Morgan Advisory Services Ltd
About Morgan Advisory Services Ltd
Data last updated:
Morgan Advisory Services Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 18 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1994PLC062379.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors including Prabhat Goyal and Rameshwar Prasad Khetan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 Ganesh Chandra Avenue 1st Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.07 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.86 Lakh (net margin 28.5%) and EBITDA of ₹9.2 Lakh (EBITDA margin 38.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address8 Ganesh Chandra Avenue 1st Floor, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Financial Activities
- 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 Morgan Advisory Services Ltd
The main business activity of Morgan Advisory Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Morgan Advisory Services Ltd FY 2025 filings available
Morgan Advisory Services Ltd reported revenue of ₹24.07 Lakh (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Morgan Advisory Services Ltd
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 2% growth in the latest year. EBITDA rose 3% 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 Morgan Advisory Services Ltd
| 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 | ₹9.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.86 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 of Morgan Advisory Services Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.5% | •••• | •••• | •••• | •••• |
| 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 Morgan Advisory 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 Morgan Advisory Services Ltd
Morgan Advisory Services Ltd is compared with the companies closest to it by revenue in the BFSI industry (Other Financial 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 |
|---|---|---|---|---|---|---|
| Rashi Leasings Private Limited | ₹24.14 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Delhi, India |
| Chain Investment Ltd | ₹24.13 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Amro Kings Limited | ₹24.12 Lakh (FY 2021) | •••• | •••• | 12697242.0% | •••• | Chennai, Tamil Nadu, India |
| PMP Sahyog Nidhi Limited | ₹24.12 Lakh (FY 2022) | •••• | •••• | 154.0% | •••• | Manasa, Madhya Pradesh, India |
| Onetree Capital Management Private Limited | ₹24.08 Lakh (FY 2022) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
| Morgan Advisory Services Ltd this company | ₹24.07 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Limestone Properties Private Limited | ₹24.06 Lakh (FY 2018) | •••• | •••• | -96.0% | •••• | Kolkata, West Bengal, India |
| A3 Financial Services Private Limited | ₹24.04 Lakh (FY 2025) | •••• | •••• | 105.0% | •••• | Durgapur, West Bengal, India |
| Parasnath Developers Pvt Ltd | ₹24.03 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
| Tulja Enterprises Private Limited | ₹24.02 Lakh (FY 2015) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Sanchit Trade-Link Private Limited | ₹24.02 Lakh (FY 2024) | •••• | •••• | 184.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Morgan Advisory Services by revenue in the BFSI industry (Other Financial 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 Morgan Advisory Services Ltd
Morgan Advisory Services Ltd is audited by PRASANTAKUMARROYBARMAN for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRASANTAKUMARROYBARMAN | 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 Morgan Advisory Services Ltd
Morgan Advisory Services has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Goyal Also directs: Deepson Dealing Pvt.Ltd., Limelight Dealtrade Private Limited, Premium Marine Products Ltd and 5 more | Director | 01 Sep 2014 | 12 Years 1 Months | Current |
| Sitaram Fogla | Additional Director | 25 May 2022 | 4 Years 4 Months | Current |
| Rameshwar Prasad Khetan Also directs: Monark Commodeal Private Limited, Premium Marine Products Ltd, Safal Suppliers Private Limited and 5 more | Director | 31 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Morgan Advisory Services Ltd
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 Morgan Advisory Services Ltd
Morgan Advisory Services Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Morgan Advisory Services Ltd
Employment history and EPFO contributions of people linked to Morgan Advisory 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.
Group Structure of Morgan Advisory Services Ltd
Morgan Advisory Services has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
CIN History of Morgan Advisory Services Ltd
Morgan Advisory Services has one previous CIN (Corporate Identification Number): L74140WB1994PLC062379. The current CIN is U74140WB1994PLC062379, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140WB1994PLC062379 | Current |
| L74140WB1994PLC062379 | Previous |
Recent Activity on Morgan Advisory Services Ltd
Morgan Advisory Services Ltd has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Sitaram Fogla was appointed as Additional Director on 25 May 2022.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Morgan Advisory Services Ltd
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 Morgan Advisory Services Ltd
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 Morgan Advisory Services Ltd
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 Morgan Advisory Services Ltd
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 Morgan Advisory Services Ltd
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 Morgan Advisory Services Ltd
Morgan Advisory Services is an active public limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 18 March 1994 (32+ years old) and is registered under CIN U74140WB1994PLC062379.
Morgan Advisory Services reported revenue of ₹24.07 Lakh for FY 2025 (up 2% YoY).
Morgan Advisory Services has 3 current directors:
- Prabhat Goyal - Director
- Sitaram Fogla - Additional Director
- Rameshwar Prasad Khetan - Director
Morgan Advisory Services reported a net profit of ₹6.86 Lakh (net margin 28.5%) and EBITDA of ₹9.2 Lakh (EBITDA margin 38.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Morgan Advisory Services is -3% over three years and 51% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Morgan Advisory Services is U74140WB1994PLC062379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morgan Advisory Services was incorporated on 18 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Morgan Advisory Services by revenue are Rashi Leasings Private Limited, Chain Investment Ltd, Amro Kings Limited, PMP Sahyog Nidhi Limited, Onetree Capital Management Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Sitaram Fogla was appointed as Additional Director on 25 May 2022. Arun Kumar Khemka ceased to be Additional Director on 30 Sep 2019. Rameshwar Prasad Khetan ceased to be Additional Director on 30 Sep 2019. Morgan Advisory Services has 15 board changes on record in total.
The registered office of Morgan Advisory Services is at 8 Ganesh Chandra Avenue 1st Floor, Kolkata, West Bengal, India – 700013.
Morgan Advisory Services has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.07 Cr.