Finex Industries Private Limited

Finex Industries Private Limited - consumer electronics & durables in Dindori, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH2009PTC190464 Incorporated 20 February 2009 ROC Mumbai HQ Dindori, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2025
₹51.81 Cr
▼ 44% YoY
Net profit · FY 2025
₹1.9 Cr
Net margin 3.7%
EBITDA · FY 2025
₹4.71 Cr
EBITDA margin 9.1%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹20.25 Cr
Satisfied ₹27.25 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
18
Provident fund records

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 U74110MH2009PTC190464
Registration Number 190464
Incorporation Date 20 February 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0002123

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.

CINStatus
U74110MH2009PTC190464Current
U52332MH2009PTC190464Previous

Recognitions & Rankings of Finex Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-23-0002123

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
  • Registered Address
    Gat No 243/1B Pimpalnare, Dindori Pimpalnar, Maharashtra, India – 422004
  • Industry
    Consumer Electronics & Durables, Furniture Retail & Distribution

To see the full contact details of Finex Industries Private Limited, buy the company report.

Comprehensive company report
Finex Industries Private 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 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing16Manufacture 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 available

Finex Industries Private Limited reported revenue of ₹51.81 Cr (down 44% YoY) for FY 2025.

Revenue · FY 2025
₹51.81 Cr ▼ 44%
Net profit · FY 2025
₹1.9 Cr margin 3.7%
EBITDA · FY 2025
₹4.71 Cr margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▲ 38%
5 years · compounded
▲ 20%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.9 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin3.7%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Nanaji Dodha KhairnarDirector17 Jul 201511 Years 3 MonthsCurrent
Mahesh Dagaji AherDirector17 Jul 201511 Years 3 MonthsCurrent
Uttam Vasant AherDirector20 Feb 200917 Years 8 MonthsCurrent

Auditor

Finex Industries Private Limited is audited by OSTWAL & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
OSTWAL & COMPANYFY 2023121619W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹20.25 Cr
Satisfied charges
₹27.25 Cr
Breakdown by lending institutions
Others₹20.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Oct 2022100643626Others₹20.25 CrOpen
27 Feb 2025101057445Others₹2.25 CrSatisfied
13 Jan 2025101034474Others₹2.25 CrSatisfied
27 Oct 2021100498888Hdfc Bank Limited₹9.99 CrSatisfied
04 Oct 2017100133114Others₹1.5 CrSatisfied

To see the full charge records of Finex Industries Private Limited, buy the company report.

Total charge records: 8 View all charges

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.

Employee count
18
Active EPFO establishments
1
Employee growth
-10%

GST

Finex Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AABCF3430D1Z6MaharashtraActive01 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.

Charges
A charge registered on 13 Jan 2025 via Charge ID 101034474 with Others was fully satisfied on 19 Nov 2025.
AGM
Finex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 27 Feb 2025 via Charge ID 101057445 with Others was fully satisfied on 24 Apr 2025.
Filing
Finex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 20.25 Cr registered on 10 Oct 2022 with Charge ID 100643626 was modified on 12 Mar 2025.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 101057445 was registered on 27 Feb 2025.
Charges
A charge with Others of Rs. 2.25 Cr registered on 13 Jan 2025 with Charge ID 101034474 was modified on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 101034474 was registered on 13 Jan 2025.
Charges
A charge registered on 27 Oct 2021 via Charge ID 100498888 with Hdfc Bank Limited was fully satisfied on 04 Nov 2022.
Charges
A charge with Others amounted to Rs. 20.25 Cr with Charge ID 100643626 was registered on 10 Oct 2022.
Charges
A charge registered on 04 Oct 2017 via Charge ID 100133114 with Others was fully satisfied on 16 Feb 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 9.99 Cr registered on 27 Oct 2021 with Charge ID 100498888 was modified on 31 Dec 2021.

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:

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.