Forward Looking Advisory Services Pvt Ltd
About Forward Looking Advisory Services Pvt Ltd
Data last updated:
Forward Looking Advisory Services Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 15 March 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65929WB1996PTC078022.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors Yash Vardhan Baid and Sunil Kumar Baid.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at N – 910 Diamond Heritage 9th Floor 16 Strand Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.1 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Cr (net margin 138.5%) and EBITDA of ₹1.41 Cr (EBITDA margin 128.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Forward Looking Advisory Services Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressN – 910 Diamond Heritage 9th Floor 16 Strand Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Forward Looking Advisory Services Pvt Ltd, 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 Forward Looking Advisory Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Forward Looking Advisory Services Pvt Ltd, buy the company report.
Financials of Forward Looking Advisory Services Pvt Ltd
FY 2021 filings availableForward Looking Advisory Services Pvt Ltd reported revenue of ₹1.1 Cr (up 44% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 31% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.41 Cr | ||||
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| Net Profit (PAT) | ₹1.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 128.3% | ||||
| Net Profit Margin | 138.5% | ||||
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To see the full financial statements and ratios of Forward Looking Advisory Services Pvt Ltd, buy the company report.
Board of directors of Forward Looking Advisory Services Pvt Ltd
Forward Looking Advisory Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Vardhan Baid Also directs: Insilco Commercial Pvt Ltd, Brijdham Commodities Private Limited, Silvertone Securities Private Limited and 2 more | Director | 01 Apr 2017 | 9 Years 6 Months | As last reported |
| Sunil Kumar Baid | Director | 15 Mar 1996 | 30 Years 7 Months | As last reported |
Peer comparison
Forward Looking Advisory Services Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealth Discovery Finance Private Limited | ₹1.1 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Novel Suppliers Pvt Ltd | ₹1.1 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Forward Looking Advisory Services Pvt Ltdthis company | ₹1.1 Cr (FY 2021) | ₹1.52 Cr | 138.5% | 44.0% | Kolkata, West Bengal, India | |
| Shiv Shankar Securities Pvt Ltd | ₹1.1 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Forward Looking Advisory Services Pvt Ltd, buy the company report.
Auditor
Forward Looking Advisory Services Pvt Ltd is audited by S K BOTHRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K BOTHRA & CO | FY 2017 | 328984E |
Shareholding
The shareholding of Forward Looking Advisory Services Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forward Looking Advisory Services Pvt Ltd, buy the company report.
Legal cases
Forward Looking Advisory Services Pvt Ltd has 2 court cases on record: 2 filed by Forward Looking Advisory Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Forward Looking Advisory Services Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forward Looking Advisory Services Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Forward Looking Advisory Services has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Forward Looking Advisory Services Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forward Looking Advisory Services Pvt Ltd has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Yash Vardhan Baid ceased to be Additional Director on 26 Sep 2017.
Frequently asked questions
Forward Looking Advisory Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Forward Looking Advisory Services was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 15 March 1996 and is registered under CIN U65929WB1996PTC078022. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Forward Looking Advisory Services was incorporated on 15 March 1996. It is registered with the Registrar of Companies, Kolkata.
Forward Looking Advisory Services had 2 directors:
- Yash Vardhan Baid - Director
- Sunil Kumar Baid - Director
The CIN (Corporate Identification Number) of Forward Looking Advisory Services is U65929WB1996PTC078022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Forward Looking Advisory Services is at N – 910 Diamond Heritage 9th Floor 16 Strand Road, Kolkata, West Bengal, India – 700001.
The latest financial statements of Forward Looking Advisory Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Forward Looking Advisory Services operated in the financial services industry, in the financial activities segment.
The peers of Forward Looking Advisory Services by revenue are Wealth Discovery Finance Private Limited, Novel Suppliers Pvt Ltd, Shiv Shankar Securities Pvt Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Forward Looking Advisory Services has 2 court cases on record: 2 filed by the company.
Yash Vardhan Baid ceased to be Additional Director on 26 Sep 2017. Sukanta Naskar ceased to be Director on 15 May 2017. Yash Vardhan Baid was appointed as Director on 01 Apr 2017. Forward Looking Advisory Services has 4 board changes on record in total.