Avasant Advisory India Private Limited

Avasant Advisory India Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74994MH2018FTC313347 Incorporated 31 August 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹34.61 Cr
▲ 52% YoY
Net profit · FY 2024
₹3.28 Cr
Net margin 9.5%
EBITDA · FY 2024
₹4.87 Cr
EBITDA margin 14.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
94
Provident fund records
Directors on board
2
As per MCA filings

About Avasant Advisory India Private Limited

Data last updated:

Avasant Advisory India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Avasant T & T Consulting Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2018FTC313347. Its GSTIN is 27AARCA2500M1ZJ (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kevin Sujit Parikh (Managing Director) and Akshay Khanna.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.61 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Cr (net margin 9.5%) and EBITDA of ₹4.87 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 98% over five years.

The company has about 94 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Avasant.

For more details, the company can be reached via its website avasant.com.

Company details

CIN U74994MH2018FTC313347
Registration Number 313347
Incorporation Date 31 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Avasant T & T Consulting Limited

Contact details

Avasant Advisory India Private Limited's registered office is in Mumbai, Maharashtra. Its website is avasant.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Flat No. 102 Plot No. 81 Chandan Hira, Jawahar Nagar Road No. 4 Near Jain Temple, Mumbai, Maharashtra, India – 400104
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Avasant Advisory India Private Limited, buy the company report.

Comprehensive company report
Avasant Advisory India Private Limited - one report that includes everything
  • 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
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Brands

Avasant Advisory India operates one associated brand: Avasant. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive digital transformation consulting, cloud, and data management services.avasant.com

Business activity

The main business activity of Avasant Advisory India is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Avasant Advisory India Private Limited, buy the company report.

Financials of Avasant Advisory India Private Limited

FY 2025 filings available

Avasant Advisory India Private Limited reported revenue of ₹34.61 Cr (up 52% YoY) for FY 2024.

Revenue · FY 2024
₹34.61 Cr ▲ 52%
Net profit · FY 2024
₹3.28 Cr margin 9.5%
EBITDA · FY 2024
₹4.87 Cr margin 14.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 56%
5 years · compounded
▲ 98%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 59%
5 years · compounded
▲ 83%

Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 52% growth in the latest year. EBITDA rose 53% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.28 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.1%
Net Profit Margin9.5%
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 Avasant Advisory India Private Limited, buy the company report.

Board of directors of Avasant Advisory India Private Limited

Avasant Advisory India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kevin Sujit ParikhManaging Director05 Oct 20188 Years 0 MonthsCurrent
Akshay KhannaDirector31 Aug 20188 Years 1 MonthsCurrent

Peer comparison

Avasant Advisory India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Excellence Visionary Services Private Limited₹35.28 Cr (FY 2024)Lucknow, Uttar Pradesh, India
Libra Management Services Private Limited₹35.17 Cr (FY 2025)-39.0%Bangalore, Karnataka, India
Carnation Hotels Private Limited₹35.05 Cr (FY 2024)33.0%New Delhi, Delhi, India
Mapletree India Management Services Private Limited₹34.79 Cr (FY 2024)48.0%Chennai, Tamil Nadu, India
Cait Edusys Private Limited₹34.74 Cr (FY 2024)25.0%Pune, Maharashtra, India
Avasant Advisory India Private Limitedthis company₹34.61 Cr (FY 2024)₹3.28 Cr9.5%52.0%94Mumbai, Maharashtra, India
Pioneer Property Zone Services Private Limited₹34.6 Cr (FY 2025)0.0%Mumbai, Maharashtra, India
Essar Management Services Private Limited₹34.38 Cr (FY 2025)30.0%Kottayam, Kerala, India
Midas Management & Consulting Services Private Limited₹34.32 Cr (FY 2017)239.0%New Delhi, Delhi, India
Sathguru Management Consultants Pvt Ltd₹34.27 Cr (FY 2024)40.0%Hyderabad, Telangana, India
Vohra Wound Care Private Limited₹34.23 Cr (FY 2025)35.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Avasant Advisory India Private Limited, buy the company report.

Auditor

Avasant Advisory India Private Limited is audited by U C SHAH & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
U C SHAH & COFY 2022109807W

Shareholding

The shareholding of Avasant Advisory India Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Avasant Advisory India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avasant Advisory India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Avasant Advisory India Private Limited has a workforce of 94 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
94
Active EPFO establishments
1
Employee growth
36.23%

GST

Avasant Advisory India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AARCA2500M1ZJMaharashtraActive03 Jan 2019
07AARCA2500M1ZLDelhiActive21 Feb 2019

To see the full GST registrations and return filing status of Avasant Advisory India Private Limited, buy the company report.

Recent activity

Avasant Advisory India Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Pradeep Kumar Mukherji ceased to be Director on 31 Dec 2022.

AGM
Avasant Advisory India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avasant Advisory India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Pradeep Kumar Mukherji ceased to be Director.
Appointed
Kevin Sujit Parikh was appointed as Managing Director.
Appointed
Akshay Khanna was appointed as Director.
Incorporation
31 Aug 2018
Avasant Advisory India Private Limited was registered on 31 Aug 2018 with Roc Mumbai & aged 8 years 2 months as per MCA records.

Frequently asked questions

Avasant Advisory India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 31 August 2018 (8+ years old) and is registered under CIN U74994MH2018FTC313347.

Avasant Advisory India has 2 current directors:

The latest financial statements of Avasant Advisory India 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 2019 are in the company report.

The GSTIN of Avasant Advisory India is 27AARCA2500M1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AARCA2500M1ZL (Delhi).

The CIN (Corporate Identification Number) of Avasant Advisory India is U74994MH2018FTC313347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avasant Advisory India was incorporated on 31 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Avasant Advisory India by revenue are Excellence Visionary Services Private Limited, Libra Management Services Private Limited, Carnation Hotels Private Limited, Mapletree India Management Services Private Limited, Cait Edusys Private Limited and 5 more, all in the same principal business activity (management consultancy activities).

Pradeep Kumar Mukherji ceased to be Director on 31 Dec 2022. Kevin Sujit Parikh was appointed as Managing Director on 05 Oct 2018. Akshay Khanna was appointed as Director on 31 Aug 2018.

Avasant Advisory India can be reached through the website avasant.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Avasant Advisory India is at Flat No. 102 Plot No. 81 Chandan Hira, Jawahar Nagar Road No. 4 Near Jain Temple, Mumbai, Maharashtra, India – 400104.

Avasant Advisory India operates in the business outsourcing industry, in the business and IT consulting segment.