About Adinath Progressive Limited
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Adinath Progressive Limited is a public limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1994PLC058882. Its GSTIN is 07AAECA8369B1ZQ (Delhi).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.8 Cr. It is led by directors including Ritu Jain and Preeti Jain.
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 62 Dayanand Marg, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.48 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹14.14 Lakh (net margin 0.4%) and EBITDA of ₹37.6 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 226% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹1.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adinathcapital.com.
Company details
Contact details
Adinath Progressive Limited's registered office is in New Delhi, Delhi. Its website is adinathcapital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address62 Dayanand Marg, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Adinath Progressive 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 Adinath Progressive 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 Adinath Progressive Limited, buy the company report.
Financials of Adinath Progressive Limited
FY 2025 filings availableAdinath Progressive Limited reported revenue of ₹33.48 Cr (up 127% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 127% growth in the latest year. EBITDA rose 141% 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 |
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| EBITDA | ₹37.6 Lakh | ||||
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| Net Profit (PAT) | ₹14.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Adinath Progressive Limited, buy the company report.
Board of directors of Adinath Progressive Limited
Adinath Progressive has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Jain | Director | 01 Nov 2000 | 26 Years 0 Months | Current |
| Preeti Jain | Director | 06 Sep 2004 | 22 Years 1 Months | Current |
| Anju Jain Also directs: Adinath Commtrade Private Limited | Director | 01 Mar 2007 | 19 Years 8 Months | Current |
| Rohit Jain Also directs: Adinath Commtrade Private Limited | Director | 09 May 1994 | 32 Years 5 Months | Current |
Peer comparison
Adinath Progressive Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with 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 |
|---|---|---|---|---|---|---|
| Darshan Financial Services Private Limited | ₹33.84 Cr (FY 2024) | 133.0% | Ahmedabad, Gujarat, India | |||
| Wallfort Financial Services Limited | ₹33.62 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India | |||
| SSJ Finance and Securities Private Limited | ₹33.56 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Adinath Progressive Limitedthis company | ₹33.48 Cr (FY 2024) | ₹14.14 Lakh | 0.4% | 127.0% | New Delhi, Delhi, India | |
| O J Financial Services Limited | ₹33.27 Cr (FY 2025) | -39.0% | New Delhi, Delhi, India |
To see the full peer comparison of Adinath Progressive Limited, buy the company report.
Auditor
Adinath Progressive Limited is audited by S K R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K R & ASSOCIATES | FY 2021 | 001160N |
Shareholding
The shareholding of Adinath Progressive Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Adinath Progressive Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101052074 | Others | ₹15 Lakh | Open | |
| 24 Mar 2020 | 100334945 | Hdfc Bank Limited | ₹75 Lakh | Open | |
| 30 Oct 1999 | 90047667 | Canara Bank | ₹5 Lakh | Open | |
| 31 Jan 1997 | 90046753 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Adinath Progressive 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 Adinath Progressive Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adinath Progressive has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECA8369B1ZQ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adinath Progressive Limited, buy the company report.
Recent activity
Adinath Progressive Limited has 7 board changes on record since 1994: 4 appointments and 3 cessations. The latest: Santosh Kumar Jain ceased to be Director on 05 Dec 2009.
2 earlier events are in the company report.
Frequently asked questions
Adinath Progressive is an active public limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 09 May 1994 (32+ years old) and is registered under CIN U74999DL1994PLC058882.
Adinath Progressive has 4 current directors:
- Ritu Jain - Director
- Preeti Jain - Director
- Anju Jain - Director
- Rohit Jain - Director
The latest financial statements of Adinath Progressive 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 Adinath Progressive is 07AAECA8369B1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Adinath Progressive is U74999DL1994PLC058882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adinath Progressive was incorporated on 09 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Adinath Progressive by revenue are Darshan Financial Services Private Limited, Wallfort Financial Services Limited, SSJ Finance and Securities Private Limited, O J Financial Services Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Santosh Kumar Jain ceased to be Director on 05 Dec 2009. Anil Kumar Jindal ceased to be Director on 02 Mar 2009. Ramesh Kumar ceased to be Company Secretary on 31 Jul 2008. Adinath Progressive has 7 board changes on record in total.
Adinath Progressive can be reached through the website adinathcapital.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Adinath Progressive is at 62 Dayanand Marg, New Delhi, Delhi, India – 110002.
Adinath Progressive operates in the financial services industry, in the brokerage and trading services segment.
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