Nine Advisors Private Limited

Nine Advisors Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U67190MH1997PTC108986 Incorporated 24 June 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹25.63 Cr
▲ 9% YoY
Net profit · FY 2025
₹23.82 Cr
Net margin 92.9%
EBITDA · FY 2025
₹25.9 Cr
EBITDA margin 101%
Authorised capital
₹2.75 Cr
Registered with MCA
Paid-up capital
₹14.89 Lakh
Issued & subscribed
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Nine Advisors Private Limited

Data last updated:

Nine Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 24 June 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1997PTC108986. Its GSTIN is 27AAACA9448B1ZU (Maharashtra).

The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹14.89 Lakh. It was formerly known as Aw Corporate Financial Pvt Ltd and Aw Holding Private Limited. It is led by directors Reena Ashok Wadhwa and Ashok Wadhwa.

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 C – 601 One BKC G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2025, the company reported a revenue of ₹25.63 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹23.82 Cr (net margin 92.9%) and EBITDA of ₹25.9 Cr (EBITDA margin 101%). Revenue has grown at a compounded annual rate (CAGR) of 22% over five years.

Court records list 3 cases involving the company, including 3 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U67190MH1997PTC108986
Registration Number 108986
Incorporation Date 24 June 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Nine Advisors has undergone 2 name changes throughout its history. The company was previously known as Aw Corporate Financial Pvt Ltd, and Aw Holding Private Limited. The current legal name is Nine Advisors Private Limited.

Company NameStatus
Nine Advisors Private LimitedCurrent
Aw Corporate Financial Pvt LtdPrevious
Aw Holding Private LimitedPrevious

Contact details

Nine Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 601 One BKC G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Nine Advisors Private Limited, buy the company report.

Comprehensive company report
Nine Advisors 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 Nine Advisors 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 Nine Advisors Private Limited, buy the company report.

Financials of Nine Advisors Private Limited

FY 2025 filings available

Nine Advisors Private Limited reported revenue of ₹25.63 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹25.63 Cr ▲ 9%
Net profit · FY 2025
₹23.82 Cr margin 92.9%
EBITDA · FY 2025
₹25.9 Cr margin 101%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 30%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 9% growth in the latest year. EBITDA fell 30% 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 2021-22FY 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₹25.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.82 Cr
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 2021-22FY 2020-21
Profitability
EBITDA Margin101%
Net Profit Margin92.9%
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 Nine Advisors Private Limited, buy the company report.

Board of directors of Nine Advisors Private Limited

Nine Advisors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Reena Ashok WadhwaDirector01 Jan 200125 Years 10 MonthsCurrent
Ashok WadhwaDirector10 Nov 199926 Years 11 MonthsCurrent

Auditor

Nine Advisors Private Limited is audited by V.P.MEHTA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V.P.MEHTA & CO.FY 2023035722

Shareholding

The shareholding of Nine Advisors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nine Advisors Private Limited, buy the company report.

MSME payment delays

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

Group structure & subsidiaries

Nine Advisors has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

GST

Nine Advisors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACA9448B1ZUMaharashtraActive01 Jul 2017

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

Recent activity

Nine Advisors Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Shivprasad Dinkar Chavan ceased to be Additional Director on 24 Mar 2022.

AGM
Nine Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nine Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Shivprasad Dinkar Chavan ceased to be Additional Director.
Appointed
Reena Ashok Wadhwa was appointed as Director.
Appointed
Ashok Wadhwa was appointed as Director.
Incorporation
24 Jun 1997
Nine Advisors Private Limited was registered on 24 Jun 1997 with Roc Mumbai & aged 29 years 4 months as per MCA records.

Frequently asked questions

Nine Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 24 June 1997 (29+ years old) and is registered under CIN U67190MH1997PTC108986.

Nine Advisors has 2 current directors:

The latest financial statements of Nine 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 Nine Advisors is 27AAACA9448B1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Nine Advisors is U67190MH1997PTC108986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nine Advisors has 3 court cases on record: 3 filed by the company.

Nine Advisors was incorporated on 24 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

Shivprasad Dinkar Chavan ceased to be Additional Director on 24 Mar 2022. Reena Ashok Wadhwa was appointed as Director on 01 Jan 2001. Ashok Wadhwa was appointed as Director on 10 Nov 1999.

The registered office of Nine Advisors is at C – 601 One BKC G Block Bandra Kurla Complex Bandra E, Mumbai, Maharashtra, India – 400051.

Nine Advisors operates in the business outsourcing industry, in the business and IT consulting segment.