About Greencrest Financial Services Limited
Data last updated:
Greencrest Financial Services Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 15 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65921WB1993PLC057785. It is a listed company as per MCA records. Its shares are listed on BSE: 531737.
The company has an authorised share capital of ₹45.5 Cr and a paid-up capital of ₹36.55 Cr. It was formerly known as Marigold Glass Industries Ltd. It is led by directors including Sushil Parakh (Managing Director) and Sunil Parakh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kolkata, West Bengal.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹38.12 Cr, a decline of 46.9% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 3.5%) and EBITDA of ₹5.27 Cr (EBITDA margin 13.8%). The net worth stands at ₹56.68 Cr (up 2.8% YoY). Total assets are valued at ₹107.47 Cr (up 7.2% YoY).
The company is associated with 1 brand: Greencrest Financial Services. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it. The company has 47 deals on record (47 market trades); the latest was in February 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greencrestfin.com.
Company details
CIN history
Greencrest Financial Services has one previous CIN (Corporate Identification Number): U65921WB1993PLC057785. The current CIN is L65921WB1993PLC057785, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65921WB1993PLC057785 | Current |
| U65921WB1993PLC057785 | Previous |
Contact details
Greencrest Financial Services Limited's registered office is in Kolkata, West Bengal. Its website is greencrestfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 Ganesh Chandra Avenue 1st Floor, Room No – 6A, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Greencrest Financial Services 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
Brands
Greencrest Financial Services operates one associated brand: Greencrest Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides non-banking financial services and invests in shares and securities. | greencrestfin.com |
Business activity
The main business activity of Greencrest Financial Services is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Greencrest Financial Services Limited, buy the company report.
Financials of Greencrest Financial Services Limited
FY 2025-26 filings availableGreencrest Financial Services Limited reported revenue of ₹38.12 Cr (down 46.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 38.12 | 71.77 | 39.27 | 24.48 | 8.88 | 3.81 | 3.65 |
| Revenue growth | -46.9% | +82.8% | +60.4% | +175.7% | +133.1% | +4.4% | - |
| EBITDA | 5.27 | 4.70 | 3.50 | 2.96 | 0.95 | 0.69 | 0.64 |
| EBITDA margin | +13.8% | +6.6% | +8.9% | +12.1% | +10.7% | +18.1% | +17.5% |
| Profit before tax | 1.90 | 1.77 | 1.82 | 1.68 | 0.75 | 0.66 | 0.61 |
| Net profit | 1.35 | 1.44 | 1.07 | 1.26 | 0.56 | 0.49 | 0.45 |
| Net profit margin | +3.5% | +2.0% | +2.7% | +5.2% | +6.3% | +12.9% | +12.3% |
| EPS (₹) | 0.04 | 0.03 | 0.03 | 0.34 | 0.15 | 0.01 | 0.01 |
| Balance sheet | |||||||
| Total assets | 107 | 100 | 86.08 | 77.49 | 63.96 | 51.27 | 50.76 |
| Net worth | 56.68 | 55.12 | 53.74 | 52.68 | 51.42 | 50.86 | 50.38 |
| Total debt | 50.78 | 45.13 | 32.34 | 24.81 | 12.54 | 0.40 | 0.38 |
| Cash & bank | 0.05 | 0.61 | 0.43 | 1.46 | 0.19 | 2.02 | 0.31 |
| Net working capital | 1.07 | 14.50 | 18.29 | 10.35 | 8.14 | 9.97 | 7.59 |
| Cash flow | |||||||
| Cash from operations | 1.23 | (6.50) | 4.11 | 5.80 | 0.91 | 4.64 | 2.52 |
| Cash from investing | (7.45) | (6.11) | (5.14) | (4.53) | (2.76) | (2.96) | (3.15) |
| Cash from financing | 5.66 | 12.79 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.49 | 14.41 | 12.68 | 5.65 | 5.39 | 12.48 | 22.35 | 15.47 |
| Revenue growth (YoY) | +20.4% | +15.5% | -43.3% | -63.5% | -74.9% | - | - | - |
| Other income | 0.03 | (0.02) | 0.04 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Total expenses | 4.54 | 15.90 | 10.00 | 3.54 | 3.41 | 17.38 | 20.29 | 12.31 |
| EBITDA | 1.95 | (1.49) | 2.68 | 2.11 | 1.98 | (4.90) | 2.06 | 3.16 |
| EBITDA margin | +30.0% | -10.3% | +21.1% | +37.3% | +36.7% | -39.3% | +9.2% | +20.4% |
| Depreciation | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Interest | 0.85 | 0.28 | 1.63 | 0.73 | 0.73 | 0.57 | 0.79 | 0.78 |
| Profit before tax | 1.12 | (1.80) | 1.09 | 1.38 | 1.25 | (5.47) | 1.27 | 2.38 |
| Tax | 0.26 | (0.38) | 0.27 | 0.34 | 0.31 | (1.27) | 0.33 | 0.67 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.49 | 14.41 | 12.68 | 5.65 | 5.39 | 12.48 | 22.35 | 15.47 |
| Revenue growth (YoY) | +20.4% | +15.5% | -43.3% | -63.5% | -74.9% | - | - | - |
| Other income | 0.03 | (0.02) | 0.04 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Total expenses | 4.54 | 15.90 | 10.00 | 3.54 | 3.41 | 17.38 | 20.29 | 12.31 |
| EBITDA | 1.95 | (1.49) | 2.68 | 2.11 | 1.98 | (4.90) | 2.06 | 3.16 |
| EBITDA margin | +30.0% | -10.3% | +21.1% | +37.3% | +36.7% | -39.3% | +9.2% | +20.4% |
| Depreciation | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Interest | 0.85 | 0.28 | 1.63 | 0.73 | 0.73 | 0.57 | 0.79 | 0.78 |
| Profit before tax | 1.12 | (1.80) | 1.09 | 1.38 | 1.25 | (5.47) | 1.27 | 2.38 |
| Tax | 0.26 | (0.38) | 0.27 | 0.34 | 0.31 | (1.27) | 0.33 | 0.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 38.12 | 71.77 | 39.27 | 24.48 | 8.88 | 3.81 | 3.65 |
| Revenue growth | -46.9% | +82.8% | +60.4% | +175.7% | +133.1% | +4.4% | - |
| Other income | 0.02 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Total expenses | 32.85 | 67.07 | 35.77 | 21.52 | 7.93 | 3.12 | 3.01 |
| Employee cost | 0.49 | 0.49 | 0.37 | 0.28 | 0.28 | 0.24 | 0.24 |
| EBITDA | 5.27 | 4.70 | 3.50 | 2.96 | 0.95 | 0.69 | 0.64 |
| EBITDA margin | +13.8% | +6.6% | +8.9% | +12.1% | +10.7% | +18.1% | +17.5% |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.03 | 0.03 |
| Interest | 3.38 | 2.93 | 1.67 | 1.27 | 0.16 | 0.00 | 0.00 |
| Profit before tax | 1.90 | 1.77 | 1.82 | 1.68 | 0.75 | 0.66 | 0.61 |
| Tax | 0.55 | 0.55 | 0.75 | 0.42 | 0.19 | 0.17 | 0.16 |
| Net profit | 1.35 | 1.44 | 1.07 | 1.26 | 0.56 | 0.49 | 0.45 |
| Net profit margin | +3.5% | +2.0% | +2.7% | +5.2% | +6.3% | +12.9% | +12.3% |
| EPS (₹) | 0.04 | 0.03 | 0.03 | 0.34 | 0.15 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 36.55 | 36.55 | 36.55 | 36.55 | 36.55 | 36.55 | 36.55 |
| Reserves & surplus | 20.13 | 18.57 | 17.19 | 16.13 | 14.87 | 14.31 | 13.83 |
| Shareholders' funds (net worth) | 56.68 | 55.12 | 53.74 | 52.68 | 51.42 | 50.86 | 50.38 |
| Secured loans | 0.14 | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.01 |
| Unsecured loans | 50.64 | 45.13 | 32.34 | 24.80 | 12.52 | 0.37 | 0.37 |
| Total debt | 50.78 | 45.13 | 32.34 | 24.81 | 12.54 | 0.40 | 0.38 |
| Total liabilities | - | - | 86.08 | 77.49 | 63.96 | 51.27 | 50.76 |
| Assets | |||||||
| Gross block | 0.19 | 0.21 | 0.21 | 0.21 | 0.21 | 0.20 | 0.13 |
| Net block | 0.16 | 0.03 | 0.04 | 0.05 | 0.07 | 0.09 | 0.03 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 1.25 | 0.00 | 0.65 | 0.90 | 0.90 |
| Inventories | 3.75 | 9.46 | 19.05 | 7.30 | 2.72 | 7.78 | 6.87 |
| Sundry debtors | 7.92 | 4.33 | 1.64 | 1.23 | 5.84 | 0.00 | 0.19 |
| Cash & bank balances | 0.05 | 0.61 | 0.43 | 1.46 | 0.19 | 2.02 | 0.31 |
| Loans & advances | 20.25 | 3.10 | 3.17 | 0.96 | 0.55 | 0.48 | 0.52 |
| Total current assets | 31.97 | 17.50 | 24.29 | 10.95 | 9.30 | 10.28 | 7.89 |
| Total current liabilities | 30.90 | 3.00 | 6.00 | 0.60 | 1.16 | 0.31 | 0.30 |
| Net working capital | 1.07 | 14.50 | 18.29 | 10.35 | 8.14 | 9.97 | 7.59 |
| Total assets | 107 | 100 | 86.08 | 77.49 | 63.96 | 51.27 | 50.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.61 | 0.43 | 1.46 | 0.19 | 2.02 | 0.31 | 0.94 |
| Net cash from operating activities | 1.23 | (6.50) | 4.11 | 5.80 | 0.91 | 4.64 | 2.52 |
| Net cash from investing activities | (7.45) | (6.11) | (5.14) | (4.53) | (2.76) | (2.96) | (3.15) |
| Net cash from financing activities | 5.66 | 12.79 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 |
| Net change in cash | (0.56) | 0.18 | (1.03) | 1.26 | (1.82) | 1.71 | (0.63) |
| Closing cash | 0.05 | 0.61 | 0.43 | 1.46 | 0.19 | 2.02 | 0.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -46.9% | +82.8% | +60.4% | +175.7% | +133.1% | +4.4% | - |
| EBITDA growth | +12.1% | +34.3% | +18.2% | +211.6% | +37.7% | +7.8% | - |
| PBT growth | +7.3% | -2.8% | +8.3% | +124.0% | +13.6% | +8.2% | -40.2% |
| Net income growth | -6.3% | +34.6% | -15.1% | +125.0% | +14.3% | +8.9% | - |
| Revenue CAGR (3Y) | +15.9% | +100.7% | +117.6% | +88.6% | -46.3% | -51.1% | -29.0% |
| EBITDA CAGR (3Y) | +21.2% | +70.4% | +71.8% | +66.6% | -5.3% | -6.0% | -12.9% |
| Profitability & leverage | |||||||
| Net income margin | +3.5% | +1.7% | +2.7% | +5.2% | +6.3% | +12.9% | +12.3% |
| Return on capital employed | +5.1% | +5.3% | +4.3% | +4.2% | +1.6% | +1.3% | +1.2% |
| Return on net worth | +2.4% | +2.7% | +2.0% | +2.4% | +1.1% | +1.0% | +0.9% |
| Debt / equity | 0.86 | 0.71 | 0.54 | 0.36 | 0.13 | 0.01 | 0.01 |
| Long-term debt / equity | 0.86 | 0.71 | 0.54 | 0.36 | 0.13 | 0.01 | 0.00 |
| Interest cover | 64.26 | 62.47 | 47.85 | 43.20 | 17.58 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 190.70 | 341.81 | 187.00 | 116.62 | 43.32 | 23.09 | 28.08 |
| Inventory turnover | 5.77 | 5.04 | 2.98 | 4.89 | 1.69 | 0.52 | 0.46 |
| Debtors turnover | 6.23 | 24.05 | 27.37 | 6.93 | 3.04 | 40.11 | 25.17 |
| EPS (₹) | 0.04 | 0.03 | 0.03 | 0.34 | 0.15 | 0.01 | 0.01 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 1.55 | 1.51 | 1.47 | 14.41 | 14.07 | 1.39 | 1.38 |
To see the full year-wise statements and ratios of Greencrest Financial Services Limited, buy the company report.
Board of directors of Greencrest Financial Services Limited
Greencrest Financial Services has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Parakh Also directs: B R Power Ltd, Gold Mouhar Vyapaar Pvt Ltd | Managing Director | 28 Apr 2015 | 11 Years 6 Months | Current |
| Sunil Parakh Also directs: Ujjwal Vyapaar Private Limited | Director | 28 Mar 2011 | 15 Years 7 Months | Current |
| Biswanath Roychowdhury Also directs: Century Ispat Limited | Director | 04 Mar 2025 | 1 Years 8 Months | Current |
| Nandini Bar | Director | 04 Mar 2025 | 1 Years 8 Months | Current |
| Ashish Jha | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Auditor
Greencrest Financial Services Limited is audited by RAJESH KUMAR GOKUL CHANDRA AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KUMAR GOKUL CHANDRA AND ASSOCIATES | FY 2020 | 323891E |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 1.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 98.80%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 1.20% | 1.20% | 1.20% | 1.20% |
| Public | 98.80% | 98.80% | 98.80% | 98.80% |
Deals & funding
Greencrest Financial Services Limited has 47 deals on record (47 market trades); the latest was in February 2024.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Market trade | ₹25.9 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Feb 2024 | Market trade | ₹24.9 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Mansi Share and Stock Broking Private Limited |
| Feb 2024 | Market trade | ₹28.4 Lakh | Seller: Mansi Share and Stock Broking Private Limited |
| Jan 2024 | Market trade | ₹36 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited |
| Jan 2024 | Market trade | ₹20 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
To see the full deal history of Greencrest Financial Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Greencrest Financial Services Limited has 10 court cases on record: 8 filed by Greencrest Financial Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against BSE Limited and Anr | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Greencrest Financial Services 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 Greencrest Financial Services 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 Greencrest Financial Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Greencrest Financial Services Limited has 21 board changes on record since 2002: 13 appointments and 8 cessations. The latest: Biswanath Roychowdhury was appointed as Director on 04 Mar 2025.
12 earlier events are in the company report.
News
Frequently asked questions
Greencrest Financial Services is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 15 February 1993 (33+ years old) and is registered under CIN L65921WB1993PLC057785. Listed on BSE: 531737.
Greencrest Financial Services reported revenue of ₹38.12 Cr for FY 2025-26 (down 46.9% YoY) based on standalone financials.
Greencrest Financial Services has 5 current directors:
- Sushil Parakh - Managing Director
- Sunil Parakh - Director
- Biswanath Roychowdhury - Director
- Nandini Bar - Director
- Ashish Jha - Director
The latest financial statements of Greencrest Financial Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Greencrest Financial Services is L65921WB1993PLC057785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Greencrest Financial Services is a listed company as per MCA records. Its shares are listed on BSE (code: 531737).
Greencrest Financial Services has 10 court cases on record: 8 filed by the company and 2 filed against it. Most are in the district courts.
Greencrest Financial Services was incorporated on 15 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
Greencrest Financial Services has 47 deals on record (47 market trades); the latest was in February 2024.
Biswanath Roychowdhury was appointed as Director on 04 Mar 2025. Janmenjoy Mandal ceased to be Additional Director on 04 Mar 2025. Nandini Bar was appointed as Director on 04 Mar 2025. Greencrest Financial Services has 21 board changes on record in total.
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