Snowtex Securities Limited
About Snowtex Securities Limited
Data last updated:
Snowtex Securities Limited was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 09 March 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB1995PLC069089.
The company had an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.46 Cr. It was led by directors including Avinash Agarwalla and Subodh Agarwalla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Vishwakarma South West Block 2nd Floor 86C Topsia Road (South), Kolkata, West Bengal, India – 700046.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.9 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Cr (net margin 75%) and EBITDA of ₹2.29 Cr (EBITDA margin 79%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
Company details
Contact details
Snowtex Securities Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVishwakarma South West Block 2nd Floor 86C Topsia Road (South), Kolkata, West Bengal, India – 700046
- IndustryFinancial Services, Financial Activities
To see the full contact details of Snowtex Securities 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 Snowtex Securities 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 Snowtex Securities Limited, buy the company report.
Financials of Snowtex Securities Limited
FY 2019 filings availableSnowtex Securities Limited reported revenue of ₹2.9 Cr (down 62% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 70% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.17 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79% | ||||
| Net Profit Margin | 75% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
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To see the full financial statements and ratios of Snowtex Securities Limited, buy the company report.
Board of directors of Snowtex Securities Limited
Snowtex Securities has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Agarwalla Also directs: Snowtex Udyog Ltd, Captain Apartments Private Limited, Queensnest Realty Private Limited and 4 more | Director | 10 Sep 2010 | 16 Years 1 Months | As last reported |
| Subodh Agarwalla Also directs: Rosewood Real Estate Private Limited, Highpoint Realtech LLP, Maithan Estates LLP and 5 more | Director | 05 Apr 2005 | 21 Years 6 Months | As last reported |
| Prahlad Rai Agarwalla Also directs: Rosewood Real Estate Private Limited, The Behar Potteries Limited, Avator Steel Private Limited and 5 more | Director | 28 Jun 2010 | 16 Years 4 Months | As last reported |
Peer comparison
Snowtex Securities Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Sinki Commodities Pvt Ltd | ₹2.91 Cr (FY 2025) | -43.0% | Kolkata, West Bengal, India | |||
| Triplerank Ventures Private Limited | ₹2.9 Cr (FY 2025) | -87.0% | New Delhi, Delhi, India | |||
| Snowtex Securities Limitedthis company | ₹2.9 Cr (FY 2019) | ₹2.17 Cr | 75% | -62.0% | Kolkata, West Bengal, India | |
| Shanker Credits Private Limited | ₹2.89 Cr (FY 2025) | 145.0% | Kolkata, West Bengal, India | |||
| Prakash Deep Finance Company Limited | ₹2.89 Cr (FY 2025) | 0.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Snowtex Securities Limited, buy the company report.
Shareholding
The shareholding of Snowtex Securities Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Snowtex Securities Limited, buy the company report.
Legal cases
No court or tribunal cases involving Snowtex Securities 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 Snowtex Securities 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 Snowtex Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Snowtex Securities Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Avinash Agarwalla was appointed as Director on 10 Sep 2010.
Frequently asked questions
Snowtex Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Snowtex Securities was a public limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 09 March 1995 and is registered under CIN U65999WB1995PLC069089. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Snowtex Securities was incorporated on 09 March 1995. It is registered with the Registrar of Companies, Kolkata.
Snowtex Securities had 3 directors:
- Avinash Agarwalla - Director
- Subodh Agarwalla - Director
- Prahlad Rai Agarwalla - Director
The CIN (Corporate Identification Number) of Snowtex Securities is U65999WB1995PLC069089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Snowtex Securities is at Vishwakarma South West Block 2nd Floor 86C Topsia Road South, Kolkata, West Bengal, India – 700046.
The latest financial statements of Snowtex Securities on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Snowtex Securities operated in the financial services industry, in the financial activities segment.
The peers of Snowtex Securities by revenue are Sinki Commodities Pvt Ltd, Triplerank Ventures Private Limited, Shanker Credits Private Limited, Prakash Deep Finance Company Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Avinash Agarwalla was appointed as Director on 10 Sep 2010. Sudhir Satnaliwala ceased to be Director on 10 Sep 2010. Kalpana Satnaliwala ceased to be Director on 28 Jun 2010. Snowtex Securities has 6 board changes on record in total.
The compliance status of Snowtex Securities is compliant as of 05 September 2026.