Practical Financial Services Private Limited

Full-service stock broking firm providing investment advice, trade execution, and various financial products to clients.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: December 15, 2024

Practical Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 9.45 Cr
  • Paid Up Capital ₹ 6.44 Cr
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -18.43%
  • Profit Growth -46.28%
  • Ebitda -150.96%
  • Net Worth -2.45%
  • Total Assets -2.89%

About Practical Financial Services

Practical Financial Services Private Limited (PFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 May 1990 and has a history of 34 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 9.45 Cr and a paid-up capital of Rs 6.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Marina Dsouza, Atul Kumar, Sujata Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1990PTC056450

  • Company No.

    056450

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Practical Financial Services Private Limited offer?

Practical Financial Services Private Limited offers a wide range of products and services, including Stock Trading/Money Market, Currency Trading Services.

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

Board Members (4)

NameDesignationAppointment DateStatus
Marina Dsouza Country flag representing In Director 31-Jan-2020Current
Atul Kumar Country flag representing In Director 01-Oct-2006Current
Sujata Kumar Country flag representing In Director 01-Apr-2003Current
Sevantilal Parekh Country flag representing In Director 16-Nov-2007Current

Financial Performance of Practical Financial Services.

Practical Financial Services Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 18.43% decrease. The company also saw a substantial fall in profitability, with a 46.28% decrease in profit. The company's net worth dipped by a decrease of 2.45%.

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
-18.43%
Revenue from Operations
-25.32%
Total Assets
-2.89%
Profit or Loss
-46.28%
Net Worth
-2.45%
EBITDA
-150.96%

What is the Ownership and Shareholding Structure of Practical Financial Services?

In 2019, Practical Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Practical Financial Services?

Unlock and access historical data on people associated with Practical 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 Practical 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 Practical 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 Practical Financial Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Practical Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Marina Alistair Dsouza was appointed as a Director was appointed as a Director on 31 Jan 2020 & has been associated with this company since 5 years .

    31 Jan 2020

  • Director Appointment

    Sevantilal Jivanlal Parekh was appointed as a Director was appointed as a Director on 16 Nov 2007 & has been associated with this company since 17 years 2 months .

    16 Nov 2007

  • Director Appointment

    Atul Sharad Kumar was appointed as a Director was appointed as a Director on 01 Oct 2006 & has been associated with this company since 18 years 4 months .

    01 Oct 2006

  • Director Appointment

    Sujata Parekh Kumar was appointed as a Director was appointed as a Director on 01 Apr 2003 & has been associated with this company since 21 years 10 months .

    01 Apr 2003

Frequently asked questions

  • Practical Financial Services Private Limited was incorporated on 08 May 1990.

  • The authorized share capital of Practical Financial Services Private Limited is ₹ 9.45 Cr and paid-up capital is ₹ 6.44 Cr.

  • Currently 4 directors are associated with Practical Financial Services Private Limited.

    • Marina Alistair Dsouza
    • Atul Sharad Kumar
    • Sujata Parekh Kumar
    • Sevantilal Jivanlal Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Practical Financial Services Private Limited is United India Bldgsir P M Road Fort, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Practical Financial Services Private Limited is U65990MH1990PTC056450 and the company number is 056450 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Practical Financial Services Private Limited is https://www.practicalfinancial.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Practical Financial Services Private Limited has fallen by -18.43%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Practical Financial Services Private Limited has experienced an downturn of -2.45%.

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

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