Adarsh Finetrade Private Limited
About Adarsh Finetrade Private Limited
Data last updated:
Adarsh Finetrade Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 11 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ2005PTC046896. Its GSTIN is 24AAFCA4022Q1ZO (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.29 Cr. It was formerly known as Adarsh Filaments Private Limited. It is led by directors including Shailesh Kumar Sajjan Agarwal (Managing Director) and Sajjankumar Suganchand Agarwal (Managing Director).
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹276.21 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹77.2 Lakh (net margin 0.3%) and EBITDA of ₹1.58 Cr (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 450% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹91.5 Cr and satisfied charges of ₹237.5 Cr on record. Court records list 20 cases involving the company, including 20 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address501 5th Floor Rajhans Montessa, Beside Le Meridien Hotel Dumas Road, Surat, Gujarat, India – 395007
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Adarsh Finetrade Private Limited
The main business activities of Adarsh Finetrade are trade and transport and storage. In detail, this covers wholesale trading and water transport. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| H | Transport and storage | H3 | Water transport | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adarsh Finetrade Private Limited FY 2025 filings available
Adarsh Finetrade Private Limited reported revenue of ₹276.21 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Adarsh Finetrade Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 6% 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 of Adarsh Finetrade Private Limited
| 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 | ₹1.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹77.2 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 of Adarsh Finetrade Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adarsh Finetrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Adarsh Finetrade Private Limited
Adarsh Finetrade has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Kumar Sajjan Agarwal Also directs: Adarsh Coalhub LLP, S N Global Minerals LLP, S. N. Tradelink Private Limited and 1 more | Managing Director | 01 Dec 2008 | 17 Years 10 Months | Current |
| Sajjankumar Suganchand Agarwal Also directs: S. N. Tradelink Private Limited | Managing Director | 11 Oct 2005 | 21 Years 0 Months | Current |
| Hitesh Sajjankumar Agarwal Also directs: Adarsh Coalhub LLP, S N Global Minerals LLP | Managing Director | 11 Oct 2005 | 21 Years 0 Months | Current |
Peer Comparison of Adarsh Finetrade Private Limited
Adarsh Finetrade Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhola Mohini Minerals Private Limited | ₹284.84 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Durgapur, West Bengal, India |
| Tai Industries Ltd Listed | ₹282.53 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Kolkata, West Bengal, India |
| Verslin India Private Limited | ₹280.07 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| SP Electrosolutions Private Limited | ₹278.04 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Tanmay Dhyata Steel Concast Limited | ₹277.53 Cr (FY 2025) | •••• | •••• | 272.0% | •••• | Kota, Rajasthan, India |
| Adarsh Finetrade Private Limited this company | ₹276.21 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Surat, Gujarat, India |
| Famy Care Private Limited | ₹275.67 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Raipur Coal Feeder Private Limited | ₹274.62 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Raipur, Chhattisgarh, India |
| Bhiringhee Commercial Private Limited | ₹273.75 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Durgapur, West Bengal, India |
| Mlu Metaliks Private Limited | ₹273.35 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Vedika Metals Private Limited | ₹271.97 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Adarsh Finetrade by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Adarsh Finetrade Private Limited
Adarsh Finetrade Private Limited is audited by RASESH SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RASESH SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Adarsh Finetrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Adarsh Finetrade Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2024 | Others | ₹91.5 Cr | Satisfied |
| 23 Jul 2021 | Axis Bank Limited | ₹60 Cr | Satisfied |
| 30 Jan 2021 | Axis Bank Limited | ₹60 Cr | Satisfied |
| 05 Aug 2016 | Yes Bank Limited | ₹7.5 Cr | Satisfied |
| 26 May 2016 | Yes Bank Limited | ₹7.5 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Adarsh Finetrade Private Limited
Adarsh Finetrade Private Limited has 20 court cases on record: 20 filed by Adarsh Finetrade. 2 cases are pending and 18 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 0 |
| High courts | 6 | 0 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (CR.A) | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Hare Krishna Textiles | Disposed |
| High Court of Gujarat | Court case (CR.A) | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Court case (CR.MA) | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Court case (CR.MA) | Filed by the company against Hiteshkumar S. Mehta Proprieter of Balaji Textiles | Disposed |
Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Adarsh Finetrade Private Limited
Employment history and EPFO contributions of people linked to Adarsh Finetrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Adarsh Finetrade Private Limited
Adarsh Finetrade Private Limited has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Kevalkrishna Swaroopchand Goyal ceased to be Director on 28 Apr 2010.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Adarsh Finetrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Adarsh Finetrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adarsh Finetrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Adarsh Finetrade Private Limited
Adarsh Finetrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA4022Q1ZO | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adarsh Finetrade Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Adarsh Finetrade Private Limited
Adarsh Finetrade is an active private limited company based in Surat, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 11 October 2005 (21+ years old) and is registered under CIN U17110GJ2005PTC046896.
Adarsh Finetrade reported revenue of ₹276.21 Cr for FY 2025 (down 6% YoY).
Adarsh Finetrade has 3 current directors:
- Shailesh Kumar Sajjan Agarwal - Managing Director
- Sajjankumar Suganchand Agarwal - Managing Director
- Hitesh Sajjankumar Agarwal - Managing Director
Adarsh Finetrade reported a net profit of ₹77.2 Lakh (net margin 0.3%) and EBITDA of ₹1.58 Cr (EBITDA margin 0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adarsh Finetrade is 450% over three years and 48% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adarsh Finetrade is 24AAFCA4022Q1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Adarsh Finetrade is U17110GJ2005PTC046896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Finetrade has 20 court cases on record: 20 filed by the company. 2 are pending. Most are in the district courts.
Adarsh Finetrade was incorporated on 11 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adarsh Finetrade by revenue are Bhola Mohini Minerals Private Limited, Tai Industries Ltd, Verslin India Private Limited, SP Electrosolutions Private Limited, Tanmay Dhyata Steel Concast Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Kevalkrishna Swaroopchand Goyal ceased to be Director on 28 Apr 2010. Richa Aggarwal ceased to be Director on 01 Dec 2008. Shailesh Kumar Sajjan Agarwal was appointed as Managing Director on 01 Dec 2008. Adarsh Finetrade has 7 board changes on record in total.