Al-Naas Forex Private Limited
About Al-Naas Forex Private Limited
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Al-Naas Forex Private Limited is a private limited company based in Kannur, Kerala, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65900KL2009PTC023674. Its GSTIN is 32AAHCA6733G2ZV (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Parappil Methelepurayil Abdulnazar (Managing Director) and Muhammed Nasil Valappil.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kannur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.78 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹4.4 Lakh (net margin -2.5%) and EBITDA of ₹4.16 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Al-Naas Forex Private Limited's registered office is in Kannur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No 52/5119/1 Naas Residency, Ma Road Camp Bazar, Kannur, Kerala, India – 670001
- IndustryFinancial Services, Forex Services
To see the full contact details of Al-Naas Forex 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 Al-Naas Forex 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 Al-Naas Forex Private Limited, buy the company report.
Financials of Al-Naas Forex Private Limited
FY 2025 filings availableAl-Naas Forex Private Limited reported revenue of ₹1.78 Cr (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 66% fall in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.16 Lakh | ||||
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| Net Profit (PAT) | -₹4.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | -2.5% | ||||
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To see the full financial statements and ratios of Al-Naas Forex Private Limited, buy the company report.
Board of directors of Al-Naas Forex Private Limited
Al-Naas Forex has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muhammed Nasil Valappil | Director | 12 Jun 2013 | 13 Years 5 Months | Current |
| Valappil Safoora | Director | 08 Jan 2009 | 17 Years 10 Months | Current |
| Valappil Muhammed Nishal | Director | 20 Apr 2009 | 17 Years 6 Months | Current |
| Valappil Muhammed Nifal | Director | 11 Nov 2009 | 17 Years 0 Months | Current |
| Muhammed Noufal Valappil | Director | 12 Jun 2013 | 13 Years 5 Months | Current |
| Parappil Methelepurayil Abdulnazar | Managing Director | 11 Nov 2009 | 17 Years 0 Months | Current |
Peer comparison
Al-Naas Forex Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with 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 |
|---|---|---|---|---|---|---|
| SJ Forex Private Limited | ₹1.84 Cr (FY 2025) | -95.0% | Bongaon, West Bengal, India | |||
| Iaw Forex Private Limited | ₹1.82 Cr (FY 2019) | -83.0% | New Delhi, Delhi, India | |||
| Inder Travels Private Ltd. | ₹1.81 Cr (FY 2025) | -62.0% | New Delhi, Delhi, India | |||
| Shree Agila Forex India Private Limited | ₹1.8 Cr (FY 2019) | 223.0% | Chennai, Tamil Nadu, India | |||
| Al-Naas Forex Private Limitedthis company | ₹1.78 Cr (FY 2025) | -₹4.4 Lakh | -2.5% | -66.0% | Kannur, Kerala, India | |
| Pooja Forex Private Limited | ₹1.77 Cr (FY 2019) | -49.0% | New Delhi, Delhi, India | |||
| Gupta and Saha Travels and Forex Private Limited | ₹1.74 Cr (FY 2024) | -46.0% | Barasat, West Bengal, India | |||
| Mantri Foods and Forex Private Limited | ₹1.72 Cr (FY 2025) | 37.0% | Ajmer, Rajasthan, India |
To see the full peer comparison of Al-Naas Forex Private Limited, buy the company report.
Auditor
Al-Naas Forex Private Limited is audited by GEORGE & REGI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GEORGE & REGI | FY 2021 | 009022S |
Shareholding
The shareholding of Al-Naas Forex Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Al-Naas Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Al-Naas Forex 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 Al-Naas Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Al-Naas Forex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCA6733G2ZV | Kerala | Active | 31 Oct 2019 |
To see the full GST registrations and return filing status of Al-Naas Forex Private Limited, buy the company report.
Recent activity
Al-Naas Forex Private Limited has 6 board changes on record since 2009: 6 appointments. The latest: Muhammed Nasil Valappil was appointed as Director on 12 Jun 2013.
Frequently asked questions
Al-Naas Forex is an active private limited company based in Kannur, Kerala, India. The company works in forex services, within the financial services industry. It was incorporated on 08 January 2009 (17+ years old) and is registered under CIN U65900KL2009PTC023674.
Al-Naas Forex has 6 current directors:
- Parappil Methelepurayil Abdulnazar - Managing Director
- Muhammed Nasil Valappil - Director
- Valappil Safoora - Director
- Valappil Muhammed Nishal - Director
- Valappil Muhammed Nifal - Director
- Muhammed Noufal Valappil - Director
The latest financial statements of Al-Naas Forex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Al-Naas Forex is 32AAHCA6733G2ZV, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Al-Naas Forex is U65900KL2009PTC023674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Al-Naas Forex was incorporated on 08 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Al-Naas Forex by revenue are SJ Forex Private Limited, Iaw Forex Private Limited, Inder Travels Private Ltd, Shree Agila Forex India Private Limited, Pooja Forex Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Muhammed Nasil Valappil was appointed as Director on 12 Jun 2013. Muhammed Noufal Valappil was appointed as Director on 12 Jun 2013. Parappil Methelepurayil Abdulnazar was appointed as Managing Director on 11 Nov 2009. Al-Naas Forex has 6 board changes on record in total.
The registered office of Al-Naas Forex is at Door No 5251191 Naas Residency, Ma Road Camp Bazar, Kannur, Kerala, India – 670001.
Al-Naas Forex operates in the financial services industry, in the forex services segment.
The compliance status of Al-Naas Forex is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
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