- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-02-0000176

About Borkar Trading Company Private Limited
Data last updated:
Borkar Trading Company Private Limited is a private limited company based in Goa, India. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 26 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U51396GA1990PTC001023. Its GSTIN is 30AAACB7621D1ZF (Goa).
The company has an authorised share capital of ₹4.6 Cr and a paid-up capital of ₹4.6 Cr. It is led by directors including Nikhil Anil Borkar and Nihaal Deepak Borker.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Lake Plaza Opp Nehru Stadium Fatorda Margao, Goa, India – 403601.
As per the financials filed for FY 2024, the company reported a revenue of ₹91.17 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹20.4 Cr (net margin -22.4%) and EBITDA of -₹11.17 Cr (EBITDA margin -12.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100.56 Cr and satisfied charges of ₹70.56 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.51 Cr; the latest was in November 2020. Its 6 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 3 smaller; the largest is Mahavir Ghar Sansar Private Limited with revenue of ₹97.88 Cr.
Borkar Trading Company Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000176). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website borkars.com.
Company details
Recognitions & Rankings of Borkar Trading Company
Contact details
Borkar Trading Company Private Limited's registered office is in Goa. Its website is borkars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLake Plaza Opp Nehru Stadium Fatorda Margao, Goa, India – 403601
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Borkar Trading Company 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 Borkar Trading Company is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Borkar Trading Company Private Limited, buy the company report.
Financials of Borkar Trading Company Private Limited
FY 2024 filings availableBorkar Trading Company Private Limited reported revenue of ₹91.17 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 31% fall in the latest year. EBITDA fell 227% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.3% | ||||
| Net Profit Margin | -22.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Borkar Trading Company Private Limited, buy the company report.
Board of directors of Borkar Trading Company Private Limited
Borkar Trading Company has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Anil Borkar | Director | 08 Jun 2020 | 6 Years 5 Months | Current |
| Nihaal Deepak Borker Also directs: Neografiks (India) Private Limited, Borkar Consultancy Services Private Limited, Borkars Developers Private Limited and 2 more | Director | 15 Oct 2013 | 13 Years 0 Months | Current |
| Rohit Prakash Borkar | Director | 08 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Borkar Trading Company Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahavir Ghar Sansar Private Limited | ₹97.88 Cr (FY 2024) | 24.0% | Aurangabad, Maharashtra, India | |||
| Q-Mart Retail Private Limited | ₹94.45 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| MRG Fashions Private Limited | ₹94.41 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Borkar Trading Company Private Limitedthis company | ₹91.17 Cr (FY 2024) | -₹20.4 Cr | -22.4% | -31.0% | 181 | Goa, India |
| Elite Super Market Private Limited | ₹89.8 Cr (FY 2024) | 577.0% | Thrissur, Kerala, India | |||
| Unik Bazar Limited | ₹81.31 Cr (FY 2020) | -11.0% | Delhi, India | |||
| Shri Siddeshwar Super Bazar Private Limited | ₹76.9 Cr (FY 2024) | -28.0% | Vijaypur, Karnataka, India |
To see the full peer comparison of Borkar Trading Company Private Limited, buy the company report.
Auditor
Borkar Trading Company Private Limited is audited by R. K. PIKALE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. K. PIKALE & CO | FY 2023 | 107919W |
Shareholding
The shareholding of Borkar Trading Company Private 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 Borkar Trading Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2024 | 100944852 | Others | ₹2 Cr | Open | |
| 31 Jan 2023 | 100679525 | Others | ₹7 Cr | Open | |
| 07 May 2022 | 100577086 | Others | ₹48 Lakh | Open | |
| 29 Jan 2022 | 100537870 | Others | ₹11.3 Cr | Open | |
| 19 Oct 2021 | 100496722 | Others | ₹1.3 Cr | Open |
To see the full charge records of Borkar Trading Company Private Limited, buy the company report.
Total charge records: 56 View all charges
Deals & funding
Borkar Trading Company Private Limited has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.51 Cr; the latest was in November 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Borkar Family Trust & Deepak Borker, Borkar Family Trust Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Borkar Family Trust Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Dec 2014 | Funding round | ₹3 Cr | Investors: 4 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Akar Constructions, Borkar Consultancy Services Private Limited , 2 individuals |
To see the full deal history of Borkar Trading Company Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Borkar Trading Company Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Original application | Filed against the company by Myles High Health Concepts Pvt Ltd | Pending |
To see the full case history of Borkar Trading Company Private 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
Borkar Trading Company Private Limited was last rated by Crisil on 24 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Oct 2019 |
To see the full credit ratings and regulatory alerts of Borkar Trading Company Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Borkar Trading Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Borkar Trading Company Private Limited has a workforce of 181 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Borkar Trading Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACB7621D1ZF | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Borkar Trading Company Private Limited, buy the company report.
Recent activity
Borkar Trading Company Private Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Nikhil Anil Borkar ceased to be Additional Director on 31 Dec 2020.
97 earlier events are in the company report.
Frequently asked questions
Borkar Trading Company is an active private limited company based in Goa, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 26 February 1990 (36+ years old) and is registered under CIN U51396GA1990PTC001023.
Borkar Trading Company has 3 current directors:
- Nikhil Anil Borkar - Director
- Nihaal Deepak Borker - Director
- Rohit Prakash Borkar - Director
The latest financial statements of Borkar Trading Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Borkar Trading Company is 30AAACB7621D1ZF, registered in Goa.
The CIN (Corporate Identification Number) of Borkar Trading Company is U51396GA1990PTC001023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borkar Trading Company has 1 court case on record: 1 filed against it. 1 is pending.
Borkar Trading Company was incorporated on 26 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Goa.
Borkar Trading Company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.51 Cr; the latest was in November 2020.
The peers of Borkar Trading Company by revenue are Mahavir Ghar Sansar Private Limited, Q-Mart Retail Private Limited, MRG Fashions Private Limited, Elite Super Market Private Limited, Unik Bazar Limited and 1 more, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading).
Nikhil Anil Borkar ceased to be Additional Director on 31 Dec 2020. Rohit Prakash Borkar ceased to be Additional Director on 31 Dec 2020. Anil Damodar Borker ceased to be Director on 15 Jun 2020. Borkar Trading Company has 9 board changes on record in total.
Yes, Borkar Trading Company is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-02-0000176).

