Navarathna Financial Services Limited

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:

May 04, 2024
HomeCompanyNavarathna Financial Services Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Chokkalingam Palaniappan InManaging Director10-Mar-2011Current

Board Members(5)

NameDesignationAppointment DateStatus
Sockalingam Thirunavukarasu In Director 10-Mar-2011Current
Sridharan Ramaswamy In Director 07-Sep-2011Current
Devikala Venkatkumar In Director 22-Jun-2017Current
Thirupathi Manonmani In Director 10-Mar-2011Current
Annamalai Chandrasekaran 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹9.25 Cr

LenderAmountStatus

Others

Creation Date: 05 Aug 2019
₹2.50 MSatisfied

Others

Creation Date: 31 Mar 2018
₹4.00 CrSatisfied

Others

Creation Date: 07 Jul 2016
₹1.00 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.

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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, Chennai, Tamil Nadu, India, 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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