
Ajanta Organics P Ltd
About Ajanta Organics P Ltd
Data last updated:
Ajanta Organics P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1994PTC076703. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Nandkishore Laxminarayan Karwa (Whole-Time Director) and Vivek Nandkishore Karwa.
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 503 Mulratna Bldg. 5th Floor332/34 Narsinatha Street, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.86 Lakh (net margin 98.8%) and EBITDA of ₹43.87 Lakh (EBITDA margin 98.8%). Revenue has declined at a compounded annual rate (CAGR) of 350% over three years and 44% over five years.
As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ajanta Organics P Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address503 Mulratna Bldg. 5th Floor332/34 Narsinatha Street, Mumbai, Maharashtra, India – 400009
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ajanta Organics P Ltd, 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 Ajanta Organics P Ltd
FY 2025 filings availableAjanta Organics P Ltd reported revenue of ₹44.42 Lakh (up 1271% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years. 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.86 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.8% | ||||
| Net Profit Margin | 98.8% | ||||
| 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 Ajanta Organics P Ltd, buy the company report.
Board of directors of Ajanta Organics P Ltd
Ajanta Organics P has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkishore Laxminarayan Karwa Also directs: Ajanta Orgochem Private Limited | Whole-Time Director | 01 Apr 1996 | 30 Years 7 Months | Current |
| Vivek Nandkishore Karwa Also directs: Ajanta Orgochem Private Limited | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Auditor
Ajanta Organics P Ltd is audited by S.K. RATHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. RATHI & CO | FY 2023 | 108724W |
Shareholding
The shareholding of Ajanta Organics P Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajanta Organics P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2006 | 10084291 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 04 Apr 2005 | 90160369 | Union Bank of India | ₹90 Lakh | Satisfied | |
| 21 Jun 2003 | 90160187 | Union Bank of India | ₹25 Lakh | Satisfied | |
| 01 Jul 1997 | 90159633 | Union Bank of India | ₹35 Lakh | Satisfied |
To see the full charge records of Ajanta Organics P Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ajanta Organics P Ltd has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Unicon Distributors Pvt Ltd Through Bhavesh Mehta | Disposed |
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Unicon Distributors Pvt Ltd Through Bhavesh Mehta | Disposed |
To see the full case history of Ajanta Organics P 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 Ajanta Organics P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ajanta Organics P has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ajanta Organics P Ltd, buy the company report.
Recent activity
Ajanta Organics P Ltd has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Dinesh Omprakash Karwa ceased to be Whole-Time Director on 01 Apr 2022.
4 earlier events are in the company report.
Frequently asked questions
Ajanta Organics P is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 February 1994 (32+ years old) and is registered under CIN U24110MH1994PTC076703.
Ajanta Organics P has 2 current directors:
- Nandkishore Laxminarayan Karwa - Whole-Time Director
- Vivek Nandkishore Karwa - Director
The latest financial statements of Ajanta Organics P 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.
No. Ajanta Organics P has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ajanta Organics P is U24110MH1994PTC076703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajanta Organics P has 2 court cases on record: 2 filed against it.
Ajanta Organics P was incorporated on 21 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Dinesh Omprakash Karwa ceased to be Whole-Time Director on 01 Apr 2022. Vivek Nandkishore Karwa was appointed as Director on 01 Apr 2022. Dinesh Omprakash Karwa was appointed as Whole-Time Director on 22 Dec 2000. Ajanta Organics P has 4 board changes on record in total.
The registered office of Ajanta Organics P is at 503 Mulratna Bldg. 5th Floor33234 Narsinatha Street, Mumbai, Maharashtra, India – 400009.
Ajanta Organics P operates in the financial services industry, in the brokerage and trading services segment.

