
Nine Advisors Private Limited
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
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 Name | Status |
|---|---|
| Nine Advisors Private Limited | Current |
| Aw Corporate Financial Pvt Ltd | Previous |
| Aw Holding Private Limited | Previous |
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 AddressC – 601 One BKC G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Nine Advisors Private Limited, 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 Nine Advisors is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other 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 availableNine Advisors Private Limited reported revenue of ₹25.63 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.9 Cr | ||||
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| Net Profit (PAT) | ₹23.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 101% | ||||
| Net Profit Margin | 92.9% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Ashok Wadhwa Also directs: Aw Enterprises LLP, Luxury Goods Retail Private Limited, Yves Saint Laurent India Private Limited and 1 more | Director | 01 Jan 2001 | 25 Years 10 Months | Current |
| Ashok Wadhwa Also directs: Aw Enterprises LLP, Infiiloom India Private Limited, Luxury Goods Retail Private Limited and 4 more | Director | 10 Nov 1999 | 26 Years 11 Months | Current |
Auditor
Nine Advisors Private Limited is audited by V.P.MEHTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.P.MEHTA & CO. | FY 2023 | 035722 |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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.
Legal cases
Nine Advisors Private Limited has 3 court cases on record: 3 filed by Nine Advisors. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Nine Advisors Private Limited, 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 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.
GST
Nine Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA9448B1ZU | Maharashtra | Active | 01 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.
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:
- Reena Ashok Wadhwa - Director
- Ashok Wadhwa - Director
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.

