About Dhoshi Forex Private Limited
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Dhoshi Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 09 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2015PTC098767. Its GSTIN is 33AAFCD2174A1ZA (Tamil Nadu).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors including Manoharan Kalaiselvi and Sekar Sathya.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.17 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹74,735 (net margin 0%) and EBITDA of -₹10.82 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 117% over three years and 10% over five years.
The company is associated with 1 brand: Dhoshi Forex Pvt Ltd.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhoshiforex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No 14 Ground Floor Arihant Vtn Presidency New No. 50 Old No. 139 North Usman Roa, D T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryFinancial Services, Forex 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 Dhoshi Forex Private Limited
The main business activity of Dhoshi Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Dhoshi Forex Private Limited FY 2025 filings available
Dhoshi Forex Private Limited reported revenue of ₹47.17 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dhoshi Forex Private Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. 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 Dhoshi Forex Private 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 | -₹10.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹74,735 | •••• | •••• | •••• | •••• |
| 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 Dhoshi Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Dhoshi Forex 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 Dhoshi Forex Private Limited
Dhoshi Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| ZMS Forex and Tours Private Limited | ₹67.1 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Fxworld Forex and Travel Services Private Limited | ₹65.65 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Kozhikode, Kerala, India |
| Alfaaz Mercado Forex Private Limited | ₹65.45 Cr (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Navjot Forex Services Private Limited | ₹64.2 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Karnal, Haryana, India |
| LKN Forex Private Limited | ₹63.89 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Lucknow, Uttar Pradesh, India |
| Paradise Money Changer Private Limited | ₹62.73 Cr (FY 2024) | •••• | •••• | 281.0% | •••• | Madurai, Tamil Nadu, India |
| Nishi Forex and Leisure Private Limited | ₹61.87 Cr (FY 2023) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Singeswar Forex Private Limited | ₹61.36 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| BNN Forex Private Limited | ₹61.14 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Chennai, Tamil Nadu, India |
| Tei Forex Private Limited | ₹60.95 Cr (FY 2019) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Dhoshi Forex Private Limited this company | ₹47.17 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Dhoshi Forex by revenue in the BFSI industry (Money Exchange Services), 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 Dhoshi Forex Private Limited
Dhoshi Forex Private Limited is audited by Balamurugan and Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Balamurugan and 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 of Dhoshi Forex Private Limited
Dhoshi Forex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoharan Kalaiselvi | Director | 09 Jan 2015 | 11 Years 9 Months | Current |
| Sekar Sathya | Director | 09 Jan 2015 | 11 Years 9 Months | Current |
| Manoharan Vimal | Director | 17 Sep 2015 | 11 Years 0 Months | Current |
Ownership and Shareholding of Dhoshi Forex Private 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 Dhoshi Forex Private Limited
Dhoshi Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Dhoshi Forex Private Limited
Dhoshi Forex operates one associated brand: Dhoshi Forex Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign exchange and money changing services in Chennai. | dhoshiforex.com |
Employees and EPFO Compliance at Dhoshi Forex Private Limited
Employment history and EPFO contributions of people linked to Dhoshi Forex.
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.
Recent Activity on Dhoshi Forex Private Limited
Dhoshi Forex Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Manoharan Vimal ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Dhoshi Forex Private 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.
MSME Payment Delays by Dhoshi Forex Private Limited
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 Dhoshi Forex Private 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 Dhoshi Forex Private Limited
Dhoshi Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCD2174A1ZA | Tamil Nadu | 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 Dhoshi Forex Private 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 Dhoshi Forex Private Limited
Dhoshi Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 09 January 2015 (11+ years old) and is registered under CIN U74900TN2015PTC098767.
Dhoshi Forex reported revenue of ₹47.17 Cr for FY 2025 (down 25% YoY).
Dhoshi Forex has 3 current directors:
- Manoharan Kalaiselvi - Director
- Sekar Sathya - Director
- Manoharan Vimal - Director
Dhoshi Forex reported a net profit of ₹74,735 (net margin 0%) and EBITDA of -₹10.82 Lakh (EBITDA margin -0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhoshi Forex is 117% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dhoshi Forex is 33AAFCD2174A1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Dhoshi Forex is U74900TN2015PTC098767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhoshi Forex was incorporated on 09 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Dhoshi Forex by revenue are ZMS Forex and Tours Private Limited, Fxworld Forex and Travel Services Private Limited, Alfaaz Mercado Forex Private Limited, Navjot Forex Services Private Limited, LKN Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Manoharan Vimal ceased to be Additional Director on 30 Sep 2016. Manoharan Vimal was appointed as Director on 17 Sep 2015. Manoharan Kalaiselvi was appointed as Director on 09 Jan 2015. Dhoshi Forex has 4 board changes on record in total.
Dhoshi Forex can be reached through the website dhoshiforex.com. Its registered office is in Chennai, Tamil Nadu, India.