About PL Wealth Private Limited
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PL Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Prabhudas Lilladher Advisory Services Private Limited. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 20 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC186000. Its GSTIN is 27AAECP7953L1ZS (Maharashtra).
The company has an authorised share capital of ₹5.3 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Pl Distribution Company Private Limited. It is led by directors including Sandip Suresh Raichura and Rupesh Jagdish Agrawal.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.86 Cr (net margin 27.3%) and EBITDA of ₹7.42 Cr (EBITDA margin 34.6%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years and 98% over five years.
As per MCA filings, the company has satisfied charges of ₹63.9 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 plindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor Sadhana House 570 P.B.Marg Behind Mahindra Tower Wo, Rli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Financial Product Distributors
- 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
Business Activity of PL Wealth Private Limited
The main business activity of PL Wealth is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | 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 PL Wealth Private Limited FY 2025 filings available
PL Wealth Private Limited reported revenue of ₹21.43 Cr (up 613% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of PL Wealth Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 613% growth 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 PL Wealth 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 | ₹7.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.86 Cr | •••• | •••• | •••• | •••• |
| 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 PL Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.3% | •••• | •••• | •••• | •••• |
| 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 PL Wealth 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 PL Wealth Private Limited
PL Wealth Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lok Management Services Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Phonepe Wealth Broking Private Limited | •••• | •••• | •••• | •••• | 236 | Bangalore South, Karnataka, India |
| Banksathi Technologies and Insurance Corporate Agency Private Limited | •••• | •••• | •••• | •••• | 12 | New Delhi, Delhi, India |
| DBFS Securities Limited | •••• | •••• | •••• | •••• | 87 | Tambaram, Tamil Nadu, India |
| Safal Capital Services Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| PL Wealth Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Abc Overseas Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Om Apex Investment Services Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Helix Consultants Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Peerless Financial Products Distribution Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Angel One Wealth Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below PL Wealth by revenue in the BFSI industry (Financial Instrument Distributors), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of PL Wealth Private Limited
PL Wealth Private Limited is audited by Talati and Talati LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Talati and Talati LLP | 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 PL Wealth Private Limited
PL Wealth has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Suresh Raichura | Director | 15 Nov 2022 | 3 Years 10 Months | Current |
| Rupesh Jagdish Agrawal | Director | 21 Nov 2022 | 3 Years 10 Months | Current |
| Amisha Niraj Vora Also directs: Prabhudas Lilladher Ifsc Private Limited, Prabhudas Lilladher Private Limited, PL Capital Markets Private Limited and 4 more | Director | 22 Mar 2012 | 14 Years 6 Months | Current |
| Shaili Siddharth Vora Also directs: Facile Engineering Private Limited, Probity Mercantile Private Limited, HNR Finance Private Limited and 3 more | Director | 15 Nov 2022 | 3 Years 10 Months | Current |
| Zarin Bomi Daruwala | Additional Director | 14 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of PL Wealth 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 PL Wealth Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2010 | Idbi Trusteeship Services Limited | ₹63.9 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at PL Wealth Private Limited
Employment history and EPFO contributions of people linked to PL Wealth.
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 PL Wealth Private Limited
PL Wealth Private Limited has 17 board changes on record since 2009: 6 appointments and 11 cessations. The latest: Zarin Bomi Daruwala was appointed as Additional Director on 14 Oct 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for PL Wealth 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 PL Wealth 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 PL Wealth 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 PL Wealth Private Limited
PL Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP7953L1ZS | Maharashtra | 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 PL Wealth 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 PL Wealth Private Limited
PL Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 20 August 2008 (18+ years old) and is registered under CIN U74140MH2008PTC186000.
PL Wealth reported revenue of ₹21.43 Cr for FY 2025 (up 613% YoY).
PL Wealth has 5 current directors:
- Sandip Suresh Raichura - Director
- Rupesh Jagdish Agrawal - Director
- Amisha Niraj Vora - Director
- Shaili Siddharth Vora - Director
- Zarin Bomi Daruwala - Additional Director
PL Wealth reported a net profit of ₹5.86 Cr (net margin 27.3%) and EBITDA of ₹7.42 Cr (EBITDA margin 34.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of PL Wealth is 166% over three years and 98% over five years. In the latest year (FY 2025) revenue rose 613%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of PL Wealth is 27AAECP7953L1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of PL Wealth is U74140MH2008PTC186000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PL Wealth was incorporated on 20 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of PL Wealth by revenue are Lok Management Services Private Limited, Phonepe Wealth Broking Private Limited, Banksathi Technologies and Insurance Corporate Agency Private Limited, DBFS Securities Limited, Safal Capital Services Private Limited and 5 more, all in the BFSI industry (Financial Instrument Distributors).
Zarin Bomi Daruwala was appointed as Additional Director on 14 Oct 2025. Rupesh Jagdish Agrawal ceased to be Additional Director on 13 Sep 2023. Sandip Suresh Raichura ceased to be Additional Director on 13 Sep 2023. PL Wealth has 17 board changes on record in total.
PL Wealth can be reached through the website plindia.com. Its registered office is in Mumbai, Maharashtra, India.