Swift Finlease (India) Limited
About Swift Finlease (India) Limited
Data last updated:
Swift Finlease (India) Limited is a public limited company based in Thane, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 22 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65921MH1993PLC070494.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.34 Cr. It is led by directors including Umakant Dimond Patil and Madhukar Janoo Rewale.
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 B – 8 Dharma Smruti Chawl Jivdani Road Virar (E), Thane, Maharashtra, India – 401303.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.21 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.02 Lakh (net margin 20.9%) and EBITDA of ₹4.1 Lakh (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 59% over five years.
As per MCA filings, the company has satisfied charges of ₹7.6 Cr on record. Court records list 65 cases involving the company, including 58 filed by the company and 8 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Swift Finlease (India) has one previous CIN (Corporate Identification Number): U65921MH1993PTC070494. The current CIN is U65921MH1993PLC070494, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921MH1993PLC070494 | Current |
| U65921MH1993PTC070494 | Previous |
Contact details
Swift Finlease (India) Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 8 Dharma Smruti Chawl Jivdani Road Virar (E), Thane, Maharashtra, India – 401303
- IndustryFinancial Services, Nbfc, Bfsi, Financial Activities
To see the full contact details of Swift Finlease (India) 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
Financials of Swift Finlease (India) Limited
FY 2025 filings availableSwift Finlease (India) Limited reported revenue of ₹19.21 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA rose 147% 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 | ₹4.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.02 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 | 21.3% | ||||
| Net Profit Margin | 20.9% | ||||
| 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 Swift Finlease (India) Limited, buy the company report.
Board of directors of Swift Finlease (India) Limited
Swift Finlease (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umakant Dimond Patil | Director | 20 Oct 2004 | 22 Years 0 Months | Current |
| Madhukar Janoo Rewale | Director | 20 Oct 2004 | 22 Years 0 Months | Current |
| Vineet Kumar Sharma Also directs: Vinva Industries LLP | Director | 20 Nov 2002 | 23 Years 11 Months | Current |
Peer comparison
Swift Finlease (India) Limited is compared with the 8 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 (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chand Capital Services Ltd | ₹19.35 Lakh (FY 2025) | -7.0% | Delhi, India | |||
| RKC Stock Broking Services Limited | ₹19.3 Lakh (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Gearman Engineering Company Pvt Ltd. | ₹19.26 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| G D Capitals Private Limited | ₹19.21 Lakh (FY 2018) | 139.0% | Delhi, India | |||
| Swift Finlease (India) Limitedthis company | ₹19.21 Lakh (FY 2025) | ₹4.02 Lakh | 20.9% | -8.0% | Thane, Maharashtra, India | |
| Mig Portfolio Leasing Private Limited | ₹19.2 Lakh (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Jainvest and Lease Finance Private Limited | ₹19.19 Lakh (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Bharat Finlease Limited | ₹19.16 Lakh (FY 2025) | 46.0% | Ahmedabad, Gujarat, India | |||
| Mitushi Traders and Financiers Private Limited | ₹19.04 Lakh (FY 2025) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Swift Finlease (India) Limited, buy the company report.
Auditor
Swift Finlease (India) Limited is audited by SGCO & Co. LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGCO & Co. LLP | FY 2017 | 112081W |
Shareholding
The shareholding of Swift Finlease (India) 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 Swift Finlease (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 1996 | 90163327 | The Dhanal Akshmi Bank Ltd; | ₹1.5 Cr | Satisfied | |
| 29 Sep 1995 | 90166402 | Thedhanalakashmi Bank Ltd | ₹1 Cr | Satisfied | |
| 08 Apr 1995 | 90163146 | Bank of Baroda | ₹1.2 Cr | Satisfied | |
| 09 Jan 1995 | 90163064 | Bank Ofindia | ₹3.5 Cr | Satisfied | |
| 09 Dec 1994 | 90163045 | Bank Ofinda | ₹20 Lakh | Satisfied |
To see the full charge records of Swift Finlease (India) Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Swift Finlease (India) Limited has 65 court cases on record: 58 filed by Swift Finlease (India), 8 filed against it. 3 cases are pending and 62 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 7 | 2 |
| District courts | 24 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OLR) | Filed against the company by O.L of M/S. Krishna Plastochem Ltd. (in Liqn.) and 3 others | Pending |
| High Court, UTTARPRADESH | Court case (A227) | Filed by the company against Anand Agrochem India Pvt. Ltd. and Another | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against Official Liquidator of Krishna Plastochem Ltd. and 7 others | Disposed |
| Bombay High Court | Court case (CRR) | Filed against the company by Swift Finlease (India) Ltd | Disposed |
| Bombay High Court | Court case (CRR) | Filed by the company against Swift Finlease (India) Ltd | Disposed |
To see the full case history of Swift Finlease (India) 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 Swift Finlease (India) 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 Swift Finlease (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swift Finlease (India) Limited has 3 board changes on record since 2002: 3 appointments. The latest: Madhukar Janoo Rewale was appointed as Director on 20 Oct 2004.
9 earlier events are in the company report.
Frequently asked questions
Swift Finlease (India) is an active public limited company based in Thane, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 22 January 1993 (33+ years old) and is registered under CIN U65921MH1993PLC070494.
Swift Finlease (India) has 3 current directors:
- Umakant Dimond Patil - Director
- Madhukar Janoo Rewale - Director
- Vineet Kumar Sharma - Director
The latest financial statements of Swift Finlease (India) 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 Swift Finlease (India) is U65921MH1993PLC070494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swift Finlease (India) has 65 court cases on record: 58 filed by the company and 8 filed against it. 3 are pending. Most are in the high courts.
Swift Finlease (India) was incorporated on 22 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swift Finlease (India) by revenue are Chand Capital Services Ltd, RKC Stock Broking Services Limited, Gearman Engineering Company Pvt Ltd, G D Capitals Private Limited, Mig Portfolio Leasing Private Limited and 3 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Madhukar Janoo Rewale was appointed as Director on 20 Oct 2004. Umakant Dimond Patil was appointed as Director on 20 Oct 2004. Vineet Kumar Sharma was appointed as Director on 20 Nov 2002.
The registered office of Swift Finlease (India) is at B – 8 Dharma Smruti Chawl Jivdani Road Virar E, Thane, Maharashtra, India – 401303.
Swift Finlease (India) operates in the financial services industry, in the nbfc segment.
Swift Finlease (India) has no open charges and satisfied charges of ₹7.6 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
