Flagship Financials Limited
About Flagship Financials Limited
Data last updated:
Flagship Financials Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65910KA1994PLC015754.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.07 Lakh. It is led by directors including Lakshmaiah Ravi and Dhanakonda Balasubramanyam.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹22.36 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹5.86 Lakh (net margin 26.2%) and EBITDA of ₹7.91 Lakh (EBITDA margin 35.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Flagship Financials has one previous CIN (Corporate Identification Number): U00804KA1994PLC015754. The current CIN is U65910KA1994PLC015754, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910KA1994PLC015754 | Current |
| U00804KA1994PLC015754 | Previous |
Contact details
Flagship Financials Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 017 20th C Main 13th Cross Venkateshwara Layout, Marutinagar Opp K.V.Prestine Apartments, Bangalore, Karnataka, India – 560068
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Flagship Financials 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 Flagship Financials is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Flagship Financials Limited, buy the company report.
Financials of Flagship Financials Limited
FY 2020 filings availableFlagship Financials Limited reported revenue of ₹22.36 Lakh (up 18% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA rose 40% 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 |
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| EBITDA | ₹7.91 Lakh | ||||
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| Net Profit (PAT) | ₹5.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.4% | ||||
| Net Profit Margin | 26.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Flagship Financials Limited, buy the company report.
Board of directors of Flagship Financials Limited
Flagship Financials has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmaiah Ravi | Additional Director | 24 Jan 2023 | 3 Years 8 Months | Current |
| Dhanakonda Balasubramanyam | Additional Director | 24 Jan 2023 | 3 Years 8 Months | Current |
| Manjunath | Additional Director | 24 Jan 2023 | 3 Years 8 Months | Current |
Peer comparison
Flagship Financials Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Merits Comtrade Private Limited | ₹22.43 Lakh (FY 2024) | 94.0% | New Delhi, Delhi, India | |||
| Volley Creditor Nidhi Limited | ₹22.38 Lakh (FY 2021) | -19.0% | Patna, Bihar, India | |||
| Flagship Financials Limitedthis company | ₹22.36 Lakh (FY 2020) | ₹5.86 Lakh | 26.2% | 18.0% | Bangalore, Karnataka, India | |
| Eterna Steel & Investments Pvt Ltd | ₹22.35 Lakh (FY 2018) | -62.0% | Kolkata, West Bengal, India | |||
| Moneyboxx Capital Private Limited | ₹22.33 Lakh (FY 2025) | -93.0% | New Delhi, Delhi, India | |||
| Secura Investment Management (India) Private Limited | ₹22.33 Lakh (FY 2025) | 286.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Flagship Financials Limited, buy the company report.
Auditor
Flagship Financials Limited is audited by NARAYAN BHAT AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARAYAN BHAT AND CO | FY 2017 | 005011S |
Shareholding
The shareholding of Flagship Financials Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Flagship Financials Limited, buy the company report.
Legal cases
No court or tribunal cases involving Flagship Financials 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 Flagship Financials Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Flagship Financials Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Flagship Financials Limited has 12 board changes on record since 2009: 4 appointments and 8 cessations. The latest: Dhanakonda Balasubramanyam ceased to be Additional Director on 24 Jan 2024.
3 earlier events are in the company report.
Frequently asked questions
Flagship Financials is an active public limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 June 1994 (32+ years old) and is registered under CIN U65910KA1994PLC015754.
Flagship Financials has 3 current directors:
- Lakshmaiah Ravi - Additional Director
- Dhanakonda Balasubramanyam - Additional Director
- Manjunath - Additional Director
The latest financial statements of Flagship Financials on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Flagship Financials is U65910KA1994PLC015754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flagship Financials was incorporated on 13 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Flagship Financials by revenue are Merits Comtrade Private Limited, Volley Creditor Nidhi Limited, Eterna Steel & Investments Pvt Ltd, Moneyboxx Capital Private Limited, Secura Investment Management (India) Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Dhanakonda Balasubramanyam ceased to be Additional Director on 24 Jan 2024. Lakshmaiah Ravi ceased to be Additional Director on 24 Jan 2024. Manjunath ceased to be Additional Director on 24 Jan 2024. Flagship Financials has 12 board changes on record in total.
The registered office of Flagship Financials is at No. 017 20th C Main 13th Cross Venkateshwara Layout, Marutinagar Opp K.V.Prestine Apartments, Bangalore, Karnataka, India – 560068.
Flagship Financials operates in the financial services industry, in the diversified financial services segment.
The compliance status of Flagship Financials is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.
Flagship Financials can be reached at its registered office: No. 017 20th C Main 13th Cross Venkateshwara Layout, Marutinagar Opp K.V.Prestine Apartments, Bangalore, Karnataka, India – 560068.