- #1,277 Babulal M. Bhansali & family ₹1,800 Cr

About Speedage Commercials Ltd
Data last updated:
Speedage Commercials Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 09 November 1984 and has been in existence for over 42 years.
Its director Babulal M. Bhansali and family are #1,277 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1984PLC034503. Its shares are listed on BSE: 512291.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98 Lakh. It is led by directors including Jayesh Babulal Bhansali and Aditya Santosh Srivastava.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
The net worth stands at ₹132.5 Cr (down 18.6% YoY). Total assets are valued at ₹132.5 Cr (down 18.6% YoY).
The company has 1 deal on record (1 market trade); the latest was in March 2016. Its 3 peer companies in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 2 smaller; the largest is Dufflaghur Investment Ltd with revenue of ₹6.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website speedagecommercials.net.
CIN History
Speedage Commercials has one previous CIN (Corporate Identification Number): U51900MH1984PLC034503. The current CIN is L51900MH1984PLC034503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1984PLC034503 | Current |
| U51900MH1984PLC034503 | Previous |
Recognitions & Rankings of Speedage Commercials
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address301 And 302 3rd Floor, Peninsula Heights C.D Barfiwala Road, Mumbai, Maharashtra, India – 400058
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Speedage Commercials is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Speedage Commercials Ltd
FY 2025-26 filings availableSpeedage Commercials Ltd reported revenue of ₹- (down 100% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 6.45 | 17.76 | 2.59 | 2.59 | 0.42 | 0.43 |
| Revenue growth | -100.0% | -63.7% | +585.7% | 0.0% | +516.7% | -2.3% | - |
| EBITDA | (0.40) | 6.13 | 17.60 | 2.43 | 2.42 | 0.35 | 0.35 |
| EBITDA margin | - | +95.0% | +99.1% | +93.8% | +93.4% | +83.3% | +81.4% |
| Profit before tax | 6.12 | 6.13 | 17.60 | 2.43 | 2.42 | 0.35 | 0.35 |
| Net profit | 4.42 | 4.55 | 13.17 | 1.82 | 1.80 | 0.26 | 0.35 |
| Net profit margin | - | +70.5% | +74.2% | +70.3% | +69.5% | +61.9% | +81.4% |
| EPS (₹) | 45.18 | 46.40 | 134.32 | 18.56 | 18.39 | 2.68 | 3.60 |
| Balance sheet | |||||||
| Total assets | 132 | 163 | 133 | 87.38 | 110 | 119 | 26.14 |
| Net worth | 132 | 163 | 133 | 87.38 | 110 | 119 | 26.14 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 2.50 | 0.79 | 0.10 | 0.48 | 0.21 | 0.11 | 0.06 |
| Net working capital | 22.11 | 17.03 | 13.03 | 0.46 | 1.69 | 0.33 | 0.39 |
| Cash flow | |||||||
| Cash from operations | (1.90) | (1.98) | (4.58) | 0.73 | (2.33) | (0.16) | (0.07) |
| Cash from investing | 3.61 | 2.68 | 4.20 | (0.45) | 2.42 | 0.22 | 0.10 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.71 | 2.31 | 1.49 | 2.67 | 0.05 | 2.10 | 1.69 | 2.64 |
| Total expenses | 0.07 | 0.24 | 0.04 | 0.04 | 0.07 | 0.19 | 0.03 | 0.03 |
| EBITDA | (0.04) | (0.24) | (0.04) | (0.04) | (0.07) | (0.19) | (0.03) | (0.03) |
| EBITDA margin | -133.3% | - | - | - | - | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.67 | 2.07 | 1.45 | 2.63 | (0.02) | 1.91 | 1.66 | 2.61 |
| Tax | 0.17 | 0.68 | 0.37 | 0.65 | 0.00 | 0.52 | 0.42 | 0.64 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.71 | 2.31 | 1.49 | 2.67 | 0.05 | 2.10 | 1.69 | 2.64 |
| Total expenses | 0.07 | 0.24 | 0.04 | 0.04 | 0.07 | 0.19 | 0.03 | 0.03 |
| EBITDA | (0.04) | (0.24) | (0.04) | (0.04) | (0.07) | (0.19) | (0.03) | (0.03) |
| EBITDA margin | -133.3% | - | - | - | - | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.67 | 2.07 | 1.45 | 2.63 | (0.02) | 1.91 | 1.66 | 2.61 |
| Tax | 0.17 | 0.68 | 0.37 | 0.65 | 0.00 | 0.52 | 0.42 | 0.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 6.45 | 17.76 | 2.59 | 2.59 | 0.42 | 0.43 |
| Revenue growth | -100.0% | -63.7% | +585.7% | 0.0% | +516.7% | -2.3% | - |
| Other income | 6.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.40 | 0.32 | 0.16 | 0.16 | 0.17 | 0.07 | 0.08 |
| Employee cost | 0.00 | 0.09 | 0.09 | 0.09 | 0.10 | 0.02 | 0.02 |
| EBITDA | (0.40) | 6.13 | 17.60 | 2.43 | 2.42 | 0.35 | 0.35 |
| EBITDA margin | - | +95.0% | +99.1% | +93.8% | +93.4% | +83.3% | +81.4% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 6.12 | 6.13 | 17.60 | 2.43 | 2.42 | 0.35 | 0.35 |
| Tax | 1.70 | 1.58 | 4.43 | 0.61 | 0.62 | 0.09 | 0.00 |
| Net profit | 4.42 | 4.55 | 13.17 | 1.82 | 1.80 | 0.26 | 0.35 |
| Net profit margin | - | +70.5% | +74.2% | +70.3% | +69.5% | +61.9% | +81.4% |
| EPS (₹) | 45.18 | 46.40 | 134.32 | 18.56 | 18.39 | 2.68 | 3.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.98 |
| Reserves & surplus | 132 | 162 | 132 | 86.40 | 109 | 118 | 25.16 |
| Shareholders' funds (net worth) | 132 | 163 | 133 | 87.38 | 110 | 119 | 26.14 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 132 | 163 | 133 | 87.38 | 110 | 119 | 26.14 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 110 | 146 | 120 | 86.91 | 108 | 118 | 25.39 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 2.50 | 0.79 | 0.10 | 0.48 | 0.21 | 0.11 | 0.06 |
| Loans & advances | 19.65 | 16.25 | 12.95 | 0.00 | 1.50 | 0.23 | 0.34 |
| Total current assets | 22.15 | 17.04 | 13.05 | 0.48 | 1.71 | 0.34 | 0.40 |
| Total current liabilities | 0.04 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Net working capital | 22.11 | 17.03 | 13.03 | 0.46 | 1.69 | 0.33 | 0.39 |
| Total assets | 132 | 163 | 133 | 87.38 | 110 | 119 | 26.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.79 | 0.10 | 0.48 | 0.21 | 0.11 | 0.06 | 0.04 |
| Net cash from operating activities | (1.90) | (1.98) | (4.58) | 0.73 | (2.33) | (0.16) | (0.07) |
| Net cash from investing activities | 3.61 | 2.68 | 4.20 | (0.45) | 2.42 | 0.22 | 0.10 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 1.70 | 0.70 | (0.39) | 0.28 | 0.09 | 0.06 | 0.02 |
| Closing cash | 2.50 | 0.79 | 0.10 | 0.48 | 0.21 | 0.11 | 0.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -100.0% | -63.7% | +585.7% | 0.0% | +516.7% | -2.3% | - |
| EBITDA growth | -106.5% | -65.2% | +624.3% | +0.4% | +591.4% | 0.0% | - |
| PBT growth | -0.2% | -65.2% | +624.3% | +0.4% | +591.4% | 0.0% | +75.0% |
| Net income growth | -2.9% | -65.5% | +623.6% | +1.1% | +592.3% | -25.7% | - |
| Revenue CAGR (3Y) | -100.0% | +35.6% | +248.4% | +82.0% | +115.2% | +35.2% | +68.4% |
| EBITDA CAGR (3Y) | - | +36.3% | +269.1% | +90.8% | +129.6% | +39.1% | +91.3% |
| Profitability & leverage | |||||||
| Net income margin | - | +70.5% | +74.2% | +70.3% | +69.5% | +61.9% | +81.4% |
| Return on capital employed | - | +4.2% | +16.0% | +2.5% | +2.1% | +0.5% | +2.5% |
| Return on net worth | - | +3.1% | +12.0% | +1.8% | +1.6% | +0.4% | +2.5% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 45.18 | 46.40 | 134.32 | 18.56 | 18.39 | 2.68 | 3.60 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 1,661.25 | 1,353.88 | 891.60 | 1,121.62 | 1,214.95 | 266.71 |
Board of Directors of Speedage Commercials Ltd
Speedage Commercials has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Peer Comparison
Speedage Commercials Ltd is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dufflaghur Investment Ltd | ₹6.45 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Kolkata, West Bengal, India |
| Aumit Capital Advisors Limited | ₹6.43 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Rajkot, Gujarat, India |
| J. K. Forex Private Limited | ₹6.43 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thalayolaparambu, Kerala, India |
Peers are the companies nearest to Speedage Commercials by revenue, above and below it, in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Speedage Commercials Ltd is audited by B L Dasharda and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B L Dasharda and Associates | Locked | Locked | Locked |
: available in the company report
Shareholding Pattern
Shareholding for the quarter ended Mar 2026: promoters hold 74.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.70%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 74.30% | 74.30% | 74.30% | 74.30% |
| Public | 25.70% | 25.70% | 25.70% | 25.70% |
Charges & Borrowings
Speedage Commercials Ltd does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Speedage Commercials Ltd has 1 deal on record (1 market trade); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Market trade | ₹3.5 Lakh | Buyer: an individual Seller: Sheraton Properties and Finance Ltd , Bentley Commercial Enterprises Ltd |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Speedage Commercials.
: available in the company report
Recent Activity
Speedage Commercials Ltd has 10 board changes on record since 1996: 6 appointments and 4 cessations. The latest: Mansi Aditya Srivastava was appointed as Director on 31 Aug 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Speedage Commercials is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 09 November 1984 (42+ years old) and is registered under CIN L51900MH1984PLC034503. Listed on BSE: 512291.
Speedage Commercials has 6 current directors:
- Jayesh Babulal Bhansali - Director
- Aditya Santosh Srivastava - Director
- Nilesh Rameshkumar Sheth - Director
- Mansi Aditya Srivastava - Director
- Meenakshi Bhansali - Director
- Babulal Mishrimal Bhansali - Director
The latest financial statements of Speedage Commercials on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Speedage Commercials is L51900MH1984PLC034503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Speedage Commercials is listed on BSE with code 512291.
Speedage Commercials was incorporated on 09 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Speedage Commercials has 1 deal on record (1 market trade); the latest was in March 2016.
The peers of Speedage Commercials by revenue are Dufflaghur Investment Ltd, Aumit Capital Advisors Limited, J. K. Forex Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Mansi Aditya Srivastava was appointed as Director on 31 Aug 2025. Nilesh Rameshkumar Sheth was appointed as Director on 29 Aug 2025. Dilip Kumar Swarnkar ceased to be Company Secretary on 16 Jun 2018. Speedage Commercials has 10 board changes on record in total.
Speedage Commercials can be reached through the website speedagecommercials.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Speedage Commercials is at 301 And 302 3rd Floor, Peninsula Heights C.D Barfiwala Road, Mumbai, Maharashtra, India – 400058.