About Hifin Capital Private Limited
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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
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
- Website
- Registered Address8th Flr Bhukhanvala Chambers B – 28 Veera Indl Est. Cts 595 Village Oshiwara Off Link Road A, Ndheri (W), Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Hifin Capital Private 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
Hifin Capital operates two associated brands: Hiffin and Bhukhanvala Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of photographic equipments | hiffin.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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other 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 availableHifin Capital Private Limited reported revenue of ₹62.91 Lakh (up 852% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹59.06 Lakh | ||||
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| Net Profit (PAT) | ₹40.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 93.9% | ||||
| Net Profit Margin | 64.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niyati Nitin Desai Also directs: Hifin Trading Co LLP, Peerage Properties Private Limited, Hifin Capital Private Limited and 1 more | Director | 01 Nov 2024 | 2 Years 0 Months | Current |
| Niraj Pankaj Bhukhanwala Also directs: Hifin Trading Co LLP, Precision Wires India Limited, Precision Wires India Limited and 5 more | Director | 01 Dec 2004 | 21 Years 11 Months | Current |
| Smita Pankaj Bhukhanwala Also directs: Bhukhanvala Industries Private Limited, Bhukhanvala Holdings Private Limited, Peerage Properties Private Limited and 2 more | Director | 10 Apr 1973 | 53 Years 6 Months | Current |
| Shalin Sunandan Divatia Also directs: Hifin Trading Co LLP, Bhukhanvala Industries Private Limited, Bhukhanvala Holdings Private Limited and 5 more | Director | 21 Nov 2022 | 3 Years 11 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 64.3% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| S R DIVATIA & CO | FY 2018 | 102646W |
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 category | FY 2018 | FY 2017 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2001 | 90371302 | Ichalkaranji Janata Sahakri Bank Ltd. | ₹7 Lakh | Open | |
| 08 Jan 2001 | 90371449 | Ichalkaranji Janata Sahakri Bank Ltd. | ₹23 Lakh | Open | |
| 08 Jan 2001 | 90384705 | Ichalkaraanji Janta Sahakari Bank Ltd. | ₹5 Lakh | Open | |
| 05 Jan 1996 | 90186297 | Bank of Baroda | ₹5 Lakh | Open | |
| 12 May 1994 | 90186073 | Bank of Baroda | ₹35.8 Lakh | Open |
To see the full charge records of Hifin Capital Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
No court or tribunal cases involving Hifin Capital Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
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.
| Company Name | CIN | Shares held |
|---|---|---|
| Bhukhanvala Holdings Private Limited | U29220MH1973PTC016544 |
To see the full group structure of Hifin Capital Private Limited, buy the company report.
GST
Hifin Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH3934M1ZD | Maharashtra | Active | 01 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.
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:
- Niyati Nitin Desai - Director
- Niraj Pankaj Bhukhanwala - Director
- Smita Pankaj Bhukhanwala - Director
- Shalin Sunandan Divatia - Director
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.
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