MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0072995
Xperitus Insurance Brokers Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.55 Cr
▲ 5% YoY
Net profit · FY 2025
₹2.63 Cr
Net margin 9.6%
EBITDA · FY 2025
₹5.41 Cr
EBITDA margin 19.6%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.22 Cr
Issued & subscribed
Open charges
₹6.19 Cr
Satisfied ₹55 Lakh
Company age
23 yrs
Est. 2003
Employees · EPFO
112
Provident fund records
About Xperitus Insurance Brokers Private Limited
Data last updated:
Xperitus Insurance Brokers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 03 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2003PTC142006. Its GSTIN is 27AABCN9130E1ZN (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.22 Cr. It was formerly known as Nandi Insurance and Risk Management Services Private Limited and Nandi Insurance Broking and Risk Management Services Private Limited. It is led by directors including Juzer Fakhruddin Jawadwala and Girish Anand Malik.
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 601 Parekh Mahal Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.55 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Cr (net margin 9.6%) and EBITDA of ₹5.41 Cr (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Xperitus. As per MCA filings, the company has open charges of ₹6.19 Cr and satisfied charges of ₹55 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.28 Cr; the latest was in March 2015.
Xperitus Insurance Brokers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0072995). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xperitusinsure.com.
Company details
CIN U67200MH2003PTC142006
Registration Number 142006
Incorporation Date 03 September 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0072995
Name history
Xperitus Insurance Brokers has undergone 2 name changes throughout its history. The company was previously known as Nandi Insurance And Risk Management Services Private Limited, and Nandi Insurance Broking And Risk Management Services Private Limited. The current legal name is Xperitus Insurance Brokers Private Limited.
| Company Name | Status |
|---|---|
| Xperitus Insurance Brokers Private Limited | Current |
| Nandi Insurance And Risk Management Services Private Limited | Previous |
| Nandi Insurance Broking And Risk Management Services Private Limited | Previous |
Key People
Juzer Fakhruddin Jawadwala Director Girish Anand Malik Director Nimish Raj Khattar Director Recognitions & Rankings of Xperitus Insurance Brokers
Contact details
Xperitus Insurance Brokers Private Limited's registered office is in Mumbai, Maharashtra. Its website is xperitusinsure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address601 Parekh Mahal Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Xperitus Insurance Brokers Private Limited, buy the company report.
Comprehensive company report
Xperitus Insurance Brokers Private Limited - 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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Brands
Xperitus Insurance Brokers operates one associated brand: Xperitus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of insurance brokering and risk managment services | xperitusinsure.com |
Business activity
The main business activity of Xperitus Insurance 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 Xperitus Insurance Brokers Private Limited, buy the company report.
Financials of Xperitus Insurance Brokers Private Limited
FY 2024 filings availableXperitus Insurance Brokers Private Limited reported revenue of ₹27.55 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹27.55 Cr ▲ 5%
Net profit · FY 2025
₹2.63 Cr margin 9.6%
EBITDA · FY 2025
₹5.41 Cr margin 19.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 18%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 3%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 5% growth in the latest year. EBITDA rose 6% 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 |
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| EBITDA | ₹5.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.63 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.6% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Xperitus Insurance Brokers Private Limited, buy the company report.
Board of directors of Xperitus Insurance Brokers Private Limited
Xperitus Insurance Brokers has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Juzer Fakhruddin Jawadwala | Director | 20 May 2015 | 11 Years 5 Months | Current |
| Girish Anand Malik | Director | 21 Sep 2015 | 11 Years 1 Months | Current |
| Nimish Raj Khattar | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
| Richa Rohan Dukle Also directs: Xperitus Holding Private Limited | Director | 28 Aug 2010 | 16 Years 2 Months | Current |
| Sudhir Raghuveer Gudal Also directs: Arissa Valuers and Advisors Private Limited | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Xperitus Insurance Brokers Private Limited is audited by MNJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNJ & ASSOCIATES | FY 2023 | 130772W |
Shareholding
The shareholding of Xperitus Insurance Brokers Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Xperitus Insurance Brokers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.19 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101134708 | Hdfc Bank Limited | ₹35.08 Lakh | Open | |
| 01 Sep 2023 | 100801611 | Others | ₹2.7 Cr | Open | |
| 30 Jul 2018 | 100194319 | Tata Capital Financial Services Limited | ₹16 Lakh | Open | |
| 16 Mar 2015 | 10560811 | State Bank of Travancore | ₹2.98 Cr | Open | |
| 09 Jan 2015 | 10547082 | State Bank of Travancore | ₹55 Lakh | Satisfied |
To see the full charge records of Xperitus Insurance Brokers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Xperitus Insurance Brokers Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.28 Cr; the latest was in March 2015.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹1.28 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹1.28 Cr | Investors: 4 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Xperitus Insurance Brokers Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Magus Corporate Advisors Pvt Ltd and 5 Ors | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Magus Corporate Advisors Pvt Ltd and 5 Ors | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Magus Corporate Advisors Pvt Ltd and 5 Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by an individual | Disposed |
To see the full case history of Xperitus Insurance Brokers Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Xperitus Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Xperitus Insurance Brokers Private Limited has a workforce of 112 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
112
Active EPFO establishments
1
Employee growth
19.15%
GST
Xperitus Insurance Brokers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN9130E1ZN | Maharashtra | Active | 01 Jul 2017 |
| 24AABCN9130E1ZT | Gujarat | Active | 19 Jul 2017 |
To see the full GST registrations and return filing status of Xperitus Insurance Brokers Private Limited, buy the company report.
Recent activity
Xperitus Insurance Brokers Private Limited has 17 board changes on record since 2010: 5 appointments and 12 cessations. The latest: Nimish Raj Khattar ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 101134708 was registered on 27 May 2025.
AGM
Xperitus Insurance Brokers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Xperitus Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100801611 was registered on 01 Sep 2023.
Ceased
Nimish Raj Khattar ceased to be Additional Director.
Ceased
Sudhir Raghuveer Gudal ceased to be Additional Director.
Appointed
Nimish Raj Khattar was appointed as Director.
Appointed
Sudhir Raghuveer Gudal was appointed as Director.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.16 Cr with Charge ID 100194319 was registered on 30 Jul 2018.
Ceased
Kishor Lallubhai Naik ceased to be Director.
Ceased
Ashok Sheshrao Patki ceased to be Director.
Ceased
Bharat Chimanlal Shah ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Xperitus Insurance Brokers is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 03 September 2003 (23+ years old) and is registered under CIN U67200MH2003PTC142006.
Xperitus Insurance Brokers has 5 current directors:
- Juzer Fakhruddin Jawadwala - Director
- Girish Anand Malik - Director
- Nimish Raj Khattar - Director
- Richa Rohan Dukle - Director
- Sudhir Raghuveer Gudal - Director
The latest financial statements of Xperitus Insurance 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 Xperitus Insurance Brokers is 27AABCN9130E1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCN9130E1ZT (Gujarat).
The CIN (Corporate Identification Number) of Xperitus Insurance Brokers is U67200MH2003PTC142006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xperitus Insurance Brokers has 5 court cases on record: 5 filed against it. Most are in the high courts.
Xperitus Insurance Brokers was incorporated on 03 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Xperitus Insurance Brokers has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.28 Cr; the latest was in March 2015.
Nimish Raj Khattar ceased to be Additional Director on 30 Nov 2021. Sudhir Raghuveer Gudal ceased to be Additional Director on 30 Nov 2021. Nimish Raj Khattar was appointed as Director on 23 Mar 2021. Xperitus Insurance Brokers has 17 board changes on record in total.
Yes, Xperitus Insurance Brokers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0072995).
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