Adaxial Consultancy Services Private Limited

Adaxial Consultancy Services Private Limited - professional services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74110MH2014PTC254009 Incorporated 08 March 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company professional services
Data last updated
Revenue · FY 2020
₹2.23 Cr
▲ 689% YoY
Net loss · FY 2020
₹22.24 Lakh
Net margin -10%
EBITDA · FY 2020
₹2.22 Cr
EBITDA margin 99.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date

About Adaxial Consultancy Services Private Limited

Data last updated:

Adaxial Consultancy Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the personal services segment of the professional services sector. It was incorporated on 08 March 2014.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2014PTC254009.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Adaxial Financial Consultancy Services Private Limited and Krishant Multitrade Private Limited. It was led by directors Ashok Kumar Nandkishore Goenka Goel and Kaveeta Ashok Goel.

Its last annual general meeting (AGM) was held on 23 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Top 14th Floor Times Tower Kamala City Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2020, the company reported a revenue of ₹2.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹22.24 Lakh (net margin -10%) and EBITDA of ₹2.22 Cr (EBITDA margin 99.3%). Revenue has grown at a compounded annual rate (CAGR) of 321% over three years.

The last known website on record is aashishbhatt.in.

Company details

CIN U74110MH2014PTC254009
Registration Number 254009
Incorporation Date 08 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 23 October 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Name history

Adaxial Consultancy Services has undergone 2 name changes throughout its history. The company was previously known as Adaxial Financial Consultancy Services Private Limited, and Krishant Multitrade Private Limited. The current legal name is Adaxial Consultancy Services Private Limited.

Company NameStatus
Adaxial Consultancy Services Private LimitedCurrent
Adaxial Financial Consultancy Services Private LimitedPrevious
Krishant Multitrade Private LimitedPrevious

CIN history

Adaxial Consultancy Services has one previous CIN (Corporate Identification Number): U74999MH2014PTC254009. The current CIN is U74110MH2014PTC254009, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH2014PTC254009Current
U74999MH2014PTC254009Previous

Contact details

Adaxial Consultancy Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Top 14th Floor Times Tower Kamala City Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Professional Services, Personal, Scientific, Technical

To see the full contact details of Adaxial Consultancy Services Private Limited, buy the company report.

Comprehensive company report
Adaxial Consultancy Services Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Financials of Adaxial Consultancy Services Private Limited

FY 2020 filings available

Adaxial Consultancy Services Private Limited reported revenue of ₹2.23 Cr (up 689% YoY) for FY 2020.

Revenue · FY 2020
₹2.23 Cr ▲ 689%
Net loss · FY 2020
₹22.24 Lakh margin -10%
EBITDA · FY 2020
₹2.22 Cr margin 99.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 689%
3 years · compounded
▲ 321%
EBITDA CAGR growth
1 year
▲ 783%
3 years · compounded
▲ 385%
5 years · compounded
▲ 344%

Revenue has grown at a compounded annual rate (CAGR) of 321% over three years, including 689% growth in the latest year. EBITDA rose 783% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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₹2.22 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹22.24 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin99.3%
Net Profit Margin-10%
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 Adaxial Consultancy Services Private Limited, buy the company report.

Board of directors of Adaxial Consultancy Services Private Limited

Adaxial Consultancy Services has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashok Kumar Nandkishore Goenka GoelDirector27 Mar 20188 Years 7 MonthsAs last reported
Kaveeta Ashok GoelDirector27 Mar 20188 Years 7 MonthsAs last reported

Auditor

Adaxial Consultancy Services Private Limited is audited by VINODCHANDRA R SHAH AND CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
VINODCHANDRA R SHAH AND COFY 2017115394W

Shareholding

The shareholding of Adaxial Consultancy Services 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Adaxial Consultancy Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Adaxial Consultancy Services 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 Adaxial Consultancy Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Adaxial Consultancy Services Private Limited has 12 board changes on record since 2014: 2 appointments and 10 cessations. The latest: Mahesh Ambalal Kuvadia ceased to be Director on 07 May 2018.

AGM
Adaxial Consultancy Services Private Limited last Annual general meeting of members was held on 23 Oct 2020 as per latest MCA records.
Filing
Adaxial Consultancy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Ceased
Mahesh Ambalal Kuvadia ceased to be Director.
Ceased
Shardul Dilip Shah ceased to be Director.
Ceased
Ashok Kumar Nandkishore Goenka Goel ceased to be Additional Director.
Ceased
Kaveeta Ashok Goel ceased to be Additional Director.
Appointed
Ashok Kumar Nandkishore Goenka Goel was appointed as Director.
Appointed
Kaveeta Ashok Goel was appointed as Director.
Ceased
Bhumitra Vinodchandra Dholakia ceased to be Additional Director.
Ceased
Yashaswini Srinivas Kanakagiri ceased to be Director.
Ceased
Latha Srinivas Kanakagiri ceased to be Additional Director.
Ceased
Srinivas Kanakagiri ceased to be Additional Director.

3 earlier events are in the company report.

Frequently asked questions

Adaxial Consultancy Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Adaxial Consultancy Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in personal, within the professional services industry. It was incorporated on 08 March 2014 and is registered under CIN U74110MH2014PTC254009. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Adaxial Consultancy Services was incorporated on 08 March 2014. It is registered with the Registrar of Companies, Mumbai.

Adaxial Consultancy Services had 2 directors:

The CIN (Corporate Identification Number) of Adaxial Consultancy Services is U74110MH2014PTC254009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Adaxial Consultancy Services is at Top 14th Floor Times Tower Kamala City Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

Adaxial Consultancy Services can be reached through the website aashishbhatt.in. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Adaxial Consultancy Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 23 October 2020. Year-wise statements from 2015 are in the company report.

Adaxial Consultancy Services operated in the professional services industry, in the personal segment.

Mahesh Ambalal Kuvadia ceased to be Director on 07 May 2018. Shardul Dilip Shah ceased to be Director on 07 May 2018. Ashok Kumar Nandkishore Goenka Goel ceased to be Additional Director on 28 Mar 2018. Adaxial Consultancy Services has 12 board changes on record in total.