Kuntilaa Forex Private Limited
About Kuntilaa Forex Private Limited
Data last updated:
Kuntilaa Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 19 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC267588. Its GSTIN is 27AAFCK9060L1Z2 (Maharashtra).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Sandeep Sakharam Bhanage and Prakash Murlidhar Adhav.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 101/A 1st Floor Koldongri Chs Building No. 1 Parsiwada Sahar Road Andheri East Mumbai, 400069, Maharashtra, India – 400069.
As per the financials filed for FY 2022, the company reported a revenue of ₹68.26 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹16,227 (net margin -0.2%) and EBITDA of ₹9,114 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address101/A 1st Floor Koldongri Chs Building No. 1 Parsiwada Sahar Road Andheri East Mumbai, 400069, Maharashtra, India – 400069
- IndustryFinancial Services, Forex 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 Kuntilaa Forex Private Limited
The main business activity of Kuntilaa Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Kuntilaa Forex Private Limited FY 2022 filings available
Kuntilaa Forex Private Limited reported revenue of ₹68.26 Lakh (down 52% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Kuntilaa Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 52% fall in the latest year. EBITDA fell 74% 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 Kuntilaa Forex Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹9,114 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16,227 | •••• | •••• | •••• | •••• |
| 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 Kuntilaa Forex Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 Kuntilaa Forex are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Kuntilaa Forex Private Limited
Kuntilaa Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange 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 |
|---|---|---|---|---|---|---|
| Chandana Travels and Forex Private Limited | ₹70.45 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Malda, West Bengal, India |
| VJP Fin Services Private Limited | ₹68.6 Lakh (FY 2025) | •••• | •••• | 78.0% | •••• | Ludhiana, Punjab, India |
| Sodhani Forex Private Limited | ₹68.57 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| RSBP Forex and Tours Private Limited | ₹68.55 Lakh (FY 2025) | •••• | •••• | 73.0% | •••• | Siliguri, West Bengal, India |
| Spna Forex Solutions Private Limited | ₹68.4 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Chennai, Tamil Nadu, India |
| Kuntilaa Forex Private Limited this company | ₹68.26 Lakh (FY 2022) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Mannu Forex Private Limited | ₹67.75 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Delhi, India |
| Liquid Forex & Travel Private Limited | ₹67.03 Lakh (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Amaron Forex Private Limited | ₹66.54 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Ahmedabad, Gujarat, India |
| Baluja Forex Private Limited | ₹66.5 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Unique Forex & Travels Private Limited | ₹63.79 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Kuntilaa Forex by revenue in the BFSI industry (Money Exchange 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 Kuntilaa Forex Private Limited
Kuntilaa Forex Private Limited is audited by M N N & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N N & 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.
Board of Directors of Kuntilaa Forex Private Limited
Kuntilaa Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sakharam Bhanage | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Prakash Murlidhar Adhav | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
Ownership and Shareholding of Kuntilaa Forex 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 Kuntilaa Forex Private Limited
Kuntilaa Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kuntilaa Forex Private Limited
Employment history and EPFO contributions of people linked to Kuntilaa Forex.
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 Kuntilaa Forex Private Limited
Kuntilaa Forex Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Prabha Ramesh Kothari ceased to be Director on 01 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Kuntilaa Forex 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 Kuntilaa Forex 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 Kuntilaa Forex 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 Kuntilaa Forex Private Limited
Kuntilaa Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK9060L1Z2 | Maharashtra | Active | 07 Dec 2017 |
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 Kuntilaa Forex 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 Kuntilaa Forex Private Limited
Kuntilaa Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 19 August 2015 (11+ years old) and is registered under CIN U74120MH2015PTC267588.
Kuntilaa Forex reported revenue of ₹68.26 Lakh for FY 2022 (down 52% YoY).
Kuntilaa Forex has 2 current directors:
- Sandeep Sakharam Bhanage - Director
- Prakash Murlidhar Adhav - Director
Kuntilaa Forex reported a net loss of ₹16,227 (net margin -0.2%) and EBITDA of ₹9,114 (EBITDA margin 0.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kuntilaa Forex is -19% over three years. In the latest year (FY 2022) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kuntilaa Forex is 27AAFCK9060L1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kuntilaa Forex is U74120MH2015PTC267588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kuntilaa Forex was incorporated on 19 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kuntilaa Forex by revenue are Chandana Travels and Forex Private Limited, VJP Fin Services Private Limited, Sodhani Forex Private Limited, RSBP Forex and Tours Private Limited, Spna Forex Solutions Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Prabha Ramesh Kothari ceased to be Director on 01 Aug 2022. Prakash Murlidhar Adhav was appointed as Director on 01 Aug 2022. Rameshkumar Mishrimal Kothari ceased to be Director on 01 Aug 2022. Kuntilaa Forex has 5 board changes on record in total.
The registered office of Kuntilaa Forex is at 101A 1st Floor Koldongri Chs Building No. 1 Parsiwada Sahar Road Andheri East Mumbai, 400069, Maharashtra, India – 400069.