investments has 11 deals on record (11 market trades); the latest was in September 2025.
The peers of Elcid Investments by revenue are DSP HMK Holdings Private Limited, Infinity Fincorp Solutions Private Limited, Svamaan Financial Services Private Limited, A.T.E. Private Limited, Tourism Finance Corporation of India Limited and 2 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Margarette Shwetha Thomas was appointed as Director on 24 May 2025. Ragini Varun Vakil was appointed as Director on 24 May 2025. Kartikeya Dhruv Kaji was appointed as Director on 01 Apr 2024. Elcid Investments has 20 board changes on record in total.
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