About Trinity Reinsurance Brokers Limited
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Trinity Reinsurance Brokers Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Globus Trade Links Private Limited. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 12 September 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U01111DL1986PLC025441. Its GSTIN is 07AADCM8584H1Z2 (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5.75 Cr and a paid-up capital of ₹5.6 Cr. It was formerly known as Trinity Reinsurance Services Limited. and Mallee Farmlands Ltd. It is led by directors including Harshit Jain (Whole-Time Director) and Saloni Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A 23 Mandakini Enclavealaknanda, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.36 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹46.43 Lakh (net margin 10.7%) and EBITDA of ₹1.34 Cr (EBITDA margin 30.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 25% over five years.
The company is associated with 1 brand: Trinity Reinsurance Brokers. As per MCA filings, the company has satisfied charges of ₹1.89 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 6 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in August 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trinityinsurance.co.in.
Company details
Name history
Trinity Reinsurance Brokers has undergone 2 name changes throughout its history. The company was previously known as Trinity Reinsurance Services Limited., and Mallee Farmlands Ltd.. The current legal name is Trinity Reinsurance Brokers Limited.
| Company Name | Status |
|---|---|
| Trinity Reinsurance Brokers Limited | Current |
| Trinity Reinsurance Services Limited. | Previous |
| Mallee Farmlands Ltd. | Previous |
Contact details
Trinity Reinsurance Brokers Limited's registered office is in New Delhi, Delhi. Its website is trinityinsurance.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA 23 Mandakini Enclavealaknanda, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Trinity Reinsurance Brokers 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
Brands
Trinity Reinsurance Brokers operates one associated brand: Trinity Reinsurance Brokers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insurance and reinsurance services in India. | trinityinsurance.co.in |
Business activity
The main business activity of Trinity Reinsurance Brokers is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Trinity Reinsurance Brokers Limited, buy the company report.
Financials of Trinity Reinsurance Brokers Limited
FY 2024 filings availableTrinity Reinsurance Brokers Limited reported revenue of ₹4.36 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 351% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.34 Cr | ||||
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| Net Profit (PAT) | ₹46.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.8% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Trinity Reinsurance Brokers Limited, buy the company report.
Board of directors of Trinity Reinsurance Brokers Limited
Trinity Reinsurance Brokers has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Jain Also directs: Globus Trade Links Private Limited | Whole-Time Director | 06 Jan 2014 | 12 Years 9 Months | Current |
| Saloni Jain Also directs: Trinity Group Venture Limited, M.M. Carpets and Industries Limited., Trinity Industries Limited and 2 more | Whole-Time Director | 24 Aug 2018 | 8 Years 2 Months | Current |
| Aditya Anand Sinha | Director | 04 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Trinity Reinsurance Brokers Limited is audited by K P O & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P O & Associates | FY 2023 | 019717C |
Shareholding
The shareholding of Trinity Reinsurance Brokers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trinity Reinsurance Brokers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2015 | 10556907 | Punjab National Bank | ₹1.89 Cr | Satisfied |
To see the full charge records of Trinity Reinsurance Brokers Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Trinity Reinsurance Brokers Limited has 6 deals on record (6 secondary share transfers); the latest was in August 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: M.M. Carpets and Industries Limited. , 3 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: M.M. Carpets and Industries Limited. |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Others Trinity Reinsurance Brokers Limited, 2 individuals |
To see the full deal history of Trinity Reinsurance Brokers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Trinity Reinsurance Brokers Limited has 15 court cases on record: 10 filed by Trinity Reinsurance Brokers, 5 filed against it. 6 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 3 |
| District courts | 7 | 5 | 3 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Michael Page International Recruitment Pvt. Ltd. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against Sand Dune Constructions P Ltd and Ors | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Writ petition | Filed by the company against Union Territory of J and K Th. Commr/Secty to Govt (Gad) and Others | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Complaint) | Filed against the company by an individual | Pending |
| High Court of Jammu and Kashmir and Ladakh | Criminal miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Trinity Reinsurance Brokers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Trinity Reinsurance Brokers Limited was last rated by Crisil on 27 Jul 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Jul 2018 |
To see the full credit ratings and regulatory alerts of Trinity Reinsurance Brokers Limited, buy the company report.
MSME payment delays
Trinity Reinsurance Brokers Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sadana & Company |
To see the full MSME payment records of Trinity Reinsurance Brokers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Trinity Reinsurance Brokers has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCM8584H1Z2 | Delhi | Active | 01 Jul 2017 |
| 09AADCM8584H1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AADCM8584H2ZX | Uttar Pradesh | Active | 09 Aug 2021 |
To see the full GST registrations and return filing status of Trinity Reinsurance Brokers Limited, buy the company report.
Recent activity
Trinity Reinsurance Brokers Limited has 23 board changes on record since 1994: 13 appointments and 10 cessations. The latest: Aditya Anand Sinha was appointed as Director on 04 Oct 2024.
16 earlier events are in the company report.
Frequently asked questions
Trinity Reinsurance Brokers is an active public limited company based in New Delhi, Delhi, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 12 September 1986 (40+ years old) and is registered under CIN U01111DL1986PLC025441.
Trinity Reinsurance Brokers has 3 current directors:
- Harshit Jain - Whole-Time Director
- Saloni Jain - Whole-Time Director
- Aditya Anand Sinha - Director
The latest financial statements of Trinity Reinsurance Brokers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Trinity Reinsurance Brokers is 07AADCM8584H1Z2, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AADCM8584H1ZY (Uttar Pradesh), 09AADCM8584H2ZX (Uttar Pradesh).
The CIN (Corporate Identification Number) of Trinity Reinsurance Brokers is U01111DL1986PLC025441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trinity Reinsurance Brokers has 15 court cases on record: 10 filed by the company and 5 filed against it. 6 are pending. Most are in the high courts.
Trinity Reinsurance Brokers was incorporated on 12 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Trinity Reinsurance Brokers has 6 deals on record (6 secondary share transfers); the latest was in August 2018.
Aditya Anand Sinha was appointed as Director on 04 Oct 2024. Akhilesh Jain ceased to be Whole-Time Director on 04 Oct 2024. Gaurav Bajpai ceased to be Company Secretary on 25 Oct 2023. Trinity Reinsurance Brokers has 23 board changes on record in total.
Trinity Reinsurance Brokers has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 15 Jun 2020.
Trinity Reinsurance Brokers can be reached through the website trinityinsurance.co.in. Its registered office is in New Delhi, Delhi, India.