Fervent Synergies Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24239MH2009PLC193843 Incorporated 06 July 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 533896 Public Limited Company financial services
Data last updated
Market Cap
₹77.65 Cr
FERVENTSYN · BSE
Share Price
₹16.00
+3.03% today
Revenue
₹16.35 Cr
FY 2025-26 · -49.6% YoY
EBITDA
₹3.89 Cr
Margin 23.8%
Net Profit
₹3.82 Cr
FY 2025-26 · +29.5% YoY
P/E (TTM)
22.9x
P/B 1.4x
ROE
7.2%
ROCE 7.2%
Debt / Equity
0.01
Interest cover 0.3x

About Fervent Synergies Limited

Data last updated:

Fervent Synergies 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 06 July 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24239MH2009PLC193843. Its GSTIN is 27AABCF3869J1ZA (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 533896.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹50 Cr. It was formerly known as Fervent Pharma Synergies Limited. It is led by directors including Sanjay Pravinchandra Thakkar (Managing Director) and Karan Vijay Thakkar.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 7/8 Satyam Shopping Centre M.G.Road Ghatkopar East, Mumbai, Maharashtra, India – 400077.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹16.35 Cr, a decline of 49.6% compared to the previous year. For the same year it recorded a net profit of ₹3.82 Cr (net margin 23.4%) and EBITDA of ₹3.89 Cr (EBITDA margin 23.8%). The net worth stands at ₹57.15 Cr (up 17.5% YoY). Total assets are valued at ₹57.88 Cr (up 18.9% YoY).

The company is associated with 1 brand: Fervent Synergies. As per MCA filings, the company has satisfied charges of ₹15 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company. The company has 28 deals on record (28 market trades); the latest was in November 2022. Its 5 peer companies in the BFSI industry (Food and Beverages Retail and Distribution, Other Financial Services), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Sonalben Khakharawala (Keshavbaugwala) Private Limited with revenue of ₹32.56 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 ferventsynergies.com.

Company details

CIN L24239MH2009PLC193843
Registration Number 193843
Incorporation Date 06 July 2009
ROC Mumbai
Listing Status Listed - Listed on BSE (533896)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Fervent Synergies has one previous CIN (Corporate Identification Number): U24239MH2009PLC193843. The current CIN is L24239MH2009PLC193843, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24239MH2009PLC193843Current
U24239MH2009PLC193843Previous

Contact details

Fervent Synergies Limited's registered office is in Mumbai, Maharashtra. Its website is ferventsynergies.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 7/8 Satyam Shopping Centre M.G.Road Ghatkopar East, Mumbai, Maharashtra, India – 400077
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Fervent Synergies Limited, buy the company report.

Comprehensive company report
Fervent Synergies 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

Fervent Synergies operates one associated brand: FERVENT SYNERGIES. Each brand links to its own profile.

BrandDescriptionWebsite
Pharmaceutical business consulting services are provided by Fervent Synergies.ferventsynergies.com

Business activity

The main business activities of Fervent Synergies are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Fervent Synergies Limited, buy the company report.

Financials of Fervent Synergies Limited

FY 2025-26 filings available

Fervent Synergies Limited reported revenue of ₹16.35 Cr (down 49.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹16.35 Cr
-49.6% YoY
EBITDA
₹3.89 Cr
+30.1% YoY
Profit After Tax
₹3.82 Cr
+29.5% YoY
Net Worth
₹57.15 Cr
+17.5% YoY
Total Assets
₹57.88 Cr
+18.9% YoY
Total Debt
₹0.69 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16.3532.4624.314.630.682.217.35
Revenue growth-49.6%+33.5%+425.1%+580.9%-69.2%-69.9%-
EBITDA3.892.99(12.76)0.48(0.18)0.280.45
EBITDA margin+23.8%+9.2%-52.5%+10.4%-26.5%+12.7%+6.1%
Profit before tax3.842.95(12.84)0.44(0.20)0.230.31
Net profit3.822.95(12.84)0.23(0.24)0.170.23
Net profit margin+23.4%+9.1%-52.8%+5.0%-35.3%+7.7%+3.1%
EPS (₹)0.760.68(4.28)0.08(0.08)0.060.08
Balance sheet
Total assets57.8848.6930.4343.2643.0343.0942.62
Net worth57.1548.6430.3843.2242.9943.0442.58
Total debt0.690.000.000.000.000.000.00
Cash & bank0.290.060.010.210.295.0814.90
Net working capital49.4441.2522.9527.2526.9924.8124.61
Cash flow
Cash from operations(3.39)(15.08)(0.20)(0.07)(2.19)0.181.95
Cash from investing(1.06)0.000.000.002.400.00(0.22)
Cash from financing4.6915.120.000.000.000.000.00
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue0.740.745.209.780.680.685.4026.33
Revenue growth (YoY)+8.8%+8.8%-3.7%-62.9%+74.4%+100.0%--
Other income0.000.000.010.000.000.000.000.00
Total expenses0.300.494.307.630.250.294.8923.98
EBITDA0.440.250.902.150.430.390.512.35
EBITDA margin+59.5%+33.8%+17.3%+22.0%+63.2%+57.4%+9.4%+8.9%
Depreciation0.040.040.020.010.010.010.010.01
Interest0.010.010.010.000.000.000.000.00
Profit before tax0.390.200.882.140.420.380.502.34
Tax0.000.000.020.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 03 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue0.740.745.209.780.680.685.4026.33
Revenue growth (YoY)+8.8%+8.8%-3.7%-62.9%+74.4%+100.0%--
Other income0.000.000.010.000.000.000.000.00
Total expenses0.300.494.307.630.250.294.8923.98
EBITDA0.440.250.902.150.430.390.512.35
EBITDA margin+59.5%+33.8%+17.3%+22.0%+63.2%+57.4%+9.4%+8.9%
Depreciation0.040.040.020.010.010.010.010.01
Interest0.010.010.010.000.000.000.000.00
Profit before tax0.390.200.882.140.420.380.502.34
Tax0.000.000.020.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16.3532.4624.314.630.682.217.35
Revenue growth-49.6%+33.5%+425.1%+580.9%-69.2%-69.9%-
Other income0.010.000.000.000.020.000.03
Total expenses12.4629.4737.074.150.861.936.90
Employee cost0.290.320.290.270.300.240.25
EBITDA3.892.99(12.76)0.48(0.18)0.280.45
EBITDA margin+23.8%+9.2%-52.5%+10.4%-26.5%+12.7%+6.1%
Depreciation0.050.040.040.040.040.040.02
Interest0.010.000.040.000.000.010.15
Profit before tax3.842.95(12.84)0.44(0.20)0.230.31
Tax0.020.000.000.210.040.060.08
Net profit3.822.95(12.84)0.23(0.24)0.170.23
Net profit margin+23.4%+9.1%-52.8%+5.0%-35.3%+7.7%+3.1%
EPS (₹)0.760.68(4.28)0.08(0.08)0.060.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital50.0043.7530.0030.0030.0030.0030.00
Reserves & surplus7.153.330.3813.2212.9913.0412.58
Shareholders' funds (net worth)57.1548.6430.3843.2242.9943.0442.58
Secured loans0.690.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.690.000.000.000.000.000.00
Total liabilities57.8848.6930.4343.2643.0343.0942.62
Assets
Gross block8.917.857.8516.3516.3517.9817.97
Net block8.507.487.5216.0616.1017.7717.79
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.570.28
Inventories0.000.000.000.000.000.001.39
Sundry debtors0.000.000.000.600.001.752.65
Cash & bank balances0.290.060.010.210.295.0814.90
Loans & advances49.2941.2322.9726.5826.7418.576.39
Total current assets49.5841.2922.9827.3927.0325.4025.33
Total current liabilities0.140.040.030.140.040.590.72
Net working capital49.4441.2522.9527.2526.9924.8124.61
Total assets57.8848.6930.4343.2643.0343.0942.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.060.010.210.290.08(0.10)(1.83)
Net cash from operating activities(3.39)(15.08)(0.20)(0.07)(2.19)0.181.95
Net cash from investing activities(1.06)0.000.000.002.400.00(0.22)
Net cash from financing activities4.6915.120.000.000.000.000.00
Net change in cash0.240.04(0.20)(0.07)0.210.181.73
Closing cash0.290.060.010.210.295.0814.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-49.6%+33.5%+425.1%+580.9%-69.2%-69.9%-
EBITDA growth+30.1%+123.4%-2758.3%+366.7%-164.3%-37.8%-
PBT growth+30.2%+9998.0%-+9998.0%--25.8%-82.1%
Net income growth+29.5%+123.0%-5682.6%+195.8%-241.2%-26.1%-
Revenue CAGR (3Y)+52.3%+262.8%+122.4%-14.3%-65.6%-26.3%-42.7%
EBITDA CAGR (3Y)+100.9%--+2.2%--36.6%-44.8%
Profitability & leverage
Net income margin+23.4%+9.1%-52.8%+5.0%-35.3%+7.7%+3.1%
Return on capital employed+7.2%+7.5%0.0%+1.0%-0.5%+0.6%+1.1%
Return on net worth+7.2%+7.5%0.0%+0.5%-0.6%+0.4%+0.6%
Debt / equity0.010.000.000.000.000.000.00
Long-term debt / equity0.010.000.000.000.000.000.00
Interest cover0.260.00-0.310.000.004.1734.88
Efficiency & per share
Fixed asset turnover1.954.142.010.280.040.120.41
Inventory turnover0.000.000.000.000.003.1810.58
Debtors turnover0.000.0081.0315.430.781.002.59
EPS (₹)0.760.68(4.28)0.08(0.08)0.060.08
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)11.4310.7610.1314.4114.3314.3514.19

To see the full year-wise statements and ratios of Fervent Synergies Limited, buy the company report.

Board of directors of Fervent Synergies Limited

Fervent Synergies has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Karan Vijay ThakkarDirector03 Dec 201312 Years 11 MonthsCurrent
Vijay Pravinchandra ThakkarDirector06 Jul 200917 Years 3 MonthsCurrent
Sanjay Pravinchandra ThakkarManaging Director06 Jul 200917 Years 3 MonthsCurrent
Ashwin Gagubhai SanghviDirector01 Apr 20260 Years 7 MonthsCurrent
Mira Bharat ShahDirector01 Apr 20260 Years 7 MonthsCurrent
Rahul Nitin ParikhDirector01 Apr 20260 Years 7 MonthsCurrent

Peer comparison

Fervent Synergies Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Food and Beverages Retail and Distribution, Other Financial Services), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sonalben Khakharawala (Keshavbaugwala) Private Limited₹32.56 Cr (FY 2025)491.0%Ahmedabad, Gujarat, India
Shivswarajya Agrotech Private Limited₹32.51 Cr (FY 2022)99.0%Pune, Maharashtra, India
Arham Foods Private Limited₹32.47 Cr (FY 2025)12.0%Kolkata, West Bengal, India
SRM Global Infraa Limited₹32.46 Cr (FY 2024)5.0%Bhubaneswar, Odisha, India
Fortune Plus Marketing Solutions Private Limited₹32.37 Cr (FY 2019)-1.0%Delhi, India
Fervent Synergies Limitedthis company₹16.35 Cr (FY 2026)₹3.82 Cr23.4%-49.6%Mumbai, Maharashtra, India

To see the full peer comparison of Fervent Synergies Limited, buy the company report.

Auditor

Fervent Synergies Limited is audited by S H Dama & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S H Dama & AssociatesFY 2023125932W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 74.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.30%.

Promoters: 74.80%Retail & Others: 25.30%
Mar 2026
QUARTER
74.80% Promoters
25.30% Retail & Others
Promoter holding - history
Now 74.80% · Mar 2026High 74.80% · Jun 2025Low 74.80% · Jun 2025
73%73.8%74.5%75.3%76%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 74.80%Sep 2025: 74.80%Dec 2025: 74.80%Mar 2026: 74.80%74.80%74.80%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters74.80%74.80%74.80%74.80%
Public25.20%25.20%25.20%25.20%

Charges & borrowings

Open charges
None
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Canara Bank₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 199590159468Canara Bank₹15 LakhSatisfied

To see the full charge records of Fervent Synergies Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Fervent Synergies Limited has 28 deals on record (28 market trades); the latest was in November 2022.

Total deals
28
Market trades
28

Deals on record (5 of 28)

WhenDealAmountParties
Nov 2022Market trade₹2.33 CrBuyer: an individual
Seller: Anayu Polymers Private Limited
Nov 2022Market trade₹1.33 CrBuyer: Blue Berry Securities Private Limited
Seller: Anayu Polymers Private Limited
Mar 2021Market trade₹84 LakhBuyer: an individual
Seller: Ketul Chem Private Limited
Oct 2017Market trade₹6.29 CrBuyer: an individual
Seller: Ketul Chem Private Limited , 2 individuals
Dec 2015Market trade₹1.98 CrBuyer: Ketul Chem Private Limited
Seller: Vishwamurte Trad Invest Pe Ltd

To see the full deal history of Fervent Synergies Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fervent Synergies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Fervent Synergies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCF3869J1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Fervent Synergies Limited, buy the company report.

Recent activity

Fervent Synergies Limited has 13 board changes on record since 2009: 11 appointments and 2 cessations. The latest: Ashwin Gagubhai Sanghvi was appointed as Director on 01 Apr 2026.

Appointed
Ashwin Gagubhai Sanghvi was appointed as Director.
Appointed
Mira Bharat Shah was appointed as Director.
Appointed
Rahul Nitin Parikh was appointed as Director.
Filing
Fervent Synergies Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Fervent Synergies Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Ashok Premji Gohil ceased to be Whole-Time Director.
Ceased
Jagdish Chimanlal Mehta ceased to be Director.
Charges
A charge registered on 06 Aug 1995 via Charge ID 90159468 with Canara Bank was fully satisfied on 12 Jul 2018.
Appointed
Falguni Kaushik Mehta was appointed as Director.
Appointed
Karan Vijay Thakkar was appointed as Director.
Appointed
Jagdish Chimanlal Mehta was appointed as Director.
Appointed
Rajesh Manekji Maheswari was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Fervent Synergies 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 06 July 2009 (17+ years old) and is registered under CIN L24239MH2009PLC193843. Listed on BSE: 533896.

Fervent Synergies reported revenue of ₹16.35 Cr for FY 2025-26 (down 49.6% YoY) based on standalone financials.

Fervent Synergies has 6 current directors:

The latest financial statements of Fervent Synergies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Fervent Synergies is 27AABCF3869J1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Fervent Synergies is L24239MH2009PLC193843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Fervent Synergies is a listed company as per MCA records. Its shares are listed on BSE (code: 533896).

Fervent Synergies has 8 court cases on record: 8 filed by the company. Most are in the nclat.

Fervent Synergies was incorporated on 06 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

Fervent Synergies has 28 deals on record (28 market trades); the latest was in November 2022.

The peers of Fervent Synergies by revenue are Sonalben Khakharawala (Keshavbaugwala) Private Limited, Shivswarajya Agrotech Private Limited, Arham Foods Private Limited, SRM Global Infraa Limited, Fortune Plus Marketing Solutions Private Limited, all in the BFSI industry (Food and Beverages Retail and Distribution, Other Financial Services), with the same principal business activity (wholesale trading).