Zabarwan Forex Services Private Limited
About Zabarwan Forex Services Private Limited
Data last updated:
Zabarwan Forex Services Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India. It operates in the service-based operations segment of the services sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U93090JK2019PTC010779. Its GSTIN is 01AABCZ3130C1Z5 (Jammu and Kashmir).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Humera Gupkari and Iyman Shafeeq.
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 C/O Ghulam Qadir Gupkari Mecca Tower M.A Link Road Dahram Dass, Srinagar, Jammu and Kashmir, India – 190001.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.41 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹27,965 (net margin 0.6%) and EBITDA of ₹61,537 (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/O Ghulam Qadir Gupkari Mecca Tower M.A Link Road Dahram Dass, Srinagar, Jammu and Kashmir, India – 190001
- IndustryService, Other Services
- 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 Zabarwan Forex Services Private Limited
The main business activity of Zabarwan Forex Services 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 Zabarwan Forex Services Private Limited FY 2025 filings available
Zabarwan Forex Services Private Limited reported revenue of ₹44.41 Lakh (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Zabarwan Forex Services Private Limited
Revenue fell 49% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 62%. EBITDA fell 11% 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 Zabarwan Forex Services Private Limited
| 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 | ₹61,537 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27,965 | •••• | •••• | •••• | •••• |
| 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 Zabarwan Forex Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Zabarwan Forex Services are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Zabarwan Forex Services Private Limited
Zabarwan Forex Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Humera Gupkari | Director | 30 Apr 2024 | 2 Years 5 Months | Current |
| Iyman Shafeeq | Director | 08 Jun 2024 | 2 Years 4 Months | Current |
Peer Comparison of Zabarwan Forex Services Private Limited
Zabarwan Forex Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Forex Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aybani Forex Services Private Limited | ₹1.56 Cr (FY 2020) | •••• | •••• | 8.0% | •••• | Jamnagar, Gujarat, India |
| Samyag Forex Services Private Limited | ₹1.2 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Mumbai, Maharashtra, India |
| Batala Forex Services Private Limited | ₹83.42 Lakh (FY 2019) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| B.S.G Forex Services Private Limited | ₹73.37 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| A R Travels and Forex Services Private Limited | ₹63.86 Lakh (FY 2022) | •••• | •••• | 47.0% | •••• | Perambalur, Tamil Nadu, India |
| Zabarwan Forex Services Private Limited this company | ₹44.41 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Srinagar, Jammu And Kashmir, India |
| Ekant Forex Services Private Limited | ₹38.62 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| VCK Forex Services Private Limited | ₹38.35 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Ashish Forex Services Private Limited | ₹37.79 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Mathura, Uttar Pradesh, India |
| Swap Forex Services India Private Limited | ₹36.59 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Kochi, Kerala, India |
| Solnet Forex Services Private Limited | ₹36.28 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Sadar, Tripura, India |
Peers are the five companies nearest above and the five nearest below Zabarwan Forex Services by revenue in the BFSI industry (Forex Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Zabarwan Forex Services Private Limited
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 Zabarwan Forex Services Private Limited
Zabarwan Forex Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Zabarwan Forex Services Private Limited
Employment history and EPFO contributions of people linked to Zabarwan Forex Services.
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 Zabarwan Forex Services Private Limited
Zabarwan Forex Services Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Ghulam Qadir Gupkari ceased to be Director on 10 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Zabarwan Forex Services Private Limited
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 Zabarwan Forex Services Private Limited
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 Zabarwan Forex Services Private Limited
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 Zabarwan Forex Services Private Limited
Zabarwan Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AABCZ3130C1Z5 | Jammu and Kashmir | Active | 01 Oct 2020 |
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 Zabarwan Forex Services Private Limited
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 Zabarwan Forex Services Private Limited
Zabarwan Forex Services is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in other services, within the service industry. It was incorporated on 11 January 2019 (7+ years old) and is registered under CIN U93090JK2019PTC010779.
Zabarwan Forex Services reported revenue of ₹44.41 Lakh for FY 2025 (down 49% YoY).
Zabarwan Forex Services has 2 current directors:
- Humera Gupkari - Director
- Iyman Shafeeq - Director
Zabarwan Forex Services reported a net profit of ₹27,965 (net margin 0.6%) and EBITDA of ₹61,537 (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zabarwan Forex Services is 62% over three years. In the latest year (FY 2025) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zabarwan Forex Services is 01AABCZ3130C1Z5, registered in Jammu and Kashmir.
The CIN (Corporate Identification Number) of Zabarwan Forex Services is U93090JK2019PTC010779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zabarwan Forex Services was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jammu.
The peers of Zabarwan Forex Services by revenue are Aybani Forex Services Private Limited, Samyag Forex Services Private Limited, Batala Forex Services Private Limited, B.S.G Forex Services Private Limited, A R Travels and Forex Services Private Limited and 5 more, all in the BFSI industry (Forex Services).
Ghulam Qadir Gupkari ceased to be Director on 10 Jun 2024. Posha Akhtar ceased to be Director on 10 Jun 2024. Iyman Shafeeq was appointed as Director on 08 Jun 2024. Zabarwan Forex Services has 4 board changes on record in total.
The registered office of Zabarwan Forex Services is at CO Ghulam Qadir Gupkari Mecca Tower M.A Link Road Dahram Dass, Srinagar, Jammu and Kashmir, India – 190001.