Hifin Capital Private Limited

Hifin Capital Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29224MH1971PTC015403 Incorporated 28 October 1971 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹62.91 Lakh
▲ 852% YoY
Net profit · FY 2025
₹40.43 Lakh
Net margin 64.3%
EBITDA · FY 2025
₹59.06 Lakh
EBITDA margin 93.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.19 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Secured borrowings
Company age
55 yrs
Est. 1971
Directors on board
4
As per MCA filings

About Hifin Capital Private Limited

Data last updated:

Hifin Capital Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 28 October 1971 and has been in existence for over 55 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29224MH1971PTC015403. Its GSTIN is 27AAACH3934M1ZD (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.19 Lakh. It is led by directors including Niyati Nitin Desai and Niraj Pankaj Bhukhanwala.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹62.91 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹40.43 Lakh (net margin 64.3%) and EBITDA of ₹59.06 Lakh (EBITDA margin 93.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 43% over five years.

Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Hiffin and Bhukhanvala Group. As per MCA filings, the company has open charges of ₹1.2 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 bdtlimited.com.

Company details

CIN U29224MH1971PTC015403
Registration Number 015403
Incorporation Date 28 October 1971
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Hifin Capital Private Limited's registered office is in Mumbai, Maharashtra. Its website is bdtlimited.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    8th Flr Bhukhanvala Chambers B – 28 Veera Indl Est. Cts 595 Village Oshiwara Off Link Road A, Ndheri (W), Mumbai, Maharashtra, India – 400053
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC

To see the full contact details of Hifin Capital Private Limited, buy the company report.

Comprehensive company report
Hifin Capital Private 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
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Brands

Hifin Capital operates two associated brands: Hiffin and Bhukhanvala Group. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of photographic equipmentshiffin.in
Operations in manufacturing, technology, real estate, and financial services in India.bdtlimited.com

Business activity

The main business activity of Hifin 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 Hifin Capital Private Limited, buy the company report.

Financials of Hifin Capital Private Limited

FY 2025 filings available

Hifin Capital Private Limited reported revenue of ₹62.91 Lakh (up 852% YoY) for FY 2025.

Revenue · FY 2025
₹62.91 Lakh ▲ 852%
Net profit · FY 2025
₹40.43 Lakh margin 64.3%
EBITDA · FY 2025
₹59.06 Lakh margin 93.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 852%
3 years · compounded
▼ 32%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 395%
3 years · compounded
▲ 59%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 852% growth in the latest year. EBITDA rose 395% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹59.06 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.43 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin93.9%
Net Profit Margin64.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Hifin Capital Private Limited, buy the company report.

Board of directors of Hifin Capital Private Limited

Hifin Capital has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Niyati Nitin DesaiDirector01 Nov 20242 Years 0 MonthsCurrent
Niraj Pankaj BhukhanwalaDirector01 Dec 200421 Years 11 MonthsCurrent
Smita Pankaj BhukhanwalaDirector10 Apr 197353 Years 6 MonthsCurrent
Shalin Sunandan DivatiaDirector21 Nov 20223 Years 11 MonthsCurrent

Peer comparison

Hifin Capital Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Lactose Vinimay Pvt Ltd₹63.15 Lakh (FY 2025)339.0%Kolkata, West Bengal, India
Nilgiri Mercantiles Pvt. Ltd.₹63.13 Lakh (FY 2025)39.0%Kolkata, West Bengal, India
Kuber Trexim Pvt Ltd₹63.08 Lakh (FY 2025)-3.0%Kolkata, West Bengal, India
Rsa Fincorp Private Limited₹63.04 Lakh (FY 2025)136.0%Vadodara, Gujarat, India
Hifin Capital Private Limitedthis company₹62.91 Lakh (FY 2025)₹40.43 Lakh64.3%852.0%Mumbai, Maharashtra, India
Malika Suppliers Pvt.Ltd.₹62.86 Lakh (FY 2024)-18.0%Kolkata, West Bengal, India
J J Finance Corporation Ltd₹62.79 Lakh (FY 2019)-46.0%Kolkata, West Bengal, India

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

Auditor

Hifin Capital Private Limited is audited by S R DIVATIA & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
S R DIVATIA & COFY 2018102646W

Shareholding

The shareholding of Hifin Capital Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hifin Capital Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹0.85 Cr
Ichalkaranji Janata Sahakri Bank Ltd.₹0.30 Cr
Ichalkaraanji Janta Sahakari Bank Ltd.₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 May 200190371302Ichalkaranji Janata Sahakri Bank Ltd.₹7 LakhOpen
08 Jan 200190371449Ichalkaranji Janata Sahakri Bank Ltd.₹23 LakhOpen
08 Jan 200190384705Ichalkaraanji Janta Sahakari Bank Ltd.₹5 LakhOpen
05 Jan 199690186297Bank of Baroda₹5 LakhOpen
12 May 199490186073Bank of Baroda₹35.8 LakhOpen

To see the full charge records of Hifin Capital Private Limited, buy the company report.

Total charge records: 14 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hifin Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Hifin Capital has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Bhukhanvala Holdings Private LimitedU29220MH1973PTC016544

To see the full group structure of Hifin Capital Private Limited, buy the company report.

GST

Hifin Capital has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACH3934M1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Hifin Capital Private Limited, buy the company report.

Recent activity

Hifin Capital Private Limited has 8 board changes on record since 1973: 4 appointments and 4 cessations. The latest: Niyati Nitin Desai ceased to be Additional Director on 29 Sep 2025.

AGM
Hifin Capital Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Niyati Nitin Desai ceased to be Additional Director.
Ceased
Saroj Madhukant Bhukhanwala ceased to be Director.
Filing
Hifin Capital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Niyati Nitin Desai was appointed as Director.
Appointed
Shalin Sunandan Divatia was appointed as Director.
Ceased
Madhukant Ratanlal Bhukhanvala ceased to be Director.
Ceased
Nitish Madhukant Bhukhanwala ceased to be Director.
Appointed
Niraj Pankaj Bhukhanwala was appointed as Director.
Charges
A charge with Ichalkaranji Janata Sahakri Bank Ltd. amounted to Rs. 7.00 Lakh with Charge ID 90371302 was registered on 28 May 2001.
Charges
A charge with Ichalkaranji Janata Sahakri Bank Ltd. amounted to Rs. 23.00 Lakh with Charge ID 90371449 was registered on 08 Jan 2001.
Charges
A charge with Ichalkaraanji Janta Sahakari Bank Ltd. amounted to Rs. 5.00 Lakh with Charge ID 90384705 was registered on 08 Jan 2001.

18 earlier events are in the company report.

Frequently asked questions

Hifin Capital is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 28 October 1971 (55+ years old) and is registered under CIN U29224MH1971PTC015403.

Hifin Capital has 4 current directors:

The latest financial statements of Hifin Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hifin Capital is 27AAACH3934M1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of Hifin Capital is U29224MH1971PTC015403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hifin Capital was incorporated on 28 October 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Hifin Capital by revenue are Lactose Vinimay Pvt Ltd, Nilgiri Mercantiles Pvt. Ltd, Kuber Trexim Pvt Ltd, Rsa Fincorp Private Limited, Malika Suppliers Pvt.Ltd. and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).

Niyati Nitin Desai ceased to be Additional Director on 29 Sep 2025. Saroj Madhukant Bhukhanwala ceased to be Director on 05 Jul 2025. Niyati Nitin Desai was appointed as Director on 01 Nov 2024. Hifin Capital has 8 board changes on record in total.

Hifin Capital can be reached through the website bdtlimited.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Hifin Capital is at 8th Flr Bhukhanvala Chambers B – 28 Veera Indl Est. Cts 595 Village Oshiwara Off Link Road A, Ndheri W, Mumbai, Maharashtra, India – 400053.

Hifin Capital operates in the financial services industry, in the investment and credit nbfc segment.