Macn Financial Services Limited
About Macn Financial Services Limited
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Macn Financial Services Limited is a public limited company based in Ernakulam, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65910KL1996PLC009882.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.46 Lakh. It is led by directors including Puthenpurakal Varghese Joseph and Usha Mathew.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Door No58/861 I Floor Alfa Towers Is Press Road, Ernakulam, Kerala, India – 682018.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.31 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹7,956 (net margin -1.8%) and EBITDA of -₹7,956 (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹70,000 on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Macn Financial Services Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No58/861 I Floor Alfa Towers Is Press Road, Ernakulam, Kerala, India – 682018
- IndustryFinancial Services, Financial Activities
To see the full contact details of Macn Financial Services 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 Macn Financial Services 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 Macn Financial Services Limited, buy the company report.
Financials of Macn Financial Services Limited
FY 2019 filings availableMacn Financial Services Limited reported revenue of ₹4.31 Lakh (up 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 40% growth in the latest year. EBITDA rose 92% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.31 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7,956 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7,956 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Macn Financial Services Limited, buy the company report.
Board of directors of Macn Financial Services Limited
Macn Financial Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puthenpurakal Varghese Joseph | Director | 05 Jan 1996 | 30 Years 9 Months | Current |
| Usha Mathew | Director | 05 Jan 1996 | 30 Years 9 Months | Current |
| Paul Raj Joseph | Director | 05 Jan 1996 | 30 Years 9 Months | Current |
Peer comparison
Macn Financial Services Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sri Mangalam Chit Funds (Nellai) Private Limited | ₹4.31 Lakh (FY 2024) | 9.0% | Tirunelveli, Tamil Nadu, India | |||
| Kailashdham Shoppers Private Limited | ₹4.31 Lakh (FY 2016) | 1820.0% | Kolkata, West Bengal, India | |||
| Hossain Business Services Private Limited | ₹4.31 Lakh (FY 2017) | Chichra, West Bengal, India | ||||
| Sarawgi Petroleum Agencies Private Limited | ₹4.31 Lakh (FY 2023) | 40.0% | Kolkata, West Bengal, India | |||
| Sri Guru Rayara Chits Private Limited | ₹4.31 Lakh (FY 2020) | 121.0% | Bellary, Karnataka, India | |||
| Macn Financial Services Limitedthis company | ₹4.31 Lakh (FY 2019) | -₹7,956 | -1.8% | 40.0% | Ernakulam, Kerala, India | |
| Maharudra Mutual Nidhi Limited | ₹4.31 Lakh (FY 2022) | -50.0% | Dineshpur, Uttarakhand, India | |||
| Marvel Finsec Private Limited | ₹4.31 Lakh (FY 2025) | 11.0% | Rajkot, Gujarat, India | |||
| Dina Securities Limited | ₹4.31 Lakh (FY 2025) | 223.0% | Patna, Bihar, India | |||
| Rawji Money Changer Private Limited | ₹4.3 Lakh (FY 2025) | -97.0% | Surat, Gujarat, India | |||
| Ajay Security Services Private Limited | ₹4.3 Lakh (FY 2017) | -37.0% | Patliputra, Bihar, India |
To see the full peer comparison of Macn Financial Services Limited, buy the company report.
Auditor
Macn Financial Services Limited is audited by KRISHNAMOORTHY & KRISHNAMOORTHY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAMOORTHY & KRISHNAMOORTHY | FY 2017 | 001488S |
Shareholding
The shareholding of Macn Financial Services Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Macn Financial Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 1999 | 90017462 | Syndicate Bank | ₹70,000 | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Macn Financial Services 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 Macn Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Macn Financial Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Macn Financial Services Limited has 3 board changes on record since 1996: 3 appointments. The latest: Paul Raj Joseph was appointed as Director on 05 Jan 1996.
Frequently asked questions
Macn Financial Services is an active public limited company based in Ernakulam, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 January 1996 (30+ years old) and is registered under CIN U65910KL1996PLC009882.
Macn Financial Services has 3 current directors:
- Puthenpurakal Varghese Joseph - Director
- Usha Mathew - Director
- Paul Raj Joseph - Director
The latest financial statements of Macn Financial Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Macn Financial Services is U65910KL1996PLC009882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Macn Financial Services was incorporated on 05 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Macn Financial Services by revenue are Sri Mangalam Chit Funds (Nellai) Private Limited, Kailashdham Shoppers Private Limited, Hossain Business Services Private Limited, Sarawgi Petroleum Agencies Private Limited, Sri Guru Rayara Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Paul Raj Joseph was appointed as Director on 05 Jan 1996. Puthenpurakal Varghese Joseph was appointed as Director on 05 Jan 1996. Usha Mathew was appointed as Director on 05 Jan 1996.
The registered office of Macn Financial Services is at Door No58861 I Floor Alfa Towers Is Press Road, Ernakulam, Kerala, India – 682018.
Macn Financial Services operates in the financial services industry, in the financial activities segment.
Macn Financial Services has open charges of ₹70,000 and no satisfied charges on record as per latest MCA filings.
The compliance status of Macn Financial Services is active non-compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
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