About Premier Financial Services Private Limited
Data last updated:
Premier Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH1994PTC355530.
The company has an authorised share capital of ₹1.52 Cr and a paid-up capital of ₹44.74 Lakh. It was formerly known as Premier Financial Services Ltd. It is led by directors including Sarang Arun Lakhanee and Arun Hanumandas Lakhani.
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 116 A 11th Floor Maker Chamber VI 220 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,801.9 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹252.67 Cr (net margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 29% over five years.
Its group structure includes 8 subsidiaries.
The company is associated with 1 brand: Premier. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹262 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premier.mu.
Company details
CIN history
Premier Financial Services has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65999MH1994PTC355530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999MH1994PTC355530 | Current |
| U99999WB1994PLC065632 | Previous |
| U65999MH1994PLC355530 | Previous |
| U65999WB1994PLC065632 | Previous |
Contact details
Premier Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is premier.mu. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address116 A 11th Floor Maker Chamber VI 220 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, NBFC
To see the full contact details of Premier Financial Services 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
Premier Financial Services operates one associated brand: Premier. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of financial services | premier.mu |
Business activity
The main business activity of Premier Financial Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Premier Financial Services Private Limited, buy the company report.
Financials of Premier Financial Services Private Limited
FY 2025 filings availablePremier Financial Services Private Limited reported revenue of ₹1,801.9 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 37% growth 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 | ₹1,801.9 Cr | ||||
| 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) | ₹252.67 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 14% | ||||
| 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 Premier Financial Services Private Limited, buy the company report.
Board of directors of Premier Financial Services Private Limited
Premier Financial Services has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarang Arun Lakhanee Also directs: Ratnakar Suppliers Private Limited, Giffin Cadresports India Forum, Novarion Energy Private Limited and 5 more | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
| Arun Hanumandas Lakhani | Director | 14 Dec 2019 | 6 Years 10 Months | Current |
| Sidhaartha Arun Lakhanee Also directs: Altair Trades LLP, Pune Waste Water Management Private Limited, Vishvaraj Infrastructure Private Limited and 5 more | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Premier Financial Services Private Limited is audited by ARSK & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARSK & Associates | FY 2025 | 315082E |
Shareholding
The shareholding of Premier Financial Services Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Premier Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2021 | 100457194 | Axis Bank Limited | ₹1 Cr | Open | |
| 08 Apr 2021 | 100444582 | Axis Bank Limited | ₹51 Cr | Satisfied | |
| 08 Apr 2021 | 100444583 | Axis Bank Limited | ₹51 Cr | Satisfied | |
| 25 Mar 2021 | 100466540 | Others | ₹60 Cr | Satisfied | |
| 15 Jan 2019 | 100233635 | Idbi Trusteeship Services Limited | ₹100 Cr | Satisfied |
To see the full charge records of Premier Financial Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Premier Financial Services Private Limited has 12 court cases on record: 12 filed by Premier Financial Services. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against an individual | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against an individual | Disposed |
To see the full case history of Premier Financial Services 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Premier Financial Services has 8 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vedic Wastewater Management Private Limited | U41000MH2009PTC197776 | |
| Chandrapur Waste Water Management Private Limited | U41000MH2021PTC355371 | |
| Maheshtala Waste Water Management Private Limited | U41000MH2021PTC355839 | |
| Agra Waste Water Management Private Limited | U41000MH2022PTC386610 | |
| Vishvaraj Waste Water Management Private Limited | U74990MH2011PTC212617 | |
| Vishvaraj Environment Private Limited | U74999MH2008PTC186950 |
To see the full group structure of Premier Financial Services Private Limited, buy the company report.
GST
No GST registration is on our record for Premier Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Premier Financial Services Private Limited has 13 board changes on record since 1998: 8 appointments and 5 cessations. The latest: Vandana Arun Lakhani ceased to be Director on 17 Dec 2025.
13 earlier events are in the company report.
Frequently asked questions
Premier Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 25 October 1994 (32+ years old) and is registered under CIN U65999MH1994PTC355530.
Premier Financial Services has 3 current directors:
- Sarang Arun Lakhanee - Director
- Arun Hanumandas Lakhani - Director
- Sidhaartha Arun Lakhanee - Director
The latest financial statements of Premier Financial Services 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 Premier Financial Services is U65999MH1994PTC355530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Financial Services has 12 court cases on record: 12 filed by the company. 1 is pending. Most are in the district courts.
Premier Financial Services was incorporated on 25 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Vandana Arun Lakhani ceased to be Director on 17 Dec 2025. Krishna Murari Prasad Singh ceased to be Director on 23 Dec 2019. Arun Hanumandas Lakhani was appointed as Director on 14 Dec 2019. Premier Financial Services has 13 board changes on record in total.
Premier Financial Services can be reached through the website premier.mu. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Premier Financial Services is at 116 A 11th Floor Maker Chamber VI 220 Nariman Point, Mumbai, Maharashtra, India – 400021.
Premier Financial Services operates in the financial services industry, in the 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.
