Fly Hi Financial Services Limited

Provides loan, leasing, and hire purchase services for various machinery, equipment, and properties.

1994 | Delhi (India) | Active
Last Updated: December 22, 2024

Fly Hi Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.09 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth 33.90%
  • Profit Growth -6024.55%
  • Ebitda -540.65%
  • Net Worth 8.58%
  • Total Assets -2.57%

About Fly Hi Financial Services

Fly Hi Financial Services Limited (FHFSL) is a Public Limited Indian Non-Government Company incorporated in India on 24 November 1994 and has a history of 30 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.09 Cr.

The company currently has active open charges totaling ₹5.00 M.

Sudhir Bhutani, Brijesh Parnami, and Shweta Aggarwal serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PLC062940

  • Company No.

    062940

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Fly Hi Financial Services?

Board Members (3)

Name Designation Appointment Date Status
Shweta Aggarwal Country flag representing In Director 13-May-2024 Current
Brijesh Parnami Country flag representing In Director 14-May-2021 Current
Sudhir Bhutani Country flag representing In Director 24-Nov-1994 Current

Financial Performance of Fly Hi Financial Services.

Fly Hi Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.9% increase. The company also saw a substantial fall in profitability, with a 6024.55% decrease in profit. The company's net worth moved up by a moderate rise of 8.58%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
33.90%
Revenue from Operations
-94.99%
Total Assets
-2.57%
Profit or Loss
-6024.55%
Net Worth
8.58%
EBITDA
-540.65%

What is the Ownership and Shareholding Structure of Fly Hi Financial Services?

In 2023, Fly Hi Financial Services had a promoter holding of 88.13% and a public holding of 11.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2024 Others ₹5.00 M Open

How Many Employees Work at Fly Hi Financial Services?

Unlock and access historical data on people associated with Fly Hi Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fly Hi Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fly Hi Financial Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fly Hi Financial Services

Recent activity within the organization

  • Annual General Meeting

    Fly Hi Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100965389 was registered on 02 Aug 2024.

    02 Aug 2024

  • Director Appointment

    Shweta Aggarwal was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 8 months 20 days .

    13 May 2024

  • Balance Sheet

    Fly Hi Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Brijesh Subhash Parnami was appointed as a Director was appointed as a Director on 14 May 2021 & has been associated with this company since 3 years 8 months .

    14 May 2021

  • Director Appointment

    Sudhir Kumar Bhutani was appointed as a Director was appointed as a Director on 24 Nov 1994 & has been associated with this company since 30 years 2 months .

    24 Nov 1994

Frequently asked questions

  • Fly Hi Financial Services Limited was incorporated on 24 Nov 1994.

  • The authorized share capital of Fly Hi Financial Services Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.09 Cr.

  • Currently 3 directors are associated with Fly Hi Financial Services Limited.

    • Sudhir Kumar Bhutani
    • Brijesh Subhash Parnami
    • Shweta Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fly Hi Financial Services Limited is 611 6Th Floor Pragati Tower Rajendra Place, India, Delhi, 110008.

  • The corporate identification number (CIN) of Fly Hi Financial Services Limited is U74899DL1994PLC062940 and the company number is 062940 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fly Hi Financial Services Limited is https://www.flyhifinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fly Hi Financial Services Limited has risen by 33.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fly Hi Financial Services Limited has experienced an upsurge of 8.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fly Hi Financial Services Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Fly Hi Financial Services Limited was filed with the ROC on 31 Mar 2024.

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