Modline Finlease Co Private Limited
About Modline Finlease Co Private Limited
Data last updated:
Modline Finlease Co Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 24 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65921DL1996PTC084041. Its GSTIN is 06AABCM2187L2Z9 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Sahil and Surender Kumar.
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 1118/11 First Floor Nai Wala Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2023, the company reported a revenue of ₹47.48 Lakh, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹4.26 Lakh (net margin 9%) and EBITDA of ₹16.93 Lakh (EBITDA margin 35.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Modline Finlease Co Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1118/11 First Floor Nai Wala Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Modline Finlease Co 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
Business activity
The main business activity of Modline Finlease Co is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Modline Finlease Co Private Limited, buy the company report.
Financials of Modline Finlease Co Private Limited
FY 2025 filings availableModline Finlease Co Private Limited reported revenue of ₹47.48 Lakh (up 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 93% growth in the latest year. EBITDA rose 174% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹47.48 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.7% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Modline Finlease Co Private Limited, buy the company report.
Board of directors of Modline Finlease Co Private Limited
Modline Finlease Co has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil | Director | 24 May 2022 | 4 Years 5 Months | Current |
| Surender Kumar Also directs: Himalaya Agroils India Private Limited | Director | 24 Dec 1996 | 29 Years 10 Months | Current |
| Kamlesh Rani | Director | 01 Jun 2002 | 24 Years 5 Months | Current |
| Varun Pasrija Also directs: Modline Associates Private Limited | Director | 02 Feb 2009 | 17 Years 9 Months | Current |
Peer comparison
Modline Finlease Co Private Limited is compared with the 3 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 (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Olin International Limited | ₹47.61 Lakh (FY 2025) | -51.0% | New Delhi, Delhi, India | |||
| Modline Finlease Co Private Limitedthis company | ₹47.48 Lakh (FY 2023) | ₹4.26 Lakh | 9% | 93.0% | New Delhi, Delhi, India | |
| Matrix Finbiz Private Limited | ₹47.47 Lakh (FY 2024) | 0.0% | Perumbavoor, Kerala, India | |||
| Caranation Trading Private Limited | ₹47.45 Lakh (FY 2024) | 91.0% | Delhi, India |
To see the full peer comparison of Modline Finlease Co Private Limited, buy the company report.
Auditor
Modline Finlease Co Private Limited is audited by DHARMVEER SACHDEVA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMVEER SACHDEVA & CO | FY 2023 | 012409N |
Shareholding
The shareholding of Modline Finlease Co Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modline Finlease Co Private Limited, buy the company report.
Legal cases
Modline Finlease Co Private Limited has 20 court cases on record: 19 filed by Modline Finlease Co, 1 filed against it. 7 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 7 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kurukshetra, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Kurukshetra, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Kurukshetra, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Kurukshetra, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Kurukshetra, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Modline Finlease Co Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modline Finlease Co Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modline Finlease Co has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCM2187L2Z9 | Haryana | Active | 17 Oct 2018 |
To see the full GST registrations and return filing status of Modline Finlease Co Private Limited, buy the company report.
Recent activity
Modline Finlease Co Private Limited has 9 board changes on record since 1996: 4 appointments and 5 cessations. The latest: Sahil ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Modline Finlease Co is an active private limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 24 December 1996 (30+ years old) and is registered under CIN U65921DL1996PTC084041.
Modline Finlease Co has 4 current directors:
- Sahil - Director
- Surender Kumar - Director
- Kamlesh Rani - Director
- Varun Pasrija - Director
The latest financial statements of Modline Finlease Co 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 Modline Finlease Co is 06AABCM2187L2Z9, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modline Finlease Co is U65921DL1996PTC084041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modline Finlease Co has 20 court cases on record: 19 filed by the company and 1 filed against it. 7 are pending.
Modline Finlease Co was incorporated on 24 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Modline Finlease Co by revenue are Olin International Limited, Matrix Finbiz Private Limited, Caranation Trading Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (financial and credit leasing activities).
Sahil ceased to be Additional Director on 29 Sep 2024. Sahil was appointed as Director on 24 May 2022. Varun Pasrija ceased to be Additional Director on 27 Jun 2009. Modline Finlease Co has 9 board changes on record in total.
The registered office of Modline Finlease Co is at 111811 First Floor Nai Wala Karol Bagh, New Delhi, Delhi, India – 110005.
Modline Finlease Co operates in the financial services industry, in the nbfc segment.
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