Fynx Capital Limited - finance and insurance in Mumbai, Maharashtra, India. FY 2026 financials and 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
Revenue · FY 2024
₹9.37 Lakh
▼ 71.71% YoY
EBITDA · FY 2024
-₹1.51 Cr
▼ 2701.3% YoY
Net profit · FY 2024
-₹1.25 Cr
▼ 1031.28% YoY
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹20 Cr
Issued & subscribed
Open charges
₹7 Cr
Secured borrowings
Company age
42 yrs
Est. 1984
Last financials
Mar 2024
Balance sheet date

About Fynx Capital Limited

Data last updated: 13 February 2026

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

Registered with ROC Mumbai under CIN L65910MH1984PLC419700. Listed on BSE: 507962.

Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹20 Cr. Formerly known as Rajath Finance Limited. It is led by directors including Maheswar Sahu and Vijaya Gupta.

Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.74 Lakh, reflecting significant growth compared to the previous year.

The company is associated with 2 brands - Fynx, Rajath Finance. As per MCA filings, the company has open charges of ₹7 Cr on record.

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 of Fynx Capital Limited
CIN L65910MH1984PLC419700
Registration Number 419700
Incorporation Date 13 December 1984
ROC Mumbai
Listing Status Listed (BSE: 507962)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • 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
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Financials, compliance, directors, charges, ownership and filings for Fynx Capital Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Fynx Capital Limited

Fynx Capital Limited 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.

CIN Status
L65910MH1984PLC419700 Current
U65910GJ1984PLC007486 Previous
L65910GJ1984PLC007486 Previous

Associated Brands with Fynx Capital Limited

Fynx Capital Limited operates two associated brands: FynX and Rajath Finance. These brands represent Fynx Capital Limited's diversified market presence and brand portfolio.

Brand Description Website
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

Competitors & Alternatives of Fynx Capital Limited

Brands and companies operating in the same space as Fynx Capital Limited include Rent Alpha, C2FO, PinCap and 7 more.

Competitor Description Location Founded
Rent Alpha Rent Alpha Online B2B rentals of heavy machinery and equipment are facilitated. Mumbai, India, India 2014
C2FO C2FO Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors Leawood, United States, United States 2008
PinCap PinCap Working capital loans are offered to SMEs by PinCap. Gurugram, India, India 1995
Progcap Progcap Provider of financial and technology products for small and medium businesses Delhi, India, India 2017
KapitalTech KapitalTech Provider of short-term unsecured loans and merchant cash advance solutions Mumbai, India, India 2014
OPC Asset Solutions OPC Asset Solutions Equipment leasing and asset lifecycle solutions are provided globally. Mumbai, India, India 2005
Winro Commercial Winro Commercial Offers lending and investment services as a non-banking financial company. Mumbai, India, India 1983
Capsave Finance Capsave Finance Offers leasing and finance solutions for IT equipment, furniture, fit-outs, and machinery. Mumbai, India, India 2016
financejunction financejunction Supply chain financing solutions are offered online to sales networks. Kolkata, India, India 2007
Optimo Capital Optimo Capital Provider of collateral-free loans to small and medium-sized businesses aiming to promote financial inclusion and economic growth Bengaluru, India, India 2023

Business Activity of Fynx Capital Limited

Fynx Capital Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K8 Other financial activities *********

Board of Directors of Fynx Capital Limited

Fynx Capital Limited is currently managed by 9 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Maheswar Sahu Director 07 Nov 2025 0 Years 8 Months Current
Vijaya Gupta Director 27 Jan 2025 1 Years 5 Months Current
Ashok Kumar Nag Director 14 Aug 2024 1 Years 10 Months Current
Ashok Kumar Mittal Director 27 Jan 2025 1 Years 5 Months Current
Gautam Kirtikumar Shah Director 08 May 2023 3 Years 2 Months Current
Shanker Raman Siddhanathan Managing Director 26 Aug 2025 0 Years 10 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Fynx Capital Limited FY 2024 filings available

Fynx Capital Limited reported revenue of ₹9.37 Lakh (down 71.71% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2024
₹9.37 Lakh ▼ 71.71%
Profit · FY 2024
-₹1.25 Cr ▼ 1031.28%
EBITDA · FY 2024
-₹1.51 Cr ▼ 2701.3%
Revenue₹ Cr · Standalone00.20.40.6FY 2019: ₹0 Cr0.3FY 2019FY 2020: ₹0 Cr · +39% YoY0.4+39%FY 2020FY 2021: ₹0 Cr · -11.1% YoY0.4-11.1%FY 2021FY 2022: ₹0 Cr · -7.7% YoY0.3-7.7%FY 2022FY 2023: ₹0 Cr · -3.4% YoY0.3-3.4%FY 2023FY 2024: ₹0 Cr · -71.7% YoY0.1-71.7%FY 2024
Net Profit₹ Cr · Standalone-1.5-1-0.500.5FY 2019: ₹0 Cr (loss)-0.3FY 2019FY 2020: ₹0 Cr (loss) · +69.3% YoY-0.1FY 2020FY 2021: ₹0 Cr · +122.6% YoY0+122.6%FY 2021FY 2022: ₹0 Cr · +1288.5% YoY0.2+1288.5%FY 2022FY 2023: ₹0 Cr (loss) · -145.8% YoY-0.1FY 2023FY 2024: ₹1 Cr (loss) · -1031.3% YoY-1.3FY 2024
Quarterly Revenue₹ Cr · vs same quarter last year0000Q1'25: ₹0 Cr0Q1'25Q3'25: ₹0 Cr0Q3'25
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹9.37 Lakh ₹33.12 Lakh ₹34.29 Lakh ₹37.16 Lakh ₹41.81 Lakh ₹30.09 Lakh
Interest Earned ₹8.19 Lakh ₹0 ₹0 ₹37.16 Lakh ₹41.81 Lakh -
Other Income ₹0 ₹0 ₹0 ₹30,000 ₹57,000 ₹20,000
Total Income ₹9.37 Lakh ₹33.12 Lakh ₹34.29 Lakh ₹37.46 Lakh ₹42.38 Lakh ₹30.29 Lakh
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹8.92 Lakh ₹8.85 Lakh ₹8.1 Lakh ₹6.19 Lakh ₹6.61 Lakh ₹7.3 Lakh
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹12.43 Lakh ₹9 Lakh ₹81,000 ₹2.76 Lakh ₹3.31 Lakh ₹3.19 Lakh
Other Expenses ₹1.51 Cr ₹29.66 Lakh -₹7.06 Lakh ₹23.8 Lakh ₹42.88 Lakh ₹49.69 Lakh
Total Expenses ₹1.73 Cr ₹47.51 Lakh ₹1.85 Lakh ₹32.75 Lakh ₹52.8 Lakh ₹60.18 Lakh
Profit Before Exceptional Items & Tax -₹1.63 Cr -₹14.39 Lakh ₹32.44 Lakh ₹4.71 Lakh -₹10.42 Lakh -₹29.89 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹1.63 Cr -₹14.39 Lakh ₹32.44 Lakh ₹4.71 Lakh -₹10.42 Lakh -₹29.89 Lakh
Total Tax Expense -₹38.3 Lakh -₹3.33 Lakh ₹8.28 Lakh ₹2.97 Lakh -₹2.72 Lakh -₹4.77 Lakh
Net Profit -₹1.25 Cr -₹11.06 Lakh ₹24.16 Lakh ₹1.74 Lakh -₹7.7 Lakh -₹25.12 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹1.25 Cr -₹11.06 Lakh ₹24.16 Lakh ₹1.74 Lakh -₹7.7 Lakh -₹25.12 Lakh
EBITDA (computed) -₹1.51 Cr -₹5.39 Lakh ₹33.25 Lakh ₹7.47 Lakh -₹7.11 Lakh -₹26.7 Lakh
Basic EPS ₹-3.13 ₹0.28 ₹0.60 ₹0.04 ₹-0.19 ₹0.61
Diluted EPS ₹-3.13 ₹0.28 ₹0.60 ₹0.04 ₹-0.19 ₹0.61
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹6.55 Cr ₹7.5 Cr ₹703.78 Cr ₹7.13 Cr ₹7.56 Cr ₹7.7 Cr
Non-current Assets - - - - - ₹47.17 Lakh
Current Assets - - - - - ₹7.23 Cr
Property, Plant & Equipment ₹98.66 Lakh ₹1.07 Cr ₹21.96 Cr ₹22.77 Lakh ₹25.41 Lakh ₹28.52 Lakh
Inventories ₹2.09 Lakh ₹2.09 Lakh ₹2.09 Cr ₹2.09 Lakh ₹2.09 Lakh ₹2.09 Lakh
Trade Receivables - - - - - ₹0
Cash & Equivalents ₹10.31 Lakh ₹10.38 Lakh ₹131.44 Cr ₹47.35 Lakh ₹30.52 Lakh ₹20.96 Lakh
Equity (Net Worth) ₹5.66 Cr ₹6.82 Cr ₹692.84 Cr ₹6.69 Cr ₹6.67 Cr ₹6.75 Cr
Equity Share Capital ₹4 Cr ₹4 Cr ₹400 Cr ₹4 Cr ₹4 Cr ₹4 Cr
Borrowings (Non-current) - - - - - ₹0
Borrowings (Current) - - - - - ₹0
Total Debt (computed) - - - - - ₹0
Current Liabilities - - - - - ₹26.62 Lakh
Total Liabilities ₹88.21 Lakh ₹68.42 Lakh ₹10.94 Cr ₹44.48 Lakh ₹89.07 Lakh ₹95.78 Lakh
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹4.62 Cr -₹91.41 Lakh ₹83.26 Lakh
Investing Cash Flow -₹4.45 Cr -₹93.66 Lakh ₹81,000
Financing Cash Flow -₹17.45 Lakh ₹64.01 Lakh ₹0
Capital Expenditure ₹4 Lakh ₹94.05 Lakh ₹0
Free Cash Flow (computed) ₹4.58 Cr -₹1.85 Cr ₹83.26 Lakh
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash -₹8,000 -₹1.21 Cr ₹84.07 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q3 FY25 Q1 FY25
Revenue from Operations ₹5,000 ₹1,400
Interest Earned ₹5,000 ₹1,400
Other Income ₹4.22 Lakh ₹3.42 Lakh
Total Income ₹4.27 Lakh ₹3.43 Lakh
Cost of Materials Consumed ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0
Changes in Inventories ₹0 ₹0
Employee Benefit Expense ₹4.87 Lakh ₹4.47 Lakh
Finance Costs ₹61,000 ₹1.1 Lakh
Depreciation & Amortisation ₹9.4 Lakh ₹9.3 Lakh
Other Expenses ₹34.25 Lakh ₹29.09 Lakh
Total Expenses ₹49.13 Lakh ₹79.62 Lakh
Profit Before Exceptional Items & Tax -₹44.86 Lakh -₹76.19 Lakh
Exceptional Items ₹0 ₹0
Profit Before Tax -₹44.86 Lakh -₹76.19 Lakh
Total Tax Expense ₹7,000 -₹7.21 Lakh
Net Profit -₹44.93 Lakh -₹68.98 Lakh
Other Comprehensive Income ₹70,000 ₹3.02 Lakh
Total Comprehensive Income -₹44.23 Lakh -₹65.96 Lakh
EBITDA (computed) -₹34.85 Lakh -₹65.79 Lakh
Basic EPS ₹-1.12 ₹-0.02
Diluted EPS ₹-1.12 ₹-0.02
Latest 2 quarters shown.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Fynx Capital Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Charges & Borrowings of Fynx Capital Limited

Open charges
₹7 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹7.00 Cr
Latest charge details
DateLenderAmountStatus
31 Dec 2025 Others ₹2 Cr Open
25 Sep 2025 Others ₹5 Cr Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Fynx Capital Limited

View historical data on people associated with Fynx Capital Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Fynx Capital Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Fynx Capital Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Fynx Capital Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Fynx Capital Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Fynx Capital Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Fynx Capital Limited

MSME Payment Delays by Fynx Capital Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Fynx Capital Limited

Subsidiaries & Group Companies of Fynx Capital Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Fynx Capital Limited

MCA Filings & Documents of Fynx Capital Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Fynx Capital Limited

Charges
31 Dec 2025
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101222249 was registered on 31 Dec 2025.
Directors
07 Nov 2025
Maheswar Sahu was appointed as a Director on 07 Nov 2025 & has been associated with this company since 8 months 1 day.
Charges
25 Sep 2025
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101169426 was registered on 25 Sep 2025.
Activity
24 Sep 2025
Fynx Capital Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Directors
26 Aug 2025
Shanker Raman Siddhanathan was appointed as a Managing Director on 26 Aug 2025 & has been associated with this company since 10 months 13 days.
Directors
29 May 2025
Preeti Kundan Mhatre was appointed as a Cfo on 29 May 2025 & has been associated with this company since 1 year 1 month.

Frequently Asked Questions about Fynx Capital Limited

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

Fynx Capital Limited reported revenue of ₹24.74 Lakh for FY 2025 (up 164.00% YoY).

The current directors of Fynx Capital Limited are:

The primary industry of Fynx Capital Limited is finance and insurance. The company specifically operates in nbfc. The company is currently active in this sector.

Yes. Fynx Capital Limited is listed on BSE with code 507962.

Fynx Capital Limited can be reached at the registered office: Office No.1001 Tenth Floor K.P. Aurum Building, Cts No.426A Marol Maroshi Road Andheri E, Mumbai, Maharashtra, India – 400059, or through the website rajathfinance.com.

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