Jindal Combines Pvt Ltd - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29211MH1980PTC323076 Incorporated 24 October 1980 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹24.64 Cr
▲ 17% YoY
Net profit · FY 2025
₹15.97 Cr
Net margin 64.8%
EBITDA · FY 2025
₹22.81 Cr
EBITDA margin 92.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.4 Lakh
Issued & subscribed
Open charges
₹115.44 Cr
Satisfied ₹447.71 Cr
Company age
46 yrs
Est. 1980
Directors on board
2
As per MCA filings

About Jindal Combines Pvt Ltd

Data last updated:

Jindal Combines Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 October 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29211MH1980PTC323076. Its GSTIN is 27AABCJ0861E1ZV (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.4 Lakh. It is led by directors Vilas Francis Dias and Harihara Nagarajan Subramanian.

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 ₹24.64 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹15.97 Cr (net margin 64.8%) and EBITDA of ₹22.81 Cr (EBITDA margin 92.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.

Its group structure includes 4 subsidiaries.

As per MCA filings, the company has open charges of ₹115.44 Cr and satisfied charges of ₹447.71 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2014.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29211MH1980PTC323076
Registration Number 323076
Incorporation Date 24 October 1980
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

CIN history

Jindal Combines has one previous CIN (Corporate Identification Number): U29211PB1980PTC004301. The current CIN is U29211MH1980PTC323076, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29211MH1980PTC323076Current
U29211PB1980PTC004301Previous

Contact details

Jindal Combines Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    39 Floor – 6th 731/2 Air Condition Market Building, Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Jindal Combines Pvt Ltd, buy the company report.

Comprehensive company report
Jindal Combines Pvt Ltd - 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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Financials of Jindal Combines Pvt Ltd

FY 2025 filings available

Jindal Combines Pvt Ltd reported revenue of ₹24.64 Cr (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹24.64 Cr ▲ 17%
Net profit · FY 2025
₹15.97 Cr margin 64.8%
EBITDA · FY 2025
₹22.81 Cr margin 92.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 7%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 17% growth in the latest year. EBITDA rose 16% 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₹22.81 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.97 Cr
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 Margin92.6%
Net Profit Margin64.8%
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 Jindal Combines Pvt Ltd, buy the company report.

Board of directors of Jindal Combines Pvt Ltd

Jindal Combines has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vilas Francis DiasDirector09 Jul 20242 Years 3 MonthsCurrent
Harihara Nagarajan SubramanianDirector03 Feb 201412 Years 8 MonthsCurrent

Auditor

Jindal Combines Pvt Ltd is audited by V P Doshi & Company for the financial year 2022.

Auditor firmFinancial yearFirm registration number
V P Doshi & CompanyFY 2022155936W

Shareholding

The shareholding of Jindal Combines Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jindal Combines Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹115.44 Cr
Satisfied charges
₹447.71 Cr
Breakdown by lending institutions
Indiabulls Financial Services Limited₹200.00 Cr
Hdfc Bank Limited₹165.61 Cr
Housing Development Finance Corporation Limited₹52.00 Cr
Others₹30.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Aug 2020100367886Hdfc Bank Limited₹92 CrSatisfied
07 Jan 2020100315757Hdfc Bank Limited₹8 CrSatisfied
13 Dec 2019100312089Others₹5.1 CrSatisfied
10 Apr 2019100271888Others₹25 CrSatisfied
05 Jun 2018100213357Hdfc Bank Limited₹30.17 CrSatisfied

To see the full charge records of Jindal Combines Pvt Ltd, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Jindal Combines Pvt Ltd has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2014.

Total deals
6
Secondary share transfers
5
Acquisition
1

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2014Secondary share transferUndisclosedBuyer: PDT Trading Private Limited , Achilles Trading Private Limited
Seller: Niwas Residential & Commercial Properties Private Limited , Essar Properties Limited & Madan Mudra
Mar 2011Acquisition₹51.6 LakhBuyer: Niwas Residential & Commercial Properties Private Limited
Mar 2009Secondary share transferUndisclosedBuyer: Niwas Residential & Commercial Properties Private Limited , Essar Properties Limited & Madan Mudra
Seller: 3 individuals
Apr 2008Secondary share transferUndisclosedBuyer: Niwas Residential & Commercial Properties Private Limited , 2 individuals
Seller: Chandarnagar Minerals Private Limited, an individual
Nov 2006Secondary share transferUndisclosedBuyer: Chandarnagar Minerals Private Limited, 2 individuals
Seller: Ashok Kumar Jhajaria (HUF), 3 individuals

To see the full deal history of Jindal Combines Pvt Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jindal Combines Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Jindal Combines has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

4
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Sunrays Renewable Energy Private LimitedU40101MH2010PTC200855
Orlando Trading Private LimitedU51900MH2005PTC156598
Eco Land Holdings Private LimitedU70102MH2021PTC367431
Victory Horticulture & Farms Private LimitedU74900MH2010PTC205203

To see the full group structure of Jindal Combines Pvt Ltd, buy the company report.

GST

Jindal Combines has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCJ0861E1ZVMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Jindal Combines Pvt Ltd, buy the company report.

Recent activity

Jindal Combines Pvt Ltd has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Vilas Francis Dias ceased to be Additional Director on 29 Sep 2024.

AGM
Jindal Combines Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jindal Combines Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Vilas Francis Dias ceased to be Additional Director.
Charges
A charge registered on 11 Dec 2017 via Charge ID 100150948 with Hdfc Bank Limited was fully satisfied on 29 Aug 2024.
Charges
A charge registered on 03 Aug 2020 via Charge ID 100367886 with Hdfc Bank Limited was fully satisfied on 07 Aug 2024.
Charges
A charge registered on 07 Jan 2020 via Charge ID 100315757 with Hdfc Bank Limited was fully satisfied on 07 Aug 2024.
Appointed
Vilas Francis Dias was appointed as Director.
Charges
A charge registered on 05 Jun 2018 via Charge ID 100213357 with Hdfc Bank Limited was fully satisfied on 28 Jul 2023.
Charges
A charge registered on 13 Dec 2019 via Charge ID 100312089 with Others was fully satisfied on 23 Nov 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9,200.00 Lakh with Charge ID 100367886 was registered on 03 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 100315757 was registered on 07 Jan 2020.
Charges
A charge with Others amounted to Rs. 510.00 Lakh with Charge ID 100312089 was registered on 13 Dec 2019.

24 earlier events are in the company report.

Frequently asked questions

Jindal Combines is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 October 1980 (46+ years old) and is registered under CIN U29211MH1980PTC323076.

Jindal Combines has 2 current directors:

The latest financial statements of Jindal Combines 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 Jindal Combines is 27AABCJ0861E1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Jindal Combines is U29211MH1980PTC323076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jindal Combines has 8 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.

Jindal Combines was incorporated on 24 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.

Jindal Combines has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2014.

Vilas Francis Dias ceased to be Additional Director on 29 Sep 2024. Vilas Francis Dias was appointed as Director on 09 Jul 2024. Harihara Nagarajan Subramanian ceased to be Additional Director on 30 Sep 2014. Jindal Combines has 10 board changes on record in total.

The registered office of Jindal Combines is at 39 Floor – 6th 7312 Air Condition Market Building, Pandit Madan Mohan Malviya Marg Tardeo, Mumbai, Maharashtra, India – 400034.