Goyal Advances Private Limited
About Goyal Advances Private Limited
Data last updated:
Goyal Advances Private Limited is a private limited company based in Punjab, India, a subsidiary of Nitesh Automobiles Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1995PTC017402.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Ranju Goyal and Dharam Pal Goyal.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajpura Roadnear Bus Stand Patiala, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.06 Lakh. For the same year it recorded a net profit of ₹62,256 (net margin 15.4%) and EBITDA of ₹84,129 (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRajpura Roadnear Bus Stand Patiala, Punjab, India
- 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
Business Activity of Goyal Advances Private Limited
The main business activity of Goyal Advances is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing 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 Goyal Advances Private Limited FY 2025 filings available
Goyal Advances Private Limited reported revenue of ₹4.06 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Goyal Advances Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years. EBITDA rose 2% 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 Goyal Advances Private 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 | ₹84,129 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹62,256 | •••• | •••• | •••• | •••• |
| 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 Goyal Advances Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.4% | •••• | •••• | •••• | •••• |
| 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 Goyal Advances 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 Goyal Advances Private Limited
Goyal Advances has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranju Goyal | Director | 08 Dec 1995 | 30 Years 10 Months | Current |
| Dharam Pal Goyal Also directs: D P Goyal Automobiles Private Limited | Director | 18 Dec 1995 | 30 Years 10 Months | Current |
Peer Comparison of Goyal Advances Private Limited
Goyal Advances Private Limited is compared with the companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Upadan Commodities Private Limited | ₹4.06 Lakh (FY 2016) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Bajrangbali Commodeal Private Limited | ₹4.06 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Kolkata, West Bengal, India |
| Dungarwal Commercial Private Limited | ₹4.06 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Revaveda Advisors Private Limited | ₹4.06 Lakh (FY 2023) | •••• | •••• | -88.0% | •••• | Jaipur, Rajasthan, India |
| Dipshikha Samajik Unnayan Nidhi Limited | ₹4.06 Lakh (FY 2025) | •••• | •••• | 97.0% | •••• | Kolkata, West Bengal, India |
| Goyal Advances Private Limited this company | ₹4.06 Lakh (FY 2025) | •••• | •••• | •••• | Punjab, India | |
| Irc Worldwide Couriers Ltd | ₹4.05 Lakh (FY 2025) | •••• | •••• | 170.0% | •••• | New Delhi, Delhi, India |
| Vap Agricultural Products (Bombay) Pvt Ltd | ₹4.05 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Kanoi Developments Ltd | ₹4.05 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Sja Nidhi Limited | ₹4.05 Lakh (FY 2021) | •••• | •••• | 273.0% | •••• | Sitapur, Uttar Pradesh, India |
| Harak Chand Investments Limited | ₹4.04 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Goyal Advances by revenue in the BFSI industry (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 Goyal Advances Private Limited
Goyal Advances Private Limited is audited by JINDAL ANIL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JINDAL ANIL & 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 Goyal Advances 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 Goyal Advances Private Limited
Goyal Advances Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Goyal Advances Private Limited
Employment history and EPFO contributions of people linked to Goyal Advances.
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 Goyal Advances Private Limited
Goyal Advances Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Dharam Pal Goyal was appointed as Director on 18 Dec 1995.
Credit Ratings, Litigation & Regulatory Alerts for Goyal Advances 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 Goyal Advances 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 Goyal Advances 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 Goyal Advances 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 Goyal Advances 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 Goyal Advances Private Limited
Goyal Advances is an active private limited company based in Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 December 1995 (31+ years old) and is registered under CIN U65921PB1995PTC017402.
Goyal Advances reported revenue of ₹4.06 Lakh for FY 2025.
Goyal Advances has 2 current directors:
- Ranju Goyal - Director
- Dharam Pal Goyal - Director
Goyal Advances reported a net profit of ₹62,256 (net margin 15.4%) and EBITDA of ₹84,129 (EBITDA margin 20.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Goyal Advances is 2% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Goyal Advances is U65921PB1995PTC017402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Advances was incorporated on 08 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Goyal Advances by revenue are Upadan Commodities Private Limited, Bajrangbali Commodeal Private Limited, Dungarwal Commercial Private Limited, Revaveda Advisors Private Limited, Dipshikha Samajik Unnayan Nidhi Limited and 5 more, all in the BFSI industry (Other Financial Services).
Dharam Pal Goyal was appointed as Director on 18 Dec 1995. Ranju Goyal was appointed as Director on 08 Dec 1995.
The registered office of Goyal Advances is at Rajpura Roadnear Bus Stand Patiala, Punjab, India.
Goyal Advances has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.08 Cr.