Majestic Financial Services Ltd
About Majestic Financial Services Ltd
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Majestic Financial Services Ltd is a public limited company based in Ludhiana, Punjab, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65910PB1995PLC015565. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹30.1 Lakh. It is led by directors including Vijay Vig and Arun Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – Xxx/154 Kailash Nagar Focal Point Road Sherpur., Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2023, the company reported a revenue of ₹17,826, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹340 (net margin 1.9%) and EBITDA of ₹504 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Majestic Financial Services has one previous CIN (Corporate Identification Number): L65910PB1995PLC015565. The current CIN is U65910PB1995PLC015565, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910PB1995PLC015565 | Current |
| L65910PB1995PLC015565 | Previous |
Contact details
Majestic Financial Services Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – Xxx/154 Kailash Nagar Focal Point Road Sherpur., Ludhiana, Punjab, India – 141010
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Majestic Financial Services Ltd, 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 Majestic Financial Services Ltd
FY 2023 filings availableMajestic Financial Services Ltd reported revenue of ₹17,826 (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 15% fall in the latest year. EBITDA rose 195% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17,826 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹504 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹340 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Majestic Financial Services Ltd, buy the company report.
Board of directors of Majestic Financial Services Ltd
Majestic Financial Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Vig Also directs: Galaxy Stationery Private Limited, Varahi Exports Private Limited | Director | 05 Jan 1995 | 31 Years 10 Months | Current |
| Arun Sharma Also directs: B A Constructions Private Limited | Director | 05 Jan 1995 | 31 Years 10 Months | Current |
| Vikrant Goyal Also directs: Akoons Life Sciences Private Limited | Director | 22 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Majestic Financial Services Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aprest Investment and Finance Private Limited | ₹18,000 (FY 2024) | 50.0% | New Delhi, Delhi, India | |||
| Euro Advisory Services Private Limited | ₹18,000 (FY 2016) | New Delhi, Delhi, India | ||||
| Khatuwala Holdings Private Limited | ₹18,000 (FY 2025) | 350.0% | New Delhi, Delhi, India | |||
| Surabhi Dairy Products Pvt Ltd. | ₹18,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Adharshila Holdings Private Limited | ₹17,900 (FY 2025) | 8.0% | Delhi, India | |||
| Majestic Financial Services Ltdthis company | ₹17,826 (FY 2023) | ₹340 | 1.9% | -15.0% | Ludhiana, Punjab, India | |
| Uv Strategic Advisers Private Limited | ₹17,814 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| Kamlesh Auto Private Limited | ₹17,794 (FY 2016) | -85.0% | New Delhi, Delhi, India | |||
| Karol Bagh Trading Limited | ₹17,774 (FY 2016) | 18.0% | New Delhi, Delhi, India | |||
| Survi Dealers Private Limited | ₹17,765 (FY 2020) | Kolkata, West Bengal, India | ||||
| Brij Krin Investment Private Limited | ₹17,757 (FY 2024) | -30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Majestic Financial Services Ltd, buy the company report.
Auditor
Majestic Financial Services Ltd is audited by JAIN & ANIL SOOD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & ANIL SOOD | FY 2023 | 010505N |
Shareholding
The shareholding of Majestic Financial Services Ltd 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 Majestic Financial Services Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Majestic Financial Services Ltd 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 Majestic Financial Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Majestic Financial Services 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 Majestic Financial Services Ltd, buy the company report.
Recent activity
Majestic Financial Services Ltd has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Vikrant Goyal ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Majestic Financial Services is an active public limited company based in Ludhiana, Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 January 1995 (31+ years old) and is registered under CIN U65910PB1995PLC015565.
Majestic Financial Services has 3 current directors:
- Vijay Vig - Director
- Arun Sharma - Director
- Vikrant Goyal - Director
The latest financial statements of Majestic Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Majestic Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Majestic Financial Services is U65910PB1995PLC015565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Majestic Financial Services was incorporated on 05 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Majestic Financial Services by revenue are Aprest Investment and Finance Private Limited, Euro Advisory Services Private Limited, Khatuwala Holdings Private Limited, Surabhi Dairy Products Pvt Ltd, Adharshila Holdings Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Vikrant Goyal ceased to be Additional Director on 30 Sep 2015. Ram Kumar ceased to be Director on 22 Jan 2015. Vikrant Goyal was appointed as Director on 22 Jan 2015. Majestic Financial Services has 5 board changes on record in total.
The registered office of Majestic Financial Services is at B – Xxx154 Kailash Nagar Focal Point Road Sherpur., Ludhiana, Punjab, India – 141010.
Majestic Financial Services operates in the financial services industry, in the diversified financial services segment.
The compliance status of Majestic Financial Services is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
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