About Nikhil Commodity and Derivatives Private Limited
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Nikhil Commodity and Derivatives Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 18 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51398MP2005PTC017793. Its GSTIN is 23AACCN1699M1Z3 (Madhya Pradesh).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹38.75 Lakh. It was formerly known as Nikhil Comdex Private Limited. It is led by directors including Jai Desai and Niranjan Desai.
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 401 Princess Empire 12 Race Course Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.78 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Lakh (net margin 14.1%) and EBITDA of ₹6.08 Lakh (EBITDA margin 20.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 32% over five years.
The company is associated with 1 brand: Nikhil Commodities. As per MCA filings, the company has open charges of ₹10.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikhilgroup.co.in.
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- Website
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- Registered Address401 Princess Empire 12 Race Course Road, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Brokerage & Trading 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
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Business Activity of Nikhil Commodity and Derivatives Private Limited
The main business activity of Nikhil Commodity and Derivatives is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Nikhil Commodity and Derivatives Private Limited FY 2025 filings available
Nikhil Commodity and Derivatives Private Limited reported revenue of ₹29.78 Lakh (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nikhil Commodity and Derivatives Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 25% fall in the latest year. EBITDA fell 19% 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 Nikhil Commodity and Derivatives 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 | ₹6.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.21 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 Nikhil Commodity and Derivatives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.1% | •••• | •••• | •••• | •••• |
| 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 Nikhil Commodity and Derivatives 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 Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking 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 |
|---|---|---|---|---|---|---|
| Aditi Commodities Private Limited | ₹29.84 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Zoroy Enterprise Private Limited | ₹29.82 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| Amd Financial Services Private Limited | ₹29.8 Lakh (FY 2024) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Karkala Investments Private Limited | ₹29.79 Lakh (FY 2024) | •••• | •••• | -87.0% | •••• | Mangalore, Karnataka, India |
| Prosperity Metals Private Limited | ₹29.78 Lakh (FY 2017) | •••• | •••• | 43.0% | •••• | Nallasopara, Maharashtra, India |
| Nikhil Commodity and Derivatives Private Limited this company | ₹29.78 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Indore, Madhya Pradesh, India |
| Srinika Securities Private Limited | ₹29.73 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Pune, Maharashtra, India |
| Elegant Equity Private Limited | ₹29.69 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Rajkot, Gujarat, India |
| Lotus Trading Strategies Private Limited | ₹29.65 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Mahek Stock Broking Services Private Limited | ₹29.65 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Mithapur, Gujarat, India |
| India Pepper and Spice Trade Association | ₹29.63 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Nikhil Commodity and Derivatives by revenue in the BFSI industry (Broking 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 Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives Private Limited is audited by Arora Banthia & Tulsiyan for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Arora Banthia & Tulsiyan | 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 Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Desai Also directs: Madhuri Refiners Private Limited, Bright Agritrade LLP, Om Niranjan Luxury LLP and 2 more | Director | 18 Jul 2005 | 21 Years 2 Months | Current |
| Niranjan Desai Also directs: Rama International Trade LLP, Madhuri Refiners Private Limited | Director | 18 Jul 2005 | 21 Years 2 Months | Current |
| Nirav Niranjan Desai Also directs: Rama International Trade LLP, Bright Agritrade LLP, Delight Sustainable Products LLP and 3 more | Director | 18 Jul 2005 | 21 Years 2 Months | Current |
Ownership and Shareholding of Nikhil Commodity and Derivatives 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 Nikhil Commodity and Derivatives Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2016 | Others | ₹6 Cr | Open |
| 27 May 2015 | Others | ₹4 Cr | Open |
| 01 Sep 2009 | Hdfc Bank Limited | ₹4.7 Lakh | Open |
Total charge records: 3 View all charges
Associated Brands with Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives operates one associated brand: Nikhil Commodities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agro commodity broking, hedge advisory, and research services in India. | nikhilgroup.co.in |
Employees and EPFO Compliance at Nikhil Commodity and Derivatives Private Limited
Employment history and EPFO contributions of people linked to Nikhil Commodity and Derivatives.
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 Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Jai Desai was appointed as Director on 18 Jul 2005.
Credit Ratings, Litigation & Regulatory Alerts for Nikhil Commodity and Derivatives 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 Nikhil Commodity and Derivatives 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 Nikhil Commodity and Derivatives 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 Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCN1699M1Z3 | Madhya Pradesh | 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 Nikhil Commodity and Derivatives 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 Nikhil Commodity and Derivatives Private Limited
Nikhil Commodity and Derivatives is an active private limited company based in Indore, Madhya Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 18 July 2005 (21+ years old) and is registered under CIN U51398MP2005PTC017793.
Nikhil Commodity and Derivatives reported revenue of ₹29.78 Lakh for FY 2025 (down 25% YoY).
Nikhil Commodity and Derivatives has 3 current directors:
- Jai Desai - Director
- Niranjan Desai - Director
- Nirav Niranjan Desai - Director
Nikhil Commodity and Derivatives reported a net profit of ₹4.21 Lakh (net margin 14.1%) and EBITDA of ₹6.08 Lakh (EBITDA margin 20.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nikhil Commodity and Derivatives is -50% over three years and -32% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nikhil Commodity and Derivatives is 23AACCN1699M1Z3, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Nikhil Commodity and Derivatives is U51398MP2005PTC017793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Commodity and Derivatives was incorporated on 18 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Nikhil Commodity and Derivatives by revenue are Aditi Commodities Private Limited, Zoroy Enterprise Private Limited, Amd Financial Services Private Limited, Karkala Investments Private Limited, Prosperity Metals Private Limited and 5 more, all in the BFSI industry (Broking Services).
Jai Desai was appointed as Director on 18 Jul 2005. Niranjan Desai was appointed as Director on 18 Jul 2005. Nirav Niranjan Desai was appointed as Director on 18 Jul 2005.
Nikhil Commodity and Derivatives can be reached through the website nikhilgroup.co.in. Its registered office is in Indore, Madhya Pradesh, India.