About Eastern Financiers Ltd
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Eastern Financiers Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U64990WB1986PLC041392. Its GSTIN is 19AAACE7613A1Z2 (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹2.45 Cr. It was formerly known as Eastern Financiers Private Ltd. It is led by directors including Ambrish Agarwal (Managing Director) and Abhishek Agarwal (Managing Director).
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.46 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹18.09 Cr (net margin 15.7%) and EBITDA of ₹25.09 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 22% over five years.
The company has about 169 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Eastern Financiers. As per MCA filings, the company has open charges of ₹12.41 Cr and satisfied charges of ₹7.56 Cr on record. Court records list 31 cases involving the company, including 27 filed by the company and 4 filed against it; 10 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website easternfin.com.
Company details
CIN history
Eastern Financiers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64990WB1986PLC041392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990WB1986PLC041392 | Current |
| U65999WB1986PLC041392 | Previous |
| U65999WB1986PTC041392 | Previous |
Contact details
Eastern Financiers Ltd's registered office is in Kolkata, West Bengal. Its website is easternfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLords 7/1 Lord Sinha Road, 1st Floor Suite No.102 & 104, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Eastern Financiers Ltd, 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
Brands
Eastern Financiers operates one associated brand: Eastern Financiers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stocks are traded via an online platform. | easternfin.com |
Business activity
The main business activity of Eastern Financiers is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| 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 |
To see the full business activity and turnover split of Eastern Financiers Ltd, buy the company report.
Financials of Eastern Financiers Ltd
FY 2025 filings availableEastern Financiers Ltd reported revenue of ₹115.46 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 25% growth in the latest year. EBITDA rose 173% 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 | ₹25.09 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹18.09 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 15.7% | ||||
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To see the full financial statements and ratios of Eastern Financiers Ltd, buy the company report.
Board of directors of Eastern Financiers Ltd
Eastern Financiers has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Desh Ahuja Also directs: Unilux Films Private Limited, Green Band Apartments Private Limited, Business Estates & Communications Pvt.Ltd. and 2 more | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Anirudha Agarwalla | Director | 24 Aug 2015 | 11 Years 2 Months | Current |
| Ritesh Jain | Director | 19 May 2021 | 5 Years 5 Months | Current |
| Ajoy Agarwal Also directs: Aa4 Restaurants & Hospitality LLP, Skylite Textiles & Invstments Pvt Ltd, Erica Manufacturing Private Limited and 5 more | Whole-Time Director | 14 Oct 1986 | 40 Years 0 Months | Current |
| Ambrish Agarwal Also directs: Aa4 Restaurants & Hospitality LLP, Skylite Textiles & Invstments Pvt Ltd, Erica Manufacturing Private Limited and 5 more | Managing Director | 02 Feb 2001 | 25 Years 9 Months | Current |
| Abhishek Agarwal Also directs: Aa4 Restaurants & Hospitality LLP, Skylite Textiles & Invstments Pvt Ltd, Erica Manufacturing Private Limited and 5 more | Managing Director | 10 Oct 1999 | 27 Years 1 Months | Current |
Auditor
Eastern Financiers Ltd is audited by A.C.MAROTI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.C.MAROTI & CO | FY 2023 | 315058E |
Shareholding
The shareholding of Eastern Financiers Ltd 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eastern Financiers Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2025 | 101069222 | Others | ₹10 Cr | Open | |
| 27 Dec 2024 | 101033873 | Axis Bank Limited | ₹50 Lakh | Open | |
| 30 Nov 2024 | 101026564 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 27 Mar 2024 | 100941149 | Others | ₹64.8 Lakh | Open | |
| 29 Apr 2023 | 100732910 | Others | ₹1 Cr | Open |
To see the full charge records of Eastern Financiers Ltd, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Eastern Financiers Ltd has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Cr; the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Active Distributors Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Ajay Agarwal & Sons Huf Seller: an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Active Distributors Private Limited Seller: Mahavir Finance Limited, Sharp Investments Ltd , Panchmukhi Properties Private Limited |
| Jul 2009 | Funding round | ₹6 Cr | Investors: Finance Investments Private Limited, Panchmukhi Properties Private Limited , Mahavir Finance Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eastern Financiers Ltd has 31 court cases on record: 27 filed by Eastern Financiers, 4 filed against it. 10 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 4 | 10 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Uti Bank Ltd. and 10 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Disposed |
To see the full case history of Eastern Financiers Ltd, 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 Eastern Financiers Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Eastern Financiers has 3 subsidiary companies 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 |
|---|---|---|
| Pinetree Macro Private Limited | U67100WB2022PTC254656 | |
| E F Insurance Broking Private Limi | U67120WB1997PTC085397 | |
| Ef Commodities Pvt Ltd | U74999WB2006PTC109475 |
To see the full group structure of Eastern Financiers Ltd, buy the company report.
Employees & EPFO
Eastern Financiers Ltd has a workforce of 169 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 169 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Eastern Financiers Ltd, buy the company report.
GST
Eastern Financiers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACE7613A1Z2 | West Bengal | Active | 01 Jul 2017 |
| 07AAACE7613A1Z7 | Delhi | Active | 01 Jul 2017 |
| 20AAACE7613A1ZJ | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eastern Financiers Ltd, buy the company report.
Recent activity
Eastern Financiers Ltd has 18 board changes on record since 1986: 7 appointments and 11 cessations. The latest: Ajoy Agarwal ceased to be Managing Director on 31 Dec 2024.
30 earlier events are in the company report.
Frequently asked questions
Eastern Financiers is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 October 1986 (40+ years old) and is registered under CIN U64990WB1986PLC041392.
Eastern Financiers has 7 current directors:
- Ambrish Agarwal - Managing Director
- Abhishek Agarwal - Managing Director
- Ajoy Agarwal - Whole-Time Director
- Sudhir Desh Ahuja - Director
- Anirudha Agarwalla - Director
- Ritesh Jain - Director
- Sugam Madhogaria - Director
The latest financial statements of Eastern Financiers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eastern Financiers is 19AAACE7613A1Z2, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAACE7613A1Z7 (Delhi), 20AAACE7613A1ZJ (Jharkhand).
The CIN (Corporate Identification Number) of Eastern Financiers is U64990WB1986PLC041392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eastern Financiers has 31 court cases on record: 27 filed by the company and 4 filed against it. 10 are pending. Most are in the district courts.
Eastern Financiers was incorporated on 14 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
Eastern Financiers has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6 Cr; the latest was in March 2018.
Ajoy Agarwal ceased to be Managing Director on 31 Dec 2024. Harsh Choudhary ceased to be Director on 08 Jul 2022. Ritesh Jain ceased to be Additional Director on 30 Nov 2021. Eastern Financiers has 18 board changes on record in total.
Eastern Financiers can be reached through the website easternfin.com. Its registered office is in Kolkata, West Bengal, India.
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