- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0076417

About Finresearch Advisors Private Limited
Data last updated:
Finresearch Advisors Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC250205. Its GSTIN is 27AACCF3004C1ZD (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.5 Lakh. It is led by directors including Manoj Jagannath Mhatre and Anjali Bhavin Kariya.
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 Office No. 1603 Plot No. 02 Ambience Court Sector – 19 D Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.91 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 6.9%) and EBITDA of ₹1.37 Lakh (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
The company is associated with 1 brand: FinResearch Advisors.
Finresearch Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0076417). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finresearch.in.
Company details
Recognitions & Rankings of Finresearch Advisors
Contact details
Finresearch Advisors Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is finresearch.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 1603 Plot No. 02 Ambience Court Sector – 19 D Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Finresearch Advisors 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
Brands
Finresearch Advisors operates one associated brand: FinResearch Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial consulting and advisory services for retail finance, SMEs, and entrepreneurs. | finresearch.in |
Business activity
The main business activity of Finresearch Advisors is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Finresearch Advisors Private Limited, buy the company report.
Financials of Finresearch Advisors Private Limited
FY 2025 filings availableFinresearch Advisors Private Limited reported revenue of ₹15.91 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 51% fall in the latest year. EBITDA rose 131% 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 | ₹1.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 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 | 8.6% | ||||
| Net Profit Margin | 6.9% | ||||
| 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 Finresearch Advisors Private Limited, buy the company report.
Board of directors of Finresearch Advisors Private Limited
Finresearch Advisors has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Jagannath Mhatre Also directs: Patil Mhatre & Pol LLP | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
| Anjali Bhavin Kariya | Director | 18 May 2018 | 8 Years 5 Months | Current |
| Nilesh Dnyaneshwar Patil Also directs: Patil Mhatre & Pol LLP | Director | 04 Jun 2019 | 7 Years 4 Months | Current |
| Jayesh Ladak Gori | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Finresearch Advisors Private Limited is audited by GHADI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHADI & ASSOCIATES | FY 2020 | 131110W |
Shareholding
The shareholding of Finresearch Advisors Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Finresearch Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finresearch Advisors 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 Finresearch Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finresearch Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF3004C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finresearch Advisors Private Limited, buy the company report.
Recent activity
Finresearch Advisors Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Nilesh Dnyaneshwar Patil ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Finresearch Advisors is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 November 2013 (13+ years old) and is registered under CIN U74999MH2013PTC250205.
Finresearch Advisors has 4 current directors:
- Manoj Jagannath Mhatre - Director
- Anjali Bhavin Kariya - Director
- Nilesh Dnyaneshwar Patil - Director
- Jayesh Ladak Gori - Director
The latest financial statements of Finresearch Advisors 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 2015 are in the company report.
The GSTIN of Finresearch Advisors is 27AACCF3004C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finresearch Advisors is U74999MH2013PTC250205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finresearch Advisors was incorporated on 20 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Nilesh Dnyaneshwar Patil ceased to be Additional Director on 30 Sep 2019. Gopal Kumar ceased to be Director on 04 Jun 2019. Nilesh Dnyaneshwar Patil was appointed as Director on 04 Jun 2019. Finresearch Advisors has 8 board changes on record in total.
Yes, Finresearch Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0076417).
Finresearch Advisors can be reached through the website finresearch.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Finresearch Advisors is at Office No. 1603 Plot No. 02 Ambience Court Sector – 19 D Vashi, Navi Mumbai, Maharashtra, India – 400705.

