Fine Capital Resources Private Limited
About Fine Capital Resources Private Limited
Data last updated:
Fine Capital Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Fine Estates Private Limited. It operates in the advisory services segment of the financial services sector. It was incorporated on 21 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2010PTC202253.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Lakh. It was formerly known as Bay Capital Resources Private Limited. It is led by directors Jitesh Prabodh Diwan and Mirza Saeed Kazi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹60,000, a growth of 140% compared to the previous year. For the same year it recorded a net profit of ₹7,000 (net margin 11.7%) and EBITDA of ₹9,000 (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fine Capital Resources Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address111 Maker Chambers IV, 11th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Fine Capital Resources Private Limited, 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 Fine Capital Resources 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 Fine Capital Resources Private Limited, buy the company report.
Financials of Fine Capital Resources Private Limited
FY 2025 filings availableFine Capital Resources Private Limited reported revenue of ₹60,000 (up 140% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 140% growth in the latest year. EBITDA rose 1000% 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 |
|---|---|---|---|---|---|
| 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 | ₹9,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7,000 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 11.7% | ||||
| 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 Fine Capital Resources Private Limited, buy the company report.
Board of directors of Fine Capital Resources Private Limited
Fine Capital Resources has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitesh Prabodh Diwan Also directs: Alpha Asset Advisors LLP, Associated Luggage Company Private Limited, HJB Developers & Builders Private Limited and 5 more | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
| Mirza Saeed Kazi Also directs: Alpha Asset Advisors LLP, Transchem Limited, Associated Luggage Company Private Limited and 5 more | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Fine Capital Resources Private Limited is audited by MAHESHWARI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI & CO. | FY 2017 | 105834W |
Shareholding
The shareholding of Fine Capital Resources Private Limited 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 Fine Capital Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fine Capital Resources Private Limited 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 Fine Capital Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fine Capital Resources Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fine Capital Resources Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Jitesh Prabodh Diwan ceased to be Additional Director on 04 Aug 2022.
Frequently asked questions
Fine Capital Resources 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 21 April 2010 (16+ years old) and is registered under CIN U74900MH2010PTC202253.
Fine Capital Resources has 2 current directors:
- Jitesh Prabodh Diwan - Director
- Mirza Saeed Kazi - Director
The latest financial statements of Fine Capital Resources on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fine Capital Resources is U74900MH2010PTC202253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine Capital Resources was incorporated on 21 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Jitesh Prabodh Diwan ceased to be Additional Director on 04 Aug 2022. Radhika Bhagatsingh Bhakuni ceased to be Director on 24 Sep 2021. Jitesh Prabodh Diwan was appointed as Director on 23 Sep 2021. Fine Capital Resources has 8 board changes on record in total.
The registered office of Fine Capital Resources is at 111 Maker Chambers IV, 11th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
Fine Capital Resources operates in the financial services industry, in the advisory segment.
The compliance status of Fine Capital Resources is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Fine Capital Resources was formerly known as Bay Capital Resources Private Limited.