TCFC Finance Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65990MH1990PLC057923 Incorporated 29 August 1990 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 532284 Public Limited Company financial services
Data last updated
Market Cap
₹24.93 Cr
TCFCFINQ · BSE
Share Price
₹22.59
-5.04% today
Revenue
−₹1.58 Cr
FY 2025-26 · -168.1% YoY
EBITDA
−₹3.17 Cr
Margin 200.6%
Net Profit
−₹1.83 Cr
FY 2025-26 · -250.0% YoY
P/E (TTM)
44.5x
P/B 0.2x
ROE
-1.7%
ROCE -3.2%
Authorised capital
₹25 Cr
Registered with MCA

About TCFC Finance Limited

Data last updated:

TCFC Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 29 August 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1990PLC057923. Its GSTIN is 27AAACR2710H1ZQ (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 532284.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹9.95 Cr. It was formerly known as Rinvi Investments & Trading P Ltd and Rinvi Investments & Trading Ltd. It is led by directors including Tania Vijay Singh Deol (Managing Director) and Dharmil Anil Bodani.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 501/502 Raheja Chambersnariman Point Free Press Journal Marg, Mumbai, Maharashtra, India – 400021.

The net worth stands at ₹107.22 Cr (down 1.7% YoY). Total assets are valued at ₹107.22 Cr (down 1.7% YoY).

The company is associated with 1 brand: TCFC Finance. Court records list 379 cases involving the company, including 357 filed by the company and 22 filed against it; 34 cases are pending. The company has 16 deals on record (16 market trades); the latest was in February 2024. Its 4 peer companies in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 3 smaller; the largest is Shibir India Ltd with revenue of ₹17.66 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 tcfcfinance.com.

Company details

CIN L65990MH1990PLC057923
Registration Number 057923
Incorporation Date 29 August 1990
ROC Mumbai
Listing Status Listed - Listed on BSE (532284)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

TCFC Finance has undergone 2 name changes throughout its history. The company was previously known as Rinvi Investments & Trading P Ltd, and Rinvi Investments & Trading Ltd. The current legal name is Tcfc Finance Limited.

Company NameStatus
TCFC Finance LimitedCurrent
Rinvi Investments & Trading P LtdPrevious
Rinvi Investments & Trading LtdPrevious

CIN history

TCFC Finance has one previous CIN (Corporate Identification Number): U65990MH1990PLC057923. The current CIN is L65990MH1990PLC057923, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65990MH1990PLC057923Current
U65990MH1990PLC057923Previous

Contact details

TCFC Finance Limited's registered office is in Mumbai, Maharashtra. Its website is tcfcfinance.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    501/502 Raheja Chambersnariman Point Free Press Journal Marg, Mumbai, Maharashtra, India – 400021
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of TCFC Finance Limited, buy the company report.

Comprehensive company report
TCFC Finance Limited - 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
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Brands

TCFC Finance operates one associated brand: TCFC Finance. Each brand links to its own profile.

BrandDescriptionWebsite
Investments in equity, debt, and real estate are managed.tcfcfinance.com

Business activity

The main business activity of TCFC Finance is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of TCFC Finance Limited, buy the company report.

Financials of TCFC Finance Limited

FY 2025-26 filings available

TCFC Finance Limited reported revenue of ₹1.58 Cr (down 168.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
−₹1.58 Cr
-168.1% YoY
EBITDA
−₹3.17 Cr
-426.8% YoY
Profit After Tax
−₹1.83 Cr
-250.0% YoY
Net Worth
₹107 Cr
-1.7% YoY
Total Assets
₹107 Cr
-1.7% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue(1.58)2.3217.381.867.3111.651.23
Revenue growth-168.1%-86.7%+834.4%-74.6%-37.3%+847.2%-
EBITDA(3.17)0.9715.980.666.1010.59(0.55)
EBITDA margin+200.6%+41.8%+91.9%+35.5%+83.5%+90.9%-44.7%
Profit before tax(3.44)1.3916.110.947.8811.05(0.42)
Net profit(1.83)1.2212.290.606.189.550.09
Net profit margin+115.8%+52.6%+70.7%+32.3%+84.5%+82.0%+7.3%
EPS (₹)(1.73)1.1611.730.575.899.100.08
Balance sheet
Total assets10710911097.4098.0493.4183.87
Net worth10710911097.4098.0493.4183.86
Total debt0.000.000.000.000.000.000.00
Cash & bank0.670.360.420.350.961.665.63
Net working capital90.4488.1786.6980.6693.3786.6375.60
Cash flow
Cash from operations(1.60)0.11(2.28)(0.10)0.38(1.14)0.71
Cash from investing1.951.662.421.291.151.171.23
Cash from financing0.00(1.89)0.00(1.26)(1.57)0.00(1.89)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.37(7.87)1.48(1.78)6.59(3.61)(0.41)1.53
Revenue growth (YoY)+42.2%-118.0%+461.0%-216.3%+37.0%---
Other income0.040.050.000.01(0.01)(0.03)0.000.30
Total expenses2.360.450.460.350.310.430.300.33
EBITDA7.01(8.32)1.02(2.13)6.28(4.04)(0.71)1.20
EBITDA margin+74.8%+105.7%+68.9%+119.7%+95.3%+111.9%+173.2%+78.4%
Depreciation0.080.080.080.080.080.080.010.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax6.97(8.35)0.94(2.20)6.19(4.15)(0.72)1.50
Tax2.83(2.80)0.99(4.24)4.45(1.12)(0.20)0.36

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.37(7.87)1.48(1.78)6.59(3.61)(0.41)1.53
Revenue growth (YoY)+42.2%-118.0%+461.0%-216.3%+37.0%---
Other income0.040.050.000.01(0.01)(0.03)0.000.30
Total expenses2.360.450.460.350.310.430.300.33
EBITDA7.01(8.32)1.02(2.13)6.28(4.04)(0.71)1.20
EBITDA margin+74.8%+105.7%+68.9%+119.7%+95.3%+111.9%+173.2%+78.4%
Depreciation0.080.080.080.080.080.080.010.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax6.97(8.35)0.94(2.20)6.19(4.15)(0.72)1.50
Tax2.83(2.80)0.99(4.24)4.45(1.12)(0.20)0.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue(1.58)2.3217.381.867.3111.651.23
Revenue growth-168.1%-86.7%+834.4%-74.6%-37.3%+847.2%-
Other income0.050.520.140.291.810.490.16
Total expenses1.591.351.401.201.211.061.78
Employee cost0.900.800.830.700.770.700.70
EBITDA(3.17)0.9715.980.666.1010.59(0.55)
EBITDA margin+200.6%+41.8%+91.9%+35.5%+83.5%+90.9%-44.7%
Depreciation0.320.100.010.010.030.030.03
Interest0.000.000.000.000.000.000.00
Profit before tax(3.44)1.3916.110.947.8811.05(0.42)
Tax(1.61)0.173.820.341.701.50(0.51)
Net profit(1.83)1.2212.290.606.189.550.09
Net profit margin+115.8%+52.6%+70.7%+32.3%+84.5%+82.0%+7.3%
EPS (₹)(1.73)1.1611.730.575.899.100.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.4810.4810.4810.4810.4810.4810.48
Reserves & surplus96.7498.5499.2286.9287.5682.9373.38
Shareholders' funds (net worth)10710911097.4098.0493.4183.86
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities10710911097.4098.0493.4183.87
Assets
Gross block1.261.260.270.260.250.250.23
Net block0.721.030.140.140.140.170.18
Capital work in progress0.000.000.000.000.000.000.00
Investments17.3223.5427.6419.188.508.959.01
Inventories89.7588.2686.6768.7591.8684.5269.86
Sundry debtors0.330.060.1513.440.030.000.00
Cash & bank balances0.670.360.420.350.961.665.63
Loans & advances1.400.160.020.021.231.200.73
Total current assets92.1588.8487.2682.5694.0887.3876.22
Total current liabilities1.710.670.571.900.710.750.62
Net working capital90.4488.1786.6980.6693.3786.6375.60
Total assets10710911097.4098.0493.4183.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.100.220.080.150.180.150.10
Net cash from operating activities(1.60)0.11(2.28)(0.10)0.38(1.14)0.71
Net cash from investing activities1.951.662.421.291.151.171.23
Net cash from financing activities0.00(1.89)0.00(1.26)(1.57)0.00(1.89)
Net change in cash0.35(0.12)0.14(0.07)(0.04)0.030.05
Closing cash0.670.360.420.350.961.665.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-168.1%-86.7%+834.4%-74.6%-37.3%+847.2%-
EBITDA growth-426.8%-93.9%+2321.2%-89.2%-42.4%+2025.5%-
PBT growth--91.4%+1613.8%-88.1%-28.7%+9998.0%-
Net income growth-250.0%-90.1%+1948.3%-90.3%-35.3%--
Revenue CAGR (3Y)--31.8%+14.3%+14.8%+6.9%-44.9%-75.8%
EBITDA CAGR (3Y)--45.8%+14.7%-+8.1%+28.3%-55.6%
Profitability & leverage
Net income margin+115.8%+52.6%+70.7%+32.3%+84.5%+82.0%+7.3%
Return on capital employed-3.2%+1.3%+15.4%+0.9%+7.8%+11.2%-0.4%
Return on net worth-1.7%+1.1%+11.7%+0.6%+6.2%+9.6%+0.1%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover0.003.7166.118.4336.4850.586.04
Inventory turnover0.000.030.230.030.100.160.02
Debtors turnover0.0027.052.580.32608.000.0025.27
EPS (₹)(1.73)1.1611.730.575.899.100.08
Dividend per share (₹)0.000.001.800.001.201.500.00
Book value per share (₹)102.29104.01104.6692.9293.5389.1180.01

To see the full year-wise statements and ratios of TCFC Finance Limited, buy the company report.

Board of directors of TCFC Finance Limited

TCFC Finance has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dharmil Anil BodaniDirector26 Sep 201412 Years 1 MonthsCurrent
Tania Vijay Singh DeolManaging Director26 Aug 201016 Years 2 MonthsCurrent
Venkatesh Raghunath KamathDirector12 Jun 199828 Years 4 MonthsCurrent
Pranav S JasaniDirector29 Mar 20197 Years 6 MonthsCurrent
Ashish SinghDirector13 Feb 20242 Years 8 MonthsCurrent
Jaya VirwaniDirector13 Feb 20242 Years 8 MonthsCurrent

Peer comparison

TCFC Finance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shibir India Ltd₹17.66 Cr (FY 2019)416.0%Kolkata, West Bengal, India
Golechha Global Finance Limited₹17.49 Cr (FY 2024)-21.0%Kolkata, West Bengal, India
Libra Constructions & Finance Private Limited₹17.47 Cr (FY 2025)1046.0%Chennai, Tamil Nadu, India
Prayaan Capital Private Limited₹17.34 Cr (FY 2025)100.0%Chennai, Tamil Nadu, India

To see the full peer comparison of TCFC Finance Limited, buy the company report.

Auditor

TCFC Finance Limited is audited by GMJ & CO. for the financial year 2019.

Auditor firmFinancial yearFirm registration number
GMJ & CO.FY 2019103429W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 68.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.40% and retail and other public shareholders hold 31.60%.

Promoters: 68.00%DII (Domestic Institutional): 0.40%Retail & Others: 31.60%
Mar 2026
QUARTER
68.00% Promoters
0.40% DII (Domestic Institutional)
31.60% Retail & Others
Promoter holding - history
Now 68.00% · Mar 2026High 68.00% · Jun 2025Low 68.00% · Jun 2025
67%67.5%68%68.5%69%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 68.00%Sep 2025: 68.00%Dec 2025: 68.00%Mar 2026: 68.00%68.00%68.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters68.00%68.00%68.00%68.00%
Public32.00%32.00%32.00%32.00%

Deals & funding

TCFC Finance Limited has 16 deals on record (16 market trades); the latest was in February 2024.

Total deals
16
Market trades
16

Deals on record (5 of 16)

WhenDealAmountParties
Jul 2018Market trade₹37.4 LakhBuyer: 20Th Century Holdings Private Limited
Seller: an individual
Apr 2015Market trade₹68.8 LakhBuyer: 20Th Century Holdings Private Limited
Seller: HB Estate Developers Limited
Mar 2010Market trade₹44.4 LakhBuyer: Greenstone Investments Private Limited
Seller: Rrb Securities Ltd
Mar 2010Market trade₹59.5 LakhBuyer: Greenstone Investments Private Limited
Seller: Rrb Securities Ltd
Mar 2010Market trade₹61.1 LakhBuyer: Greenstone Investments Private Limited
Seller: Rrb Securities Ltd

To see the full deal history of TCFC Finance Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for TCFC Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

TCFC Finance has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

GST

TCFC Finance has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACR2710H1ZQMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of TCFC Finance Limited, buy the company report.

Recent activity

TCFC Finance Limited has 18 board changes on record since 1998: 12 appointments and 6 cessations. The latest: Vengendur Srikumar Srinivasan ceased to be Director on 01 Aug 2024.

Filing
Tcfc Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Tcfc Finance Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Vengendur Srikumar Srinivasan ceased to be Director.
Ceased
Atul Manubhai Desai ceased to be Director.
Appointed
Ashish Singh was appointed as Director.
Appointed
Jaya Virwani was appointed as Director.
Appointed
Pranav S Jasani was appointed as Director.
Appointed
Dharmil Anil Bodani was appointed as Director.
Ceased
Shrenik Uday Nagaonkar ceased to be Company Secretary.
Appointed
Tania Vijay Singh Deol was appointed as Managing Director.
Ceased
Davendra Ahuja Chetandas ceased to be Managing Director.
Appointed
Shrenik Uday Nagaonkar was appointed as Company Secretary.

9 earlier events are in the company report.

Frequently asked questions

TCFC Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 29 August 1990 (36+ years old) and is registered under CIN L65990MH1990PLC057923. Listed on BSE: 532284.

TCFC Finance has 6 current directors:

The latest financial statements of TCFC Finance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of TCFC Finance is 27AAACR2710H1ZQ, registered in Maharashtra.

The CIN (Corporate Identification Number) of TCFC Finance is L65990MH1990PLC057923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. TCFC Finance is a listed company as per MCA records. Its shares are listed on BSE (code: 532284).

TCFC Finance has 379 court cases on record: 357 filed by the company and 22 filed against it. 34 are pending. Most are in the district courts.

TCFC Finance was incorporated on 29 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

TCFC Finance has 16 deals on record (16 market trades); the latest was in February 2024.

The peers of TCFC Finance by revenue are Shibir India Ltd, Golechha Global Finance Limited, Libra Constructions & Finance Private Limited, Prayaan Capital Private Limited, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).

Vengendur Srikumar Srinivasan ceased to be Director on 01 Aug 2024. Atul Manubhai Desai ceased to be Director on 31 Mar 2024. Ashish Singh was appointed as Director on 13 Feb 2024. TCFC Finance has 18 board changes on record in total.