
Nalin Services Limited
About Nalin Services Limited
Data last updated:
Nalin Services Limited was a public limited company based in Himatnagar, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 04 October 1996.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15118GJ1996PLC030871.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.01 Lakh. It was led by directors including Harsh Dilipkumar Gandhi and Pallaviben Dilipkumar Gandhi.
Its last annual general meeting (AGM) was held on 10 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Gandhi Nursing Home Bldgdr Nr Gandhi Road, Himatnagar, Gujarat, India – 383001.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.12 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹4,799 (net margin 0.9%) and EBITDA of ₹2.24 Lakh (EBITDA margin 43.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Company details
Contact details
Nalin Services Limited's registered office is in Himatnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGandhi Nursing Home Bldgdr Nr Gandhi Road, Himatnagar, Gujarat, India – 383001
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of Nalin Services 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 Nalin Services 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 Nalin Services Limited, buy the company report.
Financials of Nalin Services Limited
FY 2019 filings availableNalin Services Limited reported revenue of ₹5.12 Lakh (down 26% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 26% fall in the latest year. EBITDA fell 59% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹2.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4,799 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.7% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Nalin Services Limited, buy the company report.
Board of directors of Nalin Services Limited
Nalin 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 |
|---|---|---|---|---|
| Harsh Dilipkumar Gandhi | Director | 28 May 2013 | 13 Years 5 Months | As last reported |
| Pallaviben Dilipkumar Gandhi Also directs: Nalin Lease Finance Limited | Director | 04 Oct 1996 | 30 Years 1 Months | As last reported |
| Dilipkumar Nalinkant Gandhi | Director | 04 Oct 1996 | 30 Years 1 Months | As last reported |
Peer comparison
Nalin Services 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 |
|---|---|---|---|---|---|---|
| Wonder Consulting Solutions Private Limited | ₹5.16 Lakh (FY 2025) | -19.0% | Karnal, Haryana, India | |||
| Gangotri Commerce Private Ltd | ₹5.15 Lakh (FY 2024) | -47.0% | Kolkata, West Bengal, India | |||
| Meristos Financial Services Private Limited | ₹5.15 Lakh (FY 2025) | -67.0% | Thrissur, Kerala, India | |||
| Maru Systems Private Limited | ₹5.14 Lakh (FY 2024) | -47.0% | Bangalore, Karnataka, India | |||
| VGS Tax Solutions Private Limited | ₹5.13 Lakh (FY 2025) | 19.0% | Ranchi, Jharkhand, India | |||
| Nalin Services Limitedthis company | ₹5.12 Lakh (FY 2019) | ₹4,799 | 0.9% | -26.0% | Himatnagar, Gujarat, India | |
| 3-Arrows Financial Advisory Private Limited | ₹5.12 Lakh (FY 2024) | -22.0% | New Delhi, Delhi, India | |||
| Ivanhoe Cambridge Investment Advisory (India) Private Limited | ₹5.11 Lakh (FY 2025) | 3648.0% | Gurgaon, Haryana, India | |||
| Uranus Associates Private Limited | ₹5.11 Lakh (FY 2024) | -44.0% | Raipur, Chhattisgarh, India | |||
| Infinity Investment and Financial Services Private Limited | ₹5.1 Lakh (FY 2016) | 15.0% | Navi Mumbai, Maharashtra, India | |||
| 617 Ventures Private Limited | ₹5.1 Lakh (FY 2025) | 99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nalin Services Limited, buy the company report.
Auditor
Nalin Services Limited is audited by DEEPAK R SONI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK R SONI & CO | FY 2017 | 102245W |
Shareholding
The shareholding of Nalin Services 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 Nalin Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nalin Services 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 Nalin Services 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 Nalin Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nalin Services Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Harsh Dilipkumar Gandhi ceased to be Additional Director on 25 Jun 2013.
Frequently asked questions
Nalin Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nalin Services was a public limited company based in Himatnagar, Gujarat, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 04 October 1996 and is registered under CIN U15118GJ1996PLC030871. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nalin Services was incorporated on 04 October 1996. It is registered with the Registrar of Companies, Ahmedabad.
Nalin Services had 3 directors:
- Harsh Dilipkumar Gandhi - Director
- Pallaviben Dilipkumar Gandhi - Director
- Dilipkumar Nalinkant Gandhi - Director
The CIN (Corporate Identification Number) of Nalin Services is U15118GJ1996PLC030871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nalin Services is at Gandhi Nursing Home Bldgdr Nr Gandhi Road, Himatnagar, Gujarat, India – 383001.
The latest financial statements of Nalin Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 10 September 2019. Year-wise statements from 2015 are in the company report.
Nalin Services operated in the financial services industry, in the financial brokerage segment.
The peers of Nalin Services by revenue are Wonder Consulting Solutions Private Limited, Gangotri Commerce Private Ltd, Meristos Financial Services Private Limited, Maru Systems Private Limited, VGS Tax Solutions Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Harsh Dilipkumar Gandhi ceased to be Additional Director on 25 Jun 2013. Nipurnaben Nalinkant Gandhi ceased to be Director on 25 Jun 2013. Harsh Dilipkumar Gandhi was appointed as Director on 28 May 2013. Nalin Services has 5 board changes on record in total.
The compliance status of Nalin Services is compliant as of 18 August 2026.

