Brook Finance Private Limited
About Brook Finance Private Limited
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Brook Finance Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Brook Bancorp Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 04 July 1997.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65921DL1997PTC088363.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.53 Cr. It was formerly known as Dundee Financial Services Private Limited and Dynamic Financial Services Private Limited. It was led by directors including Danesh Kumar Varma and Jasjit Singh Bindra.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C – 6 South Extension Part – II New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2019, the company reported a revenue of ₹41.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹34.97 Lakh (net margin 84.5%) and EBITDA of ₹38.47 Lakh (EBITDA margin 92.9%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years.
Court records list 4 cases involving the company, including 4 filed against it.
Company details
Name history
Brook Finance has undergone 2 name changes throughout its history. The company was previously known as Dundee Financial Services Private Limited, and Dynamic Financial Services Private Limited. The current legal name is Brook Finance Private Limited.
| Company Name | Status |
|---|---|
| Brook Finance Private Limited | Current |
| Dundee Financial Services Private Limited | Previous |
| Dynamic Financial Services Private Limited | Previous |
Contact details
Brook Finance Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressC – 6 South Extension Part – II New Delhi, Delhi, India – 110049
- IndustryFinancial Services, NBFC
To see the full contact details of Brook Finance Private 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 Brook Finance is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Brook Finance Private Limited, buy the company report.
Financials of Brook Finance Private Limited
FY 2019 filings availableBrook Finance Private Limited reported revenue of ₹41.38 Lakh (up 1720% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 77% over three years. EBITDA rose 287% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.38 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.9% | ||||
| Net Profit Margin | 84.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Brook Finance Private Limited, buy the company report.
Board of directors of Brook Finance Private Limited
Brook Finance has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Bindra | Additional Director | 23 Nov 2019 | 6 Years 11 Months | As last reported |
| Danesh Kumar Varma | Director | 04 Jul 1997 | 29 Years 4 Months | As last reported |
| Jasjit Singh Bindra | Director | 10 Sep 2005 | 21 Years 1 Months | As last reported |
Auditor
Brook Finance Private Limited is audited by MEHROTRA SETH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHROTRA SETH & ASSOCIATES | FY 2019 | 008315N |
Shareholding
The shareholding of Brook Finance Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Brook Finance Private Limited, buy the company report.
Legal cases
Brook Finance Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Revision petition | Filed against the company by Saturn Telecom Ltd. Ors. | Disposed |
| District court, South East, Delhi | Revision petition | Filed against the company by Saturn Telecom Ltd. Ors. | Disposed |
To see the full case history of Brook Finance Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Brook Finance Private 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 Brook Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Brook Finance Private Limited has 8 board changes on record since 1997: 3 appointments and 5 cessations. The latest: Nirmal Bindra was appointed as Additional Director on 23 Nov 2019.
Frequently asked questions
Brook Finance has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Brook Finance was a private limited company based in New Delhi, Delhi, India. The company worked in nbfc, within the financial services industry. It was incorporated on 04 July 1997 and is registered under CIN U65921DL1997PTC088363. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Brook Finance was incorporated on 04 July 1997. It is registered with the Registrar of Companies, Delhi.
Brook Finance had 3 directors:
- Nirmal Bindra - Additional Director
- Danesh Kumar Varma - Director
- Jasjit Singh Bindra - Director
The CIN (Corporate Identification Number) of Brook Finance is U65921DL1997PTC088363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Brook Finance is at C – 6 South Extension Part – II New Delhi, Delhi, India – 110049.
The latest financial statements of Brook Finance on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
Brook Finance operated in the financial services industry, in the nbfc segment.
Brook Finance has 4 court cases on record: 4 filed against it.
Nirmal Bindra was appointed as Additional Director on 23 Nov 2019. Vinay Chand Khanna ceased to be Director on 23 Nov 2019. Sanjay Kumar Mehta ceased to be Director on 03 Jun 2019. Brook Finance has 8 board changes on record in total.
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