Times Finance Pvt Ltd
About Times Finance Pvt Ltd
Data last updated:
Times Finance Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65191WB1996PTC078680. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹56 Lakh and a paid-up capital of ₹55.23 Lakh. It is led by directors including Raghav Bihani and Rohit Bihani.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.71 Lakh, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹40.39 Lakh (net margin 46.6%) and EBITDA of ₹69.51 Lakh (EBITDA margin 80.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹9 Cr on record. Court records list 19 cases involving the company, including 19 filed by the company; 18 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Times Finance Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Dr. Naresh Sengupta Sarani, Formerly 3 Cooper Street Ground Floor, Kolkata, West Bengal, India – 700026
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Times Finance Pvt 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 Times 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 Times Finance Pvt Ltd, buy the company report.
Financials of Times Finance Pvt Ltd
FY 2024 filings availableTimes Finance Pvt Ltd reported revenue of ₹86.71 Lakh (up 128% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 128% growth in the latest year. EBITDA rose 273% 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 |
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| EBITDA | ₹69.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.39 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.2% | ||||
| Net Profit Margin | 46.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Times Finance Pvt Ltd, buy the company report.
Board of directors of Times Finance Pvt Ltd
Times Finance has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Bihani Also directs: Bihani Steel Processors Private Limited, Balaji Abasan Private Limited, Sarvoday Promoters Pvt Ltd and 5 more | Director | 20 Aug 2004 | 22 Years 2 Months | Current |
| Rohit Bihani Also directs: Bihani Steel Processors Private Limited, Balaji Abasan Private Limited, Sarvoday Promoters Pvt Ltd and 5 more | Director | 20 Aug 2004 | 22 Years 2 Months | Current |
| Shree Narayan Bihani Also directs: Bihani Steel Processors Private Limited, Balaji Abasan Private Limited, Sarvoday Promoters Pvt Ltd and 5 more | Director | 20 Aug 2004 | 22 Years 2 Months | Current |
Auditor
Times Finance Pvt Ltd is audited by R L MUNDHRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R L MUNDHRA & CO. | FY 2023 | 307051E |
Shareholding
The shareholding of Times Finance Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Times Finance Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2014 | 10515970 | Tata Capital Financial Services Limited | ₹4 Cr | Open | |
| 23 Jun 2014 | 10506378 | Yes Bank Limited | ₹5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Times Finance Pvt Ltd has 19 court cases on record: 19 filed by Times Finance. 18 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 18 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bikaner, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Pending |
| District court, Bikaner, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Pending |
| District court, Bikaner, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Pending |
| District court, Bikaner, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Pending |
| District court, Bikaner, Rajasthan | Court case (Complaint) | Filed by the company against an individual | Pending |
To see the full case history of Times Finance Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Times Finance Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Times Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Times Finance Pvt Ltd, buy the company report.
Recent activity
Times Finance Pvt Ltd has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Ashok Kumar Singh ceased to be Director on 05 Mar 2009.
Frequently asked questions
Times Finance is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 28 March 1996 (30+ years old) and is registered under CIN U65191WB1996PTC078680.
Times Finance has 3 current directors:
- Raghav Bihani - Director
- Rohit Bihani - Director
- Shree Narayan Bihani - Director
The latest financial statements of Times 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.
No. Times Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Times Finance is U65191WB1996PTC078680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Times Finance has 19 court cases on record: 19 filed by the company. 18 are pending. Most are in the district courts.
Times Finance was incorporated on 28 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashok Kumar Singh ceased to be Director on 05 Mar 2009. Pawan Kumar Agrawal ceased to be Director on 05 Mar 2009. Raghav Bihani was appointed as Director on 20 Aug 2004. Times Finance has 5 board changes on record in total.
The registered office of Times Finance is at 3 Dr. Naresh Sengupta Sarani, Formerly 3 Cooper Street Ground Floor, Kolkata, West Bengal, India – 700026.
Times Finance operates in the financial services industry, in the nbfc segment.
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