Efficient Commosales Private Limited
About Efficient Commosales Private Limited
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Efficient Commosales Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 12 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52390WB2010PTC143366. Its GSTIN is 19AACCE3596Q1ZT (West Bengal).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Nitesh Kumar Sirsalewala and Binod Kumar Mantri.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No. 1G 541A Rabindra Sarani, Kolkata, West Bengal, India – 700003.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.98 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Lakh (net margin -0.8%) and EBITDA of ₹1.56 Lakh (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 19% over five years.
Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Efficient Commosales Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 1G 541A Rabindra Sarani, Kolkata, West Bengal, India – 700003
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Efficient Commosales Private Limited, 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 Efficient Commosales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Efficient Commosales Private Limited, buy the company report.
Financials of Efficient Commosales Private Limited
FY 2020 filings availableEfficient Commosales Private Limited reported revenue of ₹2.98 Cr (down 79% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 79% fall in the latest year. EBITDA rose 537% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.56 Lakh | ||||
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| Net Profit (PAT) | -₹2.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Efficient Commosales Private Limited, buy the company report.
Board of directors of Efficient Commosales Private Limited
Efficient Commosales has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Kumar Sirsalewala | Director | 03 Mar 2011 | 15 Years 7 Months | Current |
| Binod Kumar Mantri | Director | 04 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Efficient Commosales Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enviro Ecoplast Private Limited | ₹2.99 Cr (FY 2023) | -9.0% | Chennai, Tamil Nadu, India | |||
| Efficient Commosales Private Limitedthis company | ₹2.98 Cr (FY 2020) | -₹2.53 Lakh | -0.8% | -79.0% | Kolkata, West Bengal, India | |
| G K N Resources India Private Limited | ₹2.97 Cr (FY 2024) | 60.0% | Gandhidham, Gujarat, India | |||
| Ocean Stones Private Limited | ₹2.95 Cr (FY 2024) | 3.0% | Raipur, Chhattisgarh, India | |||
| Star Asian Commodities Private Limited | ₹2.94 Cr (FY 2025) | -38.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Efficient Commosales Private Limited, buy the company report.
Auditor
Efficient Commosales Private Limited is audited by M K V ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K V ASSOCIATES | FY 2017 |
Shareholding
The shareholding of Efficient Commosales Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Efficient Commosales Private Limited, buy the company report.
Legal cases
Efficient Commosales Private Limited has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Delight Solutions Pvt.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Delight Solutions Pvt.Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Efficient Commosales Private Limited, 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 Efficient Commosales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Efficient Commosales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCE3596Q1ZT | West Bengal | Active | 15 Jul 2017 |
To see the full GST registrations and return filing status of Efficient Commosales Private Limited, buy the company report.
Recent activity
Efficient Commosales Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Puja Sirsalewala ceased to be Director on 06 Dec 2018.
Frequently asked questions
Efficient Commosales is an active private limited company based in Kolkata, West Bengal, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 March 2010 (16+ years old) and is registered under CIN U52390WB2010PTC143366.
Efficient Commosales has 2 current directors:
- Nitesh Kumar Sirsalewala - Director
- Binod Kumar Mantri - Director
The latest financial statements of Efficient Commosales on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Efficient Commosales is 19AACCE3596Q1ZT, registered in West Bengal.
The CIN (Corporate Identification Number) of Efficient Commosales is U52390WB2010PTC143366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Efficient Commosales has 7 court cases on record: 7 filed against it. 3 are pending.
Efficient Commosales was incorporated on 12 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Efficient Commosales by revenue are Enviro Ecoplast Private Limited, G K N Resources India Private Limited, Ocean Stones Private Limited, Star Asian Commodities Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Puja Sirsalewala ceased to be Director on 06 Dec 2018. Binod Kumar Mantri was appointed as Director on 04 Dec 2018. Umesh Kumar Dhanuka ceased to be Director on 01 Sep 2016. Efficient Commosales has 7 board changes on record in total.
The registered office of Efficient Commosales is at Flat No. 1G 541A Rabindra Sarani, Kolkata, West Bengal, India – 700003.
Efficient Commosales operates in the metals and minerals industry, in the materials retail and distribution segment.