Morfin Consultancy Private Limited
About Morfin Consultancy Private Limited
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Morfin Consultancy Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 01 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2001PTC040065.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hitesh Ramanlal Gandhi and Mitesh Rashmikant Chokshi.
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 Sf – 202 City Centre B/H Nyay Mandir Old Sadhna Cinema Laheripura New Road, Vadodara, Gujarat, India – 390001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.31 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹21,469 (net margin 1.5%) and EBITDA of ₹69,167 (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Morfin Consultancy Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf – 202 City Centre B/H Nyay Mandir Old Sadhna Cinema Laheripura New Road, Vadodara, Gujarat, India – 390001
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Morfin Consultancy Private 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 Morfin Consultancy is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Morfin Consultancy Private Limited, buy the company report.
Financials of Morfin Consultancy Private Limited
FY 2025 filings availableMorfin Consultancy Private Limited reported revenue of ₹14.31 Lakh (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 12% growth in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹69,167 | ||||
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| Net Profit (PAT) | ₹21,469 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Morfin Consultancy Private Limited, buy the company report.
Board of directors of Morfin Consultancy Private Limited
Morfin Consultancy has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Ramanlal Gandhi | Director | 01 Oct 2001 | 25 Years 1 Months | Current |
| Mitesh Rashmikant Chokshi | Director | 01 Oct 2001 | 25 Years 1 Months | Current |
Peer comparison
Morfin Consultancy Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nabayog Share Broking Limited | ₹14.37 Lakh (FY 2017) | -11.0% | Berhampore, West Bengal, India | |||
| Nanbargal Management Consultancy Private Limited | ₹14.36 Lakh (FY 2024) | 46.0% | Chennai, Tamil Nadu, India | |||
| Subikhsham Wealth & Holdings Private Limited | ₹14.34 Lakh (FY 2025) | 3655.0% | Chennai, Tamil Nadu, India | |||
| An Capital Markets Limited | ₹14.34 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| First Deal Finloan Services Private Limited | ₹14.34 Lakh (FY 2024) | 41.0% | Gandhinagar, Gujarat, India | |||
| Morfin Consultancy Private Limitedthis company | ₹14.31 Lakh (FY 2025) | ₹21,469 | 1.5% | 12.0% | Vadodara, Gujarat, India | |
| Ethica India Advisors Private Limited | ₹14.3 Lakh (FY 2025) | -51.0% | New Delhi, Delhi, India | |||
| Janpragati Commercial Private Limited | ₹14.3 Lakh (FY 2024) | 7.0% | Ghatsila, Jharkhand, India | |||
| Scania Biotech Private Limited | ₹14.3 Lakh (FY 2025) | -55.0% | Odisha, India | |||
| Chattel Consultants Private Limited | ₹14.29 Lakh (FY 2024) | 304.0% | Bhubaneswar, Odisha, India | |||
| Authentiz Global Services Private Limited | ₹14.27 Lakh (FY 2024) | 31.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Morfin Consultancy Private Limited, buy the company report.
Auditor
Morfin Consultancy Private Limited is audited by Y.K.BASER AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y.K.BASER AND CO. | FY 2017 | 0116155W |
Shareholding
The shareholding of Morfin Consultancy Private 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 Morfin Consultancy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Morfin Consultancy Private 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 Morfin Consultancy Private 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 Morfin Consultancy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Morfin Consultancy Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Rashmikant Rasiklal Choksi ceased to be Director on 23 Aug 2018.
Frequently asked questions
Morfin Consultancy is an active private limited company based in Vadodara, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 01 October 2001 (25+ years old) and is registered under CIN U74140GJ2001PTC040065.
Morfin Consultancy has 2 current directors:
- Hitesh Ramanlal Gandhi - Director
- Mitesh Rashmikant Chokshi - Director
The latest financial statements of Morfin Consultancy 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 Morfin Consultancy is U74140GJ2001PTC040065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morfin Consultancy was incorporated on 01 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Morfin Consultancy by revenue are Nabayog Share Broking Limited, Nanbargal Management Consultancy Private Limited, Subikhsham Wealth & Holdings Private Limited, An Capital Markets Limited, First Deal Finloan Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Rashmikant Rasiklal Choksi ceased to be Director on 23 Aug 2018. Hitesh Ramanlal Gandhi was appointed as Director on 01 Oct 2001. Mitesh Rashmikant Chokshi was appointed as Director on 01 Oct 2001. Morfin Consultancy has 4 board changes on record in total.
The registered office of Morfin Consultancy is at Sf – 202 City Centre BH Nyay Mandir Old Sadhna Cinema Laheripura New Road, Vadodara, Gujarat, India – 390001.
Morfin Consultancy operates in the financial services industry, in the advisory segment.
The compliance status of Morfin Consultancy is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
Morfin Consultancy can be reached at its registered office: Sf – 202 City Centre BH Nyay Mandir Old Sadhna Cinema Laheripura New Road, Vadodara, Gujarat, India – 390001.
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