Everest Gold Loans Private Limited
About Everest Gold Loans Private Limited
Data last updated:
Everest Gold Loans Private Limited was a private limited company based in Erode, Tamil Nadu, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 26 April 2012.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65929TZ2012PTC018177.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was led by directors including Saravanan Rajendran (Whole-Time Director) and Ramlulla Hanilkumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at D.No.12 Periyar Nagar, Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.07 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 16.5%) and EBITDA of ₹3.04 Lakh (EBITDA margin 27.4%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 33% over five years.
The company was associated with 1 brand: Everest Gold Loans.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressD.No.12 Periyar Nagar, Erode, Tamil Nadu, India – 638001
- IndustryFinancial Services, Diversified Financial 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
Financials of Everest Gold Loans Private Limited FY 2022 filings available
Everest Gold Loans Private Limited reported revenue of ₹11.07 Lakh (down 71% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Everest Gold Loans Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 71% fall in the latest year. EBITDA rose 39% 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 Everest Gold Loans Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.07 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.83 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 Everest Gold Loans Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.5% | •••• | •••• | •••• | •••• |
| 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 Everest Gold Loans 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.
Peer Comparison of Everest Gold Loans Private Limited
Everest Gold Loans Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products, Other Financial 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 |
|---|---|---|---|---|---|---|
| Id Finserv Private Limited | ₹11.09 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Miljul Investrade Private Limited | ₹11.08 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Shree Kankaria Tea and Finance Company Limited | ₹11.08 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | Indore, Madhya Pradesh, India |
| Alina Capital Solution Private Limited | ₹11.07 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| Son Cherry Impex Pvt Ltd | ₹11.07 Lakh (FY 2023) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Everest Gold Loans Private Limited this company | ₹11.07 Lakh (FY 2022) | •••• | •••• | -71.0% | •••• | Erode, Tamil Nadu, India |
| Nandpur Milk Producer Company Limited | ₹11.06 Lakh (FY 2021) | •••• | •••• | -17.0% | •••• | Jammu, Jammu and Kashmir, India |
| Nahargarh Properties Private Limited | ₹11.06 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Mohan Global Financial Services Limited | ₹11.06 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Viinome Advisors Private Limited | ₹11.06 Lakh (FY 2020) | •••• | •••• | 46.0% | •••• | Delhi, India |
| Maskin Micro Finance India Private Limited | ₹11.06 Lakh (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Everest Gold Loans by revenue in the Food and Beverages industry (Milk and Dairy Products, Other Financial 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 Everest Gold Loans Private Limited
Everest Gold Loans Private Limited is audited by S.DEEPAK for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.DEEPAK | 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.
Board of Directors of Everest Gold Loans Private Limited
Everest Gold Loans has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravanan Rajendran | Whole-Time Director | 25 Aug 2016 | 10 Years 1 Months | As last reported |
| Ramlulla Hanilkumar | Director | 10 Aug 2022 | 4 Years 2 Months | As last reported |
| Vasudevan Gopu | Irp/Rp/Liquidator | 03 Jul 2023 | 3 Years 3 Months | As last reported |
Ownership and Shareholding of Everest Gold Loans Private 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 Everest Gold Loans Private Limited
Everest Gold Loans Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Everest Gold Loans Private Limited
Everest Gold Loans operates one associated brand: Everest Gold Loans. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides consumer loans to individuals. | everestgoldloans.com |
Employees and EPFO Compliance at Everest Gold Loans Private Limited
Employment history and EPFO contributions of people linked to Everest Gold Loans.
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 Everest Gold Loans Private Limited
Everest Gold Loans Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 03 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Everest Gold Loans Private 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 Everest Gold Loans Private 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 Everest Gold Loans Private 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 Everest Gold Loans Private Limited
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 Everest Gold Loans Private 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.
Frequently Asked Questions about Everest Gold Loans Private Limited
Everest Gold Loans has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Everest Gold Loans was a private limited company based in Erode, Tamil Nadu, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 26 April 2012 and is registered under CIN U65929TZ2012PTC018177. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Everest Gold Loans was incorporated on 26 April 2012. It is registered with the Registrar of Companies, Coimbatore.
Everest Gold Loans had 3 directors:
- Saravanan Rajendran - Whole-Time Director
- Ramlulla Hanilkumar - Director
- Vasudevan Gopu - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Everest Gold Loans is U65929TZ2012PTC018177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Everest Gold Loans is at D.No.12 Periyar Nagar, Erode, Tamil Nadu, India – 638001.
Everest Gold Loans reported revenue of ₹11.07 Lakh for FY 2022 (down 71% YoY).
Everest Gold Loans has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr.
Everest Gold Loans reported a net profit of ₹1.83 Lakh (net margin 16.5%) and EBITDA of ₹3.04 Lakh (EBITDA margin 27.4%) for FY 2022, as per its filed financial statements.
Everest Gold Loans operated in the financial services industry, in the diversified financial services segment.
The compounded annual growth rate (CAGR) of the revenue of Everest Gold Loans is -52% over three years and -33% over five years. In the latest year (FY 2022) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.