Reliable Mercantile Private Limited
About Reliable Mercantile Private Limited
Data last updated:
Reliable Mercantile Private Limited is a private limited company based in Ghitorni, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 December 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PTC046892.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Kanika Nijhawan and Devashish Mehta.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No.3 Khasra No. 301/2 Ground Floor 100 Feet Road Village Ghitorni, Delhi, India – 110030.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.56 Lakh, a growth of 105% compared to the previous year. For the same year it recorded a net loss of ₹16.81 Lakh (net margin -302.3%) and EBITDA of -₹16.6 Lakh (EBITDA margin -298.5%). Revenue has declined at a compounded annual rate (CAGR) of 658% over three years and 21% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Reliable Mercantile Private Limited's registered office is in Ghitorni, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.3 Khasra No. 301/2 Ground Floor 100 Feet Road Village Ghitorni, Delhi, India – 110030
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Reliable Mercantile 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
Financials of Reliable Mercantile Private Limited
FY 2025 filings availableReliable Mercantile Private Limited reported revenue of ₹5.56 Lakh (up 105% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 105% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. 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 | -₹16.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.81 Lakh | ||||
| 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 | -298.5% | ||||
| Net Profit Margin | -302.3% | ||||
| 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 Reliable Mercantile Private Limited, buy the company report.
Board of directors of Reliable Mercantile Private Limited
Reliable Mercantile has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanika Nijhawan | Director | 30 Nov 2022 | 3 Years 11 Months | Current |
| Devashish Mehta Also directs: Omax Autos Limited, Gold River Realtors Private Limited, Dimension Electronics Private Limited and 2 more | Director | 11 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Reliable Mercantile Private Limited is audited by SGVG & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGVG & CO. | FY 2022 | 031397N |
Shareholding
The shareholding of Reliable Mercantile Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliable Mercantile Private Limited, buy the company report.
Legal cases
Reliable Mercantile Private Limited has 1 court case on record: 1 filed by Reliable Mercantile. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Pending |
To see the full case history of Reliable Mercantile Private 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 Reliable Mercantile 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 Reliable Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliable Mercantile Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Kanika Nijhawan ceased to be Additional Director on 29 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Reliable Mercantile is an active private limited company based in Ghitorni, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 30 December 1991 (35+ years old) and is registered under CIN U74899DL1991PTC046892.
Reliable Mercantile has 2 current directors:
- Kanika Nijhawan - Director
- Devashish Mehta - Director
The latest financial statements of Reliable Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reliable Mercantile is U74899DL1991PTC046892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Mercantile has 1 court case on record: 1 filed by the company. 1 is pending.
Reliable Mercantile was incorporated on 30 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Kanika Nijhawan ceased to be Additional Director on 29 Sep 2023. Gurparkash Singh Miglani ceased to be Director on 30 Nov 2022. Kanika Nijhawan was appointed as Director on 30 Nov 2022. Reliable Mercantile has 11 board changes on record in total.
The registered office of Reliable Mercantile is at Flat No.3 Khasra No. 3012 Ground Floor 100 Feet Road Village Ghitorni, Delhi, India – 110030.
Reliable Mercantile operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Reliable Mercantile is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
