About Kwality Credit & Leasing Ltd
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Kwality Credit & Leasing Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 25 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65921WB1992PLC056686. It is recorded as listed by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹4.7 Cr and a paid-up capital of ₹4.22 Cr. It is led by directors including Bhagwan Das Soni (Managing Director) and Amu Thapa.
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 7 Lyons Range 3rd Floor Room No. 9 & 10, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.11 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹8,289 (net margin -0.4%) and EBITDA of -₹8,226 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 5% over five years.
Its group structure includes 20 subsidiaries.
The company is associated with 1 brand: Kwality Credit & Leasing. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 75 deals on record (75 market trades); the latest was in April 2019. Its 5 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Pratham Projects and Finlease Limited with revenue of ₹23.65 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website kwalitycredit.com.
Company details
Contact details
Kwality Credit & Leasing Ltd's registered office is in Kolkata, West Bengal. Its website is kwalitycredit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 Lyons Range 3rd Floor Room No. 9 & 10, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Kwality Credit & Leasing Ltd, 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
Kwality Credit & Leasing operates one associated brand: Kwality Credit & Leasing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified loans for small and medium enterprises are provided. | kwalitycredit.com |
Business activity
The main business activity of Kwality Credit & Leasing is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Kwality Credit & Leasing Ltd, buy the company report.
Financials of Kwality Credit & Leasing Ltd
FY 2025 filings availableKwality Credit & Leasing Ltd reported revenue of ₹23.11 Lakh (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 16% fall 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 | ₹23.11 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8,226 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8,289 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | -0.4% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Kwality Credit & Leasing Ltd, buy the company report.
Board of directors of Kwality Credit & Leasing Ltd
Kwality Credit & Leasing has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amu Thapa Also directs: KCL Iron & Steels Limited | Director | 09 Jul 2012 | 14 Years 3 Months | Current |
| Bhagwan Das Soni Also directs: KCL Iron & Steels Limited, Wonderland Paper Suppliers Private Limited, Zonal Commercial Private Limited and 5 more | Managing Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Babita Shah | Director | 07 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Kwality Credit & Leasing Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pratham Projects and Finlease Limited | ₹23.65 Lakh (FY 2024) | 247.0% | Delhi, India | |||
| Sputnik Finlease and Portfolio Private Limited | ₹23.59 Lakh (FY 2025) | -3.0% | Delhi, India | |||
| Emar Fiscal Services Pvt Ltd | ₹23.53 Lakh (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Shri Mahasati Investments Ltd. | ₹23.5 Lakh (FY 2020) | -4.0% | Kolkata, West Bengal, India | |||
| Marsh Capital Services Private Limited | ₹23.5 Lakh (FY 2025) | 22.0% | Ludhiana, Punjab, India | |||
| Kwality Credit & Leasing Ltdthis company | ₹23.11 Lakh (FY 2025) | -₹8,289 | -0.4% | -16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kwality Credit & Leasing Ltd, buy the company report.
Auditor
Kwality Credit & Leasing Ltd is audited by PACHISIA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PACHISIA & ASSOCIATES | FY 2016 | 327542E |
Shareholding
The shareholding of Kwality Credit & Leasing Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kwality Credit & Leasing Ltd, buy the company report.
Deals & funding
Kwality Credit & Leasing Ltd has 75 deals on record (75 market trades); the latest was in April 2019.
Deals on record (5 of 75)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Market trade | ₹4.1 Lakh | Buyer: Nikunj Sureshchandra Shah Huf Seller: Primary Iron Traders Private Limited |
| Nov 2018 | Market trade | ₹4 Lakh | Seller: Fastner Machinery Dealers Limited |
| Nov 2018 | Market trade | ₹4.3 Lakh | Buyer: an individual Seller: Fastner Machinery Dealers Limited |
| Nov 2018 | Market trade | ₹5.9 Lakh | Buyer: an individual Seller: Anurodh Infrastructure Limited |
| Oct 2018 | Market trade | ₹5.9 Lakh | Seller: Fastner Machinery Dealers Limited |
To see the full deal history of Kwality Credit & Leasing Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kwality Credit & Leasing Ltd has 4 court cases on record: 3 filed by Kwality Credit & Leasing, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| High Court | Tax appeal | Filed against the company by an individual | Disposed |
To see the full case history of Kwality Credit & Leasing Ltd, 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 Kwality Credit & Leasing Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kwality Credit & Leasing has 20 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Curlew Agriculture Limited | U01100WB2017PLC220023 | |
| Curlew Horticulture Limited | U01100WB2017PLC220099 | |
| Curlew Floriculture Limited | U01110WB2017PLC220018 | |
| Curlew Moonview Limited | U70100WB2017PLC220103 | |
| Curlew Builders Limited | U70100WB2017PLC220180 | |
| Curlew Riverview Limited | U70109WB2017PLC220021 |
To see the full group structure of Kwality Credit & Leasing Ltd, buy the company report.
GST
No GST registration is on our record for Kwality Credit & Leasing Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kwality Credit & Leasing Ltd has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Babita Shah was appointed as Director on 07 Apr 2017.
4 earlier events are in the company report.
Frequently asked questions
Kwality Credit & Leasing is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 25 September 1992 (34+ years old) and is registered under CIN L65921WB1992PLC056686.
Kwality Credit & Leasing has 3 current directors:
- Bhagwan Das Soni - Managing Director
- Amu Thapa - Director
- Babita Shah - Director
The latest financial statements of Kwality Credit & Leasing 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 CIN (Corporate Identification Number) of Kwality Credit & Leasing is L65921WB1992PLC056686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kwality Credit & Leasing is recorded as a listed company by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
Kwality Credit & Leasing has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Kwality Credit & Leasing was incorporated on 25 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Kwality Credit & Leasing has 75 deals on record (75 market trades); the latest was in April 2019.
The peers of Kwality Credit & Leasing by revenue are Pratham Projects and Finlease Limited, Sputnik Finlease and Portfolio Private Limited, Emar Fiscal Services Pvt Ltd, Shri Mahasati Investments Ltd, Marsh Capital Services Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Babita Shah was appointed as Director on 07 Apr 2017. Namrata Chakraborty ceased to be Director on 25 Jan 2017. Bhagwan Das Soni was appointed as Managing Director on 01 Jan 2013. Kwality Credit & Leasing has 13 board changes on record in total.
Kwality Credit & Leasing can be reached through the website kwalitycredit.com. Its registered office is in Kolkata, West Bengal, India.
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