Navarathna Financial Services Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 5.15 Cr
- Company Age 13 Year, 11 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, 11 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chokkalingam Palaniappan  | Managing Director | 10-Mar-2011 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sockalingam Thirunavukarasu | Director | 10-Mar-2011 | Current |
| Sridharan Ramaswamy | Director | 07-Sep-2011 | Current |
| Devikala Venkatkumar | Director | 22-Jun-2017 | Current |
| Thirupathi Manonmani | Director | 10-Mar-2011 | Current |
| Annamalai Chandrasekaran | Director | 15-Oct-2013 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Prakala Wealth Private LimitedChokkalingam Palaniappan is a mutual person
Kuvera Real Assets And Consulting Private LimitedDevikala Venkatkumar is a mutual person
- Pioneer Horizon Solutions Private Limited
Sockalingam Thirunavukarasu is a mutual person
- Sastha Forex Services Private Limited
Annamalai Chandrasekaran is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2019 | Others | ₹2.50 M | Satisfied |
| 31 Mar 2018 | Others | ₹4.00 Cr | Satisfied |
| 07 Jul 2016 | Others | ₹1.00 Cr | Satisfied |
| 23 Apr 2015 | Lakshmi Vilas Bank Limited | ₹4.00 Cr | Satisfied |
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.
Deals i
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
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.
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.
- Charges
A charge registered on 23 Apr 2015 via Charge ID 10569704 with Lakshmi Vilas Bank Limited was fully satisfied on 28 Jun 2022.
- Charges
A charge registered on 31 Mar 2018 via Charge ID 100177553 with Others was fully satisfied on 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.
- Charges
A charge registered on 05 Aug 2019 via Charge ID 100283070 with Others was fully satisfied on 19 Nov 2021.
- Charges
A charge registered on 07 Jul 2016 via Charge ID 100067251 with Others was fully satisfied on 21 Oct 2021.
Frequently asked questions
What is the Incorporation or founding date of Navarathna Financial Services Limited?
Navarathna Financial Services Limited was incorporated on 10 Mar 2011.
What is authorized share capital and paid-up capital of Navarathna Financial Services Limited?
The authorized share capital of Navarathna Financial Services Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.15 Cr.
Who are the current board members & directors of Navarathna Financial Services Limited?
Currently 6 directors are associated with Navarathna Financial Services Limited.
- Sridharan Ramaswamy
- Chokkalingam Palaniappan
- Devikala Venkatkumar
- Sockalingam Thirunavukarasu
- Thirupathi Ramanathan Manonmani
- Annamalai Chandrasekaran
What is the registered address of Navarathna Financial Services Limited?
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.
What is the corporate identification number (CIN) and company number of Navarathna Financial Services Limited?
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).
What is the official website of Navarathna Financial Services Limited?
The Official website of Navarathna Financial Services Limited is https://www.navarathnafinance.com
What has been the recent revenue trend for Navarathna Financial Services Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Navarathna Financial Services Limited has fallen by -14.46%.
How many employees does Navarathna Financial Services Limited currently have?
As Per 2022 financial reports, 7 employees are currently employed by Navarathna Financial Services Limited.
What change has been observed in the net worth of Navarathna Financial Services Limited, and by what percentage?
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%.
When was the last Balance Sheet of Navarathna Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Navarathna Financial Services Limited was filed with the ROC on 31 Mar 2022.
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