Friends Advisory Services Private Limited

Friends Advisory Services Private Limited - professional services in Delhi, India. FY 2026 financials & compliance.
CIN U93000DL2009PTC192870 Incorporated 04 August 2009 ROC Delhi HQ Delhi, India
Active Private Limited Company professional services MSME · Micro
Revenue · FY 2024
₹21.52 Lakh
▼ 1% YoY
Net loss · FY 2024
₹70,525
Net margin -3.3%
EBITDA · FY 2024
₹5.45 Lakh
EBITDA margin 25.3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Friends Advisory Services Private Limited

Data last updated:

Friends Advisory Services Private Limited is a private limited company based in Delhi, India. It operates in the taxation and compliance segment of the professional services sector. It was incorporated on 04 August 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2009PTC192870.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhu Bala and Reshu Goyal.

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 1/7468 Gali No. 15 East Gorakh Park Shahdara, Delhi, India – 110032.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.52 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹70,525 (net margin -3.3%) and EBITDA of ₹5.45 Lakh (EBITDA margin 25.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.

Friends Advisory Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-02-0019593). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U93000DL2009PTC192870
Registration Number 192870
Incorporation Date 04 August 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-02-0019593
Key People
Madhu Bala Director Reshu Goyal Director

Recognitions & Rankings of Friends Advisory Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-HR-02-0019593

Contact details

Friends Advisory Services Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1/7468 Gali No. 15 East Gorakh Park Shahdara, Delhi, India – 110032
  • Industry
    Professional Services, Taxation, Book Keeping, Accounting

To see the full contact details of Friends Advisory Services Private Limited, buy the company report.

Comprehensive company report
Friends Advisory Services 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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Business activity

The main business activity of Friends Advisory Services is professional, scientific and technical activities. In detail, this covers legal and accounting activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities69Legal and accounting activities

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

Financials of Friends Advisory Services Private Limited

FY 2025 filings available

Friends Advisory Services Private Limited reported revenue of ₹21.52 Lakh (down 1% YoY) for FY 2024.

Revenue · FY 2024
₹21.52 Lakh ▼ 1%
Net loss · FY 2024
₹70,525 margin -3.3%
EBITDA · FY 2024
₹5.45 Lakh margin 25.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 12%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 32%
5 years · compounded
▲ 24%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 34% 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₹5.45 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹70,525
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 Margin25.3%
Net Profit Margin-3.3%
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 Friends Advisory Services Private Limited, buy the company report.

Board of directors of Friends Advisory Services Private Limited

Friends Advisory Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhu BalaDirector25 Mar 20179 Years 7 MonthsCurrent
Reshu GoyalDirector04 Aug 200917 Years 3 MonthsCurrent
View all directors

Peer comparison

Friends Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (legal and accounting activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Servbiz Solutions and Services Private Limited₹21.72 Lakh (FY 2025)28.0%Bangalore, Karnataka, India
Absolute Accounting and Taxation Advisory Services Private Limited₹21.72 Lakh (FY 2024)106.0%Pune, Maharashtra, India
Acevalue Advisors Private Limited₹21.67 Lakh (FY 2025)-20.0%Mumbai, Maharashtra, India
Brinkush Servicio Private Limited₹21.67 Lakh (FY 2025)6.0%Kolkata, West Bengal, India
Yas Assignment Private Limited₹21.62 Lakh (FY 2025)-4.0%New Delhi, Delhi, India
Friends Advisory Services Private Limitedthis company₹21.52 Lakh (FY 2024)-₹70,525-3.3%-1.0%Delhi, India
Precisione Tax Advisors Private Limited₹21.5 Lakh (FY 2024)New Delhi, Delhi, India
Cogent Professionals Private Limited₹21.48 Lakh (FY 2024)-86.0%Hyderabad, Telangana, India
Xsparsh Consulting and Advisory Services (OPC) Private Limited₹21.25 Lakh (FY 2025)13.0%Ahmedabad, Gujarat, India
Ozone Bizwise Private Limited₹21.19 Lakh (FY 2025)-63.0%Aurangabad, Maharashtra, India
Cytoware Private Limited₹21.14 Lakh (FY 2025)399.0%Hyderabad, Telangana, India

To see the full peer comparison of Friends Advisory Services Private Limited, buy the company report.

Auditor

Friends Advisory Services Private Limited is audited by DEEPAK MITTAL & CO. for the financial year 2016.

Auditor firmFinancial yearFirm registration number
DEEPAK MITTAL & CO.FY 2016019125N

Shareholding

The shareholding of Friends Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Friends Advisory Services Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Friends Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Friends Advisory Services Private Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Pushpa Devi ceased to be Director on 31 Mar 2024.

AGM
Friends Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Friends Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Pushpa Devi ceased to be Director.
Ceased
Sachin Gupta ceased to be Director.
Appointed
Sachin Gupta was appointed as Director.
Appointed
Pushpa Devi was appointed as Director.
Appointed
Madhu Bala was appointed as Director.
Ceased
Prem Chand Goyal ceased to be Director.
Appointed
Prem Chand Goyal was appointed as Director.
Appointed
Reshu Goyal was appointed as Director.
Incorporation
04 Aug 2009
Friends Advisory Services Private Limited was registered on 04 Aug 2009 with Roc Delhi Ii & aged 17 years 3 months as per MCA records.

Frequently asked questions

Friends Advisory Services is an active private limited company based in Delhi, India. The company works in taxation, within the professional services industry. It was incorporated on 04 August 2009 (17+ years old) and is registered under CIN U93000DL2009PTC192870.

Friends Advisory Services has 2 current directors:

The latest financial statements of Friends Advisory Services 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 CIN (Corporate Identification Number) of Friends Advisory Services is U93000DL2009PTC192870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Friends Advisory Services was incorporated on 04 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Friends Advisory Services by revenue are Servbiz Solutions and Services Private Limited, Absolute Accounting and Taxation Advisory Services Private Limited, Acevalue Advisors Private Limited, Brinkush Servicio Private Limited, Yas Assignment Private Limited and 5 more, all in the same principal business activity (legal and accounting activities).

Pushpa Devi ceased to be Director on 31 Mar 2024. Sachin Gupta ceased to be Director on 31 Mar 2024. Sachin Gupta was appointed as Director on 31 Jul 2021. Friends Advisory Services has 8 board changes on record in total.

Yes, Friends Advisory Services is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-02-0019593).

The registered office of Friends Advisory Services is at 17468 Gali No. 15 East Gorakh Park Shahdara, Delhi, India – 110032.

Friends Advisory Services operates in the professional services industry, in the taxation segment.

The compliance status of Friends Advisory Services is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.