Cindrella Financial Services Ltd.

Business overview Cindrella Financial Services Limited operates as a listed Non-Banking Financial Company (NBFC). Its primary revenue streams are derived from interest earned on long-term loans, rental income, and fees for consultancy services provided to various entities. The company currently does not accept public deposits, issue secured debt instruments, or operate other similar schemes. It focuses on core non-banking financial activities and improving its fund management within India.

Key facts (for FY 2025-26)

• The company reported a total consolidated income of Rs. 18.32 lacs and a net profit of Rs. 7.69 lacs for FY 2025-26.
• Consolidated total assets stood at Rs. 6,517.57 lacs (approximately Rs. 65.18 crores) as of March 31, 2026.
• Cindrella Hotels Limited is an Associate Company, with Cindrella Financial Services Ltd. holding 31.068% effective ownership interest.
• Key promoters include Venus Baid (Managing Director & CFO) and Vivek Baid (Director), holding 1.40% and 14.28% of shares respectively.
• The company actively manages investments in a diverse portfolio, including equity instruments and various mutual funds.
• There are no subsidiaries or joint ventures reported for the period.

Recent developments (from AR) (for FY 2025-26)

• The company experienced a significant decline in consolidated net profit, from Rs. 19.27 lacs in the previous year to Rs. 7.69 lacs in FY 2025-26.
• Standalone net profit also saw a substantial decrease, falling from Rs. 12.93 lacs in FY 2024-25 to Rs. 1.74 lacs in FY 2025-26.
• The Board of Directors did not recommend any dividend for the financial year ended March 31, 2026, citing lower profits.
• The company's strategy includes creating opportunities to increase business volumes and concentrating on core non-banking financial activities to improve fund management.
• Smt. Venus Baid was appointed as Managing Director cum Chief Financial Officer (CFO) for a term of five years, effective September 24, 2025.

Key risks flagged by management (for FY 2025-26)

• The company is exposed to risks arising from stock market fluctuations and their potential negative impacts on earnings.
• Forward-looking statements are based on assumptions and future events over which the company has no control, implying that actual results could differ materially.
• Income generation is affected by factors such as trading losses and lower interest and dividend earnings.

Pros (evidenced in FY 2025-26 documents)

• The company maintains adequate internal control systems commensurate with its business nature and operations, as confirmed by auditors.
• There are no pending litigations reported that would impact its financial position.
• The company exhibits a strong current ratio of 76.24 as of March 31, 2026, indicating high liquidity.

Cons (evidenced in FY 2025-26 documents)

• The company experienced a substantial decline in both standalone and consolidated total revenue and net profits for FY 2025-26.
• Key profitability ratios, including Net Profit Ratio, Return on Investment, and Return on Capital Employed, significantly decreased by over 80% year-on-year.
• The statutory auditors noted that the accounting software's audit trail facility was not operative during the year, and the secretarial auditor flagged delays in filing several statutory forms with the MCA, indicating compliance and internal control weaknesses.