MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-12-0002885
Accovet Limited - business outsourcing in Vikas Bhavan, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.32 Cr
▲ 27% YoY
Net loss · FY 2024
₹6.72 Lakh
Net margin -5.1%
EBITDA · FY 2024
₹25.65 Lakh
EBITDA margin 19.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹43.27 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
About Accovet Limited
Data last updated:
Accovet Limited is a public limited company based in Vikas Bhavan, Kerala, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 16 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2019PLC060370. Its GSTIN is 32AASCA9435A1ZS (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Arundas (Managing Director) and Jinu Sasi.
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 Tc No 27/1412 First Floor Georges Building Museum Nandavanam Road, Vikas Bhavan, Kerala, India – 695033.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.32 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹6.72 Lakh (net margin -5.1%) and EBITDA of ₹25.65 Lakh (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
The company is associated with 1 brand: Accovet. As per MCA filings, the company has open charges of ₹43.27 Lakh on record.
Accovet Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0002885). For more details, the company can be reached via its website accovet.com.
Company details
CIN U74999KL2019PLC060370
Registration Number 060370
Incorporation Date 16 November 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KL-12-0002885
Recognitions & Rankings of Accovet
Contact details
Accovet Limited's registered office is in Vikas Bhavan, Kerala. Its website is accovet.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressTc No 27/1412 First Floor Georges Building Museum Nandavanam Road, Vikas Bhavan, Kerala, India – 695033
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Accovet Limited, buy the company report.
Comprehensive company report
Accovet 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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Brands
Accovet operates one associated brand: Accovet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business consultancy firm providing strategy development, operations improvement, and financial management services | accovet.com |
Business activity
The main business activity of Accovet 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 Accovet Limited, buy the company report.
Financials of Accovet Limited
FY 2025 filings availableAccovet Limited reported revenue of ₹1.32 Cr (up 27% YoY) for FY 2024.
Revenue · FY 2024
₹1.32 Cr ▲ 27%
Net loss · FY 2024
₹6.72 Lakh margin -5.1%
EBITDA · FY 2024
₹25.65 Lakh margin 19.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 232%
3 years · compounded
▲ 48%
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 27% growth in the latest year. EBITDA rose 232% 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 | ₹25.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.72 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | -5.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Accovet Limited, buy the company report.
Board of directors of Accovet Limited
Accovet has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jinu Sasi Also directs: Accovet HR Solutions Private Limited | Director | 16 Nov 2019 | 6 Years 11 Months | Current |
| Sankar Achuthan | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Arundas Also directs: Accovet Edutech LLP, Cinepicx Movies Private Limited, Accovet Infotech Private Limited and 1 more | Managing Director | 16 Nov 2019 | 6 Years 11 Months | Current |
| Remya Rema Also directs: Accovet Edutech LLP, Accovet Foundation | Director | 16 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Accovet 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 |
|---|---|---|---|---|---|---|
| Morya Enclave Private Limited | ₹1.33 Cr (FY 2025) | 136.0% | Kolkata, West Bengal, India | |||
| Financial Crest Private Limited | ₹1.33 Cr (FY 2025) | 80.0% | Coimbatore, Tamil Nadu, India | |||
| Accovet Limitedthis company | ₹1.32 Cr (FY 2024) | -₹6.72 Lakh | -5.1% | 27.0% | Vikas Bhavan, Kerala, India | |
| Milta Accounting Services Private Limited | ₹1.32 Cr (FY 2024) | 55.0% | Coimbatore, Tamil Nadu, India | |||
| Finult Advisors Private Limited | ₹1.31 Cr (FY 2025) | 46.0% | Bangalore, Karnataka, India | |||
| Credofinn Management Services Private Limited | ₹1.31 Cr (FY 2025) | -17.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Accovet Limited, buy the company report.
Charges & borrowings
Open charges
₹43.27 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2025 | 101205254 | Hdfc Bank Limited | ₹43.27 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Accovet 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 Accovet Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Accovet has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AASCA9435A1ZS | Kerala | Active | 14 Dec 2019 |
To see the full GST registrations and return filing status of Accovet Limited, buy the company report.
Recent activity
Accovet Limited has 8 board changes on record since 2019: 4 appointments and 4 cessations. The latest: . Sanitha ceased to be Director on 30 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 43.27 Lakh with Charge ID 101205254 was registered on 04 Dec 2025.
AGM
Accovet Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Accovet Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
. Sanitha ceased to be Director.
Ceased
. Harikrishna Kalathil ceased to be Director.
Ceased
Geethika Jayasree ceased to be Director.
Ceased
Sankar Achuthan ceased to be Additional Director.
Appointed
Sankar Achuthan was appointed as Director.
Appointed
Arundas was appointed as Managing Director.
Appointed
Jinu Sasi was appointed as Director.
Appointed
Remya Rema was appointed as Director.
Incorporation
16 Nov 2019
Accovet Limited was registered on 16 Nov 2019 with Roc Ernakulam & aged 6 years 11 months as per MCA records.
Frequently asked questions
Accovet is an active public limited company based in Vikas Bhavan, Kerala, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 16 November 2019 (7+ years old) and is registered under CIN U74999KL2019PLC060370.
Accovet has 4 current directors:
- Arundas - Managing Director
- Jinu Sasi - Director
- Sankar Achuthan - Director
- Remya Rema - Director
The latest financial statements of Accovet 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 FY 2020 are in the company report.
The GSTIN of Accovet is 32AASCA9435A1ZS, registered in Kerala.
The CIN (Corporate Identification Number) of Accovet is U74999KL2019PLC060370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accovet was incorporated on 16 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Accovet by revenue are Morya Enclave Private Limited, Financial Crest Private Limited, Milta Accounting Services Private Limited, Finult Advisors Private Limited, Credofinn Management Services 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).
. Sanitha ceased to be Director on 30 Nov 2024. Harikrishna Kalathil ceased to be Director on 07 Aug 2024. Geethika Jayasree ceased to be Director on 30 Sep 2022. Accovet has 8 board changes on record in total.
Yes, Accovet is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0002885).
Accovet can be reached through the website accovet.com. Its registered office is in Vikas Bhavan, Kerala, India.
The registered office of Accovet is at Tc No 271412 First Floor Georges Building Museum Nandavanam Road, Vikas Bhavan, Kerala, India – 695033.
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