Relax Finlease Private Limited
About Relax Finlease Private Limited
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Relax Finlease 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 08 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1996PTC096020.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.61 Lakh. It is led by directors Sushil Kaushik and Upendra Anantrao Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 12 – 16 2nd Floor Daryanagar House Maharshi Karve Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.25 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹23.01 Lakh (net margin 49.8%) and EBITDA of ₹38.47 Lakh (EBITDA margin 83.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Relax Finlease Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address12 – 16 2nd Floor Daryanagar House Maharshi Karve Road, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Relax Finlease 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
Financials of Relax Finlease Private Limited
FY 2024 filings availableRelax Finlease Private Limited reported revenue of ₹46.25 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 5% growth in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹38.47 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹23.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 83.2% | ||||
| Net Profit Margin | 49.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Relax Finlease Private Limited, buy the company report.
Board of directors of Relax Finlease Private Limited
Relax Finlease has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kaushik Also directs: Srushti Infra & Agro Projects LLP, Dahigaon Farms Private Limited, Shristi Infraprojects Private Limited and 5 more | Director | 15 Oct 2003 | 23 Years 0 Months | Current |
| Upendra Anantrao Kulkarni Also directs: Srushti Infra & Agro Projects LLP, Dahigaon Farms Private Limited, Shristi Infraprojects Private Limited and 5 more | Director | 15 Oct 2003 | 23 Years 0 Months | Current |
Peer comparison
Relax Finlease Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trilochan Vyapaar Pvt. Ltd. | ₹46.37 Lakh (FY 2019) | 179.0% | Kolkata, West Bengal, India | |||
| Bell Finvest(India) Limited. | ₹46.36 Lakh (FY 2024) | -53.0% | Mumbai, Maharashtra, India | |||
| HBC Finance and Leasing Ltd | ₹46.35 Lakh (FY 2020) | -18.0% | Hyderabad, Telangana, India | |||
| Goodluck Trexim Pvt Ltd | ₹46.27 Lakh (FY 2025) | 216.0% | Kolkata, West Bengal, India | |||
| Raama Finance Limited | ₹46.27 Lakh (FY 2024) | -2.0% | Vadodara, Gujarat, India | |||
| Relax Finlease Private Limitedthis company | ₹46.25 Lakh (FY 2024) | ₹23.01 Lakh | 49.8% | 5.0% | Mumbai, Maharashtra, India | |
| Peacock Chennai Finvest Private Limited | ₹46.19 Lakh (FY 2025) | 694.0% | Chennai, Tamil Nadu, India | |||
| Nandwana Finance Private Limited | ₹46.14 Lakh (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Kesri Investments Private Limited | ₹46.13 Lakh (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Nilhat Promoters & Fiscal Pvt Ltd | ₹46.11 Lakh (FY 2025) | -78.0% | Kolkata, West Bengal, India | |||
| Ginny Traders Pvt Ltd | ₹46.1 Lakh (FY 2025) | 21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Relax Finlease Private Limited, buy the company report.
Auditor
Relax Finlease Private Limited is audited by BORKAR & SHENOY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BORKAR & SHENOY | FY 2020 | 120426W |
Shareholding
The shareholding of Relax Finlease 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 category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Relax Finlease Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Relax Finlease Private 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 Relax Finlease Private 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 Relax Finlease Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Relax Finlease Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Sushil Kaushik was appointed as Director on 15 Oct 2003.
Frequently asked questions
Relax Finlease 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 08 January 1996 (30+ years old) and is registered under CIN U65990MH1996PTC096020.
Relax Finlease has 2 current directors:
- Sushil Kaushik - Director
- Upendra Anantrao Kulkarni - Director
The latest financial statements of Relax Finlease on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Relax Finlease is U65990MH1996PTC096020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relax Finlease was incorporated on 08 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Relax Finlease by revenue are Trilochan Vyapaar Pvt. Ltd, Bell Finvest(India) Limited, HBC Finance and Leasing Ltd, Goodluck Trexim Pvt Ltd, Raama Finance Limited and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Sushil Kaushik was appointed as Director on 15 Oct 2003. Upendra Anantrao Kulkarni was appointed as Director on 15 Oct 2003.
The registered office of Relax Finlease is at 12 – 16 2nd Floor Daryanagar House Maharshi Karve Road, Mumbai, Maharashtra, India – 400002.
Relax Finlease operates in the financial services industry, in the nbfc segment.
The compliance status of Relax Finlease is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
Relax Finlease can be reached at its registered office: 12 – 16 2nd Floor Daryanagar House Maharshi Karve Road, Mumbai, Maharashtra, India – 400002.
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