
Marathon Broking Services Limited
About Marathon Broking Services Limited
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Marathon Broking Services Limited is a public limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100DL1995PLC064949.
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.35 Cr. It is led by directors including Pawan Vats and Deepak Mehra.
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 183 Cariappa Marg Sainik Farms, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.05 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹5.91 Lakh (net margin -83.9%) and EBITDA of -₹5.82 Lakh (EBITDA margin -82.6%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 31% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Marathon Broking Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100DL1995PLC064949, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100DL1995PLC064949 | Current |
| L74899DL1995PLC064949 | Previous |
| U74899DL1995PLC064949 | Previous |
Contact details
Marathon Broking Services Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address183 Cariappa Marg Sainik Farms, New Delhi, Delhi, India – 110062
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Marathon Broking 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 Marathon Broking Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Marathon Broking Services Limited, buy the company report.
Financials of Marathon Broking Services Limited
FY 2025 filings availableMarathon Broking Services Limited reported revenue of ₹7.05 Lakh (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.82 Lakh | ||||
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| Net Profit (PAT) | -₹5.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -82.6% | ||||
| Net Profit Margin | -83.9% | ||||
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To see the full financial statements and ratios of Marathon Broking Services Limited, buy the company report.
Board of directors of Marathon Broking Services Limited
Marathon Broking Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Vats Also directs: R S P V & Co LLP | Director | 15 Nov 2024 | 1 Years 11 Months | Current |
| Deepak Mehra | Director | 15 Apr 2008 | 18 Years 6 Months | Current |
| Shakti Agarwalla Also directs: Range Trading and Investments Private Limited, Jalan Stock and Shares Limited, Scoring Traders Limited and 1 more | Director | 10 Jul 1997 | 29 Years 3 Months | Current |
| Vishwanath Agarwalla | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
Auditor
Marathon Broking Services Limited is audited by K N GUTGUTIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N GUTGUTIA & CO | FY 2021 | 304153E |
Shareholding
The shareholding of Marathon Broking Services Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Marathon Broking Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Marathon Broking 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 Marathon Broking Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Marathon Broking Services has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Range Trading and Investments Private Limited | U74899DL1992PTC050967 |
To see the full group structure of Marathon Broking Services Limited, buy the company report.
GST
No GST registration is on our record for Marathon Broking Services Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marathon Broking Services Limited has 6 board changes on record since 1997: 5 appointments and 1 cessation. The latest: Abhijeet Y Bhatt was appointed as Manager on 15 Nov 2024.
Frequently asked questions
Marathon Broking Services is an active public limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 February 1995 (31+ years old) and is registered under CIN U65100DL1995PLC064949.
Marathon Broking Services has 4 current directors:
- Pawan Vats - Director
- Deepak Mehra - Director
- Shakti Agarwalla - Director
- Vishwanath Agarwalla - Director
The latest financial statements of Marathon Broking Services 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 Marathon Broking Services is U65100DL1995PLC064949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marathon Broking Services was incorporated on 02 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Abhijeet Y Bhatt was appointed as Manager on 15 Nov 2024. Pawan Vats was appointed as Director on 15 Nov 2024. Deepak Mehra was appointed as Director on 15 Apr 2008. Marathon Broking Services has 6 board changes on record in total.
The registered office of Marathon Broking Services is at 183 Cariappa Marg Sainik Farms, New Delhi, Delhi, India – 110062.
Marathon Broking Services operates in the financial services industry, in the nbfc segment.
The compliance status of Marathon Broking Services is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.
Marathon Broking Services has 1 subsidiary company including Range Trading And Investments Private Limited.