
About Centrum Broking Limited (CN)
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Centrum Broking Limited (CN) is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Centrum Capital Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PLC078125. Its GSTIN is 27AABCA1498E1ZT (Maharashtra). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹5.81 Cr. It was formerly known as Advani Share Brokers P Ltd and Centrum Broking Private Limited (Cn). It is led by directors including Hemang Bipin Dagli (Whole-Time Director) and Jignesh Harsukhbhai Desai (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Level – 9 Centrum House C.S.T. Road Vidyanagari Marg Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2026, the company reported a revenue of ₹46.77 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹47.37 Lakh (net margin 1%) and EBITDA of ₹18.01 Cr (EBITDA margin 38.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company has about 121 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹150 Cr on record. Court records list 18 cases involving the company, including 9 filed by the company and 9 filed against it; 9 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 centrum.co.in.
Company details
Name history
Centrum Broking Limited (CN) has undergone 4 name changes throughout its history. The current legal name is Centrum Broking Limited (Cn).
| Company Name | Status |
|---|---|
| Centrum Broking Limited (CN) | Current |
| Advani Share Brokers P Ltd | Previous |
| Centrum Broking Private Limited (Cn) | Previous |
| Centrum Broking Limited | Previous |
| Centrum Broking Private Limited | Previous |
CIN history
Centrum Broking Limited (CN) has one previous CIN (Corporate Identification Number): U67120MH1994PTC078125. The current CIN is U67120MH1994PLC078125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1994PLC078125 | Current |
| U67120MH1994PTC078125 | Previous |
Contact details
Centrum Broking Limited (CN)'s registered office is in Mumbai, Maharashtra. Its website is centrum.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel – 9 Centrum House C.S.T. Road Vidyanagari Marg Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Diversified Financial Services, Brokerage & Trading Services
To see the full contact details of Centrum Broking Limited (CN), 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 Centrum Broking Limited (CN) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| 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 | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Centrum Broking Limited (CN), buy the company report.
Financials of Centrum Broking Limited (CN)
FY 2026 filings availableCentrum Broking Limited (CN) reported revenue of ₹46.77 Cr (down 4% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 4% fall in the latest year. EBITDA rose 21% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹18.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.37 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.5% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Centrum Broking Limited (CN), buy the company report.
Board of directors of Centrum Broking Limited (CN)
Centrum Broking Limited (CN) has 7 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Koni Sandeep Nayak Also directs: Centrum Investment Advisors Limited, Centrum Finverse Limited | Director | 08 Dec 2011 | 14 Years 10 Months | Current |
| Radhamangalam Anantharaman Sankaranarayanan | Director | 20 Mar 2026 | 0 Years 7 Months | Current |
| Subrata Kumar Atindra Mitra Also directs: QSK Advisory LLP, Il&Fs Engineering and Construction Company Limited, Il&Fs Transportation Networks Limited and 3 more | Director | 05 Aug 2020 | 6 Years 2 Months | Current |
| Shankar Keshava Vailaya Also directs: Shrikar Valves Private Limited, Cookwell Domestic Appliances Limited, Centrum Finverse Limited and 5 more | Director | 28 Jul 2022 | 4 Years 3 Months | Current |
| Rajendra Naik | Director | 25 Jan 2023 | 3 Years 9 Months | Current |
| Hemang Bipin Dagli | Whole-Time Director | 23 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Centrum Broking Limited (CN) is compared with the 7 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anvil Share and Stock Broking Private Limited | ₹91.82 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Neo Markets Services Private Limited | ₹91.68 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Badjate Stock.Broking Private Limited CN | ₹91.07 Cr (FY 2025) | 3.0% | Nagpur, Maharashtra, India | |||
| Achintya Commodities Private Limited | ₹90.33 Cr (FY 2025) | -53.0% | Gandhinagar, Gujarat, India | |||
| Aum Capital Market Private Limited | ₹89.49 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Econo Broking Private Limited | ₹89.38 Cr (FY 2025) | 131.0% | Gift City Gandhinagar, Gujarat, India | |||
| Silver Stream Equities Private Limited | ₹89.12 Cr (FY 2025) | 45.0% | Gandhinagar, Gujarat, India | |||
| Centrum Broking Limited (CN)this company | ₹46.77 Cr (FY 2026) | ₹47.37 Lakh | 1% | -4.0% | 121 | Mumbai, Maharashtra, India |
To see the full peer comparison of Centrum Broking Limited (CN), buy the company report.
Auditor
Centrum Broking Limited (CN) is audited by M/s Bhogilal C Shah& Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Bhogilal C Shah& Co. | FY 2024 | 101424W |
Shareholding
The shareholding of Centrum Broking Limited (CN) is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Centrum Broking Limited (CN), buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2024 | 101004808 | Others | ₹5 Cr | Satisfied | |
| 30 Apr 2024 | 100921649 | Axis Bank Limited | ₹75 Cr | Satisfied | |
| 30 Nov 2020 | 100399984 | Axis Bank Limited | ₹30 Cr | Satisfied | |
| 09 Nov 2019 | 100365701 | Others | ₹30 Cr | Satisfied | |
| 14 May 2018 | 100181376 | Axis Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Centrum Broking Limited (CN), buy the company report.
Total charge records: 5 View all charges
Legal cases
Centrum Broking Limited (CN) has 18 court cases on record: 9 filed by Centrum Broking Limited (CN), 9 filed against it. 9 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 5 |
| High courts | 7 | 4 | 4 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (AP-COM) | Filed by the company against Shreekunj Securities Private Limited | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by Ms. K.U. Advani Private Ltd. and 2 others | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against K.U. Advani Pvt. Ltd. | Disposed |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by an individual | Pending |
To see the full case history of Centrum Broking Limited (CN), 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
Centrum Broking Limited (CN) was last rated by Crisil on 22 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Dec 2021 |
To see the full credit ratings and regulatory alerts of Centrum Broking Limited (CN), buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Centrum Broking Limited (CN); the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Centrum Broking Limited (CN) has a workforce of 121 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Centrum Broking Limited (CN) has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA1498E1ZT | Maharashtra | Active | 01 Jul 2017 |
| 33AABCA1498E1Z0 | Tamil Nadu | Active | 25 Jul 2017 |
| 07AABCA1498E1ZV | Delhi | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Centrum Broking Limited (CN), buy the company report.
Recent activity
Centrum Broking Limited (CN) has 29 board changes on record since 2007: 7 appointments and 22 cessations. The latest: Radhamangalam Anantharaman Sankaranarayanan was appointed as Director on 20 Mar 2026.
34 earlier events are in the company report.
News
Frequently asked questions
Centrum Broking Limited (CN) is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 May 1994 (32+ years old) and is registered under CIN U67120MH1994PLC078125.
Centrum Broking Limited (CN) has 7 current directors:
- Hemang Bipin Dagli - Whole-Time Director
- Jignesh Harsukhbhai Desai - Whole-Time Director
- Koni Sandeep Nayak - Director
- Radhamangalam Anantharaman Sankaranarayanan - Director
- Subrata Kumar Atindra Mitra - Director
- Shankar Keshava Vailaya - Director
- Rajendra Naik - Director
The latest financial statements of Centrum Broking Limited (CN) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Centrum Broking Limited (CN) is 27AABCA1498E1ZT, registered in Maharashtra. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 33AABCA1498E1Z0 (Tamil Nadu), 07AABCA1498E1ZV (Delhi).
The CIN (Corporate Identification Number) of Centrum Broking Limited (CN) is U67120MH1994PLC078125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centrum Broking Limited (CN) has 18 court cases on record: 9 filed by the company and 9 filed against it. 9 are pending. Most are in the district courts.
Centrum Broking Limited (CN) was incorporated on 02 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Centrum Broking Limited (CN) by revenue are Anvil Share and Stock Broking Private Limited, Neo Markets Services Private Limited, Badjate Stock.Broking Private Limited CN, Achintya Commodities Private Limited, Aum Capital Market Private Limited and 2 more, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Radhamangalam Anantharaman Sankaranarayanan was appointed as Director on 20 Mar 2026. Hemang Bipin Dagli ceased to be Additional Director on 24 Apr 2025. Hemang Bipin Dagli was appointed as Whole-Time Director on 23 Apr 2025. Centrum Broking Limited (CN) has 29 board changes on record in total.
Centrum Broking Limited (CN) can be reached through the website centrum.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Centrum Broking Limited (CN) is at Level – 9 Centrum House C.S.T. Road Vidyanagari Marg Kalina Santacruz E, Mumbai, Maharashtra, India – 400098.

