About Anand Rathi Commodities Limited
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Anand Rathi Commodities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Anand Rathi Financial Services Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 22 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1991PLC064107. Its GSTIN is 27AAACP6209K1ZB (Maharashtra). The company holds 21 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1.53 Cr and a paid-up capital of ₹59.54 Lakh. It was formerly known as Navratan Comdex Private Ltd and Navratan Commodities Private Limited. It is led by directors including Sandhyadeep Belgo and Santosh Dinkar Naik.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Express Zone A Wing 10th Floor Western Express Highway Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.88 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹34.36 Lakh (net margin -36.6%) and EBITDA of ₹90.47 Lakh (EBITDA margin 96.4%).
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5.14 Cr on record. Court records list 180 cases involving the company, including 107 filed by the company and 21 filed against it; 28 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rathi.com.
Name History of Anand Rathi Commodities Limited
Anand Rathi Commodities has undergone 4 name changes throughout its history. The current legal name is Anand Rathi Commodities Limited.
| Company Name | Status |
|---|---|
| Anand Rathi Commodities Limited | Current |
| Navratan Comdex Private Ltd | Previous |
| Navratan Commodities Private Limited | Previous |
| Priti Capital And Securities Private Limited | Previous |
| Anand Rathi Commodities Private Limited | Previous |
CIN History of Anand Rathi Commodities Limited
Anand Rathi Commodities has one previous CIN (Corporate Identification Number): U67120MH1991PTC064107. The current CIN is U67120MH1991PLC064107, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1991PLC064107 | Current |
| U67120MH1991PTC064107 | Previous |
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- Registered AddressExpress Zone A Wing 10th Floor Western Express Highway Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Brokerage & Trading Services
- 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
Financials of Anand Rathi Commodities Limited FY 2025 filings available
Anand Rathi Commodities Limited reported revenue of ₹93.88 Lakh (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Anand Rathi Commodities Limited
Revenue rose 48% in the latest year. EBITDA rose 56% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Anand Rathi Commodities 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹90.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.36 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Anand Rathi Commodities Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -36.6% | •••• | •••• | •••• | •••• |
| 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 Anand Rathi Commodities 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 Anand Rathi Commodities Limited
Anand Rathi Commodities has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandhyadeep Belgo Also directs: Nri Legal Wizard Private Limited | Director | 12 Apr 2018 | 8 Years 6 Months | Current |
| Santosh Dinkar Naik Also directs: Marmik Traders Private Limited | Director | 31 Jan 2019 | 7 Years 8 Months | Current |
| Naveen Mathur | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Anand Rathi Commodities Limited
Anand Rathi Commodities Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sharesadda Investment Private Limited | ₹94.91 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
| G K Investment Private Limited | ₹94.9 Lakh (FY 2025) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Ambit Broking Services Private Limited | ₹94.75 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Goyal Stock Trading Private Limited | ₹94.74 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Bhargava Lodha Stock Brokers Private Limited | ₹94.6 Lakh (FY 2019) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
| Anand Rathi Commodities Limited this company | ₹93.88 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Saruchi Enterprises Private Limited | ₹93.87 Lakh (FY 2021) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Goldman Commodity Private Limited | ₹93.8 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Mumbai, Maharashtra, India |
| Anm Fincap Private Limited | ₹93.74 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Gadadhar Vanijya Private Limited | ₹93.72 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | Kolkata, West Bengal, India |
| Devkripa Marketing Private Limited | ₹93.66 Lakh (FY 2024) | •••• | •••• | 118.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Anand Rathi Commodities by revenue in the BFSI industry (Broking Services), 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 Anand Rathi Commodities Limited
Anand Rathi Commodities Limited is audited by PARESH D. SHAH & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARESH D. SHAH & CO. | 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 Anand Rathi Commodities 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 Anand Rathi Commodities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2010 | Axis Bank Limited | ₹5 Cr | Satisfied |
| 14 Aug 2006 | Bank of India | ₹14 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Anand Rathi Commodities Limited
Anand Rathi Commodities Limited has 180 court cases on record: 107 filed by Anand Rathi Commodities, 21 filed against it, 52 where it is another party. 28 cases are pending and 152 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 104 | 12 | 9 |
| High courts | 75 | 9 | 19 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 180)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company by Encore Natural Polymers Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Network Industries Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by Encore Natural Polymers Private Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Encore Natural Polymers Private Limited | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Encore Natural Polymers Private Limited | Disposed |
Full case history
All 180 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 Anand Rathi Commodities Limited
Anand Rathi Commodities Limited has a workforce of 44 employees as of Mar 29, 2024.
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 Anand Rathi Commodities Limited
Anand Rathi Commodities Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Naveen Mathur ceased to be Additional Director on 29 Sep 2022.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Anand Rathi Commodities 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 Anand Rathi Commodities 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 Anand Rathi Commodities 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 Anand Rathi Commodities Limited
Anand Rathi Commodities has 21 GST registrations: 8 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP6209K1ZB | Maharashtra | Active | 01 Jul 2017 |
| 03AAACP6209K1ZL | Punjab | Active | 01 Jul 2017 |
| 04AAACP6209K1ZJ | Chandigarh | Active | 01 Jul 2017 |
| 08AAACP6209K1ZB | Rajasthan | 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 Anand Rathi Commodities 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.
Related news about Anand Rathi Commodities Limited
Frequently Asked Questions about Anand Rathi Commodities Limited
Anand Rathi Commodities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 22 November 1991 (35+ years old) and is registered under CIN U67120MH1991PLC064107.
Anand Rathi Commodities reported revenue of ₹93.88 Lakh for FY 2025 (up 48% YoY).
Anand Rathi Commodities has 3 current directors:
- Sandhyadeep Belgo - Director
- Santosh Dinkar Naik - Director
- Naveen Mathur - Director
Anand Rathi Commodities reported a net loss of ₹34.36 Lakh (net margin -36.6%) and EBITDA of ₹90.47 Lakh (EBITDA margin 96.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Anand Rathi Commodities is 27AAACP6209K1ZB, registered in Maharashtra. The company has 21 GST registrations in all, of which 8 are active and 13 are cancelled or inactive. Other active GSTINs include 03AAACP6209K1ZL (Punjab), 04AAACP6209K1ZJ (Chandigarh), 08AAACP6209K1ZB (Rajasthan).
The CIN (Corporate Identification Number) of Anand Rathi Commodities is U67120MH1991PLC064107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Anand Rathi Commodities has 180 court cases on record: 107 filed by the company and 21 filed against it. 28 are pending. Most are in the district courts.
Anand Rathi Commodities was incorporated on 22 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Anand Rathi Commodities by revenue are Sharesadda Investment Private Limited, G K Investment Private Limited, Ambit Broking Services Private Limited, Goyal Stock Trading Private Limited, Bhargava Lodha Stock Brokers Private Limited and 5 more, all in the BFSI industry (Broking Services).
Naveen Mathur ceased to be Additional Director on 29 Sep 2022. Naveen Mathur was appointed as Director on 18 Jul 2022. Chetan Pitamber Bharkhada ceased to be Whole-Time Director on 20 Jun 2022. Anand Rathi Commodities has 12 board changes on record in total.
Anand Rathi Commodities can be reached through the website rathi.com. Its registered office is in Mumbai, Maharashtra, India.