Nilgiri Mercantiles Pvt. Ltd.
About Nilgiri Mercantiles Pvt. Ltd.
Data last updated:
Nilgiri Mercantiles Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 27 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U66190WB1992PTC054543.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors including Khushboo Agrawal and Satyanarayan Agrawal.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5F Everest 46/C Chowringhee Road P.S. Shakespeare Sarani, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.13 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹32.7 Lakh (net margin 51.8%) and EBITDA of ₹55.03 Lakh (EBITDA margin 87.2%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 93% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nilgiri Mercantiles has one previous CIN (Corporate Identification Number): U51505WB1992PTC054543. The current CIN is U66190WB1992PTC054543, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190WB1992PTC054543 | Current |
| U51505WB1992PTC054543 | Previous |
Contact details
Nilgiri Mercantiles Pvt. Ltd.'s registered office is in Kolkata, West Bengal.
- Registered Address5F Everest 46/C Chowringhee Road P.S. Shakespeare Sarani, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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 Nilgiri Mercantiles is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nilgiri Mercantiles Pvt. Ltd., buy the company report.
Financials of Nilgiri Mercantiles Pvt. Ltd.
FY 2025 filings availableNilgiri Mercantiles Pvt. Ltd. reported revenue of ₹63.13 Lakh (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 93% over five years, including 39% growth in the latest year. EBITDA rose 30% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹55.03 Lakh | ||||
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| Net Profit (PAT) | ₹32.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.2% | ||||
| Net Profit Margin | 51.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nilgiri Mercantiles Pvt. Ltd., buy the company report.
Board of directors of Nilgiri Mercantiles Pvt. Ltd.
Nilgiri Mercantiles has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushboo Agrawal Also directs: River Valley Flour Mills Private Limited | Director | 08 Sep 2025 | 1 Years 2 Months | Current |
| Satyanarayan Agrawal Also directs: Ambe Agro Industries Private Limited, Maa Manokamna Agro Private Limited, Ambe Properties Private Limited and 3 more | Director | 08 Sep 2025 | 1 Years 2 Months | Current |
| Amit Agrawal Also directs: Ambe Agro Industries Private Limited, Maa Manokamna Agro Private Limited, Ambe Properties Private Limited and 5 more | Director | 08 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Nilgiri Mercantiles Pvt. Ltd. is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Icon Financial Services Pvt.Ltd. | ₹63.2 Lakh (FY 2024) | -38.0% | Kolkata, West Bengal, India | |||
| Lactose Vinimay Pvt Ltd | ₹63.15 Lakh (FY 2025) | 339.0% | Kolkata, West Bengal, India | |||
| Nilgiri Mercantiles Pvt. Ltd.this company | ₹63.13 Lakh (FY 2025) | ₹32.7 Lakh | 51.8% | 39.0% | Kolkata, West Bengal, India | |
| Kuber Trexim Pvt Ltd | ₹63.08 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Rsa Fincorp Private Limited | ₹63.04 Lakh (FY 2025) | 136.0% | Vadodara, Gujarat, India | |||
| Hifin Capital Private Limited | ₹62.91 Lakh (FY 2025) | 852.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nilgiri Mercantiles Pvt. Ltd., buy the company report.
Legal cases
Nilgiri Mercantiles Pvt. Ltd. has 2 court cases on record: 2 filed by Nilgiri Mercantiles. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Ms Assotech Ltd and 2 others | Disposed |
| Calcutta High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Nilgiri Mercantiles 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 Nilgiri Mercantiles Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nilgiri Mercantiles Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nilgiri Mercantiles Pvt. Ltd. has 16 board changes on record since 2014: 3 appointments and 13 cessations. The latest: Amit Agrawal ceased to be Additional Director on 10 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
Nilgiri Mercantiles is an active private limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 27 February 1992 (34+ years old) and is registered under CIN U66190WB1992PTC054543.
Nilgiri Mercantiles has 3 current directors:
- Khushboo Agrawal - Director
- Satyanarayan Agrawal - Director
- Amit Agrawal - Director
The latest financial statements of Nilgiri Mercantiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nilgiri Mercantiles is U66190WB1992PTC054543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nilgiri Mercantiles has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Nilgiri Mercantiles was incorporated on 27 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Nilgiri Mercantiles by revenue are Icon Financial Services Pvt.Ltd, Lactose Vinimay Pvt Ltd, Kuber Trexim Pvt Ltd, Rsa Fincorp Private Limited, Hifin Capital Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Amit Agrawal ceased to be Additional Director on 10 Sep 2025. Khushboo Agrawal ceased to be Additional Director on 10 Sep 2025. Satyanarayan Agrawal ceased to be Additional Director on 10 Sep 2025. Nilgiri Mercantiles has 16 board changes on record in total.
The registered office of Nilgiri Mercantiles is at 5F Everest 46C Chowringhee Road P.S. Shakespeare Sarani, Kolkata, West Bengal, India – 700012.
Nilgiri Mercantiles operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Nilgiri Mercantiles is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
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