Richway Financial Services Private Limited
About Richway Financial Services Private Limited
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Richway Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 14 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC221996.
The company has an authorised share capital of ₹7.25 Lakh and a paid-up capital of ₹7.24 Lakh. It is led by directors Akansha Joshi and Astha Joshi.
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 ₹75.5 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹4.65 Lakh (net margin 6.2%) and EBITDA of ₹8.41 Lakh (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 461% over three years and 370% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Richway Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAkansha Arcade 1st Floor, Office No.104 Kandivali Borivali, Mumbai, Maharashtra, India – 400067
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Richway 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
Financials of Richway Financial Services Private Limited
FY 2025 filings availableRichway Financial Services Private Limited reported revenue of ₹75.5 Lakh (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 370%. EBITDA fell 97% 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 | ₹8.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.65 Lakh | ||||
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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 | 11.1% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Richway Financial Services Private Limited, buy the company report.
Board of directors of Richway Financial Services Private Limited
Richway Financial Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akansha Joshi | Director | 25 Jul 2022 | 4 Years 3 Months | Current |
| Astha Joshi | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Richway Financial Services Private Limited is audited by JYOTI SINGH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOTI SINGH & ASSOCIATES | FY 2017 | 151113 |
Shareholding
The shareholding of Richway Financial Services Private 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 Richway Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Richway Financial Services 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 Richway Financial Services 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 Richway Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Richway Financial Services Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Abhishek Ghosh ceased to be Director on 17 Oct 2022.
Frequently asked questions
Richway Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 14 September 2011 (15+ years old) and is registered under CIN U74900MH2011PTC221996.
Richway Financial Services has 2 current directors:
- Akansha Joshi - Director
- Astha Joshi - Director
The latest financial statements of Richway 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 Richway Financial Services is U74900MH2011PTC221996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richway Financial Services was incorporated on 14 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhishek Ghosh ceased to be Director on 17 Oct 2022. Astha Joshi was appointed as Director on 17 Oct 2022. Akansha Joshi was appointed as Director on 25 Jul 2022. Richway Financial Services has 9 board changes on record in total.
The registered office of Richway Financial Services is at Akansha Arcade 1st Floor, Office No.104 Kandivali Borivali, Mumbai, Maharashtra, India – 400067.
Richway Financial Services operates in the trading industry, in the wholesale segment.
The compliance status of Richway Financial Services is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.
Richway Financial Services can be reached at its registered office: Akansha Arcade 1st Floor, Office No.104 Kandivali Borivali, Mumbai, Maharashtra, India – 400067.
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