Turner Morrison Ltd - financial services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U51109WB1913PLC002404 Incorporated 04 July 1913 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2023
₹13.64 Cr
▼ 44.33% YoY
Authorised capital
₹16.05 Cr
Registered with MCA
Paid-up capital
₹5.35 Cr
Issued & subscribed
Open charges
₹70 Cr
Satisfied ₹144.81 Cr
Company age
113 yrs
Est. 1913
Employees · EPFO
13
Provident fund records
Directors on board
8
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary

About Turner Morrison Ltd

Data last updated:

Turner Morrison Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 04 July 1913 and has been in existence for over 113 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1913PLC002404. Its GSTIN is 19AAACT9790M1ZG (West Bengal). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹16.05 Cr and a paid-up capital of ₹5.35 Cr. It was formerly known as Turner Morrison & Co Limited. It is led by directors including Rajesh Chaudhuri (Managing Director) and Jayant Raj Kochar.

Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.

As per the financials filed for FY 2023, the company reported a revenue of ₹13.64 Cr, a decline of 44.33% compared to the previous year.

The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.

As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹144.81 Cr on record. Court records list 173 cases involving the company, including 105 filed by the company and 68 filed against it; 24 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website turner.co.in.

Company details

CIN U51109WB1913PLC002404
Registration Number 002404
Incorporation Date 04 July 1913
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Turner Morrison has one previous CIN (Corporate Identification Number): L51109WB1913PLC002404. The current CIN is U51109WB1913PLC002404, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51109WB1913PLC002404Current
L51109WB1913PLC002404Previous

Contact details

Turner Morrison Ltd's registered office is in Kolkata, West Bengal. Its website is turner.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    6 Lyons Range, Fortune Chambers Dalhousie Fortune Chambers Dalhousie, Kolkata, West Bengal, India – 700001
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Turner Morrison Ltd, buy the company report.

Comprehensive company report
Turner Morrison Ltd - one report that includes everything
  • 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
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Business activity

Turner Morrison operates primarily in the financial and insurance service and real estate sectors. 3 business activities are registered with the MCA.

Main activity groupBusiness activityShare of turnover
Financial and insurance ServiceOther financial activities
Real EstateReal estate activities with own or leased property

To see the full business activity and turnover split of Turner Morrison Ltd, buy the company report.

Financials of Turner Morrison Ltd

FY 2025 filings available

Turner Morrison Ltd reported revenue of ₹13.64 Cr (down 44.33% YoY) for FY 2023.

Revenue · FY 2023
₹13.64 Cr ▼ 44.33%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 44.33%

Revenue fell 44.33% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹13.64 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Turner Morrison Ltd, buy the company report.

Board of directors and KMP of Turner Morrison Ltd

Turner Morrison Ltd currently reports 7 directors and 1 key managerial person. 4 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Jayant Raj KocharDirector03 Jun 200620 Years 4 MonthsCurrent
Rajesh ChaudhuriManaging Director01 Dec 20196 Years 10 MonthsCurrent
Krishna Prasad ShrivastavDirector10 Nov 20214 Years 11 MonthsCurrent
Ranjit ChopraDirector29 Mar 199729 Years 6 MonthsCurrent
Amit JudgeDirector01 Jul 201214 Years 3 MonthsCurrent
Renu JudgeDirector25 Jan 201115 Years 8 MonthsCurrent
Showing 6 of 8 current directors and KMP. View all directors and KMP

Peer comparison

Turner Morrison Ltd is compared with the 7 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
J & R Hutchison Ltd₹112.75 Cr (FY 2025)-19.0%Kolkata, West Bengal, India
Pragya Mercantile Private Limited₹112.59 Cr (FY 2024)504.0%Kolkata, West Bengal, India
Monolisha Management Pvt.Ltd.₹111.38 Cr (FY 2025)48.0%Kolkata, West Bengal, India
A K M Systems Private Limited₹111.08 Cr (FY 2022)500.0%New Delhi, Delhi, India
Lawrence Merchants Pvt Ltd₹108.19 Cr (FY 2025)175.0%Kolkata, West Bengal, India
R Raheja Investments Private Limited₹106.56 Cr (FY 2024)-31.0%Mumbai, Maharashtra, India
Moderate Leasing and Capital Services Ltd₹106.25 Cr (FY 2025)49.0%New Delhi, Delhi, India
Turner Morrison Ltdthis company₹13.64 Cr (FY 2023)-44.3%13Kolkata, West Bengal, India

To see the full peer comparison of Turner Morrison Ltd, buy the company report.

Auditor

Turner Morrison Ltd is audited by A K Gutgutia & Co. for the financial year 2020.

Auditor firmFinancial yearFirm registration number
A K Gutgutia & Co.FY 2020000012N

Shareholding

The shareholding of Turner Morrison Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Turner Morrison Ltd, buy the company report.

Charges & borrowings

Open charges
₹70 Cr
Satisfied charges
₹144.81 Cr
Breakdown by lending institutions
Others₹70.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Nov 2025101202687Others₹50 CrOpen
22 Mar 2023100710084Others₹20 CrOpen
07 Feb 2022100547154Others₹16.5 CrSatisfied
16 Jul 2020100358071Others₹13.5 CrSatisfied
23 Mar 2018100171302Others₹25 CrSatisfied

To see the full charge records of Turner Morrison Ltd, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Turner Morrison Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Turner Morrison has 3 subsidiary companies and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

3
Subsidiary companies
4
Associated companies
Key subsidiaries
Company NameCINShares held
Lodna Colliery Company (1920) LimitedU10101WB1920PLC004043
Vasundhara Holdings LtdU21023WB1986PLC041691
Tuareg Properties and Securities Services LimitedU74899WB1990PLC159670

To see the full group structure of Turner Morrison Ltd, buy the company report.

Employees & EPFO

Turner Morrison Ltd has a workforce of 13 employees on its EPFO records as of Mar 29, 2024, across 3 active EPFO establishments.

Employee count
13
Active EPFO establishments
3
Employee growth
-7.14%

GST

Turner Morrison has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
19AAACT9790M1ZGWest BengalActive01 Jul 2017
07AAACT9790M1ZLDelhiActive01 Jul 2017
07AAACT9790M3ZJDelhiActive20 Mar 2025

To see the full GST registrations and return filing status of Turner Morrison Ltd, buy the company report.

Recent activity

Turner Morrison Ltd has 12 board changes on record since 1997: 10 appointments and 2 cessations. The latest: Aditya Ghosh was appointed as Director on 26 Jun 2023.

Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101202687 was registered on 24 Nov 2025.
AGM
Turner Morrison Ltd last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records.
Filing
Turner Morrison Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Appointed
Aditya Ghosh was appointed as Director.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100710084 was registered on 22 Mar 2023.
Charges
A charge registered on 07 Feb 2022 via Charge ID 100547154 with Others was fully satisfied on 20 Jan 2023.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100358071 with Others was fully satisfied on 22 Feb 2022.
Charges
A charge with Others amounted to Rs. 16.50 Cr with Charge ID 100547154 was registered on 07 Feb 2022.
Appointed
Krishna Prasad Shrivastav was appointed as Director.
Charges
A charge with Others amounted to Rs. 13.50 Cr with Charge ID 100358071 was registered on 16 Jul 2020.
Ceased
Inderjit Singh Narula ceased to be Director.
Appointed
Rajesh Chaudhuri was appointed as Managing Director.

22 earlier events are in the company report.

Frequently asked questions

Turner Morrison is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 04 July 1913 (113+ years old) and is registered under CIN U51109WB1913PLC002404.

Turner Morrison has 8 current directors and KMP:

The latest financial statements of Turner Morrison on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Turner Morrison is 19AAACT9790M1ZG, registered in West Bengal. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACT9790M1ZL (Delhi), 07AAACT9790M3ZJ (Delhi).

The CIN (Corporate Identification Number) of Turner Morrison is U51109WB1913PLC002404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Turner Morrison has 173 court cases on record: 105 filed by the company and 68 filed against it. 24 are pending. Most are in the high courts.

Turner Morrison was incorporated on 04 July 1913, making it 113+ years old. It is registered with the Registrar of Companies, Kolkata.

The peers of Turner Morrison by revenue are J & R Hutchison Ltd, Pragya Mercantile Private Limited, Monolisha Management Pvt.Ltd, A K M Systems Private Limited, Lawrence Merchants Pvt Ltd and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).

Aditya Ghosh was appointed as Director on 26 Jun 2023. Krishna Prasad Shrivastav was appointed as Director on 10 Nov 2021. Inderjit Singh Narula ceased to be Director on 29 Jun 2020. Turner Morrison has 12 board changes on record in total.

Turner Morrison can be reached through the website turner.co.in. Its registered office is in Kolkata, West Bengal, India.

The registered office of Turner Morrison is at 6 Lyons Range, Fortune Chambers Dalhousie Fortune Chambers Dalhousie, Kolkata, West Bengal, India – 700001.