
Addwealth Financial Services Private Limited
About Addwealth Financial Services Private Limited
Data last updated:
Addwealth Financial Services Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the consultancy services segment of the financial services sector. It was incorporated on 18 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH2020PTC338954. Its GSTIN is 27AATCA4006E1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Asha Ranjan Jhawar and Shashank Ranjan Jhawar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Off No. 28 Sita Vihar Above Htl Shubh Damani Estate, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.39 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹18.71 Lakh (net margin 20.3%) and EBITDA of ₹27.6 Lakh (EBITDA margin 29.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
Company details
Contact details
Addwealth Financial Services Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOff No. 28 Sita Vihar Above Htl Shubh Damani Estate, Thane, Maharashtra, India – 400602
- IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
To see the full contact details of Addwealth 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
Business activity
The main business activity of Addwealth Financial Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Addwealth Financial Services Private Limited, buy the company report.
Financials of Addwealth Financial Services Private Limited
FY 2025 filings availableAddwealth Financial Services Private Limited reported revenue of ₹92.39 Lakh (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.9% | ||||
| Net Profit Margin | 20.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Addwealth Financial Services Private Limited, buy the company report.
Board of directors of Addwealth Financial Services Private Limited
Addwealth Financial Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Ranjan Jhawar Also directs: JP Beraters Private Limited | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
| Shashank Ranjan Jhawar Also directs: Indus Capabilities LLP | Director | 18 Mar 2020 | 6 Years 7 Months | Current |
| Meeta Krishnan Iyer | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Addwealth Financial Services Private Limited is audited by DARSHIL I NISHAR AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARSHIL I NISHAR AND ASSOCIATES | FY 2023 | 0148519W |
Shareholding
The shareholding of Addwealth Financial Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Addwealth Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Addwealth Financial Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Addwealth Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Addwealth Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA4006E1ZT | Maharashtra | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Addwealth Financial Services Private Limited, buy the company report.
Recent activity
Addwealth Financial Services Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Pradeep Kumar Dhar ceased to be Director on 10 Jul 2023.
Frequently asked questions
Addwealth Financial Services is an active private limited company based in Thane, Maharashtra, India. The company works in consultancy, within the financial services industry. It was incorporated on 18 March 2020 (6+ years old) and is registered under CIN U65929MH2020PTC338954.
Addwealth Financial Services has 3 current directors:
- Asha Ranjan Jhawar - Director
- Shashank Ranjan Jhawar - Director
- Meeta Krishnan Iyer - Director
The latest financial statements of Addwealth Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Addwealth Financial Services is 27AATCA4006E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Addwealth Financial Services is U65929MH2020PTC338954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addwealth Financial Services was incorporated on 18 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Pradeep Kumar Dhar ceased to be Director on 10 Jul 2023. Asha Ranjan Jhawar was appointed as Director on 25 Nov 2021. Meeta Krishnan Iyer was appointed as Director on 25 Nov 2021. Addwealth Financial Services has 5 board changes on record in total.
The registered office of Addwealth Financial Services is at Off No. 28 Sita Vihar Above Htl Shubh Damani Estate, Thane, Maharashtra, India – 400602.
Addwealth Financial Services operates in the financial services industry, in the consultancy segment.
Addwealth Financial Services can be reached at its registered office: Off No. 28 Sita Vihar Above Htl Shubh Damani Estate, Thane, Maharashtra, India – 400602.

