
Emar Fiscal Services Pvt Ltd
About Emar Fiscal Services Pvt Ltd
Data last updated:
Emar Fiscal Services Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 03 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65910WB1990PTC049542.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.6 Cr. It is led by directors including Satyanarayan Jhanwar (Managing Director) and Kedar Mall Jhanwar.
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 157 Rabindra Sarani 3rd Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.53 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 7.3%) and EBITDA of ₹6.19 Lakh (EBITDA margin 26.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Emar Fiscal Services has one previous CIN (Corporate Identification Number): U99999WB1990PTC049542. The current CIN is U65910WB1990PTC049542, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910WB1990PTC049542 | Current |
| U99999WB1990PTC049542 | Previous |
Contact details
Emar Fiscal Services 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 Address157 Rabindra Sarani 3rd Floor, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Emar Fiscal Services 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 Emar Fiscal Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Emar Fiscal Services Pvt Ltd, buy the company report.
Financials of Emar Fiscal Services Pvt Ltd
FY 2025 filings availableEmar Fiscal Services Pvt Ltd reported revenue of ₹23.53 Lakh (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 18% fall in the latest year. EBITDA fell 40% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.73 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.3% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 Emar Fiscal Services Pvt Ltd, buy the company report.
Board of directors of Emar Fiscal Services Pvt Ltd
Emar Fiscal Services has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayan Jhanwar | Managing Director | 09 Jul 2013 | 13 Years 4 Months | Current |
| Kedar Mall Jhanwar Also directs: Paramjyoti Infrastructure Private Limited | Director | 31 Aug 1999 | 27 Years 2 Months | Current |
| Ankur Aggarwal | Director | 08 Dec 2025 | 0 Years 11 Months | Current |
| Alok Jhawar Also directs: Paramjyoti Infrastructure Private Limited | Director | 30 Aug 2001 | 25 Years 2 Months | Current |
| Sangram Singh Shekhawat | Director | 08 Dec 2025 | 0 Years 11 Months | Current |
| Sujata Agarwal | Director | 08 Dec 2025 | 0 Years 11 Months | Current |
Peer comparison
Emar Fiscal Services Pvt Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intercontinental Trading and Investment Company Limited | ₹23.66 Lakh (FY 2022) | -48.0% | Delhi, India | |||
| Pratham Projects and Finlease Limited | ₹23.65 Lakh (FY 2024) | 247.0% | Delhi, India | |||
| Sputnik Finlease and Portfolio Private Limited | ₹23.59 Lakh (FY 2025) | -3.0% | Delhi, India | |||
| Emar Fiscal Services Pvt Ltdthis company | ₹23.53 Lakh (FY 2025) | ₹1.73 Lakh | 7.3% | -18.0% | Kolkata, West Bengal, India | |
| Kwality Credit & Leasing Ltd | ₹23.51 Lakh (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Shri Mahasati Investments Ltd. | ₹23.5 Lakh (FY 2020) | -4.0% | Kolkata, West Bengal, India | |||
| Marsh Capital Services Private Limited | ₹23.5 Lakh (FY 2025) | 22.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Emar Fiscal Services Pvt Ltd, buy the company report.
Auditor
Emar Fiscal Services Pvt Ltd is audited by Singhi & Singhi for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Singhi | FY 2024 | 326707E |
Shareholding
The shareholding of Emar Fiscal Services Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Emar Fiscal Services Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2026 | 101277236 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Emar Fiscal Services Pvt Ltd has 2 court cases on record: 2 filed by Emar Fiscal Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Emar Fiscal Services 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 Emar Fiscal Services 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 Emar Fiscal Services Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Emar Fiscal Services Pvt Ltd has 6 board changes on record since 1999: 6 appointments. The latest: Ankur Aggarwal was appointed as Director on 08 Dec 2025.
Frequently asked questions
Emar Fiscal Services is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 03 August 1990 (36+ years old) and is registered under CIN U65910WB1990PTC049542.
Emar Fiscal Services has 6 current directors:
- Satyanarayan Jhanwar - Managing Director
- Kedar Mall Jhanwar - Director
- Ankur Aggarwal - Director
- Alok Jhawar - Director
- Sangram Singh Shekhawat - Director
- Sujata Agarwal - Director
The latest financial statements of Emar Fiscal Services 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 CIN (Corporate Identification Number) of Emar Fiscal Services is U65910WB1990PTC049542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emar Fiscal Services has 2 court cases on record: 2 filed by the company.
Emar Fiscal Services was incorporated on 03 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Emar Fiscal Services by revenue are Intercontinental Trading and Investment Company Limited, Pratham Projects and Finlease Limited, Sputnik Finlease and Portfolio Private Limited, Kwality Credit & Leasing Ltd, Shri Mahasati Investments Ltd. and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ankur Aggarwal was appointed as Director on 08 Dec 2025. Sangram Singh Shekhawat was appointed as Director on 08 Dec 2025. Sujata Agarwal was appointed as Director on 08 Dec 2025. Emar Fiscal Services has 6 board changes on record in total.
The registered office of Emar Fiscal Services is at 157 Rabindra Sarani 3rd Floor, Kolkata, West Bengal, India – 700007.
Emar Fiscal Services operates in the financial services industry, in the nbfc segment.
Emar Fiscal Services has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.

