About Ashray Microfinance Limited
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Ashray Microfinance Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 06 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB2019PLC234618.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Golok Chandra Roy (Managing Director) and Jayanta Narayan Mahanty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bl – A;Top – Fr; 918 Lake Town Lp – 103/2/2 Kolkata, West Bengal, India – 700089.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.77 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Lakh (net margin 3.8%) and EBITDA of ₹15.17 Lakh (EBITDA margin 46.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 109% over five years.
For more details, the company can be reached via its website ashraymicrofinancelimited.com.
Company details
Contact details
Ashray Microfinance Limited's registered office is in Kolkata, West Bengal. Its website is ashraymicrofinancelimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBl – A;Top – Fr; 918 Lake Town Lp – 103/2/2 Kolkata, West Bengal, India – 700089
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Ashray Microfinance Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ashray Microfinance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ashray Microfinance Limited, buy the company report.
Financials of Ashray Microfinance Limited
FY 2025 filings availableAshray Microfinance Limited reported revenue of ₹32.77 Lakh (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 109% over five years, including 22% growth in the latest year. EBITDA rose 44% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.17 Lakh | ||||
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| Net Profit (PAT) | ₹1.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 46.3% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of Ashray Microfinance Limited, buy the company report.
Board of directors of Ashray Microfinance Limited
Ashray Microfinance has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanta Narayan Mahanty Also directs: Denovo Healthtech Private Limited, Teestakatha Foundation, Basudha Foundation & Research and 2 more | Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Golok Chandra Roy Also directs: Basudha Foundation & Research | Managing Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Manasranjan Bhattacharyya Supradip Bhattacharyya | Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Sushil Kumar Biswas Also directs: Apan Welfare Foundation | Director | 10 Jul 2020 | 6 Years 3 Months | Current |
| Amar Kumar Bhattacharjee Also directs: Basudha Foundation & Research | Director | 27 Jan 2022 | 4 Years 8 Months | Current |
| Asim Kumar Halder | Director | 06 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Ashray Microfinance Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kuberdhan Micro Finance Foundation | ₹33.02 Lakh (FY 2024) | 136.0% | Bareilly, Uttar Pradesh, India | |||
| Sima Microcredit | ₹32.93 Lakh (FY 2024) | 86.0% | Sant Ravidas Nagar, Uttar Pradesh, India | |||
| Samasthaiswarya Nidhi Limited | ₹32.79 Lakh (FY 2020) | 3490.0% | Kunnicode, Kerala, India | |||
| Ashray Microfinance Limitedthis company | ₹32.77 Lakh (FY 2025) | ₹1.26 Lakh | 3.8% | 22.0% | Kolkata, West Bengal, India | |
| Wenl Nidhi Limited | ₹32.62 Lakh (FY 2024) | -12.0% | Thrissur, Kerala, India | |||
| Kshemodayam Kuries Private Ltd | ₹32.59 Lakh (FY 2025) | 0.0% | Thrissur, Kerala, India | |||
| Asb Nidhi Limited | ₹32.59 Lakh (FY 2025) | 1.0% | Alappuzha, Kerala, India | |||
| Chakkaravarthi Chits Private Limited | ₹32.48 Lakh (FY 2018) | -21.0% | Tiruchirappalli, Tamil Nadu, India |
To see the full peer comparison of Ashray Microfinance Limited, buy the company report.
Auditor
Ashray Microfinance Limited is audited by AGARWAL GUPTA NOKARI & RUSTAGI ASS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL GUPTA NOKARI & RUSTAGI ASS | FY 2022 | 310041E |
Shareholding
The shareholding of Ashray Microfinance Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashray Microfinance Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashray Microfinance Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashray Microfinance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ashray Microfinance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashray Microfinance Limited has 11 board changes on record since 2019: 6 appointments and 5 cessations. The latest: Biplab Sengupta ceased to be Director on 17 Apr 2023.
2 earlier events are in the company report.
Frequently asked questions
Ashray Microfinance is an active public limited company based in Kolkata, West Bengal, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 06 November 2019 (7+ years old) and is registered under CIN U65999WB2019PLC234618.
Ashray Microfinance has 6 current directors:
- Golok Chandra Roy - Managing Director
- Jayanta Narayan Mahanty - Director
- Manasranjan Bhattacharyya Supradip Bhattacharyya - Director
- Sushil Kumar Biswas - Director
- Amar Kumar Bhattacharjee - Director
- Asim Kumar Halder - Director
The latest financial statements of Ashray Microfinance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Ashray Microfinance is U65999WB2019PLC234618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashray Microfinance was incorporated on 06 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ashray Microfinance by revenue are Kuberdhan Micro Finance Foundation, Sima Microcredit, Samasthaiswarya Nidhi Limited, Wenl Nidhi Limited, Kshemodayam Kuries Private Ltd and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Biplab Sengupta ceased to be Director on 17 Apr 2023. Amar Kumar Bhattacharjee ceased to be Additional Director on 23 Sep 2022. Asim Kumar Halder ceased to be Additional Director on 23 Sep 2022. Ashray Microfinance has 11 board changes on record in total.
Ashray Microfinance can be reached through the website ashraymicrofinancelimited.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Ashray Microfinance is at Bl – A;Top – Fr; 918 Lake Town Lp – 10322 Kolkata, West Bengal, India – 700089.
Ashray Microfinance operates in the financial services industry, in the microfinance institutions segment.
Ashray Microfinance is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.