About Quest Financial Services Ltd
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Quest Financial Services Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65993WB1980PLC033060. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 10 Jan 2024 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹123.34 Cr and a paid-up capital of ₹123.32 Cr. It was formerly known as Faridabad Vidyut Limited. It is led by directors including Tarun Laha (Managing Director) and Bijay Kumar Agarwal.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.32 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹40,800 (net margin -9.4%) and EBITDA of -₹40,796 (EBITDA margin -9.4%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
The company is associated with 1 brand: Quest Financial Services. As per MCA filings, the company has open charges of ₹1.49 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending. The company has 10 deals on record (10 market trades); the latest was in April 2018. Its 3 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is Amber Fincorp Pvt.Ltd. with revenue of ₹4.88 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website questfinancial.in.
Company details
CIN history
Quest Financial Services has one previous CIN (Corporate Identification Number): U65993WB1980PLC033060. The current CIN is L65993WB1980PLC033060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65993WB1980PLC033060 | Current |
| U65993WB1980PLC033060 | Previous |
Contact details
Quest Financial Services Ltd's registered office is in Kolkata, West Bengal. Its website is questfinancial.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCentrepoint21 Hemantabasusarani Roomno.230 2N, D Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Quest Financial Services Ltd, 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
Quest Financial Services operates one associated brand: Quest Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of auto loans | questfinancial.in |
Business activity
The main business activity of Quest Financial Services 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 Quest Financial Services Ltd, buy the company report.
Financials of Quest Financial Services Ltd
FY 2025 filings availableQuest Financial Services Ltd reported revenue of ₹4.32 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 1% fall 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 | ₹4.32 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹40,796 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40,800 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | -9.4% | ||||
| Net Profit Margin | -9.4% | ||||
| 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 Quest Financial Services Ltd, buy the company report.
Board of directors of Quest Financial Services Ltd
Quest Financial Services has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagina Kharwar Also directs: Jaisukh Dealers Limited, Impex Services Ltd | Additional Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Tarun Laha Also directs: Jaisukh Dealers Limited, Amm Irons Limited, JDL Gem and Jewelleries Limited and 5 more | Managing Director | 12 Feb 2019 | 7 Years 8 Months | Current |
| Bijay Kumar Agarwal Also directs: Superfast Tradecom Private Limited | Director | 31 Jan 2007 | 19 Years 9 Months | Current |
| Rabindra Kumar Hisaria Also directs: Bonjem Enterprise LLP, Matron Fashions Private Limited, Ashirwad Suppliers Private Limited and 5 more | Director | 14 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Quest Financial Services Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Amber Fincorp Pvt.Ltd. | ₹4.88 Lakh (FY 2021) | -43.0% | Kolkata, West Bengal, India | |||
| Pragati Portfolio Private Limited | ₹4.87 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Prism Finance Limited | ₹4.74 Lakh (FY 2019) | -97.0% | Ahmedabad, Gujarat, India | |||
| Quest Financial Services Ltdthis company | ₹4.32 Lakh (FY 2025) | -₹40,800 | -9.4% | -1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Quest Financial Services Ltd, buy the company report.
Auditor
Quest Financial Services Ltd is audited by Verma S & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Verma S & Associates | FY 2022 | 328962E |
Shareholding
The shareholding of Quest Financial Services Ltd 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 Quest Financial Services Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2011 | 10300673 | State Bank of India | ₹1.49 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Quest Financial Services Ltd has 10 deals on record (10 market trades); the latest was in April 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Market trade | ₹51.8 Lakh | Buyer: Fastner Machinery Dealers Limited , an individual Seller: Fastner Machinery Dealers Limited , an individual |
| Feb 2017 | Market trade | ₹26.5 Lakh | Seller: Ideal Plywood Traders Private Limited |
| Feb 2017 | Market trade | ₹1.3 Cr | Buyer: an individual Seller: Fastner Machinery Dealers Limited , 2 individuals |
| Jan 2017 | Market trade | ₹33.2 Lakh | Buyer: Anurodh Infrastructure Limited , an individual Seller: Anurodh Infrastructure Limited , an individual |
| Jan 2017 | Market trade | ₹47.9 Lakh | Buyer: Wonder Vinimay Private Limited , Anurodh Infrastructure Limited Seller: Anurodh Infrastructure Limited , Wonder Vinimay Private Limited |
To see the full deal history of Quest Financial Services Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quest Financial Services Ltd has 8 court cases on record: 2 filed by Quest Financial Services, 6 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by Securities and Exchange Board of India Through Officer Vaibhav Modi | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Howrah, West Bengal | Criminal complaint | Filed against the company by State of West Bengal | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Quest Financial Services Ltd, 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 Quest Financial Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quest Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Quest Financial Services Ltd, buy the company report.
Recent activity
Quest Financial Services Ltd has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Nagina Kharwar was appointed as Additional Director on 14 Aug 2021.
3 earlier events are in the company report.
Frequently asked questions
Quest Financial Services is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 October 1980 (46+ years old) and is registered under CIN L65993WB1980PLC033060.
Quest Financial Services has 4 current directors:
- Tarun Laha - Managing Director
- Nagina Kharwar - Additional Director
- Bijay Kumar Agarwal - Director
- Rabindra Kumar Hisaria - Director
The latest financial statements of Quest 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.
No. Quest Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Quest Financial Services is L65993WB1980PLC033060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quest Financial Services is recorded as a listed company by MCA, but its shares were delisted from BSE on 10 Jan 2024 · compulsory delisting, and no longer trade on a stock exchange.
Quest Financial Services has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Quest Financial Services was incorporated on 21 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Kolkata.
Quest Financial Services has 10 deals on record (10 market trades); the latest was in April 2018.
The peers of Quest Financial Services by revenue are Amber Fincorp Pvt.Ltd, Pragati Portfolio Private Limited, Prism Finance Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Nagina Kharwar was appointed as Additional Director on 14 Aug 2021. Jyoti Lohia ceased to be Director on 31 Dec 2020. Kishan Kumar Jajodia ceased to be Director on 29 Jan 2020. Quest Financial Services has 11 board changes on record in total.
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