Monica Forex Private Limited
About Monica Forex Private Limited
Data last updated:
Monica Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65100TN2007PTC062995. Its GSTIN is 33AAFCM0155L1ZL (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Dhanapal and Dhanapal Sumathi.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.49 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹28,100 (net margin 1%) and EBITDA of ₹46,000 (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 20% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address28A Anna Nagar Plaza Shopping Complex Ground Floor 47 2nd Avenue Anna Naga, R, Chennai, Tamil Nadu, India – 600040
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Monica Forex Private Limited
The main business activity of Monica Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Monica Forex Private Limited FY 2025 filings available
Monica Forex Private Limited reported revenue of ₹29.49 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Monica Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 32% fall in the latest year. EBITDA rose 12% 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 of Monica Forex Private Limited
| 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 | ₹46,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28,100 | •••• | •••• | •••• | •••• |
| 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 of Monica Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Monica Forex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Monica Forex Private Limited
Monica Forex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Focus Agro Products Limited | ₹29.52 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| JKJ Infratech Private Limited | ₹29.52 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Delhi, India |
| DSS Portfolio Private Limited | ₹29.51 Lakh (FY 2017) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Utkarsha Multiple Nidhi Limited | ₹29.51 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Shevgaon, Maharashtra, India |
| Mikarika Chits Private Limited | ₹29.5 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Irinjalakuda, Kerala, India |
| Monica Forex Private Limited this company | ₹29.49 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Chennai, Tamil Nadu, India |
| Unique Commercial Pvt Ltd | ₹29.49 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Pankaj the Taxation Private Limited | ₹29.48 Lakh (FY 2021) | •••• | •••• | 441.0% | •••• | New Delhi, Delhi, India |
| Pune Multiple Nidhi Limited | ₹29.48 Lakh (FY 2022) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Purusharth Nidhi Limited | ₹29.47 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Surat, Gujarat, India |
| Surendra Microcare Foundation | ₹29.46 Lakh (FY 2025) | •••• | •••• | 102.0% | •••• | Aurangabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Monica Forex by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Monica Forex Private Limited
Monica Forex Private Limited is audited by A.K.LUNAWATH & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.K.LUNAWATH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Monica Forex Private Limited
Monica Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanapal | Director | 04 Apr 2007 | 19 Years 6 Months | Current |
| Dhanapal Sumathi | Director | 04 Apr 2007 | 19 Years 6 Months | Current |
Ownership and Shareholding of Monica Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Monica Forex Private Limited
Monica Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Monica Forex Private Limited
Employment history and EPFO contributions of people linked to Monica Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Monica Forex Private Limited
Monica Forex Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Dhanapal was appointed as Director on 04 Apr 2007.
Credit Ratings, Litigation & Regulatory Alerts for Monica Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Monica Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Monica Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Monica Forex Private Limited
Monica Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM0155L1ZL | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Monica Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Monica Forex Private Limited
Monica Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 April 2007 (19+ years old) and is registered under CIN U65100TN2007PTC062995.
Monica Forex reported revenue of ₹29.49 Lakh for FY 2025 (down 32% YoY).
Monica Forex has 2 current directors:
- Dhanapal - Director
- Dhanapal Sumathi - Director
Monica Forex reported a net profit of ₹28,100 (net margin 1%) and EBITDA of ₹46,000 (EBITDA margin 1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Monica Forex is 9% over three years and -20% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Monica Forex is 33AAFCM0155L1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Monica Forex is U65100TN2007PTC062995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monica Forex was incorporated on 04 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Monica Forex by revenue are Focus Agro Products Limited, JKJ Infratech Private Limited, DSS Portfolio Private Limited, Utkarsha Multiple Nidhi Limited, Mikarika Chits Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Dhanapal was appointed as Director on 04 Apr 2007. Dhanapal Sumathi was appointed as Director on 04 Apr 2007.
The registered office of Monica Forex is at 28A Anna Nagar Plaza Shopping Complex Ground Floor 47 2nd Avenue Anna Naga, R, Chennai, Tamil Nadu, India – 600040.