Indian Company Master Data Made Simple
Visagar Financial Services Limited
Since 1994, Visagar Financial Services Limited has maintained a presence in the industry for 32 years. The company is identified by CIN L99999MH1994PLC076858 and reg. no. 76858. Visagar Financial Services Limited is identified as company limited by shares in the corporate registry. Authorized capital of the company is recorded at ₹60.00 crore. Paid-up capital for the company equals ₹58.39 crore.
Its core business comprises extra territorial organizations and bodies. It is registered in Mumbai. The official address of incorporation is 907-908, Dev Plaza, 9th Floor, Opp. Andheri Fire Station, S.v. Road, An, Dheri (w), Mumbai, Maharashtra, India, 400058. The entity is active and conducting operations. PAN number for the company is AAACI1375B. You can reach the company via email at info@visagar.com. The leadership team includes Sagar Tilokchand Kothari (CEO), Ankita Rai (CFO), Sagar Tilokchand Kothari (CEO) and Ankita Rai (CFO).
Company Overview
- CIN
- Date of Incorporation
- 01/03/1994
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- 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
- Authorized Capital
- ₹60,00,00,000.00
- Paid up Capital
- ₹58,39,15,645.00
- Activity
- Extra Territorial Organizations And Bodies
- info@visagar.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Maharashtra | 27AAACI1375B1Z0 | Inactive |
| 27AAACI1375B2ZZ | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE309H01038 | VISAGAR FINANCIAL SERVICES LIMITED EQ NEW FV RE .1/- | - | 12/10/2026 | VISAGAR FIN SER/SH VTG | ESVUFN |
| INE309H20012 | VISAGAR FINANCIAL SERVICES LIMITED REs-EQ | - | 12/10/2026 | VISAGAR FIN SER/ENTL RT | RSSXXN |
| IN8309H01029 | VISAGAR FINANCIAL SERVICES LIMITED EQ NEW FV RE.1/- LISTING/TRDG APRVL AWAITED | - | 12/10/2026 | VISAGAR FIN SER/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹22.05L | ₹30.21L | ₹41.94L | ₹0.42L | ₹0.00L |
| Net Debt | ₹3,067.32L | ₹4,319.24L | ₹4,006.71L | ₹1,371.33L | ₹0.00L |
| Inventory | ₹220.45L | ₹560.35L | ₹1,315.93L | ₹1,602.29L | ₹0.00L |
| Total Debt | ₹3,078.55L | ₹4,383.95L | ₹4,228.68L | ₹1,494.12L | ₹0.00L |
| Common Stock | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹0.00L |
| Share Issued | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹0.00L |
| Total Assets | ₹9,095.84L | ₹10,437.28L | ₹10,444.39L | ₹7,759.29L | ₹0.00L |
| Capital Stock | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹0.00L |
| Long Term Debt | ₹3,078.55L | ₹0.00L | ₹0.00L | ₹1,494.12L | ₹0.00L |
| Current Assets | ₹666.91L | ₹1,047.57L | ₹1,796.10L | ₹1,822.09L | ₹0.00L |
| Working Capital | ₹667.98L | -₹3,335.41L | -₹2,577.93L | ₹249.11L | ₹0.00L |
| Invested Capital | ₹9,096.91L | ₹10,438.24L | ₹10,299.04L | ₹7,680.44L | ₹0.00L |
| Common Stock Equity | ₹6,018.36L | ₹6,054.29L | ₹6,070.36L | ₹6,186.32L | ₹0.00L |
| Net Tangible Assets | ₹6,018.36L | ₹6,054.29L | ₹6,070.36L | ₹6,186.32L | ₹0.00L |
| Tangible Book Value | ₹6,018.36L | ₹6,054.29L | ₹6,070.36L | ₹6,186.32L | ₹0.00L |
| Current Liabilities | -₹1.07L | ₹4,382.98L | ₹4,374.03L | ₹1,572.98L | ₹0.00L |
| Stockholders Equity | ₹6,018.36L | ₹6,054.29L | ₹6,070.36L | ₹6,186.32L | ₹0.00L |
| Total Capitalization | ₹9,096.91L | ₹6,054.29L | ₹6,070.36L | ₹6,186.32L | ₹0.00L |
| Ordinary Shares Number | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹0.00L |
| Other Non Current Assets | ₹19.24L | ₹28.87L | ₹60.23L | ₹75.03L | ₹0.00L |
| Total Non Current Assets | ₹8,428.93L | ₹9,389.71L | ₹8,648.30L | ₹5,937.20L | ₹0.00L |
| Cash And Cash Equivalents | ₹11.23L | ₹64.71L | ₹221.97L | ₹122.79L | ₹0.00L |
| Other Short Term Investments | ₹5.97L | ₹61.04L | ₹221.31L | ₹120.74L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹6,018.36L | ₹6,054.29L | ₹6,070.36L | ₹6,186.32L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹3,077.48L | ₹4,382.99L | ₹4,374.03L | ₹1,572.97L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹3,078.55L | ₹0.00L | ₹0.00L | ₹1,494.12L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹17.20L | ₹64.71L | ₹221.97L | ₹122.79L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹3,078.55L | ₹0.01L | ₹0.00L | -₹0.01L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹1,257.90L | ₹26.46L | -₹2,635.39L | -₹6,081.41L | ₹0.00L |
| Changes In Cash | -₹47.51L | -₹157.26L | ₹99.17L | ₹114.18L | ₹0.00L |
| End Cash Position | ₹17.20L | ₹64.71L | ₹221.97L | ₹122.79L | ₹0.00L |
| Financing Cash Flow | -₹1,305.41L | -₹183.72L | ₹2,734.56L | ₹6,195.59L | ₹0.00L |
| Investing Cash Flow | -₹0.46L | ₹0.00L | -₹52.70L | -₹670.25L | ₹0.00L |
| Operating Cash Flow | ₹1,258.36L | ₹26.46L | -₹2,582.69L | -₹5,411.16L | ₹0.00L |
| Capital Expenditure | -₹0.46L | -₹0.21L | -₹52.70L | -₹670.25L | ₹0.00L |
| Beginning Cash Position | ₹64.71L | ₹221.97L | ₹122.79L | ₹8.61L | ₹0.00L |
| Issuance Of Capital Stock | ₹0.00L | ₹0.00L | ₹2,734.56L | ₹4,863.89L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹102.73L | ₹167.53L | -₹115.94L | ₹181.37L | ₹0.00L |
| EBITDA | ₹111.34L | ₹179.48L | -₹104.76L | ₹181.44L | ₹0.00L |
| Basic EPS | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
| Diluted EPS | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹354.19L | ₹288.46L | ₹230.52L | ₹216.72L | ₹0.00L |
| Pretax Income | -₹36.04L | -₹16.19L | -₹115.94L | ₹181.37L | ₹0.00L |
| Tax Provision | -₹0.10L | -₹0.12L | ₹0.00L | ₹53.50L | ₹0.00L |
| Total Revenue | ₹993.29L | ₹12,956.73L | ₹33,421.17L | ₹5,180.05L | ₹0.00L |
| Cost Of Revenue | ₹639.10L | ₹12,668.27L | ₹33,190.65L | ₹4,963.33L | ₹0.00L |
| Total Expenses | ₹890.53L | ₹12,789.20L | ₹33,277.21L | ₹4,984.54L | ₹0.00L |
| Interest Expense | ₹138.77L | ₹183.72L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Income | ₹102.76L | ₹167.53L | ₹143.96L | ₹195.51L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹111.34L | ₹179.48L | ₹42.52L | ₹181.44L | ₹0.00L |
| Normalized Income | -₹35.94L | -₹16.07L | ₹31.34L | ₹127.87L | ₹0.00L |
| Operating Expense | ₹251.43L | ₹120.93L | ₹86.56L | ₹21.21L | ₹0.00L |
| Operating Revenue | ₹993.29L | ₹12,956.73L | ₹33,421.17L | ₹5,180.05L | ₹0.00L |
| Net Interest Income | -₹138.77L | -₹183.72L | -₹112.63L | -₹14.16L | ₹0.00L |
| Total Unusual Items | ₹0.00L | ₹0.00L | -₹147.28L | ₹0.00L | ₹0.00L |
| Basic Average Shares | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹0.00L |
| Diluted Average Shares | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹5,839.16L | ₹0.00L |
| Other Operating Expenses | ₹242.82L | ₹108.98L | ₹44.33L | ₹7.26L | ₹0.00L |
| Reconciled Depreciation | ₹8.61L | ₹11.95L | ₹11.18L | ₹0.07L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹639.10L | ₹12,668.27L | ₹33,190.65L | ₹4,963.33L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹138.77L | ₹183.72L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
| Net Income Continuous Operations | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹0.00L | ₹0.00L | -₹147.28L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹138.77L | -₹183.72L | -₹112.63L | -₹14.16L | ₹0.00L |
| Net Income Including Noncontrolling Interests | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹35.94L | -₹16.07L | -₹115.94L | ₹127.87L | ₹0.00L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 15/01/2011 | Tilokchand Manaklal Kothari | 00413627 | Director | View other directorships |
| 30/03/2019 | Kuldeep Kumar | 08373716 | Director | View other directorships |
| 30/03/2019 | Madhu Bala Vaishnav | 08376551 | Director | View other directorships |
| 16/04/2019 | Sagar Tilokchand Kothari | *****6584G | CEO | |
| 22/04/2022 | Ankita Rai | *****9348R | CFO | |
| 30/09/2024 | Anju Pareek | 07144713 | Director | View other directorships |
| 14/11/2025 | Palak Rajeshkumar Doshi | *****5034N | Company Secretary |
Business Network
Directors 7
- Anju PareekDirector
- Kuldeep KumarDirector
- Madhu Bala VaishnavDirector
- Tilokchand Manaklal KothariDirector
- Palak Rajeshkumar DoshiCompany Secretary
- Ankita RaiCFO
- Sagar Tilokchand KothariCEO
Latest Documents
| Date | Title | Size |
|---|---|---|
| 30/11/2024 | Form AOC-4 NBFC(IND AS)-30112024 | - |
| 30/11/2024 | Form MGT-7-30112024 | - |
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Address
Frequently Asked Questions
The current board member of Visagar Financial Services Limited are:
- Kuldeep Kumar
- Tilokchand Manaklal Kothari
- Madhu Bala Vaishnav
- Sagar Tilokchand Kothari
- Ankita Rai
- Palak Rajeshkumar Doshi
- Anju Pareek