
Dhavalagiri Microfin Private Limited
About Dhavalagiri Microfin Private Limited
Data last updated:
Dhavalagiri Microfin Private Limited is a private not for profit company based in Ainapur Tal Athani, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2011NPL057560.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Girimalla Shivputhra Ganiger (Whole-Time Director) and Balasaheb Danolli (Whole-Time Director).
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 At And Post Ainapur, Ainapur Tal Athani, Karnataka, India – 591303.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.63 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹17,299 (net margin 0.8%) and EBITDA of ₹37,389 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
Court records list 10 cases involving the company, including 10 filed by the company; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAt And Post Ainapur, Ainapur Tal Athani, Karnataka, India – 591303
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Dhavalagiri Microfin Private Limited
The main business activity of Dhavalagiri Microfin is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dhavalagiri Microfin Private Limited FY 2025 filings available
Dhavalagiri Microfin Private Limited reported revenue of ₹22.63 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dhavalagiri Microfin Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 19% fall in the latest year. EBITDA fell 10% 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 of Dhavalagiri Microfin Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹37,389 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17,299 | •••• | •••• | •••• | •••• |
| 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 of Dhavalagiri Microfin Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dhavalagiri Microfin are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mufin Commercial Private Limited | ₹22.68 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Niyopay Credit Private Limited | ₹22.67 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Edwin Capital Services Private Limited | ₹22.67 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Zirakpur, Punjab, India |
| Rasex Traders Private Limited | ₹22.67 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | Mumbai, Maharashtra, India |
| Addwings Secman Resources Private Limited | ₹22.65 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Chennai, Tamil Nadu, India |
| Dhavalagiri Microfin Private Limited this company | ₹22.63 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Ainapur Tal Athani, Karnataka, India |
| Rhomboid Finguru Private Limited | ₹22.63 Lakh (FY 2024) | •••• | •••• | 89.0% | •••• | Mumbai, Maharashtra, India |
| Kopra Estate Private Limited | ₹22.62 Lakh (FY 2025) | •••• | •••• | 117.0% | •••• | Mumbai, Maharashtra, India |
| Anupam Securities Private Limited | ₹22.6 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| Gold Stone Financial Services Private Limited | ₹22.58 Lakh (FY 2020) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Ganga Capital Limited | ₹22.57 Lakh (FY 2022) | •••• | •••• | 251.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Dhavalagiri Microfin by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin Private Limited is audited by KISHOR R JOSHI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KISHOR R JOSHI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girimalla Shivputhra Ganiger | Whole-Time Director | 11 Mar 2011 | 15 Years 7 Months | Current |
| Balasaheb Danolli | Whole-Time Director | 11 Mar 2011 | 15 Years 7 Months | Current |
| Avinash Sangappa Ganiger | Whole-Time Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Praveen Chandrashekhar Ganiger | Whole-Time Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Suresh Irrappa Adiseri | Whole-Time Director | 11 Mar 2011 | 15 Years 7 Months | Current |
Ownership and Shareholding of Dhavalagiri Microfin Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin Private Limited has 10 court cases on record: 10 filed by Dhavalagiri Microfin. All cases are pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 10 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Dhavalagiri Microfin Private Limited
Employment history and EPFO contributions of people linked to Dhavalagiri Microfin.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Avinash Sangappa Ganiger ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Dhavalagiri Microfin Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dhavalagiri Microfin Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhavalagiri Microfin Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dhavalagiri Microfin Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhavalagiri Microfin Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dhavalagiri Microfin Private Limited
Dhavalagiri Microfin is an active private not for profit company based in Ainapur Tal Athani, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U67190KA2011NPL057560.
Dhavalagiri Microfin reported revenue of ₹22.63 Lakh for FY 2024 (down 19% YoY).
Dhavalagiri Microfin has 5 current directors:
- Girimalla Shivputhra Ganiger - Whole-Time Director
- Balasaheb Danolli - Whole-Time Director
- Avinash Sangappa Ganiger - Whole-Time Director
- Praveen Chandrashekhar Ganiger - Whole-Time Director
- Suresh Irrappa Adiseri - Whole-Time Director
Dhavalagiri Microfin reported a net profit of ₹17,299 (net margin 0.8%) and EBITDA of ₹37,389 (EBITDA margin 1.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhavalagiri Microfin is -1% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Dhavalagiri Microfin is U67190KA2011NPL057560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhavalagiri Microfin has 10 court cases on record: 10 filed by the company. 10 are pending.
Dhavalagiri Microfin was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Dhavalagiri Microfin by revenue are Mufin Commercial Private Limited, Niyopay Credit Private Limited, Edwin Capital Services Private Limited, Rasex Traders Private Limited, Addwings Secman Resources Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Avinash Sangappa Ganiger ceased to be Additional Director on 29 Sep 2017. Praveen Chandrashekhar Ganiger ceased to be Additional Director on 29 Sep 2017. Avinash Sangappa Ganiger was appointed as Whole-Time Director on 25 Mar 2017. Dhavalagiri Microfin has 7 board changes on record in total.
The registered office of Dhavalagiri Microfin is at At And Post Ainapur, Ainapur Tal Athani, Karnataka, India – 591303.