Muhima Forex Private Limited
About Muhima Forex Private Limited
Data last updated:
Muhima Forex Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the forex services segment of the financial services sector. It was incorporated on 29 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67100WB2019PTC233146. Its GSTIN is 19AAMCM8460D1Z5 (West Bengal).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Roshni Mallick and Raja Mallick.
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 7 Sudder Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.73 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Lakh (net margin 0.1%) and EBITDA of ₹3.32 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 589% over three years and 69% over five years.
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- Registered Address7 Sudder Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Forex Services
- 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 Muhima Forex Private Limited
The main business activity of Muhima 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 Muhima Forex Private Limited FY 2025 filings available
Muhima Forex Private Limited reported revenue of ₹24.73 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Muhima Forex Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 27% 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 Muhima 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 | ₹3.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.26 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 of Muhima Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Muhima Forex are in the company report.
Financial statements from FY 2020
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 Muhima Forex Private Limited
Muhima Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shubhlakshmi Forex Private Limited | ₹25 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Hisar, Haryana, India |
| Searchlight Forex Private Limited | ₹24.95 Cr (FY 2024) | •••• | •••• | 308.0% | •••• | Kolkata, West Bengal, India |
| Akd Forex Private Limited | ₹24.86 Cr (FY 2024) | •••• | •••• | 1188.0% | •••• | Jogeshwari West, Maharashtra, India |
| Formax Forex India Private Limited | ₹24.82 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Ujjain, Madhya Pradesh, India |
| K.C. Ghosh Forex Private Limited | ₹24.73 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Kolkata, West Bengal, India |
| Muhima Forex Private Limited this company | ₹24.73 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| Exotic Money Changers Private Limited | ₹24.65 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| Eternity Forex Private Limited | ₹24.59 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| Vishnu Forex Private Limited | ₹24.58 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Suryanarayan Forex and Travels Private Limited | ₹24.57 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Mehhta Money Changer Private Limited | ₹24.53 Cr (FY 2024) | •••• | •••• | 101.0% | •••• | Kurukshetra, Haryana, India |
Peers are the five companies nearest above and the five nearest below Muhima Forex by revenue in the BFSI industry (Money Exchange Services), 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 Muhima Forex Private Limited
Muhima Forex Private Limited is audited by G BASU & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G BASU & 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 Muhima Forex Private Limited
Muhima Forex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshni Mallick | Director | 29 Jul 2019 | 7 Years 2 Months | Current |
| Raja Mallick | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Muhima 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 Muhima Forex Private Limited
Muhima Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Muhima Forex Private Limited
Employment history and EPFO contributions of people linked to Muhima 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 Muhima Forex Private Limited
Muhima Forex Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Mohammad Yousuf ceased to be Director on 04 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Muhima 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 Muhima 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 Muhima 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 Muhima Forex Private Limited
Muhima Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAMCM8460D1Z5 | West Bengal | Active | 08 Jan 2020 |
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 Muhima 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 Muhima Forex Private Limited
Muhima Forex is an active private limited company based in Kolkata, West Bengal, India. The company works in forex services, within the financial services industry. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U67100WB2019PTC233146.
Muhima Forex reported revenue of ₹24.73 Cr for FY 2025 (down 31% YoY).
Muhima Forex has 2 current directors:
- Roshni Mallick - Director
- Raja Mallick - Director
Muhima Forex reported a net profit of ₹2.26 Lakh (net margin 0.1%) and EBITDA of ₹3.32 Lakh (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Muhima Forex is 589% over three years and 69% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Muhima Forex is 19AAMCM8460D1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of Muhima Forex is U67100WB2019PTC233146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muhima Forex was incorporated on 29 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Muhima Forex by revenue are Shubhlakshmi Forex Private Limited, Searchlight Forex Private Limited, Akd Forex Private Limited, Formax Forex India Private Limited, K.C. Ghosh Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Mohammad Yousuf ceased to be Director on 04 Oct 2021. Raja Mallick was appointed as Director on 30 Sep 2021. Roshni Mallick was appointed as Director on 29 Jul 2019.
The registered office of Muhima Forex is at 7 Sudder Street, Kolkata, West Bengal, India – 700016.