About Zoroastrian Bank
Zoroastrian Bank is a Financial Services company based in Mumbai (India) founded in 1927. It operates as an urban co-operative bank providing financial services. It operates on a B2C model. The company has 82 employees. Its Indian entity Indroyal Furniture Company Private Limited reported revenue of ₹19.37 Cr. Its focus areas include Finance, Banking, Co-operative Banking and Urban Services. Its competitors include Abhyudaya Co-Operative Bank, Saraswat Co-operative Bank and The Greater Bombay Co-operative Bank.
Company details
Zoroastrian Bank, established in 1927, excels in finance, banking, co-operative banking, and urban services. Operates as an urban co-operative bank providing financial services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Employees 82
- SectorsFinancial Services
- Website zoroastrianbank.com
- Social LinkedIn X Instagram
- Legal Name Indroyal Furniture Company Private Limited
- Date of Incorporation 26 Aug, 1997
- Jurisdiction Thiruvananthapuram, Kerala, India
- Annual Revenue₹19.37 Cr
FY 2024 · +31% YoY
- Net Loss-₹2.59 Cr
FY 2024 · -13% margin
- EBITDA-₹1.44 Cr
FY 2024 · -7% margin
- Employee Count82
Associated legal entities of Zoroastrian Bank
Zoroastrian Bank operates through Indroyal Furniture Company Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indroyal Furniture Company Private Limited CIN U36101KL1997PTC011728 | Active | 26 Aug 1997 | Thiruvananthapuram, Kerala | ₹19.4 Cr | 82 | 6 | View details |
Apps and channels of Zoroastrian Bank
Zoroastrian Bank publishes 2 mobile apps with over 5K+ downloads.
Board of directors of Indroyal Furniture Company Private Limited (Zoroastrian Bank)
Indroyal Furniture Company Private Limited is the primary company behind Zoroastrian Bank. The board of Indroyal Furniture Company Private Limited currently have 6 directors; the longest-serving is Suni Sugathan, appointed in 1997. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suni Sugathan DIN 00458596 | Director | 26 Aug 1997 | 29 yrs 1 mo | Indroyal Furniture Company Private Limited |
| Sugathan Janardhanan DIN 00458554 | Director | 26 Aug 1997 | 29 yrs 1 mo | Indroyal Furniture Company Private Limited |
| Suji Sugathan DIN 00458622 | Director | 30 Jan 2011 | 15 yrs 8 mo | Indroyal Furniture Company Private Limited |
| Sulin Sugathan DIN 08067353 | Additional Director | 24 Jan 2018 | 8 yrs 9 mo | Indroyal Furniture Company Private Limited |
| Rajeev Prasannan DIN 02389477 | Additional Director | 10 Oct 2018 | 8 yrs | Indroyal Furniture Company Private Limited |
| Adarshchandran DIN 11113292 | Additional Director | 28 Apr 2025 | 1 yr 5 mo | Indroyal Furniture Company Private Limited |
Financials of Zoroastrian Bank
Figures of Indroyal Furniture Company Private Limited, the primary company behind Zoroastrian Bank, for FY 2024. Revenue was ₹19.37 Cr (+31% year on year). Net loss was -₹2.59 Cr (-13% margin). EBITDA was -₹1.44 Cr (-7% margin). Revenue has grown at a compounded annual rate of +23% over three years and +4% over five years.
- ₹19.37 CrRevenue · FY 2024 · +31% YoY
- -₹2.59 CrNet loss · -13% margin
- -₹1.44 CrEBITDA · -7% margin
- ₹9.00 CrPaid-up capital
- 82Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indroyal Furniture Company Private Limited are on its company page.
Detailed financial statements for Zoroastrian Bank
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Competitors of Zoroastrian Bank
Zoroastrian Bank has 3 listed competitors in our database. They include Abhyudaya Co-Operative Bank, Saraswat Co-operative Bank and The Greater Bombay Co-operative Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| abhyudayabank.co.in | 1965 | Mumbai, India | Functions as a reliable co-operative bank offering essential financial services. | |||
| saraswatbank.com | 1918 | Mumbai, India | 1 | Operates as an urban cooperative bank offering financial services to individuals and businesses. | ||
| greaterbank.com | 1952 | Mumbai, India | Functions as an urban co-operative bank for financial services. |
Detailed competitors of Zoroastrian Bank
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Web traffic of Zoroastrian Bank
Websites that share an audience with Zoroastrian Bank (zoroastrianbank.com).
Websites whose visitors overlap most with Zoroastrian Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
zcbl.co.in | zcbl.co.in | 100% | – | ||
samridhistocks.com | samridhistocks.com | 97% | – | ||
| filingdigits.com | 80% | 13.2K | #2,282,392 | View details | |
| wealthstreet.in | 79% | 7.4K | #3,038,457 | View details | |
crownsec.com | crownsec.com | 78% | #10,774,963 | – |
Top companies in Housing Finance
3 companies that operate in the same segment as Zoroastrian Bank (Housing Finance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for educational loans tailored to students. | 2019 | Bengaluru, Karnataka, India | USD 24.31 M | 1,250 | ||
Loans for housing and business are provided by Aavas Financiers in India. | 2011 | Jaipur, Rajasthan, India | USD 99.6 M | 6,379 | ||
Finance services encompassing loans and insurance in India. | 1991 | Jaipur, Rajasthan, India | USD 8.21 M |
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Related news about Zoroastrian Bank
Complete news archive for Zoroastrian Bank
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Frequently Asked Questions about Zoroastrian Bank
Zoroastrian Bank was founded in 1927.
Zoroastrian Bank is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Zoroastrian Bank has 82 employees.
The primary company behind Zoroastrian Bank, Indroyal Furniture Company Private Limited, reported revenue of ₹19.37 Cr for FY 2024, up 31% year on year.
Zoroastrian Bank, established in 1927, excels in finance, banking, co-operative banking, and urban services. Operates as an urban co-operative bank providing financial services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Zoroastrian Bank's top competitors include Saraswat Co-operative Bank, Abhyudaya Co-Operative Bank and The Greater Bombay Co-operative Bank.
Zoroastrian Bank operates through Indroyal Furniture Company Private Limited.
The legal entities of Zoroastrian Bank currently have 6 directors, including Rajeev Prasannan, Suji Sugathan, Sulin Sugathan and others.
Yes. Zoroastrian Bank publishes Zoroastrian Bank MobileBanking and 1 more app, with over 5,000 downloads.