About Sheth Tax Private Limited
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Sheth Tax Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sheth Tax Inc. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 08 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019FTC319231. Its GSTIN is 27ABBCS3901R1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Namrata Ramakant Kamath and Mitul Anil Sanghani.
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 is at B – 406 Kanara Business Centre Laxmi Nagar Ghatkopar (East), Mumbai, Maharashtra, India – 400075.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.43 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.76 Lakh (net margin 17.8%) and EBITDA of ₹8.57 Lakh (EBITDA margin 26.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethtax.com.
Company details
Contact details
Sheth Tax Private Limited's registered office is in Mumbai, Maharashtra. Its website is shethtax.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 406 Kanara Business Centre Laxmi Nagar Ghatkopar (East), Mumbai, Maharashtra, India – 400075
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Sheth Tax 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 Sheth Tax is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Sheth Tax Private Limited, buy the company report.
Financials of Sheth Tax Private Limited
FY 2024 filings availableSheth Tax Private Limited reported revenue of ₹32.43 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 3% growth in the latest year. EBITDA rose 23% 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 |
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| EBITDA | ₹8.57 Lakh | ||||
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| Net Profit (PAT) | ₹5.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 26.4% | ||||
| Net Profit Margin | 17.8% | ||||
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To see the full financial statements and ratios of Sheth Tax Private Limited, buy the company report.
Board of directors of Sheth Tax Private Limited
Sheth Tax has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namrata Ramakant Kamath | Director | 08 Jan 2019 | 7 Years 9 Months | Current |
| Mitul Anil Sanghani | Director | 08 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Sheth Tax Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextgen Compliances Private Limited | ₹32.53 Lakh (FY 2017) | 3696998.0% | Pune, Maharashtra, India | |||
| Sheth Tax Private Limitedthis company | ₹32.43 Lakh (FY 2024) | ₹5.76 Lakh | 17.8% | 3.0% | Mumbai, Maharashtra, India | |
| Taxserene Financial Solutions Private Limited | ₹32.33 Lakh (FY 2022) | 104.0% | Hyderabad, Telangana, India | |||
| Mainstream Infomanagement Services Private Limited | ₹32.33 Lakh (FY 2025) | 27.0% | Bangalore, Karnataka, India | |||
| Afcos India Private Limited | ₹32.06 Lakh (FY 2024) | 5.0% | Thiruvananthapuram, Kerala, India | |||
| La Comptabilite India Private Limited | ₹31.96 Lakh (FY 2025) | 7.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Sheth Tax Private Limited, buy the company report.
Auditor
Sheth Tax Private Limited is audited by SHAH A P & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH A P & ASSOCIATES | FY 2022 | 157129W |
Shareholding
The shareholding of Sheth Tax Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sheth Tax Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheth Tax Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sheth Tax Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sheth Tax has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS3901R1ZY | Maharashtra | Active | 29 Mar 2019 |
To see the full GST registrations and return filing status of Sheth Tax Private Limited, buy the company report.
Recent activity
Sheth Tax Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mitul Anil Sanghani was appointed as Director on 08 Jan 2019.
Frequently asked questions
Sheth Tax is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 08 January 2019 (7+ years old) and is registered under CIN U74999MH2019FTC319231.
Sheth Tax has 2 current directors:
- Namrata Ramakant Kamath - Director
- Mitul Anil Sanghani - Director
The latest financial statements of Sheth Tax 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 FY 2019 are in the company report.
The GSTIN of Sheth Tax is 27ABBCS3901R1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sheth Tax is U74999MH2019FTC319231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Tax was incorporated on 08 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sheth Tax by revenue are Nextgen Compliances Private Limited, Taxserene Financial Solutions Private Limited, Mainstream Infomanagement Services Private Limited, Afcos India Private Limited, La Comptabilite India Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Mitul Anil Sanghani was appointed as Director on 08 Jan 2019. Namrata Ramakant Kamath was appointed as Director on 08 Jan 2019.
Sheth Tax can be reached through the website shethtax.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sheth Tax is at B – 406 Kanara Business Centre Laxmi Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400075.
Sheth Tax operates in the business outsourcing industry, in the accounting and financial analysis segment.
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