Eastern Financiers Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 2.44 Cr
- Company Age 38 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.79 Cr
- Satisfied Charges ₹ 2.56 Cr
- Revenue Growth -7.36%
- Profit Growth 191.82%
- Ebitda -48.84%
- Net Worth 9.42%
- Total Assets 11.37%
About Eastern Financiers
Eastern Financiers Ltd (EFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 October 1986 and has a history of 38 years and three months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Eastern Financiers Private Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 2.44 Cr.
The company currently has active open charges totaling ₹6.79 Cr. The company has closed loans amounting to ₹2.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Eastern Financiers Ltd India is Nisha Agarwal as COMPANY SECRETARY. Abhishek Agarwal, Ambrish Agarwal, Ajoy Agarwal, and Four other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999WB1986PLC041392
- Company No.
041392
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Oct 1986
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Eastern Financiers Ltd offer?
Eastern Financiers Ltd offers a wide range of products and services, including Insurance Agents and Services, Life Insurance, Automotive Insurance, Stock Trading/Money Market, Currency Trading Services, Insurance Service, Health Insurance.
Who are the key members and board of directors at Eastern Financiers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajoy Agarwal  | Managing Director | 14-Oct-1986 | Current |
| Nisha Agarwal | Company Secretary | 22-May-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhishek Agarwal | Whole-Time Director | 10-Oct-1999 | Current |
| Ambrish Agarwal | Whole-Time Director | 02-Feb-2001 | Current |
| Sudhir Ahuja | Director | 01-Nov-2021 | Current |
| Anirudha Agarwalla | Director | 24-Aug-2015 | Current |
| Sugam Madhogaria | Director | 01-Jan-2015 | Current |
| Ritesh Jain | Director | 19-May-2021 | Current |
Financial Performance of Eastern Financiers.
Eastern Financiers Ltd, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.36% decrease. The company also saw a substantial improvement in profitability, with a 191.82% increase in profit. The company's net worth moved up by a moderate rise of 9.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Eastern Financiers?
In 2021, Eastern Financiers had a promoter holding of 99.69% and a public holding of 0.31%. The company had 2 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nif Ispat LimitedSugam Madhogaria is a mutual person
E F Insurance Broking Private LimitedAbhishek Agarwal and Ajoy Agarwal are mutual person
Ef Financial Advisory Services LlpAbhishek Agarwal, Ambrish Agarwal and 1 more are mutual person
- Skylite Textiles & Invstments Pvt Ltd
Abhishek Agarwal, Ambrish Agarwal and 1 more are mutual person
- Navitex Exports Pvt.Ltd.
Abhishek Agarwal, Ambrish Agarwal and 1 more are mutual person
- Nrizen Financial Services Private Limited
Abhishek Agarwal, Ambrish Agarwal and 2 more are mutual person
Charges (Loans)
₹6.79 Cr
₹2.56 Cr
Charges Breakdown by Lending Institutions
- Others : 6.65 Cr
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Others | ₹6.48 M | Open |
| 15 Jun 2023 | Others | ₹5.00 Cr | Open |
| 29 Apr 2023 | Others | ₹1.00 Cr | Open |
| 29 Apr 2022 | Hdfc Bank Limited | ₹1.41 M | Open |
| 20 Feb 2020 | Others | ₹2.50 M | Satisfied |
How Many Employees Work at Eastern Financiers?
Eastern Financiers has a workforce of 76 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Eastern Financiers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eastern Financiers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
