MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0017813
Narandas Agencies Pvt Ltd
Narandas Agencies Pvt Ltd - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.3 Cr
▼ 10% YoY
Net profit · FY 2024
₹53.45 Lakh
Net margin 4.3%
EBITDA · FY 2024
₹79.73 Lakh
EBITDA margin 6.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Narandas Agencies Pvt Ltd
Data last updated:
Narandas Agencies Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 12 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24222MH1992PTC068966. Its GSTIN is 27AAACN2614G1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Jinal Ajit Sanghavi and Nisha Ajit Sanghavi.
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 71 Bhajipala Lane Off. Nagdevi Street, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.3 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹53.45 Lakh (net margin 4.3%) and EBITDA of ₹79.73 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 5% over five years.
Court records list 7 cases involving the company, including 7 filed by the company.
Narandas Agencies Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0017813). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24222MH1992PTC068966
Registration Number 068966
Incorporation Date 12 October 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0017813
CIN history
Narandas Agencies has one previous CIN (Corporate Identification Number): U24222MH2004PTC068966. The current CIN is U24222MH1992PTC068966, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24222MH1992PTC068966 | Current |
| U24222MH2004PTC068966 | Previous |
Key People
Jinal Ajit Sanghavi Director Nisha Ajit Sanghavi Director Ajit Kantilal Sanghavi Director Recognitions & Rankings of Narandas Agencies
Contact details
Narandas Agencies Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address71 Bhajipala Lane Off. Nagdevi Street, Mumbai, Maharashtra, India – 400003
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Narandas Agencies Pvt Ltd, buy the company report.
Comprehensive company report
Narandas Agencies Pvt 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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Business activity
The main business activity of Narandas Agencies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Narandas Agencies Pvt Ltd, buy the company report.
Financials of Narandas Agencies Pvt Ltd
FY 2025 filings availableNarandas Agencies Pvt Ltd reported revenue of ₹12.3 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹12.3 Cr ▼ 10%
Net profit · FY 2024
₹53.45 Lakh margin 4.3%
EBITDA · FY 2024
₹79.73 Lakh margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 21%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 43%
5 years · compounded
▲ 15%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹79.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.45 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Narandas Agencies Pvt Ltd, buy the company report.
Board of directors of Narandas Agencies Pvt Ltd
Narandas Agencies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinal Ajit Sanghavi | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Nisha Ajit Sanghavi | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Ajit Kantilal Sanghavi | Director | 01 Sep 1993 | 33 Years 2 Months | Current |
| Palak Ajit Sanghavi | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
Peer comparison
Narandas Agencies Pvt Ltd is compared with the 8 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lubzone India Private Limited | ₹12.4 Cr (FY 2024) | 5.0% | Bhavnagar, Gujarat, India | |||
| Soneko Marketing Pvt Ltd | ₹12.39 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Highwi Enterprise Private Limited | ₹12.37 Cr (FY 2025) | -28.0% | Mumbai, Maharashtra, India | |||
| Laxmi Lube Private Limited | ₹12.36 Cr (FY 2025) | 15.0% | Muzaffarpur, Bihar, India | |||
| Narandas Agencies Pvt Ltdthis company | ₹12.3 Cr (FY 2024) | ₹53.45 Lakh | 4.3% | -10.0% | Mumbai, Maharashtra, India | |
| Dhaulagiri Poly Additives Private Limited | ₹12.29 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Punjab Diesels Private Limited | ₹12.29 Cr (FY 2025) | 4.0% | Bhopal, Madhya Pradesh, India | |||
| Ruseco Chemicals India Private Limited | ₹12.28 Cr (FY 2025) | 186.0% | Mumbai, Maharashtra, India | |||
| Colorite Paints Private Limited | ₹12.26 Cr (FY 2025) | 9.0% | Delhi, India |
To see the full peer comparison of Narandas Agencies Pvt Ltd, buy the company report.
Auditor
Narandas Agencies Pvt Ltd is audited by K M. DHRUVE & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M. DHRUVE & COMPANY | FY 2017 | 102536W |
Shareholding
The shareholding of Narandas Agencies Pvt 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 Narandas Agencies Pvt Ltd, buy the company report.
Legal cases
Narandas Agencies Pvt Ltd has 7 court cases on record: 7 filed by Narandas Agencies. All cases are disposed.
Total cases
7
Filed by the company
7
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Fabcon Consultants Engineers Pvt Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss Cases S) | Filed by the company against Fabcon Consultants Engineers Pvt Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Diviya Chemicals Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Diviya Chemicals Ltd. | Disposed |
| Bombay High Court | Company petition | Filed by the company against Serene Industries Ltd. | Disposed |
To see the full case history of Narandas Agencies Pvt Ltd, 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 Narandas Agencies Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Narandas Agencies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN2614G1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narandas Agencies Pvt Ltd, buy the company report.
Recent activity
Narandas Agencies Pvt Ltd has 11 board changes on record since 1993: 4 appointments and 7 cessations. The latest: Kantilal Narandas Sanghavi ceased to be Director on 02 Aug 2017.
AGM
Narandas Agencies Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Narandas Agencies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Kantilal Narandas Sanghavi ceased to be Director.
Appointed
Jinal Ajit Sanghavi was appointed as Director.
Ceased
Jinal Ajit Sanghavi ceased to be Additional Director.
Appointed
Palak Ajit Sanghavi was appointed as Director.
Ceased
Palak Ajit Sanghavi ceased to be Additional Director.
Ceased
Ansuya Mahesh Sanghavi ceased to be Director.
Ceased
Mahesh Narandas Sanghavi ceased to be Managing Director.
Ceased
Nehul Mahesh Sanghavi ceased to be Director.
Appointed
Nisha Ajit Sanghavi was appointed as Director.
Ceased
Nisha Ajit Sanghavi ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Narandas Agencies is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 12 October 1992 (34+ years old) and is registered under CIN U24222MH1992PTC068966.
Narandas Agencies has 4 current directors:
- Jinal Ajit Sanghavi - Director
- Nisha Ajit Sanghavi - Director
- Ajit Kantilal Sanghavi - Director
- Palak Ajit Sanghavi - Director
The latest financial statements of Narandas Agencies 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 GSTIN of Narandas Agencies is 27AAACN2614G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Narandas Agencies is U24222MH1992PTC068966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narandas Agencies has 7 court cases on record: 7 filed by the company. Most are in the district courts.
Narandas Agencies was incorporated on 12 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Narandas Agencies by revenue are Lubzone India Private Limited, Soneko Marketing Pvt Ltd, Highwi Enterprise Private Limited, Laxmi Lube Private Limited, Dhaulagiri Poly Additives Private Limited and 3 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Kantilal Narandas Sanghavi ceased to be Director on 02 Aug 2017. Jinal Ajit Sanghavi was appointed as Director on 01 Aug 2014. Jinal Ajit Sanghavi ceased to be Additional Director on 01 Aug 2014. Narandas Agencies has 11 board changes on record in total.
Yes, Narandas Agencies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0017813).
The registered office of Narandas Agencies is at 71 Bhajipala Lane Off. Nagdevi Street, Mumbai, Maharashtra, India – 400003.
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