Key Metrics of Ffservices Private Limited
About Ffservices Private Limited
Company details
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
NoteRating watch (ICRA, 11 May 2026)
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 11 May 2026 | ICRA | Watch | BBB+ | A2 | Developing | ₹30.0 Cr | View |
Agency-reported financials (ICRA, 11 May 2026)
| Metric | FY2024 | FY2025 |
|---|---|---|
| Operating income | ₹713 Cr | ₹914 Cr |
| PAT | ₹9.10 Cr | ₹11.50 Cr |
| OPBDIT/OI | 3.8% | 3.9% |
| PAT/OI | 1.3% | 1.3% |
| Total outside liabilities/Tangible net worth (times) | 1.50× | 1.80× |
| Total debt/OPBDIT (times) | 2.80× | 2.80× |
| Interest coverage (times) | 3.10× | 3.10× |
| Revenue growth (YoY) | — | 28.2% |
| EBITDA (margin × income) | ₹27.09 Cr | ₹35.64 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹75.85 Cr | ₹99.79 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹8.74 Cr | ₹11.50 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| based/Non-fund based limits Long term/short term | Non-fund based limits | ₹25.0 Cr | ₹25.0 Cr | 0.0% | A2 | Watch | ICRA |
| Unallocated limits | Other | ₹5.00 Cr | ₹5.00 Cr | 0.0% | BBB+ / A2 | Watch | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2024-25
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 53% |
| Information on file | 33% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 53% chance the next rating action is stable or better
- Current rating BBB+ (investment grade)
- Interest coverage 3.1×
- ₹5 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
Rating placed on Watch with Positive Implications), effective January 2026, for a cash consideration of around Rs. 240 crore, paid to the erstwhile promoter of SMS.
From the report
In FY2023, SSPL acquired a 100% stake in FFS in an all-cash deal of Rs. 42 crore.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.