
Mahalaxmi Micro Finance
About Mahalaxmi Micro Finance
Data last updated:
Mahalaxmi Micro Finance is a private not for profit company based in Jaipur, Rajasthan, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 04 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65999RJ2014NPL045008.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhagwan Shay Saini and Narendra Saini.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2019, the company reported a revenue of ₹44,200, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹1,588 (net margin 3.6%) and EBITDA of ₹1,967 (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahalaxmi Micro Finance's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14 Mahaveer Colony, F Toll Tax Pratap Nagar, Jaipur, Rajasthan, India – 302033
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Mahalaxmi Micro Finance, 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
Financials of Mahalaxmi Micro Finance
FY 2023 filings availableMahalaxmi Micro Finance reported revenue of ₹44,200 (down 41% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over three years, including a 41% fall in the latest year. EBITDA fell 72% 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 | ₹44,200 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Total Expenses | |||||
| EBITDA | ₹1,967 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,588 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mahalaxmi Micro Finance, buy the company report.
Board of directors of Mahalaxmi Micro Finance
Mahalaxmi Micro Finance has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwan Shay Saini Also directs: Sarv Shree Samridhi Nidhi Limited, Mahalaxmi Welfare Foundation | Director | 09 Feb 2024 | 2 Years 8 Months | Current |
| Narendra Saini Also directs: Sarv Shree Samridhi Nidhi Limited, Mahalaxmi Welfare Foundation | Director | 09 Feb 2024 | 2 Years 8 Months | Current |
| Ram Avatar Sharma Also directs: Sarv Shree Samridhi Nidhi Limited | Additional Director | 01 Feb 2025 | 1 Years 9 Months | Current |
| Lala Ram Sharma | Additional Director | 07 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Mahalaxmi Micro Finance is audited by J JANARDAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J JANARDAN & ASSOCIATES | FY 2019 | 015962C |
Shareholding
The shareholding of Mahalaxmi Micro Finance is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mahalaxmi Micro Finance, buy the company report.
Legal cases
No court or tribunal cases involving Mahalaxmi Micro Finance 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 Mahalaxmi Micro Finance; 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 Mahalaxmi Micro Finance; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahalaxmi Micro Finance has 10 board changes on record since 2015: 4 appointments and 6 cessations. The latest: Lala Ram Sharma was appointed as Additional Director on 07 Feb 2025.
1 earlier event is in the company report.
Frequently asked questions
Mahalaxmi Micro Finance is an active private not for profit company based in Jaipur, Rajasthan, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 04 February 2014 (12+ years old) and is registered under CIN U65999RJ2014NPL045008.
Mahalaxmi Micro Finance has 4 current directors:
- Bhagwan Shay Saini - Director
- Narendra Saini - Director
- Ram Avatar Sharma - Additional Director
- Lala Ram Sharma - Additional Director
The latest financial statements of Mahalaxmi Micro Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mahalaxmi Micro Finance is U65999RJ2014NPL045008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalaxmi Micro Finance was incorporated on 04 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Jaipur.
Lala Ram Sharma was appointed as Additional Director on 07 Feb 2025. Ram Avatar Sharma was appointed as Additional Director on 01 Feb 2025. Bhagwan Shay Saini was appointed as Director on 09 Feb 2024. Mahalaxmi Micro Finance has 10 board changes on record in total.
The registered office of Mahalaxmi Micro Finance is at 14 Mahaveer Colony, F Toll Tax Pratap Nagar, Jaipur, Rajasthan, India – 302033.
Mahalaxmi Micro Finance operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Mahalaxmi Micro Finance is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
Mahalaxmi Micro Finance can be reached at its registered office: 14 Mahaveer Colony, F Toll Tax Pratap Nagar, Jaipur, Rajasthan, India – 302033.

