
Courage Financial Services Private Limited
About Courage Financial Services Private Limited
Data last updated:
Courage Financial Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC069166.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹44.91 Lakh. It is led by directors including Ishwar Chand Jindal and Shashi Prabha Jindal.
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 312 T/F 10, Essel House Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.54 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹2.89 Lakh (net margin -81.7%) and EBITDA of -₹6.25 Lakh (EBITDA margin -176.5%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 63% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Courage Financial Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address312 T/F 10, Essel House Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Courage Financial Services 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
Financials of Courage Financial Services Private Limited
FY 2025 filings availableCourage Financial Services Private Limited reported revenue of ₹3.54 Lakh (down 43% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 63%. 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 | ₹3.54 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.89 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 | -176.5% | ||||
| Net Profit Margin | -81.7% | ||||
| 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 Courage Financial Services Private Limited, buy the company report.
Board of directors of Courage Financial Services Private Limited
Courage Financial Services has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishwar Chand Jindal Also directs: Magnum Steels Limited, Magnum Power and Infrastructure Private Limited, Triple S Stock and Shares Private Limited and 1 more | Director | 01 Oct 2006 | 20 Years 1 Months | Current |
| Shashi Prabha Jindal Also directs: Magnum Steels Limited, Magnum Steel and Power Limited, Magnum Power and Infrastructure Private Limited and 5 more | Director | 21 Dec 2020 | 5 Years 10 Months | Current |
| Rajat Jindal Also directs: Magnum Steels Limited, Magnum Steel and Power Limited, Magnum Power and Infrastructure Private Limited and 5 more | Director | 22 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Courage Financial Services Private Limited is audited by R R P & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R P & CO | FY 2019 | 001445N |
Shareholding
The shareholding of Courage Financial Services 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 Courage Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Courage Financial Services Private 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 Courage Financial Services 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 Courage Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Courage Financial Services Private Limited has 12 board changes on record since 2006: 4 appointments and 8 cessations. The latest: Rajat Jindal was appointed as Director on 22 Jul 2025.
3 earlier events are in the company report.
Frequently asked questions
Courage Financial Services is an active private limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 30 May 1995 (31+ years old) and is registered under CIN U74899DL1995PTC069166.
Courage Financial Services has 3 current directors:
- Ishwar Chand Jindal - Director
- Shashi Prabha Jindal - Director
- Rajat Jindal - Director
The latest financial statements of Courage Financial Services 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Courage Financial Services is U74899DL1995PTC069166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Courage Financial Services was incorporated on 30 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Rajat Jindal was appointed as Director on 22 Jul 2025. Ram Narain Jindal ceased to be Director on 27 Nov 2022. Nishtha Jindal ceased to be Additional Director on 29 Jul 2021. Courage Financial Services has 12 board changes on record in total.
The registered office of Courage Financial Services is at 312 TF 10, Essel House Asaf Ali Road, New Delhi, Delhi, India – 110002.
Courage Financial Services operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Courage Financial Services is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
Courage Financial Services can be reached at its registered office: 312 TF 10, Essel House Asaf Ali Road, New Delhi, Delhi, India – 110002.

