
Qba Mercantile Private Limited
About Qba Mercantile Private Limited
Data last updated:
Qba Mercantile Private Limited is a private limited company based in Delhi, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 20 October 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL2022PTC406154.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hema Gulati and Vaibhav Gulati.
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 51 – C Lig Flat Gulabi Bagh, Delhi, India – 110007.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.07 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹75.33 Lakh (net margin 2.8%) and EBITDA of ₹86.5 Lakh (EBITDA margin 3.2%).
Company details
Contact details
Qba Mercantile Private Limited's registered office is in Delhi, Delhi.
- Registered Address51 – C Lig Flat Gulabi Bagh, Delhi, India – 110007
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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 Qba Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Qba Mercantile Private Limited, buy the company report.
Financials of Qba Mercantile Private Limited
FY 2025 filings availableQba Mercantile Private Limited reported revenue of ₹27.07 Cr (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 69% in the latest year. EBITDA rose 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹86.5 Lakh | ||
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| Net Profit (PAT) | ₹75.33 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | 3.2% | ||
| Net Profit Margin | 2.8% | ||
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To see the full financial statements and ratios of Qba Mercantile Private Limited, buy the company report.
Board of directors of Qba Mercantile Private Limited
Qba Mercantile has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Gulati | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
| Vaibhav Gulati Also directs: S.A.N Greenaxis Resources LLP | Director | 20 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Qba Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RSD Forex and Travels Private Limited | ₹27.16 Cr (FY 2024) | 341.0% | Kolkata, West Bengal, India | |||
| Nareshwar Impex Private Limited | ₹27.14 Cr (FY 2025) | 116.0% | Surat, Gujarat, India | |||
| Luvkesh Textile Industries Pvt Ltd | ₹27.13 Cr (FY 2025) | -67.0% | Mumbai, Maharashtra, India | |||
| Ramson Health Care Private Limited | ₹27.13 Cr (FY 2025) | 33.0% | Bangalore, Karnataka, India | |||
| Sunrise Info Solutions Private Limited | ₹27.13 Cr (FY 2024) | 15.0% | Mumbai, Maharashtra, India | |||
| Qba Mercantile Private Limitedthis company | ₹27.07 Cr (FY 2025) | ₹75.33 Lakh | 2.8% | 69.0% | Delhi, India | |
| Remi Chem (India) Pvt Ltd | ₹27.02 Cr (FY 2025) | 76.0% | Mumbai, Maharashtra, India | |||
| Scorpius Stone Private Limited | ₹27.01 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Shri Anandeshwar Preservations Private Limited | ₹26.9 Cr (FY 2024) | 9.0% | Kanpur, Uttar Pradesh, India | |||
| Rallison Paints Private Limited | ₹26.88 Cr (FY 2025) | 1058.0% | Karnal, Haryana, India | |||
| Harbans Singh Tara Singh Private Limited | ₹26.8 Cr (FY 2025) | 50.0% | Mohali, Punjab, India |
To see the full peer comparison of Qba Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qba Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qba Mercantile Private Limited; 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 Qba Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Qba Mercantile Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Hema Gulati was appointed as Director on 20 Oct 2022.
Frequently asked questions
Qba Mercantile is an active private limited company based in Delhi, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 20 October 2022 (4+ years old) and is registered under CIN U25209DL2022PTC406154.
Qba Mercantile has 2 current directors:
- Hema Gulati - Director
- Vaibhav Gulati - Director
The latest financial statements of Qba Mercantile 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Qba Mercantile is U25209DL2022PTC406154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qba Mercantile was incorporated on 20 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Qba Mercantile by revenue are RSD Forex and Travels Private Limited, Nareshwar Impex Private Limited, Luvkesh Textile Industries Pvt Ltd, Ramson Health Care Private Limited, Sunrise Info Solutions Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Hema Gulati was appointed as Director on 20 Oct 2022. Vaibhav Gulati was appointed as Director on 20 Oct 2022.
The registered office of Qba Mercantile is at 51 – C Lig Flat Gulabi Bagh, Delhi, India – 110007.
Qba Mercantile operates in the environment industry, in the waste management and recycling solutions segment.
Qba Mercantile can be reached at its registered office: 51 – C Lig Flat Gulabi Bagh, Delhi, India – 110007.
Qba Mercantile is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.

