About Quest Capital Markets Limited
Data last updated: 15 July 2026
Quest Capital Markets Limited is a public limited company based in Kolkata, West Bengal, India. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 17 April 1986, the company has been in operation for over 40 years.
Registered with ROC Kolkata under CIN L34202WB1986PLC040542. Listed on BSE: 500069.
Capital: an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹10 Cr. Formerly known as Bnk Capital Markets Ltd. It is led by directors including Rusha Mitra and Sunil Kumar Sanganeria.
Last AGM: 02 July 2025. Financial statements filed for year ended 31 March 2025. Office: Duncan House 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001.
As per BSE-filed standalone financials for FY 2024, the company reported a revenue of ₹26.46 Cr, a decline of 17.59% compared to the previous year. The net worth stands at ₹986.42 Cr (up 46.42% YoY). Total assets are valued at ₹1,035.79 Cr (up 48.36% YoY).
The company is associated with 1 brand - Quest Capital Markets. As per MCA filings, the company has satisfied charges of ₹93.87 Lakh 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 qcml.in.
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Registered AddressDuncan House 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001
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IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Quest Capital Markets Limited
Quest Capital Markets Limited has one previous CIN (Corporate Identification Number): U34202WB1986PLC040542. The current CIN is L34202WB1986PLC040542, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L34202WB1986PLC040542 | Current |
| U34202WB1986PLC040542 | Previous |
Associated Brands with Quest Capital Markets Limited
Quest Capital Markets Limited operates one associated brand: Quest Capital Markets. These brands represent Quest Capital Markets Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Financial services encompassing investment banking and advisory in India. | qcml.in |
Business Activity of Quest Capital Markets Limited
Quest Capital Markets Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Quest Capital Markets Limited
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Auditor Details of Quest Capital Markets Limited
Quest Capital Markets Limited is audited by Santosh Choudhary & Associates for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Santosh Choudhary & Associates | Locked | Locked | Locked |
Complete auditor history for Quest Capital Markets Limited
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Board of Directors of Quest Capital Markets Limited
Quest Capital Markets Limited is currently managed by 6 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Quest Capital Markets Limited FY 2024 filings available
Quest Capital Markets Limited reported revenue of ₹26.46 Cr (down 17.59% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹26.46 Cr | ₹32.1 Cr | ₹38.72 Cr | ₹45.85 Cr | ₹18.47 Cr | ₹6.01 Cr |
| Interest Earned | ₹5.56 Cr | ₹3.93 Cr | ₹5.28 Cr | ₹3.48 Cr | ₹3.47 Cr | - |
| Other Income | ₹16.19 Lakh | ₹3.46 Lakh | ₹41.49 Lakh | ₹3.18 Lakh | ₹16.73 Lakh | ₹12.7 Cr |
| Total Income | ₹26.62 Cr | ₹32.14 Cr | ₹39.14 Cr | ₹45.89 Cr | ₹18.63 Cr | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹7.65 Cr | ₹26.9 Cr | ₹5.18 Cr | ₹3.15 Cr |
| Changes in Inventories | ₹0 | ₹7.53 Cr | -₹14.24 Lakh | -₹4.9 Cr | ₹7.08 Lakh | -₹2.41 Cr |
| Employee Benefit Expense | ₹23.47 Lakh | ₹16.97 Lakh | ₹57.25 Lakh | ₹1.06 Cr | ₹1.04 Cr | ₹64.58 Lakh |
| Finance Costs | ₹4,000 | ₹15,000 | ₹1.7 Lakh | ₹5.18 Lakh | ₹5.84 Lakh | ₹6.13 Lakh |
| Depreciation & Amortisation | ₹7,000 | ₹19,000 | ₹12.11 Lakh | ₹26.99 Lakh | ₹30.96 Lakh | - |
| Other Expenses | ₹30.85 Lakh | ₹66.71 Lakh | ₹1.97 Cr | ₹2.05 Cr | ₹2.71 Cr | ₹2.81 Cr |
| Total Expenses | ₹54.43 Lakh | ₹8.37 Cr | ₹10.19 Cr | ₹25.43 Cr | ₹9.36 Cr | ₹4.35 Cr |
| Profit Before Exceptional Items & Tax | ₹26.08 Cr | ₹23.77 Cr | ₹28.95 Cr | ₹20.46 Cr | ₹9.27 Cr | - |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| Profit Before Tax | ₹26.08 Cr | ₹23.77 Cr | ₹28.95 Cr | ₹20.46 Cr | ₹9.27 Cr | ₹14.36 Cr |
| Total Tax Expense | ₹5.92 Cr | ₹4.9 Cr | ₹6.95 Cr | ₹5.55 Cr | ₹49.61 Lakh | ₹77.72 Lakh |
| Net Profit | ₹20.15 Cr | ₹18.86 Cr | ₹22 Cr | ₹14.9 Cr | ₹8.77 Cr | ₹13.58 Cr |
| Other Comprehensive Income | ₹295.1 Cr | -₹159.51 Cr | ₹314.52 Cr | ₹236.8 Cr | -₹220.75 Cr | - |
| Total Comprehensive Income | ₹315.25 Cr | -₹140.65 Cr | ₹336.52 Cr | ₹251.71 Cr | -₹211.97 Cr | - |
| EBITDA (computed) | ₹26.08 Cr | ₹23.77 Cr | ₹29.09 Cr | ₹20.78 Cr | ₹9.64 Cr | - |
| Basic EPS | ₹20.15 | ₹18.86 | ₹22.00 | ₹14.90 | ₹8.77 | - |
| Diluted EPS | ₹20.15 | ₹18.86 | ₹22.00 | ₹14.90 | ₹8.77 | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹1,035.79 Cr | ₹698.18 Cr | ₹857.53 Cr | ₹493.88 Cr | ₹231.93 Cr | ₹86.85 Cr |
| Non-current Assets | - | - | - | - | - | ₹39.16 Cr |
| Current Assets | - | - | - | - | - | ₹47.69 Cr |
| Property, Plant & Equipment | ₹4,000 | ₹11,000 | ₹30,000 | ₹60.36 Lakh | ₹82.85 Lakh | - |
| Inventories | ₹10 Lakh | ₹10 Lakh | ₹7.63 Cr | ₹7.49 Cr | ₹2.58 Cr | ₹2.67 Cr |
| Cash & Equivalents | ₹39.42 Lakh | ₹92.51 Lakh | ₹97.84 Lakh | ₹28.47 Cr | ₹5.7 Cr | ₹89,400 |
| Equity (Net Worth) | ₹986.42 Cr | ₹673.67 Cr | ₹816.82 Cr | ₹482.8 Cr | ₹231.1 Cr | - |
| Equity Share Capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | - |
| Current Liabilities | - | - | - | - | - | ₹4.06 Cr |
| Total Liabilities | ₹49.37 Cr | ₹24.5 Cr | ₹40.71 Cr | ₹11.08 Cr | ₹83.71 Lakh | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | ₹19.38 Cr | ₹14.87 Cr | -₹30.19 Cr |
| Investing Cash Flow | -₹17.41 Cr | -₹12.42 Cr | ₹5.2 Cr |
| Financing Cash Flow | -₹2.5 Cr | -₹2.5 Cr | -₹2.5 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹1.78 Lakh |
| Free Cash Flow (computed) | ₹19.38 Cr | ₹14.87 Cr | -₹30.21 Cr |
| Dividends Paid | ₹2.5 Cr | ₹2.5 Cr | ₹2.5 Cr |
| Net Change in Cash | -₹53.09 Lakh | -₹5.33 Lakh | -₹27.49 Cr |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹66.68 Lakh | ₹1.54 Cr | ₹1.44 Cr |
| Interest Earned | ₹55.83 Lakh | ₹65.07 Lakh | ₹1.07 Cr |
| Other Income | -₹6.56 Lakh | ₹0 | ₹13.6 Lakh |
| Total Income | ₹60.12 Lakh | ₹1.54 Cr | ₹1.57 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹5.81 Lakh | ₹7.78 Lakh | ₹5.32 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹1,000 | ₹0 | ₹1,000 |
| Other Expenses | ₹4.62 Lakh | ₹4.62 Lakh | ₹4.48 Lakh |
| Total Expenses | ₹10.44 Lakh | ₹12.4 Lakh | ₹10.62 Lakh |
| Profit Before Exceptional Items & Tax | ₹49.68 Lakh | ₹1.42 Cr | ₹1.47 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹49.68 Lakh | ₹1.42 Cr | ₹1.47 Cr |
| Total Tax Expense | ₹19.56 Lakh | ₹35.66 Lakh | ₹29.3 Lakh |
| Net Profit | ₹30.12 Lakh | ₹1.06 Cr | ₹1.17 Cr |
| Other Comprehensive Income | -₹262.23 Cr | ₹395.02 Cr | ₹252.33 Cr |
| Total Comprehensive Income | -₹261.93 Cr | ₹396.08 Cr | ₹253.5 Cr |
| EBITDA (computed) | ₹49.69 Lakh | ₹1.42 Cr | ₹1.47 Cr |
| Basic EPS | ₹0.30 | ₹1.06 | ₹1.17 |
| Diluted EPS | ₹0.30 | ₹1.06 | ₹1.17 |
| Segment · Q1 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Finance & Investments | ₹1.44 Cr | ₹1.47 Cr | ₹1,345.03 Cr | ₹105.22 Cr |
| Other Services | ₹0 | ₹0 | ₹0 | ₹3.13 Lakh |
| other/unallocated | ₹0 | ₹0 | ₹29.92 Lakh | ₹15.29 Lakh |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Finance & Investments | ₹26.46 Cr | ₹26.05 Cr | - | - |
| Metrics | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Revenue from Operations | ₹45.92 Cr | ₹18.56 Cr | ₹6.03 Cr |
| Interest Earned | ₹3.48 Cr | ₹3.48 Cr | - |
| Other Income | ₹3.18 Lakh | ₹16.73 Lakh | ₹12.77 Cr |
| Total Income | ₹45.95 Cr | ₹18.73 Cr | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹26.9 Cr | ₹5.18 Cr | ₹3.15 Cr |
| Changes in Inventories | -₹4.9 Cr | ₹7.08 Lakh | -₹2.41 Cr |
| Employee Benefit Expense | ₹1.08 Cr | ₹1.06 Cr | ₹66.59 Lakh |
| Finance Costs | ₹5.18 Lakh | ₹5.84 Lakh | ₹6.13 Lakh |
| Depreciation & Amortisation | ₹26.99 Lakh | ₹30.96 Lakh | - |
| Other Expenses | ₹2.07 Cr | ₹2.73 Cr | ₹2.85 Cr |
| Total Expenses | ₹25.46 Cr | ₹9.41 Cr | ₹4.41 Cr |
| Profit Before Exceptional Items & Tax | ₹20.49 Cr | ₹9.32 Cr | - |
| Exceptional Items | ₹0 | ₹0 | - |
| Profit Before Tax | ₹20.49 Cr | ₹9.32 Cr | ₹14.39 Cr |
| Total Tax Expense | ₹5.55 Cr | ₹50 Lakh | ₹77.72 Lakh |
| Net Profit | ₹15.99 Cr | ₹6.51 Cr | ₹13.83 Cr |
| attributable to Owners | ₹0 | ₹0 | - |
| attributable to NCI | ₹0 | ₹0 | - |
| Other Comprehensive Income | ₹240.45 Cr | -₹224.23 Cr | - |
| Total Comprehensive Income | ₹256.43 Cr | -₹217.73 Cr | - |
| EBITDA (computed) | ₹20.81 Cr | ₹9.69 Cr | - |
| Basic EPS | ₹15.99 | ₹6.51 | - |
| Diluted EPS | ₹15.99 | ₹6.51 | - |
| Metrics | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Total Assets | ₹493.88 Cr | ₹229.48 Cr | ₹90.22 Cr |
| Non-current Assets | - | - | ₹41.46 Cr |
| Current Assets | - | - | ₹48.76 Cr |
| Property, Plant & Equipment | ₹60.36 Lakh | ₹82.87 Lakh | - |
| Inventories | ₹7.49 Cr | ₹2.58 Cr | ₹2.67 Cr |
| Cash & Equivalents | ₹28.47 Cr | ₹6.41 Cr | ₹1.14 Lakh |
| Equity (Net Worth) | ₹482.8 Cr | ₹228.63 Cr | - |
| Equity Share Capital | ₹10 Cr | ₹10 Cr | - |
| Current Liabilities | - | - | ₹4.06 Cr |
| Total Liabilities | ₹11.08 Cr | ₹84.16 Lakh | - |
| Metrics |
|---|
| Segment · FY 2021 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Finance & Investment | ₹44.26 Cr | ₹20.31 Cr | - | - |
| Other Services | ₹1.66 Cr | ₹23.38 Lakh | - | - |
| Other/Unallocated | ₹0 | ₹0 | - | - |
Shareholding Pattern of Quest Capital Markets Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 75.00%, foreign institutional investors hold 5.48%, retail and other public shareholders hold 19.52% of Quest Capital Markets Limited. The company had 2,906 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Quest Capital Markets Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2019 | Others | ₹35 Lakh | Satisfied |
| 15 Jun 2015 | Daimler Financial Services India Private Limited | ₹41.87 Lakh | Satisfied |
| 22 Apr 2015 | Hdfc Bank Limited | ₹7 Lakh | Satisfied |
| 19 Dec 2014 | Hdfc Bank Limited | ₹10 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Quest Capital Markets Limited
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Employee and EPFO history for Quest Capital Markets Limited
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GST Compliance of Quest Capital Markets Limited
GST registrations and filing compliance for Quest Capital Markets Limited
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Credit Ratings, Litigation & Regulatory Alerts for Quest Capital Markets Limited
Credit ratings, litigation, and regulatory alerts for Quest Capital Markets Limited
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MSME Payment Delays by Quest Capital Markets Limited
MSME payment history for Quest Capital Markets Limited
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Subsidiaries & Group Companies of Quest Capital Markets Limited
Corporate group structure for Quest Capital Markets Limited
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MCA Filings & Documents of Quest Capital Markets Limited
MCA filings and documents for Quest Capital Markets Limited
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Recent Activity on Quest Capital Markets Limited
Recent News on Quest Capital Markets Limited
Frequently Asked Questions about Quest Capital Markets Limited
Quest Capital Markets Limited is an active public limited company in the financial services sector based in Kolkata, West Bengal, India. It was incorporated on 17 April 1986 (40+ years old) and is registered under CIN L34202WB1986PLC040542. Listed on BSE: 500069.
Quest Capital Markets Limited reported revenue of ₹26.46 Cr for FY 2024 (down 17.59% YoY) based on standalone BSE filings.
The current directors of Quest Capital Markets Limited are:
- Rusha Mitra - Director
- Sunil Kumar Sanganeria - Director
- Harish Toshniwal - Director
- Trivikram Khaitan - Director
- Dhara Agarwal - Additional Director
- Tarun Goyal - Director
The primary industry of Quest Capital Markets Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.
Yes. Quest Capital Markets Limited is listed on BSE with code 500069.
Quest Capital Markets Limited can be reached at the registered office: Duncan House 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001, or through the website qcml.in.