About Brics Securities Limited
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Brics Securities Limited is a public 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 12 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1993PLC072800. Its GSTIN is 27AAACB4908R1Z9 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.5 Cr. It was formerly known as Birla Sunlife Securities Ltd and Birla Marlin Securities Ltd. It is led by directors including Paresh Muljibhai Patel (Whole-Time Director) and Yogesh Manik.
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 B/306 Shankar Dhan Plaza, J N Road Mulund (West) Mumbai 400080, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.86 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹3.28 Cr and EBITDA of -₹2.01 Cr. Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 38% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Brics Securities. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 26 cases involving the company, including 21 filed by the company and 5 filed against it; 2 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 bricssecurities.com.
Company details
Name history
Brics Securities has undergone 2 name changes throughout its history. The company was previously known as Birla Sunlife Securities Ltd, and Birla Marlin Securities Ltd. The current legal name is Brics Securities Limited.
| Company Name | Status |
|---|---|
| Brics Securities Limited | Current |
| Birla Sunlife Securities Ltd | Previous |
| Birla Marlin Securities Ltd | Previous |
Contact details
Brics Securities Limited's registered office is in Mumbai, Maharashtra. Its website is bricssecurities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/306 Shankar Dhan Plaza, J N Road Mulund (West) Mumbai 400080, Maharashtra, India – 400080
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Brics Securities 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
Brands
Brics Securities operates one associated brand: Brics Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of equity, commodity & debt brokerage services | bricssecurities.com |
Business activity
The main business activity of Brics Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
Financials of Brics Securities Limited
FY 2025 filings availableBrics Securities Limited reported revenue of ₹1.86 Lakh (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 77% fall in the latest year. EBITDA rose 23% 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 | -₹2.01 Cr | ||||
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| Net Profit (PAT) | -₹3.28 Cr | ||||
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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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To see the full financial statements and ratios of Brics Securities Limited, buy the company report.
Board of directors and KMP of Brics Securities Limited
Brics Securities Limited currently reports 4 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Muljibhai Patel | Whole-Time Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Bhaskar Sadhu Shetty | Cfo | 28 Mar 2023 | 3 Years 7 Months | Current |
| Yogesh Manik Also directs: Dayalal Meghji Tobacco Products Pvt Ltd, Yatish Trading Company Pvt Ltd, Valation Finance and Marketing Private Limited and 1 more | Director | 16 Apr 2004 | 22 Years 6 Months | Current |
| Venkatesh Padhmanabha Iyer Also directs: Yatish Trading Company Pvt Ltd, JV Gokal Mining Private Limited, Onemvc Consultant LLP and 5 more | Director | 10 Jun 2013 | 13 Years 5 Months | Current |
| Prabhakar Reddy Yeruva Also directs: Rajiv Gandhi Aviation Academy LLP, Chamundi Textiles (Silk Mills) Limited, JV Gokal Mining Private Limited and 5 more | Additional Director | 14 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Brics Securities Limited is audited by PRAS & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAS & Co. | FY 2023 | 133606W |
Shareholding
The shareholding of Brics Securities Limited 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Brics Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2022 | 100582998 | Others | ₹2 Cr | Satisfied | |
| 17 Oct 2002 | 90158035 | Hdfc Bank Ltd. | ₹3 Cr | Satisfied |
To see the full charge records of Brics Securities Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Brics Securities Limited has 26 court cases on record: 21 filed by Brics Securities, 5 filed against it. 2 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 3 | 1 |
| High courts | 9 | 1 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed by the company against Mafatlal Securities Ltd. and Anr. and Aditya Birla Nuvo Ltd. (Applicant) and 1 other | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Lehman Brothers Securities Pvt. Ltd. and 2 Ors. | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by S.S. Corporate Securities Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Mafatlal Securities Ltd. and Anr. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Mafatlal Securities Ltd. | Disposed |
To see the full case history of Brics Securities 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.
MSME payment delays
Brics Securities Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KKC & Associates LLP | |||
| DJ Mediaprint & Logistics Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Brics Securities Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Brics Securities has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Brics Securities Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Brics Securities has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4908R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Brics Securities Limited, buy the company report.
Recent activity
Brics Securities Limited has 17 board changes on record since 2004: 5 appointments and 12 cessations. The latest: Prabhakar Reddy Yeruva was appointed as Additional Director on 14 Oct 2025.
13 earlier events are in the company report.
Frequently asked questions
Brics Securities 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 12 July 1993 (33+ years old) and is registered under CIN U65990MH1993PLC072800.
Brics Securities has 5 current directors and KMP:
- Paresh Muljibhai Patel - Whole-Time Director
- Yogesh Manik - Director
- Venkatesh Padhmanabha Iyer - Director
- Prabhakar Reddy Yeruva - Additional Director
- Bhaskar Sadhu Shetty - Cfo
The latest financial statements of Brics Securities 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.
The GSTIN of Brics Securities is 27AAACB4908R1Z9, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Brics Securities is U65990MH1993PLC072800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brics Securities has 26 court cases on record: 21 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Brics Securities was incorporated on 12 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Prabhakar Reddy Yeruva was appointed as Additional Director on 14 Oct 2025. Bhaskar Sadhu Shetty was appointed as CFO on 28 Mar 2023. Venkatesh Padhmanabha Iyer ceased to be Director on 06 Jul 2018. Brics Securities has 17 board changes on record in total.
Brics Securities has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Brics Securities can be reached through the website bricssecurities.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Brics Securities is at B306 Shankar Dhan Plaza, J N Road Mulund West Mumbai 400080, Maharashtra, India – 400080.
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