Marit Finance Limited
About Marit Finance Limited
Data last updated:
Marit Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 06 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1995PLC089230.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.01 Lakh. It is led by directors including Lalit Kumar Chhajed and Pratik Harshad Kalsariya.
Its last annual general meeting (AGM) was held on 04 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.01 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹9,509 (net margin -2.4%) and EBITDA of ₹2,506 (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Marit Finance has one previous CIN (Corporate Identification Number): U65923MH1995PTC089230. The current CIN is U65923MH1995PLC089230, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923MH1995PLC089230 | Current |
| U65923MH1995PTC089230 | Previous |
Contact details
Marit Finance Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 502 Grand Edifice Near Akurli Industry Estate, Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Marit Finance 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 Marit Finance is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Marit Finance Limited, buy the company report.
Financials of Marit Finance Limited
FY 2025 filings availableMarit Finance Limited reported revenue of ₹4.01 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 3% growth in the latest year. EBITDA fell 93% 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 |
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| EBITDA | ₹2,506 | ||||
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| Net Profit (PAT) | -₹9,509 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Marit Finance Limited, buy the company report.
Board of directors of Marit Finance Limited
Marit Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Chhajed | Director | 06 Jun 1995 | 31 Years 4 Months | Current |
| Pratik Harshad Kalsariya | Director | 15 Feb 2020 | 6 Years 8 Months | Current |
| Chetana Lalit Chhajed Also directs: Kapcon Management Private Limited | Director | 06 Jun 1995 | 31 Years 4 Months | Current |
Auditor
Marit Finance Limited is audited by B M GATTANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M GATTANI & CO | FY 2021 | 113536W |
Shareholding
The shareholding of Marit Finance Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Marit Finance Limited, buy the company report.
Legal cases
Marit Finance Limited has 4 court cases on record: 4 filed by Marit Finance. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Gujarat Composite Ltd | Disposed |
To see the full case history of Marit Finance Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marit Finance Limited; 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 Marit Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marit Finance Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Pratik Harshad Kalsariya ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Marit Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 06 June 1995 (31+ years old) and is registered under CIN U65923MH1995PLC089230.
Marit Finance has 3 current directors:
- Lalit Kumar Chhajed - Director
- Pratik Harshad Kalsariya - Director
- Chetana Lalit Chhajed - Director
The latest financial statements of Marit Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Marit Finance is U65923MH1995PLC089230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marit Finance has 4 court cases on record: 4 filed by the company.
Marit Finance was incorporated on 06 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Pratik Harshad Kalsariya ceased to be Additional Director on 30 Nov 2021. Mehul Lalitkumar Chhajed ceased to be Additional Director on 01 Mar 2020. Pratik Harshad Kalsariya was appointed as Director on 15 Feb 2020. Marit Finance has 7 board changes on record in total.
The registered office of Marit Finance is at Office No. 502 Grand Edifice Near Akurli Industry Estate, Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.
Marit Finance operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of Marit Finance is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.