About Elements Financial Solutions Private Limited
Data last updated:
Elements Financial Solutions Private Limited is a private 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 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC243942. Its GSTIN is 27AADCE5508K1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhavi Sharad Deshpande and Siddhi Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.44 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Cr (net margin 21.8%) and EBITDA of ₹2.89 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 49% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elementsfs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice 501 Fifth Floor (Full) A Wing E Block Trade Link, Senapati Bapat Marg Lower Parel Kamla Mill Compound, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Elements Financial Solutions Private Limited
The main business activity of Elements Financial Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elements Financial Solutions Private Limited FY 2024 filings available
Elements Financial Solutions Private Limited reported revenue of ₹9.44 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Elements Financial Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 20% growth in the latest year. EBITDA rose 62% 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 of Elements Financial Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.06 Cr | •••• | •••• | •••• | •••• |
| 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 of Elements Financial Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elements Financial Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Elements Financial Solutions Private Limited
Elements Financial Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavi Sharad Deshpande | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
| Siddhi Agarwal Also directs: Findigi Node Solutions LLP | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
Peer Comparison of Elements Financial Solutions Private Limited
Elements Financial Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avtar Interiors Private Limited | ₹9.46 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Vyuhana Private Limited | ₹9.46 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Bangalore, Karnataka, India |
| East Consultancy Services Private Limited | ₹9.46 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Pricing Innovations Solutions Private Limited | ₹9.45 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Biomass Research and Technical Solution Private Limited | ₹9.45 Cr (FY 2025) | •••• | •••• | 2063.0% | •••• | Kanpur, Uttar Pradesh, India |
| Elements Financial Solutions Private Limited this company | ₹9.44 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Evaluationz India Private Limited | ₹9.44 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bengaluru, Karnataka, India |
| Oasis Buildhome Private Limited | ₹9.43 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Rudra Professional Services Private Limited | ₹9.42 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| Oswal Dhan Pvt Ltd | ₹9.41 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Ahmedabad, Gujarat, India |
| Miota Research Private Limited | ₹9.41 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Elements Financial Solutions by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elements Financial Solutions Private Limited
Auditor information for Elements Financial Solutions Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Elements Financial Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elements Financial Solutions Private Limited
Elements Financial Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elements Financial Solutions Private Limited
Employment history and EPFO contributions of people linked to Elements Financial Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elements Financial Solutions Private Limited
Elements Financial Solutions Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Dheeraj Jhawar ceased to be Director on 31 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Elements Financial Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elements Financial Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elements Financial Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elements Financial Solutions Private Limited
Elements Financial Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE5508K1ZJ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elements Financial Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elements Financial Solutions Private Limited
Elements Financial Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 June 2013 (13+ years old) and is registered under CIN U74120MH2013PTC243942.
Elements Financial Solutions reported revenue of ₹9.44 Cr for FY 2024 (up 20% YoY).
Elements Financial Solutions has 2 current directors:
- Madhavi Sharad Deshpande - Director
- Siddhi Agarwal - Director
Elements Financial Solutions reported a net profit of ₹2.06 Cr (net margin 21.8%) and EBITDA of ₹2.89 Cr (EBITDA margin 30.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elements Financial Solutions is 54% over three years and 49% over five years. In the latest year (FY 2024) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elements Financial Solutions is 27AADCE5508K1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elements Financial Solutions is U74120MH2013PTC243942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elements Financial Solutions was incorporated on 03 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elements Financial Solutions by revenue are Avtar Interiors Private Limited, Vyuhana Private Limited, East Consultancy Services Private Limited, Pricing Innovations Solutions Private Limited, Biomass Research and Technical Solution Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Dheeraj Jhawar ceased to be Director on 31 Dec 2013. Sandeep Agarwal ceased to be Director on 31 Dec 2013. Dheeraj Jhawar was appointed as Director on 03 Jun 2013. Elements Financial Solutions has 6 board changes on record in total.
Elements Financial Solutions can be reached through the website elementsfs.com. Its registered office is in Mumbai, Maharashtra, India.