
Goyal Advances Private Limited
About Goyal Advances Private Limited
Data last updated:
Goyal Advances Private Limited is a private limited company based in Punjab, India, a subsidiary of Nitesh Automobiles Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1995PTC017402.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Ranju Goyal and Dharam Pal Goyal.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajpura Roadnear Bus Stand Patiala, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.06 Lakh. For the same year it recorded a net profit of ₹62,256 (net margin 15.4%) and EBITDA of ₹84,129 (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRajpura Roadnear Bus Stand Patiala, Punjab, India
- 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
The main business activity of Goyal Advances is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing 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
Financials of Goyal Advances Private Limited
FY 2025 filings availableGoyal Advances Private Limited reported revenue of ₹4.06 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. EBITDA rose 2% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹84,129 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹62,256 | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 20.7% | |
| Net Profit Margin | 15.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Goyal Advances are in the company report.
: available in the company report
Board of Directors of Goyal Advances Private Limited
Goyal Advances has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranju Goyal | Director | 08 Dec 1995 | 30 Years 10 Months | Current |
| Dharam Pal Goyal Also directs: D P Goyal Automobiles Private Limited | Director | 18 Dec 1995 | 30 Years 10 Months | Current |
Auditor Details
Goyal Advances Private Limited is audited by JINDAL ANIL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JINDAL ANIL & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Goyal Advances Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Goyal Advances.
: available in the company report
Recent Activity
Goyal Advances Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Dharam Pal Goyal was appointed as Director on 18 Dec 1995.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Goyal Advances is an active private limited company based in Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 December 1995 (31+ years old) and is registered under CIN U65921PB1995PTC017402.
Goyal Advances has 2 current directors:
- Ranju Goyal - Director
- Dharam Pal Goyal - Director
The latest financial statements of Goyal Advances on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Goyal Advances is U65921PB1995PTC017402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Advances was incorporated on 08 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
Dharam Pal Goyal was appointed as Director on 18 Dec 1995. Ranju Goyal was appointed as Director on 08 Dec 1995.
The registered office of Goyal Advances is at Rajpura Roadnear Bus Stand Patiala, Punjab, India.
Goyal Advances operates in the financial services industry, in the diversified financial services segment.
The compliance status of Goyal Advances is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
Goyal Advances can be reached at its registered office: Rajpura Roadnear Bus Stand Patiala, Punjab, India.