
Mithani Finance Limited
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 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.
| CIN | Status |
|---|---|
| U65920MH1999PLC118769 | Current |
| U65920MH1999PTC118769 | Previous |
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 Address201 Trmurty Arcade L B D Margghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Mithani Finance 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial 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 availableMithani Finance Limited reported revenue of ₹43.98 Lakh (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.9% | ||||
| Net Profit Margin | 59% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Upendra Mithani | Additional Director | 06 Mar 2024 | 2 Years 8 Months | Current |
| Smita Upendra Mithani | Whole-Time Director | 10 Mar 2007 | 19 Years 7 Months | Current |
| Upendra Vasantrai Mithani Also directs: Ankit Raj Organo Chemicals Limited, Mithani Enterprises Private Limited, Thoroughbred Realty LLP and 5 more | Whole-Time Director | 10 Mar 1999 | 27 Years 7 Months | Current |
Auditor
Mithani Finance Limited is audited by ATIN S MEHTA AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATIN S MEHTA AND COMPANY | FY 2017 | 100747W |
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 category | FY 2017 | FY 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.
Legal cases
No court or tribunal cases involving Mithani Finance 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 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.
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:
- Smita Upendra Mithani - Whole-Time Director
- Upendra Vasantrai Mithani - Whole-Time Director
- Pooja Upendra Mithani - Additional Director
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.

