Aarthik Financial Services Private Limited
About Aarthik Financial Services Private Limited
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Aarthik Financial Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 24 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2012PTC062692. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajith Kumar Alva and Pradeep Suryanarayan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.09 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹5.06 Lakh (net margin -242%) and EBITDA of -₹5.06 Lakh (EBITDA margin -242%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 32% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aarthik Financial Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204/C Ground Floor Millers Road Opposite Jain Nursing Institute Vasanth, Nagar, Bangalore, Karnataka, India – 560052
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Aarthik Financial Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Aarthik Financial Services Private Limited
FY 2024 filings availableAarthik Financial Services Private Limited reported revenue of ₹2.09 Lakh (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 88% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.09 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -242% | ||||
| Net Profit Margin | -242% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aarthik Financial Services Private Limited, buy the company report.
Board of directors of Aarthik Financial Services Private Limited
Aarthik Financial Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Suryanarayan Also directs: Karunadu Project's LLP, Revedam Innovations Private Limited, Redot Business Advisors Private Limited and 1 more | Additional Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Ajith Kumar Alva | Director | 24 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Aarthik Financial Services Private Limited is audited by NAIK KOTRAPPA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIK KOTRAPPA & ASSOCIATES | FY 2021 | 006180S |
Shareholding
The shareholding of Aarthik Financial Services Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aarthik Financial Services Private Limited, buy the company report.
Legal cases
Aarthik Financial Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Aarthik Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aarthik Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aarthik Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aarthik Financial Services Private Limited, buy the company report.
Recent activity
Aarthik Financial Services Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Veena Ajith ceased to be Director on 01 Mar 2024.
Frequently asked questions
Aarthik Financial Services is an active private limited company based in Bangalore, Karnataka, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 24 February 2012 (14+ years old) and is registered under CIN U67190KA2012PTC062692.
Aarthik Financial Services has 2 current directors:
- Pradeep Suryanarayan - Additional Director
- Ajith Kumar Alva - Director
The latest financial statements of Aarthik Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Aarthik Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aarthik Financial Services is U67190KA2012PTC062692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarthik Financial Services has 2 court cases on record: 2 filed against it.
Aarthik Financial Services was incorporated on 24 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Veena Ajith ceased to be Director on 01 Mar 2024. Pradeep Suryanarayan was appointed as Additional Director on 29 Feb 2024. Shivakumar Dorai ceased to be Additional Director on 30 Sep 2022. Aarthik Financial Services has 5 board changes on record in total.
The registered office of Aarthik Financial Services is at 204C Ground Floor Millers Road Opposite Jain Nursing Institute Vasanth, Nagar, Bangalore, Karnataka, India – 560052.
Aarthik Financial Services operates in the business outsourcing industry, in the accounting and financial analysis segment.
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