Quartet Financial Services Private Limited

Quartet Financial Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U67190MH2004PTC147514 Incorporated 15 July 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2024
₹3.05 Lakh
▼ 2% YoY
Net loss · FY 2024
₹19.09 Lakh
Latest filing
EBITDA · FY 2024
-₹18.68 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.6 Cr
Satisfied ₹2 Cr
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings

About Quartet Financial Services Private Limited

Data last updated:

Quartet Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 July 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2004PTC147514. Its GSTIN is 27AAACQ1144J1ZK (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Balasubramaniam and Anjali Suresh.

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 20 Sea Glimpseworli Hill Road Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.05 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹19.09 Lakh and EBITDA of -₹18.68 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 7% over five years.

As per MCA filings, the company has open charges of ₹2.6 Cr and satisfied charges of ₹2 Cr on record.

Quartet Financial Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0048514). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U67190MH2004PTC147514
Registration Number 147514
Incorporation Date 15 July 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0048514

Recognitions & Rankings of Quartet Financial Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0048514

Contact details

Quartet Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    20 Sea Glimpseworli Hill Road Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Quartet Financial Services Private Limited, buy the company report.

Comprehensive company report
Quartet Financial Services Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Quartet Financial Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Quartet Financial Services Private Limited, buy the company report.

Financials of Quartet Financial Services Private Limited

FY 2025 filings available

Quartet Financial Services Private Limited reported revenue of ₹3.05 Lakh (down 2% YoY) for FY 2024.

Revenue · FY 2024
₹3.05 Lakh ▼ 2%
Net loss · FY 2024
₹19.09 Lakh
EBITDA · FY 2024
-₹18.68 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 61%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 38%
5 years · compounded
▲ 16%

Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 2% fall in the latest year. EBITDA rose 51% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹18.68 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19.09 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Quartet Financial Services Private Limited, buy the company report.

Board of directors of Quartet Financial Services Private Limited

Quartet Financial Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh BalasubramaniamDirector15 Jul 200422 Years 3 MonthsCurrent
Anjali SureshDirector15 Jul 200422 Years 3 MonthsCurrent

Auditor

Quartet Financial Services Private Limited is audited by N. N. DESAI AND CO. for the financial year 2020.

Auditor firmFinancial yearFirm registration number
N. N. DESAI AND CO.FY 2020120342W

Shareholding

The shareholding of Quartet Financial Services 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 categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Quartet Financial Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.6 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Citi Bank N.A.₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Dec 2018100240203Citi Bank N.A.₹2.6 CrOpen
21 Jun 2018100193703Others₹2 CrSatisfied

To see the full charge records of Quartet Financial Services Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Quartet Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Quartet Financial Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACQ1144J1ZKMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Quartet Financial Services Private Limited, buy the company report.

Recent activity

Quartet Financial Services Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Anjali Suresh was appointed as Director on 15 Jul 2004.

AGM
Quartet Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quartet Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Citi Bank N.A. amounted to Rs. 260.00 Lakh with Charge ID 100240203 was registered on 10 Dec 2018.
Charges
A charge registered on 21 Jun 2018 via Charge ID 100193703 with Others was fully satisfied on 30 Nov 2018.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100193703 was registered on 21 Jun 2018.
Appointed
Anjali Suresh was appointed as Director.
Appointed
Suresh Balasubramaniam was appointed as Director.
Incorporation
15 Jul 2004
Quartet Financial Services Private Limited was registered on 15 Jul 2004 with Roc Mumbai I & aged 22 years 3 months as per MCA records.

Frequently asked questions

Quartet Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 July 2004 (22+ years old) and is registered under CIN U67190MH2004PTC147514.

Quartet Financial Services has 2 current directors:

The latest financial statements of Quartet 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 GSTIN of Quartet Financial Services is 27AAACQ1144J1ZK, registered in Maharashtra.

The CIN (Corporate Identification Number) of Quartet Financial Services is U67190MH2004PTC147514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Quartet Financial Services was incorporated on 15 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

Anjali Suresh was appointed as Director on 15 Jul 2004. Suresh Balasubramaniam was appointed as Director on 15 Jul 2004.

Yes, Quartet Financial Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0048514).

The registered office of Quartet Financial Services is at 20 Sea Glimpseworli Hill Road Worli, Mumbai, Maharashtra, India – 400018.

Quartet Financial Services operates in the financial services industry, in the diversified financial services segment.