About Greencrest Financial Services Limited
Data last updated: 07 March 2026
Greencrest Financial Services Limited is a public limited company based in Kolkata, West Bengal, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 15 February 1993, the company has been in operation for over 33 years.
Registered with ROC Kolkata under CIN L65921WB1993PLC057785. Listed on BSE: 531737.
Capital: an authorised share capital of ₹45.5 Cr and a paid-up capital of ₹36.55 Cr. Formerly known as Marigold Glass Industries Ltd. It is led by directors including Biswanath Roychowdhury and Sushil Parakh.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.27 Cr, a growth of 60% compared to the previous year.
The company is associated with 1 brand - Greencrest Financial Services.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address8 Ganesh Chandra Avenue 1St Floor, Room No – 6A, Kolkata, West Bengal, India – 700013
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Greencrest Financial Services Limited
Greencrest Financial Services Limited 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 |
Associated Brands with Greencrest Financial Services Limited
Greencrest Financial Services Limited operates one associated brand: Greencrest Financial Services. These brands represent Greencrest Financial Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides non-banking financial services and invests in shares and securities. | greencrestfin.com |
Competitors & Alternatives of Greencrest Financial Services Limited
Brands and companies operating in the same space as Greencrest Financial Services Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
|
Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
|
Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
|
Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Greencrest Financial Services Limited
Greencrest Financial Services Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | ********* |
Auditor Details of Greencrest Financial Services Limited
Greencrest Financial Services Limited is audited by RAJESH KUMAR GOKUL CHANDRA AND ASSOCIATES for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH KUMAR GOKUL CHANDRA AND ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Greencrest Financial Services Limited
Greencrest Financial Services Limited is currently managed by 7 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Biswanath Roychowdhury
Also directs:
Greencrest Financial Services Limited, Century Ispat Limited
|
Additional Director | 04 Mar 2025 | 1 Years 4 Months | Current |
| Sushil Parakh | Managing Director | 28 Apr 2015 | 11 Years 2 Months | Current |
|
Ashish Jha
Also directs:
Greencrest Financial Services Limited
|
Additional Director | 01 Apr 2024 | 2 Years 3 Months | Current |
| Sunil Parakh | Director | 28 Mar 2011 | 15 Years 3 Months | Current |
|
Nandini Bar
Also directs:
Greencrest Financial Services Limited
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Additional Director | 04 Mar 2025 | 1 Years 4 Months | Current |
Financials of Greencrest Financial Services Limited FY 2024 filings available
Greencrest Financial Services Limited reported revenue of ₹39.23 Cr (up 60.28% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹39.23 Cr | ₹24.48 Cr | ₹8.88 Cr | ₹3.81 Cr | ₹3.65 Cr | ₹54.65 Cr |
| Interest Earned | ₹5.07 Cr | ₹4.46 Cr | ₹2.72 Cr | ₹2.84 Cr | ₹3.16 Cr | - |
| Other Income | ₹3.75 Lakh | ₹96,100 | ₹0 | ₹0 | ₹0 | ₹2.73 Cr |
| Total Income | ₹39.27 Cr | ₹24.49 Cr | ₹8.88 Cr | ₹3.81 Cr | ₹3.65 Cr | ₹57.37 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹44.6 Cr | ₹25.34 Cr | ₹1.39 Cr | ₹0 | ₹48.23 Lakh | ₹53.08 Cr |
| Changes in Inventories | -₹11.75 Cr | -₹4.57 Cr | ₹5.56 Cr | ₹0 | ₹1.29 Cr | ₹2.66 Cr |
| Employee Benefit Expense | ₹37.34 Lakh | ₹28.06 Lakh | ₹27.91 Lakh | ₹24.42 Lakh | ₹24.26 Lakh | ₹23.96 Lakh |
| Finance Costs | ₹1.67 Cr | ₹1.27 Cr | ₹16.24 Lakh | ₹5,600 | ₹19,300 | ₹6.1 Lakh |
| Depreciation & Amortisation | ₹1.35 Lakh | ₹1.83 Lakh | ₹4.47 Lakh | ₹3.44 Lakh | ₹3.17 Lakh | ₹4.22 Lakh |
| Other Expenses | ₹2.55 Cr | ₹47.01 Lakh | ₹70.35 Lakh | ₹2.87 Cr | ₹28.76 Lakh | ₹26.54 Lakh |
| Total Expenses | ₹37.46 Cr | ₹22.81 Cr | ₹8.13 Cr | ₹3.15 Cr | ₹3.04 Cr | ₹56.35 Cr |
| Profit Before Exceptional Items & Tax | ₹1.81 Cr | ₹1.68 Cr | ₹74.8 Lakh | ₹65.32 Lakh | ₹60.28 Lakh | ₹1.02 Cr |
| Exceptional Items | -₹24.96 Lakh | ₹0 | ₹0 | -₹55,700 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.56 Cr | ₹1.68 Cr | ₹74.8 Lakh | ₹64.77 Lakh | ₹60.28 Lakh | ₹1.02 Cr |
| Total Tax Expense | ₹50.03 Lakh | ₹42.23 Lakh | ₹19.26 Lakh | ₹16.79 Lakh | ₹15.52 Lakh | ₹29.01 Lakh |
| Net Profit | ₹1.06 Cr | ₹1.26 Cr | ₹55.54 Lakh | ₹47.98 Lakh | ₹44.76 Lakh | ₹73.35 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.06 Cr | ₹1.26 Cr | ₹55.54 Lakh | ₹47.98 Lakh | ₹44.76 Lakh | ₹73.35 Lakh |
| EBITDA (computed) | ₹3.5 Cr | ₹2.96 Cr | ₹95.51 Lakh | ₹68.82 Lakh | ₹63.65 Lakh | ₹1.13 Cr |
| Basic EPS | ₹0.03 | ₹0.03 | ₹0.02 | ₹0.01 | ₹0.01 | ₹0.02 |
| Diluted EPS | ₹0.03 | ₹0.03 | ₹0.02 | ₹0.01 | ₹0.01 | ₹0.02 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹92.08 Cr | ₹78.09 Cr | ₹65.12 Cr | ₹51.57 Cr | ₹51.06 Cr | ₹52.2 Cr |
| Non-current Assets | - | - | - | - | - | ₹1.01 Cr |
| Current Assets | - | - | - | - | - | ₹51.19 Cr |
| Property, Plant & Equipment | ₹3.77 Lakh | ₹5.12 Lakh | ₹6.9 Lakh | ₹8.94 Lakh | ₹3.25 Lakh | ₹4.34 Lakh |
| Inventories | ₹19.05 Cr | ₹7.3 Cr | ₹2.72 Cr | ₹7.78 Cr | ₹6.87 Cr | ₹8.87 Cr |
| Trade Receivables | - | - | - | - | - | ₹10.21 Lakh |
| Cash & Equivalents | ₹41.47 Lakh | ₹14,700 | ₹53,100 | ₹17,900 | ₹1.73 Lakh | ₹1.88 Lakh |
| Equity (Net Worth) | ₹53.74 Cr | ₹52.68 Cr | ₹51.42 Cr | ₹50.86 Cr | ₹50.38 Cr | ₹49.9 Cr |
| Equity Share Capital | ₹36.55 Cr | ₹36.55 Cr | ₹36.55 Cr | ₹36.55 Cr | ₹36.55 Cr | ₹36.55 Cr |
| Borrowings (Non-current) | - | - | - | - | - | ₹0 |
| Borrowings (Current) | - | - | - | - | - | ₹40.3 Lakh |
| Total Debt (computed) | - | - | - | - | - | ₹40.3 Lakh |
| Current Liabilities | - | - | - | - | - | ₹2.3 Cr |
| Total Liabilities | ₹38.34 Cr | ₹25.41 Cr | ₹13.7 Cr | ₹70.7 Lakh | ₹67.71 Lakh | ₹2.3 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹93.79 Lakh | -₹3.57 Cr | ₹3.28 Cr |
| Investing Cash Flow | -₹7.62 Cr | -₹7.44 Cr | -₹17.26 Cr |
| Financing Cash Flow | ₹7.53 Cr | ₹12.28 Cr | ₹12.16 Cr |
| Capital Expenditure | ₹0 | -₹1.79 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹93.79 Lakh | -₹3.59 Cr | ₹3.28 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.03 Cr | ₹1.26 Cr | -₹1.82 Cr |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹22.35 Cr | ₹15.47 Cr | ₹21.47 Cr |
| Interest Earned | ₹1.16 Cr | ₹1.54 Cr | ₹1.57 Cr |
| Other Income | ₹0 | ₹0 | ₹0 |
| Total Income | ₹22.35 Cr | ₹15.47 Cr | ₹21.47 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹8.69 Cr | ₹29.79 Cr | ₹14.42 Cr |
| Changes in Inventories | ₹11.23 Cr | -₹17.9 Cr | ₹2.24 Cr |
| Employee Benefit Expense | ₹11.63 Lakh | ₹11.25 Lakh | ₹11.63 Lakh |
| Finance Costs | ₹78.5 Lakh | ₹78 Lakh | ₹79.5 Lakh |
| Depreciation & Amortisation | ₹26,500 | -₹15,000 | ₹15,000 |
| Other Expenses | ₹25.65 Lakh | ₹30.96 Lakh | ₹31.26 Lakh |
| Total Expenses | ₹21.08 Cr | ₹13.09 Cr | ₹17.88 Cr |
| Profit Before Exceptional Items & Tax | ₹1.27 Cr | ₹2.38 Cr | ₹3.59 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.27 Cr | ₹2.38 Cr | ₹3.59 Cr |
| Total Tax Expense | ₹32.88 Lakh | ₹67.19 Lakh | ₹82.13 Lakh |
| Net Profit | ₹94.01 Lakh | ₹1.71 Cr | ₹2.77 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹94.01 Lakh | ₹1.71 Cr | ₹2.77 Cr |
| EBITDA (computed) | ₹2.06 Cr | ₹3.16 Cr | ₹4.39 Cr |
| Basic EPS | ₹0.03 | ₹0.05 | ₹0.08 |
| Diluted EPS | ₹0.03 | ₹0.05 | ₹0.08 |
Shareholding Pattern of Greencrest Financial Services Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 1.25%, retail and other public shareholders hold 98.75% of Greencrest Financial Services Limited. The company had 59,833 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
| Public | 98.75% | 98.75% | 98.75% | 98.75% | 98.75% | 98.75% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 1.25% | 1.25% | 1.25% |
| Public | 98.75% | 98.75% | 98.75% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings Greencrest Financial Services Limited
Greencrest Financial Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Greencrest Financial Services Limited
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Employee Count & EPFO Data of Greencrest Financial Services Limited
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GST Compliance of Greencrest Financial Services Limited
GSTIN & GST Filing Data of Greencrest Financial Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Greencrest Financial Services Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Greencrest Financial Services Limited
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MSME Payment Delays by Greencrest Financial Services Limited
MSME Payment Delays by Greencrest Financial Services Limited
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Subsidiaries & Group Companies of Greencrest Financial Services Limited
Subsidiaries & Group Companies of Greencrest Financial Services Limited
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MCA Filings & Documents of Greencrest Financial Services Limited
MCA Filings & Documents of Greencrest Financial Services Limited
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Recent Activity on Greencrest Financial Services Limited
Frequently Asked Questions about Greencrest Financial Services Limited
Greencrest Financial Services Limited is an active public limited company in the financial services sector based in Kolkata, West Bengal, India. It was incorporated on 15 February 1993 (33+ years old) and is registered under CIN L65921WB1993PLC057785. Listed on BSE: 531737.
Greencrest Financial Services Limited reported revenue of ₹39.27 Cr for FY 2024 (up 60.00% YoY).
The current directors of Greencrest Financial Services Limited are:
- Biswanath Roychowdhury
- Sushil Parakh
- Praveen Kumar Gupta
- Ashish Jha
- Sunil Parakh
- Abhijit Bose
- Nandini Bar
The primary industry of Greencrest Financial Services Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Greencrest Financial Services Limited is listed on BSE with code 531737.
Greencrest Financial Services Limited can be reached at the registered office: 8 Ganesh Chandra Avenue 1St Floor, Room No – 6A, Kolkata, West Bengal, India – 700013, or through the website greencrestfin.com.