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Nirav Commercials Limited
Nirav Commercials Limited, with incorporation dating back to 1985, brings more than 4 decades of expertise. Nirav Commercials Limited holds the CIN L51900MH1985PLC036668 and registration number 36668. Nirav Commercials Limited is registered as company limited by shares. Authorized capital of the company is recorded at ₹2.00 crore. The total paid-up share capital is ₹39.20 lakh.
The company’s main operations are related to other wholesale [includes specialized wholesale not covered in any one of the previous categories and wholesale in a variety of goods without any particular specialization.]. It is registered in Mumbai. The registered address is listed as B-1, Tulsi Vihar, Dr. Ab Road, Worli Naka, Worli Naka, Mumbai, Mumbai, Maharashtra, India, 400018. Its current corporate status is active. According to official records, the company’s PAN is AAACN7365G. For inquiries or official matters, please email deepak@associatedgroup.com. The leadership team includes Girish Kumar Agrawal (CFO).
Company Overview
- CIN
- Date of Incorporation
- 27/06/1985
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹2,00,00,000.00
- Paid up Capital
- ₹39,20,000.00
- Activity
- Other wholesale [Includes specialized wholesale not covered in any one of the previous categories and wholesale in a variety of goods without any particular specialization.]
- deepak@associatedgroup.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Daman and Diu | 25AAACN7365G1ZF | Inactive |
| Dadra and Nagar Haveli and Daman and Diu | 26AAACN7365G1ZD | Active |
| Maharashtra | 27AAACN7365G2ZA | Active |
| 27AAACN7365G1ZB | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE242B01018 | NIRAV COMMERCIALS LIMITED EQ | - | 12/10/2026 | NIRAV COMML/SH VTG | ESVUFN |
| IN8242B01017 | NIRAV COMMERCIALS LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | NIRAV COMML/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹28.19L | ₹79.66L | ₹61.62L | ₹30.04L | ₹0.00L |
| Gross PPE | ₹113.54L | ₹206.57L | ₹211.22L | ₹167.61L | ₹0.00L |
| Inventory | ₹0.00L | ₹266.39L | ₹218.38L | ₹247.00L | ₹0.00L |
| Total Debt | ₹0.00L | ₹135.21L | ₹20.21L | ₹0.00L | ₹0.00L |
| Common Stock | ₹39.20L | ₹39.20L | ₹39.20L | ₹39.20L | ₹0.00L |
| Current Debt | ₹0.00L | ₹135.21L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹3.92L | ₹3.92L | ₹3.92L | ₹3.92L | ₹0.00L |
| Total Assets | ₹3,168.70L | ₹3,359.72L | ₹3,185.53L | ₹3,115.16L | ₹0.00L |
| Capital Stock | ₹39.20L | ₹39.20L | ₹39.20L | ₹39.20L | ₹0.00L |
| Current Assets | ₹509.09L | ₹691.77L | ₹682.56L | ₹1,839.62L | ₹0.00L |
| Prepaid Assets | ₹0.00L | ₹4.15L | ₹61.43L | ₹311.24L | ₹0.00L |
| Working Capital | ₹493.99L | ₹471.48L | ₹520.43L | ₹1,649.31L | ₹0.00L |
| Invested Capital | ₹3,139.48L | ₹3,182.66L | ₹3,007.33L | ₹2,912.69L | ₹0.00L |
| Retained Earnings | ₹2,541.68L | ₹2,499.13L | ₹2,495.94L | ₹2,473.49L | ₹0.00L |
| Common Stock Equity | ₹3,139.48L | ₹3,047.45L | ₹2,987.12L | ₹2,912.69L | ₹0.00L |
| Net Tangible Assets | ₹3,139.48L | ₹3,047.45L | ₹2,987.12L | ₹2,912.69L | ₹0.00L |
| Tangible Book Value | ₹3,139.48L | ₹3,047.45L | ₹2,987.12L | ₹2,912.69L | ₹0.00L |
| Current Liabilities | ₹15.10L | ₹220.29L | ₹162.13L | ₹190.31L | ₹0.00L |
| Stockholders Equity | ₹3,139.48L | ₹3,047.45L | ₹2,987.12L | ₹2,912.69L | ₹0.00L |
| Other Equity Interest | ₹3,100.00L | ₹3,008.00L | ₹2,948.00L | ₹2,873.00L | ₹0.00L |
| Total Capitalization | ₹3,139.48L | ₹3,047.45L | ₹3,007.33L | ₹2,912.69L | ₹0.00L |
| Ordinary Shares Number | ₹3.92L | ₹3.92L | ₹3.92L | ₹3.92L | ₹0.00L |
| Other Non Current Assets | ₹4.00L | ₹0.01L | ₹13.00L | ₹8.00L | ₹0.00L |
| Total Non Current Assets | ₹2,659.61L | ₹2,667.95L | ₹2,502.97L | ₹1,275.54L | ₹0.00L |
| Cash And Cash Equivalents | ₹4.52L | ₹8.73L | ₹20.16L | ₹173.97L | ₹0.00L |
| Accumulated Depreciation | -₹85.35L | -₹126.91L | -₹149.60L | -₹137.57L | ₹0.00L |
| Machinery Furniture Equipment | ₹56.80L | ₹146.08L | ₹150.73L | ₹120.88L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹3,139.48L | ₹3,047.45L | ₹2,987.12L | ₹2,912.69L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹29.22L | ₹312.27L | ₹198.41L | ₹202.47L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹0.00L | ₹135.21L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹4.52L | ₹8.73L | ₹93.48L | ₹843.47L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹14.12L | ₹91.98L | ₹36.28L | ₹12.16L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Free Cash Flow | -₹334.78L | -₹59.38L | ₹331.71L | ₹384.56L |
| Changes In Cash | -₹4.21L | -₹11.42L | -₹153.81L | ₹146.91L |
| End Cash Position | ₹4.52L | ₹8.73L | ₹20.16L | ₹173.97L |
| Financing Cash Flow | ₹390.10L | ₹119.58L | ₹99.96L | ₹39.70L |
| Investing Cash Flow | -₹67.11L | -₹103.07L | -₹629.15L | -₹278.84L |
| Operating Cash Flow | -₹327.20L | -₹27.93L | ₹375.38L | ₹386.05L |
| Capital Expenditure | -₹7.58L | -₹31.45L | -₹43.67L | -₹1.49L |
| Beginning Cash Position | ₹8.73L | ₹20.16L | ₹173.97L | ₹27.05L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹60.25L | ₹26.03L | ₹48.56L | ₹90.57L |
| EBITDA | ₹74.99L | ₹40.31L | ₹60.65L | ₹94.79L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹419.48L | ₹380.98L | ₹371.90L | ₹329.64L |
| Pretax Income | ₹36.06L | ₹2.75L | ₹38.90L | ₹87.33L |
| Tax Provision | -₹6.49L | -₹1.60L | ₹6.84L | ₹20.25L |
| Total Revenue | ₹1,288.98L | ₹972.64L | ₹1,052.24L | ₹961.63L |
| Cost Of Revenue | ₹869.50L | ₹591.66L | ₹680.34L | ₹631.99L |
| Total Expenses | ₹1,295.30L | ₹1,019.93L | ₹1,079.68L | ₹925.39L |
| Interest Income | ₹24.36L | ₹57.15L | ₹0.00L | ₹37.39L |
| Interest Expense | ₹24.19L | ₹23.28L | ₹9.66L | ₹3.24L |
| Operating Income | -₹6.32L | -₹47.29L | -₹27.44L | ₹36.24L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹59.50L | ₹42.13L | ₹12.06L | ₹91.09L |
| Normalized Income | ₹33.26L | ₹5.62L | -₹7.99L | ₹64.24L |
| Operating Expense | ₹425.80L | ₹428.27L | ₹399.34L | ₹293.40L |
| Operating Revenue | ₹1,288.98L | ₹972.64L | ₹1,052.24L | ₹961.63L |
| Net Interest Income | -₹1.62L | ₹32.29L | -₹13.95L | ₹33.27L |
| Total Unusual Items | ₹15.49L | -₹1.82L | ₹48.59L | ₹3.70L |
| Basic Average Shares | ₹3.92L | ₹3.92L | ₹3.92L | ₹3.92L |
| Diluted Average Shares | ₹3.92L | ₹3.92L | ₹3.92L | ₹3.92L |
| Total Other Finance Cost | ₹1.79L | ₹1.58L | ₹4.29L | ₹0.88L |
| Net Income Extraordinary | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Operating Expenses | ₹143.48L | ₹174.40L | ₹208.20L | ₹164.05L |
| Reconciled Depreciation | ₹14.74L | ₹14.28L | ₹12.09L | ₹4.22L |
| Reconciled Cost Of Revenue | ₹869.50L | ₹591.66L | ₹680.34L | ₹631.99L |
| Rent Expense Supplemental | ₹7.20L | ₹7.20L | ₹7.20L | ₹7.20L |
| Tax Effect Of Unusual Items | ₹6.20L | -₹0.55L | ₹8.54L | ₹0.86L |
| Interest Income Non Operating | ₹24.36L | ₹57.15L | ₹0.00L | ₹37.39L |
| Selling And Marketing Expense | ₹108.18L | ₹81.93L | ₹47.99L | ₹36.76L |
| Interest Expense Non Operating | ₹24.19L | ₹23.28L | ₹9.66L | ₹3.24L |
| Net Income Common Stockholders | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
| Net Income Continuous Operations | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
| Diluted NIAvailto Com Stockholders | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
| General And Administrative Expense | ₹5.93L | ₹14.80L | ₹6.46L | ₹4.11L |
| Selling General And Administration | ₹114.11L | ₹96.73L | ₹54.45L | ₹40.87L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹15.49L | -₹1.82L | ₹48.59L | ₹3.70L |
| Net Non Operating Interest Income Expense | -₹1.62L | ₹32.29L | -₹13.95L | ₹33.27L |
| Net Income Including Noncontrolling Interests | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
| Net Income From Continuing And Discontinued Operation | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
| Net Income From Continuing Operation Net Minority Interest | ₹42.55L | ₹4.35L | ₹32.06L | ₹67.08L |
Company Performance (FY23–FY26)
₹12.9 Cr₹9.7 Cr₹6.4 Cr₹3.2 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 10/07/1996 | Lalit Kumar Daga | 00089905 | Director | View other directorships |
| 30/05/2017 | Navinchandra Himchand Shah | 01193927 | Additional Director | View other directorships |
| 01/10/2018 | Amey Ashok Borkar | *****1009P | Company Secretary | |
| 29/11/2018 | Raghav Daga | 00084553 | Managing Director | View other directorships |
| 29/11/2018 | Santosh Mundhra | 08289315 | Director | View other directorships |
| 14/08/2019 | Girish Kumar Agrawal | *****9887E | CFO |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 6
- Raghav DagaManaging Director
- Santosh MundhraDirector
- Lalit Kumar DagaDirector
- Navinchandra Himchand ShahAdditional Director
- Girish Kumar AgrawalCFO
- Amey Ashok BorkarCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 15/10/2024 | Form MGT-7-15102024_signed | - |
| 12/09/2024 | Form AOC-4(XBRL)-12092024 | - |
| 11/09/2024 | Form AOC-4(XBRL)-11092024 | - |
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Address
B-1, Tulsi Vihar, Dr. Ab Road, Worli Naka, Worli Naka, Mumbai, Mumbai, Maharashtra, India, 400018
Frequently Asked Questions
What is the incorporation date of Nirav Commercials Limited?
The incorporation date of Nirav Commercials Limited is 27/06/1985.
What is the authorized share capital and paid-up capital of Nirav Commercials Limited?
The authorized share capital of Nirav Commercials Limited is ₹2,00,00,000.00. The paid-up capital is ₹39,20,000.00.
Who are the current board members & directors of Nirav Commercials Limited?
The current board member of Nirav Commercials Limited are:
- Raghav Daga
- Raghav Daga
- Santosh Mundhra
- Navinchandra Himchand Shah
- Lalit Kumar Daga
What is the registered address of Nirav Commercials Limited?
The registered address of Nirav Commercials Limited is B-1, Tulsi Vihar, Dr. Ab Road, Worli Naka, Worli Naka, Mumbai, Mumbai, Maharashtra, India, 400018.
What is the Corporate Identification Number of Nirav Commercials Limited?
The Corporate Identification Number of Nirav Commercials Limited is L51900MH1985PLC036668.