About Howden Insurance Brokers India Private Limited
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Howden Insurance Brokers India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Howden Broking Group Ltd. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 16 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2004PTC144558. Its GSTIN is 27AABCH4182L1ZC (Maharashtra). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors including Amit Kumar Agarwal (Managing Director) and Mahesh Manohar Chainani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B Wing 6th Floor Supreme Business Park, Hiranandani Garden Powai Mumbai – 400076, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹217.38 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹35.95 Cr (net margin 16.5%) and EBITDA of ₹52.98 Cr (EBITDA margin 24.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 33% over five years.
The company has about 309 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Howden India. As per MCA filings, the company has satisfied charges of ₹20.7 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 3 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 howdenindia.com.
Company details
Contact details
Howden Insurance Brokers India Private Limited's registered office is in Mumbai, Maharashtra. Its website is howdenindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressB Wing 6th Floor Supreme Business Park, Hiranandani Garden Powai Mumbai – 400076, Maharashtra, India – 400076
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Howden Insurance Brokers India 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
Brands
Howden Insurance Brokers India operates one associated brand: Howden India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive insurance distribution services to meet client needs. | howdenindia.com |
Business activity
The main business activity of Howden Insurance Brokers India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Howden Insurance Brokers India Private Limited, buy the company report.
Financials of Howden Insurance Brokers India Private Limited
FY 2024 filings availableHowden Insurance Brokers India Private Limited reported revenue of ₹217.38 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 31% growth in the latest year. EBITDA rose 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹52.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.95 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.4% | ||||
| Net Profit Margin | 16.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Howden Insurance Brokers India Private Limited, buy the company report.
Board of directors of Howden Insurance Brokers India Private Limited
Howden Insurance Brokers India has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Andrew Edward Eaton Wood | Director | 08 Dec 2022 | 3 Years 11 Months | Current |
| Mahesh Manohar Chainani | Whole-Time Director | 29 Oct 2015 | 11 Years 0 Months | Current |
| Amit Kumar Agarwal Also directs: Philstone Tech. Private Limited | Managing Director | 19 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Howden Insurance Brokers India Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Capital Insurance Broking Limited | ₹265.13 Cr (FY 2024) | 53.0% | New Delhi, Delhi, India | |||
| Willis Towers Watson India Insurance Brokers Private Limited | ₹239.76 Cr (FY 2025) | 27.0% | Gurgaon, Haryana, India | |||
| Global Insurance Services (Brokers) Private Limited | ₹235.24 Cr (FY 2025) | 99.0% | Mumbai, Maharashtra, India | |||
| Howden Insurance Brokers India Private Limitedthis company | ₹217.38 Cr (FY 2025) | ₹35.95 Cr | 16.5% | 31.0% | Mumbai, Maharashtra, India | |
| Anand Rathi Insurance Brokers Limited | ₹191.52 Cr (FY 2025) | 41.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Howden Insurance Brokers India Private Limited, buy the company report.
Auditor
Howden Insurance Brokers India Private Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Howden Insurance Brokers India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Howden Insurance Brokers India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2008 | 10127428 | The Hongkong and Shanghai Banking Corporation Limited | ₹20.7 Cr | Satisfied |
To see the full charge records of Howden Insurance Brokers India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Howden Insurance Brokers India Private Limited has 5 court cases on record: 4 filed by Howden Insurance Brokers India, 1 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against an individual | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-7 | Disposed |
To see the full case history of Howden Insurance Brokers India Private Limited, buy the company report.
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.
MSME payment delays
Howden Insurance Brokers India Private Limited has 6 MSME Form 1 returns on record between 2020 and 2024, listing 11 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Afc System Private Limited | |||
| an individual supplier | |||
| Resilienceworks Consultation Services Private Limited | |||
| Honeybee Tech Solutions Private Limited |
To see the full MSME payment records of Howden Insurance Brokers India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Howden Insurance Brokers India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4182L1ZC | Maharashtra | Active | 01 Jul 2017 |
| 07AABCH4182L1ZE | Delhi | Active | 01 Jul 2017 |
| 29AABCH4182L1Z8 | Karnataka | Active | 01 Jul 2017 |
| 33AABCH4182L1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Howden Insurance Brokers India Private Limited, buy the company report.
Recent activity
Howden Insurance Brokers India Private Limited has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Siddharth Achyut Deosthalee was appointed as CFO on 23 Jun 2025.
15 earlier events are in the company report.
Frequently asked questions
Howden Insurance Brokers India is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 16 February 2004 (22+ years old) and is registered under CIN U67200MH2004PTC144558.
Howden Insurance Brokers India has 3 current directors:
- Amit Kumar Agarwal - Managing Director
- Mahesh Manohar Chainani - Whole-Time Director
- Mark Andrew Edward Eaton Wood - Director
The latest financial statements of Howden Insurance Brokers India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Howden Insurance Brokers India is 27AABCH4182L1ZC, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 07AABCH4182L1ZE (Delhi), 29AABCH4182L1Z8 (Karnataka), 33AABCH4182L1ZJ (Tamil Nadu).
The CIN (Corporate Identification Number) of Howden Insurance Brokers India is U67200MH2004PTC144558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Howden Insurance Brokers India has 5 court cases on record: 4 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Howden Insurance Brokers India was incorporated on 16 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Howden Insurance Brokers India by revenue are Bajaj Capital Insurance Broking Limited, Willis Towers Watson India Insurance Brokers Private Limited, Global Insurance Services (Brokers) Private Limited, Anand Rathi Insurance Brokers Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).
Siddharth Achyut Deosthalee was appointed as CFO on 23 Jun 2025. Richard Joseph Raymond Elias ceased to be Director on 04 Dec 2023. Mark Andrew Edward Eaton Wood ceased to be Additional Director on 19 Sep 2023. Howden Insurance Brokers India has 21 board changes on record in total.
Howden Insurance Brokers India has 6 MSME Form 1 returns on record between 2020 and 2024, listing 11 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Howden Insurance Brokers India can be reached through the website howdenindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Howden Insurance Brokers India is at B Wing 6th Floor Supreme Business Park, Hiranandani Garden Powai Mumbai – 400076, Maharashtra, India – 400076.
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