J R Finance Limited
About J R Finance Limited
Data last updated:
J R Finance Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 07 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1996PLC017699. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹49.8 Lakh and a paid-up capital of ₹42.87 Lakh. It was formerly known as J R Finance Private Limited. It is led by directors including Anju Aggarwal and Devi Dass Aggarwal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 584/1 Ludhiana Nursery Chowk Backside New Court Complex Model Gram, Punjab, India – 141002.
As per the financials filed for FY 2018, the company reported a revenue of ₹18.92 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹65,175 (net margin 3.4%) and EBITDA of ₹1.04 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
Court records list 17 cases involving the company, including 8 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
J R Finance has one previous CIN (Corporate Identification Number): L65921PB1996PLC017699. The current CIN is U65921PB1996PLC017699, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1996PLC017699 | Current |
| L65921PB1996PLC017699 | Previous |
Contact details
J R Finance Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address584/1 Ludhiana Nursery Chowk Backside New Court Complex Model Gram, Punjab, India – 141002
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of J R Finance 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
Business activity
The main business activity of J R Finance is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of J R Finance Limited, buy the company report.
Financials of J R Finance Limited
FY 2018 filings availableJ R Finance Limited reported revenue of ₹18.92 Lakh (down 94% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 94% fall in the latest year. EBITDA fell 81% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹18.92 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.04 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹65,175 | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.5% | |||
| Net Profit Margin | 3.4% | |||
| 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 | ||||
To see the full financial statements and ratios of J R Finance Limited, buy the company report.
Board of directors of J R Finance Limited
J R Finance has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devi Dass Aggarwal Also directs: Advaith Investments Limited, Hind School of Advance Education Limited, Devi Hospitality Private Limited and 3 more | Additional Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Aryan Bansal | Additional Director | 02 Mar 2020 | 6 Years 8 Months | Current |
| Anju Aggarwal Also directs: Kuber Asset Management Limited, Advaith Investments Limited, Hind School of Advance Education Limited and 1 more | Director | 20 Sep 2015 | 11 Years 1 Months | Current |
Auditor
J R Finance Limited is audited by NAVEEN DHOOPAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN DHOOPAR & ASSOCIATES | FY 2018 | 019422N |
Shareholding
The shareholding of J R Finance Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of J R Finance Limited, buy the company report.
Legal cases
J R Finance Limited has 17 court cases on record: 8 filed by J R Finance, 9 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 0 |
| High courts | 8 | 7 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed against the company by M/S Findoc Finvest Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Kunvarji Commodities Brokers Pvt. Ltd. | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against State Bank of India and Ors and 4 others | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Jalandhar, Punjab | Bail application | Filed by the company against an individual | Disposed |
To see the full case history of J R Finance 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
No delayed payments to MSME suppliers are on our record for J R Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
J R Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of J R Finance Limited, buy the company report.
Recent activity
J R Finance Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Aryan Bansal was appointed as Additional Director on 02 Mar 2020.
Frequently asked questions
J R Finance is an active public limited company based in Ludhiana, Punjab, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 07 February 1996 (30+ years old) and is registered under CIN U65921PB1996PLC017699.
J R Finance has 3 current directors:
- Devi Dass Aggarwal - Additional Director
- Aryan Bansal - Additional Director
- Anju Aggarwal - Director
The latest financial statements of J R Finance on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. J R Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of J R Finance is U65921PB1996PLC017699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J R Finance has 17 court cases on record: 8 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
J R Finance was incorporated on 07 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Aryan Bansal was appointed as Additional Director on 02 Mar 2020. Kuldeep Kumar Bansal ceased to be Director on 02 Mar 2020. Devi Dass Aggarwal was appointed as Additional Director on 18 Mar 2019. J R Finance has 6 board changes on record in total.
The registered office of J R Finance is at 5841 Ludhiana Nursery Chowk Backside New Court Complex Model Gram, Punjab, India – 141002.
J R Finance operates in the financial services industry, in the investment and credit nbfc segment.
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