About Able Mind Consulting Private Limited
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Able Mind Consulting Private Limited is a private limited company based in New, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2008PTC172748. Its GSTIN is 07AAGCA7375R1ZV (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amit Grover and Anupam Grover.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 310 Garg Tower Netaji Subhash Place Pitam Pura, New, Delhi, India – 110034.
As per the financials filed for FY 2019, the company reported a revenue of ₹29.02 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹24,401 (net margin 0.8%) and EBITDA of ₹44,280 (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ablemindconsulting.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address310 Garg Tower Netaji Subhash Place Pitam Pura, New, Delhi, India – 110034
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Able Mind Consulting Private Limited
The main business activity of Able Mind Consulting is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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 Able Mind Consulting Private Limited FY 2019 filings available
Able Mind Consulting Private Limited reported revenue of ₹29.02 Lakh (down 61% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Able Mind Consulting Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 61% fall in the latest year. EBITDA fell 66% 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 Able Mind Consulting Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹29.02 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹44,280 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,401 | •••• | •••• | •••• | •••• |
| 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 Able Mind Consulting Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Able Mind Consulting 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 Able Mind Consulting Private Limited
Able Mind Consulting Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tazetta Advisory Services Private Limited | •••• | •••• | •••• | •••• | - | Bombay Stock Exchange Fort Mumbai, Maharashtra, India |
| Gaj India Consultants Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Financial Pundits LLP | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Dealout Professionals Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Collective Thought Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Able Mind Consulting Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Gaurab's Advisory Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ambiance India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Immune Consulting Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Shrutika Prime Wealth Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Gelmo Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Able Mind Consulting by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Able Mind Consulting Private Limited
Able Mind Consulting Private Limited is audited by R T P S & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R T P S & CO | 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 Able Mind Consulting Private Limited
Able Mind Consulting has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Grover Also directs: Miniflixx Worldwide LLP | Director | 16 Jan 2008 | 18 Years 8 Months | Current |
| Anupam Grover Also directs: Miniflixx Worldwide LLP | Director | 20 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Able Mind Consulting Private Limited
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 Able Mind Consulting Private Limited
Able Mind Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Able Mind Consulting Private Limited
Employment history and EPFO contributions of people linked to Able Mind Consulting.
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.
Recent Activity on Able Mind Consulting Private Limited
Able Mind Consulting Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Anupam Grover ceased to be Additional Director on 29 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Able Mind Consulting Private Limited
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 Able Mind Consulting Private Limited
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 Able Mind Consulting Private Limited
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 Able Mind Consulting Private Limited
Able Mind Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCA7375R1ZV | Delhi | Active | 01 Jul 2017 |
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 Able Mind Consulting Private Limited
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 Able Mind Consulting Private Limited
Able Mind Consulting is an active private limited company based in New, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 January 2008 (18+ years old) and is registered under CIN U74140DL2008PTC172748.
Able Mind Consulting reported revenue of ₹29.02 Lakh for FY 2019 (down 61% YoY).
Able Mind Consulting has 2 current directors:
- Amit Grover - Director
- Anupam Grover - Director
Able Mind Consulting reported a net profit of ₹24,401 (net margin 0.8%) and EBITDA of ₹44,280 (EBITDA margin 1.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Able Mind Consulting is 5% over three years and -11% over five years. In the latest year (FY 2019) revenue fell 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Able Mind Consulting is 07AAGCA7375R1ZV, registered in Delhi.
The CIN (Corporate Identification Number) of Able Mind Consulting is U74140DL2008PTC172748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Able Mind Consulting was incorporated on 16 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Able Mind Consulting by revenue are Tazetta Advisory Services Private Limited, Gaj India Consultants Private Limited, Financial Pundits LLP, Dealout Professionals Private Limited, Collective Thought Consultancy Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Anupam Grover ceased to be Additional Director on 29 Sep 2021. Anupam Grover was appointed as Director on 20 Jul 2021. Ramesh Chander Grover ceased to be Director on 29 Apr 2021. Able Mind Consulting has 5 board changes on record in total.
Able Mind Consulting can be reached through the website ablemindconsulting.com. Its registered office is in New, Delhi, India.