About Prithvi Finlease India Limited
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Prithvi Finlease India Limited is a public 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 29 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1997PLC108351.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.47 Cr. It is led by directors including Dhaval Kirti Kothari and Nimesh Jaykumar Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.56 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 31.8%) and EBITDA of ₹2.6 Cr (EBITDA margin 73%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹60.86 Lakh 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 prithvifinlease.com.
Company details
CIN history
Prithvi Finlease India has one previous CIN (Corporate Identification Number): U65910MH1997PTC108351. The current CIN is U65910MH1997PLC108351, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910MH1997PLC108351 | Current |
| U65910MH1997PTC108351 | Previous |
Contact details
Prithvi Finlease India Limited's registered office is in Mumbai, Maharashtra. Its website is prithvifinlease.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No. A 1502 15th Floor O2 Commercial Premises, Opp. Asha Nagar Block Sector Mulund – West, Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Prithvi Finlease India 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 Prithvi Finlease India is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Prithvi Finlease India Limited, buy the company report.
Financials of Prithvi Finlease India Limited
FY 2025 filings availablePrithvi Finlease India Limited reported revenue of ₹3.56 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 36% 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 | ₹2.6 Cr | ||||
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| Net Profit (PAT) | ₹1.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73% | ||||
| Net Profit Margin | 31.8% | ||||
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To see the full financial statements and ratios of Prithvi Finlease India Limited, buy the company report.
Board of directors of Prithvi Finlease India Limited
Prithvi Finlease India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Kirti Kothari Also directs: Bhakti Buildcon LLP, Prithvi Publications LLP, Ancient Wisdom Foods and Hospitality LLP and 5 more | Director | 30 Nov 2022 | 3 Years 11 Months | Current |
| Nimesh Jaykumar Shah | Director | 05 Sep 2022 | 4 Years 2 Months | Current |
| Mahendra Ramji Kothari | Director | 09 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Prithvi Finlease India Limited is audited by KOCHAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOCHAR & ASSOCIATES | FY 2017 | 105256W |
Shareholding
The shareholding of Prithvi Finlease India Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prithvi Finlease India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2020 | 100406401 | Hdfc Bank Limited | ₹60.86 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prithvi Finlease India 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 Prithvi Finlease India 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 Prithvi Finlease India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prithvi Finlease India Limited has 11 board changes on record since 2010: 3 appointments and 8 cessations. The latest: Dhaval Kirti Kothari ceased to be Additional Director on 10 Sep 2023.
3 earlier events are in the company report.
Frequently asked questions
Prithvi Finlease India is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 29 May 1997 (29+ years old) and is registered under CIN U65910MH1997PLC108351.
Prithvi Finlease India has 3 current directors:
- Dhaval Kirti Kothari - Director
- Nimesh Jaykumar Shah - Director
- Mahendra Ramji Kothari - Director
The latest financial statements of Prithvi Finlease 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 CIN (Corporate Identification Number) of Prithvi Finlease India is U65910MH1997PLC108351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prithvi Finlease India was incorporated on 29 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhaval Kirti Kothari ceased to be Additional Director on 10 Sep 2023. Rasila Kirti Kothari ceased to be Director on 09 Dec 2022. Dhaval Kirti Kothari was appointed as Director on 30 Nov 2022. Prithvi Finlease India has 11 board changes on record in total.
Prithvi Finlease India can be reached through the website prithvifinlease.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prithvi Finlease India is at Office No. A 1502 15th Floor O2 Commercial Premises, Opp. Asha Nagar Block Sector Mulund – West, Mumbai, Maharashtra, India – 400080.
Prithvi Finlease India operates in the financial services industry, in the nbfc segment.
Prithvi Finlease India has open charges of ₹60.86 Lakh and no satisfied charges on record as per latest MCA filings.
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