N.C.L.Research And Financial Services Ltd. - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1985.

1985 Mumbai, Maharashtra, India Active

Last Updated: December 30, 2025

About N.C.L.Research And Financial Services Ltd.

N.C.L.Research And Financial Services Ltd., a active public limited company, was established on 04 February 1985 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: L65921MH1985PLC284739. Registered under ROC Roc Mumbai. it is listed on BSE: 530557. It has an authorized capital of ₹109.00 Cr and a paid-up capital of ₹107.03 Cr.

Formerly known as Navneet Commercial Company Limited. It upholds a compliant status. In 2023, it reported revenue of ₹3.96 Cr and a net worth of ₹124.12 Cr. Its leadership includes Swagata Dasgupta (Director), Sudipta Bhattacharya (Director), Haimonti Das (Director). Past directors included Jai Narayan Gupta, Swagata Dasgupta, Madhu Poonamchand Dharewa. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 208, 2Nd Floor, 212, West Wing, Tulsiani Chambers,, Free Press Journal Marg,, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
L65921MH1985PLC284739
Registration Number
284739
Incorporation Date
04 February 1985
Authorized Capital
₹109.00 Cr
Paid-Up Capital
₹107.03 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 530557)
Company Status
Active

Key Metrics

Authorised Capital ₹ 109.00 Cr as on 30-12-2025
Paid Up Capital ₹ 107.03 Cr as on 30-12-2025
Company Age 41 Year, 14 Days
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 100.99% (FY 2023)
Profit Growth **** -42.46% (FY 2023)
Ebitda **** -22.43% (FY 2023)
Net Worth 97.05% (FY 2023)
Total Assets **** 100.70% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into N.C.L.Research And Financial Services Ltd. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at N.C.L.Research And Financial Services Ltd.?

Current Directors

Name	Designation	Appointment Date	Status
Swagata Dasgupta	Director	12 Feb 2022	Current
Sudipta Bhattacharya	Director	11 Oct 2022	Current
Haimonti Das	Director	11 Oct 2022	Current
Rajeswari Bangal	Director	12 Feb 2022	Current
Goutam Bose	Managing Director	25 Jul 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	17 Apr 2009	Past
Pramod Abcsdd	Additional Director	22 Apr 2022	Past
Pramod Abcsdd	Company Secretary	15 Oct 2016	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Additional Director	15 Dec 2022	Past
Pramod Abcsdd	Additional Director	15 Dec 2022	Past

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Financial Performance of N.C.L.Research And Financial Services.

N.C.L.Research And Financial Services Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 100.99% increase. The company also saw a substantial fall in profitability, with a 42.46% decrease in profit. The company's net worth Soared by an impressive increase of 97.05%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

100.99%

*******

Revenue from Operations

*******

104.14%

*******

Total Assets

*******

100.70%

*******

Profit or Loss

*******

-42.46%

*******

Net Worth

*******

97.05%

*******

EBITDA

*******

-22.43%

*******

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What is the Ownership and Shareholding Structure of N.C.L.Research And Financial Services?

In 2022, N.C.L.Research And Financial Services had a promoter holding of 2.79% and a public holding of 97.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at N.C.L.Research And Financial Services?

Unlock and access historical data on people associated with N.C.L.Research And Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of N.C.L.Research And Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped N.C.L.Research And Financial Services's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on N.C.L.Research And Financial Services

Recent Activity within the Organization

Annual General Meeting

The activity N.C.L.Research And Financial Services Ltd. last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
Balance Sheet

Progress on N.C.L.Research And Financial Services Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

The activity Sudipta Bhattacharya was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 3 years 4 months . was completed.
11 Oct 2022
Director Appointment

Progress on Haimonti Das was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 3 years 4 months . was documented.
11 Oct 2022
Director Appointment

Swagata Dasgupta was appointed as a Director was appointed as a Director on 12 Feb 2022 & has been associated with this company since 4 years 6 days . was recorded as a recent event.
12 Feb 2022
Director Appointment

Progress on Pravin Pandurang Talwatkar was appointed as a CFO was appointed as a CFO on 12 Feb 2022 & has been associated with this company since 4 years 6 days . was documented.
12 Feb 2022

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