Blue Sky Consulting LLP
About Blue Sky Consulting LLP
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Blue Sky Consulting LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 June 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAE-1571.
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners including Devika Sandeep Shah and Bhavna Ashok Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹28.22 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹17.45 Lakh (net margin 61.9%) and EBITDA of ₹5.08 Lakh (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
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- Registered AddressBuilding I Floor Mezzanine Paragon Centre, Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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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Financials of Blue Sky Consulting LLP FY 2025 filings available
Blue Sky Consulting LLP reported revenue of ₹28.22 Lakh (down 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Blue Sky Consulting LLP
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 51% 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 of Blue Sky Consulting LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹17.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Blue Sky Consulting LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 61.9% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Blue Sky Consulting are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Blue Sky Consulting LLP
Blue Sky Consulting has 3 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devika Sandeep Shah Also directs: Blue Barn Advisors LLP, Vanee Creative Services Private Limited | Designated Partner | 01 Jun 2024 | 2 Years 4 Months | Current |
| Bhavna Ashok Shah Also directs: Blue Barn Advisors LLP | Designated Partner | 01 Jun 2024 | 2 Years 4 Months | Current |
| Jyotsana Jayendra Shah Also directs: Blue Barn Advisors LLP, JJS Advisors LLP | Designated Partner | 01 Jun 2024 | 2 Years 4 Months | Current |
Ownership and Shareholding of Blue Sky Consulting LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Blue Sky Consulting LLP
Blue Sky Consulting LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Blue Sky Consulting LLP
Employment history and EPFO contributions of people linked to Blue Sky Consulting.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Blue Sky Consulting LLP
Blue Sky Consulting LLP has 6 designated partner changes on record since 2019: 3 appointments and 3 cessations. The latest: Bhavna Ashok Shah was appointed as Designated Partner on 01 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Blue Sky Consulting LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Blue Sky Consulting LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Blue Sky Consulting LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Blue Sky Consulting LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Blue Sky Consulting LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Blue Sky Consulting LLP
Blue Sky Consulting is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 June 2015 (11+ years old) and is registered under LLPIN AAE-1571.
Blue Sky Consulting reported revenue of ₹28.22 Lakh for FY 2023 (down 18% YoY).
Blue Sky Consulting has 3 current designated partners:
- Devika Sandeep Shah - Designated Partner
- Bhavna Ashok Shah - Designated Partner
- Jyotsana Jayendra Shah - Designated Partner
Blue Sky Consulting reported a net profit of ₹17.45 Lakh (net margin 61.9%) and EBITDA of ₹5.08 Lakh (EBITDA margin 18%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blue Sky Consulting is -8% over three years and 12% over five years. In the latest year (FY 2023) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Blue Sky Consulting is AAE-1571. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Blue Sky Consulting was incorporated on 12 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavna Ashok Shah was appointed as Designated Partner on 01 Jun 2024. Devika Sandeep Shah was appointed as Designated Partner on 01 Jun 2024. Jyotsana Jayendra Shah was appointed as Designated Partner on 01 Jun 2024. Blue Sky Consulting has 6 designated partner changes on record in total.
The registered office of Blue Sky Consulting is at Building I Floor Mezzanine Paragon Centre, Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400013.
The total obligation of contribution is ₹5 Lakh.