About Emkay Commotrade Limited
Data last updated:
Emkay Commotrade Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 05 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51110MH2006PLC158675. Its GSTIN is 27AABCE5412E1Z3 (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹6.38 Cr. It is led by directors including Haresh Ganpat Mahadik (Whole-Time Director) and Devang Mahesh Desai.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Ruby 7th Floor Senapati Bapat Marg Dadar(W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.59 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹46.71 Lakh (net margin -29.4%) and EBITDA of -₹58.48 Lakh (EBITDA margin -36.9%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 26% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 87 cases involving the company, including 55 filed by the company and 6 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emkayglobal.com.
CIN History of Emkay Commotrade Limited
Emkay Commotrade has one previous CIN (Corporate Identification Number): U99999MH2006PLC158675. The current CIN is U51110MH2006PLC158675, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51110MH2006PLC158675 | Current |
| U99999MH2006PLC158675 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressThe Ruby 7th Floor Senapati Bapat Marg Dadar(W), Mumbai, Maharashtra, India – 400028
- IndustryFinancial Services, Brokerage & Trading Services
- 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
Business Activity of Emkay Commotrade Limited
The main business activity of Emkay Commotrade is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Emkay Commotrade Limited FY 2025 filings available
Emkay Commotrade Limited reported revenue of ₹1.59 Cr (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Emkay Commotrade Limited
Revenue fell 86% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 118% 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 Emkay Commotrade Limited
| 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 | -₹58.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹46.71 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 of Emkay Commotrade Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Emkay Commotrade are in the company report.
Financial statements from 2015
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.
Board of Directors of Emkay Commotrade Limited
Emkay Commotrade has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Mahesh Desai Also directs: Emkay Wealth Advisory Limited, Azalea Capital Partners LLP | Director | 24 Jan 2020 | 6 Years 8 Months | Current |
| Mangesh Madhukar Parab | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Haresh Ganpat Mahadik | Whole-Time Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Bharat Kumar Singh Also directs: Emkay Global Financial Services Limited, Emkay Fincap Limited, Emkay Investment Managers Limited and 2 more | Director | 03 Jun 2022 | 4 Years 4 Months | Current |
Peer Comparison of Emkay Commotrade Limited
Emkay Commotrade Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JPM Merchandise Agencies Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Cestrum Investment Broker Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Max Stock Broking Private Limited | ₹1.59 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Nadiad, Gujarat, India |
| Jubilee Insurance Broking Services Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Bangalore, Karnataka, India |
| Fair Brothers Realties Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Emkay Commotrade Limited this company | ₹1.59 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Mumbai, Maharashtra, India |
| Pan Securities Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Rahna Advisors Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Gouri Merchandise Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Trapu Investments Pvt Ltd | ₹1.58 Cr (FY 2023) | •••• | •••• | 80.0% | •••• | Mumbai, Maharashtra, India |
| Sohum Equity Private Limited | ₹1.58 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Emkay Commotrade by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Emkay Commotrade Limited
Emkay Commotrade Limited is audited by B L SARDA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B L SARDA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Emkay Commotrade Limited
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 Emkay Commotrade Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2025 | Axis Bank Limited | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Emkay Commotrade Limited
Emkay Commotrade Limited has 87 court cases on record: 55 filed by Emkay Commotrade, 6 filed against it, 26 where it is another party. 14 cases are pending and 73 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 3 | 2 |
| High courts | 43 | 3 | 12 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Food Products Private Limited | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against Bengani Food Products Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Bengani Food Products Private Limited | Disposed |
| Bombay High Court | Court case (CONP) | Filed by the company against Bengani Food Products Private Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Bengani Food Products Private Limited | Disposed |
Full case history
All 87 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Emkay Commotrade Limited
Emkay Commotrade Limited has a workforce of 1 employees as of Mar 29, 2024.
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.
Group Structure of Emkay Commotrade Limited
Emkay Commotrade has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Emkay Global Financial Services Limited | L67120MH1995PLC084899 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Emkay Commotrade Limited
Emkay Commotrade Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Haresh Ganpat Mahadik ceased to be Additional Director on 08 Aug 2023.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Emkay Commotrade Limited
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 Emkay Commotrade Limited
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 Emkay Commotrade Limited
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 Emkay Commotrade Limited
Emkay Commotrade has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE5412E1Z3 | Maharashtra | Active | 01 Jul 2017 |
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 Emkay Commotrade Limited
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.
Related news about Emkay Commotrade Limited
Frequently Asked Questions about Emkay Commotrade Limited
Emkay Commotrade is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 05 January 2006 (20+ years old) and is registered under CIN U51110MH2006PLC158675.
Emkay Commotrade reported revenue of ₹1.59 Cr for FY 2025 (down 86% YoY).
Emkay Commotrade has 4 current directors:
- Haresh Ganpat Mahadik - Whole-Time Director
- Devang Mahesh Desai - Director
- Mangesh Madhukar Parab - Director
- Bharat Kumar Singh - Director
Emkay Commotrade reported a net loss of ₹46.71 Lakh (net margin -29.4%) and EBITDA of -₹58.48 Lakh (EBITDA margin -36.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Emkay Commotrade is -72% over three years and 26% over five years. In the latest year (FY 2025) revenue fell 86%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Emkay Commotrade is 27AABCE5412E1Z3, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Emkay Commotrade is U51110MH2006PLC158675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emkay Commotrade has 87 court cases on record: 55 filed by the company and 6 filed against it. 14 are pending. Most are in the district courts.
Emkay Commotrade was incorporated on 05 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Emkay Commotrade by revenue are JPM Merchandise Agencies Limited, Cestrum Investment Broker Private Limited, Max Stock Broking Private Limited, Jubilee Insurance Broking Services Private Limited, Fair Brothers Realties Private Limited and 5 more, all in the BFSI industry (Broking Services).
Haresh Ganpat Mahadik ceased to be Additional Director on 08 Aug 2023. Mangesh Madhukar Parab ceased to be Additional Director on 08 Aug 2023. Haresh Ganpat Mahadik was appointed as Whole-Time Director on 20 Jun 2023. Emkay Commotrade has 15 board changes on record in total.