Associated Finman Limited
About Associated Finman Limited
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Associated Finman Limited is a public limited company based in New Delhi, Delhi, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 03 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L65910DL1984PLC018871. It is a listed company as per MCA records.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90.53 Lakh. It is led by directors including Dhiraj Gupta (Managing Director) and Manish Arora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 59/17 Ground Floor Bahubali Apartments New Rohtak Road, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.32 Lakh, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹7.97 Lakh (net margin 30.3%) and EBITDA of ₹10.64 Lakh (EBITDA margin 40.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Associated Finman Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address59/17 Ground Floor Bahubali Apartments New Rohtak Road, New Delhi, Delhi, India – 110005
- IndustryFinancial Services, Financial Activities
To see the full contact details of Associated Finman 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 Associated Finman 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 Associated Finman Limited, buy the company report.
Financials of Associated Finman Limited
FY 2026 filings availableAssociated Finman Limited reported revenue of ₹26.32 Lakh (up 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 75% growth in the latest year. EBITDA rose 336% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.5% | ||||
| Net Profit Margin | 30.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Associated Finman Limited, buy the company report.
Board of directors and KMP of Associated Finman Limited
Associated Finman Limited currently reports 7 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwa Bandhu Agarwal Also directs: Grow With India Dotcom Private Limited. | Director | 31 Mar 2025 | 1 Years 6 Months | Current |
| Sanju | Cfo | 17 Apr 2023 | 3 Years 6 Months | Current |
| Naveen Kumar Thakur | Director | 03 Feb 2025 | 1 Years 8 Months | Current |
| Megha Sharan Also directs: KVMS & Co. LLP, Ishaan Infrastructures and Shelters Limited, Marktesh Trading Limited and 1 more | Additional Director | 09 Feb 2026 | 0 Years 8 Months | Current |
| Manish Arora Also directs: Newage Marketing Limited, Somya Traders Private Limited | Whole-Time Director | 12 Jan 1996 | 30 Years 9 Months | Current |
| Dhiraj Gupta Also directs: Newage Marketing Limited | Managing Director | 12 Feb 2008 | 18 Years 8 Months | Current |
Peer comparison
Associated Finman Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Godriwala Financials Private Limited | ₹26.36 Lakh (FY 2020) | 15.0% | Raipur, Chhattisgarh, India | |||
| Ku Policy Insurance Web Aggregator Private Limited | ₹26.33 Lakh (FY 2025) | -45.0% | Lucknow, Uttar Pradesh, India | |||
| Associated Finman Limitedthis company | ₹26.32 Lakh (FY 2025) | ₹7.97 Lakh | 30.3% | 75.0% | New Delhi, Delhi, India | |
| Telering Process Private Limited | ₹26.28 Lakh (FY 2024) | Hazaribagh, Jharkhand, India |
To see the full peer comparison of Associated Finman Limited, buy the company report.
Auditor
Associated Finman Limited is audited by Harmeet Singh & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harmeet Singh & CO. | FY 2022 | 018918N |
Shareholding
The shareholding of Associated Finman Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Associated Finman Limited, buy the company report.
Legal cases
No court or tribunal cases involving Associated Finman 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 Associated Finman 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 Associated Finman Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Associated Finman Limited has 10 board changes on record since 1996: 8 appointments and 2 cessations. The latest: Navneet Tiwari was appointed as Additional Director on 12 Feb 2026.
1 earlier event is in the company report.
Frequently asked questions
Associated Finman is an active public limited company based in New Delhi, Delhi, India. The company works in financial activities, within the financial services industry. It was incorporated on 03 August 1984 (42+ years old) and is registered under CIN L65910DL1984PLC018871.
Associated Finman has 8 current directors and KMP:
- Dhiraj Gupta - Managing Director
- Manish Arora - Whole-Time Director
- Vishwa Bandhu Agarwal - Director
- Naveen Kumar Thakur - Director
- Megha Sharan - Additional Director
- Anju Devi - Director
- Navneet Tiwari - Additional Director
- Sanju - Cfo
The latest financial statements of Associated Finman on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 August 2026. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Associated Finman is L65910DL1984PLC018871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Associated Finman is a listed company as per MCA records.
Associated Finman was incorporated on 03 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Associated Finman by revenue are Godriwala Financials Private Limited, Ku Policy Insurance Web Aggregator Private Limited, Telering Process Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Navneet Tiwari was appointed as Additional Director on 12 Feb 2026. Megha Sharan was appointed as Additional Director on 09 Feb 2026. Vishwa Bandhu Agarwal was appointed as Director on 31 Mar 2025. Associated Finman has 10 board changes on record in total.
The registered office of Associated Finman is at 5917 Ground Floor Bahubali Apartments New Rohtak Road, New Delhi, Delhi, India – 110005.
Associated Finman operates in the financial services industry, in the financial activities segment.
The compliance status of Associated Finman is active non-compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.