Finance Industry Development Council

Finance Industry Development Council - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U91990MH2004NPL146931 Incorporated 14 June 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Not For Profit Company business services
Data last updated
Revenue · FY 2026
₹1.89 Cr
▲ 131% YoY
Net profit · FY 2026
₹36 Lakh
Net margin 19.1%
EBITDA · FY 2026
₹48.97 Lakh
EBITDA margin 26%
Company age
22 yrs
Est. 2004
Directors on board
20
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2026
Balance sheet date
Last AGM
20 Aug 2025
Annual general meeting

About Finance Industry Development Council

Data last updated:

Finance Industry Development Council is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the business support services segment of the business services sector. It was incorporated on 14 June 2004 and has been in existence for over 22 years.

Its director VP Nandakumar is #236 among India's richest people (2026). Its director Kamlesh Chimanlal Gandhi and family are #824 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91990MH2004NPL146931. Its GSTIN is 27AACCF3883H1ZG (Maharashtra).

It is led by directors including Rajiv Lochan Chellappa and Vazhappully Padmanabhan Nandakumar.

Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2026, the company reported a revenue of ₹1.89 Cr, a growth of 131% compared to the previous year. For the same year it recorded a net profit of ₹36 Lakh (net margin 19.1%) and EBITDA of ₹48.97 Lakh (EBITDA margin 26%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 39% 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 fidcindia.com.

Company details

CIN U91990MH2004NPL146931
Registration Number 146931
Incorporation Date 14 June 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Finance Industry Development Council has one previous CIN (Corporate Identification Number): U91990MH2004GAT146931. The current CIN is U91990MH2004NPL146931, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U91990MH2004NPL146931Current
U91990MH2004GAT146931Previous
Key People
Rajiv Lochan Chellappa Director Vazhappully Padmanabhan Nandakumar Director Shachindra Nath Director

Recognitions & Rankings of Finance Industry Development Council

Contact details

Finance Industry Development Council's registered office is in Mumbai, Maharashtra. Its website is fidcindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    fidcindia.com
  • Registered Address
    101/103 Sunflower 1st Floor Rajawadi Road No.2 Opp. Rajawadi Garden, Ghatkopar, Mumbai, Maharashtra, India – 400077
  • Industry
    Business Services, Business Support Services

To see the full contact details of Finance Industry Development Council, buy the company report.

Comprehensive company report
Finance Industry Development Council - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Finance Industry Development Council is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Finance Industry Development Council, buy the company report.

Financials of Finance Industry Development Council

FY 2026 filings available

Finance Industry Development Council reported revenue of ₹1.89 Cr (up 131% YoY) for FY 2026.

Revenue · FY 2026
₹1.89 Cr ▲ 131%
Net profit · FY 2026
₹36 Lakh margin 19.1%
EBITDA · FY 2026
₹48.97 Lakh margin 26%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 131%
3 years · compounded
▲ 59%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 329%
3 years · compounded
▲ 73%
5 years · compounded
▲ 74%

Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 131% growth in the latest year. EBITDA rose 329% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.89 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹48.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36 Lakh
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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin26%
Net Profit Margin19.1%
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

To see the full financial statements and ratios of Finance Industry Development Council, buy the company report.

Board of directors of Finance Industry Development Council

Finance Industry Development Council has 20 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv Lochan Chellappa
Also directs: Sundaram Finance Limited, Prodapt Solutions Private Limited, Life Style International Private Limited and 3 more
Director20 May 20251 Years 5 MonthsCurrent
Vazhappully Padmanabhan Nandakumar
Also directs: Manappuram Finance Limited, Manappuram Agro Farms Limited, Manappuram Health Care Limited and 5 more
Director26 Aug 201016 Years 2 MonthsCurrent
Shachindra Nath
Also directs: Poshika Advisory Services LLP, Ugro Capital Limited, Poshika Financial Ecosystem Private Limited and 1 more
Director21 Nov 20232 Years 11 MonthsCurrent
Dinesh Hasmukhrai Kanabar
Also directs: Dhruva Advisors LLP, Dream City Properties LLP, Dhruva Advisor Ifsc LLP and 5 more
Director23 Aug 20242 Years 2 MonthsCurrent
Alok Sondhi
Also directs: Reliable Agro Enggservices Pvt Ltd, Punjab Kashmir Finance Limited, Punjab Reliable Investments Pvt Ltd and 2 more
Director22 Jul 200422 Years 3 MonthsCurrent
Manish Anant Shah
Also directs: Godrej Investment Limited, Godrej Housing Finance Limited, Godrej Wealth & Asset Management Limited and 4 more
Director23 Aug 20242 Years 2 MonthsCurrent
Showing 6 of 20 current directors. View all directors

Auditor

Finance Industry Development Council is audited by BHUWANI & AGRAWAL ASSOCIATES for the financial year 2026.

Auditor firmFinancial yearFirm registration number
BHUWANI & AGRAWAL ASSOCIATESFY 2026101483W

Shareholding

The shareholding of Finance Industry Development Council is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Finance Industry Development Council, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Finance Industry Development Council; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Finance Industry Development Council has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCF3883H1ZGMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Finance Industry Development Council, buy the company report.

Recent activity

Finance Industry Development Council has 63 board changes on record since 2004: 22 appointments and 41 cessations. The latest: Raul Ignatius Rebello was appointed as Additional Director on 01 Feb 2026.

Filing
Finance Industry Development Council has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Raul Ignatius Rebello was appointed as Additional Director.
Appointed
Madhav Nair was appointed as Additional Director.
AGM
Finance Industry Development Council last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records.
Ceased
Bhimaraya Ambanna Metri ceased to be Additional Director.
Ceased
Deepak Mehta ceased to be Additional Director.
Ceased
Hemant Chordia ceased to be Additional Director.
Ceased
Narendra Damodar Jadhav ceased to be Additional Director.
Ceased
Prem Kumar Arora ceased to be Additional Director.
Ceased
Rajiv Lochan Chellappa ceased to be Additional Director.
Ceased
Ravindra Kumar Kundu ceased to be Additional Director.
Ceased
Mahesh Gopalji Thakkar ceased to be Director.

54 earlier events are in the company report.

News

Frequently asked questions

Finance Industry Development Council is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 14 June 2004 (22+ years old) and is registered under CIN U91990MH2004NPL146931.

Finance Industry Development Council has 20 current directors:

The latest financial statements of Finance Industry Development Council on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Finance Industry Development Council is 27AACCF3883H1ZG, registered in Maharashtra.

The CIN (Corporate Identification Number) of Finance Industry Development Council is U91990MH2004NPL146931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Finance Industry Development Council was incorporated on 14 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Raul Ignatius Rebello was appointed as Additional Director on 01 Feb 2026. Madhav Nair was appointed as Additional Director on 13 Oct 2025. Bhimaraya Ambanna Metri ceased to be Additional Director on 28 May 2025. Finance Industry Development Council has 63 board changes on record in total.

Finance Industry Development Council can be reached through the website fidcindia.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Finance Industry Development Council is at 101103 Sunflower 1st Floor Rajawadi Road No.2 Opp. Rajawadi Garden, Ghatkopar, Mumbai, Maharashtra, India – 400077.

Finance Industry Development Council operates in the business services industry, in the business support services segment.