
About Kartar Finlease Limited
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Kartar Finlease Limited is a public limited company based in Malerkotla, Punjab, India. It operates in the forex services segment of the financial services sector. It was incorporated on 29 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1995PLC017488. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Nirbhai Singh (Managing Director) and Harpinder Singh.
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 Grewal Chowkmalerkotla Sangrur, Punjab, India – 148023.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.01 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹18,534 (net margin 0.2%) and EBITDA of ₹40,182 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kartarfilease.com.
Company details
CIN history
Kartar Finlease has one previous CIN (Corporate Identification Number): L65921PB1995PLC017488. The current CIN is U65921PB1995PLC017488, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1995PLC017488 | Current |
| L65921PB1995PLC017488 | Previous |
Contact details
Kartar Finlease Limited's registered office is in Malerkotla, Punjab. Its website is kartarfilease.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGrewal Chowkmalerkotla Sangrur, Punjab, India – 148023
- IndustryFinancial Services, Forex Services
To see the full contact details of Kartar Finlease 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 Kartar Finlease 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 Kartar Finlease Limited, buy the company report.
Financials of Kartar Finlease Limited
FY 2025 filings availableKartar Finlease Limited reported revenue of ₹1.01 Cr (up 24% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 51% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.01 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹40,182 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹18,534 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.4% | ||
| Net Profit Margin | 0.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Kartar Finlease Limited, buy the company report.
Board of directors of Kartar Finlease Limited
Kartar Finlease has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harpinder Singh | Director | 30 Sep 2017 | 9 Years 1 Months | Current |
| Sarbjit Kaur | Director | 30 Sep 2017 | 9 Years 1 Months | Current |
| Yadwinder Singh | Director | 07 Jun 2010 | 16 Years 5 Months | Current |
| Nirbhai Singh | Managing Director | 29 Dec 1995 | 30 Years 10 Months | Current |
Auditor
Kartar Finlease Limited is audited by AJAY SADHU AGGARWAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY SADHU AGGARWAL & CO | FY 2017 | 022371N |
Shareholding
The shareholding of Kartar Finlease Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kartar Finlease Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kartar Finlease 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 Kartar Finlease Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kartar Finlease has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kartar Finlease Limited, buy the company report.
Recent activity
Kartar Finlease Limited has 7 board changes on record since 1995: 4 appointments and 3 cessations. The latest: Gurmail Singh ceased to be Director on 30 Sep 2017.
Frequently asked questions
Kartar Finlease is an active public limited company based in Malerkotla, Punjab, India. The company works in forex services, within the financial services industry. It was incorporated on 29 December 1995 (31+ years old) and is registered under CIN U65921PB1995PLC017488.
Kartar Finlease has 4 current directors:
- Nirbhai Singh - Managing Director
- Harpinder Singh - Director
- Sarbjit Kaur - Director
- Yadwinder Singh - Director
The latest financial statements of Kartar Finlease 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.
No. Kartar Finlease has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kartar Finlease is U65921PB1995PLC017488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kartar Finlease was incorporated on 29 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
Gurmail Singh ceased to be Director on 30 Sep 2017. Harpinder Singh was appointed as Director on 30 Sep 2017. Kulwinder Singh Gill ceased to be Director on 30 Sep 2017. Kartar Finlease has 7 board changes on record in total.
Kartar Finlease can be reached through the website kartarfilease.com. Its registered office is in Malerkotla, Punjab, India.
The registered office of Kartar Finlease is at Grewal Chowkmalerkotla Sangrur, Punjab, India – 148023.
Kartar Finlease operates in the financial services industry, in the forex services segment.

