About V B Desai Financial Services Ltd
Data last updated: 14 July 2026
V B Desai Financial Services Ltd is a public limited company based in Mumbai, Maharashtra, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 21 August 1985, the company has been in operation for over 41 years.
Registered with ROC Mumbai under CIN U74120MH1985PLC037218. Listed on BSE: 511110.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.53 Cr. It is led by directors including Hemendra Jitendra Shroff and Rachana Shashank Vijayakar.
Last AGM: 09 September 2025. Financial statements filed for year ended 31 March 2025. Office: Cama Building 1St Floor24/26 Dalal Street, Mumbai, Maharashtra, India – 400001.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹2.84 Cr, a growth of 0.27% compared to the previous year. The net worth stands at ₹12.92 Cr (up 7.21% YoY). Total assets are valued at ₹13.5 Cr (up 6.83% YoY).
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vbdesai.com.
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Registered AddressCama Building 1St Floor24/26 Dalal Street, Mumbai, Maharashtra, India – 400001
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of V B Desai Financial Services Ltd
V B Desai Financial Services Ltd has one previous CIN (Corporate Identification Number): U74120MH1985PLC037218. The current CIN is L74120MH1985PLC037218, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74120MH1985PLC037218 | Current |
| U74120MH1985PLC037218 | Previous |
Business Activity of V B Desai Financial Services Ltd
V B Desai Financial Services Ltd is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for V B Desai Financial Services Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of V B Desai Financial Services Ltd
V B Desai Financial Services Ltd is audited by N.S. SHETTY & CO. (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| N.S. SHETTY & CO. (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of V B Desai Financial Services Ltd
V B Desai Financial Services Ltd is currently managed by 8 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of V B Desai Financial Services Ltd FY 2026 filings available
V B Desai Financial Services Ltd reported revenue of ₹2.84 Cr (up 0.27% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.84 Cr | ₹2.83 Cr | ₹3.12 Cr | ₹2.49 Cr | ₹2.66 Cr | ₹2.01 Cr | ₹2.49 Cr | ₹2.12 Cr |
| Other Income | ₹1.1 Cr | ₹49.74 Lakh | ₹18.16 Lakh | ₹28.39 Lakh | ₹15.48 Lakh | ₹14.31 Lakh | ₹10.83 Lakh | ₹6.99 Lakh |
| Total Income | ₹3.94 Cr | ₹3.33 Cr | ₹3.3 Cr | ₹2.77 Cr | ₹2.81 Cr | ₹2.16 Cr | ₹2.6 Cr | ₹2.19 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹52.9 Lakh | ₹48.23 Lakh | ₹47.19 Lakh | ₹46.18 Lakh | ₹42.66 Lakh | ₹35.23 Lakh | ₹36.73 Lakh | ₹36.24 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹60,000 | ₹34,000 | ₹13,000 | ₹82,000 | ₹65,000 | ₹64,000 | ₹2.46 Lakh | ₹3.48 Lakh |
| Other Expenses | ₹2.23 Cr | ₹2.07 Cr | ₹2.21 Cr | ₹1.86 Cr | ₹1.89 Cr | ₹1.48 Cr | ₹1.49 Cr | ₹1.28 Cr |
| Total Expenses | ₹2.77 Cr | ₹2.56 Cr | ₹2.68 Cr | ₹2.33 Cr | ₹2.32 Cr | ₹1.84 Cr | ₹1.88 Cr | ₹1.68 Cr |
| Profit Before Exceptional Items & Tax | ₹1.17 Cr | ₹76.81 Lakh | ₹61.93 Lakh | ₹44.41 Lakh | ₹48.76 Lakh | ₹31.76 Lakh | ₹71.17 Lakh | ₹51.79 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.17 Cr | ₹76.81 Lakh | ₹61.93 Lakh | ₹44.41 Lakh | ₹48.76 Lakh | ₹31.76 Lakh | ₹71.17 Lakh | ₹51.79 Lakh |
| Total Tax Expense | ₹29.9 Lakh | ₹20.94 Lakh | ₹15.21 Lakh | ₹13.44 Lakh | ₹12.92 Lakh | ₹12.35 Lakh | ₹12.05 Lakh | ₹6.41 Lakh |
| Net Profit | ₹86.9 Lakh | ₹55.87 Lakh | ₹46.72 Lakh | ₹30.97 Lakh | ₹35.84 Lakh | ₹19.41 Lakh | ₹59.12 Lakh | ₹45.38 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹8.87 Lakh |
| Total Comprehensive Income | ₹86.9 Lakh | ₹55.87 Lakh | ₹46.72 Lakh | ₹30.97 Lakh | ₹35.84 Lakh | ₹19.41 Lakh | ₹59.12 Lakh | ₹36.51 Lakh |
| EBITDA (computed) | ₹1.17 Cr | ₹77.15 Lakh | ₹62.06 Lakh | ₹45.23 Lakh | ₹49.41 Lakh | ₹32.4 Lakh | ₹73.63 Lakh | ₹55.27 Lakh |
| Basic EPS | ₹1.92 | ₹1.23 | ₹1.03 | ₹0.68 | ₹0.79 | ₹0.43 | ₹1.31 | ₹1.00 |
| Diluted EPS | ₹1.92 | ₹1.23 | ₹1.03 | ₹0.68 | ₹0.79 | ₹0.43 | ₹1.31 | ₹1.00 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹13.5 Cr | ₹12.64 Cr | ₹12.19 Cr | ₹11.58 Cr | ₹11.3 Cr | ₹10.86 Cr | ₹10.69 Cr | ₹10.15 Cr |
| Non-current Assets | ₹10.98 Cr | ₹10.97 Cr | ₹10.9 Cr | ₹10.73 Cr | ₹10.58 Cr | ₹10.08 Cr | ₹9.86 Cr | ₹9.66 Cr |
| Current Assets | ₹2.52 Cr | ₹1.66 Cr | ₹1.29 Cr | ₹84.99 Lakh | ₹71.95 Lakh | ₹78.43 Lakh | ₹82.72 Lakh | ₹48.94 Lakh |
| Property, Plant & Equipment | ₹3.64 Lakh | ₹3.56 Lakh | ₹29,000 | ₹42,000 | ₹82,000 | ₹1.46 Lakh | ₹2.11 Lakh | ₹4.57 Lakh |
| Inventories | ₹1.74 Lakh | ₹1.53 Lakh | ₹0 | ₹1.06 Lakh | ₹1.03 Lakh | ₹76,000 | ₹65,000 | ₹2.34 Lakh |
| Trade Receivables | ₹32.2 Lakh | ₹29.43 Lakh | ₹43.23 Lakh | ₹37.94 Lakh | ₹26.72 Lakh | ₹14.46 Lakh | ₹18.25 Lakh | ₹15.91 Lakh |
| Cash & Equivalents | ₹18.99 Lakh | ₹20.41 Lakh | ₹20.2 Lakh | ₹7.14 Lakh | ₹20.34 Lakh | ₹8.95 Lakh | ₹10.75 Lakh | ₹12.25 Lakh |
| Equity (Net Worth) | ₹12.92 Cr | ₹12.05 Cr | ₹11.49 Cr | ₹11.02 Cr | ₹10.71 Cr | ₹10.35 Cr | ₹10.16 Cr | ₹9.57 Cr |
| Equity Share Capital | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹30.15 Lakh | ₹31.36 Lakh | ₹69.95 Lakh | ₹52.93 Lakh | ₹41.43 Lakh | ₹23.08 Lakh | ₹25.01 Lakh | ₹30.61 Lakh |
| Total Liabilities | ₹58.53 Lakh | ₹59.06 Lakh | ₹69.95 Lakh | ₹55.95 Lakh | ₹59.01 Lakh | ₹51 Lakh | ₹52.93 Lakh | ₹58.53 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹26.03 Lakh | -₹8.31 Cr | ₹48.14 Lakh | -₹13.59 Lakh | ₹59.44 Lakh |
| Investing Cash Flow | -₹12.18 Lakh | ₹8.49 Cr | -₹15.78 Lakh | ₹43,000 | -₹48.01 Lakh |
| Financing Cash Flow | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹68,000 | ₹3.61 Lakh | ₹0 | -₹42,000 | ₹0 |
| Free Cash Flow (computed) | ₹25.35 Lakh | -₹8.35 Cr | ₹48.14 Lakh | -₹14.01 Lakh | ₹59.44 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹13.85 Lakh | ₹17.4 Lakh | ₹32.36 Lakh | -₹13.16 Lakh | ₹11.43 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹62.4 Lakh | ₹56.85 Lakh | ₹68.12 Lakh | ₹96.46 Lakh | ₹70.81 Lakh | ₹62.03 Lakh | ₹72.9 Lakh | ₹77.32 Lakh |
| Other Income | ₹26.93 Lakh | ₹27.68 Lakh | ₹28.15 Lakh | ₹26.99 Lakh | ₹27.7 Lakh | ₹12.28 Lakh | ₹4.75 Lakh | ₹5.01 Lakh |
| Total Income | ₹89.33 Lakh | ₹84.53 Lakh | ₹96.27 Lakh | ₹1.23 Cr | ₹98.51 Lakh | ₹74.31 Lakh | ₹77.65 Lakh | ₹82.33 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹14.79 Lakh | ₹14.49 Lakh | ₹11.75 Lakh | ₹11.87 Lakh | ₹11.99 Lakh | ₹13.87 Lakh | ₹8.97 Lakh | ₹11.25 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹17,000 | ₹14,000 | ₹15,000 | ₹14,000 | ₹14,000 | ₹13,000 | ₹4,000 | ₹3,000 |
| Other Expenses | ₹46.82 Lakh | ₹39.73 Lakh | ₹52.33 Lakh | ₹84.4 Lakh | ₹55.92 Lakh | ₹43.82 Lakh | ₹55.92 Lakh | ₹53.91 Lakh |
| Total Expenses | ₹61.78 Lakh | ₹54.36 Lakh | ₹64.23 Lakh | ₹96.41 Lakh | ₹68.05 Lakh | ₹57.82 Lakh | ₹64.93 Lakh | ₹65.19 Lakh |
| Profit Before Exceptional Items & Tax | ₹27.55 Lakh | ₹30.17 Lakh | ₹32.04 Lakh | ₹27.04 Lakh | ₹30.46 Lakh | ₹16.49 Lakh | ₹12.72 Lakh | ₹17.14 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹27.55 Lakh | ₹30.17 Lakh | ₹32.04 Lakh | ₹27.04 Lakh | ₹30.46 Lakh | ₹16.49 Lakh | ₹12.72 Lakh | ₹17.14 Lakh |
| Total Tax Expense | ₹6.96 Lakh | ₹8.02 Lakh | ₹8.16 Lakh | ₹6.76 Lakh | ₹10.83 Lakh | ₹2.04 Lakh | ₹3.32 Lakh | ₹4.75 Lakh |
| Net Profit | ₹20.59 Lakh | ₹22.15 Lakh | ₹23.88 Lakh | ₹20.28 Lakh | ₹19.63 Lakh | ₹14.45 Lakh | ₹9.4 Lakh | ₹12.39 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹20.59 Lakh | ₹22.15 Lakh | ₹23.88 Lakh | ₹20.28 Lakh | ₹19.63 Lakh | ₹14.45 Lakh | ₹9.4 Lakh | ₹12.39 Lakh |
| EBITDA (computed) | ₹27.72 Lakh | ₹30.31 Lakh | ₹32.19 Lakh | ₹27.18 Lakh | ₹30.6 Lakh | ₹16.62 Lakh | ₹12.76 Lakh | ₹17.17 Lakh |
| Basic EPS | ₹0.45 | ₹0.49 | ₹0.52 | ₹0.45 | ₹0.43 | ₹0.32 | ₹0.21 | ₹0.27 |
| Diluted EPS | ₹0.45 | ₹0.49 | ₹0.52 | ₹0.45 | ₹0.43 | ₹0.32 | ₹0.21 | ₹0.27 |
Charges & Borrowings of V B Desai Financial Services Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 1989 | Canara Bank | ₹50 Lakh | Open |
| 02 May 1989 | Allahabad Bank | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at V B Desai Financial Services Ltd
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Employee and EPFO history for V B Desai Financial Services Ltd
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GST Compliance of V B Desai Financial Services Ltd
GST registrations and filing compliance for V B Desai Financial Services Ltd
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Credit Ratings, Litigation & Regulatory Alerts for V B Desai Financial Services Ltd
Credit ratings, litigation, and regulatory alerts for V B Desai Financial Services Ltd
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MSME Payment Delays by V B Desai Financial Services Ltd
MSME payment history for V B Desai Financial Services Ltd
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Subsidiaries & Group Companies of V B Desai Financial Services Ltd
Corporate group structure for V B Desai Financial Services Ltd
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MCA Filings & Documents of V B Desai Financial Services Ltd
MCA filings and documents for V B Desai Financial Services Ltd
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Recent Activity on V B Desai Financial Services Ltd
Frequently Asked Questions about V B Desai Financial Services Ltd
V B Desai Financial Services Ltd is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 21 August 1985 (41+ years old) and is registered under CIN L74120MH1985PLC037218. Listed on BSE: 511110.
V B Desai Financial Services Ltd reported revenue of ₹2.84 Cr for FY 2026 (up 0.27% YoY) based on standalone BSE filings.
The current directors of V B Desai Financial Services Ltd are:
- Hemendra Jitendra Shroff - Director
- Rachana Shashank Vijayakar - Director
- Nilesh Ramanlal Doshi - Director
- Sanjay Natvarlal Kapadia - Director
- Jitendra Ratilal Shroff - Director
- Pradip Ratilal Shroff - Managing Director
- Manoj Thakorlal Shroff - Director
- Sagar Yadav - Director
The primary industry of V B Desai Financial Services Ltd is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Yes. V B Desai Financial Services Ltd is listed on BSE with code 511110.
V B Desai Financial Services Ltd can be reached at the registered office: Cama Building 1St Floor2426 Dalal Street, Mumbai, Maharashtra, India – 400001, or through the website vbdesai.com.