
Chowdry Associates
About Chowdry Associates
Data last updated:
Chowdry Associates is a private unlimited liabilities company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 March 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100DL1979ULT021615. Its GSTIN is 07AAACC0387R1Z9 (Delhi).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.15 Cr. It is led by directors including Indira Burman and Sumati Ravi Raheja.
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 4th Floor Punjabi Bhawan 10 Rouse Avenue, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2022, the company reported a revenue of ₹253.49 Cr, a growth of 8.85% compared to the previous year.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address4th Floor Punjabi Bhawan 10 Rouse Avenue, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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 Chowdry Associates
Chowdry Associates operates primarily in the financial and insurance service sector. 2 business activities are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Financials of Chowdry Associates FY 2024 filings available
Chowdry Associates reported revenue of ₹253.49 Cr (up 8.85% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Chowdry Associates
Revenue rose 8.85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Chowdry Associates
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹253.49 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Chowdry Associates
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 Chowdry Associates 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 Chowdry Associates
Chowdry Associates is compared with the companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chowdry Associates this company | ₹253.49 Cr (FY 2022) | •••• | •••• | 8.9% | •••• | New Delhi, Delhi, India |
| Ashika Global Securities Private Limited | ₹227.98 Cr (FY 2024) | •••• | •••• | 116.0% | •••• | Kolkata, West Bengal, India |
| Smartlink Holdings Limited Listed | ₹226.44 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Salcete, Goa, India |
| Reliance Ventures Limited | ₹224.01 Cr (FY 2019) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| Ratna Commercial Enterprises Private Ltd. | ₹222.57 Cr (FY 2019) | •••• | •••• | 48.0% | •••• | Delhi, India |
| Prism International Private Limited | ₹222.13 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| JNJ Holdings Private Limited | ₹219.13 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| TMT Viniyogan Ltd. | ₹218.58 Cr (FY 2020) | •••• | •••• | 525.0% | •••• | Kolkata, West Bengal, India |
| Akara Capital Advisors Private Limited | ₹216.92 Cr (FY 2023) | •••• | •••• | 339.0% | •••• | Delhi, India |
| Sakthi Finance Limited Listed | ₹215.2 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Coimbatore, Tamil Nadu, India |
| Epoch Synthetics Pvt.Ltd. | ₹213.04 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Chowdry Associates by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chowdry Associates
Chowdry Associates is audited by BANSAL & CO LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANSAL & CO LLP | 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 of Chowdry Associates
Chowdry Associates has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indira Burman | Director | 17 Sep 2001 | 25 Years 1 Months | Current |
| Sumati Ravi Raheja | Director | 01 May 2018 | 8 Years 5 Months | Current |
| Saket Burman Also directs: Dabur India Limited, Adb Trusteeship Private Limited | Director | 11 Jul 2013 | 13 Years 3 Months | Current |
Ownership and Shareholding of Chowdry Associates
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 Chowdry Associates
Chowdry Associates does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Chowdry Associates
Employment history and EPFO contributions of people linked to Chowdry Associates.
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 Chowdry Associates
Chowdry Associates has 1 subsidiary company and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Upvan Farms And Services Private Limited | U70100DL1970PTC005269 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Chowdry Associates
Chowdry Associates has one previous CIN (Corporate Identification Number): U74899DL1979ULT021615. The current CIN is U65100DL1979ULT021615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100DL1979ULT021615 | Current |
| U74899DL1979ULT021615 | Previous |
Recent Activity on Chowdry Associates
Chowdry Associates has 8 board changes on record since 2001: 3 appointments and 5 cessations. The latest: Pradip Burman ceased to be Director on 09 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Chowdry Associates
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.
MSME Payment Delays by Chowdry Associates
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chowdry Associates
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 Chowdry Associates
Chowdry Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACC0387R1Z9 | Delhi | 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 Chowdry Associates
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 Chowdry Associates
Chowdry Associates is an active private unlimited liabilities company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 March 1979 (47+ years old) and is registered under CIN U65100DL1979ULT021615.
Chowdry Associates reported revenue of ₹253.49 Cr for FY 2022 (up 8.85% YoY).
Chowdry Associates has 3 current directors:
- Indira Burman - Director
- Sumati Ravi Raheja - Director
- Saket Burman - Director
The GSTIN of Chowdry Associates is 07AAACC0387R1Z9, registered in Delhi.
The CIN (Corporate Identification Number) of Chowdry Associates is U65100DL1979ULT021615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chowdry Associates was incorporated on 27 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Chowdry Associates by revenue are Ashika Global Securities Private Limited, Smartlink Holdings Limited, Reliance Ventures Limited, Ratna Commercial Enterprises Private Ltd, Prism International Private Limited and 5 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC).
Pradip Burman ceased to be Director on 09 May 2025. Amit Burman ceased to be Director on 26 Jul 2022. Sumati Ravi Raheja ceased to be Additional Director on 11 Sep 2018. Chowdry Associates has 8 board changes on record in total.
The registered office of Chowdry Associates is at 4th Floor Punjabi Bhawan 10 Rouse Avenue, New Delhi, Delhi, India – 110002.
Chowdry Associates has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.15 Cr.
Chowdry Associates operates in the financial services industry, in the nbfc segment.