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 186 cases involving the company, including 108 filed by the company and 78 filed against it; 29 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.
Company details
Name history
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
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 |
Contact details
Anand Rathi Commodities Limited's registered office is in Mumbai, Maharashtra. Its website is rathi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressExpress Zone A Wing 10th Floor Western Express Highway Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Anand Rathi Commodities 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
Financials of Anand Rathi Commodities Limited
FY 2025 filings availableAnand Rathi Commodities Limited reported revenue of ₹93.88 Lakh (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹90.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.36 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Anand Rathi Commodities Limited, buy the company report.
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
Anand Rathi Commodities Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking 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 |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹93.88 Lakh (FY 2025) | -₹34.36 Lakh | -36.6% | 48.0% | 44 | Mumbai, Maharashtra, India |
| Anm Fincap Private Limited | ₹93.74 Lakh (FY 2025) | -16.0% | Delhi, India |
To see the full peer comparison of Anand Rathi Commodities Limited, buy the company report.
Auditor
Anand Rathi Commodities Limited is audited by PARESH D. SHAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARESH D. SHAH & CO. | FY 2022 | 107500W |
Shareholding
The shareholding of Anand Rathi Commodities Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Anand Rathi Commodities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2010 | 10228462 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 14 Aug 2006 | 10020421 | Bank of India | ₹14 Lakh | Satisfied |
To see the full charge records of Anand Rathi Commodities Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Anand Rathi Commodities Limited has 186 court cases on record: 108 filed by Anand Rathi Commodities, 78 filed against it. 29 cases are pending and 157 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 107 | 18 | 10 |
| High courts | 75 | 57 | 19 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 186)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Loil Continental Foods Limited and 3 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Loil Health Foods Limited and Anr. and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by L. J. Tanna Enterprises Private Ltd. and Ors. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by L. J. Tanna Enterprises Private Ltd. and Ors. | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by Encore Natural Polymers Pvt. Ltd. | Pending |
To see the full case history of Anand Rathi Commodities Limited, 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.
Credit ratings & regulatory alerts
Anand Rathi Commodities Limited was last rated by Brickwork on 14 Jun 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 14 Jun 2019 |
To see the full credit ratings and regulatory alerts of Anand Rathi Commodities Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Anand Rathi Commodities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Anand Rathi Commodities Limited has a workforce of 44 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Anand Rathi Commodities Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 3 current directors:
- Sandhyadeep Belgo - Director
- Santosh Dinkar Naik - Director
- Naveen Mathur - Director
The latest financial statements of Anand Rathi Commodities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
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 186 court cases on record: 108 filed by the company and 78 filed against it. 29 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 G K Investment Private Limited, Ambit Broking Services Private Limited, Goyal Stock Trading Private Limited, Bhargava Lodha Stock Brokers Private Limited, Anm Fincap Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
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.
The registered office of Anand Rathi Commodities is at Express Zone A Wing 10th Floor Western Express Highway Goregaon E, Mumbai, Maharashtra, India – 400063.
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