
Say Financial Solutions Private Limited
About Say Financial Solutions Private Limited
Data last updated:
Say Financial Solutions Private Limited is a private limited company based in Bijapur, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2011PTC061051.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashidhar Hanumanthappa Kagal and Mahammad Yaseen Gulam Dasstgir Chanegaun.
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 Ward No 36 Plot No. 10 Vajara Hanuman Nagar, Bijapur, Karnataka, India – 586101.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.27 Lakh, a growth of 93% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Lakh (net margin -24.7%) and EBITDA of -₹95,468 (EBITDA margin -22.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Say Financial Solutions Private Limited's registered office is in Bijapur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWard No 36 Plot No. 10 Vajara Hanuman Nagar, Bijapur, Karnataka, India – 586101
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Say Financial Solutions 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 Say Financial Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Say Financial Solutions Private Limited, buy the company report.
Financials of Say Financial Solutions Private Limited
FY 2025 filings availableSay Financial Solutions Private Limited reported revenue of ₹4.27 Lakh (up 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 93% growth in the latest year. EBITDA fell 250% 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 |
|---|---|---|---|---|---|
| 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 | -₹95,468 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.05 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.4% | ||||
| Net Profit Margin | -24.7% | ||||
| 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 Say Financial Solutions Private Limited, buy the company report.
Board of directors of Say Financial Solutions Private Limited
Say Financial Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashidhar Hanumanthappa Kagal | Director | 02 Nov 2011 | 15 Years 0 Months | Current |
| Mahammad Yaseen Gulam Dasstgir Chanegaun | Director | 02 Nov 2011 | 15 Years 0 Months | Current |
| Akshata Anandrao Joshi | Director | 02 Nov 2011 | 15 Years 0 Months | Current |
Auditor
Say Financial Solutions Private Limited is audited by C D MUDALGI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C D MUDALGI & CO | FY 2020 | 012205S |
Shareholding
The shareholding of Say Financial Solutions 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Say Financial Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Say Financial Solutions 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 Say Financial Solutions 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 Say Financial Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Say Financial Solutions Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Akshata Anandrao Joshi was appointed as Director on 02 Nov 2011.
Frequently asked questions
Say Financial Solutions is an active private limited company based in Bijapur, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 November 2011 (15+ years old) and is registered under CIN U74140KA2011PTC061051.
Say Financial Solutions has 3 current directors:
- Shashidhar Hanumanthappa Kagal - Director
- Mahammad Yaseen Gulam Dasstgir Chanegaun - Director
- Akshata Anandrao Joshi - Director
The latest financial statements of Say Financial Solutions 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 Say Financial Solutions is U74140KA2011PTC061051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Say Financial Solutions was incorporated on 02 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Akshata Anandrao Joshi was appointed as Director on 02 Nov 2011. Mahammad Yaseen Gulam Dasstgir Chanegaun was appointed as Director on 02 Nov 2011. Shashidhar Hanumanthappa Kagal was appointed as Director on 02 Nov 2011.
The registered office of Say Financial Solutions is at Ward No 36 Plot No. 10 Vajara Hanuman Nagar, Bijapur, Karnataka, India – 586101.
Say Financial Solutions operates in the financial services industry, in the diversified financial services segment.
The compliance status of Say Financial Solutions is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
Say Financial Solutions can be reached at its registered office: Ward No 36 Plot No. 10 Vajara Hanuman Nagar, Bijapur, Karnataka, India – 586101.

