Navin Mercantile Pvt Ltd
About Navin Mercantile Pvt Ltd
Data last updated:
Navin Mercantile Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 05 December 1983.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U29308WB1983PTC036981. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.64 Lakh. It was led by directors Pravin Agarwal and Rita Agarwal.
Its last annual general meeting (AGM) was held on 13 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 80/1B Phears Lane, Kolkata, West Bengal, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.8 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 69%) and EBITDA of ₹2.5 Cr (EBITDA margin 89.5%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years and 74% over five years.
As per MCA filings, the company had open charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Navin Mercantile Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address80/1B Phears Lane, Kolkata, West Bengal, India
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Navin Mercantile Pvt Ltd, 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 Navin Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Navin Mercantile Pvt Ltd, buy the company report.
Financials of Navin Mercantile Pvt Ltd
FY 2023 filings availableNavin Mercantile Pvt Ltd reported revenue of ₹2.8 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 10% growth in the latest year. EBITDA rose 102% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.8 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.93 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.5% | ||||
| Net Profit Margin | 69% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Navin Mercantile Pvt Ltd, buy the company report.
Board of directors of Navin Mercantile Pvt Ltd
Navin Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Agarwal Also directs: Ser (Transport) Pvt Ltd | Director | 16 May 2002 | 24 Years 5 Months | As last reported |
| Rita Agarwal Also directs: Ser (Transport) Pvt Ltd | Director | 31 Jan 2018 | 8 Years 8 Months | As last reported |
Auditor
Navin Mercantile Pvt Ltd is audited by SEKSARIA SARAF AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEKSARIA SARAF AND ASSOCIATES | FY 2023 | 0324492E |
Shareholding
The shareholding of Navin Mercantile Pvt Ltd 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Navin Mercantile Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2023 | 100678751 | Axis Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Navin Mercantile Pvt Ltd has 1 court case on record: 1 filed by Navin Mercantile. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Navin Mercantile Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navin Mercantile Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Navin Mercantile has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Navin Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Navin Mercantile Pvt Ltd, buy the company report.
Recent activity
Navin Mercantile Pvt Ltd has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Rita Agarwal ceased to be Additional Director on 08 Nov 2021.
Frequently asked questions
Navin Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Navin Mercantile was a private limited company based in Kolkata, West Bengal, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 05 December 1983 and is registered under CIN U29308WB1983PTC036981. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Navin Mercantile was incorporated on 05 December 1983. It is registered with the Registrar of Companies, Kolkata.
Navin Mercantile had 2 directors:
- Pravin Agarwal - Director
- Rita Agarwal - Director
The CIN (Corporate Identification Number) of Navin Mercantile is U29308WB1983PTC036981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Navin Mercantile is at 801B Phears Lane, Kolkata, West Bengal, India.
The latest financial statements of Navin Mercantile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 13 September 2023. Year-wise statements from 2015 are in the company report.
No. Navin Mercantile has 1 GST registration on record and it is cancelled or inactive.
Navin Mercantile operated in the business outsourcing industry, in the business and IT consulting segment.
Navin Mercantile has 1 court case on record: 1 filed by the company.