Diligent Mercantile Private Limited
About Diligent Mercantile Private Limited
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Diligent Mercantile Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 06 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2006PTC112023. Its GSTIN is 19AACCD5075H1ZJ (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.7 Lakh. It is led by directors Aayushi Makharia and Aditya Kumar Makharia.
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 111 Park Street 4th Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 82.9%) and EBITDA of ₹1.6 Cr (EBITDA margin 97.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 31% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Diligent Mercantile Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address111 Park Street 4th Floor, Kolkata, West Bengal, India – 700016
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Diligent Mercantile 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 Diligent Mercantile is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Diligent Mercantile Private Limited, buy the company report.
Financials of Diligent Mercantile Private Limited
FY 2024 filings availableDiligent Mercantile Private Limited reported revenue of ₹1.63 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 38% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.6 Cr | ||||
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| Net Profit (PAT) | ₹1.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 97.9% | ||||
| Net Profit Margin | 82.9% | ||||
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To see the full financial statements and ratios of Diligent Mercantile Private Limited, buy the company report.
Board of directors of Diligent Mercantile Private Limited
Diligent Mercantile has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aayushi Makharia | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Aditya Kumar Makharia Also directs: Makharia Services LLP, Vishwaratan Tradelink Pvt Ltd, Nilambur Commodities Private Limited. and 2 more | Director | 01 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Diligent Mercantile Private Limited is audited by CHOUDHARY SHARMA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOUDHARY SHARMA AND ASSOCIATES | FY 2023 | 318065E |
Shareholding
The shareholding of Diligent Mercantile 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diligent Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2016 | 100066173 | Hdfc Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Diligent Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Diligent Mercantile Private Limited has 1 court case on record: 1 filed by Diligent Mercantile. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Diligent Mercantile 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diligent Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diligent Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCD5075H1ZJ | West Bengal | Active | 11 Aug 2017 |
To see the full GST registrations and return filing status of Diligent Mercantile Private Limited, buy the company report.
Recent activity
Diligent Mercantile Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Aayushi Makharia was appointed as Director on 01 Jul 2016.
Frequently asked questions
Diligent Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 06 December 2006 (20+ years old) and is registered under CIN U51909WB2006PTC112023.
Diligent Mercantile has 2 current directors:
- Aayushi Makharia - Director
- Aditya Kumar Makharia - Director
The latest financial statements of Diligent Mercantile 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 Diligent Mercantile is 19AACCD5075H1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of Diligent Mercantile is U51909WB2006PTC112023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diligent Mercantile has 1 court case on record: 1 filed by the company. 1 is pending.
Diligent Mercantile was incorporated on 06 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Aayushi Makharia was appointed as Director on 01 Jul 2016. Sidharth Makharia ceased to be Director on 01 Jul 2016. Sukanta Mitra ceased to be Director on 01 Apr 2012. Diligent Mercantile has 7 board changes on record in total.
The registered office of Diligent Mercantile is at 111 Park Street 4th Floor, Kolkata, West Bengal, India – 700016.
Diligent Mercantile operates in the fashion and textile industry, in the fashion retail segment.