Eastern Mercantiles Pvt.Ltd.
About Eastern Mercantiles Pvt.Ltd.
Data last updated:
Eastern Mercantiles Pvt.Ltd. was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 October 1992.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1992PTC101894. Its GSTIN is 24AAACE6031C1ZD (Gujarat). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹6.99 Cr and a paid-up capital of ₹1.42 Cr. It was led by directors Durgesh Anilkumar Agarwal and Anil Kumar Agarwal.
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 was at 2nd Floor B1 Safal Profitaire Opp Auda Garden Corporate Road Prahlad Nagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.41 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹2 Cr (net margin 37%) and EBITDA of ₹4.52 Cr (EBITDA margin 83.6%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 34% over five years.
Its group structure included 5 subsidiaries.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹49.7 Lakh; the latest was in March 2018. Its 10 peer companies in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Adnyat Agro and Solid Waste Management Consultancy Private Limited with revenue of ₹5.41 Cr.
CIN History of Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles has one previous CIN (Corporate Identification Number): U51909WB1992PTC056748. The current CIN is U51909GJ1992PTC101894, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ1992PTC101894 | Current |
| U51909WB1992PTC056748 | Previous |
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- Registered Address2nd Floor B1 Safal Profitaire Opp Auda Garden Corporate Road Prahlad Nagar, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Financials of Eastern Mercantiles Pvt.Ltd. FY 2024 filings available
Eastern Mercantiles Pvt.Ltd. reported revenue of ₹5.41 Cr (up 119% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Eastern Mercantiles Pvt.Ltd.
Revenue rose 119% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 34%. EBITDA rose 107% 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 Eastern Mercantiles Pvt.Ltd.
| 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 | ₹4.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2 Cr | •••• | •••• | •••• | •••• |
| 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 Eastern Mercantiles Pvt.Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 37% | •••• | •••• | •••• | •••• |
| 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 Eastern Mercantiles 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.
Board of Directors of Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgesh Anilkumar Agarwal Also directs: City Gold Developers (Guj.) LLP, RSN Hi Tech LLP, Himja Management Solutions LLP and 5 more | Director | 22 Aug 2005 | 21 Years 2 Months | As last reported |
| Anil Kumar Agarwal Also directs: City Gold Developers (Guj.) LLP, RSN Hi Tech LLP, Himja Management Solutions LLP and 5 more | Director | 10 Dec 2004 | 21 Years 10 Months | As last reported |
Peer Comparison of Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles Pvt.Ltd. is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adnyat Agro and Solid Waste Management Consultancy Private Limited | ₹5.41 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Sangali, Maharashtra, India |
| Axils Food Private Limited | ₹5.41 Cr (FY 2024) | •••• | •••• | 189.0% | •••• | Hyderabad, Telangana, India |
| Subhlaxmi Textile Private Limited | ₹5.41 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Sri Laxmi Textiles Private Limited | ₹5.41 Cr (FY 2019) | •••• | •••• | -26.0% | •••• | Kumbakonam, Tamil Nadu, India |
| Sagas Synthetics Private Limited | ₹5.41 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Bhilwara, Rajasthan, India |
| Eastern Mercantiles Pvt.Ltd. this company | ₹5.41 Cr (FY 2024) | •••• | •••• | 119.0% | •••• | Ahmedabad, Gujarat, India |
| Anadata Producer Company Limited | ₹5.4 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Baran, Rajasthan, India |
| Pan Distributors Private Limited | ₹5.4 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| DJG Impex Private Limited | ₹5.4 Cr (FY 2024) | •••• | •••• | 326.0% | •••• | Mumbai, Maharashtra, India |
| Quinzaine Leasing & Infotech Private Limited | ₹5.39 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Dhita Chemtech Private Limited | ₹5.39 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Eastern Mercantiles by revenue in the Agriculture industry (Agro Retail and Distribution, Textile Retail and Distribution), 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 Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles Pvt.Ltd. is audited by VKR & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VKR & ASSOCIATES | 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.
Ownership and Shareholding of Eastern Mercantiles Pvt.Ltd.
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 Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles Pvt.Ltd. does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles Pvt.Ltd. has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹49.7 Lakh; the latest was in March 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Atreyi Vincom Pvt Ltd |
| Mar 2016 | Funding round | ₹10.2 Lakh | Investors: Atreyi Vincom Pvt Ltd |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Atreyi Vincom Pvt Ltd , Kailash Prasad Anil Kumar Huf, 2 individuals Seller: Anilkumar Kailashprasad Huf, Moon Mercantiles Private Limited, Suraj Commerce Private Limited |
| Mar 2012 | Funding round | ₹39.5 Lakh | Investors: Suraj Commerce Private Limited , Moon Mercantiles Private Limited, Star Commission Agents Private Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kamayni Sales Promotions Private Limited, Dhanvidhya Finance & Investments Consultancy Services Private Limited, Suruchi Distributors Private Limited |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles Pvt.Ltd. has 4 court cases on record: 3 filed by Eastern Mercantiles, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Howrah, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Howrah, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, Howrah, West Bengal | Court case (1.Title Suit) | Filed against the company by an individual | Disposed |
| Calcutta High Court | Company petition | Filed by the company | Disposed |
Full case history
All 4 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.
Employees and EPFO Compliance at Eastern Mercantiles Pvt.Ltd.
Employment history and EPFO contributions of people linked to Eastern Mercantiles.
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 Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles has 5 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Durgesh Infrastructure Private Limited | U45209GJ2010PTC061589 | Locked |
| Ornet Infrastructure Private Limited | U45400GJ2007PTC051729 | Locked |
| Durgesh Impex Private Limited | U51100GJ2004PTC045062 | Locked |
| Unicon Suppliers Pvt Ltd | U51109GJ1996PTC102107 | Locked |
| Atreyi Vincom Pvt Ltd | U52321GJ1994PTC102089 | Locked |
Showing major subsidiaries. Total: 5.
Recent Activity on Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles Pvt.Ltd. has 2 board changes on record since 2004: 2 appointments. The latest: Durgesh Anilkumar Agarwal was appointed as Director on 22 Aug 2005.
Credit Ratings, Litigation & Regulatory Alerts for Eastern Mercantiles Pvt.Ltd.
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 Eastern Mercantiles Pvt.Ltd.
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 Eastern Mercantiles Pvt.Ltd.
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 Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE6031C1ZD | Gujarat | Active | 30 Nov 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 Eastern Mercantiles Pvt.Ltd.
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 Eastern Mercantiles Pvt.Ltd.
Eastern Mercantiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Eastern Mercantiles was a private limited company based in Ahmedabad, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 October 1992 and is registered under CIN U51909GJ1992PTC101894. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Eastern Mercantiles was incorporated on 01 October 1992. It is registered with the Registrar of Companies, Ahmedabad.
Eastern Mercantiles had 2 directors:
- Durgesh Anilkumar Agarwal - Director
- Anil Kumar Agarwal - Director
The CIN (Corporate Identification Number) of Eastern Mercantiles is U51909GJ1992PTC101894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Eastern Mercantiles is at 2nd Floor B1 Safal Profitaire Opp Auda Garden Corporate Road Prahlad Nagar, Ahmedabad, Gujarat, India – 380015.
Eastern Mercantiles reported revenue of ₹5.41 Cr for FY 2024 (up 119% YoY).
Eastern Mercantiles has an authorised share capital of ₹6.99 Cr and a paid-up capital of ₹1.42 Cr.
Eastern Mercantiles reported a net profit of ₹2 Cr (net margin 37%) and EBITDA of ₹4.52 Cr (EBITDA margin 83.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Eastern Mercantiles is 24AAACE6031C1ZD, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Eastern Mercantiles operated in the home and lifestyle industry, in the textile retail and distribution segment.