Sakthifinance Financial Services Limited

Financial company providing locker and deposit services with a wide network and customer base.

1988 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Sakthifinance Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 4.91 Cr
  • Company Age 37 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.89 Cr
  • Satisfied Charges ₹ 28.36 Cr
  • Revenue Growth 8.83%
  • Profit Growth -56.29%
  • Ebitda -46.20%
  • Net Worth -22.66%
  • Total Assets 5.03%

About Sakthifinance Financial Services

Sakthifinance Financial Services Limited (SFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 March 1988 and has a history of 37 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sakthi Financial Services Limited. 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 8.00 Cr and a paid-up capital of Rs 4.91 Cr.

The company currently has active open charges totaling ₹5.89 Cr. The company has closed loans amounting to ₹28.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnaraj Vanavarayar, N Ravi, Balasubramaniam Mahalingam, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921TZ1988PLC002130

  • Company No.

    002130

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Board Members (10)

NameDesignationAppointment DateStatus
Suresh Kuppuswamy Country flag representing In Director 01-Feb-2022Current
Shivram Sethuraman Country flag representing In Director 06-Sep-2024Current
Ninan Vargis Country flag representing In Director 22-Feb-2018Current
Huzefa Sitabkhan Country flag representing In Director 21-Dec-2018Current
Krishnaraj Vanavarayar Country flag representing In Director 29-Mar-2006Current
N Ravi Country flag representing In Director 21-Jun-1999Current

Financial Performance of Sakthifinance Financial Services.

Sakthifinance Financial Services Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.83% increase. The company also saw a substantial fall in profitability, with a 56.29% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.66%.

Sakthifinance Financial Services revenue growth over time
Sakthifinance Financial Services 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
8.83%
Revenue from Operations
6.33%
Total Assets
5.03%
Profit or Loss
-56.29%
Net Worth
-22.66%
EBITDA
-46.20%

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

In 2023, Sakthifinance Financial Services had a public holding of 99.99%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.89 Cr

Satisfied Charges

₹28.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.09 Cr
  • Axis Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2023Others₹5.00 CrOpen
21 Mar 2014Others₹0.85 MOpen
02 Jan 2008Axis Bank Limited₹8.00 MOpen
03 Aug 2020Others₹5.00 CrSatisfied
08 May 2017Others₹2.33 CrSatisfied

How Many Employees Work at Sakthifinance Financial Services?

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

Employee growth trends for Sakthifinance Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sakthifinance 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 Sakthifinance 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 Sakthifinance Financial Services

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Shivram Sethuraman was appointed as a Director was appointed as a Director on 06 Sep 2024 & has been associated with this company since 6 months 21 days .

  • Director Appointment

    Balasubramaniam Senthilnathan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Jul 2024 & has been associated with this company since 8 months 3 days .

  • Balance Sheet

    Sakthifinance Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100826210 was registered on 20 Oct 2023.

  • Charges

    A charge registered on 03 Aug 2020 via Charge ID 100402199 with Others was fully satisfied on 20 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sakthifinance Financial Services Limited?

    Sakthifinance Financial Services Limited was incorporated on 10 Mar 1988.

  • What is authorized share capital and paid-up capital of Sakthifinance Financial Services Limited?

    The authorized share capital of Sakthifinance Financial Services Limited is ₹ 8.00 Cr and paid-up capital is ₹ 4.91 Cr.

  • Who are the current board members & directors of Sakthifinance Financial Services Limited?

    Currently 10 directors are associated with Sakthifinance Financial Services Limited.

    • Krishnaraj Shankar Vanavarayar
    • N V Ravi
    • Balasubramaniam Mahalingam
    • Suresh Kuppuswamy
    • Balasubramaniam Senthilnathan
    • Shruthi Balasubramaniam
    • Shivram Sethuraman
    • Ninan Vargis
    • Huzefa Fakhri Sitabkhan
    • Raj Pradip Shroff

  • What is the registered address of Sakthifinance Financial Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sakthifinance Financial Services Limited is 90Dr Nanjappa Road P B No 3745 India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Sakthifinance Financial Services Limited?

    The corporate identification number (CIN) of Sakthifinance Financial Services Limited is U65921TZ1988PLC002130 and the company number is 002130 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sakthifinance Financial Services Limited?

    The Official website of Sakthifinance Financial Services Limited is https://www.sffsl.in

  • What has been the recent revenue trend for Sakthifinance Financial Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sakthifinance Financial Services Limited has risen by 8.83%.

  • What change has been observed in the net worth of Sakthifinance Financial Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sakthifinance Financial Services Limited has experienced an downturn of -22.66%.

  • What are the total open charges for Sakthifinance Financial Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sakthifinance Financial Services Limited amount to ₹ 5.89 Cr.

  • When was the last Balance Sheet of Sakthifinance Financial Services Limited filed with the ROC?

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

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