About Winro Commercial (India) Ltd
Data last updated:
Winro Commercial (India) Ltd 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 15 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51226MH1983PLC165499. Its GSTIN is 27AAACW2748Q1ZO (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 512022.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Ritesh Vijay Zaveri (Whole-Time Director) and Hetal Rajnikant Khalpada.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 209/210 Arcadia Building 2nd Floor Plot No. 195 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹139.55 Cr, a decline of 68.9% compared to the previous year. For the same year it recorded a net profit of ₹193.68 Cr (net margin 138.8%) and EBITDA of ₹128.2 Cr (EBITDA margin 91.9%). The net worth stands at ₹2,860.46 Cr (up 8.7% YoY). Total assets are valued at ₹2,860.46 Cr (up 7.9% YoY).
The company is associated with 1 brand: Winro Commercial. As per MCA filings, the company has open charges of ₹325 Cr and satisfied charges of ₹29.42 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending. The company has 2 deals on record (2 market trades); the latest was in March 2009. Its 7 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Quant Capital Finance and Investments Private Limited with revenue of ₹136.08 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 winrocommercial.com.
Company details
CIN history
Winro Commercial (India) has one previous CIN (Corporate Identification Number): U51226MH1983PLC165499. The current CIN is L51226MH1983PLC165499, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51226MH1983PLC165499 | Current |
| U51226MH1983PLC165499 | Previous |
Contact details
Winro Commercial (India) Ltd's registered office is in Mumbai, Maharashtra. Its website is winrocommercial.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address209/210 Arcadia Building 2nd Floor Plot No. 195 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Winro Commercial (India) 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
Brands
Winro Commercial (India) operates one associated brand: Winro Commercial. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers lending and investment services as a non-banking financial company. | winrocommercial.com |
Business activity
The main business activity of Winro Commercial (India) 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 Winro Commercial (India) Ltd, buy the company report.
Financials of Winro Commercial (India) Ltd
FY 2025-26 filings availableWinro Commercial (India) Ltd reported revenue of ₹139.55 Cr (down 68.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 140 | 448 | 441 | 134 | 179 | 92.22 | 9.42 |
| Revenue growth | -68.9% | +1.7% | +228.4% | -24.8% | +93.6% | +879.0% | - |
| EBITDA | 128 | 438 | 432 | 129 | 175 | 89.85 | (51.15) |
| EBITDA margin | +91.9% | +97.6% | +98.1% | +96.1% | +97.9% | +97.4% | -543.0% |
| Profit before tax | 125 | 426 | 425 | 118 | 172 | 87.57 | (51.28) |
| Net profit | 194 | 402 | 482 | 82.37 | 180 | 111 | (58.08) |
| Net profit margin | +138.8% | +89.6% | +109.3% | +61.4% | +100.6% | +120.5% | -616.6% |
| EPS (₹) | 1,546.21 | 3,209.28 | 3,846.25 | 657.71 | 1,434.98 | 887.58 | (463.81) |
| Balance sheet | |||||||
| Total assets | 2,860 | 2,651 | 1,969 | 1,302 | 1,334 | 769 | 395 |
| Net worth | 2,860 | 2,630 | 1,939 | 1,208 | 1,140 | 769 | 395 |
| Total debt | 0.00 | 20.15 | 30.00 | 93.84 | 194 | 0.00 | 0.04 |
| Cash & bank | 20.45 | 3.45 | 24.01 | 5.15 | 150 | 0.04 | 7.80 |
| Net working capital | 64.51 | 234 | 126 | 61.65 | 229 | 28.91 | 32.95 |
| Cash flow | |||||||
| Cash from operations | 79.07 | (113) | (57.25) | (32.80) | (33.16) | 79.39 | 43.51 |
| Cash from investing | (39.53) | 113 | 146 | 148 | (159) | (85.33) | (36.68) |
| Cash from financing | (22.55) | (20.98) | (69.75) | (110) | 192 | (1.81) | (0.02) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 295 | (90.46) | 34.67 | 123 | 72.44 | (30.25) | (29.69) | 326 |
| Revenue growth (YoY) | +307.5% | -199.0% | +216.8% | -62.3% | -60.3% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| EBITDA | 292 | (93.29) | 32.68 | 120 | 68.90 | (31.96) | (33.34) | 323 |
| EBITDA margin | +99.1% | +103.1% | +94.3% | +97.6% | +95.1% | +105.7% | +112.3% | +99.1% |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.06 |
| Interest | 0.01 | 0.37 | 0.82 | 0.83 | 0.54 | 1.97 | 2.94 | 4.36 |
| Profit before tax | 292 | (93.71) | 31.81 | 119 | 68.32 | (33.99) | (36.34) | 319 |
| Tax | 44.39 | (12.44) | 6.26 | 20.22 | 10.60 | (4.45) | (0.62) | 53.52 |
| Net profit | 248 | (81.27) | 25.55 | 98.80 | 57.72 | (29.54) | (35.72) | 265 |
| EPS (₹) | 3,704.66 | (1,055.46) | 489.34 | 1,321.08 | 1,041.09 | (204.28) | (542.76) | 2,580.94 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 140 | 448 | 441 | 134 | 179 | 92.22 | 9.42 |
| Revenue growth | -68.9% | +1.7% | +228.4% | -24.8% | +93.6% | +879.0% | - |
| EBITDA | 128 | 438 | 432 | 129 | 175 | 89.85 | (51.15) |
| EBITDA margin | +91.9% | +97.6% | +98.1% | +96.1% | +97.9% | +97.4% | -543.0% |
| Profit before tax | 125 | 426 | 425 | 118 | 172 | 87.57 | (51.28) |
| Net profit | 101 | 340 | 357 | 93.22 | 148 | 56.65 | (33.82) |
| Net profit margin | +72.3% | +75.8% | +81.1% | +69.4% | +83.0% | +61.4% | -359.0% |
| EPS (₹) | 804.86 | 2,715.86 | 2,853.23 | 744.30 | 1,183.28 | 452.35 | (270.11) |
| Balance sheet | |||||||
| Total assets | 2,777 | 2,666 | 2,049 | 1,344 | 1,369 | 778 | 399 |
| Net worth | 2,777 | 2,646 | 2,019 | 1,250 | 1,175 | 778 | 399 |
| Total debt | 0.00 | 20.15 | 30.00 | 93.84 | 194 | 0.00 | 0.04 |
| Cash & bank | 20.45 | 3.45 | 24.01 | 5.15 | 150 | 0.04 | 7.80 |
| Net working capital | 64.51 | 234 | 126 | 61.65 | 229 | 28.91 | 32.95 |
| Cash flow | |||||||
| Cash from operations | 79.07 | (113) | (57.25) | (32.80) | (33.16) | 79.39 | 43.51 |
| Cash from investing | (39.53) | 113 | 146 | 148 | (159) | (85.33) | (36.68) |
| Cash from financing | (22.55) | (20.98) | (69.75) | (110) | 192 | (1.81) | (0.02) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 295 | (90.46) | 34.67 | 123 | 72.44 | (30.25) | (29.69) | 326 |
| Revenue growth (YoY) | +307.5% | -199.0% | +216.8% | -62.3% | -60.3% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Total expenses | 2.79 | 2.83 | 1.99 | 3.00 | 3.54 | 1.71 | 3.65 | 2.89 |
| EBITDA | 292 | (93.29) | 32.68 | 120 | 68.90 | (31.96) | (33.34) | 323 |
| EBITDA margin | +99.1% | +103.1% | +94.3% | +97.6% | +95.1% | +105.7% | +112.3% | +99.1% |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.06 |
| Interest | 0.01 | 0.37 | 0.82 | 0.83 | 0.54 | 1.97 | 2.94 | 4.36 |
| Profit before tax | 292 | (93.71) | 31.81 | 119 | 68.32 | (33.99) | (36.34) | 319 |
| Tax | 44.39 | (12.44) | 6.26 | 20.22 | 10.60 | (4.45) | (0.62) | 53.52 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 295 | (90.46) | 34.67 | 123 | 72.44 | (30.25) | (29.69) | 326 |
| Revenue growth (YoY) | +307.5% | -199.0% | +216.8% | -62.3% | -60.3% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| EBITDA | 292 | (93.29) | 32.68 | 120 | 68.90 | (31.96) | (33.34) | 323 |
| EBITDA margin | +99.1% | +103.1% | +94.3% | +97.6% | +95.1% | +105.7% | +112.3% | +99.1% |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.06 |
| Interest | 0.01 | 0.37 | 0.82 | 0.83 | 0.54 | 1.97 | 2.94 | 4.36 |
| Profit before tax | 292 | (93.71) | 31.81 | 119 | 68.32 | (33.99) | (36.34) | 319 |
| Tax | 44.39 | (12.44) | 6.26 | 20.22 | 10.60 | (4.45) | (0.62) | 53.52 |
| Net profit | 248 | (81.27) | 25.55 | 98.80 | 57.72 | (29.54) | (35.72) | 265 |
| EPS (₹) | 3,704.66 | (1,055.46) | 489.34 | 1,321.08 | 1,041.09 | (204.28) | (542.76) | 2,580.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 140 | 448 | 441 | 134 | 179 | 92.22 | 9.42 |
| Revenue growth | -68.9% | +1.7% | +228.4% | -24.8% | +93.6% | +879.0% | - |
| Other income | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total expenses | 11.35 | 10.81 | 8.48 | 5.31 | 3.80 | 2.37 | 60.57 |
| Employee cost | 0.00 | 2.43 | 3.12 | 2.35 | 2.13 | 1.71 | 1.18 |
| EBITDA | 128 | 438 | 432 | 129 | 175 | 89.85 | (51.15) |
| EBITDA margin | +91.9% | +97.6% | +98.1% | +96.1% | +97.9% | +97.4% | -543.0% |
| Depreciation | 0.20 | 0.25 | 0.31 | 0.43 | 0.61 | 0.22 | 0.11 |
| Interest | 2.56 | 11.40 | 6.85 | 10.27 | 2.46 | 2.07 | 0.03 |
| Profit before tax | 125 | 426 | 425 | 118 | 172 | 87.57 | (51.28) |
| Tax | 24.63 | 85.89 | 67.87 | 25.04 | 23.50 | 30.92 | (17.46) |
| Net profit | 194 | 402 | 482 | 82.37 | 180 | 111 | (58.08) |
| Net profit margin | +138.8% | +89.6% | +109.3% | +61.4% | +100.6% | +120.5% | -616.6% |
| EPS (₹) | 1,546.21 | 3,209.28 | 3,846.25 | 657.71 | 1,434.98 | 887.58 | (463.81) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 |
| Reserves & surplus | 2,848 | 2,625 | 1,934 | 1,203 | 1,139 | 768 | 393 |
| Shareholders' funds (net worth) | 2,860 | 2,630 | 1,939 | 1,208 | 1,140 | 769 | 395 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 20.15 | 30.00 | 93.84 | 175 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 18.69 | 0.00 | 0.04 |
| Total debt | 0.00 | 20.15 | 30.00 | 93.84 | 194 | 0.00 | 0.04 |
| Total liabilities | 2,860 | 2,651 | 1,969 | 1,302 | 1,334 | 769 | 395 |
| Assets | |||||||
| Gross block | 2.52 | 3.13 | 2.96 | 2.93 | 2.92 | 2.90 | 0.91 |
| Net block | 0.46 | 1.11 | 1.18 | 1.47 | 1.89 | 2.48 | 0.71 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2,725 | 2,459 | 1,836 | 1,248 | 1,142 | 742 | 307 |
| Inventories | 43.67 | 211 | 104 | 56.95 | 0.10 | 23.44 | 17.91 |
| Sundry debtors | 6.38 | 11.03 | 26.86 | 1.01 | 0.83 | 1.38 | 1.81 |
| Cash & bank balances | 20.45 | 3.45 | 24.01 | 5.15 | 150 | 0.04 | 7.80 |
| Loans & advances | 2.88 | 13.50 | 2.19 | 0.18 | 82.83 | 5.06 | 5.74 |
| Total current assets | 73.38 | 239 | 157 | 63.29 | 234 | 29.92 | 33.26 |
| Total current liabilities | 8.87 | 5.71 | 30.90 | 1.64 | 4.93 | 1.01 | 0.31 |
| Net working capital | 64.51 | 234 | 126 | 61.65 | 229 | 28.91 | 32.95 |
| Total assets | 2,860 | 2,651 | 1,969 | 1,302 | 1,334 | 769 | 395 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.45 | 24.01 | 5.15 | 0.13 | 0.04 | 7.80 | 0.98 |
| Net cash from operating activities | 79.07 | (113) | (57.25) | (32.80) | (33.16) | 79.39 | 43.51 |
| Net cash from investing activities | (39.53) | 113 | 146 | 148 | (159) | (85.33) | (36.68) |
| Net cash from financing activities | (22.55) | (20.98) | (69.75) | (110) | 192 | (1.81) | (0.02) |
| Net change in cash | 17.00 | (20.56) | 18.86 | 5.02 | 0.09 | (7.76) | 6.82 |
| Closing cash | 20.45 | 3.45 | 24.01 | 5.15 | 150 | 0.04 | 7.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -68.9% | +1.7% | +228.4% | -24.8% | +93.6% | +879.0% | - |
| EBITDA growth | -70.7% | +1.2% | +235.3% | -26.2% | +94.5% | +275.7% | - |
| PBT growth | -70.6% | +0.2% | +259.6% | -31.1% | +96.1% | +9998.0% | - |
| Net income growth | -51.8% | -16.6% | +484.9% | -54.2% | +61.7% | +291.4% | - |
| Revenue CAGR (3Y) | +1.3% | +35.9% | +68.5% | +142.5% | +55.7% | +38.5% | -15.8% |
| EBITDA CAGR (3Y) | -0.2% | +35.8% | +68.8% | - | +57.3% | +42.1% | - |
| Profitability & leverage | |||||||
| Net income margin | +72.3% | +75.8% | +81.1% | +69.4% | +83.0% | +61.4% | -359.0% |
| Return on capital employed | - | +18.9% | +26.4% | +9.8% | +16.6% | +15.4% | -12.4% |
| Return on net worth | - | +14.9% | +22.7% | +7.9% | +15.5% | +9.7% | -8.2% |
| Debt / equity | - | 0.01 | 0.04 | 0.12 | 0.10 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.01 | 0.04 | 0.12 | 0.10 | 0.00 | 0.00 |
| Interest cover | 2.00 | 2.61 | 1.59 | 7.99 | 1.41 | 2.31 | -0.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 147.29 | 149.70 | 45.90 | 61.36 | 48.41 | 2.04 |
| Inventory turnover | - | 2.85 | 5.49 | 4.71 | 15.17 | 4.46 | 0.15 |
| Debtors turnover | - | 23.67 | 31.64 | 145.95 | 161.60 | 57.82 | 7.23 |
| EPS (₹) | 1,546.21 | 3,209.28 | 3,846.25 | 657.71 | 1,434.98 | 887.58 | (463.81) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 20,971.55 | 15,453.77 | 9,613.77 | 9,100.08 | 6,141.02 | 3,150.01 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 295 | (90.46) | 34.67 | 123 | 72.44 | (30.25) | (29.69) | 326 |
| Revenue growth (YoY) | +307.5% | -199.0% | +216.8% | -62.3% | -60.3% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Total expenses | 2.79 | 2.83 | 1.99 | 3.00 | 3.54 | 1.71 | 3.65 | 2.89 |
| EBITDA | 292 | (93.29) | 32.68 | 120 | 68.90 | (31.96) | (33.34) | 323 |
| EBITDA margin | +99.1% | +103.1% | +94.3% | +97.6% | +95.1% | +105.7% | +112.3% | +99.1% |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.06 |
| Interest | 0.01 | 0.37 | 0.82 | 0.83 | 0.54 | 1.97 | 2.94 | 4.36 |
| Profit before tax | 292 | (93.71) | 31.81 | 119 | 68.32 | (33.99) | (36.34) | 319 |
| Tax | 44.39 | (12.44) | 6.26 | 20.22 | 10.60 | (4.45) | (0.62) | 53.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 140 | 448 | 441 | 134 | 179 | 92.22 | 9.42 |
| Revenue growth | -68.9% | +1.7% | +228.4% | -24.8% | +93.6% | +879.0% | - |
| Other income | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total expenses | 11.35 | 10.81 | 8.48 | 5.31 | 3.80 | 2.37 | 60.57 |
| Employee cost | 0.00 | 2.43 | 3.12 | 2.35 | 2.13 | 1.71 | 1.18 |
| EBITDA | 128 | 438 | 432 | 129 | 175 | 89.85 | (51.15) |
| EBITDA margin | +91.9% | +97.6% | +98.1% | +96.1% | +97.9% | +97.4% | -543.0% |
| Depreciation | 0.20 | 0.25 | 0.31 | 0.43 | 0.61 | 0.22 | 0.11 |
| Interest | 2.56 | 11.40 | 6.85 | 10.27 | 2.46 | 2.07 | 0.03 |
| Profit before tax | 125 | 426 | 425 | 118 | 172 | 87.57 | (51.28) |
| Tax | 24.63 | 85.89 | 67.87 | 25.04 | 23.50 | 30.92 | (17.46) |
| Net profit | 101 | 340 | 357 | 93.22 | 148 | 56.65 | (33.82) |
| Net profit margin | +72.3% | +75.8% | +81.1% | +69.4% | +83.0% | +61.4% | -359.0% |
| EPS (₹) | 804.86 | 2,715.86 | 2,853.23 | 744.30 | 1,183.28 | 452.35 | (270.11) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 |
| Reserves & surplus | 2,776 | 2,645 | 2,017 | 1,248 | 1,174 | 777 | 397 |
| Shareholders' funds (net worth) | 2,777 | 2,646 | 2,019 | 1,250 | 1,175 | 778 | 399 |
| Secured loans | 0.00 | 20.15 | 30.00 | 93.84 | 175 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 18.69 | 0.00 | 0.04 |
| Total debt | 0.00 | 20.15 | 30.00 | 93.84 | 194 | 0.00 | 0.04 |
| Total liabilities | 2,777 | 2,666 | 2,049 | 1,344 | 1,369 | 778 | 399 |
| Assets | |||||||
| Gross block | 2.52 | 3.13 | 2.96 | 2.93 | 2.92 | 2.90 | 0.91 |
| Net block | 0.46 | 1.11 | 1.18 | 1.47 | 1.89 | 2.48 | 0.71 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2,772 | 2,602 | 2,003 | 1,344 | 1,230 | 789 | 326 |
| Inventories | 43.67 | 211 | 104 | 56.95 | 0.10 | 23.44 | 17.91 |
| Sundry debtors | 6.38 | 11.03 | 26.86 | 1.01 | 0.83 | 1.38 | 1.81 |
| Cash & bank balances | 20.45 | 3.45 | 24.01 | 5.15 | 150 | 0.04 | 7.80 |
| Loans & advances | 2.88 | 13.50 | 2.19 | 0.18 | 82.83 | 5.06 | 5.75 |
| Total current assets | 73.38 | 239 | 157 | 63.29 | 234 | 29.92 | 33.27 |
| Total current liabilities | 8.87 | 5.72 | 30.89 | 1.64 | 4.93 | 1.01 | 0.32 |
| Net working capital | 64.51 | 234 | 126 | 61.65 | 229 | 28.91 | 32.95 |
| Total assets | 2,777 | 2,666 | 2,049 | 1,344 | 1,369 | 778 | 399 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.45 | 24.01 | 5.15 | 0.13 | 0.04 | 7.80 | 0.98 |
| Net cash from operating activities | 79.07 | (113) | (57.25) | (32.80) | (33.16) | 79.39 | 43.51 |
| Net cash from investing activities | (39.53) | 113 | 146 | 148 | (159) | (85.33) | (36.68) |
| Net cash from financing activities | (22.55) | (20.98) | (69.75) | (110) | 192 | (1.81) | (0.02) |
| Net change in cash | 17.00 | (20.56) | 18.86 | 5.02 | 0.09 | (7.76) | 6.82 |
| Closing cash | 20.45 | 3.45 | 24.01 | 5.15 | 150 | 0.04 | 7.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -68.9% | +1.7% | +228.4% | -24.8% | +93.6% | +879.0% | - |
| EBITDA growth | -70.7% | +1.2% | +235.3% | -26.2% | +94.5% | +275.7% | - |
| PBT growth | -70.6% | +0.2% | +259.6% | -31.1% | +96.1% | +9998.0% | - |
| Net income growth | -70.4% | -4.8% | +283.4% | -37.1% | +161.6% | +267.5% | - |
| Revenue CAGR (3Y) | +1.3% | +35.9% | +68.5% | +142.5% | +76.6% | +38.5% | -15.8% |
| EBITDA CAGR (3Y) | -0.2% | +35.8% | +68.8% | - | +174.3% | +42.1% | - |
| Profitability & leverage | |||||||
| Net income margin | +72.3% | +75.8% | +81.1% | +69.4% | +83.0% | +61.4% | -359.0% |
| Return on capital employed | - | +18.6% | +25.5% | +9.5% | +16.2% | +15.2% | -13.3% |
| Return on net worth | - | +14.6% | +21.9% | +7.7% | +15.2% | +9.6% | -8.8% |
| Debt / equity | - | 0.01 | 0.04 | 0.12 | 0.10 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.01 | 0.04 | 0.11 | 0.09 | 0.00 | 0.00 |
| Interest cover | 2.00 | 2.61 | 1.59 | 7.99 | 1.41 | 2.31 | -0.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 147.29 | 149.70 | 45.90 | 61.36 | 48.41 | 10.36 |
| Inventory turnover | - | 2.85 | 5.49 | 4.71 | 15.17 | 4.46 | 0.15 |
| Debtors turnover | - | 23.67 | 31.64 | 145.95 | 161.60 | 57.82 | 7.67 |
| EPS (₹) | 804.86 | 2,715.86 | 2,853.23 | 744.30 | 1,183.28 | 452.35 | (270.11) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 21,126.53 | 16,116.32 | 9,977.31 | 9,383.22 | 6,211.84 | 3,182.29 |
To see the full year-wise statements and ratios of Winro Commercial (India) Ltd, buy the company report.
Board of directors of Winro Commercial (India) Ltd
Winro Commercial (India) has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Winro Commercial (India) Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Winro Commercial (India) Ltdthis company | ₹139.55 Cr (FY 2026) | ₹193.68 Cr | 138.8% | -68.9% | Mumbai, Maharashtra, India | |
| Quant Capital Finance and Investments Private Limited | ₹136.08 Cr (FY 2024) | 130.0% | Mumbai, Maharashtra, India | |||
| Easun Capital Markets Ltd | ₹135.24 Cr (FY 2024) | 1.0% | Kolkata, West Bengal, India | |||
| Raj Capital and Finance Pvt.Ltd. | ₹135.11 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Mount Intra Finance Pvt Ltd | ₹134.51 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Uc Inclusive Credit Private Limited | ₹134.1 Cr (FY 2025) | 40.0% | Bangalore, Karnataka, India | |||
| Amrit Malwa Capital Limited | ₹133.67 Cr (FY 2025) | 13.0% | Jalandhar, Punjab, India | |||
| Cimmco Vinimay Pvt Ltd | ₹132.39 Cr (FY 2023) | -80.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Winro Commercial (India) Ltd, buy the company report.
Auditor
Winro Commercial (India) Ltd is audited by AJAY SHOBHA & CO. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY SHOBHA & CO. | FY 2019 | 317031E |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 50.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 49.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 50.90% | 50.50% | 50.50% | 50.50% |
| Public | 49.10% | 49.50% | 49.50% | 49.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2023 | 100837398 | Others | ₹50 Cr | Open | |
| 10 Nov 2023 | 100817643 | Others | ₹100 Cr | Open | |
| 28 Sep 2020 | 100374781 | Others | ₹125 Cr | Open | |
| 17 Sep 2019 | 100291418 | Others | ₹50 Cr | Open | |
| 28 Apr 2022 | 100572166 | Tata Capital Financial Services Limited | ₹25 Cr | Satisfied |
To see the full charge records of Winro Commercial (India) Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Winro Commercial (India) Ltd has 2 deals on record (2 market trades); the latest was in March 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Market trade | ₹10.19 Cr | Buyer: Four Dimensions Securities (India) Limited Seller: Panna Lal C Kothari Huf, Singularity Holdings Limited , 2 individuals |
| Feb 2006 | Market trade | ₹90,000 | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Winro Commercial (India) Ltd has 10 court cases on record: 8 filed by Winro Commercial (India), 2 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 1 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Birla Power Solutions Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Birla Power Solutions Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Birla Power Solutions Ltd. and 4 others | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Pending |
| High Court, West Bengal | Court case (ITAT) | Filed by the company against Principal Commissioner of Income Tax 1 and Anr | Disposed |
To see the full case history of Winro Commercial (India) 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 Winro Commercial (India) Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Winro Commercial (India) has 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Winro Commercial (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2748Q1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Winro Commercial (India) Ltd, buy the company report.
Recent activity
Winro Commercial (India) Ltd has 26 board changes on record since 1994: 16 appointments and 10 cessations. The latest: Rohit Ashwin Kothari was appointed as Director on 30 May 2025.
27 earlier events are in the company report.
News
Frequently asked questions
Winro Commercial (India) 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 15 January 1983 (43+ years old) and is registered under CIN L51226MH1983PLC165499. Listed on BSE: 512022.
Winro Commercial (India) reported revenue of ₹139.55 Cr for FY 2025-26 (down 68.9% YoY) based on consolidated financials.
Winro Commercial (India) has 6 current directors:
- Ritesh Vijay Zaveri - Whole-Time Director
- Hetal Rajnikant Khalpada - Director
- Rupal Anand Vora - Director
- Sandeep Kumar Kejariwal - Director
- Vallabh Prasad Biyani - Director
- Rohit Ashwin Kothari - Director
The latest financial statements of Winro Commercial (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Winro Commercial (India) is 27AAACW2748Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Winro Commercial (India) is L51226MH1983PLC165499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Winro Commercial (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 512022).
Winro Commercial (India) has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Winro Commercial (India) was incorporated on 15 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Winro Commercial (India) has 2 deals on record (2 market trades); the latest was in March 2009.
The peers of Winro Commercial (India) by revenue are Quant Capital Finance and Investments Private Limited, Easun Capital Markets Ltd, Raj Capital and Finance Pvt.Ltd, Mount Intra Finance Pvt Ltd, Uc Inclusive Credit Private Limited and 2 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).