MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0078701
Nafex Bureau Private Limited - financial services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.12 Lakh
▼ 48% YoY
Net profit · FY 2024
₹27.03 Lakh
Net margin 89.7%
EBITDA · FY 2024
₹27.24 Lakh
EBITDA margin 90.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
8
Provident fund records
Directors on board
2
As per MCA filings
About Nafex Bureau Private Limited
Data last updated:
Nafex Bureau Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC072939. Its GSTIN is 29AAECN5655K1ZX (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Anniesathya Kumar and Jeethmal Mutha.
Its last annual general meeting (AGM) was held on 09 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.31(579) 10th Main 32nd D Cross 4th Block Jayanagar, Bengaluru, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.12 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹27.03 Lakh (net margin 89.7%) and EBITDA of ₹27.24 Lakh (EBITDA margin 90.4%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 4% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nafex. The company has 1 deal on record (1 funding round), with disclosed funding of ₹49 Lakh; the latest was in September 2014. Its 10 peer companies in the BFSI industry (Money Exchange Services) are compared by revenue, 5 larger and 5 smaller; the largest is A.K.S.S. Forex Private Limited with revenue of ₹32.27 Lakh.
Nafex Bureau Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0078701). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nafex.com.
Company Details of Nafex Bureau Private Limited
CIN U74900KA2014PTC072939
Registration Number 072939
Incorporation Date 08 January 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0078701
Recognitions & Rankings of Nafex Bureau
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressNo.31(579) 10th Main 32nd D Cross 4th Block Jayanagar, Bengaluru, Karnataka, India – 560011
- IndustryFinancial Services, Forex Services
Comprehensive company report
Nafex Bureau Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Nafex Bureau Private Limited
The main business activity of Nafex Bureau 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 |
Premium access
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 Nafex Bureau Private Limited FY 2025 filings available
Nafex Bureau Private Limited reported revenue of ₹30.12 Lakh (down 48% YoY) for FY 2024.
Revenue · FY 2024
₹30.12 Lakh ▼ 48%
Net profit · FY 2024
₹27.03 Lakh margin 89.7%
EBITDA · FY 2024
₹27.24 Lakh margin 90.4%
Compounded Annual Growth Rate (CAGR) of Nafex Bureau Private Limited
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 70%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 108%
5 years · compounded
▲ 20%
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 51% 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 Nafex Bureau Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹27.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.03 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 Nafex Bureau Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 89.7% | •••• | •••• | •••• | •••• |
| 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 Nafex Bureau are in the company report.
Premium access
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.
Board of Directors of Nafex Bureau Private Limited
Nafex Bureau has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anniesathya Kumar Also directs: Vidhyasaarathi LLP | Director | 08 Jan 2014 | 12 Years 9 Months | Current |
| Jeethmal Mutha | Director | 08 Jan 2014 | 12 Years 9 Months | Current |
Peer Comparison of Nafex Bureau Private Limited
Nafex Bureau 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 |
|---|---|---|---|---|---|---|
| A.K.S.S. Forex Private Limited | ₹32.27 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| CSK Forex Private Limited | ₹30.88 Lakh (FY 2022) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Welcome Forex Private Limited | ₹30.8 Lakh (FY 2024) | •••• | •••• | -57.0% | •••• | Chennai, Tamil Nadu, India |
| Bold Forex N Travel Private Limited | ₹30.74 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Blue Sky Money Changer Private Limited | ₹30.43 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Nafex Bureau Private Limited this company | ₹30.12 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Bengaluru, Karnataka, India |
| Travel Club Forex Limited | ₹29.79 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
| Atluri Travel Air Forex Private Limited | ₹29.51 Lakh (FY 2023) | •••• | •••• | 418.0% | •••• | Hyderabad, Telangana, India |
| Hiwi Forex Transaction Services Private Limited | ₹28.83 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Coinex Forex Services Private Limited | ₹28.83 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Thaver Forex Private Limited | ₹28.67 Lakh (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nafex Bureau 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 Nafex Bureau Private Limited
Nafex Bureau Private Limited is audited by SANTHAPPA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANTHAPPA & CO | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Nafex Bureau Private Limited
Premium access
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 Nafex Bureau Private Limited
Nafex Bureau Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Nafex Bureau Private Limited
Nafex Bureau Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹49 Lakh; the latest was in September 2014.
Total deals
1
Funding round
1
Disclosed funding
₹49 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Funding round | ₹49 Lakh | Investors: 2 individuals |
Premium access
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Nafex Bureau Private Limited
Nafex Bureau Private Limited has a workforce of 8 employees as of Apr 05, 2024.
Employee count
8
Active EPFO establishments
1
Employee growth
-46.67%
Premium access
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 Nafex Bureau Private Limited
Nafex Bureau Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Anniesathya Kumar was appointed as Director on 08 Jan 2014.
AGM
Nafex Bureau Private Limited last Annual general meeting of members was held on 09 Oct 2025 as per latest MCA records.
Filing
Nafex Bureau Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Anniesathya Kumar was appointed as Director.
Appointed
Jeethmal Mutha was appointed as Director.
Incorporation
08 Jan 2014
Nafex Bureau Private Limited was registered on 08 Jan 2014 with Roc Bangalore & aged 12 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Nafex Bureau Private Limited
Premium access
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 Nafex Bureau Private Limited
Premium access
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 Nafex Bureau Private Limited
Premium access
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 Nafex Bureau Private Limited
Nafex Bureau has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN5655K1ZX | Karnataka | Active | 01 Jul 2017 |
Premium access
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 Nafex Bureau Private Limited
Premium access
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.
Related news about Nafex Bureau Private Limited
Frequently Asked Questions about Nafex Bureau Private Limited
Nafex Bureau is an active private limited company based in Bengaluru, Karnataka, India. The company works in forex services, within the financial services industry. It was incorporated on 08 January 2014 (12+ years old) and is registered under CIN U74900KA2014PTC072939.
Nafex Bureau reported revenue of ₹30.12 Lakh for FY 2024 (down 48% YoY).
Nafex Bureau has 2 current directors:
- Anniesathya Kumar - Director
- Jeethmal Mutha - Director
Nafex Bureau reported a net profit of ₹27.03 Lakh (net margin 89.7%) and EBITDA of ₹27.24 Lakh (EBITDA margin 90.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nafex Bureau is 70% over three years and 4% over five years. In the latest year (FY 2024) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nafex Bureau is 29AAECN5655K1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Nafex Bureau is U74900KA2014PTC072939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nafex Bureau was incorporated on 08 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Nafex Bureau has 1 deal on record (1 funding round), with disclosed funding of ₹49 Lakh; the latest was in September 2014.
The peers of Nafex Bureau by revenue are A.K.S.S. Forex Private Limited, CSK Forex Private Limited, Welcome Forex Private Limited, Bold Forex N Travel Private Limited, Blue Sky Money Changer Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Anniesathya Kumar was appointed as Director on 08 Jan 2014. Jeethmal Mutha was appointed as Director on 08 Jan 2014.