
Sarda Forex Exchange Private Limited
About Sarda Forex Exchange Private Limited
Data last updated:
Sarda Forex Exchange Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67190GJ1999PTC036980. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.83 Lakh. It is led by directors Hariom Subhash Sarad and Shriram Subhaschandra Sarda.
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 Pragrai Nivas Sardar Patel Road, Jamnagar, Gujarat, India – 361001.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.29 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹88,907 (net margin 4.9%) and EBITDA of ₹1.04 Lakh (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sarda Forex Exchange Private Limited's registered office is in Jamnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPragrai Nivas Sardar Patel Road, Jamnagar, Gujarat, India – 361001
- IndustryFinancial Services, Forex Services
To see the full contact details of Sarda Forex Exchange 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
Business activity
The main business activity of Sarda Forex Exchange 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 Sarda Forex Exchange Private Limited, buy the company report.
Financials of Sarda Forex Exchange Private Limited
FY 2025 filings availableSarda Forex Exchange Private Limited reported revenue of ₹18.29 Lakh (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 12% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88,907 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sarda Forex Exchange Private Limited, buy the company report.
Board of directors of Sarda Forex Exchange Private Limited
Sarda Forex Exchange has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hariom Subhash Sarad | Director | 08 Dec 1999 | 26 Years 11 Months | Current |
| Shriram Subhaschandra Sarda | Director | 08 Dec 1999 | 26 Years 11 Months | Current |
Peer comparison
Sarda Forex Exchange Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Money Exchange Services), 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 |
|---|---|---|---|---|---|---|
| PKR Forex Private Limited | ₹20.16 Lakh (FY 2025) | -22.0% | Chennai, Tamil Nadu, India | |||
| Sachkhand Travels and Forex Private Limited | ₹19.38 Lakh (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Sarda Forex Exchange Private Limitedthis company | ₹18.29 Lakh (FY 2025) | ₹88,907 | 4.9% | 17.0% | Jamnagar, Gujarat, India | |
| Adman Forex and Serivices Private Limited | ₹18.16 Lakh (FY 2025) | -99.0% | Ahmedabad, Gujarat, India | |||
| Electrum Financial Services Private Limited | ₹18.1 Lakh (FY 2024) | -88.0% | Bangalore, Karnataka, India | |||
| Marksman Forex Private Limited | ₹17.13 Lakh (FY 2020) | 21.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sarda Forex Exchange Private Limited, buy the company report.
Auditor
Sarda Forex Exchange Private Limited is audited by CHETAN AGARWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN AGARWAL & CO | FY 2021 | 120447W |
Shareholding
The shareholding of Sarda Forex Exchange Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sarda Forex Exchange Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sarda Forex Exchange 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 Sarda Forex Exchange Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sarda Forex Exchange has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sarda Forex Exchange Private Limited, buy the company report.
Recent activity
Sarda Forex Exchange Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Hariom Subhash Sarad was appointed as Director on 08 Dec 1999.
Frequently asked questions
Sarda Forex Exchange is an active private limited company based in Jamnagar, Gujarat, India. The company works in forex services, within the financial services industry. It was incorporated on 08 December 1999 (27+ years old) and is registered under CIN U67190GJ1999PTC036980.
Sarda Forex Exchange has 2 current directors:
- Hariom Subhash Sarad - Director
- Shriram Subhaschandra Sarda - Director
The latest financial statements of Sarda Forex Exchange 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.
No. Sarda Forex Exchange has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sarda Forex Exchange is U67190GJ1999PTC036980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarda Forex Exchange was incorporated on 08 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sarda Forex Exchange by revenue are PKR Forex Private Limited, Sachkhand Travels and Forex Private Limited, Adman Forex and Serivices Private Limited, Electrum Financial Services Private Limited, Marksman Forex Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Hariom Subhash Sarad was appointed as Director on 08 Dec 1999. Shriram Subhaschandra Sarda was appointed as Director on 08 Dec 1999.
The registered office of Sarda Forex Exchange is at Pragrai Nivas Sardar Patel Road, Jamnagar, Gujarat, India – 361001.
Sarda Forex Exchange operates in the financial services industry, in the forex services segment.
The compliance status of Sarda Forex Exchange is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.

