About Dilkush Forex Solutions Private Limited
Data last updated:
Dilkush Forex Solutions 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 08 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65100TN2011PTC079102. Its GSTIN is 33AADCD7122J1ZV (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ramesh Devikalavathy (Managing Director) and Thukkaram Gowribai.
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 Old No.17 New No 41 Ground Floor Sarojini Street T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.47 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹7.64 Lakh (net margin 0.1%) and EBITDA of ₹35.97 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years and 16% over five years.
The company is associated with 1 brand: Dilkush Forex. As per MCA filings, the company has open charges of ₹92.71 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dilkushforex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOld No.17 New No 41 Ground Floor Sarojini Street 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 Dilkush Forex Solutions Private Limited
The main business activity of Dilkush Forex Solutions 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 Dilkush Forex Solutions Private Limited FY 2024 filings available
Dilkush Forex Solutions Private Limited reported revenue of ₹72.47 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dilkush Forex Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 47% growth in the latest year. EBITDA rose 8% 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 Dilkush Forex Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹35.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.64 Lakh | •••• | •••• | •••• | •••• |
| 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 Dilkush Forex Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Dilkush Forex Solutions 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 Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions 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 |
|---|---|---|---|---|---|---|
| Flyfox Forex Private Limited | ₹74.01 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Delphi World Money Limited Listed | ₹73.96 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Ultimate Exchange Private Limited | ₹73.41 Cr (FY 2018) | •••• | •••• | 3719.0% | •••• | New Delhi, Delhi, India |
| JDS Forex and Holidays Private Limited | ₹73.16 Cr (FY 2020) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Bajrang Forex Private Limited | ₹73.08 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | New Delhi, Delhi, India |
| Dilkush Forex Solutions Private Limited this company | ₹72.47 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Chennai, Tamil Nadu, India |
| Kanji Forex Private Limited | ₹72.08 Cr (FY 2025) | •••• | •••• | 480.0% | •••• | Mumbai, Maharashtra, India |
| Dhanlav Forex Private Limited | ₹71.27 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Amritsar, Punjab, India |
| Chirayu Forex Private Limited | ₹71.01 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Nishtha Forex Private Limited | ₹70.29 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Lucknow, Uttar Pradesh, India |
| Executive Forex Private Limited | ₹69.68 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Dilkush Forex Solutions 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 Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions Private Limited is audited by VIJAYAN & ARUN for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAYAN & ARUN | 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 Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thukkaram Gowribai | Director | 08 Feb 2011 | 15 Years 8 Months | Current |
| Ramesh Devikalavathy Also directs: DK Forex and Hospitality Private Limited | Managing Director | 08 Feb 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Dilkush Forex Solutions 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 Dilkush Forex Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2021 | Others | ₹48 Lakh | Open |
| 05 Mar 2020 | Axis Bank Limited | ₹44.71 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by HDFC Bank Limited | Disposed |
Full case history
All 1 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.
Associated Brands with Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions operates one associated brand: Dilkush Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign exchange and money transfer services are offered in Chennai. | dilkushforex.com |
Employees and EPFO Compliance at Dilkush Forex Solutions Private Limited
Employment history and EPFO contributions of people linked to Dilkush Forex Solutions.
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 Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Ramesh Devikalavathy ceased to be Director on 13 Dec 2012.
Credit Ratings, Litigation & Regulatory Alerts for Dilkush Forex Solutions 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 Dilkush Forex Solutions 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 Dilkush Forex Solutions 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 Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCD7122J1ZV | 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 Dilkush Forex Solutions 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 Dilkush Forex Solutions Private Limited
Dilkush Forex Solutions 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 08 February 2011 (15+ years old) and is registered under CIN U65100TN2011PTC079102.
Dilkush Forex Solutions reported revenue of ₹72.47 Cr for FY 2024 (up 47% YoY).
Dilkush Forex Solutions has 2 current directors:
- Ramesh Devikalavathy - Managing Director
- Thukkaram Gowribai - Director
Dilkush Forex Solutions reported a net profit of ₹7.64 Lakh (net margin 0.1%) and EBITDA of ₹35.97 Lakh (EBITDA margin 0.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dilkush Forex Solutions is 114% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dilkush Forex Solutions is 33AADCD7122J1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Dilkush Forex Solutions is U65100TN2011PTC079102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dilkush Forex Solutions has 1 court case on record: 1 filed against it.
Dilkush Forex Solutions was incorporated on 08 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Dilkush Forex Solutions by revenue are Flyfox Forex Private Limited, Delphi World Money Limited, Ultimate Exchange Private Limited, JDS Forex and Holidays Private Limited, Bajrang Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Ramesh Devikalavathy ceased to be Director on 13 Dec 2012. Ramesh Devikalavathy was appointed as Managing Director on 08 Feb 2011. Thukkaram Gowribai was appointed as Director on 08 Feb 2011.