MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0030512
Khaitan Mercantile Ltd
Khaitan Mercantile Ltd - home & lifestyle in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.65 Cr
▲ 31% YoY
Net profit · FY 2025
₹15.57 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹35.66 Lakh
EBITDA margin 2.4%
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹3.06 Cr
Issued & subscribed
Satisfied charges
₹1.9 Cr
No open charges
Company age
39 yrs
Est. 1987
Directors on board
3
As per MCA filings
About Khaitan Mercantile Ltd
Data last updated:
Khaitan Mercantile Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 28 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1987PLC109162. Its GSTIN is 19AABCK3548F1ZJ (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.06 Cr. It is led by directors including Ashok Khaitan and Ramesh Kumar Khaitan.
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 159 Rabindra Sarani 4th Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.65 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹15.57 Lakh (net margin 1.1%) and EBITDA of ₹35.66 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹1.9 Cr on record.
Khaitan Mercantile Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0030512). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909WB1987PLC109162
Registration Number 109162
Incorporation Date 28 January 1987
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0030512
CIN history
Khaitan Mercantile has one previous CIN (Corporate Identification Number): L51900MH1987PLC042351. The current CIN is U51909WB1987PLC109162, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1987PLC109162 | Current |
| L51900MH1987PLC042351 | Previous |
Recognitions & Rankings of Khaitan Mercantile
Contact details
Khaitan Mercantile Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address159 Rabindra Sarani 4th Floor, Kolkata, West Bengal, India – 700007
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Khaitan Mercantile Ltd, buy the company report.
Comprehensive company report
Khaitan Mercantile Ltd - one report that includes everything
- 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
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Business activity
The main business activity of Khaitan Mercantile 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 Khaitan Mercantile Ltd, buy the company report.
Financials of Khaitan Mercantile Ltd
FY 2025 filings availableKhaitan Mercantile Ltd reported revenue of ₹14.65 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹14.65 Cr ▲ 31%
Net profit · FY 2025
₹15.57 Lakh margin 1.1%
EBITDA · FY 2025
₹35.66 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 21%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 29%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 31% growth in the latest year. EBITDA rose 89% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.57 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.4% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Khaitan Mercantile Ltd, buy the company report.
Board of directors of Khaitan Mercantile Ltd
Khaitan Mercantile has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Khaitan | Director | 28 Jan 1987 | 39 Years 9 Months | Current |
| Ramesh Kumar Khaitan | Director | 28 Jan 1987 | 39 Years 9 Months | Current |
| Ajay Kumar Agrawal | Director | 23 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Khaitan Mercantile Ltd is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apshara Garments Private Limited | ₹14.68 Cr (FY 2024) | -54.0% | New Delhi, Delhi, India | |||
| Laboni Impex Private Limited | ₹14.68 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Delvegsco Sales Private Limited | ₹14.66 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India | |||
| Khaitan Mercantile Ltdthis company | ₹14.65 Cr (FY 2025) | ₹15.57 Lakh | 1.1% | 31.0% | Kolkata, West Bengal, India | |
| Jain Holdings Pvt Ltd | ₹14.57 Cr (FY 2024) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Khaitan Mercantile Ltd, buy the company report.
Auditor
Khaitan Mercantile Ltd is audited by SARAF & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAF & CO | FY 2021 | 312045E |
Shareholding
The shareholding of Khaitan Mercantile Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Khaitan Mercantile Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2014 | 10487853 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied | |
| 15 Mar 2005 | 90241366 | State Bank of Mysore | ₹40 Lakh | Satisfied |
To see the full charge records of Khaitan Mercantile Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Khaitan Mercantile Ltd 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 Khaitan Mercantile Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khaitan Mercantile has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCK3548F1ZJ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khaitan Mercantile Ltd, buy the company report.
Recent activity
Khaitan Mercantile Ltd has 4 board changes on record since 1987: 3 appointments and 1 cessation. The latest: Rajiv Khaitan ceased to be Director on 07 Jul 2011.
AGM
Khaitan Mercantile Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Khaitan Mercantile Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge registered on 28 Apr 2014 via Charge ID 10487853 with Hdfc Bank Limited was fully satisfied on 01 Jun 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 10487853 was registered on 28 Apr 2014.
Charges
A charge registered on 15 Mar 2005 via Charge ID 90241366 with State Bank Of Mysore was fully satisfied on 11 Feb 2013.
Ceased
Rajiv Khaitan ceased to be Director.
Appointed
Ajay Kumar Agrawal was appointed as Director.
Charges
A charge with State Bank Of Mysore amounted to Rs. 0.40 Cr with Charge ID 90241366 was registered on 15 Mar 2005.
Charges
A charge with State Bank Of Mysore of Rs. 0.40 Cr registered on 15 Mar 2005 with Charge ID 90241366 was modified on 15 Mar 2005.
Appointed
Ashok Khaitan was appointed as Director.
Appointed
Ramesh Kumar Khaitan was appointed as Director.
Incorporation
28 Jan 1987
Khaitan Mercantile Ltd was registered on 28 Jan 1987 with Roc Kolkata & aged 39 years 9 months as per MCA records.
Frequently asked questions
Khaitan Mercantile is an active public limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 28 January 1987 (39+ years old) and is registered under CIN U51909WB1987PLC109162.
Khaitan Mercantile has 3 current directors:
- Ashok Khaitan - Director
- Ramesh Kumar Khaitan - Director
- Ajay Kumar Agrawal - Director
The latest financial statements of Khaitan Mercantile 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 GSTIN of Khaitan Mercantile is 19AABCK3548F1ZJ, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Khaitan Mercantile is U51909WB1987PLC109162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khaitan Mercantile was incorporated on 28 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Khaitan Mercantile by revenue are Apshara Garments Private Limited, Laboni Impex Private Limited, Delvegsco Sales Private Limited, Jain Holdings Pvt Ltd, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rajiv Khaitan ceased to be Director on 07 Jul 2011. Ajay Kumar Agrawal was appointed as Director on 23 Jun 2011. Ashok Khaitan was appointed as Director on 28 Jan 1987. Khaitan Mercantile has 4 board changes on record in total.
Yes, Khaitan Mercantile is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0030512).
The registered office of Khaitan Mercantile is at 159 Rabindra Sarani 4th Floor, Kolkata, West Bengal, India – 700007.
Khaitan Mercantile operates in the home and lifestyle industry, in the textile retail and distribution segment.
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