Sunask Finance Ltd
About Sunask Finance Ltd
Data last updated:
Sunask Finance Ltd is a public limited company based in Chennai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 29 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65191TN1992PLC022774.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.94 Cr. It is led by directors including Arun Ajit Bafna and Abhay Kumar Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Brooklyn Centre 6th Floor 103 104 105 Poonamalle High Road, Chennai, Tamil Nadu, India – 600084.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.51 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹7.7 Lakh (net margin 29%) and EBITDA of ₹10.69 Lakh (EBITDA margin 40.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sunask Finance Ltd's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBrooklyn Centre 6th Floor 103 104 105 Poonamalle High Road, Chennai, Tamil Nadu, India – 600084
- IndustryFinancial Services, NBFC
To see the full contact details of Sunask Finance Ltd, 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 Sunask Finance 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 Sunask Finance Ltd, buy the company report.
Financials of Sunask Finance Ltd
FY 2024 filings availableSunask Finance Ltd reported revenue of ₹26.51 Lakh (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 45% growth in the latest year. EBITDA rose 19% 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 | ₹10.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.7 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 | 40.3% | ||||
| Net Profit Margin | 29% | ||||
| 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 Sunask Finance Ltd, buy the company report.
Board of directors of Sunask Finance Ltd
Sunask Finance has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Ajit Bafna Also directs: Mrag & Co LLP | Director | 19 Dec 2021 | 4 Years 10 Months | Current |
| Abhay Kumar Mehta Also directs: United Colour Paper Prints Private Limited | Director | 16 Jun 2003 | 23 Years 4 Months | Current |
| Ashok Mehta | Director | 29 May 1992 | 34 Years 4 Months | Current |
| Rajesh Singhvi Also directs: Dapk Consultancy Services LLP, Sarvagya Neeti Private Limited | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Peer comparison
Sunask Finance Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC), 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 |
|---|---|---|---|---|---|---|
| Rajshree Trade & Finance Pvt Ltd | ₹26.74 Lakh (FY 2018) | 11.0% | Kolkata, West Bengal, India | |||
| Mirage Finance Pvt Ltd | ₹26.65 Lakh (FY 2024) | Indore Mp, Madhya Pradesh, India | ||||
| Shreepati Capital and Finance Private Limited | ₹26.6 Lakh (FY 2023) | 227.0% | Kolkata, West Bengal, India | |||
| Sunask Finance Ltdthis company | ₹26.51 Lakh (FY 2024) | ₹7.7 Lakh | 29% | 45.0% | Chennai, Tamil Nadu, India | |
| Sunaina Finance Limited | ₹26.48 Lakh (FY 2025) | 4.0% | Sreebhumi, West Bengal, India |
To see the full peer comparison of Sunask Finance Ltd, buy the company report.
Auditor
Sunask Finance Ltd is audited by S KISHORE KUMAR AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S KISHORE KUMAR AND CO | FY 2022 | 202006 |
Shareholding
The shareholding of Sunask Finance Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunask Finance Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2004 | 90282507 | Indian Overseas Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Sunask Finance Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sunask Finance 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 Sunask Finance 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 Sunask Finance Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sunask Finance Ltd has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Rajesh Singhvi was appointed as Director on 30 Sep 2022.
Frequently asked questions
Sunask Finance is an active public limited company based in Chennai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 29 May 1992 (34+ years old) and is registered under CIN U65191TN1992PLC022774.
Sunask Finance has 4 current directors:
- Arun Ajit Bafna - Director
- Abhay Kumar Mehta - Director
- Ashok Mehta - Director
- Rajesh Singhvi - Director
The latest financial statements of Sunask Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sunask Finance is U65191TN1992PLC022774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunask Finance was incorporated on 29 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sunask Finance by revenue are Rajshree Trade & Finance Pvt Ltd, Mirage Finance Pvt Ltd, Shreepati Capital and Finance Private Limited, Sunaina Finance Limited, all in the BFSI industry (Finance, NBFC), with the same principal business activity (other financial activities).
Rajesh Singhvi was appointed as Director on 30 Sep 2022. Arun Ajit Bafna ceased to be Director on 29 Sep 2022. Arun Ajit Bafna was appointed as Director on 19 Dec 2021. Sunask Finance has 6 board changes on record in total.
The registered office of Sunask Finance is at Brooklyn Centre 6th Floor 103 104 105 Poonamalle High Road, Chennai, Tamil Nadu, India – 600084.
Sunask Finance operates in the financial services industry, in the nbfc segment.
Sunask Finance has no open charges and satisfied charges of ₹40 Lakh as per latest MCA filings.
The compliance status of Sunask Finance is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.