
Mangatram Arora Finance Limited
About Mangatram Arora Finance Limited
Data last updated:
Mangatram Arora Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH2003PLC062107.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹6.33 Cr. It is led by directors including Raj Mangatram Arora and Rekha Aljibhai Boricha.
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 1 – A Plot – 771 Saras Apartment Mori Road Mahim Bus Terminal Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.76 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹9.65 Lakh (net margin 40.6%) and EBITDA of ₹9.74 Lakh (EBITDA margin 41%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 15% over five years.
Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Mangatram Arora Finance has one previous CIN (Corporate Identification Number): U65910MH2003PTC062107. The current CIN is U65910MH2003PLC062107, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910MH2003PLC062107 | Current |
| U65910MH2003PTC062107 | Previous |
Contact details
Mangatram Arora Finance Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – A Plot – 771 Saras Apartment Mori Road Mahim Bus Terminal Mahim, Mumbai, Maharashtra, India – 400016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mangatram Arora Finance 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
Financials of Mangatram Arora Finance Limited
FY 2025 filings availableMangatram Arora Finance Limited reported revenue of ₹23.76 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 97% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.65 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41% | ||||
| Net Profit Margin | 40.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mangatram Arora Finance Limited, buy the company report.
Board of directors of Mangatram Arora Finance Limited
Mangatram Arora Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Mangatram Arora Also directs: Olympic Agro Industries Limited, World of Ra Lifestyle Private Limited, House of Tina Arora Private Limited and 1 more | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Rekha Aljibhai Boricha Also directs: Olympic Agro Industries Limited | Director | 16 May 2016 | 10 Years 5 Months | Current |
| Sanyogta Mangatram Arora Also directs: Olympic Agro Industries Limited | Director | 30 Sep 2003 | 23 Years 1 Months | Current |
Peer comparison
Mangatram Arora Finance Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), 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 |
|---|---|---|---|---|---|---|
| Ayesha Micro Finance Association | ₹23.88 Lakh (FY 2025) | 267.0% | Allahabad, Uttar Pradesh, India | |||
| Sethi Finance & Leasing Co Pvt Ltd | ₹23.86 Lakh (FY 2024) | 41.0% | Kolkata, West Bengal, India | |||
| Mangatram Arora Finance Limitedthis company | ₹23.76 Lakh (FY 2025) | ₹9.65 Lakh | 40.6% | -92.0% | Mumbai, Maharashtra, India | |
| Virji and Company Finance Pvt.Ltd. | ₹23.66 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mangatram Arora Finance Limited, buy the company report.
Auditor
Mangatram Arora Finance Limited is audited by D.B.BHANUSHALI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.B.BHANUSHALI & CO | FY 2017 | 118951W |
Shareholding
The shareholding of Mangatram Arora Finance Limited 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 Mangatram Arora Finance Limited, buy the company report.
Legal cases
Mangatram Arora Finance Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -6 Mumbai | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Mangatram Arora Finance Limited, 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 Mangatram Arora Finance 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 Mangatram Arora Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mangatram Arora Finance Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Raj Mangatram Arora ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Mangatram Arora Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 September 2003 (23+ years old) and is registered under CIN U65910MH2003PLC062107.
Mangatram Arora Finance has 3 current directors:
- Raj Mangatram Arora - Director
- Rekha Aljibhai Boricha - Director
- Sanyogta Mangatram Arora - Director
The latest financial statements of Mangatram Arora Finance 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 Mangatram Arora Finance is U65910MH2003PLC062107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangatram Arora Finance has 4 court cases on record: 4 filed against it. Most are in the district courts.
Mangatram Arora Finance was incorporated on 30 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mangatram Arora Finance by revenue are Ayesha Micro Finance Association, Sethi Finance & Leasing Co Pvt Ltd, Virji and Company Finance Pvt.Ltd, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).
Raj Mangatram Arora ceased to be Additional Director on 29 Sep 2018. Mangatram Mulakhraj Arora ceased to be Managing Director on 23 Jun 2018. Raj Mangatram Arora was appointed as Director on 20 Jun 2018. Mangatram Arora Finance has 7 board changes on record in total.
The registered office of Mangatram Arora Finance is at 1 – A Plot – 771 Saras Apartment Mori Road Mahim Bus Terminal Mahim, Mumbai, Maharashtra, India – 400016.
Mangatram Arora Finance operates in the financial services industry, in the financial activities segment.
The compliance status of Mangatram Arora Finance is active non-compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.

