About Brics Securities Limited
Data last updated:
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 22 cases involving the company, including 18 filed by the company and 4 filed against it; 1 case is 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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB/306 Shankar Dhan Plaza, J N Road Mulund (West) Mumbai 400080, Maharashtra, India – 400080
- 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
Business Activity of Brics Securities Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Brics Securities Limited FY 2025 filings available
Brics Securities Limited reported revenue of ₹1.86 Lakh (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Brics Securities Limited
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 of Brics Securities 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.28 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 of Brics Securities Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Brics Securities 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.
Peer Comparison of Brics Securities Limited
Brics Securities Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultraplus Mercantiles Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sona Estates Pvt. Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| PKM Vyapar Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sitaram Management Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ganesh Vintrade Private Limtied | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Brics Securities Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Paras-Deep Marketing Private Limited (New Name) | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Skyline Investmart Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Camilla Distributors Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Matrushree Developers Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Kan Capital Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Brics Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Brics Securities Limited
Brics Securities Limited is audited by PRAS & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAS & 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.
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 6 Months | Current |
| Bhaskar Sadhu Shetty | Cfo | 28 Mar 2023 | 3 Years 6 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 5 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 3 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 | 0 Years 11 Months | Current |
Ownership and Shareholding of Brics Securities 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 Brics Securities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2022 | Others | ₹2 Cr | Satisfied |
| 17 Oct 2002 | Hdfc Bank Ltd. | ₹3 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Brics Securities Limited
Brics Securities Limited has 22 court cases on record: 18 filed by Brics Securities, 4 filed against it. 1 case is pending and 21 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 0 |
| High courts | 9 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed by the company against Maximus Securities Limited and 1 other | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Lehman Brothers Securities Private Limited | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by S S Corporate Securities Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Maximus Securities Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Maximus Securities Limited | Disposed |
Full case history
All 22 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.
MSME Payment Delays by Brics Securities Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Brics Securities Limited
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 |
Employees and EPFO Compliance at Brics Securities Limited
Brics Securities Limited has a workforce of 1 employees as of Apr 07, 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.
Group Structure of Brics Securities Limited
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.
Name History of Brics Securities Limited
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 |
Recent Activity on Brics Securities Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Brics Securities 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.
Subsidiaries & Group Companies of Brics Securities 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 Brics Securities Limited
Brics Securities has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4908R1Z9 | Maharashtra | 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 Brics Securities 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.
Frequently Asked Questions about Brics Securities Limited
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 reported revenue of ₹1.86 Lakh for FY 2025 (down 77% YoY).
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
Brics Securities reported a net loss of ₹3.28 Cr and EBITDA of -₹2.01 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Brics Securities is 29% over three years and -38% over five years. In the latest year (FY 2025) revenue fell 77%. CAGR is the steady yearly rate that links the first and the last year.
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 22 court cases on record: 18 filed by the company and 4 filed against it. 1 is 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.
The peers of Brics Securities by revenue are Ultraplus Mercantiles Private Limited, Sona Estates Pvt. Ltd, PKM Vyapar Private Limited, Sitaram Management Private Limited, Ganesh Vintrade Private Limtied and 5 more, all in the BFSI industry (Broking Services).
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.