MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0357715
Fineworthy Software Solutions Limited
Fineworthy Software Solutions Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.3 Cr
▲ 1251% YoY
Net profit · FY 2025
₹53.08 Cr
Net margin 88%
EBITDA · FY 2025
₹58.12 Cr
EBITDA margin 96.4%
Authorised capital
₹17 Cr
Registered with MCA
Paid-up capital
₹3.67 Cr
Issued & subscribed
Satisfied charges
₹198 Cr
No open charges
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
About Fineworthy Software Solutions Limited
Data last updated:
Fineworthy Software Solutions Limited is a public limited company based in Thane, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2012PLC233225. Its GSTIN is 27AACCF0102F1ZE (Maharashtra).
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹3.67 Cr. It was formerly known as Fineworthy Software Solutions Private Limited. It is led by directors including Pallavi Pradeep Chalke and Ashish Dhirajlal Turakhia.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iifl House Sun Infotech Park Road No 16V Plot No.B – 23 MIDC Thane Industrial Area Wa, Gle Estate, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹53.08 Cr (net margin 88%) and EBITDA of ₹58.12 Cr (EBITDA margin 96.4%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years and 39% over five years.
As per MCA filings, the company has satisfied charges of ₹198 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending.
Fineworthy Software Solutions Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0357715). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200MH2012PLC233225
Registration Number 233225
Incorporation Date 10 July 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0357715
CIN history
Fineworthy Software Solutions has one previous CIN (Corporate Identification Number): U72200MH2012PTC233225. The current CIN is U72200MH2012PLC233225, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2012PLC233225 | Current |
| U72200MH2012PTC233225 | Previous |
Key People
Pallavi Pradeep Chalke Director Ashish Dhirajlal Turakhia Director Tarun Srivastava Director Recognitions & Rankings of Fineworthy Software Solutions
Contact details
Fineworthy Software Solutions Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressIifl House Sun Infotech Park Road No 16V Plot No.B – 23 MIDC Thane Industrial Area Wa, Gle Estate, Maharashtra, India – 400604
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Fineworthy Software Solutions Limited, buy the company report.
Comprehensive company report
Fineworthy Software Solutions 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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Business activity
The main business activity of Fineworthy Software Solutions 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 Fineworthy Software Solutions Limited, buy the company report.
Financials of Fineworthy Software Solutions Limited
FY 2025 filings availableFineworthy Software Solutions Limited reported revenue of ₹60.3 Cr (up 1251% YoY) for FY 2025.
Revenue · FY 2025
₹60.3 Cr ▲ 1251%
Net profit · FY 2025
₹53.08 Cr margin 88%
EBITDA · FY 2025
₹58.12 Cr margin 96.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 105%
5 years · compounded
▲ 39%
EBITDA CAGR growth
3 years · compounded
▲ 139%
5 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years. 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.4% | ||||
| Net Profit Margin | 88% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Fineworthy Software Solutions Limited, buy the company report.
Board of directors of Fineworthy Software Solutions Limited
Fineworthy Software Solutions has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Pradeep Chalke Also directs: New Growth Comtrade Private Limited | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
| Ashish Dhirajlal Turakhia Also directs: Solaredge Systems Private Limited, Resurgence Reality Holdings Private Limited, Myson Realty Holdings Private Limited and 1 more | Director | 23 Jan 2025 | 1 Years 9 Months | Current |
| Tarun Srivastava Also directs: Grey House Construction Private Limited | Director | 02 Jul 2025 | 1 Years 4 Months | Current |
Auditor
Fineworthy Software Solutions Limited is audited by PRITESH MEHTA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITESH MEHTA & CO | FY 2022 | 115857W |
Shareholding
The shareholding of Fineworthy Software Solutions Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fineworthy Software Solutions Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹198 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2024 | 100916239 | Others | ₹40 Cr | Satisfied | |
| 18 Jan 2018 | 100160304 | Hdfc Bank Limited | ₹50 Cr | Satisfied | |
| 27 Mar 2014 | 10494076 | Hdfc Bank Limited | ₹50 Cr | Satisfied | |
| 29 Aug 2012 | 10377033 | Indusind Bank Ltd. | ₹58 Cr | Satisfied |
To see the full charge records of Fineworthy Software Solutions Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Fineworthy Software Solutions Limited has 7 court cases on record: 5 filed by Fineworthy Software Solutions, 2 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 3 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Diagrams Realty LLP | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Diagrams Realty LLP | Pending |
| High Court | Court case (CARAP) | Filed against the company by Lodha Management LLP | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Lodha Management LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Diagrams Realty LLP | Disposed |
To see the full case history of Fineworthy Software Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fineworthy Software Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fineworthy Software Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF0102F1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fineworthy Software Solutions Limited, buy the company report.
Recent activity
Fineworthy Software Solutions Limited has 17 board changes on record since 2012: 4 appointments and 13 cessations. The latest: Ashish Dhirajlal Turakhia ceased to be Additional Director on 24 Aug 2025.
AGM
Fineworthy Software Solutions Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Ceased
Ashish Dhirajlal Turakhia ceased to be Additional Director.
Ceased
Tarun Srivastava ceased to be Additional Director.
Ceased
Jinesh Dhirajlal Chheda ceased to be Additional Director.
Appointed
Tarun Srivastava was appointed as Director.
Filing
Fineworthy Software Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Ashish Dhirajlal Turakhia was appointed as Director.
Appointed
Jinesh Dhirajlal Chheda was appointed as Additional Director.
Ceased
Pallavi Pradeep Chalke ceased to be Additional Director.
Appointed
Pallavi Pradeep Chalke was appointed as Director.
Charges
A charge registered on 05 Apr 2024 via Charge ID 100916239 with Others was fully satisfied on 14 Aug 2024.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100916239 was registered on 05 Apr 2024.
17 earlier events are in the company report.
Frequently asked questions
Fineworthy Software Solutions is an active public limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 July 2012 (14+ years old) and is registered under CIN U72200MH2012PLC233225.
Fineworthy Software Solutions has 3 current directors:
- Pallavi Pradeep Chalke - Director
- Ashish Dhirajlal Turakhia - Director
- Tarun Srivastava - Director
The latest financial statements of Fineworthy Software Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fineworthy Software Solutions is 27AACCF0102F1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fineworthy Software Solutions is U72200MH2012PLC233225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fineworthy Software Solutions has 7 court cases on record: 5 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Fineworthy Software Solutions was incorporated on 10 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Dhirajlal Turakhia ceased to be Additional Director on 24 Aug 2025. Tarun Srivastava ceased to be Additional Director on 24 Aug 2025. Jinesh Dhirajlal Chheda ceased to be Additional Director on 03 Jul 2025. Fineworthy Software Solutions has 17 board changes on record in total.
Yes, Fineworthy Software Solutions is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0357715).
The registered office of Fineworthy Software Solutions is at Iifl House Sun Infotech Park Road No 16V Plot No.B – 23 MIDC Thane Industrial Area Wa, Gle Estate, Maharashtra, India – 400604.
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