Sarnath Micro Credit Association
About Sarnath Micro Credit Association
Data last updated:
Sarnath Micro Credit Association is a private not for profit company based in Varanasi, Uttar Pradesh, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 15 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65929UP2017NPL093025.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kailash Pati and Subash Chand Pal.
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 Saraiya 2 Sultanpur, Varanasi, Uttar Pradesh, India – 221007.
As per the financials filed for FY 2025, the company reported a revenue of ₹14,520, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹468 (net margin -3.2%) and EBITDA of -₹468 (EBITDA margin -3.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSaraiya 2 Sultanpur, Varanasi, Uttar Pradesh, India – 221007
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 Sarnath Micro Credit Association
The main business activity of Sarnath Micro Credit Association is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Sarnath Micro Credit Association FY 2025 filings available
Sarnath Micro Credit Association reported revenue of ₹14,520 (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sarnath Micro Credit Association
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 175% 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 Sarnath Micro Credit Association
| 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 | -₹468 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹468 | •••• | •••• | •••• | •••• |
| 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 Sarnath Micro Credit Association
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Sarnath Micro Credit Association are in the company report.
Financial statements from FY 2018
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 Sarnath Micro Credit Association
Sarnath Micro Credit Association is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Getonwith Financial Services Private Limited | ₹14,677 (FY 2024) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Aikkyakeraleeyam Kuries (Thrissur) Private Limited | ₹14,650 (FY 2024) | •••• | •••• | -8.0% | •••• | Thrissur, Kerala, India |
| Araise Federation | ₹14,631 (FY 2024) | •••• | •••• | •••• | Tirunelveli, Tamil Nadu, India | |
| Paisawala Financial Services Private Limited | ₹14,630 (FY 2023) | •••• | •••• | -5.0% | •••• | Kanpur, Uttar Pradesh, India |
| Believe Securities Private Limited | ₹14,629 (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Sarnath Micro Credit Association this company | ₹14,520 (FY 2025) | •••• | •••• | 8.0% | •••• | Varanasi, Uttar Pradesh, India |
| Kamalia Infracon Private Limited | ₹14,500 (FY 2025) | •••• | •••• | 14.0% | •••• | Howrah, West Bengal, India |
| Welkin Suppliers Private Limited | ₹14,500 (FY 2024) | •••• | •••• | -12.0% | •••• | Howrah, West Bengal, India |
| Paramjyoti Builders Private Limited | ₹14,500 (FY 2025) | •••• | •••• | 21.0% | •••• | Kolkata, West Bengal, India |
| Aristocrat Vanijya Private Limited | ₹14,500 (FY 2018) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| New Chee Paa Chits Private Limited | ₹14,498 (FY 2019) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Sarnath Micro Credit Association by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Sarnath Micro Credit Association
Sarnath Micro Credit Association has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Pati | Director | 15 May 2017 | 9 Years 4 Months | Current |
| Subash Chand Pal Also directs: Sunlife Infratech Private Limited | Director | 15 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Sarnath Micro Credit Association
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 Sarnath Micro Credit Association
Sarnath Micro Credit Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sarnath Micro Credit Association
Employment history and EPFO contributions of people linked to Sarnath Micro Credit Association.
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 Sarnath Micro Credit Association
Sarnath Micro Credit Association has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Rajesh Kumar Yadav ceased to be Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Sarnath Micro Credit Association
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 Sarnath Micro Credit Association
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 Sarnath Micro Credit Association
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 Sarnath Micro Credit Association
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 Sarnath Micro Credit Association
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 Sarnath Micro Credit Association
Sarnath Micro Credit Association is an active private not for profit company based in Varanasi, Uttar Pradesh, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 15 May 2017 (9+ years old) and is registered under CIN U65929UP2017NPL093025.
Sarnath Micro Credit Association reported revenue of ₹14,520 for FY 2025 (up 8% YoY).
Sarnath Micro Credit Association has 2 current directors:
- Kailash Pati - Director
- Subash Chand Pal - Director
Sarnath Micro Credit Association reported a net loss of ₹468 (net margin -3.2%) and EBITDA of -₹468 (EBITDA margin -3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sarnath Micro Credit Association is 3% over three years and -1% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Sarnath Micro Credit Association is U65929UP2017NPL093025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarnath Micro Credit Association was incorporated on 15 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Sarnath Micro Credit Association by revenue are Getonwith Financial Services Private Limited, Aikkyakeraleeyam Kuries (Thrissur) Private Limited, Araise Federation, Paisawala Financial Services Private Limited, Believe Securities Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Rajesh Kumar Yadav ceased to be Director on 30 Sep 2019. Kailash Pati was appointed as Director on 15 May 2017. Subash Chand Pal was appointed as Director on 15 May 2017.
The registered office of Sarnath Micro Credit Association is at Saraiya 2 Sultanpur, Varanasi, Uttar Pradesh, India – 221007.
Sarnath Micro Credit Association has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.