Finecore Financial Services Private Limited
About Finecore Financial Services Private Limited
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Finecore Financial Services Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2012PTC069918. Its GSTIN is 24AABCF9880B1ZQ (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Avinash Arjun Jagtap and Mohan Bharath Kumar.
Its last annual general meeting (AGM) was held on 01 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No. 13 Arihant Super Market Near Lalbaug Manjalpur, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.81 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹5.56 Lakh (net margin 28.1%) and EBITDA of ₹7.49 Lakh (EBITDA margin 37.8%). Revenue has grown at a compounded annual rate (CAGR) of 124% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Finecore Financial Services Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 13 Arihant Super Market Near Lalbaug Manjalpur, Vadodara, Gujarat, India – 390010
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Finecore Financial Services 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
Financials of Finecore Financial Services Private Limited
FY 2020 filings availableFinecore Financial Services Private Limited reported revenue of ₹19.81 Lakh (up 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 17% growth in the latest year. EBITDA rose 42% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.81 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.56 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.8% | ||||
| Net Profit Margin | 28.1% | ||||
| 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 Finecore Financial Services Private Limited, buy the company report.
Board of directors of Finecore Financial Services Private Limited
Finecore Financial Services 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 |
|---|---|---|---|---|
| Avinash Arjun Jagtap | Director | 17 Oct 2017 | 9 Years 0 Months | Current |
| Mohan Bharath Kumar Also directs: Agrivoltaics Private Limited, Start42hub Ventures Private Limited | Director | 17 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Finecore Financial Services Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calculus Homes Private Limited | ₹19.83 Lakh (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| Shiraj Marketing Private Limited | ₹19.83 Lakh (FY 2024) | -97.0% | Delhi, India | |||
| Vainavin Corporate Private Limited | ₹19.82 Lakh (FY 2025) | -1.0% | Bhilai, Chhattisgarh, India | |||
| Gadag Chits Private Limited | ₹19.82 Lakh (FY 2025) | 8.0% | Gadag, Karnataka, India | |||
| Singhi Finlease Private Limited | ₹19.81 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Finecore Financial Services Private Limitedthis company | ₹19.81 Lakh (FY 2020) | ₹5.56 Lakh | 28.1% | 17.0% | Vadodara, Gujarat, India | |
| Raising Customer Services Private Limited | ₹19.81 Lakh (FY 2024) | -55.0% | New Delhi, Delhi, India | |||
| Jivap Securities Private Limited | ₹19.8 Lakh (FY 2025) | 112.0% | Delhi, India | |||
| Prerna Healthcare Private Limited | ₹19.79 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Matrix Corporate Solutions Private Limited | ₹19.79 Lakh (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Cheersbazaar India Private Limited | ₹19.78 Lakh (FY 2025) | -1.0% | Delhi, India |
To see the full peer comparison of Finecore Financial Services Private Limited, buy the company report.
Auditor
Finecore Financial Services Private Limited is audited by TEJAS K SONI & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJAS K SONI & COMPANY | FY 2020 | 135093W |
Shareholding
The shareholding of Finecore Financial Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Finecore Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finecore Financial Services 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 Finecore Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finecore Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF9880B1ZQ | Gujarat | Active | 04 Feb 2018 |
To see the full GST registrations and return filing status of Finecore Financial Services Private Limited, buy the company report.
Recent activity
Finecore Financial Services Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Avinash Arjun Jagtap ceased to be Additional Director on 01 Jun 2020.
Frequently asked questions
Finecore Financial Services is an active private limited company based in Vadodara, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 April 2012 (14+ years old) and is registered under CIN U67120GJ2012PTC069918.
Finecore Financial Services has 2 current directors:
- Avinash Arjun Jagtap - Director
- Mohan Bharath Kumar - Director
The latest financial statements of Finecore Financial Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 01 June 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Finecore Financial Services is 24AABCF9880B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Finecore Financial Services is U67120GJ2012PTC069918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finecore Financial Services was incorporated on 17 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Finecore Financial Services by revenue are Calculus Homes Private Limited, Shiraj Marketing Private Limited, Vainavin Corporate Private Limited, Gadag Chits Private Limited, Singhi Finlease Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Avinash Arjun Jagtap ceased to be Additional Director on 01 Jun 2020. Mohan Bharath Kumar ceased to be Additional Director on 01 Jun 2020. Arvind Kurjibhai Yadav ceased to be Director on 01 Dec 2017. Finecore Financial Services has 8 board changes on record in total.
The registered office of Finecore Financial Services is at Shop No. 13 Arihant Super Market Near Lalbaug Manjalpur, Vadodara, Gujarat, India – 390010.
Finecore Financial Services operates in the financial services industry, in the diversified financial services segment.
The compliance status of Finecore Financial Services is compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.