About PHL Fininvest Private Limited
Data last updated:
PHL Fininvest Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Piramal Enterprises Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 June 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PTC078840. Its GSTIN is 27AAACN5024A1Z3 (Maharashtra). The company held 5 GST registrations, all of them active.
The company had an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹628.68 Cr. It was formerly known as Npil Fininvst Private Limited and Npil Fininvst Limited. It was led by directors including Khushru Burjor Jijina (Managing Director) and Swati Ajay Piramal.
Its last annual general meeting (AGM) was held on 22 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 4th Floor Piramal Tower Peninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2021, the company reported a revenue of ₹2,007.92 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹491.14 Cr (net margin 24.5%) and EBITDA of ₹1,729.9 Cr (EBITDA margin 86.2%). Revenue has grown at a compounded annual rate (CAGR) of 772% over three years.
The company had about 32 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: PHL Fininvest. As per MCA filings, the company had satisfied charges of ₹18,501 Cr on record. Court records list 26 cases involving the company, including 7 filed by the company and 19 filed against it; 2 cases are pending. The company has 12 deals on record (5 secondary share transfers, 4 funding rounds, 3 acquisitions), with disclosed funding of ₹3,160.45 Cr; the latest was in March 2020. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 5 micro and small suppliers.
The last known website on record is phlfininvest.in.
Company details
Name history
PHL Fininvest has undergone 2 name changes throughout its history. The company was previously known as Npil Fininvst Private Limited, and Npil Fininvst Limited. The current legal name is Phl Fininvest Private Limited.
| Company Name | Status |
|---|---|
| PHL Fininvest Private Limited | Current |
| Npil Fininvst Private Limited | Previous |
| Npil Fininvst Limited | Previous |
Contact details
PHL Fininvest Private Limited's registered office is in Mumbai, Maharashtra. Its website is phlfininvest.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Piramal Tower Peninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of PHL Fininvest 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
Brands
PHL Fininvest operates one associated brand: PHL Fininvest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive loan services for healthcare, infrastructure, transport, and other sectors. | phlfininvest.in |
Business activity
The main business activity of PHL Fininvest is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of PHL Fininvest Private Limited, buy the company report.
Financials of PHL Fininvest Private Limited
FY 2021 filings availablePHL Fininvest Private Limited reported revenue of ₹2,007.92 Cr (up 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 772% over three years, including 4% growth in the latest year. EBITDA rose 28% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2,007.92 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,729.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹491.14 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.2% | ||||
| Net Profit Margin | 24.5% | ||||
| 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 PHL Fininvest Private Limited, buy the company report.
Board of directors of PHL Fininvest Private Limited
PHL Fininvest has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Ajay Piramal | Director | 12 Mar 2019 | 7 Years 8 Months | As last reported |
| Khushru Burjor Jijina Also directs: Greendale Advisors LLP, Red Tree Advisory LLP, Silver Pearl Realty Private Limited and 1 more | Managing Director | 12 Mar 2019 | 7 Years 8 Months | As last reported |
| Narayanan Vaghul | Director | 27 Mar 2020 | 6 Years 7 Months | As last reported |
| Gautam Bhailal Doshi Also directs: Bhavna Doshi Associates LLP, Piramal Finance Limited, Sun Pharma Laboratories Limited and 4 more | Director | 27 Mar 2020 | 6 Years 7 Months | As last reported |
Auditor
PHL Fininvest Private Limited is audited by B S R & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2021 | 101248W/W-100022 |
Shareholding
The shareholding of PHL Fininvest Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PHL Fininvest Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2020 | 100363540 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Satisfied | |
| 04 Jul 2020 | 100355719 | Others | ₹76 Cr | Satisfied | |
| 23 Jun 2020 | 100345786 | Others | ₹2,590 Cr | Satisfied | |
| 14 Feb 2020 | 100326187 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied | |
| 25 Jan 2020 | 100323574 | Others | ₹400 Cr | Satisfied |
To see the full charge records of PHL Fininvest Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
PHL Fininvest Private Limited has 12 deals on record (5 secondary share transfers, 4 funding rounds, 3 acquisitions), with disclosed funding of ₹3,160.45 Cr; the latest was in March 2020.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹500 Cr | Investors: Piramal Structured Finance |
| Dec 2019 | Funding round | ₹1,200 Cr | Investors: Piramal Structured Finance |
| Mar 2019 | Funding round | ₹1,460 Cr | Investors: Piramal Structured Finance |
| Aug 2018 | Acquisition | ₹1,500 Cr | Buyer: Piramal Structured Finance |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Piramal Enterprises Limited & V.C Vadodaria, Piramal Enterprises Limited & Ajay G Piramal Seller: Piramal Healthcare Limited & Ajay G Piramal, Piramal Healthcare Limited & V C Vadodaria |
To see the full deal history of PHL Fininvest 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
PHL Fininvest Private Limited has 26 court cases on record: 7 filed by PHL Fininvest, 19 filed against it. 2 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 9 | 0 |
| NCLAT | 9 | 9 | 2 |
| NCLT | 6 | 0 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Filed against the company by Phoenix Arc Private Ltd., | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Eurotherm Hema Radiators India Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Phoenix Arc Private Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by VGN Projects Estates Pvt Ltd and Another and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (C.S(COMM DIV)) | Filed against the company by VGN Projects Estates Pvt Ltd and 1 other | Disposed |
To see the full case history of PHL Fininvest 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.
Credit ratings & regulatory alerts
PHL Fininvest Private Limited was last rated by Care on 08 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Jul 2022 |
To see the full credit ratings and regulatory alerts of PHL Fininvest Private Limited, buy the company report.
MSME payment delays
PHL Fininvest Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 12 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
To see the full MSME payment records of PHL Fininvest Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
PHL Fininvest has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Piramal Finance Sales and Service Private Limited | U67200MH2020PTC345642 |
To see the full group structure of PHL Fininvest Private Limited, buy the company report.
Employees & EPFO
PHL Fininvest Private Limited has a workforce of 32 employees on its EPFO records as of Aug 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 32 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of PHL Fininvest Private Limited, buy the company report.
GST
PHL Fininvest has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN5024A1Z3 | Maharashtra | Active | 28 Sep 2018 |
| 07AAACN5024A1Z5 | Delhi | Active | 04 Oct 2021 |
| 29AAACN5024A1ZZ | Karnataka | Active | 18 Oct 2021 |
| 36AAACN5024A1Z4 | Telangana | Active | 28 Oct 2021 |
To see the full GST registrations and return filing status of PHL Fininvest Private Limited, buy the company report.
Recent activity
PHL Fininvest Private Limited has 18 board changes on record since 2013: 4 appointments and 14 cessations. The latest: Vijay Kantilal Shah ceased to be Director on 14 Mar 2022.
50 earlier events are in the company report.
Frequently asked questions
PHL Fininvest has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
PHL Fininvest was a private limited company based in Mumbai, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 08 June 1994 and is registered under CIN U67120MH1994PTC078840. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
PHL Fininvest was incorporated on 08 June 1994. It is registered with the Registrar of Companies, Mumbai.
PHL Fininvest had 4 directors:
- Khushru Burjor Jijina - Managing Director
- Swati Ajay Piramal - Director
- Narayanan Vaghul - Director
- Gautam Bhailal Doshi - Director
The CIN (Corporate Identification Number) of PHL Fininvest is U67120MH1994PTC078840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of PHL Fininvest is at 4th Floor Piramal Tower Peninsula Corporate Park Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
PHL Fininvest can be reached through the website phlfininvest.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of PHL Fininvest on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 22 October 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of PHL Fininvest is 27AAACN5024A1Z3, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AAACN5024A1Z5 (Delhi), 29AAACN5024A1ZZ (Karnataka), 36AAACN5024A1Z4 (Telangana).
PHL Fininvest operated in the financial services industry, in the nbfc segment.
PHL Fininvest has 12 deals on record (5 secondary share transfers, 4 funding rounds, 3 acquisitions), with disclosed funding of ₹3,160.45 Cr; the latest was in March 2020.
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.
