First Factoring (India) Private Limited
About First Factoring (India) Private Limited
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First Factoring (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 August 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN1985PTC012093.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Hariharan Nagarajan and Gopinath Poornachary.
Its last annual general meeting (AGM) was held on 28 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Old No.71 New No.12 Third Main Road Kasturba Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2026, the company reported a revenue of ₹64,109, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.71 Lakh and EBITDA of ₹31.07 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 21% over five years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
First Factoring (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No.71 New No.12 Third Main Road Kasturba Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of First Factoring (India) 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 First Factoring (India) Private Limited
FY 2026 filings availableFirst Factoring (India) Private Limited reported revenue of ₹64,109 (up 1362% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹64,109 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.71 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 First Factoring (India) Private Limited, buy the company report.
Board of directors of First Factoring (India) Private Limited
First Factoring (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hariharan Nagarajan Also directs: Thuhil Creations Private Limited, PN Abrasives Private Limited, Southern Polymers Private Limited and 5 more | Director | 20 Mar 2002 | 24 Years 7 Months | Current |
| Gopinath Poornachary Also directs: PN Abrasives Private Limited, Southern Polymers Private Limited, Chithrai Trading Private Limited and 5 more | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
First Factoring (India) Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| First Factoring (India) Private Limitedthis company | ₹64,109 (FY 2026) | ₹29.71 Lakh | 1362.0% | Chennai, Tamil Nadu, India | ||
| Vertice Constructions Private Limited | ₹4,402 (FY 2018) | -96.0% | Mumbai, Maharashtra, India | |||
| Affordable Constructions Private Limited | ₹4,400 (FY 2025) | New Delhi, Delhi, India | ||||
| RGK Industrial Park Private Limited | ₹4,399 (FY 2025) | -12.0% | Bagalkot, Karnataka, India | |||
| Agroha Homes Private Limited | ₹4,399 (FY 2025) | -100.0% | Agra, Uttar Pradesh, India | |||
| Consolidators Buildmat Private Limited | ₹4,389 (FY 2024) | Delhi, India | ||||
| Repute Estates Private Limited | ₹4,380 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| Sunirman Housing Private Limited | ₹4,377 (FY 2025) | 159.0% | Kolkata, West Bengal, India | |||
| Kothi Lefin Private Limited | ₹4,375 (FY 2024) | -45.0% | Kolkata, West Bengal, India | |||
| Nandaraj Developers Pvt Ltd | ₹4,375 (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Puru Constructions Private Limited | ₹4,366 (FY 2017) | -84.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of First Factoring (India) Private Limited, buy the company report.
Auditor
First Factoring (India) Private Limited is audited by SANKARAN & KRISHNAN for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKARAN & KRISHNAN | FY 2026 | 03582S |
Shareholding
The shareholding of First Factoring (India) Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First Factoring (India) Private Limited, buy the company report.
Legal cases
First Factoring (India) Private Limited has 4 court cases on record: 2 filed by First Factoring (India), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The District Collector | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against The District Collector | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by Muthu .P M/S. Rajaraman .R, C.Kayalvizhi-Ms/1370/2012,9443085586 | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by The District Collector and 3 others | Disposed |
To see the full case history of First Factoring (India) Private 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 First Factoring (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
First Factoring (India) has 2 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for First Factoring (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
First Factoring (India) Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Gopinath Poornachary ceased to be Additional Director on 09 Sep 2021.
Frequently asked questions
First Factoring (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 August 1985 (41+ years old) and is registered under CIN U74210TN1985PTC012093.
First Factoring (India) has 2 current directors:
- Hariharan Nagarajan - Director
- Gopinath Poornachary - Director
The latest financial statements of First Factoring (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 July 2026. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of First Factoring (India) is U74210TN1985PTC012093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Factoring (India) has 4 court cases on record: 2 filed by the company and 2 filed against it.
First Factoring (India) was incorporated on 02 August 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of First Factoring (India) by revenue are Vertice Constructions Private Limited, Affordable Constructions Private Limited, RGK Industrial Park Private Limited, Agroha Homes Private Limited, Consolidators Buildmat Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Other Financial Services).
Gopinath Poornachary ceased to be Additional Director on 09 Sep 2021. Arumugam Sivagnanam ceased to be Director on 31 Mar 2021. Gopinath Poornachary was appointed as Director on 31 Mar 2021. First Factoring (India) has 6 board changes on record in total.
The registered office of First Factoring (India) is at Old No.71 New No.12 Third Main Road Kasturba Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
First Factoring (India) operates in the financial services industry, in the diversified financial services segment.
The compliance status of First Factoring (India) is compliant as of 02 November 2026. The company is actively filing with the Registrar of Companies.
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