About Phillip Services India Private Limited
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Phillip Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 26 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2014PTC260428. Its GSTIN is 27AAHCP9635N1ZM (Maharashtra).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Manoj Bhalchandra Gharat and Vaishali Amol Pawar.
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 No.1 18th Floor Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.9 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹10.04 Cr (net margin 20.1%) and EBITDA of ₹27.99 Cr (EBITDA margin 56.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 199% over five years.
As per MCA filings, the company has open charges of ₹225 Cr and satisfied charges of ₹150 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phillipcapital.in.
Company details
Contact details
Phillip Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is phillipcapital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1 18th Floor Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryInternet, Online Financial Services
To see the full contact details of Phillip Services India 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 Phillip Services India 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 Phillip Services India Private Limited, buy the company report.
Financials of Phillip Services India Private Limited
FY 2025 filings availablePhillip Services India Private Limited reported revenue of ₹49.9 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 199%. EBITDA fell 41% 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 |
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| EBITDA | ₹27.99 Cr | ||||
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| Net Profit (PAT) | ₹10.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 56.1% | ||||
| Net Profit Margin | 20.1% | ||||
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To see the full financial statements and ratios of Phillip Services India Private Limited, buy the company report.
Board of directors of Phillip Services India Private Limited
Phillip Services India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Bhalchandra Gharat | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Vaishali Amol Pawar | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Peer comparison
Phillip Services India Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Cams Investor Services Private Limited | ₹50.47 Cr (FY 2025) | 31.0% | Chennai, Tamil Nadu, India | |||
| Swabhimaan Finance Private Limited | ₹50.15 Cr (FY 2025) | -7.0% | Lucknow, Uttar Pradesh, India | |||
| Phillip Services India Private Limitedthis company | ₹49.9 Cr (FY 2025) | ₹10.04 Cr | 20.1% | -26.0% | Mumbai, Maharashtra, India | |
| Jupiter Precious Gems and Jewellery Private Limited | ₹49.55 Cr (FY 2024) | 30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Phillip Services India Private Limited, buy the company report.
Auditor
Phillip Services India Private Limited is audited by S A R A & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R A & ASSOCIATES | FY 2022 | 120927W |
Shareholding
The shareholding of Phillip Services India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Phillip Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101100802 | Others | ₹50 Cr | Open | |
| 28 Jun 2024 | 100940548 | Others | ₹25 Cr | Open | |
| 14 Feb 2024 | 100875070 | Others | ₹50 Cr | Open | |
| 09 Jun 2023 | 100734908 | Others | ₹100 Cr | Open | |
| 26 Aug 2024 | 100971861 | Others | ₹150 Cr | Satisfied |
To see the full charge records of Phillip Services India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Phillip Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phillip Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Phillip Services India has 6 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Phillip Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP9635N1ZM | Maharashtra | Active | 12 Sep 2019 |
To see the full GST registrations and return filing status of Phillip Services India Private Limited, buy the company report.
Recent activity
Phillip Services India Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Rajendra Manohar Bhambhani ceased to be Director on 17 Oct 2022.
5 earlier events are in the company report.
News
Frequently asked questions
Phillip Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 26 December 2014 (12+ years old) and is registered under CIN U67190MH2014PTC260428.
Phillip Services India has 2 current directors:
- Manoj Bhalchandra Gharat - Director
- Vaishali Amol Pawar - Director
The latest financial statements of Phillip Services 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 GSTIN of Phillip Services India is 27AAHCP9635N1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Phillip Services India is U67190MH2014PTC260428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phillip Services India was incorporated on 26 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Phillip Services India by revenue are Cams Investor Services Private Limited, Swabhimaan Finance Private Limited, Jupiter Precious Gems and Jewellery Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Rajendra Manohar Bhambhani ceased to be Director on 17 Oct 2022. Vineet Bhatnagar ceased to be Director on 17 Oct 2022. Manoj Bhalchandra Gharat was appointed as Director on 30 Sep 2022. Phillip Services India has 6 board changes on record in total.
Phillip Services India can be reached through the website phillipcapital.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Phillip Services India is at No.1 18th Floor Urmi Estate 95 Ganpatrao Kadam Marg Lower Parel W, Mumbai, Maharashtra, India – 400013.
Phillip Services India operates in the internet industry, in the online financial services segment.