Easyway Microcredit Foundation
About Easyway Microcredit Foundation
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Easyway Microcredit Foundation is a private not for profit company based in Nawalgarh, Rajasthan, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 29 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65999RJ2020NPL067984.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Manju and Mukesh Kumar.
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 Near New Indian Public School Laxmangarh Road, Nawalgarh, Rajasthan, India – 333042.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.89 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹933 (net margin -0.2%) and EBITDA of -₹933 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
Company details
Contact details
Easyway Microcredit Foundation's registered office is in Nawalgarh, Rajasthan.
- Registered AddressNear New Indian Public School Laxmangarh Road, Nawalgarh, Rajasthan, India – 333042
- IndustryFinancial Services, Other Financial Intermediation
- 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 Easyway Microcredit Foundation is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Easyway Microcredit Foundation, buy the company report.
Financials of Easyway Microcredit Foundation
FY 2024 filings availableEasyway Microcredit Foundation reported revenue of ₹3.89 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹933 | ||||
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| Net Profit (PAT) | -₹933 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Easyway Microcredit Foundation, buy the company report.
Board of directors of Easyway Microcredit Foundation
Easyway Microcredit Foundation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Also directs: Manisha Nidhi Limited | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
| Mukesh Kumar Also directs: Manisha Nidhi Limited | Director | 02 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Easyway Microcredit Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Badlaav India Foundation | ₹4.26 Lakh (FY 2025) | -76.0% | New Delhi, Delhi, India | |||
| Mostac Nidhi Limited | ₹4.23 Lakh (FY 2019) | 292.0% | Paramakudi, Tamil Nadu, India | |||
| Thiruvallur Thripurasundari Benefit Fund Limited | ₹4.16 Lakh (FY 2016) | -46.0% | Thiruvallur, Tamil Nadu, India | |||
| Kanchi Mahaperiyava Aanmiga Foundation | ₹4.15 Lakh (FY 2025) | 186.0% | Thoraipakkam, Tamil Nadu, India | |||
| Samriddh Bharat Chamber of Commerce and Industry | ₹4.03 Lakh (FY 2025) | 143.0% | Delhi, India | |||
| Easyway Microcredit Foundationthis company | ₹3.89 Lakh (FY 2024) | -₹933 | -0.2% | -19.0% | Nawalgarh, Rajasthan, India | |
| Arnav Vanijya Private Limited | ₹3.81 Lakh (FY 2025) | -92.0% | Kolkata, West Bengal, India | |||
| Tikota Chit Funds Private Limited | ₹3.81 Lakh (FY 2019) | -47.0% | Tikota, Karnataka, India | |||
| Smartbrew Solutions Private Limited | ₹3.79 Lakh (FY 2025) | 8.0% | Gurugram, Haryana, India | |||
| Nandanamani Chits Private Limited | ₹3.78 Lakh (FY 2024) | 5.0% | Kochi, Kerala, India | |||
| S R Holdings Private Limited | ₹3.73 Lakh (FY 2025) | 55.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Easyway Microcredit Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Easyway Microcredit Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Easyway Microcredit Foundation; 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 Easyway Microcredit Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Easyway Microcredit Foundation has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Asad Hussain ceased to be Director on 12 Mar 2020.
Frequently asked questions
Easyway Microcredit Foundation is an active private not for profit company based in Nawalgarh, Rajasthan, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 29 January 2020 (6+ years old) and is registered under CIN U65999RJ2020NPL067984.
Easyway Microcredit Foundation has 2 current directors:
- Manju - Director
- Mukesh Kumar - Director
The latest financial statements of Easyway Microcredit Foundation 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Easyway Microcredit Foundation is U65999RJ2020NPL067984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easyway Microcredit Foundation was incorporated on 29 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Easyway Microcredit Foundation by revenue are Badlaav India Foundation, Mostac Nidhi Limited, Thiruvallur Thripurasundari Benefit Fund Limited, Kanchi Mahaperiyava Aanmiga Foundation, Samriddh Bharat Chamber of Commerce and Industry and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Asad Hussain ceased to be Director on 12 Mar 2020. Karan Gupta ceased to be Director on 12 Mar 2020. Manju was appointed as Director on 02 Mar 2020. Easyway Microcredit Foundation has 4 board changes on record in total.
The registered office of Easyway Microcredit Foundation is at Near New Indian Public School Laxmangarh Road, Nawalgarh, Rajasthan, India – 333042.
Easyway Microcredit Foundation operates in the financial services industry, in the other financial intermediation segment.
Easyway Microcredit Foundation can be reached at its registered office: Near New Indian Public School Laxmangarh Road, Nawalgarh, Rajasthan, India – 333042.
Easyway Microcredit Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Jaipur.