- #22 Shapoor Pallonji Mistry & family ₹1,01,500 Cr

Cyrus Investments Private Limited
About Cyrus Investments Private Limited
Data last updated:
Cyrus Investments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 March 1923 and has been in existence for over 103 years.
Its director Shapoor Pallonji Mistry and family are #22 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65920MH1923PTC001053. Its GSTIN is 27AAACC2880P1Z9 (Maharashtra).
The company has an authorised share capital of ₹302 Cr and a paid-up capital of ₹287.53 Cr. It was formerly known as F.E.Dinshaw Limited and Cyrus Investments Limited. It is led by directors including Roshen Minocher Nentin and Firoze Kavshah Bhathena.
Its last annual general meeting (AGM) was held on 07 May 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Esplandade Househajarimal Somani Marg Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2023, the company reported a revenue of ₹46.39 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹23.87 Cr (net margin 51.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 1% over five years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹28,600 Cr and satisfied charges of ₹5,407.78 Cr on record. Court records list 223 cases involving the company, including 86 filed by the company and 140 filed against it; 50 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in January 2018. Its 5 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Umang Commercial Co Private Limited with revenue of ₹47.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Cyrus Investments has undergone 4 name changes throughout its history. The current legal name is Cyrus Investments Private Limited.
| Company Name | Status |
|---|---|
| Cyrus Investments Private Limited | Current |
| F.E.Dinshaw Limited | Previous |
| Cyrus Investments Limited | Previous |
| F.E.Dinshaw Private Limited | Previous |
| F. E. Dinshaw Limited | Previous |
CIN history
Cyrus Investments has one previous CIN (Corporate Identification Number): U65920MH1923PLC001053. The current CIN is U65920MH1923PTC001053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65920MH1923PTC001053 | Current |
| U65920MH1923PLC001053 | Previous |
Recognitions & Rankings of Cyrus Investments
Contact details
Cyrus Investments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEsplandade Househajarimal Somani Marg Fort, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Cyrus Investments 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 Cyrus Investments 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 Cyrus Investments Private Limited, buy the company report.
Financials of Cyrus Investments Private Limited
FY 2024 filings availableCyrus Investments Private Limited reported revenue of ₹46.39 Cr (down 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 32% fall 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 | |||||
| Other Income | |||||
| Total Revenue | ₹46.39 Cr | ||||
| Cost of Materials Consumed | |||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹23.87 Cr | ||||
| Balance Sheet | |||||
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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 | |||||
| Net Profit Margin | 51.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Cyrus Investments Private Limited, buy the company report.
Board of directors of Cyrus Investments Private Limited
Cyrus Investments has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshen Minocher Nentin | Director | 10 Nov 2008 | 17 Years 11 Months | Current |
| Firoze Kavshah Bhathena Also directs: Cyrus Chemicals Private Limited, Shapoorji Pallonji and Company Private Limited, Staisha Investments Private Limited and 5 more | Director | 23 Feb 2007 | 19 Years 8 Months | Current |
| Shapoorji Pallonji Mistry | Director | 17 Nov 1995 | 30 Years 11 Months | Current |
| Firoz Cyrus Mistry | Director | 10 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Cyrus Investments Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important 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 |
|---|---|---|---|---|---|---|
| Umang Commercial Co Private Limited | ₹47.2 Cr (FY 2022) | 116.0% | Kolkata, West Bengal, India | |||
| M.B. Finmart Private Limited | ₹46.78 Cr (FY 2019) | -46.0% | New Delhi, Delhi, India | |||
| Merit Credit Corporation Limited | ₹46.5 Cr (FY 2019) | 16.0% | Ahmedabad, Gujarat, India | |||
| Cyrus Investments Private Limitedthis company | ₹46.39 Cr (FY 2023) | ₹23.87 Cr | 51.5% | -32.0% | 3 | Mumbai, Maharashtra, India |
| Nixa Fincap Private Limited | ₹45.91 Cr (FY 2023) | -53.0% | Mumbai, Maharashtra, India | |||
| Progressive Star Finance Private Limited | ₹45.8 Cr (FY 2025) | 76.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Cyrus Investments Private Limited, buy the company report.
Auditor
Cyrus Investments Private Limited is audited by KAPADIA MAKWANA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPADIA MAKWANA & ASSOCIATES | FY 2021 | 126509W |
Shareholding
The shareholding of Cyrus Investments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cyrus Investments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2023 | 100736981 | Others | ₹14,300 Cr | Open | |
| 26 Jun 2023 | 100736985 | Others | ₹14,300 Cr | Open | |
| 19 Mar 2020 | 100332753 | Idbi Trusteeship Services Limited | ₹1,117 Cr | Satisfied | |
| 27 Jan 2020 | 100324998 | Others | ₹4,244.78 Cr | Satisfied | |
| 01 Dec 2003 | 90167175 | Utibank Ltd. | ₹- | Satisfied |
To see the full charge records of Cyrus Investments Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Cyrus Investments Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in January 2018.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Rights issue | ₹1.28 Cr | Investors: 2 individuals |
| Dec 2011 | Secondary share transfer | Undisclosed | Seller: Shapoorji Pallonji and Company Private Limited , Shapoorji Pallonji & Company Limited & Shapoor P. Mistry, 2 individuals |
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji and Company Private Limited , Shapoorji Pallonji & Company Limited & Shapoor P. Mistry, 2 individuals Seller: Sterling Investment Corporation Private Limited & Rustom Khurokhan, Sterling Investment Corporation Private Limited & Khushroo Burjor Captain, Sterling Investment Corporation Private Limited & Pallonji S Mistry |
To see the full deal history of Cyrus Investments Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cyrus Investments Private Limited has 223 court cases on record: 86 filed by Cyrus Investments, 140 filed against it. 50 cases are pending and 173 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 174 | 111 | 44 |
| Supreme Court | 25 | 14 | 0 |
| District courts | 18 | 15 | 2 |
| NCLAT | 6 | 0 | 4 |
Cases on record (5 of 223)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (APPL) | Filed against the company by M/S.Trinity Infraventures Limited and 4 others | Pending |
| High Court, TELANGANA | Court case (APPL) | Filed against the company by M/S. Cyrus Investments Ltd. (D-20 and 6 others | Pending |
| High Court, TELANGANA | Court case (APPL) | Filed by the company against Cyrus Investments Pvt. Ltd7 and 951 others | Pending |
| High Court, TELANGANA | Court case (OSA) | Filed against the company by M/S Greater Golkonda Estates Pvt. Ltd and 8 others | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Tata Consultancy Services Limited Thru Signatory Madhav Anchan 9Th Floor, Nirmal Building, Nariman Point, , District: . ,Mumbai , Maharashtra | Disposed |
To see the full case history of Cyrus Investments 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 Cyrus Investments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Cyrus Investments has 1 subsidiary company and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ramili Investments Private Limited | U65993MH1989PTC050354 |
To see the full group structure of Cyrus Investments Private Limited, buy the company report.
Employees & EPFO
Cyrus Investments Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Cyrus Investments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2880P1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cyrus Investments Private Limited, buy the company report.
Recent activity
Cyrus Investments Private Limited has 11 board changes on record since 1995: 4 appointments and 7 cessations. The latest: Firoz Cyrus Mistry ceased to be Additional Director on 14 Nov 2023.
16 earlier events are in the company report.
Frequently asked questions
Cyrus Investments is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 08 March 1923 (103+ years old) and is registered under CIN U65920MH1923PTC001053.
Cyrus Investments has 4 current directors:
- Roshen Minocher Nentin - Director
- Firoze Kavshah Bhathena - Director
- Shapoorji Pallonji Mistry - Director
- Firoz Cyrus Mistry - Director
The latest financial statements of Cyrus Investments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cyrus Investments is 27AAACC2880P1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cyrus Investments is U65920MH1923PTC001053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyrus Investments has 223 court cases on record: 86 filed by the company and 140 filed against it. 50 are pending. Most are in the high courts.
Cyrus Investments was incorporated on 08 March 1923, making it 103+ years old. It is registered with the Registrar of Companies, Mumbai.
Cyrus Investments has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in January 2018.
The peers of Cyrus Investments by revenue are Umang Commercial Co Private Limited, M.B. Finmart Private Limited, Merit Credit Corporation Limited, Nixa Fincap Private Limited, Progressive Star Finance Private Limited, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Firoz Cyrus Mistry ceased to be Additional Director on 14 Nov 2023. Firoz Cyrus Mistry was appointed as Director on 10 May 2023. Cyrus Pallonji Mistry ceased to be Director on 04 Sep 2022. Cyrus Investments has 11 board changes on record in total.
The registered office of Cyrus Investments is at Esplandade Househajarimal Somani Marg Fort, Mumbai, Maharashtra, India – 400023.