Fynx Capital Limited - finance and insurance in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65910MH1984PLC419700 Incorporated 13 December 1984 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 507962 Public Limited Company finance and insurance
Data last updated
Market Cap
₹112 Cr
FYNX · BSE
Share Price
₹5.90
+4.98% today
Revenue
₹2.82 Cr
FY 2011-12 · +38.9% YoY
EBITDA
₹0.02 Cr
Margin 0.7%
Net Profit
−₹0.36 Cr
FY 2011-12 · -157.1% YoY
Debt / Equity
0.74
Interest cover -330.0x
Authorised capital
₹105 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed

About Fynx Capital Limited

Data last updated:

Fynx Capital Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the finance and insurance sector. It was incorporated on 13 December 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65910MH1984PLC419700. It is a listed company as per MCA records. Its shares are listed on BSE: 507962.

The company has an authorised share capital of ₹105 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Rajath Finance Limited. It is led by directors including Shanker Raman Siddhanathan (Managing Director) and Maheswar Sahu.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.38 Cr (net margin -61.8%) and EBITDA of -₹3.13 Cr (EBITDA margin -57.2%).

The company is associated with 2 brands: FynX and Rajath Finance. As per MCA filings, the company has open charges of ₹12 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 15 deals on record (14 market trades, 1 rights issue); the latest was in March 2025. Its 5 peer companies in the BFSI industry (Deposit Taking NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 5 larger; the largest is Super Management & Portfolio Private Limited with revenue of ₹24.78 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajathfinance.com.

Company details

CIN L65910MH1984PLC419700
Registration Number 419700
Incorporation Date 13 December 1984
ROC Mumbai
Listing Status Listed - Listed on BSE (507962)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Fynx Capital has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65910MH1984PLC419700, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65910MH1984PLC419700Current
U65910GJ1984PLC007486Previous
L65910GJ1984PLC007486Previous

Contact details

Fynx Capital Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Office No.1001 Tenth Floor K.P. Aurum Building, Cts No.426A Marol Maroshi Road Andheri (E), Mumbai, Maharashtra, India – 400059
  • Industry
    Finance and Insurance, NBFC
Comprehensive company report
Fynx Capital 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Fynx Capital operates two associated brands: FynX and Rajath Finance. Each brand links to its own profile.

BrandDescriptionWebsite
Provides loans and financing for micro, small, and medium enterprises.fynxcapital.com
Long- and short-term financing for machinery and equipment is provided.rajathfinance.com

Business activity

The main business activity of Fynx Capital is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Fynx Capital Limited, buy the company report.

Financials of Fynx Capital Limited

FY 2025-26 filings available

Fynx Capital Limited reported revenue of ₹5.47 Cr (up 2278.3% YoY) for FY 2025-26.

Financial Highlights

FY 2011-12 · Consolidated
Revenue
₹2.82 Cr
+38.9% YoY
EBITDA
₹0.02 Cr
-93.3% YoY
Profit After Tax
−₹0.36 Cr
-157.1% YoY
Net Worth
₹6.72 Cr
-5.0% YoY
Total Assets
₹12.57 Cr
+8.6% YoY
Total Debt
₹5.74 Cr
+28.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2011-12FY 2010-11
Income statement
Revenue2.822.03
Revenue growth+38.9%-
EBITDA0.020.30
EBITDA margin+0.7%+14.8%
Profit before tax(0.43)(0.22)
Net profit(0.36)(0.14)
Net profit margin-12.8%-6.9%
EPS (₹)0.000.00
Balance sheet
Total assets12.5711.57
Net worth6.727.07
Total debt5.744.48
Cash & bank0.780.12
Net working capital10.409.40
Cash flow
Cash from operations(0.60)(6.13)
Cash from investing0.00(0.07)
Cash from financing1.265.46
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5.470.230.090.330.340.370.42
Revenue growth+2278.3%+155.6%-72.7%-2.9%-8.1%-11.9%-
EBITDA(3.13)(2.03)(1.47)(0.01)0.330.08(0.07)
EBITDA margin-57.2%-882.6%-1633.3%-3.0%+97.1%+21.6%-16.7%
Profit before tax(4.13)(2.42)(1.63)(0.14)0.320.05(0.10)
Net profit(3.38)(2.48)(1.25)(0.11)0.240.02(0.07)
Net profit margin-61.8%-1078.3%-1388.9%-33.3%+70.6%+5.4%-16.7%
EPS (₹)(0.17)(1.25)(3.13)(0.28)0.600.04(0.19)
Balance sheet
Total assets-19.446.136.826.936.696.67
Net worth-19.175.666.826.936.696.67
Total debt-0.260.470.000.000.000.00
Cash & bank-16.040.100.101.310.470.31
Net working capital-16.04(0.13)(0.52)1.280.100.01
Cash flow
Cash from operations-(2.73)4.63(0.91)0.840.170.10
Cash from investing-2.67(4.45)(0.94)0.000.000.00
Cash from financing-16.00(0.17)0.640.000.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.942.491.570.950.490.090.040.08
Revenue growth (YoY)+704.1%+2666.7%+3825.0%+1087.5%+1533.3%---
Other income0.010.000.000.000.000.000.000.00
Total expenses5.073.862.201.560.990.790.390.40
EBITDA(1.13)(1.37)(0.63)(0.61)(0.50)(0.70)(0.35)(0.32)
EBITDA margin-28.7%-55.0%-42.9%-70.9%-102.0%-3500.0%--
Depreciation0.060.080.070.070.070.100.090.09
Interest0.960.540.200.000.000.010.010.01
Profit before tax(2.14)(1.99)(0.90)(0.68)(0.57)(0.81)(0.45)(0.42)
Tax(0.17)(0.65)(0.07)(0.02)(0.01)0.130.000.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsFY 2011-12FY 2010-11
Revenue2.822.03
Revenue growth+38.9%-
Other income0.000.01
Total expenses2.801.73
Employee cost0.070.08
EBITDA0.020.30
EBITDA margin+0.7%+14.8%
Depreciation0.120.15
Interest0.330.38
Profit before tax(0.43)(0.22)
Tax(0.07)(0.08)
Net profit(0.36)(0.14)
Net profit margin-12.8%-6.9%
EPS (₹)0.000.00
ParticularsFY 2011-12FY 2010-11
Equity & liabilities
Share capital4.004.00
Reserves & surplus(0.28)0.07
Shareholders' funds (net worth)6.727.07
Minority interest0.000.00
Secured loans0.110.22
Unsecured loans5.634.26
Total debt5.744.48
Total liabilities12.5711.57
Assets
Gross block1.131.13
Net block0.580.69
Capital work in progress0.000.00
Investments0.030.03
Inventories6.715.96
Sundry debtors0.000.00
Cash & bank balances0.780.12
Loans & advances6.205.92
Total current assets13.6912.00
Total current liabilities3.292.60
Net working capital10.409.40
Total assets12.5711.57
ParticularsFY 2011-12FY 2010-11
Opening cash0.120.86
Net cash from operating activities(0.60)(6.13)
Net cash from investing activities0.00(0.07)
Net cash from financing activities1.265.46
Net change in cash0.66(0.74)
Closing cash0.780.12
ParticularsFY 2011-12FY 2010-11
Growth
Sales growth+38.9%-
EBITDA growth-93.3%-
PBT growth-95.5%+9997.0%
Net income growth-157.1%-
Profitability & leverage
Net income margin-12.8%-6.9%
Return on capital employed0.0%0.0%
Return on net worth0.0%0.0%
Debt / equity0.740.63
Long-term debt / equity0.010.02
Interest cover-330.00253.33
Efficiency & per share
Fixed asset turnover2.501.81
Inventory turnover0.450.34
Debtors turnover0.000.00
EPS (₹)0.000.00
Dividend per share (₹)0.000.00
Book value per share (₹)9.3010.18
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3.942.491.570.950.490.090.040.08
Revenue growth (YoY)+704.1%+2666.7%+3825.0%+1087.5%+1533.3%---
Other income0.010.000.000.000.000.000.000.00
Total expenses5.073.862.201.560.990.790.390.40
EBITDA(1.13)(1.37)(0.63)(0.61)(0.50)(0.70)(0.35)(0.32)
EBITDA margin-28.7%-55.0%-42.9%-70.9%-102.0%-3500.0%--
Depreciation0.060.080.070.070.070.100.090.09
Interest0.960.540.200.000.000.010.010.01
Profit before tax(2.14)(1.99)(0.90)(0.68)(0.57)(0.81)(0.45)(0.42)
Tax(0.17)(0.65)(0.07)(0.02)(0.01)0.130.000.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5.470.230.090.330.340.370.42
Revenue growth+2278.3%+155.6%-72.7%-2.9%-8.1%-11.9%-
Other income0.030.020.000.000.000.000.00
Total expenses8.602.261.560.340.010.290.49
Employee cost0.000.310.090.090.080.060.07
EBITDA(3.13)(2.03)(1.47)(0.01)0.330.08(0.07)
EBITDA margin-57.2%-882.6%-1633.3%-3.0%+97.1%+21.6%-16.7%
Depreciation0.290.380.120.090.010.030.03
Interest0.740.030.040.040.000.000.00
Profit before tax(4.13)(2.42)(1.63)(0.14)0.320.05(0.10)
Tax(0.75)0.06(0.38)(0.03)0.080.03(0.03)
Net profit(3.38)(2.48)(1.25)(0.11)0.240.02(0.07)
Net profit margin-61.8%-1078.3%-1388.9%-33.3%+70.6%+5.4%-16.7%
EPS (₹)(0.17)(1.25)(3.13)(0.28)0.600.04(0.19)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-20.004.004.004.004.004.00
Reserves & surplus-(0.83)1.662.822.932.692.67
Shareholders' funds (net worth)-19.175.666.826.936.696.67
Secured loans-0.000.000.000.000.000.00
Unsecured loans-0.260.470.000.000.000.00
Total debt-0.260.470.000.000.000.00
Total liabilities-19.446.136.826.936.696.67
Assets
Gross block-1.541.761.700.760.760.76
Net block-0.521.011.070.220.230.26
Capital work in progress-0.000.000.000.000.000.00
Investments-1.224.390.000.000.000.00
Inventories-0.000.020.020.020.020.02
Sundry debtors-0.000.000.000.000.000.00
Cash & bank balances-16.040.100.101.310.470.31
Loans & advances-0.260.170.050.050.050.04
Total current assets-16.300.290.171.380.540.37
Total current liabilities-0.260.420.690.100.440.36
Net working capital-16.04(0.13)(0.52)1.280.100.01
Total assets-19.446.136.826.936.696.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.100.101.310.470.310.21
Net cash from operating activities-(2.73)4.63(0.91)0.840.170.10
Net cash from investing activities-2.67(4.45)(0.94)0.000.000.00
Net cash from financing activities-16.00(0.17)0.640.000.000.00
Net change in cash-15.940.00(1.21)0.840.170.10
Closing cash-16.040.100.101.310.470.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+2278.3%+155.6%-72.7%-2.9%-8.1%-11.9%-
EBITDA growth-54.2%-38.1%--103.0%+312.5%+214.3%-
PBT growth-70.7%-48.5%-1064.3%-+540.0%+9998.0%+64.3%
Net income growth-36.3%-98.4%-1036.4%-145.8%+1100.0%+128.6%-
Revenue CAGR (3Y)+155.0%-12.2%-37.6%-7.7%+10.8%+12.5%+5.3%
EBITDA CAGR (3Y)+579.0%---47.7%---20.6%
Profitability & leverage
Net income margin-61.8%-1078.3%-1388.9%-33.3%+70.6%+5.4%-16.7%
Return on capital employed-0.0%0.0%0.0%+4.1%+0.7%0.0%
Return on net worth-0.0%0.0%0.0%+3.1%+0.3%0.0%
Debt / equity-0.030.040.000.000.000.00
Long-term debt / equity-0.030.040.000.000.000.00
Interest cover-21.64-1.24-2.52-40.000.000.000.00
Efficiency & per share
Fixed asset turnover-0.150.050.270.450.490.56
Inventory turnover-25.004.5016.5017.0018.5021.00
Debtors turnover-0.000.000.000.000.000.00
EPS (₹)(0.17)(1.25)(3.13)(0.28)0.600.04(0.19)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.009.5914.1617.0417.3216.7216.67

To see the full year-wise statements and ratios of Fynx Capital Limited, buy the company report.

Board of directors of Fynx Capital Limited

Fynx Capital has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Maheswar SahuDirector07 Nov 20250 Years 11 MonthsCurrent
Vijaya GuptaDirector27 Jan 20251 Years 8 MonthsCurrent
Ashok Kumar NagDirector14 Aug 20242 Years 2 MonthsCurrent
Ashok Kumar MittalDirector27 Jan 20251 Years 8 MonthsCurrent
Gautam Kirtikumar ShahDirector08 May 20233 Years 5 MonthsCurrent
Shanker Raman SiddhanathanManaging Director26 Aug 20251 Years 1 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Fynx Capital Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Deposit Taking NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fynx Capital Limitedthis company₹5.47 Cr (FY 2026)-₹3.38 Cr-61.8%2278.3%Mumbai, Maharashtra, India
Super Management & Portfolio Private Limited₹24.78 Lakh (FY 2020)2.0%Delhi, India
K K Fincorp Limited₹24.78 Lakh (FY 2020)-10.0%Mumbai, Maharashtra, India
New Horizons Fintech Private Limited₹24.77 Lakh (FY 2024)-96.0%Delhi, India
Ananya Finance for Inclusive Growth Private Limited₹24.77 Lakh (FY 2024)-100.0%Ahmedabad, Gujarat, India
Tyford Viniyog Pvt. Ltd.₹24.75 Lakh (FY 2025)57.0%Kolkata, West Bengal, India

To see the full peer comparison of Fynx Capital Limited, buy the company report.

Charges & borrowings

Open charges
₹12 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹12.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Aug 2026101380348Others₹5 CrOpen
31 Dec 2025101222249Others₹2 CrOpen
25 Sep 2025101169426Others₹5 CrOpen

Total charge records: 3 View all charges

Deals & funding

Fynx Capital Limited has 15 deals on record (14 market trades, 1 rights issue); the latest was in March 2025.

Total deals
15
Market trades
14
Rights issue
1

Deals on record (5 of 15)

WhenDealAmountParties
Mar 2025Rights issue₹16 CrInvestors: Anium Tech Llp, 3 individuals
Mar 2022Market trade₹28 LakhBuyer: an individual
Seller: Samruddhi Finstock Limited
Sep 2021Market trade₹1.26 CrBuyer: an individual
Seller: Olumpus Trading & Advisory LLP
Jan 2019Market trade₹1.25 CrBuyer: Olumpus Trading & Advisory LLP
Seller: K. A. Investments Consultancy LLP
Mar 2013Market trade₹1.28 CrBuyer: Olumpus Tradecom Private Limited
Seller: Greshma Shares & Stocks Limited

To see the full deal history of Fynx Capital Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fynx Capital 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 Fynx Capital Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Fynx Capital Limited has 19 board changes on record since 2008: 7 appointments and 12 cessations. The latest: Maheswar Sahu was appointed as Director on 07 Nov 2025.

Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101380348 was registered on 27 Aug 2026.
Filing
Fynx Capital Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101222249 was registered on 31 Dec 2025.
Appointed
Maheswar Sahu was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101169426 was registered on 25 Sep 2025.
AGM
Fynx Capital Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Appointed
Shanker Raman Siddhanathan was appointed as Managing Director.
Ceased
Urvashi Manoj Parmar ceased to be CFO.
Appointed
Anjali Sharma was appointed as Director.
Appointed
Ashok Kumar Mittal was appointed as Director.
Appointed
Vijaya Gupta was appointed as Director.
Appointed
Ashok Kumar Nag was appointed as Director.

13 earlier events are in the company report.

Frequently asked questions

Fynx Capital is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the finance and insurance industry. It was incorporated on 13 December 1984 (42+ years old) and is registered under CIN L65910MH1984PLC419700. Listed on BSE: 507962.

Fynx Capital reported revenue of ₹5.47 Cr for FY 2025-26 (up 2278.3% YoY) based on standalone financials.

Fynx Capital has 7 current directors:

The latest financial statements of Fynx Capital on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Fynx Capital is L65910MH1984PLC419700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Fynx Capital is a listed company as per MCA records. Its shares are listed on BSE (code: 507962).

Fynx Capital has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.

Fynx Capital was incorporated on 13 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.

Fynx Capital has 15 deals on record (14 market trades, 1 rights issue); the latest was in March 2025.

The peers of Fynx Capital by revenue are Super Management & Portfolio Private Limited, K K Fincorp Limited, New Horizons Fintech Private Limited, Ananya Finance for Inclusive Growth Private Limited, Tyford Viniyog Pvt. Ltd, all in the BFSI industry (Deposit Taking NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).

Maheswar Sahu was appointed as Director on 07 Nov 2025. Shanker Raman Siddhanathan was appointed as Managing Director on 26 Aug 2025. Urvashi Manoj Parmar ceased to be CFO on 02 May 2025. Fynx Capital has 19 board changes on record in total.