India's Richest People 2026 edition · 1 director · Source: Hurun India
- #941 Mayank Kejriwal & family ₹3,100 Cr
Malay Commercial Enterprises Ltd
Malay Commercial Enterprises Ltd - financial services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Active Public Limited Company financial services
Revenue · FY 2025
₹90.5 Lakh
▼ 20% YoY
Net profit · FY 2025
₹1.31 Cr
Net margin 144.6%
EBITDA · FY 2025
₹1.49 Cr
EBITDA margin 164.4%
Authorised capital
₹3.24 Cr
Registered with MCA
Paid-up capital
₹3.23 Cr
Issued & subscribed
Company age
44 yrs
Est. 1982
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Malay Commercial Enterprises Ltd
Data last updated:
Malay Commercial Enterprises Ltd is a public 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 15 December 1982 and has been in existence for over 44 years.
Its director Mayank Kejriwal and family are #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1982PLC035551.
The company has an authorised share capital of ₹3.24 Cr and a paid-up capital of ₹3.23 Cr. It is led by directors including Aarti Kejriwal and Amit Kumar Jha.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.5 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 144.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 164.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909WB1982PLC035551
Registration Number 035551
Incorporation Date 15 December 1982
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Malay Commercial Enterprises has one previous CIN (Corporate Identification Number): L51909WB1982PLC035551. The current CIN is U51909WB1982PLC035551, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1982PLC035551 | Current |
| L51909WB1982PLC035551 | Previous |
Recognitions & Rankings of Malay Commercial Enterprises
Contact details
Malay Commercial Enterprises Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No 55 3rd Floor, Stephen House 4 B.B.D. Bag (East), Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Malay Commercial Enterprises Ltd, buy the company report.
Comprehensive company report
Malay Commercial Enterprises Ltd - one report that includes everything
- 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
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Financials of Malay Commercial Enterprises Ltd
FY 2025 filings availableMalay Commercial Enterprises Ltd reported revenue of ₹90.5 Lakh (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹90.5 Lakh ▼ 20%
Net profit · FY 2025
₹1.31 Cr margin 144.6%
EBITDA · FY 2025
₹1.49 Cr margin 164.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 29%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 54%
5 years · compounded
▲ 10%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 73% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 164.4% | ||||
| Net Profit Margin | 144.6% | ||||
| 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 Malay Commercial Enterprises Ltd, buy the company report.
Board of directors of Malay Commercial Enterprises Ltd
Malay Commercial Enterprises has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aarti Kejriwal | Director | 03 Apr 2013 | 13 Years 7 Months | Current |
| Amit Kumar Jha Also directs: Electrosteel Thermal Coal Limited, Wilcox Merchants Pvt Ltd, Tulsi Highrise Pvt Ltd and 1 more | Director | 08 May 2023 | 3 Years 5 Months | Current |
| Mayank Kejriwal | Director | 25 Jan 2002 | 24 Years 9 Months | Current |
Peer comparison
Malay Commercial Enterprises Ltd is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Fantasy Investments Private Limited | ₹90.84 Lakh (FY 2024) | 164.0% | Kolkata, West Bengal, India | |||
| Rankini Traders Pvt. Ltd. | ₹90.79 Lakh (FY 2021) | -34.0% | Kolkata, West Bengal, India | |||
| Saffron Holdings Private Limited | ₹90.66 Lakh (FY 2025) | 199.0% | Delhi, India | |||
| Padinjarekara Finance Company Private Limited | ₹90.53 Lakh (FY 2024) | 15.0% | Udumbanchola, Kerala, India | |||
| V I P Growth Fund Private Limited | ₹90.51 Lakh (FY 2024) | 205.0% | New Delhi, Delhi, India | |||
| Malay Commercial Enterprises Ltdthis company | ₹90.5 Lakh (FY 2025) | ₹1.31 Cr | 144.6% | -20.0% | Kolkata, West Bengal, India | |
| J G Trading & Investment Pvt Ltd | ₹90.49 Lakh (FY 2023) | 102.0% | Hooghly, West Bengal, India | |||
| Acn Financial Services Limited | ₹90.44 Lakh (FY 2024) | 63.0% | New Delhi, Delhi, India | |||
| Omex Management Pvt. Ltd. | ₹90.36 Lakh (FY 2025) | 15.0% | Ghaziabad, Uttar Pradesh, India | |||
| D. L. Nagpal Finance and Leasing Co Private Limited | ₹90.27 Lakh (FY 2025) | 72.0% | New Delhi, Delhi, India | |||
| Upvan Leasing Private Limited | ₹90.11 Lakh (FY 2025) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Malay Commercial Enterprises Ltd, buy the company report.
Auditor
Malay Commercial Enterprises Ltd is audited by B CHHAWCHHARIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B CHHAWCHHARIA & CO | FY 2017 | 305123E |
Shareholding
The shareholding of Malay Commercial Enterprises Ltd 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 Malay Commercial Enterprises Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Malay Commercial Enterprises 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 Malay Commercial Enterprises Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Malay Commercial Enterprises Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Malay Commercial Enterprises Ltd has 13 board changes on record since 2002: 4 appointments and 9 cessations. The latest: Amit Kumar Jha ceased to be Director Appointed In Casual Vacancy on 28 Sep 2023.
AGM
Malay Commercial Enterprises Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Malay Commercial Enterprises Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Ceased
Amit Kumar Jha ceased to be Director Appointed In Casual Vacancy.
Appointed
Amit Kumar Jha was appointed as Director.
Ceased
Dilip Kumar Jain ceased to be Additional Director.
Ceased
Ashutosh Agarwal ceased to be Director.
Appointed
Aarti Kejriwal was appointed as Director.
Ceased
Uddhav Kejriwal ceased to be Director.
Ceased
Sandeep Tekriwal ceased to be Additional Director.
Appointed
Sunil Kumar Agarwal was appointed as Person Incharge.
Ceased
Manish Ramesh Bhat ceased to be Director.
Ceased
Avinash Chandra Gupta ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Malay Commercial Enterprises is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 15 December 1982 (44+ years old) and is registered under CIN U51909WB1982PLC035551.
Malay Commercial Enterprises has 3 current directors:
- Aarti Kejriwal - Director
- Amit Kumar Jha - Director
- Mayank Kejriwal - Director
The latest financial statements of Malay Commercial Enterprises 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.
The CIN (Corporate Identification Number) of Malay Commercial Enterprises is U51909WB1982PLC035551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malay Commercial Enterprises was incorporated on 15 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Malay Commercial Enterprises by revenue are Fantasy Investments Private Limited, Rankini Traders Pvt. Ltd, Saffron Holdings Private Limited, Padinjarekara Finance Company Private Limited, V I P Growth Fund Private Limited and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Amit Kumar Jha ceased to be Director Appointed In Casual Vacancy on 28 Sep 2023. Amit Kumar Jha was appointed as Director on 08 May 2023. Dilip Kumar Jain ceased to be Additional Director on 10 Apr 2023. Malay Commercial Enterprises has 13 board changes on record in total.
The registered office of Malay Commercial Enterprises is at Room No 55 3rd Floor, Stephen House 4 B.B.D. Bag East, Kolkata, West Bengal, India – 700001.
Malay Commercial Enterprises operates in the financial services industry, in the nbfc segment.
The compliance status of Malay Commercial Enterprises is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
Malay Commercial Enterprises can be reached at its registered office: Room No 55 3rd Floor, Stephen House 4 B.B.D. Bag East, Kolkata, West Bengal, India – 700001.
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