
S H M Resources Private Limited
About S H M Resources Private Limited
Data last updated:
S H M Resources Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 22 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2001PTC133757. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Sources Consultancy Mumbai Private Limited and Saarth Resources Private Limited. It is led by directors Jayantilal Vaghji Maru and Sejal Maru Hiren.
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 301 Vihang Viharravi Mill Compound Paanch Pakhadi, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.62 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹16,622 (net margin 4.6%) and EBITDA of ₹22,662 (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
S H M Resources has undergone 2 name changes throughout its history. The company was previously known as Sources Consultancy Mumbai Private Limited, and Saarth Resources Private Limited. The current legal name is S H M Resources Private Limited.
| Company Name | Status |
|---|---|
| S H M Resources Private Limited | Current |
| Sources Consultancy Mumbai Private Limited | Previous |
| Saarth Resources Private Limited | Previous |
Contact details
S H M Resources Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address301 Vihang Viharravi Mill Compound Paanch Pakhadi, Thane, Maharashtra, India – 400602
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of S H M Resources 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 S H M Resources is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of S H M Resources Private Limited, buy the company report.
Financials of S H M Resources Private Limited
FY 2025 filings availableS H M Resources Private Limited reported revenue of ₹3.62 Lakh (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 36% growth in the latest year. EBITDA rose 34% 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 | ₹22,662 | ||||
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| Net Profit (PAT) | ₹16,622 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of S H M Resources Private Limited, buy the company report.
Board of directors of S H M Resources Private Limited
S H M Resources has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Vaghji Maru | Director | 28 Apr 2004 | 22 Years 6 Months | Current |
| Sejal Maru Hiren | Director | 01 Mar 2007 | 19 Years 8 Months | Current |
Peer comparison
S H M Resources Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rubion Marketing Private Limited | ₹3.68 Lakh (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Bagra Financial Services Private Limited | ₹3.68 Lakh (FY 2025) | -61.0% | Mumbai, Maharashtra, India | |||
| Alphamoneygrowth Financial Services Private Limited | ₹3.67 Lakh (FY 2025) | 23.0% | Aurangabad, Maharashtra, India | |||
| K.K.T. Chits Private Limited | ₹3.65 Lakh (FY 2025) | -10.0% | Tiruchirappalli, Tamil Nadu, India | |||
| SPG Associates Private Limited | ₹3.64 Lakh (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| S H M Resources Private Limitedthis company | ₹3.62 Lakh (FY 2025) | ₹16,622 | 4.6% | 36.0% | Thane, Maharashtra, India | |
| Khyati Forex Private Limited | ₹3.62 Lakh (FY 2024) | 0.0% | Ghaziabad, Uttar Pradesh, India | |||
| Seacrest Investment Company Private Limited | ₹3.6 Lakh (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Ankur Financial Consultants Private Limited | ₹3.6 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Citadel Commotrade Private Limited | ₹3.59 Lakh (FY 2025) | -70.0% | Kolkata, West Bengal, India | |||
| Qapstrats Financial Services Private Limited | ₹3.59 Lakh (FY 2024) | -52.0% | Bangalore, Karnataka, India |
To see the full peer comparison of S H M Resources Private Limited, buy the company report.
Auditor
S H M Resources Private Limited is audited by ATUL DOSHI AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL DOSHI AND ASSOCIATES | FY 2017 | 102585 |
Shareholding
The shareholding of S H M Resources 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 S H M Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving S H M Resources 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 S H M Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S H M Resources 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 S H M Resources Private Limited, buy the company report.
Recent activity
S H M Resources Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Sejal Maru Hiren was appointed as Director on 01 Mar 2007.
Frequently asked questions
S H M Resources is an active private limited company based in Thane, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 22 October 2001 (25+ years old) and is registered under CIN U74140MH2001PTC133757.
S H M Resources has 2 current directors:
- Jayantilal Vaghji Maru - Director
- Sejal Maru Hiren - Director
The latest financial statements of S H M Resources 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. S H M Resources has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of S H M Resources is U74140MH2001PTC133757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S H M Resources was incorporated on 22 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of S H M Resources by revenue are Rubion Marketing Private Limited, Bagra Financial Services Private Limited, Alphamoneygrowth Financial Services Private Limited, K.K.T. Chits Private Limited, SPG Associates Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Sejal Maru Hiren was appointed as Director on 01 Mar 2007. Jayantilal Vaghji Maru was appointed as Director on 28 Apr 2004.
The registered office of S H M Resources is at 301 Vihang Viharravi Mill Compound Paanch Pakhadi, Thane, Maharashtra, India – 400602.
S H M Resources operates in the financial services industry, in the advisory segment.
The compliance status of S H M Resources is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.

