# Over 6.6 lakh Indian companies missed annual filings in FY25

2026-08-06T18:22:06+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

More than 664,000 eligible companies failed to file annual returns and 662,349 missed financial statements in 2024-25, government data tabled in the Lok Sabha shows. The non-filing rates reached 37.7% and 37.5%, respectively, up from about 23% five years earlier. Yet action was initiated against just 277 companies for missing annual returns and 291 for missing financial statements. Lawyers cited inactive firms, financial stress, rising compliance demands, portal problems, audit delays and limited support for smaller businesses. The number of eligible companies rose 58% to 1.76 million in five years. The Ministry of Corporate Affairs database had 3.15 million registered companies as of June 2026, including 2.12 million classified as active, according to its portal.

## Coverage

- livemint.com <https://www.livemint.com/industry/mca-company-filing-defaults-annual-returns-financial-statements-compliance-11785992175298.html>

Tags: business records, company filings, corporate compliance, MCA, small businesses
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