Ruth Finvest Private Limited
About Ruth Finvest Private Limited
Data last updated:
Ruth Finvest 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 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC212012.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Nitin Chunilal Mehta and Dhananjay Thakorbhai Desai.
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 Flat No. 302 3rd Flr Ganjawala Residency Ganjawala Lane Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.79 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹3.41 Cr (net margin -12.3%) and EBITDA of ₹2.09 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
Its group structure includes 2 subsidiaries.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2012. The company has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 6 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ruth Finvest Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 302 3rd Flr Ganjawala Residency Ganjawala Lane Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryFinancial Services, NBFC
To see the full contact details of Ruth Finvest 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
Business activity
The main business activity of Ruth Finvest 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 Ruth Finvest Private Limited, buy the company report.
Financials of Ruth Finvest Private Limited
FY 2025 filings availableRuth Finvest Private Limited reported revenue of ₹27.79 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA rose 486% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.41 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | -12.3% | ||||
| 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 Ruth Finvest Private Limited, buy the company report.
Board of directors of Ruth Finvest Private Limited
Ruth Finvest has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Chunilal Mehta Also directs: Ostern Pvt Ltd, Bionova Solutions Private Limited, Hi-Shine Writing Inks Private Limited and 4 more | Director | 08 Jan 2011 | 15 Years 9 Months | Current |
| Dhananjay Thakorbhai Desai | Director | 08 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Ruth Finvest Private Limited is audited by AKKAD MEHTA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKKAD MEHTA & CO LLP | FY 2023 | 100259W/W100384 |
Shareholding
The shareholding of Ruth Finvest Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ruth Finvest Private Limited, buy the company report.
Deals & funding
Ruth Finvest Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹1.99 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ruth Finvest 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
Ruth Finvest Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akkad Mehta & Co LLP |
To see the full MSME payment records of Ruth Finvest Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ruth Finvest has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| NX Pack Private Limited | U36100GJ2014PTC079434 | |
| Bionova Solutions Private Limited | U37200GJ2020PTC114117 |
To see the full group structure of Ruth Finvest Private Limited, buy the company report.
GST
No GST registration is on our record for Ruth Finvest Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ruth Finvest Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Dhananjay Thakorbhai Desai was appointed as Director on 08 Jan 2011.
Frequently asked questions
Ruth Finvest 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 2011 (15+ years old) and is registered under CIN U74120MH2011PTC212012.
Ruth Finvest has 2 current directors:
- Nitin Chunilal Mehta - Director
- Dhananjay Thakorbhai Desai - Director
The latest financial statements of Ruth Finvest 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 Ruth Finvest is U74120MH2011PTC212012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ruth Finvest was incorporated on 08 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Ruth Finvest has 1 deal on record (1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2012.
Dhananjay Thakorbhai Desai was appointed as Director on 08 Jan 2011. Nitin Chunilal Mehta was appointed as Director on 08 Jan 2011.
Ruth Finvest has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Feb 2024.
The registered office of Ruth Finvest is at Flat No. 302 3rd Flr Ganjawala Residency Ganjawala Lane Borivali West, Mumbai, Maharashtra, India – 400092.
Ruth Finvest operates in the financial services industry, in the nbfc segment.
The compliance status of Ruth Finvest is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
