Dhan Commercial Private Limited
About Dhan Commercial Private Limited
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Dhan Commercial Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 09 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC077199.
The company has an authorised share capital of ₹1.31 Cr and a paid-up capital of ₹92.33 Lakh. It was formerly known as Tirtha Vyapaar Private Limited. It is led by directors Kaushik Dhanuka and Anjani Dhanuka.
Its last annual general meeting (AGM) was held on 16 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/2 Sarat Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹121.05 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹7.27 Cr (net margin 6%) and EBITDA of ₹9.23 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 76% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dhan Commercial Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/2 Sarat Bose Road, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Dhan Commercial 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 Dhan Commercial 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 Dhan Commercial Private Limited, buy the company report.
Financials of Dhan Commercial Private Limited
FY 2025 filings availableDhan Commercial Private Limited reported revenue of ₹121.05 Cr (up 124% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 124% growth in the latest year. EBITDA fell 34% 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 | ₹9.23 Cr | ||||
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| Net Profit (PAT) | ₹7.27 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Dhan Commercial Private Limited, buy the company report.
Board of directors of Dhan Commercial Private Limited
Dhan Commercial has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Dhanuka Also directs: Sivram Commercial Company Pvt Ltd | Director | 22 Apr 1999 | 27 Years 6 Months | Current |
| Anjani Dhanuka Also directs: Sivram Commercial Company Pvt Ltd | Director | 22 Apr 1999 | 27 Years 6 Months | Current |
Peer comparison
Dhan Commercial Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Navachetana Microfin Services Private Limited | ₹125.67 Cr (FY 2025) | -14.0% | Haveri, Karnataka, India | |||
| Aryavrat Financial Services Private Limited | ₹124.95 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Dhan Commercial Private Limitedthis company | ₹121.05 Cr (FY 2025) | ₹7.27 Cr | 6% | 124.0% | Kolkata, West Bengal, India | |
| Hindon Mercantile Limited | ₹120.38 Cr (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Aryadhan Financial Solutions Private Limited | ₹120.35 Cr (FY 2025) | 58.0% | Noida, Uttar Pradesh, India | |||
| Newtap Finance Private Limited | ₹120.14 Cr (FY 2025) | 51.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Dhan Commercial Private Limited, buy the company report.
Auditor
Dhan Commercial Private Limited is audited by B. CHHAWCHHARIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. CHHAWCHHARIA & CO. | FY 2023 | 305123E |
Shareholding
The shareholding of Dhan Commercial Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dhan Commercial Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dhan Commercial 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 Dhan Commercial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dhan Commercial has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Dhan Commercial Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dhan Commercial Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Anjani Dhanuka was appointed as Director on 22 Apr 1999.
Frequently asked questions
Dhan Commercial is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 09 February 1996 (30+ years old) and is registered under CIN U51909WB1996PTC077199.
Dhan Commercial has 2 current directors:
- Kaushik Dhanuka - Director
- Anjani Dhanuka - Director
The latest financial statements of Dhan Commercial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dhan Commercial is U51909WB1996PTC077199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhan Commercial was incorporated on 09 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Dhan Commercial by revenue are Navachetana Microfin Services Private Limited, Aryavrat Financial Services Private Limited, Hindon Mercantile Limited, Aryadhan Financial Solutions Private Limited, Newtap Finance Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Anjani Dhanuka was appointed as Director on 22 Apr 1999. Kaushik Dhanuka was appointed as Director on 22 Apr 1999.
The registered office of Dhan Commercial is at 22 Sarat Bose Road, Kolkata, West Bengal, India – 700020.
Dhan Commercial operates in the financial services industry, in the nbfc segment.
The compliance status of Dhan Commercial is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.
Yes. Dhan Commercial was formerly known as Tirtha Vyapaar Private Limited.
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