Founded in: 1994
Managing director: Alkesh Patel
Incorporated in 1994, Amrapali Capital Finance Services Limited is engaged in the business of broking activities, shares trading, commodity trading and financing activities. The company is a recognized broker of BSE NSE and main activity of the company is broking activities.During the FY2014,the company has registered the Operating Revenue of Rs. 105.47 Lacs against the turnover of Rs. 1367.13 Lacs of previous year.The operating revenue of the company in the year 201415 stood at Rs. 652.38 Lacs as compare to Rs. 105.47 Lacs for the previous year 201314.The company is strategically taking calls to merge teams of both the verticals to increase the network without increasing the fixed costs significantly. An increased team of professionals to advice on the financial decisions of financial fluctuations and a smooth on time outsourced internal audit team to help the company to receive apt reports to take informed decisions about the segment wise performance and profitability.During the financial year 201516, the Total Revenue of the Company is stood at Rs. 515.17 Lakh as compare to Rs. 1251.18 Lakh in the previous financial year 201415 resulting in to reduction of 58.83% as against previous year.The main reasons of decrease in the revenue is, in the financial year 201516, the Company has incurred loss of Rs. 173.59 Lakh in Share Trading in comparison to income of Rs. 998.45 Lakh in previous year, due to adverse market conditions. However, there was increase in other income of the Company from Rs. 598.80 lakh to Rs. 664.70 lakh i.e. increase of 11% over previous year.During the financial year 201617, the total revenue of the Company stood at Rs. 5882.85 Lakh as compare to that of Rs. 515.17 Lakh in the previous financial year 201516 resulting in to 10 times more revenue than that of previous year. During the financial year 201718, the total loss of the Company is stood at Rs (2525.37) Lakhs as compare total income of Rs 5882.85 Lakhs in the previous financial year 201617 resulting in to reduction of 57.07% as against previous year. The main reasons of decrease in the revenue is, in the financial year 201718, the Company has incurred loss of Rs 3537.80 Lakhs in Share trading in comparison to loss of Rs 596.86 Lakhs in previous year, due to adverse market conditions.During the financial year 201819, the total revenue of the Company is stood at Rs 396831.02 Lakhs as compare total loss of Rs (2525.37) Lakhs in the previous financial year 201617. The main reasons of increase in the revenue is due to brokerage income and trading in gold,silver,bonds and shares in the FY2019.During the financial year 201920, the total revenue of the company stood at Rs 8624.19 Lakhs as compared Rs 396831.02 Lakhs during the preceding financial year 201819. The reason of decrease in revenue is non trading of silver and bonds in the current financial year 201920.
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