Mhar Advisory Private Limited

Mhar Advisory Private Limited - business services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U74999GJ2021PTC122187 Incorporated 22 April 2021 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company business services
Revenue · FY 2025
₹12,700
▲ 10% YoY
Net profit · FY 2025
₹1,915
Net margin 15.1%
EBITDA · FY 2025
₹2,516
EBITDA margin 19.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹12,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Mhar Advisory Private Limited

Data last updated:

Mhar Advisory Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 22 April 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2021PTC122187. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹12,000. It is led by directors including Rahul Rameshlal Ramani (Managing Director) and Jayminbhai Bhupendrabhai Kapatel.

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 E – 411 4th Floor Sumel Business Park – 6 Dudheshwar Road Shahibaug, Ahmedabad, Gujarat, India – 380004.

As per the financials filed for FY 2025, the company reported a revenue of ₹12,700, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1,915 (net margin 15.1%) and EBITDA of ₹2,516 (EBITDA margin 19.8%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.

Company details

CIN U74999GJ2021PTC122187
Registration Number 122187
Incorporation Date 22 April 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active

Contact details

Mhar Advisory Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    E – 411 4th Floor Sumel Business Park – 6 Dudheshwar Road Shahibaug, Ahmedabad, Gujarat, India – 380004
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

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

Comprehensive company report
Mhar Advisory 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 Mhar Advisory is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

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

Financials of Mhar Advisory Private Limited

FY 2025 filings available

Mhar Advisory Private Limited reported revenue of ₹12,700 (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹12,700 ▲ 10%
Net profit · FY 2025
₹1,915 margin 15.1%
EBITDA · FY 2025
₹2,516 margin 19.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 59%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 8%

Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 59%. EBITDA rose 10% 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 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹2,516
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1,915
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 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin19.8%
Net Profit Margin15.1%
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 Mhar Advisory Private Limited, buy the company report.

Board of directors of Mhar Advisory Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Mahesh Rajkumar LalwaniAdditional Director22 Apr 20215 Years 6 MonthsCurrent
Rahul Rameshlal RamaniManaging Director22 Apr 20215 Years 6 MonthsCurrent
Jayminbhai Bhupendrabhai KapatelDirector19 Oct 20233 Years 0 MonthsCurrent

MSME payment delays

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

GST

Mhar Advisory has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Mhar Advisory Private Limited, buy the company report.

Recent activity

Mhar Advisory Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Jayminbhai Bhupendrabhai Kapatel was appointed as Director on 19 Oct 2023.

AGM
Mhar Advisory Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mhar Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jayminbhai Bhupendrabhai Kapatel was appointed as Director.
Ceased
Mahesh Rajkumar Lalwani ceased to be Director.
Ceased
Anil Tahelram Dodani ceased to be Director.
Ceased
Hitesh Manoharlal Kalani ceased to be Director.
Appointed
Mahesh Rajkumar Lalwani was appointed as Additional Director.
Appointed
Rahul Rameshlal Ramani was appointed as Managing Director.
Incorporation
22 Apr 2021
Mhar Advisory Private Limited was registered on 22 Apr 2021 with Roc Ahmedabad & aged 5 years 6 months as per MCA records.

Frequently asked questions

Mhar Advisory is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 22 April 2021 (5+ years old) and is registered under CIN U74999GJ2021PTC122187.

Mhar Advisory has 3 current directors:

The latest financial statements of Mhar Advisory 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 FY 2022 are in the company report.

No. Mhar Advisory has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Mhar Advisory is U74999GJ2021PTC122187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mhar Advisory was incorporated on 22 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jayminbhai Bhupendrabhai Kapatel was appointed as Director on 19 Oct 2023. Mahesh Rajkumar Lalwani ceased to be Director on 18 Oct 2023. Anil Tahelram Dodani ceased to be Director on 19 Nov 2022. Mhar Advisory has 6 board changes on record in total.

The registered office of Mhar Advisory is at E – 411 4th Floor Sumel Business Park – 6 Dudheshwar Road Shahibaug, Ahmedabad, Gujarat, India – 380004.

Mhar Advisory operates in the business services industry, in the other services segment.

Mhar Advisory can be reached at its registered office: E – 411 4th Floor Sumel Business Park – 6 Dudheshwar Road Shahibaug, Ahmedabad, Gujarat, India – 380004.