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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
L99999MH1994PLC076858
Date of Incorporation
01/03/1994
Company Status
Active
RoC
Mumbai
Registration Number
076858
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
E-mail
info@visagar.com
PAN
AAACI1375B

GST Numbers

StateGST NumberStatus
Maharashtra27AAACI1375B1Z0Inactive
27AAACI1375B2ZZActive

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
INE309H01038VISAGAR FINANCIAL SERVICES LIMITED EQ NEW FV RE .1/- - 12/10/2026VISAGAR FIN SER/SH VTGESVUFN
INE309H20012VISAGAR FINANCIAL SERVICES LIMITED REs-EQ - 12/10/2026VISAGAR FIN SER/ENTL RTRSSXXN
IN8309H01029VISAGAR FINANCIAL SERVICES LIMITED EQ NEW FV RE.1/- LISTING/TRDG APRVL AWAITED - 12/10/2026VISAGAR FIN SER/SH VTGESVUFN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
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

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
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

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
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)

₹334.2 Cr₹250.7 Cr₹167.1 Cr₹83.6 Cr₹0
₹51.8 Cr
₹334.2 Cr
₹129.6 Cr
₹9.9 Cr
FY23FY24FY25FY26
Latest
₹9.93 Cr
Growth (YoY)
-92.3%
Average
₹131.38 Cr

Directors

AppointmentDirector nameDINDesignation
15/01/2011Tilokchand Manaklal Kothari00413627DirectorView other directorships
30/03/2019Kuldeep Kumar08373716DirectorView other directorships
30/03/2019Madhu Bala Vaishnav08376551DirectorView other directorships
16/04/2019Sagar Tilokchand Kothari*****6584GCEO
22/04/2022Ankita Rai*****9348RCFO
30/09/2024Anju Pareek07144713DirectorView other directorships
14/11/2025Palak Rajeshkumar Doshi*****5034NCompany Secretary

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 7

Latest Documents

Category:
DateTitleSize
30/11/2024
Form AOC-4 NBFC(IND AS)-30112024
-
30/11/2024
Form MGT-7-30112024
-

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Address

907-908, Dev Plaza, 9th Floor, Opp. Andheri Fire Station, S.v. Road, An, Dheri (w), Mumbai, Maharashtra, India, 400058

Frequently Asked Questions

What is the incorporation date of Visagar Financial Services Limited?
The incorporation date of Visagar Financial Services Limited is 01/03/1994.
What is the authorized share capital and paid-up capital of Visagar Financial Services Limited?
The authorized share capital of Visagar Financial Services Limited is ₹60,00,00,000.00. The paid-up capital is ₹58,39,15,645.00.
Who are the current board members & directors of Visagar Financial Services Limited?

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
What is the registered address of Visagar Financial Services Limited?
The registered address of Visagar Financial Services Limited is 907-908, Dev Plaza, 9th Floor, Opp. Andheri Fire Station, S.v. Road, An, Dheri (w), Mumbai, Maharashtra, India, 400058.
What is the Corporate Identification Number of Visagar Financial Services Limited?
The Corporate Identification Number of Visagar Financial Services Limited is L99999MH1994PLC076858.