About Adarsh Advisory Services Private Limited
Data last updated: 06 January 2026
Adarsh Advisory Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in business and IT consulting, a part of the broader business process outsourcing sector. Incorporated on 10 January 2014, the company has been in operation for over 12 years.
Registered with ROC Mumbai under CIN U74140MH2014PTC251934.
Capital: an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.67 Lakh. It is led by directors including Parag Mahendra Lakhani and Jayesh Mansukh Nandwana.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2024. Office: Jsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹6,114.7 Cr, a growth of 2% compared to the previous year.
The company is associated with 2 brands - Jsw Cement, Jsw Group. As per MCA filings, the company has open charges of ₹500 Cr and satisfied charges of ₹200 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jsw.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressJsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
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IndustryBusiness Outsourcing, Business & IT Consulting
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Adarsh Advisory Services Private Limited
Adarsh Advisory Services Private Limited operates two associated brands: JSW Cement and JSW Group. These brands represent Adarsh Advisory Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cement, aggregates, additives, and ready-mix concrete are manufactured. | jswcement.in | |
| Steel, infrastructure products, and power are manufactured by JSW Group. | jsw.in |
Competitors & Alternatives of Adarsh Advisory Services Private Limited
Brands and companies operating in the same space as Adarsh Advisory Services Private Limited include Sagar Cements, Wonder Cement, Dalmia Bharat and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Cement production is managed by Sagar Cements in India. | Hyderabad, India, India | 1985 |
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Manufacturer of cement materials | Udaipur, India, India | 2007 |
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Cement and sugar are produced by Dalmia Bharat. | Delhi, India, India | 1939 |
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Cement is manufactured and supplied by Shree Cement in India. | Kolkata, India, India | 1979 |
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Cement and building materials are manufactured by Ambuja Cements. | Mumbai, India, India | 1983 |
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Cement is manufactured by Orient Cement in India. | Hyderabad, India, India | 1979 |
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Cement manufacturing company | Delhi, India, India | 1939 |
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Star Cement is recognized as a leading cement manufacturer in Eastern India. | Kolkata, India, India | 2001 |
Business Activity of Adarsh Advisory Services Private Limited
Adarsh Advisory Services Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including 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 | ********* |
Auditor Details of Adarsh Advisory Services Private Limited
Adarsh Advisory Services Private Limited is audited by Shah Gupta & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Gupta & Co | blur-value | blur-value | blur-value |
Board of Directors of Adarsh Advisory Services Private Limited
Adarsh Advisory Services Private Limited is currently managed by 5 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Mahendra Lakhani | Director | 30 Jun 2021 | 5 Years 0 Months | Current |
| Jayesh Mansukh Nandwana | Director | 29 Feb 2020 | 6 Years 4 Months | Current |
| Manish Pareek | Additional Director | 13 Mar 2025 | 1 Years 3 Months | Current |
| Bhavik Dave | Director | 30 Sep 2025 | 0 Years 9 Months | Current |
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Nirmal Kumar Karwa
Also directs:
Tranquil Homes And Holdings Private Limited, Burnet Investments Private Limited, Argil Properties Private Limited and 5 more
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Additional Director | 26 Nov 2025 | 0 Years 7 Months | Current |
Financials of Adarsh Advisory Services Private Limited FY 2024 filings available
Adarsh Advisory Services Private Limited reported revenue of ₹6,114.7 Cr (up 2% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
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| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
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| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
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| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
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| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
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| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
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| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
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| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
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| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Adarsh Advisory Services Private Limited
As of FY 2023, Adarsh Advisory Services Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Adarsh Advisory Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2021 | Others | ₹500 Cr | Open |
| 20 Jan 2021 | Others | ₹200 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Adarsh Advisory Services Private Limited
View historical data on people associated with Adarsh Advisory Services Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Adarsh Advisory Services Private Limited
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GST Compliance of Adarsh Advisory Services Private Limited
GSTIN & GST Filing Data of Adarsh Advisory Services Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Adarsh Advisory Services Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Adarsh Advisory Services Private Limited
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MSME Payment Delays by Adarsh Advisory Services Private Limited
MSME Payment Delays by Adarsh Advisory Services Private Limited
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Subsidiaries & Group Companies of Adarsh Advisory Services Private Limited
Subsidiaries & Group Companies of Adarsh Advisory Services Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Adarsh Advisory Services Private Limited with ownership details.
MCA Filings & Documents of Adarsh Advisory Services Private Limited
MCA Filings & Documents of Adarsh Advisory Services Private Limited
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Recent Activity on Adarsh Advisory Services Private Limited
Recent News on Adarsh Advisory Services Private Limited
Frequently Asked Questions about Adarsh Advisory Services Private Limited
Adarsh Advisory Services Private Limited is an active private limited company in the business outsourcing sector based in Mumbai, Maharashtra, India. It was incorporated on 10 January 2014 (12+ years old) and is registered under CIN U74140MH2014PTC251934.
Adarsh Advisory Services Private Limited reported revenue of ₹6,114.7 Cr for FY 2024 (up 2.00% YoY).
The current directors of Adarsh Advisory Services Private Limited are:
The primary industry of Adarsh Advisory Services Private Limited is business outsourcing. The company specifically operates in business and IT consulting. The company is currently active in this sector.
Adarsh Advisory Services Private Limited can be reached at the registered office: Jsw Centre Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051, or through the website jsw.in.
The authorised capital is ₹2 Lakh, and the paid-up capital is ₹1.67 Lakh.