Navarathna Financial Services Limited

Provides financial services such as MSME and gold loans, with a focus on MSME portfolio.

2011 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 15, 2025

Navarathna Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.15 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 9.25 Cr
  • Revenue Growth -14.46%
  • Profit Growth 295.93%
  • Ebitda 565.75%
  • Net Worth 5.71%
  • Total Assets -20.49%

About Navarathna Financial Services

Navarathna Financial Services Limited (NFSL) is Amalgamated company established on 10 Mar 2011 with its office registered at Chennai, Tamil Nadu, India and has been running since 13 Year, 10 Months with a paid up capital of 5.15 Cr. According to MCA records, 6 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN2011PLC079596

  • Company No.

    079596

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2011

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Navarathna Financial Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Chokkalingam Palaniappan Country flag representing In Managing Director10-Mar-2011Current

Board Members (5)

NameDesignationAppointment DateStatus
Sockalingam Thirunavukarasu Country flag representing In Director 10-Mar-2011Current
Sridharan Ramaswamy Country flag representing In Director 07-Sep-2011Current
Devikala Venkatkumar Country flag representing In Director 22-Jun-2017Current
Thirupathi Manonmani Country flag representing In Director 10-Mar-2011Current
Annamalai Chandrasekaran Country flag representing In Director 15-Oct-2013Current

Financial Performance of Navarathna Financial Services.

Navarathna Financial Services Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.46% decrease. The company also saw a substantial improvement in profitability, with a 295.93% increase in profit. The company's net worth moved up by a moderate rise of 5.71%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-14.46%
Revenue from Operations
-11.84%
Total Assets
-20.49%
Profit or Loss
295.93%
Net Worth
5.71%
EBITDA
565.75%

What is the Ownership and Shareholding Structure of Navarathna Financial Services?

In 2020, Navarathna Financial Services had a promoter holding of 37.89% and a public holding of 62.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹9.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.25 Cr
  • Lakshmi Vilas Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Aug 2019Others₹2.50 MSatisfied
31 Mar 2018Others₹4.00 CrSatisfied
07 Jul 2016Others₹1.00 CrSatisfied
23 Apr 2015Lakshmi Vilas Bank Limited₹4.00 CrSatisfied

How Many Employees Work at Navarathna Financial Services?

Navarathna Financial Services has a workforce of 7 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navarathna Financial Services, 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 Navarathna Financial Services's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Navarathna Financial Services

Recent activity within the organization

  • Annual General Meeting

    Navarathna Financial Services Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Charges

    A charge registered on 23 Apr 2015 via Charge ID 10569704 with Lakshmi Vilas Bank Limited was fully satisfied on 28 Jun 2022.

    28 Jun 2022

  • Charges

    A charge registered on 31 Mar 2018 via Charge ID 100177553 with Others was fully satisfied on 05 Apr 2022.

    05 Apr 2022

  • Balance Sheet

    Navarathna Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Charges

    A charge registered on 05 Aug 2019 via Charge ID 100283070 with Others was fully satisfied on 19 Nov 2021.

    19 Nov 2021

  • Charges

    A charge registered on 07 Jul 2016 via Charge ID 100067251 with Others was fully satisfied on 21 Oct 2021.

    21 Oct 2021

Frequently asked questions

  • Navarathna Financial Services Limited was incorporated on 10 Mar 2011.

  • The authorized share capital of Navarathna Financial Services Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.15 Cr.

  • Currently 6 directors are associated with Navarathna Financial Services Limited.

    • Sridharan Ramaswamy
    • Chokkalingam Palaniappan
    • Devikala Venkatkumar
    • Sockalingam Thirunavukarasu
    • Thirupathi Ramanathan Manonmani
    • Annamalai Chandrasekaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navarathna Financial Services Limited is First Floor 2/102, Third Street Karpagam Avenue Ra Puram India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Navarathna Financial Services Limited is U65991TN2011PLC079596 and the company number is 079596 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navarathna Financial Services Limited is https://www.navarathnafinance.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Navarathna Financial Services Limited has fallen by -14.46%.

  • As Per 2022 financial reports, 7 employees are currently employed by Navarathna Financial Services Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Navarathna Financial Services Limited has experienced an upsurge of 5.71%.

  • The most recent Balance Sheet for Navarathna Financial Services Limited was filed with the ROC on 31 Mar 2022.

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