India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,277 Babulal M. Bhansali & family ₹1,800 Cr
Market Cap
₹0.93 Cr
ZSPEEDCO · BSE
Share Price
₹9.50
0.00% today
EBITDA
−₹0.40 Cr
FY 2025-26
Net Profit
₹4.42 Cr
FY 2025-26 · -2.9% YoY
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98 Lakh
Issued & subscribed
Company age
42 yrs
Est. 1984
Directors on board
6
As per MCA filings
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.
Company details
CIN L51900MH1984PLC034503
Registration Number 034503
Incorporation Date 09 November 1984
ROC Mumbai
Listing Status Listed (BSE: 512291)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
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 |
Key People
Jayesh Babulal Bhansali Director Aditya Santosh Srivastava Director Nilesh Rameshkumar Sheth Director Recognitions & Rankings of Speedage Commercials
Contact details
Speedage Commercials Ltd's registered office is in Mumbai, Maharashtra. Its website is speedagecommercials.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301 And 302 3rd Floor, Peninsula Heights C.D Barfiwala Road, Mumbai, Maharashtra, India – 400058
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Speedage Commercials Ltd, buy the company report.
Comprehensive company report
Speedage Commercials Ltd - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Speedage Commercials Ltd, buy the company report.
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
₹0.00 Cr
-100.0% YoY
EBITDA
−₹0.40 Cr
-106.5% YoY
Profit After Tax
₹4.42 Cr
-2.9% YoY
Net Worth
₹132 Cr
-18.6% YoY
Total Assets
₹132 Cr
-18.6% YoY
Total Debt
Nil
Revenue 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
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| 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 |
To see the full year-wise statements and ratios of Speedage Commercials Ltd, buy the company report.
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.
Current Directors
Peer comparison
Speedage Commercials Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| 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 |
To see the full peer comparison of Speedage Commercials Ltd, buy the company report.
Auditor
Speedage Commercials Ltd is audited by B L Dasharda and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B L Dasharda and Associates | FY 2023 | 112615W |
Shareholding
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
QUARTER
74.30% Promoters
25.70% Retail & Others
Promoter holding - history
Now 74.30% · Mar 2026High 74.30% · Jun 2025Low 74.30% · Jun 2025
Shareholding trend - last 6 quarters
| 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% |
Deals & funding
Speedage Commercials Ltd has 1 deal on record (1 market trade); the latest was in March 2016.
Total deals
1
Market trade
1
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 |
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 Speedage Commercials Ltd 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 Speedage Commercials Ltd; 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 Speedage Commercials Ltd; the GSTIN and return-filing check is in the company report Buy 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.
AGM
Speedage Commercials Ltd last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Mansi Aditya Srivastava was appointed as Director.
Appointed
Nilesh Rameshkumar Sheth was appointed as Director.
Filing
Speedage Commercials Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Dilip Kumar Swarnkar ceased to be Company Secretary.
Ceased
Dipesh Pawanraj Sanghvi ceased to be Additional Director.
Appointed
Aditya Santosh Srivastava was appointed as Director.
Ceased
Lalitkumar Mishrimal Bhansali ceased to be Director.
Appointed
Meenakshi Bhansali was appointed as Director.
Ceased
Alok Dharmraj Mishra ceased to be Company Secretary.
Appointed
Jayesh Babulal Bhansali was appointed as Director.
Appointed
Babulal Mishrimal Bhansali was appointed as Director.
1 earlier event is in the company report.
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.