- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0002123

About Finex Industries Private Limited
Data last updated:
Finex Industries Private Limited is a private limited company based in Dindori, Maharashtra, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2009PTC190464. Its GSTIN is 27AABCF3430D1Z6 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Nanaji Dodha Khairnar and Mahesh Dagaji Aher.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No 243/1B Pimpalnare, Dindori Pimpalnar, Maharashtra, India – 422004.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.81 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Cr (net margin 3.7%) and EBITDA of ₹4.71 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.25 Cr and satisfied charges of ₹27.25 Cr on record.
Finex Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0002123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finexmodular.com.
Company details
CIN history
Finex Industries has one previous CIN (Corporate Identification Number): U52332MH2009PTC190464. The current CIN is U74110MH2009PTC190464, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2009PTC190464 | Current |
| U52332MH2009PTC190464 | Previous |
Recognitions & Rankings of Finex Industries
Contact details
Finex Industries Private Limited's registered office is in Dindori, Maharashtra. Its website is finexmodular.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No 243/1B Pimpalnare, Dindori Pimpalnar, Maharashtra, India – 422004
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Finex Industries 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 Finex Industries is manufacturing. In detail, this covers manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 16 | Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials |
To see the full business activity and turnover split of Finex Industries Private Limited, buy the company report.
Financials of Finex Industries Private Limited
FY 2025 filings availableFinex Industries Private Limited reported revenue of ₹51.81 Cr (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 60% 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 |
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| EBITDA | ₹4.71 Cr | ||||
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| Net Profit (PAT) | ₹1.9 Cr | ||||
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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 | 9.1% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Finex Industries Private Limited, buy the company report.
Board of directors of Finex Industries Private Limited
Finex Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanaji Dodha Khairnar | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Mahesh Dagaji Aher | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Uttam Vasant Aher | Director | 20 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Finex Industries Private Limited is audited by OSTWAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OSTWAL & COMPANY | FY 2023 | 121619W |
Shareholding
The shareholding of Finex Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Finex Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2022 | 100643626 | Others | ₹20.25 Cr | Open | |
| 27 Feb 2025 | 101057445 | Others | ₹2.25 Cr | Satisfied | |
| 13 Jan 2025 | 101034474 | Others | ₹2.25 Cr | Satisfied | |
| 27 Oct 2021 | 100498888 | Hdfc Bank Limited | ₹9.99 Cr | Satisfied | |
| 04 Oct 2017 | 100133114 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Finex Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Finex Industries 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 Finex Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finex Industries Private Limited has a workforce of 18 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Finex Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF3430D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finex Industries Private Limited, buy the company report.
Recent activity
Finex Industries Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Pandharinath Deoram Pagar ceased to be Director on 10 Aug 2020.
16 earlier events are in the company report.
Frequently asked questions
Finex Industries is an active private limited company based in Dindori, Maharashtra, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 February 2009 (17+ years old) and is registered under CIN U74110MH2009PTC190464.
Finex Industries has 3 current directors:
- Nanaji Dodha Khairnar - Director
- Mahesh Dagaji Aher - Director
- Uttam Vasant Aher - Director
The latest financial statements of Finex Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Finex Industries is 27AABCF3430D1Z6, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Finex Industries is U74110MH2009PTC190464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finex Industries was incorporated on 20 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Pandharinath Deoram Pagar ceased to be Director on 10 Aug 2020. Mahesh Dagaji Aher was appointed as Director on 17 Jul 2015. Nanaji Dodha Khairnar was appointed as Director on 17 Jul 2015. Finex Industries has 6 board changes on record in total.
Yes, Finex Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0002123).
Finex Industries can be reached through the website finexmodular.com. Its registered office is in Dindori, Maharashtra, India.
The registered office of Finex Industries is at Gat No 2431B Pimpalnare, Dindori Pimpalnar, Maharashtra, India – 422004.