Networth Financial Services Limited

Networth Financial Services Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65990MH2004PLC147970 Incorporated 12 August 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting
Company status
Active
MCA master data
Registrar
Mumbai
ROC office

About Networth Financial Services Limited

Data last updated:

Networth Financial Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 August 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2004PLC147970.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Shailen Ramesh Shah and Jayshree Babulal Ghodadra.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

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

Company details

CIN U65990MH2004PLC147970
Registration Number 147970
Incorporation Date 12 August 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Networth Financial Services has one previous CIN (Corporate Identification Number): U65990MH2004PTC147970. The current CIN is U65990MH2004PLC147970, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65990MH2004PLC147970Current
U65990MH2004PTC147970Previous

Contact details

Networth Financial Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Office No.901/902 9th Floor Atlanta Centre Opp.Udyog Bhavan Sonawala Road Goregao, N (East), Mumbai, Maharashtra, India – 400063
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Networth Financial Services Limited, buy the company report.

Comprehensive company report
Networth Financial Services 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
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Financials of Networth Financial Services Limited

FY 2024 filings available

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Networth Financial Services Limited, buy the company report.

Board of directors of Networth Financial Services Limited

Networth Financial Services has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shailen Ramesh ShahDirector13 Aug 201511 Years 2 MonthsCurrent
Jayshree Babulal GhodadraDirector27 Jun 201412 Years 4 MonthsCurrent
Ashok Daulatraj BafnaDirector27 Jul 20206 Years 3 MonthsCurrent

Auditor

Networth Financial Services Limited is audited by J. Vageriya & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J. Vageriya & AssociatesFY 2023124193W

Shareholding

The shareholding of Networth Financial Services 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Networth Financial Services Limited, buy the company report.

MSME payment delays

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

Recent activity

Networth Financial Services Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Ashok Daulatraj Bafna ceased to be Additional Director on 24 Sep 2021.

AGM
Networth Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Networth Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Ashok Daulatraj Bafna ceased to be Additional Director.
Appointed
Ashok Daulatraj Bafna was appointed as Director.
Ceased
Randhir Singh Sisodiya ceased to be Director.
Ceased
Shailen Ramesh Shah ceased to be Additional Director.
Ceased
Sureshkumar Pukhraj Jain ceased to be Director.
Appointed
Shailen Ramesh Shah was appointed as Director.
Ceased
Jayshree Babulal Ghodadra ceased to be Additional Director.
Appointed
Jayshree Babulal Ghodadra was appointed as Director.
Ceased
Manish Ajmera ceased to be Director.
Ceased
Jacob Varkey ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Networth Financial Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 August 2004 (22+ years old) and is registered under CIN U65990MH2004PLC147970.

Networth Financial Services has 3 current directors:

The latest financial statements of Networth Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Networth Financial Services is U65990MH2004PLC147970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Networth Financial Services was incorporated on 12 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashok Daulatraj Bafna ceased to be Additional Director on 24 Sep 2021. Ashok Daulatraj Bafna was appointed as Director on 27 Jul 2020. Randhir Singh Sisodiya ceased to be Director on 27 Jul 2020. Networth Financial Services has 15 board changes on record in total.

The registered office of Networth Financial Services is at Office No.901902 9th Floor Atlanta Centre Opp.Udyog Bhavan Sonawala Road Goregao, N East, Mumbai, Maharashtra, India – 400063.

Networth Financial Services operates in the financial services industry, in the diversified financial services segment.

The compliance status of Networth Financial Services is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.

Networth Financial Services can be reached at its registered office: Office No.901902 9th Floor Atlanta Centre Opp.Udyog Bhavan Sonawala Road Goregao, N East, Mumbai, Maharashtra, India – 400063.