Savani Financials Limited

NBFC providing financial services, investing in securities and dealing with various entities since 1983.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated:

Savani Financials Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 27.60 Cr
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.10 Cr
  • Revenue Growth 10.26%
  • Profit Growth -2615.71%
  • Ebitda -2515.86%
  • Net Worth -95.15%
  • Total Assets 25.17%

About Savani Financials

Savani Financials Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 21 December 1983 and has a history of 41 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511577.

The Corporate was formerly known as Savani Investments & Leasing 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 38.00 Cr and a paid-up capital of Rs 27.60 Cr.

The company has closed loans amounting to ₹8.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Savani Financials Limited India are Darsh Mehta as Company Secretary, Jatinder Shah as Ceo, and Naresh Malavia as Cfo. Ajay Patadia, Deepa Tracy, Jitendra Negandhi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1983PLC031614

  • Company No.

    031614

  • Stock Symbol

    BSE : 511577

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1983

  • Date of AGM

    08 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Savani Financials?

Executive Team (4)

NameDesignationAppointment DateStatus
Deepa Tracy Country flag representing In Managing Director11-May-2012Current
Darsh Mehta Company Secretary20-Aug-2024Current
Jatinder Shah CEO22-Aug-2024Current
Naresh Malavia CFO20-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Purvi Ambani Country flag representing In Director 10-Apr-2024Current
Ajay Patadia Country flag representing In Director 29-May-2023Current
Jitendra Negandhi Country flag representing In Director 10-Apr-2024Current
Ravishankar Ramamoorthy Country flag representing In Director 10-Apr-2024Current
Vikrant Ponkshe Country flag representing In Director 02-Feb-2024Current

Financial Performance of Savani Financials.

Savani Financials Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 10.26% increase. The company also saw a substantial fall in profitability, with a 2615.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 95.15%.

Savani Financials revenue growth over time
Savani Financials 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
10.26%
Revenue from Operations
6.30%
Total Assets
25.17%
Profit or Loss
-2615.71%
Net Worth
-95.15%
EBITDA
-2515.86%

What is the Ownership and Shareholding Structure of Savani Financials?

In 2024, Savani Financials had a promoter holding of 57.18% and a public holding of 42.82%. 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

Satisfied Charges

₹8.10 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 4.60 Cr
  • Dena Bank : 1.50 Cr
  • Uco Bank : 1.00 Cr
  • United Commercial Bank : 0.50 Cr
  • State Bank Of Hyderabad : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 1995Central Bank Of India₹3.10 CrSatisfied
23 Nov 1994Central Bank Of India₹1.50 CrSatisfied
17 Mar 1994Dena Bank₹1.50 CrSatisfied
08 Nov 1993State Bank Of Hyderabad₹5.00 MSatisfied
30 Mar 1992Uco Bank₹1.00 CrSatisfied

How Many Employees Work at Savani Financials?

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

Employee growth trends for Savani Financials Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Savani Financials, 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 Savani Financials'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 Savani Financials

Recent activity within the organization

  • Director Appointment

    Jatinder Mohan Singh Shah was appointed as a Ceo was appointed as a Ceo on 22 Aug 2024 & has been associated with this company since 6 months 16 days .

  • Director Appointment

    Darsh Sunil Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 20 Aug 2024 & has been associated with this company since 6 months 18 days .

  • Director Appointment

    Naresh Bharat Malavia was appointed as a Cfo was appointed as a Cfo on 20 Aug 2024 & has been associated with this company since 6 months 18 days .

  • Annual General Meeting

    Savani Financials Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records.

  • Director Appointment

    Jitendra Laxmidas Negandhi was appointed as a Director was appointed as a Director on 10 Apr 2024 & has been associated with this company since 10 months 27 days .

  • Director Appointment

    Ravishankar Ramamoorthy was appointed as a Director was appointed as a Director on 10 Apr 2024 & has been associated with this company since 10 months 27 days .

Frequently asked questions

  • What is the Incorporation or founding date of Savani Financials Limited?

    Savani Financials Limited was incorporated on 21 Dec 1983.

  • What is authorized share capital and paid-up capital of Savani Financials Limited?

    The authorized share capital of Savani Financials Limited is ₹ 38.00 Cr and paid-up capital is ₹ 27.60 Cr.

  • Who are the current board members & directors of Savani Financials Limited?

    Currently 9 directors are associated with Savani Financials Limited.

    • Ajay Anantrai Patadia
    • Deepa Kishor Tracy
    • Jitendra Laxmidas Negandhi
    • Ravishankar Ramamoorthy
    • Purvi Ramesh Ambani
    • Vikrant Prabhakar Ponkshe
    • Darsh Sunil Mehta
    • Jatinder Mohan Singh Shah
    • Naresh Bharat Malavia

  • What is the registered address of Savani Financials Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Savani Financials Limited is 602 Samarth Vaibhav Co-Op Hsg Society Ltd. Off - Link Road Lokhandwala Complex, Andheri (West) India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Savani Financials Limited?

    The corporate identification number (CIN) of Savani Financials Limited is L67120MH1983PLC031614 and the company number is 031614 as per Ministry of Corporate Affairs (MCA).

  • Is Savani Financials Limited registered with any stock exchange in India?

    Yes, Savani Financials Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Savani Financials Limited?

    The Official website of Savani Financials Limited is https://www.savanifinancials.co.in

  • What has been the recent revenue trend for Savani Financials Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Savani Financials Limited has risen by 10.26%.

  • What change has been observed in the net worth of Savani Financials Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Savani Financials Limited has experienced an downturn of -95.15%.

  • When was the last Balance Sheet of Savani Financials Limited filed with the ROC?

    The most recent Balance Sheet for Savani Financials Limited was filed with the ROC on 31 Mar 2024.

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