Embark Commerce LLP
About Embark Commerce LLP
Data last updated:
Embark Commerce LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 June 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAJ-7956.
The LLP has a total obligation of contribution of ₹9 Lakh. It is led by designated partners including Ambratlal Bhagwandas Nirankari and Amit Ambratlal Nirankari.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 18th Floor 1803 Lodha Codename No 1 One Lodha Palace Senapati Bapat Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.03 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.99 Lakh (net margin 6.8%) and EBITDA of ₹5.63 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 25% over five years.
As per MCA filings, the LLP has open charges of ₹15.07 Cr and satisfied charges of ₹15.99 Cr on record.
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- Registered Address18th Floor 1803 Lodha Codename No 1 One Lodha Palace Senapati Bapat Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
- 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 Embark Commerce LLP FY 2025 filings available
Embark Commerce LLP reported revenue of ₹1.03 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Embark Commerce LLP
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 9% fall in the latest year. EBITDA fell 93% 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 Embark Commerce LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹6.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Embark Commerce LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 6.8% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Embark Commerce are in the company report.
Financial statements from FY 2018
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.
Designated Partners of Embark Commerce LLP
Embark Commerce has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambratlal Bhagwandas Nirankari | Designated Partner | 24 Jun 2017 | 9 Years 3 Months | Current |
| Amit Ambratlal Nirankari Also directs: A.I Commerce India LLP, Machem India Private Limited, AI Shipping Lines Private Limited and 1 more | Designated Partner | 24 Jun 2017 | 9 Years 3 Months | Current |
| Sunita Ambratlal Nirankari | Designated Partner | 21 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Embark Commerce LLP
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 Embark Commerce LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2025 | Icici Bank Limited | ₹45 Lakh | Open |
| 30 Sep 2023 | Rbl Bank Limited | ₹9.25 Cr | Open |
| 29 Dec 2022 | Icici Bank Limited | ₹5.37 Cr | Open |
| 16 Sep 2021 | Indusind Bank Ltd | ₹8.5 Cr | Satisfied |
| 31 Dec 2018 | Aditya Birla Finance Limited | ₹7.49 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Embark Commerce LLP
Employment history and EPFO contributions of people linked to Embark Commerce.
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.
Recent Activity on Embark Commerce LLP
Embark Commerce LLP has 3 designated partner changes on record since 2017: 3 appointments. The latest: Sunita Ambratlal Nirankari was appointed as Designated Partner on 21 Nov 2018.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Embark Commerce LLP
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 Embark Commerce LLP
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 Embark Commerce LLP
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 Embark Commerce LLP
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 Embark Commerce LLP
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 Embark Commerce LLP
Embark Commerce is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate financing, within the financial services industry. It was incorporated on 24 June 2017 (9+ years old) and is registered under LLPIN AAJ-7956.
Embark Commerce reported revenue of ₹1.03 Cr for FY 2023 (down 9% YoY).
Embark Commerce has 3 current designated partners:
- Ambratlal Bhagwandas Nirankari - Designated Partner
- Amit Ambratlal Nirankari - Designated Partner
- Sunita Ambratlal Nirankari - Designated Partner
Embark Commerce reported a net profit of ₹6.99 Lakh (net margin 6.8%) and EBITDA of ₹5.63 Lakh (EBITDA margin 5.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Embark Commerce is -2% over three years and -25% over five years. In the latest year (FY 2023) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Embark Commerce is AAJ-7956. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Embark Commerce was incorporated on 24 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunita Ambratlal Nirankari was appointed as Designated Partner on 21 Nov 2018. Ambratlal Bhagwandas Nirankari was appointed as Designated Partner on 24 Jun 2017. Amit Ambratlal Nirankari was appointed as Designated Partner on 24 Jun 2017.
The registered office of Embark Commerce is at 18th Floor 1803 Lodha Codename No 1 One Lodha Palace Senapati Bapat Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013.
The total obligation of contribution is ₹9 Lakh.