Indian Company Master Data Made Simple
Kifs Financial Services Limited
Kifs Financial Services Limited has been active since 1995, providing more than 31 years of industry experience. Kifs Financial Services Limited is registered with CIN L67990GJ1995PLC025234 (reg. no. 25234). It is officially registered under the category of company limited by shares. Its authorized share capital is ₹11.00 crore. Paid-up capital currently stands at ₹10.82 crore.
Mainly engaged in activities auxiliary to financial intermediation. The company’s registration location is Ahmedabad. Kifs Financial Services Limited’s registered office is at 4th Floor, Kifs Corporate House, Nr.land Mark Hotel, Nr. Neptune House, Iskon-ambli Road, Bodakdev, Ahmedabad, Ahmadabad City, Gujarat, India, 380054. The company maintains an active registration. The Permanent Account Number assigned to the company is AAACK6203E. According to the LEI registry, the company’s code is 335800EP4QDHDL8QXB50. For inquiries or official matters, please email cs@kifs.co.in. The leadership team includes Bhavik J Shah (CFO).
Company Overview
- CIN
- Date of Incorporation
- 29/03/1995
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2023
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹11,00,00,000.00
- Paid up Capital
- ₹10,81,80,000.00
- Activity
- ACTIVITIES AUXILIARY TO FINANCIAL INTERMEDIATION
- cs@kifs.co.in
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAACK6203E1Z5 | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8902D01012 | KIFS FINANCIAL SERVICES LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | KIFS FIN SRV/SH VTG | ESVUFN |
| INE902D01013 | KIFS FINANCIAL SERVICES LIMITED EQ | - | 12/10/2026 | KIFS FIN SRV/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹183.11L | ₹102.68L | ₹149.22L | ₹110.94L | ₹0.00L |
| Net Debt | ₹35,866.42L | ₹15,529.00L | ₹23,217.88L | ₹26,895.88L | ₹0.00L |
| Gross PPE | ₹357.85L | ₹288.43L | ₹288.42L | ₹199.26L | ₹0.00L |
| Total Debt | ₹38,182.52L | ₹33,205.02L | ₹24,493.51L | ₹26,448.63L | ₹0.00L |
| Common Stock | ₹1,081.80L | ₹1,081.80L | ₹1,081.80L | ₹1,081.80L | ₹0.00L |
| Current Debt | ₹38,182.52L | ₹33,205.02L | ₹24,493.51L | ₹26,448.63L | ₹0.00L |
| Share Issued | ₹108.18L | ₹108.18L | ₹108.18L | ₹108.18L | ₹0.00L |
| Total Assets | ₹45,108.08L | ₹39,378.85L | ₹30,184.32L | ₹31,527.27L | ₹0.00L |
| Capital Stock | ₹1,081.80L | ₹1,081.80L | ₹1,081.80L | ₹1,081.80L | ₹0.00L |
| Long Term Debt | ₹38,182.52L | ₹33,205.02L | ₹24,493.50L | ₹26,448.63L | ₹0.00L |
| Current Assets | ₹43,765.47L | ₹38,094.47L | ₹26,672.89L | ₹30,975.96L | ₹0.00L |
| Prepaid Assets | ₹9.67L | ₹10.06L | ₹13.04L | ₹19.52L | ₹0.00L |
| Working Capital | ₹4,994.94L | ₹4,187.80L | ₹1,534.73L | ₹4,062.04L | ₹0.00L |
| Invested Capital | ₹44,520.07L | ₹38,906.26L | ₹29,539.68L | ₹30,929.23L | ₹0.00L |
| Other Properties | ₹183.10L | ₹102.67L | ₹149.22L | ₹110.93L | ₹0.00L |
| Retained Earnings | ₹3,358.85L | ₹2,882.26L | ₹2,388.49L | ₹1,965.25L | ₹0.00L |
| Common Stock Equity | ₹6,337.55L | ₹5,701.24L | ₹5,046.17L | ₹4,480.60L | ₹0.00L |
| Net Tangible Assets | ₹6,337.52L | ₹5,701.21L | ₹5,046.14L | ₹4,480.57L | ₹0.00L |
| Tangible Book Value | ₹6,337.52L | ₹5,701.21L | ₹5,046.14L | ₹4,480.57L | ₹0.00L |
| Current Liabilities | ₹38,770.53L | ₹33,677.61L | ₹25,138.16L | ₹26,913.92L | ₹0.00L |
| Long Term Provisions | ₹382.49L | ₹331.40L | ₹329.42L | ₹132.75L | ₹0.00L |
| Stockholders Equity | ₹6,337.55L | ₹5,701.24L | ₹5,046.17L | ₹4,480.60L | ₹0.00L |
| Other Equity Interest | ₹5,255.75L | ₹4,619.44L | ₹3,964.37L | -₹0.01L | ₹0.00L |
| Total Capitalization | ₹6,337.55L | ₹5,701.24L | ₹5,046.17L | ₹4,480.60L | ₹0.00L |
| Ordinary Shares Number | ₹108.18L | ₹108.18L | ₹108.18L | ₹108.18L | ₹0.00L |
| Other Intangible Assets | ₹0.03L | ₹0.03L | ₹0.03L | ₹0.03L | ₹0.00L |
| Total Non Current Assets | ₹1,342.61L | ₹1,513.45L | ₹3,511.44L | ₹551.32L | ₹0.00L |
| Cash And Cash Equivalents | ₹2,316.10L | ₹17,676.02L | ₹1,275.63L | -₹447.25L | ₹0.00L |
| Accumulated Depreciation | -₹174.74L | -₹185.75L | -₹139.20L | -₹88.32L | ₹0.00L |
| Additional Paid In Capital | ₹486.81L | ₹486.81L | ₹486.81L | ₹486.81L | ₹0.00L |
| Other Short Term Investments | ₹2,315.51L | ₹17,675.43L | ₹1,275.17L | -₹447.68L | ₹0.00L |
| Other Non Current Liabilities | ₹202.18L | ₹137.77L | -₹0.01L | ₹155.09L | ₹0.00L |
| Machinery Furniture Equipment | ₹357.85L | ₹288.43L | ₹288.42L | ₹199.26L | ₹0.00L |
| Derivative Product Liabilities | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.03L | ₹0.03L | ₹0.03L | ₹0.03L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹6,337.55L | ₹5,701.24L | ₹5,046.17L | ₹4,480.60L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹38,770.53L | ₹33,677.61L | ₹25,138.15L | ₹27,046.67L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹38,182.52L | ₹33,205.02L | ₹24,493.51L | ₹26,448.63L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹38,182.52L | ₹33,205.02L | ₹24,493.50L | ₹26,448.63L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹2,316.10L | ₹17,676.02L | ₹1,275.63L | -₹447.25L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹0.00L | ₹0.00L | -₹0.01L | ₹132.75L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹15,615.08L | ₹14,760.00L | ₹4,838.45L | -₹798.65L | ₹0.00L |
| Changes In Cash | -₹15,359.91L | ₹16,400.39L | ₹1,722.89L | -₹944.69L | ₹0.00L |
| End Cash Position | ₹2,316.10L | ₹17,676.02L | ₹1,275.63L | -₹447.25L | ₹0.00L |
| Financing Cash Flow | -₹162.27L | -₹151.45L | -₹146.04L | -₹146.04L | ₹0.00L |
| Investing Cash Flow | ₹258.86L | ₹1,791.84L | -₹3,058.68L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | -₹15,456.50L | ₹14,760.00L | ₹4,927.61L | -₹798.65L | ₹0.00L |
| Capital Expenditure | -₹158.58L | ₹0.00L | -₹89.16L | ₹0.00L | -₹199.07L |
| Beginning Cash Position | ₹17,676.02L | ₹1,275.63L | -₹447.25L | ₹497.44L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | -₹0.01L | -₹0.01L | -₹0.01L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹3,414.22L | ₹3,206.19L | ₹4,493.44L | ₹2,934.69L |
| EBITDA | ₹3,442.25L | ₹3,252.74L | ₹4,544.32L | ₹2,985.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹3,553.13L | ₹2,879.32L | ₹4,625.21L | ₹3,036.95L |
| Pretax Income | ₹1,076.17L | ₹1,083.76L | ₹973.82L | ₹859.11L |
| Tax Provision | ₹277.59L | ₹277.24L | ₹262.21L | ₹219.49L |
| Total Revenue | ₹3,599.44L | ₹2,911.86L | ₹4,663.87L | ₹3,072.01L |
| Cost Of Revenue | ₹46.31L | ₹32.54L | ₹38.66L | ₹35.06L |
| Total Expenses | ₹172.63L | ₹109.15L | ₹117.16L | ₹123.28L |
| Interest Income | ₹0.00L | ₹4.06L | ₹1.23L | ₹2.90L |
| Interest Expense | ₹2,338.05L | ₹2,122.43L | ₹3,519.62L | ₹2,075.58L |
| Operating Income | ₹3,426.81L | ₹2,802.71L | ₹4,546.71L | ₹2,948.73L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹3,454.94L | ₹3,252.90L | ₹4,599.33L | ₹3,001.50L |
| Normalized Income | ₹808.00L | ₹806.64L | ₹751.82L | ₹651.90L |
| Operating Expense | ₹126.32L | ₹76.61L | ₹78.50L | ₹88.22L |
| Operating Revenue | ₹3,599.44L | ₹2,911.86L | ₹4,663.87L | ₹3,072.01L |
| Net Interest Income | -₹2,338.28L | -₹2,118.78L | -₹3,518.87L | -₹2,073.13L |
| Total Unusual Items | -₹12.69L | -₹0.16L | -₹55.01L | -₹16.50L |
| Basic Average Shares | ₹108.18L | ₹108.18L | ₹108.18L | ₹108.18L |
| Diluted Average Shares | ₹108.18L | ₹108.18L | ₹108.18L | ₹108.18L |
| Total Other Finance Cost | ₹0.23L | ₹0.41L | ₹0.48L | ₹0.45L |
| Other Operating Expenses | ₹83.54L | ₹15.89L | ₹9.27L | ₹18.55L |
| Reconciled Depreciation | ₹28.03L | ₹46.55L | ₹50.88L | ₹50.31L |
| Reconciled Cost Of Revenue | ₹46.31L | ₹32.54L | ₹38.66L | ₹35.06L |
| Rent Expense Supplemental | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.60L |
| Tax Effect Of Unusual Items | -₹3.27L | -₹0.04L | -₹14.81L | -₹4.22L |
| Interest Income Non Operating | ₹0.00L | ₹4.06L | ₹1.23L | ₹2.90L |
| Selling And Marketing Expense | ₹0.60L | ₹0.43L | ₹1.41L | ₹0.40L |
| Interest Expense Non Operating | ₹2,338.05L | ₹2,122.43L | ₹3,519.62L | ₹2,075.58L |
| Net Income Common Stockholders | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
| Net Income Continuous Operations | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
| Diluted NIAvailto Com Stockholders | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
| General And Administrative Expense | ₹3.95L | ₹3.34L | ₹6.74L | ₹8.36L |
| Selling General And Administration | ₹4.55L | ₹3.77L | ₹8.15L | ₹8.76L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹12.69L | -₹0.16L | -₹55.01L | -₹16.50L |
| Net Non Operating Interest Income Expense | -₹2,338.28L | -₹2,118.78L | -₹3,518.87L | -₹2,073.13L |
| Net Income Including Noncontrolling Interests | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
| Net Income From Continuing And Discontinued Operation | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
| Net Income From Continuing Operation Net Minority Interest | ₹798.58L | ₹806.52L | ₹711.62L | ₹639.62L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 31/07/2010 | Rajesh Parmanand Khandwala | 00477673 | Managing Director | View other directorships |
| 27/05/2014 | Sonal Rajesh Khandwala | 01788620 | Director | View other directorships |
| 27/05/2014 | Bhavik J Shah | *****1519G | CFO | |
| 29/06/2020 | Sharvil Bharat Kumar Suthar | 08785030 | Director | View other directorships |
| 25/01/2021 | Vimal Parmanand Khandwala | 00477768 | Director | View other directorships |
| 14/08/2023 | Dixit Dipakkumar Shah | 07826994 | Director | View other directorships |
| 14/08/2023 | Rajesh Gopaldas Parekh | 09362221 | Director | View other directorships |
| 08/10/2024 | Utsav Sumantkumar Bhavsar | *****0613M | Company Secretary |
Business Network
Directors 8
- Rajesh Parmanand KhandwalaManaging Director
- Dixit Dipakkumar ShahDirector
- Rajesh Gopaldas ParekhDirector
- Vimal Parmanand KhandwalaDirector
- Sharvil Bharat Kumar SutharDirector
- Sonal Rajesh KhandwalaDirector
- Utsav Sumantkumar BhavsarCompany Secretary
- Bhavik J ShahCFO
Latest Documents
| Date | Title | Size |
|---|---|---|
| 26/02/2024 | Form Addendum to AOC-4 CSR-26022024 | - |
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Address
Frequently Asked Questions
The current board member of Kifs Financial Services Limited are:
- Sonal Rajesh Khandwala
- Sharvil Bharat Kumar Suthar
- Rajesh Parmanand Khandwala
- Vimal Parmanand Khandwala
- Dixit Dipakkumar Shah
- Rajesh Gopaldas Parekh