Eastern Newspapers Pvt. Ltd.
About Eastern Newspapers Pvt. Ltd.
Data last updated:
Eastern Newspapers Pvt. Ltd. was a private limited company based in Kolkata, West Bengal, 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 financial services and investment segment of the financial services sector. It was incorporated on 30 July 1991.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U22121WB1991PTC052497.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4.52 Lakh. It was led by directors Rajesh Kumar Mall and Mahadev Mallick.
Its last annual general meeting (AGM) was held on 26 May 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Radhasagar Ground Floor 8 Moira Street, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.13 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.2 Lakh (net margin 59.3%) and EBITDA of ₹9.11 Lakh (EBITDA margin 75.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Eastern Newspapers has one previous CIN (Corporate Identification Number): U99999WB1991PTC052497. The current CIN is U22121WB1991PTC052497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22121WB1991PTC052497 | Current |
| U99999WB1991PTC052497 | Previous |
Contact details
Eastern Newspapers Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRadhasagar Ground Floor 8 Moira Street, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Financial Activities, Financial & Credit Leasing
To see the full contact details of Eastern Newspapers Pvt. 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
Business activity
The main business activity of Eastern Newspapers is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Eastern Newspapers Pvt. Ltd., buy the company report.
Financials of Eastern Newspapers Pvt. Ltd.
FY 2018 filings availableEastern Newspapers Pvt. Ltd. reported revenue of ₹12.13 Lakh (up 258% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 258% growth in the latest year. EBITDA rose 605% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹12.13 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9.11 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.2 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 75.1% | |||
| Net Profit Margin | 59.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Eastern Newspapers Pvt. Ltd., buy the company report.
Board of directors of Eastern Newspapers Pvt. Ltd.
Eastern Newspapers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Mall Also directs: Mall Real Estates Pvt Ltd | Director | 23 Jun 2009 | 17 Years 4 Months | As last reported |
| Mahadev Mallick | Director | 07 Jul 2014 | 12 Years 3 Months | As last reported |
Peer comparison
Eastern Newspapers Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Motive Microbenefit Foundation | ₹12.35 Lakh (FY 2024) | -2.0% | Pilibhit, Uttar Pradesh, India | |||
| Bharat Trade & Finance Private Limited | ₹12.35 Lakh (FY 2025) | -40.0% | Kolkata, West Bengal, India | |||
| Gambhir Hire Purchase Ltd | ₹12.32 Lakh (FY 2024) | -59.0% | Punjab, India | |||
| Hindocha Investments and Financial Services Private Limited | ₹12.3 Lakh (FY 2021) | 55.0% | Puducherry, India | |||
| Mayakka Nidhi Limited | ₹12.23 Lakh (FY 2023) | -33.0% | Gadhinglaj, Maharashtra, India | |||
| Eastern Newspapers Pvt. Ltd.this company | ₹12.13 Lakh (FY 2018) | ₹7.2 Lakh | 59.3% | 258.0% | Kolkata, West Bengal, India | |
| Jyoti Fabrics Pvt Ltd | ₹12.1 Lakh (FY 2020) | -12.0% | Kolkata, West Bengal, India | |||
| Trayambakeshwar Nidhi Limited | ₹12.08 Lakh (FY 2022) | 7.0% | Varanasi, Uttar Pradesh, India | |||
| Cgsbm Nidhi Limited | ₹12.04 Lakh (FY 2024) | 5.0% | Raipur, Chhattisgarh, India | |||
| Deepak Deposit and Advances Ltd | ₹11.98 Lakh (FY 2024) | -22.0% | Punjab, India | |||
| Northstar Dealcomm Private Limited | ₹11.97 Lakh (FY 2020) | 9478.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Eastern Newspapers Pvt. Ltd., buy the company report.
Auditor
Eastern Newspapers Pvt. Ltd. is audited by GEORGE READ & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GEORGE READ & CO | FY 2018 | 57393 |
Shareholding
The shareholding of Eastern Newspapers Pvt. Ltd. is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Eastern Newspapers Pvt. Ltd., buy the company report.
Legal cases
Eastern Newspapers Pvt. Ltd. has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by The Chola Investment Co . Ltd. | Disposed |
| High Court | Appeal | Filed against the company by Chora Investment Co. Ltd. and | Disposed |
To see the full case history of Eastern Newspapers Pvt. 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 Newspapers Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Eastern Newspapers Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Eastern Newspapers Pvt. Ltd. has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Gopal Das Bagri ceased to be Director on 24 Jul 2014.
Frequently asked questions
Eastern Newspapers 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 Newspapers was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 30 July 1991 and is registered under CIN U22121WB1991PTC052497. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Eastern Newspapers was incorporated on 30 July 1991. It is registered with the Registrar of Companies, Kolkata.
Eastern Newspapers had 2 directors:
- Rajesh Kumar Mall - Director
- Mahadev Mallick - Director
The CIN (Corporate Identification Number) of Eastern Newspapers is U22121WB1991PTC052497. 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 Newspapers is at Radhasagar Ground Floor 8 Moira Street, Kolkata, West Bengal, India – 700017.
The latest financial statements of Eastern Newspapers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 May 2018. Year-wise statements from 2015 are in the company report.
Eastern Newspapers operated in the financial services industry, in the financial activities segment.
The peers of Eastern Newspapers by revenue are Motive Microbenefit Foundation, Bharat Trade & Finance Private Limited, Gambhir Hire Purchase Ltd, Hindocha Investments and Financial Services Private Limited, Mayakka Nidhi Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Eastern Newspapers has 2 court cases on record: 2 filed against it.
Gopal Das Bagri ceased to be Director on 24 Jul 2014. Mahadev Mallick was appointed as Director on 07 Jul 2014. Salil Kumar Mukherjee ceased to be Director on 31 Aug 2009. Eastern Newspapers has 5 board changes on record in total.
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