
Parikh Consultants Private Limited
About Parikh Consultants Private Limited
Data last updated:
Parikh Consultants Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the management consultancy segment of the business services sector. It was incorporated on 05 June 1972.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH1972PTC015831.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Nayan Parmanand Parikh and Rajesh Natvarlal Sutaria.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 1008 Raheja Chamfers Free Press Journal Road Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.62 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹46.51 Lakh and EBITDA of -₹45.02 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Parikh Consultants Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1008 Raheja Chamfers Free Press Journal Road Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Parikh Consultants 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 activities of Parikh Consultants are professional, scientific and technical and financial and insurance service. In detail, this covers management consultancy activities, other professional, scientific and technical activities and other financial activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Parikh Consultants Private Limited, buy the company report.
Financials of Parikh Consultants Private Limited
FY 2024 filings availableParikh Consultants Private Limited reported revenue of ₹8.62 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 1% growth in the latest year. EBITDA fell 950% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹45.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.51 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Parikh Consultants Private Limited, buy the company report.
Board of directors of Parikh Consultants Private Limited
Parikh Consultants has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayan Parmanand Parikh Also directs: Monopol Chemicals LLP, Parikh Consultants LLP | Director | 30 Sep 2006 | 20 Years 1 Months | As last reported |
| Rajesh Natvarlal Sutaria Also directs: Monopol Chemicals LLP, Parikh Consultants LLP | Director | 03 Mar 2021 | 5 Years 8 Months | As last reported |
| Amit Gunvant Mangaldas Also directs: The Pioneer Magnesia Works Private Limited | Director | 24 Feb 2012 | 14 Years 8 Months | As last reported |
Peer comparison
Parikh Consultants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Visit Retail India Private Limited | ₹8.65 Lakh (FY 2024) | -78.0% | Faridabad, Haryana, India | |||
| KSG Consultants Private Limited | ₹8.64 Lakh (FY 2017) | Bhiwani, Haryana, India | ||||
| Marches Hospitality Private Limited | ₹8.63 Lakh (FY 2020) | Kalsanka, Udupi Taluk, Karnataka, India | ||||
| Ksa Corporate Consulting Private Limited | ₹8.63 Lakh (FY 2020) | 56.0% | New Delhi, Delhi, India | |||
| Ithought Connect (OPC) Private Limited | ₹8.62 Lakh (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| Parikh Consultants Private Limitedthis company | ₹8.62 Lakh (FY 2024) | -₹46.51 Lakh | 1.0% | Mumbai, Maharashtra, India | ||
| Pic Certification Private Limited | ₹8.6 Lakh (FY 2022) | -57.0% | Bhopal, Madhya Pradesh, India | |||
| Kiriti Consulting Services Private Limited | ₹8.6 Lakh (FY 2025) | 105.0% | Hyderabad, Telangana, India | |||
| JJSR Project Consultants Private Limited | ₹8.59 Lakh (FY 2017) | 354.0% | Pune, Maharashtra, India | |||
| Prabuddha Consultancy Services Private Limited | ₹8.58 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Succession Resources Private Limited | ₹8.58 Lakh (FY 2023) | -38.0% | Delhi, India |
To see the full peer comparison of Parikh Consultants Private Limited, buy the company report.
Auditor
Parikh Consultants Private Limited is audited by N.M.SANGOI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.M.SANGOI & ASSOCIATES | FY 2017 | 109140W |
Shareholding
The shareholding of Parikh Consultants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parikh Consultants Private Limited, buy the company report.
Legal cases
Parikh Consultants Private Limited has 4 court cases on record: 1 filed by Parikh Consultants, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against M/S Anil Ltd and Ors and 5 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by an individual | Disposed |
To see the full case history of Parikh Consultants 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 Parikh Consultants 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 Parikh Consultants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parikh Consultants Private Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Rajesh Natvarlal Sutaria ceased to be Additional Director on 30 Sep 2021.
Frequently asked questions
Parikh Consultants has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Parikh Consultants was a private limited company based in Mumbai, Maharashtra, India. The company worked in management consultancy, within the business services industry. It was incorporated on 05 June 1972 and is registered under CIN U74120MH1972PTC015831. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Parikh Consultants is U74120MH1972PTC015831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parikh Consultants had 3 directors:
- Nayan Parmanand Parikh - Director
- Rajesh Natvarlal Sutaria - Director
- Amit Gunvant Mangaldas - Director
Parikh Consultants was incorporated on 05 June 1972. It is registered with the Registrar of Companies, Mumbai.
The registered office of Parikh Consultants is at 1008 Raheja Chamfers Free Press Journal Road Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Parikh Consultants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Parikh Consultants operated in the business services industry, in the management consultancy segment.
The peers of Parikh Consultants by revenue are Visit Retail India Private Limited, KSG Consultants Private Limited, Marches Hospitality Private Limited, Ksa Corporate Consulting Private Limited, Ithought Connect (OPC) Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Parikh Consultants has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Rajesh Natvarlal Sutaria ceased to be Additional Director on 30 Sep 2021. Rajesh Natvarlal Sutaria was appointed as Director on 03 Mar 2021. Bela S Sohoni ceased to be Director on 20 Mar 2019. Parikh Consultants has 8 board changes on record in total.

