About Profitmart Securities Private Limited
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Profitmart Securities Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2011PTC217211. Its GSTIN is 27AAHCM1771E1ZJ (Maharashtra). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹91.8 Lakh. It was formerly known as M3 Multiple Securities Brokers Private Limited. It is led by directors including Niranjan Gopal Mahajan and Rakesh Prakash Sonawane.
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 Unit No. 213 Opal Square Plot No. C – 1 Thane East, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.58 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹8.02 Cr (net margin 10.2%) and EBITDA of ₹16.38 Cr (EBITDA margin 20.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ProfitMart. As per MCA filings, the company has open charges of ₹165 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 9 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.67 Cr; the latest was in March 2021. Its 3 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 1 smaller; the largest is HJS Securities Private Limited with revenue of ₹79.32 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website profitmart.in.
Company details
Contact details
Profitmart Securities Private Limited's registered office is in Thane, Maharashtra. Its website is profitmart.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressUnit No. 213 Opal Square Plot No. C – 1 Thane East, Maharashtra, India – 400604
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Profitmart Securities Private Limited, 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
Brands
Profitmart Securities operates one associated brand: ProfitMart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of online trading platforms and investment products | profitmart.in |
Business activity
The main business activity of Profitmart Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Profitmart Securities Private Limited, buy the company report.
Financials of Profitmart Securities Private Limited
FY 2025 filings availableProfitmart Securities Private Limited reported revenue of ₹78.58 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 25% 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 | ₹16.38 Cr | ||||
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| Net Profit (PAT) | ₹8.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 20.8% | ||||
| Net Profit Margin | 10.2% | ||||
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To see the full financial statements and ratios of Profitmart Securities Private Limited, buy the company report.
Board of directors of Profitmart Securities Private Limited
Profitmart Securities has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjan Gopal Mahajan Also directs: Vivaan Associates LLP, Zivaansh Technologies LLP, Great Oasis Enterprises LLP and 5 more | Director | 14 Aug 2015 | 11 Years 2 Months | Current |
| Rakesh Prakash Sonawane | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Ramanathan Kannadasan Yesudasan | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
Profitmart Securities Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HJS Securities Private Limited | ₹79.32 Cr (FY 2024) | 31676.0% | Rajkot, Gujarat, India | |||
| BP Equities Private Limited | ₹79.14 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Profitmart Securities Private Limitedthis company | ₹78.58 Cr (FY 2025) | ₹8.02 Cr | 10.2% | -14.0% | 89 | Thane, Maharashtra, India |
| Rikroll India Private Limited | ₹78.39 Cr (FY 2024) | 2624.0% | New Delhi, Delhi, India |
To see the full peer comparison of Profitmart Securities Private Limited, buy the company report.
Auditor
Profitmart Securities Private Limited is audited by SHAH KAPADIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH KAPADIA & ASSOCIATES | FY 2023 | 132378W |
Shareholding
The shareholding of Profitmart Securities Private Limited 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 Profitmart Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100923014 | Others | ₹5 Cr | Open | |
| 15 Sep 2020 | 100376294 | Axis Bank Limited | ₹160 Cr | Open |
To see the full charge records of Profitmart Securities Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Profitmart Securities Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.67 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2017 | Rights issue | ₹69 Lakh | Investors: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Kailash S. Jain HUF, Paras S. Jain HUF, 2 individuals |
| Sep 2012 | Funding round | ₹30 Lakh | Investors: 3 individuals |
To see the full deal history of Profitmart Securities Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Profitmart Securities Private Limited has 13 court cases on record: 5 filed by Profitmart Securities, 8 filed against it. 9 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 8 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against Sobre El Cielo Pvt Ltd. | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Axis Bank Ltd., Chandra and 2 others | Disposed |
| District court, Dewas, Madhya Pradesh | Court case (UN CR) | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by an individual | Pending |
| District court, Meerut, Uttar Pradesh | Criminal case | Filed against the company | Pending |
To see the full case history of Profitmart Securities Private Limited, 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 Profitmart Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Profitmart Securities Private Limited has a workforce of 89 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Profitmart Securities has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM1771E1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Profitmart Securities Private Limited, buy the company report.
Recent activity
Profitmart Securities Private Limited has 13 board changes on record since 2011: 8 appointments and 5 cessations. The latest: Nayan Subhash Bhandari ceased to be Director on 22 May 2024.
7 earlier events are in the company report.
Frequently asked questions
Profitmart Securities is an active private limited company based in Thane, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 09 May 2011 (15+ years old) and is registered under CIN U65990MH2011PTC217211.
Profitmart Securities has 3 current directors:
- Niranjan Gopal Mahajan - Director
- Rakesh Prakash Sonawane - Director
- Ramanathan Kannadasan Yesudasan - Director
The latest financial statements of Profitmart Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Profitmart Securities is 27AAHCM1771E1ZJ, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Profitmart Securities is U65990MH2011PTC217211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Profitmart Securities has 13 court cases on record: 5 filed by the company and 8 filed against it. 9 are pending. Most are in the district courts.
Profitmart Securities was incorporated on 09 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Profitmart Securities has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.67 Cr; the latest was in March 2021.
The peers of Profitmart Securities by revenue are HJS Securities Private Limited, BP Equities Private Limited, Rikroll India Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Nayan Subhash Bhandari ceased to be Director on 22 May 2024. Haroon Mohammed Abu Kazi ceased to be Additional Director on 04 Aug 2017. Haroon Mohammed Abu Kazi was appointed as Additional Director on 30 Mar 2017. Profitmart Securities has 13 board changes on record in total.
Profitmart Securities can be reached through the website profitmart.in. Its registered office is in Thane, Maharashtra, India.