Eqx Analytics Private Limited

Eqx Analytics Private Limited - internet in Delhi, India. FY 2026 financials & compliance.
CIN U67190DL2016PTC290928 Incorporated 10 February 2016 ROC Delhi HQ Delhi, India
Active Private Limited Company internet MSME
Data last updated
Revenue · FY 2025
₹47.41 Cr
▼ 59% YoY
Net loss · FY 2025
₹52.12 Cr
Net margin -109.9%
EBITDA · FY 2025
-₹42.2 Cr
EBITDA margin -89%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹33.18 Cr
Issued & subscribed
Open charges
₹50 Cr
Satisfied ₹49.2 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
81
Provident fund records

About Eqx Analytics Private Limited

Data last updated:

Eqx Analytics Private Limited is a private limited company based in Delhi, India, a subsidiary of Morus Technologies Pte. Ltd.. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 10 February 2016 and has been in existence for over 10 years.

Its director Tushar Aggarwal and family are #763 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2016PTC290928. Its GSTIN is 07AAECE1934E1ZZ (Delhi). The company holds 6 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹33.18 Cr. It was formerly known as Eqx Internet Capital Advisors Private Limited. It is led by directors including Satish Chandra Sinha and Tushar Aggarwal.

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 60 Second Floor Arjun Nagar Kotla Mubarakpur, New Delhi, Delhi, India – 110003.

As per the financials filed for FY 2025, the company reported a revenue of ₹47.41 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹52.12 Cr (net margin -109.9%) and EBITDA of -₹42.2 Cr (EBITDA margin -89%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 23% over five years.

The company has about 81 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: StashFin and Stashfin. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹49.2 Cr on record. Court records list 855 cases involving the company, including 849 filed by the company and 6 filed against it; 735 cases are pending. The company has 9 deals on record (3 convertible or debt financings, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹44.62 Cr; the latest was in May 2023. Its 4 peer companies in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is National Scheduled Tribes Finance and Development Corporation Co U S 25 with revenue of ₹48.46 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers.

Eqx Analytics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-03-0016739). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stashfin.com.

Company details

CIN U67190DL2016PTC290928
Registration Number 290928
Incorporation Date 10 February 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Morus Technologies Pte. Ltd.
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DL-03-0016739
Key People
Satish Chandra Sinha Director Tushar Aggarwal Director Shruti Aggarwal Director

Recognitions & Rankings of Eqx Analytics

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-DL-03-0016739

Contact details

Eqx Analytics Private Limited's registered office is in Delhi, Delhi. Its website is stashfin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    stashfin.com
  • Social Media
  • Apps
  • Registered Address
    60 Second Floor Arjun Nagar Kotla Mubarakpur, New Delhi, Delhi, India – 110003
  • Industry
    Internet, Online Financial Services

To see the full contact details of Eqx Analytics Private Limited, buy the company report.

Comprehensive company report
Eqx Analytics Private Limited - one report that includes everything
  • 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
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Brands

Eqx Analytics operates two associated brands: StashFin and Stashfin. Each brand links to its own profile.

BrandDescriptionWebsite
StashFin
Provides an online platform for personal loans to consumers.stashfinance.online
Stashfin
Digital lending and instant credit lines are provided to individuals.stashfin.com

Business activity

The main business activity of Eqx Analytics is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Eqx Analytics Private Limited, buy the company report.

Financials of Eqx Analytics Private Limited

FY 2025 filings available

Eqx Analytics Private Limited reported revenue of ₹47.41 Cr (down 59% YoY) for FY 2025.

Revenue · FY 2025
₹47.41 Cr ▼ 59%
Net loss · FY 2025
₹52.12 Cr margin -109.9%
EBITDA · FY 2025
-₹42.2 Cr margin -89%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 24%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 52%
5 years · compounded
▼ 50%

Revenue fell 59% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 32% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹42.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹52.12 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-89%
Net Profit Margin-109.9%
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 Eqx Analytics Private Limited, buy the company report.

Board of directors of Eqx Analytics Private Limited

Eqx Analytics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satish Chandra Sinha
Also directs: Avonmore Capital & Management Services Limited, Almondz Finanz Limited, Prayatna Microfinance Limited and 3 more
Director06 Sep 20224 Years 2 MonthsCurrent
Tushar Aggarwal
Also directs: Titanium Fortune Financial Services Private Limited, Akara Capital Advisors Private Limited
Director10 Feb 201610 Years 8 MonthsCurrent
Shruti Aggarwal
Also directs: Akara Capital Advisors Private Limited, Drupe Finance Ifsc Private Limited
Director10 Feb 201610 Years 8 MonthsCurrent
View all directors

Peer comparison

Eqx Analytics Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
National Scheduled Tribes Finance and Development Corporation Co U S 25₹48.46 Cr (FY 2024)9.0%New Delhi, Delhi, India
Kifs Housing Finance Limited₹48.36 Cr (FY 2020)128.0%Ahmedabad, Gujarat, India
Eqx Analytics Private Limitedthis company₹47.41 Cr (FY 2025)-₹52.12 Cr-109.9%-59.0%81Delhi, India
Amica Finance Private Limited₹46.86 Cr (FY 2025)196.0%Mumbai, Maharashtra, India
Progressive Star Finance Private Limited₹45.8 Cr (FY 2025)76.0%Kolkata, West Bengal, India

To see the full peer comparison of Eqx Analytics Private Limited, buy the company report.

Auditor

Eqx Analytics Private Limited is audited by Suri & Sudhir for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Suri & SudhirFY 2023000601N

Shareholding

The shareholding of Eqx Analytics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Eqx Analytics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50 Cr
Satisfied charges
₹49.2 Cr
Breakdown by lending institutions
Indian Overseas Bank₹50.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 May 2025101106644Indian Overseas Bank₹35 CrOpen
24 Sep 2024100988066Indian Overseas Bank₹15 CrOpen
31 Jul 2024100965653Others₹20 CrSatisfied
28 Jul 2023100763365Others₹25 CrSatisfied
02 Dec 2019100312235Others₹4.2 CrSatisfied

To see the full charge records of Eqx Analytics Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Eqx Analytics Private Limited has 9 deals on record (3 convertible or debt financings, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹44.62 Cr; the latest was in May 2023.

Total deals
9
Convertible or debt financings
3
Rights issues
3
Secondary share transfers
2
Debt financing
1
Disclosed funding
₹44.62 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2020Secondary share transferUndisclosedBuyer: Morus Technologies Pte Limited
Seller: Analog Capital, Positive Moves Consulting Pte Ltd
Dec 2018Rights issue₹34.34 CrInvestors: Morus Technologies Pte Limited
Oct 2018Rights issue₹3 CrInvestors: Morus Technologies Pte Limited
Jan 2018Rights issue₹8.99 CrInvestors: Morus Technologies Pte Limited
Mar 2017Secondary share transferUndisclosedBuyer: Morus Technologies Pte Limited
Seller: 2 individuals

To see the full deal history of Eqx Analytics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Eqx Analytics Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Card Expertise India Private Limited
Credilio Financial Technologies Private Limited
an individual supplier

To see the full MSME payment records of Eqx Analytics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Eqx Analytics Private Limited has a workforce of 81 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
81
Active EPFO establishments
1
Employee growth
-43.75%

GST

Eqx Analytics has 6 GST registrations: 2 active and 4 cancelled or inactive.

Total GSTINs
6
Active
2
Cancelled / inactive
4
GSTINStateStatusRegistered on
07AAECE1934E1ZZDelhiActive01 Jul 2017
06AAECE1934E1Z1HaryanaActive25 May 2024

To see the full GST registrations and return filing status of Eqx Analytics Private Limited, buy the company report.

Recent activity

Eqx Analytics Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Srinivas Emany ceased to be CFO on 30 Sep 2024.

AGM
Eqx Analytics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 31 Jul 2024 via Charge ID 100965653 with Others was fully satisfied on 26 Aug 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 35.00 Cr with Charge ID 101106644 was registered on 23 May 2025.
Filing
Eqx Analytics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Srinivas Emany ceased to be CFO.
Charges
A charge with Indian Overseas Bank amounted to Rs. 15.00 Cr with Charge ID 100988066 was registered on 24 Sep 2024.
Charges
A charge registered on 28 Jul 2023 via Charge ID 100763365 with Others was fully satisfied on 11 Sep 2024.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100965653 was registered on 31 Jul 2024.
Ceased
Parikshit Prakash Chitalkar ceased to be Director.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100763365 was registered on 28 Jul 2023.
Ceased
Satish Chandra Sinha ceased to be Additional Director.
Appointed
Satish Chandra Sinha was appointed as Director.

5 earlier events are in the company report.

News

Frequently asked questions

Eqx Analytics is an active private limited company based in Delhi, India. The company works in online financial services, within the internet industry. It was incorporated on 10 February 2016 (10+ years old) and is registered under CIN U67190DL2016PTC290928.

Eqx Analytics has 3 current directors:

The latest financial statements of Eqx Analytics 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 FY 2016 are in the company report.

The GSTIN of Eqx Analytics is 07AAECE1934E1ZZ, registered in Delhi. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAECE1934E1Z1 (Haryana).

The CIN (Corporate Identification Number) of Eqx Analytics is U67190DL2016PTC290928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Eqx Analytics has 855 court cases on record: 849 filed by the company and 6 filed against it. 735 are pending. Most are in the district courts.

Eqx Analytics was incorporated on 10 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

Eqx Analytics has 9 deals on record (3 convertible or debt financings, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹44.62 Cr; the latest was in May 2023.

The peers of Eqx Analytics by revenue are National Scheduled Tribes Finance and Development Corporation Co U S 25, Kifs Housing Finance Limited, Amica Finance Private Limited, Progressive Star Finance Private Limited, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).

Srinivas Emany ceased to be CFO on 30 Sep 2024. Parikshit Prakash Chitalkar ceased to be Director on 21 Nov 2023. Satish Chandra Sinha ceased to be Additional Director on 29 Sep 2022. Eqx Analytics has 6 board changes on record in total.

Yes, Eqx Analytics is registered as an MSME under Udyam registration (number: UDYAM-DL-03-0016739).

Eqx Analytics has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 31 Aug 2023.