
Adhar Marketing Private Limited
About Adhar Marketing Private Limited
Data last updated:
Adhar Marketing Private Limited is a private limited company based in Balaghat, Madhya Pradesh, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 22 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U05259MP2005PTC017462.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ashok Kumar Panche (Managing Director) and Purnima Panche.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Word No. 4 Baihar Chowki, Balaghat, Madhya Pradesh, India – 481001.
As per the financials filed for FY 2023, the company reported a revenue of ₹19,382, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹835 (net margin 4.3%) and EBITDA of ₹5,171 (EBITDA margin 26.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adhar Marketing Private Limited's registered office is in Balaghat, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWord No. 4 Baihar Chowki, Balaghat, Madhya Pradesh, India – 481001
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Adhar Marketing 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 Adhar Marketing is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Adhar Marketing Private Limited, buy the company report.
Financials of Adhar Marketing Private Limited
FY 2023 filings availableAdhar Marketing Private Limited reported revenue of ₹19,382 (down 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 62% fall in the latest year. EBITDA fell 62% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5,171 | ||||
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| Net Profit (PAT) | ₹835 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 26.7% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Adhar Marketing Private Limited, buy the company report.
Board of directors of Adhar Marketing Private Limited
Adhar Marketing 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 |
|---|---|---|---|---|
| Purnima Panche | Director | 15 Dec 2010 | 15 Years 10 Months | Current |
| Ashok Kumar Panche | Managing Director | 10 Nov 2007 | 18 Years 11 Months | Current |
Peer comparison
Adhar Marketing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sakaar Microcredit Foundation | ₹19,500 (FY 2025) | 114.0% | Varanasi, Uttar Pradesh, India | |||
| Merrill Financials Ltd | ₹19,496 (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Stitchcraft (India) Private Limited | ₹19,466 (FY 2025) | -28.0% | Chennai, Tamil Nadu, India | |||
| Harishankar Builcon Private Limited | ₹19,416 (FY 2017) | -1.0% | Kolkata, West Bengal, India | |||
| Ontime Developers Consultants Private Limited | ₹19,400 (FY 2023) | -54.0% | Kolkata, West Bengal, India | |||
| Adhar Marketing Private Limitedthis company | ₹19,382 (FY 2023) | ₹835 | 4.3% | -62.0% | Balaghat, Madhya Pradesh, India | |
| Afcons Consultancy Private Limited | ₹19,350 (FY 2021) | Vadodara, Gujarat, India | ||||
| Speak World Nidhi Limited | ₹19,317 (FY 2019) | Faizabad, Uttar Pradesh, India | ||||
| Ushadevi Nidhi Limited | ₹19,300 (FY 2022) | Satara, Maharashtra, India | ||||
| A N Commodity Broking Private Limited | ₹19,270 (FY 2016) | -43.0% | Kolkata, West Bengal, India | |||
| Sakar Sapne Nidhi India Limited | ₹19,215 (FY 2019) | Samastipur, Bihar, India |
To see the full peer comparison of Adhar Marketing Private Limited, buy the company report.
Auditor
Adhar Marketing Private Limited is audited by Pankaj F. Aggrawal & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj F. Aggrawal & Associates | FY 2017 | 078496 |
Shareholding
The shareholding of Adhar Marketing 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 Adhar Marketing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adhar Marketing 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 Adhar Marketing 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 Adhar Marketing Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Adhar Marketing Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Ashok Kumar Panche ceased to be Director on 21 Jan 2011.
2 earlier events are in the company report.
Frequently asked questions
Adhar Marketing is an active private limited company based in Balaghat, Madhya Pradesh, India. The company works in advisory, within the financial services industry. It was incorporated on 22 March 2005 (21+ years old) and is registered under CIN U05259MP2005PTC017462.
Adhar Marketing has 2 current directors:
- Ashok Kumar Panche - Managing Director
- Purnima Panche - Director
The latest financial statements of Adhar Marketing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Adhar Marketing is U05259MP2005PTC017462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhar Marketing was incorporated on 22 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Adhar Marketing by revenue are Sakaar Microcredit Foundation, Merrill Financials Ltd, Stitchcraft (India) Private Limited, Harishankar Builcon Private Limited, Ontime Developers Consultants Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ashok Kumar Panche ceased to be Director on 21 Jan 2011. Deepak Kumar Khobragade ceased to be Director on 21 Jan 2011. Purnima Panche was appointed as Director on 15 Dec 2010. Adhar Marketing has 11 board changes on record in total.
The registered office of Adhar Marketing is at Word No. 4 Baihar Chowki, Balaghat, Madhya Pradesh, India – 481001.
Adhar Marketing operates in the financial services industry, in the advisory segment.
The compliance status of Adhar Marketing is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
Adhar Marketing can be reached at its registered office: Word No. 4 Baihar Chowki, Balaghat, Madhya Pradesh, India – 481001.

