Panaji Finance Limited
About Panaji Finance Limited
Data last updated:
Panaji Finance Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 11 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U99999MP1995PLC022647. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Panaji Finance Private Limited. It is led by directors including Pardeep Kumar (Managing Director) and Sunanda Sharma.
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 Shop No.10 Iiird Floor Metro Plaza Arera Colony, Bhopal, Madhya Pradesh, India – 462003.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.44 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹33,648 (net margin 1.5%) and EBITDA of ₹62,465 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Panaji Finance has one previous CIN (Corporate Identification Number): U99999PB1995PLC017150. The current CIN is U99999MP1995PLC022647, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MP1995PLC022647 | Current |
| U99999PB1995PLC017150 | Previous |
Contact details
Panaji Finance Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.10 Iiird Floor Metro Plaza Arera Colony, Bhopal, Madhya Pradesh, India – 462003
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Panaji 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 Panaji Finance 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 Panaji Finance Limited, buy the company report.
Financials of Panaji Finance Limited
FY 2025 filings availablePanaji Finance Limited reported revenue of ₹22.44 Lakh (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 55% 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 | ₹62,465 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,648 | ||||
| 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 | 2.8% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Panaji Finance Limited, buy the company report.
Board of directors of Panaji Finance Limited
Panaji Finance has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda Sharma | Director | 27 Aug 2009 | 17 Years 2 Months | Current |
| Sangeeta Sharma | Director | 27 Aug 2009 | 17 Years 2 Months | Current |
| Pardeep Kumar | Managing Director | 30 Jan 2009 | 17 Years 9 Months | Current |
| Imtiaz Abdul Shaikh | Director | 01 Aug 2025 | 1 Years 3 Months | Current |
| Shehnaaz Imtiaz Shaikh | Director | 01 Aug 2025 | 1 Years 3 Months | Current |
Auditor
Panaji Finance Limited is audited by BHAWSAR & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAWSAR & COMPANY | FY 2023 | 0004502C |
Shareholding
The shareholding of Panaji Finance Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panaji Finance Limited, buy the company report.
Legal cases
Panaji Finance Limited has 4 court cases on record: 4 filed by Panaji Finance. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (RCS B) | Filed by the company against individuals | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against an individual | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against an individual | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against an individual | Disposed |
To see the full case history of Panaji Finance 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 Panaji Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panaji Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Panaji Finance Limited, buy the company report.
Recent activity
Panaji Finance Limited has 11 board changes on record since 2009: 5 appointments and 6 cessations. The latest: Imtiaz Abdul Shaikh was appointed as Director on 01 Aug 2025.
2 earlier events are in the company report.
Frequently asked questions
Panaji Finance is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 11 October 1995 (31+ years old) and is registered under CIN U99999MP1995PLC022647.
Panaji Finance has 5 current directors:
- Pardeep Kumar - Managing Director
- Sunanda Sharma - Director
- Sangeeta Sharma - Director
- Imtiaz Abdul Shaikh - Director
- Shehnaaz Imtiaz Shaikh - Director
The latest financial statements of Panaji 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.
No. Panaji Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Panaji Finance is U99999MP1995PLC022647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panaji Finance has 4 court cases on record: 4 filed by the company. 1 is pending.
Panaji Finance was incorporated on 11 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
Imtiaz Abdul Shaikh was appointed as Director on 01 Aug 2025. Shehnaaz Imtiaz Shaikh was appointed as Director on 01 Aug 2025. Pardeep Kumar ceased to be Director on 01 Dec 2009. Panaji Finance has 11 board changes on record in total.
The registered office of Panaji Finance is at Shop No.10 Iiird Floor Metro Plaza Arera Colony, Bhopal, Madhya Pradesh, India – 462003.
Panaji Finance operates in the financial services industry, in the investment and credit nbfc segment.
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.
