Changeworks Consulting Services Private Limited
About Changeworks Consulting Services Private Limited
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Changeworks Consulting Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 07 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2005PTC150497. Its GSTIN is 27AADCC8725A1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramamoorthy Sankarasubramanyan and Wasundhara Vinay Joshi.
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 C/111 Sunrise Apartments Raheja Vihar Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.5 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹48,666 (net margin -0.8%) and EBITDA of -₹48,666 (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/111 Sunrise Apartments Raheja Vihar Powai, Mumbai, Maharashtra, India – 400076
- IndustryBusiness Services, Management Consultancy
- 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
- One PDF report, delivered after checkout
Business Activity of Changeworks Consulting Services Private Limited
The main business activity of Changeworks Consulting Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Changeworks Consulting Services Private Limited FY 2025 filings available
Changeworks Consulting Services Private Limited reported revenue of ₹60.5 Lakh (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Changeworks Consulting Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 58% fall in the latest year. EBITDA rose 69% 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 Changeworks Consulting Services Private Limited
| 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 | -₹48,666 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹48,666 | •••• | •••• | •••• | •••• |
| 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 of Changeworks Consulting Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Changeworks Consulting Services are in the company report.
Financial statements from 2015
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.
Peer Comparison of Changeworks Consulting Services Private Limited
Changeworks Consulting Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspirational Affordable Housing Private Limited | ₹60.63 Lakh (FY 2024) | •••• | •••• | 715.0% | •••• | Mumbai, Maharashtra, India |
| Girdhar Impex Limited | ₹60.6 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Siron Consulting Private Limited | ₹60.59 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Pro CLB Global Limited Listed | ₹60.54 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Quills Interstice Private Limited | ₹60.52 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Changeworks Consulting Services Private Limited this company | ₹60.5 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Mumbai, Maharashtra, India |
| Handshake Traders Private Limited | ₹60.5 Lakh (FY 2024) | •••• | •••• | 140.0% | •••• | New Delhi, Delhi, India |
| Lacewood Consulting Private Limited | ₹60.47 Lakh (FY 2025) | •••• | •••• | 192.0% | •••• | Mumbai, Maharashtra, India |
| Amititek Solutions Private Limited | ₹60.46 Lakh (FY 2016) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Kanitkar & Kanitkar Financial Services Private Limited | ₹60.4 Lakh (FY 2025) | •••• | •••• | 156.0% | •••• | Thane, Maharashtra, India |
| Ingrain Consulting Services Private Limited | ₹60.39 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Changeworks Consulting Services by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Changeworks Consulting Services Private Limited
Changeworks Consulting Services Private Limited is audited by SHAILESH GANDHI & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAILESH GANDHI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Changeworks Consulting Services Private Limited
Changeworks Consulting Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamoorthy Sankarasubramanyan | Director | 07 Jan 2005 | 21 Years 9 Months | Current |
| Wasundhara Vinay Joshi | Director | 07 Apr 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Changeworks Consulting Services Private Limited
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 Changeworks Consulting Services Private Limited
Changeworks Consulting Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Changeworks Consulting Services Private Limited
Employment history and EPFO contributions of people linked to Changeworks Consulting Services.
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 Changeworks Consulting Services Private Limited
Changeworks Consulting Services Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Madhukar Bhaskar Sakorkar ceased to be Director on 10 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Changeworks Consulting Services Private Limited
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 Changeworks Consulting Services Private Limited
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 Changeworks Consulting Services Private Limited
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 Changeworks Consulting Services Private Limited
Changeworks Consulting Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC8725A1ZX | Maharashtra | Active | 01 Jul 2017 |
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 Changeworks Consulting Services Private Limited
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 Changeworks Consulting Services Private Limited
Changeworks Consulting Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 07 January 2005 (21+ years old) and is registered under CIN U74999MH2005PTC150497.
Changeworks Consulting Services reported revenue of ₹60.5 Lakh for FY 2025 (down 58% YoY).
Changeworks Consulting Services has 2 current directors:
- Ramamoorthy Sankarasubramanyan - Director
- Wasundhara Vinay Joshi - Director
Changeworks Consulting Services reported a net loss of ₹48,666 (net margin -0.8%) and EBITDA of -₹48,666 (EBITDA margin -0.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Changeworks Consulting Services is 52% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Changeworks Consulting Services is 27AADCC8725A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Changeworks Consulting Services is U74999MH2005PTC150497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Changeworks Consulting Services was incorporated on 07 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Changeworks Consulting Services by revenue are Aspirational Affordable Housing Private Limited, Girdhar Impex Limited, Siron Consulting Private Limited, Pro CLB Global Limited, Quills Interstice Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Madhukar Bhaskar Sakorkar ceased to be Director on 10 Jul 2024. Bilol Bose ceased to be Director on 06 Jun 2014. Wasundhara Vinay Joshi was appointed as Director on 07 Apr 2010. Changeworks Consulting Services has 7 board changes on record in total.
The registered office of Changeworks Consulting Services is at C111 Sunrise Apartments Raheja Vihar Powai, Mumbai, Maharashtra, India – 400076.