
About Marathon Capital Advisory Private Limited
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Marathon Capital Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2003PTC143425. Its GSTIN is 27AADCM7519E3ZF (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.57 Lakh. It is led by directors Arpita Amit Porwal and Rahul Porwal.
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 307 – 308 A.C. Market Tardeo Road Tardeo, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.92 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹35.66 Lakh (net margin 9.1%) and EBITDA of ₹44.12 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 28% over five years.
The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marathoncapital.in.
Company details
Contact details
Marathon Capital Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is marathoncapital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address307 – 308 A.C. Market Tardeo Road Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Marathon Capital Advisory Private 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 Capital Advisory is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Marathon Capital Advisory Private Limited, buy the company report.
Financials of Marathon Capital Advisory Private Limited
FY 2025 filings availableMarathon Capital Advisory Private Limited reported revenue of ₹3.92 Cr (up 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 85% growth in the latest year. EBITDA rose 65% 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 | ₹44.12 Lakh | ||||
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| Net Profit (PAT) | ₹35.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 9.1% | ||||
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To see the full financial statements and ratios of Marathon Capital Advisory Private Limited, buy the company report.
Board of directors of Marathon Capital Advisory Private Limited
Marathon Capital Advisory has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpita Amit Porwal | Director | 19 Jun 2010 | 16 Years 4 Months | Current |
| Rahul Porwal | Director | 03 Jul 2017 | 9 Years 4 Months | Current |
Auditor
Marathon Capital Advisory Private Limited is audited by Khubchandani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khubchandani & Associates | FY 2023 | 009554C |
Shareholding
The shareholding of Marathon Capital Advisory Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Marathon Capital Advisory Private Limited, buy the company report.
Deals & funding
Marathon Capital Advisory Private Limited has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2016 | Rights issue | ₹33.3 Lakh | Investors: 3 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Marathon Capital Advisory Private 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 Capital Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marathon Capital Advisory has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM7519E3ZF | Maharashtra | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Marathon Capital Advisory Private Limited, buy the company report.
Recent activity
Marathon Capital Advisory Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Devesh Kumar Sharma ceased to be Director on 15 Jun 2021.
Frequently asked questions
Marathon Capital Advisory is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 08 December 2003 (23+ years old) and is registered under CIN U67190MH2003PTC143425.
Marathon Capital Advisory has 2 current directors:
- Arpita Amit Porwal - Director
- Rahul Porwal - Director
The latest financial statements of Marathon Capital Advisory 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 GSTIN of Marathon Capital Advisory is 27AADCM7519E3ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Marathon Capital Advisory is U67190MH2003PTC143425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marathon Capital Advisory was incorporated on 08 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Marathon Capital Advisory has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in March 2018.
Devesh Kumar Sharma ceased to be Director on 15 Jun 2021. Rahul Porwal ceased to be Additional Director on 29 Sep 2017. Rahul Porwal was appointed as Director on 03 Jul 2017. Marathon Capital Advisory has 7 board changes on record in total.
Marathon Capital Advisory can be reached through the website marathoncapital.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Marathon Capital Advisory is at 307 – 308 A.C. Market Tardeo Road Tardeo, Mumbai, Maharashtra, India – 400034.

