Figaro Associates Private Limited
About Figaro Associates Private Limited
Data last updated:
Figaro Associates Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U70101RJ1994PTC008534.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nirmal Kumar Patni and Abhinav Jain.
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 7 Jha – 27 Jawahar Nagar, Jaipur, Rajasthan, India – 302004.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.7 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Lakh (net margin 47.2%) and EBITDA of ₹1.92 Lakh (EBITDA margin 52%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Figaro Associates Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 Jha – 27 Jawahar Nagar, Jaipur, Rajasthan, India – 302004
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Figaro Associates Private Limited, 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
Financials of Figaro Associates Private Limited
FY 2025 filings availableFigaro Associates Private Limited reported revenue of ₹3.7 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 174% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.92 Lakh | ||||
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| Net Profit (PAT) | ₹1.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 52% | ||||
| Net Profit Margin | 47.2% | ||||
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To see the full financial statements and ratios of Figaro Associates Private Limited, buy the company report.
Board of directors of Figaro Associates Private Limited
Figaro Associates has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Patni | Director | 05 Jul 1994 | 32 Years 3 Months | Current |
| Abhinav Jain Also directs: Beacon Analytics Private Limited | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Rashmi Patni | Director | 05 Jul 1994 | 32 Years 3 Months | Current |
Peer comparison
Figaro Associates Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Velocity Autolinks Private Limited | ₹3.71 Lakh (FY 2025) | 2.0% | Chandigarh, India | |||
| Mahalaxmi Abasan Private Limited | ₹3.71 Lakh (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Mona Kreations Private Limited | ₹3.7 Lakh (FY 2025) | 9.0% | Delhi, India | |||
| Yugal Packagings Private Limited | ₹3.7 Lakh (FY 2024) | 20.0% | Delhi, India | |||
| Shreeganesh Commercial Realestate Private Limited | ₹3.7 Lakh (FY 2025) | 61.0% | Chandigarh, India | |||
| Figaro Associates Private Limitedthis company | ₹3.7 Lakh (FY 2024) | ₹1.75 Lakh | 47.2% | -4.0% | Jaipur, Rajasthan, India | |
| Sunbird Realty Private Limited | ₹3.69 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Sambhav Conductors Pvt Ltd | ₹3.68 Lakh (FY 2021) | -1.0% | Ajmer, Rajasthan, India | |||
| Shankar Realty Private Limited | ₹3.68 Lakh (FY 2025) | -81.0% | Mumbai, Maharashtra, India | |||
| Dharaa Horti - Exports Private Limited | ₹3.67 Lakh (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Square Root Infraprojects Private Limited | ₹3.67 Lakh (FY 2024) | -94.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Figaro Associates Private Limited, buy the company report.
Auditor
Figaro Associates Private Limited is audited by SURENDRA GUPTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA GUPTA & ASSOCIATES | FY 2020 | 005248C |
Shareholding
The shareholding of Figaro Associates Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Figaro Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Figaro Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Figaro Associates Private Limited; 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 Figaro Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Figaro Associates Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Abhinav Jain ceased to be Additional Director on 10 Sep 2022.
Frequently asked questions
Figaro Associates is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 July 1994 (32+ years old) and is registered under CIN U70101RJ1994PTC008534.
Figaro Associates has 3 current directors:
- Nirmal Kumar Patni - Director
- Abhinav Jain - Director
- Rashmi Patni - Director
The latest financial statements of Figaro Associates 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 Figaro Associates is U70101RJ1994PTC008534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Figaro Associates was incorporated on 05 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Figaro Associates by revenue are Velocity Autolinks Private Limited, Mahalaxmi Abasan Private Limited, Mona Kreations Private Limited, Yugal Packagings Private Limited, Shreeganesh Commercial Realestate Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Abhinav Jain ceased to be Additional Director on 10 Sep 2022. Abhinav Jain was appointed as Director on 02 Sep 2022. Nirmal Kumar Patni was appointed as Director on 05 Jul 1994. Figaro Associates has 4 board changes on record in total.
The registered office of Figaro Associates is at 7 Jha – 27 Jawahar Nagar, Jaipur, Rajasthan, India – 302004.
Figaro Associates operates in the financial services industry, in the real estate financing segment.
The compliance status of Figaro Associates is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Figaro Associates can be reached at its registered office: 7 Jha – 27 Jawahar Nagar, Jaipur, Rajasthan, India – 302004.
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