Mithani Finance Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65920MH1999PLC118769 Incorporated 10 March 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹43.98 Lakh
▲ 17% YoY
Net profit · FY 2025
₹25.96 Lakh
Net margin 59%
EBITDA · FY 2025
₹32.5 Lakh
EBITDA margin 73.9%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Mithani Finance Limited

Data last updated:

Mithani Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 10 March 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1999PLC118769.

The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Smita Upendra Mithani (Whole-Time Director) and Upendra Vasantrai Mithani (Whole-Time Director).

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 201 Trmurty Arcade L B D Margghatkopar West, Mumbai, Maharashtra, India – 400086.

As per the financials filed for FY 2025, the company reported a revenue of ₹43.98 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹25.96 Lakh (net margin 59%) and EBITDA of ₹32.5 Lakh (EBITDA margin 73.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.

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

Company details

CIN U65920MH1999PLC118769
Registration Number 118769
Incorporation Date 10 March 1999
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

Mithani Finance has one previous CIN (Corporate Identification Number): U65920MH1999PTC118769. The current CIN is U65920MH1999PLC118769, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65920MH1999PLC118769Current
U65920MH1999PTC118769Previous

Contact details

Mithani Finance Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    201 Trmurty Arcade L B D Margghatkopar West, Mumbai, Maharashtra, India – 400086
  • Industry
    Financial Services, Advisory, Financial Brokerage, Consultancy

To see the full contact details of Mithani Finance Limited, buy the company report.

Comprehensive company report
Mithani Finance 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Mithani Finance is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Mithani Finance Limited, buy the company report.

Financials of Mithani Finance Limited

FY 2025 filings available

Mithani Finance Limited reported revenue of ₹43.98 Lakh (up 17% YoY) for FY 2025.

Revenue · FY 2025
₹43.98 Lakh ▲ 17%
Net profit · FY 2025
₹25.96 Lakh margin 59%
EBITDA · FY 2025
₹32.5 Lakh margin 73.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 14%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 34%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 17% growth in the latest year. EBITDA rose 32% 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₹32.5 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.96 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 Margin73.9%
Net Profit Margin59%
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 Mithani Finance Limited, buy the company report.

Board of directors of Mithani Finance Limited

Mithani Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pooja Upendra MithaniAdditional Director06 Mar 20242 Years 8 MonthsCurrent
Smita Upendra MithaniWhole-Time Director10 Mar 200719 Years 7 MonthsCurrent
Upendra Vasantrai MithaniWhole-Time Director10 Mar 199927 Years 7 MonthsCurrent

Auditor

Mithani Finance Limited is audited by ATIN S MEHTA AND COMPANY for the financial year 2017.

Auditor firmFinancial yearFirm registration number
ATIN S MEHTA AND COMPANYFY 2017100747W

Shareholding

The shareholding of Mithani Finance Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Mithani Finance Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mithani Finance 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 Mithani Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Mithani Finance Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Pooja Upendra Mithani was appointed as Additional Director on 06 Mar 2024.

AGM
Mithani Finance Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mithani Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Pooja Upendra Mithani was appointed as Additional Director.
Ceased
Vijay Vasantrai Mithani ceased to be Whole-Time Director.
Ceased
Hina Vijay Mithani ceased to be Whole-Time Director.
Ceased
Muktaben Vasantrai Mithani ceased to be Director.
Appointed
Smita Upendra Mithani was appointed as Whole-Time Director.
Appointed
Upendra Vasantrai Mithani was appointed as Whole-Time Director.
Incorporation
10 Mar 1999
Mithani Finance Limited was registered on 10 Mar 1999 with Roc Mumbai & aged 27 years 7 months as per MCA records.

Frequently asked questions

Mithani Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 10 March 1999 (27+ years old) and is registered under CIN U65920MH1999PLC118769.

Mithani Finance has 3 current directors:

The latest financial statements of Mithani Finance 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 CIN (Corporate Identification Number) of Mithani Finance is U65920MH1999PLC118769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mithani Finance was incorporated on 10 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

Pooja Upendra Mithani was appointed as Additional Director on 06 Mar 2024. Vijay Vasantrai Mithani ceased to be Whole-Time Director on 06 Mar 2024. Hina Vijay Mithani ceased to be Whole-Time Director on 15 Mar 2019. Mithani Finance has 6 board changes on record in total.

The registered office of Mithani Finance is at 201 Trmurty Arcade L B D Margghatkopar West, Mumbai, Maharashtra, India – 400086.

Mithani Finance operates in the financial services industry, in the advisory segment.

The compliance status of Mithani Finance is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.

Mithani Finance can be reached at its registered office: 201 Trmurty Arcade L B D Margghatkopar West, Mumbai, Maharashtra, India – 400086.