V B Desai Financial Services Ltd - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L74120MH1985PLC037218 Incorporated 21 August 1985 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 511110 Public Limited Company financial services
Data last updated
Revenue · FY 2026
₹2.84 Cr
▲ 0.27% YoY
Computed EBITDA · FY 2026
₹1.17 Cr
▲ 52.17% YoY
Net profit · FY 2026
₹86.9 Lakh
▲ 55.54% YoY
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.53 Cr
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹1 Cr
Company age
41 yrs
Est. 1985
Last financials
Mar 2025
Balance sheet date

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.

Company Details of V B Desai Financial Services Ltd
CIN L74120MH1985PLC037218
Registration Number 037218
Incorporation Date 21 August 1985
ROC Mumbai
Listing Status Listed (BSE: 511110)
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
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  • Telephone
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  • Website
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  • Social Media
    Locked
  • Registered Address
    Cama Building 1St Floor24/26 Dalal Street, Mumbai, Maharashtra, India – 400001
  • Industry
    Financial Services, Diversified Financial Services
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Financials, compliance, directors, charges, ownership and filings for V B Desai Financial Services Ltd in one report.

10-year financials Directors & ownership Charges & compliance

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
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Business activity turnover details for V B Desai Financial Services Ltd

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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.

Current Directors
Name Designation Appointment Date Tenure Status
Hemendra Jitendra Shroff Director 07 May 2014 12 Years 2 Months Current
Rachana Shashank Vijayakar Director 30 May 2014 12 Years 1 Months Current
Nilesh Ramanlal Doshi Director 23 Apr 2019 7 Years 2 Months Current
Sanjay Natvarlal Kapadia Director 20 May 2022 4 Years 2 Months Current
Jitendra Ratilal Shroff Director 20 May 2022 4 Years 2 Months Current
Pradip Ratilal Shroff Managing Director 28 Jun 2008 18 Years 0 Months Current
Showing 6 of 8 current directors. View all directors

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.

Revenue · FY 2026
₹2.84 Cr ▲ 0.27%
Profit · FY 2026
₹86.9 Lakh ▲ 55.54%
Computed EBITDA · FY 2026
₹1.17 Cr ▲ 52.17%
Revenue₹ Cr · Standalone024FY 2019: ₹2 Cr2.1FY 2019FY 2020: ₹2 Cr · +17.1% YoY2.5+17.1%FY 2020FY 2021: ₹2 Cr · -19% YoY2-19%FY 2021FY 2022: ₹3 Cr · +31.9% YoY2.7+31.9%FY 2022FY 2023: ₹2 Cr · -6.5% YoY2.5-6.5%FY 2023FY 2024: ₹3 Cr · +25.5% YoY3.1+25.5%FY 2024FY 2025: ₹3 Cr · -9.3% YoY2.8-9.3%FY 2025FY 2026: ₹3 Cr · +0.3% YoY2.8+0.3%FY 2026
Net Profit₹ Cr · Standalone00.51FY 2019: ₹0 Cr0.5FY 2019FY 2020: ₹1 Cr · +30.3% YoY0.6+30.3%FY 2020FY 2021: ₹0 Cr · -67.2% YoY0.2-67.2%FY 2021FY 2022: ₹0 Cr · +84.6% YoY0.4+84.6%FY 2022FY 2023: ₹0 Cr · -13.6% YoY0.3-13.6%FY 2023FY 2024: ₹0 Cr · +50.9% YoY0.5+50.9%FY 2024FY 2025: ₹1 Cr · +19.6% YoY0.6+19.6%FY 2025FY 2026: ₹1 Cr · +55.5% YoY0.9+55.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year00.51Q1'25: ₹1 Cr0.8Q1'25Q2'25: ₹1 Cr0.7Q2'25Q3'25: ₹1 Cr0.6Q3'25Q4'25: ₹1 Cr0.7Q4'25Q1'26: ₹1 Cr · +24.8% YoY1+24.8%Q1'26Q2'26: ₹1 Cr · -6.6% YoY0.7-6.6%Q2'26Q3'26: ₹1 Cr · -8.4% YoY0.6-8.4%Q3'26Q4'26: ₹1 Cr · -11.9% YoY0.6-11.9%Q4'26
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 8 quarters shown.
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Charges & Borrowings of V B Desai Financial Services Ltd

Open charges
₹50 Lakh
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Canara Bank₹0.50 Cr
Latest charge details
DateLenderAmountStatus
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

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Credit Ratings, Litigation & Regulatory Alerts for V B Desai Financial Services Ltd

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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

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MSME payment history for V B Desai Financial Services Ltd

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Subsidiaries & Group Companies of V B Desai Financial Services Ltd

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Corporate group structure for V B Desai Financial Services Ltd

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MCA Filings & Documents of V B Desai Financial Services Ltd

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MCA filings and documents for V B Desai Financial Services Ltd

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Recent Activity on V B Desai Financial Services Ltd

Activity
09 Sep 2025
V B Desai Financial Services Ltd last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
V B Desai Financial Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Directors
25 Jul 2024
Sagar Yadav was appointed as a Director on 25 Jul 2024 & has been associated with this company since 1 year 11 months.
Directors
20 May 2022
Sanjay Natvarlal Kapadia was appointed as a Director on 20 May 2022 & has been associated with this company since 4 years 2 months.
Directors
20 May 2022
Jitendra Ratilal Shroff was appointed as a Director on 20 May 2022 & has been associated with this company since 4 years 2 months.
Directors
23 Apr 2019
Nilesh Ramanlal Doshi was appointed as a Director on 23 Apr 2019 & has been associated with this company since 7 years 2 months.

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:

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.

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