- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0049035

About Kapalin Insurance Broking Private Limited
Data last updated:
Kapalin Insurance Broking Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 01 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66020MH2017PTC290072. Its GSTIN is 27AAGCK4518G1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Karan Mulchand Nagda and Charmy Taral Dedhia.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No.103 Bhaveshwar Complex Kirol Vlg Vidhyavihar Ghatkopar, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.55 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹28.65 Lakh (net margin 5.2%) and EBITDA of ₹59.16 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 38% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kapalin Insurance.
Kapalin Insurance Broking Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0049035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kapalinbroking.com.
Company details
Recognitions & Rankings of Kapalin Insurance Broking
Contact details
Kapalin Insurance Broking Private Limited's registered office is in Mumbai, Maharashtra. Its website is kapalinbroking.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.103 Bhaveshwar Complex Kirol Vlg Vidhyavihar Ghatkopar, Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Kapalin Insurance Broking 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
Kapalin Insurance Broking operates one associated brand: Kapalin Insurance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of drone, motor, health, home & commercial insurance services | kapalinbroking.com |
Business activity
The main business activity of Kapalin Insurance Broking 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 Kapalin Insurance Broking Private Limited, buy the company report.
Financials of Kapalin Insurance Broking Private Limited
FY 2025 filings availableKapalin Insurance Broking Private Limited reported revenue of ₹5.55 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 4% growth in the latest year. EBITDA fell 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 | ₹59.16 Lakh | ||||
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| Net Profit (PAT) | ₹28.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Kapalin Insurance Broking Private Limited, buy the company report.
Board of directors of Kapalin Insurance Broking Private Limited
Kapalin Insurance Broking has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Mulchand Nagda | Director | 01 Feb 2017 | 9 Years 9 Months | Current |
| Charmy Taral Dedhia Also directs: TVD Consultants Private Limited | Director | 01 Feb 2017 | 9 Years 9 Months | Current |
Peer comparison
Kapalin Insurance Broking 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 |
|---|---|---|---|---|---|---|
| Magnum Insurance Broking Private Limited | ₹5.6 Cr (FY 2024) | 68.0% | Nagpur, Maharashtra, India | |||
| Harmoney Finserv India Private Limited | ₹5.57 Cr (FY 2024) | 196.0% | Bangalore, Karnataka, India | |||
| Kapalin Insurance Broking Private Limitedthis company | ₹5.55 Cr (FY 2025) | ₹28.65 Lakh | 5.2% | 4.0% | 17 | Mumbai, Maharashtra, India |
| Way2safe Imf Private Limited | ₹5.44 Cr (FY 2024) | 212.0% | New Delhi, Delhi, India | |||
| Capitalsquare Insurance Brokers Private Limited | ₹5.42 Cr (FY 2024) | 20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kapalin Insurance Broking Private Limited, buy the company report.
Auditor
Kapalin Insurance Broking Private Limited is audited by Hitesh Dedhia & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hitesh Dedhia & Co | FY 2023 | 117412W |
Shareholding
The shareholding of Kapalin Insurance Broking 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 Kapalin Insurance Broking Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kapalin Insurance Broking 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 Kapalin Insurance Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kapalin Insurance Broking Private Limited has a workforce of 17 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Kapalin Insurance Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK4518G1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kapalin Insurance Broking Private Limited, buy the company report.
Recent activity
Kapalin Insurance Broking Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mahesh Bhalchandra Borkar ceased to be Director on 31 Mar 2025.
Frequently asked questions
Kapalin Insurance Broking 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 01 February 2017 (9+ years old) and is registered under CIN U66020MH2017PTC290072.
Kapalin Insurance Broking has 2 current directors:
- Karan Mulchand Nagda - Director
- Charmy Taral Dedhia - Director
The latest financial statements of Kapalin Insurance Broking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kapalin Insurance Broking is 27AAGCK4518G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kapalin Insurance Broking is U66020MH2017PTC290072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kapalin Insurance Broking was incorporated on 01 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kapalin Insurance Broking by revenue are Magnum Insurance Broking Private Limited, Harmoney Finserv India Private Limited, Way2safe Imf Private Limited, Capitalsquare Insurance Brokers Private Limited, all in the BFSI industry (Insurance Broking Firms), with the same principal business activity (financial advisory, brokerage and consultancy services).
Mahesh Bhalchandra Borkar ceased to be Director on 31 Mar 2025. Mahesh Bhalchandra Borkar was appointed as Director on 01 May 2019. Charmy Taral Dedhia was appointed as Director on 01 Feb 2017. Kapalin Insurance Broking has 4 board changes on record in total.
Yes, Kapalin Insurance Broking is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0049035).
Kapalin Insurance Broking can be reached through the website kapalinbroking.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kapalin Insurance Broking is at Office No.103 Bhaveshwar Complex Kirol Vlg Vidhyavihar Ghatkopar, Mumbai, Maharashtra, India – 400086.

